Monat: Januar 2022

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Kava is skyrocketing, up 10% in 24 hours: top places to buy Kava now

Kava is a cross-chain DeFi lending platform that allows users to borrow USDX stablecoins and deposit a variety of cryptocurrencies to begin earning a yield. Kava is up 10.22% in the last 24 hours. If you want to know what Kava is, is it a good long term investment, and the best places to buy Kava now, look no farther than this guide.  

Top places to buy Kava now

Binance

Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.

Buy KAVA with Binance today

What is Kava?

The Kava DeFi hub operates like a decentralized bank for digital assets, allowing users to access a range of decentralized financial services, including its native USD-pegged stablecoin USDX, as well as synthetics and derivatives. Through Kava, users are able to borrow USDX tokens by depositing collateral, effectively leveraging their exposure to crypto assets.

Built on the Cosmos blockchain, Kava makes use of a collateralized debt position (CDP) system to ensure stablecoin loans are always sufficiently collateralized. If a borrower fails to maintain their collateral above a required threshold, the Kava liquidator module will seize collateral from failing CDPs and send it to the auction module for sale.

In addition to Kava’s USDX stablecoin, the Kava blockchain also includes the native KAVA token. This is a utility token used for voting on governance proposals and also functions as a reserve currency for when the system is undercollateralized.  

Should I buy Kava today?

Before investing in Kava, read analysts’ opinions and market predictions and do in-depth market research. Never invest more than you can afford to lose and take investment advice with a grain of salt.   

Kava price prediction

According to TradingBeasts, Kava is a poor investment. They predict Kava will drop from its current price of $4.82 to $3.53 by the end of 2023.

Kava on social media

 

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You can now buy RavenCoin, the token that gained 10% in 24 hours: here’s where

RavenCoin has been registered impressive gains over the past weeks. The 83rd biggest coin by market cap is trading for $0.13 today with a 24-hour trading volume of $482 million. It has gained 9.82% in the last 24 hours. Its price surged yesterday on occasion of its 4-year anniversary. If you want to know more details about RavenCoin, including where to buy RavenCoin, you’ve come to the right place.  

Top places to buy RavenCoin now

CAPEX

CAPEX.com is an awarded fintech brand, globally recognized for a strong presence in shaping the future of trading. The company focuses on making the markets more accessible & transforming the way people trade online.

Buy RVN with CAPEX today

Plus500

Plus500 is a leading provider of Contracts for Difference (CFDs), delivering Leveraged trading on +2,000 financial instruments, including Forex, Commodities, Indices, Shares, Options and Cryptocurrencies. CySEC license number (#250/14)

Buy RVN with Plus500 today

What is RavenCoin?

Ravencoin is a digital peer-to-peer (P2P) network that aims to implement a use case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another. Built on a fork of the Bitcoin code, Ravencoin was announced on Oct. 31, 2017 and released binaries for mining on Jan. 3, 2018 with what is called a fair launch: no pre-mine, ICO or masternodes. It was named in reference to the TV show Game of Thrones.  

Should I buy RavenCoin today?

Take the time to read price predictions before you invest in any cryptocurrency because they can be very volatile and unpredictable. Don’t be over-reliant on them either; they’re best supplemented by thorough market analysis.  

RavenCoin price prediction

Wallet Investor predicts a long-term increase – to $0.46 in 5 years. A 5-year investment will generate revenue of around 253%. A $100 investment now could reach $353 in 2027.

RavenCoin on social media

 

The post You can now buy RavenCoin, the token that gained 10% in 24 hours: here’s where appeared first on Coin Journal.

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Best football club fan tokens to buy by market cap

The crypto market has typically attracted a lot of new innovations. But there are also some tokens that are simply launched for that feel-good factor and not really based on any intrinsic value. Football tokens are in that category. They are basically designed to be part of the loyalty and passionate fanbase we know in football. Nonetheless, here are some facts about football tokens:

  • Football fan tokens don’t typically have a lot of underlying value and are simply loyalty assets targeting fans.

  • Some football clubs are also adding the sale of NFT collectibles in addition to the fan tokens as well.

  • These tokens also benefit a lot from the visibility and the name recognition associated with these clubs.

Well, in case you are thinking of grabbing yourself some fan tokens, here are a few options to consider by market cap:

Paris Saint Germain Fan Token (PSG)

The Paris Saint-Germain Fan Token (PSG) is a fan token for the supporters of one of the biggest clubs in France. The coin is available for trading in all major exchanges around the world. 

Data Source: Tradingview.com 

At the time of writing, it was selling at around $15.23 with a market cap of $48 million. It is also the largest fan token by market cap right now but still falls way low in the overall crypto market, ranking 622.

S.S. Lazio Fan Token (LAZIO)

Lazio is one of two big clubs based in the Italian capital of Rome. Its fan token is surprisingly valuable, seeing that the club is not really one of the biggest in the world. Nonetheless, the S.S Lazio Fan Token (LAZIO) is currently trading at around $4.57, down 13% over the last 7 days. The coin has a market cap of around $40 million. 

You don’t have to be a fan of these clubs to buy these tokens. But since they don’t have a lot of intrinsic value, they can be highly risky.

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The best ZK-Rollup altcoins to buy today

Finding the perfect scalability solution for Ethereum has always been a huge challenge. But over the last year, the use of ZK-Rollups has generated quite some buzz. In fact, at some pointed ZK-Rollups were touted as perhaps the best scalability solution for Ethereum and have already been adopted by several protocols. So, what this is all about, and how can you invest in these technologies? First, some highlights:

  • Zero-Knowledge Rollups (ZK-Rollups) are a series of smart contracts that use off-chain computations before submitting them back on-chain for validation.

  • The smart contracts simply bundle a huge number of transactions into one and compute them in large chunks.

  • Several protocols have already adopted ZK-Rollups, including Loopring (LRC) which surged to all-time highs after.

Data Source: Tradingview.com 

It is obvious now that ZK-Rollups are going to be huge and as such, we wanted to give you a list of altcoins you can invest in below to take advantage of this technology:

The Mir Protocol (MIR)

The Mir Protocol (MIR) is a scaling solution for Ethereum designed to use ZK-roll ups. In fact, the project is in the process of developing additional ZK roll up solutions. Just last month, MIR was acquired by Polygon (MATIC) in a deal valued at around $400 million. 

Polygon is already one of the cheapest chains in the market. The fact that it is going after a ZK-rollup project suggests that this could be a hot industry in the future.

zkSync Coin

zkSync is an upcoming ZK-roll-up project being developed by Matter Labs. The plan is to issue a native ERC 20 token once the project is fully operational. 

The platform has already received up to $50 million in series B funding. Although we don’t have any dates as to when the token will be available, keep an eye on this in 2022.

The post The best ZK-Rollup altcoins to buy today appeared first on Coin Journal.

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The best cross-chain DEX tokens to buy today

Decentralised exchanges or DEXs have become quite popular in the crypto space partly because of the security and privacy that they offer. However, cross-chain DEXs in particular are quite incredible. After all, they allow investors to swap crypto assets across various blockchains without incurring high gas fees. Here is why these exchanges are important:

  • DEXs offer permissionless and non-custodial transactions, something that makes them more secure and private.

  • These exchanges are also highly scalable and could conceivably become as dominant as centralised exchanges in the future.

  • The biggest challenge with DEXs is maintaining high liquidity by cross-chain platforms can solve this.

In case you believe in cross-chain DEXs and the future they have, there are two tokens you should check out and buy if you can. Here they are:

1Sol (1SOL)

1Sol (1SOL) is a DEX aggregator that works across chains to find and bring available liquidity in one single place. It is the native DEX aggregator for Solana and is designed to help reduce gas fees, slippage, and enhance speeds in transactions. 

Data Source: Tradingview.com 

The protocol also hopes to address the demand for DEX aggregators on Solana. The native governance token for this platform is called 1SOL. At the time of writing, the token was trading at $1.06. 1SOL also has a fully diluted market cap of around$105 million with a lot of upside growth potential.

SolanaX (SOLD)

SolanaX (SOLD) is a cross-chain automated market maker protocol designed to facilitate fast crypto swaps in a fully permissionless and decentralised manner. The platform is built on Solana but also has cross-chain interoperability with Ethereum. This makes it a versatile DEX with enhanced liquidity, low trading fees, and faster transaction speeds. 

SolanaX also wants to create a comprehensive ecosystem of DeFi apps, including a fully decentralised auction protocol, the SolanaX prediction market, and others. At the time of writing, its native token SOLD was selling for $0.1061.

The post The best cross-chain DEX tokens to buy today appeared first on Coin Journal.