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I was accumulating ETHFI before the recent pump—got in sub-$1, which hasn't performed badly considering. But with rates dropping, I'm cautious: altcoins may react more negatively to macro shifts than ETH itself. So right now, I'm split: part of me sees potential upside in ETH as the core asset, while another part is bracing for volatility typical of altcoins. How is everyone balancing core ETH exposure vs high-upside tokens right now?
$TIA and a few EigenLayer plays like $EIGEN, $ETHFI and $REZ have nice potential. DA will eventually get commoditized but right now, these tokens could all get a fair amount of airdrops and the airdrop premium alone could 5-10x these IMO. There are a few others I have some conviction on, but honestly I think I’m a few months you’ll be able to throw a dart at a dartboard full of crypto tickers and likely hit a 5x. BTC dominance is at 61% rn, cut that in half and that will add a trillion $ to the altcoin market. That’s a lot of gas added to the altcoin market. That being said, I don’t think people will find many 100x’s without serious risk taking, which is why I made sure to express to OP that the likelihood of getting rich in crypto, especially at this point in the cycle, is basically non-existent. Not totally impossible but extremely unlikely.
tldr; Cryptocurrency exchange OKX is expanding its support for the USDC stablecoin by introducing six new trading pairs: AEVO-USDC, ATH-USDC, CATI-USDC, ETHFI-USDC, JUP-USDC, and ZETA-USDC. This move aims to support the USDC ecosystem and meet diverse trading needs. The expansion comes amid a challenging outlook for stablecoin issuers due to the Federal Reserve's interest rate cuts, which impact revenue from US Treasury Bills, a major reserve component for stablecoins like USDC. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I managed to get a couple of TAO at around $280 - but nothing too substantial. Mostly accumulated more ETH, and had been staking that to receive EIGEN and ETHFI airdrops xD
Did everyone get their ETHFI airdrop yet ? I claimed already awhile back and chose eth mainnet to receive it
For context I put in 20 ETH at the end on Jan so the numbers aren't the same today. Not everyone can risk 20 ETH and at the time I shouldn't have, but you can math it from my numbers to yours. Etherfi gave me an airdrop of 1140 ETHFI ($5300 today) for season 1. I expect Season 2 to be 20% of that but just guessing. Etherfi still gives me \~3% for restaking and soon EigenLayer restaking will be added to that. On Pendle I split between PT-eETH for fixed yield and it matures June 29 for +1.2 ETH or so but no Etherfi points. The other half went into the LP and I got about 0.7 ETH from that so far plus about 20 PENDLE tokens but also 2x Etherfi points. Both Pendle options were about 30% APR when I got it but the LP is around 11% now. Again, the PT-eETH was fixed rate no points. LP double points but the rate is lower today. Altogether maybe 2 ETH in 5 months and $5300 in airdrop. . Swell L2 is still unknown but I keep generating all my previous yields and they claim to airdrop 1% supply for every project that launches on the L2 and there's 5 or 6 projects so far. Before that I had it all sitting in LIDO stETH. Compared to LIDO it's been really good. Ship might have sailed on Etherfi airdrop fantasies but Pendle is still cooking.
You guys wanna hear the funny part of this case? The hacker opened a $1M ETHFI long before shilling the token on the compromised account only to close that trade for a loss of $3.5k [source](https://x.com/zachxbt/status/1795082950326759642). Crypto is at some weird part of the cycle...
If you just hold ETH without doing anything, then just swap it to BTC. Everyone who's restaked their ETH gets many airdrop that outperforms BTC. I restaked around 5 ETH and has gotten: - $2800 in ALT - $3600 in ETHFI - $800 in EZ - $500 in PUFF - EIGEN in september, and at current premarket price of $7, I would get ~$5000 This is on top of 3.5% staking APY.
Summary: - Crypto lawyers express concerns over the legal complexities surrounding the use of 'points' in crypto projects. - Points are being widely used in the crypto space to incentivize users and are often linked to future airdrop distributions. - The regulatory implications of points programs are significant, with potential issues related to securities laws and regulatory clarity. Negative Sentiment | Balanced Presentation | 5min read Assets: $BLUR, $ENA, $USDE, $ETHFI, $RSETH, $PENDLE, $EZETH 🤖 *Beep Boop: This message was generated by a Bot.*
Klaytn, ADA, FTM, DOT, ETH, ETHFI, DGB haven't pump much yet, but sure it will during altcoin rally