Kategorie: Crypto Markets

The popularity of Stellar has been rising ever since a token burn two days ago. The 30th biggest coin by market cap achieved a weekly gain of around 4%.

Look no further than this short article to get the details on Stellar, such as if it’s worth buying, and the best places to buy Stellar now.

Top places to buy Stellar now

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What is Stellar?

Stellar is an open network that allows money to be moved and stored. When it was released in July 2014, one of its goals was boosting financial inclusion by reaching the world’s unbanked.

Soon thereafter, its priorities shifted to helping financial firms connect with one another through blockchain technology.

The network’s native token, lumens, serves as a bridge that makes it less expensive to trade assets across borders. All of this aims to challenge existing payment providers, who often charge high fees for a similar service.

Stellar was originally based on the Ripple Labs protocol. The blockchain was created as a result of hard fork, and the code was subsequently rewritten.

Should I buy Stellar today?

Nothing can substitute doing your own research. Any investment decision you make should be based on your market expertise, your attitude to risk, and the features and spread of your portfolio. Also consider how you would feel about losing money.

Stellar price prediction

Stellar was changing hands for around $0.17 at the time of writing. Digital Coin Price predicts 1 XML will trade for $0.24 on average this year and $0.34 in 2025. By 2030, it could average $0.80.

Price Prediction is slightly more bullish, putting the coin at an average of $0.26 in 2022. However, its longer-term prediction is quite optimistic. They forecast an average price of $0.74 in 2025 and $5.11 in 2030.

Stellar on social media

$XLM 4H chart
The most relevant resistances, signals, and moves during the next coming days.
A break-out of the descending resistance, that goes back to Nov 2021, and reclaim of $.206 will trigger move toward $.25, with stop-loss on the chart. #XLM #Stellar #Lumens #XRP #Bitcoin pic.twitter.com/tShn1Fy1Ee

— STΞLLΞR TRADING (@STELLAR_trading) March 13, 2022

The post You can now buy Stellar, which is about to break out: here’s where appeared first on Coin Journal.

Disney Pixar Pals NFTs collectibles launched on March 13 on the digital collectibles marketplace Veve, sold out within 24 hours. Crypto enthusiasts bought all the 54,995 NFTs.

The NFTs consisted of memorable moments and iconic characters created by Pixar Animation Studios. Examples of the NFT characters included Sherrif Woody, Lightning McQueen, Mike Wazowski, Edna Mode, and The House from Up.

Blind box

Users were collecting their NFTs from a blind box, meaning they purchased randomly without knowing what they purchased. They would only know what they collected/purchased after making payment.

Each Pixar piece was going for 60 gems (equivalent to $60).

Multiplying the number of collectibles by their unit prices, it is estimated that the total value of all the purchased NFTs was about $3.3 million.

Hours after the NFTs drop sold out, items on in the Pixar drop were selling for over 350 gems on the secondary market.

Veve NFTs marketplace

First, the Veve marketplace is a product of the ECOMI blockchain whose native token is OMI.

The NFTs dropped on the Veve NFTs marketplace are currently minted on GoChain blockchain, which developers claim to be fast, environmentally friendly, and completely compatible with Ethereum (ETH).

NFTs on Veve are traded using Gems, which are Veve’s in-app tokens. Gems are exchangeable for digital assets on a ratio of 1:1 to the dollar. Currently, it is not possible to directly convert Gems into fiat but the possibility of doing so is in the testing phase.

Since Veve is a product of ECOMI Gems are somehow connected to the OMI token. Whenever an NFT is bought using Gems, 100% of the equivalent value of OMI tokens is burnt while the purchased NFT is transferred to the account of the new owner.

It is important to note that OMI tokens can be converted into Gems but Gems cannot be converted into OMI tokens mainly because doing so would reduce the price of OMI.

The post Disney Pixar Pals NFTs launched on Veve sells out shortly after launch fetching $3.3M appeared first on Coin Journal.

The Tesla and SpaceX CEO, however, feels rising inflation makes “physical things” like homes and stocks in companies „with good products“ better investment choices.

Elon Musk has said he isn’t going to sell his crypto holdings in Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE).

Musk, whose first purchases of Bitcoin coincided with the onset of the 2020-2021 bull market, however, does appear to favour investments in “physical things” amid rising inflation.

The Tesla and SpaceX CEO noted this on Monday, tweeting that real estate or stocks of companies making „good products“ could be better than dollars given the high inflation.

US inflation has paced at its fastest rate year-over-year, with February’s data pointing to a 7.9% reading. It’s the highest level at which prices have risen in 40 years, with pandemic-era monetary and fiscal stimulus a key driver that has only been exacerbated by the war in Ukraine.

„As a general principle, for those looking for advice from this thread, it is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high,“ Musk noted in the Twitter thread.

„I still own  and won’t sell my Bitcoin, Ethereum or Doge fwiw,“ he added.

His comments come as the global markets face significant selling pressure amid sanctions against Russia for invading Ukraine.

Bitcoin slipped alongside in the days after the invasion, while a ban on Russian oil exports pushed oil prices to multi-year highs. Prices of gold, palladium, copper also rose significantly.

Bitcoin is up 1.3% over the past week, currently near $38,200, while Ethereum (ETH) is just under 1% and Dogecoin has declined 5% this past week. 

Meanwhile, European shares are trending higher in early deals amid optimism over talks between Ukraine and Russia. 

Oil is down about 5% after last week’s ban on Russian exports and a major lockdown in China due to a new surge in Covid infections.

The post Tesla CEO Elon Musk: I won’t sell my Bitcoin, Ethereum and Dogecoin appeared first on Coin Journal.

The crypto market was mostly lower over the past 24 hours, with the majority of the top 10 cryptos registering losses. 

The UK100 (+3.76%) rose strongly last week as fresh economic data showed the UK economy to be performing better-than-expected.

US stocks suffered one of their worst weeks so far in 2022 last week as the ongoing war in Ukraine caused investors to dial down their risk appetite.

Tech stocks were among the hardest hit, with household names such as Apple (-5.17% last week), Microsoft (-3.38%) and PayPal Holdings (-3.34%) all losing ground.

Top cryptos

Terra is the biggest top 10 winner again, up 8% at time of writing. This might be due to ETH whales accumulating Wrapped Luna en masse to gain exposure to the Terra ecosystem. Last week, whales purchased more than $70,000 of Wrapped Luna, the wrapped version of Terra’s token.

Bitcoin was down around 1%, trading below $39,000 at time of writing. Ethereum registered small losses, and XRP and Solana were down around 3% and 2%, respectively. On the upside, Cardano registered gains of around 2%.

Dogecoin is trending after Elon Musk announced he wouldn’t be selling any coins. However, this failed to reflect on its price.

Top movers

Most top 100 coins lost 1-3% of their value. Fantom is down 5%, still reeling from the developer exit last week. Chiliz has lost 6%.

On the upside, THORChain and privacy token Zcash gained 8% resp. 4%. THORChain has had an extended rally recently. The Graph is also up by around 4%.

Trending

The live HydraMeta price today is $0.00077 with a 24-hour trading volume of $1 million. HydraMeta is up 1,483% in the last 24 hours.

Through this platform, users can buy and sell in different blockchain markets without transferring to other cryptocurrency wallets, which further reduces the fees on cross-chain transactions such as ETH and BSC.

MovieBloc, a decentralized movie and content distribution platform, continues to rally. Its token MBL has been soaring ever since it was listed on crypto.com last week. Today, its price more than doubled, adding another 137%.

The post Highlights March 14: Crypto markets mostly lower, strong week for London-listed firms appeared first on Coin Journal.

Dogecoin is trending after Elon Musk commented publicly he would not sell any of his holdings. The trend has affected almost all canine-themed cryptocurrencies, of which there is no shortage in the market.  

Don’t look any further for all the details around Dogecoin, if it’s worth investing in, and the best places to buy Dogecoin today.  

Top places to buy Dogecoin now

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What is Dogecoin?

Dogecoin features a Shiba Inu on its logo. The open-source digital currency was forked from Litecoin in December 2013. Its creators envisioned it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, being based on a dog meme.

Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin. Indeed, its success is closely intertwined with the billionaire’s passion for it.

He began tweeting about Dogecoin in early 2021. His sharing of a Lion King DOGE meme propelled a rally, culminating in his appearance on Saturday Night Live.

The altcoin has a block time of one minute and uncapped total supply, which means that there is no limit to the number of Dogecoin that can be mined.

Should I buy Dogecoin today?

Nothing can substitute doing your own research. Any investment decision you make should be based on your market expertise, your attitude to risk, and the features and spread of your portfolio. Also consider how you would feel about losing money.

Dogecoin price prediction

Analytics Insight quotes experts as saying the price of DOGE will be $0.56-$0.58 in 2025, up from $0.11 at the moment. If this prediction pans out, the average price of Dogecoin would be around $1.79 in 2028 with the potential to reach $2.13.

Dogecoin on social media

If you had sold your #dogecoin at ATH, now you could buy more than 6.5x doge shit. pic.twitter.com/wRwMs68CHX

— Vijay (@aadupuli) March 14, 2022

The post Best places to buy Dogecoin, the reigning champion of dog-themed meme coins appeared first on Coin Journal.