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Where to buy Santos FC Fan Token, the top gainer on Binance Smart Chain

The token of Santos Football Club gained 8% in the last 24 hours, which have been kind to fan tokens in general. 

This brief guide has everything you need to know about Santos FC Fan Token, including whether and where to buy it if you choose.

Top places to buy Santos FC Fan Token now

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

1. Buy BNB on a regulated exchange or broker, like Binance ›

We suggest Binance 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 BNB 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 Pancakeswap DEX

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

4. You can now swap your BNB for SANTOS

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

What is Santos FC Fan Token?

Santos FC Fan Token (SANTOS) was created through a partnership between Binance launchpool and the football club. Santos FC is a Brazilian sports club based in the state of São Paulo.

With this partnership, Binance obtained the status of sponsor and licensee, with the right to manage and control NFTs products.

The purpose of the agreement was to deepen relationships with fans, increase fan engagement, and attract attention from Binance users, who might invest in the coin. 

Holders of SANTOS have the following benefits: the right to vote in polls and to take part in the club’s activities and related events. 

Owners of the SANTOS token also have access to special privileges, exclusive rewards, and limited and collectible NFTs.   

Should I buy Santos FC Fan Token today?

SANTOS can definitely be worth investing in if your timing is right. Unfortunately, this is often impossible to know in advance. Any investment decision should take your risk tolerance into account. Don’t take any price predictions at face value. 

Santos FC Fan Token price prediction

Most analysts’ outlooks are bleak. Trading Beasts predict a drop to $4.23 by the end of this year. Price Prediction is even more bearish, forecasting a decline to $2.37 in this period.

In December 2023, Price Prediction forecasts the coin’s price will increase slightly to $3.54. Wallet Investor is not particularly optimistic, predicting the Santos FC Fan Token price will trade for just $2.8 at that time. 

Trading Beasts predict a bull run for Santos FC Fan Token. It will reach $7 in 2023.  

Santos FC Fan Token on social media

The post Where to buy Santos FC Fan Token, the top gainer on Binance Smart Chain appeared first on Coin Journal.

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Dia is up 127%, soaring on high-profile integration: here’s where to buy Dia

The OmniDex1 DEX scraper is now live, enabling Dia to collect and aggregate market data from the OmniDEX on Telos. 

Look no further than this short article for all the details about Dia: what it is, is it worth investing in, and the best places to buy Dia now.

Top places to buy Dia now

Binance

Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.

Buy DIA with Binance today

KuCoin

KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 5 million registered users from 200+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique visit ranks the top 5 globally.

Buy DIA with KuCoin today

What is Dia?

DIA (Decentralised Information Asset) is an open-source oracle platform that enables market actors to source, supply and share trustable data. 

DIA aims to be an ecosystem for open financial data in a financial smart contract ecosystem, to bring together data analysts, data providers and data users. 

In general, DIA provides a reliable and verifiable bridge between off-chain data from various sources and on-chain smart contracts that can be used to build a variety of financial DApps.

DIA is the governance token of the platform. It is currently based on ERC-20 Ethereum protocol. 

Should I buy Dia today?

Dia can be a lucrative investment, but take the time to read at least several price predictions from leading analysts and do market research before making a commitment. Take all investment advice with a grain of salt. 

Dia price prediction

According to Tech News Leader, Dia’s coin will dip to $0.74 in 1 year, but then go up to $2.16 in 5 years. A decade from now, 1 DIA will be worth $13.71. 

Wallet Investor thinks DIA is a bad investment. They predict a drop to $0.04, around half of its current price. This is a loss of 95%.  

Dia on social media

The post Dia is up 127%, soaring on high-profile integration: here’s where to buy Dia appeared first on Coin Journal.

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2 reasons why the Ethereum price is plummeting

Ethereum price drifted lower on Wednesday as its correlation with the Dow Jones and the Nasdaq 100 indices continued. The coin dropped to a low of $1,964, which was its lowest level this week. It was a sea of red as other cryptocurrency prices nosedived.

Don’t fight the Fed

ETH price declined sharply as volatility in the market continued. The closely-watched CBOE volatility index rose by more than 5%.

There were several catalysts for this volatility. First, investors were reacting to the statement by Jerome Powell on Wednesday during an event sponsored by Wall Street Journal. In it, he reiterated that inflation was the biggest challenge facing the economy. He then reiterated that the Fed would do whatever it could to push inflation towards its target of 2.0%. 

Therefore, investors believe that this means that the bank will not come to its rescue like it did in 2018 and during the Covid pandemic. As such, it will continue hiking interest rates by 0.50% in the remaining meetings. It will also start a period of quantitative tightening. As such, Ethereum price is falling as investors avoid fighting the Fed.

Read our Ethereum price prediction.

US stocks correlation

ETH price is also crashing as the correlation with American stocks continues. The Dow Jones declined by more than 1,100 points while the tech-heavy Nasdaq 100 index declined by more than 560 points. 

The decline was triggered by the relatively weakness in the retail sector. The Target stock price crashed by more than 25% while Walmart fell by more than 10% after the firms published weak quarterly results. 

Their results showed that the biggest American companies were seeing wage inflation affect their businesses. As such, the trend could continue in other sectors of the economy. 

In the past few months, there has been a close correlation between American stocks and cryptocurrencies like Ethereum.

The post 2 reasons why the Ethereum price is plummeting appeared first on Coin Journal.

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SneakMart strikes partnership with StockX to bring sneaker NFTs to the Metaverse

Sneakmart, a French startup that seeks to enhance users’ Metaverse experience via tokenizing real-world sneakers, has announced a major collaboration with StockX, a leading shoe resale marketplace.

The partnership allows Sneakmart to offer access to sneaker NFTs to its customers via its Metakicks platform. The blockchain-based venture will see sneaker diehards and fans customize their collections as they tap into the world of digitization and Web3.

StockX is the official Sneakmart partner for physical sneakers and will handle delivery for all winners from the first Metakicks drop.

Unique sneaker NFTs with over $200k in prizes

The collection will feature 15 unique 3D-animated designs, with Metakicks boxes offering four levels of rarity: Rare, Super Rare, Epic, and legendary.

For its upcoming Metakicks drop, Sneakmart has lined up over $200,000 in prizes and has the backing of soccer celebrities such as Didier Drogba, Kinsley Coman and Marco Verratti.

Currently, products like the Nike Air Jordan 1 high have helped push the sneaker-related limited-edition NFTs to a $6 billion market. A booming secondary sales market and a massive shift towards leveraging Web3 means the fashion industry is just starting off, the platform wrote.

The post SneakMart strikes partnership with StockX to bring sneaker NFTs to the Metaverse appeared first on Coin Journal.

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Chiliz (CHZ) price rallies after launching new DEX for its users

As the crypto market slowly recovers from last week’s plunge, Chiliz (CHZ) token has today rallied by over 8% becoming one of the top gainers in the crypto market today while the overall crypto market value dropped by about 1.8% over the past 24 hours.

At the time of writing, Chiliz (CHZ) was trading at $0.1289 up 8.79% after retracing from a daily high of $0.1403.

CHZ chain 2.0 new DEX for fan tokens

CHZ, Chiliz blockchain native token, which helps sports teams in launching their fan tokens has disassociated from the ongoing market sentiments, with its recent rally helping it to cover the past week’s loss. 

Chiliz CEO, Alexandre Dreyfus, noted that CHZ chain 2.0 will be launching the first Decentralized crypto exchange (DEX) for their fan tokens. With this move, the liquidity of the token is expected to increase but also the new DEX will come with certain capabilities that will enable third-party developers to develop new features.

Fans who invest in the fan tokens will earn the power to interact with other clubs, however, this has not yet made much impact in the market as some fan token holders are complaining that the perks are not worth it.

Even though the CHZ token is still down by more than 38% in the past month as a result of the recent market crash, it has stood its ground by maintaining its rank in the 65 positions among the biggest cryptos in the market.

The post Chiliz (CHZ) price rallies after launching new DEX for its users appeared first on Coin Journal.