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Its airdrop, one of the largest in crypto history, was a defining moment. Since the airdrop, Hyperliquid's token has surged from just over $3 to more than $27 today.
2. Airdrop Scam. Airdrops are promotional strategies in the cryptocurrency space that distribute free tokens to attract users and generate interest in new projects.
An airdrop is an unsolicited distribution of a cryptocurrency token or coin, usually for free, to numerous wallet addresses. Airdrops are often associated with the launch of a new cryptocurrency or a DeFi protocol, primarily as a way of gaining attention and new followers, resulting in a larger user base and a wider disbursement of coins. [1]
A dusting attack or dust attack is an attack on a cryptocurrency wallet that sends tiny amounts of cryptocurrency (known as "dust") to that wallet in order to uncover the identity of the wallet's owner. [1] Information can then be used to obstruct receiving legitimate payments [2] or phishing scams. [1]
Finally, there's Chainlink (CRYPTO: LINK), which continues to be the preeminent oracle coin in the crypto market. It now has a market cap of $15 billion, and is up 62% for the year.
Auroracoin (Abbreviation: AUR; sign: ᚠ) is a peer-to-peer cryptocurrency launched in February 2014 as an Icelandic alternative to bitcoin and the Icelandic króna. [1] [2] The unknown creator or creators use the pseudonym Baldur Friggjar Óðinsson (or Odinsson). [2]
This integration enables the use of Stellar’s native cryptocurrency, XLM, and the fiat-backed stablecoin USDC (USD Coin) by the company Circle. Circle is a regulated fintech and it’s USDC Cryptocurrency stable coin is a trusted, widely accepted and highly liquid digital dollar; for seamless cross-border payments and real-time settlements.
Toncoin is the principal cryptocurrency of The Open Network (TON) blockchain, and in particular of its masterchain and basic workchain. It is used for transaction fees, securing the blockchain through staking, deciding how the network develops, gas payments (i.e., smart-contract message processing fees), and settling payments. [32] [33]