WAX Price Prediction 2023, 2025 and 2030

WAX Price Performance so far

  • Last 1 Month: +23.7%
  • Last 12 Months: -35.0%
  • Since Launch (2018): -98.9%

WAX Price Prediction Today, Tomorrow and Week

UTC: Dec 8th, 2023 06:13 PM

  • Waxp Price Prediction in the next 24 hours is between $0.0669 and $0.0692
  • Waxp Price Prediction this week is between $0.0617 and $0.0711

UTC: Dec 8th, 2023 12:26 PM
Overall OutlookPartially Bearish
1. Market's WisdomNeutral
1a. Market DataPartially Bearish
1b. Technical RecommendationBuy
2. Crowd's WisdomPartially Bearish
2a. Social Media BuzzSteady
2b. Social Media SentimentLower

WAX Price Prediction 2023, 2025 and 2030, Aggregated

  • Waxp Price Prediction 2023 is $0.0777
  • Waxp Price Prediction 2025 is $0.175
  • Waxp Price Prediction 2030 is $0.708

*Long Term Forecasts Tend to be Unreliable.

What is WAX?

WAX is a blockchain platform built for e-commerce, NFTs, gaming, virtual worlds, and collectibles. It’s eco-friendly and allows creators to easily create and distribute NFTs globally. WAX uses a system called Delegated Proof of Stake (DPoS), where token holders vote for validators of new blocks. You can also delegate your tokens to others, giving them the power to validate transactions. This makes the process more democratic, with voting power based on the number of tokens you hold. DPoS ensures fast validation of transactions, with consensus reached within seconds. This allows participants to earn stake rewards. WAX is environmentally conscious, using a fraction of the energy compared to platforms like Ethereum and Bitcoin. It’s also carbon-neutral.

WAX’s vIRL NFTs, which are virtual versions of real-world items, can be bought, sold, or traded and are only redeemed for physical items once. The WAX Platform helps businesses and entrepreneurs profit from the booming worldwide digital goods market. This market is growing fast as more people spend their time and focus on online entertainment like video games, social media, movies, music, and digital books.

The WAX Token model is designed to foster growth in the WAX ecosystem through staking, rewards, and voting activities. WAX Staking Rewards serve as a crucial component, encouraging community participation in the selection of guilds and blockchain improvements. Token holders can stake their WAX tokens, ensuring their active involvement in the ecosystem. By connecting a compatible wallet, holders of Genesis WAX Protocol Tokens in a WAX Blockchain account can cast their votes for up to 30 WAX Guilds. The strength of their vote is determined by the number of WAX tokens they have staked. Moreover, those who stake their tokens and engage in the voting process are eligible to receive additional WAX tokens, referred to as WAX Staking Rewards, directly from the WAX blockchain.

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

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