📉 #CryptoNews: Of the 30 tokens listed on Binance in 2024, only Jupiter's JUP has increased by 21.2% since January 31, with an FDV of around $8 billion. 🚀
🔹 Jupiter is a Solana-based DEX, attracting $610 million TVL, the largest airdrop in Solana history with $700 million JUP.
🔻 Most other tokens are down more than 50%, the worst is AEVO which is down 90% since March.
💡 Problems with airdrops: Most airdrop tokens have lost value sharply, unclear allocation methods cause frustration.
📉 Crypto market also lost $510 billion in capitalization on August 5.
👉 What do you think about the airdrop model? Comment! 💬