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6 Biggest Upcoming Crypto Airdrops in 2024 (How to Qualify)

Kane Pepi
Kane Pepi | Verified by Alan Draper
Last updated: | 17 min read
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Airdrops are ‘free’ coins or tokens distributed by a crypto project, usually to raise publicity for a new coin on the market, to promote its use, or to reward long-term holders.

This guide reveals the best crypto airdrops for 2024. Read on to discover the newest and most valuable airdrops that shouldn’t be missed.

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  • First of its kind daily rewards based on the performance of Mega Dice Casino
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  • $2,250,000+ USD airdrop for casino players
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Top Crypto Airdrops 2024

Here’s our list of the best upcoming crypto airdrops in July 2024:

  1. 99Bitcoins Token ($99BTC) – Learn-to-earn token from crypto education company.
  2. Mega Dice Token ($DICE) – CasinoFi token offering $2.25 million through its airdrop.
  3. PlayDoge ($PLAY) – Community airdrop listed as the fourth phase of the project.
  4. ZkSync – Layer 2 scaling solution for Ethereum offering 2.62 ZK tokens through its airdrop
  5. Layer Zero – Omnichain interoperability protocol airdropping 8.5% of ZRO supply to various early users
  6. MetaMask – Rumoured airdrop for regular wallet users as soon as Metamask creates its own token.

Upcoming Crypto Airdrops in 2024

Some airdrops simply require you to register your crypto wallet address in order to receive the free coins, while others require tasks to be completed, such as following the crypto project on social media. Let’s get straight into it — we’ll now review the best crypto airdrops available in 2024.

1. 99Bitcoins Token – Crypto Education Company Offering a $99,999 Bitcoin Airdrop

Bitcoin airdrops are rare, yet that’s precisely what 99Bitcoins, one of the most renowned crypto education companies, has introduced. As an organization that has been around for several years, 99Bitcoins has established itself as a prominent name in the space with its extensive variety of YouTube and other social media content.

The company has conducted several other airdrops previously as well. Now, they’ll be airdropping $99,999 worth of Bitcoin to 99 community members who complete one or more steps listed on their website.

99bitcoins airdrop mobile

Participating in the airdrop requires no financial commitments, which is one reason why investors seem to be keen on becoming part of the event. The process simply requires investors to subscribe to the YouTube channel, follow its X (previously Twitter) account, repost the announcement tweet, and sign up as a user on the 99Bitcoins website.

Led by entrepreneur and Bitcoin enthusiast Daniel K. Morgan, the company has become a source of detailed knowledge about Bitcoin and other cryptocurrencies, drawing on years of expertise and a community of over 700,000 keen learners at the moment. With a massive community and a chance at winning an exciting amount of BTC, this airdrop opportunity is surely one worth considering right now.

How to Qualify for the 99Bitcoins Airdrop

There are a total of eleven ways to qualify for the 99Bitcoins Airdrop.

  1. Signing up as a member on the 99Bitcoins website.
  2. Following 99BitcoinsHQ on X
  3. Joining Official99Bitcoins on Telegram
  4. Joining 99Bitcoins’ Discord Server
  5. Subscribing to 99Bitcoins on YouTube
  6. Following 99Bitcoins on Facebook
  7. Visiting 99Bitcoins’ presale website
  8. Submitting the presale wallet address
  9. Submitting the BTC wallet address
  10. Referring friends
  11. Clicking for a bonus entry

Status: Verified

2. Mega Dice Token – Get $2.25 Million Worth of Airdrops with this CasinoFi Token

Mega Dice Token ($DICE) is a new cryptocurrency platform that is conducting one of the best token airdrops. The token powers the Mega Dice Casino and offers staking yields and in-game discounts to players.

mega dice airdrop mobile screenshot

To promote the token’s adoption, Mega Dice is running a huge airdrop campaign, spanning three seasons. The first and last seasons will each offer $750K worth of $DICE tokens. To be one of the airdrop winners, you must stay active on the Mega Dice Casino and wager a trading volume of $5K in 21 days.

The second season will reward winners with another $750K. For this round, users can wager $DICE and other cryptos to win big rewards. Therefore, a total of $2.25 million tokens will be offered through the airdrop.

Notably, Mega Dice Token has a total supply of 420 million. 15% (63 million tokens) will be distributed as airdrop rewards.

The $DICE token can also be staked to enjoy daily platform bonuses and high annual yields. Token holders also receive exclusive access to new crypto games and promotional events. Currently, $DICE is priced at $0.069 per token during the first presale round.

Learn more about this crypto by reading the Mega Dice Token whitepaper and joining the Telegram channel.

How to Qualify for the Mega Dice Token Airdrop

  • Wager $5K in trading volume within 21 days on the Mega Dice Casino.
  • You can also win airdrops by wagering any crypto on the casino.

Status: Verified

What is an Airdrop in Crypto?

An airdrop is when a crypto project gives out free coins to its community to boost its project’s visibility, increase the circulating supply of coins, and stimulate trade. Most airdrops require users to complete small tasks to qualify. For example, users might need to ‘Like’ the project’s Twitter page or join its Telegram channel.

In other cases, users might qualify by engaging with the project, such as playing games or voting in polls. The LayerZero airdrop requires participants to have actively engaged with the protocol. Some of the best crypto airdrops don’t require any activity at all. Users simply need to enter their wallet address and wait for the tokens to arrive. Either way, crypto airdrops are a win-win situation for both parties. From the perspective of the project, airdrops allow it to build exposure to the broader crypto community.

What are Crypto Airdrops?

This is especially the case when users are required to ‘Like’, share, and follow social media channels. Airdrops also benefit participants, as it enables them to earn crypto tokens without needing to risk any money. Participants can then swap their tokens for another crypto asset or even cash out for fiat money.

  • As the crypto market becomes more saturated, the value of airdrops continues to rise.
  • For example, we mentioned that 99 Bitcoins is airdropping $99,999 worth of BTC.

Some airdrops allow users to earn established cryptos. For example, BRC-20 DEX has allocated $10,000 worth of USDT. This makes it easier to exchange the tokens for money. That said, not all crypto airdrops are legitimate. Be particularly careful when connecting a wallet to the airdrop website – it could be a scam aimed at draining its contents.

What Are Crypto Bounties?

Crypto bounties are similar to crypto airdrops, as they allow users to earn free tokens without risking any money. However, crypto bounties specifically require users to complete tasks to qualify. As we mentioned above, this usually requires users to engage with the crypto project’s social channels, for example, by retweeting posts or reading the project’s whitepaper. This helps the project build a community of followers and offers online greater exposure.

In some cases, crypto bounties offer free tokens when users find vulnerabilities – for instance, if the project’s smart contract has a weakness that could be exploited by hackers.

Types of Crypto Airdrops

There are many different types of crypto airdrops, each with its own ‘difficulty’ level. Put otherwise, while some airdrops require minimal input, others are more time-consuming. Let’s take a closer look at the different airdrop types available in 2024.

Low-Effort Crypto Airdrops

Low-effort crypto airdrops typically take seconds to complete. This often requires nothing more than a wallet address. The tokens will then be airdropped to each user that provided their wallet. Similarly, some airdrops are given to users simply for holding another crypto.

For example, as explained in an IRS memorandum , Bitcoin Cash was airdropped to all Bitcoin wallet holders in 2017. This was done on a like-for-like basis. Meaning those with 1 BTC received 1 BCH. Low-effort airdrops are the most popular, considering they require little to no effort.

Medium-Effort Crypto Airdrops

Next, there’s medium-effort airdrops. These usually require users to complete basic tasks. For example, sharing the project’s social media posts or joining its Telegram channel. Although tasks are simple, they still require some effort. The airdrop’s framework will vary depending on the project.

For example, some have a points-based system. Users earn points every time they complete a task. Once the airdrop campaign is over, those with the most points receive the most tokens. This rewards users based on participation.

How to claim airdrop tokens

Some airdrops use a lottery-based system. Users earn ticket entries for each task they complete. The more tickets earned, the higher the chance of winning free tokens.

High-Effort Crypto Airdrops

Some crypto airdrops require a lot of effort. Not only in terms of time but financial commitment. For example, some airdrops require users to financially engage with their platform. This includes Scallop, which will airdrop tokens to early adopters. This means depositing tokens into a liquidity pool to earn interest. Or deposit collateral to borrow funds.

This type of airdrop won’t be suitable for everyone, especially those who don’t want to risk money. Some airdrops require time rather than a financial commitment. This is often the case with newly launched play-to-earn games. Users are rewarded based on how much time they spend playing. This helps increase traffic, which can attract new users.

Why Are Crypto Projects and ICOs Giving Coins for Free?

Wondering why crypto projects give away coins for free? Let’s use a real-world analogy.

  • Think about the last time you were given a free snack or drink at a supermarket.
  • These taste tests cost the respective company money.
  • However, it’s a great way for companies to promote their products and receive feedback from consumers.

This concept is similar to crypto airdrops. After all, airdrops are often run by new cryptocurrencies with limited exposure. So, offering free coins to the broader blockchain community helps new crypto projects stand out in a crowded marketplace. We found that some of the best airdrops are offered by crypto ICOs (initial coin offerings).

For example, 99 Bitcoins, a trusted crypto education platform, is offering $99,999 worth of BTC. That said, airdrops aren’t only run by new projects. Even established cryptocurrencies can offer airdrops as a way to promote their ecosystems to new users.

Largest Crypto Airdrop in History

We’ll now explore some of the biggest crypto airdrops in recent years.

  • Stellar: In 2019, Stellar announced that it would be airdropping 2 billion XLM tokens. The distribution was made over 20 months. At the time, Stellar’s airdrop was valued at $120 million.
  • Uniswap: One of the largest decentralized exchanges for trading volume, Uniswap, offered a huge airdrop in 2020. Anyone who used Uniswap before September 1, 2020, received 400 UNI tokens. Uniswap hit highs of almost $45 in May 2021. At its peak, this valued each airdrop at nearly $18,000. This shows that HODLing airdropped tokens can be beneficial.
  • BitTorrent: Between 2019 and 2025, BitTorrent will have airdropped approximately 99 billion BTT tokens. Based on BitTorrent’s all-time high of $0.01426 in 2021, this potentially values the airdrop at over $1.4 billion.
  • Arbitrum: This popular layer 2 solution completed its crypto airdrop in March 2023. It airdropped 1.162 Billion ARB tokens. Based on Arbitrum’s initial listing price of $1.18, this values the airdrop at over $1.3 billion.
  • ApeCoin: Yuga Labs airdropped 150 million APE tokens in 2023 to those holding one of its two NFTs; Mutant Ape Yacht Club and Bored Ape Yacht Club. Based on ApeCoin’s all-time high of $39.40, this values the airdrop at almost $6 billion.

Latest Notable Crypto Airdrops

Project Airdrop Date Wallets Qualified Total Value of Airdrop
Wormhole Q3 2024 400,000+ 678,823,000 W tokens
Blast 2024 Ongoing Not specified
Blur.io 2024 Seasonal 300 million BLUR
Tabichain 2024 Ongoing Not specified
Myth 2024 Early adopters 6.25 million MYTHx

Check out our guide on the Wormhole Airdrop to see if you are eligible.

How to Make Money From a Crypto Airdrop

Once you receive your airdropped crypto, you’ll want to turn the tokens into money. You can only do this if the crypto tokens are already listed on a crypto exchange. If they are, you’ll need to open an account with the respective exchange. If the airdropped tokens are listed on multiple exchanges, choose one that offers high liquidity and suitable trading pairs.

Ideally, you want to swap the tokens with a large-cap crypto like Bitcoin, Ethereum, or Tether. Once you’ve opened an account with the chosen exchange, you’ll need to deposit the airdropped tokens. You can do this through a wallet-to-wallet transfer.

Finally, you can swap the airdropped tokens for another crypto. If your exchange supports fiat money, exchange the crypto for fiat, and withdraw the money out. All that being said, if you believe in the long-term potential of the project, it could be worth holding onto the airdropped tokens.

  • For example, we mentioned earlier that Uniswap airdropped 400 UNI tokens to anyone who used the exchange before September 2020.
  • When the tokens were distributed, they were worth under $4.
  • Those that sold straightaway would have received about $800.
  • However, those who held onto May 2021 could have cashed their 400 UNI tokens for almost $18,000.

Now, some airdropped tokens are offered by new crypto projects. This means the tokens might not currently be listed on exchanges. In this instance, there’s nothing you can do until the tokens officially launch.

Crypto Airdrops and Taxes

You must consider taxes when receiving airdropped tokens. According to the IRS, crypto airdrops are treated as ordinary income. This is based on the value of the airdropped tokens when you receive them.

For example, suppose you receive 100 tokens when they’re trading at $10 each. This means the fair value of the airdropped tokens is $1,000. This $1,000 should be added to your total income for the year. This will be taxed at your income rate accordingly.

Don’t Forget About Capital Gains on Crypto Airdrops

  • You also need to consider capital gains when receiving airdropped tokens.
  • The cost basis is the value of the tokens when you receive them.
  • For example, suppose you receive 100 airdropped tokens.
  • On the day you receive them, the tokens are valued at $20 each. This means the cost basis is $20.
  • If you sold those 100 tokens at $30 each, you’ve made capital gains of $1,000 ($30 – $20 x 100).

How Can You Claim Airdrops?

Airdrops can be claimed in many different ways. The specific requirements will depend on the project offering the airdrop. Let’s take a closer look at some of the most common airdrop methods.

Wallet Snapshot

One of the easiest ways to claim an airdrop is via a ‘wallet snapshot’. Put simply, this offers free crypto tokens to anyone holding a specific coin on a certain date. A good example of this is Bitcoin Cash. On August 1st, 2017, anyone holding Bitcoin was eligible for the airdrop. This was done on a 1:1 basis. So, if you owned 0.5 BTC in 2017, you would have received 0.5 BCH.

Wallet snapshot for airdrops

In theory, it would have been worth buying Bitcoin before the snapshot date just to qualify for the airdrop. However, this strategy isn’t guaranteed. After all, the value of the airdropped tokens could collapse if too many people sell at the same time. Similarly, the ApeCoin airdrop also leveraged a wallet snapshot. In this instance, those holding a Mutant Ape Yacht Club or Bored Ape Yacht Club NFT were eligible.

Investing in ICOs

Another common airdrop method is investing in ICOs. Some ICO projects incentivize investors by offering a free ticket entry to an airdrop lottery. For example, suppose the ICO allocates $100,000 of its native token to the airdrop. ICO investors receive one ticket for every $100 invested. After the ICO, the lottery will be conducted. The $100,000 pool is then airdropped to winners.

Completing Tasks

One of the most popular airdrop methods is task completion. For each task completed, users can earn points. The more points earned, the larger the share of the airdrop. Users can also be rewarded with lottery ticket entries for each task completed. The specifics vary depending on the airdrop campaign. Some of the most common airdrop tasks are listed below:

  • Following the project on social media
  • Liking and sharing social media posts
  • Reading the project’s whitepaper and roadmap targets
  • Answering questions about the project
  • Joining the project’s Telegram channel

These tasks help projects increase their exposure in the crypto industry.

Joining Crypto Exchanges

Some airdrops are offered by crypto exchanges. This usually requires users to engage with the platform, such as registering an account and making a deposit. That said, one of the easiest airdrops is currently being offered by OKX. Participants earn 5 TON for downloading the OKX app, completing KYC, and answering some questions about the Toncoin ecosystem.

We should also mention the Uniswap airdrop from 2020. Each user received 400 UNI tokens, valued at $18,000 at their peak. The only requirement was to have placed at least one trade before the cut-off date.

Staking

Airdrops can also be claimed after staking tokens. You’ll need to lock the tokens for a minimum number of days, meaning they can’t be withdrawn. Once you’ve completed the staking period, you’ll be airdropped crypto tokens. This is usually the native token backing the staking platform.

How to Find Possible Airdrops Early?

There are several reasons why finding airdrops early is beneficial. For a start, some airdrops only run for a limited period. If you haven’t met the qualification requirements in time, you won’t be able to claim the airdrop. Similarly, airdrops often come with limited space. If this is on a first-come, first-serve basis, you’ll want to get in early to avoid missing out.

But how do you find upcoming airdrops early? A good place to start is airdrop listing websites. Airdrop Alert and Airdrops.io are two options to consider. You can also try CoinMarketCap, which sometimes lists upcoming airdrop campaigns. The r/airdrops subreddit is also worth joining. With over 45,000 members, projects will often post information about their upcoming airdrops.

How to find upcoming airdrops?

Airdrop campaigns are often advertised on Twitter too. Try search terms like #airdrop or #cryptoairdrop. Consider searching regularly to ensure you’re one of the first to know about new airdrops.

The Risks of Crypto Airdrops

From a financial perspective, most crypto airdrops are risk-free. This is because you won’t need to risk any money to participate. And if the airdropped tokens can be sold on crypto exchanges, you’ve earned yourself some free cash. However, CNBC explained that investors should still be cautious when claiming a crypto airdrop.

For a start, some crypto airdrops require you to connect a wallet. If the airdrop is illegitimate, it might be able to extract your wallet details. If so, it could transfer all of the tokens held in the wallet. Another risk is the ‘Advanced Fee’ scam. The project might ask you to send a small amount of crypto before the tokens are airdropped.

However, you never receive any tokens. We also came across airdrop scams that ask for your wallet’s private key to verify the claim. The bad actor will then have access to your wallet and its entire contents. Never share your private keys with anyone.

Conclusion: What’s the Best Upcoming Crypto Airdrop?

Airdrops are a great way to earn free crypto tokens without bearing any risk. If the tokens already trade on exchanges, you’ll be able to cash them out for real money. If not, you can HODL the airdropped tokens in the hope they one day blow up.

We found that 99Bitcoins is offering the best upcoming crypto airdrop in 2024. This trusted crypto education platform is giving away a generous airdrop of $99,999 in Bitcoin to community members. This airdrop’s straightforward, no-cost participation method—simply engaging with their social media and signing up on their website—makes it highly attractive and accessible.

References

Crypto Airdrops FAQs

What is airdrop in crypto?

Airdrops are a way for crypto projects to distribute free tokens to certain wallet addresses. This is usually for completing basic tasks, such as following the crypto project on social media.

Are crypto airdrops taxable?

Yes, crypto airdrops are taxable. Like many tax authorities, the IRS treats crypto airdrops as income. You’ll also need to pay capital gains tax if you sell the airdropped tokens at a higher price.

Where to find legit crypto airdrops?

To find legit crypto airdrops, it’s best to stick with trusted and established platforms. For instance, Binance and CoinMarketCap often list upcoming airdrops. You can also visit the r/airdrops subreddit.

What is the largest airdrop of 2024?

99Bitcoins ($99BTC) is conducting one of the largest airdrops. It is distributing $99K worth of tokens to community members.