Ethereum Layer-2 Network Blast Announces Airdrop in June
Ethereum layer-2 network Blast announced that the airdrop is scheduled for June. Blast observed that though the airdrop is delayed, it will hand out more Ethereum tokens.
Blast involves a layer-2 scaling network running on Ethereum, which was developed by the founder of the NFT marketplace Blur. The L2 confirmed June 26 as the date for the BLAST token airdrop.
The platform admitted the delay from the initial estimate of the May date via its official network account on X post. The network promised to increase the airdrop allocation as compensation to account for the delay.
The blast illustrated that the network plans to hold two additional distributions of the Blast Gold points before the token unveiling. Blast Gold is similar to the airdrop points, though it targets decentralized apps (dApps) creators involved in building on the l2 network.
Blast Reveals Distribution of Token Airdrop
Multiple dApps have previously distributed the awarded gold to the user community. Such is evident in Fantasy Top, which emerged as a viral NFT game inspired by Crypto Twitter influencers.
Blast plans to allot 50% of the token airdrop to developers via Blast Gold.
The remaining half will benefit the early users, including parties that bridged funds to the L2 network before Blast mainnet went live in February. The would-be beneficiaries bridged crypto valued over $2.3 billion in anticipation of points tied to the upcoming airdrop.
The growing interest in Blast extends beyond the typical quest for yield among crypto traders. In particular, Blast is aggressively developed around user incentives similar to Blur that turned successful for the users.
The NFT marketplace distributed tokens valued at $818 million last year. The distribution catapulted Blur above its rivals to rank second as a valuable airdrop in 2023.
Blast saw a projectile momentum realized by the early applications, tokens, and games. In particular, Fantasy Top emerged as a leading product that realized dominance in the Crypto Twitter conversations while fueling NFT trading volume.
PacMoon (PAC) Rallies to Outperform Global Crypto Market
Meanwhile, the PacMoon meme coin gained uptrend momentum fueled by the content creation incentives. PacMoon has sustained gains, realizing an all-time high price of $0.2199 on May 09, per CoinGecko.
PacMoon (PAC) has realized a 12.3% rally in the last 24 hours to exchange hands at $0.1854, as per CoinGecko. A review of the seven-day run shows that PAC stands out in the Blast ecosystem cryptos at 2.50%, which outperforms the global crypto market by 1.80%.
While PAC is exchanging hands 15.79% below the all-time high price, the present rally saw the Blast-based crypto realize $$86.3 million. PAC has been 187.8% up in the past two weeks, with the daily trading volume increasing by 2% to $3.169 million, indicative of the rise in market activity.
