wormhole
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XBG token is being integrated with Wormhole's Native Token Transfers (NTT) framework to bridge the Ethereum blockchain to Solana and Arbitrum. This brings several benefits to the XBorg community:
🔹Faster transactions and lower fees
🔹Expanded ecosystem and new use cases
🔹Enhanced user experience through seamless bridging
SwissBorg will list the XBG token on the SwissBorg app via the Orca DEX.
#XBG #Wormholecoin #wormhole #Xborg #BinanceTournament
🔹Faster transactions and lower fees
🔹Expanded ecosystem and new use cases
🔹Enhanced user experience through seamless bridging
SwissBorg will list the XBG token on the SwissBorg app via the Orca DEX.
#XBG #Wormholecoin #wormhole #Xborg #BinanceTournament
🎉🎉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
🔥🔥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
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?
Why is $W punishing its investors? A new coin joins market but every day it's amongst the top three losers. Everyone who bought it at a price of $1.5-$1.3 is really regretting coz $ENA that was $0.85 at the same time is now $1.4. What is your future prediction on #wormhole ?
$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
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
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
