Waves
The Waves price increased sharply on July 10, reaching its June high value of $2.92. But, the upward movement could not be sustained, and the price fell by 25% afterward.
The 4-hour timeframe price chart of Waves showed that not a lot has changed over the past week despite the recent pump- WAVES remains bullish.
WAVES price, one of the many cryptocurrencies in the sea, experienced similar volatility and recovery.
The Waves protocol is looking to spice things up in a move that might rejuvenate the flow of liquidity within its platform. This warrants a look at what the network…
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Key Points: Waves is going through a liquidity crisis amid the still lingering crypto winter. Therefore, for a potential new step, Waves 2.0 will be planned to solve this problem.
The WX Network is introducing three new pairs in liquidity pools to support the Waves token. These include WAVES/BUSD, WAVES/USDT, and WAVES/USDC.
Growing concerns over the USDN stablecoin has sent the WAVES token down 40% over the past two weeks.
“Several CEXs have responded, and we’re waiting for their decision,” Sasha Ivanov told Blockworks
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