The recent incident at the 2022 Academy Awards has created new opportunities for those using blockchain technology for investment.
After Will Smith shocked the entire world with his gesture in which he slapped Chris Rock following a joke at the expense of his wife, Jada Smith, insiders seized the opportunity and launched a new memecoin.
The Will Smith Inu (WSI) cryptocurrency is available on the UniSwap platform, and its fluctuations can also be tracked on Binance, but without being tradable.
According to coinmarketcap.com, The Will Smith Inu (WSI) coin is traded at $0.0000008011 USD at the time of writing with a trading volume in the last 24hrs of approximately $2,832,918 USD and is currently ranked #3002.
What are Twitter users saying about the WSI coin launch?
Will Smith Slap Dao - NFT collection
Not only was a cryptocurrency launched in honour of the event, but also a collection of NFTs (non-fungible tokens), immortalising the moment, which made a splash on the NFT trading markets.
The collection can be found on opensea.io and includes 1,998 items priced between 0.001 and 0.02 ETH.
Should I invest in WSI before I seize the moment?
Before any financial investment (be it cryptocurrencies, NFTs or stocks), you should analyse in advance the projects that appeal to you in order to avoid possible unpleasant situations.
A project gives you confidence when all the necessary information about it is published (whitepaper, supply, tokenomics, etc.) so that investors can make informed decisions.
Remember that the cryptocurrency market is volatile, and therefore you should not invest more money than you can afford to lose.
If you want to learn more about the cryptocurrency market, follow the completely free course Get started in crypto.
The information and news provided on this blog does not constitute financial, business or any other advice.
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