Nearly Half of Crypto Airdrops Peak in Value Within 2 Weeks, Reveals CoinGecko Study
A recent study by CoinGecko highlights the fleeting nature of crypto airdrops' value, with 46% reaching their zenith within the first fourteen days. This analysis, encompassing 30 notable airdrops from 2019 to 2021, sheds light on the rapid valuation changes in the crypto space, suggesting a quick sell-off might be wise. However, it also underscores the potential of airdrops as a lucrative, albeit short-lived, investment opportunity. While the initial surge in value is tempting, the study advises caution, indicating that not all airdrops maintain their peak worth long-term.