Original author: Crypto researcher Defi_Mochi Stacy Muur
Original translation: Felix, PANews
In 2024, major projects launched airdrops one after another. Based on the summary information of crypto researchers Defi_Mochi and Stacy Muur, this article consolidates the price performance of 11 tokens after this year's TGE (Token Generation Event).
Price performance of some tokens after TGE; Source: Stacy Muur
Jito(JTO)
Airdrop: 10% of the 1 billion total supply (100 million)
Current Circulation: 121,958,742 tokens
Price performance since launch: Up 149% from $1.49
High ROI (most stakers are eligible to receive 4900+ tokens)
Airdrop method:
80% allocated to jitoSOL stakers ---> A higher proportion allocated to SOL stakers
Since the airdrop qualification criteria favors low SOL stakers, it is more likely to be a Sybil
TVL and metrics are growing healthily
Athena Labs(ENA)
Airdrop: 5% (total supply is 15 billion, airdrop 750 million)
Current Circulation: 1,479,139,274 tokens
Price performance since launch: Up 73% from $0.52
DeFi users have extremely high returns on investment
Airdrop Method
5% of the total supply will be airdropped, 50% will be initially unlocked to the top 2,000 users and YT token holders of Pendle, and the remaining 50% will be unlocked linearly over 6 months. 3% of the total supply of this airdrop, accounting for 0.15% of the total token supply, will be distributed to SchizoPosters and Redacted Remilio Babies series NFT holders.
Highly consistent with protocol indicators--> TVL reached a new high of 2.7 billion during the S 2 event
DeFi-favoring airdrops drive sUSDE adoption
friend.tech(FRIEND)
Airdrop: The current total supply is 93,884,904, 100% airdropped to the community
Down 64% since launch at $3.08
The overall return on investment is low for key holders and buyers
Airdrop Method
Airdrop all tokens to community members and launch V2 and Club at the same time
Users can claim the remaining airdrops by joining the Club, etc.
Price discovery is average
Jupiter(JUP)
Airdrop: 1.35 billion (13.5% of total supply of 10 billion)
Price performance since launch: Up 51% from $0.66 USD
For most users of the platform, the return on investment is moderate
Overall, JUP’s airdrops were in line with the key metric the project cares about most (trading volume). With strong partnerships and products like jupSOL and launchpad, JUP has been a huge success overall.
Wormhole(W)
Initial airdrop: 617 million W (6% of total supply).
Initial airdrop value: $1 billion
Current value: $345 million
Initial price vs current price: -64%
AltLayer(ALT)
Initial airdrop: 300 million ALT (3% of total supply).
Initial airdrop value: $90 million
Current value: $110 million
Initial price vs. current price: + 28%
ether.fi(ETHFI)
Initial airdrop: 60m ETHFI (6% of total supply).
Initial airdrop value: $202 million
Current value: $300 million
Initial price to current price: + 47%
Polyhedra Network(ZK)
Initial airdrop: 150 million ZK (15% of total supply, unlocked linearly over 36 months)
Initial airdrop value: $480 million
Current value: $210 million
Initial price to current price: -43.8%
ZetaChain(ZETA)
Initial airdrop: 31.5 million ZETA (1.5% of total supply).
Initial airdrop value: $52 million
Current value: $47.5 million
Initial price vs current price: -10%
Renzo(REZ)
Initial airdrop: 700 million REZ (7% of total supply).
Initial airdrop value: $105 million
Current value: $94.5 million
Initial price vs. current price: -6.3%
Notcoin(NOT)
Initial airdrop: 80 billion NOT (80% of total supply).
Initial airdrop value: $466 million
Current value: $413 million
Initial price vs current price: -17%