$NOT initial market cap: Around $945 million
$DOGS started with: Around $875 million
$HMSTR had an initial market cap of $615 million
Ice’s initial market cap: A modest $5 million
Current Price: 0.005425 USDT
-9.87%
Let’s dive into a critical insight that often goes unnoticed:
What does this teach us?
Ice generously rewarded its community, while Hamster provided relatively small returns, despite having significantly more financial backing. Here’s the reasoning behind it:
Ice had an enormous supply of around 7.1 billion tokens, but not many people mined them.
On the flip side, Hamster saw excessive farming activity, quickly saturating the market.
Key Takeaways:
Ice was underfarmed, leading to greater rewards for participants.
Hamster was overfarmed, which diluted potential gains.
If you want to capitalize on airdrops, don’t just follow what’s trending—these projects often attract too many participants and get overfarmed. Instead, focus on airdrops that are under the radar and less exploited for higher rewards.
Also, be mindful that many of these trending tokens gain popularity not because of their inherent value but because they paid influencers to hype them up.
Take this strategy to heart, and good luck navigating the crypto space!
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