Grass airdrop is ongoing ahead of its GRASS TGE event. Meanwhile, the Meme Games presale has raised over $418,000.
Sometimes, to be profitable in crypto, you only have to do HODL.
If you are a SOL, ETH, and BTC holder, you can get in at the right time and easily double your investment.
Research shows that long-term holders (LTHs) who habitually hold for more than six months are always in the green (unless they bought at peaks, say in 2021, when prices were at record highs).
Timing is important.
However, beyond the scramble of capital gains, there is also the reality of being rewarded by other tokens simply for HODLing.
There have been hundreds of airdrops across the crypto ecosystem after Ethereum launched smart contracts.
All of these distributions are automated, and for every SOL or ETH held, the address can receive a token of a given amount (depending on the distribution model employed by the new project).
The Grass Token Airdrop: Here’s What You Need to About The TGE
In September 2024, all eyes are on the ongoing Grass Token airdrop ahead of the equally highly anticipated token generation event (TGE).
Those who wished to receive free tokens must have confirmed their Solana wallets by September 2.
Interest is high for obvious reasons.
The Grass network is launching on Solana and wants to solve pressing issues related to AI development.
To do this, they are adopting an innovative approach by tapping into unused home internet bandwidth to create a decentralized platform for turbocharging AI development in a fair, neutral environment.
Due to their mission statement, firms are interested in supporting the platform. Grass Network recently received $4.5 million in seed funding from multiple venture firms, including Tribe Capital.
The Meme Games Presale On Fire
Ahead of the Grass Network TGE, another exciting opportunity exists in the Meme Games presale.
The presale is ongoing but ends on September 8 when the Paralympic Games ends in Paris.
So far, the Meme Games presale has raised over $418,000.
Each MGMES is selling for $0.0094.
Those who buy now have a chance to receive a 25% bonus.
They have to predict the winner of the 169-meter race featuring five avatars: Dogecoin, Pepe, DogWifHat, Brett, and Turbo.
These “competitors” are inspired by Olympian meme coin projects.
However, they each have an equal chance of winning.
Once the presale ends, MGMES will list on several DEXes on September 10.
Analysts predict prices to rise on the listing.
Besides HODLing MGMES, investors can stake and receive an ultra-high APY, currently at 460%.
Presently, over 21.9 million MGMES have been staked.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.