@levalfasheh630

The main driver behind Notcoin’s plummet after its airdrop is massive selling pressure from short-term speculators. The token gained popularity through a viral tap-to-earn game, but most users were casual earners, not long-term believers. When the airdrop happened, these users flooded exchanges with sell orders—after all, getting tokens for free and cashing out immediately is too tempting. This sudden supply surge made prices crash, as there weren’t enough buyers to absorb the tokens. Panic then took over: even investors who bought in later sold to avoid losing more, creating a downward spiral. The project’s lack of practical use cases, slow technical updates, and competition from similar projects only made the selling pressure worse. It’s a textbook example of crypto hype meeting market reality. #AirdropFails #CryptoVolatility

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