Monat: Januar 2022

Veröffentlicht am

Market highlights January 20: Cardano keeps sliding, gold and silver related stocks soar

The crypto market is more or less flat today, with most top 10 cryptos having registered gains or losses of less than 1%.

As inflation continues to rise in the US and other parts of the world, demand for precious metals is increasing. Over the past 24 hours, many stocks relating to gold and silver made notable gains.

Examples are Harmony Gold Mining (+16%), Gold Fields (+12.8%), AngloGold (+12.2), and Pan American Silver (+9.5%).

US markets fell yesterday as Germany’s 10-year treasury bond yield turned positive for the first time since May 2019. 

Top cryptos

Cardano continues to slide after posting weekly gains of more than 30%, losing around 3% over the past 24 hours. BNB rose almost 2%, Terra by more than 3%. Bitcoin was trading just under $42,000 at time of writing.

Cosmos is a notable standout in the top 20, up 7.33% in the last 24 hours.

Top movers

FTX Token, the native token of crypto exchange FTX, surged 9% today. Stacks lost 10%, reversing yesterday’s spectacular gains.

The majority of remaining top 100 coins moved in the range of +/- 1-3%.

Trending

The biggest gainer is gaming-based passive income generating cryptocurrency NinjaFloki, the value of which rose by 650% today.

Moonbeam, which Binance recently listed, is skyrocketing, having added almost 25% to its value in the last 24 hours. 

Baby Doge Coin is emerging as a dog-themed meme coin with staying power. It has been gaining over the past week and today is no exception with an increase of 9%. 

The price of REN, the token of REN Protocol, has been rising after an announcement that it has been listed on eToro yesterday. The same goes for Fetch.ai, which eToro also listed. Fetch.ai’s native token FET has gained 9% in the last 24 h.

 

The post Market highlights January 20: Cardano keeps sliding, gold and silver related stocks soar appeared first on Coin Journal.

Veröffentlicht am

Top places to buy MXC, about to break $0.01 per token after exponential growth

The live MXC price today is $0.099 with a 24-hour trading volume of $91.6 million. MXC is up 5.04% in the last 24 hours. This short article will explain everything about MXC: what it is, whether it’s worthwhile as an investment and, of course, the top places to buy MXC if you choose to.

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 web3.0 infrastructure designed to bridge the gap between the metaverse and the real world. Its network runs on a Proof-of-Participation (PoP) mechanism with supernodes, providing scalability and free open networks.

MXC is used to supply devices for the free open wireless network, run supernodes on the network via staking tokens, NFT management, to mine from the LPWAN and satellite networks, and more.

MXC is also used to carry out governance votes to determine network resource allocation. MXC launched on August 2018 with 2.6 billion MXC tokens created at genesis. 

There is no inflation because all the tokens are mined from this 2.6 billion. MXC will be burned once more services are used.

Should I buy MXC today?

MXC can be a profitable investment, but don’t make any investment before conducting careful market research and weighing its pros and cons.   

MXC price prediction

Wallet Investor predicts a long-term increase in the price. In January 2027, they forecast it will trade for $0.211. A 5-year investment will generate revenue of around +111%. A $100 investment made now might reach $211 in 2027.

MXC on social media

The post Top places to buy MXC, about to break $0.01 per token after exponential growth appeared first on Coin Journal.