Waves is one of the cryptocurrencies that has been reproducing itself over the years. The cryptocurrency has focused on offering an open forum for decentralized applications (DApps). It processes payments with a reduced carbon footprint using Proof-of-Stake (PoS) consensus.

The effort has already progressed beyond its primary goal of delivering higher and faster data speeds than some of the featured projects. Waves has already achieved significant achievements, including a TVL of $2 billion, with more than 2 million user wallets.

Waves has also granted a special liquidity rate above 80% of the already locked wave tokens available on the network. As one of the initial coins of its era, Waves sets out to improve upon early blockchain products and platforms. Are you interested in investing in the altcoin? This article is the reference guide for all your queries. Buckle up as we decode plausible predictions for 2022 and the years to come.

Overview

symbolWavesMarket Cap$1,340,036,699.79Outstanding Supply108,227,770Trading Volume$924,388,990.31All-Time High$62.36All-Time Low$0.1227Possible Low Average PricePotential High$17.76$23.24$27.51

Waves landed in 2022 with an exponential drop in cost, priced at $15.07 on January 1. The price followed the downtrend to reach $8 on Jan 24. The price of the virtual asset hovered around $10 in February. However, its price skyrocketed to $17.95 on March 1.

Although price fluctuations in altcoins are widespread, this has been deemed too turbulent for the world’s largest asset. From the low of $32 on March 28, 2022, Waves rose to an all-time high of $62.36 on March 31. Within minutes of moderating its decline, it fell to $36 from its all-time high, having lost 25% of its value.

The price was around $20 at the beginning of April and dropped to $15 in the middle of the month. Netizens claim that founder Ivanov’s proposal temporarily lowered Waves’ liquidation threshold, sparking a dispute in the community. Also, the recent war between Russia and Ukraine is seen as a huge game changer in the price of crypto assets like Waves.

Waves (WAVES) Price Prediction for Q2

If the team hits the goals mentioned in the roadmap, they build cross-chain funding and head to their Inter-Metaverse project. Successful implementation could push the price to its full potential of $12.23. However, if the bears outperform the bulls, the price could drop to $8.61. That said, a balance in trading pressures could push the price to $10.55.

WAVES Forecast for Q3

If the network works to improve security and consistency. And find a growing number of applications. The price of the digital asset could accelerate to $18.71. Otherwise, the price could fall apart to its potential low of $12.37. Subsequently, constrained by a linear price path, the average price could find its base at $15.55.

Wave forecast for the fourth quarter

WAVES could be accessible in even more top edge locations in perhaps the most active DeFi territories and the United States. If the team successfully implements the US accelerator program, it can become a platform for Waves. In such a case, the price could go up to $27.51.

On the other hand, if the project does not meet its commitments, the price could drop to $17.76. Taking into account the bullish and bearish targets, the regular price could be at $23.34.

WAVES Price Forecast for 2023

Successful transition to Waves 2.0 with successful implementation of Proof-of-Stake Practical Sharding (PPOSS), EVM support, and governance models. Cross-chain Finance, Meta and its Accelerator program. It could generate fruitful results in 2023. Therefore, the price of WAVES could reach its maximum potential of $53.04.

On the other hand, emerging rivals, tougher competition, or regulatory compliance concerns could drag the price down to $27.57. With a balance in trading pressures, the regular price could settle at $39.8.

WAVES Price Prediction for 2024

WAVES could chew greener candles on the market charts if the protocol prospers with its control over NFTs and DAOs. In such a case, the crypto asset could rise to a maximum target of $99.65. Conversely, if the project falls victim to negative reviews, the price of the digital currency could head south towards $53.34.

Price trajectory for 2025

If the protocol manages to attract institutional investors and whales with its development and community building initiatives. The price of the altcoin could rise to a high of $202.15. Conversely, a potential financial crisis or market crash could push the price down to $96.32.

Year Low PotentialHigh Potential2023$27.57$53.042024$53.34$99.652025$96.32$202.15

What does the market say?

trading beasts

Trading Beasts price prediction for Waves in 2022 is that the cryptocurrency will reach a high of $51.08 in October. In 2023, the token is projected to lose value, trading around $31,682 in December.

By 2024, the Waves price is estimated to cross the $45,921 cost cap.

wallet investor

He expects the token price to average $43.26 in December 2025. With a high and low price of $66.66 and $54.48, respectively. The firm forecasts the price to reach $92,598 by 2027. Revenue is projected to be approximately +190.26 percent after 5 years invested capital.

Digital currency price

According to Digital Coin Price, Waves would trade on a positive slope in both the long and short term. This year, the price is expected to go up and will continue to sell for an average cost of $58.74. In 2023, it is predicted to break the barriers to reach a pinnacle of $70. But then it would correct and trade at around $66.75.

After reaching $68.75 in 2024, the positive trend could double in value. Trading between $77.12 and $96.01 in 2025. In 2026, the waves will drop to $80.69 before breaking above $100 in 2027. Analysts believe that by 2028, the market will have expanded by 50%. Trading at an average selling price of $150.

Government Capital

According to Govt virtual currency forecasts. Capital. Waves could amaze buyers by reaching a high of $134,896 in the next five years. According to the company’s predictive model, the potential value of the investment will be $30,483 (118,801%) one year from now. This implies that if users buy shares at $100 now, their earnings could be worth $218,801 on Tuesday, May 9, 2023.

Click here to read our Verasity Price Prediction (VRA)!

What is Waves?

Waves is the name of a proof-of-stake blockchain and the virtual currency that powers it. Waves allows you to create custom tokens and makes it easy to create crypto out of the box. Since you have integrated fiat currency portals like USD/EUR/CNY right into the wallet. Transactions could also be decentralized and funds raised quickly.

Sasha Ivanov, a theoretical physicist from Ukraine who operated in the innovation of the application and online payment channels. And neural network forecasting solutions. He is the CEO and Founder of the Waves platform. Ivanov was also involved in the production of the fast crypto exchange “Coinomat.com”.

The project helps speed things up for startup founders and shapes the future of community-supported efforts. As Waves could also be used to start ICOs to raise funds in projects around the world in a short period of time. Without trying to know the complex coding of blockchain.

fundamental analysis

The goal of the Waves team was to design a framework that could create new tokens. And the techniques to monitor and control them in a way as easy as launching a web application. Understanding crypto terminology and its systems can be challenging for many. But the Waves team has made a conscious effort to make the process as simple as possible.

Waves is indeed a promising endeavor causing a stir among investors and users. Waves has just released its next generation framework, which involves a number of infrastructure upgrades. That includes Defi features, the ability to develop DAOs, NFT markets, and various other projects adding to the list.

The aforementioned improvements will make it easier for developers and investors to explore both channels and transfer decentralized applications (dApps). Other optimistic developments in Waves 2.0 include an accelerator program and metaverse programs.

Our price prediction

If the platform welcomes a thriving user base and an increased rate of adoptions and collaborations. Waves could scale to its full potential of $27.5 by the end of 2022. On the other hand, if the protocol doesn’t live up to its expectations, the price could drop to $18.

Historical Market Sentiments

2016

WAVES was trading around $1.33 per token on June 2, 2016. It had dropped to $0.952301 on July 15. It fell further, reaching an all-time low of $0.1227 on August 2. Throughout 2016, the price barely moved, with the coin closing at around $0.2048.

2017-2018

Waves started 2017 with a price spread of $5.33 and reached $8 in December 2017. However, they landed in 2018 at $13.24 and traded for just $2.61 on June 30. It fell to $1.22 in December 2018.

2019-2020

2019 was a lifeless year for WAVES. The cryptocurrency was sold for $3.18 on January 1. And by December 2019, it had crashed to $1.78. On January 5, 2020, the coin was trading at $0.945 and its price was $6.03 per token on December 28, 2020.

2021

The coin traded for $5.59 on January 3 and $11.95 per token on February 15. On May 4, 2021, Waves reached an all-time high of $41.33. Towards the end of the year, Waves was trading at $16.23 on December 26. And managed to stay in this area until the end of the year.

To read our Origin Protocol (OGN) price forecast click here!

Frequently asked questions

Q: Is Waves a profitable investment?

A: Waves can be a good investment option if considered long term with calculated risks.

Q: Can you bet Waves?

A: Yes, in fact you can do it on any major crypto exchange.

Q: Where can I buy WAVES?

A: WAVES is available to trade on major cryptocurrency exchanges like Binance, Coinbase, Kraken, etc.

Q: How high will the price of WAVES reach by the end of 2022?

A: The altcoin could go as high as $27.51 by the end of 2022.

Q: What can be the maximum trading value of WAVES by the end of 2025?

A: The price of WAVES could reach $202.15 by the end of 2025.



This post Waves Price Prediction 2022: Will WAVES break above $20?

was published first on https://coinpedia.org/price-prediction/waves-price-prediction-will-waves-go-beyond-20/

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