The live WAX price today is $0.02**, with a **24-hour trading volume** of **$5.40 million. WAXP's price has decreased by -0.91% in the last hour and -6.65% since yesterday. With a circulating supply of 3.50 billion coins and a max supply of 3.77 billion WAXP, the live market capitalization stands at $68.61 million.
What Is WAX?
WAX (Worldwide Asset Exchange) is a specialized blockchain and protocol token engineered to streamline e-commerce transactions, enhancing speed, security, and simplicity. Key features include:
- Consensus Mechanism: Delegated Proof of Stake (DPoS), ensuring fast and energy-efficient validation.
- EOS Compatibility: Backward-compatible with EOS, enabling interoperability.
- E-Commerce Optimization: Tailored incentive structures for guild voting and proposal governance.
WAX offers a comprehensive suite of tools for decentralized applications (dApps), NFT marketplaces, and e-commerce operations, including:
- WAX Cloud Wallet: Secure, user-friendly asset management.
- RNG Service: Native random number generation for fairness in applications.
- Developer Portal: Resources for building on the WAX blockchain.
With 500-millisecond block times, zero customer fees, and voting-based rewards, WAX prioritizes scalability and user engagement.
WAXP Market Data
| Metric | Value |
|------------------------|--------------------|
| Current Price | $0.02 |
| 24h Trading Volume | $5.40M |
| Market Cap | $68.61M |
| Circulating Supply | 3.50B WAXP |
| Max Supply | 3.77B WAXP |
👉 Track real-time WAXP price updates here
Frequently Asked Questions
Q: What determines WAX’s market cap?
A: Market cap reflects the total value of all circulating WAXP coins, calculated as price × supply. A higher cap indicates stronger market confidence.
Q: How does WAX’s trading volume affect its price?
A: High volume often signals liquidity and trader interest, which can stabilize prices or indicate momentum shifts (currently down -6.65%).
Q: Why does WAX rank #589 among cryptocurrencies?
A: Rankings are based on relative market capitalization. WAX’s niche focus on e-commerce influences its position.
Q: Where can I buy WAXP?
A: Major exchanges like 👉 OKX list WAXP for trading.
Key Takeaways
- WAXP’s price is volatile, with hourly/daily fluctuations.
- The blockchain’s e-commerce tools and NFT support drive utility.
- Market metrics (cap, supply) provide insights into adoption and scarcity.
For deeper analysis, explore WAX’s developer resources or track live price movements.
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