Wojak ($WOJAK)

General Characteristics

Wojak is a memecoin launched on the Ethereum blockchain. This coin is inspired by the iconic Wojak internet meme and aims to build a community-driven ecosystem within the cryptocurrency space. Leveraging Ethereum's robust smart contract capabilities, Wojak seeks to offer a blend of humor and functionality, engaging a global audience of meme enthusiasts and crypto investors alike.

The coin was officially launched in April 2023, making it a relatively new player in the memecoin arena. Despite its youth, Wojak has gained considerable traction, with a focus on decentralized trading and a transparent tokenomics model.

Key Features:

Blockchain: Ethereum (ERC-20).
Launch Year: 2023.
Tokenomics: Total supply of 69.42 billion tokens, with 69.4 billion currently in circulation.
Utility: Primarily used for community rewards, staking, and governance within its ecosystem.
Security: Leveraging Ethereum’s robust smart contract framework for enhanced security.

Wojak aims to integrate itself into the larger memecoin ecosystem, providing a platform for users who want to combine humor with financial speculation.

Community

One of Wojak's strongest aspects is its growing and vibrant community, which actively supports the coin's initiatives. The team behind Wojak has utilized social media platforms and community-driven projects to increase engagement and awareness.

Social Media Presence:

Twitter: 50.4K followers
Telegram: Almost 10K subscribers

Community Initiatives:

Regular AMA sessions to connect with investors and enthusiasts
Social media campaigns to promote the meme culture surrounding Wojak
Collaborations with influencers to spread awareness
Community-driven decision-making on key aspects of the project

The Wojak community plays a pivotal role in driving the coin's adoption and market performance.

Roadmap

The Wojak team has outlined an ambitious roadmap that focuses on building a sustainable ecosystem while staying true to its meme-inspired roots.

Key Milestones:

Q2 2023: Launch of Wojak token on Ethereum
Q3 2023: Initial exchange listings and liquidity pool creation
Q4 2023: Expansion of community initiatives and marketing campaigns
2024 and Beyond: Development of utility-based projects and potential integrations with Web3 platforms

Future plans aim to solidify Wojak's position within the memecoin market while exploring new functionalities and partnerships.

Functionality and Utility

Wojak is primarily a memecoin but also emphasizes decentralized trading and community-driven initiatives. It aims to combine the appeal of internet culture with the financial opportunities of blockchain technology.

Primary Functions:

Decentralized trading through platforms like Uniswap
Potential integration with DeFi applications
Use as a medium of exchange within meme-based ecosystems

Market Performance

As of now, Wojak is priced at $0.001329, reflecting an 8.64% decrease over the last 24 hours. The market cap is $92.25 million, with a 24-hour trading volume of $6.24 million. Wojak is listed on various exchanges, making it accessible for trading.

Performance Metrics:

Market Cap: $92.25 million
Volume (24h): $6.24 million
FDV: $92.27 million
Vol/Mkt Cap: 6.91%

Pros

Strong community backing
Decentralized and transparent
Engaging and meme-centric branding
Accessible through multiple exchanges

Official Links

Official Website

Twitter

Where to Buy

This is a (daily) in-depth analysis by Memecoin Season about the most promising and/or successful meme coin projects within the dynamic blockchain space.

We first share this report with our invite-only community of investors and enthusiasts to study and potentially consider for their investment strategies. Then, the next day, we publish it for the general public.

While we thoroughly pick and analyze strong contenders in the meme coin space, remember that we do not give here any investment advice. Always consider your own goals and analyze the risks inherent to meme coins before investing.