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Wormhole launches massive airdrop of 670M tokens 😱🚀

Wormhole launches massive airdrop of 670M tokens 😱🚀

Exciting Opportunity to Claim Wormhole Token Airdrop

Today, an exciting opportunity awaits you as an interoperability platform Wormhole is set to release a token airdrop at 7:30 a.m. ET. This airdrop will benefit nearly 400,000 wallets, making them eligible to claim a total of 678,823,000 Wormhole tokens, representing 6.78% of the total supply of 10 billion tokens. Here are some key details about this token airdrop:

Snapshot and Allocation Details

  • A snapshot of users was taken on February 6 across the project’s Portal bridge and ecosystem apps on 30 connected blockchains.
  • 117 million tokens will be distributed to holders of Wormhole Discord members, Monad community members, Pyth stakers, and certain NFT collections like Bad Kids and DeGods.
    • These holders were also required to be registered on the project’s Discord.
  • The token is a native ERC20 and Solana SPL token with an initial circulating supply of 1.8 billion.

Listings and Trading Information

  • After the airdrop claims, the token is expected to be listed on both centralized and decentralized exchanges.
  • Binance will list the token for trading at 8 p.m. ET, pairing it against bitcoin and stablecoins.
  • Solana-based decentralized exchanges will also offer the token for swaps immediately after the airdrop claims begin.
  • The token is currently trading at over $1.5 on pre-launch markets like HyperLiquid and Aevo, with a fully diluted valuation of $15 billion.

Understanding Wormhole

Wormhole serves as a communication protocol that facilitates the seamless transfer of tokens and data across different blockchains. Recently, the platform incorporated zero-knowledge proofs into its system, enabling secure transfers across chains using ZKPs. Here’s what you need to know about Wormhole:

  • The platform aims to establish secure “corridors” between blockchains for efficient messaging and data transfer.
  • Wormhole focuses on creating secure communication channels across prominent blockchains such as Ethereum, Near, Solana, Aptos, Sui, and Cosmos to address scalability concerns related to proof generation and verification processes.
  • Additionally, the project is developing Gateway, an application-specific blockchain within the Cosmos ecosystem.
  • Last year, Wormhole secured a significant $225 million funding round, valuing the project at $2.5 billion.

Hot Take: Claim Your Wormhole Token Airdrop Today!

If you’re eager to get your hands on some Wormhole tokens, today is the day to claim your share! The interoperability platform is offering a lucrative airdrop opportunity to eligible wallets. Don’t miss out on this chance to be a part of the exciting developments in the crypto space. Get ready to claim your tokens and explore the trading opportunities that lie ahead!

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This content is aimed at sharing knowledge, it's not a direct proposal to transact, nor a prompt to engage in offers. Lolacoin.org doesn't provide expert advice regarding finance, tax, or legal matters. Caveat emptor applies when you utilize any products, services, or materials described in this post. In every interpretation of the law, either directly or by virtue of any negligence, neither our team nor the poster bears responsibility for any detriment or loss resulting. Dive into the details on Critical Disclaimers and Risk Disclosures.

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Wormhole launches massive airdrop of 670M tokens 😱🚀