Kategorie: Altcoin News

The metaverse is expected to become the next frontier of growth in the crypto universe. But before the metaverse, there was virtual reality. As VR becomes more advanced, it is now getting fully integrated into the blockchain ecosystem. Here is why:

• Virtual reality has vast applications in business and leisure.

• VR is also seen as the future of human interaction.

• Blockchain technology can help make VR more decentralized and private.

If you are thinking of taking advantage of the VR boom, the following are three top coins that you can buy.

CEEK VR (CEEK)

CEEK VR (CEEK) is an interesting VR project that is hoping to bring the metaverse into music and entertainment. Just think about it. Imagine being able to attend a live concert for your favorite singers? Or being able to watch your favorite athletes do what they do? 

Data Source: Tradingview 

Well, CEEK is built to make that happen and comes with full NFT integration as well. The project is designed to make it easier for content creators to monetize their work and find new avenues to make money. CEEK is the future of music streaming and as such, it should be on your radar.

High Street (HIGH)

High Street (HIGH) is a metaverse token that combines both virtual reality and play to earn gaming. The project hopes to develop a unique network of digital communities that can engage in exciting activities inside a virtual world. For example, if you ever wanted to race a car, you can do it inside this digital universe.

ApeCoin (APE)

ApeCoin (APE) is an NFT inspired coin that is also hoping to create a virtual reality. The coin launched just a few days back and has been gaining a lot. It is linked to the Bored Ape Yacht Club (BAYC). There is a lot more to come from this coin, and virtual reality will be at the center of everything.

The post Virtual Reality Revolution: 3 coins making headlines in this area appeared first on Coin Journal.

The crypto industry is always on the move. There are new trends that come and go all the time. 2022 is one of the most important years for crypto, and there are several new trends that are going to define the next few months. Here are some of these important trends:

• DeFi is expected to explode and grow even further in 2022.

• There is also growing emphasis on Interoperability across chains

• 2022 will also likely be the year of NFTs and metaverse.

As an investor, it is important to position your assets in a way that takes advantage of these trends. We have picked out 3 coins that we believe can help you with this:

DeFi – Kyber Networks (KNC)

The main goal for Kyber Networks (KNC) is to help aggerate liquidity and bring it in one place. Over the last few years, some of the factors that have limited the growth of DeFi have largely been low liquidity.

While there have been several ways to address this, including automated market maker protocols, liquidity aggregators are gaining so much traction. Kyber Networks is likely to be a major player in this.

Interoperability – Tezos (XTZ)

Cross-chain bridges have helped solve a very common problem in crypto. Moving assets across various chains used to be a huge challenge. But bridges have removed that issue, and there are several projects here worth noting. But Tezos (XTZ) is far more promising simply because it is more than just multichain crypto. It offers so much more in terms of its underlying value.

NFTs and Metaverse: Enjin Coin (ENJ)

Enjin Coin (ENJ) is one of the most underrated crypto assets in the market. The token has fallen sharply in recent days due to the metaverse rout. But if you are looking for a project that could deliver big on the metaverse, ENJ is the way to go.

The post The top 3 coins to consider buying based on crypto trends in 2022 appeared first on Coin Journal.

Ethereum is one of the biggest crypto projects right now. It is also safe to say that Ethereum has completely revolutionized the crypto industry thanks to its smart contracts. But as more and more people use it, it has run into many challenges. Here are some of them:

• The Ethereum chain is not as scalable as it should be.

• Users have to deal with network congestions and high gas fees.

• Increased inefficiency and low speeds are common as well.

Although Ethereum is trying to fix this problem with Ethereum 2.0, there are other new blockchain projects that are trying to offer an alternative altogether. Here they are:

Solana (SOL)

Solana (SOL) has often been seen as one of the most serious challengers to Ethereum. There are several reasons for this. First, Solana is designed to deliver outstanding scalability.

It is also super-fast, and more importantly, the chain offers users some of the lowest gas fees in the market. Solana is also attracting significant developer interest and has been a subject of major investments by big names in the crypto market. If you are looking at the future of smart contracts, Solana has to be there.

Avalanche (AVAX)

What makes Avalanche (AVAX) so potent is the fact that it allows users to launch sub-chains within its ecosystem. These sub-chains are independent of the main chain and as such, they are free from the congestion associated with the main network. This makes Avalanche one of the most scalable blockchain technologies in the world. It has the potential of completely transforming distributed systems.

Tron Network (TRX)

The Tron Network (TRX) is also a highly scalable project that looks to address the challenges of Ethereum. It may not be as popular as Solana but the underlying metrics of this project are very good. It is one asset worth bringing on board if you want to.

The post Ethereum killers: Top 3 projects that could replace the legacy chain appeared first on Coin Journal.

A lot of people have made millions from meme coins. These are crypto assets that have gone from zero to billions of dollars in market cap in a very short time. It’s therefore understandable if you are thinking of investing in meme coins. These coins typically have the following features:

• Largely speculative assets that have very little underlying value.

• Meme coins are prone to high levels of volatility.

• Anyone can literally launch a meme coin from anywhere.

In case you would like to become rich from meme coins, there are a few coins that you can check out right now.

Floki Inu (FLOKI)

Floki Inu (FLOKI) is a meme coin that appears to be just boiling under the surface. It is one of those meme coins that also looks like it has a lot of potential for success.

Besides, when you look at the price action, you see a very undervalued meme coin that continues to gain a lot of coverage on social media. At the time of writing, FLOKI was trading at $0.00003295 with a market cap of $300 million.

SafeMoon (SAFEMOON)

Although it has been around for some time, SafeMoon (SAFEMOON) has not achieved the potential we believe it can. Instead, the coin has largely remained steady. But there is a chance it could blow up in the future. 

Right now, SafeMoon is trading at a market cap of around $350 million. While we are not saying it could hit $20 billion like Shiba Inu and others, there is still so much room there to bring in more gains. It is definitely one to watch.

Looser coin (LOWB)

With a market cap of just $2.7 million, Loser Coin (LOWB) is a very high potential meme coin. The only way is up for this coin, and there is a huge chance that LOWB could grow 10x in the near term. It is currently trading at $0.00004425.

The post The meme coin craze: These 3 coins could make you rich appeared first on Coin Journal.

• Mina has raised $92 million from investors, money that will go towards expanding its ecosystem.

• Mina is looking to become a leader in the Zero-Knowledge smart contracts space.

• Mina is currently on an uptrend as investors bet on higher prices after the current funding round. 

Mina MINA/USD is one of the most promising projects at the moment. It is one of the cryptocurrencies that are working towards privacy-focused smart contracts. This is a big deal because as Web 3.0 comes alive, privacy will become one of the most important things that people will focus on. It’s only logical considering that part of the biggest issues with Web 2.0 is the centralization of power in the hands of a few big corporations and the commercialization of personal data.

Besides taking on one of the biggest aspects of the crypto market, Mina now has the resources to move ahead with its plans. On March 17th, Mina announced that it had raised $92 million in a round of funding led by crypto heavyweights such as FTX Ventures, Three Arrows, and other investors. 

Mina intends to use this money to actualize its goal of becoming the number one blockchain in developing Zero-Knowledge Smart Contracts. 

This move seems to have excited investors, which is reflected in its price action. Mina has been up by 36% in the past week, making it one of the best performers in the week. Mina continues gaining upside momentum, an indicator that investors expect it to hit even higher prices in the short to medium term.

Moving averages point to more gains

Source: TradingView

In the past 24-hours, Mina has been trending up. In this period, the 20-day MA has been outpacing the 50, and 100-day moving averages. This is an indicator that the price is rising at an accelerated pace. If buying volumes increase in the entire crypto market, MINA could easily test prices above $3 in the short term.

Summary 

Mina is gaining upside momentum at the moment. The moving averages are all turning bullish, indicating that MINA could test higher prices in the short term. This price action has been triggered by news that MINA had raised $92 million from investors, which will use to grow its ecosystem.

The post MINA’s future looks good after securing $92 million in development funds appeared first on Coin Journal.