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#AirdropGuide What Is a Crypto Airdrop? A crypto airdrop is a marketing strategy where Web3 startups directly deposit digital tokens into the wallets of active blockchain community members as a gift. In an airdrop, you would open your crypto wallet and the airdropped item would magically be there For example NFT marketplace Looks rare airdropped its token to users who had completed transactions via OpenSea, the leading platform in this sector. Since airdrops can target early supporters, existing members or highly engaged users of a project, developers need to figure out which route will attract the audience that can contribute most to the project at its unique stage and how to best incentivize the public to want to learn more. “The goal with an airdrop is to give long-term value to the people who receive the airdrop How Do Crypto Airdrops Work? Once a startup decides that an airdrop is the way to go, the first step toward making it happen is to launch a public campaign. Most commonly, widespread outreach is achieved across forums and social media platforms such as Discord and Twitter. Ideally, the news energizes commotion around a platform’s debut or a newly launched feature — as well as the size of the prize. As the campaign picks up traction, companies compile a list of potential token recipients. This can be done in different ways, such as collecting the wallet addresses of interested parties or snapping a screenshot at a set point in time to qualify a users’ eligibility by specified, metric-based criteria. If an airdrop is specified to users of a platform prior to September, for example, then the screenshot would include the wallet addresses of active users from that designated timeframe. After determining a batch of recipients, companies typically facilitate the airdrop through a smart contract, or a self-executing program that automates transactions. This program transfers tokens from the company’s treasury wallet and distributes it to select participants, with no action required on the recipient’s end.

Ondo (ONDO) Ondo is in prime time, where its value has been continuously bullish since February 2024, creating higher and higher peaks. The altcoin has recently reached an all-time high target of $1.48 and is under consolidation following the Bitcoin price drop. However, the bulls are still active for Ondo, and the price may gain a quick recovery following the months of the rally. At the time of writing, the ONDO price is $1.22, which is just 17% away from the ATH, making it easier for recovery.

io.net (IO) $IO IO was launched just three days ago and instantly gained investors’ attention. It is the native token of io.net, which is a decentralized Artificial Intelligence computing network. Because of that, the hype almost immediately caused its price to surge as high as $6.45. Though the altcoin has drifted 18% away from that and is at $5.29, there is a high chance of it surging again, according to the analysts. Before the ongoing market drop situation , the days were quite bullish for cryptocurrencies, where many alt coins flourished to new all-time highs. The same can happen again once the market trend shifts. #ionet #io.net #altcoins

Notcoin(NOT) $NOT Once again, the Not coin began rising following its previous rally, where it set an all-time high of $0.02896 at the beginning of the month. It is trading at $0.01969 and has gained some hike even in this declining market, indicating surging demand for this altcoin among investors. As per analysts, the Not coin price might rally up to 75% in the upcoming days once the overbuying phase is over #Notcoinnews #NOTCOİN

$BONK Bonk is a dog-themed meme coin designed specifically for the Solana ecosystem, aiming to be a community-centric digital currency. An analysis of daily charts shows the BONK price leading its current recovery under the influence of rising channels. The two ascending trendlines maintain the higher-high and higher-low formation in BONK and prevent the holders from a more major correction. However, with the BTC price struggling to surpass $71000, the BONK price struggled to maintain momentum and reverted sharply from the $0.0000445 resistance. The fresh correction tumbled the asset 48.3% to hit $0.000023, while the market cap recorded at $1.6 Billion. With sustained selling, the BONK price could plummet another 20% to retest the ascending trendline around $0.0000186. The crucial pivot level could replenish the bullish momentum and prepare the buyers for another reversal. #BONK🔥🔥 #altcoins

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