This article centers around a thorough assessment of WWY coin’s technical and fundamental attributes using data obtained from www.coinmarketcap.com . Our report aims to address vital inquiries regarding the projects associated with the cryptocurrency ; determining significant factors affecting its market value ; reviewing which are reliable exchanges for trading it ; identifying traded currency pairs ; exploring assorted key metrics that demonstrate critical aspects of performance such as highest low price values attained among other essential economic indicators. We will also provide regular weekly graphical or technical analyses aimed at assisting potential investors evaluate feasible investment risks areas while identifying prospective profits.
What is WEWAY (WWY) Coin?
The WeWay (WWY) coin is a cryptocurrency that aims to revolutionize the way we approach social impact and charitable giving . It provides a decentralized platform for individuals and organizations to donate , track , and verify their contributions directly on the blockchain . By leveraging this technology, WWY seeks to increase transparency, eliminate inefficiencies, and enhance trust in philanthropic endeavors .
If you want to know more about the WEWAY (WWY) coin , you can visit its website.
WeWay (WWY) coin has several projects that aim to make a positive impact in various areas. Some of these projects include :
1. Social Impact Funding : WeWay facilitates crowdfunding for social and environmental initiatives , allowing individuals and organizations to contribute directly to causes they care about .
2. Transparent Donation Tracking : WWY uses blockchain technology to provide transparent tracking of donations , ensuring that funds are allocated properly and can be traced from donor to recipient .
3. Verification System : The platform incorporates a verification system that validates the authenticity and impact of charitable projects , enhancing accountability and trust within the ecosystem .
4. Community Engagement : WeWay encourages community participation by rewarding users who actively engage in philanthropic activities with WWY tokens or other incentives .
These projects collectively strive to create a more efficient, transparent, and impactful approach towards social good through the use of cryptocurrency technology.
Factors affecting price:
The price of WeWay (WWY) coin, like any other cryptocurrency, can be influenced by various factors. Some key factors that may impact the price of WWY include :
1. Market Demand and Supply : The basic principle of supply and demand applies to cryptocurrencies as well . If there is a high demand for WWY coins but limited supply available, it could drive the price up . Conversely, if there is low demand or an oversupply of coins in circulation , it may put downward pressure on the price .
2. Investor Sentiment : Market sentiment plays a significant role in cryptocurrency prices. Positive news or developments related to WeWay’s projects , partnerships , or adoption can increase investor confidence and potentially lead to higher prices. On the other hand , negative news or concerns about security issues could have a negative impact on sentiment and subsequently affect the price .
3. Overall Cryptocurrency Market : The broader trends and movements within the overall cryptocurrency market can influence individual coin prices as well . Factors such as Bitcoin’ s performance or regulatory changes affecting cryptocurrencies globally may have an indirect effect on WWY’s price .
4. Technological Advancements : Any advancements or updates made to WeWay’s underlying technology infrastructure could also impact its value proposition and consequently influence its market value .
5. Competition : The presence of competing projects with similar goals or features might affect investor interest in WeWay (WWY) coin and ultimately impact its pricing Dynamics .
These are just some examples of potential factors that can contribute to fluctuations in the price of WeWay (WWY) coin; however, it is important to note that cryptocurrency markets are highly volatile and subject to numerous unpredictable influences .
Where can I buy WEWAY Coin (WWY)?
Exchange Pair Volume
WEWAY Coin (WWY) Baseline Assessment :
The market cap of the WEWAY (WWY) coin is $ 12.721.857 and its circulating supply is 2.580.548.052 units. Its maximum Supply is 10.000.000.000 units, with a fully diluted valuation of $ 49.299.052 .
What is the high price point for WEWAYCoin (WWY)?
WEWAY Coin (WWY) highest price is $0.07363 recorded on Apr 26, 2022. The current price is -93.32% lower than the all-time high .
What is the low point of the price for WEWAY Coin (WWY)?
WEWAY (WWY) token’s lowest price was $0.004108 on Jun 15, 2023 .
WEWAY Coin(WWY) Technical Outlook:
WeWay (WWY) coin, which was $0.026690 on September 5, 2022, dropped to $0.004071 on June 12, 2023. From this level, it rose as high as $0.005409 in volume. In recent weeks, the price has started to retreat, unable to maintain its increase in volume. A voluminous break of the falling trend line is required for the uptrend to begin. Particularly strong resistance at $0.005409, the volume zone of the downtrend. Fibo levels should be followed as resistance on rises. Unless our Fibo 0.50 level of $0.010424 is crossed, the market structure cannot be expected to change and all the rises will remain in reaction .
Our support is $0.004071. Our sequential resistances are: $0.005491 – $0.006345 – $0.008350 – $0.010424 – $0.013014 – $0.17848 – $0.026690.
Investment information comments, and recommendations contained herein are not within the scope of investment consultancy . The content, comments, and recommendations herein are not guiding but general . These recommendations may not suit your financial situation and risk and return preferences . Therefore making an investment decision based solely on the information herein may not yield results that meet your expectations .