#WhaleWatch (ticker WBOT) is an ERC-20 token whose function is linked to an app/web that allows tracking wallets (whale wallets) to see what tokens they buy/sell.
The app offers functionalities: whale purchase alerts, a list of the most purchased tokens by them, personalized wallet tracking, etc.
Another related project identified is Agent Whale Watch (AWW) on the Solana network, also called “Agent Whale Watch Token”.
🧐🤔 What is NOT clear / confusing aspects
🔸There is low transparency in some data: number of holders, token distribution, liquidity, audits, token locks (vesting), etc.
🔸There may be multiple projects with similar names (“Whale Watch”, “WhaleWatch”, “Agent Whale Watch”), which can cause confusion, including risks of copycats or less legitimate tokens.
🔸In several cases, liquidity is small, which implies a high risk of slippage or manipulation.
✍🏻 Possible advantages / utilities
🔸Useful information & signals Tracking what large holders (whales) do can provide clues for anticipated market movements.
🔸Community / emerging utility If the app/alerts are used well, it can generate value as a tool for active traders or investors.
🔸Appreciation potential if it grows If WBOT / AWW become popular, their token may rise due to adoption, speculation, hype.
🚫 Main risks:
🔻High speculation / volatility: small tokens, new projects, with little proof of legitimacy.
🔻Limited liquidity risk: it may be difficult to buy or sell without price impact.
🔻Security risk / smart contract: if there is no reliable audit, there may be vulnerabilities.
🔻Misleading marketing risk: big promises (“follow whales”, signals) that may not be fulfilled or may be overvalued.
🔻Risk of loss of interest: many tools like “whale alerts” already exist, if they do not stand out, they may not survive. $BTC $BNB
