WeWake Presale Hits $520K as SHIB Dips 7% in a Week

WeWake Finance has reached a significant milestone as its Stage 7 presale raised over $520,000 at a token price of $0.0190 per WAKE. The project is inching closer to its $560,000 target for this stage, with the next phase set to increase the price to $0.0205 per token [1]. The gradual increase in price per token reflects the project’s strategy of building token value during the early fundraising phase.

The platform is designed to function as a Layer 2 blockchain built on a zk-rollup framework, which enables fast, gas-free transactions. By eliminating the need for traditional wallets, seed phrases, or gas payments, WeWake aims to lower the entry barrier for new users. The system uses smart wallets that are automatically generated when users sign up, supporting seamless access via social media accounts [1]. Developers are also provided with tools for building decentralized applications, including token swaps and NFT minting capabilities.

Looking ahead, a testnet launch is expected in early 2026, alongside software development kits (SDKs) that will ease the integration of external apps into the network. WeWake’s token supply stands at 308,726,951, with 32% allocated for the presale and the remainder reserved for staking rewards, ecosystem support, and treasury operations. A whitepaper has been published detailing the platform’s architecture, security model, and long-term roadmap [1].

In contrast, Shiba Inu (SHIB) has seen a 7% decline in price over the past week, despite posting a 1% gain in the last 24 hours. The token currently trades at $0.000012, with average daily trading volume hovering near $197 million. SHIB recently broke out of a descending price channel that had been in place since late 2024 and is now consolidating within a narrow range between $0.000011 and $0.000012. Analysts have noted that if the price continues to hold above this range, it could potentially target levels of $0.000014, $0.000018, $0.000021, and $0.000025 [1]. Accumulation activity observed in this range suggests that buyers are preparing for a potential upward move.

The contrast between WeWake and SHIB highlights a broader trend in the 2025 crypto market: projects that emphasize usability and accessibility are gaining traction. While older tokens face volatility and correction phases, new platforms are drawing interest by solving common user frustrations, such as high transaction costs and complex onboarding processes [1]. WeWake’s focus on wallet-free access and gasless transactions aligns with this shift in user expectations.

As the WAKE presale moves into Stage 8, the platform’s steady progress in raising funds and its structured tokenomics suggest a solid foundation for future development. Investors and developers are closely watching how the project evolves as it moves closer to its testnet launch and broader adoption goals [1].

Source: [1] WeWake Presale Hits $520K as SHIB Drops 7% in a Week (https://coindoo.com/wewake-presale-hits-520k-as-shib-drops-7-in-a-week/)