Price Analysis

WAVES Price Prediction

WAVES Price Prediction

Waves is an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions.

Waves.tech is an all-encompassing ecosystem of innovative technologies advancing technological frontiers for the pioneering developers of tomorrow and adopting them for every-day practical implementation. Leveraging the three practical and powerful blockchain protocols, Waves.tech provides both developer-friendly infrastructure as an experimental ground for innovation and ready-to use tools and products demanded here and now. Waves price is something that is on the watchlist of many traders.

Tokenization

Issuing your own token on the Waves blockchain is a piece of cake. The token is available for transfers and trading immediately: that’s perfect for crowdfunding and ICO.

Smart Сontracts

Waves offers a unique approach to decentralized application development: by avoiding gas and non-Turing-complete language we keep the system secure and predictable. For smart contract creation, Waves provides its native language called Ride. Its straightforward and developer-friendly syntax makes blockchain development easy and intuitive.

Leased Proof of Stake

Waves is based on a Proof-of-Stake consensus algorithm. Each participant’s chance to generate the next block is proportional to their economic stake in the network. Unlike Proof-of-Work, Proof-of-Stake is hardware-savvy and power-savvy, making attacks profitless for miners.

Users can lease their WAVES to a Waves node and get a part of the node payout as a reward, preserving full control over their WAVES under their accounts.

Performance

The Waves-NG protocol boosts blockchain performance to hundreds of transactions per second by using “liquid” blocks that grow continuously until the next block is created. It usually takes about 2 seconds to add a transaction to the block, which contributes to user experience of your apps.

Let us review WAVES price.

WAVES/USD – Price Prediction

waves

WAVES is currently trading above the support zone of $18.51. If it can close above this zone, we could start seeing a move towards $22.87, $29.86, $41.18 and $52.49. Failure to hold the support at $18.51 could lead to a drop towards $17.21, $15.88, $14.42 and $11.44.

Join us on Telegram to receive free trading signals.

For more information on cryptocurrency, visit the Altcoin Buzz YouTube channel.

Images courtesy of TradingView.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

Do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

 

Source: altcoinbuzz.io
View original post

Tags
Show More

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Close
Back to top button
Close