Airdrop Season Continues
Another week, another airdrop
Well, actually multiple in the last few weeks. We just had the launch of ETHERFI, $ENA from Ethena, Wormhole with W and then TNSR from Tensor. All 4 of which are currently trading at billions of dollars in FDV.
I’ll be honest, I didn’t really actively try to farm these too much. A little here and there and I think I probably spent an hour at max farming these. In the end, 4 figures ain’t so bad, with some of my friends who actively farmed these getting significantly more, 5 figures+. Of course these are some of the biggest projects in the space and so have insanely high valuations. Will that continue? Probably, especially because we have so many more big and I mean really big token-less protocols in the space today.
It goes to show, airdrop farming, despite the on going notion of things being ‘over farmed’, is still one of the best ways to make your first 5 or even 6 figures from crypto.
Ethena, as mentioned above, actually has been one of the most insane airdrops of the year. In fact, post launch, the token has been going up only which has been incredible to see.
ENA rallied to a $20b FDV, really cementing itself as one of the biggest in the space today. Juicy for anyone who decided to farm it.
So what can we learn from this?
You guys need to airdrop farm. I don’t think we ever get an opportunity like this again and time is running out day by day.
Luckily, there are many protocols and chains that aren’t out yet that users can still actively farm. I wrote about some of the biggest ones in a recent tweet, of course, there are many many more.
Ultimately, I think completing the above and the others including the many token-less AI, DePin and Modular projects which I didn’t include in the above will print 5 figures easily, in fact, thats bearish. I think you make 6 figures+.
Let me know if you want guides on any specific project, I’ll try my best to cover as many as possible but getting exposure to this is a must for everyone. If you’re not actively airdrop farming, you’re either rich already or you don’t pay attention enough to my content, in which case, you are not ganna make it! (Now that you’re reading this please take action!)