The crypto community is getting excited — but also confused. A native token called $EDGEN is being talked about a lot. People on Facebook, X (Twitter), and Telegram are saying that the LayerEdge listing date and TGE will happen on May 31, 2025.
Even rumours point to CoinMarketCap showing this release date, which is why it’s going viral across forums and threads.
But here’s the big question:
Why is the official team completely silent?
They haven’t posted anything on X. No blog. No confirmation. Nothing. So, is the listing date May 31 true? Or yet another fake story going viral?
Here are the key details:
Token Name: LayerEdge Token ($EDGEN)
Token Unlocks:
May 30: 50 million EDGEN
May 31: 243 million EDGEN
Circulating Supply at Launch: Around 293 million EDGEN
Total Supply: 1 billion EDGEN
Some unofficial X accounts, like one called “Mr Ari”, shared a post showing the listing date and tokenomics. But again — no official word from the team.
Source: Mr Ari X Account
Even though the CoinMarketCap page is showing this expected date, it could just be placeholder info.
If this info is true, nearly 29% of the token supply will be unlocked in just 2 days. That includes a huge 240 million EDGEN airdrop.
Sounds good for early users. But let’s be honest — airdrops can also cause dump pressure, especially if people sell right away.
Here’s the breakdown of crypto allocation:
24% – Community I (TGE unlock)
22% – Core Contributors
15% – Ecosystem & R&D
12% – Foundation
17% – Community
5% – Pre-seed
5% – Community Round
Source: LayerEdge CoinMarketCap
This looks community-heavy, but it also means a lot of tokens could move early — and that makes the token airdrop price prediction very unpredictable.
If the launch actually happens, some crypto analysts think this token could open between $0.35 and $0.50, maybe on platforms like MEXC, Gate.io, or KuCoin.
If the hype stays strong and staking comes fast, it might even touch $0.70 to $1.10 in the first few days. Being a crypto analyst I have observed this pattern many times, when a project has strong community support and hype, its value grows with time. And if a big exchange like Binance Alpha joins in? That could push it even higher.
But long-term? It all depends on real adoption. Look at Tezos — launched at $3.13, but now trades below $0.70. Hype fades fast when utility lags. So don’t get too excited until we see some real action on the coin launch date.
The website update before the release date: A hidden clue? On May 18, the team posted on x account, said that their website is 90% refreshed. But they didn’t link this to any release date or launch event.
So far, this is what we’re seeing:
Facebook, and some other platform shows May 31
Token unlock info matches up
Community is hyped
But still... no official update
That makes this a strange situation. Could this be a real launch on May 31? Or just hype and hope? Let’s wait and see for the official updates, the listing details might be approaching soon.
Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.