Blast Token Surges 40% Post-Launch, Outshines Recent Airdrops Amid Criticism and Scams

The much-anticipated native token of the Ethereum layer-2 network, Blast (BLAST), saw a 40% surge following its launch, outperforming other recent high-profile airdrops. BLAST started at $0.02 per token, giving it a fully diluted value (FDV) of $2 billion at launch, based on data from Ambient Finance and Aevo, a perps trading platform. Since its debut, BLAST’s price has risen over 40% to $0.0281, according to CoinMarketCap. This performance contrasts with other recent token launches, such as Ethereum layer-2 network zkSync (ZK) and cross-chain interoperability LayerZero (ZRO), which have dropped 46% and 43% from their launch prices, respectively. The BLAST