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Author Topic: Has Airdrop season begun?  (Read 261 times)
JeffBrad12
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January 26, 2024, 11:20:51 PM
 #21

And the question is where we could sell them or what exchange/s it was listed?
I do believe that airdrops were valuable before but not today. Some show good prices in exchanges but nobody is buying it and that is still useless. I could say this because I have that experience already and holders want to sell but it can't as nobody is buying. It is a manipulated price indeed just to grab attention from the community thinking that we could make some profit on it.

Airdrops are not worth investing in. They are just free coins that have no real value, it was just serve as a token of appreciation for joining them but never benefit from it.
you shouldn't underestimate the state of airdrops nowaday there are tons and tons of airdrops that has caused people to be rich, there are manta airdrop that gives people so much money, followed with altlayer.
any person that are eligible at least earned $2k from both of these airdrops, before that there was XAI and so on the airdrops right now are just as massive as it was back then, why? because it is being supported heavily by venture capital that willing to shell out millions of dollars for these projects.
with this altlayer alone someone already made $340k just collecting 11 og NFT which was distributed for free back in the days.
just in few days, there will also be some airdrop about JUP token some people are gonna be making massive money out of it, some will definitely receive few grand at least.

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January 26, 2024, 11:52:19 PM
 #22

With regards to the distribution  of ALT token claim which began yesterday at 12:00PM with 300 million tokens distributed for the first batch of the Airdrop event valued at approximately $96m at the price of $0.32 per token, there has been excitement as to whether Airdrop season is back as Multi-layer roll-up distributor  Dymension is also planning to launch its mainnet in coming days with 70 million DYM token allocated  for the Airdrop event.

What captivated my interest was the drastic surge in the mcap of ALT after launch. With market cap currently around $365M and FDV of over $3B. It's important to note that only 3% of ALT total supply of 10B token was airdropped with top addresses claiming 1.29M and 1.19M tokens worth $420k and $388k respectively at the price of $0.32.

With the current positive price action, this proves that investors are Keen about the project hence the continuous surge in price since listing. Several top Cex have already  listed the token on their platform leaving me with the question if ALT is worth investing in?

   The question is, op, when did airdrops disappear from the crypto space? Have those who conduct this stopped on this forum or any social media platforms? Doesn't it still continue to this day in the field of crypto space?

   Airdrops are even now becoming a dangerous place for most people who don't know anything about this industry field, because it's even becoming a gateway for scammers, phishing, and hacking, right? I rarely see legit airdrops, but there are tons of what appear to be airdrop programs in the crypto space, especially on Facebook. So extra caution is needed for people like this in this era?

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January 27, 2024, 05:27:36 AM
 #23

Airdrop sessions are always there because genuine projects have a set amount of distribution for airdrops based on the roadmap for launching airdrops. Participating in airdrop projects using a special method is definitely more likely to be profitable. Participating in airdrop activities like Staking, Testnet, Ambassador, Bugs, etc. definitely gives more profit.

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January 27, 2024, 05:37:31 AM
 #24

With regards to the distribution  of ALT token claim which began yesterday at 12:00PM with 300 million tokens distributed for the first batch of the Airdrop event valued at approximately $96m at the price of $0.32 per token, there has been excitement as to whether Airdrop season is back as Multi-layer roll-up distributor  Dymension is also planning to launch its mainnet in coming days with 70 million DYM token allocated  for the Airdrop event.

What captivated my interest was the drastic surge in the mcap of ALT after launch. With market cap currently around $365M and FDV of over $3B. It's important to note that only 3% of ALT total supply of 10B token was airdropped with top addresses claiming 1.29M and 1.19M tokens worth $420k and $388k respectively at the price of $0.32.

With the current positive price action, this proves that investors are Keen about the project hence the continuous surge in price since listing. Several top Cex have already  listed the token on their platform leaving me with the question if ALT is worth investing in?

Once there are positive movement on crypto, new projects are more likely to issue their tokens. Some projects even wait for such positive sentiment to go with their private sale.
And as people are more willing to buy crypto, a lot of meme coin developers, pump and dump organizers and outright scammers are active on the prospects of making money.
So it results in a boost in number of airdrops being hosted through different means. Airdrop can be a cheaper mean to advertise as the project doesn't have to spend money from their pocket in most cases. The types of airdrops have also varied, currently most project are airdropping for engagement or staking the coins on it's platform than just giving some coins to random addresses.



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January 27, 2024, 06:24:28 AM
 #25

Airdrop sessions are always there because genuine projects have a set amount of distribution for airdrops based on the roadmap for launching airdrops. Participating in airdrop projects using a special method is definitely more likely to be profitable. Participating in airdrop activities like Staking, Testnet, Ambassador, Bugs, etc. definitely gives more profit.

It doesn't matter if a project is genuine or not. They use airdrop as an opportunity to build their community and increase the community engagement. Every project comes up with airdrop to initially build a community. I don't think participating in airdrop is profitable anymore as the value of token will always be less than $5. Those airdrops that requires a qualification to be eligible are the ones that are profitable as the number of tokens depends on the activities done by individual user.

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January 27, 2024, 07:10:38 AM
 #26

of course, alt is a good project, because there are so many exchanges and partners in the project, they even gave the first airdrop worth 96 million$, if you want to buy now it's not a bad time, because btc hasn't risen significantly yet.
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January 27, 2024, 07:52:56 AM
 #27

I think because market conditions have improved there are so many projects being released this month, because they see the market is quite friendly, and also actually there are so many projects that have been under development from several years ago and this year they decided to list, so I think that's the cause There are several large projects listing this year.

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January 27, 2024, 08:03:55 AM
 #28

Airdrops are not worth investing in. They are just free coins that have no real value, it was just serve as a token of appreciation for joining them but never benefit from it.

What is good about airdrops is that they are free so you would not exactly be losing money if you acquire some tokens from airdrops but it does not get listed or it does not get any real value in the future but still some airdrops do get value later on so you just have to keep holding and wait for the right time to sell


not completely free bro, I guess you don't know retro airdrop?
it costs money to do so, and also the prizes offered are definitely bigger.
not all airdrops are free as you think, and the duration is very long, I remember that Altlayer first held a campaign in July 2022, almost 2 years people waited for the launch yesterday

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January 27, 2024, 08:09:32 AM
 #29

Airdrops are not worth investing in. They are just free coins that have no real value, it was just serve as a token of appreciation for joining them but never benefit from it.

What is good about airdrops is that they are free so you would not exactly be losing money if you acquire some tokens from airdrops but it does not get listed or it does not get any real value in the future but still some airdrops do get value later on so you just have to keep holding and wait for the right time to sell

Its value is that it makes a lot of money, its value is that it is running in the market today, because sometimes we see that it has stacking options. There are those in which we invest our money or use their mainnet in return they give us a reward but in some moments we do not use even a single dollar, it is only for test net uses or we complete any task, then in return they give us a reward, but sometimes the reward is small.

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January 27, 2024, 08:15:00 AM
 #30

I never knew there is a season for airdrops because I know some airdrop platforms where airdrops are posted daily without stop. That make me wonder what then is airdrop season and how to recognize when the season finally arrives.

Airdrops are not worth investing in. They are just free coins that have no real value, it was just serve as a token of appreciation for joining them but never benefit from it.

What is good about airdrops is that they are free so you would not exactly be losing money if you acquire some tokens from airdrops but it does not get listed or it does not get any real value in the future but still some airdrops do get value later on so you just have to keep holding and wait for the right time to sell
Airdrops may seem free but they are not completely free because you spend time, electricity and internet subscription to join it. Well we can say that they are technically free because without the airdrop, we would always have those things to be used for other things. You will also remember that some airdrops are not what they say they are - some are created to harvest personal data or get you to subscribe to their social media.

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January 27, 2024, 09:28:18 AM
 #31

Airdrop coins have been widespread and encourage people to join them but guess, despite the huge rewards they are saying, only a few (less experienced) take the bait while the majority are ignoring them because these airdrops are no longer valuable this time unlike in the past years.

They are free, yes, but the problem is the fees when moving them to other wallets, even swapping costs a lot. Honestly, participating in airdrops is just a waste of time. Just to imagine if airdrops are worthy, people get crazy joining them but they're not which is why only a few have the guts to spend their time and earn nothing.
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January 27, 2024, 09:52:03 AM
 #32

I suspect yes, because in January there are so many projects listing and sharing their airdrops with the community, it would be best if we had the chance to participate in new projects that have potential and will give prizes to their users.
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January 27, 2024, 09:59:56 AM
 #33

I don't think it ever ended, all throughout the year, a lot of projects (scam or legitimate) have been doing airdrops and so far, I don't think that there's ever going to be an end of these activity because there's a lot of people that's participating in them. Maybe what we should be looking out for is the profit season for airdrops because that's one that isn't a forever thing and that it's even uncertain that it will come every year. I feel like I haven't ever seen my X account ever losing notifications about a recent airdrop.



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January 27, 2024, 10:14:56 AM
 #34

Considering that market conditions are still in good condition and I think they will continue to rise until the end of the year, several projects have decided to list their projects.
that's why there were so many airdrops being shared this january.

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January 27, 2024, 12:41:01 PM
 #35

airdrop season has just started, congratulations to those who have earned ALT coins,
I don't think airdrop coins are 100% worth investing in unless there are several criteria put into the coin.
but most airdrop coins don't last long , just follow the hype

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January 27, 2024, 01:06:24 PM
 #36

With regards to the distribution  of ALT token claim which began yesterday at 12:00PM with 300 million tokens distributed for the first batch of the Airdrop event valued at approximately $96m at the price of $0.32 per token, there has been excitement as to whether Airdrop season is back as Multi-layer roll-up distributor  Dymension is also planning to launch its mainnet in coming days with 70 million DYM token allocated  for the Airdrop event.

What captivated my interest was the drastic surge in the mcap of ALT after launch. With market cap currently around $365M and FDV of over $3B. It's important to note that only 3% of ALT total supply of 10B token was airdropped with top addresses claiming 1.29M and 1.19M tokens worth $420k and $388k respectively at the price of $0.32.

With the current positive price action, this proves that investors are Keen about the project hence the continuous surge in price since listing. Several top Cex have already  listed the token on their platform leaving me with the question if ALT is worth investing in?

we can't say it's the season for airdrop campaigns. some do get attention from the community and develop very well. Apart from ALT, Manta is also trending on Coinmarketcap. Several airdrops from the Solana network were also discussed on social media. and many people are talking about it.
but still if you can't talk about airdrop season. More failures than successes make airdrop hunters profitable. those who give more are of course trending everywhere. and those that fail will of course be forgotten.









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January 27, 2024, 01:16:42 PM
 #37

With regards to the distribution  of ALT token claim which began yesterday at 12:00PM with 300 million tokens distributed for the first batch of the Airdrop event valued at approximately $96m at the price of $0.32 per token, there has been excitement as to whether Airdrop season is back as Multi-layer roll-up distributor  Dymension is also planning to launch its mainnet in coming days with 70 million DYM token allocated  for the Airdrop event.

What captivated my interest was the drastic surge in the mcap of ALT after launch. With market cap currently around $365M and FDV of over $3B. It's important to note that only 3% of ALT total supply of 10B token was airdropped with top addresses claiming 1.29M and 1.19M tokens worth $420k and $388k respectively at the price of $0.32.

With the current positive price action, this proves that investors are Keen about the project hence the continuous surge in price since listing. Several top Cex have already  listed the token on their platform leaving me with the question if ALT is worth investing in?

   The question is, op, when did airdrops disappear from the crypto space? Have those who conduct this stopped on this forum or any social media platforms? Doesn't it still continue to this day in the field of crypto space?

   Airdrops are even now becoming a dangerous place for most people who don't know anything about this industry field, because it's even becoming a gateway for scammers, phishing, and hacking, right? I rarely see legit airdrops, but there are tons of what appear to be airdrop programs in the crypto space, especially on Facebook. So extra caution is needed for people like this in this era?
Yes that's right, many have gotten hundreds of millions in my currency version, quality airdrops although not short but not disappointing results, for nft holders and 5 other categories according to the allocation of each mission and task. devs like this know how to treat hunters and participants properly because between the two of them have an important role and get commensurate benefits. I sometimes work on airdrops like I forgot about it and save important data for access.
====================
I usually separate wallets between testnet and mainnet transactions, although between the two wallets I still make it a habit to revoke after the transaction. Indeed, no one can fix wallets that are affected by drains and potential scammers but we can do our best to break the connection between wallets and airdrop websites. I am sure that there are more airdrop profits than being exposed to these attacks or scams. Use a new wallet if in doubt about an airdrop. There are many types of wallets and you can add more as needed. So far I am safe using 1 tesnet wallet for airdrop.

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January 27, 2024, 01:32:24 PM
 #38

Airdrops are not worth investing in. They are just free coins that have no real value, it was just serve as a token of appreciation for joining them but never benefit from it.

What is good about airdrops is that they are free so you would not exactly be losing money if you acquire some tokens from airdrops but it does not get listed or it does not get any real value in the future but still some airdrops do get value later on so you just have to keep holding and wait for the right time to sell
It's true that airdrops are not worth investing in, right, but I myself like and enjoy running airdrops, for what reason, because airdrops are free coins, but if we are lucky and get lots of coins, it's definitely quite good, it's already free if luck is on our side, of course we no loss.
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January 28, 2024, 02:47:10 AM
 #39

With regards to the distribution  of ALT token claim which began yesterday at 12:00PM with 300 million tokens distributed for the first batch of the Airdrop event valued at approximately $96m at the price of $0.32 per token, there has been excitement as to whether Airdrop season is back as Multi-layer roll-up distributor  Dymension is also planning to launch its mainnet in coming days with 70 million DYM token allocated  for the Airdrop event.

What captivated my interest was the drastic surge in the mcap of ALT after launch. With market cap currently around $365M and FDV of over $3B. It's important to note that only 3% of ALT total supply of 10B token was airdropped with top addresses claiming 1.29M and 1.19M tokens worth $420k and $388k respectively at the price of $0.32.

With the current positive price action, this proves that investors are Keen about the project hence the continuous surge in price since listing. Several top Cex have already  listed the token on their platform leaving me with the question if ALT is worth investing in?

Absolutely, the recent distribution of ALT tokens has raised intriguing questions about the start of Airdrop season. The initial 3% airdrop of 300 million tokens, valued at $96 million, has undoubtedly stirred excitement in the community. What's particularly interesting is the subsequent surge in ALT's market cap to $365 million and an FDV exceeding $3 billion.

Examining the distribution further, top addresses claimed significant amounts during the airdrop, with holdings worth $420k and $388k at the price of $0.32. This, combined with the positive price action since listing, suggests a keen interest from investors.

However, while some might see this as the beginning of Airdrop season, it's crucial to approach this with a nuanced perspective. The surge in price might be attributed to factors beyond just the airdrop, such as market sentiment, project fundamentals, and broader industry trends. It's always wise to conduct a deep analysis of the project, its team, and the overall market conditions.

As for the question of whether ALT is worth investing in, opinions may vary. The recent listing on several top exchanges is a positive sign, but it's advisable to proceed with caution and conduct thorough due diligence. What might be promising today could change tomorrow.
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February 08, 2024, 10:16:27 AM
 #40

Airdrops are not worth investing in. They are just free coins that have no real value, it was just serve as a token of appreciation for joining them but never benefit from it.

What is good about airdrops is that they are free so you would not exactly be losing money if you acquire some tokens from airdrops but it does not get listed or it does not get any real value in the future but still some airdrops do get value later on so you just have to keep holding and wait for the right time to sell
It's true that airdrops are not worth investing in, right, but I myself like and enjoy running airdrops, for what reason, because airdrops are free coins, but if we are lucky and get lots of coins, it's definitely quite good, it's already free if luck is on our side, of course we no loss.
I disagree with your view that airdrops are not worth investing in at the moment. A few days ago, TIA stakers were rewarded with Dimension airdrops (DYM), and the last time I checked, DYM was trading around $6 on platforms like Bitget market. It listed around $4, so those that got in early are already profiting as I type this, imo you just have to know the right airdrop to invest in..
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