2026-01-08 15:21:09

WAL, a token that once caused quite a stir in the community.

In October 2025, a major exchange announced with great fanfare that it would list WAL. On the first day of trading, the token's performance was poor—dropping sharply from around $0.48 at open, with a decline of over 20% within 24 hours, reaching a low of $0.38. This disappointing debut left many feeling disappointed.

Behind the price plunge, the token distribution plan became the target of criticism. According to information at the time, approximately 99.5 million WAL were allocated to the exchange for marketing activities, while only 32.5 million were actually left for early community holders. This stark disparity immediately sparked heated discussions within the Sui ecosystem community—many believed that the project team had violated their previous "community-first" promise and felt betrayed.

Discussions about WAL on platform X quickly heated up, filled with community doubts and dissatisfaction. During that period, this topic became a focal point of attention in the Web3 community.

However, the story now has a twist. WAL's subsequent performance proved the persistence and expectations of some people. From initial controversy and disappointment to its current market performance, this journey itself reveals a lot—sometimes, today's turning point is the value of yesterday's lessons.

WAL6,48%

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MEVEye

· 01-11 14:57

It's the same old trick of "taking the blame first and then turning things around" again; exchanges are really incredible.

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MEVSandwichMaker

· 01-11 04:46

It's that same narrative of "trust us, we'll turn things around in the end"... relying on a slight rise later to whitewash what happened before.

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OnchainDetectiveBing

· 01-09 16:24

It's the old routine again—exchanges take the big share, and the community gets the leftovers... But I have to say, WAL didn't crash and die in the end; instead, it turned around, which is the key. It's much better than those projects that are forever stuck at the bottom.

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UrgentlyAsTheLawCommands,May

· 01-08 16:52

2026 Go Go Go 👊

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UrgentlyAsTheLawCommands,May

· 01-08 16:52

2026 Go Go Go 👊

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DAOplomacy

· 01-08 15:51

ngl the tokenomics play here is textbook path dependency... 9950m vs 3250m allocation split feels less like "community first" and more like governance theater, argues itself tbh

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LadderToolGuy

· 01-08 15:50

Once again, it's the same "community-oriented" rhetoric, turning around and giving 99.5 million to the exchange? Do they really think we're blind?

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MondayYoloFridayCry

· 01-08 15:48

It's the same story again, promising the community as the main result, and the exchange taking the biggest share. Truly unbelievable.

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SorryRugPulled

· 01-08 15:46

Is this the same old story, "Today’s turning point is yesterday’s lesson"? What about those who got cut early on? --- 9950 million allocated to exchange promotion, 3250 million to the community... The ratio is ridiculously off, no wonder it exploded back then. --- I just want to know if those who got trapped have now broken free now that it’s back up? --- Basically, it’s just tricking the community into taking the bait, and when it rises later, it’s just considered in the past? --- This story is told so smoothly... but what about the bottom line? --- Wait, is WAL still alive? I thought it was already dead. --- After a brutal 20% debut, it can still turn around... Are you telling a story or playing mind games? --- The community’s promises versus actual allocations, it’s really hard to hold up. --- A turn is a turn, but how could the difference between 9950 million and 3250 million be so easily accepted? --- Persistence? Or no place to run, so you have to cut losses and wait to break even?

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StakoorNeverSleeps

· 01-08 15:45

It's the same old trick... Exchanges allocate so much to promote themselves, and community token holders get cut off. Isn't this just the classic Web3 move?

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