Of course, there is a core group of the most dedicated users who supported the project, bought tokens, pushed the price up and added liquidity to the pool. But I think part of their motivation to do so was the growing community around CHAMBY, and that growth wouldnt have happened if we hadnt been welcoming to everyone from the very beginning. Naturally, later we revised that approach but at the start it was necessary to capture the attention of forum users, and the airdrops helped with that.
That means every step that was taken including the airdrop distribution to the Bitcointalk community members added to the success of the Chamby token. I hope to see greater success in this project as more people invest more on the dip. Those that sold earlier could thought that Chamby would not survive due to the zeros it has to clear due to the memecoin nature but never knew everything is going to shoot up to an unexpected all time high.
The airdrops were indeed huge, but they were a necessary measure. We announced that we would distribute tokens to everyone who signed up. This was necessary to fully distribute the supply into the market. Otherwise, it was unclear how to distribute the tokens. Any other method required monetary investments or a complex distribution technique.
Your team must have done extraordinarily to make sure that the adoption keep coming and I know that with more input, greater height will be achieved. The way the token was distributed and the quantity was a surprise to everyone before the price started gaining massive liquidity.
Naturally, most of the tokens were received by paper people who had no intention of becoming part of the community. Others saw themselves as short-term fellow travelers and simply wanted to make money. Still others were still discussing the token with interest, but sold their tokens long ago or recently.
Just like the way we see different players in the market, there are investors that are after catch spikes, there are also investors that are in the market for temporary purposes. And others might be to investor and hold for as long as possible without touching their investments. Different categories of airdrop participants and some can be quite annoying ready to dump immediately the token is launched.
We can do an 8-dust airdrop on Discord or Telegram if anyone from the English-Nigerian locale wants to organize the collection of applications and distribute tokens to addresses. I and other users from the Russian locale could help with funds or advice.
Do you have a community on Discord and Telegram? That is will be amazing to join if I have the access.
