Zcash (ZEC) and Pax Gold (PAXG) Struggle for Positive Price Action While Sparklo (SPRK) Maintain Growth
The crypto market is always alive with varying price actions undergone by thousands of tokens in the market pool. As always, investors look to capitalize on these ranging price actions for profit. Following another day of active price actions in the market, we highlight the struggling price actions of the Zcash (ZEC) and Pax Gold (PAXG) tokens which have seen a recent bearish run.
However, the new but high-potential Sparklo project is relentless as the price continues to grow at a steady pace since presale.
Bullet speed for Sparklo (SPRK) as the value rises again
As an innovative investment platform, Sparklo has without doubt gotten the attention of investors who are keen on investing in the project. Still at its presale phase, Sparklo is well on its way to becoming the next blue-chip crypto investment platform in the near future. This is due to the fact that Sparklo is a high-potential project which will allow investors to invest and trade real-world assets like Silver, Gold and Platinum on the blockchain network. Investors can trade these assets using fractionalized NFTs that represent these luxury assets.
Sparklo has been certified to be a very safe investment opportunity. This is partly because it has passed its audit with Interfi Network and it’ll have its liquidity locked for a minimum of 100 years which translates to safe asset protection for investors. At the price of only $0.026 per SPRK token, investors can buy the token now, which has shown potential to rise above 4,000% in the near future.
We believe that early investment in the Sparklo project will put you on course for exponential gains. Check out more of the Sparklo project below
Zcash (ZEC) sees bearish movement despite a partnership with Namada
Zcash (ZEC) is a privacy-focused and decentralized crypto network that enables nodes to verify transactions while protecting the identity of those transactions. Recently in the past weeks, Zcash (ZEC) held a partnership with Namada, a blockchain network for multichain privacy. The partnership with Zcash (ZEC) saw an airdrop of the Namada token, which is the first-ever airdrop to Zcash (ZEC) holders.
While this partnership came with a lot of fanfare, it didn’t have any positive effect on the price action of Zcash (ZEC), which saw a -2.52% loss in the price value of the token in the last 24 hours. This leaves the price of Zcash (ZEC) at $32.13 as of press time. Crypto analysts are yet to ascertain when ZEC coin will experience a bullish run. Smart investors of the Zcash (ZEC) coin are already keying into the Sparklo project as it is projected to rise soon.
Indifferent price action for Pax Gold (PAXG)
Pax Gold (PAXG) is a cryptocurrency backed by gold and operating under the Ethereum blockchain. Pax Gold (PAXG) saw no significant price change in the last 24 hours. This sees the current price of Pax Gold (PAXG) still standing at $1,983.
Pax Gold (PAXG) is no doubt enjoying a larger audience following the partnership with Coinflip to Introduce Pax Gold (PAXG) to its network of over 4,000 ATMs last month. This development has given Pax Gold (PAXG) more visibility for investors to invest in the project’s digitally backed gold assets. While some Pax Gold (PAXG) holders are considering the coin’s future, others are already diversifying to the trending Sparklo project, which experts estimate to rise in value before the end of the year.
Buy Presale: https://invest.sparklo.finance
Website: https://sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance
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Does BudBlockz (BLUNT) Have a Bigger Earning Potential Than Pax Gold (PAXG)?
Cryptocurrencies and non-fungible token projects have been designed to offer innovative and creative functionalities and real-world practicalities that have the potential to experience continuous growth in value and popularity. And we have seen that in many altcoins and NFTs throughout the years.
However, because of the unforgiving implosion of worldwide crypto marketplaces in 2022, many digital coins and assets were left hanging by a thread. For example, the latest victim claimed by the relentless crypto winter was none other than the FTT token. However, one project continues to defy all odds and consistently raise the bar of excellence. We’re, of course, talking about BudBlockz.
In light of this, we’re going to discuss how BudBlockz should be your next lucrative investment consideration and how it has more considerable potential for higher ROI than Pax Gold (PAXG).
What Is PAX Gold?
PAX Gold is a digital coin that provides a robust store of value in the form of natural gold reserves. The reserves are owned and managed by Paxos, a renowned organization in New York. Every PAXG coin is given a 1:1 ratio – meaning one PAXG token has a value of 1 troy ounce of a 400-oz gold bar. The gold bars are held in private London vaults secured by Brinks. In addition, PAX Gold also collaborates with the LBMA (London Bullion Market Association).
How BudBlockz Can Be Even More Valuable than Gold in the Long-Term
BudBlockz’s main objective is to capitalize on the growing CBD and marijuana market worldwide. The global CBD industry is set to surpass the $200 billion mark in the next five years. Leveraging this opportunity, BudBlockz launched a platform that unites legal marijuana companies all over the globe. It is a single, peer-2-peer e-commerce marketplace with DeFi protocol and allows users to securely and privately conduct business transactions without fear of scrutiny.
Using the company’s native crypto (BLUNT), members will be able to access different marijuana and CBD products on a seamless and easy-to-use platform allowing for continuous economies of scale for manufacturers and dispensaries. This is one of the reasons why BudBlockz plans to open its marijuana plantation in weed-friend countries.
Profitable NFTs
Another reason why you should consider BudBlockz is their unique yet highly lucrative NFT collection, Ganja Guruz. BudBlockz NFT owners will be given a chance to become fractional stakeholders in a slew of CBD companies listed on the company’s peer-2-peer marketplace. This will offer you a unique opportunity to earn dividends and generate a passive income stream – way better than gold!
There’s no question BudBlockz is developing a highly scalable and interoperable cannabis crypto platform that will function as a universal bridge between companies and buyers. By letting people privately conduct business transactions, the company has already captivated the attention of several multi-million and billion-dollar marijuana and CBD businesses. And with so many countries set to legalize marijuana and cannabis products in 2023 and beyond, BLUNT holders will always stand to make higher returns on investment.
Purchase or learn more about BudBlockz (BLUNT) at the links below:
Official Website | Presale Registration | BudBlockz Community Links
Experts Unveil The Truth Behind Dash (DASH), Pax Dollar (USDP), And Snowfall Protocol (SNW)
The cryptocurrency market is highly volatile. Thus, even if tokens seem to be performing well at the moment, they could fall rapidly in no time. Unless a cryptocurrency has a strong set of features to attract users and investors, they are unlikely to survive this brutal market. So what’s the status of the market’s well-known cryptocurrencies Dash (DASH), Pax Dollar (USDP), and Snowfall Protocol (SNW)? Let’s find out.
Dash (DASH) termed a “bad” investment
Dash (DASH) is the third largest privacy-focused cryptocurrency by market cap. The usage of privacy tokens like Dash (DASH) has been under increasing scrutiny of late, with numerous governments, notably India and the EU, proposing to fully curtail its use. On January 11, 2022, Dash (DASH) hit a 30-day high of $155.27, marking a strong start to the new year. However, by the end of January, Dash’s (DASH) price had fallen below $100, a victim of the broader bear market. Dash’s (DASH) decline was consistent throughout the year, culminating in a 52-week low of $31.39 on November 9. Long-term price estimates for Dash (DASH) have been all over the map, according to algorithm-based analysts. Dash (DASH) was a “bad” investment, thus the price probably would have kept dropping, say the experts. In 2023, the Dash (DASH) price forecast shows a drop to $4.20.
Pax Dollar (USDP) shows no signs of growth
The FTX collapse has impacted several cryptocurrencies, including Pax Dollar (USDP). The Pax Dollar’s (USDP) price is currently $0.999953. The all-time high price was $1.0664, which shows that investors are not confident in the future of the Pax Dollar (USDP). Pax Dollar (USDP) is a stablecoin that uses the US dollar as its base currency. The Pax Dollar (USDP) is a digital asset backed by US dollars. This makes USDP ideal for use as a medium of exchange and store of value. However, the Pax Dollar (USDP) has faced some challenges in recent months. In November, the FTX platform collapsed, leading to a loss of millions of dollars worth of Pax Dollar (USDP) tokens. This has caused investors to be doubtful about the future of the coin. This uncertainty will likely continue until there is more clarity on Pax’s plans for dealing with the FTX collapse and other issues affecting its reputation. Until then, investors may continue to avoid investing in the Pax Dollar (USDP).
Snowfall Protocol (SNW) dominates the crypto market
Since inception, Snowfall Protocol (SNW) has aimed to be the first fully functional ecosystem for the transfer of both fungible and nonfungible tokens between different blockchain platforms. Through the use of the Snowfall Protocol (SNW) dApp, users are able to move assets between the most widely-used chains. Millions of users can participate in each blockchain as the Snowfall Protocol (SNW) creates the requisite networks. The Snowfall Protocol (SNW) is currently the highlight of the crypto market because of major gains. With Snowfall Protocol’s (SNW) recent presale campaign still making waves in the cryptocurrency community, the Snowfall Protocol (SNW) is poised to become a dominant project in the space. The first part of the Snowfall Protocol (SNW) presale resulted in the sale of 95 million tokens. The Snowfall Protocol (SNW) price skyrocketed by over 600%, from $0.005 to its current price of $0.06. The future looks strong for the Snowfall Protocol (SNW) and investors must invest in the token now before it’s too late.
Get in while you can and invest in Snowfall Protocol (SNW) today!!!
Presale: https://presale.snowfallprotocol.io
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
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90% APY On Oryen Network Better Capital Efficiency Than Maker Or Pax Gold
With the rising trend of Decentralized Finance (DeFi), more platforms compete for users’ attention and capital. Oryen Network (ORY) offers one of the highest Annual Percentage Yields (APYs), set at 90%. The project enters the industry as a more capital-efficient investment than Maker (MKR) or Pax Gold (PAXG), making it a more attractive option for yield-seeking investors.
Oryen Network (ORY)
Oryen Network (ORY) is an initiative of highly focused, motivated, experienced, and community-driven people that concentrates on giving simple, straightforward, and uncomplicated ways for rewards to crypto enthusiasts.
The innovative OAT technology, which stands for Oryen Autostaking Technic, is Oryen’s main selling feature. Aside from simplicity, the OAT system offers the highest fixed 90% APY in the market, rebasing prizes every 60 minutes at a fixed interest rate of 0.00733%, 24 times a day, and a simple buy-hold-earn mechanism that fills up the wallet quickly and securely.
Overall, built on the Binance Smart Chain (BEP20) Blockchain, Oryen Network represents a new advance in web 3.0, which will launch by the end of 2022. Until December 30, investors can join the presale and grab a bunch of ORY tokens at the lowest possible price.
Maker (MKR)
Maker (MKR) is a governance token that facilitates the creation and management of the DAI stablecoin. MakerDAO and Maker Protocol are Ethereum-based decentralized organizations and software platforms.
MKR tokens do not pay rewards to their holders, but they do offer them voting rights over the Maker Protocol’s growth. They are projected to appreciate proportionally to the performance of DAI. MKR tokens function as a voting share for the company that controls DAI.
Pax Gold (PAXG)
Gold has been used as a store of wealth and a medium of trade for thousands of years and continues to be successful now. However, for most investors, gold ownership is complicated and unattainable. PAX Gold (PAXG), on the other hand, has established a way to mix cryptocurrencies with genuine gold holdings, making it appealing to investors used to traditional alternatives.
Paxos Gold is a cryptocurrency backed by physical gold reserves owned by Paxos, a New York-based for-profit firm. PAX Gold enables users to exchange, stake, or exchange their tokens for premium gold bars.
Users can deposit their PAXG into the custodial lending platform, with the current earning rate being around 6% APY. Different lending providers can vary, but unlike Oryen, staking in Pax Gold is much more complicated.
Final Thoughts
Overall, When it comes to yield and capital efficiency, Oryen Network (ORY) definitely offers more than Maker (MKR) and Pax Gold (PAXG). With a higher APY, simple staking solutions, and an experienced team, Oryen Network provides users with a better way to earn and grow their capital.
Learn More About Oryen:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
Telegram: https://t.me/OryenNetwork
Discord: https://discord.com/invite/jSvaXmb2cB
Twitter: https://twitter.com/oryennetwork
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.