Monat: März 2022

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Seedify.Fund (SFUND) remains largely unchanged despite launching brand new ecosystem features

Seedify.Fund (SFUND) has remained largely unchanged even as the project announced major new features on its ecosystem. The coin which has acted as an incubator for metaverse and GameFi projects, is hoping to transform its ecosystem in the near future. Here is what you should know:

  • The new updates will see greater integrations of NFTs into Seedify.Fund projects.

  • The project is also expanding yield farming and staking

  • New incentives will roll out to bring more projects on the platform.

Data Source: Tradingview 

Seedify.Fund (SFUND) – price remains largely unchanged

It doesn’t seem like many investors were upbeat about this latest news from Seedify.Fund (SFUND). At the time of writing, the token was trading at $4.30, down by around 2% for the day. But there is no arguing that this is a very interesting project. 

In recent months, talk about GameFi and the metaverse has been gathering steam. The metaverse in particular is seen as a very integral part of the future of crypto. Seedify.Fund (SFUND) is trying to provide a launchpad that will see such metaverse projects come to life. 

Despite this, the coin still remains relatively small, with a market cap of around $105 million. It is likely that the recent news will have no big impact on the price action. Nonetheless, Seedify.Fund (SFUND) will still continue to remain resilient in the near term.

Is Seedify.Fund (SFUND) worth it?

If you are looking for exposure in the metaverse and GameFi tokens, there are probably a lot of options you can go for. However, what makes Seedify.Fund (SFUND) unique is that it acts as an incubator and launchpad for these other coins. 

This puts it at the very center of the metaverse and GameFi revolution. The fact that it remains a small microcap coin also means that it has so much to offer in the long run. It is therefore worth looking at.

The post Seedify.Fund (SFUND) remains largely unchanged despite launching brand new ecosystem features appeared first on Coin Journal.

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Mina (MINA) stages stunning recovery after days in the red – Can the momentum hold?

Mina (MINA) has staged a stunning recovery over the last two trading days. The surge was largely triggered by news that big-name investors were pouring money into the project. At one point the coin managed to go above monthly highs before retreating. But can this momentum hold? We’ll discuss it below but first, here are some pointers:

  • Mina (MINA) has reported double-digit gains for the last two days.

  • The coin was trading at $2.08, up around 18% in 24 hours.

  • We expect this surge to continue well into the weekend.

Data Source: Tradingview 

Mina (MINA) – gauging the momentum?

Mina (MINA) had not been doing that well. Like most coins in the market, it was largely exposed to the headwinds in crypto. As such, it had spent a lot of days in the red. But what we saw over the last two days has been nothing short of a crucial reversal. 

The coin has surged by double figures in both days. At one point, it even rose above $2.35, the highest it has been since February. Also, Mina (MINA) has gained over 40% compared to the lowest price recorded in March. 

We expect this bullish run to continue well into the weekend. After all, Mina (MINA) is now well over its 25- and 50-day simple moving averages. The RSI reading also shows positive momentum heading into the weekend. 

What is Mina (MINA)?

Mina (MINA) is an innovative blockchain project that is planning to create distributed payment systems. It is a relatively unique project that looks very underpriced. We are also starting to see big-name investors coming into MINA. 

This can only be a good sign about the future prospect of this coin. If you are looking for something to buy and unlock long-term gains, there is no reason why you shouldn’t check out Mina (MINA).

The post Mina (MINA) stages stunning recovery after days in the red – Can the momentum hold? appeared first on Coin Journal.

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Metaverse and NFT integration: Top 3 coins to consider

The metaverse is seen as the hottest trend in crypto right now. The big tech giants of our time are pouring money into this idea. In the coming years, the metaverse will be a reality. But we are also seeing NFT and metaverse integration as well. Here is why this makes sense:

  • NFTs provide the basis for owning metaverse items

  • The NFTs are also used to bring more utility and value into the metaverse.

  • NFTs are also important in creating multiple revenue verticals in the metaverse.

Well, in case you are searching for crypto projects that integrate NFTs and the metaverse together, here are the top 3 coins to consider.

Terra Virtua (TVK)

Terra Virtua (TVK) is an upcoming metaverse project that is looking to transform how people interact with digital collectibles. The project uses augmented and virtual reality to create an immersive digital experience. 

Data Source: Tradingview 

This is where people can buy and sell NFTs, engage in social and gaming activities and so much more. The official governance and utility token of Terra Virtua is known as Kolect (TVK). At press time, the coin was trading at $0.107 with a market cap of $75 million.

Axie Infinity (AXS)

Axie Infinity (AXS) is not a new name per se in the metaverse sector. In fact, this project started like a play-to-earn game but has since tried to bring other metaverse-related features into its ecosystem. It was one of the hottest projects to buy in 2021. While much of that growth has stagnated, the future is still bright for AXS.

Wilder World (WILD)

Wilder World (WILD) is a 5D gaming universe that looks to deliver immersive and action-packed gaming experiences for all users. The project also lets users buy digital items, including condos, cars, and so much more. All these things are backed by NFTs as well. The native token WILD is trading at $1.18.

The post Metaverse and NFT integration: Top 3 coins to consider appeared first on Coin Journal.

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Strong whale accumulation pushes Aave (AAVE) over 30% in 2 days

Aave (AAVE) has been surging over the last two days. The coin in fact looks like it’s about to form a bullish divergence that could push the DeFi protocol towards $200. Much of this growth has been driven by whale accumulation and on-chain news. But how sustainable can it be? Here are some details:

  • Aave (AAVE) launched Aave V3, which will enhance capabilities within the ecosystem.

  • Data also shows that whales have accumulated nearly $10 million in Aave (Aave) so far.

  • At press time, the coin was trading at $151, up around 4% for the last 24 hours.

Data Source: Tradingview

Are we seeing a bullish breakout for Aave (AAVE)?

The launch of Aave (AAVE) V3, which was announced on Wednesday, is a huge step. The new protocol is expected to unlock borrowing and other DeFi products within the Aave ecosystem. It will also help optimize gas fees and facilitate cross-chain transactions in the future. 

This news was expected to have a large impact on the price action. But it’s the accumulation by whales that makes AAVE one of the projects to watch. As of now, whales have added nearly $10 million worth of AAVE into their portfolio.

This suggests that there is a lot of confidence in the coin. It is likely that AAVE will continue to surge in the days ahead and could even challenge $200 in the future.

Why should you consider Aave (AAVE)?

Other than whale accumulation, there are still many other factors that make AAVE a decent buy. For starters, it is a highly innovative DeFi protocol that has constantly upgraded its network over the years. 

With DeFi expected to explode in the coming months, it would make a lot of sense to hold tokens like this. Besides, AAVE still remains relatively undervalued compared to other major chains.

The post Strong whale accumulation pushes Aave (AAVE) over 30% in 2 days appeared first on Coin Journal.

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Solana (SOL) is targeting $100 in the days ahead – Here is how this will happen

Despite various bearish predictions over the last three weeks, Solana (SOL) has remained quite resilient. The coin has lost and regained important support zones and now it seems like it is finally ready to rise again. But how feasible is the $100 mark? More details to follow but these are the facts you need to keep in mind:

  • Solana is looking to test overhead resistance of $90.

  • A close above that price will push the altcoin higher than $100 in the near term.

  • At press time, Solana was trading at $85, down around 4% in 24-hour trading.

Data Source: Tradingview 

Solana (SOL) – how fast can it hit $100?

Solana (SOL) has shown some impressive resilience. Although the analysis in recent weeks was very bearish, SOL bulls have come out strong. As a result, the altcoin has regained several key support zones in the last week or so. 

The biggest challenge now will be to find enough momentum to push through $90. If bulls do this, then the coin will surge above $100 in the near term. At the time of writing, SOL was trading at $85.

Despite this, in previous sessions, the zone between $90 and $95 has proved to be a crucial supply area. Every time SOL has managed to hit this threshold, it has repeatedly pulled back. But this time around, it is likely that bulls will convert $90 – $95 into a short-term demand zone to support the rally above $100.

What is the long term outlook of Solana (SOL)

Recent headwinds in the crypto market have made a lot of coins weaker. Solana in particular has fallen from its 2021 highs of nearly $200. 

But this does not change the long-term outlook of this altcoin. SOL is still destined for great success and is one of the “blue chip” crypto tokens you can buy.

The post Solana (SOL) is targeting $100 in the days ahead – Here is how this will happen appeared first on Coin Journal.