Why an Elephant ($WHY) (WHY)

“Why an elephant” ($WHY) is a memecoin representing a bipolar elephant that became mad after missing every 100x crypto in during the 2019-2024 bull runs. Because of this, he came to manically chase the next “potential 100x” one day expecting to achieve this goal. 

As of October 22, the token boasts a $93M Market Capitalization, being the 472nd cryptocurrency in the entire market and over $6M of trading volume within the last 24 hours. 

$WHY, having the title of one of the largest memecoins on the BNB chain, actively partnering with the four meme launchpad contest events, and even sponsoring some meetups of the BNB Chain foundation. It has even become one of the winners of the BNB Chain Foundation’s Gas Grant Program with a prize pool of over $1M in total. 

Those achievements also were noted by Trust Wallet, one of the largest web3 wallets in the space and a close partner of the BNB network foundation. As a result,  the Trust Wallet team invited  Why an Elephant to become the first project launched via Trust Wallet launchpool. According to the announcement by Trust Wallet, the Why an Elephant has allocated over 4.2T of $WHY tokens, worth over $1M.

Taking into account that info, our team conducted a detailed analysis of the $WHY memecoins and found some interesting pros and cons of the protocol:

✅ Why an Elephant ($WHY) pros:

• Relatively low FDV ($98M), compared with other top memecoins in the market;
• High Growth marketing score;
• Above-the-average SMM, and PR scores;
• Presence of the top-tier partners such as BNB chain foundation & Trust Wallet.

❌ Why an Elephant ($WHY) cons:

• Low influencer marketing performance;
• Very low SEO, and Marketing infrastructure scores;
• No backers;
• Anonymous team.