Wen (SOL: $WEN) is a Solana meme coin that is working to revolutionize the concept of fractional NFTs. The meme coin is based on a cute cat mascot, which aims to be one of the world’s best-known IPs.
Wen Origins
Wen began with a free airdrop to over a million recipients. The initial launch did not involve influencers, whales, or insiders. At the time, this made Wen the widest-distributed meme coin airdrop on Solana.
The Wen Foundation also runs two other X accounts, besides the main $WEN meme coin account. These two accounts, @shouldhavecat and @postsofcats, promote Wen to the masses while bringing together a community of cat lovers.
Fractional NFTs
The Wen Foundation launched the Wen New Standard (WNS) to standardize the fractional NFT market. This standard was launched in collaboration with JUP Research, the research arm of the Jupiter decentralized exchange. Jupiter’s founder is also behind the $WEN meme coin.
With fractional NFTs, an NFT can be broken down into small parts, with each token representing partial ownership of an NFT. The team that launched the Wen New Standard aims to make it as easy as possible for anyone to launch NFT projects. WNS was developed via the LFG Launchpad on Jupiter, with the Solana network as the launch base.
WEN Tokenomics
The token launched with a total supply of a trillion tokens. These tokens represent fractional ownership rights in poems created by @weremeow, the founder of the Jupiter DEX and WEN meme coin.
70% of the tokens went to airdrops, 20% to liquidity pools, while 10% of the tokens were used to cover development costs. As of Tuesday, March 4, 2025, there are 727.71B WEN in circulation, with the rest permanently taken out of circulation.
Market Performance
$WEN has held onto its value quite well, even as NFTs have dipped in popularity. As of March 4, 2025, it has a market cap of $21.44M and a 24-hour trading volume of $9.66M. The token has risen 16.43% in the past week to $0.00002941.
Since its all-time high of $0.000519 on March 27, 2024, the token’s price has dipped by 94.38%. However, since its all-time low of $0.00002245 on February 25, 2025, the token has turned a corner and is up 289.98%.
Social Media Following
$WEN has a huge online following, with 157.5K followers on X and 11,803 members in theTelegram group.
Should You Add WEN To Your Portfolio In 2025?
$WEN is backed by the founder of the Jupiter decentralized exchange and has quite a huge social media following. More importantly, $WEN introduces the innovative concept of fractional NFTs, with the meme coin as the first use case.
All these factors combined mean that WEN could potentially experience explosive growth in the medium and long term. Consequently, adding the meme coin to your portfolio could potentially pay off.
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