Tron (TRX) Founder Justin Sun Acquires 2M Tokens in EigenLayer Airdrop: A Major Boost for Crypto Market

  • Tron founder Justin Sun has received a significant airdrop reward from EigenLayer as the project progresses with its Phase 1 airdrop campaign and prepares for the second phase.
  • Sun reportedly received over 2 million tokens from the airdrop, which is expected to distribute over 6% of EIGEN’s total supply as rewards.
  • In addition to the airdrop, Sun has also made a substantial contribution to EigenLayer.

Tron CEO Justin Sun has emerged as a major beneficiary of the EigenLayer token airdrop, securing a whopping 2.08 million EIGEN tokens. The community is also bracing for a Phase 2 airdrop.

Tron CEO Receives EigenLayer Airdrop Reward

The transaction, reported on Saturday, May 11, 2024, has sparked widespread interest in the EigenLayer token launch, particularly given Sun’s influential status within the crypto space. The address linked to Sun, marked as “Justin Sun 4” (0x176…a132), notably ranked second in terms of deposit volume within EigenLayer.

About EIGEN Airdrop

The Eigen Foundation, by Eigen Labs, officially initiated the EIGEN token claims process on May 10, 2024. This inaugural phase, known as Season 1, offers approximately 113 million EIGEN tokens, representing 6.05% of the token’s initial supply. Moreover, interested participants can claim their tokens by visiting claims.eigenfoundation.org, with the claim window slated to remain open until September 7, 2024.

Conclusion

The EigenLayer airdrop marks a significant milestone for the project. Despite the excitement surrounding the distribution, the new tokens remain non-negotiable for an unspecified period. This delays their tradability. Meanwhile, rumors circulating within the community suggest that EIGEN’s fully diluted market cap could potentially reach an impressive $15 billion.

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Gideon Wolfhttps://en.coinotag.com/
GideonWolff is a 27-year-old technical analyst and journalist with extensive experience in the cryptocurrency industry. With a focus on technical analysis and news reporting, GideonWolff provides valuable insights on market trends and potential opportunities for both investors and those interested in the world of cryptocurrency.
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