The cryptocurrency $WZRD, associated with the original 2013 Bitcoin Wizard meme, has seen a significant increase in market capitalization and trading volume, outperforming other meme coins such as $PUPS. Initially valued at approximately $35M, $WZRD's market cap surged to $100M, marking a 500% increase in the last four days and a 1000% increase over the week. This growth has positioned $WZRD as a leading Bitcoin meme coin, surpassing $PUPS in volume while still being valued at 1/5 to 1/10th of its market cap. The coin's success is attributed to its roots in the Bitcoin community, with the Taproot Wizards project and notable developers like @MavensBot contributing to its popularity. Despite the competitive landscape, $WZRD's unique position as the 'OG' Bitcoin meme has fueled its ascent, with predictions of further growth amidst the broader adoption of meme coins in the cryptocurrency sector.
The fact $wzrd is doing more volume than $pups, which is being pumped to high heaven by every crypto influencer, is actually insane.
$WZRD just overtook $PUPS in volume on Unisat. Still only 1/5 the market cap. https://t.co/vLMu7V6m5H
$WZRD up 79% past 24 hours. Not even @blknoiz06 and @CryptoHayes pumping $pups (which I also own) can keep up with @bitcoinwizardry This price action in this environment tells you all you need to know about this coin. https://t.co/iWsBU3jWWe