Exciting Crypto Airdrops to Watch in 2024

Exciting Crypto Airdrops to Watch in 2024

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By Jakub Lazurek

25 Jun 2024 (17 days ago)

2 min read

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Get ready for 2024's most anticipated crypto airdrops, promising rewards for early adopters and cautioning against potential risks in the evolving market

In 2024, crypto enthusiasts and investors eagerly anticipate upcoming airdrops, which are events where cryptocurrency projects distribute tokens to users. These airdrops aim to reward early adopters and active community members. However, caution is advised due to potential scams in the crypto space.

MetaMask, a popular web wallet, is confirmed to launch its own token. Details are scarce, but users will likely need to hold a minimum amount of ETH in their MetaMask wallets to qualify.

zkSync, known for its ZK rollup technology improving Ethereum's scalability, has hinted at an airdrop. Eligibility typically involves interacting with the zkSync protocol by bridging assets like ETH, USDT, or USDC.

Renzo, an Ethereum-based protocol enabling restaking of ETH via its Eigenlayer, may also conduct an airdrop based on user engagement, specifically through accumulating ezPoints.

On Solana, Marginfi, a lending protocol, plans to introduce a governance token (MRGN). Participation in the protocol, such as lending or borrowing crypto assets, will likely determine eligibility for the airdrop.

Despite past challenges, Wormhole is proceeding with an airdrop of its token, W. Eligibility will be based on previous engagement with the Wormhole protocol.

Symmetry, a Solana-based decentralized index protocol, hints at a potential airdrop. Transactions on the Symmetry protocol may qualify users for token distributions.

LayerZero, facilitating blockchain interoperability, is preparing for an airdrop of its ZRO token. Engaging with LayerZero's community and protocols may enhance eligibility.

Participants should exercise caution and conduct thorough research (DYOR) to verify the legitimacy of airdrop announcements. Additionally, tax implications may apply, as airdrops can be subject to income or capital gains tax based on jurisdiction.

In summary, staying informed about upcoming airdrops and understanding eligibility criteria are crucial for those interested in participating in these token distribution events in the evolving crypto industry.

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