Monat: April 2022

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You can buy Moonbeam, which gained 14% in 24 hours: Here’s where

Moonbeam was represented at a series of leading international crypto events and reached an important TVL milestone recently. Its token GLMR has gained just under 15% today. 

This brief guide has everything you need to know about the Moonbeam network and coin, including whether and where to buy Moonbeam if you choose.

Top places to buy Moonbeam now

What is Moonbeam?

Moonbeam is an Ethereum-compatible smart contract parachain on Polkadot, which makes it easy to use popular Ethereum developer tools to build or redeploy Solidity projects in a Substrate-based environment.

Moonbeam is an EVM implementation and a highly specialized parachain that mirrors Ethereum’s Web3 RPC, accounts, keys, subscriptions, logs, and more. 

The Moonbeam platform extends the base Ethereum feature set with additional features such as on-chain governance, staking, and cross-chain integrations.

Should I buy Moonbeam today?

Moonbeam can definitely be worth investing in if your timing is right. Unfortunately, this is often impossible to know in advance. Any investment decision should take your risk tolerance into account. Don’t take any price predictions at face value.

Moonbeam price prediction

Price Prediction forecasts a minimum price of $5.20 in 2023. In 2024, 1 GLMR will trade for at least $7.47, but it can go up to $8.89 that year. The price of 1 Moonbeam is expected to reach at least $10.64 in 2025. 

Moonbeam on social media

The post You can buy Moonbeam, which gained 14% in 24 hours: Here’s where appeared first on Coin Journal.

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Shiba Inu Metaverse goes live with ‘land bid event’ already happening

Shiba Inu’s metaverse, ‘SHIB: The Metaverse,’ went live on Wednesday, and the ‘land bid event’ is currently happening. Currently, preferential access to the land bidding event is being given to Leash holders only.

The Leash holders can lock their Leash tokens to bid for the land. The Leash holders are allowed to inspect, bid, and also acquire land in SHIB: The Metaverse.

The currently undergoing land bidding event is scheduled to take place for three days and there are about 35,000 pieces of land properties that are up for grabs.

Following the rising anxiety as investors scumble for a chance to buy a piece of land in the Shiba Inu metaverse, there are expectations that the plots of land will sell out by end of the sale. The Shiba Inu metaverse is being dubbed the “future of the internet.”

After the land auction event, the plots of land in ‘SHIB: The Metaverse’ will be available for viewing, bidding, and buying by anybody. It is expected that an additional 66,000 plots of land will be available then.

What is SHIB: The Metaverse?

SHIB: The Metaverse is Shiba Inu’s metaverse ecosystem that features virtual real estate known as ‘Shiba Inu Lands’ that will provide owners with passive income.

One of the metaverse developers Eric M described the project as “a place where our community, tokens, game, ShibaSwap, and way more is going to meet together.”

SHIB: The Metaverse was initially linked to the ‘Shiba Inu Games’ project but that is not the case since it is a project on its own.

In the end, SHIB: The Metaverse website is expected to feature about 100,595 plots of land available for buying. The plots of land will be placed on a metaverse map lined with streets and Shiba-related names.

Shiba Inu’s team has laid out the process of buying land in SHIB: The Metaverse.

The post Shiba Inu Metaverse goes live with ‘land bid event’ already happening appeared first on Coin Journal.

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Audius is soaring, up 21% today: here’s where to buy Audius now

Audius, a decentralized music streaming protocol, is one of the biggest gainers today. It added more than a fifth to its value in the last 24 hours and was trading for $1.29 at the time of writing. 

If you want to know what Audius is, can it give you good returns, and the top places to buy Audius now, you’ve come to the right place. 

Top places to buy Audius now

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

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

What is Audius?

Audius was launched to remedy the inefficiencies of the music industry, which is plagued by intransparent music rights ownership and intermediaries standing between artists and their audience.

Audius aims to align the interests of artists, fans, and node operators through its platform powered by its native AUDIO token. Artists can upload music, stored and distributed by content and discovery nodes, that fans can listen to for free. 

Audius rewards content creators through rewards like featuring in the weekly trending lists. It plans to integrate stablecoins for artists to offer paid content.

Should I buy Audius today?

Audius can be a lucrative investment, but take the time to read at least several price predictions from leading analysts and do market research before making a commitment. Take all investment advice with a grain of salt.

Audius price prediction

Wallet Investor anticipates a long-term increase in the price of Audius. Their price prediction for April 2027 is $4.36. A 5-year investment will generate revenue of around +239%. If you invest $100 in it now, the investment may be up to $339 in 2027.

Audius on social media

The post Audius is soaring, up 21% today: here’s where to buy Audius now appeared first on Coin Journal.

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Why is RUNE up by nearly 20% today?

ThorChain (Rune) logo on a cell phone screen

RUNE is one of the best performers amongst the top 50 cryptocurrencies by market cap.

The broader cryptocurrency market continues its recovery, adding more than 2% to its value in the last 24 hours.

Thanks to the positive performance, the total cryptocurrency market cap has surpassed the $1.9 trillion mark again and could soon reach $2 trillion.

Bitcoin is up by more than 3% in the last 24 hours and now trades above $41k per coin. If the positive momentum persists, Bitcoin could surpass the $43k resistance level soon.

However, RUNE, the native token of the THORChain ecosystem, is the best performer amongst the top 50 cryptocurrencies by market cap. RUNE is up by 19% in the last 24 hours, outperforming the other major cryptocurrencies. 

The primary catalyst behind RUNE’s ongoing rally is the recent report by Delphi Digital highlighting the growth of the THORChain network over the past few months.

According to the report, the trading volume and total value locked (TVL) on decentralised finance (DeFi) projects on THORChain reached $162M and $549M, respectively in March.

The figures were both all-time highs, indicating the growth of the blockchain in recent weeks.

Key levels to watch

The RUNE/USDT 4-hour chart is one of the most bullish amongst the top 50 cryptocurrencies by market cap. The technical indicators show that RUNE could experience further gains in the coming hours.

The 14-day relative strength index of 59 shows that RUNE is moving towards the overbought territory. The MACD line is above the neutral zone, indicating bullish momentum.

At press time, RUNE is trading at $9.1 per coin. If the bulls remain in charge, RUNE could surpass the first major resistance level at $10.795 before the end of the day. 

However, it would need the support of the broader cryptocurrency market to trade above $12 for the first time since March.

The post Why is RUNE up by nearly 20% today? appeared first on Coin Journal.

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Ripple vs Stellar: Better Buy Between XRP and XLM?

Ripple and Stellar are some of the biggest cryptocurrencies in the world. The two have a market capitalization of over $35 billion and $4.9 billion, respectively. They also have a common history considering that Stellar was created by a co-founder of Ripple. So, in this Ripple vs Stellar analysis, we will identify the one that is a better buy.

Ripple vs Stellar

Ripple is a blockchain project in the money transfer industry. It is governed by Ripple Labs, a company that partners with other firms in the financial sector. It solves the money transfer challenge by providing on-demand liquidity (ODL) feature and the XRP token. In the past few years, Ripple has established partnerships with numerous companies like Santander and Azimo.

Stellar is also in the money transfer industry. It solves the challenge by letting people create open representatives for different currencies like the US dollar, euro, and the Japanese yen. It also has an SDK that companies in the industry can use to speed up transactions. As shown below, Ripple and Stellar have had a similar performance in the past few years.

The case for Ripple

There are several reasons why many people believe that Ripple is a better investment. First, it has a longer track record than Stellar since it was established in 2013. As a result, it is a better-known brand than Stellar. Second, Ripple has a long runway for growth considering that developers will soon start building using its platform.

Third, while Ripple has gone through challenges, it has maintained most of its past relationships. It works with some of the leading companies in the financial industry. Further, analysts believe that the SEC vs Ripple case has pushed it to become undervalued. 

However, a common concern is that XRP is not really a cryptocurrency because of the massive control that Ripple has. Here’s how to buy Ripple.

The case for Stellar

The next part of the Ripple vs Stellar is to look at the case for Stellar. First, Stellar is an open platform that has been used to build some well-known tools. For example, it was used to build USD Coin, one of the most popular stablecoins globally. USDC was built by Circle, a company that is valued at over $10 billion. 

Third, Stellar is already used by developers from around the world. Some of the popular companies using Stellar are ClickPesa, SatoshiPay, and CoinQuest among others.

XRP vs XLM: better buy?

In my experience, I believe that Ripple is a better buy than Stellar because of its strong brand. I also view the current SEC vs Ripple case as a net positive for the coin. I expect that the ruling by the judge will be a bit positive for the coin and push more investors to it.

The post Ripple vs Stellar: Better Buy Between XRP and XLM? appeared first on Coin Journal.