WaterMinder (WMDR) Metrics
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WaterMinder (WMDR)
What is WaterMinder ?
WaterMinder (WMDR) is a cryptocurrency designed to promote hydration and wellness through its innovative blockchain-based platform. As a token, it incentivizes users to track their water intake and maintain healthy hydration habits, fostering a community focused on health and well-being. The WaterMinder token runs on the Ethereum blockchain, enabling secure transactions and interactions within its ecosystem. Users can earn rewards for their hydration efforts, making it a unique project that combines health tracking with blockchain technology.
When and how did WaterMinder start?
WaterMinder (WMDR) was launched in 2021 as a decentralized finance (DeFi) project aimed at promoting water conservation and sustainability. The project was developed by a team focused on leveraging blockchain technology to create a transparent and efficient water management system. Initially listed on several decentralized exchanges, WaterMinder quickly gained attention for its innovative approach to addressing global water issues. The project has since focused on building partnerships and expanding its ecosystem to enhance its impact on water conservation efforts.
What’s coming up for WaterMinder ?
WaterMinder (WMDR) is poised for significant growth with its upcoming roadmap updates focused on enhancing user experience and community engagement. The next upgrade will introduce advanced tracking features and personalized hydration goals, catering to a broader audience interested in health and wellness. Additionally, the team plans to expand its community initiatives, aiming to foster collaboration and feedback loops that will shape future developments. As WaterMinder continues to evolve, it seeks to solidify its position as a leading hydration management tool, integrating seamlessly with other health applications for a more comprehensive user experience.
What makes WaterMinder stand out?
WaterMinder (WMDR) stands out from other cryptocurrencies due to its unique focus on promoting hydration and wellness through a user-friendly mobile app that tracks water intake. Compared to traditional cryptocurrencies, WMDR leverages a specialized tokenomics model that rewards users for maintaining healthy hydration habits, creating a real-world use case that encourages lifestyle improvements. Additionally, its integration with health data and community features sets it apart, fostering a supportive ecosystem that emphasizes personal well-being.
What can you do with WaterMinder ?
WaterMinder (WMDR) is primarily used for payments within the WaterMinder app, allowing users to manage their hydration goals effectively. Additionally, WMDR serves as a utility token for staking rewards and access to premium features, enhancing the overall user experience. It may also play a role in governance decisions related to the app's development and future features.
Is WaterMinder still active or relevant?
WaterMinder (WMDR) is currently active, with ongoing development and a dedicated community presence. The token is still traded on several exchanges, indicating sustained interest and engagement from users. However, it is essential to monitor for any future updates to ensure the project's continued viability.
Who is WaterMinder designed for?
WaterMinder (WMD) is primarily built for health-conscious individuals and wellness enthusiasts who aim to improve their hydration habits. Its target audience includes everyday users seeking a simple and effective way to track their water intake, fostering a community focused on health and wellness. The platform is ideal for those looking to integrate hydration tracking into their daily routines, rather than targeting developers, investors, or niche crypto communities.
How is WaterMinder secured?
WaterMinder (WMDR) secures its network through a unique Proof of Stake (PoS) consensus mechanism, where validators are responsible for confirming transactions and maintaining blockchain protection. This model enhances network security by incentivizing validators to act honestly, as they stake their tokens to participate in the consensus process. The decentralized nature of validators further strengthens the integrity of the WaterMinder ecosystem.
Has WaterMinder faced any controversy or risks?
WaterMinder (WMDR) has faced challenges related to extreme volatility, typical of many cryptocurrencies, which can pose significant investment risks. Additionally, like other projects in the crypto space, it is subject to potential security incidents, such as hacks or rug pulls, which can undermine investor confidence. As of now, there have been no widely reported legal issues or controversies specifically tied to WaterMinder, but the inherent risks of the crypto market remain.
WaterMinder (WMDR) FAQ – Key Metrics & Market Insights
Where can I buy WaterMinder (WMDR)?
WaterMinder (WMDR) is widely available on centralized cryptocurrency exchanges. The most active platform is Meteora DAMM V2, where the WMDR/SOL trading pair recorded a 24-hour volume of over $0.596150.
What's the current daily trading volume of WaterMinder ?
As of the last 24 hours, WaterMinder 's trading volume stands at $0.596097 , showing a 13.08% increase compared to the previous day. This suggests a short-term increase in trading activity.
What's WaterMinder 's price range history?
All-Time High (ATH): $0.000730
All-Time Low (ATL): $0.00000000
WaterMinder is currently trading ~98.24% below its ATH
.
How is WaterMinder performing compared to the broader crypto market?
Over the past 7 days, WaterMinder has declined by 3.72%, underperforming the overall crypto market which posted a 1.47% gain. This indicates a temporary lag in WMDR's price action relative to the broader market momentum.
Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.
All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.
Coinpaprika is not liable for any losses resulting from the use of this information.
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WaterMinder Basics
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WaterMinder Exchanges
WaterMinder Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
Other coins worth interest - similar to WaterMinder
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 6 | USDC USDC | $77 241 865 031 | $1.000113 | $9 994 772 550 | 77,233,106,905 | |||
| 12 | Usds USDS | $11 076 707 055 | $0.999956 | $50 390 452 | 11,077,194,156 | |||
| 13 | Wrapped Bitcoin WBTC | $10 183 052 713 | $77 627.75 | $152 183 995 | 131,178 | |||
| 18 | WETH WETH | $8 607 451 750 | $2 285.63 | $281 921 466 | 3,765,896 | |||
| 23 | Chainlink LINK | $5 700 836 962 | $9.09 | $179 482 692 | 626,849,970 |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
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