The current real-time price of WMEMO is $37.89. In the past 24 hours, WMEMO has traded between $37.29884 and $1,095.818, showing strong market activity. The all-time high of WMEMO is $107.332K, and the all-time low is $36.65.
From a short-term perspective, the price change of WMEMO over the past 1 hour is , over the past 24 hours is +714.09%, and over the past 7 days is -96.54%. These figures provide a quick overview of the latest price trends and market dynamics of WMEMO on LBank.-96.21%
The live price of WMEMO today is $37.89, with a current market cap of $0. The 24-hour trading volume is 8.784978677522382. The price of WMEMO to USD is updated in real time.
Before deciding whether to buy or sell WMEMO, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s WMEMO technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for WMEMO.
How much will WMEMO be worth tomorrow, next week, or next month in ? What about your WMEMO assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! WMEMO Price Prediction
To learn more about WMEMO, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x130e...f824f2  | 90 | 55.59% |
ethereum | 0x355d...5cb341 | 68 | 42% |
arbitrum-one | 0xf4e0...1ebc24 | 0 | 0% |
arbitrum-one | 0xd497...05fe65 | 0 | 0% |
arbitrum-one | 0xa879...8cd3b2 | 0 | 0% |
Other | 3.900495 | 2.41% |
In the original "3-token" system, TIME served as the base token of the protocol. When users staked their TIME tokens, they received MEMO (Memories) in return, which represented their staked position. To enable the use of these staked assets in other decentralized finance applications, MEMO could be wrapped into wMEMO (Wonderful Memories). This process created a token that maintained its value relative to the underlying MEMO but was more easily transferable and compatible across various platforms.
No, wMEMO is no longer considered the main or officially supported token. In August 2023, the DAO voted to transition to a new token called VOLTA. While wMEMO remains on-chain, VOLTA has taken its place as the primary token for all future governance activities and protocol functionalities within the re-branded Volta Club ecosystem. This shift signifies the project's evolution and strategic direction.
To migrate your wMEMO to the new VOLTA token, holders must utilize the official Volta Club dashboard. The migration process involves swapping your wMEMO directly on this platform. There is a predefined and fixed exchange ratio for this conversion, set at 1 wMEMO for every 330 VOLTA tokens. Users are advised to access the official Volta Club website or Discord channels for the most accurate and up-to-date instructions regarding the migration.
The "Sifu" fiasco refers to a major controversy in early 2022 when it was publicly revealed that Wonderland's pseudonymous Chief Financial Officer, known as "0xSifu," was actually Michael Patryn. Patryn had a history involving fraud and was a co-founder of the defunct QuadrigaCX exchange. This revelation severely eroded community trust, leading to widespread panic and a significant withdrawal of funds from the protocol's treasury, often described as a "bank run."
Following the "Sifu" scandal and the subsequent departure of co-founder Daniele Sestagalli from active management, the project underwent a significant structural change. It has now transitioned into a more decentralized autonomous organization (DAO) model. The project is managed by a community-elected team operating under the new brand name, Volta Club. Their primary focus now centers on venture capital investments and robust treasury management strategies.
Historically, wMEMO primarily served two key functions: providing governance rights and enabling revenue sharing. Holders of wMEMO had the ability to vote on crucial decisions regarding the DAO's treasury and future direction. Additionally, they could stake wMEMO in "The Farm" to receive distributions derived from the treasury's investment profits. However, with the migration to VOLTA, most of these utility functions have now transitioned and are active within the new VOLTA ecosystem.
Time (UTC+8) | Type | News |
|---|---|---|
01-15 21:17:27 | Market Information | Wonderful Memories (wMEMO) is the active token for Wonderland DAO, representing a proportional share of its asset-backed treasury and offering governance participation. Available across multiple chains, wMEMO transitioned from deprecated TIME/MEMO tokens in 2022, and rebases ceased the same year. Following Multichain issues in August 2023, liquidity is concentrated on Avalanche via Kyberswap, with bridging currently not recommended. Publicly available news beyond mid-2023 on new partnerships or significant protocol upgrades remains limited. |
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