Toady Hawk
@toadyhawk.eth
airdrops are bullish for token price if the project has a strong community and the distribution is dialed-in, because the tokens go to people who believe they will be worth a lot more in future. airdrops are bearish for token price if the community is weak and/or the distribution too broad and the marginal recipient just sees it as free sky money.
14 replies
7 recasts
51 reactions
bird
@angryb
Enjoyable
0 reply
0 recast
1 reaction