LayerZero price dropped sharply on Friday, wiping out all post-airdrop gains on Thursday. The token's market value fell below $1 billion and fell to $745 million. The crypto industry is facing a massive sell-off with most tokens experiencing double-digit declines. Bitcoin declined below the main $64,000 support. LayerZero's users also criticized the donation mechanism during the airdrop. 📉 ZRO token also crashed after some users stated that they could not receive their allocations. However, some traders stated that they will hold their tokens and wait for the recovery despite suffering heavy losses. LayerZero's price recovery will depend on how the crypto market performs in the coming weeks. If Bitcoin continues its downtrend, it will likely continue to fall.