Its other way around price of waves is correlated to demand for usdn however there are no indicators or tools to measure true demand for usdn… but its big bro… wx is listing tokens 5 at a time every few weeks
I'm seeing some Youtubers talking about Waves, but they're only aware of it because of the expressive increase in the last few weeks that caught people's attention. Many Youtubers are doing reviews saying that Waves has gone up because of the listing on binance loans, but are unaware of the other factors such as increased USDN demand and ecosystem updates. They are saying that Waves will drop because it was a momentary hype because of this listing on binance.
Yeah i have noticed, waves team really made improvements in thia area
They are all traders and being a trader is kinda like being a color blind. Charting does not apply to waves anymore imho waves is not an altcoin anymore its more of an demand index of usdn. It may change if traders gain more control over the market but right now their positions are meaningless for the price moves (and it is clearly visible on the chart) the same is for luna and xhv
Yeah, I agree. Is like LUNA and UST, there's a demand for these stablecoins
However there was a correction, as I predicted, and there will be more. Traders do influence prices. Also of waves. After all, prices are discovered by trading, and traders explain an important volume of it. That is what I was explaining you yesterday.
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