Waves (WAVES) | Buy Waves Now |
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In addition to Waves tokens, thousands of other kinds of tokens have also been released on the platform, many of which have gone through an ICO and have huge potential... | |
CVIX | 27 |
Current price | $2.30 |
Change 24h | -0.33% |
Change 7d | -4.28% | Market Cap | $263 419 230 |
Available supply | 114 573 238 WAVES |
Volume 24h | $22 231 279 |
Updated | Sunday, May 12, 2024 2:02:56PM UTC |
Nature | Token |
Mineable | No |
Discussion | |
WWW | Website |
After | Price | Change |
1 day | $2.18 | -5.13% |
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General WAVES facts, technical details and Waves Cryptocurrency information
Waves is a multi-purpose blockchain platform which supports various use cases including decentralized applications (DApps) and smart contracts. Launched in June 2016 following one of the cryptocurrency industry’s earliest initial coin offerings (ICO), Waves initially set out to improve on the first blockchain platforms by increasing speed, utility and user-friendliness.
The platform has undergone various changes and added new spin-off features to build on its original design.
Waves’ native token is WAVES, an uncapped supply token used for standard payments such as block rewards.
Waves is synonymous with its founder, Ukrainian-born scientist Alexander Ivanov (also known as Sasha Ivanov). Prior to creating Waves, Ivanov was already active in the cryptocurrency space, having released the now-defunct instant exchange Coinomat and indexing site Cooleindex. He also created an early version of a stablecoin, CoinoUSD, tied to the U.S. dollar.
According to Waves’ marketing literature, the company now employs over 180 people at locations including Moscow and Switzerland.
As one of the first offerings in its field, Waves set out to improve on the early blockchain platforms and products. From the outset, it aimed to appeal to prospective business clients looking to use blockchain to improve processes or create new services.
Waves supported smart contract and DApp development, ensuring that speeds and ease-of-use surpassed competition at the time. Since then, other products have appeared, including Gravity, a cross-chain and oracle network, and decentralized finance (DeFi) focused platform Neutrino. Waves DEX is a decentralized cryptocurrency exchange.
In 2020, Waves announced that its platform would be interoperable with the Ethereum network by releasing the WAVES token as an ERC-20 standard asset.
WAVES began as a fixed-cap token for the Waves platform with 100 million tokens available. In its ICO — which raised 30,000 BTC — 85% of the supply went to sale participants, 4% to partners and supporters, 9% to the developers and 1% each to early supporters and bounty schemes which occurred after the ICO.
Its utility increased in time, and in 2019, it was decided to remove the supply cap, with decision-making transferred to network participants.
Currently, the block reward is 6 WAVES, and any changes come in the form of votes — users must choose whether or not to decrease the block reward by 0.5 WAVES every 110,000 blocks.
Waves uses a modified proof-of-stake algorithm called WavesNG. The technology is based on Bitcoin-NG, a scaling proposal by well-known Bitcoin advocate, Cornell University developer Emin Gün Sirer. Waves highlights that its code is open source, allowing for more trust and ease of maintenance than closed source enterprise blockchain solutions.
WAVES, as a cryptocurrency on the market for over four years, is widely tradable on a large number of exchanges. Pairs operate between WAVES and other cryptocurrencies, stablecoins and fiat currencies. Volumes are highly distributed, with Binance and Huobi Global among the largest market venues.
Date | Open, $ | Min, $ | Max, $ | Market cap, $ |
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May 03 | 2.36 | 2.32 | 2.43 | 277 861 110 |
May 04 | 2.42 | 2.40 | 2.44 | 277 363 485 |
May 05 | 2.42 | 2.39 | 2.43 | 277 490 976 |
May 06 | 2.44 | 2.41 | 2.49 | 275 698 456 |
May 07 | 2.39 | 2.36 | 2.44 | 271 872 692 |
May 08 | 2.35 | 2.31 | 2.38 | 267 143 273 |
May 09 | 2.34 | 2.33 | 2.41 | 276 412 176 |
May 10 | 2.41 | 2.31 | 2.43 | 264 210 684 |
May 11 | 2.30 | 2.29 | 2.32 | 262 721 789 |
May 12 | 2.30 | 2.28 | 2.31 | 263 419 230 |
* Crypto Rating accepts no liability for any errors in the Waves information, WAVES Prices and WAVES's Market Cap. For the most up-to-date prices please visit the Waves's official website.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | BTC | Bitcoin predictions | 90% | 13 | $61 204.83 | 0.42% | -4.50% | $1 205 572 790 529 | ||
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2 | ETH | Ethereum predictions | 85.6% | 18 | $2 935.27 | 0.77% | -6.74% | $352 558 480 722 | ||
3 | USDT | Tether predictions | 90.8% | 1 | $0.999686 | 0% | -0.04% | $110 805 252 759 | ||
4 | BNB | Binance Coin predictions | 90% | 15 | $593.57 | 0.40% | 0.92% | $87 603 650 725 | ||
5 | SOL | Solana predictions | 82.4% | 29 | $145.17 | 0.08% | -1.23% | $65 114 320 083 | ||
6 | USDC | USD Coin predictions | 92% | 1 | $1.000123 | 0.01% | 0.01% | $33 133 318 008 | ||
7 | XRP | XRP predictions | 90.8% | 13 | $0.504806 | -0.17% | -4.61% | $27 945 648 448 | ||
8 | TON | Toncoin predictions | 73.2% | 50 | $6.99 | 4.17% | 19.73% | $24 297 836 235 | ||
9 | DOGE | Dogecoin predictions | 80.8% | 32 | $0.142821 | -0.89% | -11.15% | $20 603 549 644 | ||
10 | ADA | Cardano predictions | 87.2% | 16 | $0.442222 | -0.58% | -3.60% | $15 771 299 012 | ||
11 | SHIB | SHIBA INU predictions | 78% | 44 | $0.000023 | -0.45% | -8.96% | $13 297 989 375 | ||
12 | AVAX | Avalanche predictions | 81.2% | 31 | $33.81 | 0.61% | -9.48% | $12 898 619 590 | ||
13 | TRX | TRON predictions | 84% | 31 | $0.126725 | 0.21% | 4.54% | $11 086 176 289 | ||
14 | WTRX | Wrapped TRON predictions | 82% | 31 | $0.126388 | -0.06% | 3.96% | $11 056 704 288 | ||
15 | STETH | Lido stETH predictions | 96% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |
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Real-world adoption and a growing DeFi ecosystem help lift the price of WAVES to a new all-time high. Real-world adoption and the ability to service the needs...
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