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Airdrop

Mr. Fomo
Last updated: February 6, 2025 01:37
Mr. Fomo
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An airdrop is a promotional strategy where a cryptocurrency project distributes free tokens to the wallets of existing holders or to new users. This method is used to increase awareness, incentivize participation, and reward loyal community members.

Airdrops can help bootstrap a network by rapidly expanding the token holder base and encouraging usage of the platform.

While airdrops can be beneficial, recipients should verify the legitimacy of the offer to avoid potential scams.

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