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Recently, the airdrop projects and Wallet BOOSTER activities in the Web3 field are showing new trends. This Sunday, the FST project will soon launch an airdrop, adopting a first-come, first-served approach. It is worth noting that there are no phased airdrop projects this week, mostly small-scale rewards, which may be disappointing for high-scoring users.
This week there are a total of three Token Generation Events (TGE). Among them, RICE and AKE can be sold on the same day, with good performance in returns. The other presale project HEMI is still in the first phase of the BOOSTER activity and will take some time before it goes public.
As the price of BNB hits a new high, the risks associated with participating in the TGE also increase. If the TGE still requires 3 BNB, then the risk for participants who do not hedge or borrow tokens is quite considerable. Even a slight fluctuation could lead to losses of 10 to 20 dollars.
Currently, large-scale airdrop projects are rare and have limited shares, leading most projects to adopt a first-come, first-served model. This has resulted in an extended participation period, with users reporting that it takes over 20 days (including a 15-day reward distribution cycle) to reduce their score below 200.
In addition, the second phase of the BOOSTER event for the BAS project has gone live last night and will end on August 29. It is worth mentioning that this event can be completed in one go.
In the current Web3 ecosystem, opportunities and challenges coexist. Participants need to weigh risks and plan strategies wisely to achieve optimal returns in this rapidly changing market.