Analysis
Top metaverse tokens that will take your earnings to the next level
SAND, MANA, and ENJ are all solid metaverse tokens. Each of these tokens powers its own ecosystem and has potential for growth. As the metaverse evolves, so will their value increase. Metaverse tokens have seen numerous developments and updates. On April 25, 2022, The Sandbox announced that they are expanding on Hong Kong culture with the second part of their LAND sale, which is centered around the Mega CIty district. This led to a lot of activity in the network. Decentraland also saw numerous updates; on April 28, they announced that they are excited to attend and sponsor NFTxROADS – The NFT event in Spain. On April 25, 2022, Enjin Coin partnered with Bit2Me Global, the first cryptocurrency platform that is recognized by the Bank of Spain and a company that offers simple, secure, and...
Everything you need to know about Ethereum 2.0 & The Merge!
Quick facts about The Merge… Ethereum 2.0 is the transition from the proof of work (PoW) consensus mechanism to the proof of stake (PoS) model. PoW is used by a handful of blockchains, the most notable of which is the father of cryptocurrencies—Bitcoin (BTC). Ethereum also started out using the PoW method, but as its popularity grew, PoW was found to be too labour intensive for Web 3.0, too slow, and too environmentally unfriendly. PoS on the other hand completes transactions more efficiently, uses less power, and benefits from much lower transaction fees. Network stakeholders validate transactions and are rewarded for their efforts with the native currency of the platform—in this case, ETH. Why do people call The Merge Ethereum 2.0? Ethereum 2.0, Eth2 or The Merge are all the same thing u...
Memecoins not to miss on April 28: BABYDOGE, FLOKI and KISHU
BABYDOGE, FLOKI and KISHU are all memecoins. Each of them has the potential for extreme growth. As their memecoin communities grow, so will the tokens. Baby Doge Coin (BABYDOGE), Floki Inu (FLOKI), and Kishu Inu (KISHU) are all memecoins that have the highest potential for growth in May. We are going to go over each token individually to get a better look at how far they can grow in value. Should you buy Baby Doge Coin (BABYDOGE)? On April 28, 2022, Baby Doge Coin (BABYDOGE) had a value of $0.000000002164. When we go over the all-time high value of the Baby Doge Coin (BABYDOGE) token, it was on January 16, 2022, when the token reached a value of $0.000000006345. At its ATH, the token was $0.000000004181 higher in value, or by 193%. When we go over the performance of the token t...
Could Lido Finance’s popularity put a damper on Ethereum’s decentralisation?
The high incentivisation of Lido Finance staking pools could centralise ETH supply control to the protocol. Ethereum will gain sufficient decentralisation to offset a potentially dominant Lido with the increasing adoption of competing liquid staking solutions. Lido Finance is Ethereum’s premier liquid staking protocol and has in recent months seen parabolic growth in the volume of staking deposits it receives. The spark behind the surge was the launch of the Beacon Chain, Ethereum’s PoS blockchain, to which users can’t withdraw their staked assets until launch. A leader in liquid staking, Lido Finance allows users, especially those who cannot manage their validator nodes, to put their ETH into staking pools at a 4% APR yield. Amongst other advantages, users who stake in Lido’s pools ...
These are the DEX tokens that should not be missed on April 27
ZRX, SUSHI and CAKE are the best DEX tokens you can get on April 27. Each token has seen numerous developments and a high level of growth. All of these tokens can grow in value further. After the decentralized exchange (DEX) protocol 0x Labs raised $70 million from Greylock, OpenSea, and Jared Leto, in a Series B Round, there has been a spike in interest surrounding DEX tokens. 0x Labs is a non-fungible token (NFT) partner of Coinbase, and they rolled out a set of NFT swap features that enabled users to exchange digital collectibles across multiple blockchains. All of these developments sparked an interest in DEX tokens, and today, we will be going over some of the best options you have. We will be taking an in-depth look at the values of ZRX, SUSHI, and CAKE to give you an indicatio...
Top trending tokens of April 26, 2022: GMT, APE, XCAD and EOS
STEPN (GMT), ApeCoin (APE), XCAD Network (XCAD), and EOS (EOS) are trending as of April 26, 2022. Each token has showcased a high level of growth. All of these tokens can increase in value going forward. STEPN (GMT), ApeCoin (APE), XCAD Network (XCAD) and EOS (EOS) are the biggest trending tokens at the moment, which have seen a significant increase in value as of April 26, 2022. Today, we are going to go over each of these tokens individually, so you can have a heightened perspective of what you can expect before investing in each one of these tokens. Should you buy STEPN (GMT)? On April 26, 2022, STEPN (GMT) had a value of $3.3641. The all-time high of STEPN (GMT) was on April 20, 2022, when the token reached a value of $3.80. Here we can see that the token was $0.4359 higher in value or...
Web3 solutions aim to make America’s real estate market more accessible
America’s housing market may soon be facing its next bubble as home prices across the country continue to be fueled by demand, speculation and lavish spending that could result in a collapse. Moreover, many homeowners are opting to stay put due to climbing mortgage rates, creating a housing shortage. Data from the Federal National Mortgage Association, commonly known as Fannie Mae, found that 92% of homeowners think their current home is affordable. Yet, findings further show that 69% of the general population, consisting of both homeowners and renters, believe it’s becoming too difficult to find affordable housing. Web3 and the real-estate market While the fate of the United States housing market remains unclear, the rise of Web3 business models based around nonfungible tokens (NFTs...
Top smart contract platform tokens worth considering on April 25
Terra (LUNA), TRON (TRX), Polkadot (DOT), Polygon (MATIC), and Elrond (EGLD) are all smart contract platform tokens. Each token has showcased a significant level of growth throughout the past month. All of these tokens can increase in value going forward and are solid options to buy on April 25. Terra (LUNA), TRON (TRX), Polkadot (DOT), Polygon (MATIC), and Elrond (EGLD) are some of the best smart contract platform tokens that you can get on April 25, 2022. We are going to go over each token individually so you can have a better perspective of what you can expect. Should you buy Terra (LUNA)? On April 25, 2022, Terra (LUNA) had a value of $88.46. The all-time high of Terra (LUNA) was on April 5, 2022, when the token reached a value of $119.18. When we look at March’s performance, Terra (LU...
Bitcoin’s 30-day correlation with tech stocks hits July 2020 numbers
The Fed’s decision to tighten monetary policy has primarily caused this increased correlation Bitcoin’s correlation with the dollar strength index is as high as March 2020 Analysts at Arcane Research have published a report detailing that Bitcoin’s 30-day correlation with the stocks has reached heights not seen since July 2020. The post revealed that the flagship crypto’s correlation with gold is now at an all-time low, all of which are bearish indicators for the leading digital asset token. Further, it also noted that Bitcoin’s correlation to the U.S. Dollar index had reached 0.53, the highest since March 2020, as the dollar continues regaining strength. Impact of the U.S. Fed policy One huge cause for this shift is the U.S. Federal Reserve policy. While the leading digital asset by...
Best tokens to buy under $1 on April 22, 2022
Stellar (XLM), Hedera (HBAR), Zilliqa (ZIL) and Chain (XCN) are all tokens you can get for under $1 All of these tokens have seen increases in value throughout the past month. Each token has huge potential for growth. Stellar (XLM), Hedera (HBAR), Zilliqa (ZIL) and Chain (XCN) are all tokens that are under $1, and we are going to go over each token individually so you can know what to expect when buying any one of them. Should you buy Stellar (XLM)? On April 22, 2022, Stellar (XLM) had a value of $0.196304. The all-time high value of Stellar (XLM) was on January 3, 2018, when it reached a value of $0.875563. Here, we can see that at its ATH, the token was $0.679259 higher in value or by 346%. When we go over the performance of the token throughout the previous month, Stellar (XLM) had its ...
Solid gaming tokens to get on April 21: XED, FLAME, GCOIN and RBLS
Exeedme (XED), FireStarter (FLAME), Galaxy Fight Club (GCOIN) and Rebel Bots (RBLS) are all gaming tokens. Each one has seen a solid level of growth. All of these tokens can further increase in value. Exeedme (XED), FireStarter (FLAME), Galaxy Fight Club (GCOIN) and Rebel Bots (RBLS) are all gaming tokens. The blockchain gaming industry has rocketed 2,000% throughout the span of a single year. In fact, on average, blockchain-powered games have attracted 1.22 million daily unique active wallets (UAWs) this past March, according to data from DappRadar. We will be going over each token individually as a means of seeing how far they can grow. Should you buy Exeedme (XED)? On April 21, 2022, Exeedme (XED) had a value of $0.2814. The all-time high of Exeedme (XED) was on March 17, 202...
Ethereum (ETH) and Terra (LUNA) favoured by a popular Real Vision Bot
The Real Vision hive mind bot is popular for outperforming the combined top 20 crypto assets by more than 20% Terra’s LUNA regained the top spot as the most heavily weighted digital asset Real Vision’s Hive Mind bot, notorious for outperforming top crypto assets in the markets, has revealed the portfolio assessment for the week, and it finds Terra the most heavily weighted digital asset. The Real Vision Bot conducts surveys of traders to understand crypto-related data, which it uses to establish an algorithmic portfolio assessment based on Hive Mind. The latter is a consensus that determines to understand the general consciousness and behaviour of a group of people to determine what direction they might take next. This data-crunching bot was created jointly by quant analyst/ hedge fund exe...
