I get the feeling theirs a lot of new money getting into the project since the 2 new listings, and the airdrops structure makes it also really well done to drive sales of tokens as well to unlock the airdrop which i think was a really smart way of handling it
You can check up market cap of Covalent on crytorank for daily trading volume and market cap. They got listed on cryptorank a few weeks back.
Btw bitcoin and most altcoins prices has been going up, Since COVA is listed, its volume and price would keep pumping. Its best time to get more cova tokens because its low.
COVA Airdrops was a nice idea from the team. It helped build a solid community. Btw I think there should be a way to keep airdrop in check to prevent price dump by airdrop hunters.