Airdrops update! 3 new airdrops received! $100 of free money!

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Update on the airdrop scene

It's been a little quieter on the Solana airdrop front since I last posted on the subject three weeks ago (https://leofinance.io/publish?edit=miniature-tiger%2Fwhat-i-have-learned-about-airdrops-in-the-last-two-weeks-free-money-successes-and-failures).

I'm putting this down to the Solana hackathon. Most Sol environment devs have probably been busy putting together hackathon entries. Still this could lead to a flood of new tokens to back these projects in the coming weeks!

3 new airdrops received!

I did manage to obtain three airdrops over the last three weeks:

boring.png
https://twitter.com/BoringProtocol

Boring Protocol

  • A decentralised VPN built on Solana.
  • This was a COPE airdrop.
  • 6,250 tokens.
  • Current airdrop value $37.50.

vcc.png
https://twitter.com/vcc_finance

VCC Finance

  • Decentralised venture capital on Solana.
  • No coin holding requirements.
  • 600 tokens.
  • Current airdrop value $0.30.

parti.png
https://twitter.com/ParticleFinance

Particle Finance

  • More DeFi. A high APY vault ecosystem on Solana.
  • No coin holding requirements.
  • 330 tokens.
  • Current airdrop value $30.69.

As noted in my previous post, the airdrops with prior coin holding requirements seem to produce higher valuations. PARTI being the exception here.

Overall airdrop table from the last month

I've cut this down to successful airdrops only. There are quite afew I applied for and got nothing.

ProjectTokenAmountCurrent ValueATH Value
FabricFAB3,800$76$304
KermitKERMIT395$4$24
PigeonPGNT250k$0.5$7
EcoPooECOP3$0$0
Boring ProtocolBOP6250$38$125
VCC FinanceVCC600$0.3$?
Particle FinancePARTI330$31$594

Thoughts

I'd take some of the ATHs with a pinch of salt. The liquidity on all these tokens tends to be low - particularly early on when the markets are still being established.

My tactic so far has just been to just hodl. I may reevaluate that and sell very early if the value of an airdrop looks overblown early on.

Meme coins still look like more trouble than they are worth. Waiting for one of them to take off!

All free money in any case!

Don't forget!

Beware of scams!

Always be on the lookot for scams. These come in many forms:

  • Rug pulls once the token is launched.
  • Attempts to collect personal info. I wouldn't share phone numbers or email. Don't ever share your private keys, passwords, seed phrases etc!
  • BE CAREFUL where you connect your wallet!

As always:

Not financial advice.
I'm not linked to any of these projects.
Nor have I done any real research into them.
Do your own research.

Good hunting!

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4 Comments
Ecency