XRP Could Soon Be the “Worst Performing Major Altcoin” as Airdrop Hype Fades
For the first time in years, XRP gained some massive momentum when it broke above $0.30 last month, with bulls sending its price rocketing as high as $0.90 on some exchanges before an influx of selling pressure sent it plunging lower. This rally gave many embattled bag holders an ideal exit opportunity, with the new […]
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Solana (SOL) has been one of the best-performing assets since the last quarter of 2023 and so far this year. This positive run has sparked several conversations about the altcoin’s bullish potential and its likelihood of significantly surpassing its current all-time high in this cycle. However, it appears that several crypto enthusiasts are still not […]
A new type of airdrop has been very popular during the last quarter of 2021 as quickly assembled decentralized autonomous organizations (DAOs) have been distributing lots of value to existing crypto users. Just recently, Opendao gave Opensea users an airdrop and many people accrued thousands of dollars in SOS tokens. Now, another project called Gas DAO is airdropping tokens to any wallet that’s paid more than $1,559 in ether gas fees before December 26. Gas DAO Airdrops Tokens to Users That Spent $1,559 in Ether Fees Before the Snapshot A lot of projects this year have created....
Decentralized exchange ParaSwap has joined the ranks of DeFi platforms that launch their native governance token, PSP, via an airdrop. In most cases, these events cause a lot of hype in the community, as users are rewarded for supporting the platform. Related Reading | Real Vision CEO Raoul Pal Takes Bullish Stand On Ethereum The ParaSwap airdrop was not an exemption with many users jumping into the platform to qualify and receive the funds in PSP. However, the platform employed a new logic to distribute its native token. Unlike Uniswap, a decentralized exchange that sends every user....
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....
Crypto airdrops are a marketing strategy used by startups to give tokens to existing cryptocurrency traders for free or in exchange for minimal promotional work. For most crypto investors, there is nothing more important than making a return on their investment. Thanks to the volatility, this can be done quickly or it can be a hugely difficult task. That's why crypto airdrops are an inexpensive way to make additional returns on your portfolio. After all, airdrop tokens are free and never hurt, right?Almost daily there are new crypto airdrops, with some easier to obtain than others. Not....