WETH Logo

WETH

WETH

Rank #11530

$3593.59

+1.72%
24H Low$3472.29
$3605.5424H High
24H Volume
$2.13 B
All-Time High(ATH)
$4863.7
All-Time Low(ATL)
$0.0000000000000003950
Market Cap
$--
Fully Diluted Valuation
$10.73 B
Market Cap/FDV
Circulating Supply
-- WETH
Total Supply
2.99 M WETH
Max Supply
Market Sentiment
Neutral
* Data from 3rd parties

WETH (WETH) Price Trends

Time period
Change amount
% Change
1H
$+17.88
+0.50%
24H
$+60.76
+1.72%
7D
$+71.88
+2.04%
30D
$+335.87
+10.31%
1Y
$+1850.91
+106.21%

Credibility Indicators

70.46

Reliability Score

Rank #1

# 1879

Percentile

TOP 15%

Live WETH (WETH) Price Update

WETH price today is $3593.59 with a 24-hour trading volume of $2.13 B, and as such WETH has a market cap of $--, giving it a market dominance of 0.36%. The WETH price moved 1.72% in the last 24 hours.

WETH reached its highest price on 2021-11-10 when it was trading at its all-time high of $4863.7, while its lowest price was recorded on 2020-10-28 when it was trading at its all-time low of $0.0000000000000003950. The current lowest price since the last cycle high was $0.0000000000000003950, and the highest price since the last cycle low was $4863.7. The social sentiment of WETH is currently Positive.

The current circulating supply of WETH is $-- WETH. In terms of market cap, WETH is currently ranked 11530.

About WETH (WETH)

What is WETH (Wrapped ETH)? WETH is the tokenized/packaged form of ETH that you use to pay for items when you interact with Ethereum dApps. WETH follows the ERC-20 token standards, enabling it to achieve interoperability with other ERC-20 tokens.  This offers more utility to holders as they can use it across networks and dApps. You can stake, yield farm, lend, and provide liquidity to various liquidity pools with WETH.  Also, unlike ETH, which doesn’t conform to its own ERC-20 standard and thus has lower interoperability as it can’t be used on other chains besides Ethereum, WETH can be used on cheaper and high throughput alternatives like Binance, Polygon, Solana, and Cardano. The price of WETH will always be the same as ETH because it maintains a 1:1 wrapping ratio. How to Wrap ETH? Custodians wrap and unwrap ETH. To wrap ETH, you send ETH to a custodian. This can be a multi-sig wallet, a Decentralized Autonomous Organization (DAO), or a smart contract. After connecting your web3 wallet to a DeFi exchange, you enter the amount of ETH you wish to wrap and click the swap function. Once the transaction is confirmed, you will receive WETH tokens equivalent to the ETH that you’ve swapped. On a centralized exchange, the exchange burns the deposited ETH and mints a wrapped form for you. And when you want to unwrap it, the exchange will burn the wrapped version and mint the ETH on your behalf. What’s Next for WETH? According to the developers, hopefully there will be no future for WETH. According to the website, steps are being taken to update ETH to make it compliant with its own ERC-20 standards. 

FAQs

1. What determines the price movement of WETH?

There are two schools of thought in determining the price of WETH.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of WETH, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of WETH from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of WETH on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for WETH as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for WETH and the cryptocurrency market as a whole.

WETH Tokenomics

Next Unlock Events

Next Unlock Events

WETH --

(--% Total Supply)

$--

(--% Market Cap)

Unlock Rounds --

--

D

0

--

Unlock Rounds --

--

D

0

--

WETH --

(--% Total Supply)

$--

(--% Market Cap)

Allocations

Name
Total
Unlocked
Locked
No record

Vesting Schedule

Round
Token Allocation
TGE Unlock
Cliff

Unlocked

Locked

Next Unlock
Summary
No record
Total
Token Allocation
Next Unlock
Summary
Total
WETH 0

WETH Analysis

Date
Market Cap
Volume
Open
Close
2024-03-22
$--
2.43 B WETH
$3477.45
N/A
2024-03-21
$--
2.48 B WETH
$3515.5
$3477.45