Gas DAO Token Struggles to Maintain Momentum After Airdrop

Gas DAO Token Struggles to Maintain Momentum After Airdrop
Following the shooting-star success of SOS, another airdropped token, GAS, is now on offer to Ethereum wallets everywhere.With no product, no plans for a product and no utility, the freshly-minted GAS token’s run may be even more short-lived, however.On Tuesday night, Gas DAO announced the launch of GAS, the project’s governance token, in a series of tweets.The distribution of the token was to nearly 650,000 Ethereum users who had fulfilled certain on-chain parameters, including having spent over $1,559 in gas fees. So far, some 26,000 users have claimed the token, which had a peak market capitalization in excess of $50…