More than 29,000 wallets took part in the airdrop from the AltLayer platform, which started on January 25 at 9:00 UTC 12:00 Moscow time. Received at the address of one of the users 1.29 million ALT for the amount of $408,000, drew the attention of Arkham Intelligence.
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Altlayer's airdrop went live this morning at 9:00 UTC.
Over 28,000 wallets have claimed it so far, with 300M ALT worth almost $100M allocated to the airdrop.
Here are some of the biggest winners: pic.twitter.com/mXpPwveLjG
— Arkham (@ArkhamIntel) January 25, 2024
The second largest stamp was 1.19 million ALT ($367,000). Previously, this user only spent 5.5 ETH to purchase AltLayer OG NFT badges.
Both addresses showed similar activity on the network – they bought the NFT of the project in August 2022 and remained inactive until the distribution. After receiving the tokens, they began to transfer them to new addresses.
The third largest receipt is 898,800 ALT ($262,900). The coins were sent to five new addresses.
The user with the fourth-largest hallmark—about 650,000 ALT ($194,800)—purchased the project's NFT in mid-2023. He previously participated in the NFT airdrop Oh Ottie!
The total size of the airdrop is 300 million ALT tokens ($93 million) or 3% of the total issue.
Rewards are received by holders of the NFT project, as well as qualified EigenLayer restakers and Celestia stakers.
Starting today, trading of the ALT token has started on centralized exchanges, in particular Binance.
#Binance lists @alt_layer $ALT!
Trading is now live ➡️ https://t.co/dnv1O6EX8C pic.twitter.com/wswq5TUBAB
— Binance (@binance) January 25, 2024
Within the first four hours after the launch, the total volume of transactions with the coin exceeded $300 million, according to CoinGecko. At the time of writing, the ALT price is $0.31.
Source: Cryptocurrency
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