Wormhole and Ethena Labs to Infuse Crypto Market with $2.4 Billion via Airdrops Next Week
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The upcoming airdrops from Wormhole and Ethena are anticipated to contribute approximately $2.4 billion in market value next week. Following these, Kamino and Parcl airdrops are also expected to drop soon.
April is promising a flurry of airdrop activity.
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Posted March 30, 2024, at 8:00 am EST.
The crypto sphere is eyeing a considerable influx of assets next week due to the anticipated airdrops from Wormhole and Ethena Labs, projected to pump about $2.4 billion into the market. These projects, Wormhole, specializing in inter-blockchain communication, and Ethena, focusing on algorithmic stablecoins, are ready to reward their community participants.
Not far behind, Solana-based DeFi platform Kamino Finance and the real-estate trading protocol Parcl are also preparing to release substantial airdrops.
Learn more: A Primer on Crypto Airdrops for Beginners
Week One of April
Come April 3, Wormhole is slated to distribute a key portion of its tokens to its community. Launching with 1.8 billion out of 10 billion total W tokens, the airdrop acknowledges those who’ve contributed to Wormhole’s evolution.
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