WEMIX Introduces Gas Fee Delegation for PLAY Staking Services

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Oct 01 2025

WEMIX+0.25%

PLAY+0.35999998%

GAS-4.793%

Should l Buy WEMIX?

Gas Fee Delegation Feature: WEMIX has launched a gas fee delegation feature within its PLAY staking services, allowing users to perform transactions without direct gas fee payments during a promotional event.
Impact on User Engagement: This initiative aims to enhance user engagement and increase transaction volumes, potentially benefiting staking activities and solidifying WEMIX's presence in the gaming and DeFi sectors.
Historical Context: The gas fee removal strategy aligns with WEMIX's past campaigns that incentivized user activity through cost reductions, reflecting a consistent approach to boost platform engagement.
Market Observations: Experts predict that the removal of gas fees could lead to increased transaction activity, although specific financial metrics and liquidity details have not been disclosed in the current announcements.

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Technical Analysis for WEMIX

Technical Sentiment Analysis for WEMIX (WEMIX) As of , WEMIX (WEMIX) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for WEMIX stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, WEMIX is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

WEMIX (WEMIX) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.214	0.254	0.289	0.33	0.365	0.405	0.44
Fibonacci	0.254	0.283	0.301	0.33	0.359	0.376	0.405

About WEMIX

WEMIX3.0 mainnet is an “experience-based, platform-driven & service-oriented decentralized blockchain protocol” which powers a “mega-ecosystem” of web 3.0 platforms. The mainnet is a high-performance Ethereum Virtual Machine (EVM) compatible open-source protocol powered by the SPoA (Stake-based Proof of Authority) consensus mechanism. The mainnet claims to offer the highest security possible, based on decentralized on-chain governance via 40 Node Council Partners(NCP), also known as 40 WONDERS, while still ensuring high transaction per second (TPS). Consensus will evolve towards complete decentralization through a multi-phase democratized governance.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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