CoinGecko Report: The Risk of Holding Airdropped Tokens Too Long

Recent findings from CoinGecko, a cryptocurrency data aggregator, show that those who held onto airdropped crypto tokens for over 14 days often missed the chance to sell at the token's highest price nearly half of the time.



Since 2020, the excitement around airdrops has surged. The primary method to receive these free tokens involves engaging in activities related to the launch of new blockchain networks or through promotional efforts.



On February 1, Cointelegraph shared a story about a seventeen-year-old cryptocurrency investor who reportedly earned over $1 million from an airdrop on the Solana-based platform, JUP.



CoinGecko's recent analysis reveals that in the past four years, around 46% of the top 50 crypto token airdrops, including well-known ones like Ethereum Name Service, Blur, and LooksRare, saw their highest values


First found on: CoinGecko Report: The Risk of Holding Airdropped Tokens Too Long - Coinatory