Airdrop icons under the lights such as Kadena (KDA), Huma Finance (Huma) and Sophon (SOPH) are subject to facing the volatile market interactions after their recent distributions.
Kadena started the GALXE campaign with a set of $ 55,000 prizes, but it is still 14.4 % low last week. Hima fell more than 51 % in just three days of Airdrop in the first season, although strong investors support. Meanwhile, SOPH 33 % decreased within 24 hours of launch due to the opening of the huge distinctive symbol and continues to test the main support levels amid a high crane and limited interest.
Kadina (KDA)
Kadena leads the most prominent AirDrops Crypto list for the last week of May, raising more than $ 35 million with support from major investors such as Multicoin Capital, Coinfund and SV Angel.
The project, which is a set of proof of layer 1 that focuses on expansion, has launched a confirmed Airdrop campaign through Galxe with a prize of 100,000 km Dalton-value of $ 55,000.
Users can participate by completing tasks such as connecting portfolios, joining social channels or holding KDA distinctive symbols. The campaign continues until August 24, providing a strong incentive for the participation of society and the growth of the ecosystems.
Despite the Airdrop, Kadena has struggled, a decrease of 14.4 % over the past seven days and is currently trading less than $ 0.60.
If the current lower direction continues, KDA may fall towards support at $ 0.507.
However, if the feelings are transformed and the revenue of pressure is transformed, the distinctive symbol may restore $ 0.54, with other potentials in the upward trend about $ 0.621 and $ 0.677.
Huma Financial (Hema)
Huma Finance recently unveiled its full symbol and Airdrop details in the first season, allocating 5 % of a total of 10 billion of the distinctive features of the first users.
With the support of major investors such as Circle and Hashkey Capital, Huma plays itself as a first engine in the emerging Payfi sector. It aims to integrate immediate payments with Defi and assets in the real world.
Despite the collection of more than $ 46 million and the second air planning of 2.1 % after TGE, the project faced criticism for its relatively low allocation.
The team insists that this is the beginning, but the market participation was modest, indicating that the user’s preferences change towards the latest Airdrop models.
Since Airdrop, HUMA has decreased more than 51 % in just three days, reflecting the lack of purchase support after Airdrop. If the current lower direction continues, the price may decrease to less than 0.0503 dollars, and test its lowest levels.
However, if the feelings turn and find the symbol support, it may refresh to challenge the resistance at $ 0.055. It can pay a stronger crowd even about $ 0.0596, although a continuous momentum is needed to reflect early declining pressure.
Sophon (SOP)
The Sophh’s Som’s Sofe code decreased more than 33 % within 24 hours from its first appearance and Binance menu, due primarily to the sudden release of 900 million air code.
Despite strong support-more than $ 70 million in financing and support from Binance Labs-TOKEN’s interesting interest and the shock of the overwhelming offer sparked a sharp sale.
In addition to the volatility, the Binance Sophie was set “the seed mark” and the enabling of futures with up to 75X financial lever, which inflated price fluctuations.
SIF is now coming near the main support level at $ 0.056, which may be tested soon if the pressure continues. If the symbol regains the bullish momentum, it may challenge the resistance at $ 0.059.
The strong upward trend can pay up to $ 0.061, $ 0.064, and possibly $ 0.067.
Disintegration
In line with the guidance of the confidence project, this price analysis article is for media purposes only and should not be considered financial or investment advice. Beincrypto is committed to accurate and unbiased reporting, but market conditions are subject to change without notice. Always perform your research and consult with a professional before making any financial decisions. Please note that the terms, conditions, privacy policy have been updated and the evacuation of responsibility.
