Report: In 2024, $4 Billion Tokens Were Given Out in Airdrops
Date: 2024-06-13 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
Large Airdrops in the Cryptocurrency Sphere
Since the beginning of 2024, the cryptocurrency sector has seen several large airdrops that have attracted the attention of users and investors. According to The Block, the total value of the distributed tokens reached $4 billion. This amount is based on an assessment of the number of reserved tokens and their average market value.
One of the largest events was the airdrop of the Jupiter project, which took place at the end of January 2024. 1 billion JUP tokens were allocated for the distribution. At the current price of $0.97 per token, the total amount of the distribution was approximately $970 million.
Airdrop Starknet
Another significant airdrop was carried out by the Starknet project in February 2024. As part of this event, the project team allocated 700 million STRK tokens. With the current price of $1,023 per token, the total value of the airdrop has reached $716.1 million.
The Notcoin project, which belongs to the Tap-to-Earn category, also stood out with a significant airdrop. The asset was listed in May 2024, and users withdrew a total of approximately 81.1 billion NOT tokens. At the current price of $0.018 per token, this amounted to $1.4 billion. In addition, another 5% of the total supply of 102.7 billion tokens was allocated as an airdrop.
Other Significant Airdrops
In addition to the above, several other significant airdrops took place in 2024, including Wormhole, friend.tech, Ether.fi and others. These airdrops also contributed to the total volume of tokens distributed and attracted the attention of the crypto community.
Some airdrops are planned for the near future. In particular, these are the LayerZero and ZKsync projects. LayerZero is in the final stage of its Sybil hunt, and the ZKsync team is facing criticism as it prepares for its distribution.
Airdrops continue to be an important tool for attracting attention and encouraging participation in cryptocurrency projects. On the Incrypted website you can find a section dedicated to airdrops, which contains the most relevant information on this topic.
