📊 Walrus (WALL) Market Analysis – High Risk, High Reward?
Current Price: $0.559
Support Levels: $0.48 | $0.38 | $0.20
Resistance Levels: $0.70 | $1.00
🔍 Tokenomics & Red Flags
⚠️ Circulating Supply: 1.2B (24% of total 5B supply)
⚠️ High Inflation: Projected 32% yearly inflation, increasing over time
⚠️ Major Unlock on Feb 28: 12% supply release will accelerate inflation
🚨 Inflation Warning: Over the next 13 months, supply will double, making it harder for prices to sustain gains. More tokens = more sell pressure = weaker price growth.
📈 Technical Outlook
✅ Bullish Case: If WAL holds above $0.48 for two days, targets of $0.70 and $1.00 are in play.
❌ Bearish Case: A break below $0.48 could see WAL drop to $0.38 or even $0.20.
⚡️ Final Thoughts
Walrus is a decentralized storage project built on Sui, but nothing groundbreaking compared to existing solutions. High inflation and a weak fundamental base make it a risky long-term hold. If it’s going to make moves, it needs to do so within a month before inflation catches up.
📢 Will WAL break out, or is it a ticking time bomb? Share your thoughts! ⬇️
