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Prices and crypto news: how are the coins WazirX (WRX), XAI (XAI), and Beam (BEAM) performing within the market? Let’s see all the details and an overview of the current and future trends.
Summary
WazirX (WRX): current price, trading volume, and strategic moves
The current price of the crypto WazirX (WRX) is approximately 0.232226 USD, with a trading volume in the last 24 hours of $30,263,324.36.
This represents an increase of 8.88% in the last 24 hours, but a decrease of 7.20% over the last seven days for the currency.
In addition, with a circulating supply of 460 million WRX, the market capitalization of WazirX is valued at 106,150,159 USD.
The daily volume of WazirX (WRX) has reached 30,263,294 USD in the last 24 hours, marking a significant increase of 694.30% compared to previous days and indicating a recent increase in market activity.
Currently, WazirX (WRX) is ranked number 352 on CoinGecko, with a market capitalization of 106,150,159 USD.
We remind you that market capitalization is calculated by multiplying the token price by the circulating supply of WRX tokens, which currently amounts to 460 million tokens tradable on the market.
However, with a decrease of 7.20% over the past seven days, WazirX (WRX) shows lower performance compared to the global cryptocurrency market, which is experiencing an increase of 1.90%.
In addition, it is positioned in a situation of underperformance compared to currencies of the Polygon Ecosystem and similar ones, which are maintaining stability.
Finally, we remind you that WazirX has recently joined the Bonk trend, announcing on December 22nd the listing of Bonk with the possibility of trading in the BONK/USDT pair.
This initiative is part of WazirX’s strategic plans to consolidate support for Bonk’s trading activities on its platform.
XAI on Binance Launchpad: the new gaming blockchain on Arbitrum
Binance has recently launched its 43rd project on Binance Launchpad, introducing Xai (XAI), a gaming-focused blockchain built on Arbitrum.
Users can now participate in the launch of XAI on Binance Launchpool by depositing BNB, FDUSD, and TUSD into the pools to earn XAI tokens over the course of four days.
After the staking period, Binance will officially list XAI at 10:00 (UTC) on January 9, 2024, offering various trading options with pairs such as BTC, USDT, BNB, FDUSD, TUSD, and TRY.
XAI has a maximum supply of 2.5 billion coins, with 7.5 million tokens available as Launchpool tokens. The launch involves the use of a KYC-verified smart contract for XAI token staking.
The staking rules establish maximum hourly limits per user in different pools, with the distribution of XAI tokens expected after the launch of the BNB, FDUSD, and TUSD pool websites approximately 24 hours after the start of farming.
We remind you that Xai is a blockchain project focused on gaming, centered around the Arbitrum network and aimed at simplifying the transition of traditional gamers to the web3 gaming world.
Xai introduces the XAI token, which can be redeemed for exXAI, allowing users to participate in governance, access exclusive events, and earn higher returns by managing a Xai node.
Developed with the support of Offchain Labs, creators of the Arbitrum platform, the Xai project has already raised 10 million dollars from investors to fund its development.
Among the games planned on the Xai platform are Final Form, LAMOverse, Tarochi, and Web3 Warrios, with the mainnet launch scheduled for January 9, 2024.
BEAM Performance: Comparison with WRX and XAI crypto
Currently, the BEAM token of the network is gaining significant ground, with a 36% increase in the last 24 hours and a 25% increase in the last week, according to CoinGecko data.
At the time of writing, the price of BEAM is around $0.022, close to its all-time high of $0.027 recorded on December 14th.
The Beam subnetwork has also highlighted a peak in total transactions, reaching a new all-time high of over 103,000 transactions on Wednesday, according to data from the Avalanche network.
Over half a million wallet addresses have successfully been involved in the Beam blockchain since its launch.
The team behind Beam blockchain has expanded its list of compatible chains, adding the one based on Polygon Blockchain zkEVM for the Sphere NFT market and for a wider variety of technological stacks.
Despite a slight decrease in the price of BEAM on Wednesday, the token has already recorded a remarkable rebound, surpassing the gains of the top 20 gaming-focused cryptocurrencies by market capitalization.
The co-founder of Merit Circle, Marco van den Heuvel, has suggested that the recent increase in Beam transactions could be attributed to the activity of one or two games recently partially implemented on the network.
Heuvel also mentioned the memecoin activity like BeamCat, which has recorded a total traded volume of over $290,000 in the last 24 hours, according to GeckoTerminal data.