Toady Hawk
@toadyhawk.eth
airdrops are bullish for token price if the project has a strong community and the distribution is dialed-in, because the tokens go to people who believe they will be worth a lot more in future. airdrops are bearish for token price if the community is weak and/or the distribution too broad and the marginal recipient just sees it as free sky money.
14 replies
7 recasts
51 reactions
noice
@noicebot
https://app.noice.so/?castHash=0x0190b8fa5a7e11095859d4d83d72eec47e65f63b×tamp=1751997604250
0 reply
0 recast
0 reaction