W Coin (WCO)
W Coin ranks #243 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1970: 1727 of the 1969 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 2254 non-native assets CoinSpectrum lists above it by market cap, about 61% are tokens, 33% are claims on other assets, 4% are memecoins and 1% are NFT collections.
| CoinSpectrum Grade | pending — launch under review |
|---|---|
| Rank among cryptocurrencies | #243 |
| Rank counting claims | #1970 |
| Market capitalisation | $867,647 |
| Price | $0.000133 |
| Circulating supply | 6,516,031,311 WCO |
| Maximum supply | 10,000,000,000 WCO |
| Consensus family | Proof of Stake |
| Consensus mechanism | IBFT 2.0 (Polygon Edge) |
| Network purpose | Payments |
| Ledger type | Single-asset ledger |
Market figures from the 10 November 2026 build. Open the live view for every exchange's price, and charts.
CoinSpectrum Grade (Source)
Grade pending. W Coin's launch — how much went to insiders, whether it was sold to investors — is still being researched. A grade is not given until it is, so that a coin is never rated higher for what is not yet known.
| Section and criteria | Score | Basis |
|---|---|---|
| Consensus | 9.1 | average of 2 criteria |
| By leader (its largest chain's market cap) (Source) | 9.1 | Proof of stake: 9.1 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| By family (all its chains' market cap) (Source) | 9.1 | Proof of stake: 9.1 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Supply | 7.6 | the supply scale times 0.9, and a point for a fixed cap that holds |
| Supply (21 million scores 10) | 7.3 | fixed maximum supply of 10 billion |
| Distribution | — | not yet measured |
| Holder concentration (Source) | – | Not yet measured |
| Active addresses | – | Not yet measured |
| Premine (allocated at launch) | – | Launch not yet researched |
| Fundraising (share sold) (Source) | – | Launch not yet researched |
| Developer share (after launch) | – | Not yet researched |
| Decentralisation | — | too few measures yet |
| Governance (Source) | – | Not yet researched |
| No central team (Source) | – | Not yet researched |
| Who can mint (Source) | 5 | Gated by stake rank: only a capped set of the largest stakes produces blocks |
| Nodes (Source) | – | Not yet counted |
| Security | — | 0.1 of 1 points, 7 not yet measured |
| Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points) | – | |
| Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points) | – | |
| Hashrate (Own work 5, its power 1 kW 0 to 10 GW 5; 1 point) | 1 | not mined: another consensus, 1 |
| Clients (Separate code and teams 10, separate code or teams 9, a fork by the same team or a stale second 8; one client: a new version within 12 months 7, 24 months 6, none in 24 months 5, none in 48 months 3; a second in development +0.5, a second seen running +1, 8 at most with one client; chain ended 0; 1 point) | – | |
| Open source (Node software) | – | |
| No 51% attack (Nor a deep reorganisation, five years) | – | |
| Scalability | — | too few measures yet source |
| Fees ($0.001 or less 10, $1 or more 0) | – | not yet measured |
| Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5) | – | not yet measured |
| Block time (10 minutes 10, less either side) | 1.1 | a block every 2 seconds |
| Block space per 10 minutes (24 MB or more 10: the ten busiest networks' median demand, 16.4 MB, and half again for growth) | – | not yet measured |
| Features (3 checks) | – | not yet researched |
| Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §11) | – | |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | – | Node code base not public. |
| Light clients (Payments verified from headers · Whitepaper §8) | – | Node reports "w-chain-mainnet/v1.0.8"; its code base is not public. |
| Privacy | 7 | 7 of 10: whitepaper privacy 7 of 7, extra features 0 of 3, 2 not yet researched source |
| Protocol level privacy (Keys not tied to an identity · Whitepaper §10) | 10 | Accounts are derived from user-generated keys and the EVM checks only signatures and balances; no identity check is part of the chain's rules. |
| UTXO ledger (Separate outputs, change to a new address · Whitepaper §2, §9) | – | |
| HD addresses (A new address for each payment, unlinked · Whitepaper §10) | – | |
| Hidden amounts (Amounts confidential) | 0 | Account-based EVM chain with public balances and transfer amounts. |
| Hidden parties (Sender and receiver hidden) | 0 | Sender and receiver addresses are public; no ring signatures, ZK sender proofs or stealth addresses in the protocol. |
| Network privacy (Origin hidden by default) | 0 | Devp2p relays transactions directly from the sending node; no Dandelion-style relay or built-in Tor. |
| Programmability | 7.8 | 7 of 9 points source |
| Token issuance (At protocol level) | 2 | ERC-20 contracts on W Chain's Polygon Edge EVM, which is WCO's chain; tokens on its explorer were deployed by several unrelated addresses, so deployment is not allow-listed. |
| Smart contracts (General-purpose) | 2 | EVM on W Chain (chain ID 171717, Polygon Edge-derived w-chain-mainnet client), open to any account; blocks produced in October 2026. |
| Multisig and time locks (Without a third party) | ✓ | EVM contracts can enforce m-of-n signatures and block-time locks. |
| Atomic swaps (With other chains) | ✓ | Hash-locked, time-locked contracts can be written for its EVM. |
| Native DEX (Trades the coin itself, not a claim) | ✗ | No DEX found trading the coin itself: none on its own chain (DefiLlama), and not on THORChain, Maya, Chainflip, Komodo DeFi, BasicSwap, Bisq or Haveno (checked 2026-11-04). |
| Cross-chain messaging (Verified by the chain itself) | ✗ | No protocol-level cross-chain messaging found. |
| NFTs (Carried by the chain's rules) | ✓ | ERC-721 contracts on its EVM; ERC-721 collections appear on its explorer. |
| Demand | 3 | average of 6 measures |
| Exchanges (10 or more: 10) | 1 | 1 exchange |
| Daily volume ($10K 0, $1B or more 10) | 0 | $23,028 traded in 24 hours; #2722 by volume on the exchanges the site reads (scored on the median day of the last 14, $6,866) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 5.9 | 0.85% of its market cap a day, median of the last 14 days |
| Order-book depth (±2% of the price ÷ market cap, 1%: 10) | – | no order book on the nine exchanges read |
| Market cap ($1M 0, $10B or more 10) | 0 | $868K, 0 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 10 | no futures, options or margin on the exchanges read |
| Wallet support (wallets that hold it, 10 or more: 10) | 1 | its own node and wallet, counted as 1: no wallet in the site's directory lists it yet |
| Record | — | average of 3 criteria |
| Age (years since genesis) (Source) | 1 | 1 full year since 2025-01-23, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, fixes, vulnerabilities) | — | Not yet measured: no commit count and no release research |
| Conduct (origin, claims, halts) | — | Not yet reviewed |
Ten sections, weighted equally, each 0 to 10: consensus (the two ladders), supply (the supply scale and a fixed cap that holds), distribution (premine, fundraising, developer share, holders), decentralisation (governance, no central team, who can mint, nodes), security, scalability, privacy, programmability (what the scripting layer can do beyond the whitepaper's payment system), demand, and record (age, development, conduct). They are built from the criteria in the second table: privacy, scalability, security and decentralisation are the Cryptocurrency Standards among them, as follows: privacy (the whitepaper's three checks a base of 7 of 10, three extra features up to 3 more), scalability (four measures and three features), security (pool diversity, network activity, hashrate, clients and two checks) and decentralisation (governance, no central team, who can mint, nodes, holders, premine, fundraising and developer share); programmability (token issuance, smart contracts and five checks) follows them, and supply and demand are two: the supply, scored against 21 million, and demand, the average of seven measures of the market and the wallets. Provisional: parts marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.
Proof of Stake coins
Ethereum ETHA+
BNB BNBA
Solana SOLA+
Axiome AXM
v.systems VSYS
Massa MAS
Shardeum (New) SHMAll Proof of Stake chains →Proof of Work coins
Bitcoin BTCA+
Zcash ZECA+
Dogecoin DOGEA+
Monero XMRA+
Bitcoin Cash BCHA++
Litecoin LTCA+
Ethereum Classic ETCAAll Proof of Work chains →Supply
6,516,031,311 of a maximum 10,000,000,000 WCO are in circulation — 65.2% of the total that will ever exist.
What a regulator has said
No SEC/CFTC determination — unclassified.
The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.
How CoinSpectrum ranks W Coin
W Coin is #243 among cryptocurrencies and #1970 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 1727 places between W Coin's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.
The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).