Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: akeemqaz on December 03, 2024, 05:55:58 PM
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I participated in this project's testnet a few months ago. The pre-market value is now $5.5.
(https://i.ibb.co/bJwf2FS/Screenshot-20241203-171822.png)
After seeing the pre-market value, I quickly checked my eligibility and received 50 tokens, which will be approximately $250 USD.
(https://i.ibb.co/7v1qcj7/markup-1000004493.jpg)
I informed others who also participated, but only a few were eligible, which seems unfair to me.
But for an airdrop like this with low allocation, I think the value will be quite good. Therefore, I'm holding onto my allocation for a while and would appreciate any opinions on the XION project or any activities like staking or anything to acquire more tokens, either through the listing exchange or potentially a Season 2 airdrop?
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I informed others who also participated, but only a few were eligible, which seems unfair to me.
But for an airdrop like this with low allocation, I think the value will be quite good. Therefore, I'm holding onto my allocation for a while and would appreciate any opinions on the XION project or any activities like staking or anything to acquire more tokens, either through the listing exchange or potentially a Season 2 airdrop?
I was so disappointed that I couldn't make it to the eligible users and to honest with you, the team weren't fair about this distribution, I did everything needed about that project and wasn't given anything but what can we do, this is why they called it airdrop some people will make it whole some people will not and sadly I never did.
With the allocation and number of tokens I'm seeing in many influencers wallet, the airdrop looks too real at this price, but who knows, maybe this is another Hyperliquid airdrop for people that are lucky on this one, unfair distribution though.
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It will be better for you to sell it and invest in bitcoin because currently that the price is high is the best time to take profit since these meme coins do depreciates in price after the launching in an exchange. Don't put big hopes on these projects because it might just be a hype and will definitely make investors who think that the price will continue to increase run at loss for hodli. However, it's an airdrop and if you keep it and the coin losses its value, it shouldn't give you any hear break.
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That is a pre market value; it is different when traders are trading the real coin or token, We have seen this happen on Hamster and with so many coins or tokens with pre market trading, the value is very much higher than the actual price, it may even go down to 200% of the real value of the token, Until you all receive your token, you will then know its real price, and congratulations for being part of the qualified to receive the token.
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I've actually noticed that pre market value's are usually just hypes. Don't really know who's in sole control of those premarket prices aside from crypto traders that trade them. However it seems more like either their developers or the exchanges are the ones that literally pump the premarket price to high values.
You actually find out that when the coins or tokens as the case may be finally launch, the actual price is usually way far from their initial premarket launch price they had initially before they launched. In that case I think it's best to not be too hopeful on premarket prices.
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I was so disappointed that I couldn't make it to the eligible users and to honest with you, the team weren't fair about this distribution, I did everything needed about that project and wasn't given anything but what can we do, this is why they called it airdrop some people will make it whole some people will not and sadly I never did.
Quite a big disappointed for many who did not get anything from the airdrop even if they took the time and effort for the said project but yes there is nothing that you can do about it as things are usually decided by the people behind the said airdrop. And quite discouraging that the price of the said coin is gaining traction in the market. Sometimes in this endeavor there are times that we only got the AIR and not the coins as promised. Well, better luck next time and maybe we might as well create a memecoin to be named $AIR...what do you think?
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I was so disappointed that I couldn't make it to the eligible users and to honest with you, the team weren't fair about this distribution, I did everything needed about that project and wasn't given anything but what can we do, this is why they called it airdrop some people will make it whole some people will not and sadly I never did.
With the allocation and number of tokens I'm seeing in many influencers wallet, the airdrop looks too real at this price, but who knows, maybe this is another Hyperliquid airdrop for people that are lucky on this one, unfair distribution though.
Honestly, you're right. In fact, I'm not the only one who's still confused about why others didn't get the airdrop. My testnet balance was $4 USD, while others who had more or less got nothing. It's truly an unfair distribution. I believe I was just lucky, and it was like a lucky draw.
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Personally, through my experiences with these airdrops and new coins, it is better for you to sell immediately upon listing because you will get the highest price. After listing, everyone starts selling, so the token price quickly drops.
You can sell immediately at a good price, and when the price drops, you buy a larger quantity, and so on. Upon listing, there is a lot of movement and liquidity that you can benefit from, but after a short period, the token fades and the liquidity drops significantly and begins to decline because most of these tokens are empty and have no real projects.
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I was so disappointed that I couldn't make it to the eligible users and to honest with you, the team weren't fair about this distribution, I did everything needed about that project and wasn't given anything but what can we do, this is why they called it airdrop some people will make it whole some people will not and sadly I never did.
With the allocation and number of tokens I'm seeing in many influencers wallet, the airdrop looks too real at this price, but who knows, maybe this is another Hyperliquid airdrop for people that are lucky on this one, unfair distribution though.
Honestly, you're right. In fact, I'm not the only one who's still confused about why others didn't get the airdrop. My testnet balance was $4 USD, while others who had more or less got nothing. It's truly an unfair distribution. I believe I was just lucky, and it was like a lucky draw.
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Did they have sybill test or maybe some hiccups.. cos with the attention I'm seeing for XION on X, We might see $6 per today being tge. The CEO said he chose today because he knew BTC would hit over 100k🤣🤣. I believe that's just luck.. what's your plan post TGE?
I'm already on launch pool, trying to catch-up.. Because I didn't qualify for the airdrop
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I participated in this project's testnet a few months ago. The pre-market value is now $5.5.
(https://i.ibb.co/bJwf2FS/Screenshot-20241203-171822.png)
After seeing the pre-market value, I quickly checked my eligibility and received 50 tokens, which will be approximately $250 USD.
(https://i.ibb.co/7v1qcj7/markup-1000004493.jpg)
I informed others who also participated, but only a few were eligible, which seems unfair to me.
But for an airdrop like this with low allocation, I think the value will be quite good. Therefore, I'm holding onto my allocation for a while and would appreciate any opinions on the XION project or any activities like staking or anything to acquire more tokens, either through the listing exchange or potentially a Season 2 airdrop?
- Usually, those in the pre-market are not true, especially when the coin is listed on the exchange platform itself in spot or futures trading. Maybe it's only rare that the price in the pre-market is right after being listed in this spot category of the exchange.
Also, often among those who do airdrops, I haven't seen any airdrop distributors being fair to those who participated in their trick, which is probably why it's been more than 1 month since I stopped here.
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Personally, through my experiences with these airdrops and new coins, it is better for you to sell immediately upon listing because you will get the highest price. After listing, everyone starts selling, so the token price quickly drops.
You can sell immediately at a good price, and when the price drops, you buy a larger quantity, and so on. Upon listing, there is a lot of movement and liquidity that you can benefit from, but after a short period, the token fades and the liquidity drops significantly and begins to decline because most of these tokens are empty and have no real projects.
By identifying the patterns that often associated with listing, we can be much more attentive planning our actions in order to gain the most benefits. Holding a product and selling early when the price is high tends to be good, but it is also important to know the risks that are behind it. If you want to sell and buy back when the price is lower, you need to know your exit strategy and use the money that you don’t mind losing. Unfortunately, most tokens might not have a solid ground, therefore, it is always good advice to do your due diligence before you make the big trade. Through planned efforts, we remain on the right path with something that can be leveraged upon without compromising the path to be followed.
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With these airdrops, it's best to just sell it and let whatever thing will happen to it afterwards. What matters there is you're able to get something out of it compared to the others that are ineligible for the distribution. I know people that sees something in the future with it might just hold it until the value pumps. But not all projects are like that but if you have the conviction to hold it until you see it fly or dump, that is your choice and it is you that shall do good or bad from the holdings you have in there.
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I would personally sell it because I completed their tasks and still was ineligible. Whether I hold particular coins or not, it depends on how they treat their community and XION didn't treat their community good.
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Most disappointed because I miss most greatest project XION testnet airdrop, although have running longer time but many participants earn more XION coins from 50 to 1k XION depend how many task completed. But any my friend list get difficult for claiming airdrop coins due their email not received OTP yet,
For next time, never miss for joining all airdrop including tesnet airdrop, looks very sad when seeing my friend received or landed many XION coins and sell with higher price. Most success tesntet project for right now because XION hit higher price although have bigger reward allocated for participants.
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I would personally sell it because I completed their tasks and still was ineligible. Whether I hold particular coins or not, it depends on how they treat their community and XION didn't treat their community good.
Seems you don't want to hold because you aren't eligible. Sorry but we are all on the same boat, we weren't eligible for the airdrop and I must tell you that was done deliberately to reduce the number of participants so it doesn't look diluted and dump by people. To me that's not the best way to go about it, they should have vested it to avoid dump, if will even create demand that what they did to other users.
We are in bull run and there more opportunities to see on other airdrops, as long as Bitcoin remain on the run, their will plenty of other opportunities hopefully the one that will beat Notcoin distribution.
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I participated in this project's testnet a few months ago. The pre-market value is now $5.5.
-cut-
After seeing the pre-market value, I quickly checked my eligibility and received 50 tokens, which will be approximately $250 USD.
-cut-
I informed others who also participated, but only a few were eligible, which seems unfair to me.
But for an airdrop like this with low allocation, I think the value will be quite good. Therefore, I'm holding onto my allocation for a while and would appreciate any opinions on the XION project or any activities like staking or anything to acquire more tokens, either through the listing exchange or potentially a Season 2 airdrop?
I also joined this airdrop back in Feb of 2024 but I am not active in airdrops anymore from some 5 to 6 months therefore I did not know they are doing the TGE and the token is that expensive well I just visited the claim option they asked me to create new account on mainnet and I did and the allocation was zero. Haha It's mean I wasted all my time on this project.
I am in a community where most of the people did not get the allocation, so it means the team has done some kind of scam as they did not award everyone which is a good thing for those who got tokens because that's why they got this much otherwise the allocation would be like 1 to 5 tokens.
I won't suggest any financial advice but IMO in conditions like these, when the team is doing something unfair to the community then the community can also cause harm so selling and booking the profit and investing that profit in other good coins for a short period is suggested.
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I would personally sell it because I completed their tasks and still was ineligible. Whether I hold particular coins or not, it depends on how they treat their community and XION didn't treat their community good.
Seems you don't want to hold because you aren't eligible. Sorry but we are all on the same boat, we weren't eligible for the airdrop and I must tell you that was done deliberately to reduce the number of participants so it doesn't look diluted and dump by people. To me that's not the best way to go about it, they should have vested it to avoid dump, if will even create demand that what they did to other users.
From the looks of it, they selected arbitrary airdrop recipients from people who did testnet, and that's what I dislike, they could have made everyone eligible who completed tasks (amount could also be based on amount of tasks completed) then people would have been content.