A lot of people dunk on MadLads’ $BP airdrop by comparing it to ATH price ($40K) Imo, this is a false comparison Since airdrop happened now, we should only compare it to price now If MadLads current price is $935, then it means that a $250 worth of airdrop is ~27% of the NFT A 27% airdrop worth vs. NFT price is somehow on the normal range comparing to the airdrop received by holders of other NFTs that dropped tokens People are painting a picture here that if you held on from ATH til now that $BP airdrop is in, you are down bad Yes, everything’s down bad actually And for that reason, you can’t magically expect to have a life-changing airdrop from holding an asset that’s currently worth less than a thousand bucks 🤷♂️

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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