For those who are new to the Crypto investing platform, Shibnobi, commonly known as SHINJA is a community-driven token/platform that envisions developing one of the best investment Ecosystems for the next generation. It plans on making crypto extremely easy and safe for all the people who are interested in investing in cryptocurrencies. Its mission statement is to make the crypto space safe, fair, and more informative for the average investors and vetted projects.
Shibnobi (SHINJA) is a revolutionary deflationary token that introduces a multi-chain swap (DojoSwap) between Ethereum (ETH), Binance (BNB), and Polygon (POLY) (MATIC).
Shibnobi, led by developer Cliff Fettner, aims to provide a user-friendly multi-chain switch in the DeFi ecosystem, with incentives for early adopters. Shibnobi’s mission is to become the dominant DeFi protocol, a one-stop-shop for all EVM-compatible network traders, ushering in a new age of user-friendly and intuitive cryptocurrency trading for DeFi novices and professionals alike.
Shibnobi was released at 7 p.m. UTC on November 15th, 2021. It provides an easy-to-use multi-chain token swap, allowing any crypto enthusiast to join in. Staking is included in the project, which also includes charity fundraising and a video game.
Bitcoinlfg CEO PREDICTS BabyDoge can hit $3 billion dollar marketcap in 2022
remember this is not a financial advice do your own research before investing into crypto
bitcoinlfg ceo suhailmattu explains why he is bullish on Babydogecoin
growth in holders will HELP in Reputation of the meme coin at Global stage
UTILITY , WHALES AND TEAM which tokens lack nowadays u can have a great utility but not whales u can have whales but not a great team but Babydogecoin have all in the long run i am expecting Babydogecoin to Hit $3 BILLION market cap with big sponsorships they have currently will build token reputation and can outplay market sentiments in nearby future
According to on-chain data provided by WhaleStats, the number of BabyDoge holders has reached the local high of 1.6 million+ holders and more
Currently, whales are holding more than 45-60 trillion BabyDoge, which is a relatively low number compared to holdings in smaller wallets. Compared to Shiba Inu, BabyDoge does indeed follow its predecessor’s steps, when smaller wallets fueled the rally while whales came to the party later
What is BabyDoge?
Baby Doge Coin (BABYDOGE) is a hyper-deflationary token that claims to be an “improved’ form of the more famous Dogecoin, as it will become more scarce over time, with the goal of increasing transaction speeds.
Saitama has more then 350000+ holders has a All time high of diluted marketcap reaching 2 billion plus dollars
bitcoinlfg ceo suhailmattu explains why he is bullish on saitama
UTILITY , WHALES AND TEAM which tokens lack nowadays u can have a great utility but not whales u can have whales but not a great team but saitama have all in the long run i am expecting Saitama to Hit $10 BILLION market cap with big sponsorships they have currently will build token reputation and can outplay market sentiments in nearby future
According to data of Bitcoinlfg , the number of BabyDoge holders has reached the local high of 1.6 million+ holders and more
Currently, whales are holding more than 45-60 trillion BabyDoge, which is a relatively low number compared to holdings in smaller wallets. Compared to Shiba Inu, BabyDoge does indeed follow its predecessor’s steps, when smaller wallets fueled the rally while whales came to the party later
What is BabyDoge?
Baby Doge Coin (BABYDOGE) is a hyper-deflationary token that claims to be an “improved’ form of the more famous Dogecoin, as it will become more scarce over time, with the goal of increasing transaction speeds.
Will baby Doge get listed?
Baby Dogecoin is not currently listed on Binance, nor is it on other leading cryptocurrency exchanges such as Coinbase. However, it is now listed on Okex where users are free to trade Baby Doge securely.
is listing scams by taking money through their insiders real
and how trusted investors are getting scammed by coinmarketcap.com the reason?
by being the most trusted coin tracker coin market cap has a responsibility to provide security to their investors but how listing is being sold by the coinmarketcap for thousands of dollars
but taking money is not the issue they can charge whatever they want the issue is not kyced developers and audited contracts without the data they list coins by their insiders who had taken money from tokens to list them in a short period of time investors invest token pumps developers take profit and leaves or abandons the coin . many investors has faced the same
but who is responsible who has insiders who gets paid and who gets scammed will they take responsibility ?
the clear answer is no . because the independent coin tracker is now owned by binance and binance is clearly allowing that the projects can scam without even caring about their investors . yes any project can get listed can get to trending section can scam and can be on top . and no one gonna question because do your own research with no responsibility of the source .
there are 100″s of people who can get u listed but who suffers the normal investor but who should take note binance and coin market cap
the thing is that why OTHER exchanges should fear is <binance making its world wide dominance > through Politics , money and sponsorships and influence over people mind
BINANCE SMART CHAIN : Binance let people create new tokens and exchange with their own pancake swap and selling people new crypto made of their eco system example your money became a token your token was traded your token made a million dollar market cap got listed on binance coin market cap / your token listed on binance / from start to end the whole profit maker was binance and you even know that.
After satoshi Binance has most power in crypto world . but how a exchange founded less then a decade ago make this kind of progress the reason is influence over people mind telling them how big binance is and buying companies like trust wallet or coin market cap and many other things
that is WHY SHOULD OTHER EXCHANGES FEAR BINANCE
we make news less words so u not get bored while reading
Tired of Botted Influencers Need a pump With 78k+ App downloads and 3.5 Million + monthly web users BitcoinlfG : Pro Coin Tracker is among Top 5 Coin trackers globaly
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Robinhood CEO Vlad Tenev detailed the hypothetical in a lengthy Twitter thread after his retail investing platform added a feature allowing users to buy and sell dogecoin.
Tenev noted dogecoin already has “vanishingly small” transaction fees when compared to traditional credit card network charges – an advantage “compared to the 1-3% network fees that major card networks charge.”
The top boss at Robinhood is bullish about dogecoin’s outlook — proposing the meme token has the potential to become the “future currency of the internet” if the developers take a key step to improve its functionality.
But in order to compete with the likes of Visa and other mainstream payment processors, Tenev said dogecoin developers would need to boost the crypto token’s “block time,” or the process by which it verifies transactions.
Tenev said dogecoin’s current block time is “a bit on the long side for payments,” with a platform capable of performing roughly 40 transactions per second (tps).
“As a comparison, Visa’s network can theoretically handle 65,000 tps,” Tenev said. “Doge would need to be able to significantly outperform Visa, which entails increasing throughput by at least 10000x. Fortunately, this is easy to solve simply by increasing the block size limit.”
How Bitcoin Adoption in Russia Can Favour Trust wallet etc
users of trust wallet are on rise recent survey shows that binance trust wallet is gaining momentum in russia due to fall on rubel russian currency people are using us dollar to rate their products using private wallets on crypto currencies
Per a report from local news outlet Kommersant, the Russian Ministry of Finance has completed a bill addressing crypto payments in the country. The document was obtained by the local news website and confirmed by two different sources.
The bill could finally provide citizens and Russian crypto investors with clarity around digital assets and digital mining. Called “On Digital Current”, the document addresses previously unexplored aspects of Russian regulation for this nascent asset class.
Among these aspects is the classification of digital currency, the legal framework for its issuance and legal circulation in Russia, certifications, trading, and more. As Kommersant noted, Russian entities will need to be granted permission to trade cryptocurrencies and will need to comply with a rigorous identification process. The local media noted:
According to the draft law, digital currency can be accepted as a means of payment that is not the monetary unit of the Russian Federation, as well as an investment, while there must be no obligated person in relation to it.
United States-based cryptocurrency exchange Coinbase sent waves across the cryptocurrency ecosystem on Apr. 11 when it released a list of 50 crypto assets that were under consideration for listing in the second quarter of 2022 in a bid to increase the transparency of its listing process.
Responses to the release were mixed and led to some allegations of insider trading by crypto sleuths, while a majority of crypto traders took a deeper dive into the list in an attempt to discover diamonds in the rough.
Following a week’s worth of trading that saw many of the tokens on the list experience pump-and-dumps, the dust is beginning to settle revealing Morpheus Labs (MITX), Kromatika (KROM) and Big Data Protocol (BDP) as the top three gainers from the Coinbase announcement.
Morpheus Labs
Morpheus Labs (MITX) is a project that offers an extensive blockchain development toolbox designed to simplify the process of decentralized application development across a variety of networks and programming languages.
Data from Cointelegraph Markets Pro and TradingView shows that, following the Coinbase announcement, the price of MITX skyrocketed 185% from a low of $0.014 to a daily high of $0.04 on Apr. 15.
MITX/USDT 4-hour chart. Source: TradingView
In addition to the Coinbase announcement, the protocol has seen positive news flow tied to its so-called NFT Launcher, as well as the launches of the Morpheus Labs Launchpad and SEED developer portal.
Kromatika
Kromatika Finance is a decentralized crypto trading protocol that offers users a zero swap fee trading environment that eliminates front-running bots and prevents price slippage.
Data from CoinGecko shows that on Apr. 9, KROM was trading at a price of $0.0525 before rallying 145% to a high of $0.13 on Apr. 12. The token is currently trading at $0.11.
KROM/USD 2-hour chart. Source: CoinGecko
Developments that are helping to boost the outlook for KROM include the launch of Kromatika v2, which is scheduled for Apr. 20, and the possibility of being added to the Arbitrum Odyssey project.
Big Data Protocol is a decentralized finance project focused on the creation of a liquid marketplace for commercially valuable data that is sourced from professional data providers.
Data from TradingView shows that the price of BDP catapulted 204% from a low of $0.058 on Apr. 11 to a high of $0.177 immediately following the Coinbase announcement. It has since retraced to $0.128, resulting in a net gain of 121%.
BDP/USDT 4-hour chart. Source: TradingView
The bullish move higher for BDP has been sustained due to several notable developments for the protocol, including integration with Fortune 500 company Intercontinental Exchange and partnerships with MetaGameHub DAO and Securities Quote Xchange.
The overall cryptocurrency market cap now stands at $1.875 trillion and Bitcoin’s dominance rate is 40.9%.
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.
The rollout of Ethereum 2.0, or Eth2, includes a transition from proof-of-work to proof-of-stake that will supposedly transform Ether (ETH) into a deflationary asset and revolutionize the entire network. The event has been a trending topic for years and while anticipation for “The Merge” has been building over the past couple of months, this week Ethereum core developer Tim Beiko informed the world that “It won’t be June, but likely in the few months after. No firm date yet.”
Delays in Ethereum network upgrades are nothing new and so far, the immediate effect on Ether’s price following the revelation has been minimal.
Here’s what several analysts have said about what the merger means for Ethereum and how this most recent delay could affect ETH price moving forward.
Staking Rewards expects the Merge to be a short-term boon
Based on data from Beaconscan, there is currently more than 10.9 million ETH staked on the Beacon Chain, offering a gross staking reward of 4.8%. According to a recent report from the cryptocurrency data provider Staking Rewards, this level of staking offers validators the opportunity for a net staking yield of 10.8%.
The current amount staked is equivalent to 9% of the circulating supply of Ether but several barriers including the inability to withdraw staked Ether or any rewards from the Beacon Chain have limited more widespread involvement.
In the post-Merge world, Staking Rewards expects the number of ETH staked to increase to between 20 to 30 million ETH, which would “yield a net validator return (staking return) of 4.2% to 6%.”
While the Merge has several benefits for the Ethereum network, including a reduction in the circulating supply of ETH through burning and staking, some of the main concerns facing the network remain an issue.
Chief among these are high transaction costs, difficulty of use and network congestion, leaving the door open for competing networks that offer comparable staking rewards and cheaper transactions to increase their market share.
Hayes makes the case for Ethereum Bonds
Big events like the Merge, oftentimes, turn into a “buy the rumor, sell the news” type of event in the cryptocurrency sector, but several analysts are saying that it would be a mistake to assume that with Ethereum.
According to decentralized finance (DeFi) educator and pseudonymous Twitter user “Korpi,” there are multiple factors that will change the supply and demand dynamics for Ether following the Merge.
The Triple Halvening refers to ETH issuance being reduced by 90% following the Merge, a feat that would “take three Bitcoin halvings to produce an equivalent supply reduction.”
Other bullish factors include a potential increase in the staking reward as stakers will also receive the unburnt fee revenue that currently goes to miners and an increase in institutional demand due to the ability to apply the discounted cash flow model to Ethereum which “is what institutional investors need to approve multi-million dollar investments.”
In essence, following the transition to proof-of-stake, institutional investors could start to view Ethereum as a sort of internet bond, presenting a viable alternative to the United States Treasury bonds.
This concept was explained in detail in a recent post titled “Five Ducking Digits” by former BitMEX CEO Arthur Hayes, who stated, “The native rewards issued to validators in the form of ETH-based issuance and network fees for staking Ether in validator nodes renders Ether a bond.”
Hayes provided the following chart, which illustrates how much value Ether could lose while investors still break even versus the United States bond market.
ETH/USD breakeven price expressed as a percentage change from a spot price of $3,320. Source: Medium
Based on this chart, if the staking rate is 8% Ether price could fall 32.6% in value and still be equal to a 10-year 2.5% interest bond.
With many analysts making long-term Ether price projections of $10,000 and higher, there is potential for many U.S. bond investors to start seeking yields from Ether staking rather than the U.S. bond market, assuming the institutional infrastructure needed to support these types of investments is present and approved.
On the trading front, several ways to trade the Merge were discussed by pseudonymous Twitter user “ABTestingAlpha,” who noted that there will be less selling pressure following the Merge because the regular sales by proof-of-work miners will stop.
According to ABTestingAlpha, this is likely to be a crowded trade on the long side which means there will be “a good chunk of momentum traders getting long Ether into the Merge.”
This will help with incremental price gains, but it’s important to remember that these traders aren’t likely to hold Ether long term, so it’s important to try and determine when they will sell.
Based on the news of the recent delay, the launch of the Merge would be considered late by ABTestingAlpha, which leaves several possible scenarios. With the current delay pushing the launch into the second half of 2022, there is a chance that momentum traders sell their tokens which could result in a loss of the 75% to 80% gains made by Ether since mid-March.
If the delay is extended into 2023, sentiment is likely to be crushed, resulting in momentum traders selling with some opening short positions. This is the worst-case scenario and could lead to Ether liquidity flowing into cash and other layer-one and layer-2 protocols.
ABTestingAlpha said:
“Outcome: Ether sells off, giving back all its gains into the Merge plus an additional 30-50%.”
At this point, the situation has turned into a waiting game and a test of patience because the official launch of the Merge is unknown and the crypto market is notorious for having a short attention span.
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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.
