Biggest Crypto Airdrop in 2024: One of them is PENGU

Bittime - 2024 is shaping up to be a year full of surprises in the world of cryptocurrency, with some of the biggest airdrops rewarding users with more than $19 billion. Airdrops are a way for crypto projects to introduce their tokens and incentivize their users and communities. Here are the five biggest airdrops that wowed the crypto world this year.

Hyperliquid: $10.84 Billion

The biggest airdrop came from Hyperliquid Network in November 2024. Hyperliquid distributed $1.6 billion worth of HYPE tokens to its users. However, the value of these tokens soared to over $10.8 billion in just a few weeks after distribution. Hyperliquid, which focuses on high-speed DeFi transactions, successfully attracted the attention of crypto users with highly profitable airdrops.

Read also: What Is Crypto Airdrop: How It Works and Its Types

Starknet: $3.09 Billion

Starknet, an Ethereum layer-2 network, launched STRK tokens with a total distribution of 700 million tokens. This airdrop, valued at approximately $3.09 billion, was aimed at nearly 1.3 million eligible wallets, including Ethereum stakers and users of Starknet-related dApps. The STRK token not only has economic value, but also plays an important role in the governance of the Starknet network, which uses rollup technology to improve Ethereum's scalability.

Pudgy Penguins: $3.064 Billion

Pudgy Penguins, a popular NFT project, launched a Solana token called PENGU in 2024. With a market capitalization of over $500 million, Pudgy Penguins developed a large community and even sells their toys at Walmart and Target. PENGU's airdrop, which totaled more than $3 billion, was distributed to community members, including NFT fans from other major projects such as Board Ape Yacht Club and Doodles.

Notcoin: $2.274 Billion

Notcoin, which is associated with The Open Network (TON), conducted a major airdrop in May 2024 with the distribution of 80.2 billion NOT tokens. This airdrop attracted the attention of many crypto game players because it involved a tap-to-earn application in Telegram. With a peak value of $2.274 billion, Notcoin was one of the biggest airdrops in the crypto gaming category this year.

Jupiter: $2 Billion

Jupiter, a DEX aggregator on Solana, airdropped 1 billion JUP tokens at the start of the year. This airdrop is worth around $1.7 billion, but Jupiter has plans to release more tokens in the future. As one of the largest DeFi projects on Solana, Jupiter continues to grow with trading volume reaching more than $2 trillion.

Read also: Register for Airdrop Listing January 2025

Another Interesting Airdrop

Apart from the big five, there were also airdrops from projects such as Movement Network, ZKsync, Eigenlayer, and Wormhole, each of which has a value of more than $1 billion. All these airdrops illustrate how the crypto ecosystem is increasingly developing and full of opportunities for smart and responsive users.

The year 2024 proves that the crypto world is not only about the value of digital currency, but also building a strong community and introducing innovative blockchain technology.

FAQ Airdrop Crypto 

What is a crypto airdrop? 

A crypto airdrop is the distribution of free tokens to users or communities to introduce a new project or increase the adoption of a token in the crypto ecosystem.

How do I participate in the airdrop? 

To take part in an airdrop, you usually need to fulfill several conditions such as registering on the project's official website, following its social media, or carrying out certain activities such as staking or using related applications.

Are crypto airdrops safe? 

Airdrops conducted by official projects are generally safe, but it is important to always be wary of scams. Make sure to only participate in airdrops that have a good reputation and come from trusted projects.

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Reference

Coin Stats, 5 Biggest Crypto Airdrops of 2024, accessed December 30, 2024.

Decrypt, 5 Biggest Crypto Airdrops of 2024, accessed December 30, 2024.

Author: MF