Cryptocurrency has been a popular topic in recent years. Recently, a massive five-figure airdrop triggered the attention of the crypto community. A user calling himself WSB Mods on Twitter asked people to share their Ethereum wallet addresses, without mentioning anything about an airdrop. However, when the WSB token made its way to the Ethereum network, those who had shared their wallet addresses were prompted to have an airdrop. To the surprise of many, the value of their token allocations skyrocketed. One airdrop recipient was the lucky owner of 7 ETH, or around 14,000 dollar at the moment of sale.

The news of the five-figure airdrop spread like wildfire online, leading to the token’s price skyrocketing. Currently, the amount of holders is rapidly increasing, with close to 5,000 holders joining in just 24 hours, possibly due to its association with the Wall Street Bets subreddit. It’s Liquidity is also sky-high, with over 1.6 million dollar currently locked in.

Though the success stories of such a generous airdrop are mind-blowing, they bring a few important warnings. First of all, posting one’s wallet address to the public domain is a security risk. It may lead to malicious actors monitoring one’s transaction and account balances, or claiming fraudulent tokens from the user. Hence, it is important to be careful when claiming an airdrop, and it is even better to only receive airdrops from verified sources.



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