The token of the decentralized application (DApp) creation platform Waves (WAVES) is plummeting after the algorithmic stablecoin backing it failed to maintain its peg to the US dollar. From opening at $2.38 on December 1st, Waves is now trading for $1.75, a nearly 27% decrease.
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BTC/USD$ 91,426.50 2.92%
ETH/USD$ 3,123.59 0.92%
USDT/USD$ 1.00 0.23%
SOL/USD$ 219.54 3.22%
BNB/USD$ 624.51 0.04%
XRP/USD$ 0.995177 23.79%
DOGE/USD$ 0.379053 0.94%
USDC/USD$ 1.00 0.12%
STETH/USD$ 3,119.80 0.92%
ADA/USD$ 0.725428 21.90%
TRX/USD$ 0.191714 5.42%
SHIB/USD$ 0.000026 5.82%
AVAX/USD$ 34.77 7.42%
TON/USD$ 5.44 2.55%
WBTC/USD$ 91,122.41 3.05%
WSTETH/USD$ 3,689.43 1.20%
SUI/USD$ 3.78 12.12%
PEPE/USD$ 0.000022 4.82%
WETH/USD$ 3,124.88 0.98%
LINK/USD$ 14.14 5.05%
BCH/USD$ 437.02 3.16%
DOT/USD$ 5.30 7.05%
NEAR/USD$ 6.23 9.87%
LEO/USD$ 7.73 3.52%
LTC/USD$ 87.50 5.76%
APT/USD$ 12.32 2.94%
WEETH/USD$ 3,288.56 1.00%
UNI/USD$ 8.85 7.21%
USDS/USD$ 0.99519 1.01%
XLM/USD$ 0.153355 15.91%
CRO/USD$ 0.168114 1.75%
ICP/USD$ 9.16 12.63%
TAO/USD$ 528.92 3.00%
WIF/USD$ 3.77 2.33%
KAS/USD$ 0.147102 13.30%
ETC/USD$ 23.75 6.42%
FET/USD$ 1.31 3.94%
HBAR/USD$ 0.089007 27.35%
DAI/USD$ 1.00 0.01%
WBT/USD$ 22.29 0.18%
USDE/USD$ 1.00 0.20%
POL/USD$ 0.400516 9.90%
STX/USD$ 1.95 6.15%
BONK/USD$ 0.000042 10.92%
RENDER/USD$ 7.14 5.27%
XMR/USD$ 149.36 1.89%
OKB/USD$ 44.12 1.26%
FDUSD/USD$ 1.00 0.20%
FIL/USD$ 4.26 7.65%
AAVE/USD$ 168.58 3.30%