Meme Coins Big Eyes and Shiba Inu Rebound, But Avorak AI Could 100x Your Portfolio In 2023
Meme coins have been all the rage in the crypto world in recent months. With the likes of Dogecoin and Big Eyes making headlines, many investors are now paying attention to these “joke” coins in hopes of striking it rich. But are meme coins really worth the investment?
On the one hand, meme coins have a certain appeal to them. They often have catchy names, amusing logos, and a strong community of passionate supporters about the coin’s success. This can create a sense of hype around the project, which can drive the price.
Big Eyes and Shiba Inu News
Two of the most popular meme coins right now are Big Eyes and Shiba Inu. Big Eyes, a pastel-coloured cat, is popular for its cuteness. The coin ever since has extended its ongoing presale.
On the other hand, Shiba Inu has been around for a bit longer. The coin was created as a joke based on the famous dog breed from japan and has since gained a significant following.
In fact, it is the 2nd largest meme coin after Dogecoin and one of the biggest cryptocurrencies on the market. However, Shiba Inu is going beyond its meme coin status and developing its own ecosystem called Shibarium, featuring its own swap and utility token BONE.
Avorak AI – Presale with 100X Potential
While meme coins may be getting all the attention right now, other crypto space projects are worth considering. One of these is Avorak AI, a decentralized artificial intelligence platform that rides the new wave of trending AI cryptocurrencies.
Avorak AI is currently in its ICO phase, with a very low total supply of 40 million AVRK tokens. Furthermore, the team behind the project has a strong background in AI engineering, machine learning, and blockchain.
One of the most exciting things about Avorak AI is its growth potential. The team has set a goal of reaching a market cap of $1 billion within the next two years. If they are successful, this could mean a massive return for early investors.
According to the project’s founders, the ICO and development of the powerful AI-based chatbots, image creation tools, and trading bots is on time and will be available exclusively to early investors soon.
Final Thoughts
Meme coins like Big Eyes and Shiba Inu may be getting all the attention right now, but investors looking elsewhere, especially with ICOs that seem to go on forever. Besides that, meme coins can be highly volatile, and their value is often based on hype and speculation.
For investors who are looking for a more stable and reliable investment, projects like Avorak AI may be worth considering.
Learn more here:
Website: https://avorak.ai
Whitepaper: https://avorak-labs-and-technology.gitbook.io/avorak-a.i-technical-whitepaper/
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Youtuber Bitboy Crypto Shares Insights on AI Coins – Here Are The Top Watch Al Altcoins
In a recent video, Bitboy Crypto shared his insights on AI coins, which he rated as a niche with a lot of potential. However, he also noted that there aren’t many top projects in this niche, giving it an overall rating of five out of ten. Nevertheless, Bitboy gave a ten out of ten rating to Singularity, Fetch.ai, and a few other top projects.
Bitboy also advised investors to focus on newer projects in this niche, as some of the older ones have already had their run. He recommended Singularity DAO as a project to watch out for, citing its strong relationship with SingularityNET, a decentralized AI network. Singularity DAO aims to empower developers and researchers to build AI applications that are transparent, decentralized, and accessible to everyone.
The Future of AI in Crypto
AI is becoming an increasingly important technology in the cryptocurrency space. As more blockchain-based AI projects enter the market, investors are paying close attention to their potential. AI can help to automate tasks, improve security, and analyze data, among other things.
One of the projects that are leading the way in this space is Fetch.ai, a platform that combines different blockchains into one network. Fetch.ai’s CEO recently shared insights on the company’s 2023 roadmap and micro agent launch. The micro agent launch is expected to bring new use cases for the Fetch.ai network, including in the areas of decentralized finance (DeFi) and non-fungible tokens (NFTs).
The potential of AI in crypto is not limited to these projects alone. Many other projects are also working on integrating AI into their networks. For example, Ocean Protocol aims to create a decentralized marketplace for data, powered by AI and blockchain.
Numeraire is building a hedge fund that uses AI to make investment decisions. And Iexec RLC is creating a decentralized cloud computing network that uses AI to optimize resource allocation.
The Rise of Meme Coins
The internet is booming with meme-related content, and now these memes have taken the form of cryptocurrency. Shiba Inu (SHIB) and DigiToads (TOADS) have emerged as top-performing meme coins, introducing a new dynamic to the crypto universe and featuring memes as part of their design. Let’s examine the rise of these two coins and look at their characteristics.
What Is Shiba Inu (SHIB)?
The SHIB coin is an ERC-20 token that aims to return power to the average individual and establish an accessible, entertaining, and community-governed ecosystem. ShibaSwap is Shiba Inu’s DEX, allowing users to stake their coins for BONES.
Using its metaverse and burn portal, Shiba Inu gives the SHIB token a deflationary characteristic by reducing the total supply from one quadrillion. LEASH is also a part of the Shiba Inu ecosystem. First issued as a rebase token pegged to Dogecoin’s price, LEASH has a total supply of only 107,648 coins.
The quantity of a rebase token can be increased or decreased to change the token’s price without impacting the value of anyone’s holdings of the token. The rebase feature was eventually disabled permanently, and the token reverted to its original ERC20 form. To sum up, Shiba Inu is a fun and valuable meme coin with a robust community and a lot of supporters. The project’s vast supply is the only obstacle to its price growth.
Consequently, the developers may need to burn additional coins to make SHIB more deflationary than it currently is and aid in a price increase.
How does DigiToads (TOADS) work?
DigiToads is an ERC20 token that uniquely blends the characteristics of a meme coin with a play-to-earn environment. Players can earn TOADS by accomplishing in-game missions and participating in the community.
The Platinum Toad competition adds another level of excitement to be part of the DigiToads community. By allowing users to compete for these rare, limited-edition NFTs, winners obtain access to 1/12 of the treasury to trade and receive a percentage of the earnings.
Yet the hyper-deflationary aspect of DigiToads is what really sets it distinct. DigiToads, unlike most meme currencies, has a fixed number of 585 million TOADS tokens. An additional in-built burn mechanism is planned to lower the supply considerably and ensure the ecosystem’s long-term growth. With a 450% gain predicted during the presale, this means the token’s price might explode.
After the DigiToads presale, the team will give out a single lump sum of $50,000 to a lucky TOADS token holder. Not only that, but Coinsult has already audited the primary smart contract code.
Overall, the forecast for DigiToads is optimistic, so let’s see how the market plays out.
Final Takeaway
The incredible success of SHIB and TOADS is a testament to the power of meme coin culture and its ability to move markets and drive adoption. While their future remains uncertain, their current popularity is undeniable, and they continue to attract millions of crypto enthusiasts worldwide.
Visit The Website: https://digitoads.me/cpd
Presale Registration: https://digitoads.me/buycpd
Join The Community: Linktr.ee/digitoads
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New Sweeps Cash Casino with Crypto & Bitcoin Coins
Stake.us is a popular crypto sweepstakes online casino. By creating an account, you can enjoy instant access to a range of free-to-play games, including Stake Originals. You will also be able to take advantage of the regular promos and bonuses on offer.
In this article, you’ll discover everything you need to know about the best new sweepstakes casinos – from finding the best promotions available for new and existing customers to set up your account at your chosen provider. Best of all, you can also claim an exclusive 5% Rakeback bonus at Stake.us when you use the exclusive code MIKBONUS.
Pros
- Lucrative welcome bonus
- Brilliant selection of games
- Mobile-optimized website
- Great customer support
| Website | https://stake.us |
| Address | 28 Oktovriou, 313 Omrania BLD, Limassol, CY-3105, Cyprus |
| Welcome Bonus | Free Gold Coins & Stake Cash, plus 5% Rakeback with promo code: MIKBONUS |
Offer at the Best Crypto Sweepstakes Online Casino Stake.us
Stake.us offers a great welcome bonus of Gold Coins and Stake Cash for joining the platform. Once you have created an account, you will have instant access to all the games on the site to use your Gold Coins.
In addition to this, our exclusive 5% Rakeback deal will also get you off to a great start. Simply enter the code MIKBONUS to claim back the house edge on all losses, regardless of whether you win or lose the game.
Here is a brief overview of how it works:
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Stake.us Free Spins
Whether you are new to playing at crypto sweepstakes online casinos or experienced, you will understand the excitement of being rewarded with free spins. As a play-for-fun social casino, Stake.us provides unlimited access to free slots, free table games, and free live dealer tables. The full range of games on offer, including Stake Originals, can be enjoyed without costing you a single cent. At Stake.us, every spin you make is a free spin.
The gaming experience at Stake.us truly is like being given something for nothing, because there is no purchase or deposit necessary to keep playing. In fact, not only can you play for free, but you will also be given access to great bonuses and promotions along the way to enhance your experience even more.
Stake.us offer a great welcome bonus for new players. Upon signing up, you will be given some free Gold Coins and Stake Cash, to help get you started with their extensive gaming library. We also have an exclusive 5% Rakeback bonus, which will give you back a percentage of the house edge on all games played, regardless of whether you win or lose.
To claim your 5% Rakeback offer alongside your welcome bonus, enter the promo code during the registration process when prompted.
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Stake.us is well known for hosting a great range of promotions every week that are designed to enhance your experience on the site. Here is a look at some of the promotions that Stake.us are running at the moment.
25,000 Stake Cash Giveaway
Every week you will have the chance to enter a competition to share 250 million Gold Coins, plus 250,000 Stake Cash.
How to Enter:
Play with 1,000 Stake Cash to claim one ticket into this competition. You can enter as many times as you wish for a bigger chance of winning a share of the prize. The winners are announced during a live stream, where 5 players will share the prize of 25,000 Stake Cash and 250 million Gold Coins.
Multiplier Drops
Another great weekly competition on Stake.us is the Multiplier Drops promo. Lucky players will be in with a chance to win 100 Stake Cash.
How to Enter:
There is 5,000 Stake Cash in total up for grabs which is split between 50 players. For a chance to win, you need to hit a 100x multiplier or better on one of the four slot games listed below. Once you do this, you will be entered automatically into the draw.
Eligible slot games:
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- PIZZA! PIZZA! PIZZA!
Daily Races
Stake.us hosts a daily competition to be in with a chance of winning a share of 5,000 Stake Cash every day.
How to Enter:
Join the 5,000 Stake Cash race by simply playing games. For every game that you play, you will climb up the Daily Race Leaderboard. If you are placed within the top 100, you will be eligible for prizes that are based on your position.
You are automatically entered into the race and placed on the leaderboard as you start playing games. There is no purchase necessary and you can play for free.
Slot Battle
Battle it out in Slot Battle to win a share of 5,000 Stake Cash every week, split between 50 players.
How to Enter:
Choose a side and battle against other players to win the Slot Battle. To win, you need to hit the highest multiplier in the winning games.
The prizes up for grabs are:
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Daily Reload Bonus
The Daily Reload Bonus is one of the easiest ways to claim extra Gold Coins.
How to Enter:
Simply log in to your account every day and claim Gold Coins. Log in to your account once a day, every day, and Gold Coins will be added to your credit automatically.
Social Media Giveaways
Stake.us hosts regular competitions across its social media channels.
How to Enter:
Keep an eye on Stake.us social media channels to find regular giveaways to enter. You can find these on Facebook, Twitter, and Instagram. You may also find giveaways that offer Stake Cash too.
How to Claim the Stake.us Free Bonus Codes
Stake.us makes it easy to claim all of its bonuses and promotions. This is the same with our exclusive 5% Rakeback offer too. To make the process even simpler, follow our step-by-step guide on claiming your bonus code.
Bonus Code
Make a note of our promo code MIKBONUS, so you have this at hand to enter when prompted on the site.
Visit Stake.us
Head to Stake.us so you can create an account. Click on the blue ‘Register’ button to start the registration process.
Create an Account
Choose whether you wish to create your account using your email address or social media channels. You can connect your Stake.us account with Facebook, Google, or Twitch.
Follow the on-screen instructions to complete the registration form. You will need to provide details such as your full name, address, and date of birth. You may also be asked to give a copy of your ID to verify your identity.
Enter the Promo Code
During the registration code, you will be asked to enter the promo code to claim your bonus. After doing this, your 5% Rakeback offer will be added to your account.
Start Playing
Now that you have created your account and claimed your exclusive promo code, you can start playing games on Stake.us. Your welcome bonus of Gold Coins and Stake Cash will also be waiting for you, so you can get started straight away.
With the Rakeback bonus, you will be eligible to claim a percentage of the house edge on all games played, whether you win or lose.
Is Stake.us Legal in the US?
As online gambling laws differ according to the state you live in, it may not be clear whether you can legally play or not. Luckily, as Stake.us is a social casino, it means that regular casino laws do not apply.
Because you will not be playing at Stake.us with real money, it is legally not considered to be gambling. For this reason, it is legal to play in the US. However, there are some states that Stake.us is not legal in, which are as follows:
- Washington
- New York
- Idaho
- Nevada
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Does Stake.us Pay Real Money?
Stake.us is a social and sweepstakes casino, which means that real money is not used to play. As it is a free-to-play casino, there is no purchase necessary and you cannot win real money payouts.
Instead, Stake.us uses virtual currency to pay you your winnings. The virtual currencies used are Gold Coins and Stake Cash, which have different rules applied. While Gold Coins can be used to play games, Stake Cash can be redeemed for a range of prizes such as merchandise, cryptocurrency, and gift cards.
How to Win Money on Stake.us
The best part of playing games at Stake.us is that you never really feel like you are losing. This is because you can enjoy playing games for free by using virtual coins. Simply, the more games you play and promotions that you claim, the more coins your account will be topped up with.
One of the virtual currencies at Stake.us can be used to redeem real-world value prizes. These prizes include merchandise, cryptocurrency, and gift cards.
Crypto Sweepstakes Online Casino: Stake.us Payment Methods
At Stake.us, as it is a social casino, there is no purchase or deposit necessary to play games. The platform uses two types of virtual coins to keep your balance topped up. However, you do have the option to make a deposit to purchase extra coins. In addition to this, you can also redeem your Stake Cash for cryptocurrency.
With this in mind, it is important to know what your payment options are, should you ever wish to purchase extra Gold Coins or redeem Stake Cash. Stake.us only supports cryptocurrency payment methods, making it a great crypto sweepstakes online casino. Keep reading to find out what types Stake.us accept and any fees associated.
| Cryptocurrency | Transaction Fees | Transfer Time |
| Bitcoin | Free | Instant |
| Bitcoin Cash | Free | Instant |
| Litecoin | Free | Instant |
| Tether | Free | Instant |
| Ethereum | Free | Instant |
| Ripple | Free | Instant |
| Dodgecoin | Free | Instant |
| Tron | Free | Instant |
Games at Stake.us
Stake.us have an extensive gaming library, including popular table games and Stake Originals that can not be played at any other casino site. Check out our list below for examples of the titles you will find at Stake.us.
Stake Originals
Stake.us have a great range of Stake Originals available to play. As the name suggests, Stake Originals have been developed by its in-house team. For this reason, these types of games are exclusive to the Stake.us platform and are a big attraction to the site.
Here are some titles that you will discover while playing at Stake.us:
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- Dice
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Slots
Stake.us have hundreds of slot titles available to play for free on the platform. Developed by leading names in the industry, such as Pragmatic Play and Hacksaw Gaming, you are guaranteed top-quality slots.
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Live Dealer & Table Games
Stake.us have a great range of table games and live dealer versions to keep all kinds of players entertained. You can expect to find popular titles, including the favorites you would expect to see.
Keep reading to see a small selection of table games you will find, powered by software providers like Pragmatic Play.
- Blackjack
- Roulette
- Baccarat
- Hilo
- Video Poker
As we mentioned above, Stake.us offer live dealer options for a few table games on the platform. Experience the atmosphere of a real casino with games such as:
- Live Blackjack
- Live Roulette
- Live Baccarat
Does Stake.us Have an App?
While Stake.us does not offer a dedicated mobile app, the user experience is great across all types of devices. Stake.us has optimized its website for smaller screens, including tablets and smartphones. Whether you are playing on desktop or a mobile, you can access the same top-quality games with full functionality.
As there is no app to download, you can access the site by using your mobile web browser. If you will be using Stake.us regularly, you can create a shortcut on your device to access your account with ease every time.
Stake.us Customer Support
Stake.us provides a great level of customer support around the clock. When you hit an issue, you should try the FAQ section initially. The FAQ area of the site caters for a range of common questions.
If you cannot find the answer you need, you have a few other options to try. Stake.us offer a live chat service on the website, for anyone who needs one-to-one support or guidance. To speak with someone over live chat, simply click on the ‘headphone’ icon on the site. Additionally, you can also contact the team via email at [email protected]
Website Design
The Stake.us user interface offers a sleek and professional platform to greet its players. The dark blue theme is complemented well with white text and icons for ease of readability. The site’s navigation could not be simpler, with everything laid out perfectly. You will find all the main options you expect to see in a vertical menu down the left-hand side of the homepage, including live chat support, rewards, and games.
Who Owns Stake.us?
Stake.us is owned and operated by a company called Sweepsteaks Limited. Sweepsteaks Limited is based in Cyprus with a headquarters in Limassol. For more information, visit the footer of the Stake.us website.
How to Delete Stake.us Account
If you would like to delete your Stake.us account, you have a few options to choose from. You can select a break from the site for up to 3 months, which can be done from the ‘Responsible Play’ section on the website.
You can also choose the self-exclusion option in your account settings, which will allow you to exclude yourself from the site for up to 5 years. Alternatively, you can permanently close your account by speaking with customer support. It is important to note that by deleting your account, you will lose your Gold Coin and Stake Cash balance and this cannot be undone.
Conclusion – New Sweeps Cash Casino with Crypto Coins
As we come to the end of the article, it is clear to see why Stake.us is such a popular site for players who prefer using cryptocurrency. Stake.us accepts an excellent range of crypto. If you are searching for a new sweeps cash casino with Bitcoin coins to play, then look no further.
Stake.us offer a fantastic range of play-for-fun games, created by leading software providers, including exclusive games. What’s more, you can also take advantage of regular and lucrative bonuses and promotions.
FAQ
No, you cannot claim our exclusive 5% Rakeback bonus without a promo code. To make the most of our offer, you should make a note of MIKBONUS and apply it during your registration process.
Yes, Bitcoin is one of the cryptocurrencies that Stake.us accepts. You can use Bitcoin to deposit or withdraw on the site.
Yes, you can delete your Stake.us account in no time. You have some options available to you, should you prefer to just take some time away from the site.
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SEC Cracks Down on Robinhood Crypto! Could Your Favorite Coins Be Delisted?
The United States Securities and Exchange Commission (SEC) has issued a subpoena to the American trading platform Robinhood over its crypto listings. The recent development was brought to public light by Robinhood through its latest 10-K filing with the SEC.
Subpoena and Delisting Concerns
The SEC’s subpoena requests information about Robinhood’s custody measures and operations related to the assets it currently lists. Robinhood revealed that the investigative subpoena, which could damage its brand, was served to them following the bankruptcies that rocked the crypto scene last year. The platform noted that it could be forced to delist cryptocurrencies regarded as securities by the SEC or a court.
If that happens, Robinhood users might see some of their favorite coins, such as Ethereum (ETH), Shiba Inu (SHIB), and Dogecoin (DOGE), disappear from the platform. Much like Coinbase, Robinhood does not provide support for XRP due to the legal situation surrounding the asset.
SEC Chair’s Opinion
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, explained why he believes all crypto tokens other than bitcoin are securities in an interview published Thursday by New York Magazine’s Intelligencer.
Gensler believes that the securities watchdog has all of the legal tools needed to oversee the crypto sector, adding that pretty much every sort of crypto transaction already falls under the SEC’s jurisdiction except spot transactions in bitcoin itself and the actual purchase or sale of goods or services with cryptocurrencies.
Gensler’s comments suggest that the SEC has its eyes on the entire crypto industry and could be targeting more platforms beyond Robinhood. According to Gensler, the SEC has the legal authority to regulate any token deemed security, which he believes includes almost every token other than bitcoin.
Mixed Reactions to Social Media
Following Gensler’s claim that all crypto tokens other than BTC are securities, a number of people took to social media to disagree with the SEC chief.
Lawyer Jake Chervinsky tweeted that “Chair Gensler may have prejudged that every digital asset aside from bitcoin is a security, but his opinion is not the law. The SEC lacks the authority to regulate any of them until and unless it proves its case in court. For each asset, every single one, individually, one at a time.”
Logan Bolinger, another lawyer, similarly said on Twitter: “In this country, judges — not SEC chairs — ultimately determine what the law means and how it applies. That doesn’t mean his thoughts are irrelevant. They’re just not dispositive.”
Robinhood’s Response
Robinhood has yet to comment on the SEC’s subpoena publicly. The company recently announced that it is planning to file for an initial public offering (IPO), which could be worth up to $40 billion. However, the subpoena could have an impact on Robinhood’s IPO valuation if it leads to a long and protracted legal battle with the SEC.
Will Meme Coins Make A Comeback Soon? These Meme Coins Are Showing Signs Of A Potential Bullish Rally
This week, the cryptocurrency market has experienced a tumultuous price trend due to panic surrounding the FOMC meeting and the SEC’s ongoing regulatory actions, resulting in significant volatility within the industry. However, investors are now turning to meme coins as a means of securing stable profits, given Bitcoin’s lack of a noticeable uptrend.
These Meme Coins Are Poised For A Massive Surge!
As continuous interest rate hikes by the Fed have resulted in a significant decrease in cryptocurrency investors’ portfolios, concerns are on the rise. However, investors are now gravitating toward meme coins due to their perceived resistance to macroeconomic conditions, as it has resulted in a stable price momentum for meme coins, even during Bitcoin’s downturns.
Floki Inu Price Analysis
According to data from CoinMarketCap, the meme-inspired cryptocurrency Floki Inu, which has been hailed as Dogecoin’s rival, experienced an unexpected price surge of over 20% in the last two days. Floki Inu’s transparent roadmap and recent tie-up with Amino rewards have caught buyers’ attention in investing in the meme coin.
As of writing, Floki Inu trades at $0.00005, with a gain of 4.5% in the last 24 hours. Despite a solid bull run of over 30%, the meme coin is experiencing a minor setback. However, the price is set to rule as it may form support near the 31.8% Fib level at $0.000044 before preparing for a skyrocketing price trend. As the RSI is still in a bullish region, a breakout above the $0.000061 level may push the meme token to its second target of $0.00007.
Shiba Inu Price Analysis
Shiba Inu is waiting for a heavy pump ahead as it has again surged from its 23.6% Fib level. As of writing, SHIB’s price trades at $0.000013 with an uptrend of 3.27%.
According to a prominent crypto analyst, MMBtrader, SHIB’s price is ready for a huge surge above the resistance of $0.000017. If Shiba Inu follows its Elliott wave path, it may soon head toward its crucial resistance of $0.00002.
Dogecoin Price Analysis
Dogecoin’s price has been stagnant over the past few days, indicating caution from both bullish and bearish investors who are refraining from making significant bets. Furthermore, the DOGE price has become range-bound near a bearish consolidation level at EMA-100, leaving meme investors in a trap.
As of writing, DOGE price trades at $0.084, with a decline of nearly 1% in the last 24 hours. The RSI is hovering near the midpoint, favoring both bears and bulls. However, the meme token has formed a symmetrical triangle pattern, and a breakout above $0.093 may send DOGE price to $0.14.
Floki Inu Outperforms Top Meme coins with 430% Price Spike
The cryptocurrency market is seeing a broad recovery, with Bitcoin and Ethereum prices zooming by 11% and 8%, respectively, over the past 24 hours. However, the real star of the show is Floki Inu (FLOKI), which has outperformed other meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE), as well as nearly the entire crypto market, with a 430% price spike over the past 30 days.
Floki Is On The Rise
According to reports, Floki Inu has become the most traded asset on the top Dutch exchange Litebit, with 46.9% of all the volume. Meanwhile, SHIB and DOGE have managed to jump by 6% and 3%, respectively, over the past 24 hours. The cumulative meme coin cap is up by 5.25% to stand at $21.2 billion.
Interest in FLOKI is on the rise, with its trading volume up by $200 million. While a good portion of that is coming from DEXs, traders’ interest in the dog-themed meme coin has surged on the BNB chain. Floki Inu has over 365K holders on the BNB chain, while there are around 66.9K on the Ethereum network. This is primarily due to low gas fees and scalability.
Last month, Floki DAO, a decentralized autonomous organization that takes collective decisions about the token, voted to burn almost 5 trillion FLOKI tokens, at the time worth $100 million.
This decision had no impact on the price or supply of FLOKI because the tokens were never part of the circulating supply. Instead, they were locked up in a cross-chain bridge linking Ethereum to BNB Chain. They were seeded there to provide liquidity for transactions between the two blockchains.
The decision to remove the Ethereum-BNB Chain was taken amidst heightened security concerns about cross-chain bridges, which were the targets of huge hacks last year, including the historic Ronin bridge heist, where $622 million was taken from crypto video game project Axie Infinity.
The surge in FLOKI’s price could be due to its popularity as a dog-themed meme coin. However, it’s worth noting that meme coins like FLOKI are highly volatile and should be approached with caution.
Nonetheless, FLOKI’s recent performance shows that it’s possible for meme coins to hold their own in the cryptocurrency market alongside established coins like Bitcoin and Ethereum.
The 3 Most Promising Coins for 2023
The returns investors received from cryptocurrencies in 2022 were lackluster at best. The most prominent cryptocurrency, Bitcoin, declined by about 64% during 2022 (see chart), taking much of the wind out of the asset class. Investing in cryptocurrencies is one of the best ways to invest in new technology. Private companies engaged in a specific area might not allow private investors to take a portion of the equity where you might be able to gain exposure to a particular area of interest via a new cryptocurrency.
While there were plenty of issues, including the blowup of FTX, the cryptocurrency trading platform, several new cryptocurrencies were established in 2022. The focus of cryptocurrencies goes beyond investment in a coin that can be used as a payment mechanism like Bitcoin. The cryptocurrency movement in the blockchain space is moving toward driving engagement. Cryptocurrencies are Non-fungible tokens (NFT) and have even been linked to carbon offsets.
A few themes might be reserved in 2023 that could benefit some of the more prominent cryptocurrencies, such as Bitcoin and Ether. The peak in the U.S. dollar and the move to artificial intelligence could be some factors that led to a trend in Bitcoin and Ether. Ether is also considered a haven currency. Here are the cryptocurrencies that might be the best investment in 2023.
Bitcoin
After dropping 64% in 2022, the price of the largest and most liquid cryptocurrency has rebounded (see chart). One of the reasons Bitcoin might have declined during 2022 is the significant increase in the U.S. dollar. Since Bitcoin is a cryptocurrency, its exchange rate is the rate at which you can exchange bitcoin for another cryptocurrency or fiat currency. Fiat money refers to a currency issued by a government that is not backed by a physical commodity such as gold or silver.
To purchase Bitcoin, you need to sell another currency or engage in cryptocurrency trading, which could include the U.S. dollar. The dollar provides a lot of liquidity and is driven by fundamental factors, including rising U.S. interest rates relative to other interest rates. The Federal Reserve in the United States increased interest rates by 4.25% in 2022, which drove up the dollar’s value relative to other fiat and cryptocurrencies. The Federal Reserve in the United States is expected to decelerate the magnitude of its interest rate hikes, which will turn the interest rate differential in favor of other fiat currencies such as Bitcoin. If the dollar declines, Bitcoin could benefit and provide a rally during 2023.
Ether
Another trend that could occur in 2023 is a flight to quality. While Bitcoin is the most widely known cryptocurrency, Ether, the cryptocurrency used on the Ethereum platform, is also considered a liquid cryptocurrency.
The concept of artificial intelligence will likely continue to progress in 2023 as all eyes focus on ChatBot and the ability of machines to learn more from full sentences. Artificial intelligence will be established on multiple platforms, including Web 3 and Ethereum.
The blockchain portion of Ethereum and the link to smart contracts will provide a new forum for contracts. Ethereum might be able to provide consumers with a legally binding contract through Ethereum that can be created with a ChatBot that understands the meaning of your smart contract.
The rise of artificial intelligence continues to gain traction. Microsoft, one of the world’s largest technology companies, invested $10 billion in ChatGPT, the maker of the product OpenAI.
Ether is also considered a save-haven when it comes to investing in cryptocurrency. Like Bitcoin, the liquidity available allows traders to enter and exit positions seamlessly. Ether will benefit as the cryptocurrency concept consolidates around larger cryptocurrencies and away from very risky cryptocurrency investments.
Several risky products built on the Ether platform as commerce-related cryptocurrency coin operations are risky. In some cases, you need to exchange Ether for these cryptocurrencies, and to unwind these positions; you need to sell those cryptocurrency coins and purchase Ether.
IMPT
The carbon offset market is an old concept that has started to gain traction as cryptocurrency tokens. Carbon offsets or credit is equivalent to a reduction in emissions. It is used to compensate for emissions that occur and is transferable.
For example, a petroleum refiner might be compelled by a government to use a particular volume of non-carbon-producing products to reduce its carbon footprint. The refiner can refine this non-carbon-producing product to reduce the carbon footprint or purchase a carbon offset equivalent to the credit their government mandates. The concept is that offset credits describe the net climate benefit from one entity to another.
IMPT is a cryptocurrency coin that allows you to transfer carbon offset credits. The process is completed over a blockchain platform. According to the website, 36.3 billion tons of annual global carbon emissions and $700 million are the projected voluntary carbon offsets by 2027. More than 10,000 brands have already committed to joining the IMPT project. You can buy or sell or even retire credits through the IMPT project. When you buy an IMPT token with cryptocurrency, you have a choice of either selling it or burning your carbon credit token to compensate for the carbon footprint your operations creates.
Another benefit of IMPT is that it’s a social platform that fits into a green environment. As the move toward electricity and low-carbon products continues to perpetuate, the demand for a blockchain product that will allow you to retire carbon credits will accelerate.
A global theme is to reduce carbon emissions and move toward a greener environment. Electric cars are likely to continue to gain traction. There is an expectation that half the vehicles out on the road in the United States will be electric vehicles by 2030. The increase would be up from 10% today, which reflects accelerating adoption.
The carbon footprint relative to fossil fuels will likely change; instead, there could be a focus on mining. The main component of battery creation is Lithium Oxide. You can put more energy into Lithium than other batteries, such as acid batteries; therefore, this product is the metal of choice for transferring an electric charge. Unfortunately, to retrieve Lithium, you need to mine it. Some countries around the globe have access to Lithium, but the only way to retrieve it currently is to mine it from the ground. The mining activity will have its own set of carbon offsets, and smart contracts and blockchain ledgers that provide this service will likely gain traction.
The Bottom Line
The upshot is that despite a considerable decline in the exchange rate of Bitcoin, new solutions continue driving the demand for cryptocurrency. There are several reasons for some cryptocurrencies to be promising in 2023. The rise of artificial intelligence, in conjunction with the peak in the value of the U.S. dollar, might be a few, as well as the demand for a greener environment.
Engagement and the movements toward NFT purchases that include virtual products could become more promising.
As we discussed, the Federal Reserve in the United States decided to fend off inflation with rapid rate hikes that could cause a recession. The Fed increased interest rates by 4.25% in one year, which has made loans on houses, cars, and companies more expensive. With the Fed likely to reduce the acceleration in interest rate hikes, the dollar could peak. A weaker dollar could help buoy Bitcoin and continue the rally that started in 2023.
Ether is the currency used on Ethereum, which could gain from more smart contracts that AI drives. Additionally, Ether is used as a haven cryptocurrency. Many new coins created using the Ethereum platform might consolidate and eventually sell off and be converted back to Ether which is needed to buy these tokens in the first place.
Lastly, carbon credit offsets continue to be very popular. The volunteer effort to create a green environment is growing along with the non-voluntary portion of carbon offsets. A blockchain mechanism to keep track of carbon offsets continues to gain momentum.
| Disclaimer: This is a guest 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. |
Meme Coins Toon Finance Coin, Big Eyes Coin Outperforms Ripple
Ripple suffers as Toon Finance outperforms
Despite having a much lower market cap, the meme coin Toon Finance Token TFT has outperformed Ripple XRP in 2022. This is due to several factors such as the low circulating supply of TFT, its use of Binance Smart Chain (BSC), and the viral status that memes have acquired on social media worldwide.
With this platform, users are able to do multiple things that XRP simply cannot match. Trading, Bridging and P2E are just a few things that Toon Finance offers that made it outperform XRP that have been struggling since 2018.
Meme coin Toon Finance Token was created to blast centralized financial institutions but outperforms XRP nonetheless
The team behind this project is also highly experienced and knowledgeable in the world of cryptocurrency. Toon finance team members are high ranking members of finance and crypto and have been tired of seeing the same problems with centralization over and over again causing instability in the whole market all the time.
With their years of experience, they are able to bring more value to users than XRP can offer as XRP is too focused on a single goal while also unable to fight against centralization and instead being dependent on it.
Since cryptocurrency is decentralized by nature, the TFT team is willing to create a blockchain that removes all constraints of centralization and gives users the power they deserve. The token’s low supply and high demand has contributed to its popularity, with a market cap of only 1 billion compared to Ripple’s 39 billion.
This shows that even a meme coin can outperform XRP significantly. Toon Finance’s native token TFT has long since practically doubled its price in just a couple of weeks after announcement and even with the recent FTX collapse, it was able to achieve nearly 100% price appreciation which makes XRP’s 2022 performance pale in comparison.
Lawsuit against Ripple Labs
Ripple Labs XRP is currently being sued by the SEC due to it being classified as a security. Thus, investors are hesitant to invest in XRP, especially after this lawsuit news. However, no such fears are applicable to Toon Finance’s token TFT as it is structured and regulated in a way that it cannot be misconstrued as a security unlike XRP which has caused great problems with initial investors who have been waiting for price appreciation since 2014.
All in all, meme coin Toon Finance Token TFT has outperformed Ripple XRP significantly throughout the year 2022 and is likely to continue to remain ahead given its user-friendly platform, experienced team, and low circulating supply. Furthermore, it does not have any legal issues associated with it which will be impossible since it is extremely decentralized which means no one even knows which laws apply to it since no one has jurisdiction.
Toon Finance TFT is immune from lawsuits and regulation
Unlike Ripple Labs who have to bow down to regulation, Toon Finance is immune from lawsuits and regulation. This means that its users don’t have to worry about any legal issues when using it, which makes it even more attractive for investors and traders.
This is one of the main reasons why Toon Finance has been able to out do XRP in 2022 as investors are confident in their platform and know that this is just the start. Just like Ethereum, Toon Finance will also be able to do much more as its development continues in the coming years.
It is expected that by 2022, Toon Finance will have further established itself as a leader in the cryptocurrency world and its native TFT token will continue to rise even further. With no legal issues to worry about, it looks like meme coin Toon Finance Token will be the 1st meme coin that will be taken seriously.
Investing in Toon Finance now is like investing in Pancake Swap before its release
Pancake Swap is a decentralized exchange (DEX) and an automated market maker protocol based on the Binance Smart Chain. It has gained immense popularity over the past few months due to its low fees, high liquidity, and ease of use.
However, before its launch, most people did not even know what it was or how it worked. Similarly, Toon Finance is in a similar position but unlike Pancake Swap, it has learned from others in the industry since it is newer.
There are even talks that Toon Finance was made by the team behind Pancake Swap, so investing in it now is like investing in Pancake Swap before its launch.
The team at Toon Finance has created a unique platform that not only offers a low circulating supply and high demand but also ensures complete decentralization and user control. This makes the TFT token immune to lawsuits and regulations, unlike Ripple XRP whose future is up in the air and has disappointed its investors over the course of 2022.
Compared to XRP, Toon Finance is the better way to make money this 2022 and beyond
XRP had poor performance this 2022 and with the SEC lawsuit against Ripple Labs, it is not expected to recover anytime soon. The uncertainty surrounding XRP’s legal status has made investors hesitant about investing in it.
In contrast, Toon Finance has had a much more successful run this 2022. Thanks to a responsive team, inviting community and decentralized platform, its native TFT token’s price continues to rise. Given its low circulating supply and decentralization, it is also safe from lawsuits and regulation. Consequently, it is one of the best options for investors looking to make money in 2022 and beyond.
But the most important reason why investors love Toon Finance is because multiple analysis has shown that it will continue to outperform multiple tokens like Ethereum, and Bitcoin, so even XRP and tokens like ADA and SOL can’t compare.
The reason is because unlike these tokens, Toon Finance has yet to reach an all time high which makes earning huge sums of money quite possible.
Toon Finance is a platform, Ripple XRP is a service
Toon Finance offers Toon Swap, a decentralized exchange, while Ripple XRP is a service. While Ripple XRP relies on the US government’s regulations to stay afloat and is subject to litigation, Toon Finance operates without any external control or influence.
Moreover, Toon Finance has its own token, TFT, which can be used to facilitate transactions on the network and trade with other coins. While XRP can also be used for trade, it is undeniable that it has likely reached its peak and there’s barely any reason to hold it compared to other tokens.
Exchanging XRP for Tether USDT or BUSD stable coins might be the better option since those are not volatile and can be used to purchase better performing tokens or support better performing projects.
Is it worth holding on to XRP when a meme coin is outperforming it without the help of Elon Musk?
At this point there isn’t much reason to hold on to XRP when it comes to investing in cryptocurrency. The meme coin Toon Finance is outperforming XRP without any help from Elon Musk or other high-profile investors, and its low circulating supply makes its price less volatile than other coins.
The combination of decentralization, user control and the team’s smart moves makes it a great choice for investors looking to start with cryptocurrency.
That being said, there is still hope for XRP in case it wins the lawsuit against it, that would mean that old investors can start selling at a higher price for a while before demand hits rock bottom for XRP.
| 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. |
Bull Market Arrives Early 2023 Watchlist These Coins Toon Finance Flow Quant
These coins see an early 2023 Bull Run
The rise of decentralized finance, or “DeFi,” has been one of the most exciting trends in the crypto space over the past few years. From lending and borrowing platforms to stablecoins and tokenized BTC, the DeFi ecosystem has launched an impressive array of tools and protocols that are reshaping the way we think about financial services.
And with over $13 billion worth of value locked in DeFi protocols today, it’s clear that there’s big money to be made in this space.
Let us take a look at three of the most promising DeFi protocols in the space today: Flow, Quant, and Toon Finance.
We’ll discuss what each protocol does and why they’re so important to the future of DeFi. By the end of this post, you should have a good understanding of how these protocols work and why they’re worth paying attention to.
Flow Bullrun arrives
In the past few years, there has been a growing interest in decentralized applications (DApps). DApps are apps that run on a decentralized network, as opposed to a central server. This means that DApps are more resilient to censorship and downtime, and can offer users a higher degree of security and privacy. However, DApps have typically been limited by their scalability issues. This is where Flow comes in.
Flow is a smart contract platform that enables developers to build scalable applications with ease.
Flow’s unique architecture makes it well-suited for high-performance games and other interactive applications. The Flow team has also built a number of Protocols on top of Flow, including a lending and borrowing platform, a stablecoin (USDG), and a tokenized BTC protocol (tBTC). All of these protocols are designed to make it easy for users to interact with decentralized applications (DApps) built on Flow.
What makes Flow so special is its focus on developer experience. The Flow team has put together an impressive suite of tools and resources that makes it easy for developers of all skill levels to get started building on Flow. In addition, Flow’s Gas Fee Cash Back program incentivizes developers to build popular DApps by reimbursing them for the gas fees associated with user interactions on their DApp. This makes it easier for developers to recoup their investment and continue building innovative DApps on Flow.
As the go-to platform for high-quality DApps, Flow is well positioned to become the key player in the evolving world of decentralized applications.
How Does Flow Work?
Flow’s unique architecture enables developers to build scalable applications with ease. Flow uses shared virtual machine clusters, which means that each shard can process transactions in parallel. This enables Flow to process thousands of transactions per second without sacrificing security or decentralization.
Flow utilizes Proof-of-Stake consensus, which allows users to validate transactions and earn rewards without expending large amounts of energy (as is required by Proof-of-Work consensus mechanisms).
Flow also offers a number of Protocols that are designed to make it easy for users to interact with decentralized applications (DApps) built on Flow. These Protocols include a lending and borrowing platform, a stablecoin (USDG), and a tokenized BTC protocol (tBTC). All of these protocols are designed to make it easy for users to interact with DApps built on Flow.
The Lending and Borrowing Platform enables users to earn interest on their excess digital assets, as well as borrow assets when they need them. The USDG stablecoin allows users to hold value without having to worry about volatility, while the tBTC protocol makes it easy for users to transact using Bitcoin on the Flow blockchain.
In addition, the Gas Fee Cash Back program incentivizes developers to build popular DApps by reimbursing them for the gas fees associated with user interactions on their DApp. This makes it easier for developers to cover their investment and continue building innovative dApps on flow. As such, Flow is well positioned to become the key player in the world of decentralized applications.
Flow is the leading platform for high-quality decentralized applications (DApps). Its focus on developer experience makes it easy for developers of all skill levels to get started building on the platform. In addition, its Gas Fee Cash Back program incentivizes developers to build popular DApps by reimbursing them for the gas fees associated with user interactions on their DApp.
As the go-to platform for high-quality DApps, Flow is well positioned to become the key player in the evolving world of decentralized applications.
Quant Crypto investors should see an early Christmas Bullrun
Quant is a decentralized asset management platform that enables users to pool their assets together and trade them as a single token. This lets users get exposure to a wide variety of assets without having to worry about managing them individually. In addition, Quant’s built-in liquidity providers help keep spreads tight, making it easy for users to buy and sell their tokens at fair prices.
What makes Quant so innovative is its use of synthetic assets. Synthetic assets are digital assets that are backed by real-world assets such as fiat currencies or commodities. This allows users to get exposure to Asset classes that would otherwise be inaccessible to them.
For example, Quant recently launched a synthetic asset that tracks the price of gold. This is big because it means that anyone with an internet connection can now trade gold without actually owning any physical gold.
This is just one example of how Quant is changing the game when it comes to asset management. If you’re looking for a platform that will give you exposure to a wide range of assets with low fees and high liquidity, then Quant is definitely worth checking out.
How does Quant work?
Quant works by pooling together users’ assets and trading them as a single token. This token is called a QNT Token. QNT Tokens are ERC20 tokens that are stored on the Ethereum blockchain. each QNT Token represents a portion of the total value of all the assets in the pool.
For example, let’s say there are 10 people in a pool and each person has $100 worth of ETH. The total value of the pool would be $1000 and each person would own 1 QNT Token. If the value of ETH goes up 10%, then the value of the pool will go up 10% and each person’s QNT Token will be worth $110.
In order to ensure that QNT Tokens always have tight spreads, Quant has built-in liquidity providers that are constantly buying and selling QNT Tokens on exchanges. This guarantees that users will always be able to buy or sell their tokens at fair prices.
If you’re looking for a platform that will give you exposure to a wide range of assets with low fees and high liquidity, then Quant is definitely worth checking out. With its use of synthetic assets, Quant gives users access to asset classes that would otherwise be inaccessible to them. So, if you’re looking for an investment platform that offers something different from the rest, then be sure to check out what Quant has to offer!
Why Toon Finance is already the leading DEX swap 2023
Toon Finance is a new and exciting project that has just concluded their Stage 1 ICO presale and are on their way to finish Stage 2. The project consists of a great community backed by a great team of developers that have an accumulation of half a century of experience in WEB3 and Finance.
They plan on taking on WEB3 with their focus in making a TRULY decentralized protocol that has yet to be made in this space. They are also offering an airdrop of their NFT to all that will participate in their ICO when the token launches which is targeted to be done by Q1 2023. Let’s take a closer look at what Toon Finance has to offer.
The Toonie Vision
Toon Finance’s mission is “to provide users with access to the best possible financial products and services through the power of decentralization, transparency, and collaboration.” Their vision is “to build a decentralized ecosystem of financial products and services that works for everyone, not just the privileged few.”
What Sets Toon Finance Apart?
Toon Finance plans on being the first TRULY decentralized protocol in the WEB3 space. They want to provide users with access to the best possible financial products and services through decentralization, transparency, and collaboration. In addition, they are offering an airdrop of their NFT to all that participate in their ICO when the token launches.
The Team behind Toon Finance
The team behind Toon Finance consists of experienced individuals with over half a century of experience in WEB3 and finance.
They have been in the industry long enough to see that the space needs to change, and they have the correct mindset, passion and experience to do just that. They want to remain anonymous just like how Uniswap still does to this day. But rest assured that they put their money where their mouth is!
Toon Finance is an ambitious project with the goal of becoming the first TRULY decentralized protocol in the WEB3 space.
If they are able to accomplish their goals, then Toon Finance could very well become the go-to protocol for those looking for financial products and services in the WEB3 space. Keep an eye out for them!
Toon Finance marketing team
Toon Finance is making some big moves with their marketing team. As one of the best in WEB3, Toon Finance has launched a huge billboard campaign across the United States.
This move will likely put Toon Finance on the map and make people everywhere aware of its mission. With this new campaign, more people can learn about what differentiates Toon Finance from similar companies, as well as why it’s seen as an up and coming player in the finance space.
They are actively taking steps to raise awareness of their product, which could potentially result in increased usage and increased adoption of Toon Finance over other competitors in the industry. It will be interesting to see how this affects sales for Toon Finance moving forward!
Toon Finance Billboard’s flying up all over the United States
If given the chance, it’s better to invest in all of them but if you can only choose 1, choose Toon Finance. Aside from a great project with an awesome community, they also have a lot of things going for them in the future. You can check out their website for a detailed roadmap and whitepaper.
So, there you have it—a brief overview of three lesser-known but potentially lucrative cryptocurrencies. Of course, Bitcoin still reigns supreme in terms of market cap and popularity; however, these three coins show that there’s still plenty of room for growth in the crypto space. As always, do your own research before investing any money!
| Disclaimer: This is a guest 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. |
Bitcoin Vs ALT Coins How Toon Finance Smashes All Of Them Upcoming 2023
Everything Bitcoin
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.
How does Bitcoin work?
Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million.
Who invented Bitcoin?
Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009. Bitcoin has been praised and criticized.
Its advocates note that Bitcoin removes central control and could lead to an efficient and transparent financial system; while critics call Bitcoin’s reliance on cryptography weak, raising questions about how well the system will withstand future quantum computing advances.
ALT Coins like Toon Finance
Other cryptocurrencies have been created as well. Ethereum, for example, is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.
Stable Coins/Cryptocurrency
USDT (tether) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar, BUSD (binance USD) stablecoin is backed by reserves held at Paxos Trust Company and issued by Binance.
Use for Bitcoin and other Cryptocurrencies
As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Bitcoin can also be held as an investment. In November 2020 Bloomberg News reported that major companies such as Square Inc., AT&T Inc., Microsoft Corporation, and PayPal Holdings Inc. expressed interest in Bitcoin mainly due to its potential to become inflation-resistant.
These companies have also been buying up large amounts of Bitcoin. Some Wall Street analysts have compared Bitcoin to gold, stating that Bitcoin could become “the new gold.” Others have called it a “safe haven asset.” Some compare Bitcoin to oil since it is also mined; however, unlike oil, which has utility independent of being an investment asset, Bitcoin’s utility as a payment system might be limited if it cannot be divided into small enough denominations for everyday transactions.
The possibility of Bitcoin becoming more widely accepted as both a utility and an investment asset has led some financial analysts to predict its price could spike if demand increases sharply enough.
The pros and cons of investing in Bitcoin
When it comes to investing in Bitcoin, there are a lot of potential benefits. For one, the cryptocurrency is still in its early stages of development, which means there is a lot of room for growth. Additionally, Bitcoin is not subject to the same regulations as traditional currencies, which makes it more appealing to investors who are looking for an alternative to the traditional financial system.
Decentralized Exchange or DEX
Exchanges are a part of any large financial facility and Bitcoin eventually had to have one. These exchanges are virtual places where people can conduct trade between cryptocurrency pairs that they’d like to exchange.
CEX or central exchanges operate like banks but are not secured. Despite operating like banks, central exchanges do not have the security that banks have. Banks are heavily regulated but this regulation comes with assurances from the government.
CEXs on the other hand are barely regulated entities that take your money and want you to have peace of mind that they will be nice and give it back to you once you ask for it. Obviously this does not always work and people have lost millions of dollars due to central exchanges.
DEXs or decentralized exchanges on the other hand while still having similar vulnerabilities to CEXs when it comes to technological attacks, it is a trustless system since you will not be handing your money over to anyone. Because it is also almost impossible to regulate, DEXs enjoy the room for growth that CEXs do not have.
Toon Swap is a DEX by Toon Finance and it is a good example of a decentralized exchange that is well implemented. It has solid service while also packing a lot of features that allow it to separate itself. Toon Swap is a decentralized exchange much like Uniswap, Biswap, and Pancake Swap.
However, even if you use decentralized exchanges to trade, there are still some risks associated with investing in Bitcoin. For instance, the value of the currency is highly volatile and has been known to fluctuate rapidly.
Additionally, Bitcoin is not backed by any central authority, which could make it less stable than other investments. As a result, individuals considering investing in Bitcoin should weigh both the potential benefits and risks before making a decision.
Why projects like Toon Finance might be something to consider
The Toon protocol is designed to be scalable and efficient, and it uses Proof-of-Stake consensus to secure the network. Toon Finance also has a team of experienced developers who are actively working on the project.
In contrast, Bitcoin is a much larger and more established project, but it has several issues that have not been resolved. For example, Bitcoin’s scalability problem has not been solved, and the network is often slow and congested.
Bitcoin also uses Proof-of-Work consensus, which is less energy-efficient than Proof-of-Stake. As a result, Toon Finance may be a better investment than Bitcoin because it is a smaller project with a more active development team and a more scalable and energy-efficient consensus algorithm.
Around the world, there is a growing interest in cryptocurrencies such as Bitcoin and Etherium. Unlike traditional currencies, which are regulated by governments, cryptocurrencies are decentralized and rely on blockchain technology.
Bitcoin was the first cryptocurrency to be created, and it remains the most well-known. However, Ethereum has also gained a large following due to its earning potential and growth potential. When it was first created in 2015, one Ethereum coin was worth around $2.50. Since then, the value of Ethereum has grown exponentially. As of December 2020, one Ethereum coin is worth around $600.
For many investors, Toon Finance represents a massive earning opportunity. In addition, its continued growth makes it an attractive long-term investment as its price almost doubled just a couple of weeks after it was available for sale.
As the interest in cryptocurrencies continues to grow, it’s likely that the value of Toon Finance Tokens will continue to rise.
All in all, Toon Finance has a lot to offer and is definitely worth considering as an investment. So if you’re thinking of putting your money into cryptocurrency, be sure to check out Toon Finance!
| 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. |
Killer Meme Coins – Toon Finance, DOGE, SHIB And More!
If you’re like most people, you probably think of cryptocurrency as a serious investment. And while that’s certainly one use for it, there’s another side to crypto that’s gaining a lot of traction lately: meme coins.
One such coin which has become the most searched meme coin in the crypto world is Toon Finance Coin.
As of last week, Toon Finance has successfully completed the first stage of its presale, bringing in over $3 million.
While the concept might sound silly, meme coins are actually gaining in popularity, with Toon Finance being one of the most popular meme coins on the market today.
So, what is Toon Finance, and why are meme coins becoming so popular?
Let’s take a closer look.
Meme coins are simply cryptocurrencies that have been created as a joke, inspired by popular internet memes. However, don’t let their humble beginnings fool you; these coins can actually be quite valuable.
In fact, the two most popular meme coins, DOGE and SHIB, are currently worth over $18 billion and $15 billion, respectively.
So, why are meme coins like Toon Finance gaining in popularity?
There are a few reasons.
First, crypto investors are always on the lookout for new and innovative projects, and Toon Finance certainly fits that bill. On coinmarketcap.com and crypto.com, Toon Finance is the most popular and sought-after ICO. Toon Finance Doge and Shiba Inu Coin are now the best meme coins to invest in, and they will come up at the top of any search you conduct.
Second, meme coins are seen as a more fun and approachable way to get into the crypto world. Meme culture is incredibly popular right now, especially among younger generations. Their popularity has been bolstered by a number of high-profile backers, including Elon Musk, Mark Cuban, and Snoop Dogg.
And lastly, The cheap prices and abundant availability of many meme currencies make them attractive to casual investors. Even crypto investors look at meme coins as a way to make money, and investing in meme coins has proven to be a profitable endeavor for many people.
Now that we’ve got a general idea of what meme coins are and why they’re gaining popularity, let’s take a closer look at two of the most successful examples: DOGE and SHIB.
DogeCoin – The OG Meme Coin
Dogecoin began as a joke in 2013, inspired by the Shiba Inu “Doge” meme. Despite its inauspicious start, Dogecoin quickly grew in popularity due to its low transaction fees and fast transaction times.
As of May 2021, Dogecoin has a market capitalization of over $18.7 billion and is currently the eleventh-largest cryptocurrency by market cap.
Dogecoin is a cryptocurrency that operates on a decentralized, peer-to-peer network and is used for online monetary transactions. Dogecoin is based on the Litecoin protocol and employs the Proof of Work (PoW) consensus algorithm to validate transactions and create new coins during mining.
DOGE has shown that a “meme coin” can generate profits for its supporters and investors just like any other cryptocurrency. For example, in May 2015, the price dropped to a record low of $0.0000869. And last year, it reached an all-time high of $0.688.
Why Is Dogecoin So Popular?
Unlike Bitcoin or Ethereum, there is no maximum supply of DOGEcoins.
The key to Dogecoin’s success has been its loyal community, which has helped to promote the coin and make it mainstream. While other meme coins have emerged in recent years, none have been able to match the success of Dogecoin.
In the crypto industry, Musk is without a doubt, the single most influential person due to his repeated ability to move the price of DOGE with simple tweets. He has also publicly stated that DOGE is his preferred cryptocurrency.
Another major cryptocurrency influencer, Snoop Dogg, has been quite public in his support for the DOGE token. Snoop Dogg’s tweet of a Shiba Inu dog meme in February of last year sparked a 55% one-day surge in the DOGE coin’s value.
Shibacoin – Dogecoin Killer
Shibacoin was created in 2020 as an alternative to Dogecoin. Like Dogecoin, Shibacoin was based on the Shiba Inu “Doge” meme.
However, Shibacoin differentiates itself with its use of the Ethereum blockchain and its focus on privacy and security.
As of May 2021, Shibacoin has a market capitalization of over $15 billion and is currently the 15th-largest cryptocurrency by market cap.
In order to spread the word about their cryptocurrency, the creators of SHIB have used an unorthodox approach. Similar to the new Toon Finance coin, SHIB has focused on community building through free coin giveaways and events rather than traditional advertising.
Why Is Shibacoin So Popular?
Often referred to as the “Dogecoin killer,” SHIB has gone from having no value to making its backers a fortune.
The SHIB market cap reached over $40 billion in October 2021, less than two years after the token’s launch.
Since then, the value of meme coins and all other cryptocurrencies has plunged, but it still holds a market valuation of roughly $15 billion, second only to DOGE.
The usage of “burn rates” is one of the most distinctive aspects of Shiba Inu currency. Ten percent of each SHIB token transaction is “burned,” or destroyed and taken out of circulation.
The goal of this approach is to make the remaining SHIB tokens more valuable by increasing their perceived scarcity. There is also a burning of all Shiba Inu network transaction fees that further limits the total number of SHIB tokens in circulation.
Shiba Inu coins are also famous for their “tribalism,” system. This system encourages people to hold their SHIB tokens instead of selling them, so they can get rewards for helping run the network, and early access to new features or products.
The SHIB token’s creators want to promote a more dedicated user base by urging token holders to keep their tokens for the long haul.
What is Toon Finance Coin?
Toon Finance Coin is a new entrant to the world of meme coins. It is a deflationary cryptocurrency with a number of unique features. Toon Finance Coin is now taking the crypto world by storm with its innovative platform that offers DEX, Cross Chain Bridge, Space Grounds game, and more.
Toon Finance is a decentralized finance (DeFi) project that is built on the Ethereum blockchain. The project is designed to be an ecosystem of interconnected apps and protocols that enable users to do everything from earning interest on their digital assets to buying, selling, and trading a variety of different assets.
Toon Finance Coin also has a total supply of 1 billion Tokens which makes it rarer than both DOGE and SHIB. A presale for 50% of Toon Finance Coins began on October 10th, 2022, and has already received a tremendous amount of interest from investors, traders, gamers, and fans.
Toon Finance is planning to debut its coin in January 2023. They also have a tasty NFT collection that will be available only to members of their original Toonie community. The NFT collection has 3D cartoon characters, and just 10,000 of these one-of-a-kind rare Toonies will be produced.
Can Toon Finance Coins Be The Next Big Thing In Crypto World?
With the recent success of meme coins like DOGE and SHIB, crypto and market experts are calling Toon Finance the next big thing.
The Toon Finance coin stands out from the crowd because of its low price relative to competing cryptocurrencies. The platform’s decentralized structure is largely responsible for making this possible. The system eliminates the need for a central bank or other intermediaries in the transactions involving the fund.
This means you can avoid the cost of using a third-party wallet service for the transaction. Investors using the decentralized platform pay only a modest network fee for each trade they make. This is relevant to the blockchain technology you’re using.
Toon Finance has its own currency, TOON, which can be used to purchase products and services on the platform. The TOON currency is also used to reward users for participating in the Toon Finance community. With its unique focus on community and fun, Toon Finance has the potential to become the next big thing in the world of crypto.
What Makes Toon Finance Coin Unique?
TFT is a lot more than just a meme coin; it is building a decentralized exchange, player vs player battles, and introducing its own collection of NFTs. The project has the potential to revolutionise the gaming industry by creating a truly decentralized ecosystem where players can trade, battle, and collect without the need for third-party intermediaries.
Toon Finance Protocol’s primary benefit is that it’s a DEX or decentralized exchange. This is a standout feature in comparison to other meme currencies, all of which are run by centralized systems. Toon Finance uses the DEX, providing investors with an extra layer of protection.
One of the most significant benefits of the DEX system is that it does not have a central point of failure that hackers might target in order to cause harm to the users. Because of this, backers can relax knowing their money is secure. DEX also eliminates the need for an intermediary in financial transactions.
TFT is already off to a strong start, with a growing community of passionate supporters who are helping to build the platform and drive adoption. With so much potential, TFT is definitely one to watch in the coming months.
The team behind Toon FinanceCoin is dedicated to providing a fun and easy way for people to get involved with cryptocurrency.
So far, they have succeeded in creating a platform that is both user-friendly and packed with features. I think that Toon Finance Coin has a lot of potential and I am excited to see how the team continues to grow and develop the platform.
If you are looking for a new crypto coin to invest in, I recommend keeping an eye on Toon Finance Coin.
Where Can I Buy a Toon Finance Coin?
If you’re unfamiliar with Toon Finance coins, you may be wondering where to buy some. The following are some steps that will be of assistance:
1. You need to have Ethereum in a wallet (ETH)
2. For the exchange, either TrustWallet or MetaMask is a viable alternative.
3. You can get some Toon Finance Coin by loading your wallet with Ether.
4. To make a purchase, you will need to link the buy page on Toon Finance website to your wallet.
5. Now select the number of coins you wish to purchase with Ethereum.
6. Once you click the buy button, the Toon Finance coins will be sent to your wallet.
Will Meme Coins Have a Future?
It’s impossible to say for sure whether or not meme coins will have a future as legitimate forms of currency.
However, given the current popularity of meme culture and the potential profit to be made by investing in meme coins, it’s safe to say that they will continue to gain in popularity in the months and years to come.
So if you’re looking for a new and exciting investment opportunity, you may want to consider putting some money into meme coins like Toon Finance. Who knows? You could end up making a fortune!
Conclusion
The world of cryptocurrency is always changing—and the latest trend is meme coins. These coins are typically created as jokes but have quickly gained popularity due to their low transaction fees and fast transaction times.
Currently, the two most popular meme coins are DOGE and SHIB; however, there’s a new kid on the block that many believe has the potential to surpass both of them in terms of value and utility: Toon Finance Coin.
As a result of its strong returns and successful presale, this currency is generating a storm in the crypto trading industry. The initial presale phase was successful, and the platform is now in the next phase of development.
Those interested in participating in the presale of this new meme coin can do so using the Toon Finance Protocol platform.
People often miss out on opportunities because they don’t know the value of participating in an ICO presale in its earliest stages.
Aside from increasing your chances of receiving your money back if the ICO fails, this will also net you a sizable bonus on your investment.
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.
DOGE Coin’s Price Is Increasing Shows Bright Future For Meme Coins Like Toon Finance
DOGE coin has been around since almost as long as Bitcoin and has been a favorite among cryptocurrency traders due to its low transaction fees and easy-to-understand technology. Its recent price surge has created a lot of buzz in the crypto community and could be indicative of the growing acceptance of meme coins like Toon Finance, which is similar to DOGE but with more features such as yield farming, decentralized exchanges, and betting.
This trend of increasing price for meme coins that aren’t DOGE shows that the market is ready for the next evolution of meme coins. Is Toon Finance the next DOGE coin or the next Bitcoin? Only time will tell, but the increasing price of meme coins like Toon Finance is a good sign that they could be here to stay.
The features and benefits offered by Toon Finance make it an attractive option for both new and experienced investors alike but let’s dig a bit deeper.
What is DOGE coin and why is it a meme coin?
What is a meme coin?
Unlike the more “serious” coins like ADA, TRX, BTC, ETH, and even Toon Finance’s TFt, meme coins are generally “worthless” coins with little to no use-case that was made as a joke.
In DOGE coin’s case, it was created both as a joke and as a meme coin. It was created in 2013 by Billy Markus and Jackson Palmer as a way to poke fun at the cryptocurrency market and its investors, but it has since gained traction with more serious traders too. While it may still be considered “worthless” to some, it’s undeniable that DOGE coin is one of the most popular meme coins around today and will forever live in the consciousness of anyone that’s versed in crypto and even some who are not.
While it is undeniable that Bitcoin is the King of Cryptocurrency and Ethereum the prince, DOGE coin is widely accepted to be the beloved cousin that only wants to chill and have fun.
What is DOGE coin and how did it get so popular?
DOGE coin is a cryptocurrency created in 2013 by Billy Markus and Jackson Palmer. It was originally based on the Doge meme, which features a Shiba Inu dog surrounded by bright colors and phrases such as “Wow” and “So Cool.”
The coin began to gain traction when Elon Musk, the CEO of Tesla and SpaceX, began to Tweet about it making its price skyrocket but there’s also another side to this, the side that considers that DOGE coin was already popular even before Elon Musk Tweeted about it.
This shows that while Elon Musk definitely propelled the coin’s price, DOGE coin’s popularity being increased by Elon Musk is questionable as even people not involved with cryptocurrencies know about the famous and beloved Shiba Inu.
Why is DOGE coin’s price increasing?
What causes a token’s price to increase?
One factor is hype and people’s beliefs that the price of the token will increase in the future.
It could be argued that DOGE coin has been increasing in price because it is being adopted by more and more people as a meme coin.
From crypto traders who see its potential to everyday people who just think it’s funny. This is just a few reasons that can cause a token’s price to increase. It is also possible that a particular token announces partnerships that produces real-life big projects or partnerships with well known names similar to how Hollywood partnership propelled the NFT Bored Ape Yacht Club to ubiquity.
Why did DOGE coin’s price increase this December 2022?
In December 2022, DOGE coin experienced a significant price surge due to the news that Elon Musk was going to appear on Saturday Night Live (SNL).
This made people speculate that he would mention DOGE coin and further push its adoption. This speculation caused the token’s price to increase significantly as many traders saw it as an opportunity for profit.
Other factors could have helped fuel the price increase of DOGE coin such as increased trading volume, more merchants accepting it as a form of payment, and positive press coverage.
The increasing popularity of meme coins like Toon Finance and DOGE Coin shows us the potential these tokens have in the crypto market.
Meme coins are generally high in supply but low in value, it is after all, a joke coin. But Toon Finance Token shows that that doesn’t have to be the case by having incredible value right off the bat and Ethereum users are buying it and choosing Toon Finance Tokens over Ethereum ETH in the process of buying it.
What makes Toon Finance so Valuable despite being a meme coin?
Toon Finance might be a meme coin, but its underlying technology makes it extremely valuable. Toon Finance was built on the Ethereum blockchain, which allows it to interact with other Ethereum-based tokens and contracts. This makes it easier for users to purchase and use Toon Tokens in a variety of ways.
Toon Finance has also been designed to be deflationary, meaning that the supply of the token will decrease over time as more people buy and hold onto their Toon Tokens. This is done by having a small portion of each transaction get burned, meaning they are taken out of circulation forever.
This creates scarcity and increases the value of each remaining Toon Token, making them increasingly attractive investments for traders looking for higher returns than what traditional meme coins offer.
But first, what is Toon Finance?
What is Toon Finance and what makes it different from other meme coins?
Toon Finance is a decentralized finance (DeFi) protocol and meme coin built on the Ethereum blockchain. It allows users to trade, borrow, lend, and stake their Toon tokens. The protocol is deflationary meaning that a portion of each transaction will be burned or taken out of circulation forever thus creating scarcity amongst the remaining tokens which increases their value.
What makes Toon Finance Tokens different from other meme coins?
Unlike other meme coins, Toon Finance has been designed with real-world use cases in mind such as being used to purchase digital assets like NFTs or staked in yield farming protocols for higher returns than what traditional investments offer. It also has a robust infrastructure and an incredibly welcoming community.
Apart from this, while Toon Finance isn’t a serious token, it doesn’t mean that it isn’t a serious project. Toon Finance manages to be a chill project that doesn’t force people to buy into it while delivering practical tech that will make people want to invest in it anyways.
Toon Finance only keeps the fun part of meme coins, everything else it improves upon. Toon Finance Token’s price have practically doubled since it was announced and shows no slowing down or stopping as more and more supporters are attracted to the project.
Toon Finance Tokens are high value with low supply making each and every token precious from the very beginning especially since it has a real-world use case that doesn’t just revolve around governance.
What does Toon Finance Token TFT offer?
Toon Finance has Toon Swap, a robust DEX or decentralized exchange that will allow users to privately and with lower fees that central exchanges like FTX and Binance, to trade token pairs like BTC, ETH, ADA, XRP, DOGE, TFT, and many more.
Apart from this, Toon Finance has Space farming and Space Battle Grounds that will allow users to earn tokens as they use thet platform.
Website: https://toon.finance/
Presale: https://buy.toon.finance/
Twitter: https://twitter.com/ToonSwapFinance
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.
Best Coins To Buy In 2022: ETH, LINK & BLUNT
Choosing the best cryptocurrency can take a lot of work, especially if you are a beginner. There are over 10,000 cryptocurrencies accessible for investments or trading, and new cryptocurrencies come into the market daily.
To make things easy, we’ll review three top cryptocurrencies you may get in November 2022 before their value soars. For example, you can find the potential bullish coin to increase your win ratio.
Keep reading to find top cryptocurrencies and hidden gems to buy in 2022. So without further ado, let’s get started:
BLUNT
The launch of the first decentralized cannabis e-commerce marketplace, BudBlockz, coincides nicely with the increasing legalization of marijuana in the US and worldwide.
Cannabis e-commerce has enormous development potential as legalization is only just getting started. As a marketplace for all market players, BudBlockz will take the lead.
However, BudBlockz is a fully decentralized ecosystem and solution for the cannabis market because it is a decentralized platform and an NFT marketplace.
Farmers, manufacturers, and private individuals can exchange goods and services using the native coin $BLUNT. In addition, their NFTs will be used to issue participant licenses, enhancing both the security and transparency of the cannabis industry.
Pre-sales allow you to purchase a token before it becomes available to the general public at substantially higher costs, so you can participate as early as possible in a new project with a potential return of 100x or more.
ETH
Ethereum (ETH) is the second-ranked and top-three cryptocurrency throughout long-term investment coins; and that makes it one of the top cryptocurrencies to buy and invest in right now. There will be fewer $ETH coins in circulation daily, especially now that the merge is over and Ethereum is operating on a proof-of-stake protocol.
The demand for $ETH will only rise as more ventures, including our top cryptocurrency pick BudBlockz, start to use Ethereum. However, a price explosion typically results from dwindling supply and rising demand. With a current value of roughly $1300, it has experienced a significant price decline since the merger in September 2022, making this the ideal opportunity to purchase.
LINK
Chainlink tops our ranking of the best cryptocurrencies to purchase in 2018 regarding relevancy and innovation. It is an ongoing project that provides a decentralized oracle network enabling blockchain applications to stream reliable data. In addition, they bring off-chain data on-chain to support sophisticated smart contracts on any blockchain.
The value of LINK in the upcoming months may be significantly affected by the recovery of the DeFii sector. As of this writing, LINK lists a price of $6.04. While unquestionably positive, it must reflect the project’s development and expansion. Wee anticipate the cost to remain stable this year.
We support Chainlink in large part because of its practical utility. It is one of the few blockchain initiatives with the infrastructure to entice conventional users to use blockchain. For example, consider creating a decentralized insurance protocol for farmers. To give users timely insurance, you must incorporate reliable weather and harvest data.
You can invest in the decentralized oracle networks offered by Chainlink and increase your chances of earning huge rewards. In addition, it encourages blockchain technology developers to present new use cases for the technology.
Bottom Line
These are the best cryptocurrencies to purchase in November 2022. Investing in all these tokens may build a well-balanced portfolio of the top 100 cryptocurrencies and up-and-coming coins with enormous potential. While the top coins might be considered safe investments, emerging initiatives in favored industries, like BudBlockz in the cannabis industry, have 100x and more potential.
Learn more about BudBlockz (BLUNT) at the links below:
Official Website: https://budblockz.io/
Presale Registration:: https://app.budblockz.io/sign-up
Telegram Group: https://t.me/BudBlockz
Discord Server: https://discord.gg/s7hBFgvTmN
All BudBlockz Links: https://linktr.ee/budblockz
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Best Coins to keep on your watchlist TFT, SHIB, MATIC, DOT, DOGE
Toon Finance Best Meme coin 2022
Toon Finance is the new meme coin that struck the crypto and meme token space when a group of developers decided to come together and build a solid brand. The team is tired of all of these bs coins that come out everyday that have no utility.
Toon Finance is not only dropping the ICO presale of the year, they are also dropping an NFT presale that will be one for the record books as a recent market analyst stated “they are already taking over TAMAs number one spot.” Toon Finance raised over 1.8 Million USD in the first week of presale. The team stated on social media that they were “excited to be a part of these revolutionary and innovative moments”.
The meme coin industry has been one that has been shocking the world and bringing in hundreds of thousands of new investors by the day. Meme coins started back around 2013 when DOGE coin hit the streets and it has already become a billion dollar industry.
Toon Finance NFT $300,000 Airdrop
Toon Finance is the new DEX platform that everyone has been raving about. The meme coin industry has been blown away a few times by the massive exposure meme projects like Toon Finance, DOGE, SHIB bring to its users. Nothing is ever promised in the meme token industry, with high risk comes high reward so to speak. Users and investors must always do their research thoroughly and learn everything they can because Web3 is the future of technology.
Toon Finance is dropping a cute cuddly NFT project with beautiful artwork. The artwork can be found on their website at toon.finance. The team is having an NFT airdrop to its first 1,000 Toon Army members, you can sign up for the airdrop on the Toon Finance website and have a chance at getting your very own cute Toonie character dropped right to your wallet.
SHIB Shiba Inu Coin The Meme Coin Taking the Crypto World by Storm
In the world of cryptocurrency, there are a lot of options to choose from. But in recent months, one coin in particular has been attracting a lot of attention: SHIB Shiba Inu Coin. So, what is SHIB Shiba Inu Coin? Put simply, it’s a meme coin created on the Ethereum blockchain that has exploded in popularity thanks to its Dogecoin-esque shiba inu mascot. But there’s more to SHIB than just a cute face; the coin has also gained a following among investors thanks to its deflationary economic model, which is designed to create scarcity and drive up the price.
What is SHIB Shiba Inu Coin?
SHIB Shiba Inu Coin is a meme coin created on the Ethereum blockchain. The coin was created as a fork of another meme coin, Dogecoin, and shares many similarities with its predecessor. Both coins have shiba inu mascots and both are deflationary, meaning that there is a limited supply of coins that will ever be mined.
However, SHIB does have some key differences that set it apart from Dogecoin. For one thing, SHIB has a much higher max supply (1 quadrillion compared to Dogecoin’s 100 billion). Additionally, 10% of all mined SHIB is automatically burned (destroyed), further reducing the available supply and driving up the price.
Why Is SHIB Shiba Inu Coin So Popular?
SHIB Shiba Inu Coin has exploded in popularity over the past few months thanks to its Dogecoin-esque shiba inu mascot and its deflationary economic model.
The coin has also benefited from a general increase in interest in meme coins and crypto assets among retail investors. Thanks to all of this positive buzz, SHIB has seen its price skyrocket from around $0.00005 per coin in February 2021 to its current price of $0.000007 per coin.
SHIB Shiba Inu Coin is a meme coin created on the Ethereum blockchain that has exploded in popularity thanks to its Dogecoin-esque shiba inu mascot and its deflationary economic model.
The coin has seen its price skyrocket over the past few months as more and more people have become interested in investing in crypto assets. If you’re looking for an alternative investment with high potential returns, SHIB might be worth considering.
Polygon an introduction
In this post, we will be discussing the basics of Polygon (MATIC), a layer 2 scaling solution for Ethereum. We will cover what Polygon is, how it works, and some of its key features. By the end of this post, you should have a good understanding of what Polygon is and how it can be used to scale Ethereum.
What is Polygon?
Polygon is a layer 2 scaling solution for Ethereum that uses Plasma chains and PoS based sidechains. Polygon aims to provide scalable, secure, and instant Ethereum transactions with low fees. Polygon also enables users to easily build and use decentralized applications (dApps) on Ethereum.
How does Polygon work?
Polygon uses Plasma chains and PoS based side chains to scale Ethereum. Plasma chains are used to process transactions off-chain while still being secured by the Ethereum mainnet. PoS based side chains are used to provide scalability and security for dApps built on top of Polygon.
Key Features
Some key features of Polygon include:
- Low fees: Transactions on Polygon are very cheap because they are processed off-chain.
- Scalability: Polygon can process thousands of transactions per second thanks to its Plasma chains and PoS based sidechains.
- Security: Transactions on Polygon are secured by the Ethereum mainnet.
- Ease of use: Users can easily build and use dApps on top of Polygon with its easy-to-use SDKs and APIs.
Overall,Polygon is a great project with a lot of potential. It has already seen some success with over $13 billion worth of ETH locked in its smart contracts. If you are looking for a way to scale Ethereum or build dApps, then Polygon may be the right platform for you.
Polkadot Coin: All You Need to Know
DOT, or more commonly known as Polkadot coin, is a type of cryptocurrency that powers the Polkadot ecosystem. Polkadot is a next-generation protocol that enables cross-chain transfers of any type of data or asset. In other words, it’s a network that can connect different blockchain technologies together. And DOT is the native token of the Polkadot network. In this blog post, we’ll cover everything you need to know about DOT coin, from its use cases to its price history. Read on to learn more!
What is DOT Coin?
DOT coin is the native cryptocurrency of the Polkadot network. The main function of DOT coins is to secure the network and enable transactions between different chains. DOT coins are also used to pay transaction fees and reward network validators.
What are the Use Cases of DOT Coin?
The use cases of DOT coin are vast thanks to the flexibility of the Polkadot network. Some potential use cases include:
- Decentralized exchanges
- Identity management
- Prediction markets
- Insurance
These are just a few examples—the possibilities are endless!
How Much is DOT Coin Worth?
The price of DOT coin has fluctuated since it first launched in August 2020. As of January 2021, one DOT coin is worth around $19 USD. However, some experts predict that the price could rise to $100 USD by 2025. Only time will tell!
Conclusion:
DOT coin is a versatile cryptocurrency with a lot of potential uses thanks to the Polkadot network. If you’re thinking about investing in DOT coin, be sure to do your research first. And keep an eye on the market—the price of DOT coin could increase significantly in the coming years!
DOGE Coin: The Joke that Became a Serious Currency
DOGE coin is a cryptocurrency that was created as a joke in 2013. It was based on an internet meme featuring a Shiba Inu dog. Despite its humble beginnings, DOGE coin has become a serious player in the cryptocurrency world.
As of writing, DOGE coin has a market capitalization of over $600 million. That makes it the 35th largest cryptocurrency by market cap. In this article, we’ll take a look at the history of DOGE coin and explore some of the reasons for its recent surge in popularity.
The Origins of DOGE Coin
DOGE coin was created by Jackson Palmer and Billy Markus in 2013. At the time, both men were working in the tech industry and they saw the growing interest in cryptocurrency as an opportunity to create a new coin that would be more accessible and user-friendly than Bitcoin.
To that end, they chose to base their new currency on an internet meme featuring a Shiba Inu dog. The name “DOGE” is derived from this meme.
While DOGE coin started as a joke, it quickly caught on with members of the online community who were interested in cryptocurrency. The simplicity of the currency’s design and its friendly mascot made it appealing to those who were put off by the more complex aspects of Bitcoin.
In addition, DOGE coin initially had very low transaction fees, which made it attractive to users who were looking to avoid the high fees associated with Bitcoin transactions.
The Rise of DOGE Coin
Since its launch, DOGE coin has experienced several surges in popularity. The first came in 2014, when China began cracking down on Bitcoin exchanges. This caused many investors to look for alternative cryptocurrencies, and DOGE coin benefited from this increased interest.
The second surge came in 2017, when Bitcoin reached unprecedented heights and investors were looking for alternatives that might offer similar returns. Once again, DOGE coin benefited from this increase in interest in alternative cryptocurrencies.
The most recent surge in popularity for DOGE coin came earlier this year when Tesla CEO Elon Musk tweeted about the currency. This caused a massive influx of new investors and sent the price of DOGEcoin soaring. While the price has since come back down to earth, there is no doubt that DOGE coin has cemented its place as a major player in the world of cryptocurrency.
DOGE coin is a cryptocurrency that was created as a joke but has since become a serious force in the world of digital currency. Thanks to its user-friendly design and friendly mascot, DOGE coin has attracted many investors who are looking for an alternative to Bitcoin.
While the price of DOGE coin has fluctuated over the years, it has experienced three major surges in popularity since its launch in 2013. The most recent surge came after Tesla CEO Elon Musk tweeted about the currency, causing many new investors to jump on board. While the price has since stabilized, there is no doubt that DOGE is one of the best meme coins.
Meme Coins: Why are they so popular?
Blog Introduction: In the world of cryptocurrency, there are a variety of different types of coins. Some are utility coins, some are security coins, and some are considered meme coins. But what exactly is a meme coin? And why are they so popular?
A meme coin is a cryptocurrency that is created for the purpose of being a joke. However, even though these coins may be created as a joke, they often have real value. This is because many people invest in them because they see the potential for the coin to increase in value.
One of the most popular meme coins is Dogecoin. Dogecoin was created in 2013 as a parody of Bitcoin. It features the Shiba Inu dog from the Doge meme as its logo. Even though Dogecoin was created as a joke, it has a market capitalization of over $600 million.
Another popular meme coin is PepeCash. PepeCash was created in 2016 and is based on the Pepe the Frog meme. PepeCash has a market capitalization of over $4 million.
Meme coins have become increasingly popular over the past few years. These types of coins are often created as jokes but end up having real value due to the fact that many people invest in them because they see the potential for the coin to increase in value. Some of the most popular meme coins include Dogecoin and Toon Finance which are both easy to purchase.
Purchasing Toon Finance
In order to purchase Toon Finance you will need a wallet loaded with Ethereum. Ethereum will be the currency.
Once you have a browser or mobile wallet like TrustWallet filled with ETH you will be able to purchase your Toon tokens directly from the TFT website.
You simply connect your wallet and put in the amount in ETH that you would like to buy and click “buy TFT”
The order will then be processed and you are now a member of the Toon Finance Army, the meme coin of the year!
Twitter | Toon Finance | Telegram
Disclaimer: This is a guest 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.
Crypto Meme Coins on the Rise TFT DOGE & SHIB
Toon Finance Big Eys Coin Aside
Toon Finance raises a ton of attention in the crypto atmosphere as market analysis continues to read about the most updated meme market data. Meme coins have been on the rise over the last few years with so many new investors jumping in every hour of the day and all around the world at that.
The amount of exposure that meme coins like Doge and Toon Finance have is massive. These tokens are popping up everyday with so many different ideas which one will climb the charts next?
Toon Finance has been in the scope of many presale investors as the early crowd apes in. This is a well known fact in the crypto world, if you get in early you have a better chance at larger gains. Pure, simple facts!
Toon Finance has announced that they are already surpassing the meme token records by collecting a whopping 1 million usd in the first few hours of opening the presale to the public. Market experts believe that when a coin is continuously being talked about and hyped then it may be time to join the ride. Sheesh, so why all the hype? Is it just another token? Of course not, The Toon Team decided that they were going to spice things up by cooking up more than muffins in the kitchen. They are doing an NFT giveaway. Visit their website for all of the information on how you can get one.
Toon Finance NFT project
The Toon Finance Coin team announced that they will be releasing an extra cherry on top by adding a unique collection of 10,000 cuddly NFT characters. Check their website to mint your very own Toonie. The Toonie Verse is a Cartoon world filled with a ton of different characters from marshmallows with chocolate to space men, aliens and more. Tons of different ones to choose from. Join now and see which one you get.
How to purchase TFT
You can purchase Toon Finance directly from their website using Ethereum. Toon Finance is currently in the early stages of presale with the project selling out fast.
DogeCoin
In the world of cryptocurrency, there are many different coins and tokens to choose from. Some are serious investments, while others are more for fun. DOGEcoin falls into the latter category. Created as a joke in 2013, this meme-based cryptocurrency has taken the world by storm, becoming one of the most popular altcoins on the market. But what is DOGEcoin, and should you invest in it? Let’s take a closer look.
Dogecoin Buyers Rush to Ton Finance Coin
DOGEcoin is a decentralized, peer-to-peer digital currency that enables instant, near-zero cost payments to anyone anywhere in the world. Based on the popular “Doge” meme featuring a Shiba Inu dog, DOGEcoin was created as a joke but quickly gained a devoted following. Today, DOGEcoin has a market capitalization of over $1 billion and is used by millions of people around the world.
Dogecoin Purchases & Toon Finance Presale Live
If you’re interested in buying DOGEcoin, you can do so on any major cryptocurrency exchange. Popular exchanges that list DOGE include Binance, Kraken, and Robinhood. Once you’ve set up an account on your chosen exchange and deposited funds, you’ll be able to buy DOGE with just a few clicks.
Purchasing Dogecoin $DOGE & Toon Finance
This is a question that only you can answer. Some people view DOGEcoin as a fun investment due to its meme-based origins, while others see it as a serious investment with real potential. No matter which camp you fall into, make sure to do your own research before investing any money.
DOGEcoin is a popular cryptocurrency that has taken the world by storm. If you’re thinking about investing in this meme-based coin, make sure to do your own research first.
The History and Current Price of SHIB
SHIB is a cryptocurrency that was created in August 2020. The currency was created as an alternative to Bitcoin, with the aim of being more private and anonymous. Since its launch, the price of SHIB has fluctuated greatly, but has overall trended upwards. Let’s take a closer look at the history and current price of SHIB.
SHIB was created on August 6th, 2020. The currency was created as an alternative to Bitcoin, with the aim of being more private and anonymous. The creator of SHIB is unknown, and the currency is not affiliated with any company or organization.
Since its launch, the price of SHIB has fluctuated greatly. In the first week after its launch, the price of SHIB rose from $0.000001 to $0.000008. However, it then fell back down to $0.000001 within two days. After this initial volatility, the price of SHIB has trended upwards, reaching a high of $0.000032 on September 5th, 2020.
As of October 2020, the current price of SHIB is $0.000014. This is a slight decrease from its September high, but overall the currency has seen a steady increase in value since its launch.
SHIB is a cryptocurrency that was created in August 2020 as an alternative to Bitcoin. The currency has seen volatile prices since its launch, but has overall trended upwards in value. As of October 2020, the current price of SHIB is $0.000014.’’
CoinMarketCap
Why is it important to learn about reading charts on CoinMarketCap when investing into your favorite coin projects?
Using CoinMarketCap charts to view your favorite meme coins can be a bit confusing if you are just now starting out in the crypto investing industry, however it is a must learn in order to make massive gains on your favorite meme tokens like TFT,DOGE or SHIB. I have written a quick guide on using CoinMarketCap to view your favorite coins.
CoinMarketCap.com Data on Crypto Coins
If you’re new to the world of cryptocurrency, you might be wondering how investors keep track of data on different coins. After all, with over 5,000 different crypto coins currently in circulation, it would be nearly impossible to track everything manually! The good news is, there’s a website that does it for you: CoinMarketCap.com. In this blog post, we’ll show you how to use CoinMarketCap.com to look up data on crypto coins so that you can make informed investment decisions.
CoinMarketCap.com is a website that tracks the prices of cryptocurrencies in real-time. It also provides information on each coin’s market capitalization, trading volume, and circulating supply. This makes it an invaluable resource for crypto investors who want to stay up-to-date on the latest market trends.
To look up data on a particular crypto coin, simply type the coin’s name or ticker symbol into the search bar at the top of the page. For example, let’s say you want to look up data on Bitcoin (BTC). When you type “BTC” into the search bar and hit enter, you’ll be taken to a page that looks like this:
As you can see, this page contains a wealth of information on Bitcoin, including its price (in USD), market capitalization, trading volume, and circulating supply. You can also see charts that show Bitcoin’s price history over different time periods.
If you scroll down a bit further, you’ll also see a list of exchanges where Bitcoin is traded. This is useful information if you’re looking to invest in Bitcoin; you can use this list to find an exchange that suits your needs and then buy some BTC!
CoinMarketCap.com is a must-visit website for anyone who wants to stay up-to-date on the latest cryptocurrency prices and market trends. The website is easy to use and provides a wealth of information on each coin listed. So what are you waiting for? Head on over to CoinMarketCap.com and start looking up data on your favorite crypto coins!
Toon Finance Protocol | Telegram | CoinMarketCap | Toon Finance Coin Presale
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Latest Star Plona (PLON) on Pre-Sale Likely to Compete with Dogecoin (DOGE) and Shiba (SHIB) Coins
Shiba Inu (SHIB) and DogeCoin (DOGE) were first hyped in the market due to their unique origin. Both these coins resulted from the meme culture and received hype from celebrities.
While these cryptos started as entertainment, they were once the top crypto in the market. Shiba Inu (SHIB) has one of the strongest crypto-communities and is mobilizing several latest techniques and network upgrades. It has made Shiba Inu (SHIB) perform better than any competing coin since its launch.
However, DOGE is equally astounding, as even the likes of Elon Musk are supporting Dogecoin (DOGE). Knowing the next bull market may be challenging for crypto enthusiasts, but not impossible. People have started speculating on new possibilities for crypto, NFTs, and other digital investment ideas.
Despite their prior popularity, Shiba Inu (SHIB) and Dogecoin (DOGE) suffered massively because of the drop in the crypto market. Shiba Inu (SHIB) has crashed by nearly 87% since Oct 2021, and the decline continues. Experts believe the downfall might stay for longer. Even the Dogecoin (DOGE) coin has suffered a 92% downfall since May 2021 and is hardly surviving.
There’s no telling when these cryptos will resurface, but new developments have changed the canvas of digital investment. The latest star Plona (PLON), is at a pre-sale stage but is eyed by most experts as a promising digital investment option.
Tokenizing luxury car ownership through blockchain
Plona is one of a kind when it comes to the niche. It’s an NFT trading platform dedicated specifically to luxury cars. The idea behind Plona is inclusion for investments.
It’s pretty challenging for most business owners to invest in leading automobile companies smartly. The automobile industry is virtually limitless and requires a lot of investment money.
However, the pre-sale star Plona (PLON) provides investors with the opportunity for fractional investments. They market themselves as a “fractional premium car investment platform,” making it a unique investment opportunity.
Plona (PLON) provides investors with a unique chance by offering trade fractional NFTs based on real luxury car dealers. It’s the ultimate investment option because it allows investors to get fractions from leading automobile companies. Some of the leading companies you can invest with include:
- Bentley
- Bugatti
- Ferrari
- Lamborghini
- McLaren
- Porsche
For each investment, the investors get a dedicated NFT token with its market value. Each NFT received also has a backed and underwritten physical car that you will invest in. These cars are secure, stored, and insured in a specialist unit, to keep your investment safe.
Experts believe this is an ideal time to pre-buy Plona (PLON) because the NFT platform is moving toward growth and development. The right investment approach right now might change your finances forever.
Plona (PLON) is also the perfect choice for investors who aren’t inclined towards digital currencies because of lesser physical backing. However, with Plona (PLON), every fraction you own is an NFT token representing your ownership of a physical vehicle.
It makes Plona (PLON) the perfect opportunity for stable and sustainable investments. You’ll be one of the first to step foot in an exotic car metaverse community. Ordering right now is smart because the airdrop begins before the pre-sale phase ends.
Plona – The Future of Luxury Car Ownership
Presale: https://buy.plona.io
Website: https://www.plona.io
Twitter: https://twitter.com/plonatoken
Telegram: https://t.me/plonatoken
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Meme Coins Expected to Suffer During Q1 2023, While Budblockz and Hedera’s Utility Tokens Are Expected to Gain Mass Traction
Meme coins are not often a good investment due to their volatility and are prone to dying off due to a lack of utility. Also, these coins are primarily made for fun and have no new functionality to aid their growth.
Of course, some of these meme coins can be profitable if significant hype surrounds them. However, the value spike is unlikely to continue in the long term.
Moreover, due to the current state of the crypto market, these assets are likely to slump soon. Therefore, I have found such meme coins you can reduce your exposure in 2022 before they start to decline further.
Meme Coins Expected to Suffer During Q1 2023
ApeCoin (APE)
ApeCoin (APE-USD) was developed by a group associated with the Bored Ape Yacht Club (BAYC), which is a non-fungible token (NFT) collection.
Despite being called a utility token by its developers, the token has almost zero utility outside of the BAYC ecosystem and some small NFT projects. In addition, ApeCoin is also an ERC20 token, another obstacle to its long-term utility.
It is unlikely for ApeCoin to have a significant rebound soon due to the decline of the NFT market. The token has been in a devastating freefall in the past week, down 42%.
SafeMoon V2 (SFM)
The first SafeMoon project was discontinued, and its developers created a newer project named SafeMoon V2 (SFM-USD). The original project’s investors were given hours of warning before its developers taxed all the non-migration transactions at 100%.
SafeMoon’s price performance has also been disappointing. Its current price is almost 95% down from its all-time high. In addition, SafeMoon’s current reputation among investors makes it impossible for the project to have a significant rebound. In short, the SafeMoon project is neither safe nor going to the moon.
Dogelon Mars (ELON)
Dogelon Mars (ELON-USD) is an ERC-20 meme token. The project has almost zero utility or long-term prospects. Without a practical roadmap to increase token usage, ELON will likely see the same fate as Shiba Inu in the future.
Elon Musk’s impact on meme coins is no longer significant. A year ago, his support for Dogecoin considerably impacted cryptocurrency. However, despite his continuing support of the project, it has failed to increase the value of DOGE in the long term. Therefore, expect assets such as Dogelon Mars to have a similar fate.
Floki Inu (FLOKI)
Floki Inu (FLOKI-USD) is another ERC20 meme coin seeking to capitalize on Elon Musk’s promotion of Dogecoin. Floki is the name of Musk’s dog.
Although the token has started to focus on NFTs, its utility is almost nonexistent, with little productivity and revenue from its partnerships. However, refocusing on NFTs is unlikely to shift the Floki Inu away from its failed purpose.
Floki Inu is 98% down from its all-time high and is still in a long-term decline. Also, the token has lost 49% of its value in the past week alone; therefore, the short-term prospect for Floki seems alarming.
Budblockz and Hedera’s Utility Tokens Expected to Revolutionize the Crypto Industry
BudBlockz
BudBlockz is an excellent crypto project with the mission of applying blockchain technology to the rapidly blooming cannabis industry. BudBlockz aims to build the world’s first digital, fully decentralized cannabis investment and e-commerce platform.
Many crypto analysts have predicted that BudBlockz is the perfect crypto to invest in 2023. It is still new and undervalued. BudBlockz opened its doors for investors with its presale phase on September 12th after a successful private sale.
During the sold-out private sale, many investors traded their Bitcoin and Ethereum tokens to purchase BLUNT. You can still be part of the BLUNT presale on the official website.
Hedera (HBAR)
Hedera is a cryptocurrency platform that runs on a hashgraph blockchain. The Hedera (HBAR) Hashgraph is a blockchain project that supports smart contracts and decentralized applications (DApps).
The HBAR price has shown some clear patterns. After dropping to a local low, a price hike follows. However, the ongoing bear market in the crypto space slowed down the HBAR price recovery. The price could reach a maximum of $0.44 in 2022.
With new developments and partnerships working, the HBAR coin price prediction for 2023 is optimistic. HBAR will likely be sold at nearly $0.5 by the end of 2023.
Learn more about BudBlockz (BLUNT) at the links below:
Official Website: budblockz.io/
Presale Registration:: https://app.budblockz.io/sign-up
Telegram Group: https://t.me/BudBlockz
Discord Server: https://discord.gg/s7hBFgvTmN
All BudBlockz Links: https://linktr.ee/budblockz
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Big Eyes NFT Platform to Compete With Top Gamefi Coins, the Sandbox, and Axie Infinity for Top Ranking NFT-Based Token
As the presale ends, the new meme coin sensation, Big Eyes (BIG), will be looking to get their NFT club launch underway in the coming weeks. With the token’s popularity in the cryptocurrency market, the developers hope to get the NFT club to a top ten rank. Subsequently, they will find they have to compete against the Sandbox (SAND) and Axie Infinity (AXS), amongst other popular GameFi platforms.
The Sandbox (SAND)
The Sandbox (SAND) is a well-known gaming blockchain network where crypto users get to play advanced-level games with token rewards. The project was modeled after the Sandbox 1 and the Sandbox Evolution, both designed by the gaming franchise the Sandbox, which is famous for its smartphone game software development.
Like other GameFi platforms, the Sandbox (SAND) features several play-to-earn games, where users log in and enter various modes to play and earn rewards in tokens. They can exchange the rewards for other coins or fiat currency through exchange platforms.
Because of its several games, the network uses NFTs extensively. As a result, the Sandbox (SAND) has an active NFT marketplace where users can make their own NFTs or use the platform-generated NFTs in their games. NFT creators have copyrights to their customized assets, as the network automatically binds the NFT to a smart contract upon creation. This way, the creator can earn from the sales of the asset.
SAND is the platform’s official token, and it is an ERC-20 token. It is used in several cases on the platform, including payment for gas and game entry fees, and as a governance coin. It is currently listed on CoinMarketCap for $o.827.
Axie Infinity (AXS)
Another popular name in the blockchain gaming industry is Axie Infinity (AXS). It was developed in 2018 and became the most popular game on the Ethereum blockchain in 2021, with over 1 million daily players.
Axie Infinity (AXS) features a Pokémon-based game where users build kingdoms for their pet avatars. They expand such kingdoms by attacking other users’ bases. It has a play-to-earn feature, where users want rewards while playing the game.
The network has two currencies to simplify trade on the platform. Small Love Potion (SLP) is the in-game currency players use to make purchases and earn rewards. The other coin, AXS, is used to purchase NFTs, pay transaction charges, and make decisions on the project’s plans.
AXS is listed on CoinGecko for about $12.52.
Big Eyes (BIG)
Big Eyes (BIG) is gaining a significant following in the cryptocurrency market, as its presale stages have already helped realize about $6.5 million. The developers have several plans to boost the coin to a maximal cryptocurrency price; some of them are highlighted below.
Big Eyes (BIG) will soon launch its NFT club, the Sushi Crew, which will distribute tokens to all platform members while allowing other users to trade and exchange their customized tokens. Members can also create their NFTs on the platform and secure them with smart contracts. The NFT club also promises charge-free transactions, protecting users from the relatively high Ethereum network fees.
In addition to the NFT club, Big Eyes (BIG) will be launching on crypto platforms all over the space. Already, it is listed on CoinDex, and the developers are working on a launch on the popular crypto exchanger UNISWAP. Such a listing will significantly boost BIG’s popularity and cryptocurrency price.
Big Eyes (BIG) is an Ethereum-based coin, and it operates on smart contracts to achieve quick and efficient transaction execution on the platform. Smart contracts have been recently audited by Solidity, a popular programming language for evaluating smart contract integrity. CoinSniper has also verified the entire Big Eyes (BIG) development team, preventing scams and rug pulls.
You can get your BIG tokens today with Ethereum and BNB through web-enabled wallets like MetaMask and Trust Wallet. Click this link to join the ongoing presale or to find out more, visit the links below:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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Are New Coins Sweat Economy (SWEAT) and Tamadoge (TAMA) Worthy?
In the middle of the extended crypto winter, new coin launches are still highly subscribed. Recently, Sweat Economy (SWEAT) and Tamadoge (TAMA) had resounding presale successes which makes investors ask an important question: are they worth the money?
The Hideaways (HDWY) is another project that’s been talked about lately. Its presale is quickly becoming one of the success stories of 2022. Can The Hideaways (HDWY) follow the success of Sweat Economy (SWEAT) and Tamadoge (TAMA)?
Sweat Economy (SWEAT): Is it Worth the Sweat?
Sweatcoin, a fitness activity tracker that converts users’ steps to real money, has recently launched its native token Sweat Economy (SWEAT).
The project raised $13 million during its private token sale participated by some of the world’s biggest venture capital firms.
Sweatcoin users will now be rewarded using its native token SWEAT to give them a chance to earn bigger as crypto tokens can surge exponentially during days of high-demand.
But top analysts are not optimistic about SWEAT. Currently, Sweatcoin users are compensated with 1 SWEAT token for every 1,000 steps they make. As more users join the platform and produce steps for monetary compensation, Sweatcoin has to pay a higher production cost for steps.
To compensate for the imbalance, the platform will resort to paying users less for doing the same number of steps. The payment per 1,000 steps is expected to fall to 0.02 SWEAT by 2031.
As payment value declines, as do users’ motivation. This means Sweat Economy (SWEAT) is not here for the long haul.
Tamadoge (TAMA) is Just Another Memecoin
Another coin that’s been enjoying popularity lately is Tamadoge (TAMA). The project collected $15 million during its presale which closed earlier than target, making it one of the highly subscribed now coins in 2022 so far.
Tamadoge’s concept is similar to the popular 1990s game Tamagotchi where users breed, train, and put their pets on battles in exchange for rewards. These rewards come in the form of “Dogepoints” which can be exchanged for TAMA tokens.
Tamadoge (TAMA) may be too cute to resist, but reality shows play-to-earn projects have a huge chance to wipe off investors’ money in a snap, as what happened to Axie Infinity (AXS). Its lack of real-world use case makes it a risky investment to enter.
The Hideaways (HDWY): Is it a Stable Investment?
The Hideaways (HDWY) is a new crypto that’s been on the news for sometime now. Having seen it frequently in the headlines, we looked into its presale briefer to see what it’s all about.
The new project is in the luxury real estate business which shares the same idea as Real Estate Investment Trusts or REITs. It aims to acquire income-producing real estate properties whose monthly yields will be distributed back to investors.
Unlike REITs that return a small portion of their earnings to investors – only 5% in most cases, The Hideaways (HDWY) plans to give up to 100% of its yields to token holders. This means that as one of part-owners of The Hideaways properties, you will be entitled to receive a portion of its monthly rental collection, and this could be a great source of passive income.
The Hideaways (HDWY) is currently holding a presale for its native coin, HDWY, for $0.01 a piece. Check them out to learn more about the project:
Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
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What are the Different Types of Crypto Coins
Since 2009 when Bitcoin emerged as a completely new blockchain technology, thousands of new cryptocurrencies have been created. With more than 18,000 currently in circulation, the crypto market is challenging to decipher for a non-enthusiast. However, Bitcoin’s blockchain tech is open source, which has led to an influx of new digital coins.
On top of the traditional cryptocurrency, there are other types of crypto, like stablecoin. People buy Tether as the most popular stablecoin to store their assets as it is pegged with the US dollar, and unlike other cryptos, it is not volatile. The Crypto market also encompasses digital tokens, which are not the same as coins.
What are crypto coins and tokens
Typical cryptocurrencies like Bitcoin use their own independent blockchain. As a digital public ledger, information on each transaction has a unique hash which is added to a ledger. Blockchain is a decentralized network with peer-to-peer payments verified by other participants.
A digital coin is created on the blockchain and has properties like regular money. You can store value or use it as a payment method. However, digital coins are not backed by real-world assets, unlike fiat currency. As a result, most crypto coins have high volatility and huge swings in value.
Tokens are issued mostly as part of an initial coin offering. They are based on a blockchain or sometimes on decentralized finance projects. Tokens can be part of software applications or represent digital art, as in the case of NFTs. Unlike digital coins, tokens are created on top of a blockchain.
Types of cryptocurrency
Bitcoin started the crypto explosion, which led to a market cap of over $2 trillion for all the cryptos. The enormous numbers of crypto coins come from the straightforward way they can be created. Developers can take the source code and build their own blockchain. Slight differences in rules lead to new crypto.
The prime example is Bitcoin Cash, which allows more transactions on a single block of a blockchain. All other crypto coins not named Bitcoin are referred to as altcoins. Nevertheless, Bitcoin is still the leader in total market value, with more than double the market cap as the second-best Ethereum. Tether, Binance Coin and USD Coin follow the two most popular coins, but they are somewhat different.
Top crypto coins
Bitcoin was the first crypto. His blockchain technology found interesting applications outside the crypto market because of its security and other valuable properties. Bitcoin utilizes blockchain for transactions and payments and is not governed by a central authority like a Federal Reserve or bank. Unlike traditional money or credit cards, Bitcoin transactions are verified by the network, and you don’t need third parties. All transactions in Bitcoin’s history are part of a public ledger. As a result, you can send peer-to-peer transfers efficiently. The first crypto has some downsides, like substantial energy costs for mining which is the primary way of verifying transactions and getting new Bitcoins. The other is the incredible volatility of its value.
Ethereum is the second most popular crypto, and it will soon replace the proof-of-work concept with proof-of-stake through the event called The Merge. Ethereum will cut out the miners to reduce energy output and create a more efficient blockchain. Popular digital tokens NFTs utilize Ethereum blockchain. Ethereum has the second biggest market cap and is used as a software development sandbox.
Stablecoin are close to the top
One issue with cryptocoins is high fees when converting them into fiat currency. Investors are using other crypto coins to avoid this problem. Tether is the most popular stablecoin and is tied to the US dollar. It combines blockchain technology and the security of fiat currency backed up by a real-world asset. Although Tether is unsuitable for investment because of its flat value, it climbed to the top 3 in the market cap. Investors and crypto enthusiasts utilize Tether to facilitate asset trading without losing excessive weight in the process.
Binance Coin is another popular coin used on the Binance exchange platform. You can use it as a currency or a toke to pay fees on the exchange.
USD Coin is similar to Tether. As a stablecoin, its value is pegged to the US dollar and used on the Ethereum blockchain. Like Tether, USD Coin has back-up in real-world assets, and some in financial circles see it as more trustworthy.
Solana platform has SOL coin working similarly to Bitcoin. However, unlike the top two crypto coins, Solana can perform a considerable number of transactions per second, up to 50,000.
Cardano blockchain is sometimes called a 3rd gen crypto because it splits blockchain. The two-layered network increases speed and has native tokens for its ADA coin.
Ripple network aims to help international payments, and it’s often referred to as crypto for banks. XRP coins are developed as a bridge between different currencies for a more affordable and faster global transfer.
Continuous development
Some cryptocurrencies started as a joke, like Dogecoin. As it’s still created on a blockchain with valid properties, it became a viable asset on the market. At one point, Elon Musk promoted Dogecoin. Litecoin was one of the first to join the crypto market. It is still around but never reached Bitcoin or Ethereum status. New cryptos are still created despite the considerable volatility. Outside of the digitalized coins, blockchain and technology are finding new ways to utilize its incredible features.
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Best Crypto Coins to Have This Crypto Winter
The worst nightmare for every investor is to be in the middle of the so-called crypto winter. The value of Bitcoin is going under $20,000, and it is losing its value constantly, Ethereum has also suffered a hit, and basically, every coin that the investors were always focused on is going through issues. We are noticing that the bear market is in full power now, which means that there is a noticeable decline caused by the current happenings in the world. Even though we don’t know when the crypto winter will cease, we can say with certainty that not all is lost!
Top 6 Crypto coins to buy this winter
Despite having a difficult situation on the market, there is definitely more to look forward to because we are noticing a huge interest in a few coins that are attracting an enormous number of investors lately. The coins we are talking about are:
- Tamadoge (TAMA)
- Battle Infinity (IBAT)
- Lucky Block (LBLOCK)
- DeFi (DEFC)
- Tether (USDT)
- Bitcoin (BTC)
>>Buy The best Crypto to invest in<<
We will make sure to include the most essential information about each one of these coins, so you can get a clear idea of how you could get the most out of this situation.
1. Tamadoge (TAMA)
Tamadoge (TAMA) is a true surprise on the market because it is one of the most popular coins on presale at the moment. TAMA is a meme coin, and it is already compared to Dogecoin and Shiba Inu, but as far as we can see, it could easily outperform them soon. Tamadoge managed to raise more than 11 million dollars in a matter of weeks with its interesting concept. There is an ongoing presale right now, and each phase of the presale means that the price will go up, which is especially interesting for the investors who took the plunge and invested early on.
Tamadoge is a play-to-earn platform where the players will be able to buy, nurture and battle other pets. The battles will bring Dogepoints to the owners, and the number of points will determine the place on the leaderboard. One of the reasons for the popularity of Tamadoge is the fact that every pet will be represented by NFTs, which will bring additional gains to the owner if one decides to sell them on the market.
It is one of the fastest-selling coins this year, with the stages of the presale getting finished a lot earlier than expected. Currently, the investors can get 40 TAMA FOR 1 USDT (Tether). The total supply of coins is 2 billion, but only half will be available during the presale. TAMA is a deflationary coin, and that will consequently reflect on the price, which will go up once one portion of the coins gets burned. Some experts believe that the price of TAMA will explode in the near future once it gets listed on the exchanges, and judging by the pace at which the tokens are being sold, there is little time left to buy it at an affordable price. If you wish to jump on this train, here are the steps to do it:
- Step 1 – Set Up a Crypto Wallet: Set up a crypto wallet, such as MetaMask or Trust Wallet, so you can store your Tamadoge tokens after purchase.
- Step 2 – Acquire ETH or USDT: Acquire some ETH or USDT to fund your Tamadoge purchase.
- Step 3 – Connect Wallet to Presale: Head to the Tamadoge website, click ‘Buy’, then click ‘Connect Wallet’ to link your wallet to the presale dashboard.
- Step 4 – Buy Tamadoge: Enter the amount of Tamadoge crypto coins you’d like to purchase (10,000 minimum) and click ‘Convert ETH’.
- Step 5 – Claim Tamadoge Tokens: Once the presale has concluded, you can collect your Tamadoge tokens by clicking the ‘Claim’ button on Tamadoge’s website.
2. Battle Infinity (IBAT)
Once you start looking for the best coin to invest in, Battle Infinity (IBAT) must be on top of your priority list. Battle Infinity is a platform where the players are able to choose the fantasy sport to play but also dive into the Metaverse space and see what it has to offer. Not only that but there is also a range of services and products that will contribute to the overall experience that the players will get a chance to enjoy.
Battle Infinity functions on the play-to-earn principle, which means that you will get to earn while you enjoy your favorite sports and communicate with other players. This platform has enormous potential, and it is recognized as the successor of Decentraland, Axie Infinity, and Sandbox. It is fully checked on CoinSniper and Solid Proof, which only adds to the overall appeal that Battle Infinity has.
All the assets and digital items are fully owned by the players, which means that they can be bought or traded as NFTs on the market, according to the wishes of the player. In addition, there are also prizes that the player can get in the form of IBAT tokens. IBAT has been recently listed on PancakeSwap and soon after on LBank, which has already been reflected in its price. Since it is easily accessible to investors, the prices are going up. All the investors who want to see gains pretty soon will find Battle Infinity very interesting because of its enormous potential making it a perfect choice for investing during the crypto winter.
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3. Lucky Block (LBLOCK)
Lucky Block is a platform that has been attracting lots of attention lately for multiple reasons. The native token of the Lucky Block platform is called LBLOCK, and there are two versions of it: LBLOCK V1 and LBLOCK V2. The first one is built on the Binance Smart chain, while the latter is built on Ethereum. The first version of the token was created with the intention of trading easily on decentralized exchanges.
There has been an announcement that LBLOCK will be listed on Gate.io on September 12th, which will surely impact its price. From the moment LBLOCK appeared on the market until now, its value increased by 7000%, which only adds to the overall interest of the public in these tokens. One of the reasons for the increasing Lucky Block popularity is the Ethereum bridge that will enable investors to easily exchange V1 and V2. The bridge is planned to become available this September, and we are sure that it will attract enormous attention.
There is also the Lucky Block Platinum Rollers Club NFT collection that is especially attractive because of the lucrative prizes that the holders can get, such as Lamborghini, Bitcoin in the amount of $1 million, and many others! What is even better – the holders don’t need to do anything complicated to be eligible for the prizes, the only condition is owning the NFTs. The NFT collections will be minted for every prize. With only 10k NFTs in the collection, the exclusivity is guaranteed, and the fact that the NFT holders can get prizes daily is certainly a good reason why investors have Lucky Block in mind when looking to invest during the crypto winter.
>>>Buy Lucky Block on Lbank<<<
4. DeFi (DEFC)
In the first quarter of 2022, there were more than $200 million locked in the DeFi (decentralized finance) projects showing just how big of potential this area of the cryptocurrency market has. It surely attracts the attention of all crypto investors because of its enormous potential. The price of the DeFi coin (DEFC) is reflecting a bullish influence in the last couple of weeks. With the current demand, the price of DEFC is showing a high potential for growth. Even though the launch of DEFC was a little bit rocky and followed by delays, it ended up being one of the best coins to invest in in 2022. Being a part of the DeFi Swap ecosystem, it can be used for yield farming, staking, and token swapping.
The investors who own DEFC benefit from its mechanism of static rewards, which means that every time a person sells or buys a DeFi coin, a 10% tax is levied. Half of the collected amounts get distributed to the remaining holders, which creates a steady passive income stream. With the growth of more than 47% in the DeFi sector, investing in DEFC certainly starts making sense, especially because of the affordable price that tends to rise. The prospects for DeFi coin are quite optimistic, and with the mobile version of DeFi Swap that is planned to be released soon, it will surely impact the price of DEFC as well. Having an app that can be accessed no matter the place will be an enormous step toward easier transactions, and it will also direct more attention to the DeFi coin as well.
5. Tether (USDT)
Tether is a stablecoin, and it has been present on the market since July 2014. It was known as the „Real coin“ because it aims to maintain the ratio of 1:1 with the US dollar. It was created with the intention of solving two big issues that the cryptocurrency had, and those are convertibility and volatility. So far, it has managed to retain the parity intended, except for the brief drop to 95 cents in May this year.
In theory, the price of Tether will always remain the same because it is backed by the official currency. This is why Tether managed to go through the turmoil earlier this year without any major losses. Because of its stability, it is a good choice for investing during the crypto winter if you are tired of the risks that come with Bitcoin and Ethereum. However, it is important to say that there is no significant return on investment that you can expect, but rather a store of value because of the previously mentioned parity.
6. Bitcoin
Despite the price drop and the volatility of Bitcoin, some investors simply like to feel the thrill that this coin brings. The first half of the year was extremely rocky for Bitcoin, and the price drop caused significant waves that influenced other coins as well. The price of Bitcoin at the moment is $19,705.78, and there has been a 0.44% drop in the last 24 hours. Some experts believe that Bitcoin will eventually reach $100,000 and perhaps go above $110,000 over the course of five years, which is why so many investors keep investing in it during this price drop and see it as a positive sign that it is time to invest. There have been some signs of stabilization lately, but Bitcoin is still not out of the woods just yet.
Conclusion
Despite having a crypto winter, there is still a lot to look forward to. The coins we have mentioned in our article stand strong on the market and show huge potential for the price increase. Seeing all the signs and investing in a timely manner means that your investment could pay off really soon. Hurry up and make the most of it!
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Terran Coin’s 50,000 TRR Airdrop Event Goes Live Today
Terran, the up-and-coming NFT platform and marketplace, has announced on Twitter that its 50,000 Terran Coin airdrop event will go live on September 2.
According to the post on Terran’s official website, users will be able to enter the giveaway of 50,000 Terran Coins (TRR) by following the simple steps laid by the blockchain platform.
The requirements provided include joining Terran Coin’s Telegram community and other social media accounts, as well as engaging with Terran’s social media posts by liking, retweeting, and replying to their pinned tweet, and tagging three friends. As detailed on the Terran website, users who participate in the airdrop will likely be able to win 5 TRR.
Terran, though relatively new in origin, boasts notable features, such as an eco-friendly and energy-efficient blockchain, being able to mint NFTs from images or videos, Dual Delegated Proof-of-Stake (DDPoS) consensus, and 300,000 transactions per second. Terran Coin (TRR) is the native cryptocurrency and utility asset of the Terran ecosystem.
Terran’s NFT minting platform works on its own blockchain and protocol that bolsters user-friendliness and efficiency. The minting platform allows users to kickstart their NFT business journey in hassle-free ways.
The blockchain used for Terran’s minting platform is called ‘Terran Chain’, and it employs a patented Dual Delegated Proof-of-Stake (DDPoS) consensus protocol. Terran also features its own NFT Marketplace. Through these three parts of the platform, users can mint any digital asset they wish for such as pictures, music, videos, video games, memes, GIFs, etc.
About Terran
Terran aims to spread awareness about the concept of NFTs as businesses. Additionally, Terran seeks to lower the barrier to entering the world of NFTs by creating an NFT minting platform and marketplace that will be most efficient and accessible for users.
Social media accounts:
🌐 Website | 🕊 Twitter | 🔔 Telegram | 🆔 Instagram| 🚹 LinkedIn|🔷 Facebook
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.