Monat: Februar 2022

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Cardano vs Avalanche: Why does AVAX has an edge over ADA in 2022?

Cardano slow development puts it at a disadvantage against AVAX

Key Points:

  • Both Cardano and Avalanche are high-quality platform blockchains

  • Both performed well in the last Bull Run.

  •  Avalanche has a much bigger ecosystem and better prospects for parabolic gains.

Cardano (ADA)

Cardano is a blockchain platform that uses peer-reviewed research and evidence-based methods to provide unparalleled security, sustainability for decentralized applications & systems. It does this by combining pioneering technologies with one goal in mind – To give power back from structures like banks or governments which have been taking it away from people all these years!

Avalanche (AVAX)

The Avalanche protocol is a new approach to smart contracts and blockchain that offers strong safety guarantees, quick finality of transactions with high throughput without compromising decentralization. The platform enables developers who want their decentralized application or enterprise deployment up quickly on one interoperable network to seamlessly scale across multiple blockchains using just one open-source system – giving them greater flexibility than current solutions allow while still achieving rapid growth rates unlike anything else out there!

Which one is a better buy?

Both Cardano and Avalanche are among the best platform blockchains in the market today. In fact, they are among the few likely to give Ethereum a run for its money in coming years. As this happens, both of them could give investors exponential gains not just in 2022 but for years to come.

However, Avalanche seems to have an edge so far. In the 2021 cryptocurrency Bull Run, Avalanche rallied by thousands of percentages, easily dwarfing any gains made by Cardano.

The same scenario is likely to repeat in 2022. While Cardano is a great project, its development has been a little slow and dragged on for years. Comparatively, Avalanche has grown pretty fast over the last year, and now has a huge Dapps ecosystem building on top of it.

For the reputation it has built so far, Avalanche stands to draw in even more Dapps developers in 2022. This is a factor that could drive up demand for AVAX tokens in 2022. Once bulls gain full control of the market, AVAX could easily go parabolic again in 2022.

Want to learn how to safely invest in AVAX? Check out our comprehensive AVAX buying guide here or purchase from our recommended platform below!

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The post Cardano vs Avalanche: Why does AVAX has an edge over ADA in 2022? appeared first on Coin Journal.

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The best altcoins to short-sell after February rally in the crypto market

After seeing some selling pressure at the start of the year, the crypto market has rebounded sharply this month. While this is a good sign the market is headed in the right direction, it also presents a good opportunity for short sellers to get in. Here is what you need to know:

  • As most coins surge, they are now primed for a pullback, giving short-sellers the chance to earn in the process.

  • Besides, there are still some weaknesses in this recovery and as such, it won’t be a surprise if we retreat slightly.

  • But before you short sell, understand that you will be exposing yourself to unlimited risk.

In case you are looking for some decent crypto assets to short sell, the following is a simple list to consider:

Ethereum (ETH)

Ethereum (ETH) is one of the main coins in the market only second to Bitcoin. After the January decline, ETH has added nearly 20% in value over the last 7 days and has crossed over the crucial $3000 mark. 

Data Source: Tradingview

But we are starting to see the coin lose much of that momentum. A pullback is well on the cards and as such, short-sellers can find decent entry points and ride the downward wave for some decent profits.

Uniswap (UNI)

Uniswap (UNI) is one of the leading decentralised exchange protocols in the market. The native token UNI has been performing relatively well, surging by a whopping 15% in the last 7 days. 

In most cases, when there is weakness in the main crypto assets like ETH and BTC, smaller coins like UNI tend to fall further. This gives you a decent chance to earn some profits with shorting.

There are also a few other coins you can consider. They include Gala (GALA), Shiba Inu (SHIB), and others. Make sure you use proper capital management though to avoid serious risk.

The post The best altcoins to short-sell after February rally in the crypto market appeared first on Coin Journal.

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These cryptocurrencies will surprise most investors by the end of 2022

The element of surprise in the crypto market is not new. The fact that these markets are highly volatile means that we are always getting new developments every day. Its also quite difficult to predict the crypto market. However, there are some coins we think will be a huge surprise based on how they perform. Here is why:

  • These coins already have a history of unusual price actions and have often moved against trends before.

  • We also think that the tokens are relatively underrated or misunderstood by the market.

  • Most of these end-of-year surprises will be either pleasant or unpleasant, but not many people will see them coming.

If this sounds interesting to you, here are the top coins that will surprise us by the end of 2022 and why.

The Sandbox (SAND)

As one of the leading metaverse-related tokens right now, there has been a lot of talks that Sandbox (SAND) will surge to incredible heights in 2022. We in fact saw some institutional capital going towards it. 

Data Source: Tradingview

But SAND is facing massive downside risks, especially with increased competition in the metaverse space. It may not deliver the skyrocketing returns most people are pegging it to.

Dogelon Mars (ELON)

The general appetite towards meme coins right now has slowed. We have seen some demand over the last few days but if broader sentiment in the market drops, meme coins will be the first to take the hit. 

It is therefore understandable that a lot of investors are trying to minimize exposure to meme coins like Dogelon Mars (ELON). However, expect meme coins and ELON, in particular, to surge massively this year. Yes, we may never be able to see Shiba Inu-style growth levels. But ELON appears to have enough potential to grow further in the future.

The post These cryptocurrencies will surprise most investors by the end of 2022 appeared first on Coin Journal.

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Luntivo Finance announces Limited coin offering – Should you buy?

Luntivo Finance has announced that it is launching a limited-time coin offering that will run from February 8 to March 28th. The plan is to make its native governance token available to early-bird investors. But should you consider this new project? Here is what we know thus far:

  • Luntivo Finance is an innovative decentralised exchange that has more features than a traditional DEX.

  • It is hoping to use the limited coin offering to bring widespread adoption of its LTVN token.

  • Luntivo Finance is the first DEX on Terra, one of the fastest-growing blockchains in the world today.

Data Source: Tradingview.com 

Luntivo Finance (LTVN) – Is it a good buy?

We cannot do any price analysis now since this is a token in pre-sale. But one thing LVTN has going in its favour is the fact that it’s new. As with most crypto assets, getting early is always a great thing. 

But not all early-bird investors get to make money. In fact, Luntivo Finance is a DEX. Yes, it offers additional features like secured asset funds for specialized tokens. But it’s still a DEX and there are plenty of those out there. 

While there is a lot of potentials that Luntivo Finance could in fact grow and earn you a decent return, it will not hit the kind of levels we see with blockchain projects. Despite this, it still remains a coin worth looking at.

What makes Luntivo Finance unique?

Luntivo Finance bills itself as an innovative DEX that is not only limited to crypto exchange. It also offers additional DeFi features as well. Although it is built on the Terra chain, Luntivo Finance uses the Cosmos SDK as part of its development. 

This makes it highly scalable compared to other DEXs out there. The native token LTVN is also now available in select DEXs and will likely come to major exchanges in the near term.

The post Luntivo Finance announces Limited coin offering – Should you buy? appeared first on Coin Journal.

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Robinhood plans to go global ‘crypto first’, says chief brokerage officer

  • Robinhood’s crypto section will be key as the trading platform seeks to venture into the global market.

  • Regulation is one factor Robinhood wants to get right as it moves to go global “crypto first,” chief brokerage officer Steve Quirk noted.

Robinhood Markets Inc is looking to go global, and the easiest route to achieving that is through crypto, the company’s chief brokerage officer Steve Quirk told CNBC in an interview on Wednesday.

In 2021, Robinhood hit household-name status, with the meme craze theme pushed forward by retail investors driving active user numbers and trading volumes. Stocks of GameStop, AMC Entertainment, Blackberry and Virgin Galactic among others skyrocketed, and the company’s retail user numbers shot up.

But a decline in the fortunes of the meme stocks, as the broader markets faced selling pressure, has meant a reduction in retail trading numbers. And according to Quirk, the meme stocks are no longer among the top traded names on the platform.

Currently, Robinhood Crypto lists seven cryptocurrencies in Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin SV (BSV), Litecoin (LTC), Ethereum (ETH), Ethereum Classic (ETC) and meme coin Dogecoin (DOGE).

The platform is exploring other crypto assets, which the chief brokerage officer says is being done in a way that fits regulatory requirements. The platform is also looking to add other features such as wallets, he added.

“We also have aspirations to take this brand global and we would do so crypto first,” he told CNBC’s ‘Squawk Box’.

Asked to explain what he met by “crypto first”, given the presence of Coinbase and other major crypto companies, Quirk noted:

“Well, I think the path for us to go global and have the most traction is through crypto, and maybe follow that with other components of the offering.”

He said that going the crypto way is the easiest avenue for the company to achieve its goal, citing regulatory aspects of the market and “other facets” of the market.

The California-based company saw its monthly active users decline over the fourth quarter, down to 17.3 million from 18.9 million in Q3. Monthly active users peaked above 21.3 million in June 2021.

The trading app is currently only available to US customers, having canceled its UK launch in 2020.

The post Robinhood plans to go global ‘crypto first’, says chief brokerage officer appeared first on Coin Journal.