Die Zentralbank hat dazu ermahnt, sich über die „Risiken im Zusammenhang mit irreführender Werbung, insbesondere auf Social Media, wo Influencer für die Bewerbung von Kryptowährungen bezahlt werden“, im Klaren zu sein.
Best cryptocurrencies to buy and forget in 2022
The crypto market has started to show some strength after a very poor start to 2022. Investor sentiment is slowly coming back and as such, it is an ideal time to think about possible investments for the long term. Here is why long-term crypto investing makes sense:
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Long term investing protects you from the volatility of the market
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There is a chance of unlocking a lot of value in the long term.
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Most crypto projects are designed to come good in the long run.
So, if you are trying to find some projects that you can buy and forget for 2022, we have a list of 3 coins to consider below.
Cronos (CRO)
Cronos (CRO) is the former Crypto.com token that was rebranded a few days ago. It is the native utility and governance token of the Cronos chain, a powerful ecosystem that was developed by the Crypto.com exchange.
The aim for Cronos is to bring wide-scale adoption of crypto into the world. The platform has signed several brandings and marketing deals including one with Lebron James. It was also one of the few crypto companies to air an ad during the Superbowl. At press time, CRO was selling at $0.42 with a market cap of around $10 billion.
Loopring (LRC)
Loopring (LRC) is an Ethereum scaling solution designed to deliver faster and cheaper transactions for users. It has earned a reputation for efficiency, and in recent years, Loopring has also attracted increased developer interest. Its ecosystem is likely to expand, and at the time of writing, the coin was selling at $1.18 with a market cap of $1.1 billion.
Siacoin (SC)
Siacoin (SC) is a project that hopes to help develop a comprehensive network of decentralized cloud storage. It is a very central project in the Web 3.0 revolution and appears to be very undervalued. At press, it was selling at $0.009919 with a market cap of $495 million.
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The meme coin craze: These 3 coins could make you rich
A lot of people have made millions from meme coins. These are crypto assets that have gone from zero to billions of dollars in market cap in a very short time. It’s therefore understandable if you are thinking of investing in meme coins. These coins typically have the following features:
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Largely speculative assets that have very little underlying value.
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Meme coins are prone to high levels of volatility.
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Anyone can literally launch a meme coin from anywhere.
In case you would like to become rich from meme coins, there are a few coins that you can check out right now.
Floki Inu (FLOKI)
Floki Inu (FLOKI) is a meme coin that appears to be just boiling under the surface. It is one of those meme coins that also looks like it has a lot of potential for success.
Besides, when you look at the price action, you see a very undervalued meme coin that continues to gain a lot of coverage on social media. At the time of writing, FLOKI was trading at $0.00003295 with a market cap of $300 million.
SafeMoon (SAFEMOON)
Although it has been around for some time, SafeMoon (SAFEMOON) has not achieved the potential we believe it can. Instead, the coin has largely remained steady. But there is a chance it could blow up in the future.
Right now, SafeMoon is trading at a market cap of around $350 million. While we are not saying it could hit $20 billion like Shiba Inu and others, there is still so much room there to bring in more gains. It is definitely one to watch.
Looser coin (LOWB)
With a market cap of just $2.7 million, Loser Coin (LOWB) is a very high potential meme coin. The only way is up for this coin, and there is a huge chance that LOWB could grow 10x in the near term. It is currently trading at $0.00004425.
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MINA’s future looks good after securing $92 million in development funds
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Mina has raised $92 million from investors, money that will go towards expanding its ecosystem.
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Mina is looking to become a leader in the Zero-Knowledge smart contracts space.
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Mina is currently on an uptrend as investors bet on higher prices after the current funding round.
Mina MINA/USD is one of the most promising projects at the moment. It is one of the cryptocurrencies that are working towards privacy-focused smart contracts. This is a big deal because as Web 3.0 comes alive, privacy will become one of the most important things that people will focus on. It’s only logical considering that part of the biggest issues with Web 2.0 is the centralization of power in the hands of a few big corporations and the commercialization of personal data.
Besides taking on one of the biggest aspects of the crypto market, Mina now has the resources to move ahead with its plans. On March 17th, Mina announced that it had raised $92 million in a round of funding led by crypto heavyweights such as FTX Ventures, Three Arrows, and other investors.
Mina intends to use this money to actualize its goal of becoming the number one blockchain in developing Zero-Knowledge Smart Contracts.
This move seems to have excited investors, which is reflected in its price action. Mina has been up by 36% in the past week, making it one of the best performers in the week. Mina continues gaining upside momentum, an indicator that investors expect it to hit even higher prices in the short to medium term.
Moving averages point to more gains
Source: TradingView
In the past 24-hours, Mina has been trending up. In this period, the 20-day MA has been outpacing the 50, and 100-day moving averages. This is an indicator that the price is rising at an accelerated pace. If buying volumes increase in the entire crypto market, MINA could easily test prices above $3 in the short term.
Summary
Mina is gaining upside momentum at the moment. The moving averages are all turning bullish, indicating that MINA could test higher prices in the short term. This price action has been triggered by news that MINA had raised $92 million from investors, which will use to grow its ecosystem.
The post MINA’s future looks good after securing $92 million in development funds appeared first on Coin Journal.
Loopring soaring on news of GameStop partnership: here’s where to buy LRC
Loopring is up 40.87% in the last 24 hours on news of a partnership with GameStop for the GameStop NFT marketplace. It is trading for $1.17 at the time of writing.
If you are attracted to unique features and want to learn how and where to buy LRC, this guide is for you.
Top places to buy LRC now
eToro
eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.
Coingate
CoinGate is a Lithuanian-based fintech company founded in 2014. The payment gateway offers cryptocurrency payment processing services for businesses of any sizes. Permission-based account management, fiat payouts to the bank account and brand new email billing feature are just a few reasons why CoinGate has become a go-to payment processor for many.
What is LRC?
LRC is the crypto token of Loopring, an open, Ethereum-based protocol aimed at building decentralized crypto exchanges.
Loopring intends to bring centralized order matching with decentralized on-blockchain order settlement together into a hybrid solution, which will utilize the best of both worlds.
Loopring Protocol seeks to reduce or eliminate the inefficiencies of DEXs while retaining their advantages. It settles trades on-chain, but manages orders in a centralized manner.
It also combines multiple orders into circular trades rather than permit strictly one vs. one trading pairs. This way, the protocol expects to improve DEX liquidity while increasing the efficiency of order execution.
Should I buy LRC today?
Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never make any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.
LRC price prediction
Wallet Investor is extremely bullish on Loopring. They expect a long-term increase. According to them, 1 LRC will trade for $4.65 in March 2027. A 5-year investment will yield earnings of around +295.49%. If you invest $100 in LRC now, you might have $395.49 in 2027.
LRC on social media
The #GameStop #NFT marketplace beta is now live!$GME has partnered with @loopringorg for this project, which is an #ETH L2 solution. 🤝#LRC skyrocketed after the announcement, resulting in a +41% gain. 🚀 pic.twitter.com/b3z8Z5FOkq
— Delta Investment Tracker (@getdelta) March 23, 2022
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