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CATEGORY: wojak


Why Traders Should Buy The Wojak Token

Author: Owotunse Adebayo
Germany
Oct 13, 2021 07:15

Why Traders Should Buy The Wojak Token

Wojak Finance token has been on numerous crypto news platforms because of its astronomical growth. The charity token operates on Binance Smart Chain (BEP20) and claims to be an open-source and well-coordinated platform. That said, the asset's founders created it to help victims of the digital asset system.

Most crypto traders and investors understand that cryptocurrencies are highly volatile—making adequate knowledge crucial. But many people still end up getting rekt—a term cryptocurrency enthusiasts use to describe financial losses due to market volatility. Similarly, investors can get rekt for numerous reasons, such as inadequate market knowledge, investment decisions, and negative news.

The asset's team got "Wojak" from a popular meme known in the digital asset community. Crypto enthusiasts use the memetic character when the market becomes negatively volatile, leading to value decline.

Despite the growing interest in digital assets, some still see cryptocurrencies as a scam. This necessitated Wojak's financial school, aiming to help investors trade safely. Additionally, Wojak encourages investors to buy WOJ as it may become the platform's governance token in the future. Consequently, the platform compensates Rekt traders for their loss while trading, earning the name "charity token."

What Led To Wojak Token's Recent Growth?

The newly released token managed to attract numerous retail investors. From the second week of its official release, Wojak Finance token recorded new highs. Traders from Asia and the Middle East showed a lot of enthusiasm towards the asset. The regions helped it gain momentum, leading to a price pump. Consequently, new investors bought into the charity token, pumping it by over 2500%.

After the pump, Wojak finance explained that the coin was not a conjecture but a utility token. The platform added that it would stabilize the market, but investors must understand the token before buying it. It's common for digital traders to speculate on new assets and purchase them without adequate knowledge. This often leads to getting rekt due to volatility.

To achieve its hyper-deflationary feature, the development team claims to burn tokens. With token burning, assets generally become more valuable. Additionally, the official website explained that WOJ would grow in value when users increase transactions. It also revealed that when users donate or use the token, they will gain rewards.

Wojak Token's Future Price Prediction

2022

The $WOJ token has growth potentials. Currently trading at $0.062 after over 2500% growth, by January 2022, the price may move to around $0.065 if the market manages to stabilize. With a solid and bullish market, it could end up reaching as high as $0.075.

However, if it has a decline, then it may plummet to $0.050 but might not go lower than that. Generally, 2022 looks bullish for the project. By the end of 2022, the $WOJ token may attain $0.12 or average around $0.10 for most of 2022 with the right market conditions. By December 2022, $WOJ may be approximately $0.11, but if it faces declines, predictions show that it may move lower than $0.098.

2023

By January 2023, $WOJ may trade at around $0.125 but move as high as $0.13 with the proper market structure. The lowest possible movement for $WOJ is predicted to be at $0.104. The month should record an average growth of 10%. For mid-2023, the token should trade at around $0.124 but could go as high as $0.13. By the end of 2023, the token is expected to reach $0.15 but may go as high as $0.18.

2024

Prediction for Wojak by January is around $0.183. It could go as low as $0.167. With the right market structure, Wojak may go as high as $0.184, and the asset may record a 10% growth that month. By mid-2024, the token price should be around $0.16 and may go as low as $0.150. By the end of 2024, price prediction is at $0.20 but may be as high as $0.26.

2025

By January, a possible price point for $WOJ is around $0.22 but may go as high as $0.26. The predicted lowest for that month is about $0.186, and it may experience a 15% price growth. By mid-2025, Wojak may be around $0.23 but could go as low as $0.213. At the end of 2025, it may reach a peak of $0.37 or trade as low as $0.30.

Should You Buy Wojak Token After The Pump?

Analyzing WOJ based on 2022's price prediction, it looks like a good buy. The price prediction shows it may start the year on a strong note with an annual close in the $0.10 range. For 2023, the charity token looks promising, but there is a possibility of continuous falls mid-year. Still, it's likely to close the year higher than it opened, making it a worthy buy.

In 2024, with the right conditions, the asset may open the year with $0.18 and may record higher gains at some point. Since Wojak plans to use the asset as a hedge against inflation, there may be token burning. This will likely cause the token to end the year within the $0.20 range. In 2025, predictions show that the coin may experience a massive pump, taking the price to the $0.30 range when the year ends.

$WOJ looks like a good buy even after the 2500% pump. However, it's advisable to research and understand asset fundamentals before buying them. With that, you will prevent foreseeable losses while maximizing profits. Some key elements prospective investors should study are the use cases, background, and team handling upgrades. Market knowledge is crucial, primarily because of digital asset volatility.

Conclusion

Wojak finance token is an interesting token. The Wojak finance team created it to compensate people who lost money while investing in digital assets. The next four years' predictions show that Wojak may attract new gains with the appropriate market structure despite the recent price growth.

Wojak Finance© Cryptoticker

The post Why Traders Should Buy The Wojak Token appeared first on CryptoTicker.

Apr 18, 2023 08:50

Wojak Price Skyrockets Over 60% Following the Major Exchange Listing

Wojak is a memecoin that aims to connect people with the power of memes. The memecoin, which built on Ethereum,

May 11, 2023 10:35

PEPE Token Continues Downward Spiral, Registers 60% Drop From All-Time High

The meme-based token pepe (PEPE) has experienced a 14.9% decline against the U.S. dollar over the last 24 hours, continuing its downward trend from the last five days. Thus far, PEPE has seen a 60% drop in value from its all-time high on May 5. Rival Meme Tokens Challenge PEPE’s Dominance as Meme Token’s Value [...]

The post PEPE Token Continues Downward Spiral, Registers 60% Drop From All-Time High appeared first on Crypto Breaking News.

May 08, 2023 04:45

PEPE, WOJAK, TURBO Take A Nosedive As Meme Coin Euphoria Dies Down

The meme coin euphoria last week grew to levels not seen since the bull run of 2021. This renewed love for this asset class saw the likes of PEPE, WOJAK, and TURBO record impressive growth in just a short period with PEPE crossing the $1 billion market cap mark in less than a month. However, this euphoria hit a roadblock over the weekend and the meme coins are suffering as a result. Meme Coins See Double-Digit Losses The most popular meme coins of the last month are starting to see a slowdown going into the new week. This has led to double-digit losses across the board for these meme coins as it seems their euphoria has finally hit a peak. Related Reading: BREAKING: Binance Lists PEPE And FLOKI In Innovation Zone PEPE saw a sharp downward correction after being on an uptrend for the better part of the week. It rallied to a new all-time high on news of the Binance listing but the cooldown has been brutal on the cryptocurrency, resulting in large losses. By Monday morning, the price of PEPE is already over 10% down from its Sunday prices and around 40% down from its Friday peak above $0.000004. This follows a decline in its trading volume as well, indicating a drop in interest Meme coins suffer from low weekend momentum | Source: CoinGecko Likewise, other meme coins that did very well during the same time period as PEPE also suffered a similar fate. WOJAK, for example, is down 14% in one day, and the losses continue into the one-hour chart. However, this meme coin is still seeing 127% gains on the weekly chart. Last but not least in this report is TURBO, a meme coin that was created by ChatGPT and ran to over $70 million market cap. It is also the worst performer of the three after declining 44% on the daily chart. A Weekend Of Meme Coin Losses The weekend slowdown has affected all meme coins in the market. Even the top dogs like Dogecoin and Shiba Inu have not been left out of the onslaught with 2.8% and 4.5% losses respectively over the last day. As a result of this, the total meme coin market cap fell by 3.5% to $18.18 billion as of Monday morning. Related Reading: PEPE Market Cap Crosses $1 Billion As Gemini Listing Rumors Spread There’s also more red than green on the meme coin lists with the likes of Dogelon Mars, BONK, and AIDOGE all seeing losses. However, it is not just limited to meme coins as the general crypto market has also suffered declines during this time. As a new trading week opens up, it remains to be seen if there will be a reversal in the prices of these cryptocurrencies or if they will continue to bleed. Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet… Featured image from NewsBTC, chart from TradingView.com

May 06, 2023 12:05

Study: Shiba Inu (SHIB) Is More Of A Successful Memecoin Than PEPE and DOGE

Regarding meme coins, there is no denying that Shiba Inu (SHIB) has been one of the most talked-about tokens in recent times. Its success is partly due to its captivating name and adorable mascot, which has been a hit with social media users.  However, beyond the hype, how does SHIB compare to other meme coins such as PEPE and DOGE? PEPE is the newly hyped memecoin in the crypto market. With the token doing over 20x since its creation, it has attracted many traders and investors. Dogecoin (DOGE), on the other hand, is known as Elon Musk’s favorite.  Related Reading: BREAKING: Binance Lists PEPE And FLOKI In Innovation Zone SHIB, PEPE, And DOGE: The Comparison On May 5, Coingecko released a study that analyzed the price returns of meme coins over a period, utilizing data from CoinGecko. The study considered the start of data availability as the hypothetical date of purchase, while the all-time high price, as of May 4, 2023, was taken as the selling point to achieve profits. According to the data from Coingecko, SHIB required an initial investment of just $12 to reach $1M in 2021, making it one of the most affordable meme coins in the market. In contrast, DOGE required an initial investment of $820 in 2013, which is significantly higher.  Other meme coins, such as PEPE and WOJAK, require an initial investment of $158,312 and $175,330, respectively, making them far less accessible to the average investor in 2023. Regarding price gains, SHIB was the most successful meme coin, with an incredible 8,424,202.3% increase at its peak compared to its starting price on August 1, 2020. This is a testament to the popularity of SHIB and its ability to attract investors worldwide. On the other hand, DOGE has been a successful meme coin over the long run, having been a pioneer in the category since 2013. DOGE’s price performance has been impressive and consistently in the top 10 cryptocurrencies by market capitalization.  Meanwhile, Shiba Inu has struggled to reach the top 10 while still ranking 16th in the global crypto market.  Related Reading: Is It Too Late To Buy Shiba Inu (SHIB)? Shiba Inu Downtrend Price Action Notably, SHIB has recently experienced significant price volatility, leading to downward price action. This has been attributed to several factors, including profit-taking, a broader market downturn, and investors moving to a more attractive memecoin currently PEPE. According to CoinGecko data, SHIB’s price was $0.00000001 on August 1, 2020, and it reached an all-time high of $0.00008616 on October 28, 2021. At the time of writing, SHIB trades at $0.00001000, representing an 88.43% decline from its all-time high. SHIB’s market capitalization has gradually plummeted in the past 7 days, moving from a high of $6.1 billion on April 29 to as low as $5.8 billion. Interestingly, its daily trading volume has since surged over the same period from $91.8 million to $144 million in the past 24 hours. Featured image from iStock, Chart from TradingView

May 06, 2023 04:10

Billions of PEPE and TURBO Bought for WOJAK Exchange

In a recent note, meme coins are gaining popularity with an intense engagement in the crypto market. Notably, the coins

May 01, 2023 12:30

Memecoins Dominance: PEPE & WOJAK Investors Receive Massive Return?

Cryptocurrencies have become more mainstream and widely recognized as a legitimate asset class. However, the emergence of memecoins is a

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