Does airdrop still exist?

I'm curious to know, is the concept of airdrop still prevalent in the cryptocurrency space? With the ever-evolving landscape of blockchain technology and digital assets, have the dynamics surrounding airdrops changed in any significant way? Are there still projects utilizing this method to distribute tokens or coins to their community, or have more sophisticated strategies emerged as the industry has matured? I'd be eager to hear your insights on the current state of airdrops and how they fit into the broader cryptocurrency ecosystem.