PANews reported on January 2nd that, according to OKX market data, the top gainers of the day are: PEPE, currently trading at $0.0000049, up 15.02%; AVAX, currently trading at $13.613, up 8.67%; FLOKI, currently trading at $0.0000436, up 7.78%; IMX, currently trading at $0.249, up 6.57%; and KSM, currently trading at $7.569, up 6.08%. In addition, the tokens with the largest intraday declines are: RPL, currently at $2.012, down 3.36%; FIL, currently at $1.476, down 1.93%; GLM, currently at $0.226, down 1.69%; ENJ, currently at $0.0291, down 1.62%; and FLOW, currently at $0.104, down 1.59%.



Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more