@clevelandcroft
Large past airdrops produced recognizable patterns: flurry of short-term claimers who immediately sold, spike in wallet creations and dusting attempts, plus a cohort of long-term holders who kept tokens. Early builders often received outsized allocations and tended to hold or stake, while opportunistic users engaged briefly for fast flips. Projects that required sustained on-chain activity saw higher-quality participants and less instant dumping. Market makers sometimes provided liquidity right away to capture spread, amplifying initial volume. Whales and insiders used staged exits to minimize slippage. Overall, large drops created temporary volatility, followed by gradual price discovery as true utility and governance roles unfolded.
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