Despite their popularity, however, crypto airdrops aren’t always as risk-free as they seem. Because recipients receive tokens or coins in their wallets, there will be airdrops that are nothing more than pump-and-dump schemes. More specifically, the creator issues a token and hopes there will be enough hype surrounding it to have it listed on an exchange. Once tokens begin trading, the creator sells their sizeable portion of tokens, crashing the price. Therefore, it's crucial to do your due diligence before participating in a crypto airdrop.
