Author: BTCLFGTEAM

  • Two Cryptocurrencies You Need To Get Stuck Into, With Big Eyes Coin And Shiba Inu

    Two Cryptocurrencies You Need To Get Stuck Into, With Big Eyes Coin And Shiba Inu

    With the world of crypto constantly evolving and gaining and losing popularity and hype by the day, it can be tricky to know where to direct your attention. Who is the next best cryptocurrency? What platforms can I trust? What coins should I invest in to maximise monetary growth and success in the crypto world?

    We’ve got you covered.

    With various coins escalating in the market and their successes being determined by the hour in some instances, many of us need direction to point us towards the best coins for us. Big Eyes Coin and Shiba Inu are game changers and it might be the right time to invest more than your time into these coins.

    Big Eyes Coin And Its Cat-ulous Crypto Qualities

    For many of us, the thought of involving cats in any aspect of our daily lives sounds like an absolute dream. So how about incorporating your love for the feline friends into the world of decentralised finance? How do you ask? Let’s learn.

    This crypto cathouse is not yet on the market, however, its presale setup is exceeding expectations and has already raised an impressive nearly $9 million. The community-owned coin gives the users the power to have their say on the way the platform works and how the functionalities work in their favour.

    Big Eyes Coin gives anyone involved in crypto at whatever level the perfect opportunity to invest in a new and exciting platform.

    The crypto community also allows people with shared interests to connect and develop their understanding of cryptocurrency. It creates the perfect space for cat lovers everywhere to interact with each other and deepen their knowledge and investment into Big Eyes. With fantastic features for animal lovers and environmental impacts with the platform’s NFTs and charitable causes, Big Eyes are the coin to keep your eyes peeled for.

    With the Big Eyes Coin raising nearly $9 million in just the presale alone, it is clear that this up-and-coming coin is one to buckle up for. They are also offering super cute bonuses when you sign up! When you use the code BEYES948, you can unlock even more exciting features with Big Eyes.

    But when it comes to more established and well-known coins like Shiba Inu, how does it compare to the hype and excitement around the Big Eyes Coin?

    Shiba Inu Looking Better Than Ever On The Market

    Kickstarting in 2020, the dog meme token has inspired millions of people across the globe to invest in them. The community-led coin has evolved into a vibrant ecosystem and has won the hearts of many with its extremely cute charm. It has landed many successes in the world of crypto including being listed in Coinbase last year, which is the largest US-based crypto exchange.

    How cool is that?

    This spike in popularity last year caused the prices to increase by 40% in the days coming.  Bitstamp, the biggest crypto exchange in Europe have also stated that it would list Shiba Inu for trading at the beginning of 2022.

    The meme token is taking the crypto world to whole new levels. Not only does it make cryptocurrencies more inviting, but it attracts bigger groups of people and allows them to connect in the world of crypto. Shiba Inu brings those not too into cats to an online community to explore and invest online.

    Big Eyes Coin is for cat lovers. Shiba Inu is for dog lovers. There is a crypto coin for everyone.

    On That Note…

    Both Big Eyes Coin and Shiba Inu both allow lovers of memes to invest in crypto. If you are a fanatic of these memes, or just looking to invest in crypto then what are you waiting for? Check the links out now and get involved.

     

    Presale: https://buy.bigeyes.space/

    Website: https://bigeyes.space/

    Telegram: https://t.me/BIGEYESOFFICIAL

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  • crypto price today: Crypto Price Today: Bitcoin holds $20K; Shiba Inu & Cardano tank up to 5%

    crypto price today: Crypto Price Today: Bitcoin holds $20K; Shiba Inu & Cardano tank up to 5%

    New Delhi: Major crypto tokens slipped on Friday on some profit booking after a strong rally in the last few days.
    Bitcoin was above the $20,000 level, whereas Ethereum managed to hold $1,500. The US economy rose 2.6% in the third quarter, higher than expected growth of 2%.

    Barring the Uniswap and the US dollar-pegged Tether, all othe
    r top crypto tokens were trading lower. Cardano and Shiba Inu plunged 5% each, followed by Ethereum and Polygon, which shed 3% each.

    The global cryptocurrency market cap breached below the $1 trillion mark to $980.18 billion, after dropping more than 2% in the last 24 hours. However, the total trading volume tanked as much as 13% to $89.23 billion.

    What’s cooking in India

    Crypto staking platform UniFarm has entered into a strategic alliance with Bengaluru-based ONMETA. The partnership is aimed at empowering Indian users with Indian currency-based purchase of tokens for staking to earn passive income.

    Expert take

    Edul Patel, CEO and co-founder of Mudrex, said Shiba Inu coin has reached a significant milestone in terms of the percentage of long-term holders. Currently, it jumped to the highest value of 38%.

    “Long-term SHIB holders have grown far more since the beginning of 2022, from barely 1% to over 38% of holders,” he said. “The percentage of short-term holders remains relatively steady and midterm speculators continue to decline,” he added.

    Global Updates

    Hong Kong plans to legalize retail trading of cryptos as it looks to become a crypto hub, according to a Bloomberg report. Crypto platforms will be required to apply for a license to offer retail trading.

    Tech giant Google will be launching a cloud-based node engine for Ethereum projects. The company said its Google Cloud Blockchain Node Engine means that it will be responsible for monitoring node activity and restarting them during outages.

    Nearly 12% of all BEP-20 tokens, the standard token on the BNB chain, are tied to scams, according to recently released research from crypto risk monitoring firm Solidus Labs.

    Tech view by BuyUcoin cryptocurrency exchange

    DOGE surged 35% on Twitter deal. The most popular meme coin, DOGE, has witnessed a mega rally since Monday as Elon Musk’s Twitter deal neared finalization. Elon Musk has been a staunch supporter of DOGE and his tweets often move the prices of meme coins in a significant way.

    The jump in DOGE prices is mainly linked to the positive news circulation but lacks fundamental backing so investors should buy the coin as per their risk appetite with a long-term perspective. DOGE was originally designed as a payment mechanism and its growth will depend on real-world use cases, the experts suggested.

    (Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the asset/s mentioned.)

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  • SHIB could rally another 20% based on these factors

    SHIB could rally another 20% based on these factors

    Shiba Inu price took the market by surprise as a 20% rally unfolded early in the week. Key levels have been identified to gauge a potential entry before the uptrend continues.  

    Shiba Inu price could rally higher

    Shiba Inu price rallied in applaudable fashion as the notorious meme coin pulled off a stunning 20% rally. At the current time, the bears have entered the market, forging an 8% decline. Still, there are reasons to believe the uptrend move is still ongoing. 

    Shiiba Inu price currently auctions at $0.00001089. During the recent upswing, the bulls have breached both the 8-day exponential and 21-day simple moving averages. Now, the two trend indicators converge under the SHIB price, which signals bullish strength.

    tm/shib/10/27/22

    SHIB/USDT 12-Hour Chart

    A Fibonacci retracement tool surrounding the strongest part of the recent rally suggests the current profit-taking consolidation is just a 50% retracement. If market conditions persist, a bullish cross of the indicators could prompt an additional 20% rally. Key bullish targets would be $0.00001250 and potentially $0.00001300.

    Invalidation of the bullish thesis could occur if the bears manage to tag the $0.00001040 liquidity zone. A sweep of the low could trigger a mudslide rally toward $0.00000970. The price of Shiba Inu would decline by 11% if the invalidation scenario occurred. 

    In the following video, our analysts deep dive into the price action of Shiba Inu, analyzing key levels of interest in the market. -FXStreet Team

     

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  • Best cryptocurrencies to buy as Bitcoin price rebounds

    Best cryptocurrencies to buy as Bitcoin price rebounds

    Cryptocurrency prices have made a strong bullish recovery in the past few days. Bitcoin surged to over $20,000, which was the highest level since early this month. It has risen by more than 13% from the lowest level this month. Here are the best cryptocurrencies to buy as prices bounce back.

    Ethereum

    Ethereum price rose sharply this week. It managed to rise to a high of $1,556, which was the highest level since September 15. It has surged by more than 25% from the lowest point in September. 

    Ethereum is a good cryptocurrency to buy because of its strong correlation with Bitcoin and its strong market share in key industries. For example, it has a strong stake in Decentralized Finance (DeFi) and Non-Fungible Token (NFT).

    Ethereum has another catalyst. The developers are working on the next big update known as Shanghai which is expected to go live in 2023. The upgrade will bring new functionalities in the Ethereum Virtual Machine (EVM). It will also implement staked withdrawals. 

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


    Buy ETH with eToro today

    Bitstamp

    Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies.

    Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.


    Buy ETH with Bitstamp today

    Cosmos ATOM

    Cosmos is one of the biggest blockchain projects in the world. It makes it possible for developers to build quality interconnectedness applications. Some of the top apps in its ecosystem are Cronos, ThorChain, and Osmosis.

    ATOM price has risen by more than 20% from its lowest point in October. The next key catalyst for Cosmos will be the upcoming launch of the second version of Cosmos. This version will introduce staking in its ecosystem and more functionalities. The most important functionality will be on liquid staking, which will help to secure other platforms.

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


    Buy ATOM with eToro today

    Uphold

    Uphold is a platform which has over 50 cryptocurrencies to choose from.

    It’s users can make crypto trades with a bank account, credit card or crypto debit card. It has variable fees and allows users to automate trades.

    Users who are on Brave’s internet browser can also earn BAT tokens based on their browsing habits.


    Buy ATOM with Uphold today

    Chainlink

    Chainlink is a leading oracle network that makes it possible for developers to bring data from off-chain and on-chain. As such, it is widely used in decentralized finance (DeFi), where it is used by leading platforms like Aave and Uniswap.

    Chainlink price has also risen by double-digits in the past few days as cryptocurrencies and DeFi rebound. Like with Cosmos, Chainlink has a catalyst that could push its price higher. First, its developers are working with Swift, the giant payment network.

    Second, Chainlink price will also react to the upcoming launch of Chainlink 2.0. The new upgrade will change Chainlink into a decentralized oracle network (DON). As a result, it will become possible to power decentralized smart contracts on any blockchain. It will also introduce staking.

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


    Buy LINK with eToro today

    Bitstamp

    Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies.

    Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.


    Buy LINK with Bitstamp today

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  • SHIB 8% Gain Bigger Than TWTR’s As Elon Musk Set For Twitter Takeover

    SHIB 8% Gain Bigger Than TWTR’s As Elon Musk Set For Twitter Takeover

    Shiba Inu managed to finally be on the green across its short-term price charts as SHIB gets exposed to a number of positive stimuli over the last few days.

    The cryptocurrency reacted positively to the news of Elon Musk’s upcoming takeover of social media giant Twitter, increasing the price of SHIB by over 8% just moments after the development was announced.

    The meme crypto, however, experienced a slight price correction according to latest tracking from Coingecko. At press time, SHIB is changing hands at $0.00001087.

    It is still up by 10.1% over the last seven days and by 6.8% for the past two weeks. SHIB also managed to slash its 30-day losses to just 2.2%.

    The altcoin performed decently over the last couple of days that it actually managed to surpass Twitter’s stock (TWTR) in terms 24-hour gains.

    TWTR settled at $53.35 on Thursday. It was slightly higher than its $52.78 closing value a day before.

    Elon Musk has until Friday to finalize his $44 billion acquisition of Twitter.

    Image: ABC News

    SHIB Continues To Ride Dogecoin Momentum?

    In the past, it has become evident that Shiba Inu benefited whenever the original dog-themed cryptocurrency Dogecoin is having a good run.

    This was once again proven on October 26 when the crypto market witnessed a relatively strong surge that pushed Bitcoin and Ethereum above crucial price levels.

    DOGE managed to increase by 28.2% over the last week as it is currently trading at $0.075. With this, the digital asset pumped its market capitalization by over $2 billion. SHIB replicated this action as it also pushed its overall valuation to $6.407 billion.

    Among crypto assets belonging to the top 20 list of Coingecko, Dogecoin and Shiba Inu were two altcoins that tallied the highest gains over a seven-day time period.

    Whale Activity Observed Following Musk’s Twitter Move

    Meanwhile, Dogecoin whales became active following the development involving the tech billionaire Musk and Twitter. In fact, there were 85 transactions with value of at least $100,000 that was recorded after the news broke out.

    This might be an indication that investors are hopeful that DOGE will be able to duplicate its impressive run last year.

    On the other hand, SHIB is just trying to capitalize on every positive development that could trigger price rallies, no matter how small they are.

    The meme coin continues to deal with problems like high supply inflation and lack of utility – two factors that negatively impact its price direction.

    Its recent surge might help fend off an impending doom as some analysts believe the crypto might “die” by the end of next year.

    SHIB total market cap at $6 billion on the daily chart | Featured image from EyeEm, Chart: TradingView.com

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  • Shiba Inu (SHIB) Price Jumps 10% While Burn Rate Spikes – What To Expect

    Shiba Inu (SHIB) Price Jumps 10% While Burn Rate Spikes – What To Expect

    Shiba Inu (SHIB) coin price jumped 10% in the previous three days. Additionally, the Shiba Inu burn rate spiked at 14,267% early on Thursday.

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  • Toon Finance Coin Next Dogecoin or Shiba Inu?

    Toon Finance Coin Next Dogecoin or Shiba Inu?

    It is an all-known fact now that meme coins are getting hotter day by day. While people looked at meme coins with a certain skepticism in the past due to them being a highly speculative asset (that mostly reacted to certain news and communities alone), things have now changed. DOGE, for example, is now one of the biggest cryptocurrencies out there. 

    Crypto and market experts are calling Toon Finance the next DOGE or SHIB coin as they blow through presale. You can find TFT coin on major crypto platforms such as  Crypto.com and CoinMarketCap.com  Since DOGE came out almost a decade ago and kind of proved how a meme coin can move past the joke and provide actual utility, there has been a meme coin uprising of sorts. 

    SHIB TFT Bandwagon

    The Shiba Inu coin is also a story to reckon with, especially, since it has been able to achieve so much in such a short span of time. The team behind SHIB also focused on creating a robust ecosystem around the coin which has helped propel it to success. It is also supported by a huge number of supporters that have rallied like crazy behind the coin and boosted its growth.  And, now, Toon Finance Coin is taking the crypto world by storm. It is one of the most recent success stories in the crypto world. Toon Finance Coin, however, is a lot more than just a meme coin. It is building a decentralized exchange, player vs player battles, and, even, introducing its very own collection of NFTs. 

    Toon Finance Coin – the next DOGE or SHIB?

    So, while Toon Finance Coin builds its DEX and trades NFTs, coins, and lots more; the bigger question remains – will it emerge as the next DOGE or SHIB? What kind of value can the Toon Finance Coin unlock in the times to come for investors, traders, and enthusiasts? To understand that we will need to look at the history of meme coins and how Toon Finance Coin is placed, in an advantageous position, to unlock true value sooner than later. And, it may well become the next DOGE or SHIB. Or, even bigger. 

    The DOGE Uprising

    DOGE started as a joke. Inspired by a Doge meme, it is widely credited as the very first meme coin in the crypto world. It was launched in December 2013 with the face of a Shiba Inu dog on the coin. It was simply an attempt to show that crypto could be used to represent virtually anything including a meme featuring a Shiba Inu dog.  When it was launched, you could practically buy thousands for less than a dollar. Naturally, people did not take it seriously. However, with time, things gradually began to change. With supporters such as Elon Musk and Snoop Dogg, DOGE has only climbed higher up the ladder and does not seem to be stopping anytime soon.  And, DOGE has proved that a meme coin can also create wealth for its investors, traders, users, and enthusiasts. A classic case in point is the fact that its price hit its lowest ever of $0.0000869 in May 2015. And, just last year, it hit its all-time high of $0.688. 

    The amount of wealth it has created for investors is unfathomable and it has also created ripples in terms of utility.  From being taken as a joke to now being accepted as a valid mode of payment in several big corporations, DOGE has certainly come a long way. And, what is most exciting about its story is how, unintentionally, it is paving way for other meme coins as well to become more than just a ‘meme.’  Elon Musk, the most vocal supporter (and, admirer) of DOGE, recently announced that Tesla would be accepting the meme coin as a form of payment for its products.  Musk has, time and again, influenced the price of DOGE with just his tweets and has become the single biggest influencer in the crypto world. In fact, he has gone out and confessed that DOGE happens to be his all-time favorite coin.  Snoop Dogg, another big-time crypto influencer, has also been quite vocal about his support for the DOGE coin. By simply tweeting a meme of a Shiba Inu dog, that inspired the DOGE coin, Snoop Dogg made the coin rally a staggering 55% in a single day back in February last year.  Today, DOGE has a market cap of over 8 billion dollars. The success of DOGE opened the floodgates for hundreds of meme coins (or, altcoins, if you will). Floki Inu, Mona, Gaming Doge, Safe Moon, Kishu Inu, and quite a few meme coins gained immense popularity following the success of DOGE.  Then came SHIB or Shiba Inu. 

    The Meme Coin Wave Continued with SHIB TFT 

    SHIB or Shiba Inu is quite a story. Created in 2020, to take on DOGE, SHIB is an Ethereum-based cryptocurrency. It features its namesake – a Shiba Inu dog, the famous Japanese hunting dog, as its mascot. Will Toon Finance surpass the Big Kitten? Popularized as the ‘Dogecoin killer’, SHIB has come a long way indeed from being worth nothing to actually creating enormous wealth for its supporters.  In October 2021, just a year after being introduced, SHIB gained its all-time high market capitalization of over 40 billion dollars.  The price of the meme coin has since then plummeted, as have all the other cryptocurrencies, but it still commands a market cap of around 6 billion dollars and is placed right behind DOGE. 

    It might as well surpass DOGE in the times to come. Even if not, it has proved how a new coin, with a little history, can challenge older, far more established coins as well.  What has worked for SHIB is the massive support it has found online.  The SHIB Army (the group of enthusiasts rallying behind the coin) has left no stone unturned in promoting the coin all over the internet.  Also, the plethora of products, including ShibaSwap, has brought more credibility and utility to the meme coin.  ShibaSwap is a DeFi platform that aims to provide the safest way to trade cryptocurrencies in a decentralized environment.  The SHIBA INU ecosystem also consists of several other components such as alternate coins LEASH and BONE. This overall ecosystem is also to be credited for the success of SHIBA INU.  SHIB took the meme coin race further ahead and now we have Toon Finance Coin which aims to take the meme coin game into a new generation altogether. 

    Toon Finance Coin is Now Taking the Crypto World by Storm 

    Toon Finance Coin, inspired by cute, cuddly toon characters, is the hottest meme coin right now. It is a decentralized exchange application platform designed by a team of market leaders and blockchain developers aiming to fix the externality that surrounds the P2E gaming demand by ensuring a P2E metaverse backed by SHA256 encryption. There are over 1 billion Toon Finance Coins in total, out of which, 50% are being sold in a presale that went live on 10th October 2022, and, is being subscribed like crazy by investors, traders, gamers, and enthusiasts. 

    Toon Finance

    It has slowly, but steadily, gained a lot of interest in the cryptocurrency world. Being mentioned across the media for its rising popularity and demand is not the only marker of success for Toon Finance Coin. It has also found support from people who have been rallying behind the Big Eyes coin and other meme coins in the same space.  Listed on Crypto.com and CoinMarketCap.com, the coin has taken the crypto world by storm. However, what makes the project more interesting than you can imagine is the way in which it is creating an ecosystem by offering a lot more than just the coin. 

    TFT DOGE and SHIB Best Meme coin 2022

    Well, that brings us to the big question.  So, can Toon Finance Coin be the next DOGE or SHIB?  Well, we believe, it is actually going to surpass the two sooner than later because of the innovative way in which it is creating its very own ecosystem. The Toon Finance Platform includes a DEX, Cross Chain Bridge, an NFT trading platform, and a lot more.  Recently, the team behind Toon Finance Coin shared that they have been successfully listed on Crypto.com and CoinMarketCap.com which are some of the biggest, most influential crypto spaces out there. It brings a certain credibility to the project and has also helped bring the coin out to the masses in general.  The Toon Finance Coin is creating a one of its kind robust, decentralized exchange that will seamlessly allow people to buy, sell and trade the coin in a safe, decentralized environment without any hassle. It will prove to be a game changer for the coin just as the ShibaSwap has helped SHIB grow by leaps and bounds.  Similarly, a cross-chain bridge will add a lot of credibility and utility to the TFT coin. A bridge enables communication and interoperability between two separate blockchain networks. In other words, it allows for the exchange of value or data between the two connected blockchains.  The Space Bridge (being created by Toon Finance) will allow its users to connect different apps, protocols, and assets with ease. So, you could actually transact on the app using both BTC and ETH by connecting them through the space bridge.  For gamers, the metaverse being created holds immense value. Toon Finance is also introducing multiple series of NFTs that can be used in this metaverse as well or one can collect them for the purpose of investment.  These NFTs will be functional gameplay items that will be essential for players participating in the Space Grounds game that is being developed by Toon Finance. A coin, especially a meme coin can only become valuable when it offers genuine utility to its users. Otherwise, it is nothing more than a highly speculative asset that simply moves in reaction to the news, tweets, and more.  We see Toon Finance coins taking over the crypto space sooner than later because they are poised to unlock a lot of value as they can be utilized in more ways than one. 

    Toon Finance World – NFTs and More in the Pipeline 

    The Toon Finance presale is already a success. They have sold out close to $3 million in the first week itself and their presale is close to selling out soon. It is also racing up the charts as people from all over the world are rushing to get a cute, mushy little Toon Coin. Media and industry experts are raving about the Toon Finance Coin and how it can be the next big story to come out of the cryptocurrency world in the months to come.  We have also been quite excited about this coin and more so for the various other things that are to come including their NFTs. The cute, little Toonie characters have won us (and thousands across the world) over and we cannot wait to get our hands on one of them.  The team behind Toon Finance Coin has also announced a wide variety of tech and products that are in the pipeline and being developed quite rapidly including the space bridge, metaverse, and more. While in itself, these things will certainly offer some value, they also have the potential to grow multiple times in themselves. They could change the crypto world in the times to come.  So, we are quite bullish on Toon Finance Coin becoming the next big meme coin in the crypto world. In fact, we think it will redefine a meme coin.     Toon Finance / TFT Twitter / Toon Finance Telegram / Toon Finance Presale

    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.


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  • Shiba Inu Top Facts 2022: Here are 10 great bits of dog trivia you might not know about about the loving Shiba Inu 🐶

    Shiba Inu Top Facts 2022: Here are 10 great bits of dog trivia you might not know about about the loving Shiba Inu 🐶

    The last two years have seen many of us welcome a new four-legged friend into our homes, as the Kennel Club saw dog ownership soar over the pandemic.

    But with 221 different breeds of pedigree dog to choose from, there’s plenty of thinking to do before you select your perfect pup.

    Those with active lifestyles might want to consider a larger dog, while somebody with allergies will be looking for a hypoallergenic dog.

    There’s even academic guidance to seek out, with Psychologist Stanley Coren’s book ‘The Intelligence of Dogs’ ranking breeds by instincts, obedience, and the ability to adapt.

    One dog that sometimes appears on people’s canine wishlists is the Shiba Inu – they are one of the more unusual dogs to be seen in the UK’s parks but have a range of positive attributes that make them a great household pet.

    Here are 10 fun and interesting facts about the breed.

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  • Investors Sell Polygon (MATIC) and Shiba Inu (SHIB) For The Hideaways (HDWY) After it Gets 9,000% Growth Projection

    Investors Sell Polygon (MATIC) and Shiba Inu (SHIB) For The Hideaways (HDWY) After it Gets 9,000% Growth Projection

    What’s happening in crypto? Yesterday saw the Polygon and Shiba Inu price spike along with the wider crypto market. Polygon (MATIC) and Shiba Inu (SHIB) have not had a great 2021 despite this but the Polygon and Shiba Inu price gave investors good gains yesterday.

    Both projects lose out to The Hideaways (HDWY). It is the first cryptocurrency project to introduce decentralization to the property market through NFTs.. HDWY is projected to hit a 9,000% hike in 2023 after listing in major decentralized exchanges.

    Polygon (MATIC)’s NFTs Sales Stalls to its Lowest in More than a Year

    Investors are practicing due caution against underperforming cryptocurrencies – among them is Polygon (MATIC).

    Polygon (MATIC)’s NFT sales stall at a time when Cardano (ADA)’s digital collectibles are hitting a record high. Moreover, the new NFT project The Hideaways (HDWY) sold over 60% of its presale tokens over the same period, hinting there is growing market interest in non-fungible tokens.

    However, Polygon (MATIC) seems to be having it tougher than the rest. One of its most popular collections, Aavegotchi, lost 46% of its market value. Moreover, sales for the collection declined 32% over the same period.

    The monthly active traders for Polygon (MATIC) NFTs on OpenSea bottomed to below 1,000 – its lowest level since July 2021.

    Shiba Inu (SHIB)’s Unstable Burn Rate Poses Risk to Price

    The Shiba Inu (SHIB) community monitors two important on-chain activities: whale movements and burn rate.

    In the last week of September, Shiba Inu (SHIB)’s burn rate declined to its lowest level in 30 days. Meanwhile, it managed to stage a sharp comeback – surging 1,500% in the 24-hour charts where 45 million SHIB tokens had been dumped to dead wallets.

    Analysts noted that this inconsistent burn rate poses risk to the price moving forward. This comes as investors would likely dismiss linking their buying and selling signals with how many tokens are eliminated over a period as it changes very fast.

    Due to the volatility in Shiba Inu (SHIB)’s burning activities, investors are taking refuge in more stable projects like The Hideaways (HDWY) which possess a more stable growth pathway for clever investors.

    The Hideaways (HDWY) Gets a 9,000% Price Projection from Wall Street Analyst

    The Hideaways (HDWY) is getting attention lately due to its ability to connect crypto investors to luxury property investment. For the first time, a cryptocurrency project will revolutionize the way regular investors acquire properties through a decentralized platform.

    The Hideaways (HDWY) will use a global team of property experts to hand pick properties for their ability to produce yield above 20%. These properties will be linked to an NFT and each NFT will be offered for sale to HDWY investors.

    The HDWY project is the first of its kind in the crypto industry and has the first mover advantage – similar to Tesla and electric cars! We think this project will explode in 2023 and it’s incredible that investors are able to take part in the presale at just $0.06.

    Due to its novel offering, The Hideaways (HDWY) can hit a 9,000% gain in 2023. You’re up for exponential gains if you invest while The Hideaways (HDWY) sells at $0.06. The price will rise soon, so invest now!

    Website: https://www.thehideaways.io
    Pre-Sale: https://ticket.thehideaways.io/register
    Telegram: https://t.me/thehideawayscrypto
    Twitter: https://twitter.com/hdwycrypto

    Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.



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  • Big Eyes to be Next Ethereum-based favorite against Shiba Inu & Compound

    Big Eyes to be Next Ethereum-based favorite against Shiba Inu & Compound

    As its presale advances, Big Eyes (BIG) looks to set the stage as a new favorite token among users on the cryptocurrency market. It will take out Ethereum-based counterparts Shiba Inu (SHIB) and Compound (COMP) in its climb to the top, as its popularity keeps increasing daily. Here’s a short review of how the tokens stand at the moment.

    Shiba Inu (SHIB)

    Shiba Inu (SHIB) was developed in 2020 by an anonymous developer. It was touted as the biggest memecoin in the cryptocurrency market and a major counterpart for the reigning Dogecoin. However, its progress has not been as consistent, and analysts note that it might be due to a lack of proper governance within the platform.

    Shiba Inu (SHIB) exists on the Ethereum blockchain and also operates using smart contracts. The platform supports a decentralized exchange, Shibaswap, which helps users trade crypto pairs for a transaction fee. There is also an NFT incubator where users can tokenize their digital content. After converting to a DAO, the platform plans to launch a proper NFT platform in the future, which will improve the decisions made concerning the project’s future.

    Shiba Inu (SHIB) is abundant, numbering about a quadrillion tokens at launch, with about half of that in circulation. The developers will probably burn the rest of the tokens to improve the token’s cryptocurrency price.

    Shiba Inu (SHIB) currently sells for $0.00001 on CoinGecko.

    Compound (COMP)

    The Compound (COMP) platform launched in 2017 as a platform for users, featuring several token markets where they can borrow and lend tokens at different interest rates. The platform permits borrowing by any user without the need for collaterals and interest rate negotiations.

    Like decentralized platforms, Compound (COMP) calculates interest rates using algorithms that read the market trends and determine the rates at which users can borrow. Lenders send their tokens to secure Ethereum smart contracts monitored by Compound, from where the borrowers receive their loans.

    The platform uses two tokens: cToken, which is the currency for the platform, and COMP, which is the governing token used on the network. Borrowers receive cTokens, and lenders contribute cTokens to the platform from their respective wallets. COMP is used for voting on protocol-related decisions. Individual users could adjust their voting rights, and a reduction in COMP balances restores each user’s voting rights to default.

    COMP is available on various DEXs for $. The developers release new tokens every day for use by borrowing users.

    Big Eyes (BIG)

    Big Eyes (BIG) is a new memecoin looking to offer more than laughs in the cryptocurrency market. The presale started in September and has been proof of its increasing popularity. The developers are not stopping there too. They hope to keep the project relevant, and a look at the existing and expected features will convince you. 

    So far, it has been mostly publicity and marketing for Big Eyes (BIG). The platform has pooled users from crypto projects across the crypto space to establish a community-oriented project. Right from its presale, Big Eyes (BIG) has convinced its members they will be paramount in its interests, as the developers made over 70% of the initial 200 billion tokens available for the event.

    Also, in appreciation for the fantastic support the members gave during the presale, Big Eyes (BIG) will host a giveaway contest with 250,000 tokens for grabs by ten members. The winners will be selected from a draw held later in the year and will be announced by December. Eligible members must have some BIG tokens by the draw date before being selected.

    The developers have created and audited Big Eyes’ (BIG) smart contracts using Solidity. They have also gotten the coin to list on exchange platforms like CoinDex and Coincheckup, and they are working on a launch with UNISWAP to achieve greater reach within the cryptocurrency market. 

    The presale is still on, so there is still some chance to get in the project ‘early.’ Click this link to buy your BIG tokens and stay updated with news from the development team:

    Presale: https://buy.bigeyes.space/ 

    Website: https://bigeyes.space/ 

    Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.

    The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

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