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Airdrop of its New Alpha (ESPORTS) token has garnered significant attention, with data revealing that 70% of the accounts that received the airdrop have sold their tokens. The average profit per account from these sales is approximately $67, indicating a high level of engagement and profitability among participants.
The airdrop, which distributed 15 million ESPORTS tokens to 15,000 people, has shown that a substantial number of traders are eager to capitalize on the immediate market value of the tokens. With 10,542 people having already sold their airdropped tokens, the current single order profit is approximately $67. This behavior is typical in the cryptocurrency market, where short-term trading strategies are often employed to maximize profits.
The average profit of $67 per account is a significant figure, suggesting that the airdrop has been successful in generating value for its participants. This profit margin is likely to encourage further participation in similar airdrops and token distributions in the future. The high level of engagement and profitability from this airdrop could set a precedent for future token distributions, potentially leading to increased interest and participation from the broader cryptocurrency community.
The data also underscores the importance of liquidity in the cryptocurrency market. The ability to quickly sell tokens and realize profits is a key factor in the success of airdrops and token distributions. platform, with its robust trading infrastructure, has likely played a significant role in facilitating these transactions and ensuring that participants can easily convert their tokens into cash.