💥💥Open Stablecoin Index (OPEN) - Snapshot for SQUILL Drop - 07 Jun 2025 💥💥
The SQUILL drop for Open Stablecoin Index could have a strong effect on price. When a project does an airdrop, many traders buy tokens before the snapshot to qualify for free rewards. This can make the price rise at first. After the snapshot on June 7, some may sell their tokens, which can cause a quick price fall. The effect depends on how much interest there is in SQUILL and if the rewards are big. It is important to watch for high trading activity before and after this event.
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