1ATH.Studio Altcoin Weekly

The Altcoin Rollercoaster: Thrills, Spills, and Dollar Bills

1ATH.Studio
5 min readFeb 18, 2024

Hold onto your hats and maybe your lunch, as the altcoin amusement park delivers more ups and downs than a soap opera love triangle!

Presidential Laser Eyes Light Up Crypto Town

Who knew the Oval Office had a direct line to the crypto cosmos? In a twist that’s got the internet buzzing faster than a blockchain transaction, President Joe Biden has gone full Bitcoin Maximalist on us — well, at least his peepers have! That’s right, folks, POTUS just dropped a photo sporting those fiery laser eyes, and the crypto community is losing its collective mind.

Is it a secret signal? A nod to the Bitcoin believers? Or maybe Joe just wanted to see what all the fuss was about and accidentally hit the ‘upload’ button. Whatever the reason, one thing’s for sure: the White House just got a whole lot cooler in the eyes of the crypto crowd.

ETH Gate: The Saga Continues with Nerayoff’s Nifty Nuggets

Steven Nerayoff, a name that rings bells in Ethereum lore, has thrown what might just be the juiciest curveball of the season. Our man Stevie claims that SEC Chair Gary “The Regulator’’ Gensler might just have his fingers in the Ethereum pie — and not just for a taste test, if you catch my drift. Amid all the bated breath for an Ethereum ETF, Nerayoff’s spicy tweetstorm on X (formerly known as Twitter, for those of you living under a blockchain) has resurrected the ghost of “ETH Gate,” stirring up a crypto concoction of speculation, intrigue, and a dash of conspiracy.

Starknet’s STRK Airdrop Alert

Strap in, Starknet stans! The Starknet Foundation is about to make it rain STRK tokens like it’s going out of style. Mark your calendars for February 20th, because that’s when the token tornado touches down, and you don’t want to be caught without your brolly. With a whopping 1.3 million wallets in the mix, it’s like Oprah’s favorite things but for crypto — “You get a token! And you get a token! Everybody gets a token!”

A grand total of 728 million STRK tokens are up for grabs, and if you’re one of the chosen ones, you’ve got until June 20th to claim your digital treasure. So, check those wallets and get ready to join the token party — it’s going to be Stark-raving mad!

SOL Surpasses BNB in Crypto’s Game of Thrones

When the crypto world was dozing, Solana pulled a sneaky on us! In a plot twist worthy of a late-night thriller, SOL token decided it was tired of playing third fiddle and catapulted itself past Binance’s BNB, snagging the coveted fourth-largest spot by market cap.

With a whopping 7.56% surge that had traders spilling their midnight snacks, SOL’s price tag hit a dazzling $112.52. This leapfrogging action boosted its market cap to a jaw-dropping $49.36 billion, leaving BNB’s $48.5 billion eating its digital dust — if only for a fleeting moment.

Pudgy Penguins Waddle Past Bored Apes

In the latest episode of “As the NFT World Turns,” the Pudgy Penguins have pulled off a waddling wonder, briefly flapping their flippers past the swanky Bored Ape Yacht Club in the floor price race! As the clock struck 11:00 AM UTC this Saturday, the crypto zoo went wild as a single Pudgy Penguin NFT was spotted sporting a cool price tag of 22.2 ETH ($61,780), just pecking ahead of the Bored Apes lounging at 22.1 ETH ($61,500). It’s flippers over fists in the NFT arena, folks, and this chilly showdown has the whole iceberg talking.

Meme of the Week: Some Altcoin Greens is all the world needs!

Top Altcoin Gainers and Losers

Altcoin of the Week

Heroes of Mavia: A New Gem in the Web3 Gaming World

In the ever-evolving landscape of Web3 gaming, “Heroes of Mavia” emerges as a standout MMO strategy game that’s capturing the attention of players worldwide. Developed by Skrice Studios, this mobile game is set on the fantasy-themed island of Mavia, where players engage in building, battling, and strategizing to climb the ranks.

The World of Mavia

Mavia isn’t just another battlefield; it’s a land where creativity meets strategy. Players claim plots, erect formidable bases, and lead their armies to glory against neighboring territories. The prize? The coveted in-game resource, Ruby. This isn’t just any digital asset; it’s the key to crafting and trading Legendary Items — NFTs that range from unique skins and statues to invaluable consumables.

MAVIA Token: The Heart of Mavia’s Economy

At the core of Mavia’s vibrant economy is the MAVIA token. This digital asset is more than just in-game currency; it’s a tradable asset on centralized crypto exchanges. Bybit leads the pack as the most popular exchange for MAVIA, boasting an impressive trading volume, particularly in the MAVIA/USDT pair.

Market Dynamics

The MAVIA token is not just active; it’s thriving. With a 24-hour trading volume soaring to $104,516,311, the market is buzzing. This 64.30% uptick signals a growing interest and an active trading community. The token has hit an all-time high of $10.12, barely nudging its current price and showcasing its robust value.

Investment Snapshot

With a market cap of $300,224,812, MAVIA stands proud at #209 on CoinGecko. The circulating supply of 30 million tokens hints at a tight market, poised for potential growth. The fully diluted valuation paints a broader picture of the future, pegging MAVIA’s potential market cap at a staggering $2,501,873,431, given its total supply of 250 million tokens.

Final Thoughts

“Heroes of Mavia” isn’t just a game; it’s a burgeoning ecosystem that blends gaming with crypto economics. As the MAVIA token navigates the waves of the crypto market, its journey reflects the game’s adventurous spirit. For players and investors alike, Mavia offers a realm of possibilities, where strategy, valor, and economics converge to create a truly immersive experience.

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