Kraken’s WEMIX listing is not just another token notice for traders who follow gaming assets. It gives the project a larger regulated venue at a time when Web3 gaming tokens are trying to prove they still have a real market beyond hype cycles.
The useful way to read this is not as a guaranteed price signal, but as a fresh piece of information in a market that is trying to sort real developments from noise. For WEMIX, the broader issue is whether gaming-linked crypto assets can regain sustained attention. The last cycle produced plenty of gaming promises but uneven delivery. Listings on major exchanges help, but they do not replace the need for actual users and durable game economies.
For more details, visit the official Kraken platform.
TL;DR Kraken opened WEMIX spot trading.The listing gives the gaming-linked token more access to professional exchange liquidity.It adds another regulated venue for a token tied to Web3 gaming infrastructure. Why the venue matters A Kraken listing can change the liquidity profile of a token because it brings access to a more professional trading audience. That does not guarantee price strength, but it can increase visibility, improve execution options, and make the asset easier for desks to track.
For WEMIX, the broader issue is whether gaming-linked crypto assets can regain sustained attention. The last cycle produced plenty of gaming promises but uneven delivery. Listings on major exchanges help, but they do not replace the need for actual users and durable game economies.
The Market Read Specify available Kraken channels from the source if AG can verify during upload.
That is the balance readers need to keep in mind. Crypto markets are quick to turn every update into a single-direction trade, but most durable stories are more layered than that. They matter because they change positioning, incentives, infrastructure, or regulation over time.
What Comes Into Focus Now From here, the important thing is follow-through. If the source data, company update, filing, or on-chain record continues to move in the same direction, this can become part of a larger trend. If it stalls, it is still useful as a snapshot of where attention is sitting today.
For traders and readers, the cleaner takeaway is to separate the confirmed development from the speculation around it. The confirmed part is what deserves coverage. The speculation is what needs caution.
For Kraken readers specifically, the story is useful because it gives a clearer frame for the next few sessions. It tells them what to watch, which part of the market is reacting, and where the first obvious risk sits. That is more valuable than simply saying a token, company, or regulator has made a move. The useful work is in connecting the update to liquidity, positioning, adoption, enforcement, or user behaviour without pretending that any single headline controls the whole market.
The practical question now is whether this remains an isolated update or becomes part of a chain of follow-through. A second filing, another wallet move, fresh dashboard data, a new governance vote, or a stronger market reaction can all turn a clean single-day story into a broader narrative. Without that follow-through, it still matters, but more as a marker of where attention was concentrated on July 8 than as a complete trend on its own.
That distinction is especially important in a market where headlines can travel faster than context. A source-backed update gives readers something firmer to work with, but it does not remove liquidity risk, execution risk, or the chance that traders fade the initial reaction once the first wave of attention passes.
In that sense, the headline is only the starting point. The better read is to watch how builders, exchanges, funds, wallets, regulators, or large holders respond after the first announcement has moved through the feed.
This report is based on information from blog.kraken.com.
This article was written by the News Desk and edited by Samuel Rae.
Kraken’s WEMIX listing is not just another token notice for traders who follow gaming assets. It gives the project a larger regulated venue at a time when Web3 gaming tokens are trying to prove they still have a real market beyond hype cycles.
The useful way to read this is not as a guaranteed price signal, but as a fresh piece of information in a market that is trying to sort real developments from noise. For WEMIX, the broader issue is whether gaming-linked crypto assets can regain sustained attention. The last cycle produced plenty of gaming promises but uneven delivery. Listings on major exchanges help, but they do not replace the need for actual users and durable game economies.
For more details, visit the official Kraken platform.
TL;DR Kraken opened WEMIX spot trading.The listing gives the gaming-linked token more access to professional exchange liquidity.It adds another regulated venue for a token tied to Web3 gaming infrastructure. Why the venue matters A Kraken listing can change the liquidity profile of a token because it brings access to a more professional trading audience. That does not guarantee price strength, but it can increase visibility, improve execution options, and make the asset easier for desks to track.
For WEMIX, the broader issue is whether gaming-linked crypto assets can regain sustained attention. The last cycle produced plenty of gaming promises but uneven delivery. Listings on major exchanges help, but they do not replace the need for actual users and durable game economies.
The Market Read Specify available Kraken channels from the source if AG can verify during upload.
That is the balance readers need to keep in mind. Crypto markets are quick to turn every update into a single-direction trade, but most durable stories are more layered than that. They matter because they change positioning, incentives, infrastructure, or regulation over time.
What Comes Into Focus Now From here, the important thing is follow-through. If the source data, company update, filing, or on-chain record continues to move in the same direction, this can become part of a larger trend. If it stalls, it is still useful as a snapshot of where attention is sitting today.
For traders and readers, the cleaner takeaway is to separate the confirmed development from the speculation around it. The confirmed part is what deserves coverage. The speculation is what needs caution.
For Kraken readers specifically, the story is useful because it gives a clearer frame for the next few sessions. It tells them what to watch, which part of the market is reacting, and where the first obvious risk sits. That is more valuable than simply saying a token, company, or regulator has made a move. The useful work is in connecting the update to liquidity, positioning, adoption, enforcement, or user behaviour without pretending that any single headline controls the whole market.
The practical question now is whether this remains an isolated update or becomes part of a chain of follow-through. A second filing, another wallet move, fresh dashboard data, a new governance vote, or a stronger market reaction can all turn a clean single-day story into a broader narrative. Without that follow-through, it still matters, but more as a marker of where attention was concentrated on July 8 than as a complete trend on its own.
That distinction is especially important in a market where headlines can travel faster than context. A source-backed update gives readers something firmer to work with, but it does not remove liquidity risk, execution risk, or the chance that traders fade the initial reaction once the first wave of attention passes.
In that sense, the headline is only the starting point. The better read is to watch how builders, exchanges, funds, wallets, regulators, or large holders respond after the first announcement has moved through the feed.
This report is based on information from blog.kraken.com.
This article was written by the News Desk and edited by Samuel Rae.
Wemade has been hit with a multimillion-dollar lawsuit from its own ranks. The dispute, centered around the distribution of the company’s cryptocurrency WEMIX. The case highlights the complex intersections of traditional business practices and emerging blockchain technologies.
Wemade Faces $12M Lawsuit Wemade is facing a substantial lawsuit from a group of current and former executives and employees. The company announced on August 9 that 28 individuals filed a lawsuit on July 29 at the Seoul Central District Court, seeking damages of $11.85 million (16.18 billion won).
The plaintiffs, primarily former employees of Wemade Tree, a subsidiary that was merged into Wemade in February 2022, allege that the company failed to deliver on promises to pay them in WEMIX cryptocurrency.
The subsidiary was stablished in 2018, and it was key in the parent companies foray into blockchain technology. The subsidiary spearheaded the issuance of WEMIX tokens and their subsequent listing on cryptocurrency exchanges in 2020. In response to the lawsuit, they stated that they plan to respond according to legal procedures through our litigation attorney.” The company appears prepared to defend its position in court.
This legal challenge comes at a time when the cryptocurrency and blockchain sectors are facing increased scrutiny and regulatory challenges globally. The outcome of this case could have significant implications for how companies in the blockchain space manage employee compensation and token distribution.
Regulatory Challenges and Recent Indictment This lawsuit emerges amid increasing global scrutiny of the cryptocurrency and blockchain sectors. Adding to Wemade’s legal troubles, South Korean prosecutors recently indicted the previous CEO Chang Hyun-guk. The charges against Chang, announced on August 5, allege that he fabricated and concealed information about Wemix token circulation, potentially misleading investors.
This indictment follows Chang’s February 2022 commitment to cease token sales and provide transparency on circulation data, highlighting the ongoing regulatory challenges faced by companies in the blockchain space.
Kroma is proud to unveil ZKcandy has entered into definitive agreements to become our newest strategic investor and partner. This partnership will mark an exciting new phase for Kroma as ZKcandy will assume the role of major shareholder, currently held by WEMIX Pte., after closing takes place.
ZKcandy is a unique collaboration between iCandy Interactive, Southeast Asia’s largest game developer, and ZKsync, a leading Layer 2 (L2) Ethereum scaling solution. iCandy boasts over 650 full-time employees and has developed more than 300 mobile games, with over 400 million downloads worldwide. ZKcandy, operating a Layer 2 gaming zkChain, has already shown tremendous early success, registering over 2.5 million wallets within two weeks of its open testnet launch. ZKcandy is set to launch its mainnet by the end of 2024, with over 20 games already in the pipeline.
This strategic partnership demonstrates ZKcandy’s confidence in Lightscale’s innovative L2 blockchain solution, Kroma, and strengthens their commitment to accelerating Kroma’s future growth and success.
Kroma, built on the Superchain, is advancing the OP Stack, improving the security and efficiency of blockchain transactions. By integrating Native Account Abstraction, Kroma reduces gas fees and simplifies the user experience for both developers and end-users. Kroma is also the first OP Stack rollup featuring a ZK fault-proof system powered by the Tachyon library, which accelerates ZK proof generation while reducing costs, offering unmatched scalability without compromising security.
“We look forward to welcoming ZKcandy as a strategic partner and investor,” said Taekyu Park, Founder of Kroma. “Their involvement will represent a pivotal moment for Lightscale, one that will drive Kroma’s growth and help solidify its leadership in the Layer 2 blockchain space.”
With ZKcandy’s backing, as well as continued support from partners like SK Planet, Xangle, and Hexlant, Kroma is well-positioned to expand its influence across gaming, DeFi, and NFT sectors, driving the future of secure and scalable decentralized applications.
About Kroma: As Asia’s leading Layer 2 solution built on the Superchain, Kroma is the first OP Stack rollup with an active fault proof system utilizing zkEVM.
Kroma will transition to a universal ZK Rollup once the generation of ZK proofs becomes more cost-efficient and faster — using its original modular ZK backend library, Tachyon.
Kroma plans to push for gamified web3 experience backed by its strengths in gaming, consumer applications, Asia market, and technical capabilities for true universal web3 adoption.
Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.
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Wemix Foundation CEO addressed the late announcement of Feb. 28 security breach and announced full services resumption on Mar. 21.
In a press conference held on Mar. 17, Wemix Foundation (WEMIX) CEO Kim Seok-hwan addressed the delayed announcement of the recent security breach and announced full services resumption on 21 March, as initially reported by Business Korea.
The incident in question occurred on Feb. 28 and involved a security breach of the Wemix Foundation’s “Play Bridge Vault” crypto wallet, which transfers WEMIX to other blockchains.
Around 8.6 million WEMIX tokens were withdrawn, worth around $6.04 million (8.75 billion won). Following the hack, the affected server was shut down immediately, and the company reported it to the Cyber Investigation Team of the Seoul National Police Agency.
Although the incident was noted on Feb. 28, Wemix Foundation didn’t report it until Mar. 4, sparking public backlash. In the press conference today, Wemix Foundation CEO Kim Seok-hwan addressed the late announcement, explaining that it had been delayed due to concerns about additional attacks and to avoid panic selling.
This is not the first time Wemix Foundation was criticized for issues with information disclosure. In October 2022, Digital Asset Exchange Joint Consultative Body has warned investors to exercise caution with WEMIX due issues with disclosing WEMIX circulation volume.
That being said, delaying the announcement appears justified, as the CEO explained that without identifying the infiltration method, the platform risked further attacks.
In addition to addressing the delayed announcement, Seok-hwan said that Wemix Foundation is investigating the cause of the infiltration and relocating all blockchain-related infrastructure. Complete service resumption is slated for Mar. 21.
In addition to these efforts, Wemix Foundation introduced a series of buyback initiatives to stabilize the market. On Mar. 13, they announced a 10 billion won buyback, followed by an additional acquisition of 20 million WEMIX.
Meanwhile, the WEMIX token has risen from the close of $0.45 on Mar. 4 (when the company disclosed the hack) to $0.57 at the time of writing, according to CoinGecko. However, it remains down 3% on the daily timeframe.
WEMIX Team recently announced their plan to establish a Peg Stability Module (PSM) that provides users with stable 1:1 WEMIX$/USDC exchange capabilities. The developed action plan works to stabilize WEMIX$ values while offering users a stable exchange experience. The implementation timeline starts in the first half of 2025 indicates the WEMIX Team’s attempt to generate system stability and control price volatility affecting users.
WEMIX$ Action Plan : 1:1 Exchange to USDC Coming Soon 🔄
The #WEMIX Team is initiating a Peg Stability Module (PSM) to enable 1:1 exchanges of WEMIX$ to USDC.
This means less volatility and a more stable exchange process is to be made.
The team is working towards… pic.twitter.com/8zI7Yr8W1J
— WEMIX (@WemixNetwork) March 28, 2025 The WEMIX Team’s main course of action focuses on providing users with a secure and continuous WEMIX$ to USDC exchange. Within WEMIX$ platform users can convert WEMIX$ tokens to USDC tokens of equivalent value independently of current market prices through the PSM system. The safety net feature exists for holders to turn their WEMIX$ tokens into USDC without market value changes or price slippage risks during the exchange process
The WEMIX$ holders receive additional stability from the 1:1 exchange ratio decision that protects them from market price fluctuations. Through the PSM users will gain stable and predictable rates because the exchange rate remains fixed.
The WEMIX Team aims to facilitate USDC transfers to Ethereum before supplying them to PSM through the CCIP interface. The WEMIX$ holders can perform this 1:1 exchange with USDC irrespective of WEMIX$ price fluctuations in the market.
The PSM operates as a system which enables one-way conversions from WEMIX$ into USDC. WEMIX$ holders maintain certainty to transform their tokens into USDC through exchanges at constant exchange rates between WEMIX$ and USDC. Users need to understand that the exchange process will require a fee although exact fee details regarding policy will be disclosed at a later date.
Ensuring Stability and Future Expectations WEMIX Team has declared stabilization of WEMIX$ token and reduction of major price movements as their foundational objective. The WEMIX$ token stability improves through its binding exchange ratio to USDC digital currency which stands as a stable and trusted digital asset for protection against market price fluctuations.
All PSM-received USDC will function exclusively for the exchange purpose and remains unavailable for liquidity pool activities. The funds dedicated to token stability and exchange processes remain focused since they cannot be diverted to any other activity.
The WEMIX Team focuses on close WEMIX$ stability monitoring and executes necessary measures to optimize its performance. The implementation team continues advancing plans for sustainable integration methods of stablecoins in WEMIX ecosystem development.
The WEMIX Team actively prepares essential infrastructure for the first half of 2025 to deliver the PSM and 1:1 exchange mechanism deployment. The community will receive specified details about system operation following the complete development of all parts before they are announced.
Market players should exercise caution because the forthcoming declaration about this plan will potentially generate major WEMIX$ price fluctuations in the immediate future. Users need to monitor slippage and price impact effects since these short-term factors could temporarily impact WEMIX$ pricing before the new operational system starts.
Through its Peg Stability Module WEMIX Team implements an action plan which aims to provide users with stable WEMIX$ to USDC exchanges thus achieving token stability and volatility reduction and transaction certainty improvements. The WEMIX$ stability improvements at which the team works demonstrate their commitment to support the enduring success of the WEMIX ecosystem.
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Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...
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May 2, 2025
WEMIX, the native cryptocurrency of South Korean gaming firm Wemade, saw its price plunge over 60% following a devastating announcement from the Digital Asset eXchange Alliance (DAXA) that it will be delisted from all major domestic exchanges by June 2.
한국의 주요 5개 거래소가 6월 2일부터 WEMIX 거래를 중단할 예정이며, 이로 인해 토큰은 60% 이상 급락하여 $0.2757에 이르렀다가 약 $0.36으로 반등했습니다. 이는 WEMIX의 두 번째 집단 상장 폐지입니다. DAXA 거래소 동맹은 상장 기준 미달을 이유로 들었습니다. 一 링크 한국의 주요 5개…
— WuBlockchain News Korean (@WuBlockchainKR) May 2, 2025 The decision marks the second time WEMIX has faced delisting within South Korea’s notoriously cautious crypto environment.
The delisting follows a February cyberattack in which more than 8.65 million WEMIX coins, valued at around 9 billion won (approximately $6.2 million), were illicitly withdrawn from Wemade’s Play Bridge Vault, a critical component of its Web3 infrastructure.
DAXA deemed the breach inadequately explained, and the WEMIX Foundation failed to satisfy key transparency, disclosure, and user compensation compliance standards.
DAXA, which comprises five major Korean crypto exchanges: Upbit, Bithumb, Coinone, Korbit, and Gopax, announced that all trading support for WEMIX will cease at 3:00 PM KST on June 2. Withdrawal functionality will remain available until July 2.
The move was particularly consequential because Korea remains WEMIX’s most significant liquidity and trading volume market.
Source: CryptonewsWEMIX’s price collapsed nearly 60% on the news, falling from 1,200 won ($0.85) to just over 400 won within hours. Shares of Wemade were similarly affected, tumbling 17.45% in a single day to close at 23,650 won.
Delisting Decision Deepens Regulatory and Security Woes, Affects WEMIX PriceDAXA’s rationale for the delisting was firmly rooted in its description of Wemade’s ongoing failure to meet the standards necessary for maintaining trading support.
“Despite the foundation’s explanatory data, the cause of the security breach and investor compensation plans remain unclear,” DAXA stated.
The alliance conducted multiple reviews in March and April following the February hack, during which WEMIX had already been placed on a warning list.
Ultimately, however, the regulators determined that neither the incident nor the risks to investors had been sufficiently addressed.
Wemade’s response was to propose a token buyback initiative to absorb circulating WEMIX and burn (incinerate) the tokens to restore market trust.
WEMIX Buyback Execution
To swiftly recover from the impact of the WEMIX PLAY Bridge incident and restore the stability of the service and ecosystem, the #buyback execution begins today.🔄
The buyback method and the exchanges where the buyback was conducted will be disclosed… pic.twitter.com/KU6XCWYz8U
— WEMIX (@WemixNetwork) March 14, 2025 While this plan was made public, DAXA was unconvinced of its effectiveness or sincerity.
The February hack, which affected the Play Bridge Vault used for cross-chain token transfers, highlighted vulnerabilities in Wemade’s infrastructure.
Despite immediate disclosures by the company, DAXA flagged a lack of timely and transparent communication.
The security lapse was particularly troubling because WEMIX underpins multiple blockchain-based games and DeFi applications within Wemade’s ecosystem.
This is not the first time the company has had to weather such storms. In 2022, WEMIX was initially delisted from Korean exchanges, only to be reinstated the following year.
That prior delisting was also due to concerns over token supply disclosures.
A Strategic Setback With Global ImplicationsThe delisting’s domestic impact cannot be overstated. With Korean exchanges responsible for most of WEMIX’s trading volume, losing liquidity and investor access in its home market is critical.
Even though WEMIX remains tradable on certain overseas platforms like Bitget and Bybit, trading volumes on those exchanges are minuscule compared to South Korea’s concentrated crypto ecosystem.
Moreover, re-listing on domestic exchanges is now barred for at least a year under current regulatory guidelines.
Wemade has vowed to continue expanding its blockchain initiatives globally, hinting at new exchange listings outside of Korea to mitigate the impact of the delisting.
Statement for the WEMIX Community
In response to DAXA’s recent decision to end support for #WEMIX transactions,
we sincerely apologize to our community.
We remain firmly committed to the integrity, growth, and global future of WEMIX.
📢 Official announcement here :… pic.twitter.com/K28EWf94jU
— WEMIX (@WemixNetwork) May 2, 2025 However, without robust domestic support and still recovering from reputational damage, those efforts face uphill challenges.
With its ecosystem’s key token removed from its strongest market, the company will have to navigate technical or regulatory challenges and a fundamental crisis of trust among investors and users alike.
The future of Wemade’s blockchain ambitions may now hinge on how it restores faith after its second major delisting.
WEMIX Faces June 2 Delisting After Court Ruling – Can the Gaming Token Bounce Back?
Hassan Shittu
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Hassan Shittu
Part of the Team Since
Jun 2023
About Author
Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...
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Last updated:
May 30, 2025
South Korean gaming firm Wemade is preparing for a new chapter after a Seoul court rejected its bid to stop the delisting of its cryptocurrency, WEMIX, from major domestic exchanges.
On May 30, the Seoul Central District Court dismissed Wemade’s injunction request to block the termination of WEMIX trading support. The decision clears the way for the full delisting of the token from local exchanges by June 2.
WEMIX to Be Delisted by June 2 After Seoul Court Rejects Wemade AppealThe ruling comes months after the Digital Asset eXchange Alliance (DAXA), a consortium of five major Korean exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—announced that WEMIX would be removed following a February security breach.
The hack saw over 8.65 million WEMIX, worth around 9 billion won ($6.2 million), illicitly withdrawn from the company’s Play Bridge Vault, a key part of its Web3 infrastructure.
DAXA said Wemade failed to meet transparency and user protection standards after the incident. The foundation’s explanations and compensation plans were deemed insufficient.
“Despite the foundation’s explanatory data, the cause of the security breach and investor compensation plans remain unclear,” DAXA stated in its decision.
The exchanges flagged the project for review in March and April. By May, the group moved forward with a delisting plan, ending all trading support by June 2 at 3:00 p.m. KST. Withdrawal services for WEMIX holders will continue until July 2.
Wemade challenged the move in court on May 9, calling the decision unfair and filing for an injunction. However, with the court ruling against the firm, the delisting will proceed as planned.
WEMIX Apologizes to Users, Commits to Security Upgrades and Ecosystem StabilityIn a public statement following the court’s decision on May 30, the WEMIX team expressed regret but promised to move forward.
“The WEMIX team is very sorry about the result of this injunction application, but we respect the court’s decision,” the statement read.
The company acknowledged the damage caused by the Play Bridge Vault hack and the resulting fallout. It also apologized to its users and community, promising to improve security and maintain operations across its blockchain gaming ecosystem.
“We have implemented measures to strengthen security and prevent recurrence,” the team said. “We have actively responded to resume services and stabilize the ecosystem.”
WEMIX serves as the core currency across Wemade’s blockchain-based gaming and DeFi platforms. The loss of local exchange listings poses a major challenge for the firm, though it has faced similar hurdles before.
WEMIX Delisting Deals Major Blow to Korean Trading, Re-Listing Blocked for One YearIn 2022, WEMIX was also delisted over token supply disclosure concerns, only to regain listings the following year.
Now, the team has indicated its determination to overcome the setback once again.
“No external factors can undermine the will of the WEMIX team to sustain and grow the WEMIX ecosystem,” the company said. “We will proceed with the planned business without a hitch and provide real value through games and services based on WEMIX.”
While details remain limited, the company said it would soon release short- and long-term plans to address the delisting and stabilize the ecosystem.
Despite recent setbacks, the WEMIX team appears committed to rebuilding.
With trading ending in just days and withdrawals closing in July, the next few weeks will be decisive for Wemade as it attempts to retain user trust and chart a path forward in global markets.
The impact of this delisting on WEMIX in South Korea is huge. Korean exchanges handled most of WEMIX’s trading volume, so losing access to local liquidity and investors is a major blow.
While WEMIX is still available on overseas platforms like Bitget and Bybit, those exchanges see very little trading compared to South Korea’s tightly concentrated crypto market.
To make matters worse, current regulations mean WEMIX can’t be re-listed on Korean exchanges for at least a year.
On June 1st, 2025, WEMIX hit rock bottom at $0.195 — its lowest price in a year. But just a few days later, by June 5th, it had already bounced back to $0.454 before dipping slightly again.
So, what caused that sharp drop in the first place? And where could WEMIX be headed next — later this year and even five years down the line? Instead of guessing, let’s take a closer look at our WEMIX price prediction.
What is WEMIX? WEMIX is a blockchain platform designed to bring gaming and crypto together in a way that actually makes sense. It’s built for players who want more than just fun — here, you can truly own your in-game items, earn tokens while playing, and move assets between different games without losing control.
The WEMIX (WEMIX) token powers everything in the ecosystem: you can use it to buy items, stake it to earn rewards, vote on platform decisions, or tap into DeFi tools like swaps and lending. The tech behind it is fast and cheap to use, which means smooth gameplay and quick transactions — no waiting around or wasting money on gas fees.
On top of that, WEMIX includes a growing lineup of blockchain games, an NFT marketplace, a crypto wallet, and tools for developers to build more.
What is the WEMIX crypto price prediction, and is WEMIX a good investment?
WEMIX coin price prediction: general outlook As of June 23, 2025, WEMIX is trading at $0.425. Over the past month, the token has gained around 10.5%, with a 2.5% rise in the last week alone. However, it dipped slightly by 0.2% in the past 24 hours.
Despite the recent recovery, WEMIX is still down more than 98% from its all-time high of $24.68, reached back in November 2021.
WEMIX 1-day chart, June 2025 | Source: crypto.news The sharp drop to $0.195 in early June 2025 was largely triggered by a major setback: five of South Korea’s leading crypto exchanges — Upbit, Bithumb, Coinone, Korbit, and Gopax — jointly announced the delisting of WEMIX. Coordinated by the Digital Asset Exchange Association (DAXA), this decision took effect on June 2, giving users until early July to withdraw their holdings.
Going forward, the token’s performance will depend on key factors like the growth of its GameFi and NFT ecosystem, the impact of deflationary tokenomics, ongoing regulatory pressure, recovery from a $6M hack in March, and how well the team maintains community engagement and trust.
What’s on the horizon for the WEMIX token? Let’s look at the WEMIX price prediction for 2025 and beyond.
According to CoinCodex’s WEMIX price prediction, the token could see a modest bump of about 4.5%, possibly hitting around $0.43 by mid-July 2025. They also say WEMIX might swing anywhere between $0.41 and $2.79 throughout the year — so expect some ups and downs.
As of June 20, the vibe around the WEMIX price forecast is pretty mixed: 17 technical indicators are leaning bullish, while 12 are on the bearish side.
DigitalCoinPrice is a bit more optimistic, thinking WEMIX might even briefly beat its old high of $24.68 sometime in 2025 before settling down between $0.85 and $0.91.
Wallet Investor thinks WEMIX could reach as high as $4.10 by the end of the year.
Will WEMIX go up or down in five years?
WEMIX price prediction 2030 According to Wallet Investor’s expectations, WEMIX’s price could drop significantly, potentially reaching as low as $0.0373 by June 2030.
DigitalCoinPrice’s projections for WEMIX are more positive, suggesting the token could trade between $1.98 and $2.29 by the end of the decade.
CoinCodex’s WEMIX price prediction for 2030 estimates a range between $0.50 and $1.87.
Should you invest in WEMIX? Honestly, WEMIX is a bit of a rollercoaster. It’s bounced back from some serious lows, but it’s still miles away from its all-time high — and getting delisted from major South Korean exchanges definitely shook confidence.
Some predictions see it climbing again, while others warn it could drop even further in the long run. If you’re thinking about investing, make sure you’re okay with big ups and downs — and don’t put in more than you can afford to lose.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
[PRESS RELEASE – Singapore, Singapore, July 2nd, 2025]
WEMADE and Redlab Games are excited to announce the start of global pre-registration for <ROM: Golden Age>, the anticipated Web3 MMORPG, now available on the WEMIX PLAY platform and the official website.
<ROM: Golden Age> is the latest title from Redlab Games, creators of the acclaimed <ROM: Remember of Majesty>. This new game combines their signature RPG experience with cutting-edge blockchain technology and will officially launch this August in over 170 countries (excluding select regions such as Korea).
During the global showcase, the team introduced “RPG Tokenomics 3.0”—a next-generation Play-to-Earn (P2E) system that seamlessly links two unique tokens for a dynamic and rewarding player experience. The showcase also revealed key features and the game’s upcoming roadmap.
How to Join and What to Expect
Where to Register: Pre-registration is now open on the official WEMIX PLAY website and the official <ROM:Golden Age> game website. Pre-Registration Rewards: All players who pre-register will receive special in-game items, including Gold Random Boxes and Top-grade Monster Slates. Extra Benefits for WEMIX PLAY Members: Users who pre-register through WEMIX PLAY will receive a ticket to join the “Invite a Friend” event. For every friend invited who completes pre-registration, the users get additional raffle entries. Exciting Events and Rewards
Weekly Raffles: Every week until August 7th, players can win PLAY Tokens (usable on WEMIX PLAY), CROM Tokens (the game’s native currency), and other prizes. Additional raffle tickets are awarded for each friend who completes the sign-up process through an invitation, increasing the chances of selection with every successful referral. Milestone Rewards: As the total number of pre-registrations increases, everyone unlocks milestone rewards like ROM Buff Boxes and Enhancement Scroll Selection Boxes. Check-In Event: After pre-registering, log in to the official website to collect Pre-registration Coins. These coins can be used to craft a variety of rare items, such as ImperionGuaranteed Slates and Lucky Enhancement Scroll Boxes. Mission Event: Completing special missions can earn an additional 200 Pre-registration Coins, offering more opportunities to engage ahead of the launch. Developer Q&A: Upcoming Live AMA Events
The <ROM: Golden Age> development team will host three live AMA (Ask Me Anything) sessions during the pre-registration period. These sessions will offer participants an opportunity to:
Learn about the game’s unique tokenomics and how the Dual-token P2E system works Discover gameplay features and future plans Chat directly with the creators and get their questions answered Pre-Registration Now Open for <ROM: Golden Age>
<ROM: Golden Age> enters the pre-registration phase, marking a step forward in interactive, player-driven experiences. The campaign features early access rewards, community engagement events, and insights into the game’s tokenized ecosystem.
Further details are available on:
● WEMIX PLAY Pre-registration Page
● <ROM: Golden Age> Official Website
● <ROM: Golden Age> Official Discord channel
About WEMADE
WEMADE is a South Korea-based technology and gaming company with 25 years of experience in digital innovation. Best known for The Legend of Mir IP, WEMADE has expanded its vision through the WEMIX platform, which powers a global ecosystem of Web3 games, NFTs, DeFi, and token-based services.
The company is committed to building sustainable digital economies where developers, players, and partners can grow together in a secure and open environment.
PANews reported on August 1st that according to Coingecko data, six of the top 300 cryptocurrencies by market capitalization have seen monthly gains exceeding 100% over the past 30 days. The specific gains are as follows:
Zora (ZORA) rose 746.5% and is currently trading at $0.0698; Rekt (REKT) rose 208.3% and is currently trading at $0.0000008631; Conflux (CFX) rose 183.9% and is currently trading at $0.2114; Pudgy Penguins (PENGU) rose 134.4% and is currently trading at $0.03333; Ethena (ENA) rose 125.5% and is currently trading at $0.5862; Story (IP) It rose 102.7% and is now priced at $5.88. WEMIX (WEMIX) rose 94.6% and is now priced at $0.773. Convex Finance (CVX) rose 85.1% and is now priced at $4.14. Qubic (QUBIC) rose 82.1% and is now priced at $0.000002518. Bonk (BONK) rose 79.6% and is now priced at $0.00002554.
Author: PA一线
This content is for market information only and is not investment advice.
PANews reported on August 22nd that according to Korean media reports, the Seoul Central District Court has partially ruled in favor of Wemade in a damages lawsuit filed by former and current employees, ordering Wemade to pay approximately 9.939 billion won in compensation. The lawsuit was filed by 27 former and current employees in July of last year, seeking 16.176 billion won in damages, alleging that the company failed to fulfill its promise to pay employees the virtual currency WEMIX.
Wemade established a blockchain subsidiary, Wemade Tree, in 2018 and merged it with the company in 2022. Currently, the relevant functions are undertaken by the WEMIX Foundation.
PANews reported on May 20th that, according to SoSoValue data, the entire crypto market sector experienced a pullback. The RWA sector, which performed strongly yesterday, led the decline with a 3.13% drop in the last 24 hours. Within the sector, Centrifuge (CFG) fell 8.40%, while Ondo Finance (ONDO) and Pendle (PENDLE) fell 3.02% and 6.08% respectively. The GameFi sector fell 2.59%, with WEMIX bucking the trend and rising 2.01%.
In other sectors, the Meme sector fell 0.73% in the last 24 hours, but Banana For Scale (BANANA) surged 17.23% and Siren (SIREN) rose 8.27%; the Layer 1 sector fell 0.87%, while Algorand (ALGO) rose 7.52%; the CeFi sector fell 1.03%, with NEXO (NEXO) remaining relatively strong, rising 1.61% intraday; the DeFi sector fell 1.49%, with Morpho Token (MORPHO) rising 3.34%; the Layer 2 sector fell 1.80%, with Arbitrum (ARB) falling 2.74%; and the PayFi sector fell 2.41%, but Telcoin (TEL) rose 4.66%.
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Political tokens led by meme coins linked to Donald Trump plunged more than 8% after last night’s presidential debate with the odds of Kamala Harris becoming the next president gaining on betting platforms including Polymarket.
Trumpie (TRUMPIE), Doland Tremp (TREMP) and MAGA Pepe (MAPE) were the biggest losers in the political meme coin sector over the past 24 hours. TRUMPIE plummeted over 47%, while both TREMP and MAPE shed more than 25%.
Betting Odds Shift In Favor Of Kamala Harris As Donald Trump Struggles Harris and Trump faced off in their first debate in Philadelphia yesterday evening. Topics covered in the debate ranged from the economy to foreign policy to abortion. Following the debate, BetOnline odds that had initially favored Trump had flipped to Harris.
Odds in favor of the former US president winning the election in November dropped 3% on the decentralized betting platform Polymarket. Meanwhile, Harris’s odds rose by the same amount over the past 24 hours. Bettors on the platform now see a 49% chance of either candidate taking the White House this year.
World's largest prediction market.
Before the debate After the debate pic.twitter.com/p1KjOOFZU1
— i/o (@eyeslasho) September 11, 2024
Before the debate, Trump had an 8% lead on the platform. His odds prior to yesterday’s face off stood at 53%, compared to Harris’s 45%.
Crypto Not Mentioned Once In First Harris-Trump Presidential Debate Despite Trump’s pro-crypto stance, the industry was not mentioned once during the debate. The former US President appeared to be agitated during the face off with data from the fact-checking agency PolitiFact showing he made several false claims.
Trump had earlier vowed to end President Joe Biden’s war on crypto if elected. He also said on Sept. 5 that he plans to wipe out anti-crypto regulation and make the US the “world capital of crypto.”
Bernstein analysts told clients in a Sept. 9 note that Trump winning could ignite a BTC rally to $90K by the end of the year, while a Harris win could see the king of cryptos plummet to $30K.
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Attorneys for former Alameda Research CEO Caroline Ellison asked that she be spared a prison sentence for her role in the FTX collapse, citing her “extraordinary cooperation” in testifying against FTX founder Sam Bankman-Fried.
In a Sept. 10 court filing, they noted that the Probabtion Department had recommended three years of supervised release instead, and highlighted Ellison’s key role in securing Bankman-Fried’s conviction.
She faces up to 110 years in prison but is likely to receive a lighter sentence due to her assistance.
Bankman-Fried Instructed Ellison To Compile False Balance Sheets Ellison provided the most damning testimony during Bankman-Friend’s trial, which subsequently led to his 25-year prison sentence.
Ellison described how Bankman-Fried instructed her to compile misleading balance sheets for investors. She also revealed how the FTX founder pursued risky investments knowing full well that it would lead to a draw down for investors.
Ellison “poses no risk of recidivism and presents no threat to public safety,” Ellison’s attorneys said in the filing. Her “early disclosure of the crimes, her unmitigated acceptance of responsibility for them,“ as well as the three days she testified as a government witness against Bankman-Fried were listed in the filing as reasons for the court to grant her leniency.
Caroline Ellison's lawyers want to redact parts of her sentencing submission because she "has been the focus of intense media scrutiny and Internet fascination" pic.twitter.com/d2d8Ip98oS
— Jacob Shamsian ⚖️ (@JayShams) September 10, 2024
Diary entries and statements showing Ellison’s cooperation with FTX’s bankruptcy estate were also a part of her sentencing submission, along with letters from former colleagues, friends and family.
Caroline Ellison Faces Up To 110 Years In Prison Ellison pleaded guilty to seven counts of wire fraud, money laundering, commodities fraud and securities fraud in commingling of FTX and Alameda Research funds.
If given the maximum allowable sentence, Ellison could be sentenced to 110 years in prison, although legal experts say her cooperation and testimony make this unlikely.
Ellison is scheduled to appear in court for her sentencing on Sept. 24.
Former FTX engineering director Nishad Singh and the exchange’s co-founder Gary Wang will have their sentencing hearings on Oct. 30 and Nov. 20, respectively. Wang and Singh also pleaded guilty.
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