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As a Cosmos (ATOM) holder, it's hard not to feel a little spoiled, especially considering the plethora of airdrops that have showered down before the bear market and also recently, looking at Celestia (TIA). These unexpected windfalls have certainly sweetened the deal of holding ATOM, and it's essential to factor them into the broader picture when assessing the token's value.
Yes the price action wasn't so great in the last 18 months, but still it held up pretty great, and a lot better than other alts, even in the midst of the bear. But even in the darkest times I looked at my little bag favorably, because it gave me so many drops, that probably kept many people slightly greener then they thought, forgetting to factor in the drops they got (if they claimed in time, that is). Just to name a few of the presents Atom holders got, and there are still more to come:
Honorable mention, because it had so much drama but still it had the most community governance participations in crypto history:JUNO (JUNO): JUNO, a decentralized bank for the Cosmos ecosystem, conducted an airdrop for ATOM holders. Approximately 5% of the total JUNO supply was distributed to ATOM holders.
Also STARGAZE (STARS) and CHIHUAUA (HUAHUA) are great and started with nice airdrops.
So bottomline, thanks CosmosSDK and ATOM. Keep up the great work and I'm toasting to a thriving IBC ecosystem.
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