Africa’s First Community Driven Meme Token, Wakanda Inu $WKD
Africa’s First Community Driven Meme Token, Wakanda Inu $WKD, Meme tokens continue to grow in number and volume across the entire sector. With numerous meme tokens on the market, each one attracts its own audience and even mainstream media interest.
As new inventions and concepts emerge, the entire cryptocurrency and blockchain sector continues to erupt with excitement.
The ERC-20 token standard transformed the world of crypto a few years ago, and it continues to change how we construct digital assets.
As we have come to understand the Metaverse’s in-depth connectedness and function in social interaction as human civilization evolves, we are witnessing breakthroughs in the fields of Fan Tokens, DeFi, NTFs, GameFi, and the Metaverse.
While meme tokens are not new, they have generated a lot of interest in the crypto community in recent months and continue to do so.
Wakanda Inu – Africa’s Community meme token
The debut of Africa’s meme token, the Wakanda Inu, has enthralled the African digital realm. The Wakanda Inu ($WKD) is a meme token created by the community. It’s based on the BEP-20 Binance Smart Chain standard.
The website describes it as “Wakanda Inu is a decentralized meme token to drive change across the globe. Driving social good across the world, Wakanda Inu, the African dog with its high energy, great stamina, incredible hearing, super vision and dominance; it captures the essence of exactly what it means to be successful -the true predator.”
The token has a supply of 1 quadrillion. 75% of this 1 quadrillion is locked reserve and will be burnt over a period of 5 years monthly.
36% of the unlocked tokens were offered for public sale of which the unsold tokens were burnt off. Read more about the Tokenomics here.
The Wakandan Inu $800K Token Sale
In an impressive feat, the Wakanda Inu project was able to raise over 1334 BNB worth more than $800K (N500 million) in less than 24 hours.
This was quite interesting considering that in less than 12 hours to the end of the sale, the project was yet to have raised less than its soft cap of 1000 BNB.
Taking a line from the Wakanda Inu communication lines, ‘in the spirit of community’, the project was able to exceed its soft cap and raised over 66% of its total target.
The token is currently trading on pancakeswap and continues to gather momentum across popular social media platforms.
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