📉$WET — current market snapshot
As of now, WET trades at about $0.00000525, with a circulating supply of ~1 billion tokens.
In Pakistani Rupees (PKR), that’s roughly ₨ 0.00147 per WET.
On major trackers, WET’s market-cap and volume are tiny — ranking extremely low among all crypto tokens.
In short — WET remains a very small-cap, high-risk token, and its current trading metrics reflect that.
📌 Recent major developments
WET’s listing on a dedicated platform: The sub-exchange/platform Binance Alpha has recently added WET for trading. That gives WET exposure on a more reputable venue vs just obscure DEXes.
Airdrop & launch activity: As part of this listing, there was an airdrop event (200 WET to eligible traders under certain conditions), signaling that the listing isn’t just a quiet listing — there’s actual incentive to draw interest.
But — a big strike against it: the presale of WET (on Solana network) was reportedly “sniped” by a botnet / automated wallets which drained a large share of allocation within seconds. That severely damaged confidence in the fairness and legitimacy of the launch.
⚠️ Key risks & community sentiment
The sniping/bot attack on the presale undermines trust. When automated bots override genuine participation, the “fair launch / decentralized” promise of tokens like WET takes a big hit.
Liquidity & volume remain minimal: With such low trading volume and low market-cap, getting in/out at decent prices could be hard; slippage risks and volatility are high.
Overall risk: WET is clearly high-risk — more akin to a speculative “moon-shot or bust” token rather than a stable project with fundamentals backing it.
🔭 What potential upside remains — and what would have to go right
Listing on Binance Alpha gives some legitimacy / awareness which could attract traders who might’ve avoided unknown DEXs. If liquidity improves, WET might see modest short-term interest.
If the project behind WET (or associated ecosystem) gains traction — for example through real DeFi-use or utility adoption — the token could see speculative spikes (though probability seems low with current fundamentals).
A “cleaner” re-launch or credible roadmap from the team — especially after the messy presale — could somewhat restore confidence.
✅ My view: WET remains speculative — maybe worth a tiny, risk-only portion if you’re daring
If you’re considering WET: treat it like a lottery ticket. Maybe allocate only a tiny fraction of “disposable / high-risk capital,” and only with expectation that you might lose all. If you invest, be prepared for high volatility, low liquidity, and possibly little gain$WET
