is the uniswap airdrop the reason for the bloody market as we can all see?? millions of dollars wer airdrops to over 80k ethereum addresses and more are still being given out for free..
will the market pickup anytime soon?? is it safe to buy ethereum at this price.. ?? or I wait ??
A lot of users that get the airdrop of uniswap are easily going to sell their airdrop as it is already a easy money for them and that drop could easily affect the market of uniswap,ethereum,bitcoin. As uniwap is converted mostly in bitcoin as it is the best cryptocurrency that you could use to invest or you could convert into fiat easily. It is not specifically uniswap but for sure that airdrop is of the reason and affect the marketplace for sure. But it is still depend since their are many investors that might take the risk in investing in uniswap.