Actually, $WET is just $MET reversed. - Both are done by the Jupiter system. - The names are reversed. - One airdrops a large truck, the other sells coins without airdropping. The result is clear: ICO is indeed a better way to distribute tokens. TGE's explanation, besides being an explanation to the primary level, ultimately also explains to the secondary level. Which method can maintain the highest price at the lowest cost over the longest time frame, allowing for better subsequent liquid fund OTC rounds? Which distribution method will win. This has nothing to do with community or PMF; they are two separate issues.

I calculated some data. If we only consider the apparent first-day selling pressure of TGE (excluding exchanges like Binance Alpha), for the two projects (airdrop vs. ICO): The theoretical selling pressure for $MET is $300M+, but the actual selling pressure should be around $40-60M. The theoretical selling pressure for $WET is $6.9M, but the actual selling pressure should be less than $1.5M. However, from the community's perspective, will the latter generate much backlash because it doesn't offer airdrops but instead does an ICO? It seems not. Both are DEXs, and in fact, both are component protocols of Jupiter. Of course, you could argue that Meteora is tasked with accumulating TVL for JUP, and renting liquidity is more expensive, which is indeed true.