MetaMask Denies Airdrop Rumors, Warns Against Scammers

By Emma On Mar 29, 2023

MetaMask, one of the most widely used cryptocurrency wallets, has been in the news lately for its rumored airdrop. However, on March 29th, the MetaMask Twitter account debunked the rumors, stating that there would be no snapshot or airdrop on March 31st. The false rumors had claimed that users would have to swap four trades worth over $1,000 to qualify for the airdrop.

While the rumors may have been false, they did have a positive impact on MetaMask’s user activity. According to Scope Protocol, the cryptocurrency wallet recorded 2,352 new users and 13,644 transactions, the second-highest in the last 90 days.

🚨There are quite a few false rumors going around about a MetaMask snapshot/airdrop/etc. on March 31.

These rumors are not only false, but they are dangerous. They create opportunities for scammers and phishers.

Please be on the lookout for fake sites in the coming days🙏

— MetaMask 🦊💙 (@MetaMask) March 28, 2023

Airdrops have become a hot topic in the cryptocurrency world recently, with major projects such as Arbitrum, Optimism, and Aptos dropping hundreds of millions of dollars in tokens to incentivize user adoption. This has made airdrops a lucrative investment channel for some.

MetaMask, which offers not only basic transfer functions but also bridge and swap features, has been continuously developing new features to cater to the needs of its users. On March 28th, ConsenSys, the company behind MetaMask, launched the zkEVM Linea testnet, a network designed for privacy and scalability. The company also announced that there would be rewards for those who participate in building the network, although no specific details were given.

While the false airdrop rumors may have been disappointing for some, MetaMask’s continued growth and development show that it remains a popular and reliable cryptocurrency wallet option for many. It is important for cryptocurrency users to remain vigilant and avoid falling for scams, especially during times of increased activity and attention.

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