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TürkçeWaves Information
Waves is an innovative blockchain platform designed to simplify the process of creating and managing digital assets. Its user-friendly interface and robust tools empower both individuals and businesses to launch their own tokens with ease. With a strong community-driven approach, Waves continues to evolve, offering a range of features that cater to the growing demand for decentralized finance solutions.
Waves, a multi-purpose blockchain platform, has garnered attention in the cryptocurrency community for its unique features and capabilities. Launched in 2016, Waves aims to facilitate the creation and management of custom tokens, providing an easy-to-use interface that appeals to both developers and non-technical users. In this article, we will explore the historical development of Waves, its advantages and disadvantages, and its future outlook in the crypto landscape.
A Historical Perspective on Waves
Waves made its entrance into the cryptocurrency market in June 2016, quickly gaining traction due to its innovative approach to token creation and decentralization. The platform's Initial Coin Offering (ICO) raised $16 million, which was significant at that time, highlighting the strong interest in its utility. Waves experienced a remarkable all-time high (ATH) of approximately $61.3 in March 2022, a peak fueled by enthusiasm surrounding decentralized finance (DeFi) and blockchain technology. However, like many other cryptocurrencies, it faced significant volatility, resulting in an ATH change of over 98% loss as of late 2023, with its current price hovering around $1.036.
Advantages of Waves
One of the primary advantages of Waves is its user-friendly platform for issuing and trading custom tokens, which requires no extensive technical expertise. This democratization of token creation has led to various projects being built on the Waves blockchain. Additionally, the platform's integration of decentralized applications (DApps) allows for a smoother user experience through the Waves Exchange.
Another key feature is the implementation of a unique leasing mechanism, which allows users to lease their Waves tokens to others and earn rewards, thus promoting liquidity within the ecosystem. The platform also emphasizes scalability and speed, which contribute to its appeal among users and developers alike.
Disadvantages of Waves
Despite its many advantages, Waves is not without its challenges. One of the significant concerns revolves around security. As Waves grows, its network may become a target for malicious activities, raising concerns about the robustness of the platform. Moreover, the recent decline in market valuation reveals its vulnerability to market sentiment and trends, which can significantly impact the confidence of investors.
Furthermore, while the unique features of the Waves platform are attractive, competition is intensifying with other blockchain platforms offering similar functionalities, such as Ethereum and Binance Smart Chain. This growing competition could hinder Waves' ability to maintain its market share and attract new users.
Future Outlook for Waves
The future of Waves could be promising if it continues to innovate and adapt to the evolving cryptocurrency landscape. The focus on enhancing scalability and security will be vital for regaining investor confidence. Additionally, strategic partnerships and collaborations could enhance its ecosystem and broaden its user base.
Overall, while the past performance of Waves reveals a rollercoaster of highs and lows, its unique propositions for blockchain technology could pave the way for a successful future if it can effectively navigate market challenges and competition. As with any cryptocurrency, potential investors should conduct thorough research and consider their risk tolerance before engaging with Waves.
For more information about Waves and its ecosystem, visit the official website: waves.tech.
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from price
$2
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General Information |
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Title
Waves
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Symbol
waves
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Whitepaper
-
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Website
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Community
-
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Last Updated
2025-01-21 23:51
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Price Data |
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Current Price $
1.65
$
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High 24h
1.68
$
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Low 24h
1.54
$
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Price Change 24h
-0.0015404676783084
$
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Price Change % 24h
-0.09342
%
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Market Data |
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Market Cap
164809357
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Total Volume
8588652
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Market Cap Change 24h
575592
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Market Cap Change % 24h
0.35047
%
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Return on Investment (ROI)
776.33194264792
%
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Supply and Availability |
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Circulating Supply
100000000
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Total Supply
100000000
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Max Supply
-
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Historical Data |
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All Time High (ATH)
61.3
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ATH Change %
-97.31766
%
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ATH Date
2022-03-31 14:34
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All Time Low (ATL)
0.130878
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ATL Change %
1156.38894
%
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ATL Date
2016-08-02 00:00
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