The Wakanda Inu coin (WKD) and the Wakanda Inu contract address was created in 2021 by a group of young Africans and is a meme coin that is supported by the community. Since its introduction, the coin’s value increased as it raised $1 million.
WKD does not currently have a clear use case, like the majority of meme coins. However, the idea behind the coin is really cool.
Africans have had to watch as initiatives from other continents steal the show ever since cryptocurrency became a global phenomenon, and Wakanda Inu has since been on a mission to change that.
The price of WKD has increased substantially since its release. After increasing by over 700% in its first week of issuance, the coin became a hit on the internet.
Wakanda Inu has taken the African crypto space by storm with various publications flying across the social space.
Since the project completed its token sale in the Pinksale finance platform and began trading on the decentralized cryptocurrency exchange Pancakeswap finance, it has recorded some impressive feats over the past few days. See our thoughts on Shiba Inu in our other article.
As we continue on into the Wakanda Inu project, here are five (5) things you need to know about the Wakanda Inu project.
1. It is not owned by anyone
It is normal in the cryptocurrency industry for projects to have a CEO, CMO, Business Developer, etc as is the structure for many established businesses.
However, in the Wakanda Inu project, there is no CEO or CMO, there is basically no leader.
The project is a community project and everyone comes together to promote it and ensure its growth.
For community projects, the idea is that if the project does well, it is for everyone’s good and if it fails, it is the community that still bears the heat, so there is a commitment to see the project grow and prosper.
And of course, there are those who are just there for the profit.
2. Wakanda Inu is more than a Meme Token
The Wakanda Inu started as a meme token. The meme token has created a movement amongst Africans which is visible across the social space.
The Wakanda Inu token is currently undergoing an audit from the leading smart contract auditors in the cryptocurrency space.
This sends the signal that security is of great importance. According to the website, there will be a community vote to build several products such as NFTs, Farming, Staking, Decentralized Exchange, etc.
3. Wakanda Inu is made by Africans for the world
One of the major drivers of the Wakanda Inu project is the community behind it.
Self-motivated and high-spirited individuals from across the continent have deep conversations about what the token could be and its symbolic representation to the African people.
The conversation across the social space is basically around one question. Is this going to be Africa’s biggest crypto export?
4. Impressive financial power
In movies and documentaries, Africans are mostly portrayed as poor people. While there are poor people in Africa and across the world, a lot of average people across the globe cannot imagine the financial influence Africans have.
In an interesting move, the African community came together to raise almost a million dollars in less than 24 hours.
This fund came from multiple retail crypto natives and signals one of the largest crypto fundraisers by Africans in a single project in that time period.
5. Unlimited possibilities with a loyal community
One of the interesting things about cryptocurrency projects is that if there is a large community around a project that is loyal, there is no end to what the project can achieve.
Wakanda Inu already has its “warriors” storming the social spaces. On its Telegram community, there are thousands of messages per hour.
With such an active and loyal community, the possibilities with the Wakanda Inu project could be limitless – and that is what crypto essentially is. Freedom to become anything.
Where to buy the Wakanda Inu Token
Being a new coin, WKD isn’t available everywhere. However, some major exchanges have been able to get ahead of others after noticing the coins’ appeal. To buy this coin, you will need a Wakanda Inu contract address.
How to buy Wakanda Inu on MetaMask
If you’re looking for an alternative method of buying Wakanda Inu, you could try MetaMask – one of the most popular wallet apps.
To buy Wakanda Inu using MetaMask, you’ll need a MetaMask wallet with some Binance Coin (BNB) in it and most importantly, the Wakanda Inu contract address. You can simply buy BNB and send it directly to your MetaMask wallet. All you have to do is:
- Go to your preferred crypto exchange app and click on “Wallets”
- Select “Binance Coin” and choose “Send”
- Enter the MetaMask wallet address and confirm your transfer
Once you’ve funded your wallet with BNB, here’s what you do:
- Head over to the Wakanda Inu website
- Click on “Buy” at the top right-hand corner
- You’ll be redirected to PancakeSwap – a decentralized crypto exchange
- At the top right side, click on “Connect Wallet” and select “MetaMask.” You’ll be able to connect your MetaMask wallet address here
- Back on the page, enter how much WKD you’d like to buy in the “Swap“ section
- Click on the “Settings” icon and set your slippage rate to 1%
- Go back to the swap section and put a “.00” behind the WKD value you’re buying
- Click on “Swap Balance”
- Head over to your MetaMask wallet and click on “Import Tokens”
- Paste the Wakanda Inu contract address, click on “Add Token,” then “Import Token”
- And you’re done!
How to buy Wakanda Inu on TrustWallet
TrustWallet is another popular wallet that allows you to buy Wakanda Inu. To add WKD to your TrustWallet, simply open your TrustWallet app and click on the tab at your top right-hand side.
Scroll down and click on “Add Custom Token”
You’ll have to fill in some details manually. They include:
- Network: Smart Chain
- Wakanda Inu Contract Address: 0x5344C20FD242545F31723689662AC12b9556fC3d
- Name: Wakanda Inu Token
- Symbol: WKD
- Decimal: 9
Click on “Save,” and you will be able to see WKD on your wallet home screen. See our other post about buying the dip
Wakanda Inu Contract Address
A contract address is the exact location of a contract that manages a coin on a blockchain. It’s a lot of technical stuff, but you need to know it when you’re trying to buy a coin.
Wakanda Inu contract address is 0x5344C20FD242545F31723689662AC12b9556fC3d. When you’re trying to add WKD to your wallet, you’ll need it. Just copy and paste into the appropriate section, and you’re good to go.
Bottom Line
WKD is here to stay. It has become one of the most exciting crypto projects to come out of Africa, and its growing community of fans shows that the coin has a bright future. There are several other fantastic crypto projects that you can be a part of by downloading the Bitmama app on iOS and Android
