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Sunday, May 19, 2024
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    HomeMarketWojak (WOJAK) Worth Up 570%: Here is Why This New Memecoin Is...

    Wojak (WOJAK) Worth Up 570%: Here is Why This New Memecoin Is Flying


    • WOJAK value jumped from round $0.00006 on April twenty fifth. to an all-time excessive reached earlier at this time.
    • Whereas the general crypto market cap is down 1.5% within the final 24 hours as a result of Bitcoin’s battle, practically 28K.
    • WOJAK costs surged following enormous positive aspects by frog-based on-line meme coin Pepe (PEPE).

    Wojak (WOJAK), a token traded on exchanges reminiscent of Gate.io and Bitget, hit a brand new all-time excessive above $0.00065 at this time. On Tuesday morning, the WOJAK token rose greater than 74%. In the meantime, greater than 91 million shares had been traded within the final 24 hours.

    Whereas the worth was round $0.00058 on the time of writing, WOJAK/USD has gained greater than 570% in complete over the previous seven days. Wojak had a market cap of $41,121,268 on Might 2. 6:50 a.m. ET, which ranked the small-cap altcoin at No. 496 on CoinMarketCap.

    Who’s Wojak?

    Wojak is a brand new cryptocurrency mission that goals to empower individuals to discover the world of memes via a decentralized community.

    The platform’s native model is WOJAK, impressed by the enduring web meme of the identical identify. WOJAK is designed to assist holders have interaction in actions reminiscent of shopping for and promoting memes. Along with buying and selling tokens, token holders also can use them to take part in group occasions.

    Why is the worth of WOJAK rising at this time?

    Right now, the rise within the value of the WOJAK meme coin comes after the crew introduced second group NFT mint. Hypothesis concerning the token can also be probably fueled by the large rise in one other memecoin.

    When the token was launched a number of weeks in the past, merchants checked out it as they FOMO after the sensational positive aspects of Pepe (PEPE). Pepe is an Ethereum-based memecoin impressed by the favored on-line meme Frog, which appears to be following within the footsteps of profitable tasks like Dogecoin and Shiba Inu.

    Though the worth of PEPE from all-time lows in 2023 April 18 up greater than 2,000%, WOJAK value has jumped greater than 1,171% for the reason that 2023 April 21 hit an all-time low of $0.00004902.

    Some buyers had been prepared to money in on the large positive aspects remodeled the interval to see Wojak at the moment buying and selling practically 7% off its all-time excessive. And whereas memecoin nonetheless seems robust, potential greater positive aspects might trigger an enormous value drop.

    As talked about, WOJAK tokens are at the moment traded on a number of distinguished CEX platforms in addition to the main decentralized alternate Uniswap.

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