Wax Up Over 100% Today, What Gives?

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Screenshot of WAX price today, WAXP live marketcap, chart, and info _ CoinMarketCap.jpg

Today I noticed that wax was mooning. Even going over a 100% gain for a brief moment and current up 97% from yesterday.

Wax has always been something I just needed, but as an investment seemed flat. I mine on Alien Worlds, (god only knows why) and you need wax to do it.

I have a little staked in the game because of CPU issues and a few hundred held in reserve. I love the wax NFTs compared to those on ETH but having to use wax has always been problematic for me.

The good news is that if you have to stake more and more wax to mine on Alien Worlds (boring as hell), that wax can be unstaked so you are not actually spending your wax.

The reason wax mooned today is that it was listed on Binance today. I am considering selling my wax and buying back cheaper in a few days but I caution myself because this has once worked out for me since I started crypto in 2013

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8 comments
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I likely won't sell until it is somewhere over $1.

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I don't have enough to make a real difference. I would basically turn $100 into $200 and then have to buy back into wax cheaper to get more wax. I only have enough to play my Alien Worlds

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Ah, okay. I understand then. WAX is probably my single largest holding at the moment.

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I saw the news about it before. I haven't really touched my wallet over there but I do have quite a bit of WAX from when I was over there.

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that's pretty nice to have a little wax stored up. I was bored with and wondered why it never moved anywhere. But, I used it so I have a tiny bit. Wax is great for nfts so I hope this helps it.

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