Cryptocurrency investors are seeing significant returns from airdrops, with some earning up to $50,000 by selling at optimal times. Tokens like DYDX, ARB, and ENS have provided these substantial profits, while even meme coins such as BONK Coin have presented lucrative opportunities. The focus now shifts to potential airdrops scheduled for June.
Where to Hunt for Airdrops?
Investors well-versed in using decentralized wallets often engage with networks in their testnet phases or trial period applications. These early adopters sometimes encounter scammers but can also benefit from substantial airdrops. A prime example is DYDX, which unexpectedly rewarded early DeFi platform adopters with tokens worth thousands of dollars after a long period without airdrops.
What Are the Expected Airdrops?
Numerous networks and applications are anticipated to distribute airdrops, though their exact timing remains unclear. Some airdrops are pre-announced, providing investors with opportunities to prepare. Here’s a look at the campaigns expected in June.
eBTC
eBTC has launched a campaign in collaboration with Lido, offering rewards in Lido Staked Ethereum (stETH) to those who lend ETH or BTC to receive eBTC. While the rewards, determined by June 23, won’t be substantial, the campaign aims to offset transaction fees with added incentives.
Dyson Finance
Dyson Finance, a decentralized exchange on the Linea network, plans to distribute Oath of Authenticity Tokens (OAT). Users must complete tasks announced by Dyson Finance to earn governance tokens. These tasks, aimed at boosting social engagement, include verifying on Discord and joining the official Telegram channel.
Kinetix
On the Kinetix platform, users can earn tokens by completing various tasks via Galxe. Actions such as leveraged transactions above $1 and engaging with social media accounts are required. Each task completed will reward the user with an OAT.
Key Takeaways
Investors can maximize their earnings by:
- Engaging early with decentralized wallets and trial applications.
- Staying informed about pre-announced airdrop campaigns.
- Completing platform-specific tasks to qualify for airdrops.
Conclusion
Airdrops continue to offer substantial profits for savvy cryptocurrency investors. By staying alert to pre-announced campaigns and actively participating in various tasks, investors can capitalize on these opportunities effectively.