Price Action
Since last week, Worldwide Asset eXchange’s price went up by 2.71%. It is above its 20 day moving average by 5.59%, so it’s slightly away. Worldwide Asset eXchange’s bullish momentum, based on its distance from its 20 day moving average, is roughly middle-of-the-pack relative to the cryptos we’re tracking. Regarding volatility, Worldwide Asset eXchange is more volatile than roughly 23% of coins in our index, so it’s notably less volatile than the other cryptocurrencies we’re monitoring. Looking ahead, if the upcoming week mirrors the volatility of three past three weeks, the price range for Worldwide Asset eXchange in US dollars is expected to be between $0.06640321 and $0.08245779.
Where to trade Wax (symbol: WAX): Gate, Ethfinex
Volume Update
Over the past week, WAX saw its daily volume range between 639,323.9 and 9,031,120 units of its own currency. Looking back over past 21 days, volume has trended downwards, but price has gone in the opposite direction — up. Over the past week, WAX saw its trading turnover — which we define as average daily trading volume divided by circulating supply — register at 0.51%. Its trading turnover percentage is higher than about 20% of the coins we’re tracking, so it’s below average, and so there may be some risk that traders/investors have difficulty in getting in and out of positions.
Engagement Update
The number of wallets holding Worldwide Asset eXchange went from 16,248 to 16,314 in the past week, marking a change of 0.41%. As for overall transactions, they increased from 159,102 to 160,082 — an increase of 0.62%. Worldwide Asset eXchange’s combined growth rate — meaning the sum of its growth rate in holders and transactions — is 1.03% which puts it ahead of 41.67% of the coins in our index. This could indicate that the coin’s weekly growth in engagement is fairly mediocre.
Technology Development Status
WAX currently has 3 public repos on GitHub, with the oldest one clocking in at 1.5 years young. Its last public update to any of its repositories was more than a week ago which is potentially concerning; more than a week without an update may suggest development is too slow. WAX’s public repositories collectively have a total of 38 watchers, which is below average relative to its peers; that’s more than only 24 % of the 100 similar coins in our index. The coin has 2 outstanding issues in the backlog awaiting to be addressed by the core development team. Its number of watchers, when viewed against its open issues count, seems to be in good shape. To elaborate: the ratio of open issues to developers who are watching WAX’s GitHub repos is more favorable than 73% of similar coins in our index.
WAX News and Commentary
The top theme being discussed about WAX in the past week is listed below. If possible we included a brief excerpt from the article — be sure to click through for the entire piece.
Why people are searching for sugaring spas near them? Kn
Excerpt:
“Natura Sugaring Melt & Wax Spa” is the best search result of- Sugaring near me.
Where to Buy
You can trade Wax, listed under the symbol WAX, through the following exchanges: Gate, Ethfinex.
Article by SixJupiter
