#LayeredgeAirdrop LayerEdge EDGEN Token Presale and Price Outlook
LayerEdge’s EDGEN token, the native utility token of a decentralized Layer 3 protocol enhancing Bitcoin’s scalability via zero-knowledge (zk) proofs and BitVM, launched its public presale round following a whitelist phase, culminating in its Token Generation Event (TGE) on June 2, 2025. The presale, hosted on the LayerEdge Foundation website, offered unsold tokens from the whitelist phase for 23 hours or until sold out, with all tokens fully unlocked at TGE and funds directed to on-chain liquidity pools.
Tokenomics Overview:
Total Supply: 1 billion EDGEN tokens.
Community Allocation: 46% (460 million tokens) for airdrops, node rewards, and events.
Initial Circulating Supply: Approximately 293–400 million tokens at TGE, per community estimates.
Purpose: EDGEN powers edgenOS for proof validation, staking, and smart contract execution on the EVM-compatible Edgen Chain, with bridges to Ethereum and Binance Smart Chain.
Listing Details:
Exchanges: EDGEN began trading on Binance (Alpha), MEXC, KuCoin, Gate.io, and HashKey Global on June 2, 2025, at 10:30 AM UTC, with pairs like EDGEN/USDT.
Pre-Market Activity: Pre-market trading on Unich Exchange (EDGEN/USDT and EDGEN/ETH pairs) showed early investor interest, setting the stage for the main listing.
Price Predictions Post-Binance Listing:
Initial Listing Price: Analysts estimate EDGEN debuted between $0.10–$0.50, with $0.30–$0.50 being a common range due to hype from Binance Alpha and strong community backing.
Short-Term (First 30 Days): If trading volume and staking uptake remain robust, prices could reach $0.70–$1.10, driven by airdrop momentum (240 million tokens) and exchange listings.
Long-Term (6–12 Months): With successful zk-verification adoption and dApp development, EDGEN might hit $1.50–$2.00, though airdrop sell-off pressure could introduce volatility.
Social Sentiment: X posts suggest optimism, with some predicting $0.50–$1 at launch and up to $2.50 at a $1 billion market cap, assuming 400 million circulating tokens.