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Discussion on upcoming airdrops and lesser-known chains in Cosmos ecosystem. 00:01The following is an AI generated summary from ICI:
- Franklin Templeton preparing for an Ethereum spot ETF launch, decision by SEC expected in late May
- THM ETF to start trading in Hong Kong, along with Bitcoin ETF, on April 30
- Altcoins have the potential for rapid and significant investment gains compared to Bitcoin
- Exploring specific niches, ecosystems, and participating in airdrops can help identify promising altcoins
- Top gainers in the Cosmos ecosystem include Mars, Saga and Sei, with Cronos leading in market cap at $130 million.
- Forbes India article highlighted the concept of ‘zombie chains’ with multi-billion dollar valuations but low user activity.
- ATOM is not listed in Forbes India’s list of top coins, but other prominent coins like XRP, Cardano, Bitcoin Cash, Litecoin, ICP, Ethereum Classic are listed.
- Cosmos needs to focus on user onboarding, developer engagement, and marketing strategies to regain relevance and climb up in rankings.
- Hall will be the native coin for the Hall chain, serving as the lynchpin of Hall swap
- Provenance is tokenizing financial products with $10.4 billion in TVL and significant transaction volume
- Providence coin has a total supply of 100 billion and is currently priced at 2 cents, implying a $2.2 billion valuation.
- The chain has a TVL of 10 billion, but lacks liquidity on DEXAs and has low bondet rate.
- Coinbureau gaining 400 new subscribers due to feature
- List of current and upcoming Cosmos airdrops shared for viewers to claim
- The claim process involves app use, zone drop/claim to check eligibility, and approval of a transaction for the first batch.
- Subsequent steps include staking STRD and liquid staking ATOM on STRIDE for airdrop claim.