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 a newly 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 17-year-old crypto investor claimed to have made over $1 million from the Solana-based Jupiter (JUP) airdrop.
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