Ethereum-based protocol token, ENS records high gains post airdrop but…
In the crypto-verse early adopters are often rewarded with hefty returns. A similar gala moment was recently witnessed when the Ethereum Name Service protocol, which issues NFTs that can represent Ethereum addresses as well as web domains, distributed an airdrop for its new ENS token.
Airdrops are a token distribution method that awards a portion of circulating tokens to Ethereum addresses that fulfill certain parameters, such as having purchased an NFT. As one of the most popular apps on Ethereum enjoyed a pump in price for its decentralized autonomous organization (DAO) governance token ENS, the airdrop reaped a five-figure return for many HODLers.
In fact, for those who would have registered multiple ENS addresses to multiple wallets, the
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