@whisperingo

Notcoin’s token value crashed 90% post-airdrop, driven by overwhelming selling pressure and weak fundamentals. The airdrop allocated 50% of total supply to 20 million users, creating a flood of sellers—80% of recipients sold within 72 hours to lock in quick gains. There was no lock-up period or vesting schedule, amplifying the sell-off. Additionally, the project lacked real utility: its "click-to-earn" model had no sustainable revenue stream, and post-airdrop updates were minimal. Institutional investors avoided the token, leaving retail holders to bear the brunt of the crash. The collapse shows that mass airdrops without utility or supply constraints are destined for speculative bubbles and inevitable busts.

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