The US elections have a significant impact on the global economy, including the cryptocurrency market, which experiences significant volatility during election periods. This is due to the key role the US plays in shaping financial and regulatory policies worldwide. In this article, we will discuss how the US elections can impact the cryptocurrency market and what factors play a role in determining this impact.

**What is Airdrop in the world of cryptocurrencies?**

An airdrop is a marketing strategy used in the cryptocurrency world to distribute free cryptocurrency or digital tokens to a group of users, often as a way to raise awareness of a new project or to promote the community of the coin or project associated with it. These coins or tokens are typically distributed to people who own a particular coin, or through participation in marketing campaigns such as following the project on social media or joining a particular group.

Burning cryptocurrency is the process of reducing the total supply of a currency, thereby increasing its scarcity and potential long-term value. This is done by sending a certain number of coins to an unusable and unreachable address, called a “burn address,” making those coins completely untradable. Coin burning is not new to the world of cryptocurrencies, and is used by many projects as a strategy to reduce inflation and support demand for the currency.