EigenLayer, a decentralized finance (DeFi) project, has launched its native token, EIGEN, with its price rising by almost 15% to a peak of $4.53. Binance and Coinbase have announced consecutive listings for EIGEN, but Tron founder Justin Sun, one of the largest token holders, has started selling the EIGEN tokens received in airdrops. Sun moved 5.37 million EIGEN tokens, causing concerns about a potential collapse in the token's price. Sun received over $38.74 million worth of EIGEN in airdrops on his way to Ethereum ReStaking. Currently, EIGEN is valued at around $4 in over-the-counter markets and is set to be listed on major exchanges on October 1. Sun could make over $22.19 million in profit if he sells at the current market price.



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