While current data shows WAL trading around $0.12–$0.15, fears of a crash to $0.001 stem from "hyper-inflationary" tokenomics. The project’s annual reward of 312 million tokens continuously dilutes value, while early investors (with costs of just a few cents) are offloading millions.
$Additionally, stakers are facing heavy losses as rewards fail to offset price drops. Without significant growth in actual storage usage (currently only at petabyte scale), the massive sell pressure from unlocks could lead to a total liquidity collapse. $WAL #walrus @Walrus 🦭/acc
WAL
Alpha
0.12145
-0.09%