Breaking down the DeFi airdrops that netted Ethereum users an average of $20,000 in 2020
BTC $32,598 (+0.3%) • ETH $1354 (+1.9%) • DOT $17.11 (-3.2%)
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Author: Nick Chong
I’m not too sure about you guys but one of the most fascinating things I’ve seen in DeFi is airdrops.
In 2017, airdrops were all the rage. But often the case, all users did was dump them, and most of the time, they weren’t worth all too much.
But this has changed with the introduction of decentralized finance. Airdrops have become extremely sizeable for all users and there have been investors holding their coins as sometimes, holding the airdropped coins performs better than selling them right away for Bitcoin, Ethereum, or stablecoins.
I recently broke down the top airdrops of 2020 (though one was in 2021) and what effect they had on Ethereum DeFi users.
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