ACTIVE

WAVES→

USDT

WAVES WOULD BE$1,811.65

MULTIPLIER▲ 6.9Kx

TARGET MCAP$184.21B

G.MARKETS/PAIR ANALYSIS·

WAVES→

USDT· LIVE· as of 22:51 UTC

THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap →

Q: If Waves had Tether's market cap, what would the price be?

If Waves (WAVES) had Tether's (USDT) current market cap of $184.21B, each WAVES would be worth approximately $1,842.11 based on the circulating supply of 100,000,000 WAVES. That is 7.0Kx the current WAVES price of $0.2637.

Q: What is the current market cap of Waves?

Waves (WAVES) currently has a market cap of $26.81M, ranking #701 by market capitalization. Each WAVES trades at $0.2637.

Q: What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.21B, ranking #3 by market capitalization. Each USDT trades at $0.9993.

Q: How does WAVES compare to USDT?

Waves's market cap of $26.81M sits orders of magnitude beyond Tether's $184.21B. For WAVES to reach USDT's current valuation, the price would need to move 7.0Kx from its current level.

Q: Is this comparison financial advice?

No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming Waves's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.

WAVES WOULD BE

$0.00000000

currently $0.2637 · target mcap $184.21B

MULTIPLIER

▲0.00x

WAVES needs a 7.0Kx move to match USDT's valuation

COIN PROFILES·WAVES vs USDT

WAVESUnverified

Waves

SOURCE

Waves is an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions, aiming to raise security, reliability and speed of IT systems.

PRICE$0.2637

24H CHANGE▼ 0.90%

MARKET CAP$26.81MFDV $26.81M · Fully circulating

RANK#701

SUPPLY100.0M WAVES

DOMINANCE<0.01%

USDT

Tether

TARGET

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.

PRICE$0.9993

24H CHANGE▲ 0.03%

MARKET CAP$184.21BFDV $189.67B · 3% supply locked

RANK#3

SUPPLY184.3B USDT

DOMINANCE6.14%

7d▲ 0.10%

PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y

SCALE·AREA = MARKET CAP

MARKET CAParea = proportional cap

WAVES$26.81M

USDT$184.21B

THE CLIMB

WAVES→

USDTMULTIPLIER▲ 6.9KxGAP$184.18B

$100.00M$1.00B$10.00B$100.00B

SOURCEWAVES$26.81M

TARGETUSDT$184.21B

GALA$110.62M

GENIUS$126.37M

THETA$144.94M

ANSEM$170.86M

PC0000031$202.50M

UB$253.47M

FDUSD$347.40M

TUSD$493.56M

ADI$736.15M

ETC$1.12B

WLFI$1.88B

LAB$4.85B

log scale · mcap in USDJul 6, 2026

WAVESWaves

$26.81MSOURCE

GALA

$110.62M

GENIUS

$126.37M

THETA

$144.94M

ANSEM

$170.86M

PC0000031

$202.50M

$253.47M

FDUSD

$347.40M

TUSD

$493.56M

ADI

$736.15M

ETC

$1.12B

WLFI

$1.88B

LAB

$4.85B

USDTTether

$184.21BTARGET

mcap in USDJul 6, 2026

BAG SCENARIOS·IF WAVES HIT USDT MCAP·TARGET $1,842.11

SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN

$10 starter100 WAVES$26.37$184,210.69+$184,184.32

Coffee money1K WAVES$263.69$1,842,106.93+$1,841,843.25

Small bag10K WAVES$2,636.86$18,421,069.34+$18,418,432.48

Real bag100K WAVES$26,368.60$184,210,693.45+$184,184,324.85

Whale bag1M WAVES$263,686.00$1,842,106,934.45+$1,841,843,248.45

Generational10M WAVES$2,636,860.00$18,421,069,344.50+$18,418,432,484.50

FOR CONTEXT

$184.21B compared to the world

UnitedHealthUNH

$450.00B

USDT mcap is 40.9% of UnitedHealth

NetflixNFLX

$380.00B

USDT mcap is 48.5% of Netflix

UberUBER

$160.00B

USDT mcap is 1.15× Uber

NikeNKE

$130.00B

USDT mcap is 1.42× Nike

StarbucksSBUX

$100.00B

USDT mcap is 1.84× Starbucks

SpotifySPOT

$90.00B

USDT mcap is 2.05× Spotify

RELATED COMPARISONS·OTHER WAYS TO ASK

About this comparison

This page compares the market capitalizations of Waves (WAVES) and Tether (USDT). With Waves currently at $0.2637 per coin and a market cap of $26.81M, and Tether at $0.9993 with a market cap of $184.21B, applying Tether's market cap to Waves's circulating supply produces a hypothetical WAVES price of $1,842.11 — a 7.0Kx move from current.

Waves: Waves is an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions, aiming to raise security, reliability and speed of IT systems.

Tether: Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.

All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.

Frequently asked

If Waves had Tether's market cap, what would the price be?

If Waves (WAVES) had Tether's (USDT) current market cap of $184.21B, each WAVES would be worth approximately $1,842.11 based on the circulating supply of 100,000,000 WAVES. That is 7.0Kx the current WAVES price of $0.2637.

What is the current market cap of Waves?

Waves (WAVES) currently has a market cap of $26.81M, ranking #701 by market capitalization. Each WAVES trades at $0.2637.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.21B, ranking #3 by market capitalization. Each USDT trades at $0.9993.

How does WAVES compare to USDT?

Waves's market cap of $26.81M sits orders of magnitude beyond Tether's $184.21B. For WAVES to reach USDT's current valuation, the price would need to move 7.0Kx from its current level.

Is this comparison financial advice?

No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming Waves's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.

If WAVES▾ had USDT▾'s mcap →

FOR CONTEXT

About this comparison

Frequently asked

If had 's mcap →