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The current real-time price of WHYDRA is $0.0919. In the past 24 hours, WHYDRA has traded between $0.0919 and $0.0919, showing strong market activity. The all-time high of WHYDRA is $2.15, and the all-time low is $0.0915.
From a short-term perspective, the price change of WHYDRA over the past 1 hour is , over the past 24 hours is --, and over the past 7 days is --. These figures provide a quick overview of the latest price trends and market dynamics of WHYDRA on LBank.-0.19%
The live price of WHYDRA today is $0.0919, with a current market cap of $0. The 24-hour trading volume is 11.02. The price of WHYDRA to USD is updated in real time.
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Before deciding whether to buy or sell WHYDRA, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s WHYDRA technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for WHYDRA.
How much will WHYDRA be worth tomorrow, next week, or next month in ? What about your WHYDRA assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! WHYDRA Price Prediction
To learn more about WHYDRA, consider exploring other resources such as the whitepaper, official website, and other published information:
Wrapped Hydra (WHYDRA) is an innovative token built on the Hydra blockchain. It addresses the 'Total Supply Problem' by using both inflationary and deflationary mechanisms, allowing real adoption to determine its total supply. It functions as a token on the Hydra blockchain.
WHYDRA offers high scalability, compatibility with smart contracts, and democratic governance. It features a shared economy that benefits stakeholders, including gas royalties for smart contract owners, which empowers decentralized applications (dApps) by maximizing their transaction fee potential.
Wrapped tokens are digital assets pegged in value to another cryptocurrency, but existing on a different blockchain. They are 'wrapped' to enable the original asset to be used across various blockchain platforms, enhancing interoperability, liquidity, and efficiency within different decentralized finance (DeFi) ecosystems.
The process of obtaining WHYDRA from native Hydra tokens involves a 'bridge.' This mechanism allows users to swap their native Hydra for Wrapped Hydra, often facilitated through compatible wallets and dedicated bridging platforms. This ensures interoperability between the native chain and the wrapped token's environment.
Key risks include custodial risk (reliance on the custodian), smart contract risk (vulnerabilities in the smart contracts used for minting/burning), and regulatory uncertainty. There's also liquidity risk, tied to the underlying asset's liquidity and the custodian's trustworthiness, alongside general market volatility. Users should note that WHYDRA is currently an unverified token, and interaction should only occur with trusted sources.
Web3 aims for a decentralized, transparent, and user-controlled internet. Projects like WHYDRA, by offering smart contract compatibility, democratic governance, and a shared economy on its blockchain, align with Web3 principles by enabling decentralized applications and fostering a more robust, interconnected blockchain environment.
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