Wrapped Frax Prediction

About Wrapped Frax (WFRAX)

Wrapped Frax (WFRAX) is a wrapped version of the FRAX stablecoin trading at $0.654, significantly below its expected $1 peg, with a $30.6M market cap. The token is experiencing a severe holder exodus with 1,970 addresses departing in 30 days, while trading activity has collapsed to just 43 daily transactions. Supply concentration is critical with 98% held by top 10 wallets, making this effectively a whale-controlled asset with minimal retail participation.

Current price: $0.654022

Market cap: $30.60M

Liquidity: $2.93M

Holders: 379

Wrapped Frax Price Prediction

WFRAX is experiencing mild selling pressure with a -0.28% hourly decline and -0.44% 4-hour drop, despite a modest 0.72% 24-hour gain. The extremely low transaction count (43 total in 24h) and severe holder exodus (-6% daily, -54% weekly) suggest deteriorating market interest that could pressure prices further.

The catastrophic holder decline of -490% over 30 days (from ~2,368 to 398 holders) represents a fundamental structural problem that typically precedes sustained price weakness. Without a significant catalyst or protocol change, medium-term outlook remains challenged.