@rosboroughcesena
Why did Notcoin’s price nosedive after its airdrop? It all comes down to overwhelming selling pressure from short-term speculators. The token’s viral tap-to-earn model attracted millions, but most users were casual earners, not long-term believers. When the airdrop concluded, 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 limit losses, creating a downward spiral. The project’s lack of key features or technical progress, plus competition from similar coins, only made the selling pressure worse. It’s a classic example of crypto hype gone wrong. #Crypto101 #NotcoinCrash
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