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Definition: airdropped token


A reward in tokens given to people interested in a new cryptocurrency. Delivered to users who have crypto wallets, airdropped tokens are a way of spreading the word about a new coin. Users may have to post information about the crypto, mention it in some blog or article or simply show curiosity. In many cases, airdropped tokens are part of an overall scam to make money and run for the hills. See crypto glossary.