2 AIRDROPS WILL GIVE AWAY MORE THAN US$625 MILLION IN CRYPTOCURRENCIES
Sonic and Jupiter, two prominent projects in the #solana ecosystem, are preparing token distributions totaling an impressive US$625 million.
The cryptocurrency market has 2 airdrops announced for the month of January. Sonic and Jupiter, two prominent projects in the Solana ecosystem ($SOL ), are preparing token distributions totaling an impressive US$625 million.
These #airdrops offer a unique opportunity for users to earn cryptocurrencies quickly and easily. Let's understand how you can take advantage of these opportunities.
The first major airdrop comes from Sonic, a Layer-2 gaming network built on the Solana blockchain. Sonic will distribute 168 million $SONIC tokens, which represent 7% of its total supply. This airdrop will be exclusive to users who engaged with the SonicX game on TikTok.
The game has been integrated directly into the video platform, and those who participate will be rewarded with Sonic tokens.
The distributed tokens will be non-tradable at first, with only 15% of their amount being made available for trading immediately after the airdrop. Sonic, which raised $12 million in a Series A funding round last year, has also formed significant partnerships, including with staking protocol Solayer.
Jupiter: $625 million “JUPuary” airdrop
The second major airdrop comes from Jupiter, an aggregator of decentralized exchanges also within the Solana ecosystem. Dubbed “JUPuary,” the event will distribute 700 million $JUP tokens, with an estimated value of $625 million.
The distribution will be based on interactions with the exchange platform, and users will be rewarded with tokens based on their transaction volume.
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