Wicked
Crypto Overview
Project Overview
Wicked is a meme cryptocurrency launched on the Solana blockchain. Research indicates it was created in late 2023 as part of the growing ecosystem of Solana-based meme tokens.
Purpose and Utility
The token appears to function primarily as a speculative digital asset with meme-based community engagement. No specific utility beyond trading and potential price appreciation has been identified in available documentation.
Business Model & Development
As with many meme tokens, Wicked operates primarily as a freely tradeable digital asset. The project maintains social media presence but has limited technical development activity.
Token Distribution
Detailed information about token distribution, founder holdings, and vesting schedules is not readily available through public sources, which creates some transparency concerns.
Real World Usage
Current usage appears to be primarily focused on trading activity across decentralized exchanges on Solana. No evidence was found of meaningful adoption beyond speculation and trading.
Revenue Model
The token does not appear to incorporate any interest-bearing mechanisms or lending protocols. Trading occurs through standard decentralized exchange mechanisms which involve direct peer-to-peer asset exchange.
Crypto Impact
To assign a comfort level investing in Wicked from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Wicked.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.