Walken is a move-to-earn (M2E) app that rewards users for walking and jogging. Users need to purchase NFT sneakers in order to participate, but they can then earn GEMs for every step they take. These tokens can be used to purchase new sneakers, upgrades, or traded for other cryptocurrencies.
The Walken crypto token is called WLKN. WLKN is the native token of the Walken ecosystem and is used to power all of the platform's features. WLKN can be used to:
- Purchase NFT sneakers
- Upgrade NFT sneakers
- Enter battles
- Participate in raffles
- Stake for rewards
- Purchase items on the Walken marketplace
WLKN is a SPL token, which means it is built on the Solana blockchain. Solana is a fast and scalable blockchain that is well-suited for M2E applications. WLKN is also a deflationary token, which means that the supply of WLKN will decrease over time. This is done by burning WLKN tokens when they are used to purchase NFT sneakers, upgrade NFT sneakers, or enter battles.
The current price of WLKN is $0.008419 USD. WLKN has a market capitalization of $3.79 million USD. WLKN is currently ranked #990 on CoinMarketCap.
WLKN is a relatively new token, so it is important to do your own research before investing in it. There are risks involved in investing in any cryptocurrency, and WLKN is no exception. However, Walken is a promising project with a lot of potential, and WLKN could be a good investment for those who are looking to get involved in the M2E space.
Here are some additional things to keep in mind about WLKN:
- WLKN is a volatile token, so its price can fluctuate significantly.
- WLKN is a new token, so there is still a lot of uncertainty about its future.
- WLKEN is a utility token, so its value is tied to the success of the Walken platform.
Overall, WLKN is a promising token with the potential to grow in value over time. However, it is important to do your own research before investing in it.