Coin highlights: Waves



WAVES (Waves) as Large-cap Coin is 43rd in the 2100NEWS ranking. The quality of the order book of RVN is Good. The average quality of the order book for large caps members of the NWSL100 index is 14. What is the true value criterion in the crypto world?

*Among all, the price is always at the forefront. By comparing with the index, we can gauge the price-performance with similar digital assets that are members of the index. Considering an investor’s point of view, peer comparison should be efficient and effective. We present you coins that are worth keeping in mind.

 

About coin

WAVES has been launched in 49 exchanges.

WAVES as Large-cap Coin is 43rd in 2100NEWS ranking (after Index Review of 28th February 2020). It is an Index member: NWST1100, NWSL100, NWSCo100.

 

2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 19.9, (Average for Large caps: 14)


Over the past week, the average market cap was $123.3 million, average daily volume was $63.6 million.


 

To make appropriate peer comparison we gauged the WAVES (Waves) coin with 2100NEWS DA Coin Index (NWSCo100). Looking at the daily chart below, at the top we can see the WAVES vs. NWSCo100, in the middle of the chart is the original WAVES price, at the bottom of the chart are NWSCo100 and correlation between WAVES and NWSCo100. On average (purple area graph), the relationship between WAVES and NWSCo100  has shown that WAVES was stronger in December and January, in the last four months, it has beaten NWSCo100 by over 70%. However, comparing the WAVES green area graph with the orange index area graph while observing the correlation graph, the correlation graph gives us an explanation that the correlation is strong (Pearson’s correlation coefficient = 0.68). For 65% of the time, it was moving in the same direction as the NWSCo100. As an index member WAVES has been a good representative of the NWSCo100 index in terms of price changes in the last four months.

2100NEWS observation:

They were very busy in 2019. They launched several new products and updates. The year ended with a migration from Waves DEX to Waves.Exchange, which will provide comprehensive licensing operations in developed countries. They care about their community. Their communities grew more rapidly than they expected. They regularly conduct workshops and hackathons worldwide. Anyone interested can find out more on their social media channels. They also run free educational courses for anyone interested in acquiring hands-on knowledge of Web 3.0 technologies. All useful content and tutorials can be found on their developer portal. They have 141.2K followers on Twitter.

 

About Waves – what they do

Waves is an open-source platform and decentralized environment for Web 3.0 applications, offering a wide range of purpose-designed tools for making the process of developing and running dApps easy and accessible. Waves has 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.

There are several ways to participate in the Waves platform:

  • Maintain the network via mining or leasing WAVES
  • Trade on Waves Exchange, or simply hold some tokens in your Waves wallet
  • Interact with dApps
  • Build dApps and other solutions for Web 3.0 development

Web 3.0 is a concept of the form the Internet will take in the future, powered by decentralized technologies — particularly blockchain. It is a vision of online services based on a decentralized and trustless model, maintained by users and code rather than by large centralized entities.

Waves Exchange is multi-purpose hybrid Software enabling users to experience the full functionality of the Waves blockchain by providing Users with the tools to issue, manage, transfer, burn, lease, and exchange tokens within the Waves blockchain and exchange other tokens for the Waves blockchain compatible tokens. Main functionality Waves Exchange provides the User with:

  • Exchange (powered by centralized Matcher) – hybrid exchange for the exchange and trading of cryptocurrency, tokens, digital coins and other digital assets (crypto-assets)
  • Waves Exchange Wallet – decentralized instrument providing Users with an interface to manage, send and receive Waves blockchain compatible tokens
  • Waves Exchange Gateways – centralized instrument for conversion of tokens of third-party blockchains to their analogs on the Waves blockchain and back
  • Waves Leasing – decentralized instrument for leasing of Waves token value to third parties holding Waves nodes
  • Waves Issue and Burn Transactions – decentralized instrument for the issuance and erasure (burning) of tokens on the Waves blockchain

 

General information

Waves were launched in 2016. The frontman is Sasha Ivanov. Waves operate between Switzerland and Russia. The parent company is based in Seychelles.

 

 

Exchanges: 50x, BCEX, Binance, Binance US, Bitbns, Bitcoin.com, Bithumb, BitMart, BitRabbit, Bittrex, BitUBU, Bitvavo, Coinall, CoinEx, Coinsbit, COSS, Crex24, Exmo, Exrates, Finexbox, Gate.io, Graviex, HitBTC, Hotbit, Huobi Global, Huobi Korea, Huobi Russia, Indodax, IndoEx, Kraken, Kuna, LATOKEN, Livecoin, OKEx, OKEx Korea, P2PB2B, Paribu, ProBit Exchange, SatoExchange, Sistemkoin, STEX, Tidex, Upbit, VCC Exchange, ViteX, Waves Exchange, WazirX, WhiteBIT, YoBit.

 

Website:      https://wavesplatform.com/

You can follow them:     Twitter     Medium     Reddit

 

Do you know more about this topic or would you like to report an error in the text? Leave a comment or email us at info@2100news.com.

 

The Crypto Highlights are considered the opinion of 2100NEWS and the material is for informational purposes only and 2100NEWS is not soliciting any action based upon such material. The material is not to be construed as an offer or a recommendation to buy or sell a security nor is it to be construed as investment advice. At the time of this article’s writing, the author did not hold any coins WAVES.



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