WAVES token price surges 100% in seven days: here is the reason why?

WAVES token price surges 100% in seven days: here is the reason why?
фото показано с : coinjournal.net

2022-3-7 09:22

WAVES token has outperformed the broad crypto market with a wide margin. Its value has more than doubled over the past week. Its trading volume has also surged by more than 200% over the past seven days.

At the time of writing, WAVES is trading at $18.82 up 2.5% in the last 24 hours.

WAVES uptrend has given hope to the crypto market especially since a majority of major tokens including Bitcoin are plummeting due to the Russia-Ukraine issue.

Let’s now take a deep dive and see what the price rise is all about.

Why is the price of WAVES token rising?

Before we discuss the price movement, it is important to first explain what WAVES token is.

WAVES token is the native cryptocurrency of the WAVES blockchain network, which is an open-source blockchain that allows the use of Smart Contracts and decentralized apps (DApps).

Three main factors can be attributed to the current bullish trend of WAVES’ price. These are Binance announcement that it shall start accepting WAVES, the update of WAVES 2.0, and the upcoming WAVES metaverse later this month.

Binance announcement

Binance announcement that it will start accepting WAVES tokens as collateral for its loan platform has been a major factor in the recent WAVES price surge. During the announcement, Binance also approved THETA, SLP, MATIC as collateral assets.

WAVES 2.0 update

Recently, WAVES had announced that they will update WAVES 2.0 to enhance interoperability with other networks through the support of Ethereum Virtual Machine (EVM). The update shall also enable users to access digital assets on several mainstream networks.

WAVES also announced their integration with multi-chain hub Allbridge to enable WAVES connectivity with several EVM and non-EVM networks.

After the integration, Allbridge said:

‘’Our goal is to create a unique bridge between Waves and supported EVM as well as non-EVM chains, such as NEAR Protocol, Solana, and Terra.’’

In addition, the project has also established WAVES Labs, a Miami-based company, to develop products for the U.S market as well as launch a $150 million fund for its adoption in the United States.

The post WAVES token price surges 100% in seven days: here is the reason why? appeared first on Coin Journal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Waves Community Token (WCT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 1.05 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.1615 (-100%)

token waves days reason price 100 surges

Источник: coinjournal.net

token waves → Результатов: 96


Waves, Verge, Ethereum Price: Waves' double bottom pattern shows promise of 23%-37% surge

Only, the Waves token shows promise with the formation of a double bottom pattern. Ethereum and Verge are all exhibiting bearish sentiment. Ethereum is stuck between the 50 and 200DMA while, Verge is The post Waves, Verge, Ethereum Price: Waves' double bottom pattern shows promise of 23%-37% surge appeared first on AMBCrypto.

2020-4-6 23:30


Kraken добавит поддержку Basic Attention Token и Waves

Криптовалютная биржа Kraken в эту среду анонсировала грядущий листинг двух крупных цифровых активов. Kraken is listing BAT and WAVES starting August 22. More details here: https://t.co/bfgGVthzP6 — Kraken Exchange (@krakenfx) August 21, 2019 22 августа в 16:30 МСК пользователям Kraken станет доступна возможность ввода, вывода и обмена Basic Attention Token (BAT) и Waves (WAVES). Следующие пары […]

2019-8-22 20:03


Биткоин-биржа Kraken добавит поддержку Waves

22 августа криптовалютная биржа Kraken добавит в листинг монеты Waves и Basic Attention Token (BAT). Kraken is listing BAT and WAVES starting August 22. More details here: https://t.co/bfgGVthzP6 — Kraken Exchange (@krakenfx) August 21, 2019 Согласно анонсу, ввод/вывод новых активов станет доступен с 13:30 UTC. В это же время можно будет разместить и ордера на […]

2019-8-22 19:46


Kraken exchange lists BAT and WAVES token for trading

Given the need to build differentiators in order to survive the market, crypto businesses have taken the “collaboration” approach to the next level. While ecosystems such as Cardano and Ripple are making headlines for hiring some of the most influential players across the fintech landscape, crypto exchanges are racing to list the most innovative and […] The post Kraken exchange lists BAT and WAVES token for trading appeared first on AMBCrypto.

2019-8-21 17:25


дальше еще 47 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Kalshi bettors favor Brian Brooks as SEC Chair under Trump 2.0

A potential Brian Brooks SEC chairmanship could signal a shift towards more crypto-friendly policies, impacting regulatory approaches and market dynamics. The post Kalshi bettors favor Brian Brooks as SEC Chair under Trump 2.0 appeared first on Crypto Briefing.

XRP breaks through $1 amid Trump-Ripple CEO meeting speculation

XRP's surge highlights potential shifts in crypto regulation and market dynamics amid political and leadership changes, impacting investor sentiment. The post XRP breaks through $1 amid Trump-Ripple CEO meeting speculation appeared first on Crypto Briefing.