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.
100% puts huge pressure post launch. Take a look at $TICS which launched on July 31st. Thiey tried to limit the damage by drip feeding the coins over 90 days. The price tanked from $2 to .03 (not that I believe it was worth $2) before recovering slightly to around .08 over the last few days.