Dogecoin Becomes a Payment Option, Crypto.com Lists Shiba Inu Ecosystem’s BONE token, While TMS Network Concludes Stage 1 of the Presale Early
Cryptocurrency has become a prominent payment option for people living in certain regions. Moreover, brands are getting used to this evolving payment system. However, amid the crypto industry volatility, after seeing the public interest in it, one of the well-known companies listed a prominent crypto coin in their payment options.
In this article, we will look into the payment systems of Unstoppable Domains and the big move taken by crypto.com. Further, we will also discuss the presale stage 2 of TMS Network (TMSN), which has taken the crypto space by surprise.
Unstoppable Domains introduces Dogecoin (DOGE) into their payment options
A San Francisco-based company, Unstoppable Domains, connects Web2 to Web3 using blockchain domains and helps create a blockchain-enabled domain similar to the URLs. This simplifies the crypto wallet addresses that any human can understand.
This blockchain technology-driven company, whose payment methods only included Bitcoin (BTC), Litecoin (LTC), and Ethereum (ETH), has announced that they are expanding their cryptocurrency payment services to Dogecoin (DOGE). Thus, people can also purchase web addresses by paying in Dogecoin (DOGE).
The crypto payment expansion is the result of the growth graph of Dogecoin (DOGE). Dogecoin (DOGE) had shown an impressive price surge in 2021, which also included social media fame, celebrity endorsements, and more. The DOGE integration with Unstoppable Domains has been greeted by the Dogecoin community. Moreover, Unstoppable Domains is recommending its users purchase using Dogecoin (DOGE). However, in spite of this integration, Dogecoin (DOGE) has not been able to resist the decline in crypto markets lately.
Crypto.com welcomes Shiba Inu (SHIB) ecosystem’s BONE token
Helping investors manage all of their crypto investments in one place, crypto.com is one of the largest exchange platforms. It is a one-stop cryptocurrency platform with exchange offers of 250 different currencies that support investing, trading, staking, NFTs, wallets, and more.
This well-known crypto exchange has added a token, Bone ShibaSwap (BONE), from the Shiba Inu (SHIB) ecosystem. The move came after Shiba Inu’s (SHIB) BONE became a member of the top 100 cryptocurrencies by market capitalization.
However, the market cap of Shiba Inu’s (SHIB) BONE has been declining ever since. Moreover, the entire Shiba Inu’s (SHIB) market cap has decreased, dropping to the 104th position. In the past seven days, the market cap of BONE has declined by 19% to reach $363 million and is now trading at $1.58. Furthermore, the recent decline in the market has made investors apprehensive about Shiba Inu (SHIB). Thus, many investors are dumping Shiba Inu (SHIB), and other tokens from its ecosystem, in favour of a new project, TMS Network (TMSN).
TMS Network (TMSN) stage 1 of presale concludes early
As opposed to meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE), TMS Network (TMSN) provides real use cases. Aiming to bridge the other cryptocurrency trading platform limitations like lack of transparency, high trading fees, centralized control, etc, TMS Network (TMSN) is a decentralized trading platform. TMS Network (TMSN) allows the trading of digital assets, such as cryptocurrency, and Forex, under one roof.
The platform offers an efficient, transparent, and secure trading atmosphere with the best cloud-based solutions, on-chain analysis, lower costs, and faster transactions. All these features make it a favorite trading tool in the industry.
Within two weeks into the presale, TMS Network (TMSN) has seen enormous success by raising $500K. The price of TMS Network (TMSN) token has surged from $0.003 to $0.038.
According to sources, investors can gain an additional benefit of 20% by buying TMSN in March. With an open eye to helping investors become productive, TMS Network (TMSN) has an opportunity to become a to-go platform for traders. Moreover, it is acting as a hedge against assets like Shiba Inu (SHIB) and Dogecoin (DOGE) in this declining market.
Conclusion
Unstoppable Domains have listed Dogecoin (DOGE) in their payment options in a drive to expand their cryptocurrency payment systems, while the market capitalization of Shiba Inu’s (SHIB) BONE has started declining since crypto.com added it to their exchange platform.
Furthermore, TMS Network (TMSN) has seen massive growth by generating $500K in just two weeks into presale.
For more information on TMS Network (TMSN) please see the links below:
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Lido Dao Stabilizes Amidst Volatility, Binance Avoids US scrutiny, while TMS Network Culminates Presale stage 1 early
The year 2023 presents several promising prospects for investors to regain their financial losses. Among the noteworthy ventures garnering attention is TMS Network (TMSN). This project has recently commenced its presale, and has witnessed an unprecedented surge in demand. TMS Network (TMSN) prides itself as having the most cutting-edge decentralized trading hub that serves multiple purposes. However, the question remains if it can hold its ground against established coins such as Lido DAO (LDO) and Binance (BNB). Keep reading to discover more.
Lido Dao (LDO) Stabilizes Amid Volatility
Lido DAO (LDO) is a decentralized platform that offers a secure and reliable solution for staking Ethereum.
Lido DAO (LDO) is a widely recognized liquid staking solution designed to improve the Ethereum blockchain. Lido DAO (LDO) offers users the ability to stake their ETH without any minimum deposits, and without the need to manage infrastructure.
Lido DAO’s native token, LDO, has demonstrated consistent growth since the beginning of 2023.
With the expanding significance of staking in the Ethereum network, and the increasing popularity of decentralized finance (DeFi), Lido DAO (LDO) is well-positioned for continued success, particularly with the upcoming Shanghai upgrade.
Lido DAO’s (LDO) current price is marked at $2.74, and is expected to improve further.
Binance (BNB) Avoids U.S. Scrutiny for Regulated Crypto Exchange
Binance (BNB), a prominent global cryptocurrency exchange, has taken measures to mitigate the risk of facing legal action from US authorities by establishing a US-based entity in 2019, according to the Wall Street Journal.
Since 2020, Binance (BNB) has been under investigation by the Department of Justice and Securities and Exchange Commission regarding its relationship with Binance.US.
According to sources familiar with the matter, subpoenas have been issued in this regard. If the US regulators find that Binance (BNB) has control over its US entity, they may claim the authority to monitor its entire business.
In response to the issue, a Binance (BNB) spokesperson stated in an email to Reuters that they have acknowledged the lack of adequate compliance and controls during the early years. However, they emphasized that the company has undergone significant changes in terms of compliance.
The increasing scrutiny on Binance (BNB) is evident from the recent request by three US senators demanding regulatory compliance and financial information from Binance (BNB) and Binance.US.
As per Reuters, Binance.US was created as an indirect subsidiary to shift the attention of US regulators away from Binance.com.
TMS Network (TMSN) Begins Presale
In the highly competitive world of cryptocurrency, establishing a strong reputation can prove to be a formidable challenge. Nevertheless, TMS Network (TMSN), a decentralized exchange, has succeeded in capturing the attention of investors through its impressive trading solutions. With $2.5 million raised in both public and private funding, TMS Network (TMSN) demonstrates remarkable potential.
The appeal of TMS Network (TMSN) lies in its decentralized structure, which is built on the Ethereum blockchain. This provides users with exceptional security, transparency, and immutability.
Additionally, TMS Network (TMSN) offers competitive trading fees and revenue-sharing rewards that empower traders to maximize their profitability. These features have generated considerable excitement among investors, and makes TMS Network (TMSN) a worthy choice to invest in.
So, here’s the scoop: Lido DAO (LDO), Binance (BNB), and TMS Network (TMSN) are all crypto coins that are turning heads in the blockchain world. Thus, there’s a good chance their value could skyrocket in 2023 and keep climbing after that.
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Morgan Creek CEO Predicts Early Start To Bitcoin’s Bull Run; Here’s Why
The year 2023 has started off relatively well for the cryptocurrency industry. The market appears to be recovering from the unprecedented FTX collapse, with major token prices beginning to rise. BTC, one of the major tokens, is now worth $23,335; significantly higher than $16,547, which was its price at the end of 2022.
The community is optimistic and anticipates further gains in the crypto industry across various tokens. Here’s what Yusko has to say about it.
What is Bitcoin halving and when is the next one?
The Bitcoin halving occurs when the reward for Bitcoin mining is cut in half. Every four years, the amount is halved. The halving policy was incorporated into Bitcoin’s mining algorithm to combat inflation by preserving scarcity. In theory, a slower rate of Bitcoin issuance means that the price will rise if demand remains constant.
Given that new Bitcoins are mined every 10 minutes, the next halving is expected in early 2024, when a miner’s payout will be reduced to 3.125 BTC.
Mark Yusko’s prediction for BTC
According to Mark Yusko, founder, and CEO of Morgan Creek Capital Management, Bitcoin’s bull market will likely begin sooner than expected due to anticipation of the BTC halving and favorable macroeconomic conditions.
Yusko believes that the next crypto bull run, or “crypto summer,” could begin as early as the second quarter of this year due to a combination of dovish central bank policies and the anticipation of Bitcoin halving.
While the Federal Reserve of the United States is unlikely to cut interest rates anytime soon, markets, according to Yusko, tend to anticipate the Fed’s decisions. That means that even a slowing or halt in interest rate hikes would be interpreted as a sign of an impending pivot. This would create a positive dynamic for all risk assets, including cryptocurrency.
What’s Elon Musk’s POV?
Elon Musk, in a separate Twitter post, stated that if the Fed raises interest rates, the chances of a recession intensify. According to the post, “if the Fed raises rates again next week, the recession will be greatly amplified.” Elon Musk predicted that the recession would last until the spring of 2024.
Evidently, this is in stark contrast to Yusko’s opinion.
To conclude
In general, Bitcoin halving is regarded as a good economic model because it exerts disinflationary pressure on the digital currency, allowing it to appreciate in value over time. Yusko predicts that halving can be beneficial for the prices of cryptocurrency and help the market.
It’s exciting to see differing perspectives and potential outcomes for the crypto market. We would love to hear your thoughts and opinions on the matter.
Shiba Inu Plummets: Early Investors Cash Out, Will the SHIB Price Recover?
Despite a recent bearish wave brought on by the broader market headwinds, Shiba Inu (SHIB) has managed to maintain stability above its key support levels. Bullish sentiments on Shibarium have dwindled as a result of the recent lack of noteworthy updates, leaving the asset vulnerable to bearish swings.
Important advancements in the L2 network’s development have come to a standstill this week, leaving SHIB to the general market trend. EMAs are nonetheless often bullish, and the asset is currently trading above the 100-day EMA.
The Shiba Inu coin saw a U-shaped recovery from the 0.0000079 support during the cryptocurrency market’s recovery at the start of the new year. This bullish turnaround has propelled the coin 50% higher in the last three weeks, where it is now trading at the $0.0000119 level.
The R2 and the 200-day Simple Moving Average (SMA), which operate as stabilizing factors close to $0.00001100, support the price movement. The release of US GDP data later on Thursday afternoon could serve as a catalyst. If this happens, Shib would quickly fall toward $0.00001000 in search of support. Due to the overwhelming demand, Shiba Inu’s buy-side volume would skyrocket and swiftly pierce the green ascending trend line towards $0.00001511.
What is the Shibarium bridge?
Shibarium, a Layer-2 scalability platform, is currently being developed by the Shiba Inu developers. The team behind the cryptocurrency project is also developing a bridge that will enable users to transfer assets between Ethereum and Shibarium.
SHIB Knight revealed information and specifics on a brand-new meme-based cryptocurrency initiative that aims to increase the usefulness of Shibarium. Shibarium Bridge will be developed by the Kai Ken Inu team, according to SHIB Knight’s tweet. Kai Ken Inu is the group behind the community-focused project.
Bitcoin Price Analysis: Bullish Continuation Signals, BTC in Early Bull Phase!
After maintaining a consolidated trend for a couple of days, Bitcoin again regained the lost levels above $23,000 in the early trading hours. The bulls, who were accumulating gains without inducing buying pressure, quickly uplifted the price when the bears fell weak for some instance. On the whole, the BTC price is believed to be at the foothill of a massive explosion that could ignite a massive bull run in the coming days.
The BTC price in the short term was trading within a bullish ascending pennant, but the recent bearish pressure dragged the price lower, slicing beyond the lower support. In the meantime, the rounds of the bears reclaiming their dominance to squeeze the rally were outspread. However, the bulls jumped back in action and temporarily invalidated the bearish trajectory.
The current trade set-up indicates that star crypto is poised to maintain a notable upswing. As per Ki Young Ju, the CEO of an on-chain data provider, Crypto-Quant, Bitcoin entered into the early bull phase.
The CEO lists some of his observations due to which, it is evident that the current pullback is part of the star crypto preparing for a massive bull run ahead. The analyst referring to the Crypto-quant bull-bear indicator says that BTC is trading within an early bull run phase. The levels in the above-mentioned chart have rebounded from negative levels and heading toward the positive range.
Each time, the bullish divergence was recorded, the BTC price underwent a significant upswing to mark interim highs. Besides, the BTC price is also speculated to follow traditional assets like Gold. DXY, etc. The price trend is following the pattern Gold or DXY has undergone earlier. Hence if it follows the upswing the traditional assets followed, then a BTC price is believed to rise beyond $30,000 in the coming days.
CIP-30 To be Activated on Cardano Soon, Solana Re-Enters Top 10 Digital Asset, Snowfall Protocol Early Investors To Profit Over 5000%
The crypto market has been in a positive cycle lately, with many tokens seeing instant price gains. However, it is yet to be seen if tokens such as Cardano (ADA) and Solana (SOL) will be able to maintain their high growth rates for a long time. On the other hand, some newly launched tokens like Snowfall Protocol (SNW) have been growing consistently since launch. In this article, we will discuss what makes Snowfall Protocol (SNW) stand out from pre-existing and well-known tokens like Solana (SOL) and Cardano (ADA).
Cardano (ADA) developer discloses plans of CIP-30
A developer and contributor to the Cardano (ADA) crypto ecosystem, Adam Dean, has shared the specifics of his work on CIP-30. To connect crypto asset storage with decentralized applications, hot wallets based on Cardano (ADA) need the functionality of web page interaction, which may be achieved with the help of the proposed Cardano (ADA) enhancement. WooCommerce is the most popular e-commerce platform, and now Cardano (ADA) Mercury can be used as a direct payment channel between customers and business owners.
On the price front, Cardano’s (ADA) recent analysis shows that after a strong bullish period, Cardano (ADA) is trading at $0.36. After a few days of ups and downs, the price is 11% higher than it was earlier this week when it hit a high of $0.31. However, technical analysis suggests that the price might fall in the foreseeable future. Cardano (ADA) is still 78% below its price in January 2022, and it will take a long time for the cryptocurrency to recover.
Solana’s (SOL) dramatic price increase may fade soon
After a seven-day surge that saw its value increase by more than 70%, Solana (SOL) got ahead of Polygon on January 15, pushing it to the tenth spot on CoinMarketCap’s list of top crypto assets by market cap. Solana (SOL) returned to the list pushing other well-performing tokens below, especially after the FTX collapse of 2022. The sentiment toward Solana (SOL) appears to have turned positive again, as its price has increased by roughly 135% since the start of 2023.
In the past week, the market value of Solana (SOL) has risen from $5 billion to nearly $9 billion. Further, Mamba, the co-founder of the Solana (SOL) project, stated that believers in the token’s progress bought the coins, leading to a dramatic price increase in just 15 days. The growth of Solana’s (SOL) ecosystem was paralleled by the birth of a new meme coin, Bonk Inu. Solana (SOL) is still much behind its all-time highs and the token’s future depends upon the overall investor interest, which may fade over time.
Snowfall Protocol (SNW) wins in terms of price gains
Though the market was experiencing a dip, Snowfall Protocol’s (SNW) value has been steadily increasing. Snowfall Protocol (SNW) has performed very well since it was launched in the crypto market, and investors have been keen on finding what’s next for the revolutionary token. Despite the decentralized system not yet being live, investors of Snowfall Protocol (SNW) have seen remarkable returns of 500% since the token’s first presale phase.
The final Stage of Snowfall Protocol’s (SNW) presale is presently active, and the token is being offered at a 400% premium over its Stage 2 prices. Snowfall Protocol (SNW) is an attractive investment due to its low price of $0.191, and the benefits it provides its users. Snowfall Protocol (SNW) is set to launch on February 3. In the months following the coin’s launch, investors may witness profits exceeding 5000% of their initial investment.
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Bitcoin to Reach Beyond $32,000 During the BTC-Halving in 2024! Is the Bull Market in its Early Stages?
Bitcoin price maintains its bullish streak as it recorded a notable spike of nearly 7% during the past trading day, rising the price levels beyond $19,000. While the price underwent a minor rejection and dropped below these crucial levels, the probability of resuming a decent uptrend appears to be imminent. Moreover, the bull run still appears to be in its initial stage and may consume more time than required to gain the required pace.
After the crypto markets withstood multiple tremors throughout 2022, the majority of the cryptos appear to have become more stringent. Bitcoin price after the parabolic recovery from the losses incurred due to the FTX collapse shed light on its potential and also contradicted the predictions of a 4-digit figure by the mid of Q1 2023.
However, only in case of an extreme bearish event, wherein yet another huge platform collapses, BTC price may still go to that level, which is largely unlikely at the moment. One of the popular analysts, Plan B who was stuck up with his prediction, has now emerged with a fresh timeline for the star crypto.
The analysts, much before the beginning of the 2021 bull run predicted the BTC price to reach $100K in the near future. Meanwhile, while the bearish action prevailed within the space, he continued to propagate his idea and his prediction.
Presently, he believes that the prices may reach beyond the upcoming Bitcoin halving which is scheduled to happen somewhere in April 2024. Post to which, the upswing may turn into a bull run that may escalate the price beyond $100K
Besides, the fear of the revival of the bearish trend still continues as the monthly RSI is still oversold and has not reclaimed the previous bear market values of 2015 & 2018. Therefore, even if Bitcoin is turning macro bullish, it’s still a very early trend as a couple of pullbacks may be registered in the coming days.
Top Traders Who Bought Solana Early, Investing In ICOs Like Oryen Network (ORY)
As cryptocurrency technology continues to advance and more people are looking for ways to diversify their investments, many investors have taken notice of the presale of Oryen Network (ORY). ORY is a staking platform that aims to simplify the complex staking process and make it accessible to everyone. It recently released the beta of its platform, which shows the first look at its staking pools, the OryenSwap, and much more. ORY has returned astonishing gains for early buyers since the start of the presale, which has led to it being mentioned in news headlines and discussed among various communities, including being listed as one of the best DeFi coins.
Solana (SOL)
Solana (SOL) is a blockchain-based protocol with similar features and capabilities compared to ORY. SOL was launched by a team of experienced software engineers and entrepreneurs who had previously worked at well-known companies such as Qualcomm and Dropbox. The platform was designed with scalability in mind and can deliver up to 50k transactions per second with consistent latency. In addition, SOL tokens can be staked for rewards within the network or used for paying transaction fees.
Oryen Network (ORY) Presale
The opportunities provided by investing in ICOs like Oryen Network (ORY) have caught the attention of some top traders who saw potential in these projects from the outset. Prominent traders like Steven Clarke, Jim Crypto, and even Reddit’s infamous WallStreetBets members bought into SOL during its early days due to its low price point – which attracted investors looking for big returns on their investments. Since then, SOL has seen massive growth, thanks to increased outreach by active members and investors spreading the gospel within the decentralized finance (DeFi) community.
Final Thoughts
There is no doubt that blockchain technology will continue to evolve over time, providing innovative solutions that can be implemented across different industries. For those looking for an opportunity to get involved in emerging technologies such as ORY or SOL, now may be a perfect time due to market sentiment at an all-time low – making it likely that ORY will launch into a new macro uptrend once it hits exchanges such as PancakeSwap and KuCoin. Ultimately it’s up to each investor’s individual risk preferences when deciding whether or not they want to invest in ICOs. However, those who bought in early on ORY and SOL seem to be reaping benefits from their decision thus far!
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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!
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Bitcoin Above $17,000 Again-This Could be the BTC Price in Early 2023?
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Bitcoin price is displaying significant strength since the early trading hours as it continues to sustain above $17,000
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The BTC/USDT pair is presently eyeing more gains above $17,400 and the $17,500 resistance levels
The crypto space is turning to be slightly greener as the majority of the tokens have been trading towards the north. The fresh increase above the pivotal levels at $16,850 and $16,900 levels resulted after the token broke above the bearish trend line. Star crypto has been constantly trying to reach and sustain beyond $17,000 for quite a long time.
However, the BTC price has now flashed bullish signals which indicates that the price may now leap long beyond $18,000 soon!
Bitcoin Price 2023 – Long Term Analysis
- Bitcoin price has been trading within a falling wedge since the beginning of the year 2022, while multiple factors fueled the bearish rally
- Presently, the rally appears to have reached the pinnacle of the consolidation which is considered a bullish indicator as the price could slice through the resistance anytime from now
- Further, maintaining a significant upswing, the BTC price may continue testing higher levels and eventually reach not only above $20,000 but surpass $21,500 in the first few days of 2023
Bitcoin(BTC) Price Analysis – Short Term
- Bitcoin underwent a giant move in the early reading hours gaining more than 3% in its value to reach daily highs at $17,300
- However, the price is consolidating within a bullish flag, sustaining above $17,000 and hence flashing the possibility of slicing through the consolidation and surging high
- The Bitcoin (BTC) price is expected to test and clear the crucial resistance at $17,400 before the day’s end to validate the rebound and ignite a firm upswing with a target to reach beyond $21,500 before the end of 2022.
Early Investors Already 3X During Ongoing Oryen Network Presale
Initial Coin Offering (ICO) has become a popular way new DeFi projects raise their capital. On that note, many crypto projects are being rolled out for presale as they are considered a potential goldmine for investors and developers. For example, Oryen Network is one of the latest preselling platforms that has gained popularity with a 3X jump in price.
Curve (CRV)
Curve (CRV) is a decentralized exchange that provides liquidity and DeFi services to stablecoin users. It is a non-custodial platform where investors are in control of their assets. In addition, it provides multiple liquidity pools for investors to choose the one that suits their strategy. It also allows investors to hold their assets for a long time.
It charges a low fee for swapping stablecoins; however, it is highly dependent on the Ethereum blockchain, a chain known for high transaction fees. It is fully decentralized but could be more user-friendly as it requires general knowledge of the platform and crypto.
VeChain (VET)
VeChain is a crypto platform based on the Ethereum blockchain that improves business operations on blockchain technology. The primary token, VET, produces another token, VTHO, issued for all smart contracts and transactions on a blockchain network.
The platform uses real-world cases to provide chain problems with solutions. In addition, it partners with major business cooperations such as Oxford University, BMW, DNV-GL, and many others. As a result, its developers have a technical preparation for the cross-chain operability it is planning to facilitate.
Oryen Network
Oryen Network is a staking platform that provides valuable utilities to the holders of its token ORY through its Autostaking Technic (OAT). It is among the new crypto platforms catching the interest of many in the industry. It is in its early development stages but has drawn the attention of major investors in Crypto.
The platform has grown its fame by giving tremendous and consistent returns to its new investors. It also gives Oryen investors a 90% fixed APY on their ORY token. In addition, it establishes a liquidity reserve known as the RVF (Risk-Free Value) wallet and improves the liquidity pool.
Final Thoughts
Investors opting for Oryen Network believe it is the missing link to complete the services offered by Curve and Vechain. If you haven’t acquired your $ORY token, this is the right moment to join before its official launch when the prices are anticipated to Skyrocket.
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.
Oryen Network Likened To The Early Days Of Pancakeswap And Venus Protocol
Oryen Network, a new cryptocurrency, is surpassing the majority of the market and is rapidly skyrocketing in price and performing better than successful altcoins such as Pancakeswap and Venus Protocol.
A new decentralized finance (DeFi) initiative called The Oryen Network is attracting much interest. The project shares many similarities with Pancakeswap (CAKE) and Venus Protocol (XVS), and it has the potential to be a significant player in the DeFi arena.
Oryen greatly exceeds Pancakeswap & Venus Protocol, which both provide APYs of 10–20%, by giving a fixed APY of 90%. Oryen is a superior option overall since it offers investors a less complicated investment method than any of its rivals.
Pancakeswap (CAKE)
Pancakeswap, the most well-known decentralized exchange on the Binance Smart Chain, attracts yield producers from all over the world. CAKE is its native token. Investors may expect to make good returns from PancakeSwap’s primary liquidity pools.
CAKE Holders can stake and make passive revenue. Because Pancakeswap employs proof of stake to secure transactions, there is a good level of safety in the protocol. However, the APYs fluctuate, meaning it is harder to judge returns than with Oryen.
Oryen Network (ORY)
Oryen Network is already making ripples in the market. Despite the project still being in its early phases, numerous significant companies in the industry have shown interest in it.
Oryen Autostaking Technic (OAT), the network’s proprietary function, is the main driver for the success of ORY so far. It ensures that every ORY holder receives their regular rewards, paid out every 60 minutes. It is a fantastic way to build on investors’ already existing wealth.
The APY generated by the protocol is supported by a wallet that accumulates value from trading activity, meaning that users can feel safe in knowing their assets have value to support it.
Its best quality is that holders of Oryen don’t have to do anything to get their money. Simply purchase a few ORY and put them in your wallet. Automatic staking of tokens takes place, and rebase rewards are airdropped back into the wallet of the holder right away, something that Jim Crypto was keen on and earned Oryen Network a place on the Top New Cryptocurrency list.
Venus Protocol (XVS)
Venus Protocol is a money market protocol that was hard forked from Compound and MarkerDao in the past.
Venus is a borrowing and lending protocol, so users may lend their assets to others in exchange for fees or if leveraging is your objective, the other way around.
Venus has the Reserve Factor, which measures the amount of interest accrued in the Reserve Pool to safeguard lenders from liquidation for further stability. The rewards for staking in Venus are meager when compared to Oryen Network.
Last Thoughts
Analysts believe that there will be more potential for greater gains with Oryen. Early investors are conscious of this as they are responding quickly to it, with the launch price confirmed to be more than twice as high as current pricing. Automatic staking will be the greatest method to earn money with it after the launch takes place.
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.
Oryen Network guarantees 90% APY and entices early backers of Polygon, Dogecoin, and Big Eyes communities
The past few years have been outrightly abnormal when investing in crypto. We’ve seen the rise and fall of Bitcoin, Ethereum, and a host of other digital currencies. As a result, Crypto investors are always on the lookout for high-potential projects in the crypto space, given that these projects have the potential to generate high returns.
The Oryen Network is a new DEfi platform that is quickly gaining buzz in the crypto community. The project has already enticed early backers from the Polygon, Dogecoin, and Big Eyes communities with its promise of up to 90% APY. Although it is still in its early stages, the project has the potential to disrupt decentralized finance with its high yield and unique auto-staking mechanism.
What is Oryen Network, and why is it so popular?
ORY has been described as the next generation of DeFi platforms. The project aims to use the power of its auto-staking mechanism to create the highest-yielding stablecoin, ORY, as it claims to be able to give out a return of 90% APY for all its users. In addition, SolidProof audits the project’s smart contract, and the network is currently the fastest platform to distribute rebase rewards directly into a trader’s wallet.
Furthermore, the platform has its in-built risk-free value (RFV) wallet that supports the token’s price during market fluctuations and prevents it from devaluation. The project is currently in the fourth phase of its ICO, and analysts predict it will continue its strong momentum by giving its investors huge returns.
According to a video review by Jim Crypto, this project is “promising” and will revolutionize the crypto industry. Even Safemoon whale Steven Clarke feels the same and has stated that Oryen will be among the top crypto projects in 2022. You can check the table below if you’d like to know about its bonus and presale schedule.
| Presale Session | Date | ORY Price | Purchase Bonus |
| Presale 2 | 02 Nov — 09 Nov | $0.1 | 10% |
| Presale 3 | 09 Nov — 16 Nov | $0.11 | 9% |
| Presale 4 | 16 Nov — 23 Nov | $0.12 | 8% |
| Presale 5 | 23 Nov — 02 Dec | $0.15 | 7% |
| Presale 6 | 02 Nov — 09 Dec | $0.175 | 5% |
| Presale 7 | 09 Nov — 16 Dec | $0.21 | 5% |
| Presale 8 | 16 Nov — 23 Dec | $0.25 | 5% |
| Presale 9 | 23 Nov — 27 Dec | $0.3 | 0% |
Polygon’s Rise
Polygon has been dubbed as a better alternative to the Ethereum blockchain, as it is a more secure and stable platform. It is a layer-2 blockchain that aims to provide users with faster transactions and lower gas fees. Its native currency, MATIC, is a governance token that can be used to vote on changes to the network and pay transaction fees. MATIC’s price skyrocketed after the platform announced its partnership with Meta, but it could not sustain it because of the recent market crash. Since then, crypto whales who once invested in MATIC are now looking for other opportunities to invest in, like Oryen.
Will Dogecoin usher in a new era of meme coins?
Dogecoin was launched in 2013 as an alternative to traditional cryptos like bitcoin. It started as a whimsical project to satirize the crypto industry but quickly gained a following in the world of social media. It has strong support from Reddit and Twitter communities, and although it has lost most of its market share, the project has laid down a foundation to grow and thrive in the coming years.
Understanding Big Eyes (BIG)
Big Eyes is also built on the Ethereum blockchain and is a community-driven project that aims to unite users worldwide by introducing new NFT projects. In addition, the meme coin believes in sustainability and has promised to donate some of its native BIG tokens to a charity project supporting ocean conservation.
Key Takeaways
Oryen’s revolutionary auto-staking mechanism has propelled the platform to become one of the most promising projects. The community-driven project is set to outpace other altcoins, and it has the potential to offer many income opportunities for crypto enthusiasts.
Learn More Here
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
150% Price Increase During Oryen Network Presale Is Just The Start, Analysts See Similarities To Early Dogecoin And Polkadot
Not a lot of projects can boast of a 150% price increase in a short period of time. However a particular project goes against all odds and drives monumental results, and it’s just the start for the new top DeFi contender.
Oryen, a developer-based protocol, is paving a new path in decentralized finance by empowering its network of investors with the highest returns the crypto space has ever seen. Market analysts observe similarities between crypto projects and likens Oryen to early DOGE and Polkadot.
Oryen (ORY)
Oryen offers an alternative system in DeFi to earn passively in a sustainable fashion and on a long-term basis. Through a sophisticated protocol called OAT – Oryen Autostaking Technic, Oryen provides predictable and fixed yields via its native token, ORY.
The OAT protocol employs a straight-forward method to generate value for ORY holders. Basically, by allowing holders to store their ORY tokens in their wallets without moving them, Oryen mitigates risks for its investors and guarantees amazing returns on their holdings.
To ensure a fair and transparent distribution of rewards, Oryen uses a positive rebase formula to send rebase tokens straight into ORY holder wallets at the rate of 0.177% daily. With Oryen’s auto-compounding feature, holders can earn an annual passive dividend of 90% APY. The possibilities of such rates are extraordinary, it’s no wonder, Darryl Boo, a huge crypto investor shares his excitement over the amazing benefits of Oryen in his video review.
Dogecoin (DOGE)
Dogecoin is the first meme coin that was created for a rather different purpose in 2013. As at that time, other complex cryptos were hard to understand. Dogecoin was then created as a payment system, with its native token, DOGE. DOGE facilitates exchange between traders and its protocol operates on Scrypt functionalities, hence its timely transactions.
Polkadot (DOT)
Polkadot is a decentralized blockchain that enables cross-chain features. Multiple blockchains can be easily integrated with Polkadot to allow transfer of any type of data, as well as any token. Its native token, DOT was released at the launch of the initial block of Polkadot and it’s used for peer-to-peer transactions.
Conclusion
Oryen is currently in its fifth presale phase, with tremendous investment participation from both early and new investors. It is pretty obvious that they’re bagging profits only made possible through Oryen. The ongoing presale comes with an added bonus to further incentives staking experience for every ORY holder.
Learn more here:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
Oryen ICO Generates 140% Profits For Early Buyers, Outperforming DOGE And SHIB Gains Combined
Oryen ICO has been experiencing a tremendous price change thanks to the support from the team at Oryen Network. Even while economic downturns are worrisome, there are still excellent opportunities to gain income in the future. All you need to do is buy, hold and let your ORY get auto-staked for you once it’s launched.
The secret is patience: Buying when people are afraid delivers amazing rates on effective ventures. Even if DOGE and SHIB are already well-known, ORY offers a chance to get involved with a project with great potential for success in the near future.
DOGE
Based on the well-known “doge” Internet meme, Dogecoin (DOGE) has a Shiba Inu as its logo. Dogecoin’s proof-of-work methodology differs from Bitcoin’s in a few ways, one of which is the use of Scrypt technology.
On Reddit and Twitter, Dogecoin has mostly been used as a tipping system to encourage the creation and sharing of high-quality content.
SHIB
Shiba Inu intends to be the Scrypt-based mining algorithm for Dogecoin on Ethereum. Shiba Inu’ SHIB token is one of several digital currencies with canine themes. Investors who missed the Dogecoin surge from 0.0002 to almost 0.75 USD have shown interest in this lower-valued currency.
Oryen ICO generates 140% profits for early buyers
The early bird catches the worm, right? That’s the same thing that happened to the early buyers of the Oryen ICO. They have bought and held the token through four phases so far.
The price is expected to hit a 150% increase at the fifth phase of the presale, which comes up on the 23rd of November, 2022.
The Oryen network’s unique technology, Oryen AutoStaking Technic, also known as OAT, is its most important element. It ensures that all $ORY token owners are qualified to receive daily rebase dividends. The positive rebase method used by the Oryen network, in contrast to other rebase currencies, enables $ORY holders to keep growing their portfolios.
It is possible to complete all of this without locking the assets or moving them to a different wallet. You are guaranteed a daily return of 0.177%, compounded to 90% APY, and your tokens are automatically staked as soon as you buy them.
Final Thoughts
When a new cryptocurrency is promising, investors venture into it in multitudes. More than anything, they study the market sentiment and see what influencers and crypto whales are saying about it. Interestingly, Steven Clarke and several other crypto influencers have reviewed Oryen ICO, enlightening the market on the need to adopt it.
One of the leading speculations on Oryen ($ORY) token is that it will outperform several existing cryptocurrencies. We can say this is already happening as the value of DOGE and SHIB can no longer stand the 140% price increase of Oryen ICO.
This is the best time to join the presale and catch the early offer, which promises security even during market downtime.
Find out more here:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
Cardano Based Stablecoin “USDA” is All Set to launch in Early 2023
The post Cardano Based Stablecoin “USDA” is All Set to launch in Early 2023 appeared first on Coinpedia Fintech News
Early in 2023, USDA, a stablecoin pegged to the US Dollar, will be released by Emurgo, the Cardano blockchain’s official commercial arm, and a founding organization.
The first stablecoin in the Cardano ecosystem to be fully fiat-backed and compliant with regulations. According to Emurgo, USDA will go live on the Anzens platform in Q1 2023, allowing users to tokenize their USD into USDA using credit/debit cards, wire transfers, or the conversion of ADA.
USDA is a component of Emurgo’s Anzens program, a larger scheme that would provide customers with a range of financial services and products based on Cardano. These programs include card payments using cryptocurrency, lending and borrowing services, and connections between traditional marketplaces and decentralized applications.
KEY3.id Releases Early Bird Event, Gas Fee Consumption Surpasses ENS, Public Claim Coming Soon
On November 17th, KEY3.id’s DID protocol launched a permanently free .did domain early bird event, with more than 10,000 users participating online. Within 24 hours, the on-chain gas fee consumption surpassed ENS, resulting in a 50% growth rate for .did domain holders. At present, the number of KEY3.id community members has exceeded 60,000 in the first week.
KEY3.id has reportedly partnered up with BitKeep Wallet, iToken Wallet, Bybit, KuCoin Wallet, Coinhub Wallet, ONTO Wallet, Assure Wallet, Element.market and other industry leading wallets, DeFi, exchanges. DAO organizations, NFT communities and more to build a network for the .did domain.
The .did domain is permanently free, de-factionalized, supporting cross chain, having a fair distribution scheme and has the support of top-level partners. The .did domain also has distinctive competitive advantage compared to other DID projects, where the current mainstream domain names from the public chains such as .eth, .bnb, .sol etc., are incompatible with each other and form fragmented user groups. At the same time, they also require an expensive renewal fee for ownership, therefore hinders new users to enter Web.
KEY3.id also has opted for a fair distribution scheme for premium domains. Unlike most projects that are flooded with click farmers or hacker projects, KEY3.id only allows 1 address to mint 1 .did domain in the early bird phase, which greatly avoids the problem of premium domains being swiped away or the speculations of leaving the project team with priorities. Based on the fact that DIDs are still predominantly speculative, KEY3.id has reserved some domain names and will continue to allocate them to users who have contributed to the community through airdrops and auction.
Kory Pak, CEO of KEY3.id said:” It has been a difficult time unlike any other. We still have decided to launch the KEY3.id project under the challenges of the bear market. Our community’s active participation in the early bird event has given us great confidence. We want to initiate a new phase of permanently free DID ownership, providing users with a low barrier to DID ownership experience, breaking the circle and attracting more users to enter Web3. We hope that our initial intention of providing permanently free and fair ownership will bring more convenience to more Web3 users.”
Pak continued, being free doesn’t mean a lack of business model. KEY3.id has reserved some of its short domains with less than 5 digits and can be purchased through auctions, the proceeds will be used to build the project in the long run. KEY3.id will also be launching a luxury domain project in the near future.
KEY3.id will also launch its official public mint at 20:00 (UTC+8) on November 18th, and Kory Pak thinks that it might be a historic day for the DID industry to go completely free.
For more information, please visit:
Twitter: https://bit.ly/KEY3TWSUR
Discord: https://bit.ly/KEY3DSSUR
Medium : https://bit.ly/KEY3MDSUR
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.
KEY.did Goes Live Today, Aligned Partnership with Bitkeep and 8 Other Wallets With Over 16,000 Early Bird Participants
November,10,2022 – The DID protocol KEY3.did is live on November 10th at 20:00 (UTC+8). KEY3.did strategically launched the .did domain name and initiated an early bird campaign for all ENS holders to claim the same domain name they already own for free. Earlier on November 7th, GameFi Future Fund, a subsidiary of Game Space, announced a $3 Million investment in KEY3.did.
Within 48 hours only, KEY3.did gained over 16,000 Discord users, over 22,000 Twitter followers and over 16,000 users participating in the Early Bird campaign. KEY3.did has partnered with BitKeep Wallet, iToken Wallet, Bybit, KuCoin Wallet, Coinhub Wallet, Onto Wallet, Element.market and many other wallets, DeFi, exchanges, DAO organizations and others to build a network of applications for the .did domain.
Kory Pak, CEO of KEY3.did said: “The choice of a neutral term .did was made with the intention of being inclusive to express that Web3 is a big unified world and should not be divided and factionalised at the entry level. On a broader perspective, it should also not contradict with the core philosophy of Web3, but instead encourage each other and take part in the development of the ecosystem, building the Web3 industry together.”
KEY3.did possess distinctive features compared to existing live domains or DID projects that includes:
- Permanently Free
KEY3.did is a Free to Claim, perpetual ownership, requires no renewal fee and an inclusive DID protocol dedicated to providing free, available and decentralized identities for every user who wants to enter Web3. KEY3.did ushers in a new phase of Free to own DID, empowering users with a free DID experience at a low threshold, and breaking the circle to attract new users to join Web3.
- De-factionalisation
KEY3.did has chosen .did as the main domain name due to its profound meaning. Most of the current mainstream domain names have public chains as their factions, such as .eth, .bnb, .sol, etc., which are incompatible with each other and form fragmented user groups. Among the many domains with distinct factional characteristics, .did appears more neutral and inclusive. Noun-as-category is a smart choice.
- Supports Cross Chain
KEY3.did also supports cross chain, a DID can be bound to multiple chain addresses to achieve multi-chain parsing. For example, for users who often transfer money across exchanges and wallets, they often have both an ETH and TRON wallet. KEY3.did can bind multiple chain addresses and resolve them intelligently by chain, thus facilitating users with much more convenience. KEY3.did chose to deploy the first phase of .did on ETH due to the fact that it has the largest user base. In the near future , the deployments and applications will also be supported on multiple chains.
- Fair Distribution
KEY3.did has opted for a more equitable distribution scheme for issuing premium domain names, as well as a more decentralized DAO vault. In response to the current situation that the demand for digital domain names in the DID scenario remains speculative, KEY3 has reserved short digital domain names with less than 4 digits and will subsequently distribute quality short domain names to users who contribute to community, building through airdrops and auctions in a fair manner of which the proceeds from the auctions will be used to support project development.
- Top Level Support
In terms of partners, KEY3.did also has resources of leading partners in the industry, and has quickly gained the support of many wallets including BitKeep Wallet, iToken Wallet, Bybit, KuCoin Wallet, Coinhub Wallet, Onto Wallet, Element.market and many other wallets, DeFi, exchanges, DAO organizations and others before it goes online.
With the support of many partners, KEY3.did now can provide free, fully autonomous and controllable DIDs to a broad audience of Web3 users without renewal fees, maximizing the digital identity that can be created and used by anyone who needs it, and may become a new force in the DID sector.
About KEY3.did
KEY3.did is a Decentralized Account System which is free to claim and permanently free to own without any fees for renewal. KEY3.did lowers the entry barrier and uses a neutral term .did with the intention of being inclusive of the major ecosystems and not taking sides to encourage more existing and new users to enter Web3. Users can create any sub.did and assign ownership to anyone you’d like, even set up your own registrar for your .did.
For more details please visit:
Twitter: https://twitter.com/KEY3id
Discord: https://bit.ly/KEY3idDS
Medium: https://bit.ly/KEY3idMD
Website: https://KEY3.id
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Bitcoin (BTC) Price Might Drop To $13K in Early October, Here’s Why?
The $19,500 resistance area was breached once more by the BTC price. However, it struggled and created a transient top close to the $19,400 mark, the peak it acquired before falling; both the $19,000 price barrier and the 100 hourly SMA were moved down.
The pair, which has lost ground, recently traded as low as $18,645, above which there was a small gain. One of the most prominent crypto analysts, Nicholas Merten, has predicted that a big downturn in tech stocks will push Bitcoin (BTC) to new bear market lows.
Merten recently informed his 514,000 YouTube subscribers about his latest prediction that major technological benchmarks like the Nasdaq are overdue for a 50% decline from their all-time highs.
“As a general rule, we believe that technology indices like the NASDAQ should correct by at least 50% solely based on where we are currently.”
According to his forecast, the stock market will likely have a catastrophic correction of 40%, 50%, or 60%. This starkly contrasts with the many losses of 15%-30% that Bitcoin has experienced over the last decade, followed by a swift recovery.
He further added that no one knows for sure when or how low the market will go, but he does want to offer a target: if the Nasdaq falls another 28% between now and the first quarter of 2023, that will bring us down from [its] all-time highs by roughly 50% to 50.5%.
Fresh Decline in BTC?
According to Merten, the decrease in the Nasdaq is bad news for Bitcoin, and he provides a ballpark estimate for the value of the most popular cryptocurrency.
Bitcoin would hold neutral to the Nasdaq, so if you look at an equalized level of fall in Bitcoin’s price from where it is now, it will take us roughly down to the $13,600 to $14,000 (Level).
Bitcoin has climbed today by 1.7% to $19,134 (at the time of writing). If Merten’s range drops, the Bitcoin price will fall by almost 28%.
Bitcoin’s (BTC) catastrophic occurrences aren’t letting up, and the coin’s wild price swings have worried short-term investors, and many have given up hope for any recovery this year.
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Uniglo (GLO) Early Investors See Superb 35%+ Gains By Buying Using Tether (USDT) And Binance USDC (BUSD)
Amongst choppy market conditions and an uncertain macroeconomic environment, a new Ethereum-based token, Uniglo (GLO), is rapidly rising to prominence. This new social currency promises an improved store of value and has already risen by 35% in the last month. Part of its success comes from the wide array of digital assets accepted for the ICO (Initial Coin Offering).
Investors are using their Tether (USDT) and Binance USD (BUSD) to participate. This protocol offers a brilliant way for investors to diversify their portfolios. And position themselves to take full advantage of the incoming violent market reversal.
Uniglo (GLO)
Uniglo’s remarkable performance comes following its smart contract audit from DeFi security specialists Paladin. The audit rallied early investors, and with so much stablecoin in the market currently, it provides an excellent outlet for investors to put their assets to productive use.
Uniglo introduces a value-backed token GLO in reaction to the decline of fiat’s value and the volatility present in the crypto markets. GLO represents a diversified portfolio by holding a unique blend of physical and digital assets, despite being a single token. Interestingly the Uniglo Vault will keep high-end luxury items, the type typically out of the ordinary investors’ reach, such as real estate, fine art, and gold. All of these have proved superb stores of value. Fine art specifically is a great hedge against market downturn because it is typically unaffected by how markets behave.
Tether (USDT)
Tether was launched in 2014 and remains the largest stablecoin by market cap. With a total market cap of over $67 billion, USDT tracks the price of the US dollar, and Tether holds sufficient reserves to back every single USDT. Tether can be redeemed for dollars or minted with dollars.
It holds a blend of cash, commercial paper, and treasury bills to guarantee each USDT. For a long time, there have been negative rumours swirling around Tether and the validity of its reserves. But Tether has proven itself in the bear market with the Luna Crash, which saw a run on USDT and other stablecoins; with billions of dollars redeemed, USDT managed to maintain its peg. And thus prove its ability as a trustworthy stablecoin.
Binance USD (BUSD)
BUSD is the stablecoin of the centralised exchange Binance and soon be the only stablecoin that will be utilised on the platform, with the exchange converting investors’ stablecoin funds into BUSD. This will enhance liquidity and allow more efficient stablecoin trading across the platform.
With a market cap of over $20 billion, BUSD is the third largest stablecoin and one that is approved and regulated by the New York State and releases a monthly audit of its reserves. Widely considered one of the safest options to store digital dollars.
Find Out More Here
Join Presale: https://presale.uniglo.io/register
Website: https://uniglo.io
Telegram: https://t.me/GloFoundation
Discord: https://discord.gg/a38KRnjQvW
Twitter: https://twitter.com/GloFoundation1
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
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Big Eyes Attracts More Than $1.2 Million In The Early Stages Of Its Presale, Is It Going To Surpass Tron And Internet Computer?
Ever since the crypto market started booming, new and novel crypto projects have been developing and launching. After Bitcoin (BTC), popular crypto categories include altcoins, meme coins, stablecoins, GameFi tokens, DeFi tokens, and many more. Big Eyes (BIG) falls under the meme coins category and is currently in its presale stages. The crypto market has seen a severe downfall in recent months, thanks to the post-pandemic global recession and economic crisis. Many cryptocurrencies lost their positions in the rankings and are still struggling to survive.
However, some strong crypto projects succeeded in retaining their ranks in the market’s recovery process, such as TRON (TRX), Cardano (ADA), Internet Computer (ICP), and others. Getting inspired by these blue-chip projects, developers are keen to launch new cryptocurrencies having solid foundations that could bear the aftershocks of the crash. Let’s dive in to see how Big Eyes (BIG) is going to attract more contributors to build up its cat army after learning about the strengths and background fundamentals of TRON (TRX) and Internet Computer (ICP).
TRON (TRX)
TRON (TRX) is a decentralized crypto token for the Tron network, originally launched in 2017. The token was first built on the Ethereum blockchain as an ERC-20 token. After a year, the network launched its own protocol and shifted the token to TRC-20. TRON (TRX) was designed to allow content creators to earn good income from their content. The platform lets them enjoy the perks of decentralization using blockchain technology. This means the creators have the ownership rights of their content, and no intermediary like YouTube, Apple, or Facebook can take this away from them. Thus, the team initially built the network to serve as a decentralized Internet platform.
Justin Sun is the popular name behind TRON (TRX). He is the founder and CEO of Tron Foundation. Utilizing his enthusiastic brain cells, he also decided to launch an algorithmic stablecoin of the TRON network. The stablecoin is dollar-pegged and supported by the collateral to retain this peg. Its name is USDD (decentralized USD), and it is a great achievement of the Tron Foundation, looking at people’s utility in it. TRON (TRX) supports smart contracts and allows developers to develop decentralized applications (dApps) leveraging blockchain technology. Since its inception, the market has seen many dApps and TRC-20 tokens launched and hosted on this network. TRON (TRX) has a price under 1 dollar, which is a good pusher for crypto traders to keep purchasing the token even on bullish days. However, the token got severely hit by the crash of 2022 and is still not performing well despite its stablecoin’s success in the crypto market.
Internet Computer (ICP)
Internet Computer (ICP) is the native token of Internet Computer Protocol. It was launched back in May 2021. Thus, it is a fresh project compared with its rank in the crypto market. The protocol was designed to further the use of the Internet and impart more value to the development of smart contracts on a larger scale. The protocol serves the same purpose as TRON (TRX) in leveraging blockchain technology. The developers can build decentralized apps (dApps) using ICP.
Internet Computer (ICP) is counted among the world’s fastest public blockchains as it can support up to 11,500 transactions per second (TPS). The $ICP token has a supply of 469,213,710 tokens at its genesis. However, its circulating supply depends on the market dynamics. The token had made an all-time high (ATH) of $700.65 in May 2021. After that, the token got severely hit by market ups and downs, especially the crash of 2022. Today the price of one $ICP is under $20, which tells that it’s a sleeping giant waiting for the market’s bullish cycle to restart.
Big Eyes (BIG)
Big Eyes (BIG) is a new meme token joining the crypto market in 2022. The token is based on a cute Japanese anime-style cat that resides on the icon of this token. Although the token is currently under its development, the presale of the token has already begun, and users and meme lovers are overwhelmingly participating in it. The token is built with the purpose of supporting the thriving decentralized finance (DeFi) ecosystem. Currently, the market is experiencing a severe crash, and 2022 was a really upsetting year for crypto traders. Many crypto traders have lost their massive portfolios, and many are suffering from losses.
At this time, it’s important to launch newer and stronger crypto projects that could add value to the disrupted market and generate wealth for it. Big Eyes (BIG) is more or less on the same mission. Its cute cat-faced icon attracts every meme lover to join its presale and take home piles and piles of $BIG tokens at affordable prices.
What differentiates this meme token from others?
Big Eyes (BIG) differs from hundreds of meme tokens floating in the market for many reasons. Here are to name a few:
- Most meme tokens in the crypto market have a dog theme or are based on some dog breed, while Big Eyes (BIG) is one-of-its-kind to be as cutest as a cat.
- Big Eyes (BIG) wants to give back to the community and world more than it takes. For this, the ecosystem has already allocated a 5% of the token’s total supply for preserving oceans and marine livelihood.
- Big Eyes (BIG) is a community-powered and community-empowering token. This means the community will control the governance of the ecosystem, making it a fully-functional decentralized autonomous organization (DAO).
- Big Eyes (BIG) will not just launch a meme token and sleep away. It also aspires to mint its top ten NFTs collection for the users to enjoy more perks of its ecosystem and earn greater profits.
- Its initial liquidity pool will be locked for two years to support and strengthen its ecosystem.
Tokenomics & Allocation
$BIG is the token ticker of the Big Eyes (BIG) token. It has a maximum supply of 200,000,000,000 tokens. Here’s the allocation of this supply:
- 80% of this supply will be sold in the public presale that is already live. This means the community will have the most token allocation and control.
- 5% of the total supply will be utilized in marketing and promoting the token to a greater audience.
- 5% of the net supply is reserved for charity and will be used to save world oceans and aquatic life.
- A 20% chunk of the token will also be given to the crypto exchanges so that the users can buy the $BIG token if they miss the chance to buy it in presale using the method mentioned below.
How to enter the Presale?
If you’re excited to participate in the presale before it ends, here is a step-by-step guide for you to jump into the cuteness of $BIG’s world:
- Install a wallet supported by Wallet Connect. It’s recommended to use either MetaMask or Trust Wallet for browser and mobile purchasing, respectively.
- Get $ETH or $USDT in your wallet to deposit while purchasing the token.
- Use the 18-decimal contract address mentioned below to deposit your funds.
- Make sure you cross-check the contract address from the presale website before depositing the funds to avoid any financial loss.
- Once you’re all done, wait for the presale season to end. Once it’s over, the team will update the website with a Claim Button that you can click on to claim your bought $BIG tokens.
Big Eyes (BIG) claims to be a strong and community-led meme token. According to its official website, the project is certified by CoinSniper, ensuring that it is anti-rug and legit. Also, the contract of the Big Eyes (BIG) token is audited by Solidity Finance and shown to be 100% secure. As per the latest presale stats, the token has raised more than $1.2 million in USDT, while the target is $1.95 million. The presale will end when 1 USDT equals 7368.42 Big Eyes (BIG) tokens. Currently, on spending 1 USDT, you’ll get 10,000 $BIG tokens.
For more information on Big Eyes (BIG), you can visit the following links:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
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Early Investors In Gnox (GNOX) Most Likely To Generate Massive Wealth
Crypto millionaires are being made right this second. Investors taking advantage of the current depressed valuations of assets will see their portfolios balloon during the next bull market cycle. Many will join the growing ranks of crypto millionaires. Investors who persevere during the bear market will be rewarded, as most investors lack the courage to buy at lows and instead FOMO in during rallies. It will always be harder to buy a red candle than a green candle, but successful investors do exactly that.
A new reflection protocol Gnox (GNOX), launched on the Binance Smart Chain, has been highlighted by several crypto analysts as having the potential to generate life-changing wealth. Similar to the gains experienced by early investors in Ethereum (ETH) and Binance Coin (BNB).
Gnox (GNOX)
Gnox has huge potential to capture enormous volumes of liquidity due to its simplicity. Gnox has refined DeFi (decentralised finance) investment into a low-touch single point of contact, making earning in DeFi easy and accessible to all. Through its treasury, funded via buy and sell taxes, Gnox provides its investors with a monthly stablecoin reflection. The treasury is the first of its kind, designed to earn for investors, and is utilised in yield farming, staking, and lending protocols.
This fund is designed to grow with all trading contributing to the treasury. Early investors will start to receive increasingly large stablecoin reflections, and when these materialise, GNOX is expected to soar. Providing a monthly guaranteed income in a single token, Gnox is perfectly suited to both ordinary investors and whales who want to streamline their investment process whilst continuing to be exposed to the profits of DeFi.
This fund is designed to grow with all trading contributing to the treasury. Early investors will start to receive increasingly large stablecoin reflections, and when these materialise, GNOX is expected to soar. Providing a monthly guaranteed income in a single token, Gnox is perfectly suited to both ordinary investors and whales who want to streamline their investment process whilst continuing to be exposed to the profits of DeFi.
Ethereum (ETH)
Ethereum, the second largest digital asset within the crypto space, launched via ICO (Initial Coin Offering) in 2014. ETH originally sold for $0.31 per token. The ICO raised $16 million and sold nearly 50 million ETH. Currently trading at close to $1,600, investors still holding their tokens who participated in the presale would have seen more than 5200X on their initial investment. In dollar terms, a $1000 investment would have yielded more than $500,000.
It is almost hard to imagine that Ethereum launched via ICO at one stage with such a low valuation, given its prominence in the sphere. But it should remind all investors that every protocol, whatever heights it reaches, starts small.
Binance Coin (BNB)
BNB is another ICO success story. An integral part of the entire Binance ecosystem, BNB was launched in July 2017 for $0.15 a token, now trading just below $300, investors still holding would have seen a 2000X on their initial investment. They would have seen even more outrageous returns if they had sold during BNB’s ATH (All-Time High) of $690.
Closing Thoughts
Millionaires have an uncommon vision and see things ordinary investors cannot. They look into the future and see the potential use cases of protocols. And these early adopters are typically handsomely rewarded for their faith in nascent projects.
Find Out More Here:
Buy Gnox Token Now Directly From Pancakeswap
Website: https://Gnox.io
Telegram: https://t.me/gnoxfinancial
Discord: https://discord.com/invite/mnWbweQRJB
Twitter: https://twitter.com/gnox_io
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.