Kategorie: Altcoin News

Splintershards (SPS), one of the leading blockchain play-to-earn gaming platforms, has reached another huge milestone. As a result, its native governance and utility token SPS has been surging in the last few days. Here are some of the details:

• Splintershards (SPS) has now reached over 2 billion in games played

• The milestone indicates Splintershards growing dominance in this area.

• The native SPS token has been surging as a result in the last few days.

Data Source: Tradingview 

Splintershards (SPS) – Where will the momentum go?

Reaching 2 billion in total games played is no easy feat. The play to earn space within blockchain has seen immense growth of course. With this boom in P2E expected to continue in 2022, we expect Splintershards (SPS) to surge even further. 

Also, Splintershards (SPS) has confirmed that it sold millions of new cards in a live unboxing event that was held for its loyal fans a week ago. Despite this, at the time of writing, the price action appeared to have stagnated a bit. 

It seems like investors have started to price in the 2 billion milestones. While we expect SPSs to see more bullish momentum, in the days ahead, at some point before the end of next week, it will plateau before it retreats.

Is Splintershards (SPS) the future of Play to Earn?

A lot of investors are looking for new and promising opportunities in GameFi. This industry is likely going to be a huge part of the blockchain ecosystem. But even though new projects can be exciting, sometimes it’s also nice to look at tried and tested solutions. 

Splintershards (SPS) has been around since 2018 and continues to achieve milestone after milestone. As the GameFI revolution takes shape, SPS will be at the center of it all. Besides, the token has a market cap of $62 million so there is a lot of growth possibilities.

The post Splintershards (SPS) hits 2 billion in games played – Coin is surging as a result appeared first on Coin Journal.

• IoTeX inked a deal with Google for global expansion.

•  The IoT market is growing at a CAGR of 20%, which is a plus for IoTeX

• The broader market is bullish, which is a plus for crypto with strong fundamentals like IoTeX 

The cryptocurrency market has turned strongly bullish over the past week. IoTeX is one of those that have gained the most momentum and is up by over 20% in the last 48-hours alone. While this has a lot to do with the upside momentum across the market, IoTeX internal fundamentals are also a factor and we could see IoTX keep hitting higher prices both in the short term and long term.

IoTeX IOTX/USD has positioned itself as one of the leading cryptocurrencies taking blockchain technology to the fast-growing IoT market. Through IoTeX, users of IoT devices can have more control over their data and interact with the internet more securely. 

With the IoT market now worth $308.97 billion and expected to grow at a CAGR of 25% up to 2028, it’s a market all set to be worth trillions of dollars in the coming decades. For this reason, IoTeX has been inking high-profile partnerships that are likely to play well into its price dynamics in the future.

Earlier in the month, it emerged that IoTeX was teaming up with Google to reach the global market better. According to the founder of IoTeX, adoption is growing at a rate of 20% a month, and with the partnership with Google Cloud, expansion can happen at an even more accelerated rate.

IoTeX price consolidates after pump

Source: TradingView

After a massive pump on March 21st, IoTeX has been consolidating over the last few days. It continues trading between $0.104 and $0.10, but buying volumes are rising. If IoTeX has enough volumes to break the $0.104 resistance, it could test $0.15 pretty soon.

Summary

IoTeX has been one of the top crypto performers in the last few days. This has a lot to do with the pump across the market and IoTeX fundamentals that include a partnership with Google. IoTeX buying volumes are rising while the price consolidates, which points to a potential breakout in the short term. 

The post IoTeX price action points to a potential breakout – What could trigger it? appeared first on Coin Journal.

The crypto market has had very high volatility during the first quarter of the year. In March, we saw some decent upswings albeit markets remained very risk-averse. Despite this, there is one token that has been seeing incredible gains. Waves (WAVES) has been the star of March, and here is why.

• The coin has gained over 240% in the last 30 days or so.

• Waves has also outperformed the entire crypto market by a huge margin.

• The coin is now ranked among the top 50 biggest crypto assets.

Data Source: Tradingview

Waves (WAVES) – Where will it go next?

There have been several factors that have pushed Waves in recent weeks. More so however is the increased total value locked or TVL in some of the ecosystem projects. For example, The Neutrino Protocol, an innovative DeFi tool kit built on the Waves network has seen its TVL rise by nearly 350% in the last month alone. 

There was also an announcement that Waves was planning to launch Waves 2.0, a much improved and efficient network. The announcement was made on February 11, and while the coin has had volatility since then, its overall trend has been upward. 

Waves is looking at adding EVM compatibility with Waves 2.0, something that will bring cross-chain interoperability into the platform. The coin is expected to continue seeing this decent uptick in the near term. It could surge above the $3.3 billion market cap quite substantially.

Is it time to buy Waves (WAVES)

Waves (WAVES) has been doing very well to enhance the appeal of its ecosystem towards developers. It is also allowing a lot of innovative DeFi products to come to its protocol. The future is indeed bright, and it is likely we are going to see superb long-term value. As a result, it would make a lot of sense to buy the coin.

The post Waves (WAVES) gains over 240% in the last month alone appeared first on Coin Journal.

Play-to-earn games have been quite popular in the blockchain in the last 12 months. There is no doubt this is a unique trend, and we expect games to become more integrated into the metaverse in the future. After all, the metaverse brings in new possibilities for blockchain gaming, and here is how:

• The metaverse will help create a gaming economy in digital ecosystems.

• The integration of AR and VR in gaming will be possible with the metaverse.

• The Metaverse is likely to change interactions between gamers forever.

Well, for investors who are looking for undervalued gaming coins that are fully integrated with the metaverse, we have three options below to consider:

Star Atlas (ATLAS)

While everyone else has been talking about Axie and Sandbox, Star Atlas (ATLAS) has been quietly building up its terrestrial game and bringing in a lot of active monthly users. The game is set in a virtual terrestrial world where players build spaceships to fight for the control of space. 

Data Source: Tradingview

It offers one of the most incredible immersive gaming experiences thanks to its strong virtual reality. ATLAS is the in-game currency within the Star Atlas universe. It is also the governance token for the platform, and it is a great investment for people looking for metaverse gaming.

Alien Worlds (TLM)

Still, in the world of terrestrial dominance and outer space, Alien Worlds (TLM) is another metaverse gaming token that offers augmented and virtual reality as well. The good thing about this token is that it also integrates some aspects of DeFi. There is also a fully integrated NFT marketplace.

MetaBlaze (MBLZ)

MetaBlaze (MBLZ) is a relatively newer metaverse token that is hoping to create increased metaverse utility in both gaming and entertainment. The coin so far appears to have a decent list of backers and investors. It is something you should keep an eye on.

The post Metaverse gaming: 3 Undervalued coins under the radar appeared first on Coin Journal.

• Oasis Network has an ongoing Hackathon that has drawn a lot of investor and developer interest into the project. 

• Oasis aims to become a leader in the private smart contracts space, the next growth phase in DeFi. 

• Oasis is making higher lows, indicating that bulls are firmly in control. 

Oasis Network ROSE/USD is currently one of the top-performing cryptocurrencies in the past week. While it has eased up today due to a correction in the broader market, it is still one of those cryptos whose chart points to a potential continuation of the bull trend that had started earlier in the week.

Oasis Network’s current price action has a lot to do with the Oasis Bloom Hackathon that kicked off on March 10th. The Hackathon will run until May 2nd and comes with a reward of $200k. This has drawn a lot of interest in Oasis and is likely to keep driving interest in this project over the next couple of weeks.

Besides this short-term price action, Oasis has the fundamentals that could see it rally once the markets turn bullish again. That’s because it is operating in an aspect of the crypto market that has all the hallmarks of potential growth going into the future.

Oasis is looking to become a market leader in the private smart contracts markets. With DeFi disrupting traditional finance, it is only logical that privacy will be essential in the next wave of growth. It will give industry players the confidence to move even higher amounts of money, especially when it comes to lending and the issuance of under-collateralized loans.

Oasis making higher lows

Source: TradingView

Oasis has been on an uptrend since March 21st. It is currently making higher lows, indicating that bulls are firmly in control. With buying volumes on the rise in the broader market, Oasis could easily test $0.50 

Summary 

Oasis Network is on an uptrend and is currently making higher lows. Oasis has been outperforming the market driven by the ongoing Hackathon with a $200k reward.

The post Oasis (ROSE) making higher lows as buying volumes rise appeared first on Coin Journal.