Token Burn

You can buy WSDM via Gate.com by following the steps on how to buy WSDM once you have funded your account.

There are two perspectives on how the price of WSDM is determined.

Fundamental Value: This approach looks at on-chain metrics, project performance, and financial indicators of WSDM. Over the long term, factors like supply and demand, tokenomics, use cases, project roadmap, and relevant regulations or governance can all affect WSDM's value.

Price Action: This perspective primarily involves using technical analysis tools like chart patterns, MACD, RSI, and Bollinger Bands to forecast price movements of WSDM based on past trends, based on the principle that 'history tends to repeat itself.' Price action of WSDM is also affected by news, announcements, and the general sentiment of the community.

While long-term investors focus on the fundamentals, short-term traders typically rely on technical indicators. Both can influence the price of WSDM.

WSDM reached an all-time high of $0.16 in 2024-05-14, while its current trading price is $0.0006006.

WSDM reached its historical low of $0.0005707 in 2024-05-14.

The current market cap of WSDM is $600.60K, with WSDM’s circulating supply at 487.87M WSDM and the current trading price at $0.0006006.

Currently, there are 487.87M WSDM circulating in the market. These WSDM tokens can be traded or used on the open market.

The maximum supply of WSDM is 1.00B, including its circulating supply, locked or staked amounts, and any supply yet to be mined, minted, or created.

Currently, the fully diluted market cap (FDV) of WSDM is $600.60K. This is calculated by multiplying the circulating supply by the current price of $0.0006006, assuming all of the token’s supply enters circulation.

The WSDM price prediction uses algorithms that automatically identify trends in historical data and make predictions and adjustments based on current market conditions. With advanced machine learning, the price prediction can help users assess the trends in the cryptocurrency market before making an investment.

WSDM has a strong return potential due to its inherent volatility, which offers opportunities for profit. However, volatility is a double-edged sword and is more suited for investors with a high-risk tolerance and good financial health. It’s important to remember that WSDM and the broader crypto market are always impacted by extreme market conditions, legal policies, social media stories, and other unpredictable factors. Therefore, before investing in WSDM, it's recommended that you conduct thorough research and practice risk management.