Exploration
Cryptocurrency Updates
Altcoin
Exciting Airdrop on the Horizon: Developers Set Date
A highly anticipated altcoin airdrop that has been eagerly awaited for months may finally be drawing to a close as developers reveal the official launch date.
By:
Mete Demiralp
June 15, 2024 – 07:32
Last Updated:
22 minutes ago
0
LayerZero (ZRO), one of the most hotly anticipated altcoin airdrops in the crypto space, has sparked excitement among enthusiasts with the announcement of a significant event scheduled for June 20, 2024.
The company had previously indicated its plans to introduce a token in December, with the launch slated for the first half of 2024.
In a recent update, LayerZero developers referred to this upcoming event as “snapshot #1,” hinting at a series of airdrops to follow. This has triggered a surge in anticipation and speculation among eager followers awaiting a potential windfall.
Related News
Bitcoin Price Drop Explained: Analyst il Capo’s Latest Insights
LayerZero offers a unique protocol that enables the seamless connection of various blockchains without the need for intermediary parties. It is currently utilized by Stargate and Radiant Capital, both of which experienced slight increases in their respective native tokens following the snapshot approval.
In April of the previous year, LayerZero secured $120 million in Series B funding, valuing the company at $3 billion. This funding round, which included substantial investments from Andreessen Horowitz and Sequoia Capital, further solidified LayerZero’s position in the market.
*This does not constitute financial advice.
For access to over 300 cryptocurrencies, sign up on the Binance exchange with a 20% COMMISSION DISCOUNT using this link!
Stay updated with exclusive news, analytics, and on-chain data by following our
Telegram
and
Twitter
accounts!
Notify of
Notification for Replies to my Comment
Label
Name:
Mail
Δ
Label
Name:
Mail
Δ
0
Comments
Inline Feedbacks
View all comments
