- WAXP coin is currently consolidating near $0.5 and may soon see a jump beyond $2 in the future. The asset may soon see a strong uptrend.
- WAX coin fundamental indicators suggest a strong upside within the next few years. In contrast, the WAX/BTC pair can also see a rally of more than 10x.
What Is a WAXP Coin?
WAXP coin price is currently in a consolidated mode but can soon see a strong upside trend in the future. The asset has seen a rise of more than 9% in the last 24 hours and is hovering near the value of $0.47. It is a purpose-built blockchain that has been built to make e-commerce transactions faster, quicker, and simpler for easy use for its users. The platform is currently using Dpos and is fully compatible with the EOS. They have created a platform of blockchain-based tools in which NFTs and many new things can be built. It has a WAXP- to-Ethereum (ETH) bridge which allows WAXP token holders to convert their tokens into WAXE, which is an ERC20 utility token. The intention of the Blockchain is to process the storing and transaction in a more efficient way. They also have a WAXG governance token which has been distributed to every holder of the WAXP token. The unique multi-token concept of the WAX network is one of the main reasons why various experts are convinced that WAX is a fairly good investment.
Waxp token can soon place itself in the top 10 positions of the crypto-verse. The asset market cap can also see a 5 to 10X growth in the future. WAX/BTC pair can also see similar gains in the future.
Are Bulls Ready To Push The WAXP Coin Price To A New High?
WAX coin price is currently at a halt on the weekly chart near its major crucial level. On the daily chart, the asset has come to a rest near $0.5. If the coin price rally over $1.5 then an upside trend till $5 in the future can be seen. The asset can soon see a strong rally to a new high. Various crypto analysts predict that the WAXP coin will place itself in the top range with a gain of more than 5 to 10x in the future.
Conclusion
Wax coin price is currently looking to expand its network which will fundamentally push the coin price to a new high. It may soon breakout above $1 in the upcoming days.