The Waves blockchain was initially designed to facilitate the transfer of fiat currency and cryptocurrency and to optimize asset tokenization. Using the Waves Platform, users could deposit numerous cryptocurrencies and fiat currencies through external “gateway” service providers.
These assets could then be sent through the Waves platform as tokens and then withdrawn back into their original fiat or crypto form through a gateway. All of this could be accessed by downloading the Waves extension on your browser!
The live Waves price today is $14.33 USD with a 24-hour trading volume of $114,329,577 USD. Waves is down 9.66% in the last 24 hours. The current CoinMarketCap ranking is #76, with a live market cap of $1,535,387,397 USD. It has a circulating supply of 107,147,620 WAVES coins.
Waves has been trading inside a Triangle pattern since the May All-Time High ( ATH ). Recently it broke below the 1D MA200 (orange trend-line). The RSI is close to its November 2019 bottom. We saw the same pattern in late 2017 (June – November). At the time, once WAVESUSD broke below its 1D MA200, it made a bottom and then rallied for 1.5 months to its December 2017 Top ( ATH at the time) on the 1.786 Fibonacci extension.
Are you expecting a similar pattern continuation?
A month ago, WAVES is back in one of the top positions in the crypto market after overcoming losses in the previous weeks. The native cryptocurrency registered an increase in its value that exceeds 11.72 percent in the last 24 hours. Bruited as the embodiment of tech freedom for blockchain-based finance, Waves technology might as well be the tool for massive adoption. Let’s see why that’s possible.
What is the Waves crypto?
The Waves crypto blockchain is a source for users to create and then launch their custom crypto tokens. What makes Waves stand-apart from other such platforms is that it doesn’t require lengthy smart contract programming. Users can easily and freely trade the tokens they create over the blockchain. Each user has scripts that manage and create each user’s tokens and keep them safe from cyber hacks.
The main aim of the Waves team was to create a platform that develops new tokens, as well as the mechanism to regulate them, in a way that is as simple as launching any other web application. Crypto jargon and understanding its mechanics can be quite a complicated feat for some but the Waves team has made it a point to simplify the process as much as possible.
The assets that are created and designed over the Waves blockchain are then subject to the built-in Waves Exchange. The Waves Exchange helps set the path for the tokens created over the Waves blockchain itself as well as other tokens of WAVES.
Waves Crypto Overview
Waves Crypto Overview
Coin | Symbol | Price | Marketcap | Change | Last 24h | Supply | Volume (24h) |
---|---|---|---|---|---|---|---|
WAVES | $ 14.13 | $ 1.41 B | 12.50% | 100.00 M | $ 103.51 M |
How was Waves developed?
The Waves blockchain was developed back in 2016 by a Russian entrepreneur by the name of Sasha Ivanov. The founder wanted to develop a platform that simplified the crypto token process for users and gave them the autonomy to create their tokens with ease.
At the same time as developing Waves, Sasha developed the Waves Platform AG which is a non-profit company to drive and fund the blockchain. Operating from Moscow Russia, the Waves Platform has been the backbone of its domain blockchain network.
Back in 2016, right after the creation of the Waves cryptocurrency, the initial coin offering for WAVES was initiated. The process raised around $22 million in a short span of time. After the success of the coin offering, by the last quarter of 2016, WAVES cryptocurrency became fully functional.
How Waves blockchain operates
The background mechanics of the Waves blockchain aren’t too dramatic or complex. The software essentially uses two different types of nodes to run the system. The two nodes are full nodes and lightweight nodes.
The full nodes of the software are responsible for putting together and saving the history of the transactions. The lightweight nodes on the other hand are dependant on the full nodes for each transactions confirmation. The lightweight nodes also keep track of the one-on-one interactions between users across the network.
Alongside the system of nodes, Waves operates on the basis of a combination of POS and LPoS. Proof of Stake (POS) and Leased Proof of Stake (LPoS) work in sync to keep the network stable and to make it run smoothly.
Waves crypto market performance
For any prospective users of new crypto, they need expert and technical analysis of the crypto they want to invest in. Waves can prove to be a profitable investment option amongst the many in the crypto market. We have gathered a considerable amount of statistical and historical data on Waves price predictions to assist you with your decisions.
Waves crypto price prediction for upcoming days
The following chart suggests the Waves price for the upcoming days of the week. These price predictions show the maximum price and minimum price throughout the days. The expected maximum price is around$24.206 while the minimum price is $20.224.
WAVES price predictions for upcoming days/weeks
This trendline chart of the price of Waves is the portrayal of the above chart. With this, we can get an idea of the WAVES price and the expected maximum, and the minimum prices.
Source: WalletInvestor.com
Waves price prediction by WalletInvestor
WAVES can be a profitable investment option. Waves price equal to 14.439 USD at 2022-01-06. If you buy Waves for 100 dollars today, you will get a total of 6.926 WAVES. Based on our forecasts, a long-term increase is expected, the price prognosis for 2027-01-02 is 100.453 US Dollars. With a 5-year investment, the revenue is expected to be around +595.71%. Your current $100 investment may be up to $695.71 in 2027.
Wallet Investor price prediction two-week history
This long-term Waves forecast for the price of Waves encapsulates yearly data. We can see the waves price fall and whenever the price of Waves has maximized. The historical data shown in the chart dates back to 2017 and so we can see how there has been a significant price increase over time.
The charts below show the prognosis of the price of Waves and how it has fluctuated over different intervals of time. Here the price of Waves has been analyzed on yearly, monthly, and weekly statistics. We can clearly establish where the Waves price drop can be seen and where it has increased.
Source: WalletInvestor.com
Waves price trends by PricePrediction 2022-2030
Source: PricePrediction.net
Waves price prediction by TradingBeasts
Cryptopolitan price predictions 2021-2025
2022
For the year 2020, the minimum Waves price would be $35.75. The Waves price will however reach a maximum level of $43.01. The expected average Waves price is $36.76 throughout 2022.
2023
In 2023 the price of Waves is expected to be at a minimum price of $52.62. The WAVES price will then reach a maximum level of $62.77. The average price of Waves will be around $54.46
2024
Waves coins price is predicted to be at a minimum level of $75.64 in 2024. The WAVES price is expected to reach the maximum of $90.20. It will maintain an average price of $78.36 throughout 2024.
2025
It is expected that the WAVES price will reach its lowest possible level of $112.16 in 2025. The maximum possible price will however be $130.13. WAVES’ price will maintain an average price of $116.08.
Where to buy WAVES?
Waves can be bought in certain crypto exchanges but not in Coinbase. Cryptocurrencies not available for trading on Coinbase exist for educational purposes only and are selected based on market cap. The inclusion of educational cryptocurrency pages does not indicate that Coinbase will support any specific cryptocurrencies for trading in the future.
The WavesDEX has proven itself to be a reliable exchange for trading cryptocurrencies. Traders’ funds are considered to be safer than on regular cryptocurrency exchanges because the funds are held in personal cryptocurrency wallets, rather than on a centralized exchange database.
Waves’ Exchange disclosed the inauguration of a decentralized forex market (DeFo) on September 29. The new market will operate using stablecoins hooked to the rate of assorted fiat currencies. The market currently has seven different stablecoins.
As per the announcement, the initial seven stablecoins added to the platform include USDN, EURN, JPYN, CNYN, RUBN, UAHN, and NGNN. Furthermore, the firm revealed that the pairs added in the decentralized forex platform were created using the Neutrino protocol decided upon by ecosystem members.
If you wish to unstake USDN (Neutrino USD), sign in to your account on Waves. Exchange, hover over the Investments item and click on USDN in the Neutrino staking section. Click on Unstake USDN. In the popup that appears, enter the amount you wish to withdraw and again click on Unstake USDN to confirm.
Conclusion
We have studied all the Waves crypto price predictions based on present and past data. Waves investors and all other prospective buyers will be dependant on these statistics in order to make a good investment at the right time. Waves have shown promising results and offer the stability that is needed to make a good investment.
It is important to follow the investment advice of some expert or experienced person when it comes to entering the world of crypto. Every new user must perform due diligence before making a decision. The internet offers great predictions and statistics on digital coins and other assets. After conducting our own research we can easily make a sound choice.
Waves have attracted many investors and will continue to grow and attract even more users. The price predictions and other predictions made about the stability of the Waves coin must be considered before making any decisions.
Once you make ur own tokens over waves you can sell Waves tokens or buy more and by keeping track of the price predictions one can choose an appropriate time for each cause of action. All in all, Waves is more certainly good and stable crypto that must be explored.
FAQs about Waves
What is WAVES current price in the market?
The current price for Waves coin is $23.63 USD.
How profitable is it to buy Waves crypto?
Waves have the potential to earn over 96.76% every year. Waves price equals $30 currently, but investors must do prior due diligence before harvesting rewards on Waves.
Is WAVES crash to be expected soon?
No, according to technical analysis waves crash will not happen.
Is WAVES going to overtake Bitcoin?
No, although it is a profitable investment it still cannot surpass Bitcoin.
Are the WAVES prices expected to drop?
No, based on technical analysis, Waves price fall won’t happen.
How do I withdraw from my DEX account?
The DEX is integrated into waves.exchange now, just move your account over. Just go to https://waves.exchange and use your seed, then everything you had last time will wait in your account.
Source: https://www.cryptopolitan.com/waves-crypto-price-prediction/