Every Major Ethereum Token Airdropped in 2021 Is Down Over 50%

Key Takeaways

• The Ethereum community has seen another two airdrops over the last few days, but both tokens have tanked since their launch.
• Every other major airdrop on Ethereum in 2021 has led to an initial buzz in the market followed by a selloff.
• While other coins in the market have been recording new highs this week, all of the major Ethereum tokens that launched with an airdrop this year are down over 50%.