EIGEN is the native token of the EigenLayer protocol running on the Ethereum network. EIGEN is designed to be a universal token used to secure a variety of digital tasks, both tasks that can be verified directly and those that can be agreed upon later.

The coin was launched on October 1, 2024, and began trading on platforms such as Binance and MEXC. Initially, the fully diluted market cap was around $6.51 billion, and the value of one token reached $4.26 at a later stage.

Will the value of the coin continue to rise? Cryptocurrency price predictions, including EIGEN, depend on several factors, such as technical developments, partnerships, user adoption of the coin, and general economic conditions. It is essential to follow news and updates related to the project, and analyze the market regularly. Cryptocurrencies are known for their high volatility, so it is advisable to be cautious and conduct thorough research before making investment decisions.