Wormhole | Wen 1$ ? 🌀
Updated
Wormhole is the leading interoperability platform that powers multichain applications and bridges at scale. Wormhole provides developers access to liquidity and users on over 30 of the leading blockchain networks, enabling use cases that span DeFi, NFTs, governance...
The trading volume of Wormhole is 262 million dollar in the last 24 hours, representing a 180% increase from one day ago and signalling a recent rise in market activity.
The wider Wormhole network is trusted and used by teams like Circle and Uniswap, and to date, the platform has facilitated the transfer of over 40 billion dollars through over 1 billion cross-chain messages.
The key reason for the W’s price pumped is Wormhole’s recent announcement of Native Token Transfers aka NTT for the W token. This innovation renders W natively multichain, available on prominent platforms like Solana, Ethereum, Arbitrum, Optimism, and Base
This update lets users move W seamlessly across these networks without dealing with liquidity issues or needing liquidity pools, all while retaining the token’s unique functionality in the Wormhole ecosystem.
The introduction of NTT marks the completion of the second phase of Wormhole’s launch roadmap, setting the stage for an innovative multichain governance system dubbed MultiGov, alongside W staking for governance purposes. These advancements lay the groundwork for future token functionalities, leveraging NTT and a native multichain token.
W still 60% down since listing and its all time high thanks to BTC correction and paper hand whales! the marketcap is over a 1.2 billion dollar which is good and the question is can we back to 1$ ? yes but when you trade Wormhole dont forget the stoploss
so far 0.53$ looks solid as a dip and the next targets are 0.73 and 0.79$
The trading volume of Wormhole is 262 million dollar in the last 24 hours, representing a 180% increase from one day ago and signalling a recent rise in market activity.
The wider Wormhole network is trusted and used by teams like Circle and Uniswap, and to date, the platform has facilitated the transfer of over 40 billion dollars through over 1 billion cross-chain messages.
The key reason for the W’s price pumped is Wormhole’s recent announcement of Native Token Transfers aka NTT for the W token. This innovation renders W natively multichain, available on prominent platforms like Solana, Ethereum, Arbitrum, Optimism, and Base
This update lets users move W seamlessly across these networks without dealing with liquidity issues or needing liquidity pools, all while retaining the token’s unique functionality in the Wormhole ecosystem.
The introduction of NTT marks the completion of the second phase of Wormhole’s launch roadmap, setting the stage for an innovative multichain governance system dubbed MultiGov, alongside W staking for governance purposes. These advancements lay the groundwork for future token functionalities, leveraging NTT and a native multichain token.
W still 60% down since listing and its all time high thanks to BTC correction and paper hand whales! the marketcap is over a 1.2 billion dollar which is good and the question is can we back to 1$ ? yes but when you trade Wormhole dont forget the stoploss
so far 0.53$ looks solid as a dip and the next targets are 0.73 and 0.79$
Note
Robinhood Crypto, a renowned crypto trading platform in its official X post has announced facilitating Wormhole (W) and Jupiter (JUP) trading for European customers, which has gained significant traction across the global crypto community.Trade active
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