WEMIX (WEMIX) rose 13.02% in the last 24 hours.

Gate News Bot news, on August 19, according to CoinMarketCap, as of the time of writing, WEMIX (WEMIX) is currently priced at $0.89, having risen 13.02% in the last 24 hours, with a high of $0.89 and a low of $0.75. The current market capitalization is approximately $404 million, an increase of $46.5 million compared to yesterday.

WEMIX is one of the largest blockchain gaming platforms in the world. Currently, there are 586,800 users enjoying games on WEMIX PLAY. WEMIX also offers the Wepublic community platform, where users can explore various ongoing projects within 269 DAOs. Additionally, WEMIX STAKE is the official staking program of WEMIX, allowing users to earn block rewards generated by nodes by staking WEMIX.

Important news about WEMIX recently:

1️⃣ WEMIX founder legal risk解除 The South Korean court recently announced that Zhang Hyun-guk, the CEO of Wemade, the parent company of WEMIX, is not guilty. This ruling eliminates the legal uncertainties surrounding the WEMIX project, helps restore investor confidence, and promotes the rise in token prices.

2️⃣ WEMIX ecosystem continues to expand WEMIX is actively expanding its Web3 ecosystem. WEMIX PLAY continues to attract users as a blockchain gaming platform, while the Wepublic community platform offers users opportunities to participate in various DAO projects. This diversification strategy helps enhance the utility and value of WEMIX.

3️⃣ Project buyback plan boosts the market WEMIX recently announced a token buyback plan, along with platform upgrades and new game releases. These initiatives demonstrate the project's confidence in the long-term development of WEMIX and provide support for short-term prices.

From a technical perspective, after WEMIX breaks through the $0.89 level, if it can consolidate this position, it may attract more buying interest. However, considering the high volatility of the cryptocurrency market, investors still need to be cautious of potential pullback risks.

This message is not intended as investment advice; investors should be aware of market volatility risks.