Monad testnet users are approaching 18 million! Should we continue? How can we participate to obtain airdrops?
The number of active users on the Monad testnet is likely to break historical records, currently reaching 17.32 million and approaching 18 million active users. For our community of profit-seekers, the most concerning issue is: the number of testnet users is nearing 18 million. Given the current growth rate, it is highly likely to exceed 50 million in the future. Should we continue to participate in the @monad_xyz testnet? How can we engage with the Monad testnet to receive airdrops? With these questions in mind.
1. Distribution of user trading volumes on Monad: Among them, 11.46 million active users traded 1-2 times, accounting for 66.29%. 2.41 million active users traded 3-5 times, accounting for 13.95%. Thus, the total number of active users trading 1-5 times is 13.87 million, accounting for 80.24%. (Data as of March 16, 16:00)
2. Independent trading days of Monad users: There are 11.67 million active users who traded only one day, accounting for 67.52%. There are 2.94 million active users who traded for 2-3 days, making up 17%. In conclusion, the number of active users trading for 1-3 days totals 14.61 million, accounting for 84.52%. (Data as of March 16, 16:00)
3. Distribution of Monad user trading contracts: Among the active users who trade only 1-2 contracts, there are 2.26 million, accounting for 34%. Those trading 3-5 contracts number 1.39 million, accounting for 20.9%. Active users trading 6-10 contracts total 960,000, accounting for 14.38%. In summary, users trading 1-10 contracts make up 69.28%. (Data as of March 14)
Based on the analysis of three key data points from the @monad_xyz testnet, I believe there are three different strategies for engaging with Monad:
1. Premium Testnet Accounts: There are too many active users on the Monad testnet. However, through data analysis, it is found that only 19.76% of active users have traded 6 times or more, 15.48% of active users have an independent trading day count of 4 days or more, and 31.72% of active users have traded 11 times or more. This indicates that most Monad testnet users are operating via scripts from studios, lacking deep interaction. There is still a need to continue engaging with the testnet. Of course, one should also check their wallet's daily active users, weekly active users, TX, number of trading contracts, and ranking through layerhub.xyz/search?p=monad… to aim for a ranking within the top 1 million.
2. DC Role: With numerous active users on the Monad testnet, if you have more energy and time, it is recommended to leverage your presence in the Monad Discord. Obtaining the DC role may be a good choice.
3. Quality Content Creators: If you have a large follower base on X, you might consider producing high-quality original tweets about Monad to earn airdrops.
In short, obtaining an airdrop from @monad_xyz is indeed not easy. One must analyze Monad's data from multiple perspectives and make the right choice based on personal circumstances. Finally, I wish everyone can benefit from the Monad airdrop!!! 😍😍😍