# What Crypto Built This Winter

*Author: Bankless*
*Published: Feb 7, 2024*
*Source: https://www.bankless.com/es/what-crypto-built-this-winter*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/Frame-50474--8--3.png)](https://www.bankless.com/sponsor/kraken-1682978636?ref=bear-markets-are-for-builders&email=true)

  

     What Crypto Built This Winter
  
  

  
  Published on Feb 7, 2024

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
   Wormhole Airdrop
  
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/Group-14--29-.png)](https://www.bankless.com/dashboard)- 🪱 **Wormhole announces airdrop.** Cross-chain protocol Wormhole shared the [impending airdrop of its W token](https://x.com/wormholecrypto/status/1755264484971876827?s=20). The startup behind the protocol raised funding from VCs last November at a $2.5B valuation. 
- 🌴 **Dencun moves one step closer to rollout. **Ethereum's next big upgrade has [deployed on the Holesky test network](https://www.theblock.co/post/276421/ethereum-dencun-upgrade-holesky-testnet), its last major test rollout before mainnet Ethereum deployment next month.
- **🛒 MicroStrategy's BTC buying spree. **Michael Saylor's MSTR [bought nearly 32,000 BTC last quarter](https://www.microstrategy.com/press/microstrategy-announces-fourth-quarter-2023-financial-results-now-holds-190000-btc_02-06-2024), and now holds 190K BTC.

.  .  .

 
  
    
      
      TODAY IN MARKETS
    
    
  
  
    
    Dymension's Chaotic Airdrop
  
  

  

 
 

📊** DYM Outlook?** Modular settlement layer Dymension went to mainnet yesterday, distributing 70M DYM tokens worth $420M to bluechip NFT holders and participants in the Celestia, Ethereum, Solana, and Cosmos ecosystems in the process! *What should you do with your free DYM?*

[Get Today's Full Market Analysis](https://www.bankless.com/dymension-dym-airdrop-chaos)

Prices as of 5pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $1.69T
       

  
    
    ↗ 2.0%
    
  

   
    
    ↗ 4.3%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $44,189
       

  
    
    ↗ 2.3%
    
  

   
    
    ↗ 4.1%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $2,429.64
       

  
    
    ↗ 2.0%
    
  

   
    
    ↗ 6.7%
    
  

  

.  .  .

 
  
    

    ANALYSIS

  
  
    
   
  What Crypto Built In This Bear
  
  
  
  
   
     
     Bankless Contributor: 
     
      [
       
       Arjun Chand](https://twitter.com/arjunnchand)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/image---2024-02-07T163331.914.png)](https://www.bankless.com/bear-markets-are-for-builders)It was a tough bear market. We don't need to tell you, you were here alongside us!

But crypto built its way through the tough times, and created infrastructure that's going to power us through the next bull market. Today, we break down the **most impactful advances** that builders pushed forward in this crypto winter.

**Dig in for the full *free* analysis **👇

[Read the Full Breakdown](https://www.bankless.com/bear-markets-are-for-builders)

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