Get ready!!! This is the EIGEN Coin Prospect after listing: Restaking Technology and Bullrun Opportunities 2024
The EIGEN coin from the EigenLayer protocol was officially listed on several major exchanges, including Binance and Coinbase, on October 1, 2024. At the time of its debut, EIGEN was priced at around $3.90 with a fully diluted value of $6.51 billion, and immediately rose to $4.26, reflecting an increase of more than 13%. The coin has a total supply of 1.67 billion tokens, with 86 million tokens being distributed via airdrop to users who have interacted with the EigenLayer platform before.
EigenLayer itself is an Ethereum-based restaking protocol that allows users to deposit Ether (ETH) to secure multiple networks at once, offering additional yield opportunities. With an innovative concept called "Universal Intersubjective Work Token," EIGEN is designed to address issues such as universities and compensation through social consensus and forking mechanisms.
The listing has raised optimism in the market, although the token has also been warned of high volatility, especially given its status as a new asset. EIGEN's trading volume and price movements in the coming days will be important indicators of further market interest.
Also Read: Crazy!!! This person got an EIGEN Airdrop worth 253,946 EIGEN or 1.06M, Who is he??
The prospects for EIGEN coins from EigenLayer in the upcoming bullrun season are quite promising, but still accompanied by several factors that need to be considered Unique Technology: EIGEN is operated by the Ethereum-based EigenLayer restaking protocol. The restaking concept allows users to use staked ETH to secure multiple networks at once, which can provide additional returns. In a bull run, when interest in DeFi and yield farming increases, demand for protocols like EigenLayer
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