MATUSDT
+0.23%
Matchain will take a new snapshot for its airdrop on October 19. Snapshots often make users buy and hold coins to get rewards, which can push prices up before the deadline. More people may want to hold MAT to become part of the airdrop, raising demand and price in the short term. After the snapshot, some holders could sell, so price can fall quickly too. The effect often depends on how large and important the airdrop is to investors. Details can be found at: source.