WEN, a brand new meme coin on the Solana blockchain, seeks to have fun a key side of crypto tradition associated to timelines and achievements.
The WEN token skilled a unprecedented surge, surpassing a $50 million market worth inside simply 12 hours of its introduction on Solana on January 26. WEN was distributed by means of an airdrop to customers on the decentralized Jupiter alternate.
To obtain the free tokens, Jupiter customers wanted to commerce no less than $5 between July 2023 and January.
The qualification interval lasted six months, concluding on Jan. 19 at midnight UTC with a snapshot taken. If tokens aren’t claimed by January 29, they are going to be burned, as acknowledged on WEN’s launch web page.
WEN attracts inspiration from a fractionalized NFT poem created by the pseudonymous developer Weremeow, identified for contributing to the Jupiter alternate and different Solana-based dapps like Meteora. The cryptocurrency is managed by the Ovals workforce and was launched by means of Jupiter’s LFG launchpad platform.
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