With regards to the distribution of ALT token claim which began yesterday at 12:00PM with 300 million tokens distributed for the first batch of the Airdrop event valued at approximately $96m at the price of $0.32 per token, there has been excitement as to whether Airdrop season is back as Multi-layer roll-up distributor Dymension is also planning to launch its mainnet in coming days with 70 million DYM token allocated for the Airdrop event.
What captivated my interest was the drastic surge in the mcap of ALT after launch. With market cap currently around $365M and FDV of over $3B. It's important to note that only 3% of ALT total supply of 10B token was airdropped with top addresses claiming 1.29M and 1.19M tokens worth $420k and $388k respectively at the price of $0.32.
With the current positive price action, this proves that investors are Keen about the project hence the continuous surge in price since listing. Several top Cex have already listed the token on their platform leaving me with the question if ALT is worth investing in?
Earning money from airdrop is not easy Many people may think that earning money from airdrop campaign is very easy. In my opinion earning money from airdrop campaigns is a lot of patience and luck if anyone can't airdrop then you have to constantly work on airdrop campaigns to earn. There have been several airdrop campaigns where people have made a lot of money. But anyone who wants can join good airdrop campaign if they have time.
ALT token we saw listed on some good Cex exchanges yesterday. $0.006 listing to $0.355 resulting in a 5600+% price increase. But I don't know what will happen in future but if you can invest at your own risk then you can invest.