Major Airdrop Imminent: Developers Set Firm Date
LayerZero (ZRO), an altcoin airdrop generating considerable buzz within the cryptocurrency community, has set tongues wagging after announcing a specific date for its upcoming event – June 20, 2024 – in a cryptic manner. The company previously confirmed its token launch plans for December, with the rollout scheduled for the first half of 2024.
In a recent announcement, the LayerZero development team made reference to “snapshot #1” and hinted at a series of airdrops to come, fueling even greater excitement and speculation among eager followers eagerly anticipating a potential windfall.
LayerZero stands out as a unique protocol facilitating seamless connections between different blockchains, eliminating the need for third-party intermediaries. Notably, both Stargate and Radiant Capital, currently utilizing LayerZero, experienced modest upticks in their native tokens following the approval of the snapshot.
Last April, LayerZero secured $120 million in a Series B funding round, propelling its market value to $3 billion. This significant investment from industry heavyweights Andreessen Horowitz and Sequoia Capital further solidified LayerZero’s standing within the market.
*This article is for informational purposes only and does not constitute investment advice.