WAVES Price Spiked 33% After a Twitter Post

Waves coin price spiked over 33% the past couple of hours amid a twitter post by Waves founder Sasha Ivanov stating Big updates coming next week to Waves platform.

Waves coin volumes spiked and the price jumped from $3.4 to $4.75 within few hours.

Waves is an open-source blockchain platform for building decentralized applications (dApps). Waves provides full blockchain ecosystem including smart contracts language called RIDE.

Users can make or create their customized tokens which mean they can launch their own cryptocurrencies built on waves platform. Users can also decentralize trading and crowdfunding, as it in line with fiat currency gateways like USD/EUR/CNY in your wallet.

Last week, TRON and Waves announced a strategic partnership to link DeFi services and solutions between two blockchain communities.

“We are enhancing the future of decentralized finance with Waves,” said Justin Sun, Founder of TRON and CEO of BitTorrent. “We are syncing TRON’s high-throughput, scalable blockchain ecosystem with best-in-class partners to explore real-world use cases for our community. Working with Waves means speeding up blockchain mass adoption through agile service development.”

Waves price chart