Monat: Januar 2022

Tectonic is a decentralized money market protocol that allows users to participate as liquidity suppliers or borrowers. It started rallying after a Crypto.com listing at the beginning of this month.

It is also a big gainer today, having added 29% to its value in 24 h. Look no farther than this short, but informative article to find out where the best places to buy Tectonic now are.   

Top places to buy Tectonic now

What is Tectonic?

Tectonic is a protocol, within which suppliers provide liquidity to the market to earn a passive income, while borrowers are able to borrow liquidity in an over-collateralized fashion.

Tectonic’s protocol design and architecture references Compound, a proven and audited protocol. It is complemented with an attractive incentive program powered by $TONIC, the native token of Tectonic protocol.

In summary, Tectonic protocol aims to provide secure and seamless cryptocurrencies money market functionalities, enabling multiple use cases for its users.

Hodlers can generate additional returns from interest by supplying assets to the protocol without having to actively manage their assets.

Traders can borrow certain cryptocurrencies to capitalize their short-term trading view or yield maximizing opportunities.

Users can obtain access to other cryptocurrencies for multiple purposes without having to liquidate their original assets.

Should I buy Tectonic today?

Before you commit to an investment, take the time to read at least several price predictions and study the market. The amount you invest depends on your risk tolerance.    

Tectonic price prediction

Tech News Leader predicts Tectonic can reach $0.00000150 in one year, which is more than double its current price. It will be worth $0.00000421 in 5 years and $0.00002595 in 10.   

Tectonic on social media

1 week Tectonic post-launch update:

🔥Total Supply: $500m
🚀Total Borrow: $314m
🪐Biggest Money Market on @cronos_chain

Insane numbers in just under a week. What a way to end 2021, thank you Tectonians 🌋 pic.twitter.com/GCJmrYLCn2

— Tectonic (@TectonicFi) December 29, 2021

The post You can now buy Tectonic, which is shaking market foundations: here’s where appeared first on Coin Journal.

Frax Share (FXS) is the native token of Frax Protocol, the first fractional-algorithmic stablecoin system in history. It is performing splendidly, up 24% today alone.

If you want to know more details about Frax Share, if it’s worth investing in, and the top places to buy it now, you’ve come to the right place.

Top places to buy Frax Share now

As FXS is such a new asset, it’s yet to be listed on major exchanges. You can still purchase FXS using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy FXS right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‚connect‘ your wallet to it.

4. You can now swap your ETH for FXS

Now that you’re connected, you’ll be able to swap for 100s of coins including FXS.

What is Frax Share?

Frax is open-source, permissionless, and entirely on-chain, currently implemented on Ethereum. The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC.

The protocol incorporates the concept of fractional algorithm. Frax is a unique stablecoin with parts of its supply backed by collateral and parts of the supply algorithmic.

The ratio of collateralized and algorithmic depends on the market’s pricing of the FRAX stablecoin.

If FRAX is trading at above $1, the protocol decreases the collateral ratio. If FRAX is trading at under $1, the protocol increases the collateral ratio.

It is community governed and emphasizes a highly autonomous, algorithmic approach with no active management.

Should I buy Frax Share today?

Frax Share can be a lucrative investment, but it’s important to read at least several price predictions and take all investment advice with a grain of salt.   

Frax Share price prediction

Price Prediction forecasts the price of Frax Share will be at least $35 in 2023. The Frax Share price can reach a maximum level of $43.24 with the average price of $35.90 throughout 2023.

In 2024, they predict the price of Frax Share will be at a minimum of $49.23. It can go up to as much as $60.63. The next year, 1 FXS will trade for at least $70.00.  

Frax Share on social media

Small #Crypto (by mkt cap)#NEM $0.12(⇑2.5%)#Pax Dollar $1.0(⇑0.13%)#Frax Share $29.91(⇑2.6%)#Compound $174.94(⇑1.04%)#Huobi BTC $43255.63(⇑2.08%)#Gatechain $7.15(⇑1.14%)#SafeMoon V $0.0(⇓1.24%)https://t.co/vl4PEew7Gt

— Raj Agrawal (@Agrawal_Raj) January 20, 2022

The post Frax Share added 24% to its value in 24 hours: top places to buy Frax Share now appeared first on Coin Journal.

The live MXC price today is $0.09 with a 24-hour trading volume of $34,789,429 USD. We update our MXC to USD price in real-time. MXC is up 25.65% in the last 24 hours. If you are attracted to unique features and want to learn how and where to buy MXC, this guide is for you.

Top places to buy MXC now

As MXC is such a new asset, it’s yet to be listed on major exchanges. You can still purchase MXC using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy MXC right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‚connect‘ your wallet to it.

4. You can now swap your ETH for MXC

Now that you’re connected, you’ll be able to swap for 100s of coins including MXC.

What is MXC?

MXC is a Web3.0 infrastructure designed to connect the real world and the metaverse. The network runs on a Proof-of-Participation (PoP) mechanism with Supernodes, which offer scalability and free open networks.

MXC is the native utility token used to provision devices for the free open wireless network, run supernodes on the network via staking MXC tokens, NFT management, mine from the LPWAN and Satellite networks, and edge AI services.

It is also used for governance votes to determine how network resources are allocated.

Should I buy MXC today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.

MXC price prediction

Tech News Leader predicts MXC can go up to $0.18 in 1 year, which is twice its current price. It will be worth $0.57 in 5 years and just under $4 in a decade.

MXC on social media

Today’s Top Gainers 🏅$FXS $22.91 +24.36%$MXC $0.089888 +24.11%$PRCH $0.00085331 +14.04%https://t.co/81Omq658NO

💙 if you HODL any one of them#FraxShare #MXC #PowerCash #Crypto #Cryptocurrency #Altcoin #Bitcoin #CryptoNews pic.twitter.com/tG6vGnRTNe

— CoinHippo (@coinhippoHQ) January 28, 2022

The post MXC is skyrocketing, up 26% today: here’s where to buy MXC appeared first on Coin Journal.