> if you’re holding a big bag and have an audience
> and your only plan is to sell your airdrop/allocation
announcing it counts as "fud"
about the icobeast thing, dude made thousands of tweets shilling kaito, was one of the top yappers, then dumped $KAITO airdrop faster than anyone else. blocked me the moment i pointed it out lol.
i don’t care what people do with their bags, but dumping right after nonstop shilling is peak hypocrisy imo.
Any megaETH sale participant who locked their tokens for a year is required to (i) acquire the tokens for their own account without any resale or transfer intention, and (ii) refrain from any transfer, resale, or hedging transaction that would violate applicable laws.
Anybody who goes into twitter and openly discusses plans to OTC and hedge their positions will receive a refund and zero allocation.
the sale was 28x oversubscribed. it makes no sense to allocate tokens to someone who wants to sell them before they even receive them. it is better for megaeth and other mega holders if we allocate these tokens to people that are bullish on mega and are at least willing to hold through the lock period that they themselves requested
On a separate note, I don’t think @icobeast is an evil person and the reaction is overblown. Not a great streak of tweets though ngl.
704
5
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.