The Pudgy Penguins NFT project has launched its native token, PENGU, on the Solana blockchain to expand its ecosystem. The token distribution comprised an airdrop for the eligible NFT holders. However, the token launch also spotted adverse trading, highlighting the risks of participating in early liquidity pools. The incident can
Sonic network, a fast-growing Solana Virtual Machine (SVM) focused on onboarding billions of web3 users through the gaming and DeFi space, has announced new details for its upcoming token airdrop. As the Sonic Network team prepares for the token generation event in the first quarter of 2025, a portion of
Ahead of the anticipated altcoin rally, notable altcoins are fluctuating with both dumps and pumps. In addition, one of the expected airdrops is Magic Eden (ME), a leading cross-chain NFT marketplace. The ME token’s airdrop worth around $700 million, officially went live on December 10. Post-launch, the token’s price has
Streamflow is excited to announce the launch of the STREAM token, marking a transformative milestone in its mission to decentralize and empower the crypto ecosystem. This launch represents a significant step toward community-driven governance, long-term growth, and aligned incentives for all stakeholders. Over the past three years, Streamflow has established
Binance has confirmed its involvement in the upcoming Wise Monkey (MONKY) airdrop, which will distribute rewards to holders of FLOKI and ApeCoin (APE) tokens. This announcement comes as part of a broader trend of increased collaboration between major cryptocurrency exchanges and token ecosystems. It reflects the ongoing interest in incentivizing
Planetarium Labs, a community-focused web3 gaming company with different product offerings, has announced a major milestone for the Immortal Rising 2 users. Ahead of major events in the coming months, the Immortal Rising 2 gamers now stand a chance to unlock exclusive rewards in an upcoming campaign. During this year’s
Hamster Kombat, the largest tap-and-earn game on Telegram, is making its community very excited as it completes its first season of offering in-game rewards. As expected, this end of the season is significant as it is just before the long-awaited aforementioned launch and airdrop of HMSTR token on September 26,
On September 19, PeckShield, a blockchain security firm, reported that the official Decentraland X account had been hacked. Attackers are now circulating a phishing link disguised as a MANA token airdrop. This deceptive link redirects users to a fraudulent website, where they are prompted to connect their wallets to claim
LayerZero, a leading cross-chain protocol, recently made headlines with its successful airdrop of the native ZRO token. Unlike Starknet and ZKsync, LayerZero’s airdrop stood out for its strong anti-bot measures and focus on rewarding real users. Recently at the Korea Blockchain Week, LayerZero’s CEO, Bryan Pellegrino, explained that their airdrop
Scroll, an Ethereum Layer 2 scaling solution utilizing zero-knowledge rollups (ZK-rollups), made headlines with its upcoming token and airdrop launch. As of July 2024, Scroll completed a significant upgrade to its mainnet called the Curie upgrade. It raised $50M in the last round of funding with a $1.8B valuation. It
