Because
BTC has gained about two/thirds since early december?
well, even in this case waves would not have participated at all to the altcoin pump, in spite of its defi action.
It's the same ratio as march 2020
Btc $4k
Eth $200
XLM 0.035
Waves 60 cents
I think waves will outperform all of the above and strike $16-$40 unless it's caught at this price in global w4 reversal in which case it must minimum -50% first.
I am actually not writing about waves price in this post but rather have one request from some waves whale with 50k or more stack.
Because waves team itself is not focused on its token department which is neglected, it is better if the community itself develops this reward program for top 20 tokens.
If you have a 50k stack with 50 waves per week dividend grant 80% of this to top 20 projects that are trading on waves, I think the following benefits will happen:
1. Price of waves goes from $6 to $200 because no other crypto is giving away money incentives to ICOs, and this will cause new talented projects to come to waves and compete, and they will bring new users, and as a result higher price of waves because of new users
2. you still gain 20% of weekly dividend, and this top 20 liquidity is not for free, you also get ownership in tokens when your waves dividends buy those tokens. Maybe some of these top 20 projects can x1000, then this incentive program will already pay for itself many times over, on top of the price gain of waves from $6 -> $200 which will increase the value of your stack, if 50k from $300k to $10m
3. This is so easy to implement that it can be done in 5 minutes, and the only thing that is needed is some marketing awareness
4. Give nr 1 token from this weekly 40 waves, for example 10 waves, nr 2 ranking, 5 waves, 3 to 10 each 1 waves, 11 to 20 share the rest. This is enough money for good liquidity and its even more if waves price increases.
It's $60/week for nr 1 project if a 50k whale participates, and $2000 if waves $200. It's $20 000 if a 500k whale participates. It is big enough money to get talented crypto projects to launch on waves and grow netwrok by x100 or more.
Why this is not implemented by waves team together with secondary token tab for unqualified but high quality projects, I don't understand at all because this is waves USP.