What Hourglass is

Hourglass (WAIT) is a token issued on Ethereum, currently ranked 346th by market capitalization among the assets we track. Rather than being its own blockchain, Hourglass is a token issued on a host chain and traded across that ecosystem. Standardized sector tags are thin for it, which makes liquidity and the project's own materials the better guide.

Hourglass (WAIT) is a decentralized platform designed for enhancing online privacy and enabling users to control their digital presence through its unique token mechanics. It aims to create an ecosystem where users can engage without sacrificing their anonymity and data security.

How to approach Hourglass

Because Hourglass is a token on a larger network, it inherits that chain's infrastructure but stands on its own demand. The useful signals are liquidity, supply, and whatever the project documents — not a sector narrative our data can't confirm.

Background & fundamentals

Hourglass is issued as a token on Ethereum rather than running its own base-layer blockchain. In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20).

Where Hourglass sits in the market

Trading around $0.00058724, Hourglass carries a market capitalization of $57.40K. Around $39.60 changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.07% of the float — on the quieter side, which can mean thinner liquidity for large orders.

Hourglass carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. WAIT remains -100% beneath its all-time high of $2.83, the kind of gap that historically takes a full cycle or a fresh catalyst to close.

What the price history shows

Volatility profile

Recent action puts Hourglass in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets.

How to evaluate Hourglass

A grounded read on WAIT comes down to three questions:

  • Liquidity — how deep and reliable trading in WAIT actually is, since thin books amplify both moves.
  • Supply dynamics — circulating versus maximum supply and the dilution that implies.
  • Primary sources — what the project itself documents, because standardized sector data on WAIT is limited.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.