The Callisto (CLO) Airdrop snapshot happened during block 5500000 on Ethereum Classic and the price of the coin has been dropping sharply since then. To give a short introduction:

The CLO network is aimed to be an independent Ethereum fork, with unique security and scalability solutions that will be cross-compatible with ETC. They plan to implement a cold staking protocol and an on-chain governance system in the future. The Callisto Network is being proposed and developed by Ethereum Commonwealth, one of three ETC development teams.

There was a lot of hype surrounding Ethereum Classic after the announcement as the airdrop was only 1 awaited “feature” on the complete roadmap of the project. Things started going south as exchanges didn’t start lining up to offer their users the opportunity to trade CLO after the snapshot.

First Bittrex announced that they will not support CLO for now as their team failed to contact them in time for their token review process. Secondly we have no knowledge of either top ETC exchange supporting the airdrop so far. The only major ETC exchange that issued a neutral statement is Bitfinex, who stated that they took the snapshot on the network and will look forward to observing future developments on the CLO chain. This is neither confirming nor denying the addition of the new token.

The only exchange with actual volume that confirmed the addition was HitBTC , but they don’t have the best reputation among cryptocurrency traders.

Overall we can say that exchanges sadly didn’t line up for the airdrop and this tossed ETC down below it’s multi-month trendline and it is currently trying to find a new bottom and build new support lines.

Edit: KuCoin announced support 2 minutes ago, but they are currently #47 on the list of ETC trading exchanges/trading pairs by volume compared to HitBTC who is #22.