• WOJAK value moved from round $0.00006 on April 25 to the all-time excessive reached earlier within the day.
• Whereas the entire cryptocurrency market capitalization is down 1.5% up to now 24 hours amid Bitcoin’s struggles close to $28,000, the brand new crypto meme token is flying.
• WOJAK’s value surge comes after the large good points of web coin Frog Pepe (PEPE).

The value of Wojak (WOJAK), a token that trades on exchanges resembling Gate.io and Bitget, hit a brand new all-time excessive above $0.00065 at this time. On Tuesday morning, the WOJAK token was up over 74%. In the meantime, over $91 million in quantity has been traded up to now 24 hours.

Whereas the value on the time of writing was round $0.00058, the general good points for WOJAK/USD had been over 570% over the previous seven days. Wojak’s market cap was $41,121,268 as of 6:50 a.m. ET on Could 2, rating the small-cap altcoin 496th on CoinMarketCap.

What’s Wojak?

Wojak is a brand new cryptocurrency undertaking that seeks to offer individuals an opportunity to discover the world of memes by means of a decentralized community.

The native token of the platform is WOJAK, whose inspiration is the long-lasting web meme that bears the identical title. WOJAK is designed to assist holders have interaction in actions resembling shopping for, promoting memes. Along with redeeming the tokens, holders may use them to take part in group occasions.

Why is WOJAK value up at this time?

As we speak’s Value Good points For WOJAK Coin Come After Crew announcement a second group NFT forex. Hypothesis on the token can also be possible pushed by one other memecoin’s large upside.

With the token’s launch a number of weeks in the past, merchants watched as they FOMO tracked Pepe’s (PEPE) sensational good points. Pepe is an Ethereum-based memecoin impressed by the favored web meme Frog, and appears to observe within the footsteps of profitable tasks like Dogecoin and Shiba Inu.

Whereas the value of PEPE is up over 2000% since its all-time low of April 18, 2023, the value of WOJAK has jumped over 1171% since hitting an all-time low of 0.00004902 $ on April 21, 2023.

Some traders have been trying to benefit from the massive income collected over a interval to see Wojak at the moment buying and selling near 7% off the all-time excessive value. And whereas memecoin nonetheless seems sturdy, its potential additional revenue taking may result in a major drop in value.

As famous, WOJAK tokens are at the moment buying and selling on a number of notable CEX platforms, in addition to the main decentralized alternate Uniswap.