Solana Mobile's native token SKR officially launched its airdrop distribution today (January 21) at 10:00 AM. Many expected this to be a moment of celebration for Seeker phone users, but the pre-market price movement dampened the excitement.

Honestly, the price performance has been quite poor. According to pre-market trading data, SKR has fallen over 46% in the past 24 hours, dropping from $0.0165 yesterday to $0.0088, with some quotes even lower at $0.00769. This decline has directly shattered the market's optimistic expectations—previously, the community was generally bullish on a price range of $0.02 to $0.04, but now it’s at this level.

Calculating the fully diluted valuation makes it even more painful. SKR has a total supply of 10 billion tokens, and the current FDV is only about $88 million. This figure is far below previous market expectations, which has led many to worry that after the official airdrop opens, selling pressure will further increase, and the price could face additional downside risk.

It seems this airdrop feast hasn't brought the anticipated lively atmosphere; instead, there's a sense of cold reception. The next move depends on how the market reacts once the airdrop truly begins.