Russia-based crypto and blockchain project Waves has surged close to 40 percent amid tensions between Russia and Wagner.
Cryptocurrency projects are affected quite often by the flow of the agenda. While positive news feeds raise cryptocurrencies, cryptocurrencies show a downward movement in negative news on the agenda.
The tension between Russia and Wagner, which has been keeping the agenda busy since yesterday evening, helped Waves. Waves is spending the day up 40 percent.
Why Are Waves Rising?
Popular blockchain project Waves has surged nearly 40 percent after tensions in Russia. Waves is known as a Russia-based crypto startup.
Sasha Ivanov implemented the Waves project in Moscow, the capital of Russia, in 2016. Ivanov, who founded Waves Platform AG, focused on blockchain initiatives through this company. Waves gained popularity during the tensions between Russia and Ukraine. Waves was launched as the crypto money preferred by the Russians and made a bull run.
Previously, Waves conducted blockchain studies with the Russian Central Depository (NSD). Waves, a frequently preferred cryptocurrency in Russia, has risen again after the tension in recent days. While the tension that broke out between Wagner and Russia occupied the world agenda, its reflection on the crypto side was on Waves.
Waves became the most valuable cryptocurrency of the day with a 40 percent rise it experienced today. According to CoinGecko data, Waves was priced at $1.5 24 hours ago. The news feed pushed Waves as high as $2.09.
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