A verified trend has been observed in the crypto space this year. It’s Memecoins/tokens season!!!
Memecoins/tokens are cryptocurrencies/crypto inspired coins that are associated with some theme, social media memes and supported by specific communities. According to Coinmarketcap, Dogecoin is the top memecoin followed by the memetoken Shiba Inu.
Both are named after popular dogs on the internet. Shiba Inu is termed ‘The Doge killer’. Memecoins/tokens are often a joke more than a serious product, having almost no use case. Dogecoin founder (Billy Markus) has revealed that he built the memecoin in two hours and started it as a joke. Shiba Inu’s founder (Ryoshi), on the other hand, addresses its whitepaper as a Woofpaper.
The significant difference between a memecoin and a memetoken is that the former runs on its own blockchain while the latter is built on an already existing blockchain. For example, Dogecoin has its own blockchain but Shiba Inu is built on the Ethereum blockchain (ERC-20 network).
Wakanda Inu Coming Soon On The HaggleX App
This has been the trend among crypto investors and traders on social media this week. Celebrating the huge success that Wakanda Inu ($WKD) has made in just few days after its launch.
Wakanda Inu is a community project built on the Binance smartchain. It is the first African-owned, community meme token. It is not owned by anyone but is fully owned and driven by its community (in this case, everyone who’s part of the project).
In its own words, Wakanda Inu is built as a charity-oriented meme token that is entirely for social good across the globe. It had its public sale on November 8th on Pinksale and raised over 1000BNB(almost a million dollars) in less than 24 hours.
The African Shiba Killer, listed on Pancakeswap with a price of $0.00000003, today it has a price of $0.00000023, that’s over an increase of over 158%.
Below are the tokenomics of the project:
- Total Supply – 985,600,000,000,000 WKD
- Presale Rate – 1 BNB = 45,000,000,000 WKD
- Soft Cap – 1, 000 BNB
- Hard Cap – 2, 000 BNB
- Unsold Tokens – Burn
- Liquidity Percent – 80%
- Listed On – PanCakeSwap
Crypto giants in the space have taken to social media to talk about the Wakanda Inu token. People like Chris Ani , Stephen Voski and many others. Suffice it to say that HaggleX exercises discretion by listing the Wakanda Inu token on its platform. Bag more $Hag now. Download the app .
Read Also 10 Easy Steps To Buy $HAG On Pancakeswap