Sensible project owners will choose to issue airdrops when the market is good, which means that the project has a higher valuation and a bigger bubble. The tokens will be more valuable, and the fomo sentiment will be strong. A large number of speculators will buy the new coins that are airdropped to gain profits that may rise further.
The market liquidity is also sufficient, which is convenient for VC and project owners to cash out and exit. At the same time, the project has a high exposure rate, attracting more users to pay attention and participate. Everyone makes money, and the community says it is good.
In the current broken market, the project owners who announced the issuance of airdrops are mostly subject to various pressures, such as the pressure of the roadmap. At the key milestones of each stage, issuing airdrops is part of it. No matter what the market is like, they must issue them, comply with the commitment to the community, and maintain the normal development of the project. There is also pressure from investors, requiring project owners to airdrop within a specific time, worrying that the market will be sluggish for too long, so they act as soon as possible and cash out and collect money early. However, when the market is bad, the issued tokens are not so valuable, and the issued coins will be smashed by the money-grabbing people, and the liquidity is insufficient.
Looking back at the most criticized shit course $strk, the timing of issuing coins was still very good, and the token price was also ideal. In addition, many project parties issued airdrops at the same time, both large and small. $STRK
On the contrary, zk and L0 did a lot of things and issued them when the market was sluggish, and finally ended up like this, which is a pity. At this stage, everyone has received a lot of airdrops but has not issued coins. We are anxious, and perhaps the project parties and investors are more anxious than us. The best state is to wait until the market stabilizes and improves before issuing. If the timing is not right now, the big hair will become small hair, and it will be worthless after issuing. $ZK