Whether you should hold or sell airdropped tokens from Binance Launchpool like

Nillion which will be airdroped today depends on several factors:

Reasons to Sell Immediately:

  1. Initial Price Spike: Many tokens experience a price surge right after listing due to hype, followed by a correction.

  2. High Volatility: New tokens can be highly volatile, and early profits may vanish quickly.

  3. Unknown Long-Term Viability: Not all new projects succeed—some fail or decline in value over time.

  4. Better Opportunities: If you have better investment options, cashing out might be wise.

Reasons to Hold:

  1. Strong Fundamentals: If the project has a solid team, real-world utility, and long-term growth potential, holding might be more profitable.

  2. Staking/Yield Opportunities: Some tokens offer staking rewards, governance rights, or additional incentives for holding.

  3. Market Sentiment: If the project gains traction and adoption, it may appreciate over time.

Smart Strategy:

  • Sell a Portion: Consider selling a part (e.g., 50%) to lock in profits while holding the rest in case the price increases.

  • Monitor Market Trends: Watch token performance and overall crypto market sentiment before deciding.

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