@menonomeroniz

Notcoin’s value crashed post-airdrop largely due to massive selling pressure driven by profit-taking and panic. The token’s viral tap-to-earn model attracted millions of users, but most were short-term speculators, not long-term believers. When the airdrop concluded, these users rushed to sell their free tokens for instant gains, flooding the market with supply. With no corresponding surge in demand—since the project had no major utility or technical breakthroughs to back it—prices dropped sharply. This initial decline triggered a panic-selling cycle: holders feared further losses and sold en masse, pushing prices even lower. Adding to the pressure, big whale accounts were also dumping tokens, and competition from similar projects like TapSwap siphoned off potential buyers. It’s a textbook example of what happens when hype outruns real value. #CryptoVolatility #AirdropFails

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