46% of Biggest Airdrops Hit All-Time Highs in 2 Weeks4.6 | by Nicholas BoeyUpdated February 26 2024When Is the Best Time to Sell Airdrops?
23 out of the 50 biggest airdrops (46%) recorded peak token prices during the first 2 weeks of their airdrop date. This suggests that the best time to sell airdrop tokens may be within 14 days of receiving them, in order to take maximum profits.
Airdrop tokens that reached their highest price returns in the short term include Ethereum Name Service (+73% by day 2 of trading), X2Y2 (121% by day 2), Blur (+90% by day 6), LooksRare (+192% by day 10), and ArbDoge AI (425% by day 14).
Among the more recent airdrops, Jito (+43% by day 2), Wen (37% by day 3), Dymension (+75% by day 10), Manta (+72% by day 12), and Heroes of Mavia (+217% by day 13), were also most profitable for recipients if they sold shortly after the airdrop. That said, these airdrops have only been trading for several weeks, and it remains to be seen if their token prices will increase to new highs.