The HYPE, GRASS, and ME crypto airdrops have sparked optimism about upcoming events with four cryptocurrencies to watch that could see strong rallies ahead.
Many market experts anticipate that the bull run will persist as the broader crypto market has recently experienced strong momentum. The traders are also optimistic about the altcoins season, as a flurry of new tokens has caught the attention of investors, in addition to a surge in Bitcoin. Nevertheless, the market participants are now eagerly anticipating the forthcoming cryptocurrency airdrops, particularly in light of the significant success of the recent HYPE, Grass, and ME airdrops.
Four cryptocurrencies that are poised to experience a significant surge in value following forthcoming airdrops
The recent cryptocurrency market rally indicates the shift of market participants toward the digital assets sector. Amid this, traders are transitioning their attention to the most prominent altcoins and the newest coins, generating significant market buzz. Given that we are currently investigating the most notable crypto airdrops that have the potential to incite a price increase in the assets, particularly in light of the substantial traction that HYPE, Grass, and ME tokens have experienced.
To market (TOMA)
Telegram game players eagerly anticipate the Tomarket airdrop, as the project intends to distribute billions of tokens to its users. The native TOMA token is being introduced by the popular Telegram mini-game, which has a user base of 50 million.
It is worth noting that the team has allocated 60% of the tokens for community distribution, which makes it one of the largest crypto airdrops. The Hamster Kombat and X Empire airdrops have also garnered substantial attention. Nevertheless, there has been a significant increase in the discourse surrounding Tomarket’s TOMA token, and many eagerly anticipate its price performance.
As recent updates indicate, the Tomarket team has allocated 80% of its 1-trillion token supply for a four-stage airdrop. It is important to note that 30% of the tokens will be distributed during the initial stage. The second stage will take place two days before the token’s listing on December 20, 2024, and will involve a snapshot of airdropped TOMA tokens.
Nebula Stride (NST)
Nebula Stride (NST), another significant project, is also preparing for its forthcoming airdrop, which has the potential to increase its prices in the coming days significantly. The Nebula Stride presale has commenced, with NST tokens priced at $0.02. This blockchain initiative aims to improve the decentralized finance (DeFi) ecosystem by incorporating advanced smart contracts and financial tools.
The project has allocated 10% of its total supply of 2 billion NST for airdrops, which has sparked optimism among potential investors. The token price will increase to $0.025, and the presale’s subsequent stage will commence after raising $416,666.66.
Additionally, the project has gained momentum due to its announcement of a $1 million giveaway. The project’s website comprehensively explains how investors can participate in the giveaway event. It is reported that 100 fortunate winners will receive 10,000 USDT each. Given this, it is anticipated that the Nebula Airdrop will generate significant market excitement in the near future.
TapSwap (TAPS)
TapSwap, an additional Telegram game, has also disclosed its forthcoming airdrop event, which has incited investors’ optimism. According to the project, the TAPS token is scheduled to be introduced on the TON network, and the airdrop event is anticipated in the latter half of January.
Engaged players will receive rewards through airdrops implemented by the platform. It is important to note that the TAPS token will allow holders to participate in governance, earn staking rewards, and participate in tournaments. Players’ eligibility for the airdrop will be determined by their in-game activity, which includes their progress and interactions in the “Tappy Town” city builder mode.
It is essential to mention that many investors are eagerly anticipating the TAPS airdrop, particularly in light of the previous delay in the project’s launch. In addition, the growing popularity of the tap-to-earn games has also contributed to the optimism regarding a potential price increase in the project going forward.
Pengu Airdrop (PENGU)
Pudgy Penguins, the foremost Ethereum NFT project, recently disclosed its intention to introduce its PENGU token, generating enthusiasm for its forthcoming airdrop. Significant interest from market participants has been observed in the project’s announcement of its launch on December 6. Additionally, the token is scheduled to be released by the conclusion of the current year.
As per the announcement, the PENGU’s launch on the Solana network will be marked by a total supply of 88.88 billion. Notably, the Pudgy Penguins community has the highest token allocation, 25.9% of the total supply. However, it anticipates the community attracting approximately 5 million new members from other communities, which it will allocate 24.12%.
The NFT project’s immense success, demonstrated by its millions of followers and over 50 billion views, has maintained high market expectations. Nevertheless, the cryptocurrency is anticipated to experience a robust upswing in the aftermath of its token launch and forthcoming airdrop events.
Market Attention Drawn to Crypto Airdrops
The recent HYPE, GRASS, and ME airdrops have substantially increased market attention to cryptocurrency airdrop events. The native token HYPE experienced a significant rally of over 120% in a single day following the launch of the Hyperliquid airdrop for the DeFi protocol on November 29.
In the wake of its launch in early November, the GRASS token has also experienced a comparable surge. Conversely, the Magic Eden (ME) token experienced a substantial value increase after its airdrop event. Additionally, the token has been listed on prominent cryptocurrency exchanges such as Binance and Coinbase, contributing to market optimism.
These robust rallies suggest that investors are closely monitoring the cryptocurrency airdrop events. Nevertheless, it is anticipated that the upcoming airdrops of Tomarket (TOMA), Nebula (NST), TapSwap (TAPS), and PENGU will generate investor enthusiasm and generate a robust rally after their release.
However, investors should also consider market volatility and exercise due diligence when placing their bets.
