Who collected the Robinhood free crypto drops?

Who collected the Robinhood free crypto drops?

By 0xgult | 0xcrypto | 2 Jan 2025


So for New Years, Robinhood decided to give all of its users a free treat yesterday. Nobody knew what it was but I was guessing it was probably some cash. All you had to do is, keep the Robinhood screen open on the phone during that time and there was a countdown leading to the event. As it turns out yesterday, they dropped approximately about $7 worth DOGE coing yesterday to everyone who participated. 

After that surprise drop yeserday, they announced today that they were doing something special for their Gold members which I am so I was anticipating something a lot bigger and better but I guess the word got out and a good number of people joined and we all ended up with about $8 worth of Bitcoin today! 

So that's a total of $15 worth crypto airdrops from Robinhood between yesterday and today for their users. I wonder what their motive was in doing this but nevertheless it was a good airdrop overall. 

The initial pot was about $2.1M USD divided evenly among all the participants which meant approximately 350k people participated in the drop yesterday for DOGE coin and the pot today was about $2.5M USD which means maybe about 250k Gold people claimed their airdrops today. 

Let me know if you got yours and if you know why Robinhood did this in the first place. 

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0xgult
0xgult

I write crypto things!


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