The cryptocurrency WAX has recently been the subject of analysis due to its performance metrics and market position as of September 4, 2025. WAX, a digital asset, is currently trading at a close price of $0.0197223. This figure is significant when compared to its 52-week high and low, which were recorded at $0.0713965 on December 3, 2024, and $0.0168038 on April 6, 2025, respectively. These fluctuations highlight the volatility inherent in the cryptocurrency market and underscore the dynamic nature of WAX’s valuation over the past year.
As of the latest data, WAX holds a market capitalization of approximately $87,778,629.35. This valuation is a critical indicator of the cryptocurrency’s overall market presence and investor confidence. Market capitalization is calculated by multiplying the current circulating supply of the cryptocurrency by its current price, providing a snapshot of the asset’s total market value.
The recent trading price of WAX, being closer to its 52-week low, suggests a period of depreciation from its peak value earlier in the year. This trend may be influenced by various factors, including market sentiment, regulatory news, technological developments, or broader economic conditions affecting the cryptocurrency sector.
Investors and analysts closely monitor these metrics to gauge the potential future performance of WAX. The historical high and low prices serve as benchmarks for evaluating the cryptocurrency’s resilience and potential for recovery or further decline. Additionally, the market capitalization offers insights into the asset’s liquidity and the scale of its adoption within the market.
In summary, WAX’s current trading position, historical price range, and market capitalization are essential metrics for understanding its market dynamics. These figures provide a foundation for assessing the cryptocurrency’s past performance and potential future trajectory in the ever-evolving digital asset landscape.