The live price of Wrapped TRON is at 0.2345 with 24 hours volume of 5,142,250. The total circulating supply of Wrapped TRON token is 87,422,899,423.48872 WTRX
Over the last 24 hours, Wrapped TRON token experienced trading activity amounting to 5,142,250. The decentralized exchange (DEX) volume accounted for 0, while centralized exchanges (CEX) stood at 5,142,250.
Wrapped TRON (WTRX) token reached an all-time high of 0.2345 on and an all-time low of 0.04554 on .
Falling 0.00% from its ATH is a minor setback, rising 415.00% from its ATL signals continued momentum.
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Wrapped TRON (WTRX) acts as a bridge between TRON (TRX) and the Ethereum blockchain network. This is achieved through a wrapping process, TRX coins are pegged on a 1:1 ratio with WTRX tokens, which are issued on another blockchain.
It is an ERC-20 token representing Tron (TRX) allowing users to access the Ethereum blockchain ecosystem without converting their original tokens.
For example: If you want to use TRX on Ethereum-based Defi platforms, you need to wrap your TRX into WTRX and use it as an ERC-20.
WTRX represents the delivery of TRON, widely used in many decentralized finance (DeFi) applications for different use cases providing liquidity, token swap, and margin trading in others based on the implementation of wrapped tokens. With the technology available today, bridging an asset to another blockchain means locking the original asset on its blockchain and minting a copy on another that is not naturally compatible.
To wrap TRX-WTRX, TRX can be deposited in smart contracts(custodians). The smart contracts mint an equivalent amount of WTRX on the Ethereum network and send it to the wallet. To unwrap WTRX-TRX, the burning of WTRX tokens on the Ethereum network is done.
Tron is a decentralized, blockchain-based system with smart contracts functionality, whereas Wrapped Tron Crypto is the Wrapped token (WTRx) on the Ethereum blockchain acting as a derivative of Tron on the Ethereum network. The price of WRTx is equal to the price of Tron.
WTRx hit an all-time low on November 14, 2022, with a price of $0.04554.
Wrapped Tron (WTRX) token reached an all-time high on Nov 23, 2024, with a price of $0.22.
The WTRx price is directly dependent on the market price of Tron.
According to Coinpedia, the wrapped tron price prediction in 2025 is expected to vary between a potential low of $0.076 and a high of $0.330, with an average value of $0.206.
In 2026, the coin price potentially ranges between $0.093 and $0.44, the average price is projected to be approximately $0.266.
WTRX's price in 2027 is expected to scale from $0.114 to $0.59, with an average of $0.357.
By 2028, the WTRX price prediction would fall between $0.234 and $0.73, the average price is expected to be about $0.487.
The average WTRX price is estimated at around $0.593 with a potential low of $0.297 and a high of $0.89 by 2029.
Wrapped tron price prediction in 2030 indicates an average price of $0.753. The asset may vary between a potential low of $0.4167 and a high of $1.10.
Centralized Exchanges: No centralized exchanges
Decentralized Exchanges: Sunswap or Sun is the dex supporting WTRX to swap or trade.
To store Wrapped Trons you can use below popular wallets below:
Hardware Wallets: WTRx tokens be stored in hardware device wallets like Ledger Nano X, SafePal S1, Trezor Safe 3, Tangem wallet, and Keystone 3 Pro.
Software Wallets: Wrapped Tron are stored in Tron link wallet, Metamask, Math Wallet, Argent, and Cobo.
Date & Time | Type | Price | Total | Amount WTRX | Maker | Txns |
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Tokenomics refers to the economic and financial aspects of a cryptocurrency
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Token distribution refers to the process of allocating or disseminating tokens within a blockchain or cryptocurrency network.
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-Yesterday 12/04/2024
2 Days Ago 12/04/2024