Crypto Influencers Lured by $350K Airdrop to Launch Solana Meme Coins

Summary

Crypto influencers on X can claim significant airdrops of BOOP tokens from Boop.fun, a new token launchpad on Solana, by launching their own tokens. The platform's launch has sparked ethical debates among users regarding the morality of profiting while others may incur losses. Influencers are tiered based on their engagement and follower count, with select users eligible for the airdrop after launching a token, which must meet specific market cap criteria to reduce the waiting period for claiming. Users have reported issues with token claims and migrations due to high demand. Boop.fun aims to stand out by offering daily rewards and a share of trading fees to BOOP stakers. Currently, BOOP has a market cap of $231 million and trading volume of nearly $50 million, with the highest-tier airdrop value fluctuating significantly.