Airdrop activities can have a significant impact on project token prices. Take the case of a certain project that conducted a large - scale airdrop. Initially, the price soared as new users rushed in to claim and hold the tokens. But soon after, the increased supply from airdrop recipients selling led to a price crash. In contrast, some projects with strong fundamentals and active communities managed to maintain price stability post - airdrop. These cases show that airdrop - token price relationships depend on factors like token supply, community strength, and market sentiment.