Alt are only important for the people that want it and the people tya are running after it, they die immediately people don't focus on it again especially when there is another hot alt in town. What happened to some of the best altcoins on Solana? Didn't they died before now, many liquidity have been drain and the chances of them coming back is zero. The people who bought it are all stuck and can't sell.
So now, I'm wondering if it will follow a similar path to what happened with BONK. Recall when the Solana community minted the memecoin Bonk, and many benefited from it. Now, Solana plans to airdrop Pyth to over 900 wallets, and various exchanges like Bitget, OKEx, Bybit, and few others are already listing it. I haven't seen any information about Binance listing it though.
I'm just curious, what do you think about this? Do you think Pyth will follow the same trend as Bonk, or will this hype only bring volatility that could potentially wipe out users' assets? Also, which mentioned exchange do you believe will efficiently list Pyth earlier than the rest?
I don't vibe airdrop, they are just impressing the chain and marketing the chain to people to buy the coin(Solana), the moment the event end, the will sell off the coin and airdrop tokens and investors will be left with nothing. Check Bonk, the market cap and the traded volume, you will see that airdrop tokens all have similar pattern, at first they get hype up and in the end they remain flacid like weak tissues.
Instead of buying Solana in anticipation of been selected, why not use the money to buy other coins, remember that their is going to be a lot of farmers that will use bot to get the tokens any how and the chance of you getting the token might even reduce when they use anti bots to weed out other people, be careful of airdrops my friend.