“You should sell your airdrop the moment it hits at TGE” is making the rounds as a hot take again today. All I can do is laugh.
@0xkekov tracked 65 airdrops: 53 fell by more than 90%, and 21 dropped by over 99%. X News compiled 51 of this year’s major airdrops: the median was down 48% within a month, and 73% of recipients sold on day one.
I believe the data. But “sell immediately” is advice for airdrop recipients, not for you. If 73% of people dump on day one, who’s buying? Retail traders rushing in after seeing “up on launch” screenshots, market makers with their orders already placed, and FOMO buyers piling into those first big green candles. That’s exactly what the projects want: a high-FDV launch, airdrops as liquidity bait, airdrop farmers generating trading volume, while VCs’ and the team’s tokens unlock gradually in the background.
The irony is that, on one hand, “about 94% of 3.7 million wallets sold most of their tokens within 90 days” is being used as a livestream opener to talk about “what real contribution looks like,” while on the other hand, new projects are still rolling out the same old trio: points, yap, and tasks. Nobody’s treating the cause, but they’ve sold the cure several times over.
My take is simple: an airdrop isn’t a perk; it’s the project’s marketing budget, and your time is the cost. If you get one, treat it like a paycheck and cash out. Don’t treat it as a position, and definitely don’t buy someone else’s paycheck on that first-launch spike.
#空投 #TGE