WAVES Shows 33 Percent Spike Upon Launching Smart Contracts

As was reported by U.Today earlier, on Monday, Waves, the “Russian response to Ethereum” launched support for smart contracts on its platform. After the hype went around, the coins soared 33 percent. However, by now the market has gone through a correction, to from the high of $2.53 the coin decreased to $2.29 at the moment of writing, according to Coinmarketcap.com.

Over the past month, Waves has been trading in the space between $2.35 and $1.72 levels. The coin occupies 36th position on the top-100 list of virtual tokens. Recently, the coin was added to the Ledger hardware wallet.