Waves
$1.64 -0.23%
WAVES · 17w

It a good idea to be long on Waves (WAVES) coin.

Waves fared like your average altcoin throughout the month of July. It experienced its monthly highs in early July, when its BTC price peaked at 47850 satoshi. The USD value saw its climax later on July 18th, when the coin peaked at $3,27 USD. Since then WAVES kept slowly petering off throughout the rest of the month, and this price slide continued into the month of August. Waves coin is currently priced at $1.88 USD (a drop of 2.31% in the last 24 hours)/25030 satoshi (a drop of 1,78% in the last 24 hours). Waves is currently valued at $187,044,195 USD which is just enough to keep the coin placed as the 49th most valuable cryptocurrency on the market. It currently has a minuscule trading volume of 766,73 BTC, of which more than 90% is being exchanged on the Waves DEX and Binance.

Waves, the project founded in 2016 by Alexander Ivanov, held the second biggest crowdsale in blockchain history which managed to collect 29634 Bitcoin at the time. Over 20 thousand of those are apparently still owned by the Waves company and will be invested into further project development.

And development is indeed on the way, as Waves recently announced that their client is finally out of beta testing, meaning that the official 1.0 version has been made available to the public.

https://twitter.com/wavesplatform/status/1021820558231719936

The Waves beta client was live since December of 2017 and has seen 53 updates before the current 1.0 version was released. The client will have several useful features, including a Token Launcher (for issuing custom tokens), Waves Wallet (for storing your crypto/fiat currency), an Asset Manager (a new feature that makes it possible to search, pin, and unpin tokens on the main page) and a fully operational Waves DEX.

The platform is a token exchange which facilitates the process of sending, exchanging, and storing tokens. They recently announced a backlog of educational videos which their developers created in order...

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