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Home»Analysis»The pump crashes more than 50% post-ico as the founder says that Airdrop was not coming soon
Analysis

The pump crashes more than 50% post-ico as the founder says that Airdrop was not coming soon

July 24, 2025No Comments
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Main to remember

  • The pump is down more than 50% since its presale, because the Ardrop buzz of the same Launchpad corner lacks vapor.
  • Alon said the team would announce the calendar and all the details of the air card when everything is finalized.

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The pump, the native token of the launch pump of the same corner, plunged more than 50% in less than two weeks after its presale, while the air media threw is fading.

The token, at the initial price of $ 0.004 during its ICO, increased to $ 0.0067 after the launch event, but quickly traced below $ 0.005 in the days that followed. On Tuesday, he slipped below his ICO prize and continued to fall today after the project manager Alon Cohen said that a air board was not coming soon.

“With regard to the Airdrop, as we promised when we initially announced the TGE, there will be an Airdrop. It shouldn’t surprise anyone. We are going to hold on, and our goal with this Airdrop is to obviously reward the community that has helped build a platform which … prospered for the last one, a last year. ”

“We want to make sure that this is a significant aerial card and that it is well executed,” added Alon, noting that the team focuses on the long -term growth of the ecosystem.

“We are actually focusing on bringing a large part of this attention and media threshing to our ecosystem. That being said, the air card will not take place in the immediate future, but we will be, you will know, we will communicate deadlines or details, whatever these details,” he said.

The feeling of investors around the pump seems to be mixed. According to data followed by Lookonchain, Jeffrey Huang, commonly known as Machi Big Brother, added to his long position of the pump despite a drop of more than $ 5.8 million in the middle of the steep drop in the token.

As $ Pump Continue to fall, Machi Big Brother (@Machibigrother)) $ Pump The long position is now down more than $ 5.8 million, but it still doubles and adds more to its $ Pump Long positions. pic.twitter.com/w3adcxxcgd

– Lookonchain (@lookonchain) July 24, 2025

Portfolios linked to private sales investors, on the other hand, sold more than 1.2 billion pumps to $ 0.003 in the last two hours, resulting in a loss of about $ 1 million.

2 portfolios (probably private investors) sold 1.25b $ Pump($ 3.81 million) at $ 0.00305 in the last 2 hours, losing $ 1.19 million. pic.twitter.com/glybdghfl8

– Lookonchain (@lookonchain) July 24, 2025

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