You can see a truth that many people overlook:
Notcoin started with a market cap of around $955 million.
DOGS had an initial market cap of about $865 million.
HMSTR began with approximately $638 million.
Ice started at only $4 million.
Ice rewarded users generously, while HMSTR offered far less. Yet, interestingly, HMSTR raised much more capital than Ice.
Why did this happen?
Ice has around 6.8 billion tokens, with only a few users mining large amounts. This is in contrast to Hamster.
Ice was underfarmed, while Hamster was overfarmed.
The takeaway:
If you're looking to make significant gains from airdrops, avoid putting your hopes entirely on popular, trending projects. These projects tend to get overfarmed quickly. Instead, focus on legitimate, underfarmed airdrops and invest your time and effort there.
Keep in mind that many projects trend simply because they pay influencers, not because they offer real value.
I hope this strategy makes sense!
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