Kategorie: Crypto Markets

MetisDAO (Metis) bills itself as a protocol solving Ethereum’s six biggest challenges or the S6: speed, security, simplicity, storage, security, and scalability.

If you want to know the details around MetisDAO, if it would make a valuable investment, and the top places to buy it today, you’ve come to the right place.

Top places to buy MetisDAO now

As METIS is such a new asset, it’s yet to be listed on major exchanges. You can still purchase METIS using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy METIS right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‚connect‘ your wallet to it.

4. You can now swap your ETH for METIS

Now that you’re connected, you’ll be able to swap for 100s of coins including METIS.

What is MetisDAO?

The protocol is developing Metis Rollup, an easy-to-use, highly scalable, low-cost, and fully functional Layer 2 framework to fully support the application and business migration from Web 2.0 to Web 3.0.

Its scalable protocol supports a wide range of use cases, including NFT platforms, decentralized Reddit-like social platforms, open-source developer communities, influencer communities, gaming communities, freelancer communities, DEX trading, and much more.

Metis integrates the Decentralized Autonomous Company (DAC) framework within its Layer 2 infrastructure, a differentiating factor that makes it easy for any developers and community leaders to build their applications and communities.

Metis’ goal is to make building dApps and DACs on its platform easy. Even total blockchain novices can make it happen in a matter of minutes.

Should I buy METIS today?

MetisDAO can be a lucrative investment, but you shouldn’t spend more on it than you can afford to lose because it can reverse its gains just as easily.

METIS price prediction

Digital Coin Price predicts MetisDAO will reach $170.63 by the end of the year and hit $190.44 in 2023. In 2024, 1 METIS will be worth $226.86 and $265 the following year.

In 2026, 1 METIS will trade for $244.59 and for $343 the next year. In 2028, it will go up all the way to $455. In 2029, it will change hands for $522.66.

MetisDAO on social media

MetisDAO is a cryptocurrency with a price of $ 121.90 and marketcap of $ 282,834,215. MetisDAO’s market price has increased 9.61% in the last 24 hours. It ranks 235 amongst all cryptocurrencies with daily volume of $ 69,817,932. #METIS $METIS #METISDAO https://t.co/vpXK2D8Hi5 pic.twitter.com/1nbY4Aw0px

— cryptoprx.com (@CryptoPRx1) February 14, 2022

The post MetisDAO (METIS) Price gained 14% here’s where to buy it appeared first on Coin Journal.

The live Ontology Gas price today is $0.86 with a 24-hour trading volume of $632.7 million. Ontology Gas is up 30.47% in the last 24 hours. If you are attracted to unique features and want to learn how and where to buy ONG, this guide is for you.

Top places to buy ONG now

As ONG is such a new asset, it’s yet to be listed on major exchanges. You can still purchase ONG using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy ONG right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‚connect‘ your wallet to it.

4. You can now swap your ETH for ONG

Now that you’re connected, you’ll be able to swap for 100s of coins including ONG.

What is ONG?

Ontology is a high performance, open source blockchain specializing in digital identity and data. Ontology’s infrastructure supports robust cross-chain collaboration and Layer 2 scalability, offering businesses the flexibility to design a blockchain that suits their needs.

With a suite of decentralized identity and data sharing protocols to enhance speed, security, and trust, Ontology’s features include ONT ID, a mobile digital ID application and DID used throughout the ecosystem, and DDXF, a decentralized data exchange, and collaboration framework.

Ontology adopts a dual-token model, with both ONT and ONG as utility tokens. Ontology decouples ONT and ONG to alleviate the risk of turbulent fluctuations of the native “asset” value on the gas fee.

Should I buy ONG today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.

ONG price prediction

Price Prediction is bullish on ONG. By the end of the year, they predict it will break $1, going up to $1.05. In 2023, 1 ONG will trade for at least $1.29 and for at least $1.93 the following year.

In 2025, the price of 1 ONG will be at least $2.87.

ONG on social media

#ong $ong buying here!

Targets – 25% + 35% – 50% +

Stop loss – 0.645#coinqts pic.twitter.com/LzpGmJGbLU

— CoinQTS – Investment & Trading Tips (@coinqts) February 13, 2022

The post Ontology Gas is surging, up 30% today: here’s where to buy ONG appeared first on Coin Journal.

This year started with a market plunge that saw the majority of cryptocurrencies like Bitcoin and Ethereum nosedive.

Bitcoin has, however, been trying to correct the downtrend only for the bull correction to be cut short below $45K. Today, BTC dropped by more than 4% sending Bitcoin below $44K.

At the time of writing Bitcoin was trading at $43,609.63.

Why Bitcoin price is lagging

Bitcoin price has been up and down after it dropped below $40k in January following the announcement by the FED that it was going to increase the interest rates gradually in the coming months. This followed reports that the U.S annual inflation rate has hit a 40 year high of 7% and that the interest rate will be increased for the first time in more than three years.

Currently, Bitcoin’s support level is at $42,578 and will have to reclaim $44,208 before retesting the resistance level at $45,161. If it happens to go below the support level, then it can drop to as low as $41,625, which will be a big blow to the world’s leading digital asset.

Crypto Market currently on the decline

While Bitcoin registered a drop today, other cryptocurrencies have followed suit today. Ethereum, for example, has dropped by 5% to $3,097.4.

Other Altcoins have recorded even bigger losses. Both XRP and Polkadot (DOT) have dropped by over 9% in the last 24 hours. Respectively, Solana (SOL) also dropped by 8% to trade at $106.15.

Due to the sudden downtrend, the entire market cap valuation has dropped by approximately 3% from above $2 trillion to $1.943 trillion.

Bitcoin investors are however optimistic that the coin will resume the bullish trend soon.

The post Bitcoin fails to get past $44K and loses 4% due to accelerating inflation rate appeared first on Coin Journal.

Despite most cryptos being in the red over the past 24 hours, it has been a very positive week overall. Inflation has risen to 7.5%, a higher-than-expected jump in the measure of price rises.

The NASDAQ100 fell 2.24% while the SPX500 was down 1.78% and the DJ30 fell 1.46%. The UK100 rose yesterday, popping late in the session on the back of US inflation numbers.

After cracking $90 for the first time in more than 7 years last Friday, oil has shown a correction this week, registering losses nearly every day.

Top cryptos

Bitcoin fell more than 1.5% since yesterday but will finish the week with gains of more than 10% as of time of writing. Despite retracting nearly 4% over the past 24 hours, Ethereum has also climbed around 10% over the past 7 days.

Leading the top 10 this week was XRP, with gains of more than 30% since last Friday. Today, Polygon, Solana, and XRP are all down by around 6%.

Top movers

Theta Network has been rallying since the beginning of the month, when Resorts World Las Vegas announced they were launching utility NFTs on it in a first of its kind event involving a major Las Vegas casino.

It is also gathering momentum for the large number of patents it is filing, the latest one of which they filed today. It was up 13% at the time of writing.

The live IoTeX price today is $0.12, rallying on developments in the IoT space. IoTeX’s native token IOTX has been trending the whole week and gained 10% in the last 24 hours.

At #98, Audius, a decentralized music streaming protocol, is currently trading for $1.26 with a 24-hour trading volume of $60.8 million. Audius is up 7% today. Livepeer, closing out the top 100, also added 7% to its value. Ethereum Classic continues to rally with gains of 5%.

Other than those, the situation looks bearish in the top 100. Most coins have lost between 3 and 6% today. Gala and THORChain are both down 8%, Kadena has lost 9%, and Convex Finance has shed 11% of its value. Arweave lost 9% and Waves 10%, both reversing yesterday’s gains.  

Trending

MetaPay is trending again and has added 711% to its value today. You can use the token to shop in the Metaxion metaverse. With MetaPay, users can sell the parcels and avatars they buy in the metaverse.

The post Market highlights February 11: Inflation spooks investors, cryptos to finish the week strong appeared first on Coin Journal.

Beethoven is the first next-generation AMM protocol running on the Fantom blockchain, which shows the potential of a true Ethereum killer. At the time of writing, the token was trading for $0.82 and had gained 3.58% in the last 24 hours.

This short guide will tell you everything you need to know about Beethoven: what it is, is it a valuable investment, and is this the right time to buy?

What is Beethoven?

The AMM protocol provides boosted liquidity pools, which its creators claim is a major technological novelty. Users of Beethoven can build a unique crypto index fund tailored to their asset needs.

They can collect fees from traders who rebalance funds by following arbitrage opportunities. Balancer V2 enables efficient trading by pooling crowdsourced liquidity from investor portfolios and using its unique Smart Order Router to find traders the best available price.

Users are promised that they will be able to launch tokens in the fairest way possible using an LGE. You use 80/20 BPT instead of single staking to capture market volatility with minimal impermanent loss.

Should I buy Beethoven today?

When looking at Beethoven price predictions, it’s important to bear in mind that analysts’ forecasts can be wrong. These projections are based on fundamental technical study of a crypto’s performance. Past performance is no guarantee of future results.

BEET price prediction

Digital Coin Price predicts Beethoven will go up to $1.16 by the end of the year. Their prediction for 2023 is $1.27, $1.39 the following year, $1.73 in 2025, and $1.62 in 2026. In 2027, 1 BEETS will be worth $2.20. It will have gone up to $3.44 in two years.

Check out our top Cryptocurrency price page for the most up to date Crypto movements.

Beethoven on social media

Earn triple rewards for your stables on https://t.co/t6zh85xNeh with our latest pool: Steady Beets, Yearn Boosted. 🎶

Swap fees ✅
BEETS ✅
Yearn Boosted ✅ pic.twitter.com/oMPW6zBccO

— Beethoven x (@beethoven_x) February 8, 2022

The post Beethoven, the first next-gen AMM protocol on Fantom appeared first on Coin Journal.