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Market News

Wormhole Airdrops Governance Token W to 400K+ Holders

Written By Brian Mutembei
Published 2024-04-03·Updated 10 months ago
Make The Crypto Times preferred on GoogleGoogle
Wormhole Airdrops Governance Token W to 400K+ Holders

Wormhole to airdrop its governance token W to all featuring more than two holdings between the 3rd and 4th of April. More than 400K wallets are expected to get 617M of tokens, which will encourage early joiners and contributors from various blockchain networks.

W

Wormhole Wednesday

3-April-2024

11:30AM UTC pic.twitter.com/CjdmT1i8PE

— Wormhole (@wormhole) March 28, 2024

Lunar launches Wormhole Wednesday side-chain aims to help the ecosystem to perform inter-chain transactions smoothly. Launching part of 1.8 billion of their tokens on Solana, the protocol already puts the Decentralization first in order to support different categories like the Ecosystem & Incubation and the Community & Launch.

Leading crypto exchanges, including Binance, OKX, and Huobi, have confirmed their readiness to list the W token for spot trading at 12:00 UTC on April 3rd. 

However, traders should use caution as the asset is just beginning and may be subject to a high volatility rate, especially in Billie.

Wormhole aims at $1.65 per token for a cumulative market cap of nearly $3 billion, revealing its position as a major force in the cryptocurrency sphere by attracting new users. 

If it materialized, this would place Tron in 50th place, which is the mark of the 50th largest cryptocurrency according to market capitalization.

Also Read: Bybit Debuts Pre-Market for Wormhole, Aevo Tokens

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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