As CoinCu reported, this week there is an airdrop of MPLX token, which has been trading at $0.35 per token for the last two weeks, has dropped to $0.11 today. This over 60% loss occurred after the project announced the second airdrop of its token.
In September, the Metaplex Foundation hosted its inaugural airdrop, rewarding creators who utilized the project’s tools to debut their NFT collections on Solana. Some community members advocated for an expansion of the airdrop to reward collectors. This issue was put to a vote before the DAO, but those in favor couldn’t garner enough votes to form a quorum.
The Metaplex Foundation declared on Tuesday that, regardless of the failed vote, it will distribute 40 million MPLX tokens to collectors. Collectors who minted at least five NFTs using the first version of the Metaplex minting module were eligible for this second airdrop.
The second airdrop is already underway. According to data from the project’s website, 10.8 million MPLX tokens have been claimed over the two airdrops.
These coins grant holders governance powers, which means they may be used to vote on things inside the DAO.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dominate the crypto market, but experts warn that…
Discover the future as the Dogecoin price aims for a $0.7 comeback and discover why…
Willemstad, Curaçao, 4th November 2024, Chainwire
London, UK, 4th November 2024, Chainwire
November is the perfect time for BlockDAG's huge presale. Use BDAG100 to double your purchase.…
OpenSea new version is scheduled to launch in December, with an improved user experience, improved…
This website uses cookies.