Going up by over 200%, Wakanda Inu, a new African memecoin is making the rounds across the world.
Over the previous 24 hours, the meme coin has seen significant growth.
At the same time, Quidax, a prominent African exchange, has listed the $WKD token, allowing users to buy and trade it using the $QDT (Native Quidax token) and $USDT stablecoins.
P2E-fueled GameFi, increasing Decentralised Finance, the wild but potentially lucrative world of NFTs, and the new paradigm of franchises and celebrities establishing their own fan tokens are just a few of the most disruptive trends in the current burgeoning industry.
What is Wakanda Inu?
Wakanda Inu is the first African token (and meme coin) to achieve global acclaim, and it’s doing so in style.
The Wakanda Inu community has grown significantly since its introduction, just over 72 hours ago, attracting members from all across the world, and the price action has kept up with the growth.
The $WKD token’s price has increased by over 1200 percent since its introduction, as of press time.
Wakanda Inu isn’t all memes and price activity, though. The initiative bills itself as a movement that reflects Africa’s determination to achieve more and brings together the voices of all oppressed peoples around the world.
The movement also aspires to play a proactive role in poverty alleviation, charity, crypto awareness, and strengthening people’s hopes around the world.
The projects’ beginnings also assist to cement their ethos.
The Wakanda Inu movement began as a community-driven effort and now functions as a leaderless organization that embodies the goodwill of this single, united, worldwide community that believes nothing is impossible when people work together.
What happened since the Wakanda Inu Launch
The remarkable market response and tremendous community expansion since the Wakanda Inu introduction has been a clear evidence of the people’s conviction in the concept:
The initiative raised nearly $1 million in Binance coin (BNB) during its decentralized crowd sale of the Wakanda Inu token ($WKD) on November 6th.
The price of the $WKD token has increased by over 1200 percent since its introduction, as of press time.
On Pancakeswap, $WKD has a locked liquidity pool of 4200+ BNB ($2,600,000).
The Wakanda Inu coin has continuously had a significant daily trade volume ranging from $8 million to $15 million per day, which is remarkable for a freshly created meme coin.
In just 72 hours, $WKD grew to over 28,000 holdings, a new high in the crypto industry.
At least eight exchanges now list $WKD, including Naijacrypto, Obiex Finance, HaggleX, Flitaa, BoundlessPay, Quidax, Tatswap, and Pancakeswap.
Wakanda Inu has now broken the records of SafeMoon and Shiba Inu meme coins for the largest number of holders 5 days post launch.
This is the first time an African meme project is achieving this kind of milestone.
What next for Wakanda Inu?
The Wakanda Inu movement began as a grassroots, leaderless movement, and it strives to maintain that status.
As a community-driven project, the community has a say in the project’s direction and will vote on critical decisions and the project’s general direction. Development of feasible crypto products such as NFT marketplace, farming, staking, DEX, and other prospective projects that could win these next community votes include the development of viable crypto products such as NFT marketplace, farming, staking, DEX, and so on.
The concept of Wakanda Inu as a tool for progressive development, social upliftment, and poverty reduction is central to the Wakanda Inu worldview. As a result, the Wakanda Inu set aside 4% of its supply upon debut to fund humanitarian operations around the world.
