Keyrock: Most of the projects that airdropped their tokens this year collapsed within 15 days

A new study by cryptocurrency market maker Keyrock shows that 88% of projects that airdropped when launching their tokens this year have seen price declines, with most collapsing within 15 days. Keyrock also said that most of the price volatility occurred in the first few days after the airdrop. Three months later, few tokens have been able to generate positive results, and only a few have been able to buck the trend. Projects with too high FDVs often have difficulty maintaining momentum as the expected upside becomes limited. In addition, tokens with higher FDVs often lack the liquidity to support these valuations. Without sufficient liquidity, prices become highly sensitive to selling pressure. (DL news)