Recently, the pace of airdrop distributions has noticeably changed. For three consecutive days, old tokens have been released, and the points still remain at the 240 level. This wave of operations is quite different from the previous period—before, two or three projects would be released in a single day, very intensive and without any rhythm.

The airdrop strategy during that time could easily create the illusion of a new alpha opportunity. Over ten thousand new users flooded in all at once, and the hype really picked up. But now, the pace has slowed down, and the distribution is being controlled, causing the market enthusiasm to naturally decline.

This raises a question: how long can this sell-then-withhold airdrop strategy last? Is it a short-term adjustment or a new normal? For user retention and ecosystem activity, both approaches have their pros and cons. The past two days saw no airdrops, and everyone is watching how the industry will follow up.