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How does Waves Exchange and their token work?

Kayzzy3

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Recently I started mining and claiming waves exchange tokens across the web. I noticed that they have hundreds of tokens many of which are still worth very little.
But one thing I have also noticed is the constant and very high fluctuations in the price of waves and how it's takes big toll on other token under it when ever it's price drops.
I think invest in those token could be risky, what do you think? Those who have knowledge about it should enlighten me further please
 
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