I bought waves a while back. I always thought waves would be big and people say it would beat ETH. Well besides the price going up a lot when every other coin went sky high a while ago, this coin has shown no progress at all. The price has done nothing but drop down or when other altcoins go up, it barely goes up much. Also most ppl definitely bought waves at higher than the current price.
What confuses me is how is this possible when there are so many updates and things going with waves? Shouldn't the price at least go up a bit?
I don't feel Waves is overrated at all, though I don't own any WAVES. They have a solid platform and community, but they are facing stiff competition with a number of smart contract platforms. I believe they have worked hard at establishing partnerships and may have a partnership with the Russian government. I personally would prefer Ethereum or Cardano.
Its a platform war and obviously they aren't winning since the birth of EOS, it just made the platform very inferior that with just a short period of time, EOS had already got a ton of projects raising the EOS flagship unlike waves that they have to seek developers to use their platform. The programming language isn't also a familiar one.