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Waves Price Prediction: Is WAVES a Good Investment?

  • 30 August 2021
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In this post, we will take a closer look at WAVES price prediction to find out whether Waves is worth investing in or not?

If you are interested in knowing more about Waves and the coin’s performance in the future, continue reading this article. Here we will learn together more about what is Waves (WAVES) and how successful it has been on the crypto market so far. Additionally, we will bring you the most recent market analyses and opinions about WAVES price predictions provided by reliable and recognized experts and analysts around this coin. Reviewing the WAVES technology, achievements, price history, and price prediction will help us better decide if it has to be added to the investment portfolio or not.

What is Waves?

Waves is an open Blockchain platform that started in May 2016 and turned into one of the earliest players in DApps and Smart Contracts. It has various uses, and it is most commonly utilized as a platform to develop decentralized apps and to add value to the benefit of blockchain. It has a Smart Contract Chain similar to Ethereum. In a sense, by bringing various blockchains onto one unified network, Waves is one of the most exciting projects based on multi-chain infrastructure and a competitor of Ethereum.

It aims to increase the security, reliability, and speed of IT systems. In essence, Waves’ technology is designed to satisfy the needs of developers and companies that want to leverage the properties of blockchain systems –including their security, verifiability, impeccable governance, and the seamless execution of transactions and business logic. Waves Platform provides everything necessary to support the backend of Web 3.0 services. In 2017, Waves successfully launched its mainnet with LPoS. In this way, WAVES is an LPoS coin that uses the Proof of Stake algorithm.

The Waves development team released the first implementation of smart contracts in 2018. This followed by the debut of the RIDE programming language in 2019, a straightforward and powerful programming language. Furthermore, in June 2019 the mainnet of Waves Enterprise, a global private blockchain solution, was launched. All of this is complemented by a broad infrastructure: an IDE for sandbox development, tools, SDKs, libraries, frameworks, and protocols for convenient and quick integrations.

WAVES Coin

The native coin of Waves known by the ticker -WAVES- intends three principal purposes, including governance over the network, staking, and bonding. Also, Waves has established agreements with some major organizations such as Microsoft, Russian Gazprombank, and the Moscow Stock Exchange to use WAVES coin as a payment method. Moreover, the total supply of WAVES is limited to only 100 000 000 coins. It provides some extent of protection against inflation.

WAVES Team

We will now take a look at the Waves founding team. It will help us determine how capable the core team of Waves is? The answer to this question will help us better decide whether to invest in this coin or not. After all, who knows better about the future of this coin except the core team itself? They are the project’s decision-makers.

WAVES project was founded by Ukrainian-born scientist Alexander Ivanov (also known as Sasha Ivanov). He is an ambitious Russian technology guru and theoretical physicist with a previously fruitful exchange business called Coinomat.

Before creating Waves, Ivanov was already active in the cryptocurrency space. He is publicly active in the development of Waves, giving frequent interviews on the platform and trends in the blockchain industry. He is also quite active on Twitter.

Additionally, Philipp Eryushev is the Chief Marketing Officer (CMO) of Waves Platform. It has been said that he has been in the digital field since 2012. There are also dozens of experienced Russian engineers and developers working on the project. The waves company now employs over 180 people at locations including Moscow and Switzerland.

WAVES Team

Image Source: The Waves Team

They did so well during these years, without a doubt. Nevertheless, they are not as good as the core team of some other rival altcoin projects like Ethereum. Waves competitors have higher-profile and more famous names in their executive positions.

A Review of WAVES Price History

A Review of WAVES Price History

Source: TradingBeasts (WAVES at a Glance)

Let us briefly review its price history till now before jumping into detailed WAVES price prediction.

The coin had a successful start in the crypto market. WAVES debuted at an initial price of $0.19 during its ICO on April 12, 2016. At the time, it was one of the most successful ICOs ever. When Waves first started trading, the price was slightly above $1. The value of Waves rose to $1.65 (an 800% gain) before falling to $0.12 (a 37% decline) for the rest of the year. The competitive environment and skepticism concerning the cryptocurrency industry at the time hindered its growth and led to a year-long static phase, during which the price of the coin did not experience significant changes.

In May 2017, everything changed when the cryptocurrency market entered its famous uptrend era. By the end of December 2017, the WAVES coin marked a massive rise in prices and crossed $16. However, after facing rejection around the $16 mark, it faced a drastic decline. Waves experienced a decrease in price throughout the year 2018 and fell around $2 around the beginning of 2019. But, it has to be noted that WAVES has always managed somehow to recover soon. Later, the coin marked a flat trend, but after October 2020, it never looked back and showed continual growth.

Source: CoinMarketCap (WAVES Price form 2016-2021)

WAVES price grew tremendously in 2021.WAVES coin has experienced an upward trend since April 24, increasing from $13.50 to its all-time high of $ $41.33. in May 2021. This price boom led to a surge in investors’ interest.

At the time of writing this article on August 29, 2021, one WAVES is worth $25.23 on major cryptocurrency exchanges like Binance. It shows a %5.49 decrease in the last 24 hours and holds the 50th rank based upon CoinMarketCap. You can also exchange one WAVES for 0.00051718 Bitcoin(s). The value (or market capitalization) of all available WAVES in U.S. dollars is $2.67 billion. Currently, WAVES is trading on Binance, Tokocrypto, OKEx, FTX, and Huobi Global exchanges.

Source: Trading View (WAVES versus BTC price comparison chart)

The chart above shows that when the price of BTC rises or falls, the value of WAVES rises or falls as well.

Based on Technical analysis, WAVES is now fluctuating in a $23 range. Significant resistance and support levels shown below.

Source: WalletInvestor (WAVES Technical Analysis)

WAVES Price Prediction in 2021 and Onwards

Providing cryptocurrency price predictions can be challenging, given the volatility of the market. Historically, the cryptocurrency market is known for its volatility. In this regard, before examining WAVES price prediction, it is essential to remember that these price predictions are just speculations, and it is impossible to predict the market precisely and with total certainty.

Digital Coin WAVES Price Prediction

According to their predictions, WAVES is expected to record tremendous growth and cross $47 by the end of 2021.

Source: Digital Coin (WAVES Price Prediction)

The platform predicts that WAVES will be $38.45 in 2021. Moreover, LEO’s predicted price will reach ($44.29) in 2022, ($54.45) in 2023, ($63.64) in 2024, ($73.2) in 2025, ($85.39) in 2026, ($98.7) in 2027, and finally ($111.22) in 2028. Then, according to the data derived from Digital coin, the lowest price of WAVES in the future will be up to $100.1, and its highest price in the future will be up to $123.42. Therefore, WAVES prices will increase according to their predicted data in the future.

WalletInvestor WAVES Price Prediction

According to the WalletInvestor forecast system, WAVES is an awesome long-term (1-year) investment. If you are looking for virtual currencies with good returns, WAVES can be a profitable investment option. Based on the forecast, a long-term increase is likely. The price prognosis for 2026-08-22 is 110.058 US Dollars. With a 5-year investment, the revenue estimated to be around +343.39%. Your current $100 investment may be worth up to $443.39 in 2026.

Source: WalletInvestor (Short-term WAVES Price Prediction)

Long-term Waves Price Prediction

Therefore, as shown in the graphs above, the Waves price can go up from $24.822 to $42.613 in one year. The long-term earning potential is +71.67% in one year. WalletInvestor thinks that the Waves (WAVES) future price will be $110.058 in 2026. Since this digital asset has a positive outlook, WalletInvestor recommends it as a part of your investment portfolio.

Gov Capital Waves Price Prediction

As per their crypto forecasts, Waves will most probably surprise investors hitting a peak of $69 over the next five years. To predict future prices, their website employs a custom algorithm based on Deep Learning, as well as several other variables such as volume changes, price changes, market cycles, and similar coins. That helps investors to decide better if the intended digital asset could be a good portfolio addition for the future or not.

Accordingly, WAVES price prediction is at $32.451189571009 after a year. This means that if you invested $100 now, your current investment may be worth $128.52 on 2022 August 29, 2022. Moreover, this WAVES price prediction indicates that this digital asset suited as a new addition to your investment portfolio as trading in bullish markets is always a lot easier.

Source: Gov Capital (WAVES Price Prediction)

Gov Capital Waves Price Prediction

Source: Gov Capital (WAVES Price Prediction for 2021 and 2022)
TradingBeasts WAVES Price Prediction

The Waves price is likely to pass $50 by the end of 2024. The predicted maximum price is $55, and the minimum cost is $37.49. The Waves price prediction for the end of 2024 suggests a %35 price growth.

CryptoNewsZ WAVES Price Prediction

The platform holds that new partnerships can bring Waves to the spotlight, making it the center stage for investments in the market. A potentially prestigious cryptocurrency pegged at $50 in 2021. By the end of 2022, they predict that WAVES price will be worth around $62.

The end of the year 2022 shows a bye to all gloomy days in the world of cryptocurrencies, especially for WAVES.  It could mean the beginning of an era of hopes and promises full of bright days ahead. The WAVES crypto may rise to anywhere between $65 to $75 in 2023.

In 2024, it is more likely that once more, Waves will dominate the cryptocurrencies kingdom with a spectacular price-performance pegged at $85. This growth is equal to the same predicted end of the year 2023, meaning that Waves has the potential to not only sustain a bullish price but also grow consistently in adverse conditions.

Predicting long-term crypto prices in such a volatile market is extremely challenging, if not impossible. However, it would not be an exaggeration that this cryptocurrency might surpass all expectations, scaling a peak of $100 over the next five years. With a bit of patience and an optimistic outlook, WAVES holders can expect a bullish prediction on the price chart by the end of 2025. It will happen when the adoption of Waves would grow exponentially, by which time Waves should be an experienced player.

Conclusion

As you see, based on WAVES price prediction and its history, it seems that WAVES can be a profitable investment option. The primary reason for this positive outlook is due to the rewards and the advantage of DeFi. WAVES has good technology behind it. In fact, Waves is a decent project with well-known partnerships and decent team members. Moreover, considering further ongoing developments and upgrades inside the WAVES platform, the coin has a high potential of reaching its new heights soon.

Nevertheless, the cryptocurrency markets are highly unstable, affected by numerous political, natural, and other socio-economic factors. Thus, no one can predict the exact price of Waves with complete certainty. It means that investors and traders have to do their due diligence before investing, trade cautiously, and monitor their intended crypto regularly.

2 responses to “Waves Price Prediction: Is WAVES a Good Investment?”

  1. Herve Fodouop says:

    Good informations

  2. Yanga Jili says:

    Reliable and useful information indeed

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