Post
Topic
Board Service Discussion (Altcoins)
Re: How can you be profitable with airdrops?
by
libert19
on 25/08/2024, 04:25:13 UTC
my question is actually how can you actually be profitable with airdrops? i personally have not participated in one (yet, i am very interested in doing so) so i have no idea how many tokens are given for free for each address? is it just one or two? if so, how is that profitable when a lot of projects don’t even reach $1 and it will just be luck if it reaches three digits.

i got curious because in that post i saw, many said that you can earn two to three digits (in us dollars) with airdrops so how are you profitable if you have 5 tokens from airdrops and its ath reaches just about a dollar?

Can't tell you how to be profitable with airdrops because they are all luck.

Regarding how many tokens are given to airdrop participants, it depends on total supply of particular coin/token and how much of total supply is allocated for community airdrop. For example, some project may have 100M total supply, 10% (10M) allocated for community then rough estimation would be that participants will receive hundred to few thousands tokens each.

In determining price many factors are involved, there is no telling what could be the price.