Waves (WAVES) Reaches Market Cap of $117.19 Million
by Tristan Rich · The Markets DailyWaves (WAVES) traded 2.1% lower against the dollar during the twenty-four hour period ending at 12:00 PM E.T. on October 28th. One Waves coin can now be purchased for about $1.01 or 0.00001469 BTC on popular exchanges. Waves has a market capitalization of $117.19 million and $12.13 million worth of Waves was traded on exchanges in the last 24 hours. Over the last seven days, Waves has traded 8.1% lower against the dollar.
About Waves
Waves is a LPoS coin that uses the Leased POS hashing algorithm. Its genesis date was April 12th, 2016. Waves’ total supply is 116,035,804 coins. Waves’ official Twitter account is @wavesprotocol and its Facebook page is accessible here. The Reddit community for Waves is https://reddit.com/r/wavesplatform and the currency’s Github account can be viewed here. The official website for Waves is waves.tech. Waves’ official message board is forum.wavesplatform.com.
According to CryptoCompare, “Waves is an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions, created by entrepreneur Sasha Ivanov in 2016. It provides backend support for Web 3.0 services and is designed to raise security, reliability, and speed of IT systems. Its purpose-designed tools make it easy and accessible to develop and run dApps, leveraging the properties of blockchain systems for security, auditability, verifiability, and trustless execution of transactions and business logic. Waves has released numerous successful blockchain-based solutions and has developed into a constantly-growing platform with a broad infrastructure.”
Buying and Selling Waves
It is usually not currently possible to purchase alternative cryptocurrencies such as Waves directly using US dollars. Investors seeking to trade Waves should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Waves using one of the aforementioned exchanges.
WAVES/USD price chart by TradingView