EULEOKX publishes the supplementary explanation of the air drop rules of the CELT disposal plan

On March 1, according to the official announcement, the CELT disposal plan’s air-drop rules were further announced after the European Union’s OKX issued a statement on the large price fluctuation of the CELT project and the disposal plan.

Interpretation of this information:

Interpreting the Message

The message states that on March 1, an announcement was made regarding the air-drop rules for the CELT disposal plan. This came after the European Union’s OKX issued a statement on the large price fluctuation of the CELT project and the disposal plan.

CELT, which stands for “Chain of Eternal Light Token,” is a project that aimed to create a blockchain ecosystem for the funeral industry. However, it faced criticism and controversy over its effectiveness and legitimacy. The disposal plan referred to in the message is likely related to the project’s winding down or closure.

The air-drop rules mentioned in the message refer to the distribution of tokens to existing holders. This could be a way of compensating them for their investments, as the project seems to be struggling with price volatility and public opinion.

The European Union’s OKX statement about the CELT project’s price fluctuation suggests that the project’s token value is unstable. This could be due to a lack of demand or low adoption rates, among other factors. The disposal plan mentioned in the message could be a response to this issue. It is possible that the project’s creators are trying to manage public perception and minimize losses by winding down the project.

Therefore, the message’s interpretation is that the CELT disposal plan’s air-drop rules were announced after the European Union’s OKX issued a statement concerning the CELT project’s price fluctuation. This suggests that the project may be facing challenges and that token holders may be compensated through air-dropped tokens.

In summary, the message highlights the ongoing challenges and potential end of the CELT project, along with the air-drop rules that may provide some compensation for token holders. However, the reasons for the project’s failure or decline are not clear, and it is uncertain what the future holds for the CELT project.