There are still 41% of WEN tokens left unclaimed as the end of the Solana meme coin's airdrop approaches its end at 10 a.m. Eastern Time Monday.
The WEN token, created in homage to the community that eagerly asks crypto projects when they'll mint a new token, is being tracked on a Dune Analytics dashboard. The tokens themselves are pieces of a fractionalized NFT.
In plain English: A poem written by @weremeow was turned into an NFT and divided into one trillion pieces. Each of those pieces has become a WEN token, which is why the team behind the new Solana meme coin is calling this the first ever community coin based on fractional NFTs.
WEN is being airdropped via decentralized exchange (DEX) aggregator Jupiter as a large-scale test of its new launchpad, which will be put to use again this week when Jupiter kicks off an airdrop for its own token, JUP. Nearly a million wallets are eligible for the long-awaited JUP drop.
But WEN went even broader, with more than a million eligible Solana wallets—including active Jupiter users over the past six months, holders of a variety of popular NFT projects on the platform, and even owners of the Solana Saga smartphone.
As of Monday morning Central European Standard Time, WEN had reached a price of $0.0001695, up 35.3% from the same time yesterday and with still a couple hours to go before its airdrop ends. Per the rules of the airdrop, each wallet can claim 645,652 tokens. At its current price, that means claiming the airdrop would net users $109, according to CoinGecko data.
Stay on top of crypto news, get daily updates in your inbox.
Source: Decrypt.co
No comments:
Post a Comment