Chasing Meta #235: ๐Ÿ”ฅ 16.9M $ME Airdrop, FED Backs Crypto, & $JellyJelly Hits $200M

By Degens for Degens

๐Ÿ’ฅ Brief Preview: 16.9M unclaimed $ME will be airdropped in February, Plumeโ€™s 'Mystery Red Envelope' campaign on Galxe.

๐Ÿ”ฅ Bitcoin DeFi: Ordinals 0.22.0 enabling recursive inscriptions, Tiny Records improving its music platform, and Hyperliquid teasing Bitcoin expansion.

๐Ÿ‘พ Gaming: For gamers, Abstract streamers earning $2.6M in two days, B3 launching five gamechains on Base.

๐ŸŽฏ Newsworthy: The Federal Reserve signaled support for crypto banking, while a $LINK phishing attack cost a user $400K.

7 Actionable Insights:

Bitcoin DeFi Meta:

Gaming Meta: 

  • 1. ๐ŸŽฎ The Streaming Revolution is HERE: Abstract just launched, and streamers have raked in over $2.6 MILLION in less than two days!

  • 2. ๐ŸŽฎ B3 Open Gaming L3 on Base: B3, an open gaming L3 on Base, is launching 5+ gamechains this quarter, including Prime Chain by Parallel. The B3 token will provide exposure to these gamechains and infrastructure partners.

  • 3. ๐ŸŽฎ NRN Agents Joining Ronin Network: NRN Agents will bring AI battles and player-driven economies to the Ronin Network starting Q1 2025.

Projects with recent fundraising rounds to keep an eye out for:

  • 1. ๐Ÿ’ธ Cryptio Raises $15M: Cryptio, a crypto accounting platform, has raised an additional $15 million in its Series A funding.

  • 2. ๐Ÿ’ธ Bluwhale Secures $100M: Bluwhale has secured $100 million to build Oceanum, an AI-specific L3 on Caldera, for scaling AI agents across multiple blockchains.

Daily Highlights:

  • 1. ๐Ÿ—“ $jellyjelly Explodes: $200M Volume, 20k Holders in 1 Hour: Venmo Founder Flips the Script: Tokens > VC, Why raise from VCs when you can launch a token?

  • 2. ๐Ÿ—“ FED GIVES CRYPTO THE GREEN LIGHT: Federal Reserve Chair Jerome Powell just dropped a major statement: โ€œBanks are perfectly able to serve crypto customers.โ€

  • 3. ๐Ÿ—“ Kaito Crypto Twitter Mood: Crypto Twitter is expressing a "locked in" and busy sentiment.


Rekt Corner:

  • 1. ๐Ÿšจ $LINK Phishing Victim: A user lost nearly $400,000 in $LINK due to an "increaseApproval" phishing transaction.


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#cryptocurrency#defi#gamefi#blockchain#airdrop#metaverse#nft#web3
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