Analysis
Top NFT tokens to consider on April 20: GMT, GENE and AUDIO
STEPN (GMT), Genopets (GENE) and Audius (AUDIO) are all NFT platform-based tokens. Each token has showcased signs of growth. All of these tokens have the potential for much further growth. STEPN (GMT), Genopets (GENE) and Audius (AUDIO) are all non-fungible token (NFT) platform tokens. In order for us to see how far these tokens have grown and how much further they can grow in value, we will be taking a look at each one of them individually. Should you buy STEPN (GMT)? On April 20, 2022, STEPN (GMT) had a value of $3.5257. When we go over the ATH point of value, STEPN (GMT) was worth $3.79 on April 19, 2022. At its ATH, the token was just $0.2643 higher in value or by 7%. Going over the performance of the token throughout the previous month, STEPN (GMT) had its lowest point on March 11 at ...
Tokens that are the biggest gainers of April 19: SANSHU, CPOS and GXT
Sanji Inu’s trading volume increased by 634% in the last 24 hours, and its value increased by 842%. CPOS Cloud Payment’s value increased by 282%, and its trading volume increased by 654%. Gemma Extending Tech’s value increased by 220% in the last 24 hours, and its trading volume increased by 1,317%. Sanshu Inu (SANSHU), CPOS Cloud Payment (CPOS), and Gemma Extending Tech (GXT) are some of the biggest gainers throughout the past 24 hours, as of April 19. Each of these tokens has tremendous potential for growth, and we are going to go over each token individually to see how far they can climb in value. Should you buy Sanshu Inu (SANSHU)? On April 19, 2022, Sanshu Inu (SANSHU) had a value of $0.000000000157. When we go over the all-time high value of the Sanshu Inu (SANSHU) token, it was on M...
Ethereum price ‘bear flag’ could sink ETH to $2K after 20% decline in three weeks
Ethereum’s native token Ether (ETH) has dropped by nearly 20% in the last three weeks, hitting monthly lows near $2,900 on April 19. But despite rebounding above $3,000 since, technicals suggest more downside is possible in the near term, according to a classic bearish pattern. Ethereum price ‘bear flag’ setup activated Dubbed “bear flag,” the bearish continuation signal appears as the price consolidates higher inside an ascending parallel channel after a strong downward move (called the flagpole). It resolves after the price breaks out of the channel to drop further. ETH’s price turned lower after testing its bear flag’s upper trendline on April 4 and now eyes an extended decline towards its lower trendline near $2,700. If the pattern pans out as ...
Top crypto analyst predicts LUNA could shed up to 50%
Cred says LUNA’s market structure is showing a post fakeout reclaim He predicts that the price of the native token for Terra could slide as low as $40 A largely-followed crypto analyst has predicted that a downfall could be coming for LUNA, with a forecast that the price of the Terra-native asset could fall more than 50%. Cred, a top crypto analyst, said in a recent YouTube session that the current LUNA structure is a cause of concern and should it emulate previous patterns (a post-fakeout reclaim shown by Solana), then the recent optimistic prices shaped up into a massive a bull trap. “I’m just drawing a structure from the highest close, the December high, and then [the] weekly [candle] closed way above it. Made a new all-time high and the next weekly just bearish engulfed it… That’...
SHIB and ELON: are these Dogecoin alternatives worth getting?
SHIB and ELON were both developed as meme-coins. Over time, they experienced a lot of developments. These tokens could grow in value tremendously. Shiba Inu (SHIB) and Dogelon Mars (ELON) are both meme-coins inspired by the success of Dogecoin (DOGE), which over time evolved with their own ecosystems. These tokens have tremendous potential for growth, and today, we will go over each token to see by how much. Should you buy Shiba Inu (SHIB)? On April 15, 2022, Shiba Inu (SHIB) had a value of $0.00002595. In order for us to see what this value point means for the SHIB token, we will be going over its performance throughout the previous month, as well as its all-time high value. The all-time high point of value for Shiba Inu (SHIB) was on October 28, 2021, when it reached $0.00008616. This me...
Nexo launches crypto card…and you don’t have to sell your coins
Nexo, the digital asset lending institution, today launched the Nexo Card. In a partnership with MasterCard, the crypto-powered card boasts the ability to be used to transact with over 90 million merchants. And the thing that makes it one-of-a-kind? You don’t have to sell your crypto. Which for crypto people, is a very good thing. Keep Your Assets That’s because the Nexo Card is linked to a crypto-backed credit line with Nexo, which starts at 0% APR and is capped at 13.9%. So rather than spending your digital assets, you instead use them as collateral – a pretty neat piece of innovation. Furthermore, the collateral mechanism is dynamic, and you can put up multiple assets against your credit – such as a mix of Bitcoin, Ethereum stablecoins and much more. It’s a product which crypto enthusia...
Oracle tokens do not want to miss: LINK, UMA and API3
Chainlink (LINK), UMA (UMA) and API3 (API3) have all showcased solid signs of growth. Each of these tokens will grow in value going forward. We will go over each token individually and analyze its value. Chainlink (LINK), UMA (UMA), and API3 (API3) are all solid Oracle tokens that you can get on April 13. We are going to go over each token individually so you can know what to expect in terms of their growth. Should you buy Chainlink (LINK)? On April 13, 2022, Chainlink (LINK) had a value of $13.87. When we look at the all-time high of the token, Chainlink (LINK) had its ATH on May 10, 2021, when the token reached a value of $52.70. Going over the performance of the token in March, Chainlink (LINK) had its lowest point on March 7 at $12.55, while its highest point was on March 31 with...
Glassnode observes profits among BTC holders despite the recent market slump
Glassnode says three-quarters of Bitcoin addresses are in profit even though the markets are struggling Short-term holders are seeing reduced loss realisation, with a current figure of 8.3k BTC per day This week’s edition of the Week On-Chain newsletter by Glassnode has evaluated the development and ‘health’ of Bitcoin’s user base as indicated by on-chain activity and profitability of the network. The report, published on Monday, found that despite the recent bearish condition, the current market is performing better than the previous bear markets. Comparisons show less severity given that just between 25% to 30% of the market sits at an unrealised loss; however, warning that should sell-side pressure increase, the situation could change for the worse. “The current bear market is not as se...
Should you buy these AMM tokens: UNI, CAKE, SUSHI and 1INCH
Uniswap (UNI), PancakeSwap (CAKE), Sushi (SUSHI), and 1inch (1INCH) are all AMM tokens. Each token has showcased signs of growth. All of these tokens have the potential to reach new heights in terms of their value. Uniswap (UNI), PancakeSwap (CAKE), Sushi (SUSHI), and 1inch (1INCH) are all automated market maker (AMM) tokens, and all of them have huge potential for growth. We will be going over all of these tokens individually so you can have a heightened perspective of how far they can grow in value. Should you buy Uniswap (UNI)? On April 11, 2022, Uniswap (UNI) had a value of $9.34. When we look at its ATH value, Uniswap (UNI) had a value of $44.92 on May 3, 2021. Going over the performance in March, Uniswap (UNI) had its lowest value on March 7 at $8.20. Its highest point was on M...
Best BNB Chain tokens you can get on April 7: BSW, XIDO and FXS
Biswap (BSW), Xido Finance (XIDO) and Frax Share (FXS) are all BNB Chain tokens. Each token has showcased high levels of growth. All of these tokens can increase in value going forward. Biswap (BSW), Xido Finance (XIDO) and Frax Share (FXS) are all part of the BNB Chain. Today, we are going to go over each token individually to see how far they can grow. Should you buy Biswap (BSW)? On April 7, 2022, Biswap (BSW) had a value of $1.3472. The all-time high value of Biswap (BSW) was on December 8, 2021, when the token reached a value of $2.10. When we go over the performance of the token throughout the previous month, Biswap (BSW) had its lowest point on March 14 at $0.2839. The token’s highest point of value was on March 21, when it increased to $1.0941. Here, we can see th...
Discover which top-performing tokens you should get on April 6
FXS, MINA and XEC are all solid-performing tokens. Each token has showcased a high level of growth. We are going to individually go over each token so you can see why they are worth buying. Frax Share (FXS), Mina Protocol (MINA), and eCash (XEC) are all high-performing cryptocurrencies on April 6. Each token has showcased high levels of growth, and we are going to go over each token so you can see why they are worth getting. Should you buy Frax Share (FXS)? On April 6, 2022, Frax Share (FXS) had a value of $32.19. The all-time high of the Frax Share (FXS) token was on January 12, 2022, when it reached a value of $42.80. When we go over the performance of the token throughout the previous month, Frax Share (FXS) had its lowest point on March 11, when it was worth $16.39. Its highest point w...
Bitcoin transaction fees hit decade lows, here’s why
It’s a great time to move Bitcoin (BTC) between wallets and exchanges. Bitcoin transaction fees have hit all-time lows in BTC, according to research by Galaxy Digital. #bitcoin fees are at all-time lows. the craziest thing? fall 2021 was the first bull run not accompanied by a major spike in fees. how is that possible? what does it mean? here’s a thread explaining the most confounding (and awesome) chart in bitcoin. (remember june 2021) pic.twitter.com/gnWssTckX2 — Alex Thorn (@intangiblecoins) April 5, 2022 As shown on the graph below, the Bitcoin mean transaction fee has plummeted to 0.00004541 Bitcoin ($2.06) in 2022, while the median is 0.00001292 Bitcoin ($0.59) which is the lowest of any year except 2011, according to the report. Graph to show the fees trending down ...
