The Compass Airdrop Guide - we heard you wanted more airdrops?
We teased it last month and just got it done: Get your hands on our Notion Airdrop Guide now with 1 month of free access =)
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Market Review
Another week where we essentially stayed flat with Bitcoin holding the range between 26k and 31k that we are trading in already for a month. Bitcoin is currently trading at 27,386$ and Ethereum is at 1,824$.
It is worth reading into the drama around Ledger this week - the French Hardware Wallet company that was known as being the best option to secure your coins conveniently. But it looks like they just messed up. Ledger being able to retrieve everyone’s seed for recovery purposes opens the door for bad actors and those with a high net worth in crypto might think twice about trusting Ledger. We will keep you updated on this and might rethink our recommendation of the Ledger Nano S Plus - will keep you posted…
From a trading perspective, the Ledger news had no impact (other than you might need to change your wallets now). In the short-term, we continue to expect Bitcoin to revisit the previous resistance around 25.5k and ideally bounce from there. Bulls would need a reclaim of 30k as soon as possible and we could see us moving towards 33.5k rather quickly, this might especially be likely when the traditional financial markets are continuing their current rally.
Looking further ahead, we just want to remind you that it is very likely that you will get better entries than now at some point this year. We do expect a rally towards the halving at some point so the best you can do is to just dollar-cost average into the markets and sell in 2025.
What else happened this week:
Looks like Ledger messed up. Our hardware wallet provider of choice seems to have added a function that can put your seed at risk 👀
Do Kwon managed to get out on bail - $436,000 seem kinda low after what he pulled with Luna
The Compass Airdrop Guide
It’s always tricky when you promise something one month in advance and then realize two weeks in that it still takes tremendous effort to get it done in time - but we made it and proudly present the Compass Airdrop Guide in Notion.
It is not just your average 1/35 tweet thread on Twitter, but it gives you all the links, specific actions, and of course the most relevant projects to make serious airdrop gains this year.
Projects
We could have just listed every project that is listed on Defillama, but we wanted to focus on just the most promising. There are a few obvious ones, like ZkSync and Starknet but also Scroll, Mantle, and many more.
Actions
It’s easy to get lazy with Airdrops and forget to deal with it just to realize after the next huge airdrop that you missed out on a shitton of tokens. To prevent that, we listed an easy-to-follow list of actions you can follow on each wallet. Just set your reminder to once a week / month (or any timeframe of your liking) and go once over all those actions in the guide. The more actions and the more frequent you interact with the protocols the better.
Updates
The crypto landscape is constantly evolving and so will this Guide. We will aim to update it at least once a month or when new big Airdrops are getting announced or we see new promising projects on the horizon. We will let you know via this newsletter whenever an update gets pushed!
Action for this week
In this section, we will summarise the main actionable items from each newsletter and other posts that are worth reading
Read through the Notion page and bookmark it!
Start with your first set of actions and put in a reminder in your calendar for the next session in a week or month from now
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