A crypto airdrop is a method of distribution used by projects to reward users who participate in the early stages of its protocol or complete specific related tasks. The airdrop acts as a method of marketing to gain new users by providing incentives to participate in the protocol and also can serve as a method of testing.
Most crypto airdrops are confirmed ahead of the distribution by the team. However, a handful of prominent projects also release airdrops for active participation in the protocol without notifying their community beforehand – providing a free token airdrop surprise.
With everybody waiting on free token distributions, here are the top five crypto airdrops for 2024.
The top five crypto airdrops for 2024
- Smog Token: A buzzing meme coin bringing the biggest airdrop event to Solana.
- eTukTuk: An affordable EV ecosystem that’s running a free airdrop campaign.
- MetaMask: One of the most hyped elusive airdrops incoming in 2024 for crypto.
- Renzo Protocol: A liquid restaking token, distributing free tokens through an airdrop.
- GLIF: A Filecoin borrowing and lending platform with a hinted airdrop.
1. Smog Token
Smog Token ($SMOG) is a newly launched Solana-based meme coin causing a buzz on the network as traders await the ‘greatest SOL airdrop of all time.’Smog Token launched fairly on Jupiter DEX at the start of February 2024, and it allows its users to buy and hold $SMOG to earn airdrop points and qualify for a historic airdrop.The project also hosts a Zealy campaign which allows users to accumulate more airdrop points for free by completing specific tasks, such as following Smog Token on Twitter and joining its Telegram channel.
Investors are lining up to participate in this airdrop as the team has set aside 35% of the entire supply to facilitate the event.
The hype behind the project is demonstrated in the fact that over 200,000 Zealy campaign quests have been completed, showing that the community is keen to get positioned in this free airdrop token distribution.
Smog Token is described as the most rewarding token on the Solana network and promises an unparalleled airdrop spectacle, providing an equal opportunity for everybody to join.
With its hype building, this is undoubtedly an airdrop not to be missed. You can buy $SMOG on the project’s website using $ETH, $USDT, or a credit card. Alternatively, it can be purchased on Jupiter DEX using $SOL.
2. eTukTuk
eTukTuk ($TUK) is another promising crypto airdrop to prepare for in 2024, as the project has set aside a whopping 4 million $TUK tokens for its airdrop event – worth around $300,000.
eTukTuk is an automotive project that aims to bring sustainable transportation to the developing world through affordable EV solutions.
The project has developed a groundbreaking three-wheeler EV designed to replace the traditional tuk-tuk in developing countries. It also has a charging infrastructure that rewards $TUK holders when drivers charge their vehicles.
eTukTuk is bringing awareness to its fundraising through its airdrop, which requires users to sign up to the ‘eTukTuk Station’ and complete quests and actions to rank higher on a leaderboard.
The actions include referring friends, following eTukTuk on Twitter, and quizzes on popular protocols like Cardano.
With its groundbreaking EV ready for production in the coming months and an airdrop campaign ongoing, this isn’t an opportunity to be missed, with many expecting huge returns for early $TUK buyers.
3. MetaMask
MetaMask is one of the most popular cryptocurrency wallets in the industry, and its highly rumored airdrop has been one of the most elusive events in the cryptocurrency sector.
Since its launch in 2016, users of the MetaMask wallet have speculated that the project would distribute tokens to its community every year. Still, the entire industry is waiting for its elusive airdrop.
Experts believe the MetaMask airdrop will be one of the biggest events in crypto and would likely be a billion-dollar airdrop.
Although unconfirmed, users are interacting with actions on the MetaMask wallet – such as swapping tokens through its interface and interacting with dApps – to increase their chances of being eligible for the airdrop.
While we can’t confirm it’s coming in 2024, it’s undoubtedly an airdrop you don’t want to risk missing out on.
4. Renzo Protocol
Renzo protocol is a restaking protocol allowing users to restake their ETH through its EigenLayer to earn additional rewards.
The project underwent a successful fundraising round, allowing it to attract over $3.2 million in seed through Maven 11 – putting its valuation at $25 million.
A restaking protocol like this allows users to deposit their ETH into staking to receive ezETH, which can then be utilized in other DeFi applications to attract further yields.
Renzo Protocol is another unconfirmed airdrop, but users are connecting to the platform and restaking ETH in case the $25 million airdrop is distributed to participants.
5. GLIF
GLIF is the final airdrop to prepare for in 2024. The project offers liquid leasing, which allows Filecoin holders to earn a yield on their idle tokens.
GLIF recently underwent a seed funding round, which helped it raise over $4.5 million through Multicoin Capital. The project has been running on the Filecoin Virtual Machine for some time and has one of the largest TVL on the network.
The fundraising will help GLIF expand its liquid leasing options, allowing them to open their own points program, with investors believing an airdrop is incoming.
While the GLIF airdrop is unconfirmed, a new Filecoin borrowing and lending platform has confirmed an airdrop through its testnet. FILLiquid allows $FIL holders to deposit $FIL to lend directly to storage providers, helping expand storage capacity on Filecoin.
The project recently opened a testnet, which provides a free airdrop token distribution for those participating.
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Content Source: economictimes.indiatimes.com