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Cryptocurrencies/Coins/WEMIX (WEMIX)
WEMIX price, market cap on Coin360 heatmap

WEMIX(WEMIX)

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$0.861697
(6.87%)
0.00003618 BTC
Market Cap (Rank#163)
$216,397,061
9,086 BTC
Vol 24h
$4,005,601
168.194 BTC
Circulating Supply
251,128,990.73
Max Supply
1,053,506,980
55 days ago coindesk
South Korean Court Denies Injunction Against Crypto Exchanges for Delisting Metaverse Token Wemix: Report
The Wemix token is trading 90% lower than this time last month after it was delisted by several exchanges.
55 days ago cointelegraph
Wemix delisting saga continues at South Korean court
Microsoft-backed video game developer Wemade plans to further continue the legal battle against South Korea's largest crypto exchanges.
62 days ago cryptodaily
WEMIX Potential Delisting Explained, Gaming Giant Goes All Out To Regain Confidence
On November 24, price of WEMIX, utility coin of one of the P2E leaders “Wemix”, plunged 70%. This was a direct result of the unilateral decision by the 4 largest exchanges in South Korea (Upbit, Bithumb, Coinone, Korbit) to delist the coin. WEMIX is one of the most influential projects in the Korean crypto market that reaches daily trading volume of USD 500 million. Unclear decision by DAXA (Digital Asset eXchange Alliance) has caused billions of dollars of damage to investors and communities. DAXA is a private council of 5 South Korean exchanges including GoPax created in June 2022 with the mission of investor protection. The group claims to support trading, education, and market monitoring but it does not possess any regulatory authority. However, since the 5 exchanges make up over 99.9% market share (2021) in Korea, it has massive influence on the Korean crypto market. WEMIX is the first case that DAXA delisted together since the establishment. The parent of WEMIX issuer, Wemade, views the decision as an unjustified outcome, has filed for injunction to the Seoul Central District Court, and plans to file a complaint to the Korea Fair Trade Commission citing potential collusion. The reason for DAXA’s delisting decision is due to the discrepancy between the expected circulating supply provided to Upbit in January 2022 and the circulating supply disclosed on voluntary quarterly reporting made by Wemade. Upon discussion between the parties, there was a difference in each party’s definition of circulating supply and a miscounting that included burnt supply as circulating supply. Wemix communicated with DAXA for a month to rectify the differences and provide accurate figures to resolve the issue. In the end, without any clear feedback, DAXA announced its delisting decision on November 24. Investors and communities are outraged over such unfair abuse of power and ironic lack of decentralization. Public outcry is focused on the facts that the majority of the projects listed on the DAXA exchanges do not announce their circulating supply, the delisting decision came after all the issues were resolved, and DAXA has no guidelines or precedents on its decisions. The pending outcome of this saga has the Korean crypto industry on its heels. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
69 days ago cointelegraph
WEMIX token plunges 70% after it's delisted by Korean exchanges
DAXA claimed that the circulating number of WEMIX exceeds what has been disclosed by Wemix, much to the chagrin of the issuers.

About WEMIX?

The live price of WEMIX (WEMIX) today is 0.861697 USD, and with the current circulating supply of WEMIX at 251,128,990.73 WEMIX, its market capitalization stands at 216,397,061 USD. In the last 24 hours WEMIX price has moved 0.030065 USD or 0.04% while 5,597,856 USD worth of WEMIX has been traded on various exchanges. The current valuation of WEMIX puts it at #163 in cryptocurrency rankings based on market capitalization.

Learn more about the WEMIX blockchain network and how it works or follow the price of its native cryptocurrency WEMIX and the broader market with our unique COIN360 cryptocurrency heatmap.

WEMIX Price0.861697 USD
Market Rank#163
Market Cap216,397,061 USD
24h Volume4,005,601 USD
Circulating Supply251,128,990.73 WEMIX
Max Supply1,053,506,980 WEMIX
Yesterday's Market Cap209,240,847.60 USD
Yesterday's Open / Close0.803136 USD / 0.833201 USD
Yesterday's High / Low0.835562 USD / 0.789901 USD
Yesterday's Change
0.04% ( 0.030065 USD )
Yesterday's Volume5,597,856.05 USD
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