WAXP is the native utility token of the WAX blockchain, a delegated proof‑of‑stake network designed for fast, low‑cost e‑commerce, NFT, and gaming transactions.
As of recent data, WAXP trades around $0.006‑$0.008 (≈ ৳0.95 BDT) per token — prices remain historically very low compared with its all‑time high near $5 in 2017.
The token is down over 99 % from its peak, reflecting long‑term bear market pressure and lower speculative demand.
WAX’s strengths include the WAX Cloud Wallet, NFT marketplaces, and zero‑fee transactions, which support ecosystem utility.
Recent performance shows modest volatility with short‑term rebounds within a tight trading range; broader crypto markets influence sentiment.
Any bullish catalysts would likely come from increased NFT/GameFi activity on WAX or improved developer adoption.
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