According to CoinGecko, among the 50 largest crypto airdrops since 2020, almost half of them reached all-time high prices within two weeks of the token being publicly listed.
Recent data from cryptocurrency data aggregator CoinGecko indicates that holding an airdropped crypto token for more than 14 days has, nearly half the time, resulted in missing the opportunity to sell at its all-time high.
Since 2020, there has been a significant increase in airdrop interest. The most common way to receive free airdropped tokens is through participating in pre-launch blockchain network activity or promotional work.
On Feb. 1, Cointelegraph reported that a seventeen-year-old crypto investor claimed to have made over $1 million from the Solana-based JUP airdrop.
