jidasounish
@jidasounish
Airdrops can greatly affect token prices, typically triggering brief surges then declines. For instance, Uniswap’s 2020 airdrop peaked at $42.88 per $UNI, reaching a $6.43B valuation, and Arbitrum’s 2023 airdrop hit $1.97B at $1.69. Yet, 88% of 2024 airdrops fell within 15 days, driven by liquidity and FDV challenges, highlighting short-lived boosts and instability.
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