Fun

Wormhole, Ethena and Waves are top 3 ‘trending’ tokens right now: Santiment

News Feed - 2024-04-04 02:04:00

Brayden Lindrea3 hours agoWormhole, Ethena and Waves are top 3 ‘trending’ tokens right now: SantimentWormhole and Ethena Labs’ recent multi-million token airdrops have been trending on social, according to Santiment’s social dashboard.1168 Total views1 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksThe native tokens related to the interoperability project Wormhole and synthetic dollar protocol Ethena Labs, along with the Waves Protocol are currently the most trending crypto assets on social media, according to data from Santiment.


Wormhole token (W), and Ethena Labs’ governance token (ENA) recently underwent multi-million airdrops while the WAVES token has captured trader attention after it was flagged for a potential delisting on Binance.Source:Santiment


Multichain interoperability project Wormhole underwent its “Wormhole Token Generation Event” on March 3 — which saw 670 million tokens distributed to nearly 400,000 eligible wallets.


In February, Wormhole described the event as “a crucial step in advancing Wormhole towards a decentralized and permissionless future.”


However, the Wormhole token, W, has fallen 27.5% to $1.20 since CoinGecko started tracking its price on April 3.


Reports also emerged that Wormhole’s team also briefly forgot to exclude the address of the exploiter who stole $321 million from the protocol back in February 2022.Source:Pland


ENA is also receiving close attention following its token launch on April 2, which included a massive $450 million airdrop.


The largest recipient received 3.3 million ENA tokens, worth $1.96 million at the time.


ENA has since surged past the $1 mark, meaning the holder’s ENA bag would now be worth over $3.4 million.


Shortly after ENA went live, it became listed on some of the largest cryptocurrency exchanges, including Binance, Bybit, KuCoin, HTX, MEXC and BitMart.


Ethena is a synthetic dollar protocol built on Ethereum that will provide a cryptocurrency-native solution for money not reliant on the traditional banking system.


However, eyebrows were raised last month when it started offering a 67% annual percentage yield on its synthetic dollar, USDe.


Related:Memecoin madness is breaking the Bitcoin halving cycle


Meanwhile, the Waves Protocol’s WAVE token has plummeted 32.5% to $2.88 since April 2, sparking trader attention.


Santiment’s “AI Summary” suggests WAVES is trending due to a proposal to invest Neutrino (XTN) treasury funds into the WavesIndex pool, where the protocol would buy tokens using WAVES from Neutrino reserves.


However, WAVES was also added to Binance’s Monitoring Tags list — which means that it may no longer meet the standards and could be delisted at any time.


Magazine:5 dangers to beware when apeing into Solana memecoins# Altcoin# Ethereum# Cryptocurrency Exchange# Tokens# Airdrop# DeFiAdd reactionRead moreWormhole bridge hacker from 2022 was briefly eligible for the recent airdropEthereum layer 2s to hit $1T market cap by 2030: Van EckWormhole’s huge airdrop attracts scammers, spoof tokens and a $3B valuation

News Feed

Crypto Traders Wrecked As Trump’s Tariffs Spark $2 Billion Liquidation
Este artículo también está disponible en español. As February began, crypto investors found themselves inside a turbulent market after the digital asset space went crashi
Robert Kiyosaki Expects Bitcoin Investors to Get Richer When Fed Pivots, Prints Trillions of Dollars
Robert Kiyosaki Expects Bitcoin Investors to Get Richer When Fed Pivots, Prints Trillions of Dollars The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki,
Coinbase Agrees to $100 Million Settlement With New York Financial Regulator for Anti-Money Laundering Violations
Coinbase Agrees to $100 Million Settlement With New York Financial Regulator for Anti-Money Laundering Violations Coinbase has agreed to pay a $100 million settlement with the New
Tristan Greene7 hours agoDeepMind co-founder chides Elon over UK AI summit comments: ‘He’s not an AI scientist’World-renowned AI scientist Mustafa Suleyman appears to disagree with Elon Musk’s assessment of the t
Sky Mavis Raises $150 Million in Financing Round Led by Binance to Refund Users Affected by the Ronin Bridge Exploit
Sky Mavis Raises $150 Million in Financing Round Led by Binance to Refund Users Affected by the Ronin Bridge Exploit Sky Mavis, the company behind the play-to-earn (P2E) game Axie
David Attlee14 hours agoThailand to start taxing overseas income next year, including from cryptoAny person who resides in Thailand for up to 180 days, would be subject to personal income tax on foreign assets, including
AssangeDAO member Silke Noa says $37M spent to rescue Assange
Josh O"Sullivan10 hours agoAssangeDAO member Silke Noa says $37M spent to rescue AssangeSilke Noa calls for detailed accounting from the Wau Holland Foundation on the $37 million spent on Assange’s legal defense.778 To
Nvidia Projects Automotive Industry to Include Metaverse Tech in Its Operations in 2023
Nvidia Projects Automotive Industry to Include Metaverse Tech in Its Operations in 2023 Nvidia, a graphics processing unit and artificial intelligence (AI) company, believes that 2
ETC Group Lists Ether ETP on Deutsche Borse’s Xetra, Company’s Bitcoin ETP Now Has $1 Billion AUM
ETC Group Lists Ether ETP on Deutsche Borse"s Xetra, Company"s Bitcoin ETP Now Has $1 Billion AUM Financial services company Etc Group on Tuesday launched its ce
HK police arrest 4, including teen, in HK$11M crypto fraud
Amaka Nwaokocha11 hours agoHK police arrest 4, including teen, in HK$11M crypto fraudThe authorities continue to urge the public to remain cautious and verify the legitimacy of financial transactions to avoid falling vic
Fidelity Launches Ethereum Index Fund — Sees Client ‘Demand for Exposure to Digital Assets Beyond BTC’
Fidelity Launches Ethereum Index Fund — Sees Client "Demand for Exposure to Digital Assets Beyond BTC" A filing with the U.S. Securities and Exchange Commission has shown that Fi
Anthropic launches external tool use for Claude AI, enabling stock ticker integrations and more
Tristan Greene4 hours agoAnthropic launches external tool use for Claude AI, enabling stock ticker integrations and moreThe integration could have huge implications for denizens of the cryptocurrency community.655 Total