Coin Factory

zkSync airdrop 2 months ago left many disappointed. But we see the price of $ZK pumping more than other L2 tokens 45% since the dump.Who buying when everyone say it will dump
Do the insiders know something that we don't?
The 72.7% sell-off might seem alarming, but it's actually common in airdrop. Here why:-Many user are in for quick profits, Airdrop Farmer.-This doesn't necessarily reflect on zks value proposition but show the selling pressure that affect the price of $ZK at short term.The 25.3% who kept some or all tokens? These holders likely:-Understand zkSync technology-Believe in the long-term vision-See potential for growth in the L2 ecosystemLet's break down that 25.3%: 15.4% hold all their tokens, betting on zkSync ecosystem success, while 9.9% sold partially to lock in gains while staying in the game. This reflects both strong confidence and smart risk management.Now, the 2% who bought more. Small? Yes.Insignificant? No. Why ?Only about 10% of traders are typically profitableThese buyers could be the "smart money" - investors who see undervalued potentialIt indicates some level of post-airdrop market demand. This 2% might be small, but it's a positive signal in my view.Don't sleep on that 45% $ZK pump:-Significant buy pressure emerging-Growing market confidence-Potential smart money movesWhile other L2 tokens struggle to recover, zkSync's bouncing back strong. A sign of things to come?
So, is the FUD deserved?
The data suggests otherwise. While challenges remain, zkSync's showing strong signs of resilience and potential growth. The smart money seems to be taking notice.Are you bullish on ZK?

We would likely see a #BTC rally into its death cross. You can see that rally has now arrived.So perhaps some context is needed.
What happened during prior death crosses?

In 2023, started its rally just after the death cross. It then got above its 50D SMA and subsequently held it as support before going higher.In 2022, got a small rally into the death cross but it faded after the cross occurred.In 2021, rallied before the death cross and then it faded as it arrived.In 2020, rallied into the death cross, had a small pullback after it, then kept going (sort of like 2023).And in 2019, had a strong rally into the death cross, that topped on the day of the death cross, before fading back down for a few months.The durability of this move will likely depend on first #BTC getting above its 50D SMA ($62k), and then holding it as support like it did in 2023.If it fails to hold as support like 2019, then the slow grind down continues until a sufficient pivot from the Fed IMHO.$BTC #MarketDownturn #BTC #Bitcoin

There are three narratives making waves in crypto right now:
1️⃣ $ETH is dying
2⃣ $BTC FOMO by institutions
3⃣ $XRP settled with the SEC
Let's dissect them one by one. An XL thread
When both Bitcoin and Solana outperform Ethereum, you got to ask yourself some serious questions. ETH maxis and devs are already throwing the towel. What is going on here? I may have an answer to this puzzling conundrum by the end of a thread. Next.Ethereum is now suffering from the XLM curse. WTF is that? If your network is fast & cheap, there is no reason for your token to pump. Did you know it now costs 100x less to transact on ETH L2s like Arbitrum vs last year? That's NOT bullish for ETH's price! See why next.

Remember ultrasound money? Demand for ETH is so LOW that they have to literally print tokens from thin air again. ETH inflation is now positive in order to cover costs because fees don't cut it anymore. They are not enough! This adds more sell side pressures too. Next.Why is this happening? Because Vitalik decided to scale ETH via L2s and made it extremely cheap in terms of fees. But there is a problem. You see, ETH is like oil, and now everyone is moving to an electric car. 🤣What's the point of Ethereum then?As a network it will do just fine and thrive, but if they scale away from ETH as a gas token, its price will crash.Who want's to pay $10 for an ETH transaction, right? The token relevance will fall, and so will its price. So Solana is also cheap, fast and pumped?!Solana is not cheap, it costs billions per year in subsidies to pay for that speed.Just as ETH prints new tokens from nothing, Solana prints billions from nothing. SOL may crush under its own weight one day. At least ETH is upfront about it. Next.Competition from Solana and 10k other altcoins make ETH life harder every year. If you reduce fees by 100x, you need demand to pump by 100x as well. But if demand goes elsewhere the downwards pressure on ETH's price is compounded!Were L2s a mistake? But enough about ETH.Bitcoin is the hottest narrative in crypto, in contrast to ETH.The BTC price crashed on Monday, but institutional buyers got FOMO buying back in at a level never seen this year. They know. When will retail wake up in this cycle?Data shows that institutions are here. Once retail joins we will get our top. Likely later this year or early 2025. Timing can vary based on price action, but it's coming. Some expect a hockey stick price action. What is that?This basically. Only if retail comes hard we will get it. And they may!XRP just settled with the SEC and it's price pumped 30% on the news.Plus, in July, the SEC lost the case with Binance and the court said cryptocurrencies are not securities! The stage is set for another bull run, will we get it? Make sure to sell when it happens! Next.#BTC #MarketDownturn #ETH #XRP #SOL

StarkNet, the game-changing tier-1 project, just secured a jaw-dropping $300 million investment.Hold on tight, because an incredibly generous airdrop is on the horizon.Ready for some easy quests? 🧵👇2/ Install the Argent X Walletbit.ly/ArgentxStarknet3/ Bridge any amount of ETH to the StarkNet network4/ Buying a domain (price $15)app.starknet.id5/ Follow to twitter @Orbiter_Finance6/ Doing easy questsstarknet.quest/quest/8That’s it. If you enjoyed my post please subscribe, like & leave a comment. Have a great day y’all ❤️

Aptos made a generous airdrop, but there's more to it!

Discover how you can earn up to $3,000 per account 🧵👇

2/ At first glance, Aptos network seems ridiculous, but...

Tokenomics highlight 51% allocated to the community, while only 3% distributed for the first drop (to noders and NFT holders).

3/ Aptos is currently facing challenges due to new projects taking priority. Network activity, including

- TVL

- Volume

And other metrics, reflect the negative situation. Another retrodrop could help rectify this.

4/ Installing Petra and Martian wallets

5/ By using AptosBridge, we can achieve two goals simultaneously: promoting activity in Aptos and Layer Zero

theaptosbridge.com/bridge

6/ Sending some APT to the staking for Pancakeswap

pancakeswap.finance

7/ Making swaps on the exchanges:

✧ liquidswap.com

✧ hippo.space/swap/from/USDC…

✧ aptoswap.net

✧ app.thala.fi/account

8/ If you want to increase the multiplier and improve your chances of getting an increased drop, you can consider buying a domain from aptosnames.com as an optional step.

9/ Creating a multi-signature on M-Safe.

app.m-safe.io

10/ Thanks for reading, if you like my work please subscribe, like & leave a comment. Have a great day y’all ❤️

Something big is happening with Tabi, an apparent airdrop that could earn you up to $400 per account!

But that's not all...rumor has it that Tabi might also be listed on Binance. 😱

Keep reading to uncover all the exciting details! 🧵 👇

2/ Tabi is an NFT marketplace on the Binance Smart Chain (BSC).

The protocol serves three primary functions: a marketplace, a launchpad, and an on-chain wallet activity identifier similar to that of Galxe.

3/ The project has raised $11 million in investment from:

- Binance Labs

- Hashkey

- Animoca Brands

- NGC Ventures.

4/ The announcement mentions the word "Airdrop."

We'll have to wait and see if they'll be distributing tokens or other rewards. But for now, let's focus on the quests:

5/ Step 1.

• Go to TabiNft Website tabi.lol

• Connect wallet (BSC network)

• Then do “Sailor’s Quest “

6/

• Join Discord » Go to # get-voyager-role.

• Click ‘Get Voyager Role’ button to get Voyager role.

• Then Mint NFT (You need 0.16$ bnb for gas fee)

7/ Step 2:

• Invite Quest: Share your invite link with friends

• Get 5 invites for a chance at a copper box NFT (optional)

• Mint NFT

7/ Step 3:

• Do Reddit Task

• Connect to Reddit

• Mint NFT

8/ This situation reminds me of the story of Hooked, where people could receive around $300 per account for a free jpeg.

Here, Binance Labs is also involved, and we might witness Tabi in the launchpad.

9/ If you like my work please subscribe, like the post & leave a comment.

🚨 Linea's airdrop, featuring none other than Bill Gates as CTO, is making waves across the globe.

Here's why you need to be part of this epochal event 🧵👇

2/ Linea, a blockchain platform developed by ConsenSys, has attracted a staggering $700 million in investment.

It is also considered a top contender for the largest airdrop ever.

3/ They have already conducted an NFT airdrop for those who participated in Linea Voyage for 9 weeks.

At that time, this project didn't receive much attention. However, it has now gained recognition comparable to L0, zkSync, and Starknet.

4/ Add the Linea network

https://docs.linea.build/use-mainnet/info-contracts

5/ Transfer some ETH to the Linea network using the official bridge

bridge.linea.build

6/ Transferring part of ETH to Linea network using layerswap

We also touch on 2-3 other networks

layerswap.io/app

7/ Trading NFT on Zonic on the Linea network

zonic.app

8/ Trading NFT on Bilinear

bilinear.io

9/ Mint NFT on Claimabl3.

linea.claimabl3.xyz/all-mints-ethc…

I chose the cheapest NFTs everywhere so I could get my transactions counted.

That's it, so far this is all the significant activity we can touch on at the moment

10/ I purposely selected the cheapest NFTs available to ensure my transactions were counted.

That's it. For now, these are the only significant activities we can discuss at the moment.

11/ If you like my work please subscribe & like this post❤️

Have you heard about the exclusive airdrop from BASE?

This golden chance to earn thousands of dollars won't last forever. Don't miss out! 🧵👇

2/ Base is a layer2 blockchain from the largest exchange CoinBase that will distribute its tokens for simple but correct actions on the network 🤫

3/ If you switch on now and mint an NFT, you can claim to be an early user, which gives you a great chance at a guaranteed AirDrop.

And from BASE, it's going to be a significant opportunity.

4/ Firstly get on Discord and get roles through Guild.

5/ To mint NFTs on the Base mainnet, you'll need to transfer ETH.

(docs.base.org/tools/bridges/)

6/ Click Sign Message on basescan basescan.org/verifiedSignat… and insert the command

"all your bases are belong to you".

7/ Confirm the transaction and copy the Signature Hash

8/ Connect MM to the site and insert HASH into the Mint tab

9/ If you liked my work please subscribe and upvote this post

Thanks for reading