← Back to YouTube Summary

Claim 3 Airdrops + 1 Airdrop Allocations - DO THIS NOW

Channel

Crypto with Lorenzo

3 months ago

Score: 686

The summaries and transcripts on this page are generated with AI technology and may not perfectly represent the content of the video. Please use the information as a guide only.

Executive Summary

Hey! So, basically, the crypto market took a bit of a dip today, and the big reason for it seems to be some drama happening over at the Hyperliquid trading platform. On the brighter side, there are a bunch of crypto airdrops that are either ready to claim right now or have allocation checkers live, so you can see if you're eligible and how much you got.

Here’s the breakdown of what went down:

  • Hyperliquid Incident & Market Impact:

    • The market is down today, and the finger is being pointed squarely at Hyperliquid.
    • Apparently, someone on Hyperliquid shorted a token called "jelly jelly."
    • This person then somehow simultaneously bought or swapped "jelly jelly" elsewhere, which weirdly caused them to liquidate their own position on Hyperliquid.
    • When this person was liquidated, Hyperliquid the platform was forced to take on their losing "toxic short position."
    • Now, because "jelly jelly" is actually pumping, Hyperliquid is left holding a massive loss on this inherited position, currently sitting at a negative $10 million Profit & Loss (P&L).
    • This entire mess at Hyperliquid is why the broader market dipped today.
    • Bitcoin and Ethereum both went down; Ethereum specifically dropped from around $2060 to $2008.
    • I had some trades open, including an XRP trade I put on long today, which are now in the red because of this market dip – I should have just shorted instead and made money!
    • I'm really frustrated with Hyperliquid because this seems to be the second or third time the protocol has had a major issue or exploit like this.
    • It's insane that they keep repeating these problems, especially after all the hype the platform got; they really need to either fix it or just shut it down.
    • Frankly, I'm leaning towards betting against Hyperliquid and its token at this point because they just can't seem to get it right, unlike platforms like Bybit which seemed to recover after their issues.
    • This repeated failure is just messing up the market for everyone else.
  • Mantra Airdrop (OM):

    • Good news, the OM Mantra airdrop is currently live and available for claiming right now.
    • If you participated in any activities on Mantra, you should head over to the claiming page to check your eligibility.
    • You’ll need to connect a compatible wallet like Kepler or Leap to see if you can claim.
    • I didn't participate in Mantra myself, so I won't be able to claim any.
    • Definitely check it out and let me know in the comments if you were eligible and how much you got allocated!
  • Kelp DAO Airdrop (Erudio):

    • The allocation checker for the Kelp DAO airdrop (which appears to be for a token called "Erudio") is now live.
    • You can visit the official Kelp DAO page or follow the link in the description to check if you're eligible and see your potential allocation.
    • It seems there's some disappointment or frustration in the community because reports suggest many users who have been using Kelp DAO since 2023 are not eligible for this airdrop.
    • It's super important to be careful: only use the official links provided by Kelp DAO or in the video description to check your allocation; don't click on random links you might see pop up elsewhere.
    • Check your eligibility and allocation and let me know down in the comments if you qualified and how much you got!
  • Term Finance Airdrop:

    • The airdrop for Term Finance is also currently live and you should be able to claim it.
    • You can claim if you met the requirements or already have a profile with them.
    • Unfortunately, the Term Finance website where you claim seems to be having technical difficulties; it's "faulty" and not loading correctly for me, and I've seen comments from others experiencing the same issue.
    • Try accessing the site to check or claim your allocation, and please share in the comments if you were successful or if you ran into the same loading problems.
  • Particle Network Airdrop:

    • The Particle Network airdrop is also ready and available for claiming right now.
    • This was mentioned recently, but it's officially claimable.
    • Looking at the token allocation breakdown, 12% goes to the team, 25% to private sale investors, 1.5% to KOLs (influencers), 5% for liquidity, and a significant 40% is set aside for community growth and other purposes.
    • If you participated in Particle Network activities, head over and claim your share.
    • Once you've claimed, feel free to share your allocation details in the comments below!

So yeah, despite the annoying market dip thanks to Hyperliquid acting up again (seriously, I hate it when it messes things up), there are multiple airdrops to focus on right now. Go check your eligibility and claim what you can!

Transcript

we got four airdrops to go and claim as well as providing you some information on the market which you've seen is kind of going down now but we jumped right onto the laptop and if you look at the charts you see this big red candle today why is that it is because hyperliquid just why is this protocol even existing so somebody over on hyperliquid these are the information that we get now somebody shorted jelly jelly which is a token over on hyperliquid this one over here it did shorted it and by doing this as we see over here they have also pumped it elsewhere so the token itself went he bet down and then he better swap by doing this he liquidated himself okay and thus forcing hyperliquid to inherit the toxic short position now jelly jelly is pumping and the hyperliquid protocol itself are holding on with a 10 million profit and loss which you can also go and see here for example on the volts we have it right here the apr now is negative why is hyperliquid even here like it is the third time or the second time that this protocol has been exploited why is it even there can they just they are just fix it fix this damn protocol everybody was super hyped about it i'm gonna be betting against hyperliquid at this point because like also hype the token itself i'm just gonna be going against it it's the second time we have this problem it is you know collapsing everything i got i got trades open here as we see which are on the loss as of today but just close this protocol like it has so many everybody was super hyped about it i get it it went all the way up to what uh 36 dollars over here i think it's just time to go and like either you fix it or you close it you are at historic lows uh even before you launch you're gonna be there very soon why is it even there like it's the second time we got this at least by bit when they came to do the mistake that they hacked at least they seem like they recovered from it hyperliquid just keeps on repeating and repeating itself oh we get you know hacked once right bring it on hack twice why is it like what was the point of it anyway that's why everything bitcoin is collapsing ethereum is collapsing not collapsing like they did go down we did see from let's say two thousand and sixty dollars over on ethereum today to 2008 right now but we are in a in a loss also xrp for example here it is on a loss and i put it here today i did this trading to go and put it along on it but clearly it was a mistake i should have put it on short that would be up so much money but yeah i thought it would we could go a little bit long like you know it was looking good everything was looking okay maybe we hit a little bit here 100 but yeah uh wrong trade but this is all because of this just either fix it or to something because it just keeps on like this seem to be like god came from heaven onto earth with hyperliquid and then it's just all this yeah anyway talking about the air jobs well we got the om mantra airdrop you're able to go and claim it right now which we do have it over here and if you you know participate in i didn't participate in mantra at all you can either connect your mantra wallet which could be the kepler or the lip one for example let's go and check out with the kepler wallet over here and this is the wallet simply click on approve you're able to go and claim it check if you're claiming it or if you can claim it and let me know down below your allocation for it but it is available to go and claim right now so next up we also have the kelp dao erudio checker is now like as you see here we have the possibility to go and uh to go and check the erudio allocation the erudio checker check the post and your allocation just let me know also down below we see here the community uh it's not really super happy with it uh people have been using from 2023 they're not eligible for it so it does look a little bit like this a little bit like that uh but you know it could be here we got it for example from crypto televulu and this is as we said the kelp dao erudio checker this is their official page as we see here this is one erudio checker is now like they also tweeted over from kelp itself so let me know if you have the allocation below here as we see check your allocation kelp dao let me know down below if you are eligible for it or not which hey by the way do not uh listen do not you know these pages some of them like for example here we see that is official but do not click on anything that you see here but they are answering the comments so let me know your location down below next up we also have the term lapse airdrop tg is now live you can claim it if you are required for a login or if you do not have the profile let me know in the comments down below your allocation for it it is a little bit faulty the website it doesn't load properly maybe i'm the only one but let me know also if you have the same problem as we see here the website doesn't really load for now and i do see in the comments that other people are uh still having issues or are having issue or did have issues so yeah let me know your location down below if you did grab it or you know if you are able even to go and check your location because me myself and other people are not able to as well as particle network we've seen it yesterday but you can go and claim it it is ready to go and claim this is the allocation percentage we got 12 to the team 25 to the private seal 1.5 to kol round 5 liquidity 40 community growth and others so let me know your allocation down below but with that said guys i hope i'll see you tomorrow don't get shaken out by the market it is going down hyper liquid is always here to mess up the game hate it but let me know your location and all of the air drops down below and i'll see you tomorrow

Video Stats

Views184
Likes13
Comments17
Duration6:08