Kategorie: Crypto News

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Here’s where to buy Super Mario, the token of the exciting new game

Super Mario (MARIO) is an untracked crypto coin and little information about it is available. We wrote this article with the aim to explain the details about Super Mario: what it is, is it worth investing in, and the best places to buy Super Mario now.

Top places to buy Super Mario now

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

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

What is Super Mario?

Super Mario is a blockchain-based game with the token MARIO, running on the Ethereum Mainnet. In the game, the player tries to find and rescue Princess Peach, but to do that, they must defeat a villain called Bowser.

The dangerous trek and battles take place in so-called Mushroom Kingdom. The different realms of the game all have their own major battle. 

After each realm is cleared, holders of MARIO will be rewarded through airdrops. Players also get rewards in the token POW as stimulus to fight “harder.”

Should I buy Super Mario today?

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

Super Mario price prediction

No price predictions are available for Super Mario. According to Digital Coin Price, the token is currently trading for $0.000000129 and has lost 1.5% of its value in the last 24 hours. 

Super Mario on social media

The post Here’s where to buy Super Mario, the token of the exciting new game appeared first on CoinJournal.

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Why is WAVES up by more than 40% in the last 24 hours?

The cryptocurrency market has continued its excellent start to the week, with most coins trading in the green zone.

The cryptocurrency market is set to record gains for the second consecutive day this week. The ongoing positive performance has seen the market add more than 2.5% to its value over the last 24 hours.

At press time, the total cryptocurrency market has crossed the $1.3 trillion mark once again. Bitcoin has topped the $31k resistance level and could surge higher over the coming hours if the market momentum is maintained.

Ether, the second-largest cryptocurrency by market cap, is closing in on the $2k mark after adding more than 3% to its value in the last 24 hours.

However, WAVES, the native token of the Waves blockchain, is the best performer amongst the top 100 cryptocurrencies today. WAVES is up by more than 44% over the last 24 hours, outperforming the other major cryptocurrencies. 

WAVES has been performing well since the development team launched its revival plan a few days ago. The revival plan includes the decision to completely restore the dollar-peg of USDN stablecoin over the next eight weeks. 

Key levels to watch

The WAVES/USDT 4-hour chart is very bullish at the moment, thanks to the cryptocurrency’s positive performance. At the moment, the technical indicators show that WAVES could rally higher if the market momentum is maintained.

The MACD line crossed into the positive territory a few days ago, indicating bullish momentum. The 14-day relative strength index of 73 shows that WAVES could soon enter the overbought region.

At press time, WAVES is trading at $8.39 per coin. If the rally continues, WAVES could surge past the first resistance level at $11.22 before the end of the day. 

In the event of extended bullish performance, WAVES could move past the $15 mark for the second time this month.

The post Why is WAVES up by more than 40% in the last 24 hours? appeared first on CoinJournal.

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Shiba Inu (SHIB) could drop by around 15% before any bull run

Shiba Inu has seen a two-week period of price consolidation. There have been times when the coin has rallied but overall, the price action over the past 14 days has largely been in a consolidation phase. However, the coin may experience another 15% drop before it rallies. Here are some highlights:

  • SHIB has formed a descending triangle pattern in recent weeks that could trigger a breakout.

  • The coin will however need to gather enough trading volume to achieve this

  • SHIB may dip by at least 15% before enough demand is generated for a bull run.

Data Source: TradingView 

How far can SHIB go?

At the moment, it seems like SHIB needs a few more days to consolidate further. Yes, it will drop of course, but we don’t see so much downside here. If anything, the 15% drop will bring SHIB within an important demand zone. This could finally provide the momentum needed for the meme coin to go on a strong uptrend.

Besides, right now SHIB is not far away from its bottom price after the May sell-off. In fact, if the meme coin was to drop by another 15%, it would be more or less within that price range. This means that more downside at this time remains very low.

It is likely that the coin is actually nearing the end of the May bear cycle and as such, it is ready for a decisive bull run.

Is SHIB risky right now?

The risk is minimal as we speak. In the short term, we do not expect any major sell-offs for the meme coin. However, with investor sentiment still struggling to pick up, the volatile nature of SHIB will likely continue. 

Nonetheless, SHIB could offer at least 25% in gains in June before it pulls back. As for long-term investors, improved sentiment in the market could push 3x growth by the end of 2022.

The post Shiba Inu (SHIB) could drop by around 15% before any bull run appeared first on CoinJournal.

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Cronos (CRO) struggles to break out despite major ecosystem developments

Cronos (CRO) has been one of the most underperforming coins in the market over the last few months. The coin has literally blown hot and cold but despite this, it has failed to establish any decisive breaks. However, Cronos still continues to report major ecosystem development news. Here are the highlights:

  • Cranos recently announced a partnership with racing giant Aston Martin

  • The coin has however failed to reflect these huge developments in the pricing

  • Cronos remains well below the $0.2 mark and could stay there for a while

Data Source: TradingView 

Where does CRO go from here?

There is no doubt Cronos is a huge project in crypto. The fact that the coin is now selling for less than $0.2 suggests that it’s undervalued. As more ecosystem developments continue to be reported, we expect the underlying fundamentals for Cronos to improve. This will however not reflect in the price until overall sentiment in the market improves. 

As long as crypto investors are not willing to take risks, then fundamental ecosystem news doesn’t matter. But despite this, CRO still has enough potential to surge to $0.5 this year. This will roughly be more or less where it was a few weeks ago.

Nonetheless, it will still be a growth of around 5x. Now, this will of course not happen in a few days. But before the end of 2022, CRO could easily be 5x your money, especially if more and more investors discover just how undervalued it is.

How to trade CRO

The best play for CRO has to be long-term. There is just so much volatility in the market now, so predicting assets in the short term is very hard. 

But if you don’t mind holding CRO for a few months, then you will definitely get some amazing returns. Even if the coin doesn’t hit $0.5, you could still end up with decent double-digit returns.

The post Cronos (CRO) struggles to break out despite major ecosystem developments appeared first on CoinJournal.

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Ethereum (ETH) rebounds to hit $1900 – Can it keep going?

Ethereum (ETH) has managed to see some strong recovery this week. The coin has finally risen above $1900, and there could still be more upside to further test $2000. But how far can the bulls keep the momentum going? Turns out not that long. Here are key highlights:

  • Ethereum has gained around 7% over the last 24 hours.

  • The coin is consolidating the price above $1900.

  • A decisive run towards $2000 is possible in the days ahead.

Data Source: TradingView 

Ethereum’s recovery and its limits

The fact that ETH has managed to hit $1900 is a very good sign. It means that the downtrend we saw last week has reversed or at least stopped for now. If the coin can manage to close the day above this price, then you should expect a decent upward rally. 

It is likely though, that ETH will face major resistance at $2000. However, we expect bulls to just have enough in their tank to overcome. Once the coin rises above $2000, it will trigger a decent demand that will push it towards around $2300. This will be a rise of 21% from the current price. 

But if ETH fails to hold $1900, we may see more weakness follow. However, at the moment downside risks are not that big. At worse, ETH will likely bottom at $1700, where it has found very strong support in recent days. We are also seeing large accounts buy more ETH. This is a sign that the long-term prospects for the coin are quite positive.

Why Ethereum could grow this year

It is unlikely that Ethereum will hit the $10,000 price that we all expected at the start of the year. But the coin still has so much left to give.

At the moment, conservative estimates could push ETH to $6000 by the end of the year. That will be around 3x growth in 2022.

The post Ethereum (ETH) rebounds to hit $1900 – Can it keep going? appeared first on CoinJournal.