Shardeum Airdrop Listing Date: What Will Be SHM Token Price on Launch?

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What Will Be SHM Token Price on Launch? – Crypto News

Published

4 months ago

April 3, 2025

Dripp

Shardeum, the popular Ethereum (ETH) Virtual Machine-based autoscaling network, is debiting its native token SHM with an airdrop to reward the community member. These events are part of the Shardeum mainnet launch this April with the awaited token listing, exciting investors for the potential SHM token price on launch and further performance.

Shardeum Airdrop & SHM Token Listing Details

Shardeum airdrop is among the most anticipated crypto airdrops of 2025. This is because the validators and community members have been long awaiting its mainnet launch. The mainnet will finally go live on April 15 behind the SHM airdrop on April 13.

Interestingly, the eligibility and allocation are already shared with the participants for the registration period between March 14 and 21. All the eligible candidates are supposed to receive the airdrop during the token generation event.

Besides, the airdrop is in two phases, and the second registration phase is currently live, running from March 22 to April 13. The participants of this phase will receive their tokens by June 13, 2025.

According to the official SHM eligibility announcement, 5,516,575 SHM (2.22% of the initial supply) are allocated for the airdrop. These will be distributed across 63,494 qualified wallets. With this news, the expectation for the SHM token price is rising.

SHM Token Listing & Price Anticipation at Launch

After the token generation event, the team will live the Shardeum airdrop this April 13. Due to high demand, experts anticipate a major crypto exchange listing, which will attract exciting investors. This is because top exchanges listing could influence the SHM token price significantly.

For now, it is uncertain what the Shardeum token’s price will be at launch. However, experts believe it could be around $0.50-$1.00 in the optimistic case, i.e., high investor demand and exchange listing.

However, if the Shardeum token fails, the price can be anywhere between $0.05 to $0.50. Notably, this will entirely depend on the SHM’s circulating supply, airdrop hype, tokenomics, crypto market performance, and other factors.

Final Thoughts: Is the Shardeum Airdrop Worth It?

Crypto airdrops offer eligible candidates free tokens, which can turn profitable once the price rises. More importantly, it provides staking and governance participation on the blockchain network, making the airdrops worth it.

However, the token’s performance depends on various factors, so smart handling is a must, especially as the token distribution often leads to price volatility. SHM airdrop is a milestone for the network and the community, whose worth can depend on the token’s further performance.