Wormhole, Athena and Waves are currently the top 3 ‘trending’ symbols: Santiment

Data from Sentiment shows that native tokens linked to the Functionality Project wormhole and artificial dollar protocol Etena Labs, along with the Wave protocol, are currently the most trending crypto assets on social media.

Wormhole token (W), and Etena Labs Management Token (ENA) have recently seen multi-million airdrops, while the WAVES token has caught the attention of traders after it was suggested that it might be listed on Binance.

Multichain interoperability project Wormhole held a “Wormhole Token Generation Event” on March 3 – 670 million tokens were distributed to nearly 400,000 eligible wallets.

In February, Wormhole described the event as “an important step in Wormhole's move toward a decentralized and permissionless future.”

However, Wormhole token, W, has fallen by 27.5% to $1.20 since CoinGecko started tracking its price on April 3rd.

Reports emerged that the wormhole team briefly forgot the address of an exploiter who stole $321 million from the protocol in February 2022.

ESA is getting a lot of attention following the April 2 launch of the token, which included a $450 million airdrop.

The top earner received 3.3 million ESA tokens worth $1.96 million at the time.

ESA has risen above $1, meaning that your holdings of ENA will now be worth more than $3.4 million.

Shortly after ENA went live, it was listed on major cryptocurrency exchanges including Binance, Bybit, KuCoin, HTX, MEXC and BitMart.

Athena is a synthetic dollar protocol built on top of Ethereum that provides a cryptocurrency-native solution to money that is not dependent on the traditional banking system.

However, it raised eyebrows last month when it started posting a 67% annualized percentage yield on the synthetic dollar, USDe.

Related: Memecoin craze is breaking Bitcoin's half-cycle.

Meanwhile, the Waves Protocol WAVE token dropped 32.5% to $2.88 since April 2, sparking traders' attention.

Due to Sentiment's “AI summary” WAVES is a trending proposal to invest Neutrino (XTN) treasury funds into the WavesIndex pool, the protocol will use WAVES to purchase tokens from Neutrino's reserves.

However, WAVES has also been added to Binance's Monitoring Tags list – meaning it no longer meets the criteria and can be deleted at any time.

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