CoinGecko: 46% of token prices in the top 50 airdrop projects hit new highs within 14 days

Bitget App

Trade smarter

Bitget

News

Cointime2024/02/24 06:24

By:Cointime

Approximately 23 out of the top 50 largest airdrop projects (46% of the total) saw their token prices reach their peak within the first two weeks of the airdrop over the past four years. These projects include Ethereum Name Service, X2Y2, Blur, LooksRare, ArbDoge AI, and others. This suggests that the best time to sell airdropped tokens may be within the first 14 days after receiving them in order to maximize profits.

Of these 23 airdropped tokens, 16 reached their highest profitability between 2 and 14 days after the airdrop date. The remaining 7 tokens saw their prices peak on the day of the airdrop and were unable to recover.

Out of the top 50 largest airdrop projects, 27 tokens reached their highest profitability after two weeks, with timeframes ranging from 15 to 581 days.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14