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Crypto airdrops: These segments will be convincing in 2024

Crypto airdrops: These segments will be convincing in 2024

Airdrops are extremely popular among investors because they offer free tokens as rewards, often without much risk. This method allows projects to increase their reach and build a loyal community. For investors, airdrops are a way to receive new coins before they gain value. In addition, they promote market participation and alert investors to innovative projects, which further increases the appeal of these free distributions. There are hardly any risks, only the time required may vary.

An airdrop in KryptoSpace also means the free distribution of tokens to various wallet addresses in order to make the project known, promote usage and create a community.

In 2024, the crypto market experienced a hype about airdrops. Crypto projects use airdrops to reward early adopters and accelerate the growth of their network. Success stories fueled interest. The dissemination of information via social media and dedicated platforms made participating in airdrops easier and more transparent, resulting in a regular boom in this segment. Because 2024 was undoubtedly the year of crypto airdrops.

Here’s how Google Trends data for spring 2024 shows the peak in search interest for the term “crypto airdrop”:

Google Trends

Best airdrops 2024: Layer-2, DeFi and more

Airdrops will continue to play an important role in 2024 – new data from Cointelegraph shows the success. In total, almost $15 billion was distributed to investors through crypto airdrops this year.

But the success story must be viewed in a differentiated manner. Overall, there are three market segments that were collectively responsible for around two thirds of the airdrops.

So Layer-2 was the strongest market segment. Overall, these were responsible for 28.3 percent of the total volume of airdrops. This was approximately $4.22 billion.

This is immediately followed by the Decentralized Finance market segment. DeFi also made a comeback, distributing about $3.3 billion via crypto airdrop. This is 22.2 percent of the total volume.

The third crypto trend in the group was Layer L1 solutions. A total of $2.63 billion was reallocated here, which accounted for 17.6 percent of the volume.

Crypto Tip: Strength in Meme Coins – WEPE ICO Bullishly Approaches 2025

But it wasn’t just crypto airdrops that were popular; presales also recently recorded an enormous inflow of capital.

Wall Street Pepe is currently gaining a lot of attention in the crypto market and is standing out with a successful presale. Within a few weeks, the coin raised nearly $40 million, making it one of the most successful pre-sale projects of 2024. With its unique vision of historic Wall Street, Pepe aims to bypass traditional financial structures and empower independent investors. The concept combines the humorous charm of meme coins with practical trading tools. Retail traders should finally have more chances against the seemingly overwhelming crypto whales.

At its core is a combination of the rebellious ideology of the Wall Street Bets movement and the cult figure Pepe the Frog. This connection specifically appeals to crypto enthusiasts who want to distance themselves from established financial systems. The project provides tools such as trading strategies and market analysis that go beyond the pure token functionality. Because WEPE is supposed to be the guarantee for getting better in crypto trading.

The success of the presales illustrates the strong demand. With daily inflows of around $2 million, it shows that the community has great confidence in Wall Street Pepe’s potential. These funds will be used to further develop the platform and provide additional features.

Meanwhile, interested parties can easily invest in Wall Street Pepe. The token is available via the official website and can be purchased with ETH, BNB or USDT.

Jannick Habicht

Jannick Habicht

Jannick has been writing for various media and news portals in the areas of finance and blockchain technologies for many years. His passion for these dynamic fields has led him to transform complex topics into easy-to-understand articles that appeal to both laypeople and experts. Its goal is to inform and inspire its readers through in-depth analysis and current reports about developments in the crypto and financial world.

Disclaimer: Stocks and other investments generally involve risk. A total loss of the capital invested cannot be ruled out. The articles, data and forecasts published are not a solicitation to buy or sell securities or rights. They also do not replace professional advice.