I think the @moonbirds FP dump today is caused by new NFT people who hopped on the birb train late & now hop off thinking that the snapshot was taken following the airdrop announcement.
Those who were here in Q4 last year know that in the $PENGU airdrop for @pudgypenguins holders, there's no snapshot and the airdropped token is attached directly to the NFT.
It was one of the smoothest & most holder-friendly airdrops to date. Crucially, the no-snapshot approach helped the NFT maintain strong momentum right up until TGE. Pudgy FP hit 25+ ETH exactly on the $PENGU TGE day, then retraced and spiked again to nearly 24 ETH as people speculated on the Abstract airdrop.
No reason to not think that Spencer and his team won't choose the $PENGU way for the $BIRB airdrop and Moonbirds will get back on track as old folks are now shaken out and new folks will jump in.
Don't worry, birbs in control.
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