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WAX Price Prediction: Is WAXP a Good Investment?
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Table of Contents
WAX Fundamental Analysis
Project name
WAX
Stock Symbol
WAXP
Current Price
0.04038676991325366
Current Supply
4054114046.611873
ROI Since Launch
-87.36459462643982
Launch Date
2017
Official Website
WAX is a coin belonging to an eponymous decentralized platform powered by the founders of OPSkins. It performs the function of a utility token on a virtual market for game items. Being one of the largest marketplaces for online video game assets, the platform has built a community of over 400 million people around buying and selling collectible items and other types of digital assets. Using the blockchain technology, WAX coin can be used for tokenizing and exchanging the named items while using smart contracts behind every transaction.
WAX Live Price Chart
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WAX Technical Analysis
Despite the fact that 100% accurate technical analysis for WAX cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated WAXP buy-and-sell rating for selected timeframe. The summary for WAXP/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
WAX Price Prediction
Below we have collected the most reliable price projections for WAX (WAXP) from popular forecast platforms.
WAX Price Prediction for 2023
As for WAX price predictions for 2023, there are divergent opinions. PricePrediction.net expects a downturn towards $0.015751, and TradingBeast echoes with ~$0 by the year’s end. Other experts, for example, from WalletInvestor, are more enthusiastic about WAX’s future price, citing upwards of $0.218 in December.
Potential ROI:
93%
Buy
WAX Price Prediction for 2024
In their WAX price predictions for 2024, PricePrediction.net’s forecasts the coin’s price to go above $0.061388 by December. Forecasting WAX's future, WalletInvestor expects further growth, too, saying the WAX price will reach ~$0.2085 by that time. On the contrary, TradingBeast keeps predicting WAX price decline, quoting prices around ~$0 in 2024.
Potential ROI:
123%
Buy
WAX Price Prediction for 2025
The experts are unanimous in their WAX price forecasts for 2025 — everybody expects WAX’s price to drop down by the end of that year. PricePrediction.net predicts the price to fall, reaching $0.01252. According to TradingBeast’s research, WAX’s price can drop down to $0. WalletInvestor’s forecast is also not so positive: its analysts hold the view that by 2025 WAX’s price will be about $0.00883.
Potential ROI:
-82%
Sell
WAX Price Prediction for 2026
WalletInvestor has only pessimism in store for the 2026 WAX price prediction, valuing WAX at $0.00648 by the end of 2026. TradingBeast agrees with a negative forecast and predicts, in turn, $0 for the same period. On the other hand, PricePrediction.net’s team is more optimistic — their WAX price prediction for December of this year is just $0.043618.
Potential ROI:
-59%
Sell
WAX Price Prediction for 2030
Most experts are expecting a bleak future for WAX: long-term WAX price predictions promise significant decline by 2030. PricePrediction.net predicts the price to reach $0.010904, while WalletInvestor goes down for $0.002074. TradingBeast also puts not so big hopes on WAX in the long term: its WAX prediction for 2030 is $0.
Potential ROI:
-89%
Sell
Summary
As it can be clear from the analysis cited above, WAX (WAXP) projections are rather contradictory. There is no universal consensus either about positive or negative future WAXP price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the WAX projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer:
This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
