- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Solana Mobile Wallet Valuation, Tomorrow's TGE Outlook
BlockBeats News, January 20th, Solana Mobile will officially open the SKR token airdrop claim on January 21st at 10:00 (UTC+8). According to community feedback, users who receive the airdrop on their phones without interacting will receive a minimum tier of 5000 tokens, while users who interact just once will receive a tier of 10,000 tokens. Higher-tier airdrops will require frequent interaction with the built-in DApp. The 5 tiers of token airdrops are 5000, 10,000, 40,000, 125,000, and up to 750,000 tokens. This airdrop will distribute nearly 2 billion SKR tokens to the community, with approximately 1.82 billion SKR allocated to 100,908 users and 141 million SKR allocated to 188 developers.
According to pre-market data from Whales Market, the current pre-market trading price of SKR is $0.0165, with a 7.5% decrease in the last 24 hours, corresponding to a fully diluted valuation of $165 million. There are mixed opinions in the crypto community regarding the final valuation of SKR after its listing, but the general optimistic expectation is for the price to be between $0.02 and $0.04, higher than the current pre-market price. Some community viewpoints are as follows:
Cryptocurrency analyst 7de9 stated that the pre-market pricing by Whales Market is completely wrong, and the $165 million FDV is simply a joke. He estimates the minimum valuation to be between $400 million and $600 million. SKR is not just a reward mechanism but also plays a governance and participation role across the entire Solana Mobile platform.
Marino, a veteran investor in the Solana ecosystem, holds a more neutral view, suggesting that the price at the time of TGE should be around $0.02, striking a balance between market speculation and avoiding significant sell pressure. A lower FDV is conducive to organic growth, and SKR will ultimately be positioned as the "secondary token of Solana."
Renowned DeFi researcher InfoSpace OG expressed some disappointment, noting that the average distribution of SKR in the airdrop is between 10,000 and 18,000 tokens, translating to a value of $130 to $230 based on the pre-market price. Let's not forget that users spent $450 to $600 to purchase the phone during the sale. To be honest, the price seems a bit low.
You may also like
How WEEX and LALIGA Redefine Elite Performance
WEEX x LALIGA partnership: Where trading discipline meets football excellence. Discover how WEEX, official regional partner in Hong Kong & Taiwan, brings crypto and sports fans together through shared values of strategy, control, and long-term performance.
Best Crypto to Buy Now February 10 – XRP, Solana, Dogecoin
Key Takeaways XRP is set to revolutionize cross-border transactions, potentially reaching $5 by the end of Q2 with…
Kyle Samani Criticizes Hyperliquid in Explosive Post-Departure Market Commentary
Key Takeaways: Kyle Samani, former co-founder of Multicoin Capital, publicly criticizes Hyperliquid, labeling it a systemic risk. Samani’s…
Leading AI Claude Forecasts the Price of XRP, Cardano, and Ethereum by the End of 2026
Key Takeaways: XRP’s value is projected to reach $8 by 2026 due to major institutional adoption. Cardano (ADA)…
Bitcoin Price Prediction: Alarming New Research Cautions Millions in BTC at Risk of ‘Quantum Freeze’ – Are You Ready?
Key Takeaways Quantum Threat to Bitcoin: The rise of quantum computing presents a unique security challenge to Bitcoin,…
XRP Price Prediction: Could XRP Ultimately Surpass Bitcoin and Ethereum?
Key Takeaways XRP has maintained a strong position despite a recent 12% drop, suggesting potential for growth. Analyst…
Best Crypto to Buy Now February 6 – XRP, Solana, Bitcoin
Key Takeaways The cryptocurrency market is experiencing pressure due to a technology-sector selloff, affecting digital assets like Bitcoin.…
South Korea Broadens Crypto Market Investigation Following Bithumb’s $44 Billion Bitcoin Error
Key Takeaways South Korea intensifies scrutiny on cryptocurrency exchange operations after Bithumb’s significant Bitcoin transaction error. Regulatory bodies,…
Tom Lee-Supported Bitmine Dominates 3.6% of Ethereum Supply Post-Price Crash
Key Takeaways Bitmine Immersion Technologies now controls 3.6% of Ethereum’s total supply after strategic purchases during market downturns.…
XRP Yearly Returns Hit Record Low Since 2023
Key Takeaways XRP’s yearly returns are at their lowest since 2023, as the crypto market grapples with a…
BTC Traders Eye $50K as Potential Bottom: Key Metrics to Monitor This Week
Key Takeaways Traders are closely monitoring the potential bottom for Bitcoin at $50,000 as recent price movements suggest…
Fraudulent ‘XRP’ Issued Token Sparks Confusion on the XRP Ledger
Key Takeaways An imposter XRP token is causing bewilderment within the XRP community by being superficially identical to…
XRP Yearly Returns Reach Their Lowest Point Since 2023
Key Takeaways XRP’s weakest annual performance since 2023 highlights the ongoing struggles within the cryptocurrency market. Market dynamics…
Cardano ‘Midnight Fixes Everything’: Charles Hoskinson
Key Takeaways Cardano’s Midnight sidechain, launched in December 2025, is championed by Charles Hoskinson as a solution to…
SHIB Army Burns 3,564,772 SHIB, While Half Quadrillion Coins Remain in Circulation
Key Takeaways The Shiba Inu community has collectively burned nearly 3.5 million SHIB tokens recently, yet a substantial…
XRP Ledger Network Activity Decreases by 80% as Institutional Participation Wanes
Key Takeaways: Recent metrics indicate an 80% decline in XRP Ledger network activity, correlating with diminished institutional involvement.…
Michael Saylor Insists “We Will Not Be Selling” As Strategy (MSTR) Stock Breaks Out
Key Takeaways Strategy, formerly MicroStrategy, remains highly sensitive to Bitcoin’s volatile market, with its stock performance closely mirroring…
Brad Garlinghouse Adds Personal Touch to XRP Community Day with Exclusive Merch
Key Takeaways Brad Garlinghouse, CEO of Ripple, has personally signed exclusive merchandise for XRP Community Day, adding excitement…
How WEEX and LALIGA Redefine Elite Performance
WEEX x LALIGA partnership: Where trading discipline meets football excellence. Discover how WEEX, official regional partner in Hong Kong & Taiwan, brings crypto and sports fans together through shared values of strategy, control, and long-term performance.
Best Crypto to Buy Now February 10 – XRP, Solana, Dogecoin
Key Takeaways XRP is set to revolutionize cross-border transactions, potentially reaching $5 by the end of Q2 with…
Kyle Samani Criticizes Hyperliquid in Explosive Post-Departure Market Commentary
Key Takeaways: Kyle Samani, former co-founder of Multicoin Capital, publicly criticizes Hyperliquid, labeling it a systemic risk. Samani’s…
Leading AI Claude Forecasts the Price of XRP, Cardano, and Ethereum by the End of 2026
Key Takeaways: XRP’s value is projected to reach $8 by 2026 due to major institutional adoption. Cardano (ADA)…
Bitcoin Price Prediction: Alarming New Research Cautions Millions in BTC at Risk of ‘Quantum Freeze’ – Are You Ready?
Key Takeaways Quantum Threat to Bitcoin: The rise of quantum computing presents a unique security challenge to Bitcoin,…
XRP Price Prediction: Could XRP Ultimately Surpass Bitcoin and Ethereum?
Key Takeaways XRP has maintained a strong position despite a recent 12% drop, suggesting potential for growth. Analyst…
App