1ATH.Studio Altcoin Weekly

Navigating the Dip: Altcoins in Focus

4 min readFeb 4, 2024

Explore the strategies and movements of altcoins during this week’s market downturn.

Solana’s $JUP Airdrop Shakes Crypto Space

In an epic move that had everyone on the edge of their seats, Solana’s latest airdrop, $JUP, took the crypto world by storm! Dropping some serious digital goodness, this event became the talk of Crypto town in no time. With the community buzzing and highlights flying left and right, it was a whirlwind three hours of crypto madness that definitely didn’t disappoint.

Vitalik Buterin Crashes Binance Party

So, on a totally ordinary Monday, January 29, 2024, to be precise, the crypto world got a little shake-up. Guess who decided to pop by Binance, the big kahuna of Crypto Planet? None other than Ethereum’s head honcho, Vitalik Buterin himself. Picture it: keyboards paused mid-click, coffees nearly spilt — it was quite the scene.

Sui Scores a Ronaldo: Rocketing into DeFi’s Top 10 with a SUIII Celebration

Imagine Sui, the new kid on the blockchain block, pulling a Cristiano Ronaldo on the DeFi field! Just picture it: Sui laces up, dashes onto the field, less than a year in the game, and BAM! — rockets straight into the top 10 DeFi league, leaving the crowd gasping. We’re talking a jaw-dropping 1,000% surge in its total value locked (TVL) in just four short months, folks. It’s like watching Ronaldo charge through, sidestepping heavyweights like Bitcoin and Cardano, and delivering that signature Suiii Goal celebration. Talk about a meteoric rise!

Chris Larsen’s Epic ‘Oopsie’: Ripple Co-Founder’s Wallet Takes a $112.5M Detour

So, Chris Larsen, the big boss at Ripple, had a bit of an “oopsie” moment on Jan. 31. Plot twist: it wasn’t Ripple’s piggy bank that got raided, but Larsen’s own stash! Crypto sleuth ZachXBT was on the case, uncovering that a whopping 213 million XRP (that’s a cool $112.5 million, folks) decided to take a little unauthorized vacation from Larsen’s accounts. Talk about a pricey getaway!

For the first time ever, someone was grateful they got hacked
For the first time ever, Someone was grateful they got hacked!

FTX’s Grand Reopening Goes Bust: From Crypto Kingdom to Garage Sale Saga

In the latest episode of “As the Crypto World Turns,” FTX has thrown in the towel on its grand comeback plans. Yep, you heard it right — instead of a heroic reboot, they’re going full garage sale mode to pay back their customers.

Wednesday brought us a plot twist straight from a company lawyer’s lips: Turns out, FTX’s backstage was more of a hot mess than a hotbed of innovation. Sam Bankman-Fried, the mastermind behind the curtain, apparently missed a few crucial days in Crypto Exchange 101, lacking the tech and know-how to keep the ship sailing. And now, he’s snagged a starring role in his own courtroom drama, thanks to some not-so-legal shenanigans with FTX. The FTX Drama Keeps Getting interesting! Make this into a movie already!

And of course! XRP just snagged the not-so-coveted title of “Biggest Loser of the Week” among the top 20 crypto heavyweights. Yep, it took a 3.86% nosedive in the past 7 days. Talk about a bumpy ride on the crypto rollercoaster!





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