Wormhole Prepares for Historic $2.73 Billion W Token Airdrop

March 5th, 2024
Wormhole is setting the stage for one of the largest airdrops in crypto history, with its W token indicating a pre-market value of $2.73 billion. Trading at $2.49 USDT on Bybit, the token's price has surged fivefold from last month's futures market rates. The tokenomics reveal an initial release of 1.1 billion tokens, with 600 million more to the community, positioning the airdrop among the top five ever. Despite the excitement, market volatility and potential price drops post-listing remain concerns, mirroring the Starknet STRK airdrop scenario.
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