Solana (SOL)-based decentralized finance (DeFi) platform Mercurial has announced that it will rebrand and airdrop to token holders. With the announcement, the MER price started to rise.
As Coindesk reported on Dec. 28, Mercurial, one of the projects most affected by the FTX collapse, plans to rebrand and distribute a new airdrop to token holders.
During the hacking attack on the platform on the day FTX filed for bankruptcy $800,000 The capture of MER has mobilized the dev team. The platform changed its name to avoid the effects of the FTX bankruptcy. as “Meteor” announced that it will start again.
With the launch of the new platform, airdrops will also be distributed to investors and token holders. According to the statements, it was stated that the new airdrop will be distributed proportionally to the accounts holding MER and the token distributions will be made according to the snapshots that will be taken at a random time at the end of December or the beginning of January.
On the other hand, with this news, the platform’s native cryptocurrency MER experienced a great rise. According to CoinMarketCap data $0.0075 from the levels $0.01256 experiencing a rise 67% value By winning, he somewhat compensated for the fall in the FTX bankruptcy.
