Market highlights February 15: Major cryptos rise after the big game

The top 10 cryptos were all in the green over the past 24 hours after several crypto companies featured commercials during the pro football championship game.

The SPX500 and DJ30 fell in trading yesterday, down 0.29% and 0.44% respectively, while the NASDAQ100 rose marginally by 0.25% as geopolitical tensions continued to unnerve investors.

The UK100 fell 1.75% yesterday as wider market fears over the geopolitical situation in Ukraine sent stocks tumbling across Europe. The price of oil nearly hit $94 on Monday night.

Top cryptos

Solana was up 8%, Ethereum gained more than 7%, while XRP and Cardano added more than 3%. Bitcoin was trading at $43,500 at time of writing, up almost 4%.

At #10, the live Avalanche price today is $88.33 with a 24-hour trading volume of just over a billion. Its token AVAX is up 11% in the last 24 hours. 

Polygon, the 15th largest coin by market cap, is trading for $1.79 with a 24-hour trading volume of $1.12 billion. Polygon is up 10% in the last 24 hours. 

Top movers

The biggest winners in the top 100 are Kadena, Gala, The Graph, and Mina Protocol. Kadena bills itself as an ecosystem that makes blockchain work for everyone. It provides the security of Bitcoin, virtually free gas, unparalleled throughput, and smarter contracts. It has added almost a fifth to its value today.

Gala gained 18% after Gala Games announced Galaverse dates. The Graph, an indexing protocol for querying data for networks like Ethereum and IPFS, is up 19% in the last 24 hours. It powers many applications in both DeFi and the broader Web3 ecosystem.

Mina Protocol is a minimal “succinct blockchain” built to curtail computational requirements in order to run DApps more efficiently. It gained 17% today.

Other winners include Secret, Helium, and Qtum with +14%, +12%, and +11% respectively. Decentraland, one of the most popular metaverses, saw its native token MANA gain 9% in the last 24 hours. Fantom, another metaverse token, gained 8%.

The live Hedera price today is $0.25 with a 24-hour trading volume of $180.4 million. HBAR is up 11% in the last 24 hours. 

Trending

Online Lex Partners (onLEXpa) specializes in the development of online courses and projects. It aims to make education around the world more accessible through blockchain technology. After migrating to a new BSC contract, it gained 2,623%.

Dopex is a decentralized options protocol that targets liquidity maximization while minimizing losses for option writers and maximizing gains for buyers. It has added 25% to its value today.

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Gala Games (GALA) coin price jumps 19%: is it time to buy?

Gala Games Logo

While the market has been trading sideways over the past few weeks, several metaverse coins have seen significant price gains with GALA gaining 19.20% in the last 24 hours as others like Bitcoin (BTC) and Ethereum (ETH) see a single-digit percentage price gain.

At the time of writing, it was trading at $0.338844 with a daily high of $0.3415 and a daily low of $0.2811.

It has a trading volume of $1,651,491,576 up over 81% in the last 24 hours, a market cap of $2,364,184,488 and a circulating supply of 6,977,205,436 GALA coins.

Now let’s see what the surge is all about.

Gala Games’ Galaverse

In a nutshell, Gala is a blockchain gaming studio that gives players control over their games.

Today the gaming studio made a big stride after announcing the dates of their upcoming Galaverse launch, a 3-day event that will be held between 7th and 8th June in Copenhagen, Denmark.

The official blog stated:

‘’It was clear that the Galaverse is much much larger than anyone event, no matter how epic. With memories of -into the galaverse still fresh in our minds, we’ve set out to plan the first of this year’s events! That’s right — the FIRST!’’

In their last event held in mid-December 2021 in Las Vegas, the Gala Games team presented an immersive world-class experience as well as announced its upcoming projects like the walking Dead, Legacy, Empires, and Last Expedition.

In their blog post, Gala Games clarified that participants will only be required to purchase a single ticket for the whole event. The available tickets will be 800 only which will cost $8,000 for the singles and $14,000 for the couples.

This is their second biggest announcement this month as the earlier reports from CoinGape confirmed their plan where was to invest $5 billion in the expansion of its NFT ecosystem next year.

According to the report, the fund will be allocated as follows; $2billion into the game development, $1billion to the music studio project and the remaining $2 billion will go to Gala theme park NFTs and movies each receiving $1 billion.

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Dopex (DPX) Price added a quarter to its value: Where can you buy it?

Dopex (DPX) represented by a globe & crypto coins

Dopex (DBX) is a decentralized options protocol that targets liquidity maximization while minimizing losses for option writers and maximizing gains for buyers. It has added 25% to its value today.

Look no farther than this guide for all the details: what it is, should you buy it now, and the top places to buy it.

Top places to buy Dopex now

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

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

What is Dopex?

This easy-to-use platform makes it possible for anyone to participate in an option pool. Users can deposit base/quote for their respective pools, earn passive income by writing, and purchase discounted options through liquidity pools.

Option writers benefit from a rebate system for losses based on the exercised options for every monthly or weekly series. Rebates are calculated based on percentage losses incurred by options writers during a weekly series and then paid in the protocol’s rebate token rDPX.

Option pool participants receive a percentage of rPDX relative to their value of losses. Using this rebate system, options writers benefit from a higher return than they would have from hedging strategies.

Should I buy it today?

Dopex shows promise, but it’s a relatively new asset. Exercise caution and study the market before making a commitment.

DPX price prediction

According to Tech News Leader, Dopex will go from its current price of $1,941 to $3,288 in 1 year. It will trade for $10,182 in 5 and for $69,214 in 10 years.

Dopex on social media

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Hedera token HBAR is skyrocketing, up 17% today: here’s where to buy HBAR

The live Hedera price today is $0.26 with a 24-hour trading volume of $180.4 million. HBAR is up 16.87% in the last 24 hours. If you are attracted to unique features and want to learn how and where to buy HBAR, this guide is for you.

Top places to buy HBAR now

eToro

eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.

Buy HBAR with eToro today

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 HBAR with Binance today

What is HBAR?

HBAR is the token of Hedera, a sustainable, enterprise-grade public network for the decentralized economy that allows individuals and businesses to create powerful decentralized applications (DApps).

It is designed to be a fairer, more efficient system that eliminates some of the limitations that older blockchain-based platforms face, such as slow performance and instability.

The HBAR token has a dual role within the Hedera public network. It powers Hedera services, such as smart contracts, file storage and regular transactions. It’s also used to help secure the network, since HBAR users can stake their tokens to assist with maintaining the integrity of the platform.

Should I buy HBAR 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.

HBAR price prediction

According to the website Up to Brain, the price of the coin can pass $5.36 by the end of 2023. It will trade for around $6.35 in 2024 and $7.06 in 2025.

HBAR on social media

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Cardano and Polkadot ETPs debut on the Frankfurt Stock Exchange

The ETPs debut on the Frankfurt Stock Exchange on 14 February and add to products for Bitcoin, Ethereum, Uniswap, and Solana

Cardano and Polkadot exchange-traded products (ETPs) made a debut on the Frankfurt Stock Exchange on Monday after the platform DeFi Technologies was approved to list the derivative products.

According to a press release shared on Monday 14 February, the ADA and DOT-based products will be traded via Valour, a subsidiary of DeFi Technologies and pioneering platform for digital asset ETPs.

The new ETPs will track the prices of ADA and DOT, the two altcoins that currently occupy the seventh and tenth-largest cryptocurrencies by market cap slots at $33.7 billion and $20.4 billion.

Per the announcement, users will access the products via the titles Valour Cardano (ADA) EUR and Valour Polkadot (DOT) EUR.

The new ETPs will enable both retail and institutional investors to gain exposure to the native tokens of the Polkadot and Cardano networks as easily as buying shares from their bank or broker,” DeFi Technologies said in the statement.

Valour’s other products

The two add to the available portfolio offering of Valour Uniswap (UNI) and Solana (SOL). Other products in the portfolio are Bitcoin Zero and Valour Ethereum Zero, the platform’s first fully-fledged, zero-fee passive investment tracking the top two cryptocurrencies by market cap.

According to Valour CEO Tommy Fransson, the launch of the two products in the German market comes after success in the Scandinavian market. There’s increased interest for such products, he noted, adding that informed the expansion.

Valour Inc. is a Zug, Switzerland-based platform specializing in issuing exchange-listed financial products targeted for both retail and institutional investors. The company was established in 2019 targets offering the products to investors throughout Europe, according to its chief executive.

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