I don't really understand why this coin does not move at all. I've been in it for quite some time now, and regardless of the news, the value does not seem to be able to break 26 sats. Why?
The beginning of the month is the dump time as holders receive their monthly share. Someone does not care and sell the free token for other pairs. That is the main reason.
The second is the low price / huge spread in percentage by trading npxs against btc. Not many traders would take risks as every satoshi is quite a difference.
Yes, many people sell those tokens to earn some profit.
Usually airdrops cannot increase the market capitalization. So, if 7% of tokens are airdropped. We should expect the price to fall about 7%. It's normal.
only 7% is still normal, prices will stabilize after all European participation sells their coins, preferably focus on development goals