The initial listing price and launch market capitalization of WAL on Binance were determined at the time of listing based on circulating supply and early market discovery. These figures were publicly disclosed by Binance during the listing announcement and trading launch.
From a protocol perspective, these numbers are not treated as foundational metrics. They reflect short-term market conditions rather than long-term utility or adoption. Walrus focuses on usage-driven demand for WAL rather than anchoring value to initial pricing events, which are often influenced by liquidity structure rather than fundamentals.@Walrus 🦭/acc #walrus $WAL
