Wormhole, a platform fostering blockchain interoperability within decentralized finance (defi), has unveiled plans for an airdrop of its proprietary token, W. The initiative is part of the protocol’s broader aim toward progressive decentralization, rewarding dedicated users and developers within the Wormhole ecosystem. Wormhole to Airdrop W Token to Advance Defi Interoperability Wormhole, a facilitator of […] Source CryptoX Portal
Tag: Token
Native Token Transfers Are the Next Evolution of Interoperability
Wrapped assets introduced a wave of DeFi innovation that cross-chain protocols are looking to take forward. Source
Solana’s BODEN Token, Nodding to Joe Biden, Sees Major Uptick After TRUMP Coin Rally
The digital asset known as maga (TRUMP) has experienced significant appreciation, while a newer cryptocurrency, jeo (BODEN), has seen its value skyrocket by 1,597%, as per data from coinmarketcap.com. In the last 24 hours alone, BODEN has witnessed trading volume amounting to $34.50 million on decentralized exchange platforms such as Raydium and Orca. Biden-Inspired BODEN […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Uniswap (UNI) Up 20% as Token Reward Scheme Gets Overwhelming Support
UNI advanced over 20% in the past 24 hours, hitting $17 for the first time since Jan. 2022 before slightly retreating to $15.7. The token outperformed bitcoin’s (BTC) 3% recovery after yesterday’s plunge and the broad-market, altcoin-heavy CoinDesk 20 Index’s (CD20) 1% decline during the same period. Source
Bitcoin Bridge OrdiZK Suffers Apparent $1.4M Rug Pull, Token Crashes to Zero: CertiK
OrdiZK, a project that set out to become a bridge between the Bitcoin, Ethereum and Solana blockchains, appears to have pulled an exit scam, with developers apparently siphoning more than $1.4 million from separate wallets, according to blockchain security firm CertiK. Source
DWF Labs Invests $10M in TokenFi for AI-Push, TOKEN Crosses All-Time High
The purchase will be done over a two-year period, developers told CoinDesk. Source
Exciting Launch For TRON Coming, Sun Sends Token 24% Up
TRON (TRX) Founder Justin Sun made an announcement earlier today that created expectations about what’s coming to the ecosystem. Additionally, a second post by Sun made the price of a token surge by 24% in a matter of minutes. TRON-Based Inscriptions Market To Launch Soon Recently, the TRON network made it into the news after reaching 95 million total addresses. As reported by NewsBTC, TRON significantly surpassed other Layer-1 networks in address growth, including Avalanche and Cardano. This time, TRON is in the headlines after its founder, Justin Sun, shared…
Meme Token Market Rally — Dogecoin, Shiba Inu, and Bonk Record Double-Digit 24-Hour Gains
The top three meme tokens — dogecoin, shiba inu, and bonk — have captured double-digit gains over the past day, rising between 23.3% to 37.5% against the U.S. dollar. Dogecoin has risen 29.9% and nears crossing the $0.13 threshold. Dogecoin, Shiba Inu, and Bonk Spark Meme Coin Frenzy With Major Gains They say every dog […] Source CryptoX Portal
Shiba Inu Adopts Tech to Bring More Privacy For SHIB Token Holders
The new privacy layer lets developers add a focused network on top of Shibarium, a layer 2 network that settles transactions on the Ethereum blockchain. “These are two different entities, and separate for a variety of reasons,” Shytoshi Kusama, the pseudonymous founder of Shiba Inu, told CoinDesk in a message. Source
PEPE, Not BTC, Is The Top Trending Token
Bitcoin’s near-vertical rise continues, with the cryptocurrency scaling the $59,000 mark early Wednesday. Ether (ETH) topped $3,300, and the CoinDesk 20 Index, a measure of the broader market, jumped 3.5% to $2,177. The bears, if any, have been put on notice as bitcoin (BTC) is now just 16% short of challenging the record high of $69,000. The distance could be covered easily before April’s mining reward halving, assuming Wall Street continues pouring money into the spot exchange-traded funds, maintaining the demand-supply imbalance. That said, the market increasingly looks overheated, not…