Tag: Altcoin

Please be aware that some of the links on this site will direct you to the websites of third parties, some of whom are marketing affiliates and/or business partners of this site and/or its owners, operators and affiliates. We may receive financial compensation from these third parties. Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications. A hyperlink to or positive reference to or review of a broker or exchange should not be understood to be an endorsement of that broker or exchange’s products or services.

Risk Warning: Investing in digital currencies, stocks, shares and other securities, commodities, currencies and other derivative investment products (e.g. contracts for difference (“CFDs”) is speculative and carries a high level of risk. Each investment is unique and involves unique risks.

CFDs and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money.

Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Past performance does not guarantee future results. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Your capital is at risk.

When trading in stocks your capital is at risk.

Past performance is not an indication of future results. Trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Prices may go down as well as up, prices can fluctuate widely, you may be exposed to currency exchange rate fluctuations and you may lose all of or more than the amount you invest. Investing is not suitable for everyone; ensure that you have fully understood the risks and legalities involved. If you are unsure, seek independent financial, legal, tax and/or accounting advice. This website does not provide investment, financial, legal, tax or accounting advice. Some links are affiliate links. For more information please read our full risk warning and disclaimer.

• Oasis Network has an ongoing Hackathon that has drawn a lot of investor and developer interest into the project. 

• Oasis aims to become a leader in the private smart contracts space, the next growth phase in DeFi. 

• Oasis is making higher lows, indicating that bulls are firmly in control. 

Oasis Network ROSE/USD is currently one of the top-performing cryptocurrencies in the past week. While it has eased up today due to a correction in the broader market, it is still one of those cryptos whose chart points to a potential continuation of the bull trend that had started earlier in the week.

Oasis Network’s current price action has a lot to do with the Oasis Bloom Hackathon that kicked off on March 10th. The Hackathon will run until May 2nd and comes with a reward of $200k. This has drawn a lot of interest in Oasis and is likely to keep driving interest in this project over the next couple of weeks.

Besides this short-term price action, Oasis has the fundamentals that could see it rally once the markets turn bullish again. That’s because it is operating in an aspect of the crypto market that has all the hallmarks of potential growth going into the future.

Oasis is looking to become a market leader in the private smart contracts markets. With DeFi disrupting traditional finance, it is only logical that privacy will be essential in the next wave of growth. It will give industry players the confidence to move even higher amounts of money, especially when it comes to lending and the issuance of under-collateralized loans.

Oasis making higher lows

Source: TradingView

Oasis has been on an uptrend since March 21st. It is currently making higher lows, indicating that bulls are firmly in control. With buying volumes on the rise in the broader market, Oasis could easily test $0.50 

Summary 

Oasis Network is on an uptrend and is currently making higher lows. Oasis has been outperforming the market driven by the ongoing Hackathon with a $200k reward.

The Binance Smart Chain is one of the biggest blockchain ecosystems in the world. It has provided a much-needed infrastructure that has led to the launch of several BEP 20 standard tokens. But why is the BSC becoming such a favorite for developers? Here are some reasons:

• The Binance smart chain offers lower gas fees.

• Projects can launch fast through the Binance Launchpad

• There are several financial and non-financial incentives to launch on BSC.

So, in case you want to buy promising BEP 20 coins, there is a list below that will give you some incredible ideas:

PancakeSwap (CAKE)

PancakeSwap (CAKE) is one of the most popular automated market maker protocols that offers an array of DeFi products. The project is looking to address some of the key challenges associated with peer-to-peer decentralised exchange.

Data Source: Tradingview 

Its token is based on the BEP 20 standard and continues to attract a lot of investment as well. PancakeSwap has the potential of becoming the biggest DEXs in the world that uses the AMM protocol to enhance liquidity. It is an asset worth having for any crypto investor.

Alpha Finance Lab (ALPHA)

Alpha Finance Lab (ALPHA) is a cross-chain project in DeFi. It offers cross-chain interoperability between BSC and Ethereum. This means that users can trade between all ERC 20 and BE20 tokens using the platform. ALPHA is looking to make it easier for cross-chain asset transfers and is currently seen as a very promising DeFi project.

Bux Token (BUX)

BUX is the natïve and governance token for the BUX exchange. Based in the Netherlands, BUX is planning to become one of the main exchanges in Europe. So far, the coin has a market cap of around $22 million. If everything works out, it has the potential of growing 10x or even 20x in no time. BUX is built on the BSC platform as well.

Traditionally, most people looking at the merits of a given crypto coin will focus a lot on the market cap. After all, low cap coins tend to have a lot of potentials. But there is also nothing wrong with going for coins that have market caps of $1 billion and above. Here is why:

• Coins with $1biollion in market cap are proven and tested in the market.

• You are likely to experience low volatility with large-cap coins.

• Trade volume with large-cap coins is higher, so it’s easy to trade.

Well, if you have been wondering which coins are perfect above the $1 billion valuations, we have created a nice list that you can follow:

Flow (FLOW)

Flow (FLOW) is the native token for the Flow Network. The network hopes to use the power of decentralized technology to create a borderless digital infrastructure that will support the growth of innovative apps. 

Data Source: Tradingview 

The market cap for the FLOW token is just above $2 billion. The coin has also been trading for some time now, so there is enough investor activity to enhance its legitimacy. If you are looking for a long-term bet to put your money into, FLOW should be ideal.

Dash (DASH)

Dash (DASH) is an open-source, decentralized network that is looking to create fast and reliable digital payment systems. The goal for Dash is to provide the technology needed to integrate crypto into global payment systems. Its native token DASH has a market cap of slightly above $1,1 billion, and it could get bigger in the future.

Arweave (AR)

Arweave (AR) is designed to bring secure and decentralized storage support to the world. The project is seen as a very crucial part of the upcoming Web 3.0 revolution and so far, its $1 billion market cap makes it a stable and tested coin for any investor.

Blockchain technology has vast applications. Whether it’s ushering in an age of decentralized finance or providing an easy way for people to stream music, there are so many projects these days that try to leverage the power of decentralized systems. Music and entertainment, in particular, have become popular in blockchain, and here is why:

• Decentralized systems cut off intermediaries in music distribution.

• These systems also allow content creators to reach audiences directly.

• The blockchain also offers several verticals for earning money from content.

For investors who want to add some music and entertainment related coins into their portfolio, here are 3 options to consider:

Audius (AUDIO)

Audius (AUDIO) is a music streaming decentralized platform designed to give creators full access to the market without going through intermediaries. Think of it as Spotify on the blockchain. 

Data Source: Tradingview 

The last few months have been quite eventful for Audius. It has seen increased growth and investment from several big-name players in the industry. The future of streaming on the blockchain is also bright, and Audius is hoping to play a key part in shaping up that future.

Ultra (UOS)

Ultra (UOS) is a blockchain-based gaming and music streaming platform as well. It is created to help creators share their games, music, and other forms of entertainment directly to customers without going through any third parties. Ultra is a fairly new project, and as such, it offers the very real potential of serious growth in the future.

Tune.FM (JAM)

Tune.FM (JAM) is a tokenized marketplace that allows musicians to stream their work and earn instant revenues. It also offers a series of tools that will make it easier for content owners to track copyrights and associated royalties within the blockchain ecosystem. Tune.FM is hoping to become the go-to platform for decentralized music sales and so far, it is slowly and surely getting there.

For many beginners who are jumping into crypto for the first time, they will be a lot of coins in mind. But in most cases, the focus will be on the bigger established cryptocurrencies like Bitcoin or Ethereum. There is nothing wrong with buying these mega-caps, but it’s also very easy to avoid other important coins. Here is why:

• Most beginner crypto investors don’t typically have enough knowledge of crypto.

• Finding hidden gems in the crypto market is never easy.

• Beginners are typically very risk-averse in nature.

Despite this, it is important to know some of the coins surprisingly avoided by beginner investors. Here is the list.

Monero (XMR)

Monero (XMR) is actually one coin that has been trading in the crypto market for years. In fact, it would be strange to consider Bitcoin and not consider Monero in there too. Also, the coin has received a lot of media coverage over the years, and chances are you may have come across it. 

Data Source: Tradingview 

But beginners will not take the chance on Monero simply because they don’t understand how this privacy token works. But this is a mistake since XMR still has so much potential under its belt.

USD Coin (USDC)

Not every person buying crypto wants to 10x their money. There are also a lot of folks who want to buy crypto as a store of wealth. There are of course many coins that offer that in fact, many beginners would go for the heavy hitters like BTC. But if you don’t want any risk, USD Coin (USDC) would be the ideal option.

Yearn Finance (YFI)

Outside Bitcoin, Yearn Finance (YFI) is one of the most expensive tokens in terms of price per coin. It may therefore seem like it is priced out. But when you look at the market cap, it’s actually very low. It’s therefore easy to ignore the coin, thinking it’s overpriced while it’s actually not.

The metaverse is expected to become the next frontier of growth in the crypto universe. But before the metaverse, there was virtual reality. As VR becomes more advanced, it is now getting fully integrated into the blockchain ecosystem. Here is why:

• Virtual reality has vast applications in business and leisure.

• VR is also seen as the future of human interaction.

• Blockchain technology can help make VR more decentralized and private.

If you are thinking of taking advantage of the VR boom, the following are three top coins that you can buy.

CEEK VR (CEEK)

CEEK VR (CEEK) is an interesting VR project that is hoping to bring the metaverse into music and entertainment. Just think about it. Imagine being able to attend a live concert for your favorite singers? Or being able to watch your favorite athletes do what they do? 

Data Source: Tradingview 

Well, CEEK is built to make that happen and comes with full NFT integration as well. The project is designed to make it easier for content creators to monetize their work and find new avenues to make money. CEEK is the future of music streaming and as such, it should be on your radar.

High Street (HIGH)

High Street (HIGH) is a metaverse token that combines both virtual reality and play to earn gaming. The project hopes to develop a unique network of digital communities that can engage in exciting activities inside a virtual world. For example, if you ever wanted to race a car, you can do it inside this digital universe.

ApeCoin (APE)

ApeCoin (APE) is an NFT inspired coin that is also hoping to create a virtual reality. The coin launched just a few days back and has been gaining a lot. It is linked to the Bored Ape Yacht Club (BAYC). There is a lot more to come from this coin, and virtual reality will be at the center of everything.

The volatility of the crypto market can be very dangerous for short-term trades. However, it is possible to get very decent returns on capital if you decide to focus solely on long-term plays. In fact, most coins in the market will always deliver value over time. Here is what to look for in long term coins:

• Check the underlying business structure and product.

• The project needs to have deep-pocketed and serious investors or backers

• Ensure the coin also has some trade volume as well.

With that said, we thought it would be nice to pick out at least 3 coins that could help you unlock long-term value in crypto. Here they are:

Elrond (EGLD)

Elrond (EGLD) is a promising blockchain designed to address the key challenges associated with older chains like Ethereum and Bitcoin. The platform offers fast, low-cost, and highly efficient transactions. 

Data Source: Tradingview 

It is seen as one of the main challengers to Ethereum’s dominance. Over the last few months, Elrond has been getting a lot of investment and ecosystem funds to help expand its reach. It is an asset that has the capacity to offer incredible long-term value.

Harmony (ONE)

Harmony (ONE) is also another blockchain project that was built to help facilitate the creation of innovative DAPPs. It is designed to promote low gas fees, faster speeds, and ease of use among the community. The Harmony project has been around for several years and still remains a high potential coin for the long term.

Compound Finance (COMP)

DeFi is expected to become a very central part of the blockchain industry. Compound Finance (COMP) is one of the newer, more promising projects in DeFi that has the potential of going even further. It’s one of those coins that you buy and hold for a few years. The value unlocked here will be quite impressive.

Please be aware that some of the links on this site will direct you to the websites of third parties, some of whom are marketing affiliates and/or business partners of this site and/or its owners, operators and affiliates. We may receive financial compensation from these third parties. Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications. A hyperlink to or positive reference to or review of a broker or exchange should not be understood to be an endorsement of that broker or exchange’s products or services.

Risk Warning: Investing in digital currencies, stocks, shares and other securities, commodities, currencies and other derivative investment products (e.g. contracts for difference (“CFDs”) is speculative and carries a high level of risk. Each investment is unique and involves unique risks.

CFDs and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money.

Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Past performance does not guarantee future results. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Your capital is at risk.

When trading in stocks your capital is at risk.

Past performance is not an indication of future results. Trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Prices may go down as well as up, prices can fluctuate widely, you may be exposed to currency exchange rate fluctuations and you may lose all of or more than the amount you invest. Investing is not suitable for everyone; ensure that you have fully understood the risks and legalities involved. If you are unsure, seek independent financial, legal, tax and/or accounting advice. This website does not provide investment, financial, legal, tax or accounting advice. Some links are affiliate links. For more information please read our full risk warning and disclaimer.

Please be aware that some of the links on this site will direct you to the websites of third parties, some of whom are marketing affiliates and/or business partners of this site and/or its owners, operators and affiliates. We may receive financial compensation from these third parties. Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications. A hyperlink to or positive reference to or review of a broker or exchange should not be understood to be an endorsement of that broker or exchange’s products or services.

Risk Warning: Investing in digital currencies, stocks, shares and other securities, commodities, currencies and other derivative investment products (e.g. contracts for difference (“CFDs”) is speculative and carries a high level of risk. Each investment is unique and involves unique risks.

CFDs and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money.

Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Past performance does not guarantee future results. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Your capital is at risk.

When trading in stocks your capital is at risk.

Past performance is not an indication of future results. Trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Prices may go down as well as up, prices can fluctuate widely, you may be exposed to currency exchange rate fluctuations and you may lose all of or more than the amount you invest. Investing is not suitable for everyone; ensure that you have fully understood the risks and legalities involved. If you are unsure, seek independent financial, legal, tax and/or accounting advice. This website does not provide investment, financial, legal, tax or accounting advice. Some links are affiliate links. For more information please read our full risk warning and disclaimer.