Monat: Februar 2022

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WOO is surging on news of a Binance listing: where to buy WOO before it’s too late

The live WOO Network price today is $0.77 with a 24-hour trading volume of almost $151.5 million. The token has gained 15.77% in the last 24 hours because Binance listed it today. Trading opened at 06:30 UTC. WOO withdrawals will open at 06:30 UTC on February 9.    

If you want to know more about Woo Network, if you should buy it now, and the top places to buy WOO today, you’ve come to the right place.     

Top places to buy WOO now

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

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

What is WOO?

WOO Network is a deep liquidity network connecting traders, exchanges, institutions, and DeFi platforms with democratized access to the best-in-class liquidity and trading execution at lower or zero cost. The token is used in the network’s CeFi and DeFi products for staking and fee discounts.

The WOO ecosystem is comprised of WOO X, a zero-fee trading platform with fully customizable modules for workspace customization, and Wootrade, a gateway for institutional clients to upgrade their order books.

The network deploys WooFi Pools across select DeFi protocols and applications to provide users with enhanced on-chain liquidity and execution. It bridges off-chain tools such as hedging strategies, pricing oracles, and quantitative trading with on-chain liquidity to achieve this.

Should I buy WOO today?

Read at least several price predictions and explore the market before committing to an investment in WOO. Its price trajectory might change in another direction following the much-hyped listing.  

WOO price prediction

Wallet Investor considers WOO a moderately good investment. They predict it will trade for $1.07 in February 2027. This is up just over a third from the current price. If you invest $100 in WOO now, it may be up to $135 in 2027.    

WOO on social media

The post WOO is surging on news of a Binance listing: where to buy WOO before it’s too late appeared first on Coin Journal.

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The best cryptocurrencies to invest in with $1000

There is a lot you can do with $1000. But what if you could put it in a crypto asset and see it grow 10x, 50x, or even 100x. We have seen this happen in the crypto market so many times. But it all comes down to choosing the right coin. Here is a list of important considerations.

  • The coin you buy should be relatively new in the market but with decent underlying fundamentals.

  • But if it’s not new, focus on assets that have recently dipped in their price for a good return.

  • These also need to be tokens that still have lower market caps so there is room for growth.

Well, in case you have $1000 to invest, the following crypto-assets should offer decent returns in the long run.

Dogecoin (DOGE)

One thing we know about meme coins is that they can be wild. Although this makes them risky, it also means that the potential to make decent returns is very high. 

Data Source: Tradingview 

Right now, most meme coins, including DOGE, have bottomed and as such, you can buy the dips and ride the upward recovery. At the time of writing, DOGE was trading at $0.1584.

Hex (HEX)

Hex (HEX) is an ERC20 token designed to act as a store of value for people who want to invest in crypto. During periods of market volatility and uncertainty, these types of coins can be quite invaluable. What makes HEX such a great option is the fact that it has a market cap of around $37 million. This means that it can actually moon in no time.

Osmosis (OSMO)

Osmosis (OSMO) is a peer-to-peer network built on Cosmos. It is designed to allow users to exchange IBC enabled tokens and provide liquidity for on-chain and off-chain transactions. At press time, its native token OSMO was trading at around $9.13 with a market cap of $2.6 billion.

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The best DApps to watch on the Tron Network

The Tron (TRX) network is by far one of the most exciting blockchains in the world right now.  The project hopes to build the infrastructure needed for a truly decentralized internet. In recent years, Tron has also been attracting its fair share on new DApps. Here is why:

  • Tron offers high scalability options that allow new apps to be developed and deployed faster.

  • It also has a more reliable network structure for guaranteed uptime and reliability

  • The network is also partnering with several major names in crypto and in tech as well.

Data Source: Tradingview 

For investors who are keen on investing around the Tron ecosystem, then the following DApps should be a good start:

JustLend

JustLend is a DeFi project designed to offer peer-to-peer lending and borrowing. Built on the Tron ecosystem, the app connects potential borrowers with lenders through a peer-to-peer system. 

It is one of the most notable DeFi apps on Tron and in the world. The app allows users to set their own interest rates, repayment terms, and so much more. It can also let people launch fund drives and campaigns as well.

SunSwap

SunSwap is a decentralised exchange protocol that allows users to swap crypto assets in a non-custodial manner. It is the main exchange platform on Tron, and at the time of writing, it had around $32 million in 24-hour trading volume. SunSwap allows users to connect their crypto wallet directly and buy or sell these assets from peer to peer.

Cukies world

Cukies world is a play-to-earn game that allows users to earn and trade NFTs. It is in fact the only blockchain-based game on the Tron network with over 12,000 NFTs up for grabs. Although the game is fairly recent, it has managed to attract a lot of users in recent weeks. It has the potential to rival such similar games as Axie Infinity and others.

The post The best DApps to watch on the Tron Network appeared first on Coin Journal.

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Nexo (NEXO) climbs as it announces the launch of TerraUSD (UST) on its exchange platform

Nexo (NEXO) has continued its upward climb seen over the last few days. This comes as the platform announced the launch of TerraUSD (UST) on its platform. As details of this new development start to reach a wider audience, it is likely that NEXO will surge even further in the coming days. Here are some highlights:

  • The new launch will allow users to now borrow, lend, or stake UST on the Nexo platform with ease.

  • At press time, NEXO was trading at $2.26, up by around 5% in 24 hours and nearly 15% over the last week.

  • Users will also get to enjoy double yield rewards on UST staking until March 31 with a 20% APR to follow after.

Data Source: Tradingview 

Nexo (NEXO) – Price analysis and prediction

Like many assets in the crypto market, Nexo (NEXO) has been climbing upwards after a torrid start to 2022. At press time, the coin was trading at around $2.26, up by nearly 15% over the last 7 days. 

Since the UST news is just breaking, it’s unlikely that it is baked into the current surge. In fact, once investors start to learn of these new developments, NEXO will surge even further. 

Nonetheless, the coin is still lower than its all-time high of $4. But the upward trajectory we are seeing at the moment could in fact take it towards that threshold.

Is Nexo (NEXO) worth the risk?

Crypto lending is a risky area but despite this, it has actually been growing quite fast over the last few years. There are still many other innovative DeFi projects that are trying to conquer this market. 

Nexo is one of them and so far, it seems like the project is doing a lot behind the scenes to deliver value for investors. For a long-term bet, there is no doubt Nexo is a decent asset.

The post Nexo (NEXO) climbs as it announces the launch of TerraUSD (UST) on its exchange platform appeared first on Coin Journal.

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Zilliqa (ZIL) could teeter in 2022 despite rallying impressively over the last few days

A big portion of the crypto market has shown some decent rallying over the last few days. Zilliqa (ZIL) is not any different. However, even with this short-term bullish momentum, the longer-term outlook for this token looks under par compared to its peers. Here are some highlights:

  • Zilliqa (ZIL) has largely shown immense volatility over the last 12 months and we expect this to continue in 2022.

  • At the time of writing, the token had surged by nearly 11% in 24 hours, trading at $0.05708.

  • ZIL still has a market cap of $705 million so there is still room to climb.

Data Source: Tradingview 

Zilliqa (ZIL) – Price prediction and analysis

Zilliqa (ZIL) has been on a consistent downtrend since November last year. Although we have seen periods where the coin has rallied, the general trend has often been bearish. But we are starting to see some signs that Zilliqa (ZIL) could actually start to pair up some of the losses it has reported at the start of 2022. 

The token has gained over 11% over the last 24 hours and has also seen gains of around 30% last week. It’s highly unlikely though that ZIL will reclaim its all-time highs anytime soon. In fact, although we expect the token to actually grow this year, it is likely going to underperform some of its peers.

Is Zilliqa (ZIL) still a decent buy?

Due to its wild volatility, it’s understandable that a lot of investors will steer clear of Zilliqa (ZIL). But do not let this fool you. This is still a very decent asset and has offered value for investors before. 

It simply needs patience. Right now, ZIL is slightly out of the top 100 cryptos. But with a market cap of around $700 million, you could argue that the growth potential is still there for the long term.

The post Zilliqa (ZIL) could teeter in 2022 despite rallying impressively over the last few days appeared first on Coin Journal.