zerokn0wledge

Airdrop-driven token flood: who buys all the new tokens

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Questions whether the capital injected through airdrops is bullish or whether the battle for capital and attention among many new tokens is harmful. Asks who sustains valuations in the hundreds of millions or billions.

Once market reaches "饾槃饾棽 饾棶饾椏饾棽 饾榾饾椉 饾棷饾棶饾棸饾椄" mentality again, there will be a flood of new, shiny tokens entering the market. Is the injection of capital via airdrops a bullish catalyst, or is the relentless battle for capital, mindshare & attention among tokens bad news for the industry? 饾棞饾椈 饾榾饾椀饾椉饾椏饾榿: Who is going to buy all of these new tokens and sustain valuations in the 100s of millions or even billions across the board?
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