Multi-chain compliance project Wormhole, synthetic dollar protocol Ethena Labs, and native tokens from Waves Protocol are currently the top trending cryptoassets on social media, according to Santiment data. The Wormhole token (W) and Ethena Labs' governance token (ENA) have undergone millions of airdrops recently, while the WAVES token has caught the attention of traders as it has been flagged for a potential delisting on Binance.
Wormhole held its “Wormhole Token Generation Event” on March 3, distributing 670 million tokens to approximately 400,000 eligible wallets. However, the W token has fallen 27.5% to $1.20 since CoinGecko began tracking its price on April 3.
ENA is being closely watched following its token launch, which took place on April 2, as it included a massive airdrop of $450 million. ENA rose above $1 and the top buyer's ENA purse is now worth over $3.4 million.
On the other hand, Waves Protocol's WAVE token has fallen 32.5% since April 2 to $2.88, attracting the attention of traders. However, WAVES has also been added to Binance's Tracking Tags list, which means it may no longer meet standards and could be delisted at any time. We are waiting your comments.#blockchain#cryptocurrency