Analysis: The airdrop of Season 2 may cause BLUR to face greater market pressure

It is reported that BLUR has fallen below the level of US $0.75 in recent weeks. Analysts believe that investors are worried that the airdrop of Season 2 will lead to further increase in the supply of tokens, which may bring greater downward pressure on prices. The upcoming air drop of new tokens will be distributed to existing token holders. Although air drop is a good way to reward loyal investors and stimulate interest in cryptocurrency projects, if new tokens flood into the market and cause oversupply, air drop may also cause problems. If a large number of investors choose to sell their new tokens immediately, there will be selling pressure. As far as BLUR is concerned, the upcoming air drop has made many investors start to worry about the possibility of oversupply, leading to a decline in the value of tokens. （u.today）

Interpretation of this information:

The message is reporting on the recent decline in the value of BLUR, a cryptocurrency token that has fallen below the US $0.75 level. According to analysts, this is due to investors’ concerns about the upcoming airdrop of Season 2, which may further increase the supply of tokens and put downward pressure on prices.

An airdrop is a type of marketing strategy used by cryptocurrency projects to reward existing token holders and promote interest in their project by distributing free tokens among its community. It is a good way to retain loyal investors and encourage new ones to join. However, if the number of tokens distributed through airdrops exceeds the demand for them, oversupply can occur, which can negatively affect the token’s value.

The upcoming airdrop for BLUR is causing concerns amongst investors because it may lead to an oversupply of tokens in the market, which can increase selling pressure. If a large number of investors decide to sell their new tokens immediately, the price of the token will further decline.

Overall, the message implies that although airdrops are generally useful for promoting cryptocurrency projects, oversupply can cause problems. In the case of BLUR, the upcoming airdrop has made investors worry about a possible decline in the token’s value due to oversupply. The message touches on the importance of striking a balance between reward schemes and token value to maintain investor confidence and interest in the project.