Analysis
What’s a TikTok Hit Worth? This Year’s Most Popular Track Grew Over 1,000% on Streaming
TikTok has proven its success at renewing widespread interest around old songs countless times over the past several years. 2022 was no exception, as the short-form video platform announced Swedish Sadboy rapper Yung Lean’s 2013 track “Ginseng Strip 2002” was its most popular track of the year thanks to a trend of users singing along for about 10 seconds and then kissing at the end. The nearly decade-old track was used in almost 11 million videos across the app in 2022, and while TikTok royalties are notoriously low to music rights holders, the upside proposition has been established that a viral hit there will drive streaming elsewhere. With “Ginseng Strip 2002,” that was most certainly true. Since the “Ginseng Strip 2002” TikTok trend started to take off around the turn of the new year, ...
Decentraland vs Metacade: Are These the Best Metaverse Tokens Out There?
The metaverse is shaping up to be an absolute game-changer with more and more companies and users getting on board every day. It’s no wonder that Web3 and GameFi have garnered so much interest recently. It provides a more interactive environment for users – investors, developers, and players – to be rewarded for their participation and input. As more and more people start getting into the metaverse, the field is getting crowded with new companies. While that happens, it’s hard to know which projects to give your attention to. It’s clear that Decentraland and Metacade are two top projects primed to capitalize on people’s interest. Let’s examine Decentraland vs Metacade to see how they will fare and compare in 2023 and beyond. Metacade Explored Metacade (MCADE) is best described as an ...
Why Metacade (MCADE) Seems to Be One of The Best Investments in 2023 After Its Presale Launch
The last crypto bull market turned countless beggars into millionaires. All you had to do was invest in top cryptocurrency like Solana, The Sandbox, Axie Infinity, or even Ethereum at the right time. If you missed out on your big break during the last bull market, don’t make the same mistake in 2023. Metacade is one of the hottest emerging metaverse tokens that could repeat the performance of some of the top cryptocurrency candidates in the last market cycle. Don’t believe us? Keep reading. This article will tell you everything that you need to know about Metacade and its MCADE token in the sections below. What is Metacade? Metacade is setting up to become Web3’s first community arcade. It’s a virtual arcade destination that users can visit to try out the latest GameFI projects, compete in...
‘Imminent’ crash for stocks? 5 things to know in Bitcoin this week
Bitcoin (BTC) starts its first full week of December at three-week highs as bulls and bears battle on. After a weekly close just above $17,000, BTC/USD seems determined to make the most of relief on stocks and a weakening U.S. dollar. As the United States gears up to release November inflation data, the dollar looks to be a key item to watch as BTC price action teases a recovery from the pits of the FTX meltdown. All may not be as straightforward as it seems — miners are facing serious hardship, data shows, and opinions on stocks’ own ability to continue higher are far from unanimous. As the end of the year approaches, will Bitcoin see a “Santa rally” or face a new year nursing fresh losses? Cointelegraph presents five areas worth watching in the coming days when it comes to BTC/USD perfor...
What Happens to Motown Next?
When Motown Records chairwoman and CEO Ethiopia Habtemariam announced on Tuesday she would be stepping down to “pursue new endeavors,” the news was met with surprise, concern and the one inevitable question: What’s next for the storied label founded by Berry Gordy? “Nobody saw this coming,” says one veteran label executive of the stunning announcement, stemming from the fact that Habtemariam was promoted to the chairwoman/CEO post in March 2021, only 20 months ago. Her groundbreaking appointment as the third woman — and only the second one of color — ever to hold that title at a major label was concurrent with other major news: Motown was being re-established as a standalone label after first being under the Island Def Jam umbrella and most recently under the Capitol Music Group banner. Du...
The Sandbox vs Metacade: which is the better metaverse token?
The metaverse is one of the most talked-about trends in web3. Its increasing presence has in turn given rise to a new type of crypto – the metaverse token. These tokens are valuable because of their utility, used in cases such as purchasing services or crafting items inside blockchain-based worlds. One of the most popular metaverse tokens today is The Sandbox (SAND). However, there is a new and upcoming project called Metacade (MCADE) – on a mission to become the leading name in the metaverse and overtake incumbents like SAND. What is The Sandbox and how does its metaverse token (SAND) work? The Sandbox is a notable metaverse project because its VoxEdit tool makes it easy for anybody, even those without coding experience, to create virtual assets (ASSETS). These can be traded inside T...
Filecoin Investors are Getting into Metacade – MCADE Presale could Break Records
Cryptocurrencies have helped numerous investors earn big profits in the last few years. But what about those who’ve missed out because they hesitated or found out about an investment opportunity too late? Many people think the new Metacade project could be one of the best crypto to buy now because its opportunity for growth is huge. So why are so many Filecoin holders thinking of moving from FIL over to MCADE? Here’s the answer. FIL holders are starting to invest in Metacade Filecoin is best described as a decentralized storage network that aims to store the information that’s considered most valuable to the human race. Anyone can offer up storage space or store their files with Filecoin. Security and authentication are among the most important features on this platform, and quite a few ma...
Non-whale Bitcoin investors break new BTC accumulation record
Some non-whale Bitcoin (BTC) investors seem to have had zero issues with the cryptocurrency bear market as well as fear, uncertainty and doubt (FUD) around the fall of FTX, on-chain data suggests. Smaller retail investors have turned increasingly bullish on Bitcoin and started accumulating more BTC despite the ongoing market crisis, according to a report released by the blockchain intelligence platform Glassnode on Nov. 27. According to the data, there are at least two types of retail Bitcoin investors that have been accumulating the record amount of BTC following the collapse of FTX. The first type of investors — classified as shrimps — defines entities or investors that hold less than 1 Bitcoin, $16,500 at the time of writing, while the second type — crabs — are a category of addresses h...
Decentraland vs Metacade: How Different Are They Really?
Decentraland (MANA) was an early entrant to the Web3.0 virtual universe on the blockchain. The project was gaining traction in 2020 and when the market for NFTs and digital assets soared in 2021, Decentraland saw its value rocket higher. As the market goes through a recent bear market, investors are now looking for other projects that can be metaverse leaders. Metacade has jumped onto that list and the project has just launched a presale of its MCADE utility token. What is Metacade? Metacade is creating a Web3.0 hub for developers and gamers to meet and collaborate. The project is setting out to build the world’s first community-led play-to-earn arcade on the path to being a leading Game-Fi destination. Metacade’s aim is to attract a thriving community of casual and serious gamers to ...
Metacade (MCADE) has Everything to be One of the Best Metaverse Tokens in 2023; Token Presale is Driving Significant Interest from Investors
With the metaverse tipped to be one of the biggest technological revolutions the world has ever seen, getting in early could generate life-changing gains over the coming decades. But with many new entrants to the market, it can be tricky to find the best metaverse tokens. A new token, Metacade, is currently in presale and has been attracting plenty of attention from metaverse crypto investors. In this article, we’re going to introduce you to Metacade and why it could be one of the best metaverse tokens to invest in for 2023. Why Invest in Metaverse Tokens? Before we cover why Metacade could be one of the best metaverse tokens of 2023, we first need to explain why you should consider investing in the metaverse. According to Grand View Research, the metaverse is one of the fastest-growing in...
How bad is the current state of crypto? On-chain analyst explains
Despite the market downturn and the widespread negative sentiment in the industry in the wake of the FTX collapse, on-chain data still show reasons to be bullish on Bitcoin (BTC). As pointed out by on-chain analyst Will Clemente, it’s enough to look at the positions of long-term holders, which reached an all-time high despite their profitability being at an all-time low. “Long-term holders buy heavily into the bear market. They set the floor, […] and then those long-term holders distribute their holdings to new market participants in the bull market,” he told Cointelegraph in an exclusive interview. Another positive trend worth noticing after the FTX collapse, in Clemente’s opinion, is that the average crypto user is increasingly turning away from exchanges and taking self-cust...
Crypto awakening: Researcher explains ETH exodus from exchanges
Blockchain analytics carried out by a Nansen researcher has highlighted outflows of Ether (ETH) and stablecoins from centralized exchanges in the wake of FTX’s collapse. Nansen research analyst Sandra Leow posted a thread on Twitter unpacking the current state of decentralized finance (DeFi), with a specific focus on the movement of ETH and stablecoins from exchanges. As it stands, the Ethereum 2.0 deposit contract contains over 15 million ETH, while some 4 million Wrapped Ether (wETH) is held in the wETH deposit contract. Web3 infrastructure development and investment firm Jump Trading holds over 2 million ETH tokens and is the third largest holder of ETH in the ecosystem. The current state of DeFi in @nansen_ai charts — sandra lmeow (@sandraaleow) November 22, 2022 Binance, Kraken, Bitfi...
