Excitement is mounting within the cryptocurrency community as LayerZero recently completed its first snapshot for an airdrop. This snapshot marks a significant milestone for the project, as it signals the imminent issuance of tokens following a successful fundraising round. The anticipation surrounding the airdrop has generated buzz among investors and enthusiasts, eager to participate in the distribution of tokens.
Following the completion of the snapshot, the native token of LayerZero, ZRO, is currently trading at $8.6 on Hyperliquid. This price point reflects the market's reaction to the upcoming airdrop and the overall excitement surrounding the project. However, concerns have been raised regarding the potential impact of the airdrop on various decentralized finance (DeFi) protocols, particularly in relation to professional hunters. These individuals may seek to exploit the airdrop for personal gain, potentially disrupting the intended distribution process.
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