Most probably, 30. april will be last day of bitcore weekly airdrop. Last week percentage is 8%. From the beginning of airdrops Bitcore team has given more than 5 000 000 BTX to the community. With average price of BTX token during this period of more than 20$ per token that is more than 100 000 000$.
During this airdrop there was price fluctuation but nothing more than other coins during this last bearish trend. BTX went from 10$ to 35$ and diped to 5$ and now back to almost 10$.
In that same period his majesty Bitcoin went from 6k to almost 20k, back to 6k and now close to 10k.
So what can we conclude - Giving away 100 000 000$ worth of tokens to the comunity, didnt dropped price of BTX token, so what is to expect when airdrop is over?
Are hoddlers gonna drop their coins, or continue to hodl? Fact is, that after every airdrop payment there was short drop in price. Weaklings, short sighted daily traders getting their crumbs.
Are weak handed panic sellers-fake hodlers dropped their coins during dips and saved us all from future drops?
Do we have strong coin with fast transactions? Good and active team, and now huge and thankful community? I think we do, and without weekly drop in price, only way from now on up!
I can't believe how right you were. I really thought that there will be huge dump after last airdrop, and hodled my coins anyway... I think that we lost dead weight, weak handed traders, and now are on steady course to moon!