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What Is the Waves price prediction today
AT A GLANCE
- In 2024, Waves price is expected to reach $6.565, according to some experts
- 2025 promises to be turbulent, with prices ranging from $0.521 to $6.949, with WalletInvestor predicting a breakthrough leading to a price rise to $6.949
- By 2030, WAVES price can hit $6.565
Waves fundamental analysis
Waves is a community-based stack of decentralized open-source technologies for the creation of scalable, user-friendly applications. It is a multi-purpose blockchain platform that enables NFTs, DAOs, and other new business models related to digital technologies.
Being a smart-contract-first platform, Waves allows the development of new dApps with their own tokens that are the iterations of the base version.
One of the main advantages of Waves is its scalability as it allows it to develop fast at a very low cost. The project also aspires to be eco-friendly and works on leaving a minimal carbon footprint. It is also interpolable and can be bridged to other ecosystems.
Waves was launched in 2016 by Ukrainian-born scientist Alexander Ivanov. The project held
one of the first initial coin offerings in the crypto space, which raised about $16 million. During the ICO Waves has minted 100 million tokens, from which about 85 million were distributed to the participants. The rest of the coins were kept for bug bounties, early investors, developers, and strategic partners.
The platform uses its own programming language called RIDE and also a modified proof-of-stake protocol named LeasedPoS. Since its launch, the platform has undergone several changes and got new features to build on its original design.
WAVES is the native token of the project used for the standard payments, including the block rewards. Token holders have the right to govern the platform and choose the changes to the protocol. The approvement of any modifications requires more than 80% of the votes to be in favor of it.
In October 2019 Waves coins holders voted for the project to move from a fixed to a deflationary token, which means that the number of tokens will increase over time.
Waves live price chart
WAVES coin is one of the best performances in 2022 so far. Moreover, it has been in a strong uptrend since the beginning of 2020. Last spring the token went up from the first week of April, but stayed around $36 just for two weeks and then went down as the crypto market started to turn bearish.
Till the beginning of August, 2021 Waves coin was above its average, but not going higher than $16.8. But from the middle of August, the situation started to change and the asset started to actively gain value. After reaching $26.2 on August 14 and went for a short correction and continued to grow.
On September 3, the WAVES token reached $30 and then went up to the level of $32 two weeks later. At the end of the month, the price dropped to $22 and started to recover only in the beginning of October. On October 13 the coin price reached $32.27.
As the market flipped bearish Waves also couldn’t maintain its position and went to a continuous downtrend that lasted till the end of February 2022 when the token was trading around $8.9-$9.5.
At the beginning of March, the WAVES token was trading strongly bullish. According to the market experts, WAVES then went to the corrective phase which is considered to be either flat or an irregular correction.
During the last week, WAVES gained 61% of its value. Recently WAVES had a crazy bullish pump in which it reached a new all-time high of $59.13 on March 30 and then lost 11% of its price gain to a correction.
Waves technical analysis
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Waves price prediction
Waves price predictions summary
Waves price prediction for 2024
Waves price prediction for 2025
Waves price prediction for 2026
Waves price prediction for 2027
Waves price prediction for 2030
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