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$EIGEN Faces Criticism Over Token Launch đ¶âđ«ïž
EigenLayer's token launch hasn't been without its challenges.đđ»
The token has seen a significant drop in price since going live, and there's been criticism over the lack of restrictions on staking rewards for early investors. đ€đĄ
This situation reminds some people of what happened with Celestia ($TIA ) 's token launch. đ©
It's a tough situation for EigenLayer, đŹ but it will be interesting to see how they address these concerns and whether they can regain investor confidence.
What do you think about the EigenLayer token launch? Let's discuss! DYOR! #EigenLayer #controversy #EIGENonBinance
Source: CoinDesk
EigenLayer's token launch hasn't been without its challenges.đđ»
The token has seen a significant drop in price since going live, and there's been criticism over the lack of restrictions on staking rewards for early investors. đ€đĄ
This situation reminds some people of what happened with Celestia ($TIA ) 's token launch. đ©
It's a tough situation for EigenLayer, đŹ but it will be interesting to see how they address these concerns and whether they can regain investor confidence.
What do you think about the EigenLayer token launch? Let's discuss! DYOR! #EigenLayer #controversy #EIGENonBinance
Source: CoinDesk
LIVESilentrocket
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Is It Too Late to Jump on the $EIGEN Train? đ #EigenLayer is finally on #Binance ! But is it too late to buy in? đ€
Let's take a look at the numbers: đ»đ
â¶ïž TVL is dropping: The total value locked in EigenLayer has decreased from its peak of $20 billion.
â¶ïž Competition is heating up: Projects like #Symbiotic , #Solayer , and Karak are also in the restaking game. âïžâïž
â¶ïž EIGEN's price is questionable: The token is trading at $4.12!! It used to be traded (pre-market) as high as $12 each! But this might be a great chance to get it while discounted. đ
So, should you buy #EIGEN ? The hype around restaking seems to be slowing down, and there are plenty of competitors. đ€·
What do you think? Let us know in the comments! đDYOR!
Let's take a look at the numbers: đ»đ
â¶ïž TVL is dropping: The total value locked in EigenLayer has decreased from its peak of $20 billion.
â¶ïž Competition is heating up: Projects like #Symbiotic , #Solayer , and Karak are also in the restaking game. âïžâïž
â¶ïž EIGEN's price is questionable: The token is trading at $4.12!! It used to be traded (pre-market) as high as $12 each! But this might be a great chance to get it while discounted. đ
So, should you buy #EIGEN ? The hype around restaking seems to be slowing down, and there are plenty of competitors. đ€·
What do you think? Let us know in the comments! đDYOR!
World Liberty Financialâs $537M Token Sale Sparks Controversy đš
World Liberty Financial (#WLF ), an upcoming DeFi project tied to members of the Trump family, plans to raise $537 million by selling 30% of its WLFI tokens at a $1.8 billion valuation. Though Donald Trump and his family are not involved in the platformâs operations, they may still receive significant compensation. This could help Trump with his $454 million debt from a New York lawsuit.
The token sale has sparked #controversy due to the 70% allocation to insiders and WLF's connections to #Dough Finance, a DeFi protocol previously hacked. Despite reassurances about security, critics, including Nic Carter, fear it could lead to legal issues for Trump. Test contracts found by Dumpster DAO suggest the tokens may not initially be tradable, raising further regulatory questions.
If you enjoy my content, feel free to tip me â€ïž
#Binance
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World Liberty Financial (#WLF ), an upcoming DeFi project tied to members of the Trump family, plans to raise $537 million by selling 30% of its WLFI tokens at a $1.8 billion valuation. Though Donald Trump and his family are not involved in the platformâs operations, they may still receive significant compensation. This could help Trump with his $454 million debt from a New York lawsuit.
The token sale has sparked #controversy due to the 70% allocation to insiders and WLF's connections to #Dough Finance, a DeFi protocol previously hacked. Despite reassurances about security, critics, including Nic Carter, fear it could lead to legal issues for Trump. Test contracts found by Dumpster DAO suggest the tokens may not initially be tradable, raising further regulatory questions.
If you enjoy my content, feel free to tip me â€ïž
#Binance
#crypto2024
