- The WTK price fell brutally following disappointment after the MEXC tier-1 listing.
- As the price continued to dump, the project’s CEO addressed the community with an AMA.
- He confesses to unfortunate roadblocks but looks forward to building for the future.
The WadzPay (WTK) community is experiencing a crushing time which followed after WTK’s praised tier-1 listing. A brutal fall in WTK price led to a massive 60% price drop within a month for the ambitious project. WadzPay CEO opened a conversation with an AMA to light a fire for the project once again, leaving the WTK community at a crossroads.
WadzPay CEO Leads AMA to Boost Community Sentiment
In detail, WadzPay (WTK) announced the long-awaited tier-1 listing for its native token. They promised 2 tier-1 listings and the speculation was high from the community to see a Binance listing for WTK. However, due to unfortunate circumstances, WTK made only 1 tier-1 listing which was revealed as MEXC.
This led to highly negative sentiments from the WadzPay community who were not only disappointed by the delay for the WTK but also by the news of a WTK leading member walking away from the project. The tier-1 listing news was announced in June leading to two different WTK price pumps by 60% and 25% accordingly.
Following this, the departure of Jason Sarria-Solis, a leading member collaborating with WTK for their stablecoin plan, led to major FUD within the WTK community. This paired with the delay of WTK listing to the final week of July and the disappointing announcement of only 1 tier-1 listing being MEXC led to huge negative sentiment leading to a massive sell-off from WTK holders and a seismic plunge in the price of WTK.
Diamond Hands Exhibit Unwavering Faith in WTK Potential
To revive sentiments, the CEO of WadzPay, Anish Jain led an AMA to answer the community’s more burning questions. During this event, he clarifies that Jason has left the project and that the WPC will be a layer 2 chain. He also admits to not having the funds for another tier-1 launch at the moment and explains that there will be no change to the project’s tokenomics.
If you are a $WTK holder and not letting the fud get to you please follow me. I will follow back. We can all look back at these smear campaigns and laugh. @WadzPay community y’all have been through the wringer and I want to tip my hat off to all of y’all.
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Whatever your…google news — WadzLAnD (@7Tx1LAd0) August 14, 2024
Instead, he sets sight towards the future where WadzPay Chain (WPC) will launch in the next 6-8 weeks along with staking and masternodes. Meanwhile, other prominent members of the WTK community urge other WTK holders to make a crucial decision. Either sell WTK and walk away so real WTK whales can accumulate, or accumulate despite the noise and have faith in the project’s long-term goals and stop giving in to FUD. The community now eagerly awaits for the project to hit its next milestone with WPC hoping to see WTK price rise accordingly.
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