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

The broader crypto market is witnessing a strong momentum lately, with many market experts anticipating the bull run to continue ahead. Along with a surge in Bitcoin, the traders are also optimistic about the altcoins season, with a flurry of new tokens catching the investors’ eyes. Having said that, the market participants are now eagerly waiting for the upcoming cryptocurrency airdrops, especially as the recent HYPE, Grass, & ME airdrops have gained notable traction.

4 Crypto That Could Explode After Upcoming Airdrops

The recent shift of the market participants towards the digital assets space is evidenced by the recent cryptocurrency market rally. Amid this, the traders are shifting their focus towards top altcoins as well as the new coins that are making headlines in the market. Considering that here we explore top crypto airdrops that could spark a rally in the assets’ prices, especially after HYPE, Grass, and ME tokens noted significant traction.

Tomarket (TOMA)

The Telegram game players are eagerly waiting for the Tomarket airdrop as the project plans to allocate billions of tokens for the users. The popular Telegram mini-game, with 50 million users, is launching its native TOMA token.

Notably, the team has allocated 60% of tokens for community distribution, making it one of the biggest crypto airdrops. Previously, the Hamster Kombat and X Empire airdrops have also noted significant traction. Having said that, discussions on Tomarket’s TOMA token are soaring, with many eagerly awaiting its price performance.

According to recent updates, the Tomarket team has reserved 80% of its 1-trillion token supply for a four-stage airdrop. Notably, 30% of the tokens will be distributed in the first stage. The second stage will occur before the token’s listing on December 20, 2024, with a snapshot of airdropped TOMA tokens taken two days prior.

Nebula Stride (NST)

Another major project, Nebula Stride (NST), is also gearing up for its upcoming airdrop, which could significantly send its prices higher in the coming days. The Nebula Stride presale has already started, offering NST tokens at $0.02. This blockchain initiative aims to enhance the decentralized finance (DeFi) ecosystem through advanced smart contracts and integrated financial tools.

With a total supply of 2 billion NST, the project has allocated 10% for airdrops, sparking optimism among potential investors. The presale’s next stage will begin after raising $416,666.66, with the token price increasing to $0.025.

Besides, the project has also noted traction with its announcement of a $1 million giveaway. The project’s website has a detailed explanation of how the investors can take part in the giveaway event, with 100 lucky winners reported to receive 10,000 USDT each. Considering that, the Nebula Airdrop is expected to cause a market buzz ahead.

TapSwap (TAPS)

Another Telegram game, TapSwap has also announced its upcoming airdrop event, sparking investors’ optimism. The project said that it would launch its TAPS token on the TON network, while its airdrop event is expected in the second half of January.

The platform will airdrop rewards to engaged players. Notably, the TAPS token will grant holders access to tournaments, staking rewards, and governance participation. Players’ eligibility for the airdrop will be determined by their in-game activity, including interactions and progress in the game’s “Tappy Town” city builder mode.

It’s worth noting that a flurry of investors are awaiting the TAPS airdrop, especially after the project was delayed its launch previously. Besides, the increasing popularity of the tap-to-earn games has also fueled optimism over a potential rally in the project’s price ahead.

Pengu Airdrop (PENGU)

The leading Ethereum NFT project, Pudgy Penguins, recently announced the upcoming launch of its PENGU token, sparking optimism over its upcoming airdrop. The project announced its launch on December 6, which has noted significant attention from the market participants. Besides, it appears that the token is set to launch by this year’s end.

According to the announcement, the PENGU’s total supply will be 88.88 billion and will mark its launch on the Solana network. Notably, the token’s highest allocation, 25.9% of the total supply, is reserved for the Pudgy Penguins community. On the other hand, it would allocate 24.12% for other communities, from which it expects to attract around 5 million new members to the community.

Source: Pudgy Penguins, X

Given the immense success of the NFT project, as evidenced by its millions of followers and more than 50 billion views, the market expectations remain high. Having said that, it is expected the crypto could witness a strong rally following its token launch and airdrop events ahead.

Crypto Airdrops Gains Market Attention

The market focus on the cryptocurrency airdrop events has surged significantly after the recent HYPE, GRASS, and ME airdrops. The DeFi protocol Hyperliquid airdrop went live on November 29, following which its native token HYPE noted a strong rally of more than 120% in a day.

The GRASS token also noted a similar rally following its launch in early November. On the other hand, the Magic Eden (ME) token also recorded a robust rally after its airdrop event. Besides, top cryptocurrency exchanges like Binance and Coinbase have also listed the token, sparking market optimism.

These strong rallies indicate that the investors are keeping close track of the cryptocurrency airdrop events. Having said that, it is expected that the upcoming Tomarket (TOMA), Nebula (NST), TapSwap (TAPS), and PENGU airdrops will spark investors’ optimism while recording strong rally following their launch.

However, investors should also consider market volatility and exercise due diligence when making their bets.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.