@isabelkeppe

Airdrops often create immediate selling pressure, particularly when recipients view the tokens as “free money.” Many users claim airdropped tokens with no intention of holding, choosing instead to convert them into stablecoins or BTC/ETH. This behavior is especially strong when the token lacks established utility or governance value. However, the extent of the sell-off depends on tokenomics: if vesting schedules or claim requirements stagger distribution, pressure can be reduced. Projects sometimes mitigate this by incentivizing holders through staking or governance rewards. On the flip side, airdrops also generate hype and awareness, leading to short-term speculative buying from those who missed the initial claim. The net effect often depends on liquidity depth—thin liquidity magnifies volatility. In most cases, though, airdrops act as a redistribution mechanism that briefly disrupts price equilibrium before fundamentals reassert themselves.

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