Massive Price Surges Predicted For Ripple (XRP), TRON (TRX) and Orbeon Protocol (ORBN), Here’s Why
Ripple (XRP) and TRON (TRX) are two affordable cryptocurrencies that have the potential to surge in value in 2023. Despite not being as popular as headline tokens like Bitcoin (BTC), Ripple (XRP) and TRON (TRX) are well-established and affordable to all investors. Orbeon Protocol (ORBN) is another great option that’s expected to surge in 2023. Having already increased in price by 1988%, analysts are now predicting returns of 6000% for bullish investors.
Ripple (XRP) Allows For Seamless International Transfers
Ripple (XRP) is an innovative DeFi project that looks to revolutionize international transfers. Current international transfers use a SWIFT system which has high fees, complex exchange rate costs and slow transaction times.
Using Ripple (XRP), individuals can transfer money internationally with low fees, no need for exchange rates, and fast transaction times.
From the start of January, Ripple (XRP) has increased from $0.3464 to highs of $0.426 in January. Ripple (XRP) has since declined to $0.3674, which is still a positive return for investors who bought Ripple (XRP) at the start of the year. Although Ripple (XRP) is decreasing slightly in price, investors are confident that its value will bounce back in 2023.
TRON (TRX) Combines The Best Of DeFi Into One Project
TRON (TRX) is designed to be the number one DeFi service. Instead of offering innovative technology to the market, TRON (TRX) uses what currently works and combines the best features.
TRON (TRX) is a popular investment in the Asia crypto market and is ranked the 14th largest crypto project in the world in terms of market cap. In 2018, TRON (TRX) expanded its portfolio, buying BitTorrent, a market leader in decentralized computing architecture.
While most cryptocurrencies decreased in value in February, TRON (TRX) increased by 2.49% to $0.06717. At the same time, its market cap also increased by over $1 billion. Having defied market trends two months in a row, analysts predict that TRON (TRX) could experience huge price surges in 2023, making TRON (TRX) one of the market’s most highly anticipated tokens.
Orbeon Protocol (ORBN) On Track To Hit $0.24
Orbeon Protocol (ORBN) is a new DeFi project currently in stage nine of its presale. This exciting new prospect has already increased from $0.004 to $0.0835 in just four months and Orbeon Protocol (ORBN) is expected to hit new highs over the next few weeks.
Orbeon Protocol (ORBN) applies DeFi technology to the crowdfunding market, introducing a multi-chain startup launchpad. Using the Orbeon launchpad, startups can create and sell equity-backed NFTs to everyday crypto investors. Orbeon Protocol (ORBN) investors store their NFTs in decentralized Orbeon wallets, where they can earn rewards for holding, as well as profit, from early growth stages.
To manage investor risk, Orbeon Protocol (ORBN) has implemented security features such as “Fill or Kill,” which requires startups to hit certain funding targets before investor funds are released.
With stage nine of the Orbeon Protocol (ORBN) presale almost completely sold out, investors are anticipating several price increases throughout March, with Orbeon Protocol (ORBN) quickly becoming one of the most highly anticipated presales in the market.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
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Polygon builds foundation for gaming ecosystem, as Investors compare Solana to Paypal, While TMS Network surges 700% in 2 weeks
The post Polygon builds foundation for gaming ecosystem, as Investors compare Solana to Paypal, While TMS Network surges 700% in 2 weeks appeared first on Coinpedia Fintech News
TMS Network (TMSN), Polygon (MATIC), and Solana (SOL) have emerged as some of the potential blockchain technology-based players. Investors have been eyeing every move of these projects, but TMS Network (TMSN) is expected to deliver more lucrative benefits than Polygon (MATIC) and Solana (SOL).
Let’s take a look at the strategic moves and growth graphs of TMS Network (TMSN), Polygon (MATIC), and Solana (SOL).
The Recent Move of Polygon (MATIC) in Blockchain Gaming
Polygon (MATIC), one of the leading platforms in blockchain space, has made it to the headlines again after the announcement of the launch of reNFT. This is a major achievement bagged by Polygon (MATIC) to strengthen its foundation in the blockchain gaming ecosystem.
The rollout of reNFT on Polygon (MATIC) will provide gamers and developers easy access to the rental functionality of NFT. This launch on Polygon (MATIC) will also benefit gamers and developers with easy access to the realm of web3 gaming.
Polygon (MATIC) has an infrastructure that delivers easy upgradability, congestion relief, high throughput, and a myriad of other benefits, making it one of the top choices for partnership. With the plug-and-play software development kits (SDKs) of Polygon (MATIC), developers can make use of blockchain gaming elements in their games. Owing to these reasons, Polygon (MATIC) has attracted several eminent companies for launch and partnerships and bagged numerous Web3 gaming projects.
After its recent crash, Polygon (MATIC) is trading at $1.15, and is expected to touch $1.8 soon.
Can Solana (SOL) dominate PayPal
Solana (SOL), a blockchain technology platform, has been emerging as an influential rival against PayPal in recent times. Though Solana (SOL) is a new, blockchain technology-based, payment platform, investors have already started comparing it with PayPal.
Solana (SOL) has been eyeing to disrupt the payment industry owing to its potential to process a substantial number of transactions, and eliminate intermediaries. These reasons have staged Solana (SOL) as a viable payment solution for a multitude of small businesses.
However, PayPal has been one of the major players in the market for around two decades. In comparison with Solana (SOL), it has a wider global reach, several payment options, customer trust, customer support, and a larger user base. Since Solana (SOL) is newer, it has a lot of work to do on its platform and customer acquisition.
After experiencing a bearish trend last year, Solana (SOL) is currently trading at $22.
The accelerated growth of TMS Network (TMSN)
TMS Network, a blockchain technology-based decentralized trading platform, has raised $500K during stage 1 presale. As a result of this fundraising, TMS Network (TMSN) has observed a growth of 700% in just two weeks, which is several times higher than its peers, Polygon (MATIC) and Solana (SOL).
The first presale stage of TMS Network (TMSN) sold out faster than expected. TMS Network (TMSN) is underway for stage two and is currently trading at $0.029, which is 7x its initial price of $0.0003. The demand for TMS Network (TMSN) is still experiencing exponential growth, which can be attributed to the transparency, decentralisation, and scalability of TMS Network (TMSN).
Why are investors preferring TMS Network (TMSN) over Polygon (MATIC) and Solana (SOL)?
TMS Network (TMSN) is a safer and more effective option for investment and trading as it eliminates third parties for withdrawal and deposit. TMS Network (TMSN) is forecasted to outperform Polygon (MATIC) and Solana (SOL).
Presale: https://presale.tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/tmsnetworkio
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As Crypto Market Experiences Losses, Whale Activity Surges in Altcoins
The cryptocurrency market led by Bitcoin (BTC) and Ethereum (ETH) has bled profusely in the past 24 hours, with over $323 million liquidated from over 98k traders. According to the latest cryptocurrency price oracles, the total crypto market capitalization has dropped by approximately 7.4 percent to stand at $965 billion on Friday.
The Bitcoin weekly death cross is proving to be a solid psychological resistance despite the new year’s bullish sentiments. With Bitcoin looking to close the third consecutive week on a bearish thesis, the altcoin industry faces more sell pressure in the coming weeks.
As the cryptocurrency market continued to dip during the early London trading session, on-chain analysts have identified increased whale activity in the past 24 hours. According to Lookonchain, a whale dumped about $60 million worth of Bitcoin and Ethereum before the market fell earlier today.
With Bitcoin possibly looking at $17.4k as the next weekly solid support, the bleeding is expected to continue in the crypto market during the weekend or coming weeks.
Are these Altcoins Attempting Recovery?
As the cryptocurrency market continues to correct from the new year’s relief rally, on-chain analytics firm Santiment has identified three altcoins that could recover soon. According to Sentiments analyst Brian Polygon (MATIC), Aavegotchi ($GHST) and Fantom ($FTM) have recorded a sharp uptick in whale activity in the past 24 hours.
For instance, Polygon (MATIC) has recorded a single whale transaction involving 58,885,143 MATIC worth approximately $62.1 million in the past 24 hours. However, Santiment noted that the transaction involved an exchange transfer, which often has little effect on the underlying value.
Similarly, Aavegotchi ($GHST) recorded a single whale transaction of $8.2 million involving centralised exchanges.
Fantom (FTM) has recorded a single whale transfer of about $10.2 million in the past 24 hours.
Polygon Surges Ahead: Can MATIC Outpace Ethereum?
Polygon (MATIC) has become one of the most talked-about projects in the cryptocurrency world due to its explosive growth and numerous high-profile partnerships. The project has gained traction and made significant progress in the scaling and adoption of blockchain technology in recent years. Its success has led many to wonder if MATIC can outpace Ether as the go-to blockchain for corporations and the mainstream audience.
Bitboy Crypto, the popular YouTube channel run by Ben Armstrong, recently highlighted Polygon’s massive momentum and wind underneath its wings, leading to speculation that it could outpace Ethereum in the near future.
Explosive Growth on the Horizon
According to a recent announcement, Polygon has settled on March 27 as the launch date for its much-anticipated ZK EVM mainnet beta network. ZK EVM is a groundbreaking technology that aims to increase the speed of blockchain transactions and reduce their cost.
It generates cryptographic proofs to process transactions faster before those transactions are sent back to layer 1 networks, in this case, Ethereum. This technology is similar to that used by Polygon’s rivals, Solana and XRP, which have faster transaction speeds and unparalleled centralization. The adoption of ZK EVM by Polygon could help it to overtake Ethereum in the near future.
Partnerships Galore
Polygon has already signed partnerships with Dolce and Gabbana, Disney, and Stripe, among other major corporations. Instagram’s recent announcement that it would be using Polygon for its upcoming in-app NFT minting feature is another major endorsement.
Instagram has over two billion monthly users, which means lots of potential traffic for the Polygon network. Nike has also joined the bandwagon, with its Web3 Studio kicking off with Polygon NFTs. DraftKings and the PGA Tour have also jumped on the Polygon train, with their NFT player cards being built on the platform.
Polygon’s Stellar Performance
Polygon has been performing exceptionally well, with its daily active addresses recently surpassing those of Ethereum. Daily active users on Polygon have surpassed those on Ethereum, with the blockchain coming in second behind BNB Chain, which is known for being set up for a bunch of rug pulls. Polygon’s NFT sales on Open Sea have also beaten Ethereum for the second straight month. These low-cost assets are popular with investors and traders alike.
MATIC Price
The price of MATIC has risen dramatically over the previous two days, reaching the $1.25 threshold. Speed was gained, and MATIC is now clearly above the $1.30 resistance area. The price surged beyond the $1.50 barrier, an increase of roughly 25%. A peak was set close to $1.568, and a subsequent downward correction has begun, mirroring that of Bitcoin and Ethereum. There was a break from the $1.40 and $1.42 support levels, indicating more weakness in the market.
Matic Surges In Price As Polygon’s DeFi TVL Hits $1.44 Billion
The Polygon DeFi ecosystem has been making waves in the cryptocurrency world, with its total value locked (TVL) hitting $1.44 billion. This impressive milestone has been largely driven by the surge in the value of the Matic token, which has seen unprecedented growth in recent months.
Recently, the Polygon network has also seen a 90-day high NFT trading volume on OpenSea, reaching $12 million in just one day. Furthermore, the network has launched its highly anticipated ZkEVM, a production-ready zk-rollup solution for Ethereum.
One of the main factors driving the growth of Polygon’s DeFi ecosystem is the increasing demand for low-cost, fast, and secure transactions. DeFi has been one of the hottest trends in cryptocurrency, with more and more people looking to participate in decentralized financial applications.
Covo, a Leverage Trading Platform on Polygon, Surges 80% This Week
The Matic price has been experiencing significant growth in recent weeks, with many tokens built on Polygon also seeing significant price increases. According to crypto price trackers, Matic has increased over 20% in the past 30 days. Covo Token, the native utility and governance token of COVO Finance, a Leverage Trading Platform built on Polygon, has also seen its value surge by 80% in recent weeks, attracting the attention of the MATIC’s community.
COVO Finance is a decentralized spot and perpetual exchange that enables users to trade popular cryptocurrencies such as BTC, ETH, MATIC, and others directly from their cryptocurrency wallets. The platform offers a better trading experience with low swap fees, zero-price impact trades, and the ability to trade perpetual futures with up to 50x leverage, similar to how it’s done on centralized exchanges. However, users keep custody of their assets using a cryptocurrency wallet, unlike centralized exchanges.
The Covo Token is the native utility and governance token of COVO Finance. Token holders can use it to vote on proposals to help decide the exchange’s future direction. Staking Covo Tokens provides several rewards, including 30% of all generated protocol fees, esCovo tokens, and Multiplier Points. The fees are collected from market making, swap fees, and leverage trading and are paid in MATIC. The esCovo tokens can be either staked for rewards or vested, and the Multiplier Points boost the yield and reward long-term holders without contributing to token inflation.
Polygon Launches Zero-Knowledge Proofs for Smart Contracts Execution
The launch of the recent ZkEVM is considered to be a significant milestone for the Polygon network. At the time of writing, MATIC was trading at $1.18 with a market cap of $10B. The ZkEVM provides a fast, secure, cost-effective solution for executing smart contracts on the Ethereum network. The solution leverages the power of zero-knowledge proofs to provide a high level of security without sacrificing speed or efficiency. According to a developer tweet, the ZkEVM prover’s results have been awe-inspiring, with batch proofs of 2:30 minutes and the ability to handle ~500 or ~250 ERC20 transactions per batch. The prover cost is $0.064 per proof ($0.0001 per transaction), making it the fastest and most affordable ZK technology.
The launch of the ZkEVM is a major step forward for the Polygon network and is expected to drive significant growth and adoption. The ZkEVM offers a fast, secure, and cost-effective solution that is well-suited for decentralized applications and DeFi platforms. The solution provides a much-needed alternative to the Ethereum network, which needs to improve with high gas fees and slow transaction times.
The Polygon network is doing incredibly well, with the launch of its ZkEVM and the surge in NFT trading volume on OpenSea due to Reddit collectibles. Polygon and its native token MATIC are well-positioned to capture the growing demand for fast, secure, and cost-effective solutions in the blockchain and cryptocurrency world. With its commitment to innovation and progress, the Polygon network is a promising investment opportunity for those looking to participate in the growth of the blockchain and cryptocurrency markets.
Polygon (MATIC) Surges 50% In 30 Days, Attracts Institutional Investors
Polygon (MATIC) finished last week on a neutral note, showing a 2% increase. As a scaling solution for Ethereum, it has gained significant interest from institutional investors looking to invest in the Web3 market. This is evidenced by the fact that the Polygon NFT market on the OpenSea platform surpassed Ethereum’s for two consecutive months, suggesting the potential for attracting developers and investors to the ecosystem.
According to recent crypto price data, Polygon (MATIC) has seen a 50% growth over the past 30 days, putting its network value at $10,808,682,894. Additionally, the total value locked (TVL) assets in Polygon has risen in recent weeks, reaching around $1.2 billion.
It is also worth mentioning that Polygon is host to top Web3 projects such as Balancer, Quickswap, Uniswap V3, and AAVE.
Polygon: Price Action & Market Outlook
The Polygon (MATIC) price has been experiencing a bullish trend since the start of January, with its price in the four-hour time frame showing higher highs and higher lows, a hallmark of an upward trend.
However, RSI indicators suggest that the bulls are starting to show signs of fatigue, raising the possibility of a market reversal in the near future. If Polygon’s price falls below $1.8, this could invalidate or delay the upward trend. On the other hand, a rally above $1.28 could boost Polygon (MATIC) and lead to a new upward trajectory.
Coinglass data shows that Polygon trading has led to $979k in liquidations in the past 24 hours, with a 24-hour trading volume of about $626,510,880. Given these figures, it is expected that the top layer 2 blockchain will see more growth in the future.
FTX’s FTT Suddenly Surges By 50%; What Could This Mean?
As the drama surrounding FTX continues to play out, the value of FTX’s token, FTT, is now seeing a significant increase. At the time of publication, the value of the token had increased by about fifty percent in the previous twenty-four hours and had increased by more than one hundred and eighty percent in the previous week, making it without a doubt one of the most lucrative crypto assets available right now.
So Why is FTT Massively surging right now?
The question is, what could possibly be the cause of this? I mean, we’ve seen quite a few crypto organizations collapse and pull down their tokens with them, but FTT seems to be rising above the multiple difficulties that its issuer is experiencing right now… or so it would seem.
In the beginning, FTT did behave as if it was going to collapse as well. In the weeks and months that followed the collapse of the exchange, the price of FTT saw a precipitous decline, going from a range of $25 to a new low of about $1. However, it is obvious that the token is now rising in value.
From my point of view, this does not necessarily indicate that there will be a resurgence. Since FTT is still 97% lower than its all-time high, even after posting a gain of 180% over the previous week, the difference is significant. The price of the token skyrocketed to $84 in September of 2021, when FTX was in its prime and the cryptocurrency industry was booming.
It seemed that there was no substantial news or rationale for the token pump, other than the assumption that it was in the midst of being pumped and dumped as part of a scheme, which means that it’s simply a ploy by some traders seeking to earn a few more cash. It could collapse any time as easily as it has risen.
Cardano And Avalanche Facing Extended Slumps, While Flasko (FLSK) Presale Phase Two Surges On
The new paradigm in cryptocurrency investing emphasizes tokens with real-world utility and serious growth potential. Gone are the days of simply buying the dip on established cryptos like Avalanche (AVAX) and Cardano (ADA), which have seen better days – after all, it will take billions in market capitalization for either Cardano (ADA) or Avalanche (AVAX) to get anywhere remotely close to their all-time high prices again.
That’s why Flasko, an alternative investments protocol currently in the second phase of its presale, is deservedly taking the spotlight from older cryptos as the year ends. It offers the same, if not better returns, as Avalanche (AVAX) and Cardano (ADA) did for its early investors.
Avalanche (AVAX) Falls Under $11 Support
Avalanche (AVAX) bears failed to protect $11 support levels from a market sell-off as Avalanche (AVAX) tokens have fallen to $10.88 per token as of this writing.
This indicates an overall decrease in buyer momentum for the smart contract platform, continuing a harsh bearish trend all year. The FTX collapse didn’t do Avalanche (AVAX) any favors, with the token’s market capitalization seeing significant outflows to other more promising protocols like Flasko.
Despite positive sentiment surrounding its partnerships with e-commerce conglomerate Alibaba, Avalanche (AVAX) prices have failed to take off, as Avalanche (AVAX) prices remain almost 93% below ATH levels. By the end of 2022, Avalanche (AVAX) may hit rock bottom at $10.
Cardano (ADA) Falters
Cardano (ADA), at its peak, was the third-largest cryptocurrency behind only Bitcoin and Ethereum. But despite its relatively stable existence, Cardano (ADA) is largely viewed as a blockchain in progress that is still under ongoing development. Needless to say, Cardano (ADA) still boasts among the most active development communities, indicating more upgrades and improvements to come on the Cardano (ADA) ecosystem, which may bode well for token prices moving forward.
However, investors hoping for a bounce may be disappointed, as Cardano (ADA) has fallen 92% from its all-time high of $3.10 and is trading at $0.24 as of this writing.
Flasko (FLSK) Expected to Increase By 50x to $5 in 2023
If you want to make a serious profit in 2023, get into a presale like Flasko instead of buying the dips on old crypto like Cardano (ADA) and Avalanche (AVAX).
Flasko is building the first and only alternative investment protocol specializing in rare champagnes, wines, and whiskeys. Alternative investments make excellent hedges against inflation and volatility because their value and quality over time only appreciate.
Flasko brings this unprecedented utility to the crypto space by allowing investors to buy and trade NFTs representing physical bottles of the finest beverages from Flasko’s world-class storage facilities. Flasko seeks to tokenize the rare wines, whiskeys, and champagnes sector and open income streams for every investor worldwide.
Flasko is here to stay, too: with a fully completed audit by Solid Proof, 33 years’ worth in locked platform liquidity, and dev team tokens locked for three years, Flasko has secured its financial future and profitability as a protocol moving forward. With presale token prices available at $0.1575, Flasko is set up to bring exponential profits to early investors considering experts forecast Flasko to hit heights of $5 in 2023, or a 5,000% increase.
Don’t let this opportunity to invest early on a blue chip slip away!
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Bitcoin (BTC) Price Surges Above $20k! End Of Crypto Winter Or Just a Fake Rally?
Bitcoin has continued to see an upward trend in 2023, surpassing the $20,000 mark for the first time since the collapse of FTX in November. As the leading cryptocurrency by market capitalization, Bitcoin began the year near the $17,000 level, following a period of stability in the mid-$16,000 range since December. Currently trading at $20,909, Bitcoin has seen a growth of over 20% in the first two weeks of the year.
Many traders believe the recent bullish behavior of the Bitcoin market is a sign that the crypto winter has come to an end. Craig Erlam, a Senior Market Analyst at Oanda, noted that while $20,000 was once considered a low point, it now serves as a potential indication of a recovery in the market.
Bitcoin Paves The Way
In addition to Bitcoin’s upward trend, ether (ETH) is also experiencing significant growth, increasing over 20% year-to-date and approaching the $1,500 mark for the first time since November. The cryptocurrency market rally has also positively impacted crypto-related stocks, with Coinbase (COIN) rising by 39% and Marathon Digital Holdings (MARA), a bitcoin miner, experiencing a 76% increase.
The traditional markets also saw positive performance this week, with the S&P 500 rising by more than 2% due to the start of Q4 earnings season and a decline in U.S. inflation rates, which remain elevated but have decreased. Analysts attribute the decline in inflation and further sharp annual declines in both the headline and core readings as contributing to the overall optimism.
Nicholas Colas, the co-founder of DataTrek Research, noted that other factors such as China’s reopening, the pace of US economic and corporate earnings growth, and positive real rates will also play a role in investors’ decisions. He added that while this does not guarantee a good year for risk assets, it does indicate that the market will be more normal than last year.
The significance of this “win” for Bitcoin
The reaching of $20,000 by Bitcoin is widely considered as a significant milestone for the cryptocurrency market. This is because it often marks a strong bullish trend and renewed interest and confidence in the market from investors.
This, in turn, drives an increase in demand for Bitcoin and other cryptocurrencies, leading to an upward movement in their prices.
Furthermore, reaching $20,000 can also attract more institutional and mainstream investors to the market. Overall, it is seen as a positive sign for the future growth and development of the cryptocurrency market.
Solana Price Surges As Shiba Inu Rival BONK Takes Off, The Price Of Orbeon Protocol Price Increases Again
The crypto market has taken a turn in 2023. Solana is on the rise, BONK, a new Shiba Inu rival, has taken the market by storm, and Orbeon Protocol continues to defy trends, rising in value for the third month in a row by over 980%. As the market recovers, investors are looking to boost their portfolios. Here’s why they should consider Solana (SOL), BONK and Orbeon Protocol (ORBN).
Orbeon Protocol Is On Track To Become One Of The Biggest Cryptos In 2023
Orbeon Protocol is one of the most anticipated projects of 2023, with an exciting ecosystem and revolutionary real-world applications. To give investors peace of mind from the onset, Orbeon Protocol’s smart contract has been successfully audited by Solid Proof, and its liquidity has been locked for a decade. So what does it offer?
The main feature of Orbeon Protocol is its unique launchpad, which combines DeFi with fundraising to remove traditional barriers to entry. In the current funding market, startups rely on venture capitalists for funding. These venture capitalists often demand upwards of 20% of their business for funding, forcing startups into long-term congrats.
With Orbeon Protocol, startups can choose how much of their business they want to sell with NFTs representing equity in their business. These NFTs are fractionalized, which makes them accessible for as little as $1. This diversifies how startups generate funds, reducing risk while attracting investors who believe in their service or product.
All startups on Orbeon Protocol are vetted before they can be invested in, and investors are protected by a “Fill” or “Kill” smart contract mechanism, which refunds them if a startup misses its funding targets.
Each of these will be powered by ORBN. ORBN has a supply of 888,000,000 tokens, and provides access to an investor club called the “Winners Circle,” staking bonuses, governance rights, and more.
In total, 40% of the ORBN supply will be sold to the public, with 47,927,490 tokens being sold so far. During its presale, ORBN has increased from $0.004 to $0.0435, with analysts predicting this to further increase in 2023.
BONK Surges In Price After Solana Airdrop
BONK is a new dog memecoin created on the Solana blockchain. BONK was airdropped to the Solana community and has increased by 983% since the 29th of December, reaching a market cap of $50 million.
BONK has been described as the first Solana Dog Coin for the people and has become a big hit on Twitter. 50% of the initial BONK supply was airdropped to Solana NFT collectors according to the Bonk whitepaper, with the remaining BONK supply being sold on PancakeSwap.
Solana (SOL) Sees Huge Gains As We Enter 2023
Solana has bounced back in 2023, rising from $9.8 to over $13 in just seven days. Founded by the Solana Foundation, Solana was created to make decentralized finance more accessible worldwide.
In late 2022, Solana experienced an increase in trading volume, which has since been followed by a huge surge in price. Despite being significantly lower than its all-time high of $259.96, many investors believe Solana could be a strong investment in 2023.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
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.
Orbeon Protocol Surges 805% During Presale, Popsicle Finance Prices Up 285%
Orbeon Protocol (ORBN) and Popsicle Finance (ICE) rallied this week. Orbeon Protocol (ORBN) is leading the pack with its utility token, ORBN, which has rallied 805% during its presale, and runner-up Popsicle Finance (ICE) saw a 285% increase over the past week.
ORBN is currently in the third phase of its presale, selling for $0.0362, and is focused on revolutionizing venture capital investments. Popsicle Finance, on the other hand, is focused on providing liquidity for DeFi projects and saw a boost in popularity due to the comeback of its founder.
Orbeon Protocol (ORBN) has surged 805% as the project’s presale nears the phase 3 halfway mark
Orbeon Protocol (ORBN) is a new and revolutionary way for investors and startups to work together. With the help of Orbeon Protocol (ORBN), startups no longer need venture capitalists to get the money they need to grow. Thanks to Orbeon Protocol (ORBN), they can instead build a community and raise money directly from the people who are part of it.
Startups that want to raise capital can use Orbeon Protocol’s platform to mint and issue fractionalized NFTs backed by equity as a way to invest. Since these NFTs are fractionalized, regular investors can buy them for as little as $1. Orbeon Protocol (ORBN) makes it much easier and faster for startups to raise money than it used to be.
Orbeon Protocol (ORBN) uses a “Fill or Kill” mechanism to keep investors safe from failed fundraising rounds. The mechanism is built into the smart contract, and if the fundraising doesn’t work, the money will automatically be sent back to the investors.
ORBN, the project’s native utility token, makes this whole Orbeon Protocol (ORBN) ecosystem work. During the presale, there was a lot of interest in ORBN because the token has a lot of uses, such as staking for passive income, project governance rights, and more.
ORBN has already rallied over 805% in its presale from $0.004 to $0.362 after competing phases one and two. Analysts think Orbeon Protocol will rise by more than 6000% during the presale period.
Popsicle Finance (ICE) skyrockets nearly 300% following news of founders comeback
Popsicle Finance (ICE) is a yield aggregation technique, it first introduced on Fantom (FTM). The controversial yet successful blockchain creator Daniele Sestagalli announced his comeback to the project, causing the native token of Popsicle Finance (ICE), a decentralized finance (DeFi) market-making and yield-earning protocol, to soar. Popsicle Finance (ICE) skyrocketed by nearly 300% following the news of Sestagalli’s comeback to the project.
Limone and Fragola are the two main products offered by Popsicle Finance (ICE). Fragola is a Uniswap V3 Optimiser running on Ethereum and Arbitrum. At the same time, Limone is a freshly developed multi-chain yield optimizer on the Avalanche Testnet that enables users to provide liquidity passively on the exchange and earn significant interest. The future need for such yield-aggregating methodology will determine how quickly Popsicle Finance (ICE) expands.
The ICE cryptocurrency serves as Popsicle’s governance token. Aiming to be a completely decentralized platform, Popsicle Finance (ICE) will be run by its users, who are the owners of the ICE governance token. Voting on proposals for protocol upgrades, pool additions, fee administration, and other significant operational facets of the protocol will be done using the ICE token.
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ApeCoin Falls To Lowest This month; Shiba Inu Plunges 8% But Snowfall Protocol Surges Dramatically
The crypto market is notorious for its volatility, and investments in digital assets can be high-risk endeavours. Still, many investors are drawn to the potential rewards of the crypto space, and tokens like Snowfall Protocol (SNW) offer an attractive proposition in today’s market. In this article, we’ll take a look at why Snowfall Protocol (SNW) is outperforming other major tokens like Shiba Inu (SHIB) and ApeCoin (APE).
ApeCoin (APE) dips over 55% in 2022
The ApeCoin (APE) community was quite enthusiastic about the recent development of their staking rewards. Both the ApeCoin (APE) token and NFTs that were tied to it, saw a major surge in purchases that led to temporary price highs. The buzz surrounding ApeCoin (APE), however, quickly died down after the announcement. One of the possible reasons for the decline could be the decreasing incentives received from ApeCoin (APE) staking pools, which may be contributing to the dwindling interest in the token.
The daily price chart for ApeCoin (APE) shows that it has been steadily falling and is now close to it’s all-time low. The value of ApeCoin has dropped from $27.79 this year to $3.63, a fall of over 55%. The trade volume of the ApeCoin (APE) token also dropped by 31.18% in a single day, on December 14th. This shows that momentum for ApeCoin (APE) has been drastically decreasing, portending significant lows for the token in the future.
Shiba Inu (SHIB): Just another meme coin
After seeing significant gains since the beginning of the year, Shiba Inu (SHIB) fell in May 2022 along with other cryptocurrency markets. The current price of a Shiba Inu (SHIB) is $0.00000831. In the last 7 days, Shiba Inu (SHIB) has dropped by 6.58%. There are several reasons for Shiba Inu’s (SHIB) price declines.
Firstly, the value of meme coins like Shiba Inu (SHIB) rises when people show interest in the token or when public figures talk about them. However, such popularity is short-lived and dies as soon as social media stops taking an interest.
Additionally, experts agree that Shiba Inu (SHIB) was created with a large supply to keep the price per coin low in the hopes that those who are unfamiliar with cryptocurrencies will mistakenly believe that it is a great bargain compared to other tokens.
The fact that Shiba Inu (SHIB) serves no practical purpose and has no real use case has also been affecting its price lately. Any investor who has been investing in the market for a while would also be wary of Shiba Inu (SHIB) because very little is known about the company.
Snowfall Protocol (SNW) goes miles ahead of other tokens
Snowfall Protocol (SNW) is a groundbreaking cross-chain exchange ecosystem that can be utilised with both fungible and non-fungible tokens. With the use of Snowfall Protocol’s (SNW) decentralised application (dApp), users can move assets between the most widely used blockchains.
When the decentralised application for Snowfall Protocol (SNW) is released in January 2023, users will be able to freely move fungible and non-fungible assets between EVM-compatible and non-EMV-compatible networks like Ethereum and Bitcoin. Snowfall Protocol’s (SNW) decentralised application was created with security, interoperability, and ease of use in mind, which is causing it to gain major traction.
More than half of Snowfall Protocol (SNW) tokens have been purchased during the final presale session and its prices have gone up by 400% in the last two months. Currently, Snowfall Protocol (SNW) is trading for $0.14 and is soon expected to rise to $0.24 by the end of this presale. Over 200 million tokens have been sold so far, making Snowfall Protocol (SNW) a market favourite.
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XRP Whale Accumulation Surges As Ripple Vs SEC Lawsuit Draws To A Close
The XRP market has firmly held the current levels during the second half of 2022, despite pressures from the ongoing Ripple vs SEC lawsuit. According to aggregate data from Binance-backed Coinmarketcap, XRP price has ranged between 0.324 and $0.5523 in the past three months.
The XRP market – which takes pride in a fully diluted market cap of approximately $38,210,014,609 – has remained in the top ten crypto assets by valuation for several years.
As such, market strategists and the crypto community unanimously agree XRP has a high probability of surviving the current bear market. Moreover, the XRP market is widely used in many countries around the seven continents. Hence giving the XRP community hope of reaching the moon during the next crypto bull market.
Notably, whale crypto traders have been identified as accumulating more XRP coins in the recent past. For instance, over $18 million worth of XRP was withdrawn from Binance to an unknown Wallet.
Three days ago, Whale Alert identified 143,000,000 XRP, worth approximately $55,960,040, transferred from an unknown wallet to another anonymous wallet.
Notably, on-chain whale activity has been relatively high in the XRP market in the recent past as long-term holders increase their speculative exposure. Furthermore, the XRP market is heavily bolstered by both fundamental and technical aspects, which show a possible near-future breakout above its 2018 ATH.
XRP Market Outlook and Forward-Looking Analysis
The XRP market has partially rebounded from the FTX trauma. Notably, the recent XRP price pump has coincided with the predicted crypto Christmas rally. Moreover, Bitcoin price recently retested $18k, which was previously a strong support during the 2022 bear market.
Meanwhile, lawyers closely following the Ripple vs SEC lawsuit believe the end is drawing near. For instance, John E Deaton, the founder of cryptolaws.us and a firm of crypto enthusiasts, speculates that the Judge will deny the SEC motion for summary judgment.
Notably, Deaton thinks the Judge will find some XRP transactions by Ripple violating the security law. Nevertheless, Ripple continues to argue that it did not make any written investment contracts with XRP investors.
As such, all eyes are on the motion for summary judgment, which is expected to happen in the first half of 2023.
As XRP trades around $0.39, a Ripple win could send it to the roof and trade above $2. Otherwise, an SEC win could push back the digital asset to a new multi-year low.
IMPT Loses Traction While Orbeon Protocol Surges 655% in Presale
With IMPT rapidly losing traction, Orbeon Protocol (ORBN) continues to skyrocket during its presale phase attracting even more attention from investors.
Orbeon Protocol (ORBN), a project that’s now only beginning stage 3 of its presale, is projected to rise over 6000% during the initial stages from $0.004 to $0.24.
Why Is IMPT Losing Traction?
So why is IMPT losing traction? Although IMPT has attracted serious attention as a “renewable” and environmentally friendly cryptocurrency project, the response seems to be lackluster as the days continue.
With IMPT partnering with over 25,000 brands and using the Polygon blockchain in order to achieve their goals, this project might initially seem interesting to investors.
And although IMPT did manage to raise its presale goal, IMPT has swiftly lost the attention of investors as they move on to other coins.
Though IMPT is still a project to pay attention to, analysts are unsure if it will manage to take hold in the upcoming year and establish itself as a dominant playing force in the market.
Orbeon Protocol (ORBN) Continues to Skyrocket
Almost in direct response to this, Orbeon Protocol (ORBN) continues to skyrocket as the presale gains traction and investors become more and more excited over this groundbreaking new investment platform.
Orbeon Protocol (ORBN) is a project designed to allow investors buy into their favorite, vetted, real-world businesses through the use of fractionalized NFTs-as-a-service.
These fractionalized, equity-backed NFTs can be minted by startups seeking to raise funds, and purchased by everyday investors for as little as $1. This will help businesses raise capital quickly and easily. With Orbeon Protocol set to democratize the venture capital market, the excitement continues to grow.
Successfully audited by Solid Proof and with liquidity locked for 10 years to prevent a rug pull, Orbeon Protocol (ORBN) is poised to become an incredible player in the crypto market in the upcoming months.
Overall, Orbeon Protocol (ORBN) seems poised to keep skyrocketing during its presale phase and continue making waves in the crypto sphere. Analysts predict that the current growth trend of 655% will not last long, as ORBN is forecasted to rise from its initial price of $0.004 to $0.24 by the end of presale.
Conclusion
For investors disappointed in the lackluster response of IMPT during its presale, there’s no better time to buy Orbeon Protocol (ORBN).
As it continues to skyrocket, investors are switching their attention from other coins to this new and promising project.
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Dogecoin’s (DOGE) Price Surges, But How Long Will It Sustain Above $0.1?
The crypto space appears to have experienced a slight pullback after undergoing a massive upswing in the early trading hours. While the market cap continues to hover above $850 billion, one wrong move may drag the price of popular altcoins like DOGE, lower. Dogecoin price has been maintaining a strong uptrend for the past 7 days, which is believed to get reversed very soon.
The dogecoin price rally is largely believed to be more lenient on the short-term holders who constantly cause a minor bounce. This fades over time, dragging the price of DOGE to its initial levels, it traded before the rally. After remaining dormant from June and October, the November trade was slightly bullish. The trader’s focus concentrated on the asset as the price marked its lows on the crucial support at $0.07.
The price is currently hovering around the crucial resistance at 0.38 FIB levels, facing difficulties in clearing these levels.
After forming a double-bottom pattern, the DOGE price rises high and currently testing the crucial resistance at the neckline. Therefore, if the price successfully breaches these levels, then the possibility of a bullish breakout emerges. Else, the price may continue to consolidate just below this resistance for a long time frame. However, a notable breakout beyond the neckline may ignite a notable upswing beyond $0.11 but may be restricted below $0.12.
While the price continues to hover within narrow ranges, on-chain metrics display the possibility of a significant upswing soon.
- Whales continue to accumulate more DOGE over time, regardless of the price movements. The number of holders with 10,000 to 10,000,000 DOGE in their wallets has been incremental for the past few months.
- Social dominance which combines the social sentiments and engagements of the asset has been on the rise for over a month
- The DOGE miner revenue peaked during the beginning of the month which had dropped of-let, and has again raised notably
Overall, the Dogecoin(DOGE) price appears to be significantly bullish in the short term, but as the bulls get exhausted, a massive drop could be registered in no time. Therefore, the price is expected to remain consolidated until the market sentiments gear up.
XRP Price Surges Above $0.41, Poised to Hit $0.5 Before the end of the Day’s Trade
XRP price is surging, decoupling from the entire crypto space. Marking more than 8% gains since the early trading hours, the price now aims to reclaim the levels above $0.45 at the earliest. Meanwhile, the bears continue to remain unresponsive for a while, which may impede the possibility of a major rejection until the end of the day’s trading.
Regardless of the proceedings in the Ripple vs SEC case, the XRP price continues to manifest an independent rally. Hence, the asset could gear up and intensify the upswing that it ignited since the beginning of the monthly trade.
The major accomplishment of the XRP price is that, despite the presence of bearish clouds, the XRP price did not test the June lows, while most assets formed new ones. This clearly shows that the XRP community was stronger than the BTC community, which drove up the price. Therefore, a significant upward price action may be aspiring for the next few hours.
As the price has decoupled with the market sentiments, it’s time for the buyers to realize their strength and act accordingly. Presently, one can expect a growth impulse that may hit $0.5 wherein the bears may compel the price to remain consolidated for a while. Furthermore, the next impulse wave may trigger a larger price action that may break the trendline and reach the local target of around $0.6 to $0.65 in the next couple of weeks.
Collectively, Ripple’s XRP price is displaying acute strength that may help trigger a large price movement in the coming days.
Bitcoin Surges Above $16K: Short-Term Rally or Actual Recovery?
Bitcoin (BTC) began the month’s trade on a negative note. However, the prices have since retreated as usual profit-taking set in, and the focus shifted to the minutes from the Federal Reserve’s most recent monetary policy meeting.
It’s difficult to say in which direction Bitcoin’s price will go in with any sudden change.
Some investors speculate that a BTC price spike and the subsequent settling of short interest in futures contracts may occur if the Federal Reserve were to abandon its current program of quantitative tightening and interest rate hikes.
Let’s explore.
FED Goes Back On Its hawkish stance
On a positive note, the Fed said in its statement that it had already raised rates significantly and could slow down the pace of the rate hikes. The US Dollar fell as markets applauded lower rates. Hence, a 50 bps hike is probable in December, not 75 bps like the last four times.
Bitcoin (BTC) is in a period of the biggest correction, thus crypto strategists are advising BTC investors to prepare for a further sell-off.
What Next For BTC Price?
For his 545,700 Twitter followers, the pseudonymous analyst Kaleo issues a warning that a severe drop to $12,500 in Bitcoin is possible as it has broken through diagonal support on the one-hour chart.
“Focusing on this, the most likely scenario is a further decline before any sort of rebound. The inverse pennant has already broken below its uptrend support, and the next reliable support level is the retest of the trend breakout and support from the 2019-2020 highs of the base range.”
- The current price of Bitcoin is $16,172, thus a drop to Kaleo’s aim would be a loss of nearly 22%.
- This will cause Bitcoin to continue declining. He also thinks that when the support comes in around $12,500, Bitcoin will unexpectedly bounce.
- It makes logical sense, according to the chart, for there to be a V-bottom recovery from this breakdown and then a period of accumulation sideways into the spring of 2023.
- Overall, Kaleo made it clear that Bitcoin will finally regain its bullish momentum and surge to as high as $40,000 after a period of sideways consolidation into the first quarter of 2023.
Bitcoin Pre-Halving Rally
The breakthrough of the high time frame log downtrend, as depicted in the chart below, is where the analyst expects to see the most dramatic change in momentum. He predicts that, instead of leading to a new all-time high, it will cause a retracement to the $30,000–$40,000 region, followed by further volatility leading up to the next halving.
Hence, the scope of BTC is brighter when the Bitcoin halving occurs in March 2024, the reward for mining Bitcoin will be halved, resulting in a reduction in the total number of Bitcoins created each day. This might lead to some good results for long-term BTC holders.
In conclusion,
Kaleo suggests that he sees bitcoin reaching a new all-time high by the end of 2024 or the beginning of 2025.
Snowfall Protocol Surges to The Top, Leaving Quant and Holo Behind! And Here’s Why!
Introduction
The market for cryptocurrencies is dynamic. Examples of crypto and blockchain stakeholders include influencers, early adopters, developers, business owners, speakers, traders, and technology proponents.
The competition among the steadily increasing number of alternative currencies is fierce. Being a user and figuring out where to deposit your money may be annoying, and this is because there is a high danger that the project will be a fraud or a failure. This article will discuss three alternative cryptocurrency exchanges and explain why Snowfall Protocol (SNW) is your best chance moving forward.
Snowfall Protocol (SNW)
Snowfall Protocol (SNW) attempts to streamline blockchain communication and envisions a future with several chains. Snowfall Protocol (SNW) aims to remove technological barriers and provide every user an equal chance to participate in their preferred projects.
The first cross-chain transfer ecosystem created for fungible and non-fungible tokens is called Snowfall Protocol (SNW). Users may exchange assets between the most well-liked EVM and non-EVM compatible chains using the Snowfall Protocol (SNW) dApp. We are building the networks necessary for millions of people to communicate with one another.
Snowfall Protocol (SNW) Wallet is a beautifully user-friendly, high-performance wallet that allows you to manage your crypto holdings while on the go with any iOS or Android smartphone.
Snowfall Protocol (SNW) aims to provide users with a simple and secure way to interact with the de-fi and cryptocurrency ecosystems. By encouraging cross-chain communication, Snowfall Protocol (SNW) will make it simpler for users to access various protocols and platforms. By doing this, Snowfall Protocol (SNW) hopes to promote the use of blockchain technology and contribute to the development of the cryptocurrency ecosystem.
Quant (QNT)
Quant (QNT) Network’s Overledger brand of business software solutions uses the Ethereum token Quant (QNT) to connect public and private blockchains. To join any blockchain-based project to all other blockchains, Overledger was developed. Additionally, it links a program to programs that are part of the same blockchain ecosystem, such as Ethereum (ETH). Quant Network makes it possible to create “mDapps,” which let decentralized applications run concurrently on several blockchains.
The Quant (QNT) protocol was born out of a burning desire to boost the effectiveness of international information exchange.
Holo (HOT)
A peer-to-peer platform for distributed applications, Holo (HOT) is built on cloud storage. In Holo’s Holo (HOT) peer-to-peer app market, members of the network may act as hosts for distributed, decentralized applications by using their processing power in exchange for payment.
People can access the internet using the Holochain platform, which uses the Holo Holo (HOT) system as the communication channel. Distributed applications include holochain applications. However, Holochain programs are referred to as hApps rather than the popular term “Dapps.” Holo (HOT) aims to provide developers working with decentralized apps with a more effective and affordable environment by achieving finality without using conventional blockchain consensus methods.
Conclusion
One of the biggest challenges to the widespread adoption of cryptocurrencies is co-operability. It is sense for business owners to be wary, given the penalties and limitations that several nations have imposed. Snowfall Protocol (SNW) may provide the solution.
Snowfall Protocol (SNW) is very efficient in terms of the services it seeks to provide, highly co-operative between blockchains, and built for a great user experience. It is reasonable to anticipate that your investments will be multiplied by 1000 due to Snowfall Protocol’s (SNW) outstanding performance!
For more information about the Snowfall Protocol’s (SNW) Pre-Sale, visit:
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MASK Price Surges By Nearly 450% in a Week Amidst Twitter Integration Rumors
The announcement regarding the potential addition of crypto tokens to Twitter is eagerly awaited by the cryptocurrency world.
After Tesla CEO Elon Musk acquired Twitter and ousted its CEO, Parag Agrawal, Dogecoin’s (DOGE) price rose by over 130% in a single week.
According to Coinmarketcap data, the rise enabled the meme currency to recover its losses going from $0.2878 on October 31, 2021, to $0.1009 on October 29, 2022. To add fuel to fire, the CEO of Binance “CZ” also hinted at the possible acceptance of the BNB token on Twitter.
Binance additionally disclosed the introduction of USDⓈ-M Binance Bluebird Index perpetual contracts (BLUEBIRDUSDT Perpetual Contracts).
https://twitter.com/CryptoNCoffeee/status/1587063746857410560
The Binance Bluebird Index, a cryptocurrency price index first released in November 2022 and keeps track of BNB, DOGE, and MASK.
The weighted averages of the tokens’ present USDT prices on the Binance Spot market are used in a formula to calculate the Index.
The BNB, Dogecoin (DOGE), and Mask coins are all included in the cryptocurrency price index, and market participants anticipate that these will be the tokens of choice for Twitter.
Moreover, FTX stated that it would list spot and perpetual futures for Mask Network (MASK). Following Binance and FTX, OKX and Bybit have also announced listing MASK on their exchange platforms. Other cryptocurrency exchanges, including MoonXBT, CoinEx, and XT, have jumped in to list MASK too.
Users can send bitcoins and add privacy features from Web3 to social media sites like Facebook and Twitter by using the Mask Network.
A Massive Price Surge
The Mask Network attracted a lot of attention because its pricing increased by approximately 450% in a single week. The MASK price was trading at $0.1 a week ago; today, it is trading at over $5.5.
Currently, the MASK price is $5.63, up more than 50% from the previous day. The trade volume also increased by nearly 85% in a single day.
These are, however, only speculative, and investing without due diligence may be dangerous. Thorough research must be done before investing.
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Binance Coin (BNB) Dips Alongside Ethereum (ETH) While Flasko (FLSK) Surges High
Many investors and cryptocurrency enthusiasts have considerable investments in Binance Coin (BNB), and Ethereum (ETH) have witnessed a decline in their portfolios. This is following the fall of significant cryptocurrency assets this winter. Even with Ethereum (ETH) protocol changes, like the merger with Beacon Chain and Binance Coin (BNB) stability, the prices are still dipping.
Despite the downturn in the market and the possibility of these coins regaining their value, there might not be many expected gains. Instead, a look at rising coins like Flasko, having real-life assets and utility, might be the best option for investors to recoup their losses.
Binance Coin (BNB) Price Dips Amidst Smart Chain Exploit
Binance Coin (BNB) is Binance’s native cryptocurrency. It is used for all transactions on the Binance Smart Chain. At its peak, Binance Coin (BNB) hit an all-time high (ATH) of $690. However, Binance Coin (BNB) saw one of its most enormous losses as a top 5 coin following a hack that saw the coin dropping to around $279.
This resulted in a pause of the Binance Smart Chain, followed by swift actions to contain the exploit. However, Binance Coin (BNB) has since shown signs of recoupment after the hack, with Binance Coin (BNB) trading at $281 at the time of writing. As a result, investors can expect better days as the market stabilizes.
Ethereum (ETH) Prices Continue On A Downtrend
Concerning market capitalization, Ethereum (ETH) remains the second-largest cryptocurrency asset for investors. This is because Ethereum (ETH) has a lot of use cases and innovations, like its usage in smart contracts, which made things easier for investors performing transactions in the decentralized finance industry (Defi), Dapps, or decentralized apps.
However, Ethereum (ETH) has declined by 1.21% in the past 24 hours and is currently trading at $1,325. Overall, Ethereum’s (ETH) market dominance showed a downward bias, as seen in an 18.71% decrease in the last 30 days and a 21.60% decrease over the previous 90 days, as gathered from Binance.
Flasko (FLSK) Investment Set To Achieve Massive Price Surge
With Flasko’s recent presale price, it has already set itself as a significant contender in the crypto industry with people who believe in its potential.
Flasko will be building a cryptocurrency protocol which is the first asset that combines crypto and real-world assets in the form of luxury and rare spirits, champagne, whiskeys, and wines. With this, investors have the opportunity of investing in an asset that increases in value.
The uniqueness of Flasko sets it apart from others, and since the liquidity will be locked for 33 years and it passed an audit with Solid Proof, it shows its legitimacy and profitability in the short term.
Currently, Flasko presale is priced at $0.05 and with a good prospect. Flasko’s potential price surge makes it an alternative investment that can generate profit larger than what Binance Coin (BNB) and Ethereum (ETH) can provide in the short term.
It is not too late to get in on the presale event. We recommend checking out Flasko now.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
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Big Eyes Coin Presale Surges As The Future Of Tron And Axie Infinity Looks Unstable
New cryptocurrencies are constantly entering the market. Although the majority of them vanished as quickly as they emerged, others are worth being recognised for their contribution to the crypto community.
Big Eyes (BIG) is a new cryptocurrency with unique characteristics that are certain to pique the cryptocurrency market’s attention.
Big Eyes (BIG), Tron (TRX), and Axie Infinity (AXS) aspire to revolutionise the game. This article investigates the features of these tokens as well as the likelihood that Big Eyes (BIG) will outperform the two heavyweight projects.
Tron (TRX)
Tron (TRX) is a well-known alternative token that powers all Tron (TRX) payment systems. It was once an Ethereum blockchain token, but it now operates on its own network, enabling smart contracts as well as decentralised applications (dApps). It seeks to compete with its major rivals by offering distributed storage facilities that enable ownership as well as sharing of digitised material to its users.
After inventing TRON, Justin Sun established the TRON Foundation, a non-profit organisation in Singapore, in 2017. Initially limited to Asia, it has since broadened its digital content distribution infrastructure to encompass many more continents.
TRON (TRX) is built on a three-layer systems engineering, with every layer assigned a specific function with the overall objective of guaranteeing the smooth running of the system. The smart control features of TRON (TRX) enable the construction and use of dApps as well as other apps in the application layer.
The core layer is in charge of basic functions such as transaction validation. The storage layer is responsible for storing complicated data and is divided into two components: state storage as well as blockchain storage.
Axie Infinity (AXS)
Axie Infinity (AXS) is a Blockchain-based battling and trade game. The gaming platform creators designed it such that users own and run a portion of it.
Axies — the tokenised creatures on the game Blockchain platform — are collected, raised, bred, battled, and traded by Axie Infinity players. Each Axis is a non-fungible token (NFT) with unique properties and characteristics. It has around 500 distinct body parts available, including snake, aquatic, bird, shrub, bug, and beast parts.
Every Axie can combine these many body parts, making them one-of-a-kind and uncommon. Furthermore, the body parts are classified as common, rare, super rare, or legendary. The rarer your Axie’s body components, the more precious the Axie. Axie Infinity Shards (AXS) is the gaming ecosystem’s native token; it serves as a governance token as well as a store of wealth.
The cryptocurrency is one of the top 50 by market capitalisation on Coinmarketcap and sells for slightly less than $15, with an ATH of $165.37 in the previous financial year.
With the increased use of blockchain games and the prediction of a bull market, experts expect Axie Infinity (AXS) will have a progressive run of up to 100X in the next months. Before committing to a project, it is best to conduct personal study and analysis.
Big Eyes (BIG)
Meme currencies are recognised as wealth producers, as these coins are designed to be community-based. Big Eyes (BIG) is a unique brand of meme coin. Watching the trajectory of this revolutionary meme coin, especially the money raised during the presale, there is no doubt that Big Eyes (BIG) intend to shift value into the Defi.
Big Eyes aims to do more than just give back to the ecosystem; it wants to build a blockchain ecosystem that self-promotes hypergrowth by using NFTs to provide access to additional material and events, making the blockchain industry even more appealing to join.
This token was initially created as a cute token and innovation, with it being viewed as a playful creation, and while it may not have initially been advantageous to the platform to not be treated seriously, the team decided to employ the cuteness as a source of strength and a way of attracting people into its ecosystem.
Big Eyes (BIG) intends to avoid the pattern of crypto platforms that are surrounded by the buzz of the currency without evidence of its growth by going straight to work once the presale has begun. This is a cryptocurrency that has a specific plan of operation.
Big Eyes intends to shift wealth into the DeFi ecosystem, and in order to ensure that this happens safely, the ecosystem Big Eyes creates must self-promote; every element must be necessary to generate wealth and attention for this project, with the exception of the charity aspect, which is slowly developing prominence for the BIG project.
Big Eyes Coin (BIG)
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin
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What is the dependability of the Terra (LUNA) and TerraClassic (LUNC) Surges? Will the Bulls be trapped again?
Terra(LUNA) & TerraClassic have been on a run of late as Do-Kwon, the founder, is reportedly being detained by Interpol. While the negative rounds of news are having such a large impact, the question arises whether the current upswing will prevail or just remain as a short-term bounce.
Do-Kwon, a co-founder, was continuously watched after the historically significant TerraClassic crash in May. He was held accountable by the government for the harm done to the nation’s citizens. A recent update revealed that nearly 195 countries were looking for the founder, who is currently being held by the authorities.
The native tokens Terra (LUNA) and TerraClassic (LUNC) soared in the midst of this and currently top the gainers’ list for the day. But how long will the rally exist?
TerraClassic (LUNC)
Prior to the price of TerraClassic igniting a powerful rally in the final days of August, the price had plateaued. The asset kept rising, reaching its highest point for the month at about $0.00059. But soon after, the trend changed, driving the price sharply below $0.0002. The LUNC price now appears to have defeated the bearish thesis following the enormous rise during the most recent trading day. However, there is still a great deal more to come.
The 66% increase seen in a 4-hour candle indicates a bullish resurgence, but the moving averages show a counter-rally. The 50-day MA level is moving south while the 200-day MA level is crossing over it. The 50-day levels surged high previously when they crossed, but now that they have descended, the rally is also anticipated to end soon.
Terra(LUNA)
On the other hand, despite a sudden increase of almost 30% during the early trading hours, the Terra (LUNA) price is emitting strong bearish signals. Although there was a noticeable price increase, the current consolidation is pointing to a significant downtrend in the coming days.
For the past few hours, the bulls have been facing huge hindrances from the bears, and hence a notable price drain may be highly anticipated. Further, on reaching the lower support below $2, the LUNA price may receive the required base to rebound well.
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Bitcoin Price May Recover Marginally as The US Un-Employment Rate Surges High!
The crypto space has been largely captivated which compels the price to remain consolidated at around $20,000. While the BTC price manages to make it towards the upper resistance, an external factor stikes the crypto space to create roughness. The markets which collapsed with the announcement of the interest rates are also expected to recover as the US employment rates normalize.
A Chief Investment officer at a popular Investment Firm AlphaTraI, recently said that heightened values of the U.S jobs report may create a domino effect in the markets that may drag the BTC price to a 2-year low.
However, the fresh data signifies a growth in employment within the state of the US which may be considered a bullish factor for the crypto space.
As per the report, total US employment increased by 315K against the expected 300K in August. The unemployment rate rose to 3.7% as notable job gains were recorded in professional & business services, health care & retail trade. Further, the US Dollar dropped notably with the release of the data, which is a bullish case for the crypto space.
With the employment rates standing elevated, Bitcoin(BTC) price is also gaining traction as the buying pressure is slowly accumulating. However, some analysts still believe it to be a short-term bounce and the asset may be primed to drop hard after reaching close to $21,000 resistance levels.
On a concluding note, BTC price still appears poised to mark the bottoms below $18,000 before igniting a significant jump.