SOPH token drops 24.97% after $900M airdrop, despite strong TVL growth - BTC Ethereum Crypto Currency Blog
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SOPH token drops 24.97% after $900M airdrop, despite strong TVL growth - BTC Ethereum Crypto Currency Blog
Binance applied a “seed tag” and launched futures trading with up to 75x leverage. On-chain TVL reached $20.28 million with DEX volume peaking at $47.44 million. A further 20% supply unlock is scheduled to begin in three months. Sophon’s utility token, SOPH, fell by 24.97% within 24 hours of its market debut on Binance and several other exchanges, shedding over $80 million from its market capitalisation. The steep decline followed a large-scale …
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