• WadzPay faces scrutiny over WTK token supply and suspicious wallet activity.

  • Allegations of insider involvement raise concerns about price manipulation.

  • The community remains divided, waiting for clarity on the token's future.

WadzPay's recent controversies have left the community divided and frustrated. Over the past months, concerns have emerged about the company’s transparency, including issues with token supply and the movement of millions of WTK tokens through a previously unknown Polygon wallet. This has left many questioning the legitimacy of the project.

WadzPay Faces Greater Negative Speculation

To address the current negative sentiment, one WadzPay enthusiast makes a detailed post explaining the situation to other members of the WTK community and cites the changes that must be made for the community to come together again. This revival will need active communication and transparency from the WadzPay team. 

https://twitter.com/OttoBraun1976/status/1846282194186391756

The pos highlights how some loyal investors are holding onto their WTK tokens while others are calling it a scam. The debate is complex, as WadzPay is a legitimate business with real employees and partnerships. Unlike typical crypto scams, where both the company and the token are fraudulent, WadzPay's operations appear to generate revenue beyond just WTK’s utility.

WTK Holders Stand Strong Despite Frustration

However, questions have been raised about the handling of the WTK token. The post suggests that Anish Jain, the CEO of WadzPay, may be involved in minting and selling large amounts of WTK tokens, which could be contributing to price manipulation. Some claim that Anish has used an undisclosed Polygon wallet to move and sell these tokens, fueling suspicions about insider actions.

While there’s no conclusive proof links Anish to these activities, the lack of transparency has only added to the confusion. Many believe that if he had no involvement, a clear public statement could help dispel the rumors. In fact, some WTK holders are so loyal as to promise to hold even if the value of the altcoin drops to zero.For now, the WadzPay community remains in limbo, waiting to see how the situation unfolds. The confusion surrounding the case has only made it harder to determine what’s truly happening, leaving many investors anxious about the future of WTK.

The post WTK Holders Stand United Despite Continued Lack of Transparency and Communication From the WadzPay Team appeared first on Crypto News Land.