Question 1

What determines the price movement of WAXE (WAXE)?

Accepted Answer

There are two schools of thought when it comes to determining the price of a cryptocurrency like WAXE.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of WAXE, collectively known as <0>fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of WAXE. By way of price action: <0>technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of WAXE on the basis that history tends to repeat itself.
Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of WAXE. Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for WAXE and the broader cryptocurrency market.

Question 2

What is the highest price of WAXE price in history?

Accepted Answer

WAXE achieved the all-time high of 9726.54 in 2022-02-09, and is currently trading at 21.84.

Question 3

What is the lowest price of WAXE price in history?

Accepted Answer

WAXE reached its all-time low of  16.29 on 2025-04-07.

Question 4

What is the current market cap of WAXE?

Accepted Answer

The current market cap of WAXE is  , as  WAXE is trading at the price of 21.84.

Question 5

How many WAXE are there in the market?

Accepted Answer

There are currently  WAXE circulating in the market. These WAXE can be actively traded or used in the open market.

Question 6

What is the maximum supply of WAXE?

Accepted Answer

The maximum supply of WAXE is 3700000 , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

Question 7

What is the fully diluted market cap (or FDV) of WAXE?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of WAXE is 80808000.000. The FDV is calculated taking the assumption that all supply of WAXE is circulation, multiplied by its current price of  21.84.

Question 8

What is the price prediction of WAXE ?

Accepted Answer

Using an algorithm to automatically identify historical data trends, this <0>WAXE price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Question 9

Is WAXE a good investment?

Accepted Answer

WAXE offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that WAXE and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and <0>do your own research (DYOR) before investing in WAXE.

Question 10

How to buy WAXE?

Accepted Answer

You can buy WAXE via Gate by following the steps on <0>how to buy WAXE once you have funded your account.

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