Price is flat because WAVES was already pumped hard in April.

Before April waves trading at 20K sat

After Pump 200K sat that's 10x. Nice..

Now its selling for 100K sat (after correction) This is the new price until waves releases a functional product. Once that happens we will see an increase of 2x - 5x maybe. Any higher will need adoption. If it doesn't get adopted then the price will drop slowly over time back to where the market sees its value.