A Walrus Coin is a digital cryptocurrency named after the walrus, often using the animal as its mascot or theme 🦭🪙.
In most cases, Walrus Coin is a community-driven or meme-style crypto project created on a blockchain network. Like other cryptocurrencies, it exists only online and can be bought, sold, or transferred between users using digital wallets. The walrus symbol is usually chosen to represent traits like strength, resilience, or uniqueness.
Depending on the project, Walrus Coin may be used for:
Trading and investment
Community rewards or tipping
Supporting decentralized apps (dApps)
Governance or voting within its ecosystem
Its value typically changes based on market demand, community activity, and overall trends in the crypto market. As with many small or new cryptocurrencies, Walrus Coin can be high-risk and volatile, meaning prices can rise or fall very quickly.