According to Cointelegraph: Airdrop season seems to have arrived in the crypto sphere as three different protocols distribute over $100 million each in token airdrops. Ethereum scaling solution, AltLayer, was the first to dispatch, with an airdrop that amounted to $96 million at its current prices.
AltLayer released its token (ALT) at 9:00 am UTC on January 25, allocating 300 million tokens on its initial event. Celestia stakers awaiting ALT tokens, however, face delays due to "technical differences in the claiming mechanism."
Multilayer rollup deployer, Dymension is set to launch its mainnet soon and plans to airdrop 70 million DYM tokens. The beneficiaries are predominantly Celestia stakers and holders of Pudgy Penguin nonfungible tokens, but Solana and Ethereum ecosystem contributors will also benefit. The claiming period for these tokens closed on January 21. According to pre-market continuous contracts traded on Aevo, the DYM airdrop could potentially be worth about $210 million.
Lastly, decentralized exchange Jupiter, built on the Solana network, will launch its JUP token on January 31. One billion tokens are due for distribution in this airdrop, which at present pre-market rates could be worth approximately $410 million.
Despite the potential opportunities, crypto users are urged to stay vigilant and cautious, as scams and fraudulent accounts are prevalent on platforms such as X (formerly known as Twitter). They typically mimic the official pages of crypto firms announcing airdrops and masquerade as "airdrop claims" websites, usually associated with wallet drainers.
