Monat: Januar 2022

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Top places to buy MXC, which is up 8% and counting

MXC is a web3.0 infrastructure designed to connect the real world and the metaverse. Its token is riding on the coattails of the metaverse. If you want to know more about MXC, including if it would make a good investment and the top places to buy it now, you’re about to find out!  

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?

The MXC network runs using supernodes on a Proof-of-Participation (PoP) mechanism, which ensures scalability and free open networks. The token is used to provision devices for the free open wireless network.

The ecosystem runs supernodes by means of NFT management, staking MXC tokens, and mining from the LPWAN and satellite networks.

MXC is also used for governance votes and Edge AI services. The former will determine allocation of network resources.

Should I buy MXC today?

MXC can definitely be worth investing in, but there’s no guarantee for the right timing. Do market research and analyze its price trajectory before you make any investment decision. Take all price predictions with a grain of salt.   

MXC price prediction

According to Wallet Investor, the price of this token will peak at $0.0862 this year, which makes MXC a rather lackluster short-term investment. They predict it will trade for $0.187 by the end of 2027, which makes it promising as a long-term one.

MXC on social media

 

The post Top places to buy MXC, which is up 8% and counting appeared first on Coin Journal.

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Propy is up 47% in the last 24 hours: here’s where to buy Propy now

The live Propy price today is $3.85 with a 24-hour trading volume of $35.6 million. Propy is up 47% in the last 24 hours. If you are attracted to unique features and want to learn how and where to buy Propy, this guide is for you.

Top places to buy Propy now

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

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

What is Propy?

Propy, a company supported by Silicon Valley leaders and the National Association of Realtors, is revolutionizing the real estate industry by deploying a novel technology.

It was built with the vision to automate the real estate sales process. The Palo Alto-based company is writing new pages in real estate history by introducing the technology to allow entirely online and self-driving real estate transactions on smart contracts.

Propy is automating the process for all participants to make closing faster, easier and more secure. The product helps brokers, agents and title companies migrate to a paperless remote closing.

With Propy, you can receive, counter, reject or accept offers instantly according to their website. You can share offer information with sellers automatically, manage all offers for all listings in one easy to use dashboard, and eliminate the need for multiple systems.

It’s also possible to audit transactions, manage documents and save on compliance costs.

Should I buy Propy 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.

Propy price prediction

Wallet Investor predicts a long-term increase of the price of Propy. The price prognosis for early 2027 is $9.14. A 5-year investment will generate revenue of around +135.12%. A $100 investment in Propy now might reach $235 in 2027.

Propy on social media

The post Propy is up 47% in the last 24 hours: here’s where to buy Propy now appeared first on Coin Journal.

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Top 10 Most Popular Cryptocurrencies in 2022 So Far

The most popular are usually the ones with the highest market cap. Of course, people already know about them, and that’s why they’re in them. This market cap is usually over $10 billion. That’s how much capital investors have pumped into the crypto asset in the market. You can get the market cap by multiplying the unit price of the coin now by its supply in circulation. But this is not a math class. And before I bore you with all the statistical details, let’s dive right into the top 10 most popular cryptocurrencies in 2022.

1. Bitcoin (BTC)

If we’re going by market cap, you can already guess that Bitcoin comes on top of our list. Even besides that, Bitcoin owes a lot of its popularity to the fact that it was the first cryptocurrency. It was created in 2009 by Satoshi Nakamoto as the first money without any central authority. The first fully decentralised system and the first successful application of blockchain technology. Sounds like a superstar to me. And indeed, it is.

A total supply of 21 million has been programmed for circulation, but 18.9 million is now in circulation. Today, one Bitcoin is worth $42,557.00. It has a market cap of $801.7 billion with a trading volume of $29.1 billion. A similar asset to Bitcoin is Litecoin.

2. Ethereum (ETH)

 The second most popular cryptocurrency so far is Ether (ETH). If Bitcoin was the first payment blockchain, Ethereum was the first smart contract network. It was launched in July 2019 to support decentralised applications and smart contracts. Although it runs on a proof-of-work algorithm now, the Eth2 upgrade will feature a proof-of-stake mining model.

 ETH fuels the blockchain asides from serving as a currency. Today, ETH costs $3,301.70 and has a market cap of $394.4 billion. It has an uncapped supply with around 119.2 million ethers in circulation now. It is listed on most exchanges.

3. Binance Coin (BNB)

 The third most popular coin is the native token of the Binance exchange. It was created using the ERC-20 standard. BNB is a utility token for settling trading, listing, exchange, and other fees on the Binance ecosystem.

 BNB was introduced in July 2017 with an ICO that lasted for a month. Out of the 200 million total supply, 31.8 million has been burnt as a deflationary mechanism. BNB costs $483.43 right now. It has a market cap of $80.9 billion.

4. Tether (USDT)

 Tether is the first and one of the most popular stablecoins. It has a market cap of $78.7 billion, with a trading volume of $56.4 billion. In July 2018, it peaked at $1.32. It is worth $1.00 right now.

 It was launched in 2014 as RealCoin and started trading in February 2015. Tether is not highly volatile like most cryptocurrencies as it is pegged to USD. Also, it eliminates transaction costs and makes trade execution fast. It is listed on numerous exchanges.

5. Solana (SOL)

 The „Ethereum Killer“ was developed by Anatoly Yakovenko in 2017 as a fast, scalable, and secure platform. It can support the creation of decentralised applications, NFT marketplaces, DeFi, and the likes. The blockchain operates on proof-of-stake and proof-of-history consensus algorithms. Its native coin (SOL) has a market cap of $46.06 billion.

 SOL reached an ATH of $259.96 in November 2021. Today, it is trading at $146.10 per SOL. 313.5 million sols are in circulation right now. It is used as a governance token to settle transaction costs and staking.

 It is listed on Huobi Global, KuCoin, Coinbase Exchange, and Binance.

6. USD Coin (USDC)

 USD Coin is the second most popular stablecoin after USDT. It was launched in 2018 by CENTRE and is pegged to USD also. Initially, it was an ERC-20 token but is now on Algorand ASA, Solana SPL, and Stellar. It can be traded, held, or used in dApps and DeFi.

 It is worth $1.00 right now, but it peaked at $1.17 in May 2019. It has a market cap of $45.1 billion and a trading volume of $2.7 billion. There are 45.1 billion available in circulation currently. It is on DEXs and CEXs.

7. Cardano (ADA)

 Cardano’s native coin (ADA) is the 7th most popular coin with a market cap of $40.56 billion today. It costs $1.27 now after dropping by 59% from an ATH of $3.09 in September 2021. ADA allows users of the Cardano blockchain to perform transactions and participate in governance on the network. It can also be staked.

 Cardano is the first blockchain to use the Ouroboros consensus algorithm. It was developed in 2017 by Charles Hoskinson and Jeremy Wood. It supports the development of dApps with its ledger and smart contracts. The blockchain has two cores, the settlement and computational layers, which aid its operations.

8. Ripple (XRP)

 Like BTC, XRP was created for settling payments. It is the native token of the XRP Ledger and other services by the Ripple Labs. Unlike most blockchains, validation is somewhat centralised on Ripple. It has a list of nodes where users can validate their transactions.

 XRP is used to run trades on the XRP Ledger. It is worth $0.77 today, with a market cap of $36.9 billion now. It reached an ATH of $3.40 in January 2018. There are 47.6 billion of the pre-mined 100 billion in circulation right now.

9. Polkadot (DOT)

 Polkadot was created in 2016 and launched in May 2020 by Robert Habermeier, Peter Czaban, and Gavin Wood. It boasts of security, scalability, and decentralisation. It operates on a Nominated-Proof-of-Stake (NPoS) consensus mechanism.

 DOT is its native cryptocurrency. It can be traded, staked, and used as a governance token. The price of DOT is $26.28 right now but reached an ATH of $54.98 in November 2021. It has a market cap of $29.4 billion.

10. Terra (LUNA)

Terra is a blockchain that supports the creation of stablecoins. They can be traded and exchanged on the ecosystem or various exchanges. Terraform Labs created it. It runs on Tendermint Delegated-Proof-of-Stake (DPoS) consensus algorithm.

 The ecosystem consists of CHAI, Anchor Protocol, Terra Bridge, and Mirror Protocol. LUNA is its native token for making stablecoins stable. The total supply of LUNA is less than a billion. LUNA costs $80.47 as of today and has a market cap of $28.9 billion.

 If you are looking for stable cryptocurrencies to invest in, these ten coins are your best bet. They have high market caps and more security benefits. However, don’t take my word for it. Make sure to do in-depth research and average your spending before investing in any cryptocurrency.

The post Top 10 Most Popular Cryptocurrencies in 2022 So Far appeared first on Coin Journal.

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The best Ethereum Layer 2 scaling solutions to buy right now

Ethereum (ETH) is the biggest blockchain in the world. However, it faces massive scaling challenges that have made it slower and more expensive to use. Because of this, layer 2 scaling solutions for Ethereum have been created in a bid to enhance efficiency and speed on the Ethereum chain. Although some like Polygon (MATIC) and Loopring (LRC) are quite popular, others are relatively unknown. But why are these solutions important:

  • Layer 2 scaling solutions for Ethereum are designed to address some of the inefficiencies associated with the Ethereum chain.

  • Over the last few years, these solutions have reported incredible growth in their own right.

  • Innovations around scaling for Ethereum are going to become huge as Ethereum expands as the leading blockchain.

Well, if you are thinking of investing in some of these solutions, here are a few relatively unknown projects that you can check out.

Cartesi (CTSI)

Cartesi (CTSI) touts itself as the first Operating System on the blockchain. It is a layer 2 solution designed to help developers take advantage of standard programming languages like Linux inside the blockchain ecosystem. 

Data source: Tradingview.com 

Cartesi (CTSI) offers rich software tools and services to help create innovative and highly scalable smart contracts. At the time of writing, the token was trading at $0.6231 with a market cap of $275 million.

OMG Network (OMG)

OMG Network (OMG) is a layer 2 optimistic roll upscaling solution designed to enhance efficiency and reduce fees for users. The platform enhances smart contract capabilities too and is known to offer users the chance to transfer ETH and ERC20 tokens faster and more efficiently compared to Ethereum. 

OMG Network is one of the most promising layer 2 scaling solutions for the Ethereum chain. At the time of writing, OMG, its native token, was trading at $6.11. The project has a market cap of around $857 million.

The post The best Ethereum Layer 2 scaling solutions to buy right now appeared first on Coin Journal.

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Dusk Network (DUSK) Surges Over 70% In the Last 7 Days – Time to Buy?

Dusk Network (DUSK) has been one of the best crypto performers over the last week or so. The token has seen massive surges and is expected to maintain some of this momentum in the coming days. But is DUSK a worthy buy in the long run? Is this the perfect time to get in? The analysis is below but first some highlights:

  • The Dusk Network (DUSK) has seen gains of nearly 70% over the last 7 days, making it one of the best performers in crypto right now.

  • At the time of reporting, the token was trading at around $1.05, up about 8% in 24 hours

  • DUSK also saw surges in its trading volume, increasing by over 60% in 24 hours.

Data Source: Tradingview

Dusk Network (DUSK) – price prediction and analysis

It’s been a superb 7 days for Dusk Network (DUSK). After falling behind for the most part of January, the token is rebounding sharply, earning nearly 70% in value over the last week. DUSK has also managed to surge past the crucial psychological threshold of $1. 

At the time of writing, the coin was trading at $1.05, up about 8% in intraday trading. DUSK also has a reported market cap of about $404 million. There is therefore quite some potential for it to grow further albeit it is still outside the top 100 cryptos.

Is it a good time to buy Dusk Network (DUSK)?

Dusk Network is a programmable blockchain for confidential securities. It is designed to offer privacy and speed for financial applications, making it a very unique protocol in the DeFi space.

DUSK also has a scalable public infrastructure and offers the highest levels of privacy. With these incredible features, it is expected to be big no doubt. If you have not bought into it already, it’s time to get in albeit the price is quite high at the moment.

The post Dusk Network (DUSK) Surges Over 70% In the Last 7 Days – Time to Buy? appeared first on Coin Journal.