Cosmos ATOM stakers survived the "Bear Hug" quite well, considering the free drops

As a Cosmos (ATOM) holder, it's hard not to feel a little spoiled, especially considering the plethora of airdrops that have showered down before the bear market and also recently, looking at Celestia (TIA). These unexpected windfalls have certainly sweetened the deal of holding ATOM, and it's essential to factor them into the broader picture when assessing the token's value.

Yes the price action wasn't so great in the last 18 months, but still it held up pretty great, and a lot better than other alts, even in the midst of the bear. But even in the darkest times I looked at my little bag favorably, because it gave me so many drops, that probably kept many people slightly greener then they thought, forgetting to factor in the drops they got (if they claimed in time, that is). Just to name a few of the presents Atom holders got, and there are still more to come:

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1. Akash Network (AKT): Akash Network, a decentralized cloud computing marketplace, rewarded ATOM holders with AKT tokens. Roughly 5% of the total AKT supply was airdropped to ATOM holders.
2. Osmosis (OSMO): Osmosis, a decentralized exchange (DEX) built on the Cosmos network, airdropped OSMO tokens to ATOM holders. Roughly 10% of the total OSMO supply was distributed to ATOM holders.
3. EVMOS (EVMOS): EVMOS, a scalable and interoperable Ethereum Virtual Machine (EVM) compatible blockchain within the Cosmos ecosystem, conducted an airdrop for ATOM holders. Around 1% of the total EVMOS supply was distributed to ATOM holders.
4. Agoric (AGORIC): Agoric, a smart contract platform, conducted an airdrop for ATOM holders. Around 2% of the total AGORIC supply was distributed to ATOM holders.
5. Celestia (TIA): Celestia, a decentralized communication protocol, conducted an airdrop for ATOM holders. Around 3% of the total CEL supply was distributed to ATOM holders.

Honorable mention, because it had so much drama but still it had the most community governance participations in crypto history:

JUNO (JUNO): JUNO, a smart contract chain for the Cosmos ecosystem, host of DAODAO, conducted an airdrop for ATOM holders. Approximately 5% of the total JUNO supply was distributed to ATOM holders.

Also STARGAZE (STARS) and CHIHUAUA (HUAHUA) are great and started with nice airdrops.

So bottomline, thanks CosmosSDK and ATOM. Keep up the great work and I'm toasting to a thriving IBC ecosystem.