📉💸 Ether.fi's jaw-dropping $210 million airdrop sparked market mayhem, sending the value of ETHFI plummeting by a staggering 35%! 😱
ETHFI, the governance gem of the decentralized liquidity staking realm, made its debut at $4.13 post-airdrop frenzy on March 18. Yet, since the mammoth airdrop, ETHFI's value took a nosedive, currently treading water at $3.05, as per CoinGecko. 📉💸
With approximately 28% of the total ETHFI supply of 16.8 million tokens already claimed, it's evident that the airdrop magnetized a swarm of 20,000 eager participants! 🚀💼 However, one wallet reigns supreme, clutching 1.67% of the entire issuance and likely snagging between 10,000 to 25,000 ETHFI tokens, showcasing its colossal holdings. 💼💰
Market expert Tom Wan sheds light on the ETHFI saga, underlining the community's fervent appetite for token distribution. 🌟 Will this turbulence subside, or are we in for more rollercoaster rides in the realm of decentralized finance? Only time will tell! ⏳
