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The Waves token, a cryptocurrency originating from the trading platform of the same name, seems to have the best days of the year after having recorded an increase of almost 50% in the last 24. A result that is quite important considering that the markets cryptocurrencies have had bearish behavior over the same period of time.
According to the coinmarketcap, the crypt is currently in 25th place in the world rankings and a few hours ago outperformed each of the crypts that precede it in the list. The token started a slow but stable uptrend that accelerated on December 4, bringing the token to monthly highs.
The reason for this trend was the recent announcement of the release of a significant update on the mobile wallet. After the app was released, the token reached a maximum of $ 2.34 on December 4 after trading at a price of about $ 1.5.
We are pleased to announce a long-awaited update of the #Onde Mobile app! Deposit, store and withdraw yours #crypto securely, exchange your assets on DEX, rent your own $ WAVES – everything is now available directly on your smartphone! Read more here: https://t.co/5Qp7YKTa8r pic.twitter.com/y5hsCXj2GV
– Waves Platform (@wavesplatform) 3 December 2018
New features available include digital asset management on the native decentralized platform (DEX), sending tokens to address book contacts, WAVES token leasing, and options for receiving alerts on suspicious tokens, while viewing charts. they deposit, store, exchange and recover cryptographic resources.
The bullish upside performance has generated many positive comments from the community. Reddit and Twitter users commented that cryptocurrency has sufficient growth potential, arguing that this trend should be sustained.
However, it is important to note that no matter how strong the increase, these "explosions" in prices are usually produced by an initial surge of interest in the market for new products which then tends to fall to break even.
Sasha Ivanov, founder of the platform, commented that probably within a few days will be added support for the equivalent to the erc20 tokens running on the platform.
https://t.co/EQhn7UTdUH $ waves release of smart assets coming next week. This is ours # Erc20 for native tokens. Doing things differently is always fun!
– Sasha Ivanov (@ sasha35625) December 4, 2018
According to its official website, Waves is a blockchain oriented to facilitate the transfer of tokens between users quickly and reliably. It provides tools to facilitate crowdfunding through the trading of tokenized resources
"WAVES is a decentralized blockchain platform that focuses on personalized token operations.The transfer of national currencies is maintained on the WAVES blockchain via compliant gateway operators."
update: by December 5, the waves have dropped by 13%
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