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SOPH token drops 24.97% after $900M airdrop, despite strong TVL growth
- SOPH token fell by 24.97% after a $900 million airdrop event on Binance and other exchanges.
- On-chain TVL reached $20.28 million with DEX volume peaking at $47.44 million.
- A further 20% supply unlock for SOPH is scheduled to begin in three months.
- Despite the price drop, SOPH has shown rising user engagement and strong investor interest.
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