cryptopotato.com
The war between Ukraine and Russia started just two weeks ago, and the markets were quick to react: Generally speaking, outside the commodities market, the nervousness among investors has become evident, and the world’s largest stock indices have fallen at an accelerated pace.
Cryptocurrencies also rushed up a downtrend that has not stopped so far this year. International events have only encouraged the cryptocurrency bears after double-digit declines in a brief period of time.
But every rule has its exception.
Waves Goes To The Moon in Red Times
Waves, a proof-of-stake blockchain focused on providing infrastructure for dapps and smart contracts with fast confirmation times, has surged an impressive 97% over the past two weeks, going from $11.2 on February 28, 2022, to a peak of $24.45 on March 8, 2022.
From there, it has corrected a bit to the $22.06 registered at the time of publishing this article on March 9, 2022.
The crypto community has had a strong pro-Ukrainian stance amid the war. Famous figures such as Gavin Wood or Vitalik Buterin have expressed solidarity with the country, which has also benefited from more than 50 million in cryptocurrency donations, adding new tokens to its wallet, including Polkadot and Dogecoin.
Perhaps they will soon accept Waves as well.
