Token Yakma

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

Fundamental Value: This approach looks at on-chain metrics, project performance, and financial indicators of WSM. Over the long term, factors like supply and demand, tokenomics, use cases, project roadmap, and relevant regulations or governance can all affect WSM'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 WSM based on past trends, based on the principle that 'history tends to repeat itself.' Price action of WSM 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 WSM.

WSM reached an all-time high of $0.06724 in 2023-10-04, while its current trading price is $0.000727.

WSM reached its historical low of $0.000813 in 2023-10-04.