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Tag: Crypto

Keep3rV1 (KP3R) – On to New Heights?

KP3R is ranked 180th in terms of market capital on coinmarketcap, with a market dominance of 0.01 percent. KP3R is currently being traded at $1,175 at the time of writing. In the last 24 hours, the price of the coin has risen by about 11%. The day’s high and low points are about $1,213 and $953.30. On the other hand, the daily trade volume jumped by about 187.17 percent in a single day.

Even on the red day, the coin has shown strong momentum and has increased a lot becoming one of the top gainers today. The fall, KP3R had reached an all-time high of roughly $2065 in November 2021. During the drop, KP3R formed a bottom and fell to $547 in June. The coin displayed reversal, just like many other coins, and soon it was trading above the lowest low that it had formed. This month we have seen an increase of about 38%.

KP3R has a total supply of roughly 201k tokens, with around all of them in circulation. KP3Rcan be purchased on a variety of exchanges, including OKEx, Binance, and CoinTiger.

Technical Analysis – Keep3rV1 (KP3R)

KP3R has a highly bullish chart in the creation. The price had been increasing continuously. On the 4H time frame we can see that the price had formed a double top and the pattern has now been completed. 4H time frame has been chosen to show a clearer chart as the daily wasn’t showing much.

We can see that during the increase in the price, KP3R had created an order block that hadn’t been mitigated for a long time. The neck came down from where it bounced back but ultimately, the price came down and touched the order block. Now there is no visible reason for the price to drop down again. This means that overall, the price action is bullish and we can expect it to break the next resistance.

Price Prediction – Keep3rV1 (KP3R)

KP3Rhas been one of the market’s most optimistic cryptocurrencies. Even on red days, the price has increased a lot. KP3R is predicted to reach $2544 in one year, according to Walletinvestor. It is predicted to reach $8481 in five years. This suggests that KP3R has a lot of potentials and can generate a lot of money, Traders believe it won’t be long before it achieves new all-time highs and trades above its old-time high.

January 12, 2022
Frax Share (FXS) – The Fractional Algo Stablecoin

Based on a fractional algorithm Frax System (FXS) is the first stablecoin that was created. It is an open-source, on-chain with ERC and permission less project that is implemented on Ethereum (with possible inter operability as well). The goal of the project is to replace fixed supply coins like Ethereum and Bitcoin and bring in the algorithmic-based coins that have their utility.

FXS is a stable coin that is based on fractional algorithm with components of its issuance based on supply and collateralization . The price of the coin defines the collateral size of the project. If the coin us being traded for more than $1 then the collateral size is reduced. Similarly if it is being traded at a price of less than $1 then the size is increased.

Frax Tokens – FXS is a stablecoin which has its value pinged to $1. Stablecoins were previously split into 3 categories: based on fiat, based on algorithm and over collateralized. Moving towards the fourth and most distinct category is decentralized stable coin based on a fractional algorithm.

How does Frax Share (FXS) Work

The project (FRAX) is driven by community and has a very unique design of operation. Over 60% of the FXS supply is distributed to liquidity providers and yield growers over several years. With on-chain governance, it is a completely decentralized protocol. During the time of its creation, FRAX was the only project that used a Collateral and a stablecoin operation based on an algorithm.

How is It Unique?

Due to its fractional-algorithmic monetary policy, the amount of coins in circulation is ever-changing in such a way as to keep the value pinged at $1. The supply of the coin is limited to 100 million coins with no timetable that shows about inflation. Governance of the project is also done through this coin, and holds the value of all the newly minted FRAX, as well as fees and excess collateral. FXS is a currency token and is an investment and governance asset.

Price Movement – Frax Share (FXS)

At the time of writing, FXS is being traded at the price of almost $38.04%. The price has almost increased by 15% in the past 24 hours. It is listed on coinmarketcap on 225th rank. The price had a minimum of about $32.76. During the past 24 hours, the maximum was around $38.72.

January 8, 2022
What is The Transfer Token (TTT)
Atom Solutions has released the TTT token, which is based on the ERC-20 standard. It intends to refresh our system as a DeFi token structure by integrating these numerous services using blockchain technology.

Decentralized Finance (DeFi) is a word that refers to a variety of financial services that use smart contracts and are supplied on a blockchain.

DeFi’s financial services cover a wide range of areas, including loans, insurance, exchanges, hedge funds, derivatives, prediction markets, and so on. In addition, unlike a centralized system where a middleman is required, it has the advantage of being a quick and secure manner of conducting business. This significant distinction between traditional financial systems has piqued interest in recent years.

The following currency pairings are available for trading with Eternal Wallet.
- TTT/USDT
- TTT/VND
- TTT/PHP
- TTT/BTC
The above transactions will take place on a CEX (Centralized Exchange), not a DEX (Decentralized Exchange) (Centralized Exchange).

Eternal Wallet

Sending and receiving multiple currencies amongst Eternal Wallet users takes less than 2 seconds and costs less than 5 cents (USD). Users will receive 50% of all fees incurred during transactions within Eternal Wallet (excluding exchange and withdrawal fees) dependent on how much TTT they have in their wallet.

When conducting currency exchange, Eternal Wallet allows for the maximum received amount; nevertheless, in order to make the world’s most economical currency exchange possible, users who will lend out TTT into The Pool are required.

Users who lend out TTT to The Pool will be entitled to get a portion of the commission fees paid by currency exchange users. (Received fees will vary depending on The Pool’s foreign currency balance)

An AMM will run the system, which will use blockchain to prevent any wrongdoing. Furthermore, interest rates do not alter based on how much money users lend out; rather, the TTT is repaid in order from the earliest lenders to the most recent consumers.

Furthermore, interest rates do not alter based on how much money users lend out; rather, the TTT is repaid in order from the earliest lenders to the most recent consumers. TTT financing can be canceled at any moment if it has not yet been finalized, and there are no cancellation fees.

Price Movement – The Transfer Token (TTT)

At the time of writing TTT is being traded at the price of $5.52. The price has increased by almost 10% in the past 24 hours. There are 2B tokens and only 5% are in circulation.
January 7, 2022
BOBA NETWORK (BOBA) – Where will it move Now?

The total supply of BOBA is roughly 500 million, with less than half of it, or 158 million, now in circulation as according to the coin market cap. It is ranked 235th in terms of market capitalization, with a market share of near-zero

BOBA is currently trading at $2.86 per coin, the price has nearly increased by 8% in a single day. Today’s high and low are $2.89 and $2.55, respectively. On the other hand, the daily trade volume has climbed by over 4%. BOBA hit its all-time high in November 2021, with a price of around $6.90. During the downturn, the price plummeted to roughly $2.54 in the month of December 2021. The price began to reverse, but, like many other coins, the reversal has been quite weak. The price is making lower highs and lower lows in general. In January, we observed an almost 1.98% decrease in the price of BOBA

Technical Analysis – BOBA NETWORK (BOBA)

Gaps can be the reason for the price to move in a certain direction. We can see that BOBA has a gap in the price that lies above the current value. This can drive the price upwards. This gap to date hasn’t been filled.

When the price fell down from this level, it tried to rise up again but it was in vain as it fell down again. The price fell down and created a double bottom.

Now both of these are confluences which can drive the price upwards. From here a possible long can be taken depending on the lower time frame confirmations. If we find the price to be bullish we can take an entry in the price with the final target as the gap that resides above.

Price Prediction – BOBA NETWORK (BOBA)

BOBA is a good investment and is going to provide great returns. Wallet investor considers BOBA to be a good investment as well. But according to them, in a year the price is expected to reach a value of $0.35. In five years the price is expected to reach a value of $2.880. In one year, the price is expected to decrease but the long-term hold is quite profitable according to them. Just like them, traders are also quite bullish on the price movement and think that it would hold much more value in the near future.

January 7, 2022
Decentraland (MANA) – On to hew Heights?

MANA is ranked 30th in terms of market capital on coinmarketcap, with a market dominance of 0.02 percent. MANA is currently being traded at $3.24 at the time of writing. In the last 24 hours, the price of the coin has risen by about 14%. The day’s high and low points are about $3.43 and $2.82. On the other hand, the daily trade volume jumped by about 218.17 percent in a single day.

This new pump came after the news that Samsung joined Decentraland in their metaverse. Before the fall, MANA had reached an all-time high of roughly $1.67 in April 2021. During the drop, MANA formed a bottom and fell to $0.37 in June. The coin displayed reversal, just like many other coins, and soon it was trading above the old all-time high. This month we have seen a decrease of about 3%.

MANA has a total supply of roughly 2.19B tokens, with around 1.82B in circulation. MANA can be purchased on a variety of exchanges, including KuCoin, Binance, and FTX.

Technical Analysis – Decentraland (MANA)

MANA since the news about Samsung had been pumping hard. Before this news, the price had been in consolidation and been ranging. The price before had failed to create a higher high and soon broke the structure.

During this break of structure, the price failed to sustain the value. The price had left an order block in this zone that hasn’t been mitigated to date. Now if we see the chart, we will notice that there is no visible reason for the price to go down now. The price has had a bounce from the zone and the level has been respected many times showing that the support is strong. Now we can expect the price to move towards the higher high and higher low and mitigate the order block that lies above.

Price Prediction – Decentraland (MANA)

MANA has been one of the market’s most optimistic cryptocurrencies. As a part of Metaverse Projects, it is highly bullish. MANA is predicted to reach $5.680 in one year, according to Walletinvestor. It is predicted to reach $15.232 in five years. This suggests that MANA has a lot of potentials and can generate a lot of money, Traders believe it won’t be long before it achieves new all-time highs and trades above its old-time high.

January 7, 2022
Hex (HEX) – Where can the Price Go Now?

As the blockchain analog of the Certificate of Deposit used in traditional financial markets, HEX is supposed to be a store of value to replace it. On the Ethereum network, HEX is based on the ERC network. HEX is also built to take advantage of the Ethereum network’s burgeoning DeFi (Decentralized Finance) ecosystem in cryptocurrencies.

The project allows the users to stake their coins and in return, new HEX coins are minted and provided to them. It includes measures that stimulate price appreciation and disincentives price damage. Stakers who cease their stake early are penalized by the HEX smart contract, while those who stake higher amounts of HEX for longer durations are rewarded.

Price Movement

HEX is now trading at $0.2256, up over 6% in the previous 24 hours, during the writing of this article.

Within this time frame, the lowest value was near $0.2117 and the highest was around $0.2292. According to the coin market cap that provided the recent data, the coin is at 201st place and is on many traders’ watchlists. It is currently one of the top gainers among the top 200 coins.

HEX approached its new All-Time High around the price of $0.5323 during the month of September. It was a quick upward surge, but the price has slowly retraced back to a lower level. Today’s trading volume, on the other hand, has risen by over 21.64 percent.

The top exchanges for trading the coin are currently HitBTC, Bitget, Uniswap.

Technical Analysis – Hex

The coin is at a very decisive point from where its future movement can decide the trend of the market. If the price can stabilize itself here, we can look for a higher high and higher low. If it fails we can look for a mitigation of the order block that lies below.

The order block has remained untapped to date and the price movement of the next few days can decide whether it taps there or not. If it goes there, we can look for a possible long.

Price Prediction – Hex (HEX)

Walletinvestor thinks that HEX is a good investment. According to them, the one-year projection puts the coin at two times the current price. In one year, the price is expected to reach a value of $0.530. But the five-year projection puts HEX at a value of $1.795.

January 7, 2022
Counos X (CCXX) – What Is the Project About
Counos X (CCXX), which was launched on June 1, 2019, by a Swiss team, was created to make payments and clear purchase invoices easier, with a focus on fiat money exchange. While the value is purely dependent on market sentiments, efforts are made to keep the value from fluctuating excessively.

Based on the currently published roadmap, CCX has the following ideas in mind.
- Certification System
- Counos Omni Layer (Issue Token)
- Decentralized Finance (DeFi)
- Copyright System
- Election System
Any user having a Counos Platform SSO account can use the staking system to store their Counos (CCXX) Coin or Counos X and receive a return based on their chosen plan’s due date:
- Simple requirements to start staking
- 3-month to annual plans to hold cryptocurrencies and earn money.
- Full access to the account balance, as well as the ability to withdraw funds before the due date
Price Movement – Counos X

The price of CCXX is about $71.71 at the time of writing, up 80 percent in a single day and while the rest of the market is floundering. It is currently one of the top gainers. Today, the volume has climbed by over 83 percent. The additional volume is estimated to be roughly $1.9 million.

During this time, the low point was around $39.13 and the high point was around $73.65. According to the most recent data released by the coin market cap, the currency has risen to number 209, indicating that it is on many traders’ watchlists.

CCXX reached a near-all-time high in December, hovering around $179. The CCXX coin has a very small supply of roughly 21 million coins. Around 85 percent have been distributed in the market, according to coinmarketcap. As a result of this small supply, CCXX has become gained a huge price with just a small market cap as compared to other coins.

Price Prediction – Counos X (CCXX)

CCXX has been one of the market’s most pessimistic coins. Despite the fact that the price of CCXX has risen dramatically in just a few months. CCXX is expected to reach a value of $6.051 in a year, according to wallet investor. When compared to the current price of the coin, this is a significant decrease. However, traders are enthusiastic about the price movement and believe it will be worth much more in the future.
January 7, 2022
What is Ren (REN) – Interoperability

When compared to other financial platforms, De-Fi platforms offer a lot more functionality. It’s not always clear whether you may use your assets in defi to perform operations like yield farming. It’s the reality that most blockchains don’t link to each other, resulting in a significant communication gap. This gap can be filled, allowing the blockchains to communicate with one another. Interoperability between blockchains is referred to as blockchain interoperability. This allows you to use the money on many blockchains, including BTC and defi functionalities. REN is one such protocol that allows for blockchain interoperability.

How Does Ren (REN) Work?

The native token is converted to an Eth counterpart that may subsequently be utilized on DeFi by REN. Users can use any native token and a blockchain with smart contracting to achieve interoperability in this way. BTC, for example, can be processed and minted by REN to produce renBTC, which has the same value (ratio) as BTC and can be used on the target blockchain.

The REN coin is used to keep the ecosystem stable and operational. The cryptocurrency is used to allow Darknodes to function. The nodes are kept in the dark and don’t know what information they’re processing, thus setting up and running a node is difficult. To avoid the usage of rogue nodes, 100,000 REN tokens are necessary to run. The REN network employs a certain quantity of REN to allow the formation of DarkNodes, similar to how PoW (Proof of Work) and PoS (Proof of Stake) work to control the generation of blocks using computational power and staking.

Price Movement – Ren (REN)

The coin hit an all-time high in April, when it hit a price of about $1.84, before plummeting to a price of nearly $0.0151, losing 95 percent of its value. REN is currently trading at $0.5898, down 6 percent in the previous 24 hours, at the time of writing this article. At the start of Q4 2021, there was a good pump. Since the reversal, the price has risen dramatically and provided fantastic gains. The volume has decreased by 23.02 percent in the last 24 hours.

On the monthly time frame, we have seen an increase of about 11% this month and we can see that the coin has created a double top on the monthly time frame.

REN is listed on the coin market cap at the 136th number. It has a market dominance of about 0.03%.

January 6, 2022
BakerySwap (BAKE) – The new DEX

People used to begin transactions themselves before the advent of digital order books. As there was the possibility of market manipulation, this resulted in human errors and manipulation. Then came the automated system, which reduced human-related concerns. When blockchain was first introduced, developers began integrating AMM technology into the blockchain network. Liquidity pools are accessible in AMM, and they include both assets on a trading pair. Other platform users supply liquidity, and in exchange, they receive rewards based on the quantity they provide and the network they use. BakerySwap (BAKE) is a DEX (decentralized exchange) that has implemented AMM.

BakerySwap is a DEX that works with AMM. It is built on the Binance Smart Chain platform. Users can utilize BakerySwap to provide liquidity to various trading pairings in pools. Users that give more liquidity receive a higher reward based on the amount they have provided.

What are Decentralized Autonomous Organizations (DAO)

DAOs are open-source networks managed by computer programs created by some of their members without the intervention of central leadership. They are entirely run by their members, and there is no single leader. DAO is exemplified by BakerySwap (BAKE).

The Native Token – BakerySwap (BAKE)

Bake token is the native token of the BakerySwap ecosystem. The holders can vote on governance and get transaction fees, which is the major benefit of the token.

Bake is currently priced at $1.20, representing a 3 percent increase over the previous month’s pricing and a 13 percent increase overall. The volume has increased by 48% in the last 24 hours. Bake’s ATH was created in the month of May 2021, with a price of $8.487. Bake’s lowest price ever was $0.998 in December 2021. BAKE is listed on a coin market cap on the 200th spot and has a market dominance of about 0.01%.

Price Prediction – BakerySwap (BAKE)

Bakery has a bright future ahead of it in the long run. Once the market rebounds from its present trend, traders expect the price to soar and break its All-Time High. According to Walletinvestor BakerySwap (BAKE) is a really good investment and soon people who take entries would be in profit. According to them, the price is expected to reach a value of $1.970 in one year. In five years the price of BAKE is expected to reach around $5.324.

January 6, 2022
CARTESI (CTSI) – Where will it move Now?

The total supply of CTSI is roughly 1 billion, with less than half of it, or 489 million, now in circulation according to the coin market cap. It is ranked 166th in terms of market capitalization, with a market share of 0.02 percent.

CTSI is currently trading at $0.7377 per share, up nearly 2.38 percent in the previous 24 hours. Today’s high and low are $0.753 and $0.7084, respectively. On the other hand, the daily trade volume has climbed by over 48.57%. CTSI hit its all-time high in May 2021, with a price of around $1.750. During the downturn, the price plummeted to roughly $0.3114 in the month of June 2021. The price began to reverse, but, like many other coins, it quickly reached near its all-time high. The price is making greater highs and lower lows in general. In January, we observed an almost 37% gain in the price of CTSI

Technical Analysis – CARTESI

CTSI had been creating higher highs and higher lows at one point. The price was clearly in the uptrend and continued to print green candles. The price shot upwards and with a big wick, it failed to create another higher point and slowly started to decline. The price stayed in consolidation for a few days and created a supply zone but it eventually broke downwards.

After the supply zone broke, the price went to decline again and we saw a steady decrease in the price. The candles became smaller and smaller to the point it became quite evident that the bears were losing steam. The price showed a reversal in the structure and we saw that the price went on o create a higher high and higher low. As a result, we can see that CTSI is bullish. The first target is the supply zone from where we can expect a reaction.

Price Prediction – CARTESI (CTSI)

CTSI is a good investment and is going to provide great returns. Wallet investor considers CTSI to be a good investment as well. According to them, in a year the price is expected to reach a value of $1.359. In five years the price is expected to reach a value of $3.993. Traders on the other hand are very bullish on the price and think that it wouldn’t be long before CTSI moves up to create a new ATH.

January 6, 2022