Steady Lads #27: Narratives, Airdrops, and Points w/ Hal Press • Founder of North Rock Digital
Steady Lads
Airdrops and Price Trends of New Coins
In this chapter, the speakers discuss the phenomenon of airdrops in the crypto market and analyze the historical price performance of new coins. They question the sustainability of high valuations and the impact of the infinite supply of altcoins. They also delve into the psychology behind selling immediately after receiving an airdrop and speculate on the reasons behind price movements and potential inflows of capital in the cryptocurrency market.
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