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In the world of meme coins, it's common for cryptocurrencies to be inspired by things such as viral tweets or cute cat pictures. Now, a new project takes this concept even further by creating one of the first meme coins based on fractional NFTs. The novel design of the Wen project has attracted a lot of positive attention. In addition to its impressive trade volume, Wen has also managed to boost the popularity of its parent chain, Solana. Will this meme coin be a longtime favorite like Dogecoin — or is it likely to be a flash in the pan? Keep reading to find out.
Key Takeaways:
Wen is a Solana-based cryptocurrency built on the idea of fractional NFTs. Each person who holds WEN also has rights to a small portion of a viral poem entitled "A Love Letter to Wen Bros" by @weremeow.
The Wen project aims to promote positivity in the crypto community. Within the crypto world, it's popular to make fun of "wen bros" who are constantly asking creators "wen" they're going to release new digital assets. However, the poem that the Wen creators chose to turn into a fractional NFT is called "A Love Letter to Wen Bros."
Wen is a Solana-based cryptocurrency built on the idea of fractional NFTs. Each person who holds WEN also has rights to a small portion of a viral poem entitled "A Love Letter to Wen Bros" by @weremeow.