Has Airdrop season begun?

[Wakanda]

Following the process of ALT token claim yesterday at 12:00PM with 300 million tokens allocated for the first batch of the Airdrop event valued at approximately $96m at the price of $0.32 per token, there has been lots of excitement as to whether Airdrop season is back as Multi-layer roll-up distributor  Dymension is also planning to launch its mainnet in coming days with 70 million DYM token allocated  for the Airdrop event.

What caught my attention was the sharp and drastic surge in the mcap of ALT after launch. With current market cap currently around $365M and FDV of over $3B. It's important to note that only 3% of ALT total supply of 10B token was airdroped with top addresses claiming 1.29M and 1.19M tokens worth $420k and $388k at the price of $0.32.

With the current positive price action, this proves that investors are Keen about the project hence the continuous surge in price since listing. With more top cex like Bitget, Gateio and kucoin listing the token, do you think it's worth holding the token for the long term?

[BashJasper]

Well, airdrops season are always a prelude to a bull run per history books. It's interesting to see major airdrops of this season emanating from testnet participation, NFT mintings and community participation though ALT is now fast becoming more relevant have earmarked that much of their token distribution to community airdrop.

[XTRAVAGANZA]

On 26/01/2024 at 21:19, Wakanda said:

Following the process of ALT token claim yesterday at 12:00PM with 300 million tokens allocated for the first batch of the Airdrop event valued at approximately $96m at the price of $0.32 per token, there has been lots of excitement as to whether Airdrop season is back as Multi-layer roll-up distributor  Dymension is also planning to launch its mainnet in coming days with 70 million DYM token allocated  for the Airdrop event.

What caught my attention was the sharp and drastic surge in the mcap of ALT after launch. With current market cap currently around $365M and FDV of over $3B. It's important to note that only 3% of ALT total supply of 10B token was airdroped with top addresses claiming 1.29M and 1.19M tokens worth $420k and $388k at the price of $0.32.

With the current positive price action, this proves that investors are Keen about the project hence the continuous surge in price since listing. With more top cex like Bitget, Gateio and kucoin listing the token, do you think it's worth holding the token for the long term?

Discussing airdrops, I recently reaped the rewards of AVIVE and ICE, which were distributed through the OKX exchange. I'm eagerly anticipating additional airdrops expected in Q2. It seems the airdrop season might already be underway. Notably, Bitget has gained a reputation for consistently providing airdrops following the listing of new projects. Staying closely attuned to the exchange could unveil further opportunities for airdrops.

[Imam]

On 29/01/2024 at 20:44, XTRAVAGANZA said:

Discussing airdrops, I recently reaped the rewards of AVIVE and ICE, which were distributed through the OKX exchange. I'm eagerly anticipating additional airdrops expected in Q2. It seems the airdrop season might already be underway. Notably, Bitget has gained a reputation for consistently providing airdrops following the listing of new projects. Staying closely attuned to the exchange could unveil further opportunities for airdrops.

Have you tried ATHENE network? They're already partnered with Bitget...

[XTRAVAGANZA]

15 hours ago, Imam said:

Have you tried ATHENE network? They're already partnered with Bitget...

Yeah, i was thrilled to know that Athene is partnered with Bitget, cos to be honest, OKX made a bit of mess especially with the ICE airdrop. 

Im looking forward to the listing of ATH token on bitget come second Q2 of this year.  

[Imam]

On 31/01/2024 at 17:23, XTRAVAGANZA said:

Yeah, i was thrilled to know that Athene is partnered with Bitget, cos to be honest, OKX made a bit of mess especially with the ICE airdrop. 

Im looking forward to the listing of ATH token on bitget come second Q2 of this year.  

Yup ATH listing on Bitget is imminent but the app(Athene) needs improvements! I hope they're working to fix.