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Home»Eheterum»‘Russian Ethereum’ Spiked 90% Last Week, Outperforming Bitcoin, Dogecoin
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Eheterum

‘Russian Ethereum’ Spiked 90% Last Week, Outperforming Bitcoin, Dogecoin

adminBy adminJune 6, 2022No Comments3 Mins Read
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wave (WAVES), sometimes referred to as “Russian Ethereum,” was the top winner last week.The Sasha Ivanov-According to CoinMarketCap data, the tokens created surged more than 90% to $ 8.77 in seven days.

WAVES’s weekly profits outweighed the profits of the following major coins: Bitcoin BTC / USD, Ethereum ETH / USD When Dogecoin Doge / USD..










Top Gainers for the Week Ending June 6, 2022 (Data via CoinMarketCap)
Cryptocurrency 7-day rate of change (+/-) Highest value / arrival date ever Rate of change since the highest ever (+/-)
wave (wave) + 90.8% $ 62.36 March 31, 2022 -85.8%
Helium (HNT) + 25.6% $ 55.2220 November 12, 21 -82.2%
Cardano (ADA) + 20.4% $ 3.1020 September 2, 2009 -80%
Chili’s (CHZ) + 15.15% $ 0.8920 March 13, 21 -85.05%
Chain link (Link) + 14% $ 52.8820 May 10, 21 -84.8%
AAVE (AAVE) + 11.4% $ 44.1720 May 3, 21 -56.1%

Related item: Best crypto debit card

Call for neutrinos to come back to the waves

The Neutrino Protocol required that token owners “return” to Waves. Neutrino USD (USDN) lost two pegs in two months, and in the event of a large sale, there is a risk of a third unpegging, the Protocol said in a blog post last week.
According to the blog, the protocol calls behind neutrinos aim to support coin stability, reduce the impact of external liquidity pools, and improve Waves liquidity.

Meanwhile, Ivanov pointed out that the USDN annual interest rate of Vires, a decentralized non-storage liquidity protocol based on Waves, is close to 70%.

https://t.co/FQc8RTH1vk

in the meantime $ USDN APY is about 70% at Vires.

— Sasha Ivanov (1 → 2) (@ sasha35625) June 3, 2022

DeFi master plan

Last week, Waves also announced the DeFi Master Revival Plan. Terra Classic (LUNC) and TerraClassicUSD (USTC) It collapsed.

The plan includes the purchase and lock of CRV tokens, with 45% of WAVES betting profits from neutrinos.

Ramboway Contest

Waves.Exchange is hosting the Ramboway Contest, which started on May 30th. Anyone who invests a small amount of USDT or USTC in Lambo Investments products has a chance to win a supercar.

Ramboway’s new round
Win the dream car
investment $ USDT Also $ USDC https://t.co/4NcKc0MIU2 The sooner you invest, the more chances you have to win!
Hold investment until the end of the contest
Follow Twitter
Read all the terms in our article https://t.co/A2lGHWM6aN pic.twitter.com/IkermLHC0i

— Wave.Exchange (1 → 2) (@Waves_Exchange) May 30, 2022

Read next: Dogecoin Co-Founder: Cryptography is “parasitic” on its claws in all scams

Bitcoin Dogecoin Ethereum Outperforming Russian spiked week
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