Total value of crypto airdrops this year reached $4.5 billion, compared with $7.4 billion in 2022.<\/p>\n
Cryptocurrencies have rebounded this year versus last year\u2019s bear market, but airdrops are still lagging.<\/p>\n
Web3 projects have distributed $4.56 billion worth of tokens, valued at their all-time high, a 40% drop from 2022, according to Coingecko.<\/p>\n
Despite this year\u2019s drop, 13 of the top 50 airdrops took place in 2023, with Arbitrum<\/a> leading this year\u2019s airdrop ranking at $1.9 billion, landing in 4th place all-time. <\/p>\n The ARB token was distributed to users of the Arbitrum network in March, with its all-time high peaking at $8.67 during the same month. The token has dropped 85% since the airdrop trading today for $1.36, with a market capitalization of $1.37 billion.<\/p>\n The second-largest airdrop was Celestia<\/a>\u2019s token launch. The Layer 1 chain distributed $728 million of TIA tokens this year. The TIA token has gained 480% since its airdrop, from $2.08 to $12.17 today and $1.77 billion in market cap. <\/p>\n Last year saw the most \u201cfree money\u201d given away, with $7.46B distributed, according to Coingecko. The figure is only slightly higher than previous years, with $7.43B and $7.28B airdropped in 2021 and 2020, respectively.<\/p>\n The biggest airdrop last year was Apecoin, which gave away $3.54 billion in APE tokens, ranking second for most value distributed. Since the airdrop, APE has dropped 80% in price, trading today for $1.72, with a $630 million market cap.<\/p>\n BONK, a token that has been enjoying<\/a> a recent surge in price amid ongoing Solana season<\/a>, commanded second for most value distributed. It gave away $1.32 billion, and the token is up 22,000% this year.<\/p>\n Automated market maker Uniswap has been the biggest airdrop in history, with $6.4B worth of UNI distributed on Sep. 16.<\/p>\n <\/p>\n Start for free<\/a><\/div>\n <\/p>\n Other notable airdrops this year were Blur<\/a>\u2019s, although the project produced two different airdrops handing out $818M total; and Jito, a project that distributed $312M, briefly<\/a> overtaking Lido\u2019s valuation on launch.<\/p>\n For those on the lookout for upcoming airdrops, points have become the main bellwether. Rainbow<\/a>, a non-custodial wallet, has announced a points system to reward MetaMask users. Jito<\/a> has also recently announced a points system, as well as MarginFi, and Orbiter.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" Total value of crypto airdrops this year reached $4.5 billion, compared with $7.4 billion in 2022. Cryptocurrencies have rebounded this year versus last year\u2019s bear market, but airdrops are still lagging. Web3 projects have distributed $4.56 billion worth of tokens, valued at their all-time high, a 40% drop from 2022, according to Coingecko. Despite this […]<\/p>\n","protected":false},"author":2,"featured_media":215895,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-224484","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/224484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=224484"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/224484\/revisions"}],"predecessor-version":[{"id":224485,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/224484\/revisions\/224485"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/215895"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=224484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=224484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=224484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}ARB and TIA<\/h2>\n
Apecoin and BONK<\/h2>\n
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