Token Events

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SLX airdrop sell-pressure repeats, TGE day-one drops more than 40%

Solstice’s SLX token was listed on the Binance Alpha platform on May 25, with a fully diluted valuation of about $230 million; however, due to concentrated sell-offs by airdrop recipients, SLX fell by about 30% from the intraday high within a few minutes of listing, and when CoinGecko issued a warning, the decline had already exceeded 40%. OneSafe research shows that about 64% of airdrop recipients sold the tokens immediately after distribution. TGE Timeline and Price Data: Confirming the Number
SLX-4.54%
LINEA-2.26%
JUP0.5%
MarketWhisper·05-26 03:43
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