Summary
TLDR: Missed out on the Wormhole W token airdrop? Join the Solana meme coin trend and trade the Lormhole (L) token, which has seen massive gains of 75,000% in less than 24 hours. The token is being traded by thousands of Solana users and has a market cap of over $6 million. The Lormhole project is a meme coin leaning into the “take the L” framing, airdropping tokens to communities that have continuously taken losses. Other NFT projects are jokingly vying to get in on the Lormhole airdrop.
Key Points
1. The Lormhole (L) token on Solana is a meme coin that has gained significant value, jumping 75,000% since its launch less than 24 hours ago.
2. Solana has become a hub for meme coins due to its low fees, with various tokens like BONK, WIF, and WEN gaining popularity.
3. Lormhole plans to airdrop 40% of its token supply to key individuals and communities, embracing the “take the L” framing in its marketing strategy.