5 Best Crypto Airdrops to Invest in 2024
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The post 5 Best Crypto Airdrops to Invest in 2024 appeared first on Coinpedia Fintech News
Airdrops have become one of the most effective ways to generate massive gains in crypto. But alongside community rewards, projects rely on airdrops as a marketing tactic, helping to promote a new launch.
This article looks at the five best airdrop tokens to watch in 2024. We consider the potential for gains, token price potential, and accessibility.
Based on these factors, the best airdrops to watch are 99Bitcoins, Mega Dice, Slothana, Ethena, and MetaMask. Let’s explore each.
99Bitcoins Token
Renowned media juggernaut 99Bitcoins boasts a leading news site, over 700K YouTube subscribers, and 2.8 million email readers.
However, in a recent revelation, the team launched a new native token, $99BTC. This will be used in the project’s novel Learn-to-Earn platform, which aims to bolster crypto mass adoption through education and cutting-edge tokenomics.
$99BTC leverages Bitcoin’s BRC20 token standard to facilitate its feat, tapping into one of crypto’s most prominent trends.
The project is undergoing a presale, where investors can buy before it goes live on exchanges. However, they can also win $99BTC through the airdrop.
There are 11 ways to enter, each outlined on the project’s Gleam page. The more tasks users do, the greater the chance of winning.
According to its website, 14% of the token’s total supply is allocated to the airdrop.
Investors must buy the $99BTC presale to enter the giveaway.
Mega Dice Token
Mega Dice is a prominent crypto casino project that recently launched a new cryptocurrency, $DICE.
The token looks to follow in the footsteps of Rollbit’s RLB, which soared 27,000% from 2022-2023.
$DICE is currently undergoing a presale, having raised $300K on its opening day. The token offers unprecedented benefits to holders, such as daily rewards based on the casino’s success, limited edition NFTs, a referral bonus, and more.
In celebration of the presale, Mega Dice has allocated $2.25 million to be airdropped to its community. The giveaway will be split over three rounds, with round one already in motion.
Users can gain eligibility by interacting with the Mega Dice casino and wagering $5K in a 21-day window.
Currently, the Mega Dice presale price is $0.069, but this will incrementally rise throughout the campaign, with the next uptick occurring when 14.7 million $DICE are sold. So far, the figure is at 4.9 million.
Slothana
The Solana-based meme coin Slothana has become the network’s hottest presale, raising over $10 million in its opening two weeks.
Such monumental early success reflects an immense community interest in the token, laying the way for an explosive trajectory after it launches on exchanges.
Its success is partly due to rumours that the Smog team is linked to Slothana. Smog is a Solana meme coin that soared 100x after launching in February.
Slothana works slightly differently from the airdrop other projects. This new meme coin follows in the footsteps of other uber-successful Solana presales like Book of Meme and Slerf, where investors would send SOL to the developer’s wallet address and then would be airdropped the token at a later date.
Slothana’s wallet address is available on the project’s website, and users will reportedly receive 10,000 $SLOTH for each SOL they send.
However, investors can also buy the presale directly by connecting their wallet to the Slothana website.
Ethena
Ethena is a synthetic dollar protocol launched on the Ethereum network. Its flagship product is USDe, a yield-generating stablecoin pegged to the US dollar.
The project rose to notoriety following the launch of USDe in February, with the stablecoin now boasting an impressive $2.3 billion market cap.
ENA is the native governance token to the Ethena protocol, with holders able to vote on important matters concerning the project’s future.
The ENA token was initially airdropped to USDe holders at the beginning of April, causing a flood of market excitement. As a result, ENA exploded beyond a $2 billion market cap but has since retraced with the broader market.
Ethena recently announced a second airdrop, requiring users to stake ENA tokens to gain eligibility. This presents a two-pronged advantage, rewarding the community while bolstering the token’s utility and driving demand.
MetaMask
After a long time in the making, the highly speculated and much-awaited MetaMask airdrop may finally happen this year.
While nothing has been confirmed yet, Joe Lubin, the CEO of MetaMask’s developer company Consensys Software, recently nodded that the airdrop is in the works.
“There is a DAO that is being formed right now in the context of MetaMask,” he explained in a conversation with Decrypt.
Given the governmental nature, DAO tokens are typically allocated to protocol users to ensure fairness and democratic voting.
In MetaMask’s case, this could entail wallet users being airdropped the token.
MetaMask has been growing rapidly recently, with its user base surpassing 30 million as it approaches its all-time high.
Indeed, with such activity, this may present the perfect time to announce the new token airdrop.
But because the airdrop is not yet official, the eligibility criteria is unknown. However, higher transaction volume and frequency may help increase the chances of success.
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