WAVES is the native cryptocurrency of Waves blockchain that works on Leased Proof-of-Stake (LPoS) consensus mechanism. It supports smart contracts, decentralized applications (dApps), and allows users to create and launch custom tokens.
WAVES has not yet been fully recovered in 2023 after witnessing an incredible price surge in the beginning of 2022. It crossed the $2 mark after several months in November and it is raising hopes of the investors before the year ends. That left crypto enthusiasts wondering if Waves is a good investment before 2024. We will find out the same in the present article.
Price History of WAVES
Waves crypto project was launched in 2016 along with its native cryptocurrency WAVES. The initial coin offering of Waves was held in April 2016 with a starting price of $0.188. Waves traded sideways for several months and then reached a peak of around $18 by the end of 2017.
Waves introduced smart contract functionality to its blockchain in 2018 and started Waves Enterpr
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