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Crypto airdrops are regarded as manna from heaven for cryptocurrency enthusiasts ready to test out various projects because they need little technical expertise and may carry fewer dangers.
A crypto airdrop, often referred to as token giveaways informally are the free distribution of a cryptocurrency coin or token to existing token holders. An airdrop’s goal is to increase user traction in a market that is oversaturated with thousands of cryptocurrency tokens and coins and is frequently related to the introduction of a new project or cryptocurrency.
Users have no control over the timing of airdrops, which are promotional in nature and typically carried out by developers or cryptocurrency business owners to give away free tokens or coins to existing token holders.
Similar to how traditional firms give away freebies to promote new product offerings, the number of tokens awarded depends on the amount invested in or efforts made toward a project.
In this article, we gonna list the top 5 biggest crypto airdrops in history.
Top 5 Biggest Crypto Airdrops in History
1. Decred (DCR)
Decred airdropped 258,000 DCR to lucky early adopters who signed up in January 2016.
$32,500 was the highest airdrop value.
2. Uniswap (UNI)
The Uniswap airdrop took place in 2020 and it rewarded early users who had a single transaction on the Uniswap DEX with a sweet 400 UNI tokens.
At some point, those 400 UNI tokens were worth around 18,000$.
3. Bitcoin Cash (BCH)
In the history of the blockchain, the August 2017 hard fork known as Bitcoin Cash (BCH) has generated the most debate. Everyone who had 1 Bitcoin in their possession at the time of the snapshot was given 1 BCH.
The airdrop value peaked at $4,300 per BCH.
4. Oyster (PRL)
One to remember is the Exclusive airdrop Oyster Pearl. In November 2017, each fortunate participant received 2227 PRLs. Nearly $11,000 was the airdrop’s top overall value.
The first exclusive airdrop in the blockchain sector, this one was open only to subscribers of Airdrop Alert.
5. Stellar (XLM)
In June 2017, Stellar distributed roughly $1000 worth of XLM tokens per Bitcoin or 19% of their total token supply.
By airdropping $125,000,000 in XLM tokens in November 2018, Stellar decided to go down in history as the company with the biggest crypto airdrop ever. This airdrop is still active today.
That’s not all, there are many other valuable airdrops out there
There are far more similar airdrops who airdropped a fortune to their customers. This proves that airdrops can be considered a great opportunity for newcomers to build up their portfolios.
A great way to gather free cash is through airdrops. There are also people who invested all of their $100 airdropped tokens in other cryptocurrencies after claiming the airdrop rewards. They were able to build up a portfolio worth roughly $1000 without investing a single dollar.
Another interesting airdrop was the ENS airdrop which airdropped a few thousand dollars of tokens on users who registered an ENS domain name on their wallet addresses.
How to be Alerted When Such Worthy Airdrops Appear?
To be aware of the upcoming biggest crypto airdrops you can subscribe to Skyrush’s Newsletter or follow our social media channels since we regularly share new airdrops listed on our Airdrop Tasker where our airdrop hunters can complete airdrops within a few clicks and under one minute thanks to our advanced API.
How to make yourself eligible for such airdrops?
Cryptocurrency exchanges, especially DEXs like Uniswap or Sushiswap are more likely to airdrop tokens to their users who are using the DEX, so to make yourself eligible, you should trade at least on their exchange, and in the near future, if they decide to launch an airdrop, its possible that you may be eligible for some sweet worthy airdrop tokens that you can swap for stablecoins or cash them out in fiat.
So in this article, we explained the importance of airdrops and how to stay alerted and increase your chances of becoming eligible for valued airdrop rewards. We also mentioned that airdrops can be the first step for newcomers and also for experienced crypto users to build up their portfolios without any real investment.
By trading your time and effort, you can be rewarded with some high-value airdrop rewards that can be cashed out in stablecoins or in fiat, or invested in other popular cryptocurrencies such as Bitcoin or Ethereum and double or even triple your airdrop money.