100 FRANKLINS 💵

🤨 Cryptocurrency Pre-Market Platforms #100F_EDU In the new illustration, we explored different types of platforms and their features Useful links: 🔘Bybit Pre-market 🔘Kucoin Pre-market 🔘Whales Market 🔘Getgems ✈️ Telegram

The meme token craze keeps rolling on 🫣 #100F_NEWS So check this out, there was this dude who made a token called HANDS and streamed himself holding up a sign with "No hands - no rug pull" using just his chin. While he was doing that, the token's price was shooting up. Then, at the peak, he just whipped his hands out from behind his back and cashed out all his tokens Now I'm kinda scared to see what they'll come up with next 🫠 ✈️ Telegram

Who are the Sibyls? 🤔 #100F_EDU First up, we've got this thing called a "Sybil Attack." It's basically a security threat in online systems where someone makes a bunch of accounts and tries to take over the network 💬 The term "Sybil" itself is borrowed from a woman named Sybil Dorsett, a character from a book who had a rough childhood and ended up with a personality disorder, showing herself as multiple separate personalities So, "Sybil" literally means someone who creates multiple accounts 👀

In the crypto world, they use this term for folks known as multi-accounters — people who create tons, hundreds, or even thousands of accounts hoping to score airdrops from projects

Fighting the Sibyls 🥸 Crypto projects themselves are trying to fight back against these Sibyls and use various methods to figure them out. And it's not just about tracking wallet connections through IP addresses There are other criteria too ➡️ For example, just recently, LayerZero announced they're looking at this kind of activity based on stuff like: 🟠You're one person with dozens, hundreds, or thousands of addresses involved in mass farming (linked by transactions or IP) 🟠Creating useless NFTs just to move them across networks 🟠Using popular apps like Merkly, L2Pass, L2Marathon to cut down on transaction costs 🟠Transferring $0.01 back and forth to touch new networks So, the rules are getting stricter, and now even people who farm or transfer tiny amounts and use certain apps might be labeled as Sibyls 🫠 Despite these challenges, multi-accounters still manage to snag drops by gaming the system We'll see how long this scheme lasts and what projects will do about it in future giveaways 🗓 ✈️ Telegram

Airdrop from Aethir #100F_AIRDROP Aethir is on a mission to create a decentralized cloud infrastructure and open up access to content in the Metaverse. They've already raked in $11.53 million from private and public funding rounds, with backers like HashKey Capital, Merit Circle, Animoca Brands, and others They just dropped the news about a campaign where we can score some freebies from the project Here’s what you need to do to get in on the action: 🔘Own a node (starting prices at 1.8 ETH) 🔘Join in on social media campaigns 🔘Get involved in various communities 🔘Bring in at least 10 referrals 🔘Hold an OG role in Discord ❗️You don’t have to meet all these criteria to participate What to do in social campaigns: 🔘Head over to site, connect your wallet Complete tasks on Galxe to rack up at least 1000 points. Quiz answers: B, D, C, A, C 🔘Do tasks on Layer3, quiz answers: B, A, B, A, B, A, B, C, A, D. Finish by minting a cube on the Arbitrum One network 🔘Keep an eye out for new tasks on site 🔘Invite your friends to join You’ll earn Badges for completing these tasks, which you can check out on the campaign page. ⏳ The campaign runs until May 12th ➡️ Keep up with the latest from the project on Twitter ✈️ Telegram

What's been shooting up the most since the beginning of 2024? 🤔 #100F_FACT The biggest gainers are these tokens: AERO, WIF, AITECH, OM, APEX, PEPE, AGI, FLOKI, AIOZ, and VELO Leading the pack is Aerodrome Finance's liquidity protocol token, AERO Once again, we're seeing meme coins dominating, with three of them on the list: WIF, PEPE, FLOKI. It's becoming clear yet again: when it comes to the big players, they don't even need to bother with tech – it's all about the hype 🫠 ✈️ Telegram

Updates on Activities #100F_AIRDROP 🔘Layer3 – If you took part in the Mission 200K quest by Layer3, now's the time to check your rewards and claim them here 🔘Scroll – Over at Layer3, the Scroll Sprint quests are up and running. Here, you can also gather cubes in the Scroll network and earn points ✈️ Telegram

📊 Crypto Market Update and Last Week's Recap #100F_VIEW 🔘Bitcoin closed the week with a green candle after four red ones, and by Monday it rose above $64k 🔘The BTC fear and greed index reached 71 points after hitting a low of 43 points on May 2nd 🔘The altseason index stands at 41 points Important highlights: 🔘Spot BTC-ETF and ETH-ETF launched in Hong Kong, but trading volumes weren't impressive 🔘In early May, there was a significant outflow of funds from BTC-ETFs in the US, totaling $563.7 million 🔘Microstrategy bought an additional 122 BTC in April for $7.8 million 🔘The US Federal Reserve kept the interest rate at the same level 📈Top 3 Performers in the Last 7 Days 🔘WLD (+31.7%) 🔘RNDR (+28.6%) 🔘WIF (+26.6%) ✈️ Telegram

Just another day in the crypto market, nothing out of the ordinary 😁 ✈️ Telegram

✔️ How to beef up networks using bridges? #100F_EDU Retro hunters and active crypto users always need platforms that allow transferring funds from one blockchain to another. They're called bridges Here are some of them: 🔘Orbiter Finance - has around 30 networks for topping up, which is quite decent. Using it, you can also earn O-Points for a drop from the project itself 🔘Bungee - a platform that allows transferring the native token of one network to the native token of another 🔘Stargate - an omni-chain bridge built on top of the LayerZero protocol. Stargate users can also move assets between liquidity pools on different protocols 🔘Jumper - another bridge interacting with 19 networks 🔘Relay - has the ability to top up only 13 networks, but stands out for its low costs 🔘Owlto - a bridge that also allows accumulating points for bridges for future drops from the project Save it for quick reference 👍 ✈️ Telegram

🎞 Movies about finance and cryptocurrency #100F_EDU We've put together an interesting selection for you that will allow you to spend your time informatively Save it to watch over the weekend ✔️ ✈️ Telegram

🤔 Sell in may and go away? #100F_EDU 🟢The phrase 'Sell in May and go away' originated from a traditional English saying, which was a bit longer: 'Sell in May and go away, and come on back on St. Leger's Day.' Back in the day, traders and bankers used to wrap up their big deals by May and then head out to the countryside near London for the summer. St. Leger's Day refers to a horse racing event held in September, which was attended by the British elite 💃 🟢This saying has stuck around and is still relevant In the cryptocurrency market, statistics show that Bitcoin's growth tends to be weaker in the summer months and stronger in the fall and winter 💰 However, when deciding whether to sell or exit the market, it's important to assess each situation individually ❗️ 🟠Recently, we've seen a significant market downturn, with many assets experiencing corrections of -30% or more 🟠If a medium-term investor has been actively following market sentiments, they probably sold earlier in March and April 🟠They might consider buying back in when prices become attractive again for certain assets, regardless of the month, depending on whether their assets have reached the desired prices 🟠Nevertheless, it's true that activity in many areas, including markets, tends to be lower during the summer months, as many people prefer to take vacations during this time 🤷‍♂️ ✈️ Telegram

What are you doing on the market right now? 🟢I'm stocking up, got some good discounts — 🔥 🟢Not buying yet, waiting for it to go lower. Will buy more then — 👌 🟢Not buying and won't, already fully loaded on alts — 👍 ✈️ Telegram

📲 Stablecoin Market Overview #100F_FACT Which stablecoin is losing ground in % ratio, and which one is gaining? Which countries are actively purchasing them with fiat currency? We illustrate all this clearly in our new graphic 👆 ✈️ Telegram

That's just how we roll... ✈️ Telegram

CZ's court case and market dip 👀 #100F_NEWS 🔘Yesterday, Binance's founder got sentenced to four months in prison 🔘This makes CZ the richest prisoner in U.S. history 🔘On top of that, he's gotta cough up a $50 million fine 🔘On his Twitter, he thanked everyone for the care and support, saying he'll stick to being a passive crypto investor and focus on education after his sentence 🔘Meanwhile, things aren't looking so rosy in the market: BTC dipped below $60k, and altcoins are taking a bigger hit 🔘Over the past day, over $367 million got liquidated Keep an eye on that correction 🩸 ✈️ Telegram

💲 Is ETH a security or not? Recently, ConsenSys filed a lawsuit against the SEC to finally determine the status of cryptocurrencies. Additionally, they presented 4 arguments why they don't consider ETH a security: 1⃣ SEC's Historical Position on Ethereum In 2018, Hinman, the director of the SEC's Division of Corporate Finance, gave a speech stating that Ethereum is not considered a security 2⃣ CFTC's Classification as a Commodity The Commodity Futures Trading Commission (CFTC) previously recognized Ethereum as a commodity 3⃣ Decentralization and Open Protocol A ConsenSys representative stated that Ethereum is unquestionably decentralized 4⃣ Insignificance of Consensus Mechanism Shift The shift of Ethereum from Proof of Work (PoW) to Proof of Stake (PoS) is not considered significant by the SEC In conclusion: 🟠It's evident that the SEC will continue to pressure cryptocurrency companies. ConsenSys, however, has taken a bold step by filing a lawsuit against the Commission 🟠It's likely that more time will be needed to reach a conclusion on these matters ✈️ Telegram

💲 What's up with Bitcoin? #100F_VIEW In the "Funny Pictures for Hamsters" segment, we've decided to gather some stats about Bitcoin's current state that are buzzing around in the media 👆 ✈️ Telegram

📊 Crypto Market Update and Last Week's Recap #100F_VIEW 🔘Bitcoin showed a slow decline, dropping by 6.5% over the past 7 days to $62k. Also, there was an outflow of 5,176 BTC from US spot BTC ETFs last week 🔘The BTC fear and greed index is at 67 – things cooled down a bit, but not drastically 🔘The altcoin season index is at 39 Important Updates: 🔘SEC postponed the review of spot ETH ETF applications to June 🔘ConsenSys filed a lawsuit against the SEC, aiming to establish that ETH isn't a security 🔘US prosecutors demanded a 36-month prison term for CZ. The trial is set for April 30 🔘Tether announced it would block addresses listed under US sanctions 🔘The first spot BTC ETF and ETH ETF will launch in Hong Kong tomorrow ❗️There might be significant market volatility in the coming days. 📈 Top 3 Performers in the Last 7 Days: 🔘HNT +25.8% 🔘BONK +17.6% 🔘HBAR +10.8% ✈️ Telegram

🧑‍🎓 What's a blockchain explorer? #100F_EDU In this new illustration, we're talking about some handy websites for different networks. Check out the links below: 🔘Etherscan – for Ethereum network 🔘Blockchain – for Bitcoin network 🔘Tronscan – for Tron network 🔘Bscscan – for Binance Smart Chain network 🔘Polygonscan – for Polygon network 🔘Solscan – for Solana network 🔘BaseScan – for Base network 🔘zkSync – for zkSync network 🔘Arbiscan – for Arbitrum One network Save this for yourself so you always have it handy! ✔️ ✈️ Telegram

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