RATE Group | WAVES Almost Doubles in 48 Hrs as its Vostok Project Secures $120 Million in First Round…
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WAVES Almost Doubles in 48 Hrs as its Vostok Project Secures $120 Million in First Round…

19 Dec WAVES Almost Doubles in 48 Hrs as its Vostok Project Secures $120 Million in First Round…

Posted at 18:46h in Ethereum News by

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The Waves (WAVES) cryptocurrency has continued to outshine the rest of the pack as it has almost doubled in value in the last 48 hours. Early Tuesday – December 18th – found the digital asset trading at $2.53. The same digital asset is now trading at $4.05 after briefly reaching a value of of $4.57 a few minutes ago.

This is an 80% increment in between the $2.53 and $4.57 values. The 24 hour trading volume of WAVES currently stands at $133.4 Million which is an impressive figure for the digital asset that is ranked 19th according to market capitalization on Coinmarketcap.com.

Vostok Project Secures $120 Million in its First Investment Round

One major reason for the spike in value of WAVES is the fact that the project has managed to raise $120 Million in a first round of funding for its Vostok Project. The funding has come from private and institutional investors. The Vostok Project is focused on the implementation of Waves Technology in enterprise and government IT-systems.

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