We’ve seen a surge in the price of WETH. The price rose to over 3.40 percent in the past week alone. The value of WETH witnessed the price of $4,090.16 and $4,330.54 at the beginning and closing of 24th November, respectively.
Although, from the last week, it was in a bullish trend and almost increased its price by 3.24%. Moreover, it has shown some great potential, which is a positive sign of investing.
If we analyze the high and low price of Wrapped ETH Ether or Ethereum. We can find the following conclusions:
- The high and low price for 7 days is $4,358.74 USD / $4,129.33 USD
- The high and low price for 30 days is $4,810.10 USD / $4,084.26 USD
- The high and low price for 90 days is $4,810.10 USD / $2,882.20 USD
What is WETH?
For all the confusions being made by some newbies, it is better to know/understand WETH (Wrapped Ethereum). WETH is a token represented as an ERC-20, a version of Ether on the Ethereum Blockchain. Therefore, every WETH has a ratio of 1:1 and is also backed by real ETH or Ethereum. In a nutshell, 1WETH=1ETH.
Price Data of WETH
At the time of writing, Wrapped Ethereum is trading at the price of $4,420. However, it had its ATH price of 4917.75 USD. Along with that, the WETH has a 24-hour trading volume of $3,319,931,880.
Furthermore, the price of one Weth has risen to over 2.23 percent from the past day. The crypto expert platform- CoinMarketCap has listed Wrapped Ether on the 2759 number alongside all the crypto coins.
However, with all the available data, the total market cap of WETH is still unknown. Besides this, the circulating and the maximum supply of this wrapped version of the world’s second-largest coin are also not available.
Wrapped Ether (WETH) is a cryptocurrency that operates on the Blockchain of Ethereum. It has a current supply of over 1,153,916.966737 coins, but with 0 in circulation in the market. Also, the wrapped token is trading on over 3011 active market(s). In the last 24 hours, a total of $3,324,460,899.93 coins have been traded.
Notably, this data is solely based on WETH to USD prices in real-time.
In case if you want to buy/trade WETH, then the following top cryptocurrency exchanges can be considered:
- Uniswap (V3)
- TraderJoe
- Uniswap (V2)
- Sushiswap
- 1inch Exchange
WETH Price Prediction 2022
Currently Weth Crypto is trading at $4,420. However, the price of WETH is predicted to reach the mark of $7,590 in one year. On the other hand, its price can reach a maximum level of $21,201 by the year 2026.
Notably, these predictions are just estimated guesses, so don’t take them as financial advice. Always do your research before investing in any crypto.
