Justin Sun's Acquisition of $30 Million EIGEN Holdings Shines Spotlight on EigenLayer Airdrop

Saturday, 11 May 2024, 15:30

Justin Sun's ownership of $30 million worth of EIGEN tokens through EigenLayer's airdrop creates a buzz in the community. Despite the token's growing market capitalization, concerns about early dumping have been addressed by Eigen Foundation. With plans for a second airdrop phase, EigenLayer aims to engage more users in the restaking protocol.
https://store.livarava.com/068f9de3-0fad-11ef-a6c2-63e1980711b2.png
Justin Sun's Acquisition of $30 Million EIGEN Holdings Shines Spotlight on EigenLayer Airdrop

Justin Sun's $30 Million EIGEN Holdings Spotlighted as EigenLayer Airdrop Kicks Off

The Eigen Foundation, an independent non-profit, initiated the Season 1 airdrop claims process for the restaking protocol EigenLayer. Community members discovered Sun's significant EIGEN token allocation, sparking attention.

Justin Sun Gets $30 Million Worth of EIGEN

At current $8 per token rates, Sun's EIGEN holdings value at around $30 million. The token anticipates a $800 million initial market capitalization with a $16 billion fully diluted valuation. Data analyst Jonaso reveals his staking activities.

  • Foundation addresses concerns regarding early dumping with nontransferable tokens
  • Second airdrop phase planned amid initial controversies
  • Platform restricts users from certain countries and VPN claims

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe