I. Project introduction
WATER is a Meme coin based on Solana blockchain, with the theme of water resource protection and integrating charity concepts. The project collaborates with top charities and decision-makers through global marketing and social activities to raise public awareness of environmental protection and charity.
WATER is dedicated to leveraging the power of the cryptocurrency community to advance global philanthropic and environmental efforts, creating a positive global impact through its unique strategy and community-driven activities.
Ⅱ.Narrative Description
WATER aims to integrate the entertainment characteristics and social responsibility of cryptocurrency, and is committed to "injecting vitality into the earth" by supporting global charity and environmental protection projects. The project will use celebrity effects and large-scale marketing strategies to enhance its influence and attract wider public participation and attention. Through these strategies, WATER hopes to establish an active and meaningful community to promote the development of environmental protection and charity activities.
III. Market value expectations
WATER quickly attracts a large amount of market funds and users' attention through unique themes and market strategies, and adopts a unique Gamification mechanism (freezing and evaporation) to motivate holders. During the pre-sale phase, a single wallet is limited to purchasing no more than 200 SOL to prevent market manipulation. Regular destruction events are also planned, and a portion of the destroyed tokens will be donated to charitable organizations. The project team is proactive and the market is optimistic.
The project raised 200,000 SOL within 1 minute after the start of the pre-sale, and 300,000 SOL within 5 minutes, worth about $41 million, making it the largest MEME coin pre-sale case to date. More than 26,000 wallet addresses participated in the pre-sale, and the market funds were extremely optimistic about WATER. Moreover, the team behind WATER is the same team that previously made the popular MEME token BEER on Solana. BEER had previously pre-sold 30,000 SOL worth nearly $5 million on May 20th. After the launch, the price of BEER tokens soared, with a maximum increase of 30 times and a market value of up to $500 million.
The project team has achieved remarkable results in the past, and the market expects WATER to achieve similar growth multiples. We may soon see WATER's market value successfully enter the T0 tier of the Sol chain and become an undeniable Meme token.
IV. Economic models and on-chain chip analysis
The total supply of WATER is 88,888,888, and the allocation strategy is as follows:
Pre-sale: 31,111,111 WATER, accounting for 35% of the total supply.
Liquidity: also accounts for 35%, used to provide market liquidity.
Financial and community funds: 17,777,777,778 WATER, accounting for 20%, for community development and operation.
Foundation: 4,444,444,444 WATER, accounting for 5%, supporting the long-term development of the project.
Early contributors: 4,444,444,444 WATER, also accounting for 5%, rewarding early supporters of the project.
The current on-chain data further reveals the active trend of WATER in the market. The liquidity pool has locked in about 9.59 million US dollars, which is conducive to enhancing the trust and support of the market for WATER. In addition, the 24-hour trading volume is as high as 170 million US dollars, reflecting the extremely high market activity level and trading interest. The number of on-chain holders has reached 45,178, and the 24-hour trading frequency is 130,000, which not only proves the strong liquidity of WATER, but also highlights its large and active community foundation.
These data reflect the important position and growth potential of WATER in the Meme sector.
V. Risk Warning
1. The cryptocurrency market is volatile, and token prices can be influenced by market sentiment and external factors.
2. MEME tokens are often easy targets for short-term speculation, with volatile prices and a lack of long-term value support.
VI. Official links
