I still do airdrops but not random like before, Do only airdrops from legit big profits which pays participants well at the end of the program and their is no risk of scams or hack.
Actually because of bear run is underway, people don't invest much and thats why less legit projects are launching their coin with less bounty or airdrop. This is very common issue during bear run in market but i hope if bull run come, then People will raise up their investment. Then various project will try to promote themself as well as they'll spent more money for bounty and airdrop to get highlighted. Till then, things will be same as now
I think investors are still investing in new projects not just hoping for a bull market. Because bulls are an uncertain market so smart investors don't always come into it. Moreover now we mostly refrain from airdrops but some new projects are distributing free tokens where the opportunity is available only to the investors of that projects.