You are currently viewing EigenLayer’s Token Launch Draws Scrutiny Over Supply Concerns
EigenLayer his been hit by criticism after it was revealed that staking rewards received by early investors are not restricted by token lock-ups. The situation echoes Celestia’s token launch, which was followed by a 75% plunge as investors could sell staking rewards. The EIGEN token initially rose to $4.39 and has since slumped by more than 20% to $3.57. North Korea Is Infiltrating the Crypto Industry; Diddy Hires Sam Bankman-Fried’s Appeal Lawyer Bitcoin Whales Are Piling In: Is “Uptober” Set for a Bullish Rally? Bitcoin $100K Call Option Draws Nearly $1B Open Interest on Deribit

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