Summary
WETH USD is a cryptocurrency. It has no revenue, no profit and no dividend: its price is set only by what buyers are willing to pay. Place by market value among the traded coins: 24 of 1,258.
- Market value
- $6.14B
- Place among coins
- 24
- Share of the coin market
- 0.2%
- In circulation
- 2.58M
- Yearly volatility
- 53%
What speaks for it
Nothing stands out in its favour.
What to watch
- It pays nothing and no profit stands behind it: the only return is a higher price.
- It swings 4.2 times as much as the S&P 500 index.
- In the last five years it once dropped by 79% from its high.
- Its supply has no fixed cap, so new coins can keep being created.
A cryptocurrency has no Bulios Score and no Fair Price - there are no company results to compute them from. This page shows how much of it exists, how it moves and how it compares.
Price
Performance
- 1 month
- -11%
- 3 months
- +27%
- This year
- -19%
- 1 year
- -38%
- 3 years
- +36%
- 5 years
- -43%
Where is the price within the last year?
Mid-range- Against the 50-day average
- -6.2%
- Against the 200-day average
- +10%
It is 42% below its highest and 53% above its lowest of the last year. The long-term trend points up: it is above its 200-day average.
How much does it swing?
It swings a lotOver the last year it swung 4.2 times as much as the S&P 500 index.
Volatility says how far the price usually moves in a year, up or down.
How has it done?
Losing value- A year on average, 5 years
- -11%
- Deepest drop
- -79%
- Yearly volatility
- 53%
Average yearly decline over the last five years: 11%. Deepest drop in these years: 79% below the earlier high.
How much of it exists?
No fixed cap- In circulation
- 2.58M
- Most there can be
- no cap
In circulation: 2.58M coins. Their number has no fixed cap.
Does it move with stocks?
PartlyIts link with the S&P 500 over the last year is 0.38: 1 means the same moves, 0 none in common, -1 the opposite.
How large is it?
Mid-sized- This coin 0.2%
- All other coins 100%
- Market value
- $6.14B
- Place
- 24 of 1,258
All its coins together are worth $6.14B, which is 0.2% of the value of all traded cryptocurrencies.
Counted among the coins that really trade; a coin with a price but almost no trading is left out.