There's an important lesson hidden in plain sight:

Notcoin’s initial market cap: ~$955 million

DOGS’ initial market cap: ~$865 million

HMSTR’s initial market cap: ~$638 million

Ice’s initial market cap: ~$4 million

What’s the takeaway?

While Ice rewarded its users generously, HMSTR did the opposite, despite having significantly higher funding. Here’s why:

Ice has around 6.8 billion tokens, but relatively few users mined them.

Hamster, however, was overfarmed, leading to diminished rewards.

Key insights:

Ice was underfarmed, making it a better opportunity for early participants.

Hamster’s overfarming resulted in less value for those involved.

If you're aiming to profit from airdrops, avoid jumping on overly hyped projects that tend to get overfarmed. Instead, focus on genuinely underfarmed airdrops for better returns. Keep in mind, many trending projects gain attention mainly due to influencer promotions, not necessarily due to long-term value.

Understanding this strategy could improve your chances of success! Best of luck!

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