OpenSea: Everything You Need to Know About the Token Airdrop Speculation

Three years after a peak NFT mania that drove monthly trading volume to billions of dollars and put the Bored Ape Yacht Club on The Tonight Show, the collectible tokens are once more gaining steam—and so is popular NFT marketplace OpenSea. 

NFT trading volume recently hit a three-month high, and after marketplace competitor Magic Eden concluded its own ME airdrop, speculation is heating up about a potential OpenSea token. 

The marketplace may or may not be teasing it, recently asking X (formerly Twitter) followers “How long have you been using OpenSea?” Many traders took it as a cheeky nod to user loyalty, typically a key metric used by platforms determining token airdrop allocations.

The firm’s biggest competitors, Blur and Magic Eden, have both completed airdrops to their…