@chemellra421
The main driver behind Notcoin’s plummet after its airdrop is massive selling pressure from users looking to cash in fast. The token gained fame through a viral click-to-earn game, but most participants were in it for quick gains, not the long haul. When the airdrop happened, these users rushed to sell their free tokens, flooding the market with supply. With no corresponding surge in demand—since the project had no major use cases or partnerships—prices dropped sharply. This initial decline triggered panic-selling: holders feared further losses and sold en masse, pushing prices even lower. Compounding issues, the project had limited technical updates (its GitHub repo went weeks without changes) and faced fierce competition from other tap-to-earn projects. It’s a textbook case of what happens when hype meets reality. #AirdropReality #CryptoVolatility
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