The Commencement Of Chapter 2

Well, it’s beginning to look like the bottom is in. In an article published on the 14th of September, I suggested that the bottom was likely in for HIVE and altcoins in general. The FED’s rate cut provided the rocket fuel required to push BTC over $64K and open the gate for altcoins. BTC continued to consolidate over the weekend and now we wait in anticipation for what the week has in store for the Crypto market.

We are in the formative stages of Chapter 2, regarding the current bull market. Many months ago, I signaled the commencement of Chapter 1, which primarily focuses on Bitcoin. Altcoins will garner significant attention in Chapter 2. However, true altcoin euphoria is reserved for the third and final chapter of the bull market. One way to profit in a bull market is with airdrops. Once again, airdrops will become more prevalent as altcoins begin to rally.

There are two airdrops about to be released and are in their final weeks of qualifying. For the most part, earning airdrop points is free and it’s a great way to gain free tokens. The first project is built on Avalanche and the second is Solana. There is still some time for late or lazy hunters to earn points and quality for the upcoming airdrops. So, let’s get started!

The Arena

The Arena has garnered much attention on X as the SocialFi dApp prepares to launch and airdrop its ARENA token. Things have been hotting up on the SocialFi platform with many dormant accounts being reborn in anticipation of what is to come. Many believe the ARENA token will trigger AVAX to re-enter bull market mode and begin setting its sights on previous all-time high levels.

Being active and engaging on Arena will automatically qualify users for airdrop points. Each airdrop point earned will receive an allocation of 69 ARENA. Many expect ARENA to commence trading between $0.008 and $0.02. The nice thing about Arena is someone usually buys your ticket as you enter the platform. Existing users love to speculate on new tickets.

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Another benefit is you earn commissions in AVAX whenever someone buys or sells your ticket. Many users have surpassed 100 AVAX in commissions. Ticket prices increase with every buy and decrease with every sale. You can also build your ticket portfolio of influencer tickets you believe hold value and further upside potential. The UI is a replica of X making it relatively easy to navigate.

Grass

The DePin AI-based project, Grass will soon be airdropping their GRASS token. We are in the final “Bonus Epoch” that runs until the end of the month. To earn Grass points, users download the browser extension which runs in the background. It’s a similar concept to UpRock which launched on Solana earlier this year. There is the initial mining stage for airdrop points and future mining for ongoing and recurring earnings.

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I have a current airdrop allocation of 139 GRASS tokens, excluding the final epoch. GRASS tokens are currently trading at approximately $0.95 on Whales Market. This is the final opportunity to earn airdrop points and receive a GRASS airdrop. However, as with UpRock, future earnings are available by simply running the DePIN software. Both of these opportunities are relatively uncomplicated, encouraging participation.

Final Thoughts

DePIN is a sector also primed for explosive growth this decade. If you are a little late for Grass, you still have a week left to mine points. Existing Grass users can check their airdrop allocation with the official link. Remember to DYOR, even if you are not parting with any capital to partake. All the best, see you next time!

Disclaimer

First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.

This article was first published on Sapphire Crypto.