The recent crypto market research shows that over 88% of airdropped crypto tokens and non-fungible token coins lose value within just three months after the token generation event. Most NFT Airdrops Lose Value Shortly After TGEOn September 18, DappRadar.com, an on-chain crypto market data aggregator and non-fungible token explorer that tracks non-fungible token collections from more than 10 blockchain networks, published an exclusive research report concerning crypto and non-fungible token projects-backed airdrops. Blur NFT Coin Fell +50% Shortly After LaunchThe DappRadar NFT team has highlighted $Blur as one of the non-fungible token coins that reduced its value barely three months after launch. Its airdrop in 2023 flipped the NFT market overnight, capturing 70%+ of Ethereum NFT trading volume and outpacing OpenSea by up to 5x in daily trading. More recently, memecoin-style NFT airdrops, Memecoin ($MEME), which briefly energized collectors, have also failed to sustain NFT market hype.