Airdrops have become one of the most common ways for new crypto projects to gain attention, grow communities, and reward early supporters.
But I’ve noticed a trend a lot of these projects have massive sell pressure right after the airdrop claim period. Early holders dump their free tokens, and surely the price crashes, and the project struggles to recover.
Some people argue that airdrops are great for marketing and getting more users, while others believe they create a short-term hype bubble and hurt long-term value.
No, If we do consider out on the % of allocated budget on airdrops then we can say that it cant make out that huge impact when it comes to overall price. It is what makes it that a failure on the time that it would be giving or having that negative impression in overall community.
It might that getting that very small amount of allocation when it comes to supply but once those airdroppers or bounty hungers or simply the community will be having that bad impressions that would be messing up the reputation of the new project then expect that it would be having that huge impact and could lead up to demise.
It might not be that much in speaking about on the tokens given but it would be best that as a new project then you should be having that good reputation and impression when you are just that starting up.
Never ever go against with the community or making up some shady actions because once that negative impressions crawls in then it would be that bringing out that huge impact into projects success.
Always give out that good impression too because in all aspects on which community impression might sound simple but it do give out that good impact on projects success.