“Uniswap Ignites DeFi Frenzy: A Spotlight on the Top 10 Cryptocurrency Airdrops, with TIA and BONK Emerging as Dark Horse Favorites”

Coingecko platform lists the top ten airdrops in terms of value from 2020 to 2023, including Uniswap, Apecoin, dYdX, Arbitrum, Ethereum Name Service, Internet Computer, Bonk, Celestia, LooksRare, and 1inch Network.
(Background:
INJ and TIA hit new all-time highs, what other potential tokens are there in the Cosmos ecosystem?
)
(Additional information:
Celestia is now live! Token TIA breaks through $2, follow these two steps to receive airdrop by updating Keplr wallet
)
Airdrop refers to the act of project teams distributing tokens for free to users’ wallets. There are many reasons behind this, such as rewarding users who actively participate and contribute to the community, or aiming to expand token liquidity.
In the past few years, users had the opportunity to earn significant returns if they participated early in projects and met the project’s set interaction standards. Today (26th), Coingecko, a well-known cryptocurrency price analysis platform, has listed the top ten airdrops with the highest historical prices from 2020 to 2023. (calculated based on the highest token price)


Uniswap: A Shared Memory of DeFi Summer
Ranked first is Uniswap’s native token, UNI, a decentralized exchange platform. The project executed one of the largest airdrops in history in September 2020, distributing approximately $6.43 billion worth of UNI tokens.
Every user who has conducted transactions on the Uniswap platform, whether on V1 or V2 protocol, was eligible to receive at least 400 UNI tokens. At that time, the value of these tokens was approximately $1,200, but when calculated based on the historical highest price of $42, it is equivalent to around $16,800.
Further reading:
Uniswap Token Distribution! Existing Users Can Claim $1,500 “UNI Airdrop,” Binance FTX Lists Instantly
Uniswap’s airdrop not only rewarded early users but also played a part in promoting its decentralized governance structure. It is worth mentioning that Uniswap’s airdrop had a significant impact on the entire DeFi sector. Since then, airdrops have become a common way for many cryptocurrency projects to promote and incentivize users.
TIA and Bonk: The Most Powerful Recent Airdrops
Among the top ten projects, one of the newer ones is Celestia, a modular blockchain project. It officially launched its mainnet on October 31st this year and introduced its modular network and data availability sampling (DAS). The mainnet enables Rollups and other modular chains to use Celestia to achieve data availability and consensus. At the same time, Celestia’s native token, TIA, was distributed to 580,000 users as an airdrop.
Although TIA’s performance at the opening wasn’t impressive, only $2.9, its price has increased 4.7 times in less than two months. As of the time of writing, it is at $13.83. If users who received the airdrop still hold it, the profits are considerable.
Further reading:
In-depth Analysis of Celestia’s Core and Economic Model: Modular Blockchain Narrative Set to Explode?
Solana Released the First Blockchain Phone “Saga” in May this year
Although the initial sales of Saga were not ideal, users who held the Saga Genesis Token obtained when activating the Saga phone could claim up to 30 million Bonk meme tokens worth over $700 in the Bonk App.
Further reading:
Solana’s Saga Phone Sales Increase 10 Times! Airdropped Token BONK Exceeds Its Retail Price
In fact, BONK is not a newly launched meme coin. It went live on December 25th last year and also airdropped 10 trillion tokens (10% of the total supply) to NFT holders on the Solana chain. If the airdropped tokens have not been sold, their current value is already worth thousands of dollars.
Looking back at the interaction between project teams and users over the past three years, although the specific airdrop strategies and technologies may be adjusted over time and market conditions, the core value of airdrops, as a form of incentive and reward mechanism, will continue to play an important role in the cryptocurrency field.


Related Reports
In-depth Explanation of Celestia’s Principles and Token Economy: How to Stake After Launch?
Brief Discussion on Celestia’s Business Approach: Onboarding Ethereum Layer2
The “Judge” Behind Celestia’s Airdrop: How Does Trusta Labs Perform Witch Detection?
Tags:
1inch Network
Arbitrum
BONK
Celestia
CoinGecko
dYdX
Ethereum Name Service
Internet Computer
LooksRare
TIA
Uniswap