The role of airdrops on projects is gradually decreasing, but the negative impact is becoming more and more obvious.
In the past, the significance of airdrops was to increase data and valuation. The gamblers actively participated, retail investors paid for the bills, institutions took the opportunity to cash out, and the exchanges were very lively, forming a situation where everyone was happy.
Today, the situation is very different. The gamblers sell tokens, retail investors watch coldly, institutions have no way to cash out, exchanges are also in a dilemma, and it is difficult to open gambling tables.
As a result, the project party can only use more tricks, which makes the gamblers fight back, retail investors withdraw one after another, and institutions are stuck in the quagmire and cannot get out.