Breaking Down WAX - Full Analysis
Let's talk about WAX for a moment. I've pulled together some key metrics that paint an interesting picture.
📈 Current Price Action
Currently trading at $0.01, we're seeing some pullback in the short term. The weekly trend has been fairly sideways, suggesting consolidation.
WAX price movement over the last 7 days
💰 Market Metrics
Sitting at #801 by market cap ($37.57M), the project commands significant attention. Daily volume is running at $1.89M, suggesting decent liquidity.
| Metric | Value |
|---|---|
| Current Price | $0.01 |
| 24h Change | -0.44% |
| 7d Change | -2.19% |
| 30d Change | +10.14% |
| Market Cap | $37.57M |
| 24h Volume | $1.89M |
| Market Rank | #801 |
🪙 Supply Dynamics
Currently $4.53B coins are circulating from a total supply of $8.40B.
📊 Historical Context
The all-time high was $2.77, and we're currently 99.70% below that level. The all-time low sits at $0.01, which means we're 18.35% up from the bottom.
That's a significant discount from ATH, which could present opportunity - or suggest fundamental changes in the project's prospects.
🤔 My Take
From a technical standpoint, WAX is in a consolidation phase. The price structure show room for growth if fundamentals improve.
As with any crypto investment, only allocate what you can afford to lose.
🎯 Final Thoughts
This is what I'm seeing with WAX right now. Obviously, crypto moves fast and things can change quickly. Drop your analysis in the comments!
This is not financial advice. Always do your own research before making investment decisions.
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