"BLAST off!๐ Ethereum's layer-2 network token, Blast (BLAST), is making a grand entrance with a 40% surge post-launch, outshining other recent airdrops. Starting at $0.02, it's now worth $0.0281. That's a $2 billion fully diluted value at launch, folks!๐ฐ
But not everyone's thrilled. Some critics felt the launch valuation was lower than expected. DeFiance Capital's co-founder even anticipated a $5 billion value. Well, you can't please everyone, right?๐
The airdrop released 17% of its total supply, with users who bridged Ether or USD on Blast (USDB) to the network getting a 7% slice. Another 7% went to those who contributed to the network's DApps, and the remaining 3% is for future community airdrops.
But beware of the dark side of airdrops! Scammers are lurking, with one user reportedly losing over $217,000 to a Blast airdrop scam. Stay safe, crypto enthusiasts!๐
What are your thoughts on BLAST's performance? Expected or surprising? Let's chat in the comments!๐ #DeFi #Web3 #CryptoNews"