- WadzPay (WTK) saw a decline in value over the last couple of days.
- This was caused by FUD pertaining to one of the project’s leaders.
- WTK long-term holders remain resolute and expect the price to hit $10 in the long run.
The WadzPay (WTK) crypto project experienced an unexpected price decline as FUD sank amongst paper hands in the community. In response, diamond hands within the WTK community rationalize and look at the big picture, WTK’s explosive future.
In detail, the WTK fell from $0.048 to $0.031 between July 9 – July 10. This steep decline was caused by the fact that one of WadzPay’s leader’s Jason Sarria-Solis, changed his bio on X. While his X profile doesn’t mention his affiliation with WadzPay, his LinkedIn profile continues to do so.
Many new members of the WadzPay community say their resolve was shaken upon the affiliation removed on Jason’s X profile which led to mass selling of WTK. In return seasoned WTK holders insist on buying the dip even if Jason left the project. This is because ultimately WadzPay has come a long way, leagues from where it began.
So far, the project has secured licenses in many parts of the world to meet global standards and regulatory concerns. Thus, long-time holders believe that WTK is on the brink of a massive upward price explosion and encourage new holders to join the project for its vision, not its team alone.
One user specifically believes that the price of WTK will climb up to $10. He says all the price action on the WTK charts so far support this big picture conclusion. He made multiple posts sharing his insights on the matter and encouraged new users not to be influenced by FUD.
Over the last few months, WadzPay has secured a VASP and VARA license to set its mission in motion. By meeting regulations in the UAE, WadzPay will soon gain lots of global attention by working with Dubai clients.
Another aspect ushering bullish waves to the project is the fact that the WadzPay team mentioned that 2 tier-1 listings will be launched for WTK this month. So bullish was this news that WTK price spiked on July 1, 2024.
Since then, WTK holders have been speculating which tier-1 exchanges will meet the criteria for a WTK listing. Many expect Binance to be one as it offers a ramp for direct AED transactions which could be a crucial requirement for WadzPay’s Dubai clients.
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