It is understandable that KERNEL Megadrop did not meet many people's expectations, and there are several factors that can explain this disappointment:
Airdrop allocation amount: Some users may feel that the amount of KERNEL tokens they received compared to the effort of staking BNB or performing Web3 tasks is disproportionate.
Token price after listing: The price of KERNEL after being listed on exchanges did not meet initial expectations, the price dropped sharply and there was no significant growth, making participants in the Megadrop feel disappointed due to low profits.
Participation conditions: The conditions for participating in the Megadrop, requiring staking a certain amount of BNB and performing complex tasks on Web3 wallets, make users feel that the rewards received are not worth the effort.
Comparison with other projects: .
If the KERNEL Megadrop does not yield profits equivalent to or lower than previous projects, disappointment is unavoidable. Some comments on Binance Square also reflect this disappointment when comparing the airdrop value of KERNEL with SOLV.
Regarding the price trend of KERNEL in the near future:
Accurately predicting the price trend of KERNEL is very difficult, as it depends on many factors such as:
* The overall market situation: The upward or downward trend of the cryptocurrency market in general will significantly affect the price of KERNEL.
* Development momentum of the KernelDAO project: The development of the KernelDAO ecosystem, the adoption of their products (Kernel, Kelp, Gain), and new partners will be crucial factors.
* Buying and selling pressure: Market buying and selling pressure will determine the short-term direction of prices.
* External factors: News, events, and regulatory conditions can also impact prices.
Technical analysis:
* The current price is at 0.1925, down sharply from the 24-hour high of 0.2159.
* Indicators such as BB (Bollinger Bands) show that the price is fluctuating within a narrow range after a decline.
* MACD (Moving Average Convergence Divergence) is below 0, indicating that the downtrend is still present.
* CRSI (Chande Range Strength Index) is in a low zone, which may indicate the potential for recovery but lacks clear signals.
* MFI (Money Flow Index) is below 50, indicating that selling pressure remains dominant.
Conclusion:
The disappointment regarding KERNEL Megadrop is based on the analyzed factors. Regarding the price trend, there are currently no clear signs of a strong reversal. Investors should closely monitor market conditions, project developments, and technical indicators to make informed investment decisions.
Note: This is only an assessment and analysis based on available information. The cryptocurrency market is very volatile, and nothing is certain. You should do thorough research before making any investment decisions.
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