In the world of Crypto people often expect far bigger airdrops and sometimes these airdrops can be highly valuable. Solana is one of the chains where we have seen some airdrop happen in the past but Cosmos is the leader however is still there is a lot of action and people are putting so much time and energy into making the most out of the available opportunity. Recently we have seen how the Jupiter Airdrop has been in the news and some people have made massive amounts of money through this airdrop. Undoubtedly it requires a certain strategy to participate and people also hold multiple wallets to increase the airdrop count which itself is a skill that many people need to learn.
Talking about this airdrop and coin price I think because of more hype the price has grown significantly and whoever has not sold off in the beginning must be happy with the current price growth. So far this is the biggest airdrop on the Solana blockchain network and the total value is over $700 million at the time of distribution however now that the price is up this value has also increased and could be valued at more than one billion or something.
One of the biggest token airdrops ever on the Solana (SOL) blockchain appeared to execute largely without major issues Wednesday with the chain staying upright as Jupiter started distributing roughly $700 million worth of its JUP token to nearly a million wallets.
Sharing here the price chart for the Jupiter token and you can see that the trend is on the higher side however it is hard to predict how it will be in the next couple of days and usually new projects are at higher risk as far as investment is concerned. I don't recommend or advise any sort of investment but if you think it is one of the projects where the value can bring better returns on the investment then you can consider it.
Now the time for airdrop is already over however if you are the one who has got this coin as part of the airdrop then you must be happy and undoubtedly you did a great job by doing whatever is needed to be eligible for the free tokens.
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Interesting article, this is just profit that is shared by a coin, but behind all this we have to be careful, because there are also airdrops that are scams, whose aim is to hack our account, therefore we have to be careful when accepting airdrops.
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Good explained about JUP Token Airdrop to Solana Wallets.Thanks for sharing this.
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thanks a lot
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I have never used Jupitarswap I am No Eligible from Jup Airdrop, so very disappointed,
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Very good article on jub. I actually missed out on jub coin airdrop but it made those that did everything required worth it.
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Airdrop always a chance for everyone to get token or coin free. Thanks for sharing this news.
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Indeed and its good to have when possible
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This is a great airdrop. The opportunity to earn new tokens through solana's airdrop is really amazing.
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Yes you are right
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I have a Solana wallet but I did not know about this airdrop your explanation can help me a lot. Thank you for sharing valuable information here. solid read.
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even I am not the lucky one mate.. but its ok as there can many other opportunities
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