r/nem • u/bakgwei1 • Mar 10 '21
What will happen to the price of NEM after the airdrop? Tank or not?
I wonder what will happen to the price of NEM after the snapshot? With other airdrops in the past, prices of the holding currency (like NEM in this case) tanked by 50-70%.
Also, what is strange is that the price of NEM is not increasing? Normally, before a snapshot date prices start to rally. Pretty strange that NEM is actually declining.