Filecoin (FIL) Announces FEVM while Arweave (AR) Is at A Decline and TMS Network (TMSN) Passed Stage 1 Of Its Presale
Staying in the loop about the latest and greatest blockchain-based projects is essential for any serious cryptocurrency trader and investor aiming to make a solid portfolio filled with high-growth potential altcoins.
Recently, Filecoin (FIL), Arweave (AR), and TMS Network (TMSN) have all been a point of discussion for a lot of them. However, each cryptocurrency has performed differently.
Today, we will dive into what makes these projects stand out and why investors might have been eyeing or avoiding them.
Filecoin (FIL)
Filecoin (FIL) gathered a lot of attention upon the announcement surrounding the Filecoin Ethereum Virtual Machine (FEVM).
On Twitter, the development team behind the project announced that the launch would occur on March 14, 2023.
The EEVM being built for FIlecoin will bring smart contracts and user programmability to the network. Additionally, it will also lead to enhanced usability.
On March 8, 2023, Filecoin (FIL) was trading at $5.73. This indicates a decrease of 17.59% in the last seven days and a decrease of 2.43% in the last 24 hours. Based on the performance of the cryptocurrency, the cryptocurrency has entered a red zone.
Investors might be prompted to look at alternative cryptocurrencies as a result of this decrease.
Arweave (AR)
Arweave (AR) is another cryptocurrency that investors and traders have discussed, but things have not been looking too bullish for the cryptocurrency. In fact, the situation is bearish, as AR has decreased by 21.28% within the last seven days.
As of March 8, 2023, Arweave (AR) is trading at a value of $8.01. In the last 24 hours alone, the cryptocurrency decreased by 6.06%.
Based on the analytical data, AR as a cryptocurrency is headed toward a downward momentum, and there are no guarantees that it can kick back up in terms of its value.
TMS Network (TMSN)
TMS Network (TMSN) is a newer blockchain-based project that has completed the first stage of its presale and has grabbed the attention of investors and traders looking for ways through which they can diversify their portfolios after the decrease of the cryptocurrencies mentioned above.
The project can revolutionize the trading industry’s operations by becoming a decentralized platform where anyone globally can access numerous trading features, including stocks, FX, and CFDs with crypto, all from a single location.
With the TMS Network (TMSN), anyone can buy or trade any derivative, which is available without an account creation requirement. All anyone can do to access the platform is to connect their wallet, and afterward, they will have the opportunity to get its native token, the TMNS token.
There are unique features that help TMS Network (TMSN) differentiate itself from competitors, such as the Copy Trader Feature as well as MT4 or MT5.
Stage 2 of the presale has started and has already managed to reach 50%, where the value of TMNS is $0.032. By getting into the project early, investors can take part in a project that can assert itself as an industry leader, and some analysts have predicted its value to increase to $2.20 by December 2023. Any investor or trader curious about interacting with the token and ecosystem can follow the links below.
For more information on TMS Network, please check out the following links below:
Presale | Whitepaper | Telegram | Discord | Twitter
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Terra Luna, Safemoon, And Tamadoge Are Passed
The entry of Oryen (ORY) in the crypto market has brought a lot of excitement among investors who are now rushing to purchase the ORY token before its ICO sells out. Unlike other crypto pioneers such as Terra Luna, Safemoon, or even Tamadoge, its prices have already surged to the 120% mark during the ongoing Presale.
Terra (LUNA)
Earlier this year, Terra suffered a disastrous collapse, where its stablecoin UST lost the peg, causing LUNA to crash to dust. However, the team staged a return to salvage the Terra blockchain with the aid of a vast community and effective leadership. LUNA might need help to stand out in a crowded L1 ecosystem, but a solid framework shows what this project might accomplish if it recovers fully from the collapse.
Safemoon (SFM)
Safemoon is considered an ‘OG’ for reflection tokens in the Binance Smart Chain community that made reflective tokenomics popular and gave birth to thousands of new DeFi projects with the same principles.
However, the project fired almost the complete team and restructured under CEO John Karony. As a result, many investors left due to a lack of development and delayed innovations.
Tamadoge (TAMA)
Tamadoge is home to the Tamaverse, with the native token TAMA at the center. The project allows investors to create, breed, care for, and battle their Tamadoge pets. Further, the Play-2-Earn platform will enable users to fight against each other to climb the leaderboard and win a monthly prize pool.
Oryen surpasses Rivals at Presale
Having scheduled to launch officially on 30th December 2022, it’s expected that Oryen will surge and surpass previous milestones of other tokens in the industry. Oryen has grown substantially during its ICO and gained 120% for early backers. These profits can be attributed to its unique Oryen Autostaking Technic (OAT) that directly generates reliable and consistent passive income every hour without requiring human interaction.
The tokens have had incredible investors demand throughout the four presale phases, with a 90% APY return on investment translating to 0.0177% daily ROI.
The Bottom Line
Oryen Network has gained tremendous traction among crypto investors and influencers quickly. This indicates that the staking platform will surge in the anticipated 2023 bull run. So, if you still need to join the presale of this crypto gem, proceed to Oryen Network and buy your share today.
Learn More Here
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
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Uniglo.io Touted Most Promising Launch of the Year after Burn Proposal Passed
If you haven’t heard about the initial coin offering (ICO) of a groundbreaking cryptocurrency project called Uniglo.io (GLO), it’s time to learn about it fast. This project is attracting a wide range of investors who come from different backgrounds because it can simplify passive income-making and digital asset ownership.
Moreover, Uniglo.io has proposed implementing a distinctive token burn that is expected to slash its token supply immediately. The Uniglo.io community has already approved this proposal, which means the GLO token could come close to the impressive growth trajectory of Shiba Inu (SHIB) or DogeCoin (DOGE).
Uniglo.io (GLO)
Uniglo.io (GLO) is a new social currency based on the Ethereum network. It introduces its Ultra-Burn Mechanism, which helps keep the value of its GLO tokens on the rise. By regularly removing large portions of GLO from the secondary market, the project ensures substantial passive gains over the long term. The burn feature alone has invited an influx of token purchases from interested buyers.
To ensure stable growth for GLO, Uniglo.io also maintains a Vault to store stable and appreciating assets such as stablecoins, digitized gold, tokenized physical collectibles, and rare non-fungible tokens (NFTs). As such, the project takes advantage of the emerging transition of high-value physical assets into their tokenized forms. In the future, even if the market fluctuates or reverts to a bearish condition, GLO will remain strong and stable.
While the Vault is meant to maintain the appreciation of digital assets, Uniglo.io is also designed to keep up with the volatile crypto market. As such, the Vault also holds volatile cryptocurrencies that have strong potential for gains.
Shiba Inu (SHIB)
A cryptocurrency based on Ethereum, Shiba Inu was launched in 2020 as an alternative to DogeCoin, the first meme coin based on dogs. Its developers created a dog-themed metaverse where users can play, explore, be creative, and earn passive income. The native coin, SHIB, circulates the marketplace and is used in DeFi apps to lend, save, and exchange assets like NFTs.
DogeCoin (DOGE)
Dogecoin is a digital currency created in 2013 to serve as a tipping system to reward Reddit and Twitter content creators who achieve audience engagement. It has a one-minute block time, which is faster than Bitcoin’s 10-minute block time. Unlike other cryptocurrencies, the supply of DOGE tokens is uncapped. Miners can collect an unlimited number of DOGE coins on their own or by participating in a mining pool.
The bottom line
With a major burn event to be held after the launch on the 19th of November, market watchers are touting Uniglo.io (GLO) as the most promising launch of 2022. It is also considered one of the top cryptocurrencies set to explode very soon. GLO is looking more like Shiba Inu (SHIB) and DogeCoin (DOGE). However, contrary to the two coins, the GLO token takes into account long-term growth and hedges against speculation and volatility.
Find Out More Here:
Join Presale: https://presale.uniglo.io/register
Website: https://uniglo.io
Telegram: https://t.me/GloFoundation
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Passed Burn Proposal Could Send DAO Uniglo.io Straight into Top 100 on Launch
Uniglo’s community has made its first major collective decision by voting to burn all remaining tokens leftover from the launch, a move that will see native token GLO make great gains and has the potential to catapult Uniglo into the top 100. Watch closely, and purchase soon if you are interested in this unique project.
Uniglo.io Burn Proposal Passed
The Uniglo vote on the burn event is the project’s first major democratic decision, certainly not the last for this social currency. Holders can expect to have a say on a wide range of topics, but most importantly, what to buy and hold in the GLO Vault. The Vault is multi-asset backed, meaning it will house not only digital assets like NFTs and cryptocurrency but also real-world treasures like fine art, gold, collectibles, and class cars – anything that typically could be expected to appreciate in value over time. A varied spectrum of assets, therefore, underpins the value of GLO. Users will vote to buy GLO to burn, allowing them to boost the floor price. GLO also benefits from its special Ultra-Burn mechanic, which employs a 2% transaction tax to be burned immediately. The pool of GLO will be ever shrinking at a rate that increases as the token is more widely adopted and used up with trading.
DOGE
Dogecoin is one of those projects that has earned its place in cryptocurrency history, defying naysayers and delivering massive profits back to those who committed early. DOGE reached its all-time high of $0.7 in May 2021 and generally continues to perform well, especially as the favored cryptocurrency of billionaire Elon Musk. DOGE currently sits at number 10 in the top 100.
SHIB
Shiba Inu is another meme-coin that reached the heights of fame and success, enough to rival Dogecoin. Despite humble beginnings as a fun currency, Shiba Inu continues to announce developments like Shibaswap, introducing two new tokens, LEASH, and BONE. SHIB is number 14 on the top 100 listings.
Conclusion
Projects like Dogecoin and Shiba Inu were never expected to take up places in the top 100, yet these protocols defied the odds and remain strong contenders on the market. With this in mind, think about how well a project like Uniglo, with a genuine use case and strong burn system, will perform in the future. Next stop: Top 100. Get involved with presale now while limited allocation lasts.
Learn more:
Join Presale: https://presale.uniglo.io/register
Website: https://uniglo.io
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California Assembly Passed Crypto Licensing Bill, Now Awaits Governor’s Signature – Coinpedia – Fintech & Cryptocurreny News Media
The California assembly has passed a crypto regulating bill that now requires cryptocurrency-related businesses to gain a special license to offer services to users in California. The crypto bill is now in the final process of becoming law in California.
California Is Aiming For Crypto Regulation
On Monday, California Assembly member Timothy Grayson produced the bill, AB 2269, with support from the Consumer Federation of California with a 71-0 majority. The crypto bill will establish the Digital Financial Assets Law in California.
The Digital Financial Assets Law is known as California’s “BitLicense.” A simple pen stroke is left to create a full-fledged law in California. The bill now requires Governor Gavin Newsom, who has until 30 September to sign or veto the bill. California will become one of the first states to require crypto platforms to obtain a special license to offer services in the state.
What Does This Crypto Bill Say?
The crypto law will tighten crypto regulations and bring more transparency to the crypto industry in California. If the governor signs the bill, it will take effect from 1 January 2025. Companies of digital-asset exchanges will get license approval from the state’s Department of Financial Protection and Innovation.
The Department will also be allowed to enforce drastic actions against those who are unlicensed. A non-licensed corporation engaging in digital financial asset business activity will be charged a civil penalty of up to $100,000 daily. Furthermore, if a licensee breaks the rule, they will have to pay a fine of $200,000 for each day of violation.
Stablecoin issuers holding securities as a reserve must have a total amount of stablecoins not less than the amount of all outstanding stablecoins sold or issued in the United States.
Tim Grayson stated, “While the newness of cryptocurrency is part of what makes investing exciting, it also makes it riskier for consumers because cryptocurrency businesses are not adequately regulated and do not have to follow many of the same rules that apply to everyone else.”
Regulators and governments are framing crypto space. Crypto bill provides the user with more closure looks of the crypto space. However, The California BitLicense now completely depends on the governor whether to sign it or not.