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Smith
@evelynbn
How profitable are cryptocurrency airdrops? It depends on several factors. First, the token’s value—some airdropped coins skyrocket, while others flop. For example, early airdrops like Uniswap’s UNI yielded thousands for participants when its price surged. Second, participation costs—most airdrops are free, but some require gas fees or tasks, cutting into profits. Third, market timing—selling at a peak maximizes gains, yet many hold too long and miss out. Data shows top airdrops can return 10x or more, but scams and worthless tokens flood the space. Researching projects, verifying legitimacy, and acting fast are key. While rare, life-changing profits are possible—think $100 turning into $10,000. Still, it’s a gamble: high reward, high risk.
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