AltLayer has already gone live with its $100 million token airdrop to early users, while two other protocols are planning even bigger drops in the coming days.
Ethereum scaling solution AltLayer has become the first of at least three protocols to go live with over $100 million in token airdrops over the coming week.
The ALT token and the claiming process went live at 9 am UTC on Jan. 25. With an allocation of 300 million tokens to the initial airdrop and an average daily price of $0.32, the total airdrop comes to around $96 million at current prices.
Crypto users hunting for airdrops on X should remain highly cautious, as the platform is currently overrun with scam accounts posing as the official social media pages of crypto firms that have recently announced airdrops. These pages upload near-identical posts pretending to “airdrop claims” websites, typically wallet drainers.
