Airdrop

An Airdrop is a distribution of free tokens to a community, typically used as a marketing tool or a reward for early protocol adopters and testers. In 2026, the "points-to-airdrop" model has matured into merit-based incentive programs that utilize Sybil-resistance and Proof-of-Humanity to filter out bots. Airdrops remain a primary method for decentralized governance (DAO) bootstrapping. Follow this tag for the latest on retroactive rewards, eligibility criteria, and how to participate in the most anticipated token distributions in the ecosystem.

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Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
LMTS plunges as Limitless team offloads tokens soon after launch

LMTS plunges as Limitless team offloads tokens soon after launch

The post LMTS plunges as Limitless team offloads tokens soon after launch appeared on BitcoinEthereumNews.com. Limitless, an up and coming prediction market project, saw its token crash by over 58%. The team’s wallets started selling tokens, citing attempts at price stabilization and using concentrated liquidity.  The Limitless project saw its token crash by over 58%. LMTS sank on Thursday, becoming one of the day’s biggest losers just days after launching. On-chain data showed team wallets started depositing and trading tokens as soon as LMTS launched, causing an immediate drop in value.  LMTS lost over 58% of its value in the first day of trading, later making a small recovery. The token still relies on Aerodrome and Uniswap for its liquidity, leading to volatile prices. | Source: CoinGecko. Recently, Limitless raised a $10M funding round, expecting to tap a larger share of the growing prediction market. The funding was followed by the project’s TGE and allocation of unlocked LMTS. LMTS fell to a local low of $0.20 hours after launching. The token started out at around $0.35, later recovering the $0.30 range.  Limitless offers a simple exchange with prediction markets, built on the Base blockchain. The project joined the recent trend of micro-betting, offering short-term resolution for fast-price markets.  LMTS was distributed to small accounts The Limitless airdrop was one of the most anticipated events, as the token finally went live on October 22. As other platforms are still tokenless, the Limitless token was expected to serve as a proxy for the prediction market trend.  Multiple retail users and influencers claimed significant airdrops, also raising the risk for retail selling soon after launch.  LMTS tokens launched on Aerodrome Slipstream on Base, a DEX offering concentrated liquidity. Additionally, LMTS had several pairs on Uniswap.  Limitless claims all team wallets are locked The founder of Limitless claimed all LMTS tokens were locked for 12 months, followed by a…

Author: BitcoinEthereumNews
Top 5 Meme Coins to Buy Now That Are Shaping the Future of the Market

Top 5 Meme Coins to Buy Now That Are Shaping the Future of the Market

The post Top 5 Meme Coins to Buy Now That Are Shaping the Future of the Market appeared on BitcoinEthereumNews.com. The post Top 5 Meme Coins to Buy Now That Are Shaping the Future of the Market appeared first on Coinpedia Fintech News As the bull run enters its most aggressive stage, traders are eyeing a new crop of meme tokens poised for massive moves. Analysts are calling for gains as high as 1,700% on some of the sector’s fastest-rising names that will shape the future of the market. Here are the five meme coins investors say could deliver those kinds of returns: Little Pepe (LILPEPE), BONK, Pudgy Penguins (PENGU), POPCAT, and dogwifhat (WIF). Little Pepe (LILPEPE): The Frog With Big Ambitions No meme coin is drawing as much attention as Little Pepe (LILPEPE). LILPEPE has raised over $27.1 million in Stage 13 for $0.0022 per token, with more than 16.5 billion tokens sold. That’s already one of the largest presales of 2025, and it shows no signs of slowing down. The hype isn’t just about memes. LILPEPE is developing an Ethereum Layer 2 blockchain designed for meme tokens, providing new projects with a cheaper, faster, and safer platform for launch. It’s a move that blends meme culture with real infrastructure, a rare combination that could turn speculative buzz into long-term growth. Already audited by CertiK and listed on CoinMarketCap, LILPEPE is gaining legitimacy while maintaining its meme-driven energy. With predictions suggesting it could debut on exchanges near $0.10 before aiming for $3 by 2026, the upside is clear. A small $500 entry could easily turn into tens of thousands if forecasts play out, which is why many believe LILPEPE is the meme coin of the year. BONK: Solana’s Favorite Meme Returns Strong Bonk, at $0.00001482 with a $1.14 billion market cap, is Solana’s memecoin star, up 128.69% this month. Analysts see $0.00021 by Q4, a 2000% jump, driven by…

Author: BitcoinEthereumNews
Solana Saga was shut down just two years after its release. Can Seeker, which has fully switched to Solana, avoid repeating the same mistakes?

Solana Saga was shut down just two years after its release. Can Seeker, which has fully switched to Solana, avoid repeating the same mistakes?

By Frank, PANews Solana Saga, the Web3 mobile phone once highly anticipated by the industry, saw its technical support terminated just two years after its release. It went from being largely ignored to a buying frenzy sparked by its airdrop, and then to its abrupt closure, rendering the devices of 20,000 early adopters practically "electronic bricks." Saga's dramatic turnaround has sparked widespread concern and profound questions across the industry: Is the encrypted phone a false proposition? Was Saga's brief but brilliant lifespan a costly failed experiment, or did it illuminate a nontraditional path to success for those who followed? These questions have become even more pressing as Solana Mobile transitions fully to its second-generation product, Seeker. Solana Mobile's End of Support Announced After Only Two Years: Multiple Considerations Behind the Scenes The Saga's abrupt end was surprising. Traditional mobile phone manufacturers typically provide technical support for a phone for 5-7 years. However, Saga's support ended after only two years. The main reason behind this may reveal the significant operational differences between smart hardware products and general Web3 projects. From a business perspective, the Saga project itself was almost destined to be a financial loss. Saga phones sold approximately 20,000 units, far short of their target of 50,000, and could not even cover the R&D, production, and marketing costs of the high-end hardware. Even niche models from traditional mobile phone manufacturers typically require shipments of hundreds of thousands of units to maintain their operations. Providing long-term support for an old product line with only 20,000 users was a heavy financial burden. To make matters worse, Saga's hardware partner, OSOM, went bankrupt in September 2024, making long-term firmware and driver updates nearly impossible. Therefore, abandoning Saga became a rational, even inevitable, business decision for Solana Mobile. They chose to cut losses and focus their limited resources on projects with a greater chance of success. From a hardware perspective, the Saga itself is a well-equipped, high-end Android phone. Compared to ordinary phones, its built-in security design and dApp applications truly address the pain points of transaction security and dApp access for heavy crypto users. However, Saga's failure demonstrates that these "product strengths" aren't enough to convince users to pay a $1,000 premium, as the vast majority of Web3 tasks can be accomplished on ordinary phones, albeit with a slightly different experience. The most immediate threat is a dramatic increase in security risks. As new security vulnerabilities are discovered, the Saga phone will become increasingly vulnerable to hacker attacks. This is undoubtedly fatal for a device designed to securely handle crypto assets. Secondly, there's the issue of "diminishing utility." As the Android operating system and dApps continue to evolve, Saga may be unable to run new versions of apps, ultimately leading to potential app failures and functional issues. Furthermore, Saga's past sales success wasn't due to the market rediscovering its strength as a mobile phone, but rather its value as a financial arbitrage tool. However, this model is unsustainable and fraught with risk. It attracts speculators seeking short-term profits, not genuine users loyal to the product and ecosystem. Once airdrop expectations fade or the market cools, this demand will quickly evaporate. As the most important hardware device in today's society, mobile phones are used in many more scenarios than just airdrops and crypto-currency activities. This is also the main reason why Saga can be sold but no one seems to be using it. However, the direct consequences of this business decision are borne by those 20,000 Saga users. Solana Mobile announced that it would stop all software updates and security patches, which means that these devices will be permanently stuck on the last security version in November 2024.   Surprisingly, there was little noticeable user reaction on social media regarding the support suspension announcement. Solana Mobile also remained silent following media reports, only increasing the frequency of reposts related to Seeker activity. This suggests that Saga's actual active user base may be significantly lower than the percentage of users who received the airdrop. From no one interested to hard to get one, the luxury airdrop brought a sales reversal Looking back at the life cycle of Solana Saga, it is like a roller coaster ride. In May 2023, the Saga phone officially launched, priced at $1,000, directly competing with flagship models from Apple and Samsung. Solana Mobile's original goal was to create a native Web3 device for crypto users and developers, disrupting the Apple-Google duopoly through hardware-level security (seed vault) and an uncensorable dApp store. However, this grand narrative failed to impress consumers. Upon its launch, the Saga phone received a lukewarm market response. By early December 2023, more than six months after its release, Saga sales had hovered between 2,200 and 2,500 units, a far cry from the "developer ecosystem critical mass" of 25,000 to 50,000 units set by Solana co-founder Anatoly Yakovenko. To mitigate the decline, Solana Mobile slashed its price by 40% to $599 in August of the same year, but this move still failed to effectively stimulate demand. The mainstream tech community was even more ruthless, with renowned reviewer Marquis Brownlee (MKBHD) declaring it the "Most Failed Smartphone of 2023," a title that accurately summed up Saga's predicament. Just as Saga was about to be forgotten by the market, an unexpected catalyst completely reversed the situation: the MEME coin BONK. Every Saga phone came with an airdrop of 30 million BONK tokens. Initially, the value of this airdrop was negligible. However, with the full recovery of the Solana ecosystem by the end of 2023, the price of BONK soared exponentially. By mid-December 2023, the airdrop was worth over $1,000, far more than the phone's then-current selling price of $599. A clear arbitrage opportunity emerged: buy the phone, claim the airdrop, and reap an instant profit. The news spread virally on social media, and Saga's narrative instantly transformed from a failed tech product into a sought-after financial tool. Sales skyrocketed. In just 48 hours, Saga sales increased more than tenfold, and the phone quickly sold out in the US and Europe. A frenzied secondary market sprang up, with brand-new, unopened Saga phones fetching as much as $5,000 on platforms like eBay, more than eight times their retail price. The Saga became more than just a phone; it became a ticket to a potential future fortune from airdrops. The unexpected sell-out of the Saga offered Solana Mobile a new strategy: leveraging the potential for an airdrop to significantly stimulate market demand. They quickly seized the opportunity, announcing the release of their second-generation phone, "Chapter 2" (later renamed Seeker), in January 2024, just one month after the Saga sold out. As mentioned earlier, the Seeker capitalized on the lessons of the Saga: its price was significantly reduced to $450-500, with hardware more in line with mid-range pricing, targeting a broader mass market. The market response was explosive. Driven by strong anticipation for future airdrops, Seeker secured over 60,000 pre-orders within the first three weeks of pre-orders, ultimately exceeding 150,000, generating an estimated $67.5 million in revenue. Even before the phone shipped, the value of the $MEW and $MANEKI tokens airdropped to pre-order holders exceeded the phone's purchase price. In this sense, Saga served as a pathfinder, helping the second-generation product, Seeker, build an ecosystem of over 100,000 users and establish a sales strategy driven by airdrops. However, for the more than 150,000 Seeker pre-order holders, will their devices face the same fate as Saga in two years? Can a full shift to second-generation Seeker devices solve the Web3 mobile dilemma? Saga's experience forces us to re-examine the core proposition of Web3 mobile phones. Is it an innovation with real product power, or a "pseudo-demand" that relies on external incentives to survive? As a second-generation model, Seeker is attempting to avoid repeating the same mistakes. After discontinuing support for Saga, Solana Mobile has fully transitioned to the second-generation Seeker, a more affordable phone that also focuses on encryption. Starting at $500, it's half the price of the Saga, with a $50 discount for early pre-orders. Besides being more affordable, Seeker inherits some of the features of its predecessor while also undergoing hardware upgrades and adding several new user-friendly features, such as SeekerID and a revamped decentralized app store. Notably, Seeker also plans to launch its native ecosystem token, SKR, to incentivize developers and users, driving ecosystem development and achieving better alignment. While specific details of the token have yet to be released, officials have stated that it will be distributed directly to developers and users. Furthermore, Seeker is also strengthening its incentive program by linking other apps within the mobile ecosystem with activities. For example, Seeker and its Backpack wallet app launched a promotion offering waived transaction fees for the first $1,000 spent on Seeker mobile phones. On October 23rd, Moonbirds also launched a Seeker X Moonbirds SBT airdrop specifically for Seeker. Official data indicates that over 160 applications have been built within the Seeker ecosystem. But can this ecosystem truly change the current situation where users buy but don't use? The outcome remains uncertain. While Saga, the first product in the Solana mobile narrative, has successfully established a marketing model, it also exposes a core question: Is the core competitiveness of Web3 mobile phones commodity-based or financial? If it's just an airdrop ticket, are the heavy operating costs required of a mobile phone product truly necessary? If a Web3 mobile phone wants to remain competitive despite the airdrop expectations, what should be its core selling point in such a mature mobile phone market? Today, the market situation of the second-generation Seeker is much better than that of the Saga, but until these key issues are resolved, the fate of the Saga seems likely to repeat itself.

Author: PANews
Morning Minute: DraftKings Bets Big on Prediction Markets

Morning Minute: DraftKings Bets Big on Prediction Markets

The post Morning Minute: DraftKings Bets Big on Prediction Markets appeared on BitcoinEthereumNews.com. Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors reverse and flip red; BTC -1% at $107,500 BTC ETF inflows reach $477M, not enough to counter selling DraftKings acquires Railbird, plans to launch DraftKings Predictions app Polymarket and Kalshi reach licensing agreement with the NHL Jupiter launches its own prediction market powered by Kalshi 💰 DraftKings Bets Big on Prediction Markets DraftKings just made its most aggressive move yet outside of sports betting. And it wasn’t into casino, poker, or fantasy. It was into prediction markets. 📌 What Happened DraftKings announced it is acquiring Railbird Technologies, a CFTC-regulated prediction market exchange, and will use it to launch a standalone events trading app called DraftKings Predictions. Railbird comes with what Kalshi and others fought hard for – federal approval from the Commodity Futures Trading Commission (CFTC) to let people trade real-money contracts on real-world outcomes. Now DraftKing’s 6M monthly users will get access to prediction markets (and its $15B company has a shiny new expansion path). DraftKings says the new app will launch “in the coming months” and initially cover non-sports markets – things like finance, pop culture, elections, entertainment, and news. Though sports are very likely to come later (especially in states where DraftKings is currently banned). 🗣️ What Are They Saying “We are excited about the additional opportunity that prediction markets could represent for our business. We believe that Railbird’s team and platform—combined with DraftKings’ scale, trusted brand, and proven expertise in mobile-first products—positions us to win in this incremental space.” – DraftKings CEO Jason Robins said in a statement to CNBC “DraftKings acquires prediction market firm Railbird As I shared last week…

Author: BitcoinEthereumNews
$1,400,000,000 in Crypto Buybacks: Massive Moves by HYPE, PUMP, GMX Teams

$1,400,000,000 in Crypto Buybacks: Massive Moves by HYPE, PUMP, GMX Teams

The post $1,400,000,000 in Crypto Buybacks: Massive Moves by HYPE, PUMP, GMX Teams appeared on BitcoinEthereumNews.com. $1.4 billion in buybacks registered in crypto in 2025: CoinGecko report Projects use buyback events to reduce potential selling pressure Hyperliquid (HYPE), Pump.fun (PUMP) and GMX (GMX) are the three most active players in the sphere of token buybacks. Almost 50% of all buyback volume registered in 2025 came from the Hyperliquid DEX team, the newest CoinGecko report says. $1.4 billion in buybacks registered in crypto in 2025: CoinGecko report The aggregated volume of crypto buybacks — coordinated purchases of tokens on the open market by their issuer — exceeded $1.4 billion in equivalent from Jan. 1 to Oct. 15, 2025. A total of $644 million of this unbelievable amount was bought by the Hyperliquid (HYPE) team, CoinGecko’s latest report says. Our team did a study of largest token buybacks. Seems like there’s a lot that is missing from this piece that we should include in our next update. Nevertheless, still sharing here as I thought that it’s interesting: – Token buyback spending has reached over $1.4b across 28… pic.twitter.com/bpufFxCBNy — Bobby Ong (@bobbyong) October 22, 2025 Hyperliquid (HYPE), one of the most popular perpetual DEXes of 2025, is the biggest player here, with almost 50% of total buyback volume. The leader is followed by LayerZero (ZRO), a cross-blockchain communication protocol. After holding one of the most anticipated airdrops ever, LayerZero (ZRO) initiated over $150 million in buybacks. Pump.fun (PUMP), Solana’s dominant meme coin no-code launcher, bought back 3% of the total PUMP supply, having spent $138 million in 2025. GMX, another decentralized exchange for perps, despite being only the 11th largest buyback project by volume, repurchased 13% of the GMX circulating supply. A significant portion of these tokens was redistributed among the community, data says. Raydium (RAY) and Jupiter (JUP), two dominant Solana DEXes, are also among active buyback…

Author: BitcoinEthereumNews
Arbitrum Falls 8%, Cardano Turns Bearish, and BlockDAG’s Viral TGE Code Pushes Presale Toward the $600M Milestone!

Arbitrum Falls 8%, Cardano Turns Bearish, and BlockDAG’s Viral TGE Code Pushes Presale Toward the $600M Milestone!

Explore how Arbitrum slides, Cardano turns bearish, and BlockDAG’s TGE Code fuels its surge toward the $600M presale milestone!

Author: Blockchainreporter
Solana Saga Loses Security Updates and Support Following Seeker Phone Rollout

Solana Saga Loses Security Updates and Support Following Seeker Phone Rollout

The post Solana Saga Loses Security Updates and Support Following Seeker Phone Rollout appeared on BitcoinEthereumNews.com. In brief Solana Saga devices are no longer receiving software updates and security patches. The product’s support lifecycle lasted just more than two years, far less than devices from Apple and Google. Solana Mobile’s focus has shifted to the Seeker, its second-gen mobile phone that will eventually get an ecosystem token. Solana Mobile is discontinuing support for the Solana Saga smartphone and will no longer offer software updates for the first-generation crypto handset, the firm announced on Monday.  As a result, new software updates and security patches will not be provided for the 20,000 Saga devices that were produced, with support only handling “general inquiries” moving forward.  “Software updates and security patches are no longer provided for Saga devices,” a community manager in the Solana Mobile Discord community said on Monday. “Thanks to all our Saga users for being part of the journey.”  The firm also thanked Saga holders on its website, adding that their feedback was “invaluable in shaping the next chapter of Solana Mobile.” The Saga was last upgraded to Android 14, first released in 2023, and its final security update is from November 2024. Solana first released the Saga—an Android phone with baked-in crypto features like a secure seed vault and a decentralized app store—in April 2023 to limited fanfare. But the phone earned a rush of demand later that year after airdrops tied to the phone surged in value, providing holders with potentially thousands of dollars in rewards. Now it’s essentially obsolete in just over two years—far less time than the marker used by Apple to characterize its mobile devices as “vintage” or obsolete, which only happens after more than seven years from release. Google similarly offers seven years of software support for its Pixel phones, while Samsung has matched that window for some devices.…

Author: BitcoinEthereumNews
Limitless Launches LMTS Token, Opens Airdrop Applications

Limitless Launches LMTS Token, Opens Airdrop Applications

Limitless introduces its LMTS token on the Base network, highlighting airdrop eligibility and detailed tokenomics.

Author: Coinstats
9 Viral Cryptos to Buy: Best Crypto Presales to Buy for November 2025 Before the Boom

9 Viral Cryptos to Buy: Best Crypto Presales to Buy for November 2025 Before the Boom

Discover why BullZilla dominates the best crypto presales to buy for November 2025. Massive ROI, Stage 7C momentum, and progressive pricing await investors.

Author: Blockchainreporter
Cardano price drops 6.5% despite the Midnight mint event

Cardano price drops 6.5% despite the Midnight mint event

Midnight airdrop enters its next stage after the project mints all 24 billion NIGHT tokens on Cardano. One of Cardano’s most anticipated projects, the privacy-focused sidechain Midnight, hit a major milestone. However, despite this, Cardano saw increased volatility due to…

Author: Crypto.news