AirDops increase and its impact on the market limit of cryptocurrency
In recent years, AirDrops have become a popular phenomenon among cryptocurrency enthusiasts. These gifts are often made by blockchain projects or organizations to distribute part of the markers supply to users. In this article, we will study the role of Airdrops in the development of market capitalization with an event research on Ethereum (ETH).
What is the moment of air?
AirDrop is an advertising event in which the cryptocurrency project distributes markers to its users without requiring any special actions or participation. This may include the percentage of fixed tokens during launch or bonus coins offering early adopters or loyal users.
The concept of market capitalization (MC)
Market capitalization reflects the total value of shares in the company. In the context of cryptocurrency markets, it is often calculated as the amount of all outstanding markers holders. The price of these tokens can fluctuate based on market demand and supply.
Airdops and Market Cap
When the source comes, it enters new money on the market, which can increase the total value of cryptocurrencies. By distributing chips for users who have not participated in the project, Airgrops creates a perceived increase in demand after coins.
This phenomenon has been observed in several cases:
* Ethereum (ETH) : Ethereum experienced the initial coin supply (ICO) and the subsequent launch of Mainnet. This was largely due to AirDrope, administered by project developers and early adopters.
* Cardano (ADA) : Cardano benefits from air during the ICO, resulting in a significant increase in market capitalization.
Case Research: Ethereum (ETH) AirDrop
Ethereum in 2016 conducted a successful AirDrop event, distributing about 60 million ETH markers. This was followed by the launch of the Ethereum 2.0 Mainnet, which marked an important turning point of the project.
Airdrop played a crucial role in increasing market capitalization and the overall value of Ethereum. According to CoinMarketcap, the ETH price increased from USD 113 per marker on December 1, 2016 to approximately $ 700 per marker on December 31, 2020.
Conclusion
Airdrops have proven to be an effective tool for increasing market capitalization and raising the prices of cryptocurrency. By distributing tokens to users who have not participated in the project, AirDrope can lead to a perceived increase in demand and increase the price of coins involved.
As the encryption market continues to develop, we may see more airline and their impact on market capitalization. While some may consider AirDrops as a way to circumvent regulatory requirements or manipulate market mood, they can also be considered as a legitimate way to collect and promote funds.
suggestions
* Understand the concept of market capitalization : In order to fully assess the role of airdropes within the market, it is important to cover the basic principles of cryptocurrency markets.
* Stay informed about the upcoming events : Keep up with news and announcements from projects that could administer AirDrop measures in the future.
* Be cautious about AirDrop Hype : While AirDrops can create significant price movements, they should not rely on the primary investment strategy.
As cryptocurrency markets continue to grow and develop, it is important to remain aware of the role of Airdops within the market. Understanding the concept of airdropic and their impact on market capitalization, individuals can make more informed decisions by investing in cryptocurrencies.