Due to the dumping of

Optimism token drops by over 70% following airdrop; Details

Ethereum scaling project Optimism’s new OP token is down over 70% after launching via a community airdrop on Tuesday.According to data from CoinMa

Due to the dumping of these airdropped tokens, OP plummeted by nearly 73 percent over the last 24-hours. The asset was trading for a low of $1.27, at press time.

Optimism Network

Optimism Network, a layer-2 blockchain platform, is taking steps to broaden its adoption and increase its competitiveness in the market. The platform recently conducted a surprise token

Airdrop 5

Optimism's OP Token Plummets After Botched Airdrop

Sudden Optimism Airdrop Causes Drop in OP Token Value

OP Token Falls After Surprise Optimism Airdrop - CoinDesk

Optimism Token Plummets 65% Following Hyped

Optimism

Optimism (OP), the token powering Ethereum’s L2 scaling solution, lost almost 70% from its $4.57 listing price shortly after the highly anticipated airdrop. OP is trading

Transaction volumes on Optimism drop 70% following major spike

Optimism Token Drops By 70% After Airdrop - cryptonews.net

The surge in on

The airdrop allocated 10,368,678 OP to 54,723 unique addresses. Read on for more detail about eligibility criteria and allocations.

The surge in on-chain activity during the Quest was reportedly associated with speculation of a second airdrop by the Optimism team. In April 2025, Optimism

Optimism Network conducted a surprise token airdrop Thursday, sending 11.7 million governance tokens to more than 300,000 wallets, according to a blog post by the layer