One of the factors that gives a new project strong ground is the number of wallet holdl the coin . This has made many cryptocurrency projects to use Airdrop as a way of marketing and increasing the number of their holdlers .
This method have it's pros and cons . The advantage is that the product will be made available to wider audience because the Airdrop criteria will require you to share to other people . They will also be able to attract real investors who will believe in the project.
The disadvantage is that people who got the Airdrop tends to dump the token upon listing in an exchange and this affects the coin negatively. Most coin that passed through this situation didn't rise back easily because other investors will want to cut their loss and dump their tokens as well .
In your opinion , what do you think about using Airdrop for coin listing ?
This method have it's pros and cons . The advantage is that the product will be made available to wider audience because the Airdrop criteria will require you to share to other people . They will also be able to attract real investors who will believe in the project.
The disadvantage is that people who got the Airdrop tends to dump the token upon listing in an exchange and this affects the coin negatively. Most coin that passed through this situation didn't rise back easily because other investors will want to cut their loss and dump their tokens as well .
In your opinion , what do you think about using Airdrop for coin listing ?