WAX Crypto Price Prediction: Why is WAX WAXP Going Up? All you need to know

WAXP was trading at 0.7914 USD at 7:40 a.m. price has risen dramatically. Its chart, which exhibits a rapid increasing trend during night hours, reflects increase in value. A new Hot Wheels NFT series was revealed last night along with a giveaway. launch is on vember 16.

WAX Crypto Price Prediction: Why is WAXP Going Up? All you need to kw

Walletinvestor uses technical analysis to forecast future values for a wide range of digital coins, including WAX and claims that WAXP could be a viable investment option. At roughly 8 a.m., WAX was trading at 0.783 USD. According to Walletinvestor projections, long-term growth is projected, with a price prediction of 1.788 US Dollars for 2026. revenue is estimated to be around +128.35 % after a 5-year investment. In 2026, a present $100 investment may be worth 228.35 USD.

WAXP crypto price prediction and why is WAXP going up?

WAXP is a virtual currency that may be used to buy online collectables, video games, and n-Fungible Tokens. As soon as WAXP was listed on trading platform Binance, it enjoyed a massive increase in  market. Its market cap soared from $314 million to nearly 800 million USD in a quarter of a day, making it most sought-after investment on market. WAXP price has dropped today after initial rush of investors subsided. market capitalization is 620 million USD. As a result, crypto company has risen to position of 119th largest cryptocurrency.

daily NFT transaction volume on Worldwide Asset eXchange (WAX), world's most widely used layer-1 blockchain, has increased tenfold in last 30 days, reaching $9.2 million USD on September 28. A rise in gaming activity has fueled huge growth, with a dozen titles alone generating over $1 million in NFT trading volume in last month. Farmer's World and Farming Tales were most popular games. re has been a threefold increase in sales transactions, as well as a substantial increase in number of NFTs selling for more than $10,000, with one NFT for game Splinterlands selling for $695,000.

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