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10 Big Money Airdrops Are Coming to Savvy Crypto Traders, According to Analyst – Here’s How to Capitalize

December 2, 2022
in Altcoins
Reading Time: 3 mins read
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10 Big Money Airdrops Are Coming to Savvy Crypto Traders, According to Analyst – Here’s How to Capitalize
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A widely followed crypto analyst is bringing attention to 10 upcoming airdrops and advising investors on how to capitalize on them.

In a lengthy thread, crypto strategist Miles Deutscher tells his 257,000 Twitter followers to keep an eye out for the following 10 airdrops. According to the trader, airdrops are a great way for investors to make money.

First up is decentralized finance (DeFi) protocol SEI Network (SEI), which will be distributing 1% of its overall token supply to beta testers that install its wallet, join its discord, and use Vortex, a decentralized derivatives exchange.

Next up is the airdrop of Celestia (TIA), the first ever modular blockchain. To obtain its tokens, users will also have to create a wallet, join the discord to get testnet tokens, transfer the tokens over to another wallet, and then create a node.

Deutscher then brings attention to the airdrop of MetaMask (MASK), one of the most widely used crypto wallets on the market. To gather the free tokens, traders will have to use the wallet’s proprietary built-in exchange platform, use the Metamask bridge, donate to Gitcoin, use the Gnosis Safe, and hold a non-fungible token (NFT).

The fourth airdrop on the list is that of LayerZero (ZRO), an interoperability blockchain. To collect the airdrop, users will have to vote on Stargate Finance, the protocol’s DAO [decentralized autonomous organization], then use project building protocols on LayerZero, as well as be active in the community’s financial ecosystem.

Next on the list is fifth-generation blockchain 5ireChain’s airdrop. To participate, all traders would need to do is take a survey, submit an application and wait for approval.

The sixth crypto asset on the list is zkSYNC (ARBI), a layer-2 Ethereum (ETH) scaling solution. To participate, traders will have to move funds to the protocol, swap their ETH for USD Coin (USDC) and back again, upload a file to a specific cloud, donate to Gitcoin, request their tokens, and then proceed to swap on the protocol.

Deutscher then brings attention to the airdrop of smart contract platform ZetaChain (ZETA). To obtain its tokens, investors will have to join its discord, verify their identity, follow the protocol on Twitter and then complete a series of tasks on its network.

The eighth crypto on the strategist’s list is Quai Network (QUAI), a mined network of blockchains. To obtain the airdrop, users would have to connect their Twitter and Discord accounts to the protocol’s dashboard and be active members of the project’s social media campaign.

The final digital assets on the list are layer-2 scaling solution Arbitrum (ARBI) and decentralized social network Lens Protocol (LENS). To collect Arbitrum’s airdrop, investors will have to bridge assets over to the protocol from other Ethereum Virtual Machine (EVM) chains, interact with Arbitrum’s decentralized applications, and participate in Arbitrum Odyssey, the project’s optimistic rollup.

Lastly, to collect the LENS airdrop, all users would have to do is register an account and obtain a free Lens Protocol domain name.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Salamahin/Paul Fleet


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