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On May 3, the native token of Friend.tech, $FRIEND, plummeted by 50% following its launch, triggered by the sell-off of holdings by the largest whale. Simultaneously, users encountered difficulties accessing their airdropped tokens. According to BaseScan data, shortly after the airdrop, the largest holder, “Murphys1d,” swiftly disposed of over 55,000 units of the newly issued…
EigenLayer, a restaking protocol, has responded expansively to the criticism it faced following its initial airdrop by deciding to provide an extra 100 EIGEN tokens to 280,000 qualifying wallet addresses. The decision comes amidst growing discontentment voiced by users regarding the terms and conditions of the first airdrop. Initially, on April 29th, EigenLayer had declared…
Over the past year, real-world asset (RWA) tokenization protocols have experienced an extraordinary surge, marking a notable milestone in the evolution of decentralized finance (DeFi). Recent data from Messari, a leading blockchain analytics and research firm, reveals that the total value locked (TVL) within the RWA sector has reached an impressive benchmark, nearing the $8…
In the wake of the latest Bitcoin Halving event and the ensuing flurry of bullish sentiment engulfing the cryptocurrency landscape, prognosticators are abuzz with anticipation, projecting an imminent surge in market valuations that could potentially eclipse previous all-time highs. This palpable optimism, fueled by heightened price volatility and a renewed faith in the resilience of…
Summary Solana-based memecoin airdrops briefly covered the cost of “Chapter 2.” MANEKI and MEW are reportedly connected to the soon-to-launch mobile device. The memecoins’ combined value reached $459 on Thursday, topping Chapter 2’s $450 cost. In a fascinating convergence of cryptocurrency, meme culture, and technological innovation, the Solana blockchain ecosystem has witnessed the emergence of…
BONK, a token synonymous with the Solana blockchain and deeply entrenched in meme culture, has experienced a remarkable resurgence as of late, marked by a surge in value that has propelled its weekly gains to an impressive 70%. This bullish trajectory follows a pivotal decision by community members to endorse a proposal advocating for a…
Outline 99Bitcoins Airdrop Is a Win-Win For Investors These 5 Airdrop Cryptos Exploded – $99BTC Is Next? A Closer Look at the 99Bitcoins Presale Cryptocurrency airdrops have evolved into a pivotal component of the industry’s intricate ecosystem, their significance reverberating throughout various facets. At their core, airdrops epitomize the ethos of decentralization, embodying the…
The web3 application STEPN, which incentivizes users to earn rewards by engaging in various activities, has recently initiated a significant promotional campaign termed the “trailblazer” airdrop. This campaign involves the distribution of 100 million FSL Points, a digital asset associated with the Solana-based non-fungible token (NFT) project. Notably, the total value of this airdrop amounts…
In recent years, the realm of cryptocurrency has evolved into a captivating landscape, offering investors the allure of substantial returns through an array of innovative coin varieties. Among the plethora of digital assets that have garnered attention, “Hump (HUMP)” stands out as a prominent example within the cryptocurrency sphere. Operating on the Solana network, Hump…
Terraform Labs and its co-founder, Do Kwon, faced a federal court trial in the United States District Court for the Southern District of New York, where they were found guilty of fraud in a civil case filed by the Securities and Exchange Commission (SEC). Following a two-week trial and after hearing closing arguments, the jury…