WATER Project Analysis
1. Institute Review
$WATER is being developed in collaboration with the creators behind $BEER, which previously achieved a presale return of over 35 times. Consequently, the presale amount for $WATER is also high. The community is primarily international. The token launched last night at 11 PM, with a 24-hour trading volume reaching $140 million. Liquidity in the pool is substantial, so keep an eye on it.
2. Recent Highlights
WATER and BEER are projects from the same team. BEER is a highly popular meme coin. WATER is also gaining significant attention, with very active trading and a trading volume exceeding $100 million. The presale amounted to 300,000 SOL, with over 30,000 holding addresses. Scientists were involved at the launch. It is expected that once the horizontal adjustment phase ends, a new trend will begin.
3. Project Introduction
$WATER is the next major memecoin on Solana, distinguished by its mission to have a net positive impact on the real world. Unlike other memecoins, $WATER focuses on funding global charities and research organizations, leveraging the power of the meme community to make the world a better place.
4. Token Functionality
- Staking: Just as water freezes into ice when it gets cold, $WATER tokens can be staked ("frozen") to earn rewards. Over time, stakers will receive additional $WATER tokens, simulating the accumulation of ice.
- Burning: When water is heated, it turns into steam and disappears. Similarly, $WATER tokens can be burned ("evaporated") to reduce the total supply, increasing scarcity and potentially the value of the remaining tokens.
5. Token Economics
- Total Supply: 88,888,888,888 $WATER
- Token Presale: 31,111,111,111 $WATER (35%)
- Liquidity: 31,111,111,111 $WATER (35%)
- Treasury and Community: 17,777,777,778 $WATER (20%)
- $WATER Foundation: 4,444,444,444 $WATER (5%)
- Early Contributors: 4,444,444,444 $WATER (5%)
6. Project Highlights
None
7. Investors
None
8. Community
The project has 190,000 followers on Twitter and 3,145,892 members in its Telegram group. The community is predominantly international.
9. Unique Economic Model
None
10. Future Outlook
None
Basic Information
Project Introduction:$WATER is the next major memecoin on Solana, distinguished by its mission to have a net positive impact on the real world. Unlike other memecoins, $WATER is essential for everyone, leading us to create the first meme token economy focused on funding global charities and research organizations. By harnessing the power of the meme community, we aim to collectively change the world and make it a better place.
Token Full Name: $WATER
Token Name: WATER
Project Website: https://watercoin.wtf
Project Documentation: None
Block Explorer: https://solscan.io/token/B6h248NJkAcBAkaCnji889a26tCiGXGN8cxhEJ4dX391
Liquidity Query: https://solscan.io/account/2c9F3UnMBxftqeSmsSCBw5yXjwD9hXFsMLXti9mqTwpr#balances
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CoinW Institute
2024/6/25