Ellipsis (EPX) dips after yesterday’s surge: here’s where to buy the Ellipsis dip

Yesterday, Ellipsis price jumped to a months-high of $0.0007382 before the current price retracement that has seen it dip to $0.0004983 at press time.

Yesterday’s surge, which was propelled by BNBx Ellipsis LP update of migrating from Stable pool to Crypto Pool, had rekindled hopes of the token staging a strong bullish rally seeing that it surged by more than 78% in a day.  

All the same, the token is still trading higher than where it was trading Yesterday morning ($0.0004133) and there are very high expectations of the coin resuming yesterday’s bullish trend.

To help investors and traders who want to take advantage of the current Ellipsis price dip, Coinjournal has created a brief article to help with identifying where to buy the EPX token.

To find out more, please continue reading.

Best places to buy Ellipsis token

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy EPX with Binance today

Swapzone

Swapzone is a crypto exchange aggregator that operates as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, safe user flow, and crystal-clear data for users to find the best exchange rates among the whole cryptocurrency market.

Buy EPX with Swapzone today

What is Ellipsis cryptocurrency?

Ellipsis is a cryptocurrency that operates on the BNB Smart Chain (BEP20) platform. 

On March 31, 2022, it performed a token migration from the old Ellipsis (EPS) token to its current Ellipsis (EPX) token. 

After the token migration, the EPX token was locked from transfers until the Ellipsis 2.0 protocol was launched. It was after the token migration and launch of the 2.0 protocol that the holders of the old EPS token were allowed to exchange every EPS for 88 EPX tokens.

Should I buy the EPX token today?

If you want to purchase a cryptocurrency that has shown signs of taking off, then the EPX token could be a good choice.

However, the EPX token has been struggling since it was launched and did not perform as anticipated. And owing to the volatility of the crypto markets, it is difficult to precisely predict how the token will perform moving ahead.

Ellipsis price prediction

Following yesterday’s price surge, analysts are expecting the token to close the week at least above $0.0008. However, this will be determined by whether the token will correct the current price retracement before it erodes the gains it had made.

$EPX social media trends

 

The post Ellipsis (EPX) dips after yesterday’s surge: here’s where to buy the Ellipsis dip appeared first on CoinJournal.

Top metaverse cryptocurrencies as South Korea seeks to accelerate metaverse growth

After a selloff in the past week, the cryptocurrency market is stabilizing, and selling volumes are dropping. This means it could be an excellent time to start looking for buying opportunities if there is a rally within the week. But where can such a rally come from? What could trigger it? Well, that will depend a lot on the news, and at the moment, the news is pointing to Metaverse cryptocurrencies as potentially big winners this week.

The latest news coming about the Metaverse is coming from South Korea. The country’s regulators are working on a framework that will fast track growth of the Metaverse in the country. Though these are long-term plans, the markets will likely respond positively to this news, which means potential growth in top Metaverse cryptocurrencies.

With this in mind, let’s now look at the top 3 Metaverse cryptocurrencies to keep an eye on this week. 

Decentraland (MANA)

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.

Buy MANA with eToro today

Skilling

Skilling is a Scandinavian based cryptocurrency broker which has a desktop website as well as apps for iOS and Android devices. It supports over 50 cryptocurrencies and it has a demo account to allow users to gain familiarity with the platform. Skilling has no hidden fees, it is an officially regulated broker and it supports a wide range of payment methods.

Buy MANA with Skilling today

Decentraland (MANA) is one of the top Metaverse cryptocurrencies by market cap and one of the best-performing ones in the November 2021 cryptocurrency rally. However, it has since lost a lot of value and is currently trading at less than $0.80. This makes it quite affordable to most investors, and as the South Korean news filters into the market, MANA is likely to pump. That’s because it is one of the biggest Metaverse cryptocurrencies in the market now, which makes it easily accessible even to a non-sophisticated investor.

Sandbox (SAND)

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.

Buy SAND with eToro today

Skilling

Skilling is a Scandinavian based cryptocurrency broker which has a desktop website as well as apps for iOS and Android devices. It supports over 50 cryptocurrencies and it has a demo account to allow users to gain familiarity with the platform. Skilling has no hidden fees, it is an officially regulated broker and it supports a wide range of payment methods.

Buy SAND with Skilling today

The Sandbox (SAND) is another large-cap of Metaverse cryptocurrencies that could do well if Metaverse cryptocurrencies gain traction this week. Like Decentraland (MANA), Sandbox (SAND) is one of the larger and hence more visible Metaverse cryptocurrencies that could benefit if there is FOMO around Metaverse cryptocurrencies in the month. Besides being one of the largest Metaverse cryptocurrencies, SAND has a growing ecosystem of games and other virtual assets, making it hugely undervalued at current prices.

Axie Infinity (AXS)

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.

Buy AXS with eToro today

Skilling

Skilling is a Scandinavian based cryptocurrency broker which has a desktop website as well as apps for iOS and Android devices. It supports over 50 cryptocurrencies and it has a demo account to allow users to gain familiarity with the platform. Skilling has no hidden fees, it is an officially regulated broker and it supports a wide range of payment methods.

Buy AXS with Skilling today

Axie Infinity (AXS) is one of the top cryptocurrencies that are building one of the fastest growing play-2-earn ecosystems in crypto. It has one of the most expensive NFTs collections on the market. With its deepening P2E Metaverse, Axie Infinity has pretty good odds of growth long term.

In the short term, Axie Infinity has everything it would take to trigger FOMO if Metaverse cryptocurrencies start gaining upside momentum. One thing that gives Axie Infinity the potential to rally is its proven resilience, even during adverse events. For instance, during the Ronin hack, the price of Axie Infinity remained stable throughout.

This and the fact that Axie Infinity is currently trading at record lows from its most recent all-time highs makes it highly attractive to investors. Axie Infinity buying volumes are already rising, an indicator that bulls are taking the market, and a potentially big move could be underway.

The post Top metaverse cryptocurrencies as South Korea seeks to accelerate metaverse growth appeared first on CoinJournal.