Crypto News | Telegram Airdrop! | Polymarket Taking Over! | Huge NFT Sale! 🚀

[Music] hey everyone welcome back to GM crypto I am your host Brock bender and let's get right into the news as always Bitcoin is continuing to creep up in price over these past few days which is really great to see after we had that massive dip on the weekend the top gainers over the past 24 hours are internet computer artificial super intelligence Alliance and Bitcoin SV so it's cool to see some of the AI based coins recovering as well after the tough weekend we we also saw bit tensor pumping yesterday and now we see Fe pumping today which is really great to see for the first story of the date we have a huge airdrop that happened on the ton Network so dogs token has set a meme coin record with 17 million users on the open network or ton chain the newly launched token could have been the biggest tge event in the entire history of meme coins this project was inspired by telegram's co-founder Pavo durov's iconic dog drawing the app has now surpassed 53 million users of whom 4 3 2.2 million were eligible for this airdrop so it is really great to see telegram's ecosystem picking back up after pavl durov was arrested recently but it seems like the coin is recovering and the community is rallying around it more than ever so it's going to be interesting to continue to watch the developments over on the Taun side of things if we look at dogs token we can see that it's sitting at about a $550 million market cap which is absolutely incredible for a meme coin drop price seems to be holding stable at about 0.001 cents per dogs token toen as well as having massive high-profile listings like binance and okx we're starting to see more and more adoption from the banking industry which is going to help the market grow massively to some of the older population as we move deeper into this bull run which is really really good for the market next we have an interesting topic which is that prediction markets are the killer blockchain app we've been waiting for and this is something that I very much agree with the main application that is leading this charge is poly Market which has seen massive volume massive Mass adoption over these past few months especially in terms of the election they are really making a wave in the prediction Market space which has definitely needed a shakeup where mostly it's previously been a lot of web 2 providers and traditional Sports books and gambling books that have been getting the volume on this now it is moving towards a more crypto native based product and this is leaving a lot of room for Innovation as well as the expansion of this Market in something that feels inherently crypto native if we go to some of these markets on poly Market we can see that the election has had almost $1 billion bet on it as well as tons of other markets that have a ton of volume we can see that the popular vote winner has had almost $200 million bet and now a recent one that has come up the Super Bowl champion for this year has had about $43 million bet so not only are they growing in the election side of things but it's good to see sports betting type stuff like the Super Bowl championship bet here being taken up with a lot of volume showing that adoption is continuing to expand not just across the election market so I'm very bullish on poly Market overall as well as the prediction Market space and it will be great to see the creativity and innovation that's going to come out of this side of the market next up we have that igen layers ABS arpa is going to launch their native reaken rewards very soon so with Igan layer we've yet to see the actual ABS rewards come live from different protocols but this will be one of the first ones that will be going live this month which is really exciting if you are an igen layer Staker staying on igen layer make sure to check your eligibility for season 2 Stak drop if you were part of the IG layer Community this means making content on Twitter on YouTube foraster engaging in the Discord things like this this is not pertaining to just if you are a reaker or if you were holding lrts or other things in the ecosystem this is for the community side of things so if you were involved with the community make sure to head to verify. agfoundation.org which I will leave the link for in the description and verify your social accounts so that you can be eligible for the potential airdrop from them when the Checker goes live in about one more day in more adoption news we have PayPal and venmo users are now able to send crypto payments with ens names so this is just one more step forward in the adoption curve allowing people to send directly to your different ens names I'm sure in the future we're going to see this with Solana we're going to see this with other chains that have native domain names but it's good to see centralized entities like PayPal and venmo allowing this now which is moving us further and further along and on the art side of the market we have another great story here that an x copy one of one was purchased for $668,000 or 280 eth by Punk 6529 this piece is called bad flavor and is a really really nice piece of art from xcopy nfts have been so hammered this year and volume has continued to go lower and lower so it's really great to see a high profile and high cost piece go at a price like this so congratulations to punk 6529 for buying this as well as x copy for the sale this is absolutely massive for the Art Market so that's going to do it for today's video guys thank you so much for watching make sure to subscribe to our free newsletter if you want highquality news and Alpha delivered directly to your inbox every single week have a wonderful rest of your day and I will see you guys in the next video [Music]