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?
The question is, op, when did airdrops disappear from the crypto space? Have those who conduct this stopped on this forum or any social media platforms? Doesn't it still continue to this day in the field of crypto space?
Airdrops are even now becoming a dangerous place for most people who don't know anything about this industry field, because it's even becoming a gateway for scammers, phishing, and hacking, right? I rarely see legit airdrops, but there are tons of what appear to be airdrop programs in the crypto space, especially on Facebook. So extra caution is needed for people like this in this era?