Schlagwort: crypto business

Veröffentlicht am

Suku is skyrocketing today, up 57%: here’s where to buy Suku

The live SUKU price today is $0.57 with a 24-hour trading volume of $65.6 million. SUKU is up 57% in the last 24 hours. If you are attracted to unique features and want to learn how and where to buy Suku, this guide is for you.

Top places to buy Suku now

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

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

What is Suku?

SUKU is an ecosystem of blockchain-based Web3 solutions designed to empower innovative brands and creators to engage with their audiences in entirely new ways and in both physical and virtual worlds, including the Metaverse.

The SUKU Ecosystem is a suite of engagement solutions that together become the infrastructure for brands and creators to thrive. It can expand the presence of brands and communities in the Metaverse.

SUKU Omni ensures transparency and traceability. This feature can transform supply chains into verifiable and engaging stories for customers.

Finally, SUKU DeFi enables microlending and collateralization.

Should I buy Suku 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.

Suku price prediction

According to Digital Coin, the price of SUKU cryptocurrency will rise in the next 5 years starting from $0.57 as of today’s price to $2.17. It will go up to $0.7 in 2023, then decline slightly before starting to grow again.

Suku on social media

The post Suku is skyrocketing today, up 57%: here’s where to buy Suku appeared first on Coin Journal.

Veröffentlicht am

MicroStrategy isn’t in the business of selling Bitcoin even if prices crash, says CEO Michael Saylor

  • MicroStrategy CEO says the company’s strategy is to buy and hold Bitcoin, not sell.

  • The company has over $5 billion worth of BTC.

The CEO of MicroStrategy Michael Saylor says that the business intelligence firm, and one of the biggest holders of Bitcoin, has no plans to sell its holdings.

Not even when the cryptocurrency space continues to face headwinds in 2022 following a stellar 2021 that saw most crypto assets hit new all-time highs.

Bitcoin price raced to a peak of $69,000 in November last year, with the flagship cryptocurrency outpacing the S&P 500 for the fourth year in a row. However, the price has fallen significantly over the past two months. In the past 30 days, BTC’s price has declined 13%. 

After closing 2021 with over 70% in gains, the correction has seen gains over the past year cut to just 14%.

Asked if the crypto winter is something that worries him personally, Saylor noted:

“If you are going to invest in Bitcoin, a short time horizon is four years, a mid time horizon is ten years, [and]the right time horizon is forever.”

He told Bloomberg that his company isn’t in the business of selling, and when asked what happens if prices tank further, the MicroStrategy chief responded:

„We’re not sellers. We’re only acquiring and holding Bitcoin. That’s our strategy,“

During the interview, Saylor noted that price declines across crypto don’t worry him at all. He also expressed confidence in Bitcoin as an inflation hedge.

According to him, the cryptocurrency offers “the best defense against inflation” and nothing currently beats holding the Bitcoin standard.

“I don’t really think we could do anything better to position our company in an inflationary environment than to convert our balance sheet into bitcoin,“ he explained.

Saylor added that the company’s decision to buy Bitcoin stemmed from observations made across the industry. He said doing “nothing”- referring to a situation where the MicroStrategy had not bought any BTC- would be consequential.

He said he has witnessed 99% of competitors close shop, and that he felt the company would be “headed” in that direction if they maintained the status quo. Rather tellingly, he noted that the company faced two options: to “either adopt a Bitcoin strategy, or sell the company.”

He said they chose to buy the digital gold.

MicroStrategy‘s holdings number 124,391 BTC after a series of purchases following its pioneering move in 2020. At current prices, the company’s haul is worth over $5 billion.

The post MicroStrategy isn’t in the business of selling Bitcoin even if prices crash, says CEO Michael Saylor appeared first on Coin Journal.

Veröffentlicht am

Cosmos (ATOM) remains resilient during the crypto slump – Should you buy it?

Cosmos (ATOM) has shown some incredible resilience even as the broader crypto market reported weakness in January. The coin in fact has traded very close to its all-time highs albeit is it is a bit lower. With this price action, should you buy Cosmos (ATOM)? Here are some highlights first:

  • At the time of writing, the token was trading at $39.41, fairly close to its all-time high price of around $46.

  • Also, Cosmos (ATOM) is about 400% up from its lowest price, recorded in June last year.

  • The coin has also surged by nearly 7% in 24-hour intraday trading.

Data Source: Tradingview.com 

Cosmos (ATOM) – price prediction and analysis

For the most part of January, a lot of Altcoins in the market has seen massive routs. But it seems Cosmos (ATOM) has managed to hold steady. Despite taking a few hits, the token has rebounded. It is still about 3% down in 7 days but remains 7% higher in 24-hour intraday trading. 

At the time of writing this post, Cosmos (ATOM) was trading at around $39. It is quite close to its all-time high of $46. Although we don’t expect it to retest those heights in the coming days, Cosmos (ATOM) is likely to consolidate around the $40 mark. Also, the token has surged past its 25- and 50-day moving averages, suggesting that a bullish alignment is well and truly in the mix.

Should you buy Cosmos (ATOM)

Cosmos (ATOM) is one of the most popular altcoins. The chain also looks to offer one of the fastest and low-cost blockchains in the world for innovative developers. It has been a hit among investors, ranking among the top 10 by market cap.

Based on those fundamentals, it is a decent token to get your hands on. The recent price action also shows it can be resilient even if broader headwinds hold back crypto assets.

The post Cosmos (ATOM) remains resilient during the crypto slump – Should you buy it? appeared first on Coin Journal.

Veröffentlicht am

Baby DogeCoin (BabyDoge) gets 1.3 million holders – should you buy it?

2022 has seen the entrance of a new dog-themed meme token, the Baby DogeCoin (BabyDoge). The meme coin is now gaining superb momentum and a fanatical following of investors who see it reaching the same heights as other meme coins like Shiba Inu and Dogecoin. But should you buy it? Well, here are some highlights first:

  • At the time of writing, Baby DogeCoin (BabyDoge) in fact had attracted over 1.3 million holders

  • The coin has also surged to a market cap of around $1.6 billion, trading at $0.000000006015 per coin.

  • Baby Dodge is also up around 10% in the last 24 hours, indicating increased bullish activity.

Data Source: Coinmarketcap.com 

Baby DogeCoin (BabyDoge) – Price action and analysis

Shortly after launching this year, Baby DogeCoin (BabyDoge) has attracted a fair share of fans. The coin now has about 1.3 million holders, with whales getting into the action as well. The token has also been getting listings from top exchanges, including CoinEx and others. 

This has pushed the coin higher, gaining nearly 10% in the last 24 hours. We have also seen increased social media buzz for Baby DogeCoin (BabyDoge). In fact, the token has been one of the trending topics on Twitter, and its official account already has over 800,000 followers. At the time of writing this post, Baby DogeCoin (BabyDoge) was trading at $0.000000006015.

Should you buy Baby Doge?

The hope for most people who have invested in BabyDoge is to see it rival other meme coins like Shiba Inu, Dogecoin, and others. This is very possible and could help you make massive returns. In fact, BabyDoge went from zero to $1.6 billion in market cap quite fast.

But please note that meme coins don’t have any serious underlying fundamentals. They are simply speculative assets and as such, they are very risky. Do not put all your life savings here.

The post Baby DogeCoin (BabyDoge) gets 1.3 million holders – should you buy it? appeared first on Coin Journal.

Veröffentlicht am

Sandbox (SAND) is approaching a key support zone – Can it reverse the downward trend?

The general outlook on Sandbox (SAND) over the last few weeks has been bearish. The metaverse token is now approaching a crucial support point in its price action. What happens from there will determine how it fairs in the near term. But can Sandbox (SAND) break the downtrend? The analysis is below but first, some highlight:

  • Sandbox (SAND) is rapidly sliding down to its support zone of $4.2 after a bearish start to the year.

  • This support level has however held strong after being tested twice before but bear pressure is very high.

  • At the time of writing, the token was trading for $4.31, slightly above this zone and up around 2.5% in 24 hours.

Data Source: Trading view

Sandbox (SAND) – Price action and analysis

Like most coins in the crypto market, Sandbox (SAND) has seen a consistent decline for most parts of the year. The coin is in fact trading 15% lower compared to seven days ago albeit it has managed to pair up some of those losses with a 2% intraday gain. 

However, the downtrend has sent SAND towards its crucial support of $4.2. The support has been tested twice before this year and held strong. But if SAND fails to hold off the downtrend this time and falls below the $4.2 mark, the coin could tumble even further towards $3.3 and eventually $2.8. 

But, if bulls can hold off the pressure and maintain gains above that threshold, a quick rebound towards $4.6 is quite feasible in the near term.

Should you buy Sandbox (SAND)

Yes, Sandbox (SAND) is one of the most popular tokens right now due to the anticipation of the metaverse. The token was also one of the big performers in 2021, and despite the rocky start into the new year, long-term Sandbox (SAND) will still deliver incredible value to investors. It is therefore a decent buy right now.

The post Sandbox (SAND) is approaching a key support zone – Can it reverse the downward trend? appeared first on Coin Journal.