Recently, the NFT airdrop of the blockchain game Monopoly project has caused some fluctuations in the market, which is worth taking a close look at to see what happened.
The airdrops were concentrated during the early hours, with a large influx of new assets entering the secondary market, naturally bringing some selling pressure. Many players took the opportunity to cash out, and NFT prices across various tiers have adjusted accordingly, especially the floor prices of high-level assets showing more obvious swings. The selling pressure in the early trading session was indeed quite intense.
However, based on actual trading data, this pressure did not harm the market's activity. Nearly 4,000 transactions were completed in 24 hours, totaling over $50,000, with approximately 2,700 unique users participating. Liquidity has remained quite good. Interestingly, signals of on-chain transfers and continuous buying appeared frequently, with both large and small investors simultaneously deploying quality NFTs, seemingly planning to accumulate.
From another perspective, the game itself continues to operate steadily, with clear tiers of rarity for NFTs, and future gameplay and rights are expected to develop, which keeps many optimistic about the project's medium- and long-term potential. The short-term selling pressure caused by this airdrop is actually just a release of liquidity. With funds ready to buy in and a shared consensus among players, the market quickly stabilized. Overall sentiment remains quite optimistic.
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OnlyUpOnly
· 01-17 23:28
I saw the airdrop dump in the early morning, but the activity didn't drop; in fact, it's quite good. Large investors are quietly accumulating.
This wave is indeed about releasing liquidity. The floor price fluctuation is normal, and the key is that someone is taking the buy-in.
The game framework of Monopoly is still there, with clear rarity tiers. I don't think it will collapse.
After the airdrop wave passes, it will stabilize. It seems that the consensus hasn't dispersed yet.
Prices of high-level NFTs fluctuate the most. If you're looking for a bargain, watch these two days.
Honestly, such active liquidity shows that there are still people optimistic about the future gameplay.
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just_another_wallet
· 01-17 12:03
I saw the dump in the early morning, but this time it doesn't seem as bad as I imagined.
Big players are secretly accumulating, smart people have already figured it out.
Can this project still be played? I'm a bit unsure.
Honestly, such high liquidity feels a bit suspicious.
The secondary market is like this—when some people run, others buy in. It's very normal.
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BagHolderTillRetire
· 01-17 06:00
It's the same old story again—airdrops crashing the price and big players accumulating.
The early trading looked really scary, but just look at the trading volume and participation; it doesn't seem like it's about to die.
2700 individual users are positioning themselves, and that's the real signal—more effective than anything else.
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MoonRocketTeam
· 01-17 05:55
The early airdrop was indeed risky, but judging by the data, the accumulation signals are so obvious that major players have already been replenishing their supplies.
The Monopoly project still has some substance. Although the floor price fluctuates wildly, the strong liquidity indicates that the consensus is still there. 2,700 independent users simultaneously deploying is no joke.
The short-term selling pressure is just a necessary cleanup before launch. Let's wait and see it break through the atmosphere.
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wagmi_eventually
· 01-17 05:52
Airdrop dumping happens all the time, but this time the data is quite solid. The fact that 2,700 independent users are taking the bait shows that some people are genuinely optimistic.
Cutting leeks in the early hours, accumulating funds in the morning—this routine is played smoothly.
The Monopoly project still looks good in the long run; as long as liquidity hasn't collapsed, it's a positive sign.
Another round of washout or truly the bottom? Just wait and see.
Why is it always dumped in the early hours? Can't they just do normal airdrops?
I only believe half of this data; on-chain signals are the real deal.
If big players are accumulating, it means it’s not dead yet. Let’s see how it goes.
Recently, the NFT airdrop of the blockchain game Monopoly project has caused some fluctuations in the market, which is worth taking a close look at to see what happened.
The airdrops were concentrated during the early hours, with a large influx of new assets entering the secondary market, naturally bringing some selling pressure. Many players took the opportunity to cash out, and NFT prices across various tiers have adjusted accordingly, especially the floor prices of high-level assets showing more obvious swings. The selling pressure in the early trading session was indeed quite intense.
However, based on actual trading data, this pressure did not harm the market's activity. Nearly 4,000 transactions were completed in 24 hours, totaling over $50,000, with approximately 2,700 unique users participating. Liquidity has remained quite good. Interestingly, signals of on-chain transfers and continuous buying appeared frequently, with both large and small investors simultaneously deploying quality NFTs, seemingly planning to accumulate.
From another perspective, the game itself continues to operate steadily, with clear tiers of rarity for NFTs, and future gameplay and rights are expected to develop, which keeps many optimistic about the project's medium- and long-term potential. The short-term selling pressure caused by this airdrop is actually just a release of liquidity. With funds ready to buy in and a shared consensus among players, the market quickly stabilized. Overall sentiment remains quite optimistic.