Waves is a community-based stack of open-source, decentralized technology for building user-friendly, scalable apps. It is a flexible blockchain platform that supports new business models for digital technologies like DAOs and NFTs.
Waves, a platform that prioritizes smart contracts, permits the creation of new decentralized applications (dApps) with customized tokens that build upon the original.
Waves’ scalability, which enables rapid development at a minimal cost, is one of its key features. The project also strives to be environmentally friendly and has a low carbon footprint. It can also be bridged to other ecosystems and is interpolable.
Scientist Alexander Ivanov, who is of Ukrainian descent, introduced Waves in 2016. Project success
one of the first cryptocurrency initial coin offerings, which raised roughly $16 million. Waves issued 100 million tokens during the ICO, of which 85 million were allocated to participants. The remaining monies were saved for bug bounties, early backers, developers, and business associates.
The platform makes use of a customized proof-of-stake protocol called LeasedPoS as well as its own programming language called RIDE. The platform has undergone numerous revisions and received additional features since its debut in order to improve upon its initial concept.
The project’s native cryptocurrency, WAVES, is utilized for all regular payments, including block rewards. Holders of tokens have the authority to control the platform and decide which protocol updates to make. Any revisions must receive more than 80% of the votes in order to be approved.
Waves coin owners approved the project’s change from a fixed to a deflationary token in October 2019, which means that the total supply will rise over time.
Technical Analysis of Waves
Although it is difficult to provide 100% accurate technical analysis for the Waves cryptocurrency, you can view the aggregated WAVES buy-and-sell rating in real-time for the chosen timeframe using TradingView’s advanced technical analysis tool. Moving averages, oscillators, and pivot points are the three most prominent technical indicators used to calculate the summary for WAVES/USD.
Waves Price Forecast
The most trustworthy Waves (WAVES) price forecasts have been compiled here from well-known forecasting websites.
Price Forecast for Waves in 2022
As of the end of 2022, most analyses indicate that the price of Waves will be around $3.65274, and WalletInvestor even mentions the prospect of the price reaching $8.496 by the end of the year.
Price forecast for waves for 2023
According to PricePrediction.net’s Waves price projections for 2023, the currency will cost $2.48025 by December. When predicting the future of Waves, WalletInvestor predicts that its price will continue to fall, reaching $0.298 by that time. On the other hand, TradingBeast consistently projects that Waves will increase in value, with values of $3.63901 in 2023.
Price forecast for waves in 2024
The majority of analysts’ Waves price projections for 2024 are still pessimistic; some forecast prices in the $0.375–$2.14955 range (WalletInvestor, PricePrediction.net), while TradingBeast takes a different tack and suggests that the price may rise to $3.42182 in December 2024.
Price forecast for waves for 2025
Waves will only be worth $2.21569 by the end of 2025, according to PricePrediction.net’s pessimistic 2025 Waves price estimate. WalletInvestor concurs with a pessimistic estimate and projects $0.2033 for the same time frame. However, the staff at TradingBeast is more upbeat; they estimate that Waves will only cost $3.37474 in December of this year.
Price Prediction for Waves in 2030
Regarding long-term Waves price forecasts for 2030, scientists offer two opposing viewpoints. According to TradingBeast, Waves’ price will continue to rise until it reaches $3.340993 by the end of the decade. The forecast of an upswing to $3.93533 echoes with PricePrediction.net’s price estimate for Waves. WalletInvestor, though, has a less than optimistic outlook, predicting a decline to $0.154508.
The analysis mentioned above makes it evident that Waves (WAVES) projections are rather incoherent. Whether future WAVES price movements will be up or down, there is no general agreement. Indeed, a variety of elements, including announcements, new technological advancements made by Waves projects, the overall crypto ecosystem, legal status, and others, will influence the potential growth in the future.