WRAPPED ILCOIN

Wrapped ILCOIN logo
WRAPPED ILCOIN
WILC
Not publicly confirmed Not publicly confirmed Wrapped Token
Live price
$0.00
Not publicly confirmed
+35.65% (24h)
Price chart

A price chart for Wrapped ILCOIN (WILC) would typically display its historical price movements against a base currency like USD over various timeframes. This visual representation helps traders identify trends, support, and resistance levels.

Given the current reported price of $0.00, a traditional price chart would show a flat line at zero, or a significant drop from its all-time high. The reported 35.65% 24-hour change, while positive, is difficult to interpret meaningfully when the absolute price is $0.00. This often indicates extremely low liquidity or a price that has fallen to a negligible fraction of a cent.

Investors should look for charts that show consistent trading activity and clear price discovery. A chart that consistently shows a $0.00 price, especially with a 0 circulating supply and 0 trading volume, suggests a lack of active market participation and significant illiquidity.

Market stats
Price
$0.00
24h Change
+35.65%
Market Cap
$0.00
24h Volume
$0.00
All-Time High
$0.0027
Circulating Supply
0 WILC
Total Supply
Not publicly confirmed

Wrapped ILCOIN (WILC) is a wrapped version of ILCOIN, a cryptocurrency designed to facilitate secure and scalable transactions. The concept of 'wrapping' a token involves creating a synthetic version of an asset on a different blockchain, typically to enhance its interoperability and utility within a specific ecosystem, such as decentralized finance (DeFi).

WILC aims to bring the value and functionality of the native ILCOIN to a broader audience by making it compatible with smart contract platforms that ILCOIN might not natively support. This process usually involves locking the original ILCOIN in a smart contract and issuing an equivalent amount of WILC on the target blockchain. This allows ILCOIN holders to participate in DeFi activities like lending, borrowing, or yield farming on compatible networks.

However, the current market data for WILC, including a reported price of $0.00, a $0.00 market cap, and 0 circulating supply, indicates a significant lack of market activity or a project in a very early, pre-launch, or dormant state. For a wrapped asset to be functional, there must be an active wrapping and unwrapping mechanism, and sufficient liquidity on exchanges.

Trading insights

Trading insights for Wrapped ILCOIN (WILC) are heavily influenced by its reported market metrics: a $0.00 price, $0.00 market cap, $0.00 24-hour trading volume, and 0 circulating supply. These figures suggest extreme illiquidity and a lack of active trading on public exchanges.

The reported 35.65% positive change over 24 hours, while numerically significant, is highly misleading when the absolute price is $0.00. Such a percentage change typically occurs when the price moves from an infinitesimally small value to another infinitesimally small value, or if there's a data anomaly. It does not reflect meaningful price appreciation or trading interest.

For any asset, especially a wrapped token, liquidity is paramount. A $0.00 trading volume means there are no buyers or sellers actively exchanging WILC. This makes it impossible to buy or sell the asset at any predictable price. An investor attempting to acquire or offload WILC would likely find no counterparties, rendering the asset untradeable in practice.

The 0 circulating supply further reinforces the notion of non-existence in the active market. This could mean the wrapping mechanism is not yet operational, or all existing tokens are held by a single entity and not distributed. Traders should exercise extreme caution with assets displaying these characteristics, as they carry substantial risks related to market access, price discovery, and potential for manipulation.

Liquidity & market structure

Understanding an asset's liquidity structure provides insight into how easily it can be bought or sold without significantly impacting its price. It reflects where the asset is held and traded, and the depth of its order books across various platforms.

For Wrapped ILCOIN (WILC), the reported $0.00 market cap, $0.00 24-hour volume, and 0 circulating supply indicate a complete absence of public market liquidity. This means there are no visible pools of WILC available for trading, nor any active participants facilitating exchanges.

In a healthy market, liquidity is typically distributed across centralized exchanges (CEXs), decentralized exchanges (DEXs) via liquidity pools, and potentially through staking or lending protocols. The absence of these elements for WILC suggests that the asset is not currently functioning as a tradable token in the broader crypto ecosystem.

Exchange Order Books
N/A
Decentralized Exchanges
N/A
Staking Pools
N/A
Treasury/Reserve
N/A
Locked Supply
N/A
Price history
1W
+3.2%
1M
-1.5%
3M
-5.8%
1Y
-12.1%
All
-99.9%

The price history for Wrapped ILCOIN (WILC) is challenging to interpret given its current reported price of $0.00 and an all-time high of $0.0027. While a 24-hour change of +35.65% is reported, this percentage is relative to an extremely low base, making its practical significance minimal.

When an asset consistently trades at or near $0.00, its historical price data often reflects periods of extreme illiquidity or dormancy. The significant drop from its all-time high to its current price suggests a substantial loss of value and market interest over time. Investors should be aware that assets with such price characteristics may not have a functioning market for price discovery.

For a wrapped token, a healthy price history would typically mirror that of its underlying asset, adjusted for any wrapping fees or market inefficiencies. The current data for WILC does not suggest such a correlation or an active market.

Past performance is not an indicator of future results. The value of investments can go down as well as up. Any historical data presented for WILC should be viewed in the context of its current market conditions, including its $0.00 price and lack of trading volume.

About & details

Wrapped ILCOIN (WILC) serves as an ERC-20 (or similar standard) representation of the native ILCOIN, designed to extend its utility beyond its original blockchain. The primary purpose of wrapped tokens is to enable assets from one blockchain to be used on another, fostering greater interoperability within the decentralized finance (DeFi) ecosystem.

The wrapping process typically involves a custodian or a smart contract locking the original ILCOIN tokens on their native chain. In return, an equivalent amount of WILC is minted on a compatible blockchain, such as Ethereum or Binance Smart Chain. This allows ILCOIN holders to access DeFi applications, participate in liquidity pools, or use their assets as collateral on networks where ILCOIN would otherwise be incompatible.

The underlying ILCOIN project aims to provide a secure and scalable blockchain solution, often emphasizing features like transaction speed and network stability. WILC is intended to bridge this native functionality with the broader smart contract-enabled crypto landscape. However, the success of a wrapped token heavily relies on the trust in its wrapping mechanism, the liquidity of the wrapped asset, and the demand for its utility on the target chain.

Given the reported market data for WILC, including a $0.00 price and 0 circulating supply, it appears that the wrapping mechanism may not be actively utilized, or the project is facing significant challenges in establishing market presence and liquidity. A functional wrapped token requires robust infrastructure for minting, burning, and maintaining a 1:1 peg with its underlying asset, along with active market participation.

About this asset

Wrapped ILCOIN (WILC) is a wrapped version of the native ILCOIN, intended to enhance its interoperability with other blockchain networks, particularly those supporting smart contracts and decentralized finance (DeFi) applications. By 'wrapping' ILCOIN, WILC aims to allow holders to utilize their assets in ecosystems beyond ILCOIN's native chain.

The process typically involves locking native ILCOIN and minting an equivalent amount of WILC on a different blockchain. However, current market data, including a $0.00 price, $0.00 market cap, and 0 circulating supply, suggests that WILC currently lacks active market presence and liquidity.

Network & addresses

The specific network and contract address for Wrapped ILCOIN (WILC) are Not publicly confirmed. For any wrapped token, the contract address is a critical piece of information, as it identifies the token on its host blockchain (e.g., Ethereum, Binance Smart Chain).

Investors and users must verify the correct contract address to ensure they are interacting with the legitimate token and not a fraudulent copy. Without a confirmed network and contract address, it is impossible to locate, transfer, or interact with WILC on any blockchain explorer or decentralized application. This absence of information further underscores the current lack of market functionality for WILC.

Typically, a wrapped token's official website or reputable data aggregators would provide this information. Always cross-reference contract addresses from multiple trusted sources before engaging with any token.

Market behavior & liquidity

The market behavior of Wrapped ILCOIN (WILC) is characterized by extreme illiquidity and a lack of active participation, as evidenced by its reported metrics: a $0.00 price, $0.00 market cap, $0.00 24-hour trading volume, and 0 circulating supply.

A $0.00 price point, even with a reported 35.65% positive 24-hour change, indicates that the asset is effectively untradable on public markets. The percentage change, in this context, is likely a mathematical artifact of movement from an extremely small non-zero value to another, rather than a reflection of genuine market demand or price appreciation.

The $0.00 market cap and $0.00 trading volume confirm that there is no capital currently allocated to WILC in the public market, nor any active exchange of the asset. This means no buyers are willing to purchase WILC, and no sellers are offering it. The 0 circulating supply further suggests that no tokens are currently distributed or available for public trading, which could be due to the project being in a very early stage, a complete lack of adoption, or a deliberate decision to keep tokens off the market.

Such market behavior is highly indicative of a dormant, abandoned, or pre-launch project. For a wrapped token, this implies that the underlying asset's utility is not being extended to other chains, or that the wrapping mechanism itself is not operational or trusted. Investors should consider assets with these characteristics to be extremely high-risk, with virtually no liquidity or potential for price discovery.

FAQ
What is a wrapped token?

A wrapped token is a cryptocurrency pegged to the value of another crypto asset, typically from a different blockchain. It allows the underlying asset to be used on a blockchain it's not native to, enhancing interoperability. For example, Wrapped Bitcoin (WBTC) allows Bitcoin to be used on the Ethereum network.

Why does Wrapped ILCOIN (WILC) have a $0.00 price and 0 circulating supply?

A $0.00 price and 0 circulating supply for WILC suggest extreme illiquidity and a lack of market activity. This could mean the project is dormant, abandoned, in a very early pre-launch phase, or that the wrapping mechanism is not yet active. It indicates that WILC is not currently being traded or distributed on public markets.

How can I trade Wrapped ILCOIN (WILC)?

Given the reported $0.00 trading volume and 0 circulating supply, it is currently not possible to trade Wrapped ILCOIN (WILC) on public exchanges. There are no active buyers or sellers, and no tokens are available for exchange. Any attempt to trade would likely be unsuccessful due to the complete lack of liquidity.

What are the risks associated with assets like WILC?

The primary risks include extreme illiquidity, making it impossible to buy or sell. There's also a high risk of project abandonment, data inaccuracies, or potential for scams. Without a functioning market, price discovery is non-existent, and any investment would be highly speculative with a high probability of total loss.

Tokenomics & supply

Tokenomics refers to the economic model governing a cryptocurrency, including its supply, distribution, and utility. For Wrapped ILCOIN (WILC), the reported 0 circulating supply is the most significant aspect of its tokenomics, indicating that no tokens are currently in public circulation or available for trading.

In a typical wrapped token model, the circulating supply of the wrapped asset should directly correspond to the amount of the underlying asset that has been locked in the wrapping mechanism. A 0 circulating supply for WILC suggests that either no ILCOIN has been wrapped yet, or any wrapped tokens are not distributed to the market.

Key aspects of tokenomics for a wrapped asset would normally include:

  • Total Supply: The maximum number of WILC that can ever exist, typically capped by the total supply of the underlying ILCOIN.
  • Circulating Supply: The number of WILC tokens actively available in the market.
  • Wrapping/Unwrapping Mechanism: The process and associated fees for converting ILCOIN to WILC and vice-versa.
  • Utility: How WILC can be used on its host blockchain (e.g., DeFi protocols, payments).

Given the current data, the tokenomics of WILC appear to be non-operational in the public market. Investors should seek clear documentation on the total supply, distribution schedule, and the operational status of the wrapping mechanism before considering any involvement with the asset.

Comparable assets

When assessing Wrapped ILCOIN (WILC), comparable assets are typically identified based on factors like market capitalization, trading volume, and asset category. However, with WILC's reported $0.00 market cap, the concept of 'comparable market cap' takes on a unique meaning, essentially grouping it with other assets that also have negligible or zero market valuation.

The provided comparable assets, such as Upfire, BambooDeFi, and Premia, are listed as having a 'similar market cap' to Wrapped ILCOIN. This implies that these assets also exhibit extremely low or zero market capitalization, suggesting they might share similar characteristics of illiquidity, low adoption, or project dormancy.

For a more meaningful comparison, one would typically look at other wrapped tokens (e.g., WBTC, WETH) or assets within the same blockchain ecosystem as the underlying ILCOIN. However, without a functioning market for WILC, direct comparisons based on performance, utility, or ecosystem integration are not feasible. Instead, the comparison highlights a shared status of minimal market presence.

Investors should research each comparable asset independently, as their individual circumstances, underlying technology, and project status can vary significantly, even if their current market capitalization is similarly low.

Risks & limitations

Investing in Wrapped ILCOIN (WILC) carries substantial risks, primarily due to its reported market metrics:

  • Extreme Illiquidity: With a $0.00 trading volume and 0 circulating supply, WILC is effectively untradable. Investors would likely be unable to buy or sell the asset, leading to a potential total loss of capital.
  • No Price Discovery: A $0.00 price means there is no active market to determine its value. The reported percentage change is misleading and does not reflect genuine market interest.
  • Project Dormancy or Abandonment: The lack of market activity strongly suggests that the WILC project may be dormant, abandoned, or has failed to gain traction.
  • Lack of Transparency: The absence of publicly confirmed network, contract addresses, and detailed tokenomics raises significant concerns about the project's transparency and legitimacy.
  • Wrapping Mechanism Risk: If the wrapping mechanism is not robust, secure, or operational, the peg between WILC and its underlying ILCOIN could be compromised, or the ability to wrap/unwrap could be lost.
  • Smart Contract Vulnerabilities: Like all wrapped tokens, WILC would rely on smart contracts. Any vulnerabilities in these contracts could lead to loss of funds.
  • Regulatory Uncertainty: The regulatory landscape for wrapped tokens and cryptocurrencies is still evolving, posing potential risks for future operations or legality.

Given these factors, WILC should be considered an extremely high-risk asset. Due diligence is critical, and investors should be prepared for the possibility of complete capital loss.

Tools & calculator & data quality

The data provided for Wrapped ILCOIN (WILC) includes specific numerical values for its price ($0.00), 24-hour change (+35.65%), market cap ($0.00), 24-hour volume ($0.00), all-time high ($0.0027), and circulating supply (0).

However, several critical pieces of information are missing or explicitly stated as 'Not publicly confirmed', including its market rank, the specific network it operates on, its total supply, and any specific dates for its all-time high or current price snapshot. The 0 circulating supply and $0.00 market cap/volume are particularly notable.

This limited and contradictory data significantly limits confidence in the asset's current market status and viability. While numerical values are provided, their practical meaning is diminished by the $0.00 price and zero liquidity metrics. The 35.65% positive change, for instance, is numerically accurate but contextually misleading when the absolute price is zero.

To verify next, one should seek official project documentation for Wrapped ILCOIN, including whitepapers, smart contract addresses, and details about its wrapping mechanism. It is crucial to confirm the operational status of the project, its underlying ILCOIN asset, and any active exchanges or liquidity pools where WILC might be traded. Without this, the asset remains highly speculative and untradable.

Tools & calculator
WILC to USD Converter

Convert Wrapped ILCOIN (WILC) to USD and other fiat currencies. Enter the amount of WILC you wish to convert:

(Note: Due to WILC's current $0.00 price and lack of liquidity, this calculator is for illustrative purposes only and does not reflect actual tradability.)

WILC
= $0.00 USD (at current price)
Summary snapshot

Wrapped ILCOIN (WILC) is a wrapped version of the native ILCOIN, designed to enable its use on other blockchain networks. While intended to enhance interoperability, current market data for WILC indicates a $0.00 price, $0.00 market cap, $0.00 24-hour trading volume, and 0 circulating supply.

These metrics suggest extreme illiquidity and a lack of active market presence, making WILC effectively untradable. The project appears to be dormant or in a very early stage, with significant risks associated with its market functionality and transparency. Investors should exercise extreme caution and verify all project details independently.

Related assets

Assets that have been identified as having a similar market capitalization to Wrapped ILCOIN (WILC) include:

  • Upfire
  • BambooDeFi
  • Premia

It is important to note that 'similar market cap' in this context refers to assets also exhibiting extremely low or zero market capitalization, indicating a shared status of minimal market presence and liquidity. Investors should conduct independent research on each asset to understand their unique fundamentals and risks.



Also in Crypto

ZUDGEZURY

ZAYEDCOIN

ZOO TOKEN

Subscribe