Since its launch, ERA has been very popular. After going live on Coinbase and Binance, ERA briefly surged to $1.777 but quickly fell back to $1.52. Currently, the main selling pressure comes from a large-scale airdrop: the project team opened the airdrop claim on July 17, with a total of 20 million ERA tokens. If the popularity can be maintained, it is estimated that more retail investors will rush in to buy and hold, and the decline is expected to be limited, with a potential bottom around $1. However, selling pressure cannot be ruled out after the airdrop and other token unlocks. Investment should be approached with caution. The above only represents personal opinions and does not constitute investment advice.
