LayerZero’s ZRO crypto gets a rough start: Can it recover soon?

Malaysia News News

LayerZero’s ZRO crypto gets a rough start: Can it recover soon?
Malaysia Latest News,Malaysia Headlines
  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 68%

LayerZero's ZRO token has been listed on Binance and several other major exchanges. Will ZRO's price plummet?

LayerZero recently began distributing its ZRO tokens via an airdrop, with major crypto exchanges announcing their listings.For context, LayerZero is a cross-chain interoperability protocol facilitating seamless dApp functionality across blockchains and is in an expansionary phase.

To understand the context, exchange listings are significant for a token’s price. By listing a token, exchanges expose it to a broader audience of traders, often leading to increased demand and price appreciation.On 19th June, LayerZero unveiled its airdrop eligibility checker, allowing users to view their allocated ZRO amount. Unfortunately, many users discovered allocations significantly lower than anticipated.

Technical issues further affected the airdrop process. Some users reported problems with the mandatory $0.10 claim fee transaction. LayerZero acknowledged these issues and assured users that corrective measures had been taken.The ZRO Claim airdrop, targeting a wide audience of 1.28 million wallets, recently distributed 8.5% of its total community allocation of 23.8%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CryptoAmb /  🏆 22. in CA

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Aid deliveries suspended after rough seas damage US-built temporary pier in Gaza, US officials sayAid deliveries suspended after rough seas damage US-built temporary pier in Gaza, US officials sayWASHINGTON (AP) — A U.S. built temporary pier that had been used to deliver humanitarian aid to Gaza was damaged by rough seas and has temporarily suspended operations, three U.S. officials told The Associated Press on Tuesday.
Read more »

Aid deliveries suspended after rough seas damage US-built temporary pier in Gaza, US officials sayAid deliveries suspended after rough seas damage US-built temporary pier in Gaza, US officials sayWASHINGTON (AP) — A U.S. built temporary pier that had been used to deliver humanitarian aid to Gaza was damaged by rough seas and has temporarily suspended operations, three U.S. officials told The Associated Press on Tuesday.
Read more »

Aid deliveries suspended after rough seas damage US-built temporary pier in Gaza, US officials sayAid deliveries suspended after rough seas damage US-built temporary pier in Gaza, US officials sayWASHINGTON (AP) — A U.S. built temporary pier that had been used to deliver humanitarian aid to Gaza was damaged by rough seas and has temporarily suspended operations, three U.S. officials told The Associated Press on Tuesday.
Read more »

Aid deliveries suspended after rough seas damage US-built temporary pier in Gaza, US officials sayAid deliveries suspended after rough seas damage US-built temporary pier in Gaza, US officials sayWASHINGTON (AP) — A U.S. built temporary pier that had been used to deliver humanitarian aid to Gaza was damaged by rough seas and has temporarily suspended operations, three U.S. officials told The Associated Press on Tuesday.
Read more »

U.S.-built pier in Gaza will be removed, repaired after damage from rough seasU.S.-built pier in Gaza will be removed, repaired after damage from rough seasThe setback is the latest for the US$320-million pier, which has already had three U.S. service member injuries and had four if its vessels beached due to heavy seas
Read more »

US-built pier will be removed from Gaza coast and repaired after damage from rough seasUS-built pier will be removed from Gaza coast and repaired after damage from rough seasWASHINGTON (AP) — The U.S.-built temporary pier taking humanitarian aid to starving Palestinians will be removed from the coast of Gaza to be repaired after getting damaged in rough seas and weather, the Pentagon said Tuesday.
Read more »



Render Time: 2025-08-27 15:08:54