XRP Price Surges to 2-Year High as Airdrop Frenzy Builds

Momentum for GNO builds as Gnosis rebrands to the Coincidence of Wants (CoW) Protocol and launches an airdrop for GNO stakers and validators. Airdrops, going 'multi-chain' and massive multi-million dollar developer incentives were some of the key marketing and rebrand tactics blockchain projects used in 2021. This trend appears set to continue in 2022 and Gnosis (GNO) appears to be jumping on the bandwagon.Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $219 on Jan. 24, the price of GNO has put on a gain of 57% to hit a daily high of $351 on Feb. 14 as....

Auracoin Airdrop. The Auroracoin Airdrop took place on March 25th with the result in line with what was predicted byCryptoCoinsNews - A dramatic price drop. The Auroracoin Airdrop was a method of distributing 10.5 million Auroracoins to about 330,000 Icelanders or 31.8 Aurorcoins each. In some ways, the idea is quite good. Crypto coins could operate as a national currency. If they did, we would see how adoption by a nation could cause greater stability in price and also greatly increase the value of the coins. As such Auroracoin gained much popularity, and at one point its' market cap was....

XRP has broken out of a multi-year bear market but old resistance zones must now flip to new support for the rally to continue. As Bitcoin (BTC) has been in the spotlight in recent months, the altcoin XRP (XRP) has been doing reasonably well in its own right. Bitcoin’s rally has been associated with institutions and Wall Street jumping on this new asset class and digital store of value. Meanwhile, XRP has broken out of a multi-year downtrend to regain momentum as well.However, XRP price has not been able to break the $1 barrier yet despite the Flare Network airdrop now just around the....

Dydx, a decentralized exchange, finally unlocked its airdrop rewards for users. Its governance token, dydx, was locked due to airdrop restrictions since the protocol announced its distribution on August 3rd. Since its release the price has skyrocketed, giving some of the more active users on the platform more than $50K worth of dydx. However, some users were unable to reclaim the airdrop due to location restrictions. Dydx Unlocks Airdrop, Price Skyrockets Dydx, a derivatives decentralized exchange, announced yesterday the unlocking of its airdropped governance token, dydx. The....

Overall, however, the price has tanked 56% since launching on the weekend at an opening price of $18.87. The price of Terra (LUNA) briefly spiked around 90% overnight to an intraday high of $11.33 ahead of Binance’s airdrop but has since dropped back to around $8.26 at the time of writing. At current prices, as per CoinGecko data, the increase to $8.26 represents a 35% gain over the past 24 hours. Overall, however, the price has tanked 56% since launching on the weekend at an opening price of $18.87. Members of the community posted screenshots of the price jumping as high as $12 on the....