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Optimism Airdrop $16M: Will Latest OP Crypto Unlock Dent OP Price?

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The fifth-ever Optimism airdrop kicked off this week in a massive token unlock for OP crypto, but will it dent OP Price?

The fifth-ever Optimism op-optimism icon op-optimism icon Price Trading volume in 24h Last 7d price movement airdrop kicked off this week, distributing 10.3 million OP tokens valued at $16 million, but will it dent OP crypto price?

This move is designed to ramp up user engagement in the Superchain’s blockchain alliance. Here’s how you can qualify.

The Criteria for Participation in Optimism Airdrop

To snag this airdrop, users had to engage with 20 or more contracts on the Superchain between March 15 and September 15, 2024.

It’s a nod to the network’s most fervent contributors, the ones fueling its expansion.

Bonus eligibility meant users had to delegate OP or dive into multiple Superchain chains. These steps by Optimism are designed to strengthen user ties and encourage more active participation.

The Role of the Superchain Ecosystem In Optimism Layer-2

Optimism’s Superchain ecosystem, with its web of blockchains like OP Mainnet and Zora, is key to ensuring fluid transactions across platforms and boosting OP token value.

Rewarding ecosystem activity not only amps up token use but also fortifies the network’s interconnectedness, fueling innovation.

Since May 2022, Optimism’s airdrop strategy has injected life into its community. Over 265 million OP tokens have been distributed, with the third airdrop in September 2023 alone doling out 19.4 million tokens, valued at $26 million, to nearly 32,000 addresses.

With 550 million OP tokens still to be distributed, Optimism shows no signs of slowing down in its mission to boost user engagement.

OP Crypto is Great: But This New Layer-2 Will Make Millionaires

(Pepe Unchained PEPU)

As Optimism looks to the future, Pepe Unchained (PEPU) is in the spotlight, and it’s easy to see why as this new Layer-2 project has amassed over $18.5 million in its presale, which is set to end shortly.

PEPU isn’t just another meme coin, it boasts a smart contract speed 100 times faster than Ethereum, with dirt-cheap transaction costs.

Of its 8 billion tokens, 20% go to early investors, 30% pump up staking rewards with insane 4,800% yields, and 20% is channeled into marketing.

Pepe Unchained aims to be the first of its kind and break new ground in the meme sector.

Get PEPU Before The Bull Run Now

EXPLORE: Best Things to Invest in Right Now! And Three New Ways to Buy Bitcoin

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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital. 99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

Isaiah McCall is an ultramarathon runner and journalist for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter

View all Posts by Isaiah Mccall

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