WAXE Profile

Cryptocurrency ratings for WAXE are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of November 2022 and ending today, the 9th of December 2022. Click here to learn more.
WAXE cannot be verified against its exchange. It looks like WAXE is not available for investing at the moment. Please verify the symbol is currently traded on CRYPTO Exchanges. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.
WAXE is an online market maker for p-to-p digital money denominated as Cryptocurrency. Please note that WAXE has not been traded in the last 3 months and is extremely volatile. Cryptocurrencies such as WAXE are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as WAXE are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

WAXE Crypto Coin Highlights

Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. WAXE's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding WAXE or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
WAXE is not yet fully synchronised with the market data
WAXE has some characteristics of a very speculative cryptocurrency
WAXE is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on few exchanges in multiple currencies. The WAX Blockchain is a platform to create, buy, sell, and trade NFTs to anyone, anywhere. WAX offers a suite of tools that allows anyone to trade NFTs instantly including a WAX Cloud Wallet where accounts can be created in just two clicks & more.
Market Performance RatingC-
Built OnETH
Is Tradingtrue
Asset Launch Date2020-09-30
Full NameWAXE (WAXE)
Asset Website Urlhttps://on.wax.io/wax-io/
Platform Typetoken
Coin NameWAXE
Total Coins Mined3.7 Million
Smart Contract AddressView
WAXE (WAXE) is traded on CRYPTO Exchanges. WAXE is peer-to-peer digital currency powered by the Blockchain technology.

WAXE's Exchanges and Markets


WAXE Against Markets

Picking the right benchmark for WAXE crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in WAXE crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for WAXE is critical whether you are bullish or bearish towards WAXE at a given time.
WAXE cannot be verified against its exchange. It looks like WAXE is not available for investing at the moment. Please verify the symbol is currently traded on CRYPTO Exchanges. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.

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WAXE Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with WAXE crypto coin to make a market-neutral strategy. Peer analysis of WAXE could also be used in its relative valuation, which is a method of valuing WAXE by comparing valuation metrics with similar companies.
XRPPolygonSolanaChainlinkPolkadotUniswap Protocol TokenStaked EtherAvalancheOKBDaiTRONAMN Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGlobal X NASDAQ
 Risk & Return  Correlation

Investing Ideas

In addition to having WAXE in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Check out Your Current Watchlist. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Other Tools for WAXE Crypto Coin

When running WAXE price analysis, check to measure WAXE's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy WAXE is operating at the current time. Most of WAXE's value examination focuses on studying past and present price actions to predict the probability of WAXE's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move WAXE's coin price. Additionally, you may evaluate how adding WAXE to your portfolios can decrease your overall portfolio volatility.
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