SKR Airdrop Starts Today: Pre-market at $0.0165 Sparks Valuation Debate, Do Analysts Expect Doubling or Is It Overhyped?

【Crypto World】Solana Mobile officially confirms that the SKR token airdrop will officially open the claiming channel at 10:00( UTC+8) on January 21. This airdrop is quite large—nearly 2 billion SKR tokens will be distributed to the community, with about 1.82 billion allocated to 100,908 regular users, and the remaining 141 million to 188 developers.

The size of the airdrop is directly linked to user interaction frequency. Users who have not interacted at all are guaranteed a baseline of 5,000 tokens, which can double to 10,000 after one attempt. With more interactions, users can receive 40,000, 125,000, and top-tier users can get up to 750,000 tokens. This tiered design seems to be aimed at incentivizing users to stay and play on the platform.

Regarding the price, the pre-market Whales Market is listing it at $0.0165 per token. In the past 24 hours, it has already dropped 7.5%, and based on the fully diluted market cap, it’s only $165 million. This number has caused quite a bit of dissatisfaction.

Analyst 7de9 bluntly states that this pricing is ridiculous; a $165 million FDV is a joke. He estimates that a reasonable minimum threshold should be between $400 million and $600 million. He also emphasizes that SKR is not just an interaction reward; its true value lies in controlling the governance of the entire Solana Mobile platform.

Senior Solana investor Marino has a much more moderate view. He believes that during the TGE, a price around $0.02 would be more appropriate—avoiding excessive hype and preventing panic selling. He regards SKR as a “secondary ecosystem token of Solana” and thinks that a lower FDV could actually be beneficial for natural growth later on.

However, DeFi researcher InfoSpace OG is a bit disappointed. After some calculations, the average airdrop distribution is between 10,000 and 18,000 tokens, which, at pre-market prices, is only worth $130 to $230. But users initially spent $450 to $600 on their phones, so by this measure, the value-for-money is indeed awkward.