StakeWise is a liquid Ethereum staking protocol that tokenizes users' deposits and staking rewards as sETH2 (deposit token) and rETH2 (reward token). All tokens are mapped 1:1 to ETH in the Pool and can be used as a representation of staked Ether in the DeFi ecosystem.
StakeWise Price Analysis
As of November 24 2024 StakeWise has a marketcap of $11M.
This is {{percentagefromath}} from its all time high of $0.358418.
In terms of its tokenomics, there's a total supply of 1B with 48% currently outstanding.
Keep in mind StakeWise has a fully diluted value of $22M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
