The 7 Best Play-To-Earn Games For 2022

Play-to-earn gaming is a revolution set to shake up the gaming industry for good. Instead of players buying in-game items they can never actually own, play-to-earn puts ownership front and center, allowing gamers to profit directly from the games they play. 

If you’re searching for the best play-to-earn games, we’ve got your back. In this article, we’ve listed seven of the best P2E games that are leading the way in the future of gaming. Let’s dive right in.

1. Metacade (MCADE) – the Place for Discovering the Best P2E Games

Metacade is a community hub for discovering, earning more from, and influencing the world of play-to-earn games. It’s a platform that aims to be the number one destination in Web3 for players, crypto fanatics, developers, and entrepreneurs to find their part in the play-to-earn revolution. 

While it’s not a play-to-earn game itself, Metacade has big plans to direct the future of play-to-earn as GameFi’s central platform. Part of this plan is in turning Metacade into the ultimate repository for finding the best play-to-earn games, and learning how to maximise your income from play-to-earn gaming. To do this, Metacade incentivises its users to share reviews, alpha, and other useful content with the MCADE token. That’s right – you can get paid for simply sharing your thoughts and expertise with the community.

That’s not the only way you can get paid with Metacade, however. You can participate in exclusive tournaments and test games for Metacade’s developer community to earn a little extra on the side. But perhaps the feature with the greatest impact on your income will be the launch of Metacade’s job board in 2024. This will allow gamers to find part-time testing opportunities, internships, and even salaried positions working with some of the best metaverse games. 

One feature that could propel Metacade to industry-leading status is Metagrants, a way for the community to fund the best play-to-earn games they want to see developed. Metagrants will see game developers going up against dozens of other competing ideas for the Metacade community to vote on. 

The winning developers receive life-changing funding to build their vision alongside their games’ most avid fans, adding their game to Metacade’s virtual arcade. One day, Metacade plans for this arcade to be filled with dozens of the best, community-chosen P2E games.

Ultimately, Metacade’s main objective is putting gaming back into the hands of the players. As you’ll see, play-to-earn gaming has enormous potential, already drawing hundreds of thousands of players that keep coming back for more. With Metacade’s plans to generate some of the best play-to-earn games the industry will ever see, it’s coming first on our list. Keep your eye on Metacade; it could easily be a game-changer.

>>> You can participate in the Metacade pre-sale here <<<

2. The Sandbox (SAND)

The Sandbox is one of the best play-to-earn games on the market today. It’s a 3D virtual world broken up into 166,464 parcels of land, represented by the LAND NFT, that can be used to build whatever the owner can imagine, like social hubs, games, or immersive experiences. Every creation is stored on the blockchain as an NFT, giving players true ownership over whatever they build. For example, unique objects made in VoxEdit are immortalised as ASSETs, enabling them to be traded for SAND tokens or used in the Game Maker.

The Game Maker is one of The Sandbox’s most powerful features. It allows anyone, regardless of their coding or development experience, to build interactive games that can be monetised with the SAND token. This has led to incredible games and experiences created inside The Sandbox’s metaverse, like Dracula’s Castle, The Walking Dead: Stay Alive, and WMG Land, an immersive theme park built by Warner Music Group. 

Given the potential of The Sandbox to allow users to monetise their creations while exploring the games and experiences built by others, it’s our second choice as one of the best play-to-earn games.

3. Axie Infinity (SLP/AXS)

Axie Infinity is a prime example of one of the best P2E games. It’s a game built around collecting, breeding, and battling cute monsters named Axies. By winning battles, completing quests, and exploring the World of Lunacia, players can earn Smooth Love Potion (SLP) and Axie Infinity Shards (AXS) – a cryptocurrency that can be sold for fiat.

Axies can also be traded on the Axie Infinity Marketplace for profit, either by investing in Axies to sell on later or by breeding your own Axies to spawn new ones. As Axies have a set of unique attributes, some are rarer than others, with the rarest selling for hundreds of thousands of dollars.

As Axie Infinity runs on both Ethereum and the Ronin sidechain, transacting on the marketplace comes with virtually no fees. Combined with the earnings made by simply playing the game, this led to a massive surge in popularity for Axie Infinity in 2021, with reports of players in lower-income countries playing the game as they earnt more than their real-world jobs! For these reasons, Axie Infinity is ranked third in our list of the best play-to-earn games.

4. Alien Worlds (TLM)

Alien Worlds is the most popular P2E game, according to DappRadar. It’s a sci-fi-based metaverse set in space, featuring a vast universe of planets that players can visit and start mining for the game’s cryptocurrency, Trillium (TLM). There are several worlds, each with 500 plots of land that can be bought and rented out to miners for a commission. The game’s objective is to expand your mining empire while completing quests and battling other players for the chance to win TLM and NFTs to use in-game.

Players can also stake their TLM tokens in a gamified system to earn even more from their time playing Alien World. Known as Missions, players lock up their tokens for a specific period (1 to 12 weeks). The greater the amount of time, the rarer the NFTs earnt from staking. There are even planetary DAOs, which allow the planet’s citizens to have their say in key decisions that affect each world.

These features have attracted a massive user base to Alien Worlds, with over 200,000 players interacting with the game daily! This prompts us to put it as our fourth choice for the best play-to-earn games.

5. Splinterlands (DEC)

Splinterlands is a trading card game that has quickly climbed the ranks to become one of the best P2E games. It features one-to-one battles that see your cards battling it out in a style not dissimilar to Magic: The Gathering in order to rank higher on your level’s leaderboards. At the end of the in-game seasons, you’re paid Dark Energy Crystals (DEC) based on how high you rank. DEC can then be used to buy better cards, increasing your chances of winning and levelling up.

These cards can be bought and sold in-game and on third-party marketplaces, thanks to each card being its own NFT. The price of cards can range from 0.01 up to 1 ETH for some of the best cards, each with different stats that make them more or less valuable. 

An entire rental market has even opened up to help players climb the ranks while offering a passive income for those renting the cards! Splinterlands is the second most popular play-to-earn game, just before Alien Worlds, with nearly 350,000 monthly active users, according to DappRadar. This makes putting Splinterlands at number five in this list of the best play-to-earn games an easy choice.

6. Gods Unchained (GODS)

Gods Unchained is another P2E trading card game that allows players to earn the GODS token by simply playing the game. The gameplay takes place in an arena that sees players taking turns to deal damage to the other player’s 30 cards, summoning monsters and casting spells along the way.

The game has some earning mechanics that easily make it one of the best P2E games. The first is by simply winning games, which rewards players with Flux, an in-game currency. Flux can be used to rank up or upgrade cards, which can be sold on for a profit. Ranking up increases the amount of Flux you can earn after each match, meaning you can quickly gain better cards to win one of Gods Unchained’s weekly tournaments. By winning these tournaments, you earn card packs, giving you more cards to trade. 

Gods Unchained’s motto is “if you can’t sell your items, you don’t own them,” a powerful message to the game’s players that ownership is in their hands. As a whole, Gods Unchained is one of the best play-to-earn games out there, coming sixth on our list.

7. Farmers World (FWW/FWF/FWG)

Farmers World is one of the most popular play-to-earn games, amassing over 100,000 weekly players, according to DappRadar. Farmers World is a passive mining game with the goal of mining three in-game tokens: Wood (FWW), Food (FWF), and Gold (FWG).

To start farming, you need tools, which can be bought and sold as NFTs or crafted using raw materials. Once you have your tools, you can choose which area you want to focus on, like raising animals, chopping wood, or mining for gold. Each tool has its own durability index, requiring Gold to repair. You also need energy to continue mining, giving players the challenge of balancing resources, energy, and mining.

There are also Member cards, which are NFTs that can be applied to your character to mine more resources, increase the number of tools you can carry, and more, effectively allowing you to up your earnings while playing. These cards can fetch hundreds and even thousands of dollars.

Despite being one of the more passive games on our list of the best P2E games, it’s still gained a respectable user base that’s earning just by logging in and adjusting their mining! For this reason, it comes seventh on our list as one of the best play-to-earn games.

Metacade (MCADE): Hosting the Best Play-To-Earn Games

With plenty of fantastic games on this list, it’s hard to know where to start if you’re looking to make the most of play-to-earn gaming. But if you’re seeking to maximise your gains from play-to-earn, then Metacade should clearly be your first choice. 

Given that Metacade is literally a meta platform for finding and playing the best play-to-earn games, it’s effectively a direct investment into the future market of play-to-earn gaming. Regardless of any one game’s performance, the platform will always be there as a beacon of play-to-earn. With its token still in presale, Metacade represents a staggering investment opportunity to jump in early on what could be the future centre of blockchain-based gaming. 

You can participate in the Metacade pre-sale here.

The post The 7 Best Play-To-Earn Games For 2022 appeared first on CoinJournal.

Best exchange cryptocurrencies to buy this week

  • UNI and SUS are native tokens of the leading decentralised exchanges and have been performing well today.

  • BNB is underperforming today but could rally higher over the coming days. 

  • The total crypto market cap could reach the $900 billion mark in the near term.

The cryptocurrency market is trading in the green zone for the second consecutive day this week. The total market cap stands above $850 billion and could rally higher over the next few hours.

With most cryptocurrencies performing well this week, we will focus on exchange-based tokens and look at the top five you can buy before the end of the week.

Top five exchange tokens to buy this week

Uniswap (UNI)

UNI, the native token of the Uniswap decentralised exchange, is one of the best-performing exchange tokens this week. The token has added more than 4% to its value in the last 24 hours. At press time, the price of Uniswap stands at $5.73 per token.

UNI is an excellent choice because Uniswap remains the number one decentralised exchange in the world, processing over $700 million in daily trading volume. 

Where to buy Uniswap now

eToro

eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

Buy UNI with eToro today

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy UNI with OKX today

Sushiswap (SUS)

Sushiswap is the second decentralised exchange to make this list. SUS powers the Sushiswap exchange and has been performing well over the last 24 hours. The token is up by more than 4% in the last 24 hours and is now trading at $1.41. 

Uniswap remains ahead of Sushiswap, with Sushiswap processing roughly $20 million in daily trading volume. However, its SUS token is still a leading exchange coin. 

Where to buy Sushiswap now

eToro

eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

Buy SUSHI with eToro today

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy SUSHI with OKX today

Cronos (CRO)

The native coin of the Crypto.com cryptocurrency exchange is also trading in the green zone today. Cronos is up by less than 1% in the last 24 hours but could rally higher over the coming hours and days.

At press time, CRO is trading at $0.06447. Crypto.com is one of the top 20 cryptocurrency exchanges by trading volume and processes more than $220 million daily. 

Where to buy Cronos now

Skilling

Skilling is a Scandinavian based cryptocurrency broker which has a desktop website as well as apps for iOS and Android devices. It supports over 50 cryptocurrencies and it has a demo account to allow users to gain familiarity with the platform. Skilling has no hidden fees, it is an officially regulated broker and it supports a wide range of payment methods.

Buy CRO with Skilling today

CoinEx

Founded in December 2017, CoinEx is a global and professional cryptocurrency exchange service provider. CoinEx supports multiple languages and are providing global trading services in nearly 100 countries/regions.

Buy CRO with CoinEx today

Binance Coin (BNB)

BNB, the native coin of the Binance cryptocurrency exchange, is also one of the exchange tokens to consider. At press time, the price of Binance Coin stands at $300.19, down by 1% in the last 24 hours.

Binance is the world’s leading crypto exchange. Earlier today, the exchange announced that it had acquired the Japanese-regulated Sakura Exchange BitCoin. Thus, allowing Binance to operate legally in Japan following its exit from the country four years ago. 

Where to buy Binance Coin

eToro

eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

Buy BNB with eToro today

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy BNB with Binance today

KuCoin Token (KCS)

The last token on this list is the KuCoin Token (KCS). Similar to BNB, KCS has been underperforming so far today. However, it could recover and rally higher in the coming hours or days. 

KCS is currently trading at $6.71 per coin. KuCoin is the fourth-largest crypto exchange and processes nearly $500 million in daily trading volume. 

Where to buy KuCoin Token now

Skilling

Skilling is a Scandinavian based cryptocurrency broker which has a desktop website as well as apps for iOS and Android devices. It supports over 50 cryptocurrencies and it has a demo account to allow users to gain familiarity with the platform. Skilling has no hidden fees, it is an officially regulated broker and it supports a wide range of payment methods.

Buy KCS with Skilling today

The post Best exchange cryptocurrencies to buy this week appeared first on CoinJournal.

Top 11 Metaverse Crypto That Will Make You a Fortune in 2023

As 2023 comes into focus, it brings with it a world of opportunities to invest in some of the top metaverse crypto for both short and long-term holding. While the great crypto crash has reset values across the board, the investment opportunities which are arising have actually never been better.

2023 will bring with it the rise of some of the best metaverse crypto gains yet, both new and old. While it may take some older metaverse crypto projects longer to regain their once lofty highs, newer metaverse projects have a realistic chance to see dramatic gains in 2023.

The Future of the Metaverse

2022 was a rough year for projects and platforms across the whole crypto sphere. Metaverse tokens soared towards the end of 2021 but tanked during the first half of 2022. 

Non-fungible tokens (NFTs) lost virtually as much value as fungible currencies like Bitcoin. Nevertheless, 2023 is poised to post record gains in the Web3 space, as GameFi is set to explode, bringing the value of NFTs and metaverse projects up with it. 

Gaming is becoming increasingly integral to our culture, evidenced by the global gaming market set to surpass $250 billion by 2025. With the rising popularity of the metaverse, online gaming, and the play to earn opportunities of GameFi – some of the top metaverse crypto are set to become fortune makers.

11 Top Metaverse Crypto Opportunities

  1. Metacade (MCADE) – Community Run GameFi Hub

  2. Decentraland (MANA) – Virtual World Builder

  3. Quint (QUINT) – Boutique NFT Marketplace

  4. Sandbox (SAND) – Virtual World Creation

  5. MetaHero (HERO) – Real World Asset Scanner

  6. Axie Infinity (AXS) – Creature Battling Game

  7. NFT Worlds (WRLD) – Minecraft Inspired Open World

  8. Star Atlas (ATLAS) – Sci-Fi MMORPG Game

  9. Illuvium (ILV) – Open World RPG Game

  10.  Wizardia (WZRD) – Fantasy Magic RPG Game

  11. Lucky Block (LBLOCK) – NFT Lottery Game

1. Metacade (MCADE) –  Stealing the Show – Community Run GameFi Hub

With its presale just getting underway, Metacade is one of the newest and most exciting of the top metaverse crypto set to jump in 2023. A community-driven gaming hub, Metacade is the virtual arcade where users have the power to shape the future of gaming. 

Play-to-earn gaming is at the heart of Metacade but gamers will have a variety of ways to earn beyond this, including posting top games, writing reviews, entering into the freshest gaming tournaments, and staking. With the added incentive of earning from all of these contributions, the majority of wealth will go directly to the gamers themselves, as opposed to corporations.

Rewards will be given in the game’s native token, MCADE. 

Metacade community members will be able to communicate in real time, discussing and voting on changes and improvements to games. A major addition to the platform will be Metagrants, a source of funding given to game developers to turn their ideas into reality. Members will vote on game proposals and the winner will be given funding to go and bring their game into reality. 

>>> You can participate in the Metacade pre-sale here <<<

2. Decentraland (MANA) – Virtual World Builder

Decentraland is one of the original metaverse spaces, giving users the chance to purchase and own plots of digital land. They then have the ability to build up that land in any way they wish, such as by creating games or marketplaces to generate a source of income. It’s also possible to rent the land out to others. 

As one of the top metaverse crypto locations, Decentraland has gained a good reputation and a dedicated following. However, the crypto crash has dropped the value of Decentraland significantly from its all-time high and left its plots of virtual land more expensive than the market seems to currently tolerate.

3. Quint (QUINT) – Boutique NFT Marketplace

Quint is one of the more unique of the best metaverse crypto to own in 2023, as it seeks to blend the metaverse and the real world in novel ways. Like many of the other top metaverse crypto projects, it allows users to buy and sell on an NFT marketplace, stake their tokens, and play to earn. On top of this, it hosts super staking events where players can earn real world rewards such as hotel stays and restaurant discounts. 

Quint will also create a boutique marketplace that gives users the option to have NFTs printed, framed, and delivered, so that people have a physical-world use case for their digital NFT.

4. Sandbox (SAND) – Virtual World Creation

Much like Decentraland, Sandbox is a digital world where users can purchase and build on their own plots of land, giving users onus on how it is used. 

Backed by established investors SoftBank, and partnered with gaming companies Atari and production companies Lionsgate, Sandbox looks to create unique worlds (like a “Hellboy” themed project in the works) where users can explore, build, trade, and otherwise capitalize how they see fit in order to earn the digital tokens, SAND.

5. MetaHero (HERO) – Real World Asset Scanner

MetaHero is another unique addition to the list of top metaverse crypto to own in 2023. It wants to change the way the metaverse looks by creating the world’s largest and most realistic library of metaverse assets. 

To accomplish this, MetaHero will scan real-world objects and people in order to make the metaverse as realistic as possible. This means that, instead of having a digitally created avatar, you’ll have one that looks exactly like you, and be able to buy and trade items that are exact replicas of ones in the real world.

6. Axie Infinity (AXS) – Creature Battling Game

This Pokemon-inspired game gives users the ability to own, upgrade, and battle their own proprietary creatures, affectionately known as Axies, throughout a digital universe created by Sky Mavis Studio. 

Completing quests and other activities within the universe can earn players rewards, though there is a limit to the amount you can earn daily, which has led to controversial renting out of assets. Desipite the crypto crash has decimating both the value and popularity of the game, its token is still considered one of the top metaverse cryptos to own.

7. NFT Worlds (WRLD) – Minecraft Inspired Open World

This top metaverse crypto comes from a game with an open world inspired by the uber popular Minecraft, giving players a familiar feel, controls, and in-game mechanics. With a variety of different “worlds”, users can choose from a multitude of maps to explore, build, and interact with other users. 

They can create games or marketplaces where in-game goods can then be exchanged for real world value. And while not officially associated with Minecraft, it will allow cross platform compatibility, meaning that anyone with a Minecraft account can also access NFT Worlds.

8. Star Atlas (ATLAS) – Sci-Fi MMORPG Game

Star Atlas offers a gigantic multiplayer metaverse where players must choose between one of three unique factions, battling for control of territory and resources. This game combines the extensive world of an MMORPG with the earning opportunity of GameFi NFTs, allowing players the chance to earn as they engage in combat, crafting, and guild warfare. 

Players can influence the outcome of battles or explore the sci-fi universe in their custom spaceship in order to find in-game assets with real world value.

9. Illuvium (ILV) – Open World RPG Game

Illuvium combines the creature-raising world of Axie Infinity with an open-world role-playing game where users can explore a vibrant and beautiful landscape to complete quests and discover creatures called Illuvials. Illuvials have their own classes, capabilities, strengths and weaknesses, and with over 100 of them, collecting them all will take some time. 

They can also be traded amongst users, along with custom skins and other collectibles, for ILV tokens. With only 10 million tokens to ever be released, the value of ILV has a chance to increase as popularity in the game rises, making Illuvium one of the top metaverse cryptos that has a chance to skyrocket in value.

10. Wizardia (WZRD) – Fantasy Magic RPG Game

Next up on the list comes Wizardia, a popular fantasy RPG where users create their own unique characters, level them up, and upgrade their gear in an attempt to become the ultimate wizard. The game offers not just a beautiful visual style, but wild PvP and PvE battles where users must use strategy as well as strength to climb up the leaderboards of the game’s top wizards and earn WZRD tokens. With a token off its highs due to the crypto crash, Wizardia offers a discounted entry into the world of the best metaverse cryptos.

11. Lucky Block (LBLOCK) – NFT Lottery Game

Lucky Block is a different type of NFT game in the style of a lottery in which users have a chance to win frequent prize payouts that include some big time prizes, including tickets to a World Cup match and luxury cars. 

With its blockchain-tied lottery, players can be assured that the prize payout is more evenly distributed and fair, though to get the big ticket items you’ll need to purchase their Platinum Roller’s Club NFT, which of course is one of the more expensive NFTs they offer.

Top Metaverse Crypto for 2023 and Beyond

The crypto crash of 2022 has taken a hit out of the value of many of the best metaverse cryptos, which may have a negative affect on their ability to reach new highs in 2023. Fortunately, newer metaverse projects such as Metacade don’t have the negative association with the crypto crash, giving it a significantly better chance to rise in value more quickly than other metaverse crypto tokens. 

As a GameFi hub where users can interact and earn MCADE tokens from a variety of games and actions like testing, writing reviews, sharing alpha, and staking , Metacade could easily be one of the best investment opportunities to make you a fortune in 2023 and beyond. 

It’s set to become the go-to place for gaming enthusiasts and game developers will connect and create the future of metaverse gaming. Metacade provides a space that should expand in popularity and value just as quickly as people can flock to it.

With its 9 stage presale currently in full swing, 125 MCADE tokens for $1 are up for grabs in its initial stage but they will become more expensive as each stage drops, resulting in a final price of 50 MCADE for $1. There are only going to be 1.4 billion tokens available in presale, so they’re likely to sell out sharply. It’s recommended early birds to get on over there to get the best value on this metaverse gaming opportunity. .

You can participate in the Metacade pre-sale here.

The post Top 11 Metaverse Crypto That Will Make You a Fortune in 2023 appeared first on CoinJournal.

FTM soars by 10% after Fantom integrates with Ledger Live

  • FTM has been the best performer amongst the top 100 cryptocurrencies by market cap in the last 24 hours.

  • The rally comes after Fantom announced its integration with Ledger Live. 

  • FTM could rally toward the $0.270 resistance level in the near term.

Fantom integrates with Ledger Live

FTM, the native token of the Fantom blockchain, is the best performer amongst the top 100 cryptocurrencies by market cap so far today. It has added 10% to its value in the last 24 hours. 

The rally comes after the Fantom Foundation announced that Fantom had integrated with Ledger Live. 

Ledger is one of the leading hardware wallet manufacturers in the cryptocurrency space. This latest cryptocurrency news means that users can now send, receive and view their FTM directly through the Ledger Live app.

The broader crypto market has been performing well since its poor start to the week. The total crypto market cap is now above $850 billion after adding 2% to its value over the last few hours.

Bitcoin is also up by more than 2% in the last 24 hours. At press time, the price of Bitcoin stands close to the $17k resistance level. 

Key levels to watch

The FTM/USD 4-hour chart is bullish, as Fantom has been performing well in the last few days. Technical indicators show that FTM is outperforming the broader cryptocurrency market.

With the MACD line above the neutral zone, bulls are currently in control of the Fantom market. Furthermore, the 14-day relative strength index (RSI) of 84 indicates that FTM is very close to entering the overbought zone.

At press time, FTM is trading at $0.2395 per coin. With the bulls still in charge, FTM could surge past the $0.270 resistance level in the coming hours. 

However, FTM would need the support of the broader cryptocurrency market to break past the $0.30 resistance level for the first time in nearly one month. 

Where to buy Fantom now

eToro

eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

Buy FTM with eToro today

OKX

OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.

Buy FTM with OKX today

The post FTM soars by 10% after Fantom integrates with Ledger Live appeared first on CoinJournal.

Is Crypto.com token about to claim another yearly low?

  • Crypto.com token has been hit by confidence crisis post-FTX collapse

  • Massive withdrawals were reported on Crypto.com earlier this month

  • The toke trades at the lowest in the year and could fall further

It has been a low moment for crypto firm and exchange-related tokens. A prolonged crypto winter has brought a wave of liquidity crisis for most tokens. The latest FTX exchange collapse sent shock waves across the sector. For an exchange that was once ‘secure,’ investors may have learned the hard way. Crypto.com (CRO/USD) is one cryptocurrency that has suffered in the aftermath.

CRO traded at $0.0638, a yearly low. Despite holding to the level for the past two weeks, the cryptocurrency was trading with falling momentum. That comes even as the crypto exchange saw massive investor outflows, days after the collapse of FTX. Crypto.com created “proof of reserves” dashboards post-FTX saga, but that did not soothe investors.

As a confidence crisis sweeps across the crypto sector, it may take time before CRO recovers to its former self. A technical outlook shows that a new yearly low is on the horizon if buyers do not arrest the falling momentum.

CRO is under pressure at a key consolidation area

CRO/USD Chart by TradingView

The daily chart outlook shows CRO on a downward momentum. Pressure is mounting at $0.06, an area the cryptocurrency has been holding for a while now. The RSI is slightly above the oversold level.

A new bottom for CRO?

A prolonged consolidation at $0.06 gives hope that CRO could initiate a recovery. However, with the price remaining under pressure, the cryptocurrency may touch a new low. 

If the price continues lower, $0.057 is the new low to watch. A recovery above $0.075 could ignite a further recovery in the token.

Where to buy CRO

Skilling

Skilling is a Scandinavian based cryptocurrency broker which has a desktop website as well as apps for iOS and Android devices. It supports over 50 cryptocurrencies and it has a demo account to allow users to gain familiarity with the platform. Skilling has no hidden fees, it is an officially regulated broker and it supports a wide range of payment methods.

Buy CRO with Skilling today

CoinEx

Founded in December 2017, CoinEx is a global and professional cryptocurrency exchange service provider. CoinEx supports multiple languages and are providing global trading services in nearly 100 countries/regions.

Buy CRO with CoinEx today

The post Is Crypto.com token about to claim another yearly low? appeared first on CoinJournal.