Kategorie: Altcoin News

Harmony (ONE) has seen a brutal last seven days. The coin has quite literally tanked, but we have started to see some recovery coming. But are these gains short-lived, or are we going to see a more sustained surge in the coming days? Some analysis here below but first, some highlights:

• Harmony (ONE) had declined by over 20% over the last 7 days but has since pared some of those losses.

• At press time, the coin was trading $0.1948, up by about 6% over the last 24 hours.

• For any bullish outbreak to come through, ONE must overcome the crucial resistance zone of $0.225.

Data Source: Tradingview

Harmony (ONE) – Price analysis and prediction

The daily 24-hour surge reported by Harmony (ONE) is quite robust. The coin is up 6 % albeit it remains in the red over the week after a torrid 7-day period. But despite this upward climb, the indicators suggest that ONE still remains in bearish territory.

For starters, the coin is already below its 200-day SMA of $0.2. We are looking to see if the token can actually recover that important threshold. It will also need to surge past the $0.22 resistance if we are to see a sustained bullish run. But if this doesn’t happen, Harmony (ONE) will fall back to its next support zone of $0.163.

Is it the right time to buy Harmony (ONE)

The crypto market crash that we saw in January this year meant that most coins have dropped and dropped further. ONE is not any different. The dip is real, and this offers the perfect chance for investors who have always wanted to get in on the cheap. 

Besides, the underlying fundamentals that back Harmony (ONE) are all quite decent. For investors looking into the future, this is one token you cannot afford to ignore.

The post Harmony (ONE) is recovering after a brutal week – Will we see a bull run? appeared first on Coin Journal.

Chingari has announced it is launching its new beta testnet of its native token GARI. The token comes as the Indian-based social network gets ready to launch a new Mainnet this week. Chingari has over 100 million users. So, how will this token perform in the future? Here are some highlights:

• The new GARI token is expected to help revolutionise the creator economy on the Chingari platform.

• Chingari is also launching a matching crypto wallet as well, both of which will run on Solana (SOL).

• Chingari has over 35 million active monthly users, one of the highest in India and in the world.

Data Source: Tradingview 

GARI Token – The tokenomics to know about

The move to create more value for users by Chingari has been steamrolling for the last few months. In fact, the platform has acquired several capital investments in this endeavour with a $19 million Series A funding last year.

The launch of the GARI token is the biggest move yet. Although we are seeing a beta test first, there is no doubt that this is big news.

It’s also worth noting that a Mainnet is expected to launch soon to coincide with the token. With India seen as one of the key crypto markets in the world, this is a good move for Chingari.

Should you buy the GARI token?

Right now, the GARI token is well and truly in its infancy. But based on the underlying fundamentals, it could become huge. India remains a key market for crypto growth. We have seen many innovative products come out of there.

While Chingari is not really expected to be the top driver of crypto adoption, its native GARI token could play a key role in cementing India as the world leader in crypto over the coming years.

The post Chingari announces the launch of a brand-new native token – Everything you need to know? appeared first on Coin Journal.

SundaeSwap’s (SUNDAE) will be listed on Bitrue in the next month. The news is a big shot in the arm for the Cardano-based DEX. So, what can the listing do for Sundae Swap, and should you buy before or after the listing? Some analysis is below but first, here are some highlights:

• SundaeSwap’s (SUNDAE) is the main DEX for Cardano (ADA), one of the biggest blockchain networks in the world.

• Despite its high-profile nature, SundaeSwap’s (SUNDAE) has faced several congestion issues but remains an exciting project.

• Listing on Bitrue, one of the leading crypto exchange platforms in the world will boost SundaeSwap’s (SUNDAE) in a huge way.

Data Source: Tradingview 

SundaeSwap’s (SUNDAE) – What will the listing bring

When you look back into history, when tokens are listed in some of the leading crypto exchanges out there, they often see a sharp surge in the price. This is not to say that SundaeSwap’s (SUNDAE) will do the same. 

But the fact that it’s getting a node to trade on Bitrue suggests that other high-profile exchanges will also follow suit. This can only be positive for the token. 

Besides, this is a coin that is not yet available for trading. This gives investors the chance to get in early. There will be a surge of course, in pricing if SundaeSwap’s (SUNDAE) follows the same path other newly listed tokens have.

Is SundaeSwap’s (SUNDAE) worth buying

There are two main reasons that make SundaeSwap’s (SUNDAE) worth buying. First of all, it is the main DEX platform on Cardano. This is a huge thing, and as the adoption of the Cardano chain continues to grow, there will be more value for Sundae Swap. Also, it is worth pointing out that this coin is new and fresh. It has had its fair share of challenges, but it is bouncing back stronger.

The post SundaeSwap’s (SUNDAE) to list on Bitrue starting next month – Here is why you should consider buying appeared first on Coin Journal.

There are many ways to make money in the crypto market. But most of these ways require that you are an active investor, looking at charts daily and making moves. But it is also possible to make passive income in crypto, and here is how:

• You can stake certain crypto assets and earn a return annually of somewhere between 10 and 25%.

• You will also find chances to fund new projects in crypto and earn some early investor rewards.

• NFTs, which are fairly recent, also give you the chance to earn some passive income wherever you are.

Well, if you have been looking for ways to earn some additional money with crypto, the following coins are perfect:

Compound Finance (COMP)

One of the easiest ways to earn passive income in crypto is to lend your digital assets for a small interest. Now, this can feel like a very complex process. But do not worry. Compound (COMP) is here to make sure you have an easy time. 

Data Source: Tradingview 

The platform simply gives you the tools you need to spread out your capital and earn decent interest on it. In fact, as of now, there is over $11 billion worth of capital already invested.

Celsius Network (CEL)

The Celsius Network (CEL) is one of the best coins for staking. Proof of stake blockchains are now very common, and owners of crypto assets can earn rewards by verifying blockchain transactions. This is called staking and with Celsius, you can actually earn returns of up to 20% every year.

SwissBorg (CHSB)

Based in Switzerland, SwissBorg (CHSB) hopes to democratise wealth management and make it more community-driven. The platform also offers a great chance for investors to earn yields through its native token. In fact, you can earn as high as 20% in yields from your staked assets. You also earn 2x more if you stake the CHSB.

The post The best cryptocurrencies to buy for easy passive income appeared first on Coin Journal.

There seem to be a lot of cryptocurrencies coming out almost every day. But in recent months, blockchain gaming tokens have attracted the attention of many investors, and for good reason. Here is why:

• Blockchain gaming is going to be huge in the coming years and those who get in early will benefit.

• With the upcoming growth of the metaverse, blockchain gaming tokens have the potential to become hot.

• Also, a big portion of these tokens tends to be low microcap coins with the potential to expand fast.

For investors who are looking for the next big coin in the blockchain gaming space, here are a few coins to consider:

Polygon (MATIC)

Now, Polygon (MATIC) is not a gaming token, but the way the chain is positioning itself to take advantage of the gaming world is interesting. The Polygon foundation has for example made several investments in metaverse and blockchain gaming projects. 

Data Source: Tradingview

We also expect that the chain will see a huge share of blockchain games coming to it more than any other blockchain. This positions MATIC to win big if blockchain gaming explodes.

Want to learn how to safely invest in Polygon? Check out our comprehensive Polygon buying guide here or purchase from our recommended platform below!

Atlantis world (ATIS)

Atlantis World (ATIS) is an upcoming web 3.0 social metaverse that incorporates various aspects of blockchain gaming into its system. The platform will begin beta testing in February 2022 with the hope of launching a few weeks later. Its native utility token will be known as ATIS and can be used for staking as well. The game is built on Solana (SOL).

League of Kingdoms

League of Kingdoms is a multiplayer strategy game that allows users to earn and trade NFTs. At the time of writing, the game had over 400,000 active daily users. How it has managed to go under the radar is beyond understanding. If you are looking for the next Axie Infinity, then League of Kingdoms is worth a look in.

The post The best upcoming gaming tokens to put on your portfolio appeared first on Coin Journal.