- Woof Coin value decreased 100%.
- Woof is community based coin focusing on growing social community.
- To control production quantity, WOOF coins employ deflationary features.
Peck Shield Alert tweeted on February 6, 2023, stating that $woof has been dropped by 100%. The deployer drained 357 BNB. The WOOF to USD exchange rate is $0.00004827 today, down 18.2% from $0.000059002129 yesterday.
— PeckShieldAlert (@PeckShieldAlert) February 6, 2023
The drop of the woof coin was also predicted. It has been said that to make the WOOF price forecast easier to understand, they separated it into two parts: the near-term WOOF price forecast and the long-term WOOF price forecast. WOOF had trading activity of $25,731 at the time. The coin is currently listed on Bitrue, Raydium, and Orca.
WOOF is a community-based coin that works on the Solana blockchain due to its low speed and lower transaction fees. The platform is focused on developing the finest social and community coin for the Solana network. Furthermore, this network has created a fleet of products that are simple to use, allowing more novice traders to transact with simplicity. Furthermore, the WOOF network aspires to become a credible entry point for prospective investors in the crypto market by providing simple-to-understand materials.
The fundamental function of WOOF is to incentivize the provision of liquidity to the market. There would be considerably less motivation to supply liquidity if there were no block incentives. WOOF coins have deflationary aspects built in to regulate supply and assure that WOOF tokens may capture value for holders.
PeckShieldAlert is a Google Chrome plugin created by PeckShield, a pioneer in cryptographic protection. It sends you on-time notifications when people access crypto-related websites or interact with DEXs.