Waves Reaches Market Cap of $675.34 Million (WAVES)

Waves (WAVES) traded 2% higher against the dollar during the one day period ending at 12:00 PM E.T. on August 6th. Over the last seven days, Waves has traded up 4.1% against the dollar. One Waves coin can now be purchased for about $6.20 or 0.00026692 BTC on exchanges. Waves has a total market cap of $675.34 million and $242.43 million worth of Waves was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Qtum (QTUM) traded up 4.6% against the dollar and now trades at $4.20 or 0.00018099 BTC.
• Lisk (LSK) traded up 2.2% against the dollar and now trades at $1.20 or 0.00005158 BTC.
• WhiteCoin (XWC) traded 0.2% higher against the dollar and now trades at $0.0609 or 0.00000262 BTC.
• Sentinel Protocol (UPP) traded up 1.8% against the dollar and now trades at $0.0790 or 0.00000340 BTC.
• Neblio (NEBL) traded 1.1% lower against the dollar and now trades at $0.50 or 0.00002175 BTC.
• Nxt (NXT) traded 0.7% lower against the dollar and now trades at $0.0033 or 0.00000014 BTC.
• TransferCoin (TX) traded 1.1% higher against the dollar and now trades at $0.21 or 0.00000926 BTC.
• Blocknet (BLOCK) traded down 10.1% against the dollar and now trades at $0.18 or 0.00000778 BTC.
• BlackCoin (BLK) traded down 3.7% against the dollar and now trades at $0.0139 or 0.00000060 BTC.
• Atmos (ATMOS) traded 5.9% higher against the dollar and now trades at $0.0036 or 0.00000015 BTC.

Waves Profile

Waves (CRYPTO:WAVES) is a LPoS coin that uses the Proof of Stake hashing algorithm. It launched on June 12th, 2016. Waves’ total supply is 108,990,118 coins. The Reddit community for Waves is /r/Wavesplatform and the currency’s Github account can be viewed here. The official website for Waves is waves.tech. The official message board for Waves is forum.wavesplatform.com. Waves’ official Twitter account is @wavesplatform and its Facebook page is accessible here.

According to CryptoCompare, “Waves is an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions, aiming to raise security, reliability and speed of IT systems. It enables anyone to build their apps, fostering mass adoption of blockchain, with a wide range of purpose-designed tools for making the process of developing and running dApps easy and accessible. Launched in 2016, Waves has since released numerous successful blockchain-based solutions and has steadily developed into a rich and constantly-growing technological platform. Waves’ technology is designed to address the needs of developers and companies that want to leverage the properties of blockchain systems – including their security, auditability, verifiability and the trustless execution of transactions and business logic. Waves Platform provides everything required to support the backend of Web 3.0 services. In 2017, Waves successfully launched its mainnet with LPoS, pioneer decentralised exchange DEX and later the Waves-NG protocol. In 2018, the Waves development team delivered the first implementation of smart contracts. This was followed by the release of the RIDE programming language in 2019, a simple and powerful language for programming logic. Moreover, in June 2019 the mainnet of Waves Enterprise, a global private blockchain solution, was launched. All of this is complemented with a broad infrastructure: an IDE for sandbox development, tools, SDKs, libraries, frameworks and protocols for convenient and easy integrations. “

Buying and Selling Waves

It is usually not possible to purchase alternative cryptocurrencies such as Waves directly using US dollars. Investors seeking to acquire Waves should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Waves using one of the exchanges listed above.