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This article will help you refresh your knowledge of WAVES and its price history and also find out about WAVES price predictions till 2030.
Why You Should Check Price Predictions
Price predicting allows you to make wise investment decisions and monitor market tendencies. Difficult to believe, it was considered a scam by many financial institutions and users just a few years ago. The calculations were incorrect, which led to people losing their money. However, it is not a problem anymore.
Thanks to modern AI development, price predictions are getting more and more accurate. It is wise for any trader, no matter how professional they are, to check price predictions for better portfolio planning.
Today, we will talk about WAVES coin price prediction and recall its price history.
A Bit About WAVES
Waves is a blockchain network that lets users and traders create their own crypto tokens and trade them on the crypto market. This platform is a great alternative to Ravencoin platform, which has pretty much the same purpose.
WAVES operates as a native cryptocurrency of this network. Its purpose is simple — making payments and paying fees. It is also required to get access to some special Wave ecosystem’s services.
Another feature of this cryptocurrency is that it has no maximum supply, which concerns some community members. As you know, max supply helps control crypto inflation. So, investing in WAVES may lead to financial risks and losses in the future.
WAVES Price History
Before talking about Waves coin price prediction, let’s go briefly through its price history.
Since its launch in 2016, Waves coin’s price hasn’t increased up to May 2017. At that point, the price per coin increased quickly from $0.1 to $6.3. However, this didn’t last too long. It began to decrease in 2018 and dropped to the $1 point.
In 2020, WAVES went up again. It might be strongly connected both to the rise of cryptocurrency popularity and the crypto boom. This time, it skyrocketed to almost $36. One of the reasons may be the new financial regulations that appeared in the USA the same year. It is mostly related to the Bitcoin tax guide, but it also affected other cryptocurrencies and assets.
The peak price of WAVES was $41.33. Reached in May 2021, it fell off in the next several weeks due to the May market crash, leading to temporary instability and high volatility of the coin.
Based on WAVES price history, you can see that it has two tendencies: being highly volatile and high-priced or stable and low-priced. These states replaced each other, depending on various external and internal factors that influence the price formation of cryptocurrencies.
WAVES Price Predictions
Now, it is time to talk about WAVES’ price prediction by 2030. Here are what the experts say:
- Wallet Investor. This crypto financial platform believes that the price of one Waves coin will reach a $100 point by 2030. The algorithm also predicts the 90%-95% increase in price yearly;
- CryptoCurrency Price Prediction. This platform expects that the WAVES’ price reaches $650 per coin by 2030. Sounds a bit unrealistic, considering that no possible market crush or price drop is taken into account. Still, this prediction shows a positive tendency;
- Digital Coin Price. The experts of this platform predict that WAVES will increase up to $47 in 2025, $71.2 in 2028, and over $90 in 2030. They also think that this coin will steadily go up.
Based on these predictions, you can decide on whether to invest in this cryptocurrency or not. Still, remember that no AI system can predict everything and provide 100% reliable information. Some events happen unexpectedly. Don’t forget to check price predictions, but follow the market tendencies and news yourself not to lose your money.
Also Read: 5 Cryptocurrency Scams and How to Avoid Them
