Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Incentivised Posting / Shill => Topic started by: Kizozo on January 26, 2024, 11:38:20 AM
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Following the process of ALT token claim yesterday at 12:00PM with 300 million tokens allocated for the first batch of the Airdrop event valued at approximately $96m at the price of $0.32 per token, there has been lots of excitement as to whether Airdrop season is back as Multi-layer roll-up distributor Dymension is also planning to launch its mainnet in coming days with 70 million DYM token allocated for the Airdrop event.
What caught my attention was the sharp and drastic surge in the mcap of ALT after launch. With current market cap currently around $365M and FDV of over $3B. It's important to note that only 3% of ALT total supply of 10B token was airdroped with top addresses claiming 1.29M and 1.19M tokens worth $420k and $388k at the price of $0.32.
With the current positive price action, this proves that investors are Keen about the project hence the continuous surge in price since listing. With more top cex like Bitget, Gateio and kucoin listing the token, do you think it's worth holding the token for the long term?
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