NEKO Airdrop Confusion: Understanding Multiple NEKO Token Projects

NEKO Airdrop Confusion: Understanding Multiple NEKO Token Projects Feb, 5 2026

If you're searching for 'NEKO airdrop by Neko Network', you're not alone. But here's the catch: there's no single 'Neko Network' project. Multiple unrelated projects use the NEKO name, creating serious confusion. Let's break down exactly what's happening.

NeonNeko: The Gate.com Airdrop

The NeonNeko (NEKO) project ran an airdrop through Gate.com exchange. This campaign ended on July 22, 2025. Participants who held qualifying tokens during the snapshot period received 500,000 NEKO tokens immediately. The total supply is 2 billion NEKO tokens. Only 0.03% of the total supply was distributed in the airdrop. Trading started on Gate.com the same day the airdrop ended. Now, as of 2026, this token is still listed on exchanges but with very low trading volume.

NEAR Protocol's NEKO Token

Another project called NEKO operates within the NEAR Protocol ecosystem. This token hit 22,000 unique holders quickly after launch. It trades mainly on Rhea Finance. The daily trading volume dropped by 35% in one day. The token's price has fallen 98.6% from its peak. This shows how volatile and risky these projects can be.

Three blockchain networks as neon interfaces

The Neko Token (Independent Project)

A third NEKO token exists with a current price of around $0.00000594. It has an infinite supply. Price predictions for this token are nonexistent. It's unclear what this project's purpose is, and it's not associated with any major airdrop campaigns.

Nekodex: A Different Platform

Nekodex is a DeFi platform on Optimism, but it doesn't use NEKO tokens. Instead, it has 'Nekocoin'. They ran a $4 million airdrop requiring deposits and invite codes. Many users confuse Nekodex with NEKO projects, but they're entirely separate.

Person verifying tokens with checkmarks and warnings

Why This Confusion Matters

Mixing up these projects can lead to serious mistakes. For example, someone might send funds to the wrong wallet address, thinking it's for a NEKO airdrop. Or they might invest in a token with no future. Always check the blockchain network and official channels before participating.

How to Verify Legitimate Airdrops

Here's how to stay safe:

  • Check the official website and social media. Legitimate projects have verified accounts.
  • Look for the blockchain network-NEAR Protocol vs. Optimism vs. Ethereum. Each has different token contracts.
  • Verify the token contract address. Use tools like Etherscan for Ethereum-based tokens.
  • Never trust airdrop links from social media. Scammers often impersonate projects.
  • Use trusted platforms like CoinGecko or CoinMarketCap to check token details.
Comparison of major NEKO token projects
Project Blockchain Airdrop Status Current Price Total Supply 24h Trading Volume
NeonNeko (NEKO) Gate.com (centralized exchange) Concluded July 22, 2025 $0.00019 (estimated) 2 billion Low
NEAR NEKO NEAR Protocol Active trading $0.0000002 10 billion $740.65
The Neko Token Unknown No airdrop $0.00000594 Infinite Minimal

Is there a single "Neko Network" project behind NEKO airdrops?

No. There is no official "Neko Network" project. Multiple unrelated projects use the NEKO name, leading to widespread confusion. Each project operates independently with different blockchains, token supplies, and airdrop rules.

How do I know if a NEKO airdrop is legitimate?

Check the official website and social media accounts. Verify the blockchain network (e.g., NEAR Protocol vs. Optimism) and token contract address. Never trust airdrop links from social media-scammers often impersonate projects. Use trusted platforms like CoinGecko to confirm details.

Are there any active NEKO airdrops right now?

As of 2026, the NeonNeko airdrop on Gate.com has concluded. The NEAR NEKO token trades actively but has no current airdrop. Nekodex's airdrop requires deposits and invite codes, but it uses Nekocoin, not NEKO. Always verify project specifics before participating.

Why do so many projects use the NEKO name?

The name "NEKO" (Japanese for "cat") is catchy and popular in crypto culture. However, this has led to multiple unrelated projects adopting the name, causing confusion. There's no central authority overseeing these projects, so anyone can create a token with this name.

What happened to the NeonNeko token after the airdrop?

After the airdrop concluded on July 22, 2025, NeonNeko started trading on Gate.com. However, trading volume remains low, and the token's price has stabilized at around $0.00019. The project has not announced any major updates since then, suggesting limited ongoing development.