The year 2024 is an explosive year for cryptocurrency airdrop programs, as major projects distribute rewards totaling over 19 billion USD. Here is the list of the top 5 #Airdrop most prominent airdrops, along with essential details not to be missed.
1. Hyperliquid: $10.84 Billion USD
Hyperliquid has taken the number one position thanks to distributing 31 million HYPE tokens to network users in November. Initially, these tokens were valued at 1.6 billion USD, but quickly rose to over 10.8 billion USD in just a few weeks.
#Hyperliquid is a layer-1 blockchain network optimized for high-speed DeFi transactions, with its main application being a decentralized exchange (DEX) supporting futures trading and leverage up to 50x.
2. Starknet: $3.09 Billion USD
Starknet – Ethereum's layer-2 scaling solution – has released 700 million tokens $STRK this year. These tokens are not only used for governance but also as staking rewards for transaction validators.
Notably, Starknet is expanding its 'zero-knowledge rollup' technology to Bitcoin as well, promising strong growth potential in the future.
3. Pudgy Penguins: $3.064 Billion USD
The famous NFT project Pudgy Penguins has launched the PENGU token, expanding its ecosystem from Ethereum to Solana. Nearly half of the 88.88 billion $PENGU has been distributed to the NFT community, including collectors from Board Ape Yacht Club and Doodles. With a market value exceeding 500 million USD, Pudgy Penguins is becoming an icon in the NFT space.
4. Notcoin: $2.274 Billion USD
Notcoin, the largest gaming token of 2024, released 80.2 billion NOT on the $TON platform in May. This event quickly attracted hundreds of millions of players to participate in 'tap-to-earn' games, expanding the TON community.
Although this gaming model is controversial, it remains a significant boost for the development of TON.
5. Jupiter: $2 Billion USD
The DEX aggregator Jupiter on the Solana platform distributed 1 billion JUP tokens in an airdrop earlier this year, with plans to release an additional 3 billion tokens in the future. As one of the largest DeFi projects on SOL, Jupiter has achieved a total trading volume of over 2 trillion USD.
Other Notable Airdrops
In addition to the top 5 mentioned above, many other projects have also organized airdrop programs worth over 1 billion USD, such as:
• Movement Network: 1 billion MOVE tokens worth 1.5 billion USD.
• ZKsync: 3.7 billion ZK tokens worth 1.2 billion USD.
• Eigenlayer: 200 million EIGEN tokens worth 1.1 billion USD.
• Wormhole: 617 million W tokens worth 1 billion USD.
Conclusion
The year 2024 marks a strong comeback for the cryptocurrency market, as projects continuously create momentum through high-value airdrop programs. If you haven't participated yet, now is the time to learn and not miss this 'once-in-a-lifetime' opportunity!