It really is insane and to me is an indicator that we most likely at peak prices rite now. I mean if this isn't a sell signal what is. Also to highlight i joined a few of these airdrop groups yesterday and it is totally insane, i honestly cant believe how easily people get scammed. Just to put some perspective  in one telegram group i joined yesterday people gave some dude with coin name called bananas for apes  20 ether to provide liquidity and for transaction costs for sending the airdrops. And when he put up a zip file on the group for who would be airdropped the coins people started fighting for the next 20 mins because everyone was to scared to open it. I mean at that point you really have no one to blame but yourself.

All of these are capitalizing on The Meme, few, Many airdrops.

Just shows how much DEfi is like the ICO craze from 2017 with people sending money based on copy/pasted whitepapers