Crypto airdrop farmers have five confirmed valuable opportunities to receive free cryptocurrency tokens from projects backed by renowned investors.

Hub.xyz, OG Labs, Sentient, Monad, and Succint make for the top five crypto airdrops for the last week of February.

Hub.xyz

Decentralized Web3 social platform Hub.xyz confirmed its crypto airdrop, focusing on community engagement through AI training. The platform connects creators with brands through AI-powered solutions, leveraging artificial intelligence to analyze audience interactions and content trends.

The airdrop rewards users for active participation in training the platform’s AI agents through social interactions on X (Twitter). Participants earn IQ Points based on the quality and intelligence of their contributions, which can later be converted into HUB tokens during the Token Generation Event (TGE).

The campaign entails direct participation rewards and a referral program. Users maximize their potential earnings when they invite others to join the platform.

“[Tips to maximize rewards include] providing thoughtful and intelligent responses when interacting with AI agents and engaging regularly with Hub.xyz’s content on X. Also, focus on quality over quantity in your interactions, reach the minimum level requirement (Level 4), and share your referral link with others to earn additional rewards. Accumulate at least 3,100 IQ points,” airdrops.io reported, citing Hub.xyz.

OG Labs

Crypto airdrop farmers can also interact with OG Labs (OG Network), a modular AI chain combining Layer 1 (L1) blockchain technology with decentralized AI capabilities. The project confirmed its airdrop following $325 million in funds raised from notable investors, including Hack VC, Animoca Brands, Delphi Ventures, OKX Ventures, and Samsung NEXT.

Based on this, the OG Network team allocated $88 million for their Ecosystem Growth Program. It includes various community initiatives and potential rewards for early participants. The exact airdrop structure remains unannounced, but the project has launched multiple testnet activities and community engagement programs.

Farmers can now participate in testnet activities and various tasks that may contribute to future airdrop eligibility. The team emphasizes active participation in the ecosystem’s development through testing and community engagement.

Sentient

Blockchain service Sentient is also on the list of top crypto airdrops for the last week of February. The project raises $85 million in a three-tier fundraiser co-led by industry titans like Pantera Capital, Framework Ventures, and Founders Fund.

Sentient added the opportunity to interact with Dobby, an AI model developed by Sentient Foundation for NFT Holders. With it, users can communicate with the AI and rate the answers. This is one of the first activities to start testing the Sentient product. It also updated Dobby to V2.

Further, Sentient is collaborating with Fraction AI, introducing a space where users can join, earn fractals, and keep farming the Fraction AI airdrop.

“Fraction AI has teamed up with Sentient to launch a new space where you can join and earn fractals! By completing this update, you will be using Sentient’s Dobby-mini while farming the Fraction AI airdrop. Plus—a $5K reward pool is also up for grabs,” sector researcher Airdrop Adventure reported.

Monad

Monad, which raised $244 million with DragonFly Capital and Paradigm co-leading the fundraiser, has joined the list of top crypto airdrops this week. The project launched the testnet on February 19, and users have already requested test tokens.

“Monad testnet is live,” the project revealed recently.

The project rewards participation, with Discord roles reflecting user time in the community and their contribution style.

“If you have a “Full Access” role in the Monad Discord, you will receive 5 MON. If you hold at least 0.01 ETH on the Ethereum Mainnet and have made an outgoing transaction, you will receive 2 MON. All others will receive 0.05 MON,” Cryptorank reported, citing Monad.

Succinct

The top crypto airdrop to watch this week is Succint, a blockchain infrastructure project that raised $55 million from Paradigm, Robot Ventures, and Bankless Ventures, among others.

Succinct also launched its testnet, which is quite difficult to participate in because of the limited number of testers. Only 20,000 users have access to the testnet for now, but new spots will come up over time.  

“The Succinct Prover Network Testnet is LIVE. Generate proofs, earn stars,” Succinct said.

Participants need to play all available games and earn stars in return. These stars can be claimed on the stars tab, and users can track their progress on the leaderboard.

Notably, the Succint team will attend the ETH Denver this week and has committed to “secret special sessions” with crypto and blockchain sleuths.

Bitcoin price failed to gain pace for a move above the $100,000 zone. BTC again declined and is currently consolidating near the $96,000 zone.

• Bitcoin started a fresh decline from the $99,500 zone.
• The price is trading below $97,500 and the 100 hourly Simple moving average.
• There is a connecting bearish trend line forming with resistance at $96,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).
• The pair could start another increase if it stays above the $95,000 zone.

Bitcoin Price Dips Again

Bitcoin price formed a base above the $95,500 level and started a recovery wave. BTC was able to surpass the $97,000 and $98,500 resistance levels.

The price even cleared the $99,000 resistance level. However, the bears remained active below the $100,000 level. A high was formed at $99,481 and the price started a fresh decline. There was a move below the $98,000 and $96,000 levels.

A low was formed at $94,888 and the price is now recovering. There was a move above the $95,500 level. The price surpassed the 23.6% Fib retracement level of the downward move from the $99,481 swing high to the $94,881 low.

Bitcoin price is now trading below $97,200 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $96,500 level. There is also a connecting bearish trend line forming with resistance at $96,400 on the hourly chart of the BTC/USD pair.

The first key resistance is near the $97,200 level or the 50% Fib retracement level of the downward move from the $99,481 swing high to the $94,881 low. The next key resistance could be $97,750. A close above the $97,750 resistance might send the price further higher. In the stated case, the price could rise and test the $98,800 resistance level. Any more gains might send the price toward the $99,500 level or even $100,000.

Another Decline In BTC?

If Bitcoin fails to rise above the $97,200 resistance zone, it could start a fresh decline. Immediate support on the downside is near the $95,500 level. The first major support is near the $95,000 level.

The next support is now near the $94,200 zone. Any more losses might send the price toward the $93,500 support in the near term. The main support sits at $92,400.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.

Major Support Levels – $95,500, followed by $95,000.

Major Resistance Levels – $96,500 and $97,200.

Pi Network’s PI token officially launched on February 20, marking a major milestone for the crypto project. However, the long-awaited launch triggered a wave of sell-offs as early adopters rushed to cash in on their holdings.

The selling pressure triggered a decline in PI’s value, which fell to a low of $0.60 by February 21. Despite the initial crash, PI has rebounded, showing renewed bullish momentum.

PI Soars 173% from Post-Launch Low

PI currently trades at $1.64, noting a 173% hike from its post-launch low. This triple-digit rally has been fueled by the resurgence in demand for the altcoin over the past few days.

A potential Binance listing partly drives this demand. As of February 22, 212,000 votes had been cast on whether PI should be launched on the exchange, with more than 86% in favor. As the voting process nears its conclusion, investors anticipate Binance will list the altcoin, potentially driving its price higher.

PI’s high demand is reflected by its rising Relative Strength Index (RSI). As of this writing, this key momentum indicator, assessed on a four-hour chart, is in an upward trend at 63.40.

An asset’s RSI measures its overbought and oversold market conditions. It ranges between 0 and 100, with values above 70 indicating that the asset is overbought and due for a correction. On the other hand, values under 30 suggest that the asset is oversold and may witness a rebound. 

PI’s RSI reading of 63.40 signals strong bullish momentum. This means that buying pressure outweighs selling activity among market participants, and if the trend continues, the altcoin’s price will continue to grow. 

Moreover, readings from PI’s Balance of Power (BoP) support this bullish outlook. As of this writing, it returns a positive value of 0.41.

The BoP measures the strength of buyers against sellers by analyzing price movements within a given period. As with PI, when the indicator’s value is positive, buyers have more control. This indicates strong upward momentum and hints at the potential for further price gains.

PI Holds Strong Above Trendline: Can It Reach a New High?

PI has traded above an ascending trend line since February 20, confirming the resurgence in the bullish activity around the altcoin.  

When an asset trades above this pattern, it indicates a strong uptrend, with buyers consistently supporting higher prices. If the uptrend persists, PI could breach the $2 price mark to trade at its all-time high of $2.20.

On the other hand, if demand plummets amid a rise in profit-taking activity, this bullish projection will be invalidated. In that scenario, PI’s value could break below $1.60 and fall to $1.34.