Wise Token is an ERC20 token on the Ethereum blockchain. Some of the things that make Wise token unique is a large ownerless liquidity pool, a fair distribution of tokens, and the ability to earn interest by locking up your wise tokens to earn more wise tokens.
I would first like to start off by stating that my definition of "failure" in this post is in regards to certain facts.
Fact #1 - All indivudals who invested in wise token is down on their investment by 44% (According to coinmarketcap).
Fact #2 - Wise token has a daily buy volume of less then 50,000 USD.
Fact #3 - No one on social media is promoting or even mentioning wise token on a regular basis.
However, despite all of these facts wise token raised 8696 Ethereum three years ago. At this time investors were coming off of the hype that another cryptocurrency called Hex caused and were hoping that Wise token would be the next Hex. However, Wise Token performed horribly upon launch and is performing horribly till this day.
Despite Wise Token's poor performance it is still has some of the highest liquidity of all ERC20 and as Ethereum rises in value it is possible that the Wise token can also rise in value over time. Wise token in itself is not a bad token, if it had more marketing it could potentially perform will, but the current leadership of the project simply is not taking it in the direction that it needs to go to perform well.
Thanks for reading,
Mcdharyl Evra
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