The rise of the WOJAK coin proves that it isn’t just advanced crypto projects that can experience massive price rallies. If you missed out on the 100x increase WOJAK generated, it was probably because you didn’t use Moralis Money – the ultimate tool to find the best altcoins to invest in! Moralis Money users have been able to spot meme coins the moment they started gaining initial traction.
You can use the iframe below to start playing around with the free version of this powerful on-chain tool. However, if you want to be among the first to detect new crypto opportunities, make sure to lock in your Pro plan and prepare for the upcoming bull run.
Using Moralis Money is easy – simply select one of the preset filters or apply your unique search criteria:
You can learn more about Moralis Money and how to get started with its core features in the “Find Similar Alts Like WOJAK Using Moralis Money” section towards the end of this article.
However, if you wish to learn more about the Wojak crypto project and its WOJAK coin, make sure to dive into the following sections.
What is the WOJAK Coin?
The WOJAK token is a new ERC-20 token – a cryptocurrency on the Ethereum chain. WOJAK was inspired by the famous Wojak meme and was minted on April 17th, 2023. Since its inception, the token has gained massive momentum.
Looking at the project’s official website (screenshot above), we must say that it’s quite unique. Remember, when it comes to meme coins, which WOJAK is, it’s mainly about the hype and trolling.
Following the example of most meme coins that came before WOJAK, the Wojak crypto team is anonymous. Still, it’s nice to see that the team behind this new meme coin has a vision. The team behind WOJAK greatly values and respect their community. They acknowledge that the progress and the success of the project lie in the hands of supporters.
So, the team is clearly aware of the importance of strong communities when it comes to crypto projects, particularly meme coins. The Wojak team also states they are dedicated to creating an inclusive and transparent environment where everyone can thrive.
The team’s vision also addresses their belief in fostering strong relationships with their community members. Thus, they commit to actively engaging in open communication, being receptive to feedback, and continuously adapting the Wojak community according to user needs. All in all, they claim to be committed to ensuring that the Wojak crypto project becomes and remains a trusted and reliable community. One of their main goals is to provide a secure and rewarding experience for users.
Only time will tell if they will be true to their claims. So far, they have been very active on the Wojak Coin $WOJAK Twitter account (9,000+ followers and growing).
The Crypto Meme Behind WOJAK
As pointed out above, the WOJAK coin is based on the famous Wojak internet meme that emerged in 2009. This meme’s original form is quite basic and simple; it’s a black-and-white drawing of what looks like a bold man.
It’s worth pointing out that “wojak” means “soldier” or “fighter” in Polish – so the cartoon could represent a Polish soldier.
The exact origin of the above-presented illustration is unknown; however, it first appeared in a Polish imageboard (forum) called “Vichan.” However, the word “wojak” got associated with this illustration when a user named “wojak” reposted it on a German imageboard, “Krautchan.”
Like most early internet memes, the Wojak meme gained traction on 4chan. There, it also became associated with other phrases that Wojak used, including “that feel when,” “that feel,” and “I know that feel, bro.” This is also why this meme has the “Feels Guy” nickname.
Since Wojak’s beginning, it has been used in many appropriate and some less appropriate topics. Many twists and spins of the above illustration have been created and are now flooding the web.
WOJAK Coin Price
By looking at the chart above, you can see that the WOJAK coin experienced nearly 1000x growth in the first two days. The price per token started at $0.0000003936 and climbed to its current all-time high (ATH) at $0.0003639. However, in line with crypto’s volatility, this wasn’t a straight climb. Along the way, the price retraced by more than 50% a couple of times.
At the time of writing, the WOJAK token is sitting at $0.0001268 as it consolidates after a 70%-plus pullback from its ATH.
After such an impressive rally, you might be surprised to see WOJAK’s price at a tiny fraction of a cent. However, if you know the basics of tokenomics, you understand that a token’s price doesn’t tell you much. After all, the price is always determined by the token’s market cap and supply.
For a meme coin, WOJAK actually has a relatively low token supply. For instance, there are more than 6,000 times fewer WOJAK tokens than PEPE tokens. Still, the total supply of WOJAK is 69,420,000,000.
It’s also worth pointing out that the Wojak crypto project locked more than 96% of the total liquidity. Such a move shows positive commitment and is typically a good sign. All in all, current on-chain indications for WOJAK are very positive.
WOJAK Crypto Price Prediction – The Potential of Altcoins
When it comes to meme coins, technical analysis (TA) usually goes out of the window. Plus, the amount of data for such a new coin is also insufficient for TA. However, after a 70% retrace, WOJAK could be getting ready for another leg up. You never know what exactly the token’s price will do next, especially when meme coins are in question.
All we can say for sure is that on-chain data for WOJAK is still quite impressive for a new coin. Just look at the above screenshot, and you’ll see that among newly-minted tokens, WOJAK has the largest increase in the number of holders this week.
Even without TA, we can perform some rough WOJAK crypto price predictions. For instance, we can speculate that WOJAK has the potential to reach the same levels as the current leading meme coins. So, if WOJAK’s market cap were to reach the current market cap of Shiba Inu, the price of WOJAK would be just below ten cents ($0.0926). From WOJAK’s current price, that’s more than a 100x increase.
Plus, you need to keep in mind that we are currently far from the crypto market’s top. So, if we also add the upcoming bull run momentum, the price of WOJAK could easily pass ten cents per token. After all, Shiba Inu’s market cap at its ATH sits at $43.5 billion, and Shiba Inu is not the leading meme coin.
Can WOJAK Follow the Footsteps of DOGE?
For the wildest realistic WOJAK token price prediction, we should consider Dogecoin’s ATH market cap ($82.36B). By taking that number and dividing it by WOJAK’s token supply, we can see that the token’s price could surpass the one-dollar mark ($1.186).
However, no one knows the likelihood of the WOJAK coin getting such massive support as the currently leading meme coins.
So, the best thing to do is to use reliable on-chain data on a regular basis and determine how the Wojak crypto project is doing as the bull run takes off.
How to Buy WOJAK Tokens
You can already buy the WOJAK token in several places, including some less popular CEXs. However, the largest trading volume currently is the WOJAK-WETH pair on Uniswap v2.
You can see all markets by visiting WOJAK’s page on CoinMarketCap:
But if you are using Moralis Money, you can take another path. For example, if the WOJAK coin matches your search criteria, you’ll see it among the results of your query. Then, you can simply click on the token’s name:
The above action will open the token’s page, where you can click on the “Buy” button:
If you decide to use the above button, you’ll be redirected to 1inch – the most trusted aggregator. The latter will find the best path for you to buy the token in question. Then, you just need to connect your Web3 wallet, enter the amount of WOJAK tokens you want to buy, and confirm the on-chain transaction related to your swap.
Find Similar Alts Like WOJAK Using Moralis Money
It’s important to remember that WOJAK is just one of the countless opportunities the crypto market offers. So, it is important that you learn how to spot opportunities before it’s too late. That’s where Moralis Money enters the picture.
Users with Moralis Money Pro are already pocketing incredible profits with their access to market alpha:
By using Moralis Money’s core feature, Token Explorer, users have been able to detect increasing traction for several new and existing projects. Some examples include the XEN crypto asset, the PEPE token, the VERSE token, the HDRN token, the MC token, HEX, BitDAO, and many others.
The Moralis Money Pro plan gives you access to on-chain analytics as things happen. That way, you get to decipher the real-time activity of the cryptocurrency markets before the price reflects it.
So, if you want to seize the great opportunities that altcoins offer, let Moralis Money guide your decisions!
Are you still wondering how to trade crypto and make gains? Here’s a simple recipe: combine the power of on-chain data with TA. That said, whenever you want to jump in on new coins, TA is not really useful. So, for investing in newly-minted tokens, on-chain data is the key.
Get started with Moralis Money today! With this tool, you’ll get to spot the next “WOJAK coin” or detect the WOJAK token’s next rally.
The Fastest and Simplest Way to Use Moralis Money – Preset Filters
The fastest and simplest way to identify new tokens or existing ones with increasing momentum is just one click away. Just select one of the preset filters on the Moralis Money homepage:
Fast, Simple, and Quite Powerful – Apply Your Unique Search Criteria
The above-presented use of preset filters is a great starting point. However, to experience the true power of Moralis Money, you should use your own unique search combinations.
This is still extremely straightforward. Essentially, you just need to follow these four steps:
- Open Token Explorer.
- If you are after newly-minted tokens like the WOJAK coin, apply the Coin Age filter. On the other hand, if you want to focus on more seasoned coins that usually have a higher market cap, use the Market Cap metric.
- Click on “Add Another Filter” to further refine your list. There are many metrics you can use to spot the increasing or decreasing momentum of cryptocurrencies. Holders, Buyers, and Experienced Buyers are great examples.
- Mix and match other filters to further polish your list. Simply select a metric and a filter, enter a value, select a timeframe, and run your query!
You can start practicing the above steps and spot some decent opportunities with a free plan. However, if you want to be among the first on the ball and ride the largest possible moves, you ought to go with the Moralis Money Pro plan. The latter will give you access to all the lower timeframes:
What is the WOJAK Token? Exploring the WOJAK Meme Coin – Summary
In today’s article, you learned about a new meme coin inspired by the Wojak meme – the WOJAK token. The Wojak crypto project launched WOJAK on April 17th, 2023, immediately gaining impressive traction.
You also discovered that many Moralis Money Pro plan users have been among the “lucky” ones of spotting many coins shooting up the charts lately. That said, you now know that luck has very little to do with it – it is the power of real-time, on-chain data that does the trick!
Nonetheless, we showed you the best way to get started with this powerful yet simple on-chain data tool. So, you now know that you are always just a few clicks away from finding the next crypto gem.
It’s also important to note that according to past crypto market cycles, the last bear market is cooling off, and the bulls are getting ready. As such, now’s a great time to get familiar with Moralis Money and prepare for the upcoming bull run.