$0.04
24h
-0.16%
17 Jun, 10:25
MEGA airdrop sale avoided major losses
Bearish-17.99%
AI Summary
The author considers selling their MEGA airdrop allocation early a winning decision as the token has declined approximately 77% in value since their sale.
sometimes you just get lucky.
i was able to sell my $MEGA allocation for $112,500.
today it would be worth $26,000.
when i received my airdrop, it was trading onchain at a 10–20% premium compared to Hyperliquid.
so it was a no-brainer to dump my allocation first and think later.
i was actually very excited about the mainnet campaign and was waiting for another good entry.
luckily, i was curious enough to try all the apps.
so i was able to realize the short-term potential was very limited and never really bought back in.
i did lose $10–15k on the way down opening a few small longs, but i consider it a win in the bigger picture.
i guess i dodged a bullet here.