Kategorie: Altcoin News

The metaverse is seen as the hottest trend in crypto right now. The big tech giants of our time are pouring money into this idea. In the coming years, the metaverse will be a reality. But we are also seeing NFT and metaverse integration as well. Here is why this makes sense:

• NFTs provide the basis for owning metaverse items

• The NFTs are also used to bring more utility and value into the metaverse.

• NFTs are also important in creating multiple revenue verticals in the metaverse.

Well, in case you are searching for crypto projects that integrate NFTs and the metaverse together, here are the top 3 coins to consider.

Terra Virtua (TVK)

Terra Virtua (TVK) is an upcoming metaverse project that is looking to transform how people interact with digital collectibles. The project uses augmented and virtual reality to create an immersive digital experience. 

Data Source: Tradingview 

This is where people can buy and sell NFTs, engage in social and gaming activities and so much more. The official governance and utility token of Terra Virtua is known as Kolect (TVK). At press time, the coin was trading at $0.107 with a market cap of $75 million.

Axie Infinity (AXS)

Axie Infinity (AXS) is not a new name per se in the metaverse sector. In fact, this project started like a play-to-earn game but has since tried to bring other metaverse-related features into its ecosystem. It was one of the hottest projects to buy in 2021. While much of that growth has stagnated, the future is still bright for AXS.

Wilder World (WILD)

Wilder World (WILD) is a 5D gaming universe that looks to deliver immersive and action-packed gaming experiences for all users. The project also lets users buy digital items, including condos, cars, and so much more. All these things are backed by NFTs as well. The native token WILD is trading at $1.18.

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Despite various bearish predictions over the last three weeks, Solana (SOL) has remained quite resilient. The coin has lost and regained important support zones and now it seems like it is finally ready to rise again. But how feasible is the $100 mark? More details to follow but these are the facts you need to keep in mind:

• Solana is looking to test overhead resistance of $90.

• A close above that price will push the altcoin higher than $100 in the near term.

• At press time, Solana was trading at $85, down around 4% in 24-hour trading.

Data Source: Tradingview 

Solana (SOL) – how fast can it hit $100?

Solana (SOL) has shown some impressive resilience. Although the analysis in recent weeks was very bearish, SOL bulls have come out strong. As a result, the altcoin has regained several key support zones in the last week or so. 

The biggest challenge now will be to find enough momentum to push through $90. If bulls do this, then the coin will surge above $100 in the near term. At the time of writing, SOL was trading at $85.

Despite this, in previous sessions, the zone between $90 and $95 has proved to be a crucial supply area. Every time SOL has managed to hit this threshold, it has repeatedly pulled back. But this time around, it is likely that bulls will convert $90 – $95 into a short-term demand zone to support the rally above $100.

What is the long term outlook of Solana (SOL)

Recent headwinds in the crypto market have made a lot of coins weaker. Solana in particular has fallen from its 2021 highs of nearly $200. 

But this does not change the long-term outlook of this altcoin. SOL is still destined for great success and is one of the “blue chip” crypto tokens you can buy.

The post Solana (SOL) is targeting $100 in the days ahead – Here is how this will happen appeared first on Coin Journal.

Apecoin (APE) appears to be the next big crypto in town, at least based on the performance over the last few days. The token, which is linked to the Bored Ape Yacht Club NFT project, has been surging today, and it doesn’t seem like it’s about to stop. Here are some of the details:

• At press time, Apecoin (APE) was up nearly 80% in 24-hour intraday trading

• The coin just launched a few days ago on FTX

• It is the native token for the Bored Ape Yacht Clube NFT project.

Data Source: Tradingview 

Apecoin (APE) – where does it go next?

Apecoin (APE) was listed on the FTX exchange for the first time. As with many initial launches, there was a lot of volatility. In fact, at one point APE was trading as high as $40, only to crash to $6.3. But that early volatility has started to ease off. 

APE is consolidating its demand and at press time, it had surged by over 85%, trading at around $14.3. The Apecoin is one of the major NFT coins released this year. It is linked to the Bored Ape Yacht Club or BAYC, an NFT collection that has seen sales hit millions of dollars. 

The 85% surge today is likely to pull back as early investors cash in. We expect APE to finally stabilize between $10 and $12 by the start of the week.

Is Apecoin (APE) worth buying?

NFTs are no doubt capturing the imagination of a lot of investors. After they reported a lot of growth last year, it is likely that in 2022 and even beyond, NFTs will become a huge part of the crypto industry. 

In that case, projects that give you more exposure to NFTs are always highly recommended. The Apecoin (APE) is a perfect example of such a project. The fact that it’s also new also makes it a good option.

The post BAYC’s Apecoin (APE) surges by over 80% just a few days after launching appeared first on Coin Journal.

Lucky Block (LBLOCK) has been surging today. Although most coins in the market are posting some gains, LBLOCK is on another level. But could this signal a sustained bullish run that will take the coin to $0.1? It remains to be seen, and here are some facts to keep in mind:

• Surging to $0.1 will mean Lucky Block (LBLOCK) will grow nearly 100x.

• It’s the second day in a row the coin has posted double-digit gains.

• At the time of writing, it was trading at $0.0048, up around 20%.

Data Source: Tradingview 

Lucky Block (LBLOCK) – is $0.1 a bridge too far?

Well, Lucky Block (LBLOCK) is a coin that has a lot of potentials. But for it to hit $0.1, it will need to deliver gains of almost 100x. This is not unprecedented in crypto, but there are many barriers right now. 

The key thing to note though is that Lucky Block (LBLOCK) has actually not been listed in any of the major exchanges out there. This gives it huge upside potential. Typically, coins can explode in value once they start to enter the main exchange platforms.

Lucky Block (LBLOCK) is also undervalued. It has a market cap of around $140 million, but it could be bigger. The road to $0.1 is not impossible. But it will take a bit longer. This is because conditions in the market right now are not that good.

Is Lucky Block (LBLOCK) a good asset?

Lucky Block (LBLOCK) is trying to build a global lottery using the power of blockchain technology. It’s an innovative concept that could open the door for more betting-related services. 

Based on that alone, it looks like a decent buy. Besides, the project has been attracting a lot of capital and backing from investors. It’s only a matter of time before it becomes huge in the crypto market.

The post Lucky Block (LBLOCK) is surging today – Here is the road map to $0.1 appeared first on Coin Journal.

As the crypto market shows some bullish signs today, 1Inch (1INCH) had posted impressive gains in 24-hour intraday trading. But those gains have pulled back. The coin was under a lot of pressure in recent weeks. It seemed for a moment things were finally looking up. But how far can today’s rally go? Here is what you need to know first:

• 1INCH still remains bearish despite the recent surge in the price.

• The coin has lost 85% from its all-time highs too.

• At the time of writing, 1INCH was trading at around $1.49

Data Source: Tradingview 

1Inch (1INCH) – Predictions and analysis

It’s not that long ago when 1INCH was hitting an all-time high of $8.29. This in fact happened at the end of 2021, and there was a lot of hope that 2022 could be huge. But things have not really taken off. 1INCH has now tanked, and at one point, it was just hovering around $1.

But there are signs things may start to turn. First, the coin has managed to cross over a crucial overhead resistance of $1.39. 1INCH has consolidated above that price and is now trying to trigger sufficient demand for a bullish break. But we do not see enough upside right now to push the token above $3.

It will take time before those $8.39 highs are repeated. But in the short term, 1INCH could still hit $3 before it pulls back once more.

What is the value of 1Inch Network (1INCH)?

1Inch Network (1INCH) is a network that hopes to create a collection of fast-growing decentralized protocols. The aim is to provide a robust infrastructure where people or organizations can launch innovative blockchain solutions. 

The project has received a lot of investment and still has some potential to deliver real gains in the long run. It currently has a market cap of around $600 million.

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