Can I 10x My Airdrop? Two Coins for Starting My Journey.
After watching the lackluster performance of recent airdrops, I am insta-selling most of the airdrops I receive. Now, I want to be aggressive and try to 10x this ‘found’ money.
What if you could make enough money to pay your rent and car payments for three months without risking any of your hard-earned money? Well, crypto is among the only places that handsomely reward platform users with airdrops. Over the past couple of years, there have been massive airdrops: Arbitrum, Jito, Wormhole, Jupiter, Optimism, Ordinals, zkSync, EtherFi, Parcl, and Drift are just a few that have paid handsomely to early adopters.
Unfortunately, these airdrop tokens have underperformed after launch for the most part. A combination of challenging tokenomics, unrealistic initial market caps, frustrated recipients, and lack of overall market liquidity has prompted airdrop receivers to dump and give pause to new project investors.
After watching these projects slope down and to the right, I have decided to sell most of my airdrops as soon as I get them. Selling immediately may prove to be a bad decision. I remember the last bull market when I thought I was a genius for selling my Uniswap airdrop for $5/UNI…