Binance's recent post suggests that the current state of the BTC daily chart resembles more of a bear market than a retracement amidst BTC growth. This sentiment seems shared by many, evident in the flurry of token airdrops happening in May. It appears projects are aiming to launch their tokens before or during what they perceive as the end of the bull market or at least when market sentiment remains bullish. Notable mentions include $TRB and $PEPE.
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