Waves (WAVES) doubled its price within two weeks. What are Waves and WAVES tokens that saw ATH on April 9?
Waves (WAVES); It gained 66 percent on the monthly chart, 39 percent on the two-week chart and 29 percent on the weekly chart. Earning 18 percent on a daily basis, WAVES reached an all-time high of $ 20.82.
With a market value of $ 1.6 billion, the token is ranked 69. WAVES ‘daily trade volume is around 1.3 billion dollars.
What are Waves and WAVES tokens?
Waves; It is a decentralized, open source blockchain network that allows users to create tokens. Users can instantly transfer their developed tokens and start trading. The protocol also provides a variety of tools for developing web 3.0 applications.
Waves uses its own Ride programming language and states that this language provides convenience for developers. Leasing Proof-of-Stake (LPoS) mechanism is used in the network. Waves has its own exchange called Waves.Exchange and a wallet application called WavesFX.
The local token of the network is WAVES; It is used for transfer transactions, trading and payments required for applications. In addition, those who generate blocks on the network receive WAVES tokens as a reward. The total supply of the token is 100 million and can be obtained from Waves‘ own exchange or other central exchanges.
Among the exchanges listing WAVES; Bitexen, Binance, Kraken, VCC Exchange, WhiteBIT, Huobi, OKEx, Coinsbit, Crypto.com, FTX, Gate.io, Uniswap, EXMO, HitBTC, Bitcoin.com, KuCoin, Bittrex.