2024 has seen some of the biggest airdrops in crypto history. Within the last 3 weeks, we have witnessed the airdrop for new Layer-1, Hyperliquid and its native HYPE token. More recently, the Pudgy Penguin NFT brand airdropped its new token, PENGU.
Prior to this year, the record for the largest airdrop lay with Uniswap and its UNI token. That airdrop happened in 2020 and at UNI’s peak in 2021, was valued at $6.4 billion. The largest airdrop of 2023 was from the Ethereum Layer-1 protocol, Arbitrum and its ARB token ($1.96 billion).
Hyperliquid’s HYPE Token Is Officially The Largest Airdrop Of All Time
hyperliquid ( $HYPE ) at $1.8B marketcap already
they airdropped 30% to users
this means they literally just paid out $600,000,000 USD to a bunch of degens who were early users of the platform
i've never seen anything with as much opportunity as crypto, it's not even close pic.twitter.com/TA7OtGGkYy
— DANIEL GOT HITS (@danielgothits) November 29, 2024
Decentralized exchange Hyperliquid launched its much-anticipated native token on November 29. It was a resounding success as 31% of the supply for HYPE was airdropped to early users of the platform.
The tokens were airdropped to users who earned points in a campaign which ended in May 2024. Hyperliquid aren’t stopping at airdropping 31% of its supply as a further 23.8% has been set aside for current and future core contributors.
HYPE is currently trading for around $26 with a market cap of $8.7 billion. At these current price levels, the total value of the 31% HYPE airdrop stands at over $7 billion, surprassing the UNI airdrop in 2020.
With many crypto analysts believing that Hyperliquid will soon become a top 10 coin by market cap and another 23% set aside for future drops, it is unlikely that HYPE will lose its number one spot anytime soon.
PENGU Takes Number One Spot For Largest Meme Coin Airdrop Ever
$PENGU might be the most widespread airdrop I’ve seen thus far
Mf’s who haven’t even used their phantom wallet all year are getting it
Call $SOL dead all you want, but the way this chain entices newcomers into the crypto space is unrivaled
— Neil (@neilarora16) December 17, 2024
The team behind the Pudgy Penguins NFT brand launched its PENGU token on December 17, with around 50% being airdropped between holders of the different Pudgy NFT collections and also OG Solana and Ethereum wallets also being included.
This Dune dashboard shows that only 85% of the airdropped tokens have been claimed as of now. Since its launch, PENGU has fallen in price nearly 50% and is currently trading at around $0.03 per token with a market cap of $2 billion.
At these current prices, the total value of the PENGU airdrop stands at around $1.33 billion, just edging out BONK to become the biggest meme coin airdrop in history. With Pengu being so new and fresh, there is a good chance that its price increases significantly as we progress through this bull market. Therefore, the value of the airdrop will likely continue to climb over the coming months.
BONUS: Is The Wall Street Pepe Presale On Its Way To $50 Million Before The End Of 2024?
$30M raised. Memes run the internet. Wepe runs the memes. 🐸 ⚔️ pic.twitter.com/scMZmwEfKv
— Wall Street Pepe (@WEPEToken) December 18, 2024
Wall Street Pepe (WEPE) continues its meteoric fundraising shenanigans. It has just surpassed $31 million raised in presale funding. Early projections were saying that WEPE could potentially hit $20 million funding by the end of 2024. This highlights that nobody foresaw just how successful this super hot meme coin would be.
This latest Pepe-themed coin blends the iconic frog with the Wolf of Wall Street brand. Aside from such genius branding, the utility on offer for holders of WEPE is likely the reason behind such high investment into the presale.
Holders will have access to insider trading strategies and alpha calls from market experts. There will also be weekly trading competitions with cash prizes given to the winners. The community being built around Wall Street Pepe is growing larger by the day and is the place to be heading into 2025.
There are currently 4 hours remaining before the price per WEPE increases as the presale moves onto the next stage.
Join the project’s community via X and Telegram to stay up-to date on the latest developments.
EXPLORE: Germany’s Largest Bank Creating Its Own Layer-2 Blockchain
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