I was taking a look at CoinMarketCap (CMC) the other day and noticed quite the chart from one of their airdrops I had entered. Since it's listing and subsequent listing on CMC, the token was down over 98.5% and that got me thinking: I wondered what does the rest look like? So, this is my deep-dive into the airdrops I've entered on CMC and where those coins and tokens are at now.
These may not be necessarily all of them as I'm sure I missed entering a few, but I'll start with those that ended in November - and for the record, I haven't won a single one.
KubeCoin $KUBE - The initial airdrop started on October 20th 2021 and ended on November 9th, 2021 it is currently an untracked token. From what I can tell so far, they launched their token on the Cardano blockchain recently, on February 2nd, 2022 and are set to release their wallet soon. KUBE aims to revolutionize the travel, food and drink industry.
SUKU $SUKU - This one started on October 10th 2021 and ended on November 10th, 2021. SUKU wants to bring Web3 solutions to creators and their brands. The airdrop starting price was $0.5103 and shortly after jumped up to an all-time high (ATH) of $1.256 shortly before the ending of the airdrop on November 5th. As of now, SUKU is sitting at $0.3264 with a drop-off of 36.038% since the initial CMC listing.
Lovelace World $LACE - LACE looks to bring build, trade and market NFTs across multiple blockchains. The airdrop started on November 5th, and ended on November 12th, 2021. CMC started tracking this coin on November 23, 2021 at a price of $1.84, reaching an ATH of $1.97 that same day. Currently, Lovelace is sitting at $0.1282, a drop off of 93.02%. since their listing on CMC.
Starter $START - Aims to bring an community based launchpad for projects to grow and start their communities. START airdrop started on November 8th with a price of $11.81, and ended on November 13th, 2021 at $10.26. As of right now, has a price of $4.68, with a drop off of 60.373% from the initial CMC listing.
OneRare $ORARE - ORARE is building a "food metaverse" creating a food and drink industry on Web3. The airdrop was from October 24th, to November 13th 2021 and CMC started tracking this token with a price of $0.8335 on November 30th, hitting an all time high of $1.01 that same day. Currently, ORARE has a price of $0.1151, a decrease of 86.191% since their initial CMC listing.
Dragon Kart $KART - KART is a 3D racing, play to earn game that was built on Binance. The airdrop was from November 9th to the16th of 2021, and CMC started tracking it on November 11th, at a price of $2.07. The coin reached an ATH of $3.20 just one day after the airdrop ended, and now sits at a measly $0.1229, a steep decline of 94.06% since the initial airdrop and tracking began.
Arche Network $ARCHE - I can't seem to find much on this token, but from their website they say they are a way to bring games to Web3. The token is currently unlisted and from what I can tell on Twitter, they have a partnership with MetaDex which had it's IDO roughly three weeks ago, and their ICO of $9 up and coming.
Playermon $PYM - Playermon looks to bring the recent surge in play-to-earn games, and NFTs together and creating a mobile game out of it. Their airdrop started on November 13th, and ended shortly after on November 16th, 2021. The coin was tracked by CMC shortly after, at a starting price of $0.2245. Since that time, it has dumped to a price of $0.209 - a decrease of 90.69%.
Zamio $ZAM - ZAM offers a Ce-Fi/De-Fi protocol that allows people to extend their stock portfolios into the crypto market using stablecoin loans. The price of their governance token started being tracked at a price of $0.1237 on December 31st, 2021 - 6 weeks after their airdrop ended. Zamio is currently sitting at $0.09576, which is up decently well over it's ICO of $0.03 which ended in early November, shortly before their air drop started. Overall, it's a drop of 22.59% since the coin has been tracked on CMC, but considering the current market, this is by far one of the better performing tokens so far!
Dogs of Elon $DOE - DOE is the mem-coin spin on CryptoPunks NFTs. Their airdrop started on October 31st and ending November 19th, 2021 with tracking on CMC starting on November 11th at a starting price of $0.1538. The token reached an ATH during the airdrop phase of $0.6651 before falling sharply to a current price of $0.037, only a 76.5% drop off from the initial tracking, but a staggering drop off of 94.5% from it's peak.
Automata Network $ATA - ATA hopes to bring high-performance computing to the Web3 space by providing seamless transactions. With an airdrop from November 1-20th, and a starting price of $1.178 at the time, it reached close to previous ATHs with this airdrop before falling back down to a current price of $0.4212. An overall decrease of 64.245% from the starting of their airdrop.
GoldMiner $GM - GoldMiner is a play to earn game that uses NFTs as a way to trade, build up and otherwise earn more rewards from their games, mostly PVP tournaments from the looks of it. Their airdrop started on November 5th, and ended on November 20th, 2021. The token started being track on CMC on November 15th, at a starting price of $0.00059, and reached and ATH of $0.00089 that same day. GM is currently sitting at a price of $0.0000275, a decrease of 95.34% from the initial tracking, and 96.9% from it's ATH that same day.
Radio Caca $RACA - RACA has done many airdrops, this one starting on November 10th, and ending on November 24th, 2021 and is the native token of the University Metaverse. Radio Caca had a starting price of $0.006344 reaching an ATH of $0.0117 about a week after the airdrop started and currently sitting at $0.002, a decline of 68.5% from this airdrop. However, since RACA has started doing airdrops and the tracking began back in October - and they are on their 7th one ongoing - the price has increased from a measly $0.000295, or an increase of nearly 578%! So if you got lucky, and got in on this coin from one of their initial airdrops, and sold at the top, you could have gotten away with some big money on this.
KAKA NFT World $KAKA - A gaming platform focusing on the Metaverse blockchain, KAKA plans to bring NFTs and DeFi together through trading, e-Sports, and more. The airdrop started on November 16th, and ended on November 27th, 2021. Soon before the end of the airdrop, CMC started tracking the token at a starting price of $3.1354, and shortly after that same day reached an ATH of $4.971. Since then, it has been a steady decline, sitting currently at $0.2574 - a decrease of 91.79% from the initial tracking, and 94.82% from it's peak that same day.
Overall - if you invested into these projects on the day the airdrop started, and sold today - you'd be down around 73.28%. If you take out the two best performing coins in Zamio and SUKU, you chose not to invest in these and did the same strategy with all the others - you'd be down a whopping 82.07%. However and you've noticed, a vast majority of these coins pumped, and some quite heavily, soon after their airdrops started, with many of these coins and tokens reaching all-time highs shortly thereafter. Out of the 15 projects, 12 of which had prices that were tracked, five of them had loses over 90%.
Keep in mind that Ethereum ($ETH) during this time period - we'll go by mid-November the 15th - had a price of $4,216. Currently, ETH is sitting at $2,887, or a decrease of 31.523%. With that information handy, we can see that one project - Zamio - outperformed ETH, and one project in SUKU came close.
I hope to do a December version coming up soon, but there are still a few of them that have not completed their airdrops yet and are still awaiting results, so we'll cross that bridge when we get to it. All the information that's in here was directly from CoinMarketCap.com whether that be the information about the project, or the charts that were used. I hope you all enjoyed this little deep-dive and can use some of the information I've gathered here!
