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Emir Mousanezhad
@amirrezamousanez
Keyrock's key takeaways on airdrops for 2024: 1. Short-lived excitement: 88% of tokens dropped in value within the first few months, with most crashing in the first 15 days. 2. Distribution matters: Projects that distributed more than 10% of tokens had better long-term performance, while those giving away less than 5% faced rapid sell-offs. 3. High FDV is detrimental: Tokens with a high fully diluted valuation (FDV) quickly fell in price due to low liquidity.
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