🤔 To Sell, Or Not to Sell: That Is the Question
23.02.2024
---
CoinGecko's analysis (https://gncrypto.news/news/when-is-the-best-time-to-sell-airdrops/) of the 50 biggest airdrops revealed that over half of the project tokens (54%) achieved their all-time high (ATH) within two weeks to several months after the airdrop.
🛑 This pattern primarily applies to tokens from widely recognized and foundational projects like Optimism (OP), Arbitrum (ARB), and Uniswap (UNI).
🗣 In contrast, tokens from lesser-known or trendy projects (such as Blur, Anchor Protocol, Jito, etc.) tend to reach their ATH within the first fortnight or even days.
However, a few (like ParaSwap, Cow Protocol) fail to exceed their initial market price.
🛑 This pattern primarily applies to tokens from widely recognized and foundational projects like Optimism (OP), Arbitrum (ARB), and Uniswap (UNI).
🗣 In contrast, tokens from lesser-known or trendy projects (such as Blur, Anchor Protocol, Jito, etc.) tend to reach their ATH within the first fortnight or even days.
However, a few (like ParaSwap, Cow Protocol) fail to exceed their initial market price.
Similar news:
23.08.2023
22.05.2023