WWEMIX

WWEMIX Price

About WWEMIX (WWEMIX)

Wrapped WEMIX is the tokenized representation of the native WEMIX coin on the WEMIX 3.0 blockchain, enabling its use in decentralized applications and smart contracts.

• Maintains a 1:1 peg to the native WEMIX coin, ensuring price parity and liquidity across the entire ecosystem.
• Facilitates participation in decentralized finance protocols, including lending, borrowing, and liquidity provision on WEMIX.Fi.
• Provides seamless interoperability between the native Layer 1 network and its application layers, including gaming and NFT platforms.

What Is WWEMIX

WWEMIX is a wrapped version of the native WEMIX coin, which powers the WEMIX 3.0 mega ecosystem. While the native coin is used for network-level operations, WWEMIX acts as an ERC-20 compatible asset that can be easily integrated into smart contracts and decentralized finance (DeFi) platforms.

Value moves through the system via a wrapping and unwrapping mechanism, where users can lock their native coins to receive an equivalent amount of WWEMIX. This allows the asset to be "put to work" in decentralized exchanges, lending protocols, and other applications that require tokenized assets for automated execution. As the ecosystem grows, WWEMIX scales by providing the necessary liquidity for increasingly complex financial and gaming interactions without requiring users to exit the WEMIX 3.0 environment.

What Makes WWEMIX Unique

• Gaming-Centric Infrastructure: WWEMIX is deeply integrated into WEMIX PLAY, one of the world's largest blockchain gaming platforms, supporting a vast array of play-to-earn titles.
• The Tripod System: The ecosystem is built on three pillars—WEMIX PLAY for gaming, NILE for DAO-powered NFT and life services, and WEMIX.Fi for decentralized finance.
• High Performance: It operates on a network designed to handle up to 4,000 transactions per second (TPS) with a 1-second block interval, minimizing latency for users.
• EVM Compatibility: By being EVM compatible, it allows developers to easily port Ethereum-based tools and applications to the WEMIX 3.0 mainnet.

What Can You Use WWEMIX for?

• Decentralized Finance: Users can provide liquidity to pools on WEMIX.Fi or use the token as collateral in lending and borrowing protocols.
• Gaming Ecosystem: It serves as a bridge for value transfer between different gaming titles and the broader DeFi market within the WEMIX Ecosystem.
• Interoperability: It enables users to move value between the native Layer 1 protocol and various decentralized applications that require standardized token formats.

How Does WWEMIX Work?

WWEMIX functions on the WEMIX 3.0 mainnet, which utilizes a Stake based Proof of Authority (SPoA) consensus mechanism. This system is secured by 40 highly qualified Node Council Partners, known as the WONDERS (WEMIX On-chain Network of Decentralized Ecosystem Regulators), who are responsible for validating transactions and maintaining network integrity.

Transaction fees on the network, commonly referred to as gas fees, are paid in the native WEMIX coin. WWEMIX exists as a smart contract-based wrapper that locks the native coin and mints a corresponding token. This process ensures that for every WWEMIX in circulation, there is a native coin held in reserve, maintaining a transparent and verifiable supply.

Team Info and Investors

WWEMIX was developed by Wemade, a prominent South Korean gaming company with extensive experience in both traditional and blockchain gaming. The project is governed by its 40 Node Council Partners, which include major global technology and gaming firms. While specific early-stage investor details for the wrapped token are not separately listed from the broader WEMIX 3.0 project, the ecosystem is supported by the significant corporate backing of Wemade and its network of strategic partners.

Where can you buy WWEMIX?

WWEMIX tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade WWEMIX is WEMIX.Fi, where the most active trading pair USDC.E/WWEMIX has a trading volume of $16,456.94 in the last 24 hours.

What is the daily trading volume of WWEMIX (WWEMIX)?

The trading volume of WWEMIX (WWEMIX) is $16,504.81 in the last 24 hours, representing a -41.50% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for WWEMIX (WWEMIX)?

WWEMIX (WWEMIX) reached an all-time high of $2.72 and an all-time low of $0.1928. It’s now trading -91.40% below that peak and 21.60% above its lowest price.

What is the fully diluted valuation of WWEMIX (WWEMIX)?

The fully diluted valuation (FDV) of WWEMIX (WWEMIX) is $3,460,609. This is a statistical representation of the maximum market cap, assuming the maximum number of 15 Million WWEMIX tokens are in circulation today. Depending on how the emission schedule of WWEMIX tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of WWEMIX compare against its peers?

With a price decline of -6.30% in the last 7 days, WWEMIX (WWEMIX) is underperforming the global cryptocurrency market which is down -0.80%, while outperforming when compared to similar Gaming (GameFi) cryptocurrencies which are down -28.20%.