Winslow Strong sells entire EIGEN holdings, sparking speculation about his motivations and potential impact on the project. Zircuit’s fairdrop rewards EIGEN holders, boosting community engagement and strengthening the ecosystem. According to Spot On Chain data, Winslow Strong, Director of the Qualia Research Institute, has sold all of his 704,902 EIGEN tokens, worth $2.23 million, via…
Leadership shifts in Eigen Layer adds uncertainty to EIGEN’s prospects. Ethereum researchers Justin Drake and Dankrad Feist recently announced they have stepped down from their advisory roles with Eigen Layer. This announcement followed a significant price drop in EIGEN, suggesting potential issues within the token’s performance. Eigen Layer has also faced recent leadership changes that…
October 22, 2024 at 03:45 AM GST updated: October 21, 2024 at 05:10 PM 2 mins read News High-volatility cryptocurrencies like OBSR and EIGEN are attracting speculative traders seeking short-term gains, despite (or because of) their extreme price instability. Several volatile tokens (SSTC, REEF) combine innovative technological solutions with high market risk, creating a trade-off…
Investors are being warned not to click on links posted by the official X account. EigenLayer X account is allegedly being used for targeting users with phishing links. After news broke that the EigenLayer project’s social media account had been hacked, the initiative once again attracted the interest of the community. Investors are being warned…
EIGEN, EigenLayer’s native token, spiked by 20% on Wednesday, crossing the $4 benchmark. It was the only top altcoin to be trading higher in a market marred by heavy selloffs. Bitcoin, still the most prominent cryptocurrency, failed to maintain its level and was at around $62,000. However, when it comes to digital assets under consideration,…
Binance is launching three new trading pairs – EIGEN/TRY, PEPE/FDUSD, and SUI/FDUSD for its spot and Trading Bot services today, October 11, 2024. Within the same period, Binance would delist four crypto pairs – APE/ETH, ATOM/BNB, BAL/BTC, and BNB/DAI. Binance has announced that it is expanding its list of trading choices with the introduction of…
A newly created address spent $3.013 million USDC to buy 791,000 EIGEN tokens, according to EmberCN monitoring earlier today. In this transaction, USDC was converted to ETH and then used to buy EIGEN on average at $3.80 per token. A notable investment into the EigenLayer ecosystem was spent on the tokens purchased, which were later…
After releasing its native token, EIGEN this week, Ethereum restaking protocol EigenLayer is facing criticism over its tokenomics structure. Usually, the weeks and months preceding the launch of a token are met with hype and anticipation. When the airdrop or launch finally happens, investors’ activities and expectations keep the token’s price high. EIGEN Token Sees…
On Monday, eigenlayer (EIGEN) made its debut on major exchanges, hitting a peak of $4.47 per token. However, by 1:30 p.m. EDT on Oct. 1, the price had dipped 12%, settling at $3.90 per coin. By 2 p.m. it was exchanging hands for $4.30 per unit. EIGEN Token Hits Crypto Market A new contender has…
Este artículo también está disponible en español. The long-anticipated trading of Eigenlayer’s EIGEN token began today, following the lifting of transfer restrictions that had been in place since the token’s launch in May. Major cryptocurrency exchanges including Binance, Kraken, Coinbase, ByBit, and OKX have listed EIGEN, providing liquidity to holders of the token, many of…
Eigen token transfer restrictions end on September 30, boosting market liquidity and trading flexibility. EigenLayer’s integration with major blockchain projects strengthens its role in enhancing security and data availability. In a tweet, the Eigen Foundation has announced a big shift for EIGEN token holders: transfer restrictions will be removed on September 30, 2024. This decision…