Binance delisted the Waves (WAVES) token on June 3, 2024, causing its price to drop sharply. WAVES has experienced a dramatic decline, plummeting 97% since its all-time high in March 2022, with a brief recovery in January 2023, followed by a significant downturn in 2024, collapsing by over 60%. Current trends suggest WAVES could fall below $1, potentially reaching a new all-time low. Despite this, a price prediction estimates it could reach $1.42 by 2025. Waves did not respond to a request for comment. The platform facilitates the creation and trading of custom tokens, offering a decentralized exchange and smart contract capabilities.