wormhole
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Wormhole project released a tokenomics and will do a token airdrop.
Snapshot was taken and coins will be distributed to 100,000 people(or 300k?).
It's happening quite fast, I think many are surprised, if not everyone.
Those who were active in the community might get lucky. I have a couple of old accounts
It's hard to believe they'll give drops to merkly users, though it would be cool.
#wormhole #airdrop
Snapshot was taken and coins will be distributed to 100,000 people(or 300k?).
It's happening quite fast, I think many are surprised, if not everyone.
Those who were active in the community might get lucky. I have a couple of old accounts
It's hard to believe they'll give drops to merkly users, though it would be cool.
#wormhole #airdrop
CLAIM FREE PEPE COIN REWARD FROM PINNED POSTS💰💰...
🎉🎉Wormwhole token will be sky rocket 🚀🚀
🔥🔥Wormhole token slides 24% before recovering slightly following airdrop🔥
🎉Cross-chain messaging protocol Wormhole opened airdrop claims for its governance token, named W, Wednesday morning.
Some recipients celebrated so-called Wormhole Wednesday by cashing out on their allotment, leading W’s price to fall 24% within a few hours of the token beginning to trade, according to CoinGecko. The token would quickly recover though, settling at a smaller dip from its opening price by press time.
6.78% of W’s supply was set aside for the airdrop, an allocation worth roughly $855 million at current prices.
Read more: Wormhole’s W airdrop to ‘acknowledge and reward’ dedicated users
Wormhole is a multi-chain protocol, but it initially launched W as an SPL token on Solana. The protocol facilitates the movement of assets and data between blockchains.
The project cited the blockchain’s “scalability, low transaction costs, and rapid processing times.” It will soon expand to Ethereum and its layer-2s.
It was not immediately clear how much W had been claimed Wednesday morning, but Wormhole’s blockchain explorer shows a swift uptick in transactions following the airdrop.
W is meant to serve as a Wormhole governance token, a common use case for community tokens. The forthcoming Wormhole DAO will be a multi-chain DAO operating on Solana, Ethereum and layer-2s.
#wormhole #HotTrends #SHIB
🎉🎉Wormwhole token will be sky rocket 🚀🚀
🔥🔥Wormhole token slides 24% before recovering slightly following airdrop🔥
🎉Cross-chain messaging protocol Wormhole opened airdrop claims for its governance token, named W, Wednesday morning.
Some recipients celebrated so-called Wormhole Wednesday by cashing out on their allotment, leading W’s price to fall 24% within a few hours of the token beginning to trade, according to CoinGecko. The token would quickly recover though, settling at a smaller dip from its opening price by press time.
6.78% of W’s supply was set aside for the airdrop, an allocation worth roughly $855 million at current prices.
Read more: Wormhole’s W airdrop to ‘acknowledge and reward’ dedicated users
Wormhole is a multi-chain protocol, but it initially launched W as an SPL token on Solana. The protocol facilitates the movement of assets and data between blockchains.
The project cited the blockchain’s “scalability, low transaction costs, and rapid processing times.” It will soon expand to Ethereum and its layer-2s.
It was not immediately clear how much W had been claimed Wednesday morning, but Wormhole’s blockchain explorer shows a swift uptick in transactions following the airdrop.
W is meant to serve as a Wormhole governance token, a common use case for community tokens. The forthcoming Wormhole DAO will be a multi-chain DAO operating on Solana, Ethereum and layer-2s.
#wormhole #HotTrends #SHIB
CLAIM FREE PEPE COIN REWARD FROM PINNED POSTS💰💰...
🎉🎉Wormwhole token will be sky rocket 🚀🚀
🔥🔥Wormhole token slides 24% before recovering slightly following airdrop🔥
🎉Cross-chain messaging protocol Wormhole opened airdrop claims for its governance token, named W, Wednesday morning.
Some recipients celebrated so-called Wormhole Wednesday by cashing out on their allotment, leading W’s price to fall 24% within a few hours of the token beginning to trade, according to CoinGecko. The token would quickly recover though, settling at a smaller dip from its opening price by press time.
6.78% of W’s supply was set aside for the airdrop, an allocation worth roughly $855 million at current prices.
Read more: Wormhole’s W airdrop to ‘acknowledge and reward’ dedicated users
Wormhole is a multi-chain protocol, but it initially launched W as an SPL token on Solana. The protocol facilitates the movement of assets and data between blockchains.
The project cited the blockchain’s “scalability, low transaction costs, and rapid processing times.” It will soon expand to Ethereum and its layer-2s.
It was not immediately clear how much W had been claimed Wednesday morning, but Wormhole’s blockchain explorer shows a swift uptick in transactions following the airdrop.
W is meant to serve as a Wormhole governance token, a common use case for community tokens. The forthcoming Wormhole DAO will be a multi-chain DAO operating on Solana, Ethereum and layer-2s.
#wormhole #HotTrends #SHIB
🎉🎉Wormwhole token will be sky rocket 🚀🚀
🔥🔥Wormhole token slides 24% before recovering slightly following airdrop🔥
🎉Cross-chain messaging protocol Wormhole opened airdrop claims for its governance token, named W, Wednesday morning.
Some recipients celebrated so-called Wormhole Wednesday by cashing out on their allotment, leading W’s price to fall 24% within a few hours of the token beginning to trade, according to CoinGecko. The token would quickly recover though, settling at a smaller dip from its opening price by press time.
6.78% of W’s supply was set aside for the airdrop, an allocation worth roughly $855 million at current prices.
Read more: Wormhole’s W airdrop to ‘acknowledge and reward’ dedicated users
Wormhole is a multi-chain protocol, but it initially launched W as an SPL token on Solana. The protocol facilitates the movement of assets and data between blockchains.
The project cited the blockchain’s “scalability, low transaction costs, and rapid processing times.” It will soon expand to Ethereum and its layer-2s.
It was not immediately clear how much W had been claimed Wednesday morning, but Wormhole’s blockchain explorer shows a swift uptick in transactions following the airdrop.
W is meant to serve as a Wormhole governance token, a common use case for community tokens. The forthcoming Wormhole DAO will be a multi-chain DAO operating on Solana, Ethereum and layer-2s.
#wormhole #HotTrends #SHIB
$W forming potential Adam & Eve bottom with an upside target of $1 (58% profit potential from current level) when resistance ($0.776) is taken out successfully. #wormhole #Solanaecosystem
100% target spot + future
use 5% wallet + 20 leverage
entry price 1.17 - 1.20
target
1st 1.25
2nd 1.36
3rd 1.45
if price drop down DCA with 10% more
it's not a financial advice please do your own research
#wormhole #BinanceLaunchpool
use 5% wallet + 20 leverage
entry price 1.17 - 1.20
target
1st 1.25
2nd 1.36
3rd 1.45
if price drop down DCA with 10% more
it's not a financial advice please do your own research
#wormhole #BinanceLaunchpool
#wormhole please guide someone when it will pump and is it safe to invest in it
Wormhole Plans to Allocate 1.7 Billion Tokens to Community Members
The cross-chain protocol "Wormhole" has revealed its intentions regarding the distribution of a vast amount of tokens of its "W" token among community members, aiming to decentralize the management of this project.
Details on Community Allocation
According to a recent blog post, the "Wormhole" team has decided to allocate a substantial 1.7 billion "W" tokens out of the total supply of 1.8 billion "W" tokens for allocation and subsequent distribution among community members. This represents 17% of the total token count. The remaining 82% will initially remain locked but will gradually unlock over the course of four years.
Distribution Across Various Platforms
"Wormhole" plans to introduce its token, "W," on Ethereum ERC-20 and Solana SPL standards. The largest portion of tokens, accounting for 31%, is allocated to the ecosystem and incubation, followed by a foundation treasury with 23.3%, and major contributors with 12%.
Towards Decentralization
While there is a plan regarding the distribution of tokens, specific criteria remain unclear. However, the "Wormhole" team intends to gradually transfer the protocol management to holders of "W" tokens, allowing the community to lead programs and activities associated with the treasury.
Founders and History
"Wormhole," founded in 2021, is a cross-chain protocol designed to facilitate interoperability and communication between various blockchain networks. In November 2023, it secured a significant investment of $225 million, valuing it at $2.5 billion. This investment was secured by companies Coinbase Ventures, Multicoin Capital, and Jump Trading, who originally supported the protocol under their digital asset division, Jump Crypto. Instead of traditional capital, "Wormhole" issued warranties to investors, guaranteeing allocation of the crypto token launched by the protocol.
#wormhole #blockchain #token
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Details on Community Allocation
According to a recent blog post, the "Wormhole" team has decided to allocate a substantial 1.7 billion "W" tokens out of the total supply of 1.8 billion "W" tokens for allocation and subsequent distribution among community members. This represents 17% of the total token count. The remaining 82% will initially remain locked but will gradually unlock over the course of four years.
Distribution Across Various Platforms
"Wormhole" plans to introduce its token, "W," on Ethereum ERC-20 and Solana SPL standards. The largest portion of tokens, accounting for 31%, is allocated to the ecosystem and incubation, followed by a foundation treasury with 23.3%, and major contributors with 12%.
Towards Decentralization
While there is a plan regarding the distribution of tokens, specific criteria remain unclear. However, the "Wormhole" team intends to gradually transfer the protocol management to holders of "W" tokens, allowing the community to lead programs and activities associated with the treasury.
Founders and History
"Wormhole," founded in 2021, is a cross-chain protocol designed to facilitate interoperability and communication between various blockchain networks. In November 2023, it secured a significant investment of $225 million, valuing it at $2.5 billion. This investment was secured by companies Coinbase Ventures, Multicoin Capital, and Jump Trading, who originally supported the protocol under their digital asset division, Jump Crypto. Instead of traditional capital, "Wormhole" issued warranties to investors, guaranteeing allocation of the crypto token launched by the protocol.
#wormhole #blockchain #token
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
#wormhole can any one tell about wormhole coin price and its future plz suggest me will i buy or not?
Wormhole vs USDT: Understanding the Difference and update 🚀🚀🚀🚀🚀
Wormhole vs USDT: Understanding the Difference and update
#wormhole
Wormhole's W token launch happened today, on April 3, 2024. This token is part of the Wormhole ecosystem and grants governance rights to its holders.
Function: Wormhole acts as a bridge, a generic message passing protocol. It facilitates communication and data transfer between different blockchains. Imagine it as a translator allowing independent blockchains to understand each other. This promotes interoperability, a key challenge in the current blockchain landscape.
Value: Wormhole itself doesn't have a monetary value. It's the underlying infrastructure enabling communication between blockchains with individual values.
USDT (Tether USD)
Function: USDT is a stablecoin, a cryptocurrency pegged to the value of the US dollar (USD). This means 1 USDT should always be worth roughly $1. USDT's primary function is to provide a stable value within the cryptocurrency market, acting as a safe haven during volatile periods.
Value: USDT has a value directly tied to the US dollar, typically around $1.
In Short:
Wormhole is a protocol for communication, while #USDT is a digital currency for transactions.
Wormhole doesn't have a price, while USDT has a stable price of around $1.
Wormhole enables the movement of USDT (and other cryptocurrencies) between different blockchains.
Analogy:
Think of blockchains as islands. Wormhole acts as a bridge or communication system connecting these islands, allowing people (cryptocurrencies) to travel between them. USDT, on the other hand, is a form of currency used on these islands.
While I previously mentioned Wormhole launched in 2021, that information pertains to the protocol itself. You're likely interested in a more recent development:
Wormhole's W token launch happened today, on April 3, 2024. This token is part of the Wormhole ecosystem and grants governance rights to its holders. #Write2earn #newlistings
If you are to invest in wormhole token kindly do proper research before investing.
#wormhole
Wormhole's W token launch happened today, on April 3, 2024. This token is part of the Wormhole ecosystem and grants governance rights to its holders.
Function: Wormhole acts as a bridge, a generic message passing protocol. It facilitates communication and data transfer between different blockchains. Imagine it as a translator allowing independent blockchains to understand each other. This promotes interoperability, a key challenge in the current blockchain landscape.
Value: Wormhole itself doesn't have a monetary value. It's the underlying infrastructure enabling communication between blockchains with individual values.
USDT (Tether USD)
Function: USDT is a stablecoin, a cryptocurrency pegged to the value of the US dollar (USD). This means 1 USDT should always be worth roughly $1. USDT's primary function is to provide a stable value within the cryptocurrency market, acting as a safe haven during volatile periods.
Value: USDT has a value directly tied to the US dollar, typically around $1.
In Short:
Wormhole is a protocol for communication, while #USDT is a digital currency for transactions.
Wormhole doesn't have a price, while USDT has a stable price of around $1.
Wormhole enables the movement of USDT (and other cryptocurrencies) between different blockchains.
Analogy:
Think of blockchains as islands. Wormhole acts as a bridge or communication system connecting these islands, allowing people (cryptocurrencies) to travel between them. USDT, on the other hand, is a form of currency used on these islands.
While I previously mentioned Wormhole launched in 2021, that information pertains to the protocol itself. You're likely interested in a more recent development:
Wormhole's W token launch happened today, on April 3, 2024. This token is part of the Wormhole ecosystem and grants governance rights to its holders. #Write2earn #newlistings
If you are to invest in wormhole token kindly do proper research before investing.
