Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Wormhole Begins Claiming Over 670 Million Token Airdrops Today
ADOPTION NEWS

Wormhole Begins Claiming Over 670 Million Token Airdrops Today

By Crypto FlexsApril 3, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Wormhole Begins Claiming Over 670 Million Token Airdrops Today
Share
Facebook Twitter LinkedIn Pinterest Email

Interoperability platform Wormhole allows users to request a token airdrop starting today at 7:30 AM ET.

Nearly 400,000 wallets can claim a total of 678,823,000 Wormhole tokens, equivalent to 6.78% of the total 10 billion supply.

This is based on a February 6 snapshot of users across the project portal bridge and ecosystem apps across 30 blockchains connected to the wormhole.

Of the airdrop allocation, 117 million tokens will go to Wormhole Discord members, select Monad community members, Pyth stakers, and NFT collection holders including Bad Kids, DeGods, Mad Lads, and y00ts registered on the project’s Discord.

The tokens are a native ERC20 token and a native Solana SPL token, with an initial circulating supply estimated at 1.8 billion.

After claiming the airdrop, tokens are expected to be listed on exchanges (both centralized and decentralized). Binance is List The token is for trading at 8 PM ET and is paired with Bitcoin and stablecoins. Solana-based decentralized exchanges will enable token swaps immediately after airdrop claims begin.

The token is currently trading for over $1.50 on pre-launch markets such as HyperLiquid and Aevo, and has a fully diluted valuation of $15 billion.

What is a wormhole?

Wormhole is a communication protocol that allows users to move tokens and data across chains. Recently, we have integrated zero-knowledge proofs into our platform and developed a “light client” implementation for secure transfers between various chains using ZKP. The goal is to create a secure “corridor” between blockchains for messaging.

Wormhole’s plan is to create secure communication channels across major blockchains, including Ethereum, Near, Solana, Aptos, Sui, and Cosmos, solving scaling challenges associated with proof generation and verification for light clients over AMD chips.

The project is also working on Gateway, an application-specific blockchain within the Cosmos ecosystem. Wormhole closed a $225 million funding round last year, giving it a valuation of $2.5 billion.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ether Lee (ETH) tests major support for $ 4,453 after the highest rejection.

August 31, 2025

Bitcoin analysts bet on $ 200K after hints of Fed.

August 23, 2025

‘Self -transactions, dressed in capital layout’: The cryptocurrency financial craze divides the industry.

August 15, 2025
Add A Comment

Comments are closed.

Recent Posts

Cango Inc. Announces August 2025 Bitcoin Production And Mining Operations Update

September 2, 2025

BitMine Immersion (BMNR) Announces Release Of August Investor Presentation And Latest Video Message From Tom Lee, Chairman

September 2, 2025

Pioneering AI Visionary Vincent Boucher & AGI Alpha Announce A Meta‑Agentic AGI Jobs Marketplace Platform

September 2, 2025

Meme Coin Little Pepe Raises Above $24M In Presale With Over 39,000 Holders

September 2, 2025

Bybit WSOT 2025 Attracts Quadruple Squads As $8M Main Competition Commences

September 2, 2025

Duration Of The Process And Important Nuances

September 2, 2025

PrimeXBT Launches “Empowering Traders To Succeed” Campaign, Leading A New Era Of Trading

September 2, 2025

Korean sleeves cut Tesla and pivot with encryption stocks.

September 2, 2025

Are you ready to token everything?

September 1, 2025

Sign Up And Get $500, Ushering In A New Era Of BTC, XRP, And DOGE Cloud Mining

September 1, 2025

Turning Social Hype Into Token Allocation

September 1, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Cango Inc. Announces August 2025 Bitcoin Production And Mining Operations Update

September 2, 2025

BitMine Immersion (BMNR) Announces Release Of August Investor Presentation And Latest Video Message From Tom Lee, Chairman

September 2, 2025

Pioneering AI Visionary Vincent Boucher & AGI Alpha Announce A Meta‑Agentic AGI Jobs Marketplace Platform

September 2, 2025
Most Popular

Universal Digital Inc. Announces Bitcoin Treasury Strategy Across North America And Asia

June 16, 2025

Sui partners with Google Cloud to drive Web3 innovation with improved security, scalability, and AI capabilities.

May 5, 2024

How to Start a Crypto Press Release Side Hustle and Keep 100% Profit (Step-by-Step Guide)

July 2, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.