{"id":10507,"date":"2024-01-26T19:02:26","date_gmt":"2024-01-26T19:02:26","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=10507"},"modified":"2024-01-26T19:02:47","modified_gmt":"2024-01-26T19:02:47","slug":"700-million-dollars-in-airdrops-in-just-one-week","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/700-million-dollars-in-airdrops-in-just-one-week\/","title":{"rendered":"700 Million Dollars in Airdrops in Just One Week!"},"content":{"rendered":"

Ethereum scaling solution AltLayer became the first of at least three protocols to complete a token airdrop of over $100 million in its first phase.<\/p>\n

\n

You might like: SEC Extends Decision on Grayscale Ethereum Spot ETF<\/em><\/strong><\/span><\/a><\/p>\n<\/blockquote>\n

The AltLayer (ALT) token and claiming process went live on January 25 at 9:00 UTC. While 300 million tokens were allocated in the initial airdrop, the total, with an average daily price of $0.32, amounts to about $96 million at current prices. Don’t worry, you will have a month to claim your $ALT tokens.<\/p>\n

Celestia investors who want to participate in the ALT airdrop will have to wait a while longer, as AltLayer stated that “technical differences in the demand mechanism” for Celestia are delaying the airdrop.<\/p>\n

Dymension Airdrop<\/span><\/h2>\n

Multi-layer rollup distributor Dymension plans to launch its Mainnet soon and will airdrop 70 million DYM tokens, which will be distributed primarily to Celestia investors and Pudgy Penguin unique token holders, but will also be distributed to Solana and Ethereum ecosystem participants.<\/p>\n

The claim period for Dymension ended on January 21, so investors who did not claim the airdrop have now missed out. According to pre-market perpetual futures trading on decentralized exchange Aevo, the Dymension airdrop will be worth about $210 million to its recipients at current prices.<\/p>\n

DYM is currently trading at around $3 in pre-market transactions. Meanwhile, Solana-based decentralized exchange Jupiter confirmed that it will launch its JUP token on January 31. A total of 1 billion tokens are being distributed during the airdrop, and with the current JUP perpetual futures trading at around $0.41 in pre-market, the airdrop will be worth about $410 million at current prices.<\/p>\n

\n

Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don\u2019t forget to follow us on\u00a0Telegram<\/strong><\/a>,\u00a0YouTube<\/strong><\/a>\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Ethereum scaling solution AltLayer became the first of at least three protocols to complete a token airdrop of over $100 million in its first phase. You might like: SEC Extends Decision on Grayscale Ethereum Spot ETF The AltLayer (ALT) token and claiming process went live on January 25 at 9:00 UTC. While 300 million tokens<\/p>\n","protected":false},"author":1,"featured_media":10508,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[64,3671,3933,3935,105,2994,2038,3934,319],"class_list":["post-10507","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-airdrop","tag-altlayer","tag-dym","tag-dymension","tag-ethereum","tag-jup","tag-mainnet","tag-pudgy-penguin","tag-solana"],"yoast_head":"\n700 Million Dollars in Airdrops in Just One Week! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"AltLayer became the first of at least three protocols to complete a token airdrop of over $100 million in its first phase.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/700-million-dollars-in-airdrops-in-just-one-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"700 Million Dollars in Airdrops in Just One Week! 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