Waves platform is in top 6 most used blockchains but cmc has it under top 40?

[bitcoin carpenter]

So waves platform is now sitting at top 6 for most used blockchain in crypto. 
Whats even crazier is that because waves allows packaged mass transfers it is actually in the top 3 most used for total transfers/day.
That and it is ranked under the top 40 in total marketcap.


Either waves is the most undervalued platform crypto on the planet, or every other platform us vastly over valued.

Although in crypto adoption normally follows price, this uis the first time that i see a crypto platform that will follow the proper order of price following adoption.

[jakiro.hovard]

I have not heard anything good about the Waves project, because last year all very scam projects were built on the Waves platform, I have a very negative attitude to this project if this project does not conduct audits of the projects very badly.

[bartolo]

Maybe most traders are not aware of all the changes that Waves platform has made in the last months, they haven't done much publicity about it either. Anyway, if people keep using the platform, and they manage to fix the lack of liquidity of their DEX, sooner or later Waves will be in a higher place.

[NeuroticFish]

So waves platform is now sitting at top 6 for most used blockchain in crypto. 

Waves is used a lot because it's much cheaper and easier to make your token there than on Ethereum, for example.
This low price also comes with tokens made only for fun, only to spam or to scam, unfortunately and I also think that this should be addressed somehow, to give Waves a more professional look.

Waves got the reputation of delivering late, but, although I didn't follow their news much, I see they've kept delivering. I guess that as soon as the money start coming back into crypto, Waves has a good chance for catching up (many) other coins.

[BQ]

does high usage necessarily mean high valuation? without any idea what usage is on waves, it could be "spam"?

[IgorShumilo]

A good project with a strong team and an already implemented idea that continues to improve. Now there is a lot of competition in this area (own blockchain), if the team does not spend big money on PR and marketing, but it will be very difficult for them to conquer the market. As time goes by many projects are catching up with them in development. I’ll listen very little about them and that’s their problem, if they don’t solve it, then competitors will drive a Waves project on a tank)

[lifesgood10]

I’m very confident and calm when it comes to projects but honestly waves project frustrating is a lot
70% of every scam token where built on the waves Blockchain

It’s too easy to use
It’s too convenient to create multiple tokens
And it’s not even worthwhile to give a try

Maybe in a few years time to come
Waves will come of age

[sanacaks]

I use waves DEX everyday. I think waves is undervalued now but need more development for keeping scam project out. There are a lot of opportunities to gain profit from the platform, you can make weekly trades with good % profit but most of the waves altcoins has lack of liquidity.

[tycsols]

Cmc only lists and ranks each coin based on its everyday trading volumr, i do not think it has option to check with blockchains are used the most, i do not think they can track transactions happening on different blockchains, may be in future they will start ranking with this parameter as well but at the moment it is only volume based.

[Iluka]

Waves is in top 6 blockchain platform but CMC monitiring the market cap and according Waves cap it is under top 40

[chokomenia]

I think the question should be, how many project do you know that was build on waves platform? I don't know of any and so other members would say, but take ethereum as an example, I can name countless project been built on the ethereum platform. Waves platform might be good but they need to step up with their marketing and community engagement

[bartolo]

I use waves DEX everyday. I think waves is undervalued now but need more development for keeping scam project out. There are a lot of opportunities to gain profit from the platform, you can make weekly trades with good % profit but most of the waves altcoins has lack of liquidity.

When you talk about scam tokens, do you mean unverified tokens? I remember they used to verify tokens created on their platform after checking that there was a real project behind, they always recommended to trade only verified tokens.

[TimeHacker]

Waves has a lot of potential, but whether it will be successful will depend on the Waves team... if they can manage to advertise / market it better. There's not much news about it anywhere.

[Haaomwen01]

Waves platform was used for making many scam projects as it is cheaper that has scarred the platform and also the recent upgrades are still unknown to many. Maybe for that reason it is still not getting the attention.

[Ocoremas12]

Waves is still one of the topmost used platform in the market. But one thing needs to be understood that most of the scam projects created was on this platform. That will surely lower the rating.

[Eowaenad22]

High usage does not always mean that it is rated high. A lot of scam projects were built on the waves platform and this may be the reason why it is ranked so low.

[Glelilian113]

Waves platform is mostly used for it cheaper transaction fees and overall competitive pricing. No wonder it is in the top 6 most used blockchain paltforms.