Waves is a blockchain platform for business clients, DApps and smart contracts. It was launched in 2016 with an ICO and improved on earlier platforms. It also has its own decentralized exchange, waves DEX, where users can trade cryptocurrencies without intermediaries.
It has developed other features and products over the years, such as gravity, Neutrino and Waves DEX. Gravity is a network that connects different blockchains and data sources.
Neutrino is a platform that enables DeFi applications and stablecoins. Its native token is WAVES which is an ERC-20 asset that can be used for paying fees and rewards on the platform.
Waves crypto price currently seems to be recovering the previous day’s fall. The daily chart showcases that price bounced back from the 50-day EMA and resumed its upward trajectory.
However, it faced rejection near the recent swing high and declined. The bullishness was not enough to counter the bears near the recent swing high. Moreover, the price action is still in an uptrend. The bulls may accumulate at the lows and surge the price higher.
Waves Price Prediction 2023
The 24-hour trading volume was $50.265 Million with a drop of 26.07% compared to yesterday. This live market cap is $255.25 Million and it ranks 161st among the top cryptos. The volume-to-market cap ratio is 20.64%, indicating mild volatility in the market.
According to the analysts, the price of the Waves coin could reach up to $2.82 by the end of the year. The pessimistic view of analysts is that it could fall to $2.005.
Waves Price Prediction 2024
As per the analysts, the most optimistic target for WAVES cryptocurrency is $5.066, indicating an upside potential of 123.02% from the current market price (CMP). The average analyst price target is $4.26 by the end of 2024. However, the pessimistic view of analysts points at $3.329.
Waves Price Prediction 2025
The most optimistic analyst forecast for the Waves token expects the price to reach a high of $7.181 with a potential gain of 216.12% from the CMP. The minimum forecasted price by the end of 2025 is $4.225.
Waves Price Prediction 2026
The WAVES Crypto price may reach a high of $9.590 if a positive trend prevails in the crypto market. On the flip side, the most pessimistic view of the analysts expects the price to reach $6.704 by 2026.
Waves Price Prediction 2027
According to the analysts’ price prediction for the year 2027, the most optimistic view of analysts estimates a price target of $12.375. The minimum price that Waves may reach by 2027 is $8.539.
Waves Price Prediction 2028
On an optimistic note, the WAVES token price may advance to a high of $19.856 in the next five years. The minimum price target that this token may achieve is $12.171.
