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LIT Airdrop Token Distribution: Week 1 Reality Check
The LIT airdrop numbers tell an interesting story. Out of 250M tokens distributed, the top 10K wallets captured 198.8M—that's 79.5% of the initial circulating supply. Meanwhile, the remaining 20.5% is expected to face selling pressure, following the typical pattern we've seen with other holder tiers.
One week in, and the concentration is already striking. When you see nearly 80% of tokens sitting in the hands of the largest holders, it raises questions about price stability and actual market liquidity. The assumption that mid-tier holders will distribute similarly suggests we're looking at a classic airdrop narrative: early demand followed by gradual dilution as smaller recipients gradually exit positions.
This distribution shape isn't unusual in the airdrop space, but it's worth tracking how it plays out over the next few weeks.