Crypto Retirement Plan: June Update

At the beginning of 2024 I had published my super ambitious strategy on how I plan to make a million while starting from $0 during the next 2 years as I expect the bull run to hit it’s peak the end of 2025.

Since January I keep posting monthly updates on how the journey is progressing so far. During January, February, March, April and May I saw that the initial months saw many decent airdrops getting launched and the whole market sentiment fluctuating between bearish, bullish and sideways.

June was a special months in many ways. First and foremost the 2 big anticipated airdrops finally came through - zkSync and LayerZero. They were getting delayed since several months and many users were starting to wonder if they might delayed indefinitely.

Another major realisation for me during June was that the whole airdrop space is getting changed completely compared to how it started off since the early days of Uniswap airdrop. During the initial airdrops all users were given amazing allocations. Just using the platform was more than enough to become eligible. Stark contrast is the current scenario with all popular platforms getting over-farmed with people creating hundreds of wallets in hopes of making bank with just one big airdrop. This has made projects come up strange criteria to exclude majority of the users saying they want to control sybil wallets.

One thing is certain that getting big airdrop allocation is no longer going to be as easy as it used to be earlier.

Quick Recap upto June!

I got decent allocations from Airdrops in January from zkFair, MANTA, WEN, JUP, LFG (LessFeesGas).

In February I got the $STRK airdrop from Starknet which was worth about $220 at that time.

In March I got Polyhedra’s ZK tokens worth more than $500. This initially was doing well but has taken a severe beating during the corrective phase now.

April and May turned out very disappointing with the big airdrops getting further delayed.

April would have been a completely dead month except for the airdrop from Nibiru of it’s NIBI tokens which was worth about $50 when I got it.

In May I got an unexpected airdrop worth $200 from Notcoin for just playing a tapping game on my mobile.

How was June for my Retirement Plan?

In June I received 2 airdrops:

$ZK - $3,200

$ZRO - $120

LayerZero was way lower than expected as $120 is nothing compared to the time and fees I spent. It might seem like the $ZK allocation I got is pretty decent but in reality I spent more effort and money on ZK grinding compared to all the other projects put together. This was the first time I made multiple wallets to grind for it and all my secondary wallets were ineligible for the airdrop. I only got the airdrop on my main wallet.

This is a wake up call for me to not depend heavily on airdrops and only interact with projects I am actually interested in.

I am seeing more and more ppl get small or no airdrops despite spending good amount of time and money for the grind.

Overall a Good Month

Overall I consider June a good month for my long term strategy as I consider $ZK and $ZRO as good coins worth holding long term and expect them to do more than 10 X by the time the bull run hits it’s peak.

I also have realised I held onto many airdrops like MODE and NIBI which I should have sold the moment I got them.

Memecoin market as always is the most unpredictable of all. Popcat continues to outperform rest of my portfolio but majority of the other memecoins and other altcoins I am holding are down pretty bad.

Let’s see how July turns out to be, I am expecting markets to find their bottom and start surging towards new highs.

Cheers,

Sam