Monat: April 2022

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MobileCoin adds 47% to its value on Binance listing announcement: top places to buy MobileCoin

The world’s biggest exchange by trading volume is officially listing MobileCoin (MOB) at 10:00 (UTC) today, which is just 30 mins from now at the time of publication! The trading pairs available for this coin will be MOB/BTC, MOB/BUSD, and MOB/USDT.

If you are attracted to unique features and want to learn how and where to buy MobileCoin, this guide is for you. 

Top places to buy MobileCoin now

If you want to strike while the iron is hot, you should grab some MOB now before it goes live on Binance. Once that happens, its price is likely to spike dramatically. 

How to do that? 

FTX

FTX is a cryptocurrency exchange built by traders, for traders. FTX offers innovative products including industry-first derivatives, options, volatility products and leveraged tokens. We strive to develop a platform robust enough for professional trading firms and intuitive enough for first-time users.

Buy MOB with FTX today

Bitfinex

Bitfinex is a bitcoin exchange platform that provides advanced services for digital currency traders and liquidity providers.

Buy MOB with Bitfinex today

What is MobileCoin?

MobileCoin is the first carbon negative cryptocurrency. It’s designed to be used as digital cash on your phone. The MobileCoin Foundation coordinates and encourages a global community of developers working together to co-create the simplest possible encrypted payments network.

The platform boasts easy wallet recovery. You can recover your wallet if you lose your phone without trusting a provider with your private keys.

The entire ledger is opaque, individual transactions are cryptographically protected, and the network uses forward-secrecy.

Most transactions take less than ten seconds, so payments happen instantly. Last but not least, the platform is environmentally friendly, providing intuitive security at scale without electrical waste. 

Should I buy MobileCoin 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. 

MobileCoin price prediction

Digital Coin Price is bullish on MOB. It was trading for just over $5 at the time of writing. Their prediction is as follows:

  • 2022: $6.47 – $7.59
  • 2023: $7 – $8
  • 2024: $6.50 – $10
  • 2025: $9.11 – $11  

MobileCoin on social media

The post MobileCoin adds 47% to its value on Binance listing announcement: top places to buy MobileCoin appeared first on Coin Journal.

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Best places to buy ApeCoin, which gained 13% in 24 hours

The price of ApeCoin has been rising steadily as voting on its DAO governance goes on. Voting will conclude on May 4. 

Will ApeCoin’s price continue to increase until then? This article attempts to answer this and many other pertinent questions, including where to buy ApeCoin.    

Top places to buy ApeCoin now

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

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

What is ApeCoin?

ApeCoin is a utility and ERC-20 governance token used within the APE Ecosystem to empower and incentivize a decentralized community. ApeCoin holders are self-governed via the decentralized governance framework controlling the ApeCoin DAO.

They vote on how to allocate the ApeCoin DAO Ecosystem Fund among other things. The APE Foundation administers proposals agreed upon by ApeCoin holders.

APE is the APE Ecosystem’s governance token. It allows holders to take part in ApeCoin DAO and gives participants an open and shared currency they can use without centralized middlemen. 

Almost two-thirds of all ApeCoin was allocated to the Ecosystem Fund to facilitate community-driven initiatives as voted on by DAO members.  

Should I buy ApeCoin today?

ApeCoin 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. 

ApeCoin price prediction

At the time of writing, APE was trading for just under $23. According to Crowd Wisdom, the outlook is positive (to an estimated 72%). 

APE is expected to reach at least $30 this year, and more than double that – $64 – in 2025.  

ApeCoin on social media

The post Best places to buy ApeCoin, which gained 13% in 24 hours appeared first on Coin Journal.

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Nexo is up 14% on news of a Binance listing: here’s where to buy Nexo

Binance will list NEXO today at 10:00 UTC, which is when trading will open for NEXO/BTC, NEXO/BUSD, and NEXO/USDT pairs.

The live Nexo price today is $2.45 with a 24-hour trading volume of $51.3 million. If you want to know what Nexo is, can it give you good returns, and the top places to buy Nexo, you’ve come to the right place. 

Top places to buy Nexo now

If you want to get ahead of the game, you may wish to buy some NEXO tokens before the listing goes live. 

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

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

What is Nexo?

Nexo is a blockchain-based lending platform that offers users instant cryptocurrency-backed loans. Users deposit an accepted token as collateral to receive a loan in the form of a fiat currency or stablecoin.

When Nexo’s native token is locked in the platform, it grants users benefits such as discounts on interest accumulated on loans and the opportunity to receive interest payments on funds deposited. Token holders also receive dividends from Nexo’s profits.

Nexo is the first-ever provider of instant cryptocurrency-backed loans according to its whitepaper and it intends to solve inefficiencies in the lending market. Its automated lending process uses smart contracts and an oracle on the Ethereum blockchain to manage loans. 

Should I buy Nexo today?

Nexo 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. 

Nexo price prediction

Wallet Investor expects a long-term increase, predicting Nexo will be worth $7.4 in April 2027. With a 5-year investment, the revenue is expected to be around +203%. A $100 investment may be up to $303 in 2027. 

Nexo on social media

The post Nexo is up 14% on news of a Binance listing: here’s where to buy Nexo appeared first on Coin Journal.

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Why is BNB up by more than 4% today?

The cryptocurrency market has continued its slow recovery following its poor start to the week.

The broader cryptocurrency market could end the week on a positive note, thanks to its latest performance. The total crypto market cap has increased by less than 1% and currently stands above $1.8 trillion.

Bitcoin is closing in on the $40k psychological level despite adding less than 1% to its value in the last 24 hours. Ether is up by roughly 2% so far today and looks set to reach the $3,000 mark soon.

BNB, the native token of the Binance ecosystem, is the best performer amongst the top 10 cryptocurrencies by market cap in the last 24 hours. The coin has added more than 4% to its value over the past few hours, outperforming the other major coins and tokens in the process.

The rally is fueled by the news that Coinbase has listed Binance USD (BUSD) stablecoin. Coinbase is a major cryptocurrency exchange and one of Binance’s leading competitors.

Hence, the news that Coinbase was listing Binance’s stablecoin served as the catalyst to push BNB higher. 

Key levels to watch

The BNB/USD 4-hour chart is still bearish as BNB has been underperforming in recent days. However, the technical indicators show that BNB is recovering from its recent slump.

At press time, BNB is trading at $404.90 per coin. The MACD line is still below the neutral zone, but the recent trajectory shows it could cross into the positive territory soon. The 14-day RSI of 57 shows that BNB is no longer in the oversold region.

If the rally continues, BNB could rally past the first major resistance level at $423 before the end of the day. However, the resistance point at $435 should cap further upward movement in the short term.

On the flip side, if the bears regain control of the market, BNB could be forced to defend its major support level at $394. 

The post Why is BNB up by more than 4% today? appeared first on Coin Journal.

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Zilliqa (ZIL) is facing a possible 45% nosedive – Here is why

After hitting an all-time high at the start of April, Zilliqa (ZIL) has fallen sharply as investors continue to lock in profit from its meteoric rise. The coin is however still exposed to further downside. More on this later in the post but first, here are the key takeaways.

  • ZIL has slipped below its crucial demand range between $0.097 and $0.121.

  • The coin is now firmly on a bearish trend with very little upward momentum.

  • Failure to regain the demand range mentioned above will lead to a 45% decline.

Data Source: Tradingview 

Zilliqa (ZIL) – The downside risk to note

March was the best month for Zilliqa. The coin managed to surge by over 500%, outperforming all other major coins in the market by a huge margin. ZIL in fact hit its all-time high on April 1. It was trading at around $0.230 at the time. 

But after such a meteoric rise, an epic correction was inevitable. As investors started to take their profits, the coin fell sharply. At the moment, ZIL has lost nearly 150% of its ATH. Crucially, the coin has slipped below an important demand zone ranging from $0.097 and $0.121.

This is a sign of major weakness and in fact, ZIL is now bearish. If the coin fails to regain this demand zone, the price action will weaken further. In fact, ZIL could nose dive by another 50% before it finds any demand.

Is Zilliqa’s bull run over?

Yes, at the moment, the bull run that ZIL reported in March and the start of April is now gone. We do not expect the coin to retest its ATH anytime soon. 

Instead, ZIL will remain bearish for the next few weeks. The coin could bottom at $0.05, roughly closer to where it was before the March bull run. The correction we all expected will now be complete.

The post Zilliqa (ZIL) is facing a possible 45% nosedive – Here is why appeared first on Coin Journal.