The Hype & Fallout of The Crypto Airdrop

There has been a lot of excitement surrounding the Aptos airdrop in the cryptocurrency community; both buyers and sellers are in high demand (the airdrop recipients). If you think about it, this is actually what Aptos sought to do, despite the fact that nobody is talking about it. They sought to create a hype to raise awareness of the initiative, and they were successful in doing so. Airdrops accomplish this since they have this psychological effect. Whether individuals receive free stuff, they assist you in spreading the word more widely. This is especially true when big-time, big-scale, or small-scale social media influencers are fortunate enough to have benefited from the airdrops. We'll be hearing a lot about Aptos over the course of the upcoming week because they paid for it, so it's only natural to see the hype, but guess what? We've been here before, and this has happened before.

People are learning about the block chain and doing research on Aptos, so the hype is only going to increase. Aptos was initially listed for about $1.3 and reached a high of $100, but it has since dropped to just $8.7. Some people may experience FOMO because they believe the all-time high will be reached soon. Mind you, this is cryptocurrency; anything may happen. If it once reached $50, it could do so again. We've been in this situation before, so it might go back there or it might not. The APE token experienced the same situation as well. Do you see the point now after comparing the price of APE token to its all-time high? It's a good idea to study the tokenomics before you start buying into the Aptos hype to understand how the token distributions were handled. That way, you can avoid shooting yourself in the foot while attempting to make some quick money.

The utility is fantastic, we know that, but in times like these you have to rely more on fundamental analysis than utility because everyone is focused on making money in the financial crypto jungle right now, so utility isn't as important as it once was. If you buy now and the airdrop receivers dump now, what will happen to your investment now? It is time to wait for the airdrop receivers to dump their tokens so you may buy them cheaper. The value of Aptos has increased, decreased, and is likely to increase and decrease again. People want to earn quick money, the market is in a bear market, and it's the crypto cycle. Whatever you do, take advantage of this chance to educate yourself and get ready for the bull market, which will help you increase your income.