EDGEX & THE LATEST SCAM Airdrop ! Can we finally end this trend, guys? 🥲 The other day I saw $EDGE listing the Pre-Market on Binance with a FDV of $700-800 million, and I thought the EdgeX Airdrop team was making a killing because at the same time, $BP only had a TGE of around $300 million or $DIME only around a hundred million. But it turned out the developers were artificially inflating the FDV to make their own money. However, everything became clear yesterday. According to several reputable onchain analytics platforms: The top 26 wallets received a total of 140 million, accounting for 14% of the total supply and more than half of the Airdrop (the project used 25% of the total supply to Airdrop to the community). Shortly after, @edgeX_exchange clarified that this allocation was for LP and to support the early development of the platform, who agreed to lock up Token for one year. From my perspective, EdgeX should have a separate allocation within Tokenomics for these people, rather than taking it from the Airdrop . This led to massive losses for many Airdrop farmers over the past period, with over 8,400 wallets receiving less than 100 Airdrops, equivalent to just a few dollars. CASE STUDY: According to some sources, one user with over 6,000 points lost approximately 100,000 tokens while only receiving over 5,900 Token , equivalent to a Pre-Market value of around 4,000. - Point OTC price = $25 - $35 Official Point price = $0.67 -> The Mega Airdrop has become a disaster as the actual Point price has dropped by 97%. In short, from my personal perspective... 1⃣ The EdgeX development team is farming Edge Points themselves and selling them over-the-counter (OTC) at exorbitant prices to the community. Chia condolences to those who thought it would be like Lighter Point and bought in – they're probably stuck at the peak and won't know where to start. 2⃣ Self-list at a high valuation to sell or hedge Token , rather than listing at a high FDV to create a win for the community. 3⃣ +1 Airdrop deals are a thing of the past after @paradex's $DIME (many people even tried to buy at the Dip $DIME...) Following the resounding success of $HYPE or $LIT, the Perp DEX Airdrop is gradually fading into obscurity. This is understandable when we look back and see: - Layer 2: $OP $ARB bold breasts $ZK $STRK controversial and later all tight-fitting. - reStaking: $ETHFI is a big gamble, $EIGEN causes controversy and then $RENZO $ZIRCUIT $PUFFER also goes down the drain. - Perp DEX: $HYPE $LIT exploded then $DIME $EDGE While Layer 2 only costs a small amount, and reStaking takes time and involves buying at the peak (though you'll eventually break even), the Perp DEX Airdrop story costs significantly more money, time, and effort. EXPERIENCE: If you can't get ahead of the market to catch the trend, then once the trend has broken out, it's best to stay put. Standing still might not make you money, but it certainly won't make you lose money. In this market, as long as you have money, you can always make it back, but if you lose money, it's very difficult!

That's all, boss.