Mainly, waves token is just following the BTC price trend together with all other alts. In my view, there should be more fiat/Waves pairs to disconnect from BTC price. Next to that, there are other projects that have a lot of hyped marketing, empty promises and fancy websites, but no working product. It takes time for the crypto market to mature and for investors to value projects on their true value. Waves is a great platform and with a fully working product that is fast, safe, high quality and receives regular updates from dev team. Just be patient, as at a certain point price will follow quality.