2024’s Most Anticipated Airdrop Revealed: Crypto Airdrop Alert Uncovers Promising Opportunities
The world of cryptocurrency is abuzz with excitement over the upcoming Manta Network airdrop, which is expected to be one of the biggest events of 2024. Renowned crypto analyst Miles Deutscher has highlighted the significance of this airdrop, indicating its potential impact on the ever-evolving crypto space.
Manta Network is a “modular blockchain” built on Ethereum, and it recently launched its Manta Pacific mainnet, which is a zero-knowledge application layer 2 (ZK L2). This innovative platform allows developers to create high-performance applications with low fees and near-instant transactions. With a total value locked (TVL) of $287 million across various network protocols, Manta Network has established itself as one of the top blockchains, surpassing competitors like Kava, Gnosis, and Sui.
The sudden interest in the Manta airdrop can be attributed to the ongoing New Paradigm campaign, which incentivizes users to earn Manta tokens by bridging assets onto the network. Users can qualify for the airdrop by engaging with DeFi protocols and NFTs on Manta’s platform, with larger asset bridging potentially resulting in higher token rewards.
To participate in the Manta airdrop, Deutscher advises crypto enthusiasts to bridge at least 0.2 ETH (approximately $400) or its equivalent in USDC. The larger the bridging amount, the higher the potential token rewards in the airdrop, which is expected to take place later this month.
Airdrops have proven to be highly impactful in the cryptocurrency market, with the top 50 airdrops between 2020 and 2023 distributing a staggering $26.6 billion worth of tokens, according to recent reports from CoinGecko. The Manta airdrop, scheduled for this year, is poised to contribute to this trend of lucrative token distributions, attracting significant attention from investors and enthusiasts.
In addition to the Manta airdrop, the crypto community is eagerly anticipating another major airdrop from Jupiter, a Solana-based protocol, also scheduled for later this month. Meanwhile, Manta Pacific has experienced a significant surge in TVL, reaching $316 million and ranking 13th among all blockchains by TVL. This surge, driven by over $383 million, has positioned Manta Pacific as the 7th largest layer-2 blockchain by asset value, challenging established Ethereum layer two blockchains like zkSync and Base.
While it’s important to note that TVL is not universally standardized or consistently tracked on blockchain browsers, the projected airdrop of 50 million tokens for early users has generated considerable enthusiasm and interest in the Manta Network project.
With the anticipation building around the Manta airdrop in 2024, the crypto community eagerly awaits the potential impact this event will have on the cryptocurrency landscape.