Nearly Half of Major Crypto Airdrops Peak in Value Within First 2 Weeks

CoinGecko's analysis of 50 major crypto airdrops from early 2020 to February 2024 found that 46% reached their highest valuation within the first two weeks after release, suggesting that recipients may have benefited most from selling relatively quickly. Specifically, 23 of the 50 airdrops peaked during the first 14 days, and the report stated that the best time to sell may be within 14 days of receipt to maximize profits. Ethereum Name Service (ENS) and X2Y2 rose 73% and 121% respectively within two days of trading, while 27 airdrops peaked more than two weeks after distribution, including Uniswap's UNI during the 2021 bull run.