WAX (WAXP) Price

WAX (WAXP) is a cryptocurrency that serves as the native token of the WAX blockchain. It powers the entire WAX ecosystem, which specializes in NFTs, gaming, and digital collectibles. Currently ranked #635 with a price of $0.006898, WAXP has seen a +1.57% change in the last 24 hours. WAXP is essential for various functions within the WAX ecosystem, including: • Facilitating NFT trades and transactions • Staking for network security and earning rewards • Participating in governance decisions • Powering play-to-earn gaming experiences • Supporting the metaverse and digital collectibles market With a circulating supply of 4.60B WAXP and a market cap of $31.73M, WAXP has established itself as a key player in the blockchain gaming and NFT space since its launch in December 2017.

WAX was created in 2017. It was founded by William Quigley and Jonathan Yantis as a blockchain platform specifically designed for digital collectibles, NFTs, and gaming. Since its launch, WAX has established itself as a key player in the digital asset ecosystem, focusing on providing a user-friendly environment for virtual item trading and NFT marketplaces.

WAX was founded by William E. Quigley and Jonathan Yantis. Both founders have extensive experience in the crypto industry and backgrounds in the entertainment sector. Quigley previously worked with Disney and Eurodisney, while Yantis co-founded the first digital assets marketplace. Together, they established WAX with the vision of creating a blockchain specifically designed for digital collectibles, NFTs, and gaming applications.

WAX operates on a delegated-proof-of-stake blockchain designed specifically for digital goods and NFT marketplaces. The WAXP token serves multiple functions within the ecosystem: 1. Staking: Users stake WAXP to secure the network, validate transactions, and earn rewards. 2. Governance: Token holders can participate in protocol decisions through voting. 3. Transaction Fees: WAXP is used to pay for transactions on the blockchain. 4. NFT Trading: The token facilitates buying, selling, and trading of digital collectibles and virtual assets. 5. Cross-Chain Compatibility: WAXP can be wrapped for use on other blockchains, enhancing interoperability. The network's architecture includes a microservice layer that provides specialized infrastructure for building and scaling digital marketplaces. This design allows for high transaction throughput with minimal environmental impact, making it particularly suitable for NFT gaming and collectibles platforms. Currently valued at $0.006898 with a market cap of $31.73M, WAXP continues to evolve as a key infrastructure for the digital collectibles ecosystem.

WAX operates on a purpose-built blockchain architecture using Delegated Proof-of-Stake (DPoS) consensus mechanism. This design enables WAX to achieve impressive performance metrics, including 500-millisecond block times and zero-fee transactions for users. The technical infrastructure was specifically optimized for e-commerce applications, with custom features and incentive mechanisms that encourage network participation through proposal voting. The WAX blockchain includes a comprehensive suite of development tools that support the creation of decentralized applications (DApps) and non-fungible tokens (NFTs). Its architecture prioritizes transaction speed, security, and simplicity - making it particularly well-suited for digital collectibles, gaming assets, and other virtual goods. The network's technical design focuses on scalability and user experience, allowing it to handle the high transaction volumes required for mainstream adoption in the digital marketplace ecosystem.

WAX has a promising future roadmap focused on expanding its NFT and gaming ecosystem. The project aims to enhance its blockchain infrastructure for better scalability and interoperability in 2026 and 2027. Key upcoming developments include: 1. Improved cross-chain functionality to connect with other major blockchains 2. Enhanced developer tools to attract more dApps and games 3. Expansion of the NFT marketplace capabilities 4. Further integration with metaverse projects With its current price at $0.006898 and market cap of $31.73M, WAXP is positioned to grow as the NFT and gaming sectors evolve. The team continues to build partnerships with gaming studios and content creators to increase adoption. The roadmap also includes sustainability initiatives and governance improvements to ensure long-term viability in the competitive blockchain space.

WAX is going up due to increased NFT and gaming adoption, positive market sentiment, and recent partnerships. The +1.57% increase reflects growing investor confidence, with trading volume at $1.90K. Analysts predict continued growth through 2026.

WAX is dropping due to market volatility and recent 30-day decline of +1.57%. This reflects broader crypto market trends, investor sentiment shifts, and profit-taking after previous gains. Despite the current dip, WAXP shows signs of recovery with a 7-day increase of 4.88%.

WAX could reach a maximum price of $0.0345 in 2026. The average price is predicted to be around $0.0308, based on current growth trends and market analysis.

WAX price could rise in 2027 based on its recent +1.57% gain and positive market trends. NFT gaming growth and increased adoption may push WAXP above $0.006898 in the coming months.

The current price of WAX (WAXP) is $0.006898. As the #635 cryptocurrency by market cap, WAXP has seen a +1.57% change in the last 24 hours with a trading volume of $1.90K.

The highest WAX has ever been is $$2.770000 on November 17, 2021. This represents the all-time peak price for WAXP since its launch.

The lowest price WAX has ever been was $0.005880 in 2018, according to historical data. This represents the all-time low (ATL) for WAXP since its launch.

Currently, 1 WAXP is worth $0.006898.

WAX is valuable as the native token of the WAX blockchain, which specializes in NFTs, gaming, and digital collectibles. It powers transactions, governance, and staking within the ecosystem, with a market cap of $31.73M and ranking of 635. Its utility in the growing digital asset marketplace makes it significant.

Currently, there are 4.60B WAXP WAXP coins in circulation out of a maximum supply of 4,402,292,350 WAXP tokens. The total supply stands at 4.58B WAXP.

WAXP mining profitability depends on electricity costs, hardware investment, and market conditions. With $0.006898 price and +1.57% 24h change, profitability varies. Calculate your specific ROI using current $31.73M and mining difficulty before investing.

WAX was launched on December 21, 2017. It was initially created on the Ethereum platform with an ICO price of $0.32 per token.

Currently, one WAXP costs $0.006898.

You can buy WAX through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy WAXP at $0.006898. Crypto ATMs also offer direct purchases.

To purchase WAXP, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to WAXP trading pair, enter purchase amount, and confirm your transaction. Store your WAXP in a secure wallet for safekeeping.

Yes, WAX is a legitimate cryptocurrency with strong security features. Ranked 635 with a price of $0.006898, it has established partnerships with major brands and offers zero gas fees. Its tokenomics model promotes burning and rewards, making it a trusted asset in the blockchain ecosystem.

WAX (WAXP) is a blockchain platform designed for e-commerce, NFTs, and gaming. Launched in 2017, it offers fast transactions with zero fees using Delegated Proof of Stake consensus. Currently ranked 635 with a price of $0.006898, it focuses on digital collectibles and metaverse applications.

WAX shows potential as a cryptocurrency ranked 635 with a current price of $0.006898. It's up +1.57% in the last 24 hours with $1.90K trading volume. Its focus on NFTs, gaming, and metaverse applications gives it utility in growing sectors, making it worth consideration for diversified portfolios.

The all-time high price of WAX reached $2.770000 on January 5, 2018. Since then, the price has significantly decreased, currently trading at $0.006898.

WAX has potential for growth, with price predictions showing it could reach $0.16 by 2028. Currently trading at $0.006898 with +1.57% 24h change, market indicators suggest upward momentum despite ranking 635. NFT and gaming adoption may drive future value increases.