WagyuSwap Price Explodes by 38% Over Last Day, Will Bulls Power Through?

• WAG is up nearly 38% over the last day
• Price has just touched its near week long downtrend line
• WAG is being supported by the 10 MA

WagyuSwap describes itself as the the First DEX (decentralized exchange) to be built on the fastest blockchain known as Velas. WAG aims to offer swapping solutions better than Uniswap or SushiSwap as it is built on a much faster blockchain. Since their token release last week, WAG has gained a significant amount of traction as the number of watchlists that added WAG on CoinMarketCap is nearing 800,000.