Wrapped AS Monaco (Kayen)Price(WASM)
Details Wrapped AS Monaco (Kayen) (WASM) Price information (USD)
The current real-time price of WASM is $0.0873. In the past 24 hours, WASM has traded between $0.0867 and $0.0914, showing strong market activity. The all-time high of WASM is $0.9324, and the all-time low is $0.0718.
From a short-term perspective, the price change of WASM over the past 1 hour is
Wrapped AS Monaco (Kayen) (WASM) Market Information
Wrapped AS Monaco (Kayen) (WASM) Today's Price
The live price of WASM today is $0.0873, with a current market cap of $27,786.34. The 24-hour trading volume is 1K. The price of WASM to USD is updated in real time.
Wrapped AS Monaco (Kayen) (WASM) Price History (USD)
What is WRAPPED AS MONACO (KAYEN) (WASM)?
When is the right time to buy WASM? Should I buy or sell WASM now?
Before deciding whether to buy or sell WASM, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s WASM technical analysis can provide you with trading references.
Future price trend of WASM
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for WASM.
How much will WASM be worth tomorrow, next week, or next month in ? What about your WASM assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! WASM Price Prediction
How to buy WRAPPED AS MONACO (KAYEN) (WASM)
Convert WASM to local currency
WASM Resources
To learn more about WASM, consider exploring other resources such as the whitepaper, official website, and other published information:
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WRAPPED AS MONACO (KAYEN) (WASM) FAQ
What is Wrapped AS Monaco (Kayen) (WASM)?
Wrapped AS Monaco (Kayen) is a 1:1 backed, wrapped version of the official AS Monaco Fan Token (ASM). It exists on its native blockchain and is primarily utilized within decentralized finance (DeFi) ecosystems to enable trading and technical features that are not available with the standard ASM token.
Is the WASM ticker related to WebAssembly?
No. In this specific context, WASM stands for Wrapped AS Monaco. While "Wasm" is a common technical abbreviation for WebAssembly in the developer community, here it is strictly a token ticker for the wrapped digital asset of the football club.
Why would a user need a wrapped version of a fan token?
Standard fan tokens are often non-divisible, meaning they can only be traded in whole units. WASM solves this by making the token divisible, which allows for fractional trading. This enhances liquidity and ensures the token is compatible with Automated Market Makers (AMMs) on decentralized exchanges.
What are the primary use cases for WASM tokens?
WASM allows for fractional trading, enabling users to buy or sell any amount regardless of the asset's price. Additionally, users can provide liquidity to decentralized pools to earn a portion of transaction fees or participate in arbitrage opportunities between decentralized and centralized trading platforms.
Do WASM holders retain official fan voting rights?
Generally, no. To participate in official club polls or claim exclusive rewards on fan engagement platforms, users must unwrap their WASM back into the original ASM token and hold it in a compatible wallet or the official fan engagement application.
How is the supply of WASM determined and is it an official project?
The supply of WASM is dynamic and depends on the amount of original ASM tokens that users choose to wrap. It can never exceed the total supply of the original fan token. While the ASM token is official, the wrapping service is provided by a decentralized DeFi ecosystem to provide additional utility for the asset.
