Kategorie: Crypto News

Daily crypto headlines and news about bitcoin, ether, ripple, solana, altcoins, nft, market, business, analysis, nft, metaverse, minting and mining.
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JUNO (JUNO) enters top 100 crypto rank and hits all-time highs in a recent bullish surge

JUNO (JUNO) network, a smart contract platform linked to the Cosmos ecosystem is now among the top 100 cryptocurrencies by market cap. The token has also hit and surged to an all-time high as it continues this incredible uptrend. Here are so notable highlights.

  • With a market cap of around $1 billion, JUNO (JUNO) is now ranked among the top 100 coins

  • At press time, the coin was trading at $26.36, up by nearly 22% in the last 24 hours.

  • JUNO (JUNO) has also managed to hit new all-time highs and is expected to maintain this growth in the coming days.Data Source: Coinmarketcap

JUNO (JUNO) – Price action and analysis

As a layer 1 smart contract network, JUNO (JUNO) is built to solve the inefficiencies and high costs of traditional blockchains. The network is built using the Cosmos SDK but offers scalable cross-chain capabilities. 

At the time of writing, JUNO (JUNO) had surged by about 22% in a single day. It also follows other Cosmos-related tokens that have been basking on the green this week. For instance, Osmosis (OSMO), a Cosmos-based DEX for IBC token swaps, has also seen massive gains. 

The JUNO (JUNO) surge is expected to continue in the coming days, and as sentiment in the broader market improves, the price could go even further above its new ATH.

Is JUNO (JUNO) a decent investment?

Layer 1 scalable solutions are really hot right now, and it’s not hard to see why. People want faster, more efficient blockchains and these solutions help with that. The fact that JUNO (JUNO) is built on Cosmos gives it an edge. 

Cosmos (ATOM) is one of the most exciting projects in blockchains today. So, for investors searching for real long-term value, there is no doubt that JUNO (JUNO) is a very decent acquisition.

The post JUNO (JUNO) enters top 100 crypto rank and hits all-time highs in a recent bullish surge appeared first on Coin Journal.

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Telos (TLOS) hits all-time highs – Here is why more growth is still to come

After suffering major selling pressure at the start of 2022, Telos (TLOS) has rallied massively. The token has now hit an all-time high and while this is good news, there are several reasons that suggest more growth is coming. We will look at them in a bit but here are some highlights first.

  • Telos (TLOS) has surged by nearly 230% from the lowest price recorded this year.

  • At press time, the token was selling for $1.19, up nearly 17% in 24-hour intraday trading.

  • This growth has largely been triggered by new partnerships and developments at Telos (TLOS).

Data Source: Tradingview 

Telos (TLOS) – Why the bullish run will continue

In most cases, when crypto-assets hit all-time highs, they are followed by some pullback. But Telos (TLOS) appears to be running wild and looking at the underlying fundamentals, the long-term outlook is also very positive. 

The reason for this is based on how the Telos (TLOS) ecosystem has been expanding and bringing in new partners. The integration of DappRadar was a big thing but we are also seeing the ecosystem bringing in new strategic DeFi and NFT partners. Also, the integration with Anchor Wallet could be decisive as well in the future. 

Why you should buy Telos (TLOS) now?

The partnerships that Telos (TLOS) is building are designed to expand its ecosystem and create visibility in the crypto market. These are all going to be crucial in the long-term growth of this token. 

But more importantly, Telos (TLOS) has a market cap of around $320 million. This means that the coin has immense growth potential, and as long as they continue doing what they have done so far, it’s conceivable that the market cap could easily jump by a minimum of 10 times in the coming years.

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Unus Sed Leo (LEO) surges to all-time highs – But bullish momentum still remains

Despite experiencing a lot of volatility over the last week or so, Unus Sed Leo (LEO) has seen a massive uptrend. The breakout in fact took LEO to a new all-time high of $5.21. Although we do expect some pullback in the price, the bullish uptrend still remains strong. Here are some notable highlights:

  • At the time of writing, Unus Sed Leo (LEO) was trading at $5.21, up nearly 30% in 24 hours only.

  • The coin has also been surging over the past 7 days, reporting weekly gains of over 52%.

  • Analysts expect this bullish uptrend to continue over the coming days.

Data Source: Tradingview 

Unus Sed Leo (LEO) – Price prediction and analysis

The recent surge in LEO has surprised many. The token is outperforming the entire market and it seems like more is yet to come. All technical indicators show a very strong bullish trend. 

For example, the token is trading way above its 100-day simple moving average of around $3.5. It has also surged nearly 600% above its 52-week lows and has surged past several key resistance zones in the past few days. 

Although we expect some pullback in the price, the general trend over the coming days will be up and up. The LEO surge comes even as other crypto-assets moves into the green with improved sentiment in the market.

Is Unus Sed Leo (LEO) a good buy?

Unus Sed Leo (LEO) is the main utility token for the iFinex ecosystem. It was launched in 2019 for Bitfinex users, and ever since LEO has seen immense growth. 

The long-term prospects of this coin are definitely positive. For the person who wants to just buy and hold it for a year or thereabout, then you are likely to cash in big in the long run.

The post Unus Sed Leo (LEO) surges to all-time highs – But bullish momentum still remains appeared first on Coin Journal.

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Market highlights February 4: Cosmos is the biggest top 20 gainer

The crypto market was seen higher over the past 24 hours, as all top 20 cryptos were in the green at the time of writing. 

Shares in social media giant Meta Platforms dived by over 26% yesterday as investors reacted strongly to the firm announcing it had fewer people using its platform than before, for the first time ever.

The three top US indices all fell heavily yesterday on the back of a string of poor results from the likes of Meta and PayPal.

US and Canadian markets today may be impacted by job data, such as the US Non-Farm Payroll report, to be released at 13:30 GMT.

Top cryptos

Bitcoin was up more than 2% this morning, while Ethereum jumped more than 5%, bringing the latter’s weekly gains to more than 13%. Solana led the top 10, rising more than 7% since yesterday. 

The biggest gainer in the top 20 is Cosmos. It is trading for $29.24 today and added 12.22% to its value in the last 24 hours.

Top movers

The top 100 coins reflect the trend evident in the top 20. Two of the biggest gainers are Quant and Hedera with 11% each. Quant has been rallying over the past week, having added almost 50% to its value in the last seven days.

Hedera’s price held steady after its deal with Ubisoft. It also jumped after the launch of its EVM smart contracts mainnet. HBAR, its native token, is trading at $0.24, which is about 28% above the lowest level this year.

Its total market cap has improved to about $4.3 billion. Hedera’s bullish trend is likely to continue as bulls target the key resistance at $0.2643.

IOTA, Kusama, and Convex Finance all gained 12%. Convex was one of the weakest performers last week. Bora and Compound also added 11% to their value.   

The only top 100 crypto in the red was Immutable X, which describes itself as the first layer-two scaling solution for NFTs on Ethereum. The token has lost 4% today, but its gains stand at 18% over the past 7 days, leading some to wonder whether it’s time to buy the dip. 

Trending

MetaPay is a token for the Metaxion universe. Holders can buy parcels and avatars here with the token and sell them later. They can be converted into MetaPay tokens. 

The Metaxion demo has been released on the website and the full version will be available any moment now, resulting in MetaPay price growth of 540% just today.

A more moderate gainer is Quantstamp, which is trading for $0.098 today, up 34.36% in the last 24 hours.

 

The post Market highlights February 4: Cosmos is the biggest top 20 gainer appeared first on Coin Journal.

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Top places to buy FORTH, the first ever rebasing cryptocurrency

FORTH is based on a novel premise. The native coin of Ampleforth (AMPL) Governance Token is unique in that the number of AMPL you own can change each day. To learn more about this, look no farther than this short article, which will also tell you where the best places to buy FORTH are.

Top places to buy FORTH now

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

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

What is FORTH?

FORTH holders can vote on proposed changes to the Ampleforth protocol or delegate their votes to representatives who vote on their behalf. AMPL is a cryptocurrency like Bitcoin, but with a twist: supply changes daily.

The AMPL protocol automatically adjusts supply in response to demand. When price is high, wallet balances increase. When price is low, wallet balances decrease.

AMPL is non-dilutive. Supply adjustments are applied universally and proportionally across every wallet’s balance. This means your percent ownership of the network remains fixed.

According to AMPL, today’s cryptocurrencies are dangerously correlated. AMPL’s unique incentives allow it to decouple from Bitcoin’s price pattern. This reduces systematic risk by adding diversity to a homogeneous ecosystem.  

Should I buy FORTH today?

The token can be a profitable investment thanks to the unique premise it’s built on. However, do explore the market and read at least several price predictions before committing to an investment.

FORTH price prediction

According to Wallet Investor, those looking for virtual currencies with a good return could find FORTH a bad option their current investment may be devalued in the future.

Up to Brain does not agree. According to the experts, the price will go up to $31 by the end of 2023, up from $7.80 at the time of writing. The token is likely to reach $46 by the end of 2024.

FORTH on social media

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