WAX price is up over 44% today, making it the biggest gainer on Crypto.com. With a market cap of $1.5 billion and a 24 hour trading volume of $1.3 billion, the market is definitely excited about WAX. Let’s take a closer look at WAX and the WAXP token, and see what all the hype is about. What Is WAX? Founded in 2017, WAX stands for The Worldwide Asset eXchange™. It’s dubbed as the world’s most eco-friendly blockchain for NFTs, collectibles, and video games. WAXP is the native token on the WAX blockchain, it’s used as the currency to buy video
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