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December 13, 2017, 01:33:06 AM |
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While the rise in price is terriffic, it is also a little tricky. A lot of the prices of alts have been rising solely off of btc's price increase. This is why coinmarketcap is actually a pretty bad place to go for reliable information.
What you really need to look at, is not the price, but the btc price (because the usd price is just a valuation of what it is being sold at in btc). So instead of just doing a flat calculation to get a percent increase, you have to factor in btc inflation which will severely cut into the actual real percent increase.
But, of course, with that being said, it is great that waves is doing well. All of these projects that have platforms for smart contracts or tokens to be generated on have a great future. I feel like it is just right now for the companies to compete against each other and grow. There are other ones out there, but its basically waves, neo, and eth. They can all ride this to new heights.
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