Tag: Cryptocurrency

  • Shiba Inu Coin losing Traction to Toon Finance Protocol

    Shiba Inu Coin losing Traction to Toon Finance Protocol

    Toon Finance is the new crypto coin that is more of a meme utility coin compared to some of these pointless meme projects we have seen take off. Toon Finance has a purpose and the team of blockchain professionals have been working hard for months to release this ICO drop. 

    The team and their community have been ecstatic according to their social media profiles. The coin is everywhere you turn on Crypto.com Coinsniper and CoinMarketCap. The coin is listed in the ICO presale section of Crypto.com

    Toon Finance is certainly a great option for those who are looking for an early investment opportunity with the coin still being in the presale phase. TFT is also doing an airdrop giveaway for their community which will include 10,000 cute cuddly NFTs. 

    These will be directly airdropped to the Toon Finance community members who sign up for the Airdrop. They do not ask for any personal information, only your wallet address so that the team can airdrop the NFT. 

    The Benefits of Investing in an ICO Presale like Toon Finance 

    You may have heard of ICOs, or initial coin offerings, but you may not be familiar with investing in an ICO presale. An ICO presale is when a company offers investors the opportunity to buy tokens before the actual ICO. Toon Finance Protocol 

     Presales usually happen before the public crowdsale and have different conditions attached to them. For example, a presale might have a higher bonus percentage for early investors or a minimum investment amount. In this blog post, we’ll explore the benefits of investing in an ICO presale so that you can make an informed decision about whether it’s right for you. 

    One of the benefits of investing in an ICO presale is that you can get in on the ground floor of a promising project. 

    By being an early investor, you can help shape the direction of the project and potentially reap greater rewards down the road. Another benefit is that you can take advantage of bonuses and discounts that are often offered to presale investors. These bonuses and discounts can give you a leg up on other investors who are participating in the actual ICO. 

    Finally, investing in an ICO presale gives you the chance to do due diligence on a project before committing larger sums of money. 

    By investing early, you can get a better sense of the team’s vision and whether or not they are capable of executing it. If you’re satisfied with what you see, then you can invest more heavily in the actual ICO. However, if you’re not convinced, then you can simply walk away without losing much money. 

    Investing in an ICO presale offers many benefits, including getting in on the ground floor of a promising project, taking advantage of bonuses and discounts, and being able to do due diligence on the team before committing larger sums of money. 

    If you’re thinking about investing in an ICO presale, weigh these benefits against any risks so that you can make an informed decision. Always make sure to do your research thoroughly. 

    Crypto experts have been calling Toon Finance the most popular and successful ICO to date with the project finally dropping their presale after a few months of prep work to make sure the project and beta testing came out perfectly. 

    Why Elon Musk is Accepting meme coins DOGE as TFT rises

    Tesla and SpaceX CEO Elon Musk has been a vocal supporter of DOGEcoin, a cryptocurrency that was created as a joke in 2013. On May 4, 2021, Tesla announced that it would begin accepting DOGEcoin as payment for its products.

     This move sent the price of DOGEcoin soaring, and it has since become one of the most popular cryptocurrencies. But why would Musk accept a currency that was created as a joke? Let’s take a look.

    DOGEcoin was created in 2013 as a parody of Bitcoin. It was originally intended to be used as a tipping currency on Reddit, where users could give each other small amounts of DOGEcoin for providing helpful or amusing content. 

    However, over time, the currency has grown in popularity and is now used by many businesses and individuals as a legitimate form of payment.

    While DOGEcoin may have started as a joke, it has since become a serious cryptocurrency with a large market capitalization. As of May 2021, the currency has a market cap of over $50 billion. This makes it one of the most popular cryptocurrencies in the world.

    Musk has been a vocal supporter of DOGEcoin, and he frequently tweets about the currency. On April 1, 2021, Musk even joked that he would make Tesla’s “Horn & Tail” feature available for purchase using DOGEcoin. While Musk’s tweets about DOGEcoin are often humorous, they have helped to increase public awareness of the currency.

    Musk’s decision to accept DOGEcoin as payment for Tesla products is likely to increase the currency’s mainstream adoption. Is Toon Finance next?

    Many businesses and individuals are already beginning to use DOGEcoin as a payment method, and Tesla’s acceptance of the currency is likely to accelerate this trend. In addition, Musk’s endorsement is likely to increase public confidence in DOGEcoin and help to legitimize it as a serious investment option.

    Elon Musk’s decision to accept DOGEcoin as payment for Tesla products is likely to increase the currency’s mainstream adoption. 

    Many businesses and individuals are already beginning to use DOGEcoin as a payment method, and Tesla’s acceptance of the currency is likely to accelerate this trend. In addition, Musk’s endorsement is likely to increase public confidence in DOGEcoin and help to legitimize it as a serious investment option.

    SHIB vs TFT

    SHIBcoin is a cryptocurrency that was created as a fork of the popular cryptocurrency Shiba Inu. The project aims to create a decentralized ecosystem of digital services and applications. The native token of the SHIB network is called SHIB. 

    The total supply of SHIB is 1 quadrillion. SHIB is listed on several popular cryptocurrency exchanges and can be traded against other cryptocurrencies.

    What is Shiba Inu?

    Shiba Inu is a popular cryptocurrency that was launched in August 2020. The project aims to build a decentralized ecosystem of digital services and applications. The native token of the Shiba Inu network is called SHIBA. 

    The total supply of SHIBA is 1 quadrillion. SHIBA is listed on several popular cryptocurrency exchanges and can be traded against other cryptocurrencies.

    What are the differences between SHIB and SHIBA?

    SHIB has a few key differences when compared to its parent currency, Shiba Inu. Firstly, SHIB has a much smaller total supply at just 1 billion tokens. Secondly, the block rewards on the SHIB network are halved every 4 years while the block rewards on the Shiba Inu network are halved every 2 years. 

    Lastly, the developers of SHIB have implemented a Proof-of-Stake consensus algorithm which allows users to earn rewards for staking their tokens. 

    How to buy SHIB?

    SHIB can be bought and sold on several popular cryptocurrency exchanges such as Binance, Huobi, and OKEx. It can also be traded against other cryptocurrencies such as BTC, ETH, and USDT. 

    Where to store SHIB?

    SHIB can be stored in any wallet that supports the ERC-20 token standard such as MetaMask, Trust Wallet, or MyEtherWallet. 

    SHIBcoin is a cryptocurrency that was created as a fork of Shiba Inu with the aim of building a decentralized ecosystem of digital services and applications. The native token of the SHIB network is called SHIB and has a total supply of 1 billion tokens.

    SHIB can be bought and sold on several popular cryptocurrency exchanges such as Binance, Huobi, and OKEx. It can also be stored in any wallet that supports the ERC-20 token standard such as MetaMask, Trust Wallet, or MyEtherWallet.

    Toon Finance blows past SafeMoon (SAFEMOON)?

    SafeMoon is a human-focused technology and innovation business expanding blockchain technologies for a brighter tomorrow. Deeply connected to and driven by its award winning community (The SafeMoon Army), SafeMoon is innovating for good. Building blockchain, commerce, metaverse and NFT products to derive new kinds of value from crypto technology and to apply it to increasingly better use.

    What Is SafeMoon’s Purpose?

    SafeMoon’s purpose is to provide new kinds of value from crypto technology and to apply it to increasingly better use. The company is focused on building blockchain, commerce, metaverse and NFT products. They also have a strong focus on their community, which they refer to as the “SafeMoon Army.”

    What Are Some of SafeMoon’s Products?

    Some of SafeMoon’s products include their blockchain platform, their cryptocurrency (SAFEMOON), and their Metaverse product. The blockchain platform is designed to be scalable and efficient. The cryptocurrency (SAFEMOON) is designed to be a deflationary currency. And the Metaverse product is an online world that allows users to create, buy, sell, or trade virtual assets.

    What Is the SafeMoon Army?

    The SafeMoon Army is the name of SafeMoon’s community. This community is deeply connected to the company and helps drive its innovation. The community is also responsible for spreading awareness about SafeMoon’s products and services.

    SafeMoon is a human-focused technology and innovation business expanding blockchain technologies for a brighter tomorrow. The company is focused on building blockchain, commerce, metaverse and NFT products. They also have a strong focus on their community, which they refer to as the “SafeMoon Army.” 

    Some of Safe Moon’s products include their blockchain platform, their cryptocurrency (SAFEMOON), and their Metaverse product. If you’re looking for a company that is innovating for good, then you should definitely check out SafeMoon.

    Toon Finance is a better option when it comes to a meme coin investment at this point in the game. Safemoon unfortunately does not have much to offer rather than a strong community, which is very important however it will not mean success is sealed. Always research and make sure that you are making the correct investment for yourself and your future. 

    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.

    Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.

    Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
    More Less

    Source link

  • Shiba Inu vs Cardano: Which Cryptocurrency will Reach US$1 Before 2023 Ends?

    Shiba Inu vs Cardano: Which Cryptocurrency will Reach US$1 Before 2023 Ends?

    Cardano and Shiba Inu are among the hottest crypto networks in the Cryptoverse. In Shiba Inu vs Cardano, which is the best crypto to buy before 2023?

    Source link

  • Flasko (FLSK) Becomes The Most Discussed Cryptocurrency Over Shiba Inu (SHIB) and Apecoin (APE)

    Flasko (FLSK) Becomes The Most Discussed Cryptocurrency Over Shiba Inu (SHIB) and Apecoin (APE)

    The recent few months have been quite challenging for cryptocurrency investors because some of the well-doing cryptocurrencies in the past, like Shiba Inu (SHIB) and Apecoin (APE), are now struggling to deliver profits to investors. 

    With this, Shiba Inu (SHIB) and Apecoin (APE) investors are looking for more innovative cryptocurrencies such as Flasko. Shiba Inu (SHIB) Is No Longer A Profitable Cryptocurrency Shiba Inu (SHIB) cryptocurrency came out when people were too excited to invest in meme coins. This is the main reason why thousands of investors have been waiting for Shiba Inu (SHIB) to be listed on Binance as well. However, Shiba Inu (SHIB) is now gone, facing numerous struggles to ensure its survival. It looks like the hype for meme coins is over, and the investors don’t think that the value associated with Shiba Inu (SHIB) will go up in the near future. Apecoin (APE) Continues To Drop Apecoin (APE) is a cryptocurrency that created an ecosystem to support token owners. It was able to deliver community engagement to the next level. The Bored Ape Yacht Club holders played a major role in the success of Apecoin (APE) As a result, its value increased to $39 back in 2021. However, Apecoin (APE) is now dropping. The current trading price of Apecoin (APE) is just $5.16. This will continue to drop, and investors are not too sure whether to go ahead with investing their money in Apecoin (APE) or not. Flasko (FLSK) Will Be A Great Alternative Investment  Flasko will surely be an excellent alternative investment that investors can consider. This alternative cryptocurrency is allowing people to invest in rare, expensive, and vintage champagne, wines, and whiskeys. Anyone who holds onto Flasko will be able to receive profits that come from the rising value of the cryptocurrency. Moreover, the physical bottles that back up NFT investments of Flasko can be delivered to the investor’s destination of choice.  The current presale price of Flasko is $0.065. This is expected to rise in early 2023, and anyone who invests in it right away will be able to receive benefits that come along with its 4,000% growth potentialWebsite: https://flasko.io Presale: https://presale.flasko.io Telegram: https://t.me/flaskoio Twitter: https://twitter.com/flasko_io

    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.

    Was this writing helpful?


    Source link

  • What Are The Biggest Meme Coins In the Cryptocurrency Market – Dogecoin, Shiba Inu, and Big Eyes?

    What Are The Biggest Meme Coins In the Cryptocurrency Market – Dogecoin, Shiba Inu, and Big Eyes?

    Meme coins like Big Eyes, Dogecoin, and Shiba Inu are gaining huge popularity in the cryptocurrency market. Let’s find out more

    Source link

  • Big Eyes Coin Pre-Sale Gains Popularity As Shiba Inu And OKB

    Big Eyes Coin Pre-Sale Gains Popularity As Shiba Inu And OKB

    The cryptocurrency market has been fluctuating for several weeks now. Nevertheless, there are indications that cryptos such as Shiba Inu (SHIB) and OKB (OKB) may be gearing up for potential bullish performance. This state of affairs comes as Big Eyes (BIG), a potential next big cryptocurrency, gains pre-sale popularity.

    Undoubtedly, these cryptos have so much potential in these coins, making buying into them worth prioritizing. Thus, this article discusses what the numbers are for Big Eyes (BIG) and why Shiba Inu (SHIB) and OKB (OKB) may be preparing to embark on a bull run. Let us take a look.

    Buy Big Eyes Coin For A Chance To Earn Big

    The Big Eyes (BIG) pre-sale indicates that the new cryptocurrency is becoming popular among crypto enthusiasts. At the time of writing, Big Eyes (BIG)—now in Stage 5 of its pre-sale—has raised over $7.1 million, with the new altcoin fast selling out.

    Big Eyes (BIG) is a community-focused meme token seeking to disrupt the meme sector by revolutionizing how meme tokens function. As such, Big Eye (BIG) aims to drive wealth into the decentralized finance (DeFi) sector by leveraging the wealth-generating capability of non-fungible tokens (NFTs).

    Big Eyes’ (BIG) promises to enable users to become wealthy. This promise may be why crypto enthusiasts are rushing to buy the new cryptocurrency, especially during the bear market when many other cryptos are failing to live up to expectations

    Watch Out For Shiba Inu As Its Ecosystem Grows

    At the beginning of the bear market, Shiba Inu’s (SHIB) price drop was very sporadic, leading analysts to predict that it may not sustain the bear market.

    However, its price performance has normalized since the altcoin’s recent drop to 15th position on the list of largest cryptos by market capitalization, per CoinMarketCap.

    As things stand, the number of crypto enthusiasts showing interest in Shiba Inu (SHIB) is growing steadily. This surge in interest is due to Shiba Inu’s (SHIB) growing ecosystem, which features several key products and beneficial offerings.

    Per reports, the number of Shiba Inu (SHIB) holders reached a new all-time high of 2,193,520 a day after the launch of the long-awaited Shiba Eternity play-to-earn (P2E) game. Statistics also show that the number of Shiba Inu (SHIB) holders has increased by 171,763 since July, with 104,200 being added only since September.

    In the coming months, more upcoming developments will be key in growing Shina Inu’s (SHIB) price. Also, the growing number of Shiba Inu (SHIB) holders means the altcoin may be on the verge of embarking on a bull run, which will make its price explode.

    OKB Is Still In The Game

    OKB (OKB) is a cryptocurrency on a steady upward trend. Despite bear market effects, OKB (OKB) continues to stay true to its promise of helping users experience a better future. OKB (OKB) enables users to explore the worlds of decentralized finance (DeFi), decentralized apps (dApps), NFTs, and gaming finance (GameFi).

    In September, OKB (OKB) witnessed an over 20% price increase to reach $16.56, up from around $13. Although OKB’s (OKB) price is unsteady due to bear market conditions, reports indicate that the altcoin is currently enjoying increased buy support.

    OKB’s (OKB) price is on an uptrend amid short periods of decline, meaning the altcoin may be on its way to a sustained bull run. Experts believe that this could push its price to $20 before the end of 2022.

    Based on what we have seen, Shiba Inu (SHIB) and OKB (OKB) are worth keeping an eye on and adding to your portfolio. Both altcoins’ roadmaps show that there is much to look forward to between now and the coming years. Like them, Big Eyes (BIG) boasts a robust roadmap that could help it surpass expectations when it hits the market.

    Big Eyes (BIG) currently ranks among the most anticipated cryptos in 2022, and you should leverage its low price to buy the potential next big cryptocurrency during the bear market.

    For more information on Big Eyes (BIG), visit these links:

    Big Eyes Coin (BIG)

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

    Website: https://bigeyes.space/

    Telegram: https://t.me/BIGEYESOFFICIAL

    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.

    Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.

    Source link

  • DOGECOIN PRICE:Dogecoin price surges by 6% in the last 24 hours

    DOGECOIN PRICE:Dogecoin price surges by 6% in the last 24 hours

    DOGECOIN PRICE:Dogecoin price surged by 6% in the last 24 hours

    One of the biggest meme coins to invest in is Dogecoin.Dogecoin (DOGE) is one of the meme coins that garnered the most attention in 2022.Companies like Tesla have accepted DOGE as a payment method for purchasing their merchandise.

    DOGECOIN PRICE$0.07213
    PRICE CHANGE 24H6.12%up
    TOTAL SUPPLY132,670,764,300
  • BITCOIN PRICE: Bitcoin is pumping again and holding above $24,000

    BITCOIN PRICE: Bitcoin is pumping again and holding above $24,000

    Bitcoin price is pumping again and has surged to $24,000 USD. Bitcoin the king of all coins and the world’s largest cryptocurrency is pumping again.

    Bitcoin Price$24,025.21
    Price Change 24h3.32% UP
    Market Rank# 1
  • Oversold RSI Could push Decentraland (MANA) up significantly in the near term

    Oversold RSI Could push Decentraland (MANA) up significantly in the near term

    The last 7 days have been bitter-sweet for Decentraland (MANA). After initially falling, the coin has started to gain some upward momentum albeit it hasn’t been that much. But an RSI reading suggests that a potential bull run is possible. Here are the main facts:

    • RSI readings show MANA is now oversold, suggesting the risk of a major sell-off is low.

    • With limited downside risk, MANA could bounce back steadily in the near term.

    • The coin could surge by 50% in this bullish setup.

    Data Source: Tradingview 

    How can MANA smash $3?

    The recent uptick in bullish momentum has not been that huge. But it has been enough to bring MANA above a crucial support zone of around $2. Bulls have done quite well to keep the price action above this. As the price consolidates, we expect it to push further towards the overhead resistance of $2.3. 

    The Relative Strength Index or RSI appears to suggest that this is actually more likely. You see, in recent days, RSI readings have moved towards the oversold territory. This basically suggests that the risk of any major sell-off as far as MANA goes is very low. 

    As a result, the only way is up. If indeed MANA is able to breach overhead resistance at $2.3, then it is a matter of time before it reaches $3. The biggest challenge however will be to maintain the price action above $3.

    How can investors profit from this bullish setup?

    There are two ways to profit from this MANA bullish setup. First, you can buy above the $2 support. As the token tests $2.3, you can either exit or bet on it, hitting $3. Either way, a run towards $2.3 still makes you 15%.

    Secondly, you can wait for the coin to breach overhead resistance at $2.3. MANA will likely surge to $3 after that, delivering gains of around 25%.

  • Terra (LUNA) aims to smash past $100 in the coming days

    Terra (LUNA) aims to smash past $100 in the coming days

    We have seen some decent positive momentum for Terra (LUNA) over the last three trading sessions. The coin however appears to have stagnated but there is still more upside for growth. Here are some key facts to note:

    • LUNA has fallen sharply from its $119 highs at the beginning of April.

    • The coin is however consolidating and could surge towards $100 in the days ahead.

    • This will represent a 15% upswing from the current price.

    Data Source: Tradingview 

    How soon will LUNA hit $100?

    After recording modest gains over the last two sessions in a row, LUNA appears to have stagnated. The coin is largely trading sideways, but this is actually a good thing. It means we are seeing some price consolidation following the steep correction LUNA reported after hitting $119 on April 5. Once this consolidation is done, LUNA bulls will likely take over.

    This will happen in the next few days, in fact, we expect LUNA to test $100 at the beginning of trading next week Monday. The run will represent a 15% gain from its current price. The key for bulls however will be to see off any sell-off after hitting the $100.

    As we have seen with many coins this year, when a decisive bull run breaks out, investors are locking profits at crucial resistance zones. The $100-mark is one such resistance for LUNA, and if bulls decide to lock profit at this price, a fall; towards $80 will be inevitable. But in the short term, the possibility of a $15 – 20% gain is highly likely.

    How far can the uptrend go?

    We are not sure there will be enough bullish momentum to take LUNA above $100. In fact, this price will be a huge supply zone.

    Unless something drastic happens, the upswing potential for the coin is severely limited for now. But if the token can sustain gains above $100 for a few days, then a surge towards $120 is not out of the question.

  • Harmony (ONE) reports an extensive rebound – Will the uptrend last?

    Harmony (ONE) reports an extensive rebound – Will the uptrend last?

    Harmony (ONE) had suffered a major sell-off at the start of April. The coin in fact hit the lowest level since the tail end of February and was looking bearish. But so far, it seems like the token is rebounding. How long can this uptrend last? Learn more below but first, here are key takeaways from the article:

    • Harmony has managed to maintain strong support at $0.1130 in recent weeks.

    • The coin has surged by 6% in the last 24 hours albeit it remains 10% down for the week.

    • The rally over the last few days seems unlikely to last that long.

    Data Source: Tradingview 

    Harmony (ONE) – Why the recent uptrend will fade?

    There is a very big difference between a rebound and a trend reversal. When coins go through a sustained bearish period, they are likely to rebound slightly but overall, the bearish conditions still remain. This is the exact case with Harmony (ONE). 

    Although the coin has posted some decent gains in the last few days, we don’t expect the medium-term bearish trend to reverse. In fact, ONE still remains well below its 25- and 50-day SMAs. Besides, a look at the chart shows that coin has formed an inverted cup and handle pattern. 

    These two indicators suggest that a bearish trend is still expected. Perhaps the good news for ONE investors is the fact that the coin is still trading above the crucial support zone of $0.113. But if this price is breached, more losses will follow.

    How to play the Harmony (ONE) setup?

    There is a massive downside risk with Harmony right now. The best thing to do as an investor is to watch the price action this week. If bulls manage to maintain the $0.11 support, then you can buy and exit at 20% gains max. 

    The potential upside for ONE remains significantly low. But if the support is breached, give it another week to consolidate before you buy.