Wormhole (W) and Ethena (ENA) have both seen a 12% increase in the past 24 hours, but it is MAGA VP ($MVP) that stands out with its potential to grow 1100 times.
Jump Crypto launched Wormhole in 2021, a protocol that allows for the transfer of data and tokens between different blockchains. It consists of various components such as Wormhole Queries, Wormhole ZK, and Wormhole Gateway, all operating on the Wormhole Core Contract alongside Guardian nodes and Emitter contracts. Wormhole has diverse applications in areas such as decentralized finance (DeFi), Non Fungible Tokens (NFTs), governance, and shared liquidity. The W token plays a crucial role in enabling chain transfers and interoperability, facilitating the seamless exchange of assets and data across different blockchain networks. At present, the price of Wormhole stands at $0.7483, having experienced a 15% increase in the last 24 hours.
On the other hand, Ethena (ENA) operates as a synthetic dollar protocol on the Ethereum chain and has introduced an innovative savings tool called the ‘Internet Bond’, which is tied to the USDe. Ethena Labs has partnered with crypto wallets, allowing users to deposit USDe, the stablecoin of Ethena. Currently priced at $0.8133, ENA holds a prominent position on CoinMarketCap. In early April, ENA witnessed a 42.52% surge in value after being listed on Binance. Launched through an airdrop, 5% of its supply is reserved for USDe holders. Yesterday, Ethena (ENA) saw a 4.22% increase in value, making it one of the top performers among the top 100 altcoins, especially after the FED interest rate decision in a market that was mostly declining.
MAGA VP’s steady and significant rise in token price reflects the stability of $MVP in the volatile crypto market. As the 50th Vice President pick for the Republican party draws near, MVP is gaining momentum during this altseason bull run. The token’s price has surged by 139.49% in just a month’s time. This is promising news for investors considering MVP, as the recent price retracement provides an opportunity to purchase $MVP and prepare for the next upward movement.
You can purchase the token on Uniswap, Bitmart, XT.com, or LBank.
The MAGA VP token, with a market cap of over $6 million, is a meme rewards token that offers passive rewards to MVP holders and supports the MAGA TRUMP ecosystem. With an expected return on investment of X1100 times, the token is currently leading the pack. Thanks to its rapid growth of approximately 140% in the month of April alone, MAGA VP has gained significant attention. The token is projected to increase by 325.36% by the end of May.
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