All-Time Highs Incoming?
Published on Feb 27, 2024
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Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.

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NEED TO KNOW
BTC Buying Spree
  1. 💰 Record day for ETFs. Yesterday, BTC ETFs broke all-time volumes, hitting $2.4B in one-day flows. You can expect big volumes today, too.
  2. 🪴 Magic Eden launches on Ethereum. The OpenSea competitor has Yuga in its corner and momentum on its side; can it become the creator NFT marketplace of choice?
  3. 🐶 Meme coins pop off. Amid a broader market surge, memecoins are showing particular strength with PEPE, BONK and WIF posting big 24hr gains.
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TODAY IN MARKETS
All-Time Highs Within Reach

📊 Defying expectations. Bitcoin sits within a sneeze of all-time highs after printing another massive series of green candles on the open of US stock markets this morning! Can this rally continue to run?

Prices as of 3pm ET 24hr 7d
Crypto $2.16T ↗ 3.6% ↗ 9.1%
BTC $57,134 ↗ 4.8% ↗ 9.9%
ETH $3,246 ↗ 1.8% ↗ 9.0%
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ANALYSIS
Lens vs. Farcaster
Bankless Author: William M. Peaster

Lens just opened up signups for its social networking protocol.

Farcaster has definitely dominated headlines over the past month thanks to developer excitement around its Frame feature, but Lens is ready to take back some focus as it goes permissionless. Which platform should you take a bet on?

In today's article, we dive into how each protocol works, the features they offer, and their visions for the future.

Dig into the full analysis 👇


FRIEND & SPONSOR: MANTLE

Mass adoption of token-governed technologies. With Ethereum Layer 2 solution leveraging EigenDA.View Profile" class="stubHighlight">Mantle Network – an Ethereum rollup, Mantle Treasury, and a token holder governed roadmap for products and initiatives.

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LATEST POD
The Second Bitcoin Civil War

Bitcoin is facing a crisis over its future.

Nic Carter rejoins the podcast to discuss Bitcoin’s second civil war. What's at stake? When did it begin? Where are the party lines drawn? How will it end?

David and Nic dig into all of these questions in the dramatic episode.

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TAKE ACTION
What We're Doing

Each week, Citizens get a curated list of market opportunities that the Bankless team is watching. As a free subscriber, you're missing out! 👇

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GO BANKLESS
Earn Airdrops!

Many Bankless Citizens who completed the Jito quests in our Airdrop Hunter app just earned five-figure airdrop paydays!

It's airdrop season, and plenty of other protocols are preparing to reward early users. Get on their lists. Start hunting!

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