- WAVES token experienced an 88% increase in value following a coup attempt in Russia.
- Waves Enterprise’s WEST token saw a 72% price increase due to the coup attempt.
- Onston Network’s ONSTON token, primarily made up of Ukrainian team members, rose by 48%.
A recent coup attempt in Russia has had a significant impact on the cryptocurrency market, with some coins experiencing double-digit growth. Among these, the WAVES token, previously referred to as “Russian Ethereum,” saw an 88% increase in value, while Waves Enterprise’s WEST token and Onston Network’s ONSTON token also experienced significant growth.
WAVES Token Surges by 88%
The WAVES token, which is part of the smart contract-enabled blockchain Waves, saw its value increase by 88% within a day, rising from $1.53 to $2.89. Previously, during the start of the Russia-Ukraine war, WAVES had experienced a 450% increase, jumping from $9.5 to $54. However, the token’s value has since declined, trading at $2.25 as of 22:10 local time.
Waves Enterprise’s WEST Token Grows by 72%
WAVES was not the only cryptocurrency to benefit from the coup attempt. Waves Enterprise’s WEST token, which is part of the Waves ecosystem’s corporate blockchain platform, experienced a 72% price increase within a day.
Onston Network’s ONSTON Token Rises by 48%
Interestingly, the metaverse platform Onston Network’s ONSTON token, which is primarily composed of Ukrainian team members, also experienced significant growth. Following the start of the coup attempt, ONSTON’s value increased by approximately 48%, rising from $0.00258 to $0.0037.