I just returned from seven weeks in India and Thailand with the family.
It was a little break after a long cycle in crypto.
And honestly, the timing was perfect because the market was not great during these weeks.
A funny note here.
We actually started AirdropAlert while digital nomadding in Thailand.
So our X profile still shows Thailand now that Elon decided to doxx everyone’s location.
Great memories and it felt good to be back there farming some airdrops like the early days.
But crypto never sleeps.
So we are back at the office and ready to give you the most important updates, including the Monad launchh and new claim opportunities.
Monad Blockchain Goes Live With 100B Supply and Airdrop
The biggest story this week is the Monad launchh.
The new layer-1 blockchain went live with the MON token airdrop.
The total supply is 100 billion MON, and 10.8 percent is currently unlocked.
Here is how that unlocked supply is divided.
Seven point five percent was sold in the public sale on Coinbase Token Platform at two and a half cents.
The other three point three percent is part of the airdrop.
The Monad team says it is a high performance network.
It targets DeFi, payments, stablecoins, and institutional finance.
The chain is also EVM compatible.
So it aims to scale Ethereum’s virtual machine into a new phase of adoption.
The remaining supply allocations are as follows.
Twenty seven percent for the team.
Nineteen point seven percent for investors.
Four percent for Treasury.
And thirty eight point five percent for ecosystem development.
Some people online complained that the team allocation is high.
Others are excited about the roadmap.
Either way, the Monad launchh is a major event and airdrop farmers finally get something to chew on again.
If you want to sell your Monad airdrop or trade it, you can do so on Bybit.
Spot and perps are both available.
Airdrop Claims and Updates
It has been a while since the last update because of the travels.
So here is a longer claim list to catch up.
Rayls airdrop registration and eligibility checker is now live
Irys airdrop registration live for Genesis NFT holders, community users, testnet users, and top Kaito leaderboard farmers
deBridge Season 2 DBR claim live
Hybra Finance claim live
HyperBeat holders with Hearts or Hypurr NFTs must sign terms before December 5
Play Solana PLAY token checker now live
Beamable Network claim live
Many more are coming.
So keep an eye on the site because we continued posting new airdrops daily even while on the road.
Make sure to check out our strategy for farming bonuses.
DappRadar Shuts Down After Seven Years
This one feels a bit sad.
DappRadar announced that it is shutting down after seven years due to financial unsustainability.
The RADAR token dropped around thirty percent after the announcement.
The platform tracked dapps across many blockchains and served around half a million users monthly.
It raised over seven million dollars in funding and was based in Lithuania.
The treasury still holds over 1.6 million dollars, mostly in RADAR tokens.
Stablecoin reserves suggest only about three months of runway.
We used DappRadar in the old days.
I met the founders once or twice at events.
We wish them all the best in whatever comes next.
Cardano Blockchain Experiences Split Due to Error
Cardano ran into a serious issue on November 21.
A malformed transaction caused a split in the blockchain history.
The chain diverged into a healthy side and a poisoned side.
Reports say the problem came from a deserialization hash bug that dates back to 2022.
A staking pool operator named Homer J claimed responsibility.
He said he was experimenting and did not intend harm.
Charles Hoskinson disagreed.
He called it a premeditated attack and said the FBI contacted him.
Despite the drama, ADA price barely reacted.
Many joked that no one noticed because no one uses the Cardano network.
Crypto Funds See $1.9 Billion Outflow Last Week
Digital asset funds saw 1.9 billion dollars in outflows last week.
The past four weeks total 4.9 billion dollars in exits.
Uncertainty in monetary policy and whale selling are weighing on sentiment.
Bitcoin and Ethereum products recorded most of the withdrawals.
Some smaller asset funds saw inflows instead.
ETF enthusiasm is clearly fading in the current volatility.
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Final Words
Time to get back into rhythm again.
I made a nice spot buy on BTC last weekend, which I mentioned.
It played out well and the stop loss is now at break even to manage risk.
I need to reclaim my megaETH deposit and claim the airdrops like Hybra.
Give me a few more days and everything will return to the regular schedule.
I am proud to say that even with all the travels, parties, buses, and sightseeing, we still managed to keep you updated with fresh new airdrops every day.
If you enjoyed this blog, you may want to check our other crypto news updates.
As always, don’t forget to claim your bonus below on Blofin. See you next time!
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