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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Recently, news about an Airdrop has attracted widespread attention in the encryption circle. According to a chain data analysis agency, a single entity profited up to 4 million USD from the AVNT Airdrop by using multiple Addresses, and this operation method has sparked in-depth discussions among industry insiders.
Analysis shows that these operators employed a typical 'witch' strategy. They first obtained initial funding from Coinbase, then collected USDC through a limited number of channels, and subsequently exchanged it on the Avantis platform while applying for Airdrop rewards. Notably, these wallets were almost dormant before the $AVNT airdrop, but suddenly became active during the airdrop, with their fund flows and claim patterns highly consistent, indicating a well-planned coordinated effort.
Even more surprisingly, after the operation is completed, the tokens obtained by these accounts are concentrated in a few addresses and quickly transferred to centralized exchanges such as Bybit and Gate. This behavioral pattern is reminiscent of the previous MYX incident, raising doubts about the fairness of the airdrop mechanism in the entire cryptocurrency ecosystem.
This incident not only exposed the vulnerabilities of the current Airdrop mechanism but also cast a shadow over the future development of the $AVNT project. The Airdrop event, originally intended to benefit a wide range of users, has been exploited by a few individuals to make substantial profits, which will undoubtedly dampen the enthusiasm of ordinary participants and may also impact the long-term development of the project.
This event once again sparked discussions in the industry about the reform of the Airdrop mechanism. How to ensure fairness and inclusiveness of Airdrops while guaranteeing the promotional effect of projects has become a new challenge faced by cryptocurrency project parties and communities. With the approach of the altcoin season, how to optimize Airdrop strategies and prevent similar incidents from occurring will be an issue that all project parties need to consider seriously.