ZK-Rollup Taiko Airdrops Token and Reaches Full $2 Billion Valuation

2024-06-06

Bittime - Taiko a Layer 2 solution for improving Ethereum scalability, has launched their native token in the first phase of the token distribution plan.

The token debuted with a fully diluted valuation (FDV) of $2.1 billion and a market cap of $110 million.

What is Taiko?

Taiko is an innovative rollup that is here to overcome scalability problems on the Ethereum network.

This technology is able to move transactions and computing from the Ethereum mainnet to Layer 2, allowing users to enjoy faster and cheaper transactions.

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What are the advantages of Taiko?

Taiko's advantage lies in the use of zero-knowledge technology. This technology plays an important role in confirming transactions from Layer 2 to mainnet in a secure and efficient manner.

Ease of Integration from Taiko

For developers, Taiko offers easy integration. Thanks to its equivalent nature to Ethereum, no additional compilation, re-auditing, or new tools are required to interact with the Ethereum blockchain.

This certainly saves time and resources for developers who want to build decentralized applications (dApps) on the Ethereum platform.

Beginning of Taiko Launch

The launch of this token did not go smoothly. The price experienced a significant initial decline, plunging 40% to as low as $2.20.

Despite this, Taiko's token market capitalization ranks it 15th among Layer 2 networks, and its FDV ranks 7th.

Klaim Airdrop Taiko

Chance to Get Free $TKO Tokens

Taiko, a decentralized Layer 2 scaling protocol, has launched a $TKO token airdrop to reward its users for contributing to the development of the ecosystem. Eligible users include Taiko proposers, provers, bridgers, developers, Github contributors, and members of the Loopring DEX community.

How to Claim Taiko Airdrop

ETH to Taiko Bridge: To claim tokens, users must first bridge ETH to Taiko to cover gas fees.

Visit Claim Page: Visit Taiko's official claim page and connect your wallet.

Token Claim: If you qualify, you will be able to see the number of $TKO tokens allocated to you. Click "Claim" to receive the token.

Check Crypto Prices Today: Price USDT/IDR

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

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