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Jones
@sophdfhia
A Bitcoin price drop can ripple through the cryptocurrency sports and fitness industry, reducing funding for blockchain-based fitness apps and sports betting platforms reliant on crypto transactions. Lower valuations may deter investment, stalling innovation and adoption. Market consolidation often follows, favoring larger players with robust resources, while smaller projects struggle to compete or secure capital, risking closure or acquisition. However, resilient startups may adapt by diversifying revenue or leveraging community support. Recent notable airdrop projects include Meteora, distributing tokens to Solana liquidity providers; Hyperliquid, rewarding early decentralized exchange users; and Berachain, incentivizing testnet participants. These airdrops aim to boost engagement and decentralize ownership, offering opportunities for users to earn free tokens amid market shifts. Staying informed on eligibility is key to capitalizing on these initiatives.
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