SKR officially opens airdrop claim, significant market expectation differences after pre-market plunge

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【Blockchain Rhythm】The Solana ecosystem project announced today that the SKR token will officially start airdrop distribution at 10:00 AM(UTC+8) today. However, market reactions have been somewhat lukewarm—the token’s pre-market trading price has plummeted over 53.4% in the past 24 hours, currently quoted at only $0.00769, corresponding to a fully diluted market cap of less than $76.9 million.

Compared to yesterday’s pre-market price, which was still $0.0165, the decline is quite significant. Behind this sharp volatility lies a huge divergence in market opinions on SKR’s true valuation.

Interestingly, in community discussions, crypto enthusiasts generally remain optimistic about SKR’s performance after launch. Most expect the token price to range between $0.02 and $0.04, leaving considerable room for growth compared to the current pre-market price. However, this optimistic outlook starkly contrasts with the current market reality—the question of whether the community is overly optimistic or if the market is accumulating on dips may gradually be answered during the upcoming airdrop.

SKR333.14%
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LayerHoppervip
· 2h ago
It's the same old trick again, a sharp drop the day before the airdrop, then the community's optimistic expectations... I just want to ask, who would still dare to buy in at such times?
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GateUser-a180694bvip
· 2h ago
Still daring to airdrop after dropping 53%? Is this just to fleece the retail investors? The community is hyping 0.02-0.04, but I remain skeptical.
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SmartContractWorkervip
· 2h ago
Ha, it's the same old trick again. The community hype pushed it to 0.04, but it dropped by half before the market even opened. Wait, is this drop... real, or is it just a rebound coming? From 0.02 to 0.04? I don't believe you, just look at the pre-market now. The main issue is that this timing is a bit off; opening at 10 o'clock to claim rewards is a bit rushed. The community bunch is starting to speculate again, as always. Feels like dumping before airdrops is an old routine. Actually, this drop might present some opportunity? But I’m here to work, no money to buy the dip. Where’s the promised Solana ecosystem star project? It’s not looking good now. 0.00769, really can’t sell it, the liquidity is so poor.
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EthSandwichHerovip
· 3h ago
53% directly invested, and the community is still hyping 0.02-0.04, it cracks me up haha
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GhostAddressMinervip
· 3h ago
53.4% decline? Haha, it seems some big players already knew about today's "surprise" airdrop in advance... On-chain footprints say everything. What’s the status of those original addresses at 0.0165 now? --- Community says 0.02 to 0.04? I want to see the flow of these people's wallet addresses... So daring to be optimistic, either they are bagholders or just project team’s disguises. --- Yesterday at 0.0165, today at 0.00769, let's track who is dumping and who is accumulating in the past half day. --- Suspicious fund transfer patterns are too obvious. The abnormal trading behavior of early holders within 24 hours can't be hidden at all. --- "Most voices expect"—this is ridiculous. On-chain data speaks for itself. What kind of addresses are calling the shots? I’ve already taken note. --- I've seen this pattern of plummeting before the airdrop starts... Let’s wait and see who absorbs at the bottom—that’s the smart money. --- Market cap of 76.9 million with this decline? The project team is definitely hoarding in some hidden address. They’ll dump sooner or later. --- Interesting, community optimism vs. market reality—this always creates such a divide... I only care about large withdrawal records.
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