Wrapped OMAX
WOMAX Price
How is the price of Wrapped OMAX (WOMAX) calculated?
The price of Wrapped OMAX (WOMAX) is calculated in real-time by aggregating the latest data across 1 exchanges and 1 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
Wrapped OMAX Price Chart (WOMAX)
1h | 24h | 7d | 14d | 30d | 1y |
---|---|---|---|---|---|
- | - | - | - | - | - |
WOMAX Converter
Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
- |
---|---|
Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$18,372.93 |
24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$12.85 |
Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
- |
Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
25,000,000 |
Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
25,000,000 |
WOMAX Historical Price
24h Range | $0.0007094 – $0.0007992 |
---|---|
7d Range | $0.0005497 – $0.0009903 |
All-Time High |
$0.001339
-
Apr 01, 2024 (about 1 month)
|
All-Time Low |
$0.0005211
-
May 05, 2024 (5 days)
|
How do you feel about WOMAX today?
What is WOMAX?
WOMAX, short for Wrapped OMAX, is a tokenized version of the OMAX cryptocurrency designed to enhance interoperability within the blockchain ecosystem. As a wrapped asset, WOMAX mirrors the value of its underlying OMAX counterpart and can be redeemed for the original asset at any time.
This tokenization mechanism facilitates the seamless transfer and utilization of OMAX on different blockchain networks. WOMAX, like other wrapped tokens, acts as a bridge between diverse ecosystems, allowing users to access OMAX on platforms that support wrapped assets. Its creation addresses the challenge of using native coins across various blockchains, providing a practical solution for increased flexibility and usability of OMAX in decentralized applications and transactions.
OMAX itself does not comply with the ERC-20 standard. Wrapped OMAX was developed to increase interoperability between blockchains and make OMAX usable in decentralized applications (dApps).
How Does Wrapped OMAX Work?
Wrapped tokens require custodians to hold the collateral. For instance, if you want to wrap Omax, a custodian will hold your OMAX and give you Wrapped Omax in return. Custodians can be merchants, wallets, or simply a smart contract. You send your collateral to the custodian and a wrapped version of your coin is minted. For instance, with Wrapped Omax, you could simply go to DEX like Omaxswap and swap your Omax for Wrapped Omax. The original Omax is converted to Wrapped Omax, but the value stays the same, similar to how dollar-pegged stablecoins work.
Where can you buy Wrapped OMAX?
WOMAX tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Wrapped OMAX is Omax Swap, where the most active trading pair TARA/WOMAX has a trading volume of $12.85 in the last 24 hours.
What is the daily trading volume of Wrapped OMAX (WOMAX)?
The trading volume of Wrapped OMAX (WOMAX) is $12.85 in the last 24 hours, representing a -96.20% decrease from one day ago and signalling a recent fall in market activity.
What is the all-time high for Wrapped OMAX (WOMAX)?
The highest price paid for Wrapped OMAX (WOMAX) is BTC0.071924, which was recorded on Apr 01, 2024 (about 1 month). Comparatively, the current price is - lower than the all-time high price.
What is the all-time low for Wrapped OMAX (WOMAX)?
The lowest price paid for Wrapped OMAX (WOMAX) is BTC0.088151, which was recorded on May 05, 2024 (5 days). Comparatively, the current price is - higher than the all-time low price.
What is the fully diluted valuation of Wrapped OMAX (WOMAX)?
The fully diluted valuation (FDV) of Wrapped OMAX (WOMAX) is BTC0.2929. This is a statistical representation of the maximum market cap, assuming the maximum number of 25 Million WOMAX tokens are in circulation today. Depending on how the emission schedule of WOMAX tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Wrapped OMAX compare against its peers?
With a price increase of 0.00% in the last 7 days, Wrapped OMAX (WOMAX) is outperforming the global cryptocurrency market which is down -3.00%.