Crypto Airdrops to Watch in September 2024: A Comprehensive Guide
September 2024 is set to be a pivotal month for crypto enthusiasts, especially for those keeping an eye on the airdrop scene. Despite the overall bearish sentiment in the market, there’s an air of optimism as numerous token distributions and mainnet launches are scheduled across various blockchains. In this article, we explore some of the most anticipated airdrops, including events on the Ethereum, Solana, and Ton blockchains, and provide insights into what participants can expect.
Ethereum Ecosystem: Key Airdrops in Focus
1. EigenLayer: Stakedrop 2
One of the most talked-about projects in the Ethereum ecosystem this month is EigenLayer, which will conclude its Stakedrop 2 by releasing the EIGEN token. This token has already garnered significant interest, as it rewards stakers, developers, and early contributors of the platform. Initially announced in April, the highly anticipated airdrop is expected to go live by September 30. Pre-market prices for EIGEN have been estimated at $3.60, with a total fully diluted valuation (FDV) exceeding $6 billion.
The success of the EigenLayer project reflects a larger trend of liquid staking innovations on Ethereum, which is sure to pique the interest of yield-seekers.
2. Swell Airdrop: Two in One
The Swell protocol, another prominent player in Ethereum’s liquid staking ecosystem, is also gearing up for its token generation event (TGE) in September. The community has been eagerly awaiting the release of the SWELL token, with early supporters being rewarded with bonus points, known as “pearls.” These points, which were farmed by staking assets on Swell, are currently valued at $0.10 each.
In a unique twist, holders of rswETH (Swell’s restaked ETH) will receive both SWELL and EIGEN tokens, creating a lucrative double-reward situation for participants. This dual distribution could make Swell one of the most profitable airdrops in September.
3. Karak Protocol: A Dark Horse
Although not confirmed for September, the Karak protocol, which gained attention over the summer, is another liquid staking project that users are keeping an eye on. The Karak token could potentially be distributed before the end of the year, rewarding early participants. Given the project’s relatively low participation rate, the rewards could be significant for those who get in early.
Solana Ecosystem: Big Opportunities Ahead
The Solana ecosystem is also gearing up for a strong showing this month, with two major airdrops expected:
1. Grass: Free-to-Use DePin Project
The Grass project, which operates as a Decentralized Physical Infrastructure Network (DePin), has been gaining traction due to its free operational model. Over the past several months, participants have earned points by simply connecting via a browser extension and staying active. These points will soon be converted into tokens, as the GRASS token distribution checker has already been made available.
With over 2 million participants, the airdrop is expected to be the largest ever in terms of reach. However, the expected reward per user is modest, with some estimates suggesting between $50 and $100 for active participants who invited others to join early.
2. Debridge: Cross-Chain Potential
Another airdrop making waves on Solana is from the cross-chain transfer platform Debridge, which will soon release its DBR token. Debridge has introduced an interesting claim mechanism where users can opt to receive either 80% of their allocation unlocked or claim 50% now with the remainder vested over six months. With a premarket valuation of $0.025 per DBR token, this airdrop presents an interesting opportunity for Solana users looking to diversify.
Ton Blockchain: Gaming Tokens Enter the Scene
The Ton ecosystem, built on Telegram mini-apps, is also set for a big September with two notable game-related airdrops:
1. Hamster Kombat: HMSTR Token
Scheduled for September 26, the HMSTR token from Hamster Kombat will finally make its debut after months of gameplay. Despite the large user base (over 200 million daily active users), the rewards are expected to be relatively small, with some predicting a return of less than $10 per participant. Nevertheless, this airdrop will be notable due to the sheer number of participants and the level of anticipation.
2. Catizen: CATI Token
Another gaming airdrop to keep an eye on is Catizen, which is set to release its CATI token in mid-September. Unlike Hamster Kombat, Catizen has a smaller user base, meaning that the potential rewards could be higher. The CATI token is currently valued at $0.55 in premarket trading, with some exchanges like MEXC already announcing plans to list the token by September 20.
September’s Airdrops: A Broad Perspective
Aside from these key projects, the month of September will see numerous other token distributions, as highlighted by the list of upcoming events. The image provided by ICO Analytics shows token claims, mainnet releases, and token unlocks for various projects, such as DAPP (public sale on September 18) and DUSK (mainnet release on September 20). Additionally, tokens like BDNX, RDYX, and ME will see their release this month.
Whether you’re participating in Ethereum’s restaking revolution, taking advantage of Solana’s cross-chain opportunities, or delving into Ton’s gaming ecosystem, September offers numerous opportunities for crypto airdrop enthusiasts.
For a detailed breakdown of all the airdrops scheduled this month, you can visit this article.