WAX WAXP

Where WAXP sits in the market

Ranked #679, WAX falls in the top of the small-cap band. The order book absorbs size poorly at this depth: one meaningful market order can reprice the tape by several percent before it retraces minutes later. A lone static price target therefore fires on noise, and what you want is a condition built to survive that wick. Venue coverage is narrow, which makes volume-based delisting a concrete risk rather than a theoretical one.

CryptoPingAi is currently streaming 5 live WAXP order books (Binance, Gate.io, HTX, Upbit, Bithumb). That is wider coverage than most assets ranked near #679 carry, so a divergence on any one of them is far more likely to be a local liquidity event than a genuine repricing. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

WAXP against its all-time high

More than 95% separates WAXP from its all-time high of $2.77 (on 2018-01-09) — a 650x recovery. At that distance the high stops working as a reference at all; it belongs to a different supply structure, a different holder base and typically a different cycle. What carries information for WAXP now is the downside, so read the range section below before this one. It was set 9 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

WAXP across its historical range

WAXP has traded across a 471x range, between $0.00588044 and $2.77. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

At -27.6% above its record low of $0.00588044 (on 2026-02-06), WAXP sits near the edge of its own price history. Nothing has traded beneath that level, so there is no support to reference, no volume shelf and no cost-basis cluster underneath. That low is recent, so this is an active downtrend rather than an old floor holding: each fresh low retires the previous one as a reference.

WAXP supply and valuation data

WAX sits just outside the band where circulating and total supply are independently verified, so we hold a valuation figure for WAXP but not an audited token count. What we do have is a fully diluted valuation of $33.7 million as of 2026-05-12. That places it in the top 10% by fully diluted value.

Since the figure is a snapshot rather than a live number, we do not reverse it into a supply count: the price has moved since it was taken, and that division would produce a confident but incorrect token count. For any per-token valuation, check the current supply on the project's own explorer first.

What kind of asset WAXP is

WAX falls in the gaming and virtual-world category, where token demand depends on player retention rather than on financial flows. The recurring failure mode for this class is well documented: in-game emissions create constant sell pressure while the user base plateaus, so the supply sink stops working before the supply tap does. Active-user data is a better leading indicator here than anything on the price chart.

CoinGecko files WAXP under 10 categories, including Gaming (GameFi), NFT, Layer 1 (L1), Play To Earn, Ethereum Ecosystem. CoinGecko also records deployments on Ethereum (3,072 tracked tokens), so its on-chain liquidity and its user base move with that network.

How to set a WAX alert that is worth receiving

WAX (WAXP) — quoted on 5 venues we stream — high dated 2018-01-09 — rank #679. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →