In 2024, the crypto market witnessed several notable airdrops that distributed large sums of tokens to users and communities. The top five airdrops of the year resulted in over $19 billion worth of tokens being distributed. The most valuable airdrop was conducted by the Hyper Foundation, which rewarded users of the Hyperliquid Network with 31 million HYPE tokens. These tokens have since increased in value to over $10.8 billion. Starknet, a layer-2 scaling network, also conducted an airdrop of 700 million STRK tokens, while Pudgy Penguins launched its PENGU token and expanded to the Solana blockchain. Notcoin, a coin-tapping game, launched its token and became the biggest gaming token launch of the year. Jupiter, a Solana-based DEX aggregator, rewarded users with 1 billion JUP tokens. Additionally, there were several other airdrops valued at over $1 billion, including those by Movement, ZKsync, Eigenlayer, and Wormhole.



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