Year's first airdrop hit around $3,200—honestly solid for ranking somewhere in the 25th position. Wasn't anticipating much given the allocation remained a mystery until claiming went live, plus the project only kicked off with a ~400M FDV despite getting some high-profile attention. That said, the upside surprised me a bit. The initial valuation was pretty conservative; if it had launched closer to the 2B range early projects typically see, the payout picture would've looked dramatically different. Either way, shows how timing and FDV expectations shape airdrop outcomes in this market.