Airdrop

Airdrops can quickly propel a project from obscurity into the spotlight, helping it rapidly build a user base and enhance market visibility. However, from counterfeit websites to tools laced with backdoors, hackers have set traps throughout the airdrop process. This guide will analyze common airdrop scams to help you avoid these pitfalls.

Gate Research Daily Report: On September 13, BTC price increased by 1.30%, currently at $58,150.4, with a total rise of 3.66%. ETH price saw a slight increase of 0.28% to around $2,360, with future trends depending on a breakout from the current consolidation range. Ethereum’s daily gas usage reached an all-time high on September 1. DOGS has the highest total holdings across the network, amounting to $24.555 billion. Yesterday, Bitcoin ETFs saw a net outflow of $39.02 million, while Ethereum ETFs had a net outflow of $20.14 million. 1inch released an innovative cross-chain whitepaper, introducing the Fusion+ protocol aimed at simplifying user experience. eToro USA LLC has agreed to pay $1.5 million to settle charges from the SEC.

Join the third airdrop for Nyan Heroes! Play from September 4 to September 25, 2024, and earn rewards from a 5 million $NYAN token pool. To participate, link your Solana and Epic Games accounts to Nyan Heroes and collect at least 2,000 MEOW points through daily, weekly, and special in-game tasks. Tokens will be awarded based on your MEOW points, with no purchase necessary. Experience the game, earn tokens, and be part of a pioneering blockchain gaming project. Don't miss this chance to join the Nyan Heroes community and benefit from exciting rewards!

Gate Research Daily Report: September 11 —In the past 24 hours, Bitcoin rose by 0.94%, while Ethereum gained 1.34%. Among altcoins, notable increases were seen in sectors such as gaming blockchains, storage, and AI agents. U.S. Bitcoin and Ethereum spot ETFs saw net inflows of $116.9 million and $11.44 million, respectively. Bitcoin mining difficulty has shown an upward trend over the past six months, reaching a new peak in September. ENS Labs announced that PayPal and Venmo will support the Ethereum Name Service (ENS). Additionally, three projects publicly announced funding rounds in the past 24 hours, raising over $17.1 million, primarily in the gaming and DeFi sectors.

Gate Research Daily: September 10 — BTC price increased by 3.33% Over the past 24 hours, while ETH rose by 1.94%. Altcoins saw broad gains following BTC’s rebound, with notable surges in sectors like BTC sidechains, cat-themed cryptocurrencies, and AI Agents. Bitcoin spot ETFs recorded a total net inflow of $287 million, while Ethereum spot ETFs saw a net outflow of $5.2 million. The development team behind Friend.Tech announced they have relinquished control of the platform’s smart contract. On September 10, three projects publicly announced funding rounds, raising over $16 million collectively, spanning gaming, AI, and oracle sectors.

Gate Research Daily Report: September 6, in the past 24 hours, BTC fell by 0.28% and ETH dropped by 0.81%, with the market continuing to fluctuate. As the broader market declined, altcoins also saw a drop, though some tokens rose due to positive news. U.S. August ADP employment data came in at 99,000, well below the expected 145,000, marking the smallest increase since 2021. The decentralized derivatives protocol GMX launched its liquidity vaults (GLV) to enhance capital efficiency and increase returns for liquidity providers. Additionally, four projects announced public funding rounds, raising a total of over $36 million.

Gate Research Daily Report: September 9, over the past 24 hours, Bitcoin and Ethereum have risen by 1.32% and 1.04%, respectively. Bitcoin stabilized around $55,100, and Ethereum held steady near $2,312, both showing short-term support levels. The U.S. August unemployment rate met expectations, while non-farm payrolls came in below forecast, increasing the probability of a 25 basis-point rate cut by the Federal Reserve in September to 70%. Additionally, Ether.fi reported August revenue of $2.19 million, with 5% allocated for ETHFI buybacks and LP mining. OORT updated its tokenomics, extending the team’s token lock-up period. Fractal Bitcoin launched its mainnet and unveiled its tokenomics model.

Gate Research Weekly Market Review and Outlook: This week, BTC and ETH entered a consolidation phase, with short positions dominating the market. The "September Sell-off" sentiment has dampened market participants' outlook. Despite this, a few sectors—notably Privacy and Yield Farming—attracted capital inflows. Ethervista demonstrated robust trading volume, while Polygon's token upgrade sparked community interest. Unfortunately, Penpie fell victim to an attack, with the perpetrator exploiting a validation vulnerability to steal crypto assets. Looking ahead, upcoming token unlocks and macroeconomic data releases are poised to shape market trends next week.

The popularity of Black Myth: Wukong and the rise of DOGS Meme coin have triggered in-depth thinking on Web3 value investment and attention economy.

Gate Research Daily Report: September 4, Both Bitcoin and Ethereum experienced significant declines In the last 24 hours, with market performance appearing weak. Bitcoin ETFs saw net outflows of $280 million, while Ethereum ETFs had net outflows of $47.4 million. The Governor of the Bank of Japan stated that interest rate hikes would continue if economic and inflation data meet expectations. Additionally, Aave has partnered with Sky to launch the Sky Aave Force initiative. In the last 24 hours, the crypto sector raised a total of $18.8 million, covering areas such as GameFi and blockchain security. On September 2, Ethena Labs announced the launch of its Season 3 airdrop campaign.

Gate Research Daily Report: September 3, Bitcoin's price rebounded to around $59,000 after hitting a low of $57,129. Meanwhile, Ethereum found support after dropping to approximately $2,400, climbing back to around $2,500. Altcoins have started to recover in the past 24 hours, following BTC's price movements, with significant gains seen in sectors like BTC Ordinals, Solana Memes, and Yield Farming. Pendle's eBTC has surpassed $15 million in total value locked (TVL), making it the highest-yielding BTC staking project among those with TVL exceeding $1 million. Additionally, four projects publicly announced funding rounds, with the highest disclosed amount being $6 million, covering sectors such as AI, DeFi, stablecoins, and Ethereum Layer 2.

Gate Research Daily Report: September 2, BTC and ETH prices have recently pulled back, with Bitcoin dropping to $57,500 and Ethereum falling to $2,435. On August 30, Bitcoin ETFs experienced a net outflow of $175 million. Market contract liquidations were predominantly on long positions, with total network liquidations exceeding $130 million. Bitcoin miners' revenue reached a new annual low in August. Symbiotic's Total Value Locked (TVL) surpassed $1.5 billion. WazirX plans to discuss restructuring and pause applications. Following the Self Chain rebranding, the total token supply inflated, leading to protests within the community. Additionally, multiple projects secured significant funding, with the largest raise being $4 million and total financing amounting to $11.25 million.

Gate Research Daily Report: August 29, Bitcoin experienced a slight uptick, hovering around $59,000, while Ethereum, after a brief dip, bounced back to above $2,500. Both Bitcoin and Ethereum ETFs saw net outflows. OpenSea received a Wells Notice from the SEC, indicating potential legal action. The prediction platform Polymarket reached a new monthly trading volume record, surpassing $450 million. WazirX filed for a moratorium in a Singapore court, seeking debt restructuring. Several crypto projects secured funding across various sectors, including computing power, payments, and gaming. Additionally, Every Finance and Mantle Network are offering opportunities to earn token rewards.

Gate Research Weekly Review & Outlook: Over the past week, BTC retreated after a brief uptick, falling nearly 3%, while its market dominance reached a new cycle high of 55.95%. ETH mirrored BTC's weakness, dropping over 3.9%. Bitcoin ETFs saw net inflows exceeding $28 million this week, while Ethereum ETFs continued to experience net outflows. Despite Nvidia's earnings beating expectations, its stock plummeted in after-hours trading, triggering a pullback in AI-related tokens. Sony's new Layer 2 solution, Soneium Minato, launched with impressive momentum, seeing 1,000 ETH staked within its first minute. Notably, significant amounts of OP and SUI tokens are set to be unlocked soon. Meanwhile, the viral success of the game "Black Myth: Wukong" has sparked speculation in related meme tokens.

Gate Research Daily Report: On August 28, over the past 24 hours, Bitcoin's price dropped by 5.85%, accompanied by a surge in trading volume. The U.S. Bitcoin and Ethereum spot ETFs saw net outflows of $127 million and $34.5 million, respectively, reflecting a pessimistic market sentiment. Altcoins broadly declined, particularly in the BTC Ordinals and modular blockchain sectors. The TON network experienced an outage due to excessive DOGS token trading, prompting several exchanges to suspend related services. MakerDAO rebranded to Sky and introduced the USDS stablecoin along with the SKY governance token. Additionally, seven projects raised a total of $52.57 million, focusing on DeFi, AI, and zero-knowledge proof technologies.