I have found contradictory literature on this topic. Some papers suggest that the power law exponent is close to 2 (between 2.1 to 2.3). But some other papers show this value is higher (around 3). Kindly provide references to any study/references related to this topic.
Here are some links and quotes:
A number of large distributed systems, [...] display a power-law distribution in their node degree. This distribution reflects the existence of a few nodes with very high degree and many with low degree, a feature not found in standard random graphs
Modeling Peer-to-peer Network Topologies Through “small-world” Models And Power Laws