WAXP is the native token of the WAX ecosystem. WAX stands for Worldwide Asset eXchange (WAX). It is the world’s most proven and eco-friendly blockchain for non-fungible tokens (NFTs), video games, and collectibles. What is WAX (WAXP)? WAX provides everything a brand needs to launch a successful NFT collection — from games and dApps to exchanges, digital marketplaces, and more. It was founded by William Quinley and Jonathan Yantis. WAX (WAXP) is a purpose-built blockchain that was launched in 2017. The WAX blockchain uses delegated proof-of-stake (DPoS) as its consensus mechanism. WAX blockchain is compatible with EOS blockchain. Now, we shall analyze the WAX price prediction for the coming years. Flashback: Fundamental Analysis of WAX (WAXP) With the news that the non-fungible tokens (NFTs) market capitalization has increased by over 200% in 2022 according to Finbold news, WAXP, as one of the top 10 metaverse coins in the NFTs market, is gaining popularity. This is due to its auction of the Brawlers NFTs on its platform which is in high demand. Since this is made possible through the WAX blockchain, the popularity of its native token WAXP is rising. We shall now consider what charts are showing about WAX price prediction. https://www.tradingview.com/x/pqrJLYgL/ From the 1-day chart above showing EMA Ribbon indicator for WAX/USDT, we can deduce that the price of WAX might dip further. This is because the EMA ribbon moving avera...
