Investing.com – While the seems to be struggling to continue its rise after a recent yearly high, other cryptocurrencies continue to soar, with some posting stunning performances.
This is particularly the case of , the 29th most important cryptocurrency on the market, which has soared by almost 20% since yesterday and has almost doubled in value over the last 3 days, currently at $56, after a very close historic high. $60 last night.
However, this powerful cryptocurrency rally seems to have been stimulated by the launch of his American company, Waves Labs.
Waves Labs is a new venture that will represent blockchain in the United States, the company said in a press release. The company will largely focus on raising funds and supporting new blockchain projects, as well as implementing an “aggressive” marketing and hiring plan.
To that end, the firm said it has hired a management team made up of several crypto and fintech veterans. Sasha Ivanov, the protocol’s founder, will serve as an advisor to the company.
The launch represents a major milestone in Waves’ plans for 2022, which the firm announced in February. The protocol also plans to establish a decentralized governance model and increase integration with other blockchains.
Recall that the Waves protocol is a blockchain that allows the creation of personalized tokens and smart contracts. Its most popular application is the decentralized cryptocurrency exchange platform, Waves Exchange.
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