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$Wormhole debuts at $3B valuation đ„
Wormhole, a cross-chain bridge, initiated an airdrop rewarding early users with 617 million of its new governance token, W. The token debuted at $1.66 on Solana-based DEX OpenBook, boasting a market cap of $2.98 billion and a fully diluted value of $16.5 billion. The airdropped tokens represent 6% of the total supply.