PANews reported on October 10th that according to CoinDesk, several new tokens have recently experienced significant pullbacks after their launch, raising questions about the Time-Based Enabling (TGE) model ahead of a series of airdrops. CAMP, the native token of the AI-powered Layer1 blockchain, has plummeted 88% since its launch last month, while DoubleZero's 2Z token has lost 60% of its value in just eight days. Anoma's XAN token has also seen a significant drop, falling 60% in a week. XPL's price fell below its TGE issue price on Friday due to widespread negative sentiment surrounding the alleged founding team token sale, a claim denied by the company's founder. There are several reasons behind the dismal performance of newly listed tokens. One is excessive pre-launch hype, which means that when the tokens finally come to market, users are often content to receive a return on their investment rather than continue to increase their holdings. Another reason is token economics. XPL's woes were attributed to $813 million worth of "ecosystem and growth" tokens, which were allegedly sold through market makers, putting pressure on prices and exceeding retail investor demand. With major airdrops coming up for MetaMask, OpenSea, and Monad, some worry that the 2025 "airdrop season" could see similarly weak performance if supply outstrips demand.PANews reported on October 10th that according to CoinDesk, several new tokens have recently experienced significant pullbacks after their launch, raising questions about the Time-Based Enabling (TGE) model ahead of a series of airdrops. CAMP, the native token of the AI-powered Layer1 blockchain, has plummeted 88% since its launch last month, while DoubleZero's 2Z token has lost 60% of its value in just eight days. Anoma's XAN token has also seen a significant drop, falling 60% in a week. XPL's price fell below its TGE issue price on Friday due to widespread negative sentiment surrounding the alleged founding team token sale, a claim denied by the company's founder. There are several reasons behind the dismal performance of newly listed tokens. One is excessive pre-launch hype, which means that when the tokens finally come to market, users are often content to receive a return on their investment rather than continue to increase their holdings. Another reason is token economics. XPL's woes were attributed to $813 million worth of "ecosystem and growth" tokens, which were allegedly sold through market makers, putting pressure on prices and exceeding retail investor demand. With major airdrops coming up for MetaMask, OpenSea, and Monad, some worry that the 2025 "airdrop season" could see similarly weak performance if supply outstrips demand.

                                                                               Song accused BTC Core developers of defecting and failing to address widespread community concerns about non-monetary data on the ledger.                     Jimmy Song, a Bitcoin (BTC) developer and advocate, slammed the decision by Bitcoin Core developers to remove the OP_Return limit for non-monetary data embedded on the Bitcoin blockchain in the upcoming Bitcoin Core 30 upgrade, calling it “fiat” mentality.Song accused the Core developers of deflecting user concerns about removing the OP_Return limit, which is currently 80 bytes in size, and ignoring the significant pushback from the Bitcoin community and node runners. He also said:You can argue whether that's something desirable or not, but saying you can't define it is a stalling tactic meant to avoid the real argument about actual impact — particularly, the long-term impact of this change,” Song continued.Read more