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EtherFi, Renzo, and AltLayer Airdrop's $5 million Token has sold about one-third.
According to Golden Finance, Lookonchain monitoring has reported that EtherFi, Renzo, and AltLayer previously airdropped tokens worth approximately 5 million dollars to EigenLabs employees. EtherFi airdropped 10,491 ETHFI to 44 addresses, totaling 461,600 ETHFI (peaking at $3.69 million), with 31.2% of the ETHFI sold. AltLayer airdropped 46,512 ALT to 37 addresses, totaling 1.72 million ALT (peaking at 1.16 million USD), of which 32.4% of the ALT has been sold. Renzo airdropped 66,667 REZ to 27 addresses, totaling 1.8 million REZ (peaking at 500,000 USD), of which 33.6% of the REZ has been sold.
Price was rejected from the resistance area and is now finding support at the trendline. There may be a move towards the resistance area again. Consider opening a long position with a tight stop loss.
Support Area: $0.0425-$0.043
Resistance Area: $0.053-$0.055