Topic: Many free Airdrops effecting Altcoin prices (Read 117 times)
An airdrop will only affect the prices of the coin that is doing the airdrop does not affect the prices of other altcoins no matter how much coins are being given out in the airdrop. The reasons for doing airdrops is to get the coins in the hands of a lot of people and also to get them interested in the coin.
What you think friends many free AirDrop affecting altcoin prices.. because free AirDrop make a person habitual to earning free altcoins then he never want to invest.
the only one that get affected is the airdrop coin it doesnt affect other altcoin price rather than itself because people sell their coin. the only purpose of airdrop is either distributing the supply of the coin or either doing some free advertising.
What you think friends many free AirDrop affecting altcoin prices.. because free AirDrop make a person habitual to earning free altcoins then he never want to invest.
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