2 years ago
Waves (WAVES) laminitis Sasha Ivanov has begged all centralized exchanges to disable the futures markets for the integer plus successful a Dec. 21 tweet.
According to Ivanov, Waves does not request a futures marketplace due to the fact that it is simply a “breeding crushed for FUD and making wealth disconnected abbreviated positions.”
The Waves CEO tagged the societal media grip of respective crypto exchanges including Binance, OKX, Huobi, Kraken, and others successful his tweet.
According to Investopedia, a futures marketplace let participants to bargain and merchantability an plus astatine a predetermined aboriginal day and price.
CryptoSlate antecedently reported that unfastened involvement connected WAVES roseate by 176% connected Dec. 8 pursuing South Korean speech Upbit’s determination to contented an concern informing connected the asset. According to Waves Labs, the DAXA informing did much harm to the token than USDN stablecoin depegging.
Meanwhile, erstwhile Ivanov was advised to bargain much spot WAVES tokens to compression the abbreviated sellers, helium revealed that helium does not commercialized and the lone plus helium holds is the embattled token.
WAVES down 98% from ATH
WAVES terms has declined by astir 98% from its all-time precocious of $61, according to CryptoSlate data.
According to the data, the token has been connected a downward trajectory since it reached its all-time precocious successful March 2022. Within the past 30 days, the asset’s worth has declined by implicit 30% to its existent worth of $1.52.
Crypto expert il Capo Of Crypto posited that the mediocre terms show would proceed arsenic its minimum people is $0.11.
The station Waves CEO calls futures markets ‘breeding crushed for FUD,’ requests exchanges disable trading appeared archetypal connected CryptoSlate.
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