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The Waves currency has witnessed a market trend and increased by over 150%. Not only that, its price has risen to $ 2.49 per coin. Its value is also growing against BTC.
The cryptocurrency has entered the top 20 coins by market capitalization, but has returned to 22nd place while other currencies have risen in price. The market capitalization is currently $ 245 million.
Dynamics of the platform
Waves has its own decentralized exchange (DEX) where these tokens can be exchanged together with some of the most popular cryptocurrencies like bitcoin, Litecoin and Monero. There are 69 tradable coins on Waves DEX with over 20,000 custom tokens in use.
After introducing the functionality of an intelligent platform contract for the first time in September 2018, it now adds intelligent resources and intelligent account trading. An announcement has been posted on December 13 and functionality will be added to the blockchain mainnet when the miners of the platform will vote for their agreement. The platform also released its add-on wallet for the Firefox browser on December 14 and will launch a European platform for trading securities token in 2019.
There may be a growing trust in the blockchain. The platform announced that it has processed more transactions in one day than any other on October 21, 2018, reaching 6.1 million and exceeding Ethereum at 1.3 million and EOS at 5.4 million.
An advantage for investors
The platform could also interest investors with the dual activity of creating tokens and blockchain functionality of smart contracts and decentralized exchange, giving these two markets success.
In terms of emerging blockchains, Waves is not without competition. The TRON TRX price is not as good as WAVES. However, it is not affected so much by crypto-winter as by other coins. The use of dApp on the TRON blockchain has risen to 1 million transactions last week and the TRON Foundation has just launched its exchange. With so many successes in his kitty, Waves is ready to destroy the cryptography market.
