74. [Easy] Airdrop Price Impact

    How do airdrops impact the price of a token? Find and analyze at least one example in the data.

    Loading...

    Introduction

    In this dashboard, we take a look at the relationship between claimed airdrops and the price of the mirror token

    Analysis

    Mirror airdrops are generally released weekly, and you can see on the weekly charts that there are quite a few claims done when they are released. The price dips a little bit during those period probably due to the sell pressure from the airdrops.

    Conclusion

    A good strategy would be to buy the dip :D