After months of waiting, W-Coin has finally announced its listing on a centralized exchange (CEX) on April 29, putting an end to all rumors and delays. With all the airdrop conditions now live in the app, users can now check the Airdrop tab, complete the requirements, and claim their $WCOIN rewards. The very last condition even offers a bonus: invite three friends to fully maximize the benefit.
The much-anticipated wait of the W-Coin community has finally ended; however, it brings fresh news, as now, another question has come: whether there will be another listing delay for W Coin or in case there is no delay, what will be the listing price of W Coin?
The community has confirmed that W Coin should be listed on April 29, but as of one day before the launch, no specific exchange name or timing for the listing has been disclosed. The team has a history of launch postponement, so of course, lingering skepticism is natural, but if all goes well and no further delays are imposed on the announcement of exchanges today, confidence among holders and new investors will be sky-high.
Understanding tokenomics is important for forecasting market trends. Here is a little breakdown:
Total Supply: 100000000000 $WCOIN
Community Allocation: 70% to be distributed through in-game activities, quests, and events
Ecosystem Development: A whopping 30% is reserved for marketing and partnerships, as well as liquidity, etc.
Vesting Plan: Gradual release of the tokens for long-term stability.
The density of this community-driven build style is definitely in par with successful projects like Hamster Kombat (HMSTR), hence setting a phenomenal ground for the ecosystem of the coin.
There are bound to be comparisons with Hamster Kombat (HMSTR) because of its circulating tokens of 100 billion. HMSTR is listed at about $0.008 and currently trades at approximately $0.002678.
Source: CoinMarketCap
With consideration given to the same tokenomics and community excitement, the initial listing price of W Coin would realistically fall in the range of $0.005 to $0.010 during launch.
If the token manages to get listed on major exchanges like Binance, KuCoin, or Bybit, the early momentum could well take it higher.
If they can maintain an energetic community, continue to engage with the ecosystem, and forge good strategic partnerships, the token will cautiously stand behind a price target of $5 over the next couple of years. Abundant market adoption, wise burns or reductions in circulating supply, and favorable bullish conditions in the overall crypto market would be essential for the attainment of this price target.
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.