Wormhole Airdrop on Solana Just Days Away as Exchanges Prep Listings

by Adolf Balistreri

Inappropriate-chain protocol Wormhole will commence its W governance token on Wednesday, with several cryptocurrency exchanges asserting plans to checklist the token shortly after the airdrop sigh opens as a lot as eligible users.

Wormhole previously announced particulars for the W token airdrop, with bigger than 400,000 complete wallets eligible to participate in the sigh. In complete, 617.3 million W tokens have been dispensed for the initial neighborhood and ecosystem airdrop, which is ready to reward early users on Solana, Ethereum, and other chains, alongside with various crypto communities.

Gradual closing week, Wormhole declared by a Twitter (aka X) put up that April 3 will be “Wormhole Wednesday,” and that the W airdrop sigh will originate up at 11:30am UTC.

Now it looks that the token will be in a situation to swap very soon thereafter, as a few exchanges announced Monday that they notion to checklist the W token for pickle procuring and selling at 12pm UTC on Wednesday. The checklist of exchanges includes Bitget, OKX, and Gate.io to this point, even supposing extra exchanges are seemingly to affix the checklist.


Wormhole Wednesday


11:30AM UTC pic.twitter.com/CjdmT1i8PE

— Wormhole (@wormhole) March 28, 2024

Given the size of the airdrop and prominence of the protocol in ask, W is seemingly to be one of the most year’s supreme token launches to this point. The W token is launching as a native Solana SPL20 token, however will be expanded to red meat up Ethereum’s ERC-20 token typical as soon as launched, representing the rotten-chain nature of the protocol.

W is presently priced at $1.65 in pre-market procuring and selling by Whales Market, and Wormhole has mentioned that 1.8 billion W tokens will be circulating at commence (out of 10 billion in complete).

If that imprint holds on except the real token commence on Wednesday, then the token would commence with a market cap of virtually $3 billion. That would possibly per chance per chance per chance fabricate it the Fiftieth-largest cryptocurrency, as of this writing, per knowledge from CoinGecko.

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