"Will the price of WAGMI rise again in the future?
Avalanche's famous developer Daniele Sestagalli redeveloped a project called WAGMI, popularly short for "we will succeed" that could raise the hopes of cryptocurrency traders again.
Following the decentralized finance (DeFi) Popsicle Finance also founded by Sestagalli, ICE holders are allowed to exchange their tokens with WAGMI using a blockchain-based tool.
Earlier in July 2023, WAGMI had announced that its platform would not only run on several blockchains but also offer various DeFi financial tools and services to users.
According to Sestagalli in a recent tweet, he is very confident that WAGMI is the best project he has ever done and is happy with the development even though the crypto market will be volatile.
While the crypto market is in bullish momentum in 2021, the Avalanche DeFi project called “Frog Notion” led by Sestagalli has attracted many followers when the project went live without pre-selling to venture capitalists.
Previously, Sestagalli has been behind Avalanche projects such as Wonderland, a treasury-backed crypto protocol, and Abracadabra, a platform providing collateral based on revenue assets deposited by customers.
He has also been one of the most influential developers in the crypto market when SPELL, TIME and MIM, the three tokens associated with the two projects have a combined market capitalization of over $6 billion.
Currently, the price of ICE is up 21.73% at $1.50 from $0.66 on September 19, 2023 and gained 153.86% over the last week while WAGMI has a market capitalization of $2 million.
