Maybe you got lucky and scored some W tokens from the recent Wormhole airdrop on Solana. Sweet! But now that they're sitting pretty in your wallet, you might be wondering what to do next.
Or maybe you were not lucky and you are wondering if this token is worth it.
Here's the thing: I took a look at the tokenomics for W, and let's just say they're not exactly screaming "hold onto your hats." On top of that, the price took a nosedive right after launch. Not ideal.
However, before you hit that sell button, consider this: Remember JUP and TIA? Those tokens also had airdrops, and their prices went absolutely bonkers a few days later! So, there's always a chance W could surprise us, right?
The question is: Sell, buy, or hodl?
There are a few different strategies you could take. Personally, I used my W tokens to invest into several DeFi protocols and get additional airdrops + yield farming APRs... I break down my personal approach in the video below. This isn't financial advice, of course, but hopefully it'll help you make an informed decision about your W tokens.
Click here to watch the video and see what I'm doing with my W!
https://youtube.com/shorts/gkynF3C0Xh0?si=4-Ekb3qZSgB0QE_B