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The airdrop market in the crypto space has been quite interesting lately. After several rounds of project teams dumping tokens, we finally saw the arrival of OWL, which many people have been paying attention to. This project appeared in wallet tasks half a year ago, with an airdrop expectation of over 100 tokens, worth about 8 USDT at the time. Today, it finally materialized, with an estimated price above 30 USDT, and a single airdrop could potentially reach over 400 tokens.
OWL has a solid background. Owlto Finance mainly provides cross-chain bridging services, allowing users to seamlessly transfer assets between different blockchains — such infrastructure is indeed in demand. In terms of funding, they raised 8 million USD last year, with investors including Bixin Ventures and CE Innovation Capital leading the round, and institutions like GSR, SNZ Holding, and X21 Digital also participated. Judging by the investment lineup, the project team does have some strength.
As for airdrops, yes, they can be profitable, but you need to see through the project's real progress and long-term prospects, and not just focus on a few USDT in front of you. The recent trend of BTC also remains a noteworthy signal.