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When Is the Best Time To Sell Airdrops? CoinGecko Reveals


Feb, 23, 2024
1 min read
by CoinEdition
Airdrops Surge to Record Prices in Short Timelines: CoinGecko Report
  • CoinGecko claimed that 23 out of 50 major airdrops achieved record prices within the first two weeks.
  • Out of the analyzed tokens, 16 reached their peak price in less than 14 days.
  • Four tokens reached their peak price 101 days or more after the airdrop.

According to a recently published report by CoinGecko, 23 out of 50 major airdrops achieved record token prices within the first two weeks after the airdrop date. According to the research, the maximum profit could be obtained within 14 days.

Out of the 23 tokens that reached their peak price in the first two weeks, 16 reached their peak price within two to 14 days. The remaining seven tokens reached their peak on the first day. As seen in the visual below, the report highlighted that some airdrop tokens reached their peak price on the first day, while others achieved it within the first week.

The research identified 14 airdrop tokens that managed to reach their peak price 101 days or more after the airdrop.

50 Biggest Airdrops | Source: CoinGecko

Among the airdrop tokens with the highest short-term price increases were Ethereum Name Service (ENS) and X2Y2. By the second day of trading, ENS and X2Y2 sa…

The post When Is the Best Time To Sell Airdrops? CoinGecko Reveals appeared first on Coin Edition.

Read the article at CoinEdition

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When Is the Best Time To Sell Airdrops? CoinGecko Reveals


Feb, 23, 2024
1 min read
by CoinEdition
Airdrops Surge to Record Prices in Short Timelines: CoinGecko Report
  • CoinGecko claimed that 23 out of 50 major airdrops achieved record prices within the first two weeks.
  • Out of the analyzed tokens, 16 reached their peak price in less than 14 days.
  • Four tokens reached their peak price 101 days or more after the airdrop.

According to a recently published report by CoinGecko, 23 out of 50 major airdrops achieved record token prices within the first two weeks after the airdrop date. According to the research, the maximum profit could be obtained within 14 days.

Out of the 23 tokens that reached their peak price in the first two weeks, 16 reached their peak price within two to 14 days. The remaining seven tokens reached their peak on the first day. As seen in the visual below, the report highlighted that some airdrop tokens reached their peak price on the first day, while others achieved it within the first week.

The research identified 14 airdrop tokens that managed to reach their peak price 101 days or more after the airdrop.

50 Biggest Airdrops | Source: CoinGecko

Among the airdrop tokens with the highest short-term price increases were Ethereum Name Service (ENS) and X2Y2. By the second day of trading, ENS and X2Y2 sa…

The post When Is the Best Time To Sell Airdrops? CoinGecko Reveals appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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