- WOJAK value has jumped from round $0.00006 on 25 April to the all-time peak reached earlier immediately.
- Whereas the overall cryptocurrency market cap is down 1.5% up to now 24 hours amid Bitcoin’s struggles close to $28k, the brand new meme crypto token is flying.
- Skyrocketing costs for WOJAK come after the huge positive aspects for the frog web meme coin Pepe (PEPE).
The value of Wojak (WOJAK), a token that trades on exchanges resembling Gate.io and Bitget, has hit a brand new all-time excessive above $0.00065 immediately. On Tuesday morning, the WOJAK token was up greater than 74%. In the meantime, over $91 million value of quantity has been traded up to now 24 hours.
Whereas the value on the time of writing was round $0.00058, the general positive aspects for WOJAK/USD was greater than 570% up to now seven days. Wojak’s market cap was $41,121,268 at 6.50 am ET on 2 Might, rating the small cap altcoin 496th on CoinMarketCap.
What’s Wojak?
Wojak is a brand new cryptocurreny undertaking that appears to supply folks an opportunity to discover the world of memes through a decentralised community.
The native token of the platform is WOJAK, whose inspiration is the enduring web meme that bears the identical identify. WOJAK is designed to assist holders have interaction in actions such shopping for, promoting of memes. Aside from buying and selling the tokens, holders also can use them to participate in neighborhood occasions.
Why is WOJAK value up immediately?
Right this moment’s value positive aspects for the WOJAK meme coin come after the staff introduced a second neighborhood NFT mint. Hypothesis on the token can also be doubtless pushed by the massive upside for one more memecoin.
With the token launching just a few weeks in the past, merchants have seemed to it as they FOMO following the sensational positive aspects for Pepe (PEPE). Pepe is an Ethereum-based memecoin impressed by the favored Frog web meme, and which appears to comply with within the footsteps of profitable initiatives like Dogecoin and Shiba Inu.
Whereas PEPE value is up over 2,000% since its all-time low on 18 April 2023, the value of WOJAK has jumped greater than 1,171% since hitting the all-time low of $0.00004902 on 21 April 2023.
Some buyers have seemed to money in on the massive earnings collected over a interval to see Wojak presently commerce practically 7% off the all-time excessive value. And though the memecoin nonetheless appears sturdy, its doable extra revenue taking might lead to a major value dump.
As famous, the WOJAK tokens presently commerce on just a few notable CEX platforms, in addition to the main decentralised alternate Uniswap.
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