Get up to $200 for getting started
Coinbase Logo
Sign in
Price
$1.75
10/3/2022, 2:35:27 AM
diamondHands

Keep an eye on WEMIX

Get instant alerts for major price changes.

Market

Market stats

Market cap

$215.2M

Volume (24h)

$14.9M

Circulating supply

123.2M WEMIX

All time high

$24.68

Price change (1h)

-0.46%

Price change (24h)

-0.94%

Price change (7d)

-1.67%

Sign up now to get up to $400 in rewards

Coinbase users can earn up to $400 on average just by taking advantage of our rewards. Get started now.

congratulationsOnEarningCrypto

WEMIX is on the decline this week.

The price of WEMIX has fallen by 1.67% in the past 7 days. The price declined by 0.94% in the last 24 hours. In just the past hour, the price shrunk by 0.46%. The current price is $1.746229 per WEMIX. WEMIX is 92.92% below the all time high of $24.68.

The current circulating supply is 123,233,682.38 WEMIX.

About

What Is Wemix? (WEMIX)

Wemix is a platform that offers blockchain-based games. Wemix offers more than eleven games for users to play on the platform. According to the whitepaper, the network aims to become a self-advancing and self-sustainable based on blockchain technology. The platform also seeks to offer adequate technical and operational support to help maintain an active community.

The whitepaper mentions games are services based on experience. And the gaming value is maximized, and a sustainable blockchain-based game platform is established when components of the game converge with blockchain technology. However, the current decentralized game applications (dapps) are simple because of various problems, including low transactions per second (TPS) and high transaction fees. Due to this, integrating everyday gaming content with blockchain technology gets hindered. Further, the blockchain games’ simple nature has given rise to a vicious cycle of little enjoyment for users, leading to shortened lifecycles for the games that undermine sustainable profits for developers. The platform has resolved the issue of low TPS and excessive fees via using a blend of private and public blockchain functions and integrating them with intermediary chains under a hybrid structure.

The platform also reduces technological barriers for developers and financial barriers of entry and development costs by offering effective crowdfunding solutions. For this, the users can just sign-in with their Google accounts and no extra registration is required. 

WEMIX is the primary digital utility token of the ecosystem. The tokens are issued in the public chains and can be transferred to the service chains if needed. WEMIX tokens are used as the medium for all trade activities within the ecosystem. 

The token is used to pay fees on transferring tokens from the bridge chain to the public chain, staking, and paying fees for B2B solutions such as advertising networks, communities, admin. consoles, security modules, data analysis tools, universal billing modules, and data storage. The tokens are also used while rewarding the users. Users can trade tokens with other participants in the ecosystem or people outside of the system. Further, to get game-tokens (secondary ecosystem tokens), users first need to obtain WEMIX Tokens, which can be exchanged for game tokens. Besides, the tokens can also be exchanged for the items on the platform.

History of Wemix (WEMIX)

The platform was launched in 2019. The total supply of the token is one billion.

Related Assets

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Comparable market cap

Of all the assets on Coinbase, these 8 are the closest to WEMIX in market cap.

FAQ

What is the current price of WEMIX?

The price of 1 WEMIX currently costs $1.75.

What is the market cap of WEMIX?

The current market cap of WEMIX is $215.23M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of WEMIX?

The all-time high of WEMIX is $24.68. This all-time high is highest price paid for WEMIX since it was launched.

What is the 24 hour trading volume of WEMIX?

Over the last 24 hours, the trading volume of WEMIX is $14.89M.

What other assets are similar to WEMIX?

Assets that have a similar market cap to WEMIX include Polymath, Balancer, 0x, and many others. To see a full list, see our comparable market cap assets.

How many WEMIX are there?

The current circulating supply of WEMIX is 123 million.

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Coinbase Bytes article