Claim 1 Solana Airdrop + 1 Airdrop Allocation - DO THIS NOW
Crypto with Lorenzo
3 months ago
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Executive Summary
Here's a summary of the video about checking airdrop allocations and claiming new ones:
This video covers updates on various crypto airdrops you might be eligible for, including how to claim a new one on the Solana network and check allocations for others like Corn and Shardeum. It also delves into strategies for farming potential future airdrops on platforms like Soneium and Owlto by using their bridging features, and promotes a personal trading strategy focused on shorting new, potentially low-value meme tokens on the WEEX exchange.
Here are the key topics and details discussed:
- Corn Airdrop:
- You should check your allocation for the Corn airdrop.
- Personally, I think Corn is a "bad" or "useless" coin.
- You might still get a few dollars from it, so it's worth checking and grabbing.
- I plan to short this token once it launches, similar to other new meme coins.
- WEEX Exchange and Shorting Strategy:
- A significant part of my current strategy involves shorting new, often useless "meme" tokens or L2 (Layer 2) tokens that launch.
- Shorting means you're betting the price of an asset will go down. If it does, you profit.
- I use exchanges like WEEX for this trading because they offer leverage (like 5x), which means you can control a larger position with a smaller amount of capital.
- I've had success with this strategy, closing trades with small, consistent profits (around $13-$15).
- The idea is that many of these new tokens, especially meme coins, tend to drop drastically in price after their initial launch hype fades.
- I share my trading activity (both wins and losses) on my free Discord and Telegram groups if you're interested in seeing the trades I make.
- WEEX is promoted as an exchange for trading, noting they offer promotions like bonuses for deposits and trading volume. They also highlight that WEEX doesn't require KYC (Know Your Customer identity verification) for many users, including in the US, UK, Nigeria, and South Africa.
- Soneium Airdrop Update:
- There's an update for the Soneium airdrop, which is seen as a potential "two-in-one" opportunity with Hyperlane.
- The key is to use Soneium's official "Super Bridge," which is built on the Hyperlane ecosystem.
- Regularly using this bridge (perhaps monthly, like you might use Jumper or Bungee for other airdrops) can help keep your wallet active and potentially qualify you for both the Soneium and Hyperlane airdrops.
- Bridging involves moving assets between different blockchain networks.
- The fees for using the Soneium Super Bridge are very low, often just a few cents (like 9 cents to bridge from Sonium to Zora).
- Soneium has already given out "OG" badges based on past user activity, and using their official bridge and generating transaction volume will likely be important for future airdrop allocations.
- Owlto Airdrop:
- Owlto is another platform where you can earn points that are expected to lead to an airdrop.
- Using Owlto's bridge could potentially help with the Sonium airdrop as well, making it another possible two-in-one scenario.
- Owlto's airdrop has been postponed several times, causing many people to stop actively farming it ("fading" it).
- I believe that now is actually the best time to farm Owlto because there's less competition since people got tired of waiting.
- They have a point system and a high valuation ($200M+), which suggests an airdrop is likely to happen eventually.
- It's important not to fade Owlto just because others have. You can earn points and even deploy contracts on their platform.
- Term Finance Airdrop:
- If you haven't joined Term Finance yet, there's a link provided to sign up.
- To be eligible for the Term Finance airdrop, you need to complete specific quests listed on their "earning page."
- Simply doing all the listed tasks should qualify you.
- Shardeum Airdrop (Contributor Allocation):
- There's a special allocation for people who actively contributed to the growth of Shardeum before June 22, 2024.
- If you helped by writing threads, inviting people, creating videos, etc., you might be eligible.
- You need to submit your wallet details and describe your contributions through a specific form.
- This is a time-sensitive opportunity: the deadline to submit the form is tomorrow (June 23rd, 2024, based on the video's likely recording date) at midnight UTC.
- I think it's cool that Shardeum is recognizing its community contributors.
- Solana Airdrop (Paws Community OG):
- A new Solana-based airdrop from "Paws Community" is now claimable for OGs (early users).
- I am eligible for this airdrop.
- Based on pre-market trading prices (around $0.0006 per token), the typical allocation (like 10,000 tokens) is only worth about $6.
- After accounting for the small amount of Solana needed to pay for the transaction fees to claim it, the value you actually get might be closer to $5.
- Like the Corn token, I don't see significant long-term value in the technology behind this Paws token; the meme coin trend seems to be cooling off.
- My plan is to claim the tokens and likely sell or short them on an exchange like WEEX or Bybit, rather than holding them.
- Even though it's a small amount, it's still free crypto you can get, so it's worth claiming if you're eligible.
- Remember, you'll need a small balance of Solana in your wallet to cover the network fees required to claim the airdrop.
Transcript
Transcript
another day another airdrop to go and check your allocation for an update on the sonium airdrop as well as a solana airdrop to go and clean so with that said we jump straight into the laptop first thing first is the corn airdrop which it is in my opinion a little bit of a bad coin like useless coin so make sure to go and check your allocation down below you could have gotten a few dollars you never know make sure to go and grab it but i am sure that with this one just like the solana one which we're gonna go and see in a bit i will short it and as you see here i do short tokens over on weeks so come and trade with me here we got the order history all profitable and i do small but short trade to try and increase my portfolio for example 15 dollars profit and lost i try to close at a 15 profit that's how you know i try to be conservative i don't want to push it too far but as we see here we have a token like the rome token which came out yesterday we also have the coco token which have done you know they went down 63 percent wrong four percent as of today meant drastically down from you know 71k volume only so drastically down and we see that all of these l2 new tokens they go drastically down so my technique here it is just to go and short them and you can show them of course you know 5x leverage and if you also want to come and trade by the way i have a new discord group a new telegram group all free to join the link will be down below i share a lot of the trades that i do here for example on this court some of the one that i do free to go enjoy i'm no financial advisor whatsoever i just share you what i make as well as what i lost because that's part of the game but if you want to come and join it will be down below for all of the social media discord telegram and as well if you want to come and trade on weeks with there are some promotion for example to simply deposit 200 keep it in your wallet and open a trade of 200 you get 30 for free same if you do for a thousand dollars and then you got the futures trading if you have a volume of 10 000 you can do this one with a lot of different accounts so make sure to just open different accounts as well could be an idea and you do unlock all of this privilege but this is my trading as right now it works sometimes it doesn't work at our times but we are good to go and try it so quick me from the future i was editing the video and as you see over here just wanted to show you i did receive the buyout as we said all of these meme coins here it is the 13 dollar closing of the short once again 15 of the profit maybe it was 14 but still it went down took the profit i will share it tomorrow my on my telegram on my discord but yep as you see this is my for now this is my technique so come and join me i have a little bit of an update on the sonium airdrop now sonium it is a two-in-one airdrop theoretically with hyperline because they have breached their super bridge over on the hyperlane ecosystem as we see over here so one thing that i would suggest to you it is to go and utilize just as we use jumper relay bungee on a monthly basis to keep the transaction going also to use the support bridge over for sonium because this allows you to have the hyperlane airdrop as well as the sonium airdrop and as we see here the fees are super super low so for example from sonium to zora the fees are about nine cent which it is really really good and this gives you the possibility to first of all do transactions with the sonium ecosystem which they already gave out the batch for example og batch depending on the amount of transactions you did and they will have an airdrop and the volume that you swap the utilizing of their official bridge which is this one will very much come into place another one for example is a welto that gives you the possibility to go and earn points as well as on sonium as well as the owelto so this is another two in one owelto with sonium or if you wish to you can go and use the super bridge on sonium owelto will have an airdrop and i do as you know we don't think that they have postponed and postponed the airdrop now owelto in a matter of fact not many people are farming it which means that if you go and farm it now it is the best moment to do it because people are tired of it but they will have an airdrop they have a point allocation they have raised over 200 million dollars so sorry they have a valuation of over 200 million dollars which means that the r2p is going to come you can also deploy contract directly over here on the owelto so the link will be down below and in my opinion it is something not to fail people a lot of people 90 of the people are fading owelto they got tired of it but the point system is still going on as we see over here so make sure to go and grab it make sure to go and do all of these tasks everything that there is important and also use the official super bridge next up i have one extra code for term finance in case you're still not part of it make sure to go and join through the link down below this one and go and do the quest over here on the earning page simply do everything like this and you will receive also the term finance airdrop next up we have the shredium airdrop update as you see here if you're a contributor to the shred room growth before june 2020 24 22nd whether by writing threads invited people creating videos you submit your wallet details to get a allocation which it's kind of nice so if you are a contributor there is the link down below we'll leave you this form down below make sure to go and sign up do your things and you know just go and see what you get you have the deadline until tomorrow tomorrow is the deadline at midnight utc time so make sure to go and participate make sure to go and do it this is the one connect your wallet connect say everything that you've done and you are good to go next we have the solana airdrop for the ogs now this is the post airdrop and as we go and see here i am eligible for it now this is one of those other airdrop in my opinion of course i'm no financial advisor whatsoever that once it launches people are not really gonna buy into the technology of it there's not gonna be so much the you know the mean coin era seems to be done so i will sell this which potentially as we see here tg dashboard which we can go and verify with the uh you know over here we have the possibility to see that on pre-market so this will is not gonna be what the market but over on bybit for example and as well on weeks there's gonna be the possibility to short it or longer depending on which one you prefer they have the possibility and they are trading at 0.0006 per token meaning that the 10k allocation that this one got potentially you got as well and i got it is worth six dollars now i don't think many people are gonna buy into it which is why i will be trading on weeks i will be shorting this meme coin because there is nothing interesting about the technology of this token for me to go and say that it is a long-term token i'm doing it for rome which it is another bad coin and i will be doing it for both so can i trade on weeks if you wish but the important thing is that you can claim this it is still a solana airdrop it is still a six dollars if you accumulate sell it of course you will have to need some solana in your wallet to be able to claim it so make it five dollars with the fees but it is still an air job we are not gonna refuse it i will claim it i will potentially sell it i will put my money into the trading but i'm no financial advisor this is just what i'm gonna do and so don't follow me don't follow me on any of the trades i do i just bring you especially on my trading channel on discord and telegram i just bring you the few updates and you are good to go so let me know your allocation down below let me know your thoughts down below and with that said i will see you all in tomorrow's video ciao guys