4 Crypto That Could Explode After HYPE, GRASS & ME Airdrops

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As a seasoned analyst with over a decade of experience in the financial markets, I’ve witnessed countless bull runs and bear markets, but none quite like the unpredictable rollercoaster ride that is the crypto market. Having closely observed the recent surge in the broader crypto market, I can confidently say that we are witnessing an unprecedented level of excitement and anticipation, especially surrounding upcoming airdrops.

Currently, the broader cryptocurrency sector is experiencing significant growth, leading many industry analysts to believe that the bull market will persist. Alongside Bitcoin‘s price increase, traders are also hopeful about the altcoin season, as various new tokens are attracting investor attention. At this point, market participants are particularly looking forward to upcoming cryptocurrency airdrops, especially since recent airdrops like HYPE, Grass, & ME have gained significant popularity.

4 Crypto That Could Explode After Upcoming Airdrops

The move by market players towards digital assets is clearly seen in the current surge of the cryptocurrency market. In this context, traders are increasingly paying attention to both established altcoins and newly popular coins. Here, we delve into notable crypto airdrops that might trigger a price increase in these assets, particularly after HYPE, Grass, and ME tokens have attracted considerable attention.

Tomarket (TOMA)

Enthusiasts of the Telegram game are anxiously anticipating the upcoming Tomarket airdrop, since the project intends to distribute billions of tokens to its user base. The widely played mini-game on Telegram, boasting 50 million users, is set to release its own TOMA token.

Significantly, 60% of the tokens have been set aside for community distribution, making it one of the largest crypto airdrops to date. Previously, the Hamster Kombat and X Empire airdrops also gained substantial attention. However, conversations about Tomarket’s TOMA token are gaining momentum, as many are eagerly watching its price trends.

Based on recent news, the Tomarket team has set aside 8 out of every 10 tokens from its total supply of 1 trillion for a series of four airdrops. Specifically, 30% of these tokens will be distributed during the initial stage. The second phase is scheduled to happen before the token goes live on exchanges, which is set for December 20, 2024. A snapshot of the TOMA tokens to be airdropped will be taken two days prior to this date.

Nebula Stride (NST)

A notable upcoming event for Nebula Stride (NST) is the imminent airdrop, which could potentially boost its prices in the near future. The pre-sale of NST tokens has already commenced at $0.02. This blockchain project aims to strengthen the decentralized finance (DeFi) sector by utilizing sophisticated smart contracts and financial tools seamlessly integrated within it.

In summary, the project boasts a 2 billion unit total supply of NST, and has earmarked 10% for airdrops – this move has ignited enthusiasm among prospective investors. The next phase of the presale will commence following the collection of $416,666.66, at which point the token value will rise to $0.025.

Additionally, it’s worth mentioning that the project has generated significant interest following its announcement of a $1 million giveaway. The project’s website provides comprehensive instructions for investors on how to participate in this event, with 100 winners being randomly selected to receive 10,000 US Dollars each. As a result, the Nebula Airdrop is anticipated to create quite a stir in the market.

TapSwap (TAPS)

In another exciting development related to Telegram games, the TapSwap project has recently announced an upcoming airdrop event, causing a wave of optimism among investors. The team behind this project has revealed that their TAPS token will be launched on the TON network, with the airdrop event tentatively scheduled for the latter part of January.

The system is set to distribute incentives to active gamers. Importantly, possessing the TAPS token allows users to join tournaments, earn staking benefits, and take part in governance decisions. A player’s qualification for these rewards will be based on their involvement within the game, such as interactions and advancements achieved within the city-building mode of “Tappy Town”.

It’s significant to mention that numerous investors are eagerly anticipating the TAPS airdrop, following the project’s prior delay in launching. Moreover, the surge of interest in tap-to-earn games has added to the excitement about a possible price increase for the project.

Pengu Airdrop (PENGU)

The popular Ethereum NFT initiative, Pudgy Penguins, recently declared the imminent release of their PENGU token, generating excitement for the upcoming airdrop. This announcement was made on December 6 and has drawn considerable interest from market participants. Additionally, it seems that the token is expected to launch before the year ends.

The announcement states that the maximum circulation of PENGU tokens will be 88.88 billion, and it’s set to debut on the Solana blockchain. Importantly, a significant portion, approximately 25.9%, is earmarked for the Pudgy Penguins community. Conversely, about 24.12% will be allotted to other communities, with the aim of bringing in around 5 million new members to these communities.

Based on the massive popularity and over 50 billion views of the NFT project, which has amassed millions of followers, the market anticipation for further success remains significant. In light of this, it’s predicted that the crypto could experience a powerful surge after its token release and airdrop events take place.

Crypto Airdrops Gains Market Attention

Interest in cryptocurrency airdrop events has skyrocketed lately, especially after the successful launches of HYPE, GRASS, and ME airdrops. Following the launch on November 29th, the DeFi protocol Hyperliquid’s native token, HYPE, experienced a remarkable surge, climbing over 120% in just one day.

The GRASS token experienced a surge in value much like other tokens did after their respective launches in early November. On a contrasting note, the Magic Eden (ME) token showed strong growth following its airdrop event as well. Additionally, major cryptocurrency platforms such as Binance and Coinbase have added the token to their listings, which has generated enthusiasm within the market.

These vigorous surges suggest that investors are closely monitoring the cryptocurrency airdrop occurrences. In other words, it’s anticipated that upcoming events such as Tomarket (TOMA), Nebula (NST), TapSwap (TAPS), and PENGU airdrops will ignite investor enthusiasm, leading to robust rallies after their respective launches.

On the other hand, investors need to take market fluctuations into account and practice careful judgment before placing their investments.

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2024-12-16 13:46