Written by: hoeem
Compilation: Deep Tide TechFlow
Are you considering trading tokens after the AirDrop? Knowing the best time to sell your AirDrop tokens is crucial to maximize your returns. In this article, encrypted KOL hoeem reviewed the price performance of five tokens OP, CANTO, APT, BLUR, and ARB in the first 24 hours, 14 days, and 30 days after the AirDrop distribution, in order to find the best exit and entry time.
1: 24 hours: the best time to sell
Once you receive AirDrop, the first thing you should do is...sell.
If you are able to claim your tokens early, you have the opportunity to sell them at a higher price and buy them back later at a lower price. They all follow a similar 24-hour rule, which is the best opportunity to sell.
2: The first 14 days: be patient
OP: Offers you the opportunity to buy for $0.51.
CANTO: Offers you the opportunity to buy at $0.19 and then continue to sell.
APTOS: Gives you the option to buy for $7, and the crypto market continues to crash.
BLUR: Provided you with an opportunity to buy at $0.6, a few weeks after USDC depegged, causing the crypto market to sell off.
ARB: Offers you the opportunity to buy at $1.11.
Patience, the first of all good qualities, you might as well wait.
3: The first 30 days: When to get on the bus
There is no point in rushing to buy these tokens right after the AirDrop. During the first 30 days, each token attempts to determine its market value. However, market performance suggests that within this first 30 days the price has reached its bottom or is very close to it:
OP: $0.40 ($0.40 bottom);
CANTO: $0.11 ($0.07 bottom);
APTOS: $3.61 ($3.10 bottom);
BLUR: $0.45 ($0.45 at the bottom);
ARB: $1.11 ($1.11 bottom).
These tokens all have one thing in common that other tokens do not have at this stage of their life cycle: the new currency rule, it is already a market habit to buy new and not old.
Let's get a feel for how powerful this habit is by looking at their prices on day 30:
OP: $0.40 ➡️ $3.22, an increase of 705%;
CANTO: $0.11 ➡️ $0.76, an increase of 590%;
APTOS: $3.61 ➡️ $19.92, an increase of 451%;
BLUR: $0.45 ➡️ $0.82, an increase of 82%;
ARB: $1.11 ➡️ $1.79, up 61%.
Summarize
1. Sell your tokens within the first 24 hours;
2. Be patient and avoid fomo for the first 14 days;
3. The first 30 days proved to be an excellent time to buy these AirDrop tokens again.
https://twitter.com/crypthoem/status/1650965166027071489
Deep Tide TechFlow is an in-depth content platform driven by the community, dedicated to providing valuable information and thinking with attitude.
Community:
Subscribe to the channel: https://t.me/TechFlowDaily
Telegram: https://t.me/TechFlowPost
Twitter: @TechFlowPost
Enter the WeChat group to add assistant WeChat: blocktheworld
