News of the airdrop and subsequent price drops attracted new investors who might have bought at higher prices initially. But as the price kept falling due to continuous selling, they too became part of the selling frenzy, adding to the overall market 抛压.
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Engagement with the LayerZero protocol in terms of transaction volume also matters. Transactions under $1.00 and low - value NFT transactions were de - weighted by 80% to prioritize meaningful participation.
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There are also time - limited airdrop events on Twitter. [Project Name] announced a 24 - hour airdrop window. Users had to complete simple actions like following the project's Twitter account and replying to a specific tweet within that time to enter the airdrop pool.
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