I purchased some Byteball recently for the airdrop on 7th August. I predicted the big dump right after the airdrop, but I didn't expect it do drop this much and to not recover. I know the price would eventually get a bump before the next airdrop on Sep 6th, because of the incentive of holding GBYTE over BTC, but I wanted to get people's thoughts on whether it is a good idea to hold on to it long term and if there are any bag holders.

Can anyone let me know how the price fluctuated a few days before/after the previous airdrops and the general feeling about it - a genuinely good coin with good future prospects or just some other fade-away coin? Any advice on whether to hold for short/medium/long term and what makes it a good/shitty investment?

Appreciate all your insights. TIA.