Best time to sell airdropped coins? CoinGecko: Most profit within two weeks
The cryptocurrency data platform CoinGecko has compiled the time and returns required to reach a new price high for the top 50 airdrop projects in the past.
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When is the Best Time to Sell Airdrops?
According to CoinGecko, among the top 50 airdrops, approximately 46% of the 23 tokens hit their all-time highs within two weeks after the airdrop, suggesting that the optimal time to sell airdrop tokens might be within two weeks. Some of these projects include:
Ethereum Name Service ENS: +73% on Day 2
X2Y2: +121% on Day 2
Blur BLUR: +90% on Day 6
LooksRare LOOKS: +192% on Day 10
ArbDoge AI AIDOG: +425% on Day 14
There are also 7 projects that peaked on the airdrop day itself, such as Jupiter JUP, which opened at $0.66 and then dropped nearly 30% with no recovery in sight.
Bull Markets Drive Airdrop Coin Price Peaks
CoinGecko also points out that with the market sentiment leaning bullish in 2023 and 2024, 8 airdrop projects reached their all-time highs over 100 days later, including:
Arbitrum ARB: 68%
Bonk BONK: 28,091%
Celestia TIA: 777%
Optimism OP: 186%
Aptos APT: 34%
WorldCoin WLD: 249%
Arkham ARKM: 67%
Maverick MAV: 38%
As of February 20, 2024, the time taken for the top 50 airdrops to reach their price peaks and the returns at that time are listed as follows:
| Project Name | Time Taken | Peak Return at ATH |
| Optimism | 1.6 years | 186% |
| Bonk | 51 weeks | 28,092% |
| Arbitrum | 43 weeks | 68% |
| Osmosis | 36 weeks | 142% |
| Uniswap | 33 weeks | 1,145% |
| Bankless DAO | 33 weeks | 94% |
| Maverick Protocol | 32 weeks | 38% |
| Arkham | 31 weeks | 67% |
| WorldCoin | 31 weeks | 249% |
| Gitcoin | 27 weeks | 242% |
| 1inch Network | 20 weeks | 216% |
| ZigZag | 18 weeks | 40% |
| Aptos | 15 weeks | 34% |
| Celestia | 15 weeks | 777% |
| Orca | 13 weeks | 471% |
| Pyth Network | 13 weeks | 133% |
| The Graph | 9 weeks | 1,839% |
| Apecoin | 7 weeks | 177% |
| Xai | 6 weeks | 112% |
| Memecoin | 5 weeks |