Morning Minute: MetaMask Confirms Token, Airdrop SZN Incoming – Decrypt

Morning Minute is a every day e-newsletter written by Tyler Warner. The evaluation and opinions expressed are his personal and don't essentially replicate these of Decrypt. Subscribe to the Morning Minute on Substack.GM!Right now's prime information:
Crypto majors retreat after post-FOMC rally; BTC -1% at $116,300
Joe Lubin confirms MetaMask token coming “very quickly”
Plasma units mainnet debut & XPL token TGE for Sept 25
Pump Enjoyable crosses $100M in PUMP buybacks (tho PUMP falls 7%)
Kevin Durant regains entry to Coinbase pockets misplaced in 2016 when BTC was $600
🪂 Airdrop Season IncomingEveryone loves yelling “wen token?”Nicely the reply for a number of main protocols is now “quickly.”📌 What HappenedYesterday, co-founder of Consensys Joe Lubin confirmed {that a} MetaMask token is coming “very quickly.”We don’t know another particulars past that, and betting markets have the MASK token coming in September at simply 3%.So, it’s most likely not subsequent week.However up till now, there was no formal affirmation a token would ever come. Now that has modified.And add it to the rising checklist of main protocols dropping tokens someday quickly:
OpenSea simply moved into the “ultimate part” of its pre-TGE rewards program and advised customers to count on token particulars in early October.
On the L2 entrance, Base lastly mentioned the quiet half out loud: Jesse Pollak advised reporters the community is exploring a local token, with plans nonetheless early.
Pump Enjoyable is barely totally different from the remainder with its PUMP token reside for buying and selling, however no airdrop…but. The PUMP airdrop is predicted in This fall 2024 (47% by finish of 2025).
Meteora supplies level to an October TGE for MET.
Lastly, Polymarket token chatter is again in pressure alongside reviews of a financing spherical that might worth the corporate as excessive as $10B.
Airdrop SZN is actually coming.🗣️ What They’re Saying“One factor to consider with the MetaMask and Opensea token is that there are quite a lot of graveyard wallets that haven't been onchain in a very long time. Relying on how they construction the airdrop, you probably see quite a lot of useless wallets compelled onchain to say.” – Threadguy
Joe Lubin took over Sharplink & launched Linea token within the final 3 months.
He’s launching Metamask’s subsequent. This man is on an absolute heater
— Andy (@ayyyeandy) September 19, 2025🧠 Why It MattersThis one is fairly simple to clarify – we like free cash.Free cash is sweet for the crypto ecosystem.Airdrops from protocols like MetaMask and OpenSea have lengthy been written off by most customers. Now they’re truly incoming, possible within the subsequent 3-6 months.To not point out massive cash coming within the Solana eco within the very close to future, courtesy of Meteora and Pump Enjoyable. (And Polymarket is only a enjoyable shock).So what does it imply?Airdrop cash sometimes stays within the on line casino.Anticipate booms in exercise on Solana (because of MET & PUMP), NFTs (because of SEA) and possibly even the broader crypto eco (MASK, POLY).Plus the timing is nice with crypto majors inside 10% of ATH, a fee reduce cycle simply starting, ETFs about to blow up and the DAT commerce exhibiting indicators of life once more.As the children say, This fall goes to be a film…🌎 Macro Crypto and MemesA few Crypto and Web3 headlines that caught my eye:
Crypto majors are pink and retreating after the post-FOMC rally; BTC -1% at $116,300, ETH +-1% at $4,510, XRP -3% at $3.02, SOL -2% at $240
ASTER (+32%), IMX (+10%) and NEAR (+8%) led prime movers
MSTR inventory jumped 7% on Thursday, outperforming Bitcoin’s 2% rally
The Bitcoin ETFs noticed $163M in internet inflows, whereas the ETH ETFs led with $213M
Google Cloud and EigenLayer partnered to make EigenCloud the verifiable spine for AP2 agentic funds throughout playing cards, financial institution rails, and stablecoins
Coinbase launched USDC lending inside its app, permitting customers to earn yields as much as 10.8% by way of Morpho
The White Home is different CFTC chairs after Brian Quintenz’s affirmation has stalled, at the least partially because of criticism from the Winklevoss brothers
Kraken partnered with Legion to debut “Kraken Launch,” a token-sale platform that brings IPO-style, reputation-scored allocations and early token entry to thousands and thousands of customers with its first sale “coming quickly.”
Kevin Durant regained entry to Bitcoin he “misplaced” entry to on Coinbase again in 2016, which he bought when Bitcoin was ~$600
In Company Treasuries / ETFs
Brera Holdings rebranded to ‘Solmate,’ and introduced a $300M personal elevate to construct a Solana treasury (BREA inventory briefly +500%)
The DOGE ETF $DOJE did $17M quantity in its debut yesterday, sufficient to notch a prime 5 debut for any ETF this 12 months
The primary Crypto Index ETF launches right this moment from Grayscale, together with BTC, ETH, XRP, SOL and ADA
In Memes
Memecoin leaders are very pink together with majors; DOGE -3%, Shiba -3%, PEPE -3%, PENGU -3%, BONK -3%, TRUMP -2%, SPX -8%, and FARTCOIN -2%
1 led prime movers once more, up 100% to $12M; MESA +2500% to $2.6M was one other notable mover
💰 Token, Airdrop & Protocol TrackerHere's a rundown of main token, protocol and airdrop information from the day:🤖 AI x CryptoSection devoted to headlines within the AI sector of crypto:
Total market cap -4% at $13.6B, leaders have been pink
FARTCOIN (-1%), VIRTUAL (-4%), TIBBIR (-5%), aixbt (+1) & ai16z (-4%)
HYPER (+41%) and TETSUO (+14%) led prime movers
Talus Labs debuted its testnet together with $125,000 in money prizes for a brand new AI Agent recreation
🚚 What is occurring in NFTs?Right here is the checklist of different notable headlines from the day in NFTs:
ETH NFT leaders have been largely flat; Punks -1% at 47.9 ETH, Pudgy even at 10.5, BAYC even at 9.3 ETH
Cryptodickbutts (+13%) and Meebits (+10%) have been prime movers
Summary NFTs noticed quite a lot of inexperienced led by Roach Racing and Bearish
Gondi rolled out its Gondi Buy Bundler, permitting customers to purchase NFTs throughout marketplaces while not having the total buy quantity (utilizing present mortgage affords for the distinction)
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