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Wormhole’s W token surges by over 8% amidst crypto market decline
3 weeks ago 1 min read

Wormhole’s W token surges by over 8% amidst crypto market decline

Wormhole’s native token (W) rose by over 8% to $0.6346 in 24 hours despite the crypto market’s fall. This rise raised Wormhole’s market worth to $1.14 billion, placing it 73rd in the cryptocurrency rankings. W trade volume rose 72% to $164 million. Last day, Wormhole traded between $0.5788 and $0.671. Despite these advances, Wormhole remains 60% behind its April 3, 2024 high of $1.61. Wormhole was $0.6361 at press time. Wormhole’s release of W Native Token Transfers (NTT) drove the W’s price up. W is now natively multichain on Solana, Ethereum, Arbitrum, Optimism, and Base. This upgrade allows users to