Kategorie: Crypto Markets

Daily headlines and news about crypto markets.

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Market highlights January 18: Cardano continues to rally, oil toys with 52-week high

The crypto market is bearish as a whole. Oil prices jumped in the past 24 hours to just under $85 as it appears that output will remain tight. At time of writing, oil was trading at $84.82, just 20 cents shy of its 52-week high.

With US markets closed due to it being a public holiday, investors’ focus shifted to Europe yesterday. The EUSTX50, representing the eurozone’s 50 largest companies, ticked up 0.7%.

Top cryptos

Cardano stood out once again among major cryptos, adding almost 3% over the past 24 hours and upping its gains to 35% in the past 7 days. These gains come ahead of SundaeSwap’s January 20th launch. It will be the first decentralized finance exchange using the Cardano blockchain.

Solana, Ethereum and BNB all slid more than 2%, and Bitcoin was trading above $42,000 at time of writing.

Terra and Polygon are the biggest losers in the top 20. Both lost 10% of their value today. Near Protocol is down 9% and Chainlink and Polkadot are down 7% in the last 24 hours.  

Top movers

Most of the top 100 biggest coins by market cap have lost between 3 and 6% of their value. Cosmos is reversing recent gains with a loss of 11% today. Fantom is close behind it, down 9%. Axie Infinity has lost 10%. 

Monero has lost just under 11% so far, also backtracking on recent wins. 1inchnetwork is down 7%.  

Trending

Knight War: The Holy Trio is an upcoming semi-decentralized, play-to-earn game in the Idle Defense Genre. Its native token MRE is up 311% as launch approaches.

Telos, a superfast and scalable blockchain focused on real world use and adoption, is one of the biggest winners of the day. It added an impressive 53% to its value.

Propy is also trending. The token was built with the vision to automate the real estate sales process. Propy is up 47% in the last 24 hours.

The post Market highlights January 18: Cardano continues to rally, oil toys with 52-week high appeared first on Coin Journal.

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Telos showing strength with impressive gain of 53% in 24 hours: where to buy Telos

Telos, a superfast and scalable blockchain focused on real world use and adoption, is one of the biggest winners today, having added an impressive 53% to its value. Look no farther than this short guide for all the details about Telos, including the top places to buy the token now.   

Top places to buy Telos now

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

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

What is Telos?

Telos has a blockchain built for speed and scalability, making it the ideal network for mainstream adoption. Telos-based tokens, NFTs, and smart contracts are used for DeFi, gaming, social media apps and much more.

Telos hosts over 100 distinct applications (dApps) including Taikai, Qudo, Qubicles, Appics, Wordproof, Seeds, Zeptagram, and NewLife.

These applications take advantage of the network speed (0.5 sec block times) and scale (10,000+ TPS) as well as the robust on-chain services that Telos provides for voting, sentiment, decentralized file storage, location and much more.

The Telos EVM is planned as the top-performing and most affordable Ethereum Virtual Machine available.  

Should I buy Telos today?

Telos is performing very well now, but current and past performance are no guarantee for future such. Take all investment advice with a grain of salt and always exercise the utmost caution.   

Telos price prediction

Price Prediction is bullish on Telos. They forecast 1 Telos will trade for at least $1.04 in 2023. The Telos price can reach $1.22 with the average price of $1.07 throughout 2023.

In 2024, 1 Telos will be changing hands for a minimum of $1.49. It can go up to $1.81 with the average trading price of $1.54. The price of 1 Telos is expected to be at least $2.13 in 2025.

Telos on social media

The post Telos showing strength with impressive gain of 53% in 24 hours: where to buy Telos appeared first on Coin Journal.

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Top places to buy MXC, which is up 8% and counting

MXC is a web3.0 infrastructure designed to connect the real world and the metaverse. Its token is riding on the coattails of the metaverse. If you want to know more about MXC, including if it would make a good investment and the top places to buy it now, you’re about to find out!  

Top places to buy MXC now

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

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

What is MXC?

The MXC network runs using supernodes on a Proof-of-Participation (PoP) mechanism, which ensures scalability and free open networks. The token is used to provision devices for the free open wireless network.

The ecosystem runs supernodes by means of NFT management, staking MXC tokens, and mining from the LPWAN and satellite networks.

MXC is also used for governance votes and Edge AI services. The former will determine allocation of network resources.

Should I buy MXC today?

MXC can definitely be worth investing in, but there’s no guarantee for the right timing. Do market research and analyze its price trajectory before you make any investment decision. Take all price predictions with a grain of salt.   

MXC price prediction

According to Wallet Investor, the price of this token will peak at $0.0862 this year, which makes MXC a rather lackluster short-term investment. They predict it will trade for $0.187 by the end of 2027, which makes it promising as a long-term one.

MXC on social media

 

The post Top places to buy MXC, which is up 8% and counting appeared first on Coin Journal.

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Propy is up 47% in the last 24 hours: here’s where to buy Propy now

The live Propy price today is $3.85 with a 24-hour trading volume of $35.6 million. Propy is up 47% in the last 24 hours. If you are attracted to unique features and want to learn how and where to buy Propy, this guide is for you.

Top places to buy Propy now

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

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

What is Propy?

Propy, a company supported by Silicon Valley leaders and the National Association of Realtors, is revolutionizing the real estate industry by deploying a novel technology.

It was built with the vision to automate the real estate sales process. The Palo Alto-based company is writing new pages in real estate history by introducing the technology to allow entirely online and self-driving real estate transactions on smart contracts.

Propy is automating the process for all participants to make closing faster, easier and more secure. The product helps brokers, agents and title companies migrate to a paperless remote closing.

With Propy, you can receive, counter, reject or accept offers instantly according to their website. You can share offer information with sellers automatically, manage all offers for all listings in one easy to use dashboard, and eliminate the need for multiple systems.

It’s also possible to audit transactions, manage documents and save on compliance costs.

Should I buy Propy 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.

Propy price prediction

Wallet Investor predicts a long-term increase of the price of Propy. The price prognosis for early 2027 is $9.14. A 5-year investment will generate revenue of around +135.12%. A $100 investment in Propy now might reach $235 in 2027.

Propy on social media

The post Propy is up 47% in the last 24 hours: here’s where to buy Propy now appeared first on Coin Journal.

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Here is why today’s biggest gainer in crypto metaverse coins, Avaxtars price surged 117%

Avaxtars (AVXT) price is currently skyrocketing. It has jumped by about 117% today hitting a daily high of $25.68.

Currently, AVXT is trading at $14.65, with a 24-hour trading volume of $3.03million. Its market cap is $2.7million, with a circulating supply of 156.8K AVXT.

Avaxtars

Avaxtars is a play-to-earn Metaverse game built on Avalanche’s C-Chain and AVXT is its native currency that was launched in October 2021.

The Avaxtars built on NFTs have every component of the game tokenized and live on the Avalanche blockchain. On the Avalanche mainnet, every Avaxter is digitally generated and recorded as a unique ERC-721NFT.

The game has features like a personal Avaxter Generation Machine (PAGM) to analyze the Digital Genetic code (DGC) of Gen1 and create new Gen2 Avaxters. This process is called Avaxtar farming that enables users to earn AVXT tokens and new Avaxters. 

For the users to start playing, they must purchase the Avaxtar from the marketplace where Gen1 and Gen2 Avaxtars are affordable between $5 and $15.

This affordability makes Avaxtars an awesome project for the new users in cryptocurrency, NFTs, and Metaverse.

Currently, users can check for the beta version of Avaxtars by connecting with a compatible wallet like MetaMask. The project is among the few that lived up to its promises at launch and became one of the most reputable Metaverse crypto coins in the market.

The game also features three different tokens that are ENXT, AVXT, and DGC. ENXT is made by providing liquidity to AVXT-AVAX pools on a decentralized exchange, AVXT that is earned by in-game mechanics, and DGC which is generated by PAGM processes.

Why is Avaxtars price rallying?

Avaxtars announced today about their partnership with the first social network on Avalanche, Kaira Network, where users can connect their Avaxtar NFTs to the network platform to create content and earn Kaira tokens as they socialize.

Although the partnership pushed for the bullish momentum of the project, the main reason for the recent price hike is the availability of an actual working product with a working growing ecosystem.

The post Here is why today’s biggest gainer in crypto metaverse coins, Avaxtars price surged 117% appeared first on Coin Journal.