Wormhole Announces Massive 617 Million Token Airdrop

The cross-chain protocol Wormhole is set to distribute 617 million W tokens to users across more than 30 blockchains, marking a significant move in crypto governance.

Wormhole's airdrop targets nearly 400,000 wallets, including users of ecosystem applications and community members.
The airdrop, constituting about 6% of the total token supply, aims to reward contributions within the Wormhole ecosystem.
Eligible users can check their airdrop status through an eligibility checker, with no claim date announced yet.
Pre-market trading values the airdrop at over $1.5 billion, indicating substantial market anticipation.
W token holders will have governance rights, including voting on proposals within the Wormhole DAO.