Can new coins still be invested? !
Is it normal to peak as soon as they are launched?
Most of the projects that airdropped coins this year collapsed within 15 days, and 88% of the coins have fallen in price
A new study by cryptocurrency market maker Keyrock shows that 88% of the tokens launched with airdrops this year have fallen in price, most of which plummeted within 15 days.
Price changes after airdrops mainly occur within the first few days. After three months, few tokens have achieved positive returns, and only a few tokens have reversed the trend.
It is generally believed that the more tokens a project airdrops, the worse it will perform on the open market. But this common perception is not supported by data.
Keyrock said: "Contrary to popular belief, larger airdrops do not always lead to sell-offs. A token that allocated 70% of the airdrop achieved positive growth, which shows that fully diluted valuation (FDV) management is more important."
Keyrock pointed out two reasons why airdrops of high FDV tokens failed:
First, projects with inflated FDVs often have difficulty maintaining momentum because the perceived upside becomes limited.
Second, tokens with large FDVs often lack liquidity to support these valuations.
Keyrock said: "Without sufficient liquidity, prices become highly sensitive to selling pressure."
Issuing coins == cutting leeks, it has been deeply rooted in people's minds!