HOP Protocol’s governance token tumbled in its debut on Friday as traders appeared to be dumping the token after it was airdropped. The Ethereum Layer-2 protocol launched an airdrop for users, with nearly 12,000 addresses claiming the airdrop. About 20 million HOP tokens have been claimed, accounting for about 37.51% of the total supply. But The post Another Ethereum Layer 2 Coin Crashes At Launch, Here’s Why appeared first on CoinGape.