June 7, 2024

Wen is a fascinating figure in the cryptocurrency world. The pseudonymous founder, known as Meow, is also the creator of Jupiter, a decentralized finance (DeFi) aggregator on the Solana blockchain. The token's origin story is particularly distinctive, as it began with a poem titled "A Love Letter to Wen Bros," which was minted as a non-fungible token (NFT) and then fractionalized into one trillion WEN tokens. 

This creative method of token distribution not only democratized access to the memecoin but also demonstrated the capabilities of NFT technology beyond art and collectibles. The philosophy of Wen is deeply tied to the community. 

What is the WEN token?

The WEN token is a unique cryptocurrency that has positioned itself as the "ultimate meme coin". The tokenomics of Wenwen Coin are simple, with 70% of the tokens airdropped to the community and 30% reserved for LP/strategic reserve. 

The Wen Foundation, a group dedicated to giving back to the Solana community, supports the development of public goods and further amplifies the message of what is only possible on Solana. The Wen Foundation’s first contribution is Wen New Standard (WNS), an open-source NFT standard meant to be expanded by any member of the community.

Here are some other things you need to know about the token:

  • Trading Volume (24h): The trading volume of WEN in the past 24 hours is $27,507,737.
  • Circulating Supply: The circulating supply of WEN is 727,716,951,329 tokens.
  • Total Supply: The total supply of WEN is 727,716,951,329 tokens.

Trade WEN

Thinking about diversifying your memecoin assets? MEW might just be the ticket! All you need to do is acquire some MEW tokens. Head over to our trading page and claim your memecoins. Let’s make your portfolio meow!

! Disclaimer

The information provided in this article is for educational and informational purposes only and should not be construed as financial, tax, or legal advice or recommendation. Dealing with virtual currencies involves significant risks, including the potential loss of your investment. We strongly recommend you obtain independent professional advice before making any financial decisions. The products and services offered by Cryptology may not be suitable for all users and may not be available in certain countries or jurisdictions. The promotional materials do not guarantee any specific outcomes or profits from virtual trading. Past performance is not indicative of future results. It is important to read and understand the risks, which are explained in our Risk Disclosure Statement

Tom F.

Tom is one of the content managers here at Cryptology. While still fresh in his career he has been able to firmly place himself within the world of crypto and content creation, producing work for a number of publications including esports.net and The Times of Malta newspaper.