2025.8.6 On-chain Vision

$WOJAK

Narrative

#WOJAK is a meme coin on Solana,

inspired by that “miserable expression” cartoon face (Wojak) that’s popular online. It represents a collection of feelings related to losing money, FOMO, discomfort, and the emotions of retail investors. The core of the project is: acknowledging that we are all like Wojak, but living on with a smile, and making some money along the way.

How did it become popular?

The community treats it as a “cultural coin” for speculation, coming together to self-deprecate, shouting “we’re all useless but want to make a comeback,” somewhat like the Solana version of $PEPE or $TROLL. A group of people on X (Twitter) share their holdings every day, keeping an eye on whale purchases, creating meme images to shout trades, creating an atmosphere of “we are the losers’ alliance.”

Previously, its market cap was only a few hundred thousand dollars, but it was boosted by a group of degenerates, surging more than tenfold, and now its market cap is between 3.4 million and 3.6 million dollars, with trading volume also increasing. But it's also a typical case of “meme coin surges and crashes,” with particularly large fluctuations.

Latest Updates

In the past 24 hours, the trading heat of $WOJAK has surged by 775%, with a total of 28,607 transactions, and a total trading volume of 7.1 million dollars, with buying and selling forces relatively balanced. Buy orders totaled 15,160, and sell orders totaled 13,447.

Buy amount is 3.6 million dollars, and sell amount is 3.5 million dollars. Among active participants, there are 4,055 buyers and 3,606 sellers, with the overall sentiment still leaning bullish, emotions running high, funds entering the market, but chips also flowing frequently, typical of the emotional meme coin trend.