Ripple (XRP), Binance Coin (BNB), Litecoin (LTC), and Orbeon Protocol (ORBN) Primed for Significant Gains
Ripple (XRP), Binance Coin (BNB), Litecoin (LTC), and Orbeon Protocol (ORBN) are poised for substantial gains in the dynamic cryptocurrency landscape. Orbeon Protocol (ORBN), a decentralized investment platform enabling companies to issue fractionalized, equity-based NFTs to investors, has experienced a remarkable 2713% rally, with its token price soaring from $0.004 to $0.1125, now nearing the end of the eleventh presale round. As the market evolves, these cryptocurrencies are well-positioned to capitalize on their momentum and potential for growth.
Ripple (XRP)
Ripple (XRP) is now the top-performing major cryptocurrency, up 21% in the last week on the back of a positive conclusion to the ongoing SEC litigation.
Ripple’s (XRP) price is currently $0.45, a big milestone as Ripple (XRP was trading below $0.4 for the bigger part of a year, now outpacing rivals like Bitcoin (BTC), Cardano (ADA), and Litecoin (LTC).
In 2020, the SEC charged Ripple of selling $1.3 billion in unregistered securities through Ripple (XRP). However, Ripple (XRP) contends that XRP is not a security and does not meet the Howey Test standards.
Binance Coin (BNB)
Binance Coin (BNB) was established in 2017 as part of Binance’s initial coin offering (ICO) in order to collect funding for platform development, exchange system growth, branding, marketing, and industry education.
Binance Coin’s (BNB) prospects are promising, with a 6% gain in the last week and a 25% increase in the last 200 days. Bolder experts predict Binance Coin (BNB) a minimum price of $1100 and a maximum price of nearly $1300 for Binance Coin (BNB) in 2025, underlining its potential for development and its role in the crypto scene.
Litecoin (LTC)
Litecoin (LTC) just reached a multi-week high of $94, gaining 12.57% in the last week on a trading volume of over $650 million.
The last bullish week saw Litecoin (LTC) close in on a new monthly high, fueled primarily by the Federal Reserve’s decision to slow the pace of interest rate rises.
Consequently, Litecoin’s (LTC) success in the quickly growing cryptocurrency industry illustrates its durability and potential for development.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is a groundbreaking decentralized investment platform that uses fractionalized, equity-based NFTs to help startups and enterprises obtain capital. These NFTs may be acquired for as little as $1, making them a unique and accessible option for businesses to raise funding while also developing a loyal investor community.
Orbeon Protocol (ORBN) will open up fundraising and early-stage investments to everyone throughout the globe, providing unprecedented access to a hitherto closed sector. Orbeon Protocol (ORBN) is a terrific approach for businesses to obtain exposure and raise financing in a much shorter period of time.
The Orbeon Protocol (ORBN) ecosystem prioritizes security. Every smart contract has its own “Fill or Kill” mechanism. If a company fails to fulfill its financial targets, this strategy instantly refunds investors’ money. Orbeon Protocol (ORBN) has been rigorously tested by Solid Proof and offers cutting-edge security features.
As the eleventh presale round comes to a close, the price of one Orbeon Protocol (ORBN) token has risen by a whopping 2713%, from $0.004 to $0.1125. Experts believe Orbeon Protocol (ORBN) has a lot left in the tank, predicting a presale price of $0.24 for a 60x return.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
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Dogecoin (DOGE), RenQ Finance (RENQ), and Binance Coin (BNB)
The cryptocurrency market is highly volatile and ever-changing, with new coins and tokens emerging every day. However, certain cryptocurrencies have been able to maintain their popularity and stay in the limelight.
In March 2023, three of the most talked-about cryptocurrencies on social media are Dogecoin (DOGE), RenQ Finance (RENQ), and Binance Coin (BNB). In this article, we will take a closer look at each of these cryptocurrencies and why they are creating such a buzz.
Dogecoin (DOGE)
Dogecoin is a cryptocurrency that was created as a joke in 2013 but has since gained significant attention from investors and the general public. DOGE has become a cultural phenomenon, with celebrities and companies tweeting about it, leading to an increase in its popularity. In March 2023, Dogecoin is still one of the most talked-about cryptocurrencies on social media.
The reason behind DOGE’s popularity is its loyal community of supporters, who continue to promote and invest in the cryptocurrency. The recent spike in DOGE’s price has also attracted a lot of attention from traders and investors, with some predicting that it could reach new heights in the coming years.
However, it’s important to note that DOGE’s value is highly volatile, and investors should exercise caution before investing in it.
RenQ Finance (RENQ)
RenQ Finance is a decentralized finance (DeFi) platform that aims to solve the liquidity problem by connecting isolated blockchains. RenQ Finance offers a comprehensive suite of DeFi tools, including a wallet, cross-chain swap, aggregation protocol, and a launchpad.
RENQ has been gaining popularity due to its innovative features and its potential to solve some of the biggest problems in the DeFi space. The platform has already gained significant traction, with a growing community of supporters and investors.
RENQ’s unique approach to DeFi has led some to refer to it as the “Cardano Killer,” a reference to the popular cryptocurrency Cardano (ADA). This is because RENQ’s technology offers several advantages over Cardano, such as its cross-chain capabilities and its ability to solve liquidity problems.
RenQ Finance has been gaining traction in the crypto community, with an increasing number of users showing interest in the platform. This is evident from the growing number of Twitter followers, Telegram members, and overall community engagement.
The community support for RenQ Finance is a positive sign for the platform’s growth and prospects. The community can contribute to the development of the platform by suggesting improvements and providing feedback on the user experience.
In March 2023, RENQ is generating a lot of buzz on social media, with investors predicting that it could see significant growth in the coming years.
Binance Coin (BNB)
Binance Coin is the native cryptocurrency of the Binance exchange, one of the largest cryptocurrency exchanges in the world. BNB has been gaining popularity due to its utility on the Binance exchange, where users can use it to pay for trading fees and other services.
BNB’s popularity has also been driven by the success of the Binance exchange, which has become one of the most trusted and reliable exchanges in the industry. In March 2023, BNB is still one of the most talked-about cryptocurrencies on social media, with investors predicting that it could reach new all-time highs in the coming years.
BNB’s success is also due to its ability to adapt to changing market conditions and offer new products and services to its users. This has led some to refer to BNB as a “blue-chip” cryptocurrency, with a strong track record of growth and success.
Conclusion
Dogecoin, RenQ Finance, and Binance Coin are three of the most talked-about cryptocurrencies on social media in March 2023. Each of these cryptocurrencies has its own unique features and advantages, which have helped them gain significant attention from investors and the general public.
However, it’s important to remember that the cryptocurrency market is highly volatile and that investing in cryptocurrencies comes with risks.
Click Here to Buy RenQ Finance (RENQ) Tokens.
Visit the links below for more information about RenQ Finance (RENQ):
Website: https://renq.io
Whitepaper: https://renq.io/whitepaper.pdf
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Is Avorak AI (AVRK) Burn Function Better Than BNB Burn?
BNB has one of the most well-known cryptocurrency burns. Since BNB’s inception, nearly a quarter of the total BNB supply has been burned, equating to billions of dollars of value.
BNB Burn
The Binance exchange, when creating BNB, set a goal to burn half of the 200 million supply down to 100 million.
So far, over 44 million BNB has been burned, which at $330 per BNB equates to over $14 billion dollars. This incredible tokenomics has ensured that BNB has continued to become more valuable since it was created in 2017. As the BNB value continues to increase, it is likely that the rate of burning will slow down, and once the 100m circulating supply is reached, the burn will stop.
BNB Bridge Exploit
In 2022, the BNB bridge that allows movement between the BEP-2 BNB Chain and the BEP-20 BNB Smart Chain was exploited. This meant that the BNB supply was increased by 2 million coins to 202 million. This has not stopped the BNB burn plan to reduce to 100 million supply, which was outlined in a Binance blog post from January of 2023.
Alternative Burn Crypto
There are many cryptos that tried to emulate this burning process, with minimal success. Shiba Inu managed to burn 50% of the supply by sending it to Vitalik, who subsequently sent a small amount to charity and sent the rest to the network burn address. This is one of the main reasons for the hype that SHIB gained, causing it to propel to the top of the crypto token list. This kind of burn is a one-off, though, and impossible to repeat.
Other tokens have a form of tax on buying and selling. This means the burn is taken straight from the pockets of those trading the token, a cannibalistic approach and one that does not benefit the end user.
Avorak AI is here to change that.
Avorak AI Burn
This new project is delivering a set of AI tools for trading, creative tasks, and general life enhancement. The AVRK token is required to access these features, and users will pay AVRK for credits. This is where the most interesting part comes into play. As outlined in the Avorak whitepaper, when someone pays for these credits, there is a live payment routing system that returns some of the revenue to AVRK holders (an amazing form of a passive income!) and some to the Avorak project. In addition to this, 2% of all incoming revenue is burned. This is incredible, as it means that the popularity of Avorak products will drastically increase the rate at which AVRK is burned.
Early estimates expect at least 10% of the supply to be burned within the first three months of the full product launch, as with a launch AVRK market cap of only $10.5 million, it would only take $50 million of revenue to achieve this, tiny numbers compared to similar products available on the market right now.
Having completed a 100% audit pass before even starting the ICO, Avorak is looking set to become a big player in the industry.
Want to learn more about Avorak AI? Make sure to check out the below links before the price increases with the next phase coming up.
Website: https://avorak.ai
Whitepaper: https://avorak-labs-and-technology.gitbook.io/avorak-a.i-technical-whitepaper/
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HedgeUp (HDUP) and Binance Coin (BNB) Expected to Perform Well in 2023
As the bear market continues to create havoc in the crypto space, new token releases are at their all-time high. More and more projects are joining the ranks, and HedgeUp (HDUP) is one of those leading the trend.
HedgeUp (HDUP) is a new crypto project that has taken the market by storm. Even in the presale stage, the platform has successfully gained holders’ trust.
Today, we will take a closer look at it, find out how it compares to Binance Coin (BNB), and find out why so many experts have tipped these two tokens to perform well in 2023.
Binance Coin (BNB)
Binance Coin (BNB) began as an ERC-20 standard token built on the Ethereum blockchain. It is the native token of the Binance ecosystem and powers the BNB Chain ecosystem.
BNB was launched in 2017 as an asset for users of the new exchange to pay fewer trading fees.
The BNB coin plays a vital role in the Binance ecosystem by powering operations. Among other things, the coin was designed to pay listing, exchange, trading fees, and other expenses users incur on the Binance cryptocurrency exchange.
Over the years, Binance’s role has expanded beyond just a digital asset exchange, and BNB remains an integral part of the Binance ecosystem. The coin has also come a long way since its launch as an ICO in 2017. Despite the recent hack and market downturn, its performance has been impressive. Binance constantly works on consolidating its market share in the crypto industry and creating new innovative projects.
With its investment in Twitter, one can look forward to new use cases for the BNB coin, making it a promising cryptocurrency in 2023.
HedgeUp (HDUP)
HedgeUp is building the first crypto NFT alternative investment marketplace and is a highly beneficial addition to the cryptocurrency sphere.
Investors can buy into fractionalized NFTs backed by HedgeUp’s extensive catalog of assets such as wine, fine art, diamonds, luxury watches, yachts, gold, and private jets. These assets will be fractionalized and available for users to access from the equivalent of $1 in HDUP tokens.
Users can buy a fraction or 100% of an NFT representing a specific asset. If they buy the entire NFT, they can have the assets delivered to their designated address.
In addition, token holders will enjoy many excellent features, such as exclusive access to equity NFT releases, launchpad, bonuses and staking rewards, online master classes, wallet, and banking.
HedgeUp offers unmatched transparency and long-term commitment to building a successful platform –and it shows.
For one, HedgeUp’s founders and the team have locked their tokens for 18 months, which is a testament to their commitment to the token’s safety and long-term stability. Moreover, investors can buy into HedgeUp confidently, knowing it has already passed a stringent audit with Solid Proof and CoinSniper with flying colours.
The presale of HedgeUp is happening now, and the token value is priced at only $0.013. However, many experts have predicted that the token will grow significantly in 2023.
Hence, any cryptocurrency investor looking for the most outstanding results should consider investing money in HedgeUp tokens.
For more information on HedgeUP click the links below:
Presale Sign Up: https://app.hedgeup.io/sign-up
Official Website: https://hedgeup.io
Community Links: https://linktr.ee/hedgeupofficial
Experts Say Consider Quant (QNT) and BNB (BNB) But Collateral Network (COLT) Will Skyrocket In 2023
The collapse of two major crypto entities, FTX and BlockFi, caused a ripple effect that sent many coin prices down. And the Quant (QNT) and BNB (BNB) coins were both caught up in that downfall. But do not panic; experts believe they have found another suitable token, Collateral Network (COLT), currently in stage 1 of its presale and is expected to see a 35x price surge in the next 6 months.
Quant (QNT)
Quant (QNT) aims to link networks and blockchains globally while preserving the system’s performance and functionality. Developers must always hold a predetermined quantity of Quant (QNT) coins to build an app on the platform.
Recently, the Quant (QNT) coin saw a price jump of 3.50% after, according to Santiment, the Quant (QNT) coin’s circulation on cryptocurrency exchanges is drastically declining. This may be good news for Quant (QNT) price movement in 2023.
The Quant (QNT) is currently worth $124.03, which may be a hard entry point for some beginner investors. Quant (QNT) may see some good price charts in the future, but nothing major.
BNB (BNB)
Binance issued the BNB (BNB) coin in 2017. BNB (BNB) serves as a native token for Binance that allows individuals to pay transaction and exchange costs at a lower price than with other currencies.
Traders are concerned that other exchange coins, including BNB (BNB), may end up the same way as FTX Token (FTT), which collapsed. More and more BNB (BNB) holders are beginning to grow worried as Binance is also currently under investigation.
BNB (BNB) is showing bearish trends as its price has decreased 15% in the past month. BNB (BNB) has a cost of $289.12 right now. Analysts think the BNB (BNB) coin should not be in your investment portfolio.
Collateral Network (COLT)
Have you ever wanted to become your own bank and give out partial loans to borrowers for a determined interest rate? Well, through the Collateral Network (COLT) crowdlending platform, you will now be able to.
The Collateral Network (COLT) platform will mint NFTs with actual assets like art backing them. These NFTs will be fractionalized, opening up the door for all investors to participate for a meager cost. And since it will utilize blockchain technology, it will also be more transparent and private since the Collateral Network (COLT) platform will keep all information on the blockchain.
That is not all; the Collateral Network (COLT) ecosystem also has plans for Metaverse growth through Auctions giving users a chance to purchase digital and real-world assets below market price.
Collateral Network (COLT) will be fueled by the COLT token, which will supply $1.4B tokens. But only 50% of that supply will be available for the Collateral Network (COLT) presale. And since its price is only $0.01, now is the right time to buy. Some analysts have even predicted an interesting price point by June 2023 and a 35x price surge is not out of the question. Collateral Network (COLT) is here to stay with a 33-year lock on liquidity and a smart contract audit, so investors should buy in now and yield a profit.
Find out more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
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Ethereum (ETH) and Binance Coin (BNB) Outperformed by Orbeon Protocol (ORBN) Presale
Investors looking to get in on the ground floor of the next big thing in the crypto world should pay attention to the Orbeon Protocol (ORBN) presale, which has already outperformed Ethereum (ETH) and Binance Coin (BNB) by a long shot. But what sets Orbeon Protocol (ORBN) apart from its competitors is its innovative use of equity-backed NFTs, which is revolutionizing the venture capital and crowdfunding sectors. With Orbeon Protocol (ORBN) currently in its seventh presale phase and having already seen a rally of 1815%, it’s not too late to get in on the action at just $0.076 per token.
Ethereum (ETH)
Ethereum (ETH) is a decentralized, open-source blockchain platform that is used to create and run smart contracts and decentralized applications. Ethereum (ETH) works with a proof-of-work consensus algorithm, which makes sure the network is safe and secure.
Ethereum (ETH) is also used as a currency on decentralized exchanges and as a way to pay for transactions within the Ethereum (ETH) ecosystem. But Ethereum (ETH) hasn’t been easy to scale up, and the network hasn’t been able to keep up with the growing demand for decentralized apps and smart contract execution.
This has hurt Ethereum’s (ETH) long-term prospects, and Ethereum (ETH) recently lost nearly 6% of its value. From its all-time high of $4,878 to now, Ethereum (ETH) has dropped by almost 70%.
Binance Coin (BNB)
Binance Coin (BNB) is the native cryptocurrency of Binance, one of the world’s largest and most prominent cryptocurrency exchanges. The Binance exchange accepts Binance Coin (BNB) as payment for transaction fees and provides users a discount on these costs when paid in Binance Coin (BNB).
By developing its own blockchain and decentralized exchange, Binance Smart Chain, Binance has also increased the use case for Binance Coin (BNB). Binance Coin (BNB) is a very liquid cryptocurrency, but its value is greatly dependent on the success and widespread acceptance of the Binance exchange and ecosystem.
As a result, Binance Coin (BNB) may lack the autonomy and long-term stability offered by other cryptocurrencies. This was emphasized when one of the largest cryptocurrency exchanges, FTX, failed. Currently, Binance Coin (BNB) is trading nearly 55% below its all-time high.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is a groundbreaking crowdsourcing and venture capital platform that helps businesses raise funds through token sales. Orbeon Protocol (ORBN) enables individuals to readily invest in creative projects while also assisting businesses in gaining access to new financial sources.
Users of the Orbeon Protocol (ORBN) can acquire these NFTs for as little as $1, allowing them to become stakeholders in some of the most promising early-stage opportunities.
Consequently, Orbeon Protocol (ORBN) can cut fundraising expenses while allowing businesses to seek funding fast and effectively. By decreasing the minimum investment level, Orbeon Protocol (ORBN) makes investing significantly more accessible to a larger spectrum of investors.
Orbeon Protocol (ORBN) tokens can still be purchased at a low price of $0.0766 because the project is presently in presale phase 8 and has already shown enormous profits, but more is predicted. Analysts believe that by the end of the presale, Orbeon Protocol (ORBN) investors will have experienced a massive 6000% increase in value, pushing the price up to $0.24.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
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Disrupting Industries with Ethereum (ETH), Binance Coin (BNB) and Orbeon Protocol (ORBN)
The blockchain revolution is disrupting traditional industries at a rapid pace, and leading the charge are Ethereum (ETH), Binance Coin (BNB) and the latest entrant, Orbeon Protocol (ORBN).
With its innovative use of blockchain technology, Orbeon Protocol (ORBN) is providing investors with unprecedented access to early-stage investment opportunities, and its skyrocketing growth of over 1675% is a testament to the excitement it’s generating in the DeFi community as analysts expect more than 6000% returns from Orbeon Protocol (ORBN) in its presale.
Ethereum (ETH)
The open-source Ethereum (ETH) blockchain uses smart contract technology to enable apps and financial services to work without a central server. Ethereum (ETH) built a decentralized computing platform for smart contracts, programmable currencies and decentralized apps (dApps) that would go beyond what Bitcoin (BTC) could do. In a nutshell, Ethereum (ETH) was made to fix some of Bitcoin’s (BTC) problems.
The second largest cryptocurrency, Ethereum (ETH) has become the basis for a lot of other cryptocurrencies. Since Ethereum (ETH) uses its own blockchain and has its own programming language, Ethereum (ETH) is more flexible than Bitcoin (BTC). Analysts believe this flexibility will help Ethereum (ETH) dominate the market.
Early last week, Ethereum (ETH) went over $1,600, which sent its price soaring above $1,650 after it went up by 4%. Since the start of 2023, Ethereum (ETH) has increased by more than 35.8%.
Binance Coin (BNB)
Binance Coin (BNB) is a cryptocurrency that has grown in popularity over the past few years. Binance Coin (BNB) is flexible and always changing. Binance Coin (BNB) is a great investment because it can be used in a lot of ways and has a long history.
Binance Coin (BNB) was made by Binance, one of the biggest cryptocurrency exchanges, so it could be used on their platform as a native currency. Binance Coin (BNB) now offers a wide range of benefits, such as lower trading fees, access to exclusive events and deals and more.
Binance Coin (BNB) is also used to pay for different goods and services in the Binance ecosystem. In the world of cryptocurrencies, Binance Coin (BNB) is a sign of stability, security, growth and its value has only gone up over time.
Orbeon Protocol (ORBN)
The objective of Orbeon Protocol (ORBN) is to make investing in startups easier and more accessible by establishing a safe environment in which users may buy tokens with confidence. Orbeon Protocol (ORBN) uses blockchain technology to deliver unparalleled transparency to investors. This serves to safeguard investors against possible fraud or fraudulent activity.
Orbeon Protocol (ORBN) makes it simpler for investors to invest in potential firms that are only getting started. Investors may purchase these NFTs for as little as $1 via Orbeon Protocol (ORBN).
Orbeon Protocol (ORBN) also offers a security mechanism called “Fill or Kill,” which ensures that investors receive their money back if a project fails to meet its financing target within a set time.
Orbeon Protocol (ORBN) is now in presale phase 7, with a price of $0.071. This public presale phase will end soon, and analysts believe that the price of ORBN will increase by more than 6000% during the presale. Orbeon Protocol (ORBN) has received a lot of attention from the DeFi community, with a rally of over 1675%.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
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Binance Coin (BNB) and Ripple (XRP) Can’t Keep Up with BudBlockz’s (BLUNT) Impressive Growth
When investing in cryptocurrencies, properly research the market and protect yourself from unforeseen losses. Most catastrophic failures in investment come from poor financial decisions. Thankfully, there are resources on the internet for you to go through and get the information you need. Due to the volatile nature of the crypto market, both old and new cryptocurrencies need to be adequately studied.
The year has started on a good foot for cryptocurrencies like BudBlockz (BLUNT), as seen from its presale. Despite its novelty in the market, BudBlockz is fast becoming one of the most popular cryptocurrencies, even overtaking older projects like Binance Coin (BNB) and Ripple (XRP).
Let’s look at why it’s become difficult for Binance Coin and Ripple to keep up with BudBlockz’s impressive growth.
BudBlockz’s (BLUNT) Growth Surpasses All Expectations
Finding legal ways to ease the distribution of high-quality cannabis has been a problem facing the marijuana market for a long time. BudBlockz (BLUNT) comes in as a solution to that problem. Through blockchain technology, BudBlockz levels the playing field between the crypto market and the sale of cannabis products.
The main goal of BudBlockz (BLUNT) is to create an inclusive, immersive ecosystem that bridges the gap between crypto investors and cannabis traders. Cannabis enthusiasts now have an avenue to trade and invest in cannabis-related products.
BudBlockz (BLUNT) has introduced a decentralized ecosystem to pave an easier path for individuals to access the cannabis sector. BudBlockz (BLUNT) can establish itself as a significant force in the crypto market through this decentralized ecosystem. The BudBlockz ecosystem offers transparency, privacy protection, and security, all of which have contributed to its exponential growth since the start of its presale.
BudBlockz (BLUNT) is a cryptocurrency devoted to creating crypto solutions for its users; this is evident in its involvement with decentralized finance. The BudBlockz crypto platform has its DeFi platform, BudSwap, which will improve the availability of peer-to-peer exchanges for its users and investors.
Binance Coin’s (BNB) Influence Grows on the Market
The primary utility token of the Binance exchange is the Binance coin (BNB). It is also the native token on the Binance Smart Chain. The Binance Smart Chain is an EVM blockchain that functions as an Ethereum alternative. It facilitates the activities of smart contracts and dApps. Even though most of the products on the Binance platform are not dependent on it, their growth is still affected by the value and performance of the Binance ecosystem.
The Binance exchange is the most popular crypto exchange worldwide, and the Binance coin (BNB) has done well despite a few challenges. As its influence continues to grow in the crypto market, there is every indication that the Binance coin (BNB) will be around for quite a while.
Ripple (XRP) Provides Solutions to Exchange Currencies
Ripple (XRP) is a crypto solution that facilitates the conversion of cryptocurrencies to fiat currencies and vice versa. The native token of the Ripple platform is XRP, and it is used to carry out transactions within the Ripple ecosystem.
Recent observations have shown that Ripple has a high chance of growing more in the next few months despite its high volatility. However, Ripple (XRP) may still be one of the biggest cryptocurrencies of the year.
Binance Coin (BNB) and Ripple (XRP) have several utilities that make them valuable in the crypto market, but BudBlockz’s uniqueness has established it as a future leader in the market. BudBlockz (BLUNT) also offers its users promotions, contributing to the platform’s popularity.
Use promo code: EXTRA20 for an EXTRA 20% bonus on your purchase. Valid until January 31st.
Binance Completes 22nd Token Burn, Removes $620 Million Worth Of BNB From Circulation
In a recent tweet, Binance announced that it has completed its 22nd BNB burn and first quarterly burn of 2023.
When BNB was introduced in 2017, a promise was made to burn 100 million of the coin’s entire quantity, or half of it, and eventually leave only 100 million in circulation. Each quarter, this commitment is automatically carried out and the Auto-Burn formula is used to determine the amount.
According to a statement from Binance, 2.064 million BNB, or around $620 million at today’s values, have been taken out of circulation. In terms of BNB tokens, the 22nd burn broke the previous record set by the 14th, which occurred two years ago.
BNB Auto-Burn Formula
The Auto-Burn formula which is used by BNB provides an independently auditable, objective process. The figures are reported quarterly, and the mechanism is separate from the centralized Binance exchange. A fraction of BNB Chain’s gas fees are still being burned in real-time by a bespoke mechanism.
Based on the price of BNB and the quantity of blocks created on the BNB Smart Chain (BSC) during the quarter, the auto-burn mechanism modifies the amount of BNB to be burned.
The native coin of the BNB Beacon Chain and BNB Smart Chain, BNB fuels the BNB Chain ecosystem. Binance, a cryptocurrency exchange, released it following an initial coin offering in 2017.
The current price of BNB is $ 301.98 per token with a current market cap of $ 47.68B USD. BNB has broken the $300 resistance this weekend to reach $314 last Saturday and shows an upward movement.
Best Crypto To Invest In For 2023? Don’t Miss Hedera (HBAR), BNB, And Orbeon Protocol (ORBN)
Being down over 90% but having its own distributed ledger technology known as Hashgraph, Hedera (HBAR) could be one of the best crypto investments for 2023. Additionally, we have Binance’s BNB, which could sore now that its main competitor FTX has been declared bankrupt. Last but not least, Orbeon Protocol (ORBN), which skyrocketed over 805% in December, is likely to surge over 6,000% according to analysts and belongs in every savvy crypto investor’s long-term portfolio.
Hedera (HBAR) – The Only Crypto With its Own Distributed Ledger Technology
According to experts, Hedera (HBAR) is the most sustainable, enterprise-grade public network for decentralized finance (DeFi) that allows both individuals and institutions to create decentralized applications (DApps).
Whilst other cryptocurrency projects use consensus mechanisms such as proof-of-work and proof-of-stake to validate transactions, Hedera Hashgraph (HBAR) uses a PoS model combined with distributed ledger technology (DLT). This allows for faster transactions and a higher amount of transactions per second on the Hedera network. Apart from that, Hedera has built-in KYC and AML checks.
Now trading at a ‘’discount’’ of over 90% from its all-time high at $0.036, Hedera (HBAR) can be a great long-term investment for those who believe in advanced cryptographic technology.
Hedera (HBAR) has seen some significant attention due to its revolutionary new technology, and as such Hedera (HBAR) could be a strong opportunity for the future.
Binance Coin (BNB) Now Has More Unique Addresses Than Ethereum
Per a recent report published on the 22nd of December, the number of unique addresses on the BNB Chain has surpassed Ethereum. This would indicate that the BNB Chain is officially the largest layer 1 blockchain globally, and this has had resounding effects on BNB.
Etherscan shows us that Ethereum has over 217 million unique addresses, while BNB Chain has 233 million. This surge in BNB has most likely to do with the collapse of FTX, which caused many digital asset investors to move their funds towards competitor Binance.
Binance Coin (BNB) hasn’t seen much price action following the publication but may pick up as early as Q1 2023 as confidence in the cryptocurrency markets restores.
As of writing, Binance Coin (BNB) is trading at $244.29, down almost 60% from its all-time high of $661.45, and could be a bargain to add to your cryptocurrency portfolio.
Orbeon Protocol (ORBN) Skyrocketed 805% in December Whilst All Other Cryptocurrencies Have Suffered
Orbeon Protocol (ORBN) has drawn the attention of many cryptocurrency investors lately as it was one of the best-performing digital assets of December 2022. Whilst the majority of other cryptocurrencies declined in value, Orbeon Protocol (ORBN) managed to skyrocket by as much as 805% during the first two stages of its pre-sale.
If we take a close look at Orbeon Protocol (ORBN), it is no wonder why this project is surging right now. Orbeon Protocol (ORBN) aims to disrupt the crowdfunding and venture capital industries as we know them through the use of fractionalized NFTs as a form of investment, backed by equity.
This way, retail investors can enjoy the benefits of early seed and venture capital investing without having to meet all sorts of strict requirements. For the start-ups involved, Orbeon Protocol (ORBN) significantly reduces the costs of fundraising, and it allows the companies to be in direct contact with its backers.
Notably, ORBN holders are eligible for governance rights on the platform, along with other benefits like transaction fee discounts and governance rights. ORBN has already surged to $0.362 in presale and experts predict it could go as high as $0.24.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
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Binance (BNB) Price Might Face 2008-Style Macro Collapse, Warns Analyst
BNB was one of the best-performing cryptos in 2022, but it may crash in 2023. The exchange did well till now despite the FTX crash and other issues. As the year ends, the coin’s future seems gloomy, and many fear it may tumble lower.
Popular cryptocurrency researcher Nicholas Merten has warned that Binance Coin (BNB) may soon collapse, despite performing quite well in comparison to other cryptocurrencies. Let’s analyze the possible reasons:
Binance Coin (BNB) Is On A Decline
The Database host suggests that the recent downturn in BNB’s performance may be due to fear, uncertainty, and doubt (FUD) surrounding Binance in a new video update to his 511,000 YouTube subscribers.
BNB, which was previously a strong performer in 2021 and 2022, has shown a lack of upward momentum with lower lows and lower highs in recent weeks or months. It appears to be on the verge of a significant decline.
Reasons for collapse
- People are concerned that BNB would end up being classified as a security, which would prevent it from being listed on several US exchanges.
As a matter of fact, we’ve been pretty understated in our approach to the Binance rumors and speculation. There may be no basis for much of the fear and uncertainty being spread. There’s no reason you can’t take your money off of exchanges whenever you want, although I do think Binance is superior to Coinbase in many aspects. It’s on par with reputable exchanges like Coinbase and Kraken, where your money is always safe.
- Additionally, Merten is sounding the alarm about the bearish price action in the equity markets having an adverse effect on cryptocurrency.
Crypto Next Year
Nicholas Merten expresses concern that the S&P 500, which tends to influence the behavior of crypto asset prices, may be at risk of a significant decline similar to the 2008 financial crisis. He notes that the S&P 500 is currently being tested at its 200-week high and may fall back down if it cannot maintain this range of support.
While it is possible that the downturn may not be as severe as the 2008 crisis, the charts are warning of potential difficulties ahead. The host does not necessarily imply that this will happen, but rather raises the possibility as a cautionary warning.
Final thoughts
Analysis of Binance Coin (BNB) suggests that there may be a reversal in the near future. Currently, market bears appear to have control, but if bulls do not bounce back soon, bears could take over the market. If the price breaks support, bears could have a significant impact on the market, potentially causing it to favor bulls. It is important to monitor the market closely in the coming days to see if a reversal does occur.
Is Binance Insolvent? Will BNB Price Carry the Same Fate As FTT-Decode the Truth?
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Binance FUD is prevailing within the crypto space which is heavily impacting not only the BNB price but for the entire markets
Binance exchange recently faced rumors regarding insolvency due to which hefty amounts of funds were withdrawn from the platform. This impacted the BNB price as well which dropped heavily by nearly 24%. This drop ignited ripple effects within the crypto space as most of the cryptos including the Bitcoin price dropped heavily marking a double-digit loss.
However, it was largely considered as a FUD as Binance is a very strong exchange and BNB token is a little more diverse than FTT. While Binance Coin is the native token of both the Binance Smart chain and Binance exchange, FTT is the native token of the FTX exchange only. Besides, there are some more features that keep Binance away from the crowd.
- Binance Smart chain or BSC is the world’s most used chain with the second highest TVL. BSC also has more active users than Ethereum, Polygon, and Solana combined.
- Apart from this BSC is the most used blockchain by top NFT games as well. 9 out of 25 top NFT games, making it the most preferred blockchain for crypto games
Overall, the Binance platform has been proved as the largest and the preferred platform and also has maintained trnasperency with the Proof-of-Reserves. Therefore, the platform may not experience the same fate as FTX and BNB price may rebound finely in the coming days.
Oryen Network Development Powers Ahead With dApp Release On BNB Chain
For many crypto traders, 2022 was a rough year. The crypto market saw new lows in the following quarters after hitting its all-time high (ATH) in November 2021 with a $3 trillion market valuation. Despite LUNA’s decline predicting a comeback in Q3, the FTX exchange disaster delivered the crypto industry another blow, sending Bitcoin prices to break below the $20k support.
Few tokens are currently suggested as suitable purchases in Q4. While others are in doubt, other projects are still in decline. The tokens TRON, $BNB, and $SHIB are a few to consider. Nevertheless, $ORY from Oryen Network is one token you cannot afford to miss.
Binance Coin: What is it?
The utility-rich Binance Coin ($BNB) is a native token of the Binance Smart Chain and centralized exchange, the biggest CEX in terms of trading volume. The token facilitates transactions on these exchanges, which provides significant fee reductions. $BNB is used to provide liquidity and trade NFTs outside of the exchanges.
Despite its ‘endless’ utility, the price of $BNB has fallen 15% in the last two months. Compared to other major projects, which have declined more than 50% during the same time, its performance is strong.
Launch of Oryen on BNB Chain
BNB Chain, one of the most extensive and most successful decentralized infrastructures in the blockchain environment, will shortly host the debut of Oryen Network. The world’s biggest crypto and derivatives exchange, Binance, created the BNB Chain after crowdfunding, similar to that of Oryen Network. The network encourages the creation of decentralized applications, or DApps, as well as the use of smart contracts. Along the chain, BNB also helps the BSC network.
Due to this blockchain’s global accessibility, ORY, Oryen’s native token, will be accessible to all types of investors from all over the world once it debuts. Additionally, crypto institutions such as hedge funds will gain access to the token, playing a major role in $ORY’s success. The storyline and market positioning of Oryen Network have Steven Clarke in good spirits.
Oryen’s ICO Performance
Despite the negative trends in the cryptocurrency markets, ORY has increased 3X in the past two months. Very few projects have had growth in the same time frame throughout the entire crypto market.
The platform plans to launch a decentralized exchange known as Oryen Swap to help investors and traders swap and trade tokens anonymously. The DEX will not require users to pass KYC requirements as centralized exchanges do. All trades and transactions will be anonymous, without traders having to produce their personal information. The decentralization will also shield crypto-savvy investors from the impending regulations likely to hit centralized entities after the collapse of the FTX exchange.
Even before the coin is live on mainnet, the continuing presale will deliver gains to the last investment. The platform plans to be the best choice for both short-term and long-term investors, with a 90% APY on all investments. Additionally, Oryen Network takes staking to a whole new level by eliminating the use of smart contracts. Smart contracts deployed on blockchain networks are currently widely used in the staking field. Oryen will utilize a risk-free value wallet that has inbuilt auto-staking and auto-compounding features to automate the process.
Final thought
Global finance is moving toward DeFi. Investing in interesting enterprises that offer passive income and allow you to make money while you sleep is crucial. As the present presale concludes, it will persuade more investors to buy Oryen, leading to further price increases. Buy ORY now to gain an advantage in the ecosystem.
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Crypto Price Analysis: DOGE, BNB, and DOT Price To Crash Soon?
Dogecoin, Binance Coin (BNB), and Polkadot (DOT) are some of the top cryptocurrencies in the market right now. But their prices have been on a rollercoaster ride lately, and there’s no telling when they might crash. This can be especially worrying for investors investing heavily in these cryptos.
Most of the time, when a digital currency takes a hit, it’s because of market conditions and investor sentiment. When there’s a bearish attitude towards the asset, people hesitate to invest in it, and its price may dip.
The case of Dogecoin has been hit by recent negative news about Elon Musk, who’s been a vocal supporter of the asset. This could be one reason for its recent dip. On the other hand, Polkadot and Binance Coin have been affected by Bitcoin’s price movements in recent weeks, as they tend to follow BTC’s lead.
Analyst Sentiments on DOGE, BNB, and DOT
Altcoin Sherpa is a famous cryptocurrency trader who regularly tweets about market trends and predictions. He’s been quite vocal recently about his bearish outlook on Dogecoin, Binance Coin, and Polkadot.
Altcoin predicts that the price of DOGE will return to the .057 area again. However, he also mentions that it could go even lower than that. Sherpa continues and talks about BNB and says that he does not see any positive catalysts for it to go higher in the near future.
Lastly, he mentions that Polkadot looks bearish, and soon it will grind down to sub $4 and doesn’t expect it to break out of its current downward trend anytime.
Looking at the 4-hour chart for DOGE, we can see that it is stuck in a descending channel, which means that it has been making lower highs and lower lows. The RSI indicator also indicates bearish momentum. The coin is trading today at a low price of $0.07417. The Bollinger bands are indicating some levels of volatility as the price is bouncing off them. Buyers need to be careful as there is a risk of the price falling further.
BNB is currently trading at a price of $248.62 within the last 24 hours. It has shown a downtrend of 0.03% and is trading within a descending channel. The RSI indicator also indicates bearish momentum, and the Bollinger bands indicate high levels of volatility. If buyers don’t come in soon, BNB could experience a further drop.
Polkadot is currently trading at a price of $4.60 within the last 24 hours. It has shown a downtrend of 0.49% and is trading within a descending channel. The RSI indicator also indicates bearish momentum, and the Bollinger bands indicate high levels of volatility. If buyers don’t come in soon, DOT could experience a further drop.
Conclusion
The prices of Dogecoin, Binance Coin, and Polkadot have been on a rollercoaster ride lately, and investors should be cautious before investing in any of these assets. Altcoin Sherpa has predicted a bearish outlook for all three, and investors should take note of his predictions. It’s also important to keep an eye on the market conditions and overall sentiment before investing in any crypto asset.
Attention Traders!! Binance Coin Could be the Next LUNA, Will BNB Price be Halved?
The crypto space is used to undertake notable swings during the weekend and as expected, most of the cryptos dragged a massive leg down. Bitcoin price sliced through the lower support and marked new lows for the month at around $16,500 which dragged the entire crypto space down. As a result, the Binance Coin which has been under the surveillance of bears for a few days is expected to go through a steep descending trend very soon.
Recently, the world’s largest crypto exchange Binance was believed to have landed in deep trouble and was expected to undergo a similar fallout as Terra or FTX. It all started when the platform halted the USDC transactions due to which panicked traders withdrew funds in huge amounts from the platform. At the same time, the Proof-of-Reserve report rolled out by the platform also displays some flaws.
This created a huge FUD within the crypto space that led to a drop of nearly 25% in just a couple of days. Meanwhile, the price has witnessed a slight recovery but is believed to revive a steep bearish trend to replicate LUNA-like fallout very soon.
The BNB price broke down from a multi-month support zone, which was earlier witnessed with LUNC (LUNA then). The price reached its peak ad broke down drastically which was the first time in history. Comparing both the charts and the scenario, the analyst here cautions his 216.9K followers that BNB price may also slash hard similar to how LUNA fell then.
The analyst here refers to Elliot’s wave theory which is usually used to determine the upcoming price trend by considering market sentiments in the form of a wave. As the BNB/BTC chart mentioned above completed the 5th wave as per the theory and hence looking for a bearish reversal that may drop the price below $150 in the coming days.
Presently, the Binance coin (BNB) price is hovering below $250 at around $247.6, rising from the lows of $220.5. Despite a significant bullish volume, the price appears to be struggling hard to regain the levels above $250. If the price continues to remain within bearish captivity, then it may resemble the Terra (LUNA) price drop very soon.
BTC, ETH, BNB, and DOGE Prices May Find their Bottoms in 2023! Is ‘Binance FUD’ the Final Capitulation Phase of 2022?
The crypto space is again bleeding, now with the fresh FUD over the world’s largest exchange Binance. Meanwhile, Bitcoin price is displaying some strength, as Ethereum price has slid down slightly. However, the spotlight was on Binance Coin(BNB) which slumped hard by nearly 20% since the early trading hours. However, the circulating Binance FUD is expected to be the final event that shook the entire crypto space.
A popular analyst tunez.eth, believes that the crypto markets could have been at the last phase of the cycle where-in the trader’s loose focus on buying altcoins. Moreover, the shift of focus would be back to the top 2 cryptos, Bitcoin & Ethereum. This may further ignite a fresh BTC price rally which will be followed by the ETH price.
Analyzing the Bitcoin chart, the analyst says that the price may drop to the lower support of around $10,000.
“There is probably an infinite bid below 10K that naturally gets front-run Can imagine that BTC hovering over 10K would start to feel like maybe it’s actually all just over, the type of sentiment we need to bottom,”
Coming to Ethereum the analyst believes the lower support could be around $1000.
“Only number that really matters to me is $1000. Anything below $1000 is a great buy long-term and should serve as where accumulation occurs,”
Moving on to BinanceCoin, he says the BNB price at $190 to $250 is like what the BTC price was during 2018 at around $6000, and breaking these levels could be the final capitulation phase.
“The BNB $190-250 range is essentially the bitcoin 6k 2018 price floor. Breaking this price floor should provide this market with its final capitulation. Squiggle is just a prediction, the trendline break is what you should be waiting for before risking on at all IMO,”
Lastly, referring to Dogecoin, the analyst finds it as the cleanest chart within the crypto space and believes, DOGE has the potential to revolutionize the micro-payments.
“Probably the cleanest chart in crypto, at this point it’s an elon musk social token, has the potential to be revolutionary for micro-payments. Your grandkids won’t believe you were able to buy a doge for less than a nickel. The easiest hold in crypto,”
BNB Prices Slashes by 20%, Will Binance Survive the ‘FUD Attack’ or Will the FTX Fiasco Repeat?
The FTX fiasco does not appear to settle so soon as the aftermaths of the collapse appear pretty huge than expected. It started with Binance letting off all the FTT tokens worth more than $500 million, which ignited a fresh FTT price plunge. After creating a ripple of fallouts with Genesis, BlockFi, etc, now the wave has stuck back to Binance. No sooner had it halted the USDC withdrawals, than the ‘Binance FUD’ began to circulate.
Traders just began withdrawing from Binance as they feared as part of the past events with Terra & FTX. Further, the Proof-of-Reserve which was promoted by the Binance CEO, CZ to maintain transparency also backfired on the platform as the auditors claimed the report was not satisfactory. This impacted the price of the native token BNB which is trading below $300 with a huge drop of nearly 25% in the past few days, marking the lows at $220.
The markets have turned extremely bearish over Binance right now which was multiplied by the Fed Chair’s hawkishness and ongoing SBF trail. Due to this, the traders have expressed their desire to sell as huge negative mentions w.r.t Binance prevailed, socially. This is enough to keep the markets consolidated or captivated for a prolonged period.
Binance Under-Reported BTC Holdings
After the FTX debacle, Binance was the one that promoted to display of the Proof-of-Reserve on the exchanges. After Binance, almost all the exchanges also exhibited their respective PoR being transparent and to regain the trader’s confidence.
However, Mazars, the firm which audited Binance, initially raised concerns over Binance’s PoR report and later stopped auditing the other crypto platforms like KuCoin, CryptoCom, etc, creating a fresh wave of FUD.
As per the new report from Glassnode, the Binance exchange balance and the reported balance in PoR displayed a huge difference.
As per Glassnode, the balance on the Binance exchange displays a total of 584,600 BTC but the platform reported 359,300 BTC in its PoR. Considering this report, there is a huge difference of more than 200K BTC worth nearly $3.4 billion at the moment. Meanwhile, the Ethereum reserves accurately display 4.65 million ETH held.
Many of the crypto influencers do believe that Binance FUD is being circulated to revive the FTX failure again as the platform is processing the withdrawals without any delays. Conversely, the traders’ confidence appears to have shaken as the platform recorded huge outflows recently. While, the Binance CEO, CZ, is trying his level best to disperse the FUD over the platform, the BNB price continues to bleed massively.
Flasko (FLSK) Wins Investor Interest, Overtaking Binance Coin (BNB) and WhiteBit (WBT) Token
Most cryptocurrencies are affected by the bear market, and thus, investors are looking for other investment options. Binance Coin (BNB) and WhiteBit (WBT) investors are particularly interested in the new initiative called Flasko.
WhiteBit Token (WBT) Has Failed To Impress Investors
WhiteBit Token (WBT) is the native cryptocurrency token offered by a leading European Exchange. When it was launched, many investors rushed to buy the WhiteBit Token (WBT). But as time went by, the value of the WhiteBit Token (WBT) became less appealing to investors. There has been no significant growth at all, which makes investors unhappy.
Binance Coin (BNB) Is Not Offering The Best Returns
Binance Coin (BNB) is another cryptocurrency that has failed to impress investors now. This is the native cryptocurrency offered by Binance, which is one of the leading exchanges out there. The value of Binance Coin (BNB) increased by more than 1,300% in 2021. However, it is now considered a less desirable investment for investors because the value of Binance Coin (BNB) is not growing.
Flasko (FLSK) Is The Best Cryptocurrency To Invest In Now
Flasko is an alternative-investment platform that will allow investors and users to invest in rare, luxury, vintage whiskeys, wines, and champagne.
The Flasko initiative is currently on its Stage Two Presale. The first stage of the presale was a huge success, and the token’s value greatly increased. Flasko is now priced at $0.085. This value is expected to grow by 4,000% in the next three months.
Experts agreed that Flasko is a solid investment option as it passed the audit conducted by Solid Proof. It also has its liquidity locked for 33 years.
Analysts said Flasko could be an opportunity to get into a future blue-chip cryptocurrency at an extremely good price point.
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
Top Analysts Maps New Lows For Ethereum (ETH) & Binance Coin( BNB) Price
Markets have turned bearish at the moment with the top assets plunging displaying a notable bearish trend. While Bitcoin price is scuffling to remain above $16,000, bears appear to be pre-determined to drag them lower. In the meantime, a popular analyst believes that the 2 large cap altcoins, Ethereum & Binance Coin are poised to drop by nearly 50% shortly.
A well-known analyst, anonymously called il Capo of Crypto has been bearish on the crypto space for nearly a quarter now and believes the tokens are yet to mark their lows. Now while the top crypto assets are closer to facing a rejection, he claims ETH price to plunge by more than 50% to reach levels between $600 to $650.
The ETH price which is currently trading at around $1169 at the moment has experienced a drop of nearly 3.63% in the past 24 hours. The price has been holding the lower support at $1100 during the bearish trend and has been able to rebound firmly. If in case, the asset fails to hold this crucial support, Capo believes the price to drop by nearly 50% by the end of 2022.
Furthermore, the analyst sheds some light on the Binance Coin price which is also manifesting a similar price action. The BNB price at the moment is trading around $294.84 with a drop of 5.8% in the past 24 hours. The analyst believes the token may fail to surpass $300 and could drop below the pivotal zone around $280. This may further trigger a huge downfall towards the levels of $125 to $135.
Overall, the analyst continues to remain bearish for the top cryptos and believes the price may get ‘hammered’ anytime from now. Hence, with a minor bearish divergence, Ethereum (ETH) price and Binance Coin(BNB) may soon mark new lows in 2022.
Binance Coin (BNB) and Polygon (MATIC) Decline, But Flasko (FLSK) Will Rise
Cryptocurrency investment could be profitable. However, some investors are successful while others are not. You need to be smart enough and know where to put your investments.
Binance Coin (BNB) and Polygon (MATIC) are two popular cryptocurrencies. They used to give investors satisfying returns, but now, they are having difficulty achieving that expected profit. Thus, investors are looking for other options, and that’s when Flasko comes in, a new initiative that has been making a noise in the crypto world.
Polygon (MATIC) Continues To Decline
Polygon (MATIC) introduced a significant blockchain-based development on a layer-2 network. Polygon (MATIC) was supported to improve the overall performance within Ethereum decentralized apps. There were more than 3,000 different applications associated with Polygon (MATIC) as well.
Polygon (MATIC) is used to show some success. However, the bear market hit hard on Polygon (MATIC), and now it is struggling to make successful returns. For some Polygon (MATIC) investors, investing in an alternative cryptocurrency such as Flasko would be the best decision.
Binance Coin (BNB) Shows No Growth
Binance Coin (BNB) is the native cryptocurrency of the Binance exchange. Binance is a well-known and stable brand. As a result, investors didn’t have second thoughts when they invested in Binance Coin (BNB).
However, Binance Coin (BNB) did not get a lot of positive attention in the recent past. Binance Coin (BNB) seems to be stuck in raising its value. The bear market could be the main reason for it. Binance Coin (BNB) investors are now looking for new investments that could offer them the returns they want.
Anyone Can Invest In Flasko (FLSK)
Despite the recent effects of the bear market, cryptocurrency investors are still hopeful. And Flasko, as a new initiate, has been the most talked about the crypto project in the community.
With Flasko, users will be allowed to take part in the lucrative wine and spirits industry by investing in NFTs backed with rare whiskey, premium champagne, and fine wines. Users can purchase full or fractionalized NFTs. Those who will buy the full NFTs will have the option to have them delivered to their preferred location.
Flasko is available for $0.065. The presale is still ongoing, and experts predicted the value to increase massively in 2023.
If you want to invest in a secure and promising investment, we recommend checking out Flasko.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
Binance Coin (BNB) Price Flashes Bullish Signs, Needs to Hold These Levels to Close 2022 Trade Above $500!
The crypto markets are witnessed a significant recovery since the past trading day as Bitcoin price soared from $15,800 to as high as $16,800. Meanwhile, BinanceCoin (BNB) price also marked daily highs above $300 but failed to sustain above these. A rebound beyond the resistance is much required to keep the bullish momentum but woefully the drop in the daily addresses indicates a diverse trend.
Binance Coin (BNB) Price Analysis
- The BNB price was trading within a bullish ascending pennant until the market collapsed due to the FTX crisis that dragged the BNB price below the crucial trend line
- After undergoing a brief descending trend, the BNB price rebounded finely from the lows around $250 and reclaimed the levels within the pennant
- Woefully, the price experienced rejection at $300 and presently appears to be stuck below these levels.
- The price may continue to consolidate along the trend line until either the buying or selling pressure kicks in that may impact the price movements accordingly
Binance Coin(BNB) Price Predicition for November 2022
The token is among the crypto assets that silently rose from the lows below $50 and surged gigantically to surpass $600. Since then, the price maintained a similar trend and without being primarily impacted by the market trend, tries to maintain its independence. However, the market participants appear to have lost focus on the asset as the daily active address stoops to new lows.
The daily active address denotes the user’s activity over the platform, regardless of whether the user is buying or selling the token. Hence the number of active addresses recording new lows indicates the shift of focus of the traders away from BinanceCoin. Therefore, this may severely impact the volatility of the price which may in turn compel the price to remain within the close range.
Collectively, Binance Coin, the silent storm that has secured its position within the top 5 has enough barriers to break before attempting a firm recovery. With a strong rebound, the BNB price is believed to reclaim the lost position, followed by a surging high to reach $500 in the coming days.
Snowfall Protocol (SNW) Is Set To Outperform Pancake Swap (CAKE) And Binance Coin (BNB)
Two of the more popular cryptocurrencies, Binance Coin (BNB) and PancakeSwap (CAKE), are competing with the new crypto project Snowfall Protocol (SNW) as investor favourites, so we look at all three.
Snowfall Protocol offers a more comprehensive and robust offering than these coins, and the market is reflecting this. More growth can be expected as the Snowfall rollout expands.
PancakeSwap (CAKE)
Pancake Swap has gone through its share of market fluctuations, like hitting an all-time low two months after its release. The crypto market is rough, and many low-level offerings go through bearish situations. Pancake Swap (CAKE) is a decentralized exchange (DEX) with an automated market maker (AMM). The crypto platform also provides lotteries, staking, and more.
Over the past week, CAKE has been trending on the watchlist of some investors. The market seems to be responding to PancakeSwap (CAKE) for the time being.
Binance Coin (BNB)
Binance Coin (BNB) is the token of the Binance crypto exchange. Binance is amongst the larger exchanges working right now. The exchange’s success has also meant that the Binance coin (BNB) is also successful.
The success of Binance can be attributed mainly to its low fees. The Binance exchange offers some of the lower rates compared to other exchanges. The BNB coin has practical advantages like discounts on trading charges and various other discounts.
As the acceptance of crypto coins grows globally, BNB coin is ready to rise along with the demand for cryptocurrencies.
Snowfall Protocol (SNW)
Snowfall Protocol (SNW) has several features that make it an attractive investment opportunity. Snowfall Protocol (SNW) offers investors unique earning opportunities that eliminate the need to pay high transaction costs for each transaction. The platform will gradually help users build a steady stream of passive income, even if they have very few coins to burn. The system is thus entirely sustainable for smaller investors. An ingenious Snowfall Protocol (SNW) supports users in maintaining a diverse portfolio of assets.
Snowfall is unique because it allows users to deposit their coins and use them as collateral for borrowing at low costs. This means that users can build a passive income without losing their tokens. In addition, Snowfall Protocol borrowing rates are some of the lowest around, making it much more profitable to use the Snowfall platform for staking tokens.
Bottom Line
2022 hasn’t been the best year for crypto investors, with most investors seeing the overall size of their portfolio shrink as the year progresses.
However, what is being noticed is that despite the market downturn, crypto projects with robust offerings like Snowfall Protocol (SNW) have shown great strength in recent months, proving that they are still worthwhile and reliable investment options in the cryptocurrency world.
Click the links below to learn more now!
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
Presale: https://presale.snowfallprotocol.io
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
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Outrageous Burn On Launch From Uniglo.io Will Overshadow SHIB And BNB Burns
Have you heard of Uniglo yet? This hot new project is grabbing investors’ attention with its ingenuity, ease of use, and smart action: Uniglo’s latest announcement that all remaining tokens leftover from the launch are to be burned has been met with great enthusiasm by holders. This is unsurprising, as typically mass-burn events create major upwards price pressure. Read on to learn more about Uniglo and how to get involved before the launch.
Uniglo.io Burn Event
Uniglo is the very first multi-asset backed treasury led by its community. Holders of native token GLO are eligible to vote on key decisions regarding the direction of the project, such as whether or not to burn on launch. Voters also must decide what to hold in the Uniglo Vault. The Vault is designed to contain all kinds of assets, from the usual cryptocurrency and NFTs, to more exotic, tangible choices like fine art, classic cars, collectibles, and precious metals. Anything that can be held for profit is on the table. Most people would never have the opportunity of capital to access the riches of the Uniglo Vault, but by pooling cash together in the treasury, the Uniglo community has immense buying power, and everyone is entitled to a slice of the profit it will inevitably generate. With a bear market underway, the Vault is set to reap great rewards in time.
SHIB and BNB Burns
Shiba Inu (SHIB) is a cuddly meme token with a strong fanbase, available on most exchanges. Early adopters made massive gains after half of the tokens were burned by one holder: Ethereum founder Vitalik Buterin. Since then, the token has suffered painfully low burn rates and will never see burning on the same scale again.
Binance Coin (BNB) was also up against slow burn. Changpeng Zhao introduced a real-time burning mechanism (BEP-95), which burns a portion of gas fees to counteract the inflation damage. Quarterly burns were replaced by BNB Auto-burn, anchored by BNB price and the number of blocks generated on BSC (per quarter). Needless to say, white effective, these measures bring nowhere near the level of burning expected from the Uniglo burn event.
Conclusion
Uniglo is set to launch on Ethereum Network next week: time is running out. Act fast if you want a piece of GLO before the big burn event sends prices skywards.
Learn more:
Join Presale: https://presale.uniglo.io/register
Website: https://uniglo.io
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Flasko (FLSK) Presale Is Attracting Binance Coin (BNB) and Avalanche (AVAX) Investors
Cryptocurrencies are, without a doubt, here to stay. Investors and regular people are taking it seriously because it has a market valuation of more than $1 trillion. But choosing which coins and tokens to invest in might be difficult given the wide variety of options available. The whales step in at this point. These are the major actors in the cryptocurrency industry who control a sizable amount of wealth and power. Whales of Binance Coin (BNB) and Avalanche (AVAX) are particularly impressed by Flasko because of its outstanding performance and bright future.
Binance Coin (BNB) Investors Are Looking Into Flasko (FLSK) Presale
A well-known cryptocurrency exchange that enables users to purchase, sell, trade, and swap cryptocurrencies and NFTs is called Binance Coin (BNB). On the BNB platform, users may now choose from more than 600 coins. The fifth-most valued cryptocurrency by market capitalization is the native token Binance Coin (BNB), a well-liked altcoin. The application cases for Binance Coin (BNB) go far beyond the exchange. Binance Coin (BNB) owners who utilize it on the exchange might cut their trading expenses. Currently, more than 30 million people worldwide use Binance coins.
Due to its popularity, Binance Coin (BNB) is now accepted as a legitimate payment mechanism in several situations. For instance, travelers can use Binance Coin (BNB) to pay for both physical and online travel.
Avalanche (AVAX) Investors Are Into Other Alternative Options
Avalanche (AVAX), announced by Ava Labs in 2020, was one of the first blockchains developed to address the scalability issue plaguing the Ethereum network.
Due to its speed and speedy transaction finality, Avalanche (AVAX) attracted liquidity inside Defi, and many developers ported their DApps to this EVM (Ethereum Virtual Machine) compliant blockchain. In the meantime, Avalanche (AVAX) has had a substantial retracement during the bad market.
Flasko (FLSK) Can Offer Huge Returns To Early Investors
Several cryptocurrency experts have expressed interest in the project’s Unique Value Proportion since its presale started in September, making it one of the most well-known cryptocurrency projects.
Premium, rare wines, whiskeys, and champagnes are sold globally and are steadily gaining in popularity, with sales reaching a trillion dollars. The alternative investment platform offered by Flasko is built on this market. Because of this, Flasko has enabled cryptocurrency owners to profit from this profitable industry, even with a small investment of $0.77.
Flasko has protected liquidity on the platform for 30 years after passing the audit with Solid Proof. Renowned crypto experts have recognized Flasko as the safest investment option of the decade with amazing return potential.
Make sure you don’t miss out on this chance.
Website: https://flasko.io
Presale: https://presale.flasko.io
Twitter: https://twitter.com/flasko_io
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
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Binance Teases BNB, DOGE, and MASK For Payments On Twitter? Here’s The Complete Truth
Binance, the biggest cryptocurrency exchange in the world, announced the release of USDⓈ-M Binance Bluebird Index perpetual contracts on Wednesday. BNB, DOGE, and MASK tokens are all tracked by the Bluebird Index. Some believe Binance CEO “CZ” mentioned payment tokens that Twitter will enable. It is already anticipated that BNB and Dogecoin (DOGE) would be supported on Twitter.
Binance CEO claimed the company is only an investor in the purchase and isn’t involved in Twitter operations. Binance can assist Musk with web3, accept cryptocurrency payments, and decrease spambots. But he thinks Twitter ought to embrace more cryptocurrencies than only DOGE and BNB. Probably not the best course of action is to choose only one crypto.
Binance Bluebird Index Sparks Interest
The BNB, DOGE, and MASK performance are tracked by the Binance Bluebird Index, a cryptocurrency price index introduced in November 2022. The Index is determined by a method that takes into account the weighted averages of the tokens’ current USDT prices on the Binance Spot market.
According to an official announcement made on November 2, Binance Futures will introduce USDⓈ-M Binance Bluebird Index perpetual contracts (BLUEBIRDUSDT Perpetual Contracts) on November 2 at 12:00 UTC. In the case of perpetual contracts, Binance intends to provide leverage of up to 25x.
BNB, Dogecoin (DOGE), and Mask are among the cryptocurrencies that are tracked by Binance’s new cryptocurrency price index. Additionally, Binance uses weighted averages of the current USDT prices of the constituent tokens on the Binance Spot to generate the index.
Crypto expert Miles Deutscher wonders if Binance CEO “CZ” made any allusions to the cryptocurrencies that would be accepted for Twitter payments. The theory behind the rumor is that if Elon Musk integrates Dogecoin for payments on Twitter, Binance will seek to support BNB there.
In fact, “CZ,” the CEO of Binance, stated in an AMA yesterday that it is not preferable to endorse a single cryptocurrency on Twitter. Not just DOGE and BNB, but other cryptocurrencies should have support from Elon Musk on Twitter.
Furthermore, he stated Elon Musk is preoccupied with managing Twitter and firing workers. Therefore, there isn’t a good time right now to support cryptocurrency on the platform. Elon Musk, though, holds Bitcoin and is a major Dogecoin fan. Therefore, Twitter might add some crypto-related features.
BNB, DOGE, and MASK see a surge in trading volume.
Dogecoin and BNB experienced a huge trading volume and price movement due to Twitter rumors that supported these crypto assets. Dogecoin’s arrival on Twitter was previously teased by Elon Musk. On Twitter, the CEO of Binance also suggested support for BNB. The price of DOGE increased by almost 130% in a single week, while the price of BNB increased by over 12%.
The price of the MASK token, however, increased by around 250% in a single week. The MASK price has increased by more than 55% in the past day and is currently trading at $3.63. A day’s worth of trading volume has increased by over 270%.
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Investors of Binance Coin (BNB) and The Sandbox (SAND) Take Part in Flasko (FLSK) Presale
The most recent bear market made almost every cryptocurrency have a 90% drop in value. Binance Coin (BNB) and The Sandbox (SAND) are not exempt from this fact. With both coins showing a bloody chart, investors are starting to switch investment strategies.
Investors are looking at new innovative coins that will provide significant profits in the future, and Flasko will be one of those coins.
Binance Coin (BNB) Price Has Failed to Fulfill Expectations
Binance Coin (BNB) was first a product sold in Binance’s initial coin offering (ICO), then once the exchange started, it became a mechanism for customers to pay lower trading costs on the site.
Several vital things now influence the price of Binance Coin (BNB). 2022 has been disastrous for Binance Coin (BNB) as it has had a downward trend. At the time of posting, Binance Coin (BNB) is trading at $287.78, a 58% fall from its all-time high of $690.93.
Unfortunately, there is always a chance that Binance Coin (BNB) may continue to fall.
The Sandbox (SAND) Sees A Downward Trend
Users may develop, share, and earn money from in-world goods and game experiences in the Ethereum-based metaverse and gaming environment known as The Sandbox (SAND).
The Sandbox (SAND), developed by Pixowl, aims to upend the conventional gaming industry in which platforms own and manage user-generated content while limiting the rights of artists and players. Users in The Sandbox (SAND) have complete control over the things they make.
The Sandbox (SAND) has seen a continuing negative trend in 2022. It is currently priced at $0.7686, leaving much to be desired. This price point makes The Sandbox (SAND) holders anxious about the tokens’ future.
Flasko (FLSK) Will Rise 4,000% In 2023
Flasko is expected to soar by almost 4,000%, according to crypto experts. It seems like a lot, but let’s consider why they might predict that. Enormous gains are anticipated from Flasko, especially for early investors. The rare whiskey, wine, and champagne industry are worth trillions, and Flasko is creating a platform that combines that industry with NFTs.
The Flasko platform will allow users to buy NFTs backed by vintage and elegant wines, champagnes, and whiskeys. Early investors will gain the ability to have first access to minting any NFTs on the platform while also receiving trading rewards first.
Brands of premium beverages that are just getting started will be able to reach consumers they otherwise wouldn’t through the Flasko launchpad. Early investors will also get discounts on these products.
Flasko has a price of only $0.065, and it is simple to understand why the cost of the Flasko token is expected to rise 40x in the upcoming year with incentives like those.
Now let us discuss safety. We can see that the Flasko team is in it for the long term by locking the liquidity of Flasko for 33 years. Furthermore, the team will freeze tokens for three years with a 3-year vesting period. And with an audit done by Solid Proof, Flasko is one of the safest investments anyone can make.
Given the surge in interest in the currency, Flasko has reached stage two of its presale, and we anticipate that it will end quickly. You cannot afford to blow this opportunity.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
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How Global Blockchain Teams Stopped Over $470 Million BNB Being Hacked
On the 6th of October, BNB Chain ground to a sudden halt after experiencing a massive exploit. By attacking one of the main bridges within the blockchain system, hackers were able to exploit faulty code to mint tokens at a rapid rate.
In the span of only a few hours, they’d created nearly $600 million in value, which they were starting to rapidly liquidate off the platform. Yet, due to the fast reaction of validator teams, the chain was able to prevent the vast bulk of capital from leaving the ecosystem.
In this article, we’ll turn toward these BNB Chain validators, demonstrating exactly how their fast action and international response managed to save the platform, its customers, and investors, millions of USD.
Let’s get right into it.
What Happened?
The BNB Chain, which is a blockchain that aligns with one of the world’s leading crypto exchange platforms, Binance, experienced an exploit. Hackers were targeting the BSC Token Hub, a central bridge within the infrastructure of the chain.
By finding an exploit in the bridge, hackers were minting additional BNB tokens at an alarming rate. These hackers were effectively able to create new cryptocurrency directly for themselves, quickly siphoning off the capital they’d created into their own accounts and liquidating it.
Within 90 minutes, the hackers had created nearly 2,000,000 new BNB coins. Before the hack was noticed, this figure was worth around $570 million USD. The team of hackers began to liquidate this huge figure, taking it off the chain as quickly as possible.
Luckily, validators noticed the strange activity and rapid mining of new BNB and sprung into action. By alerting the right people and freezing the chain, they stopped the hackers from withdrawing the total sum.
Instead of the full $570 million, those that capitalized on the exploit were only able to steal around $100 million worth of BNB. While this was still a major impact, which has caused the BNB token to trend down in value since the attack, this was only a small percentage of the full harm that could have been done.
Do We Know Who Capitalized on the Exploit?
As of the 24th of October, Binance has released information to the public claiming that they’re getting close to narrowing down who did the hack. With help from law enforcement, they have a better idea of who could have committed the exploit.
That said, they’re still not certain, with the $100 million that was stolen seemingly having vanished completely. While the BNB chain is working on fortifying their bridges, Binance has devoted itself to finding the perpetrators of the crime.
How Validators Saved the Day
It’s undeniable that the quick reaction from BNB chain validators was the salvation in this scenario. If they hadn’t noticed the strange events from the bridge so quickly, then the hackers would have had significantly more time to liquidate even more funds.
Considering they managed to move $100 million from the system in only 90 minutes, the difference between finding out 30 minutes later could have been disastrous for the ecosystem. The BNB Chain has 26 unique validators, spanning across the whole globe. Due to their vigilance, the system was able to respond quickly and neutralize the threat as rapidly as possible.
Yet, the support that validators supplied didn’t just stop there. After the event, the BNB outage was hemorrhaging money for the entire system. All validators had stopped services when the blockchain stopped, meaning they needed time to get back up and running once the blockchain was ready to recommence.
Without validators, DeFi applications cannot run properly, making the vast majority of tertiary blockchain applications on the system fail to function. This creates a snowball effect, causing even more problems down the line.
One of BNB Chain’s validators, Ankr, provided the solution where. Ankr’s RPC services were extremely quick to respond after the BNB outage. Unlike other validators, which hesitated in bringing their services back online, Ankr’s RPC services immediately resumed the moment that BNB Chain relaunched.
During the outage, Ankr’s RPC server remained directly pegged to the blockchain, ensuring that all data was in accordance with the moment the ecosystem came back online. Ankr was able to do this, in part, due to the international team they employ. Instead of being focused in one particular region, Ankr spreads their DevOps teams around the globe.
With this approach, they’re able to cover a 24-hour window, with time zones allowing a team of engineers to constantly be active, online, and ready for response. Their international placement of teams reflects the central ideals of blockchain – with the spread of decentralized teams reflecting the placement of international nodes.
Instead of banking on one particular country or focusing efforts in one region, Ankr’s international approach to DevOps allowed them to alert the system, come back online instantly, and allow BNB Chain’s DApps to continue functioning.
Ankr was one of the fastest responders to the incident, developing, testing, and releasing security updates in less than 30 minutes. Their response demonstrates the commitment that validators have to their ecosystems, with Ankr exemplifying a near-perfect crisis response.
Final Thoughts
As decentralized systems, blockchain networks rely on the validators they have available to them. As these systems continue to grow in popularity, as well as accumulating more total funds, they will become even more of a target for exploitation. While decentralization is a strength of the system, it also leads to a range of potential security issues when information is not shared.
By working with validators, blockchain networks are able to bring further levels of security, monitoring, and due diligence to their systems. Ankr is a fantastic example of how enriching it can be to work with validators.
From speeding up the daily transaction speeds of ecosystems to providing a level of support, these are vital for blockchain’s success. If this event has taught us anything, it’s that blockchain systems must create international teams to help them respond to incidents. A critical event can occur at any time – we must be ready when they come.
Binance Coin (BNB), Dogecoin (DOGE), and Flasko (FLSK) Will Take Your Crypto Portfolio To The Next Level
Cryptocurrencies investors tend to sell their holdings that previously performed well but are currently suffering from the bear market. Tron (TRX) and Solana (SOL) are two excellent examples. The majority of people who previously invested in those cryptocurrencies are now abandoning them in favor of other investments, including Flasko.
Binance Coin (BNB) Is Doing Strong
Binance is going strong as a major cryptocurrency platform. Most cryptocurrency holders and traders prefer to proceed with Binance and get their work done. Binance Coin (BNB) is the native cryptocurrency associated with this platform. Since Binance is doing well, the cryptocurrency Binance Coin (BNB) is doing well too. Due to the same reason, the value associated with Binance Coin (BNB) will increase in the future as well.
Dogecoin (DOGE) Might Give Better Returns In Future
Dogecoin (DOGE) is still among the leading cryptocurrencies in the world, and most investors are holding onto their investments. Even though the hype for meme coins is over, they still believe that cryptocurrencies such as Dogecoin (DOGE) will give sudden returns at the end of the bear market.
Some cryptocurrency experts predict that the current bear market will end by 2023. Hence, existing Dogecoin (DOGE) investors can hold onto their investments. On the other hand, new investors may keep their eyes on the growth potential of this cryptocurrency and proceed with their investments.
Investment In Flasko (FLSK) Will Be Excellent
Flasko has managed to gain popularity among cryptocurrency enthusiasts. More than anything else, they are curious about Flasko’s growth potential.
On its presale, Flasko’s price is currently $0.065. Its value increased quickly, and experts anticipate greater gains of about 4,000% in early 2023.
The Flasko initiative will allow investors to buy and trade NFTs backed up with real-world assets like expensive and premium champagnes, wines, and whiskeys. Considering the growth in the wine and spirits industry, there is no doubt that Flasko will grow massively in the next years to come.
Flasko also passed the Solid Proof audit and locked its liquidity for 33 years. This gives investors assurance of how safe and secure Flasko is as an alternative investment platform.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
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Binance Coin (BNB) and Polygon (MATIC) Decline, But Flasko (FLSK) Will Rise
Cryptocurrency investment could be profitable. However, some investors are successful while others are not. You need to be smart enough and know where to put your investments.
Binance Coin (BNB) and Polygon (MATIC) are two popular cryptocurrencies. They used to give investors satisfying returns, but now, they are having difficulty achieving that expected profit. Thus, investors are looking for other options, and that’s when Flasko comes in, a new initiative that has been making a noise in the crypto world.
Polygon (MATIC) Continues To Decline
Polygon (MATIC) introduced a significant blockchain-based development on a layer-2 network. Polygon (MATIC) was supported to improve the overall performance within Ethereum decentralized apps. There were more than 3,000 different applications associated with Polygon (MATIC) as well.
Polygon (MATIC) is used to show some success. However, the bear market hit hard on Polygon (MATIC), and now it is struggling to make successful returns. For some Polygon (MATIC) investors, investing in an alternative cryptocurrency such as Flasko would be the best decision.
Binance Coin (BNB) Shows No Growth
Binance Coin (BNB) is the native cryptocurrency of the Binance exchange. Binance is a well-known and stable brand. As a result, investors didn’t have second thoughts when they invested in Binance Coin (BNB).
However, Binance Coin (BNB) did not get a lot of positive attention in the recent past. Binance Coin (BNB) seems to be stuck in raising its value. The bear market could be the main reason for it. Binance Coin (BNB) investors are now looking for new investments that could offer them the returns they want.
Anyone Can Invest In Flasko (FLSK)
Despite the recent effects of the bear market, cryptocurrency investors are still hopeful. And Flasko, as a new initiate, has been the most talked about the crypto project in the community.
With Flasko, users will be allowed to take part in the lucrative wine and spirits industry by investing in NFTs backed with rare whiskey, premium champagne, and fine wines. Users can purchase full or fractionalized NFTs. Those who will buy the full NFTs will have the option to have them delivered to their preferred location.
Flasko is available for $0.065. The presale is still ongoing, and experts predicted the value to increase massively in 2023.
If you want to invest in a secure and promising investment, we recommend checking out Flasko.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
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Binance Coin (BNB) Dips Alongside Ethereum (ETH) While Flasko (FLSK) Surges High
Many investors and cryptocurrency enthusiasts have considerable investments in Binance Coin (BNB), and Ethereum (ETH) have witnessed a decline in their portfolios. This is following the fall of significant cryptocurrency assets this winter. Even with Ethereum (ETH) protocol changes, like the merger with Beacon Chain and Binance Coin (BNB) stability, the prices are still dipping.
Despite the downturn in the market and the possibility of these coins regaining their value, there might not be many expected gains. Instead, a look at rising coins like Flasko, having real-life assets and utility, might be the best option for investors to recoup their losses.
Binance Coin (BNB) Price Dips Amidst Smart Chain Exploit
Binance Coin (BNB) is Binance’s native cryptocurrency. It is used for all transactions on the Binance Smart Chain. At its peak, Binance Coin (BNB) hit an all-time high (ATH) of $690. However, Binance Coin (BNB) saw one of its most enormous losses as a top 5 coin following a hack that saw the coin dropping to around $279.
This resulted in a pause of the Binance Smart Chain, followed by swift actions to contain the exploit. However, Binance Coin (BNB) has since shown signs of recoupment after the hack, with Binance Coin (BNB) trading at $281 at the time of writing. As a result, investors can expect better days as the market stabilizes.
Ethereum (ETH) Prices Continue On A Downtrend
Concerning market capitalization, Ethereum (ETH) remains the second-largest cryptocurrency asset for investors. This is because Ethereum (ETH) has a lot of use cases and innovations, like its usage in smart contracts, which made things easier for investors performing transactions in the decentralized finance industry (Defi), Dapps, or decentralized apps.
However, Ethereum (ETH) has declined by 1.21% in the past 24 hours and is currently trading at $1,325. Overall, Ethereum’s (ETH) market dominance showed a downward bias, as seen in an 18.71% decrease in the last 30 days and a 21.60% decrease over the previous 90 days, as gathered from Binance.
Flasko (FLSK) Investment Set To Achieve Massive Price Surge
With Flasko’s recent presale price, it has already set itself as a significant contender in the crypto industry with people who believe in its potential.
Flasko will be building a cryptocurrency protocol which is the first asset that combines crypto and real-world assets in the form of luxury and rare spirits, champagne, whiskeys, and wines. With this, investors have the opportunity of investing in an asset that increases in value.
The uniqueness of Flasko sets it apart from others, and since the liquidity will be locked for 33 years and it passed an audit with Solid Proof, it shows its legitimacy and profitability in the short term.
Currently, Flasko presale is priced at $0.05 and with a good prospect. Flasko’s potential price surge makes it an alternative investment that can generate profit larger than what Binance Coin (BNB) and Ethereum (ETH) can provide in the short term.
It is not too late to get in on the presale event. We recommend checking out Flasko now.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.