Uniswap did the biggest crypto airdrop back in 2020, where they distributed $6.43 billion worth of their native token. After Uniswap, Apecoin did the second biggest airdrop of $3.544 billion worth of Ape. So, are there chances of such huge airdrops to happen in the upcoming March month? Let’s look into the top Crypto airdrops that might happen.

Why Are Crypto Airdrops Important?

The crypto market is worth a $1.98 Trillion market cap and has more than 2.2 million cryptocurrencies in work. Above that, many get introduced daily with better features and use cases. Among this crowd, the new crypto might become invisible.

A crypto airdrop is one of the ways where you can highlight and introduce your crypto projects to the crypto community. The receiver sees it as a reward system where they get to keep free coins with the potential to make a profit out of them in the future. Few of these people will instantly sell the coin, increasing the transaction volume of the coin, whereas the people who HODL the coin will become the community for that particular coin.

The companies can even make the users do some tasks to be eligible for the token. Many centralized exchanges use airdrops as a marketing technique. The users promote the platform by liking and sharing in return for doing airdrops of low-cost coins.

From 2020 onwards, airdrop culture became common in the crypto industry. Last year, the three major crypto airdrops were Arbitrum, TIA, and Blur.

Top Crypto Airdrops To Invest In March

This year started with Bitcoin reaching the mark of $50,000, and recently, Ethereum has also crossed the $3000 mark, indicating a bullish market. There are many other crypto’s who are doing great. Let’s look into some of these top crypto airdrops coming in March that you should not miss.

Ambient

Ambient is a decentralized exchange and has raised $6.5 million from investors like Citcle and Naval Ravikant. It offers cheaper and faster transactions, along with liquidity rewards.

To participate in Ambient’s airdrop, visit their website and connect your Ethereum wallet. After that, you will have to do some transactions like usual and become a part of the network.

Date
Airdrop Reason
Tasks For Airdrop
Official Website
Not Confirmed Yet
Token Launch
Execute a trade and provide liquidity
Ambient Finance

Renzo Protocol

Renzo has a unique reward system where the participants can earn Renzo exPoints. The users should mint and hold ezETH and share the referral with other users to deposit their ETH on the platform to be eligible for the rewards.

Date
Airdrop Reason
Tasks For Airdrop
Official Website
Not Confirmed Yet
Instead, it has an active points system
Mint and hold ezETH and join the referral program
Renzoprotocol

Metamask

Metamask is a crypto wallet and is quite popular among crypto investors. It has around 30 Million users and lets its users store their private keys, connect with dApps, and interact on blockchain.

Date
Airdrop Reason
Tasks For Airdrop
Official Website
Unconfirmed
Community driven
Use platform
Metamask.io

zkSync

zkSync is a layer 2 solution that delivers faster & cheaper transactions and strong security with Ethereum. The project developers have previously shared their vision to launch a token for the network. Its launch is one of the most anticipated moments, and potential airdrops will happen.

Date
Airdrop Reason
Tasks For Airdrop
Official Website
Unconfirmed
Native Token Launch
Use platform
zksync.io

Marginfi

Marginfi, a decentralized lending protocol on Solana, allows users to lend tokens and earn yield. Not only this, they can borrow tokens as well. It focuses on risk management to prioritize safe and reliable solutions for capital efficiency.

Date
Airdrop Reason
Tasks For Airdrop
Official Website
Unconfirmed
Native token launch
Lend or borrow on the platform
Marginfi.com

Conclusion

The list of top crypto airdrops for March 2024 includes the Ambient, Renzo Protocol, Metamask, zkSync, Marginfi, and many others. This blog contained a list of a few possible airdrops that might happen in the future, and becoming a part of their community from the start will benefit the individual during the airdrop.

The post Crypto Airdrops to Invest in March 2024 appeared first on CoinGape.

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Filed under: News - @ January 1, 1970 12:00 am