Current Blast Token Price Post Airdrop Launch
2024-06-27Bittime - The launch of the BLAST token marks a watershed moment for the Blast Layer-2 ecosystem.
Along with the successful launch of the airdrop, the price of BLAST tokens experienced a significant spike, attracting the attention of investors and traders around the world.
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Current Blast Token Price
Blast (BLAST), experienced a 40% price jump after its launch. This achievement exceeds the performance of other well-known airdrops circulating on the market in recent weeks.
Token Blast was initially priced at $0.02 per token, with a fully diluted value (FDV) of $2 billion at launch. This figure is based on aggregate data from Ambient Finance and perps trading platform Aevo.
As of press time, BLAST price has risen a little over 40%, reaching $0.0241 at the time of publication. This data was obtained from CoinMarketCap.
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Impact of Airdrop Blast Launch
Blast Network launched a massive airdrop program and distributed 17% of the total supply of BLAST tokens to users.
7%
Tokens are allocated to users who have bridged Ether (ETH) or US Dollar Blast (USDB) to the Blast network since late last year.
7%
Other tokens are awarded to users who actively contribute to the development and success of decentralized applications (DApps) on the Blast network.
3%
The remaining tokens were allocated to the Blur Foundation to fund future airdrops for its community.
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Conclusion
This airdrop is a strategic step for Blast to increase user adoption and participation in its network. Providing tokens to early users and contributors of DApps is expected to encourage more rapid growth and development of the Blast ecosystem.
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