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The hottest new dog-themed meme coin? Where to buy SpookyShiba

SpookyShiba is the first „Horror Genre“ token. The dog-themed meme coin added 40% to its value today. Do you want to know more about SpookyShiba, including whether it’s worth investing in? You’re about to find out in this article.  

Top places to buy SpookyShiba now

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

1. Buy BNB on a regulated exchange or broker, like Binance ›

We suggest Binance 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 BNB 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 SushiSwap DEX

Head to SushiSwap, and ‚connect‘ your wallet to it.

4. You can now swap your BNB for SPOOKYSHIBA

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

What is SpookyShiba?

The first „Horror Genre“ token is part of a video game project featuring the first „Holder Evolution Technology“, in which holders decide the future of the gaming experience. It was released just before Christmas on Android and iOS devices last year.

The ecosystem also features a scratch card game based on P2E technology that allows holders of SPOOKYSHIBA worth $100 or more to play once every 24 hours. They have the chance to win an NFT (either a legendary, rare, or common one) from the NFT marketplace being developed.

It will be released in early 2022, hence the token’s price surge. The NFT marketplace will have attractive royalty features that encourage holding the token.

Should I buy SpookyShiba today?

Meme coins are particularly volatile and risky. They are hard to use due to a limited number of applications. Invest at your own risk.  

SpookyShiba price prediction

Digital Coin Price is bullish on Spooky. They predict its lowest price in the future will be $0.00000000004, and its highest price – $0.00000000005. In one year, the price of 1 SpookyShiba will be around $0.00000000001, twice what it’s worth now.

SpookyShiba on social media

The post The hottest new dog-themed meme coin? Where to buy SpookyShiba appeared first on Coin Journal.

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You can now buy NEAR, up 17% in the last 24 hours: here’s where

The live NEAR Protocol (NEAR) price today is $16.44 with a 24-hour trading volume of just under $1.8 billion. The NEAR token is up 16.68% in the last 24 hours. If you are attracted to unique features and want to learn how and where to buy NEAR, this guide is for you.

Top places to buy NEAR now

Binance

Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.

Buy NEAR with Binance today

What is NEAR?

NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability.

This provides the ideal environment for DApps and creates a developer and user-friendly platform. For instance, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to Ethereum.

NEAR also introduces unique solutions to scaling problems and has its own consensus mechanism called “Doomslug.”

NEAR Protocol is being built by the NEAR Collective, its community that is updating the initial code and releasing updates to the ecosystem.

Flux, a protocol that allows developers to create markets based on assets, commodities, real-world events, and Mintbase, an NFT minting platform are examples of projects being built on NEAR Protocol.

Should I buy NEAR today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.

NEAR price prediction

Based on Wallet Investor’s forecast, a long-term increase is expected. They predict NEAR will reach $78 in 2027. A 5-year investment would thus generate revenue of around 377%. A $100 investment now might reach $477 in 5 years.

NEAR on social media

The post You can now buy NEAR, up 17% in the last 24 hours: here’s where appeared first on Coin Journal.

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SEC seeks more regulatory enforcement on crypto tokens, says Chair Gary Gensler

The SEC seeks more regulatory enforcement in the crypto sector in 2022, according to chair Gary Gensler.

US Securities and Exchange Commission (SEC) chair Gary Gensler has once again reiterated the government agency’s outlook on crypto tokens, saying the next step is to see security tokens properly classified as such.

As well as talking about private companies and equity firms, the SEC chair briefly touched on the use of crypto tokens as a form of raising money to support innovative technologies within the broader crypto market.

The SEC chair said that crypto tokens and other forms of crowdfunding are free to raise money from the public, but the promoters and sponsors of these offerings should know that the tokens fall within the securities laws.

The premise goes back to the Howey test that looks at whether investors put money into the project expecting a return on their investment based on the efforts of the team.

Crypto promoters to avail  all sets of disclosures to investors

Gensler made the comments during an interview on CNBC’s “Squawk Box” on Monday.

He noted that raising funds for a project from the public requires that they (investors) get all the disclosures necessary for them to make wise investment decisions. The securities laws, he added, are there to protect the public against fraud and scammers.

Commenting on the SEC’s agenda for the crypto market, Gensler said the main goal is to bring all security tokens within the purview of the securities laws.

The SEC chair believes that the means of raising funds from investors isn’t an issue, be it through cryptocurrencies or the newer special purpose acquisition companies (SPACs). What’s important for the SEC is to ensure consumers get the protections they deserve.

On insider trading

Gensler also touched on the issue of insider trading, noting that the SEC will vigorously enforce the laws guiding insider trading, whether by company insiders such as CEOs or members of Congress privy to non-public information.

He however added that all the issues of insider selling are pegged on one word: trust.

He noted:

„Our system of finance comes down to one basic word and it is trust. Protecting against insider trading whether it is at a company or whether it is a government official, both are important to the basic trust.“

The SEC vs. Ripple case

The comments relating to securities laws come even as the SEC’s case against Ripple and its top executives continues. The watchdog brought a lawsuit against Ripple Labs for what the agency said was illegal sales of the XRP token.

Ripple has maintained the token isn’t a security and questioned prior pronouncements that suggested Ether (ETH), the native token on the Ethereum network, wasn’t a security token.

During the interview, Gensler said he could not comment on individual crypto projects, responding to a question on why the SEC does not see ETH as a security token as it does XRP.

The SEC has in the past charged several celebrities for touting various crypto initial coin offerings (ICOs), including Floyd Mayweather, actor Steven Seagal, and DJ Khaled.

The post SEC seeks more regulatory enforcement on crypto tokens, says Chair Gary Gensler appeared first on Coin Journal.

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Best cryptocurrencies to buy during the January Dip

2022 hasn’t started all that well for crypto investors. The market appears to continue the downtrend we say at the tail end of 2021. With no signs of sentiment improving in the coming days, it is likely the decline we have seen at the start of the year will continue well into January. But can you actually buy this dip? Here are some highlights first:

  • Nearly all major top ten coins by market cap have been trading in the red over the last seven days or so.

  • The downward price pressure has largely been triggered by a hawkish fed and potential rate hikes this year.

  • There are still a lot of downside risks for people who want to buy this dip right now.

Nonetheless, there are some cryptocurrencies that have been discounted thanks to this downward price action. And since they still have decent fundamentals, this would be the right time to buy. Here are two of the main ones:

Terra (LUNA)

Terra (LUNA) was one of the top performers in 2021. The coin had also surged quite impressively at the tail end of the year. However, the crypto winter at the start of 2022 has sent LUNA on a downward spiral. 

Data Source: Tradingview.com 

At the time of writing, the coin was trading at $66.15, down nearly 8% in 24 hours. Most importantly, LUNA is also down by nearly 30% over the last 7 days. This gives investors who have always wanted to get into LUNA a huge discount on the price.

Gala (GALA)

Gala (GALA) is a blockchain-based gaming ecosystem. We can all agree that blockchain gaming is going to be huge in the future. Also, GALA is one of the most promising projects in this space. 

Despite showing exemplary performance last year, the GALA token is now 35% down in 7 days. For folks who want some exposure in crypto gaming, this is the time to get GALA.

The post Best cryptocurrencies to buy during the January Dip appeared first on Coin Journal.