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Cryptocurrency News

Crypto Lexicon - AIRDROP

By Jyotsna V   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024 lt

The word for today is AIRDROP .

A common word in the crypto sphere these days, AIRDROP is a way to distribute a new coin or token.

In an AIRDROP , coins or tokens are distributed to the community for free or as a reward for participation in the project.

Most of the times, the only requirement for receiving coins or tokens in an AIRDROP is to have a relevant blockchain wallet.

AIRDROPs are carried out with the intention of creating a hype around the project. The more people in possession of the relevant token, the more will be the active engagement when it is actually launched.

You may also read FUD .

For comments and feedback contact: editorial@rttnews.com

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