CryptoAdventure- zkSync's airdrop triggered a major sell-off due to concerns about manipulation, leading to a 34.5% price crash

https://cryptoadventure.com/flawed-airdrop-zksync-holders-dump-tokens-after-launch-price-crashes-34-5/

zkSync launched a free token airdrop on June 17th, but many recipients immediately sold their tokens, causing a 34.5% price drop.

While zkSync defended their airdrop criteria, some criticized it for allowing manipulation and leading to the sell-off.

This event highlights challenges with airdrops, balancing inclusivity with preventing price manipulation.