Wen Price
(WEN)
USD($)
Wen (WEN) Live Price Chart
Overview
About
Analysis
FAQ
Wen Live Price Data
The live price of Wen is $0.0000856, with a total trading volume of $ 579,527 in the last 24 hours. The price of Wen changed by -5.92% in the past day, and its USD value has decreased by -24.36% over the last week. With a circulating supply of 727.72B WEN, the market cap of Wen is currently 62.15M USD, marking a --% increase today. Wen currently ranks #-- in market cap.
How do you feel about Wen today?
Note: This data is for reference only.
Wen(WEN) Profile
Rank--
--Expand 
Website
Documentation
Explorer
Contract
- Solana WENWENvq...Cpk
Audited By
- --
Code & Community
Investors
- --
$0.0000843
$0.0000961
- ATH
- $0.0005187
- Price Change (1h)
- +0.23%
- Price Change (24h)
- -5.92%
- Price Change (7d)
- -24.36%
- Market Cap
- $62.15M
- 24h Volume
- $579,527
- Circulating Supply
- 727.72B
- Max Supply
- 727.72B
About WEN
How can I buy Wen (WEN)?
Buying WEN on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Wen (WEN) for more information. What Is Wen (WEN) Crypto?
Wen is a Solana-based memecoin that shot to fame after its massive airdrop to more than 1 million wallets. This airdrop was part of a large-scale test conducted by the decentralized exchange (DEX) aggregator Jupiter.
The WEN airdrop included active Jupiter users, holders of various popular NFT projects on the platform, and even owners of the Solana Saga smartphone. Each eligible wallet received an airdrop of 643,652 WEN tokens.
The Solana network reportedly managed the high demand during the WEN airdrop well, with about 118,000 wallets trying to connect simultaneously. The network's overall performance was stable despite some initial technical issues, particularly with the Phantom wallet.
The WEN token is tied to the popular "Wen" meme in the Web 3.0 space. Its purpose is not only to unite the Web 3.0 community but also to introduce a decentralized governance method to foster innovation and increase awareness of Web 3.0 technologies.
How Does Wen Memecoin Work?
The Wen meme token operates primarily as a memecoin but also incorporates elements of decentralized governance through its association with the WEN DAO. Here's a breakdown of how it functions:
1. Built on Solana Blockchain: WEN is built on the Solana blockchain, which is known for its high throughput and low transaction costs. This makes transactions with WEN fast and cost-effective, an essential feature for a token that might see high-volume, small-value transactions typical of memecoins.
2. WEN Airdrop Distribution: A significant aspect of WEN's operation was its distribution through an airdrop to over a million wallets in January 2024. This method of distribution is popular in the crypto space for promoting new tokens and encouraging wide ownership.
3. Governance Token for WEN DAO: Beyond being a memecoin, WEN serves as the governance token for WEN DAO. WEN token holders can participate in decision-making processes within the WEN DAO ecosystem. This governance aspect adds a layer of utility to the token, differentiating it from typical memecoins.
4. Market Dynamics and Volatility: Like many cryptocurrencies, especially those based on internet memes, WEN is subject to market volatility. Its value can fluctuate significantly based on trading activities, market sentiment, and broader trends in the crypto market.
5. Integration with NFT and DeFi Platforms: As part of the Solana ecosystem, WEN will likely be integrated or associated with various NFT projects and decentralized finance (DeFi) platforms. This integration can impact its utility and value.
6. Potential Token Burn: Post-airdrop, there's speculation about a potential burn of a portion of the WEN token supply. Token burning is a common mechanism used in cryptocurrencies to reduce the total supply, potentially increasing scarcity and value.
7. Community and Meme Culture: As a memecoin, the value and popularity of WEN are closely tied to its community and meme culture. The community's engagement, promotion, and perception play a significant role in its market presence.
When Was Wen Meme Coin Launched?
The Solana-based Wen (WEN) token was launched on January 25, 2024. This launch was announced by the anonymous founder of the Solana DeFi project Jupiter Exchange, known as weremeow. The token was created to reward active users of the Jupiter app and holders of various NFT collections on the platform.
WEN is not just a memecoin; it represents fractionalized ownership in a unique NFT, a poem by weremeow, and operates as a fungible token on the Solana blockchain. This launch also marked the debut of Jupiter’s LFG Launchpad, a platform designed for token launches on Solana.
How to Use WEN Token
The $WEN crypto serves several purposes, including:
1. Memecoin on Solana: Reflecting popular internet culture, WEN is primarily a memecoin that engages users in the broader cryptocurrency community.
2. Governance Token for WEN DAO: It acts as the governance token for WEN DAO, allowing token holders to participate in decision-making processes within this decentralized organization.
3. Reward Mechanism: WEN was used to reward active users of the Jupiter app and holders of various NFT collections in the Solana ecosystem.
4. Fractional Ownership in NFT: The token represents fractionalized ownership in a unique NFT, a poem by the founder weremeow, thereby embedding a cultural and artistic aspect into its utility.
5. Trade WEN on KuCoin: Trade Wen coin on the KuCoin Spot Market against other crypto assets to make the most of changing market conditions and volatility. Buy, sell, or HODL WEN if you believe in the future potential of the Wen meme coin. Remember to undertake new trades in the crypto market only after you do your own research (DYOR).
Wen (WEN) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $-0.0000057 | -6.24% |
| 7 Days | $-0.0000276 | -24.36% |
| 30 Days | $-0.0000802 | -48.34% |
| 3 Months | $-0.0000143 | -14.30% |
24H Investment Barometer
24H
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Strong SellSellNeutralBuyStrong Buy
Wen Conversion Rate
FAQ
How much is 1 Wen (WEN) worth?
KuCoin provides real-time USD price updates for Wen (WEN). Wen price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time WEN to USD exchange rates. Is Wen (WEN) a Good Investment?
One of the biggest benefits of adding WEN coin to your crypto portfolio is its potential for high returns, given its nature as a memecoin, which can sometimes experience rapid value increases. Its role in decentralized governance through WEN DAO could offer a sense of participation in a community-driven project. Additionally, the cultural aspect of owning a fractional part of a unique NFT (in this case, a poem) adds a unique flavor to this investment.
What Is Wen Crypto Price Prediction?
Due to the highly volatile nature of the crypto market and memecoins in particular, it is challenging to offer a reliable WEN price prediction over any duration. However, the following factors could help you better understand the price movements in the Wen meme token:
1. Crypto Market Sentiment: General sentiment in the crypto market can significantly impact the WEN price.
2. Meme Popularity: As a memecoin, the WEN coin price can be heavily influenced by trends and popularity in internet culture.
3. Adoption and Use Cases of WEN Coin: The extent to which WEN is adopted for its intended purposes, including governance and rewards within its ecosystem, also influences the price of WEN memecoin.
4. Level of Speculative Trading: Short-term trading strategies and speculation can lead to price volatility.
5. Future Developments in the Wen Roadmap: Changes or updates in the Solana blockchain or related projects can affect the WEN to USD price.
6. WEN Airdrop and Distribution Events: Specific events like token airdrops can cause temporary price fluctuations.
How to Claim WEN Airdrop
The eligibility window for claiming $WEN airdrop ran from September 2023 to January 29, 2024. To claim the airdrop, users needed to meet at least one of the following criteria:
> Jupiter Exchange users: Traded over $5 volume before January 19, 2024, had DCA/LO/Perps orders filled using Jupiter.
> Ovols NFT holders: Possessed at least one Ovols NFT.
> Bluechip NFT holders: Owned at least one NFT from a list of pre-defined "bluechip" projects.
> Genesis Saga Holders: Held Gen 1 or Gen 2 Genesis Saga NFTs.
You can claim your Wen airdrops on the Jupiter DEX if you are eligible by connecting your crypto wallet.
What is the all-time high price of Wen (WEN)?
The all-time high price of Wen (WEN) is $0.0005190. The current price of WEN is down 83.49% from its all-time high.
What is the all-time low price of Wen (WEN)?
The all-time low price of Wen (WEN) is $0.0000078. The current price of WEN is up 990.68% from its all-time low.
How much Wen (WEN) is there in circulation?
As of 12 22, 2024, there is currently 727.72B WEN in circulation. WEN has a maximum supply of 727.72B.
What is the market cap of Wen (WEN)?
The current market cap of WEN is $62.15M. It is calculated by multiplying the current supply of WEN by its real-time market price of $62.15M.
How do I store Wen (WEN)?
You can securely store your Wen in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your WEN include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Grass (GRASS) to cash?
You can instantly exchange your Grass (GRASS) for cash using KuCoin's Fast Trade feature. This feature enables you to convert GRASS to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.