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<p class="is-style-lead">As the airdrop period for the Solana-based WEN token ended, a quarter of its supply was burned due to unclaimed tokens.</p> 
<p>The WEN token, a homage to the cryptocurrency community’s frequent inquiries about new token mintings, was part of a novel experiment involving fractionalized NFTs.</p> 
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   <p lang="en" dir="ltr">Claiming for <a href="https://twitter.com/search?q=%24WEN&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$WEN</a> has officially finished. <br><br>For the duration of Wen's upbringing, we have been emitting <a href="https://twitter.com/search?q=%24WEN&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$WEN</a> to the community via the claim. Now, there are no more emissions and over 1/4 of the total supply will be burned forever.<br><br>We are excited to immortalize wen culture and… <a href="https://t.co/BUEG5QrZoH" target="_blank">pic.twitter.com/BUEG5QrZoH</a></p>— $WEN (@wenwencoin) <a href="https://twitter.com/wenwencoin/status/1751990348933464104?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">January 29, 2024</a>
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<p>In simpler terms, a poem by @weremeow was transformed into an NFT and then divided into one trillion parts, each part representing a WEN token. This approach led the creators to describe WEN as the first community coin based on <a href="https://crypto.news/fractionalized-ownership-of-real-world-assets-the-next-nft-utility/" data-type="link" data-id="https://crypto.news/fractionalized-ownership-of-real-world-assets-the-next-nft-utility/">fractional NFTs</a>.</p> 
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   <p lang="en" dir="ltr">A Love Letter To Wen Bros ❤️ <a href="https://t.co/amTNSLcQ3f" target="_blank">pic.twitter.com/amTNSLcQ3f</a></p>— meow 🥧 (@weremeow) <a href="https://twitter.com/weremeow/status/1738590330805719289?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">December 23, 2023</a>
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<p> You might also like: <a href="https://crypto.news/okx-to-support-doginals-other-inscription-standards-in-marketplace/"> OKX to support Doginals, other inscription standards in marketplace </a> </p> 
<p>This airdrop was conducted through Jupiter, a decentralized exchange aggregator, as a large-scale test for its new launchpad. Jupiter’s platform was set to be utilized again to launch its own token, JUP, targeting nearly a million wallets.</p> 
<p>WEN’s airdrop strategy was expansive, targeting over a million eligible Solana wallets. This included active <a href="https://crypto.news/jupiter-tokens-drop-january-2024-for-solana-defi-users/" data-type="link" data-id="https://crypto.news/jupiter-tokens-drop-january-2024-for-solana-defi-users/">Jupiter</a> users from the past six months, holders of various popular NFT projects on the platform, and Solana Saga smartphone owners.</p> 
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<p>As of Monday at 10 a.m. EST, the price of WEN had dropped to $0.00012748, a sharp decline post-<a href="https://solscan.io/tx/5RYZKA3SfpDh7oboumkY6fpms7AdmHiqwxEc3nbTdHxoNxZYPPuHYyhx7wL6WunmXBpZfMA4r5ZWJtq3XdJdN6Yg" data-type="link" data-id="https://solscan.io/tx/5RYZKA3SfpDh7oboumkY6fpms7AdmHiqwxEc3nbTdHxoNxZYPPuHYyhx7wL6WunmXBpZfMA4r5ZWJtq3XdJdN6Yg" target="_blank" rel="noopener">token burn</a> before climbing back up to its current price of $0.0001362, according to updated <a href="https://www.coingecko.com/en/coins/wen-4" data-type="link" data-id="https://www.coingecko.com/en/coins/wen-4" target="_blank" rel="noopener">CoinGecko</a> data.</p> 
<p>The 24-hour range of the token fluctuated between $0.000124 and $0.0001808. This pricing meant that claiming the airdrop, with each wallet entitled to 645,652 tokens, could net users approximately $92, based on the latest price.</p> 
<p> Read more: <a href="https://crypto.news/solana-signups-surge-to-new-record-in-january/"> Solana signups surge to new record in January </a> </p>

WEN airdrop concludes with unclaimed supply burned, price sees significant movement

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