Waves Coin is known as one of the initial cryptocurrencies that comes to mind when thinking of DeFi. It is the 57th largest cryptocurrency by total market value and is currently trading at $2.53. Positive predictions about the future of Waves were made especially before DeFi became popular, and these predictions still seem valid today.
Waves is known as a cryptocurrency with open-source features similar to Bitcoin. The future of Waves is considered very promising due to its open-source nature. Although the price of Waves Coin has seen significant increases in the past months, it appears to be in a consolidation phase currently.
Waves Coin can be described as a decentralized exchange established by Russian developers based in Russia. Like Binance‘s BNB, Waves Coin serves a similar function within its exchange. Users can trade in a decentralized manner and create their own tokens to release to the market. In this aspect, the Waves platform seems to resemble Uniswap.
The primary goal of Waves is to provide a stable trading and exchange service without subjecting users to any central platform or intermediary. Users on the Waves platform can create their cryptocurrencies within minutes and release them on the same platform. Of course, since Waves is a decentralized exchange, it is necessary to correctly record the seed phrases and their order when opening an account.
Looking at the reviews of Waves Coin, its status as one of the most important decentralized exchange platforms stands out. When examining the price charts of Waves Coin, it is observed that the price has risen above $15 during the bull period. This indicates that a rise is still possible for WAVES, currently trading at $2.53.
With such notoriety and search interest, Waves Coin could also present a real opportunity for growth. To purchase Waves, simply use the Binance cryptocurrency exchange.
Waves Coin can be easily purchased on Binance by following these few steps: