Punk (punk2000)

Punk

Downnmm

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it's slowly going up as alt recovers wonder if the lows is in

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It's over for Airdrops for a multitude of reasons: Alt Market Inflation: Endless amounts of new alts (with and w/o VC backing) are launching, meaning attention is dispersed and the market can't support +15B FDV for all of them anymore. Total Altcoin MC (ALT3) can go up with altcoin prices going down because of new coins launching and entering circulation Awareness: People have smartened up how low float / high FDV works; retail won't buy VC coins anymore and would rather gamble on Memecoins (Fully diluted) Mercenary Capital: The past high-profile airdrops (STRK, W, ZK, ZRO) got insta dumped with no relief bounce, just down-only charts. The market is accustomed to that behavior, so will continue doing it. ''Why would I buy/hold this coin, if it's down-only and VCs have yet to sell their coins?''

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