When is the best time to sell airdrop coins? CoinGecko: Most profit in 2 weeks

CoinGecko compiled the past 50 large-scale airdrop projects and analyzed the time required to reach new highs in currency prices and current returns. According to their data, the time it took for some of these projects to reach peak value may have been considerable, and current returns vary.

The best time to sell airdrops?

CoinGecko pointed out that according to statistics, about 46% of the tokens in the top 50 airdrops reached all-time highs within two weeks of the airdrop. This means that the best time to sell airdrop tokens may be during these two weeks. These projects include:

• Ethereum Name Service (ENS): 73% on Day 2

• X2Y2: 121% on Day 2

• Blur(BLUR): 90% on Day 6

• LooksRare(LOOKS): 192% on Day 10

• ArbDoge AI(AIDOG): 425% on the 14th

There were also 7 projects that peaked on the day of the airdrop. For example, Jupiter (JUP) opened at $0.66 and fell nearly 30% and no improvement.

Nearly 50% of airdrops hit a high within two weeks

The bull market drives the price of airdrop coins to new highs

CoinGecko also pointed out that As the market sentiment in 2023 and 2024 is bullish, 8 airdrop projects reached ATH after more than 100 days, including:

• Arbitrum (ARB): 68%

• Bonk(BONK): 28,091%

• Celestia(TIA): 777%

• Optimism(OP): 186 %

• Aptos(APT): 34%

• WorldCoin(WLD): 249%

• Arkham(ARKM): 67%

• #Maverick(MAV): 38%

Top 50 as of February 20, 2024 The time required for the airdrop to reach a new high of the currency price and the current income are as follows:

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