Binance has announced the launch of LayerEdge, where users can trade the EDGEN token starting June 2, 2025.
Launch of LayerEdge and Airdrop Details
Binance confirmed the launch details of LayerEdge and the airdrop on its official platform. Trading of the EDGEN token will commence on June 2, 2025, at 18:30. Users with at least 223 Alpha points can claim 1,111 EDGEN tokens, redeeming 15 Alpha points per claim. This event highlights Binance's commitment to integrating innovative crypto assets.
Initial Volatility of EDGEN
The LayerEdge (EDGEN) token will debut at an initial price of approximately $0.71, facing limited liquidity in early trading. Current reports indicate the price of EDGEN is $0.02, with a 24-hour trading volume of $20,112,799. There has been significant volatility, with the price dropping by 57.12% across various timeframes.
Outlook and Forecasts
The Coincu research team notes that the integration of LayerEdge's zk-technology offers scalable Web3 solutions, enhancing decentralized systems. User optimism regarding large-scale adoption could significantly influence the technology's trajectory within evolving regulatory environments.
The launch of LayerEdge and the EDGEN token on Binance is anticipated as a critical step forward in the crypto industry, with further evaluations expected to clarify market expectations following the trading start.
