Author: Muskan

Hedera Hashgraph (HBAR) is on a bullish trajectory currently with the coin has increased by 8% during the past twenty-four hours. One of the reasons why the HBAR token is surging is because of a recent tweet from Tesla CEO and billionaire investor Elon Musk. Musk tweeted an italicized “h” which is also Hedera’s official logo. In response to the tweet, the network replied with “same”. This has led to a Twitter frenzy with holders speculating that the billionaire investor may soon turn towards HBAR. 

Moreover, a recent proposal HIP-338 has also been approved by the community. The new proposal is geared towards creating a decentralized and highly scalable ecosystem for Hedera Hashgraph’s wallets. Currently, InvestorsObserver has given Hedera Hashgraph a risk rating of medium which means that the token can be expected to be volatile but in a sustained range. The risk rating also indicates that the price is somewhat immune to manipulations right now. 

Price movements 

The cryptocurrency had been on a steady downturn in the weekly timeframe but the current price movements suggest a trend reversal. At the time of writing, the cryptocurrency stands at a price level of $0.23. The daily trading volume has also increased by 70%. HBAR is the thirty-second largest cryptocurrency in the market with a capitalization of $4.2 billion. The bullish break has been caused by the positive developments on the network and the community is strongly bullish on HBAR right now. The future outlook of the token is also bullish. According to the estimates of PricePrediction.net, Hedera Hashgraph is expected to start the next year with a price of $0.69 and possibly reach above $2 in five years. 

Why Hedera Hashgraph?

Hedera Hashgraph is one of the most solid projects in the cryptocurrency market. Last year, the token surpassed the transaction number of Ethereum which further solidified its position. Moreover, the network possesses the capabilities to process more than 100,000 transactions in just a second, and with the scalability issues facing the broader cryptocurrency market, this is highly valuable. If HBAR is able to turn its theoretical potential into practice, the network will gain prominence over leading traditional payment systems like Visa. 

Hedera Hashgraph has also been regarded to be one of the most environmental-friendly cryptocurrencies due to its Proof-of-Consensus model which guarantees higher scalability along with decreased energy consumption. The network also regards the HBAR token to be the world’s greenest cryptocurrency. 

Ampleforth Governance Token (FORTH) is one of the token gainers on Binance. The cryptocurrency had been on a strong bearish trend during the month of February; however, the daily price action shows that the token has effectively reversed its trajectory with a steep jump to the upside. Although the question of whether or not the token can sustain its trajectory still remains as FORTH began declining right after the upward jump. At the time of writing, FORTH stands at a price level of $7.01. The price has increased by 25% during the day while the daily trading volume has jumped by nearly 1,000%. 

What is Ampleforth Governance Token?

Ampleforth Governance Token powers the Ampleforth ecosystem. It is responsible for handling governance-related matters in the ecosystem. While the FORTH token may not have a lot of instrinsic value, its value is primarily derived from the Ampleforth ecosystem which gives it a bullish outlook. Moreover, the rule of differentiation of a good token from a bad token is mostly the underlying technology and in the case of the FORTH token, the Ampleforth ecosystem has a lot of value to provide. 

Ampleforth considers itself to be fundamentally similar to Bitcoin but with improvements. Apart from providing the usual benefits of a decentralized cryptocurrency like Bitcoin, the platform offers stable smart contracts. It is one of the leading rebasing platforms which convert price volatility into movements in the supply. The major offering of the network – apart from the Ampleforth Governance Token – is the AMPL token which is essentially an algorithmic stablecoin with its value pegged to the US Dollar and price maintained through rebasing. 

What to expect from FORTH? 

The Ampleforth Governance Token (FORTH) is a good bet in the cryptocurrency market. The underlying technology is strong and the token also has a strong footing in the market with a market rank of #426. The current bullish trend is also a testament to the strength of the token. FORTH has an optimistic outlook for its future. According to the estimates of Digital Coin Price, the cryptocurrency is expected to touch $10 by the end of the year while the five-year price projection places it at $19. PricePrediction.net is even more bullish on the token and suggests the price will be operating above $40 by 2027. The current bearish break may present a good buying opportunity for Ampleforth Governance Token. 

Losers also provide good investment potential as the market is expected to correct itself after strong bearishness. Moreover, buying the dip is always a good strategy. Here are some of the top losers of the week:

Moonbean (GLMR) has been steadily declining ever since February started. The bears are going strong for the token and have resulted in a loss of 52% during the week. At the time of writing, the token stands at a price level of $2.33. Moonbeam is a Polkadot parachain designed to further boost the development ecosystem on Ethereum.

Smooth Love Potion (SLP) had been bullish during the beginning of February but the market started to correct itself soon after. SLP has been declining ever since. The token lost 41% of its value during the week and 17% during the current day. SLP is one of the tokens of the Axie Infinity gaming ecosystem.

Syscoin (SYS) has declined by 40% during the week – making it to our top losers’ list. The token has been hit by the bearish momentum in the market as it has suffered immensely during the week. The current price of $0.49 has declined by 17% which indicates the strength of the bears; hence, the SYS token may be declining for a while.

OpenDAO (SOS) is another top loser in our list as the token has been on a downward roll since February. At the time of writing, the cryptocurrency stands at a price level of $0.0000019. The SOS token has lost 37% of its value during the running week while the daily performance shows a decline of 12%.

OriginTrail (TRAC) is the world’s first decentralized knowledge graph and one of the most solid projects in the market. The cryptocurrency is under strong market corrections which have resulted in a loss of 35% during the week and 19% during the current day. At the time of writing, the TRAC token is trading hands at $0.41 apiece.

Top gainers may be one of your best bets during a bearish roll in the cryptocurrency market as these tokens have managed to defy the market momentum. Here are some of the top-performing cryptocurrencies of the week:

Florin (XFL) is our top gainer of the week with a phenomenal surge of 441%. The cryptocurrency has shocked its community with the price surge as the token entered the top 500 cryptocurrencies by market capitalization. XFL had been on a steady uptrend during the week and is currently standing at its new all-time high. The token is trading hands at $732 apiece with a daily gain of 173%.

Aditus (ADI) is another top gainer with an increase of 99% during the week. It is the world’s first blockchain-based platform for luxury products aimed at crypto users. The uptrend is going strong for the token as the current price of $0.000269 has increased by 47% during the day. The outlook of the token is strongly bullish as of now.

Silva Token (SILVA) powers the Silva Finance ecosystem which is working towards making crypto payments – both online and offline – seamless and easy. The cryptocurrency has surged upwards by 71% during the running week while the daily performance shows an increase of 57%. The uptrend is expected to continue in the upcoming days.

GlitzKoin (GTN) has been suffering from periodic bouts of bearishness but is currently on a bullish roll. The cryptocurrency increased by 39% during the week with a surge of 28% during the current day. The token is trading hands at $1 apiece. GlitzKoin is harnessing the power of the blockchain industry to make the diamond industry more efficient.

Hyperion (HYN) is the final gainer of the week. The cryptocurrency is on strong bullish momentum as it climbed upwards by 33% during the week. The daily price movement shows an increase of 56%. Currently, the token is standing at a price level of $0.56.

One of the best ways to make money in the crypto market despite a bearish momentum is to invest in the right projects before they operationalize. Here are some of the active ICOs to look into:

Metarun is an upcoming blockchain-based game that is currently in its ICO phase. The gaming segment of the market is highly popular which automatically gives a bullish outlook to new but good projects; hence, the Metarun project can be explored for potential. The project has raised $4,000,000 so far. The ICO is ending soon, better hurry up!

UncleMine is an innovative blockchain-based fundraising project. The platform allows mining-assets backed financing for DeFi and DAO platforms in the market. The innovative proposition is also novel in the market. The token sale is scheduled to end tomorrow with a fundraising goal of $750,000.

Project Galaxy is working towards furthering the development of Web 3.0 through its value proposition. The project provides the use of credential data and NFTs for web 3.0 developers to enhance products and communities. The token sale is scheduled to end tomorrow; however, it has completed its fundraising goal of $25,000,000.

Ancient8 is a decentralized autonomous organization geared towards making the metaverse more accessible. The DAO will develop a platform as well as a community that will encourage open participation in the metaverse to earn rewards. The token sale of the project is expected to end in 19 days. Ancient8 aims to raise $4,000,000 through its ICO.

Akt.io is a blockchain-based application that aims to empower crypto users by giving them control of their wealth and also enabling new and high-yield investment opportunities. The token sale is currently going on and the project has received $10,070,000 so far with a total fundraising goal of $31,250,000.

Upcoming ICOs

Since ICO investment is high-risk, it is better to complete your due diligence before investing – which is why upcoming projects may be more attractive. Here are some of our top picks that you can look into:

Since the metaverse is going hot right now, there are a lot of incoming projects in the segment with a bullish outlook. Pax World is one such project. It is aimed at solving some of the current issues of the segment in order to elevate the user experience. The ICO of the project is expected to begin in a couple of days with a fundraising goal of $6,780,000.

Xana is also another project geared at the metaverse realm. The project is essentially a sidechain for Ethereum that is designed with futuristic metaverse capabilities. The token sale of the project is expected to begin towards the end of February. Xana is aiming on raising $500,000 through its ICO.

ChainPort is another excellent project to look into. The project is working on solving the problem of interoperability in the blockchain market. It is essentially a blockchain bridge that provides high security and instant swaps between chains. The date of the token sale has yet to be announced but is expected to begin this month. The fundraising goal is set at $150,000.

Themis is a crypto lending platform but the lending occurs not through cryptocurrencies but with NFTs. The platform utilizes collateralized NFTs by using historical transaction data of NFTs. The ICO is expected to begin before the end of February. The project also aims to raise $2,000,000 through its token sale.

Harmony Launcher is a launchpad designed for projects on the Harmony blockchain. It proved an efficient and hassle-free channel to launch new projects on the blockchain. The token sale is expected to begin in February and the project aims to raise $1,850,000 through the token sale.

Ended ICOs

Here is a list of some of the ended projects that have ended:

• DeFiato combined DeFi and CeFi. The project’s ICO ended yesterday and earned $1,000,000
• Universe Finance is a liquidity management platform for Uniswap. The project managed to raise $700,000 through its ICO
• Alpine F1 is utilizing blockchain technology to bring sustainability into Formula 1 racing and automotive industry. The project raised $4,000,000 through its ICO
• Bullieverse is an open metaverse platform. The ICO of the project ended on 18^th February and raised $1,000,000
• Arenum is a blockchain-based gaming ecosystem that managed to raise $400,000 through its ICO

The cryptocurrency market has lost more than 7% of its value during the past day – indicating strong bearish pressures. Bears have dominated the market amidst uncertainty in the United States regarding crypto regulation. However, the beauty of the market lies in the opportunities it provides despite a bearish momentum. Read on to find out how you can still make money!

Highlights of the week

Here are the top developments that happened around the market:

• BTC’s weekly performance shows a decline of 15% as the king of the market fell below $40k – currently standing at $36,887. Ethereum, too, has lost 17% of its value during the week and is trading hands at $2,526
• The Federal Reserve of the United States has banned officials from trading stocks and cryptocurrencies after a couple of scandals emerged last year
• Lawmakers in Wyoming are pushing the state for launching its stablecoin
• Intel has launched a Bitcoin mining chip along with a mining rig. There is also news about the next generation of the chip being under development
• FTX – the leading crypto exchange – has announced to launch a gaming unit called FTX Gaming
• The Russian Finance Ministry has submitted proposed legislation for cryptocurrency regulation in the country which would bar direct transactions
• The Indian authorities have arrested 11 people in a crack against a crypto scam that would have washed down $5.4 million

The owner of Bored Ape Yacht Club NFT has filed a lawsuit against OpenSea claiming the exchange sold his NFT for a fraction of its cost

Hottest Airdrops

Get your hands on some of the hottest airdrops currently going on

Metablaze Airdrop 

• Visit the Metablaze airdrop page
• Submit your details and sign up
• Complete social tasks to earn entries
• 500 participants will be selected at random to win $10 worth of tokens with an additional 200 participants winning $20 worth of MBLZ
• The top two referrers will also receive $500 worth of MBLZ

Faith Tribe Airdrop 

• Visit the Faith Tribe giveaway page
• Submit your details & sign up
• Complete social tasks to earn entries
• Submit your Polygon wallet address on the giveaway page
• A total of 50 participants will be selected at random to win $50 worth of tokens each

Santos Airdrop

• Create an account on Binance
• Users with a minimum trading balance of $200 in SANTOS across any spot pair will be ranked on the basis of their trading volume
• The users will then share a prize pool of $10,000 worth of tokens

inShape Airdrop 

• Visit the inShape airdrop page
• Sign up with your details
• Complete social tasks to earn entries
• The top 20 users in terms of number of entries will win up to 1,000 USDT and 15,000 SHAPE tokens each

NFT Gaming Stars Airdrop 

• Visit the NFT Gaming Stars airdrop page
• Sign up by entering your details
• Complete tasks to get earn entries
• Referrals also earn entries
• The top 200 participants will win $100 worth of tokens

Huobi Token (HT) powers one of the major cryptocurrency exchanges. The crypto had been in somewhat of a consolidation phase during February. The price movements during the day show the consolidation may have ended on a bearish note but the bearish momentum is not confirmed yet – especially with the community being bullish on the token amidst major developments on the crypto exchange. At the time of publishing, HT token stands at a price level of $9.72. The price had declined by 2% during the day while the trading volume has increased by nearly 20%. Huobi Token is currently the sixty-second largest crypto in the market. 

Huobi Token: Recent developments

Huobi is one of the leading cryptocurrency exchanges which enables its users the access of a wide variety of financial products. The exchange is utilized in more than 170 countries and apart from crypto trading, it also provides top-notch market research, education services and social welfare – with a focus on inclusivity.

Huobi Global has entered into a strategic partnership with CoinPanel – a smart crypto trading platform – to enable futuristic features for crypto trading. Crypto exchanges suffer from various network outages and problems related to ease of use which jeopardizes the growth of the blockchain industry. The strategic partnership between the two firms will enable the integration of the trading features. Moreover, a giveaway has also been announced during which new subscribers will get a chance to win $10,000 in USDT.

Huobi also performs a monthly burn to decrease the floating supply of the token. During the running week, the exchange revealed that it performed its monthly token burn and burned $7.57 million worth of HT tokens. The current circulation of the token stands at 166 HT. The burn ensures that the token’s supply stays scarce which can play a role in increasing the price level.

Future outlook 

Huobi token can be one of the best bets in the market because of its underlying technology. Cryptocurrencies’ value is closely linked with the value proposition it brings which is why HT has a solid footing in the market. The recent developments may push the cryptocurrency towards reversing its current slight downtrend. The future outlook of the token is bullish. According to the estimates of Digital Coin Price, the cryptocurrency is expected to be operating at a price level of $12.88 in a year’s time while the five-year projection places it at $26.58.

Alpaca Finance (ALPACA) is one of the top gainers on Binance during the daily timeframe. The cryptocurrency has surged upwards by more than 20%. The cryptocurrency has been showing strong bullish momentum during the weekly timeframe. However, the uptrend appears to be nearing a downside breakout which will invalidate further bullish momentum for the token. At the time of writing, the token stands at a price level of $0.48. The daily trading volume has surged upwards by a staggering 1,000%. Alpaca Finance stands at a market rank of #465 with a capitalization of $70 million. 

What is Alpaca Finance? 

Alpaca Finance is one of the major decentralized applications on the Binance Smart Chain. The project is the largest lending platform on BSC and not just the largest but it is also the first leveraged yield farming protocol both on Binance Smart Chain and Fantom. 

Having its value tied to one of the largest networks in the cryptocurrency market is definitely a plus point – especially since the platform has also established itself to be a major key player of the ecosystem. In terms of total value locked, Alpaca Finance is the third largest protocol on Binance Smart Chain. 

What to expect? 

The project is also heavily involved in charitable endeavors especially towards animal conservation, rescue and nature-oriented charities. Recently, the platform donated $6,000 to the Southeast Llama Rescue for covering up the cost of veterinary care and support of llamas and alpacas. This is not all. Alpaca Finance has pledged to donate as much as $300,000 to charities. This initiative also puts the project under the radar of many investors. 

Moreover, Alpaca Finance is also delving into the NFT segment to expand its scope. The platform launched an NFT collection in collaboration with Project Galaxy exclusive for attendees of an event. This is not the first of such collaborations as the protocol has been consistently partnering up with various projects for exclusive NFT collections. 

The value proposition of the project along with its growth trajectory is impressive – which makes it a good investment potential. It also has the support of Binance smart Chain since Alpaca Finance is an integral part of the BSC ecosystem. Moreover, the long-term outlook of the token is also bullish. According to the estimates of Digital Coin Price, the cryptocurrency is expected to end the year with a price level of $0.63 and reach towards $1.33 in five years’ time. 

Crypto.com Coin is one of the leading cryptocurrency exchanges in the market. The exchange operates with a native token CRO by the same name. The exchange also has an EVM-compatible chain, Cronos, that was released in November 2021. The CRO token has been rebranded to Cronos in order to celebrate the growth of Cronos and what the exchange stands for. 

Crypto.com Coin rebranding to Cronos 

Crypto.com launched its Cronos chain to run parallel with its blockchain. The Cronos chain has been designed for the decentralized finance sphere by enabling next-level scalability to the segment. The Cronos chain enables users to seamlessly migrate dApps built on Ethereum or Ethereum-compatible chains to other chains. The Cronos chain has been regarded to be the next phase in the growth of the Web 3.0 infrastructure. Since Crypto.com Coin is also the native token of Cronos, rebranding of the name is to pay tribute to the growth of the ecosystem and also to pay emphasis on the decentralization of the token. 

What else is going on? 

Cronos has acquired more than 350,000 unique wallet addresses in just three months after going live with over 120 dApp developers working on the network. The phenomenal growth is expected to have positive impacts on Crypto.com Coin. Moreover, the exchange also continues to make headway in expanding its scope. The crypto exchange recently added another token, DigiByte, to its platform. Apart from this, as many as ten new pairs have been added to leveraged margin trading offering up to ten times leverage. 

Price movements 

The recent announcement has not yet had any major impact on the CRO token as the token continues its earlier-established trajectory without any evident bullish momentum. However, the rebranding is a significant development that is expected to eventually have a positive impact on the price. The cryptocurrency has been largely bearish – especially since yesterday as the price of the token tanked downwards. At the time of writing, CRO stands at a price level of $0.45. The price has moved downwards by nearly 4% during the day while the trading volume has increased by 50%. Crypto.com is currently the seventeenth-largest token in the market with a capitalization of $11 billion. 

CRO token has a bullish future outlook. According to the estimates of Wallet Investor, the cryptocurrency is expected to be operating above $1 in a year’s time while the five-year projection places it at $3.57. 

DIA coin has largely been under bearish pressures since December; however, the recent price actions reveal the cryptocurrency to have broken its downtrend. The bulls have taken over the token. At the time of writing, the crypto stands at a price level of $1.30. The price has increased by more than 30% during the past twenty-four hours while the trading volume has surged upwards by a staggering 3,000%. The trading volume to market capitalization ratio of the token is 3.41 indicating the current surge in interest. DIA token has a market rank of #435 with a fast-growing capitalization. The community is currently highly bullish on the token indicating a possibility of the price trading at $2. 

What is DIA? 

DIA stands for Decentralized Information Asset. Blockchain technology celebrates decentralization; however, because of the technology’s novelty securing accurate data has been a hard task which is why developers oftentimes resort to centralized sources of data. True innovation was brought by Chainlink – a decentralized oracle – and other projects have followed suit. DIA works similar to Chainlink as it is a decentralized open-source oracle platform with cross-chain compatibility. The platform is geared specifically to Web 3.0 applications. It enables complete verification and sourcing of data to ensure that nothing less than accurate data is being used in the blockchain market. 

The DIA platform collects data from various sources – be it traditional or decentralized – and provides storage and sanitization services. After which, an interface is provided through which decentralized applications can access and utilize the data available. Some of the kinds of data available are price feeds, metaverse-related data, lending rates, etc.  

Future outlook 

The current surge of the DIA token can be attributed to the recent developments of the platform. The token got listed on Coinbase Exchange – indicating its growing presence in the market. LunarCrush has ranked the token at first place out of 3,560 based on social and market activity. DIA also announced a partnership with a crypto benchmark administrator – CF Benchmarks. CF Benchmarks will be utilizing the platform’s data for its crypto indexes.  

The recent developments and token performance has given DIA a bullish future outlook. According to the estimates of Digital Coin Price, the cryptocurrency is expected to be operating at a price level of $1.76 by the end of the year while the five-year price projection places it at $3.49.