WEN (WEN), a Solana meme coin, has recorded an exceptional worth surge at this time. This comes after the Jupiter Exchange introduced further WEN airdrop rewards. The transfer was taken to rejoice the itemizing of the Jupiter Perpetual Contract on Aevo. Thereafter, the WEN crypto worth soared 35%, giving stiff competitors to main meme cash, equivalent to Dogecoin (DOGE) and Shiba Inu (SHIB).
About WEN & JUP Airdrop On Jupiter Exchange
Phase 1 of the WEN crypto airdrop got here to an finish on Monday, January 29 at 10 a.m. ET. However, Jupiter responded to Aevo’s submit on X and introduced that the airdrop could be stay for 12 extra hours. In the submit, Aevo quoted a information outlet’s tweet of the JUP perp on the platform and inspired funding in the identical by writing, “Jupuary. Trade $JUP on Aevo.”
The WEN airdrop initiative serves as a large-scale take a look at for Jupiter’s revolutionary launchpad, slated for additional use in an upcoming airdrop for its native token, JUP, this week. A staggering variety of almost a million wallets are eligible to partake within the long-awaited JUP airdrop.
Whilst, WEN crypto airdrop’s outreach extends to over one million eligible Solana wallets. Moreover, it encompasses energetic Jupiter customers from the final six months and holders of assorted distinguished NFT initiatives on the platform. In addition, even proprietors of the Solana Saga smartphone can participate within the airdrop.
According to airdrop laws, every eligible pockets is entitled to assert 645,652 tokens, which ensures a major reward for every winner. However, regardless of the widespread airdrop, 41% of WEN tokens stay unclaimed because the conclusion of the cat-themed crypto’s airdrop approaches. Out of the overall provide of 1 trillion tokens, 700 billion tokens had been set to be distributed by way of airdrop.
Also Read: Solana DEX Jupiter Unveils More JUP Airdrops Amid WEN Meme Coin Hype
WEN Crypto Pits Against Dogecoin & Shiba Inu
The WEN crypto worth surged previous 35% within the buying and selling session at this time. Whilst, its greatest rivals, DOGE and SHIB struggled to even maintain within the ‘green’. At press time, the WEN worth soared by an enormous 26.81% to $0.0001647 on Monday, January 29. Moreover, it boasted a market valuation of 165.35 million whereas the commerce quantity spiked 96.64% to $146.19 million.
On the opposite hand, Dogecoin price famous a slight acquire after recording huge losses. As of writing, the Dogecoin worth was up by 1.15% to $0.08066 with a market cap of $11.51 billion. In addition, the DOGE commerce quantity jumped by 70.74% to $422.48 million. However, contemplating WEN’s distinctive efficiency after its debut, DOGE’s upswing isn’t very important.
Meanwhile, the Shiba Inu price misplaced a notable worth. The SHIB worth dropped 1.37% to $0.000008981 on the time of writing at this time. The dog-faced meme crypto displayed a market capitalization of $5.29 billion. On the opposite, SHIB witnessed a 14.21% hike in its 24-hour commerce quantity, settling at $88.81 million.
Also Read: Shiba Inu Burn Rate Skyrockets 1557% as SHIB Price Stabilizes
The offered content material might embody the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any accountability in your private monetary loss.