Try Quests to earn crypto74. [Easy] Airdrop Price Impact
Mirror Protocol is a DeFi platform on the Terra network which allows users to trade synthetic versions of real world stocks, which are pegged to the stocks actual price. Mirror Protocol's token, MIR, is airdropped to LUNA stakers. This dashboard looks at the impact of MIR airdrops on its token price. To determine the effect of airdrops on the price, I first looked at MIR's token price over the last nine months, by week. I then looked at the number of MIR airdrops claimed weekly over the last nine months, and the total amount of tokens claimed weekly over the past nine months. The amount of airdrops claimed appears to have a negative correlation with the price of MIR, as the amount of airdrops has increased significantly since February 2021, while the price of MIR has dropped from a high of around $10 in May to about $3 currently. The amount of MIR tokens claimed does not seem to have a significant effect on the price of MIR. Credit: Part of the code for the MIR airdrop data was sourced from brian_#3619's '55. [Hard] Terra-UNI Airdrop Recipients' submission