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🔥 Monad OG Testnet - Soneium Update - and More Airdrop News 🔥

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Crypto Currency State

4 months ago

Score: 475

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Executive Summary

Okay, here's a breakdown of that video, focusing on the key crypto airdrop opportunities and market insights discussed.

This video dives into recent developments in the airdrop space, covering updates on specific projects like Monad and Soneium, along with a look at the current challenging market conditions and a strategy for farming perpetual DEXs safely. It highlights the importance of staying active and connected during slow periods, suggesting that now is actually a prime time for farming future airdrops with less competition.

Here are the key points covered:

  • Lita NFT Airdrop Success: There was an NFT airdrop from Lita for those who held "milk cartons" from the Milky Way Cosmos liquid staking. You could mint this NFT for just 1 TIA. It's currently selling for around 40 TIA on Highlight. While not a "mammoth" return, getting roughly a 40x gain is seen as "amazing," especially in the current "mini bear market situation." It's a good example of how multi-wallet strategies can significantly increase returns.
  • Monad OG Testnet Urgency: The Monad OG Testnet seems to be moving fast, and it might be too late if you haven't participated yet. The key action is to get "any organic transaction" done on the testnet using their faucet and available testnet dApps. The goal is to get the "early user badge," which is expected to be crucial for a future airdrop.
  • Monad Airdrop Potential: The Monad airdrop is potentially going to be the "biggest airdrop for 2025." It might also be the "most farmed," meaning lots of people are trying to qualify. However, Monad has a history of running successful airdrops in the past, which suggests they might continue that trend.
  • Importance of Real-Time Information (Monad): With fast-moving opportunities like Monad's testnet phase, waiting for YouTube videos means you're likely already "one to two days late." It's "incredibly important" to be talking with other people in real-time (like in communities or Discords) where this kind of news breaks instantly.
  • Sonium Early User Batch Deadline: For Sonium, there's a deadline of February 27th to get your "early user batch." You need to complete 45 transactions to qualify for this badge. It's mentioned that there are "many different ways" (previously discussed) to achieve these transactions "simply and efficiently."
  • Sonium Opportunity (Despite FUD): Sonium is described as an "incredibly cheap scalable blockchain." However, there's been "a lot of FUD" (Fear, Uncertainty, Doubt) regarding Sonium due to "a lot of problems in day one and day two." Despite these initial issues, the presenter feels this might make Sonium an "under-farmed opportunity" that could potentially offer "multiples" in returns.
  • Difficult Market Conditions: The current crypto market feels "super bad" and "nobody's doing anything." Airdrops and crypto, in general, "feel dead" to many. There's speculation (described as "crazy accusations") that centralized exchanges might be manipulating markets, potentially related to trying to bail out Bybit after a hack to prevent an FTX-like collapse (though this is presented as unconfirmed speculation). The market is down, with Bitcoin feeling low, ETH approaching 2k, and SOL around 150.
  • Why Now is the Best Time to Farm: The key insight is that when times are "super bad" and "nobody's really paying attention to crypto," your time spent farming airdrops is "worth the most." There are "so much fewer people who are actually competing against you." If you can find the motivation to "get some work done" now (like farming Monad, Sonium, or Hyperliquid), it will be "worth so so much more" in the future compared to farming when everyone is excited and productive during a bull run.
  • Community and Motivation: Beyond just strategy, the journey of farming is "much much easier traveled together" with others. Talking with people who are "in the trenches grinding" with you is "sometimes even more important than actual activity strategy and results." Being part of a community helps maintain motivation during tough times.
  • Delta Neutral Strategy for Perpetual DEX Farming: This is highlighted as a "super incredibly beneficial" strategy, particularly for farming airdrops from perpetual DEXes (decentralized exchanges for trading perpetual futures).
    • Why it's needed: Perpetual DEXes often reward users based on trading volume for airdrops. Getting high volume typically requires high leverage, which is "super scary super risky" and can easily lead to liquidation (losing your funds).
    • How it works: You open a "long" position on a specific trading pair (like ETH/USDT) on one perpetual DEX and simultaneously open a "short" position on the same pair at the "same exact moment at the same price" on a different perpetual DEX.
    • The benefit: Because you are long on one platform and short on another for the same asset, the price movement is canceled out ("delta neutral"). You effectively build trading volume on both platforms without being exposed to the price volatility of the underlying asset. You primarily "only going to be paying for platform fees." This lets you build "huge amount of volume" in a "relatively safe manner."
    • Avoids Wash Trading: This strategy involves keeping trades open for extended periods (even "days"). This is seen as more "organic volume" by DEXes compared to "wash trading" where people open and close trades within seconds or minutes just to pump volume. Perpetual DEXes often "punish wash traders" or "completely nullify the volume" for trades open for less than a few minutes.
    • Risk Mitigation: While delta neutral reduces price risk, liquidation is still possible if not managed well. It's crucial to "use stop losses" (e.g., setting a stop loss at 3% loss). It's noted that this strategy is easier in trending markets and harder in choppy ones where stop losses might get hit on both sides.
    • Overall Opinion on Perpetual DEX Airdrops: Despite acknowledging that some perpetual DEX airdrops were "total garbage," the presenter still believes they are "one of the best air drop opportunities still to this date" because they are harder to Sybil attack (meaning it's tougher for one person to fake being many users) and some (like Zeta, Drift, and Hyperliquid) have proven to give "amazing return."
  • Under-the-Radar Opportunity: Magic Newton: This project was mentioned previously and is highlighted again. There's an NFT available to mint for just 2 Polygon (MATIC). To get it, you need to connect via Guild xyz and complete "simple social tasks." Magic Newton has significant funding ($85M), which suggests it "might be half decent" as a potential airdrop opportunity.
  • Under-the-Radar Opportunity: Kaito: Kaito is also mentioned as having ongoing opportunities. They have "Kaito Connect votes" happening "every week" where you can use points collected ("yaps") or the support of "smart followers." Additionally, "Kaito staking" is an option if you have KAITO tokens (either from a previous airdrop or bought), and voting using staked KAITO is currently active and lasts for a few more days.
  • Time Leverage Takeaway: A final thought emphasizes that just like financial leverage, "time has leverage as well." Your time spent working on crypto opportunities "is worth so much more when you're doing when everyone else is sleeping" or feels demotivated.

Transcript

another 40x nft airdrop super time-sensitive monad and sonium news as well as general state of the market and what I'm currently mostly focused on let's get started immediately starting with news from Lita of course this was the nft mint for everyone who had those milk cartons from the Milky Way Cosmos liquid staking so if you've got this one of course it was only mint price for one tia currently selling for about 40 tia on highlight so this is not of course mammoth-esque returns but it's still amazing to get even in this mini bear market situation to still get these kinds of returns is definitely positive of course if you've been doing this on multiple wallets it is much much better than just $100 to $100 but of course this is how everyone makes their own strategy of multi-walleting effectively in Monad by the time you're watching this it might already be too late but in case you still haven't done any transactions on Monad testnet it is highly highly recommended to get some transactions in any organic transaction using their faucet and some testnet dApps in order to get the early user badge it is maybe going to be the biggest error for 2025 maybe also the most farmed one but in this case they have really done amazing job with air jobs in the past so maybe they continue trend of course if you want to be up to date with most of these things it is incredibly important to be not just waiting for YouTube videos but actually talking with people in real time when these things happen because most of this information is usually one to two days late on YouTube obviously so you want to be up to speed in real time with people who are talking about these things all the time another opportunity of course is with Sonium you had 45 days to get your early user batch and it ends on February 27th so if you still have time to do this make sure to do all the transactions you need to do 45 transactions and there are many different ways that we already talked about how to get these transactions simply and efficiently Sonium is of course incredibly cheap scalable blockchain even though there's a lot of FUD regarding Sony itself because there was a lot of problems in day one and day two maybe this is one of those under farmed opportunities that really do multiples now generally speaking it is very difficult to stay motivated in times when centralized exchanges are maybe manipulating the markets these are some crazy accusations but apparently because of the Bybit hack there was some kind of situation where other centralized exchanges were trying to bail them out not to have an FTX kind of situation whether it's true or not we don't know all we know is that all of crypto is currently down really really bad Bitcoin is under 90k it is approaching 2k so I'm 150 it's absolutely crazy but you know this there is one cryptocurrency which for the last six years I literally call make-believe click coin but this thing is just this spy thing I have no words I I don't know why this is rising in price it doesn't make any sense but for those of you who have actually been like clicking for the last couple of years congratulations this is really a surprise like none other in all fairness and I don't know who needs to hear this but in general when times are super bad and nobody's doing anything like when airdrops feel dead when crypto feels that this is when your time is worth the most if you can focus yourself up to actually get some work done in this space to get some airdrops sorted to farm some monodactivity some sodium maybe some hyperliquid or whatever airdrops you're farming usually if you can get yourself to get busy now it's going to be worth so much more because you're gonna have so much fewer people who are actually competing against you because we know all the metrics that nobody's really paying attention to crypto for the last couple of weeks everything is in shambles but if you can actually get you some kind of strength to actually get the work in now it's gonna be worth so so much more because it's super easy to be super productive after like stuff like our bedroom hyperliquid happens but when nobody's making fun in crypto let's be real now is the most best time to actually get the work for the future so there's that and on that note we oftentimes talk about strategies and all different kinds of methods to get sorted in crypto for life but in reality we're all humans and this journey is much much easier traveled together than if you're just doing these things on your own so from that perspective also just talking with people who are actually still with you in the trenches grinding and getting work in that is actually sometimes even more important than actual activity strategy and results that you get from actually doing the work so keep that in mind it's not all just strategy it's also something about the community as well if you want to be part of our community this is the all you need to know is on our official website which is always in the first link of every video it will take you there it will show you if you need monthly yearly plans or an air to track implications that will help you keep organized of course strategy is also very important so we will break down super quickly one that has been incredibly beneficial for me in the last couple of months and maybe over a year now so it's called delta neutral and this is the best possibility that you can do for farming perpetual dexes because of course the trading is super hard and it's incredibly easy to get liquidated if you're trying to build a huge volume which is most important thing for airdrops because when you're farming these things exchanges just want volume and you can only get huge amount of volume by using huge leverage so it is of course super scary super risky to do these things because it's incredibly easy to lose money but you can use something that's called delta neutral which means opening a long on one platform so let's say you open long on eith on rea at the same time on 200 2441 you open long here and you open short on same pair at the same exact moment at the same price you can keep the trade open for as long as you want and as long as you close it at the same time and you open of course open and close at the same time you're only going to be paying for platform fees this is something that has helped me so much not to get liquidated ever since the summer of 2024 so keep that in mind i still believe that perpetual dexes are one of the best air drop opportunities still to this date because they cannot be civil and they have proven to be okay let's be real 10 of them were total garbage there were a couple half decent ones like zeta drift and couple those hyper liquid of course but if you're gonna go through the hard work of actually getting these things done you need to know the best way to do it and maybe make an amazing return with all this and another great thing about this is that you should never ever get branded as a wash trader because sometimes people when they're farming volume they open a trade and then close it in a couple seconds and this is not very organic volume this is just you know airdrop farming and perpetual dexes don't usually like that so they usually punish wash traders and that means that sometimes they actually give some kind of penalties or completely nullify the volume if you have trade open for less than five minutes one minute two minutes five minutes doesn't matter but in this scenario you can keep it open for days it doesn't matter as long as you don't get liquidated once make sure you guys use stop losses my strategy is best usually three percent in minus six percent in plus and then depending how often it gets hit of course you want to use it when it's constant downtrend or constant uptrend if it's just choppy you're gonna get lost in both three percent but you know it's sometimes a price to pay to actually build volume in a relatively safe manner and let's wrap up with some under the radar opportunities starting with magic newton this is the one we mentioned couple weeks ago and they actually have an nft that you can mint and it only costs two polygon you only all you need to do is connect to direct guild xyz get some simple social tasks in order and get your nft sorted they have a huge amount of funding they have about 85 million in funding so it actually might be half decent and finally we have kaito kaito of course has the kaito connect votes every week if you have some smart followers or if you have collected some yaps over this couple weeks and months make sure to put them to work as well as kaito staking if you actually have some kaito from airdrop or maybe you bought an open market and you're staking them your voting is also starting just now and it's going to last for a couple more days as well and that is a wrap for all the topics for today remember that it's not just crypto that has leverage time has leverage as well your time is worth so much more when you're doing when everyone else is sleeping if you have any questions comments drop in the comment section below if you like the content make sure to like and subscribe with notifications on until next time thanks for watching have an amazing day

Video Stats

Views1,629
Likes78
Comments13
Duration8:38