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#Top 20 NFTs ranked by Price
worldcryptorumors · 2 years
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Top 20 NFTs ranked by Price in the last 30 days, January 25, 2023
#News #Crypto #CryptoNews #Cryptocurrency #CryptocurrencyoNews #NFT #NFTNews #NFTStats #Blockchain #BlockchainNews #NFTCollections #NFTCollection #NFTs
Here is a look at the top 20 NFTs ranked by price from the past month, as reported by DappRadar. NFTs Rank NFT Price 1 Zunk 14542 $1.86M 2 CryptoPunk #2066 $1.38M 3 Bored Ape Yacht Club #4025 $609.07k 4 mfer #8718 $597.94k 5 CryptoPunk #7674 $452.23k 6 CryptoPunk #7641 $418.73k 7 Bored Ape Yacht Club #9234 $409.79k 8 RPlanet #5778 $401.65k 9 Bored Ape Yacht Club #4743 $375.43k 10 0xy…
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dencyemily · 8 months
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Crypto Trends on the Rise: Chainlink, Immutable X, and Pyth Spearhead an Impressive Market Surge
In a notable resurgence, Chainlink leads the charge with a remarkable 34% increase in market cap, captivating the cryptocurrency community's interest. Immutable X follows suit, exhibiting a 23% rise and emerging as a potent player in the blockchain technology sector. Pyth's 26% gain reflects a growing investor trust in its data-driven blockchain solutions.
The recent cryptocurrency market dynamics have been marked by a substantial uptick in digital assets like Chainlink, Immutable X, and Pyth. These cryptocurrencies have experienced significant growth in market cap, with Chainlink witnessing a 34% surge, Immutable X showing a 23% increase, and Pyth recording a notable 26% gain over the past week.
Insights from Santiment, a platform offering on-chain and social metrics for cryptocurrencies, indicate that these digital assets are gaining mainstream attention, creating a sense of FOMO (Fear of Missing Out) among potential investors. This heightened interest is anticipated to contribute to increased volatility in these assets.
Chainlink's robust growth can be attributed to its secure smart contract facilitation and a strong network. Immutable X, recognized for scalability and eco-friendly NFT solutions, has resonated with the environmentally conscious blockchain community. Pyth's innovative approach to decentralized financial market data has garnered investor interest in data-driven blockchain solutions.
Chainlink, a significant player in the cryptocurrency market, has experienced a minor 1.60% decrease, bringing its value to $17.74. However, its trading volume has surged by 17% to over $1.26 billion, maintaining its dominance among the top 20 cryptocurrencies with a market capitalization exceeding $10 billion.
Immutable X, Ethereum's first layer-two scaling solution in the NFT sector, currently trades at $2.10, with a 24-hour volume of $64,846,551. Despite a recent 2.38% decline, Immutable X holds the 33rd position on CoinMarketCap, boasting a market cap of about $2.67 billion.
Pyth Network, priced at $0.4649, has seen an 8.93% increase in the last 24 hours, with a trading volume of $379,403,859. Ranked 89th, Pyth's live market cap stands at $736,631,229.
These cryptocurrencies' recent market performance, driven by public interest and the potential for high volatility, provides insights into the dynamic and evolving nature of cryptocurrency investments.
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ailtrahq · 1 year
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In the dynamic crypto landscape, strategic diversification is a key approach to maximizing returns. In this quest, three digital assets have emerged as noteworthy options: Litecoin (LTC), Pepe (PEPE), and Everlodge (ELDG). This article will delve into their potential and promises, as well as what makes them strategic opportunities for portfolio expansion. Summary - Litecoin offers balance during turbulence and explosive growth during bull runs - Pepe’s staggering growth potential makes it appealing - Everlodge’s novel idea and impending adoption position it as a favorite Join the Everlodge presale and win a luxury holiday to the Maldives Everlodge (ELDG): Innovative Project with Potential While Litecoin offers stability and Pepe promises staggering growth, Everlodge (ELDG) is a balance of both. As an innovative project at the intersection of blockchain and real estate, Everlodge offers real-world applications. This is expected to drive its value, making it a compelling investment. On the other hand, as a novel project seeking to disrupt the property sector, Everlodge is on the verge of adoption and skyrocketing. Moreover, as a presale token, it is presently undervalued and priced at a ridiculously low fee. Currently, a token is worth $0.019, which experts forecast will rally by 35x before the end of the year. Regarding its fundamentals, Everlodge boasts a vibrant ecosystem that seeks to reshape the real estate landscape. By introducing the world’s first property co-ownership platform on the blockchain, its ecosystem boasts a novel marketplace. Here, users and real estate enthusiasts can co-own and fractionally invest in vacation homes, luxury villas, and hotels for as little as $100. Notably, it will achieve this fractional investment model by leveraging NFT technology. After luxury properties have been digitized, they will be tokenized as NFTs and then fractionalized into bits. Therefore, investors can co-own real estate and earn passive income as its value increases. With the presale ongoing, there is still a window of opportunity to become an early adopter. It is presently at its fourth stage and priced at $0.019, which is a low entry point considering its projected growth. Litecoin (LTC): Stability and Growth Litecoin (LTC) was created to offer quick, secure, and inexpensive transactions. As a result, it has become the go-to choice for enthusiasts who prioritize speedy transactions. Moreover, since its launch in 2011, it has maintained a leading status, currently ranking among the top 20 tokens by market cap. Significantly, Litecoin’s proven track record and strong community support position it as a compelling addition to a crypto portfolio. Ultimately, it offers stability along with growth potential, making it a favorite. The above perfectly underscores why Litecoin is a great option for portfolio expansion. These include its robust infrastructure, resilience, and potential for growth. Pepe (PEPE): Promise of Explosive Growth While Litecoin provides balance, Pepe’s (PEPE) intense volatility will skyrocket the value of a portfolio. This meme coin, with no tangible utility, was created as a tribute to the internet meme “Pepe the Frog.” As a memetoken with explosive growth potential, Pepe is a perfect inclusion for enthusiasts willing to add a meme outlook to their holdings. Meanwhile, after its last bull run, Pepe appears to be gathering momentum for another surge. Moreover, its burning mechanism, which maintains the scarcity of Pepe, makes it a good token to hold for both the near and long term. Find out more about the Everlodge (ELDG) Presale
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etiennekissborlase · 1 year
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Sports Illustrated Launches New Polygon-Based Box Office Ticketing Platform
Sports Illustrated Launches New Polygon-Based ‘Box Office’ Ticketing Platform https://bitcoinist.com/sports-illustrated-polygon-box-office-ticketing/ Physical is going digital, in more ways than one. Sports Illustrated has been joining the ranks of traditional magazine publishers to look for innovative, digital-first maneuvers to keep their brands relevant. For Sports Illustrated, or SI, it’s led down a path of ‘self-service ticketing.’ Over the past week, SI has launched ‘Box Office,’ the brand’s fresh new take on ticketing. Let’s take a look at what we know from the early stages of Box Office so far. Sports Illustrated Turns To Ticketing Ticketing has been top-of-mind for NFT advocates since the earliest stages of NFT evolution. The fit is natural: ticketing has long been dominated by a high-fee, rigid industry that has lacked innovation for a long time. Ticket resale has been a focal point of U.S. regulatory discussion, and the industry has gone largely unchanged over the past decade. Furthermore, regardless of the lack of innovation throughout the industry, ticketing often just feels like a hand-in-glove fit for NFT solutions; at it’s core, ticketing is generally seen as a straightforward peer-to-peer transaction between typically two trustless parties – right in the wheelhouse of what NFTs can potentially optimize. Sports Illustrated joins a growing list of established print media firms like TIME Magazine, SLAM, and National Geographic (among others) to explore engagement with NFTs or crypto more broadly. In fact, it was around this time last year that we saw SI covers utilized in eBay’s first NFT release. While magazines have been implementing covers, SI is unique in it’s approach in shifting towards ticketing. Box Office: The Web3 Partners That Make It All Happen Sports Illustrated is working with ConsenSys and Polygon in operating the marketplace that claims “50 million tickets to over 250,000 sports, concerts and shows” according to SI Tickets CEO David Lane in the launch press release. SI Tickets effectively onboards ticket partners and claims to have aggressive prices due to it’s less centralized nature. We took a quick look at US consumer offerings, and said… “what’s the cheapest NBA ticket I could get for the Denver Nuggets vs Phoenix Suns game 6?” The cheapest we could find at the time at SI Tickets was $132 USD, advertised until payment method; traditional market leader Ticketmaster’s lowest offer was an advertised subtotal of $143, with a hefty $32 in service fees, bringing the grand total to $175 USD. Other mainstay traditional comparable, StubHub, displayed a $117 ticket price, but at billing closed the total at $155 – with total fees at $38. While just a one-time example – and not factoring elements like seat selection – there is clearly time in the day worth considering Sports Illustrated’s new platform. The even bigger takeaway here is that there are clearly substantial fees from traditional ticketing offerings, in this case, around 20% of the initially advertised ticket price. via Bitcoinist.com https://bitcoinist.com May 11, 2023 at 04:55AM
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pandainu · 3 years
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If you miss Shiba & Doge token then buy PandaInu today.
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In the current market trend, another dog-inspired cryptocurrency called SHIB, hit an all-time high of $0.00008845 on this Friday.
Despite the price being less than 1 percent, the ‘meme token’ has managed to grab everyone’s attention. Shiba inu now ranks №8 among the top cryptocurrencies by market value, according to Coinmaketcap. It is up more than 173% over the past seven says, as of 10:00 a.m. EST on Friday.
Shiba inu, dubbed the “dogecoin killer” by its supporters, has currently surpassed dogecoin, which ranks №10.
Although it is very easy to take Shiba Inu and it will be available at a low price, but about still the investor should do research about it, what is good and what in the market.
There has been a lot of enthusiasm among investors about cryptocurrencies in India In the last few years. The main reason for this that despite the risk in cryptocurrencies compared to other currencies, investment give faster profits and returns. There are many currencies like Bitcoin, Ethereum, Tether, Cardano, Ripple, Polka Got, where people of India are investing their money.
Lets us know what is crypto currency and what are the things to keep in mind before investing in it? Also how much risk and return can an investor get from investing in cryptocurrencies?
Even the shiba and doge token do not have its use case in near future. Cryptocurrency is a kind of speculative investment. Investors say that there are more altcoin available in the market.
But today you have chance to win your success with millions of opportunities with Panda Inu at the low price and grow your future double with Doge and shiba inu. Here’s what you should know.
What’s Panda Inu?
Panda inu was created in August 2021 by a pseudonymous founder called Miss Olga Lepikash & Miss Nikola Adam. As its name suggests, the token is inspired by born fighter Panda bear, which are rare in world.
Panda inu is an Binance smart chain-based BEP-20 token, which means it is created on and hosted by the Binance Smart blockchain, rather than its own blockchain.
Olga decided to launch Panda inu on BSC because it’s “already secure and well-established, and the transaction fees are very low and the transaction process time is also high” according to the Panda inu white paper, Panda Inu will be the killer cryptocurrency in the meme industry, and this will be the next Doge and Shiba killer.” It’s all because of Panda Inu worldwide community which is more then 10 million users around the world. And the current growth of Panda inu is also growing every day.
However, world’s top experts shared the update in the market that the ease of launching a project on the Binance Smart blockchain means it can make it a developer at a very low cost.
Panda inu has a total supply of 10,756,978,203. Miss Olga claims they do not hold any Panda inu coins and nearly half of its supply will lock in a liquidity pool on decentralized exchange in near future.
According to Panda inu’s current market update and market growth, Miss Olga & Miss Nikola will start the world’s top airdrop in the market for worldwide community and it will start in next few days. And as per the community experts hopes Panda Inu will keep its current growth in near future and the Panda Inu tokens price will grow more than $0.01300000 in the next few months. However, Miss Nikola will shared in the market that they will burned a all Panda Inu token which is received by Panda Inu wallet transaction and the majority of its community.
According to the world top experts Panda Inu cryptocurrency is one of the safest investments in the market and users can trust this currency because it have its use cases like ;
Panda inu supporters argue that its ecosystem, which includes smart contract capabilities; NFTs, or nonfungible tokens; and opportunities for liquidity mining, to name a few, offer utility beyond community, also the biggest use case is panda Inu wallet based on Binance smart chain, so the result of your entire investment in next few weeks and months will be huge.
That’s whys you would ask you invest only where you get good profit. And this is the time to hit the ground of your future today with Panda Inu.
Conclusion
Panda Inu will be used to incentivize community members in liquidity mining, airdrop, stake, DAO and Panda Dapp wallet transaction fees. Panda Inu is a word largest community driven meme token because of backed by world’s largest community. Panda Inu will reach to the top BSC daily listing in next few more weeks or months.
AS per the core team this milestone will achieve before the in novemebr 2021.
It is just an start in the meme industry, because the door isn’t open yet properly and once the entire development complete as per the roadmap Panda inu will overtake popular BSC DeFi protocols and centralized exchanges like Binance, pancake swap and its launchpad and launch zone. Panda Inu will also live at EIFI finance AMM Dex platform once its public sale is over.
Follow our community and get instant update from us;
✅Twitter: https://twitter.com/Pandainu21
✅Reddit: https://www.reddit.com/user/Pandainu_official
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bcanetwork · 3 years
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BCA NFTalk Vol.3|Art Blocks NFTs’ Imagination
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Guest Speakers:Host ArthurLou BCA Co-Founder丨Vulcan DAO GP(简称A)
Zero Chen NFT Consultant of FTChinese.com(简称C)
Ting Song AI and Blockchain Artist丨IOAC Asia Ambassador(简称S)
Hesiod 「Theogo NFT Observer」Chief Editor (简称H)
Nico Yang VulcanDAO GP(简称Y)
Background: It's been a few months of a mini-bull market for NFT collectibles, which the frenzied sales of CryptoPunks have pushed up in recent days. In addition, Art Blocks, as a generative art segment, topped the 7-day trading volume list strongly, ranking first with The Art Blocks segment was ranked fifth overall with $498 million. These three segments - avatars, generative art, and solo editions - make up a solid JPEG Summer. In this context, we invite four guests to chat about the NFT imagination beyond Punk.
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Host A: What do you think of the macro reasons for this 2021 Summer rampage? Share some of the recent Punk-like replica disc projects and NFT collecting tips that you've been following.
C: It's not very surprising that Punk is on fire; its holders or investors/collectors who are bullish think it should be higher priced. Its broken circle has become more apparent, and this mini-bull market is a spurt of an accumulation from the entire NFT market that preceded it. Social subcultures and aesthetic psychology drive NFT and trendy fashion, so its rise and fall may be very different from how technology has evolved and popularised. Compared to traditional art and traditional collecting, this wave in the crypto world should be just beginning. If CryptoPunks do become digital antiques, I believe they will be worth much more than that in the future.
Y: Until 2021, it will be difficult for digital content creators to get their work recognized by the market and to cash in without relying on big institutions with a centralized approach. The breaking of the circle in media and the entrance of money brought by the wealth creation effect have greatly refreshed the perception of digital content. Echoing what Che Guevara once said, "After we leave, they build you schools and hospitals, not because they have shown great mercy, but because we came."
The identity that comes with NFT is only really felt when it is held. The purpose is different, and the logic of buying and collecting can be very different. A scarce NFT is a status symbol in itself.
S: Compared to the art market, which is repeatedly tested and scrutinized by connoisseurs from different perspectives, there is a sizeable speculative bubble in the English-speaking community on Ethereum. A lot of this bubble is in cultural content and projects that lack culture can be short-lived. The works that I want to keep inside my wallet for a long time are the ones that I will be happy to look at even ten years from now.
In this JPEG Summer, I strongly feel that it is similar to 1CO at the end of 17, where all aspects of blockchain project parties were active, but the market turned cold after 18 years. A successful crypto art series is also a successful cultural product that combines technology and art.
Punk is Punk in the same way that an asteroid hitting the earth is hard to replicate, and special times happen like this. How do you ambush the next Punk? 1. Is there innovation? 2. Is the seed community very geeky? 3. Is it a historical level under the megatrend? 4. Can the team continue to do it? 5. are the institutional holders coming in at the middle stage good enough to drive the project forward? 6. can it create a cultural resonance in the circle? These are all worth exploring.
Regarding collection investment strategies, I am very much focused on niche artists from developing countries, especially those with a pure art background or a very pioneering sense of creativity in the contemporary art field and those who respect the blockchain spirit of the blockchain community.
Moderator A: Each Trader (trader) has a different investment strategy, and each person has limited energy to focus on one vertical track. Suppose one is easily influenced by the market and forcibly changes his investment strategy. In that case, it is scary for a Trader, which is equivalent to the whole cognitive system having to be reconstructed.
H: The cost of a physical painting is not high, but it can be sold for hundreds of millions. Therefore, the value of a work does not lie in its materials or cost. Its physical price does not determine the value of Jpeg. In the structure of the blockchain market, Crypto Punks, Art Blocks, and BAYC represent the three dimensions that can be found in the NFT market. Crypto Punks starts from a programmer and is driven by technology; the monkey BAYC is community-driven. The blockchain community may be The base for the survival of the future blockchain; Art Blocks enter from artistic creativity.
From the perspective of social governance, Token is an institutional symbol. Mature NFT projects must create a field and a way of existence, and a variety of hobbies professional life corresponds to the current needs of various communities. I don't see it as a speculative target but rather as a script for building a kind of Metaverse called the respective Metaverse, whose development depends on the evolution of the community.
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Moderator A: The more successful 10K projects have a cultural tribe behind them, and the ethos can be very different from project to project. How do you see Art Blocks as a clear stream with awe-inspiring numbers? How do you see it breaking out and the appreciation and valuation insights into generative art as a discipline?
S: The group of projects in NFT that are particularly speculative and not culturally good enough are like passing clouds and won't be in the prosperous state they are today when the market is in a bad mood. But two things are sure to go a long way: firstly, good cultural content is never speculative. But anything that has an innovative aesthetic or interest that strikes a chord is not entirely speculative and has its own commercial identity quite typically. The second point, the trend towards avatars and social identities, is unstoppable.
I am very bullish on generative art. Behind it is a respect and exploration of the mathematical logic behind information technology. The methods used are engineering in nature and reflect the cultural identity of a group of people.
C: Generative art started with computer technology and continued until this wave of artificial intelligence, more precisely the application of convolutional neural networks, entered the aesthetic vision of the masses, with a low correlation to the market price of generative artworks. In the past, the general aesthetics of popular art did not break through the traditional class texture (strong mediated aesthetic vision), the blockchain market changed this law, and the same thing is now entering the NFT art collectibles market.
H: NFT is a fuse to the art market, not a monopoly on art history. When the financial operation goes to an extreme, it is decoupled from the actual value creator. Although Art Blocks has a centralized organizer, it is isomorphic with the state-of-the-art community. Generative art will present different visual effects depending on the materials used. With the rapid development of technology and speculation, it is possible to join the first-line NFT.
Y: Art Blocks is the same thing as the explosion of CryptoPunks. Looking at the top 20 Crypto Punks holdings, the most intuitive data is that there is a very high degree of overlap with the big Art Blocks accounts, with the smallest of these holdings holding more than 50 Art Block NFTs.
More generally, a large percentage of the first blockchain explorers to make a large fortune were programmers. The culture that Art Blocks carries is precisely an aesthetically pleasing phenomenon from a programmer's perspective.
Any art form first evolved from technology, and the value of NFT relies on the programmer-led blockchain revolution to provide sufficient wealth to support it. Crypto Punks represent a new class of people, the last piece of the puzzle in internet development.
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A: The bigger the wave, the further back you look; what should be the kind of work that can be called classic or digital antiques? What is the view on the future of NFT?
C: If we look at this from a long-term perspective, three points need to be considered. Firstly, there is a characteristic of any cultural investment product that performs more similarly to financial assets in a bull market and can be less liquid than financial assets in a bear market, with a liquidity black hole. Classic core assets can find counterparties no matter when they are traded. Broad consensus and acceptance are the hallmarks of traditional investments, and a sense of scarcity and value is formed over a long period.
Secondly, whether crypto art or generative art, continuing to move forward requires special attention to fit in with other cultural and sub-cultural trends, the spirit of the times.
Thirdly, the artist is a profession, not an inoffensive one. One might as well consider the NFT market giving artists such opportunities as a form of nourishment. If it does not produce investment returns, it is still making its contribution to the art market.
H: I encourage artists to get involved in art that may not be very romantic because there is a massive demand for essential art waiting there. A good NFT project is hardly successful without the creation of artists, and NFT offers a vast blue ocean for artists. Calmness is always within one's heart, maintaining a sense of rationality in the course of a bear or bull market, no matter how noisy it may be.
Host's summary: Since I entered this track myself, there are still times of anxiety and confusion, but things are still in the making. I hope that I can do something genuinely long-term like the four excellent teachers.
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bitcofun · 2 years
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Let's take a better take a look at today's altcoins revealing breakout signals. We'll describe what the coin is, then dive into the trading charts and offer some analysis to assist you choose. 1. Decentraland (MANA) Decentraland MANA specifies itself as a virtual truth platform powered by the Ethereum blockchain that enables users to develop, experience, and monetise material and applications. In this virtual world, users buy plots of land that they can later on browse, develop on and monetise. Decentraland utilizes 2 tokens: MANA and LAND. MANA is an ERC-20 token that need to be burned to obtain non-fungible ERC-721 LAND tokens. MANA tokens can likewise be utilized to spend for a series of avatars, wearables, names and more on the Decentraland market. MANA Price Analysis At the time of composing, MANA is ranked the 35 th cryptocurrency worldwide and the present rate is US$ 0.9145 Let's have a look at the chart listed below for rate analysis: Source: TradingView MANA dropped 80% given that March 1st and made a low near $0.5800 It's combined above this low considering that May 12 th. The cost may discover assistance in between $0.8808 and $0.8537 This level saw build-up on Sunday, includes the 9 and 18 EMAs, and surrounds the July monthly open. A much deeper retracement might reach near $0.8290 A drop to this level would rebalance more ineffective trading on the day-to-day chart. It might likewise run bulls' stops listed below today's opening rate and Saturday's swing low. The rate is checking the closest resistance, at $0.8962 Bears went into shorts here prior to recently's drop. It's likewise near the 40 EMA. If this resistance breaks, $0.9346 to $0.9923 might supply the next resistance. This location is in between the 61.8% and 78.6% retracement of the last month's sag. Bulls likewise turned down bulls here in late June on the weekly chart. A more substantial rally may reach a location of ineffective trading on the month-to-month chart from $1.0932 to $1.3375 This relocation would sweep most bears' tracked stops above relative equivalent highs approximately this level. Bulls intending for this level might desire to be careful because the total pattern is still bearish. If the sag continues, $0.7255 may provide the next assistance. A drop to this level would run bulls' stops under the June 18 th and July 13 th swing lows. It's a location where bulls have actually turned down bears sometimes considering that September 2021. Under this level, assistance may be near the last downswing's 50% extension, from $0.6290 to $0.5800 Bulls turned down bears here in Q2 2021 on the month-to-month and weekly charts. Near this level, stops near early May's and last September's swing lows provide bears an appealing target. 2. MetisDAO (METIS) METIS is based upon the spirit of Optimistic Rollup, constructing a user friendly, extremely scalable, low-priced, and totally practical Layer 2 structure (Metis Rollup) to totally support the application and company migration from Web 2.0 to Web 3.0. Its scalable procedure supports a vast array of usage cases, consisting of NFT platforms, decentralised Reddit-like social platforms, open-source designer neighborhoods, influencer neighborhoods, video gaming neighborhoods, freelancer neighborhoods, crowdfunding, yield farming, DEX trading, and a lot more. METIS Price Analysis At the time of composing, METIS is ranked the 238 th cryptocurrency internationally and the present rate is US$2960 Let's have a look at the chart listed below for cost analysis: Source: TradingView METIS dropped 91% from completion of March to mid-June. Ever since, it has actually combined while sneaking upwards. This upward motion sped up recently. A location in between $25518 and $23746 needs to supply the closest assistance if the bullish rally continues. This level is near the top of early June's build-up on the weekly chart. It will likewise quickly include the 9 EMA. The closest resistance might be at $2890 Reaching this level would sweep bear's stops above June 28 th's swing high.
Numerous swing highs above this level might continue drawing in the cost up. A location of ineffective trading on the weekly chart, in between $32955 and $41634, may be the main objective for bulls. The top of this variety, above $39518, likewise reveals ineffective trading on the everyday chart. It offers bulls a sensible location to take earnings if the rate can reach this far. Suppose the cost resumes the sag without reaching considerably greater. Because case, greater timeframes recommend that $1400 may be the next possible assistance level. This location, down to $11641, reveals ineffective trading on the month-to-month and weekly charts. It's likewise under the June 18 th swing low, providing bears an appealing target for searching bulls' stops. An ongoing decrease may reach a zone in between $9.211 and $7.690 This location reveals ineffective trading on the regular monthly and weekly charts. It likewise surrounds the July 2021 build-up zone's high. 3. Siacoin (SC) Siacoin SC is the native energy token of Sia, a blockchain-based dispersed, decentralised cloud storage platform. Sia functions as a safe, trustless market for cloud storage in which users can rent access to their unused storage area. Contracts and deals are implemented with clever agreements, and Siacoin is the legal tender for spending for storage on the network. The primary objective of the job is to end up being the "foundation storage layer of the web". SC Price Analysis At the time of composing, SC is ranked the 129 th cryptocurrency internationally and the existing rate is US$ 0.004232 Let's have a look at the chart listed below for cost analysis: Source: TradingView SC crashed 79% from its April high and set a low at $0.003129 in mid-June prior to starting a combination. The present rate, near $0.004143, might support the next upward relocation. This level is at the high of late June's debt consolidation. Above, a location near $0.004350 might use the very first resistance. This level is at the bottom of ineffective Trading on the weekly and everyday charts. It's likewise a location where bulls declined bears in early May. A transfer to this level may reach a little greater. A location of ineffective trading on the weekly chart, in between $0.004560 and $0.005242, might trigger a turnaround. This location consists of the 61.8% retracement and pockets of ineffective trading on the day-to-day chart. If the rally continues, $0.005963 provides the next rational target for bulls. Relocating to this level would sweep bears' stops above relative equivalent highs into ineffective trading on the month-to-month and weekly charts. Should the drop resume, $0.003449 may provide the closest higher-timeframe assistance. Bulls and bears have actually taken turns turning down each other near this level on higher-timeframe charts. It likewise saw build-up in December 2020 prior to a parabolic rally. Reaching this level would sweep bulls' stops under July 1st's swing low. A drop to this level might quickly reach $0.003140 A transfer to this level would sweep bulls' stops under June's low into the upper half of October 2020's build-up. Learn How to Trade Live! Join Dave and The Crypto Den Crew and they'll reveal you survive on a webinar how to take your crypto trading to the next level. Where to Buy or Trade Altcoins? These coins have high liquidity on Binance Exchange, so that might aid with trading on AUD/USDT/BTC sets. And if you're taking a look at purchasing and HODLing cryptos, then Swyftx Exchange is a user friendly popular option in Australia. Market Analysis Crypto News Decentraland (MANA) MetisDAO (METIS) Siacoin (SC) Trading Disclaimer: The material and views revealed in the short articles are those of the initial authors own and are not always the views of Crypto News. We do actively inspect all our material for precision to assist safeguard our readers. This post material and links to external third-parties is consisted of for info and home entertainment functions.
It is not monetary recommendations. Please do your own research study prior to getting involved. Read More
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worldcryptorumors · 2 years
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Top 20 NFTs ranked by Price in the last 30 days, December 21, 2022
#News #Crypto #CryptoNews #Cryptocurrency #CryptocurrencyoNews #NFT #NFTNews #NFTStats #Blockchain #BlockchainNews #NFTCollections #NFTCollection #NFTs
Here is a look at the top 20 NFTs ranked by price from the past month, as reported by DappRadar. NFTs Rank NFT Price 1 Bored Ape Yacht Club #1268 $938.44k 2 Bored Ape Yacht Club #232 $928.86k 3 Bored Ape Yacht Club #441 $683.19k 4 Bored Ape Yacht Club #3756 $540.09k 5 BoredApeYachtClub $351.58k 6 CryptoPunk #7261 $324.21k 7 Fidenza…
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storeelink · 2 years
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nfl games on today ? nft game top 3
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nnfl games on today ? nft games top 3 Like all arising and established sectors, certain platforms have deposited themselves as the main highlight of the NFT gaming world. These games are at the van of the current NFT mode because they've successfully integrated nft games with popular game themes. As similar, players get to play some of their favorite game stripes and at the same time engage with a profitable NFT request nfl games videos . Without farther ado, then are some of the games that fall within this order.
Can You Make Money Playing NFT Games?
nfl games on today Yes — while you've presumably heard of the news of people in Philippines earning a reasonable pay envelope playing Axie perpetuity, the cost to start playing the most popular play- to- earn game — Axie perpetuity — has reached at least a many hundreds bones nfl games videos . As ofOct. 27, 2021, what nfl games are on tv today the cost of the cheapest Axie you can find on the business is$ 93; druggies need three Axies to start playing. To start earning, you would have to recover your outspoken cost, which could take anywhere from 50 to 80 days, before earning between$ 8 to$ 40 depending on their Axies. nft games Axie Infinity nft games Axie Infinity borrows heavily from the Pokemon game series and adds its own blockchain twist to give the finished product an indeed more instigative sense. In this Ethereum- grounded game, players breed and collect nft games Axie Infinity
the best nfl games on today
- grounded digital faves called Axies for the core purpose of battling other players. Each individual Axies has its own inheritable imprint. thus, the sins and strengths of Axies are passed down to theiroffspring.As anticipated, these digital faves are tradeable on Ethereum NFT commerce, and the price of each depends on their frequentness and unique traits. To start playing the game, you have to buy 3 Axies. For each hunt, player- versus- player( PVP) battle, and adventure mode you gauge , you admit Smooth Love Potion( SLP) – the platform’s native ERC- 20 mileage commemorative – as a price. Axie perpetuity has been extremely popular in developing countries like the Philippines, where players can earn a substantial income playing the game. Players from the Philippines can check the price of 1 SLP to PHP directly on CoinMarketCap." and link" 1 SLP to PHP. For every attempt to breed a new Axie, you must pay a specific quantum of SLPs, which you can also buy at exchanges. Another ERC20 token native to Axie perpetuity is Axis perpetuity Shard( AXS), which functions as the platform’s governance commemorative. It'll also anchor the game’s staking service listed to go live at some point in 2021. Learn more in our deep dive on Axie perpetuity. Gods Unchained Gods Uncaged is a free- to- play game designed to inoculate rudiments of NFT into a familiar card trading gaming kidney. Players accumulate cards by copping them from other players or winning PVP competitions where the quality of cards and the gaming skill of players frequently determine the winner. specially, further emphasis is being placed on chops and strategy. This is because the game nft utilizes a ranked game mode where players with the same conditions are matched.
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nft games You win matches when your gameplay causes your opponent’s life to drop to zero before yours. For every palm, you admit experience points. As soon as the experience bar is filled up, you'll move to the coming standing or position and admit a new pack of cards to add to your collection. Note that each card is backed by an ERC- 721 commemorative. thus, you can trade them on the platform’s native business or the open request. nfl games on today Those concluding to vend cards within the game ecosystem will admit the platform’s native commemorative, GODS, as payment. It's worth noting that the GODS commemorative has not been officially launched at the time of writing this companion. Be sure to confirm that the development platoon has released GODS commemoratives to the crypto request before pacing to buy or admit any commemorative retailed as GODStokens.Learn more in our deep dive on Gods Unchained. Splinterlands Splinterlands is a free- to- play tradable card game that lets druggies earn as they play, analogous to Gods Unchained. You earn prices when you win card competitions. To start playing Splinterlands, you first have to buy a starter pack of cards, register a Steem account and unveil the bought cards on Splinterlands. In some cases, you may be lucky enough to find rare cards among your first set of bought cards. Also, you could find multiples of the same type ofcard.However, you can combine identical cards to boost their power or vend one of them in return for cryptocurrencies, If this is the case nfl games on today nfl games on. Once you familiarize yourself with the cards, you can do to battle other players or share in searches. The outgrowth of these conditioning would determine if you'll earn further cards or not. Read the full article
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cryptodailysun · 2 years
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To celebrate Hurricane NFT (NHCT) being listed on KuCoin, we will be launching a campaign to give away an NHCT reward pool worth $40,000 to qualified KuCoin users.Learn more about Hurricane NFT (NHCT): https://www.hurricanenft.ioWatch the Deep Dive Video into Hurricane NFT (NHCT) and Subscribe to the KuCoin YouTube Channel: https://www.youtube.com/watch?v=DdzwK5qbN34The campaign will run from 10:00:00 on April 11, 2022 to 10:00:00 on April 18, 2022 (UTC).Activity 1: Deposit NHCT to KuCoin, Enjoy an NHCT Prize Pool Worth $5,000!During the campaign period, the first 250 users who have an NHCT net deposit amount (deposits - withdrawals) of 500 NHCT will get $20 in NHCT each. Limited to 250 spots. First come, first serve! *The net deposit amount will be counted from the time the deposit function of NHCT opens on KuCoin at 09:00:00 on April 8, 2022 (UTC).Activity 2: Trading Competition, Enjoy an NHCT Prize Pool Worth $30,000!Users who have an NHCT trading amount (buys + sells) that reaches 3,000 NHCT on KuCoin will be qualified to share an NHCT prize pool worth $30,000!The rewards will be distributed as follows:RankingRewardsTop 1$1,700 in NHCTTop 2$1,500 in NHCTTop 3$1,200 in NHCTTop 4-10$800 in NHCT eachTop 11-20$600 in NHCT eachTop 21-30$500 in NHCT eachAll other qualifiersA share of $9,000 in NHCT in proportion to their trading amount (excluding the top 30 winners)*The reward for the qualified users other than the top 30 winners = (Each user’s total trading amount / all qualified users other than the top 30 winners’ total trading amount) * $9,000 in NHCT.Activity 3: NHCT and KuCoin Lucky Draw! Share an NHCT Prize Pool Worth $5,000!During the campaign period, all users who have a trading amount (buys + sells) of at least 1,000 NHCT and pass KYC1 will be qualified for the lucky draw.KuCoin will randomly choose 250 lucky users. Each user will receive $20 in NHCT.Note:Net Deposit Amount = deposits - withdrawals;Trading Amount = buys + sells;The quantity of rewards will be calculated based on the average closing price of NHCT/USDT during the campaign period;The Sub-Accounts and Master Account will be treated as the same account when participating in the NHCT activity;The top 30 Winners of the Activity 2 will not be eligible to receive the Activity 3 reward;KuCoin will update the top 10 rankings of Activity 2 before 13:00 on April 16, 2022 (UTC). The final rankings will be updated within 5 working days of the campaign ending;Rewards will be distributed within 7 working days of the campaign ending;This activity is not related to Apple Inc;The trading activity on the platform will undergo rigorous inspection during the activity. For any malicious acts conducted during the period, including malicious transaction manipulations, illegal bulk registration of accounts, self-dealing, etc., the platform will cancel the qualification of the participants. KuCoin reserves all rights to exercise at its sole discretion to define if the transaction behavior is counted as cheating behavior and determine whether to cancel the participation qualification of a user. The final decision made by KuCoin is with legal binding force to all participants who participated in the competition. Users hereby confirm that their registration and use of KuCoin is voluntary and is not forced, interfered with, or influenced by KuCoin in any way.Find The Next Crypto Gem On KuCoin!Download KuCoin App >>>Follow us on Twitter >>>Join us on Telegram >>>Join the KuCoin Global Communities >>>
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kopicrypto3 · 3 years
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SOREX
Sorex is an autonomous and self-regulating investment and staking platform.
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introduction
DeFi uses blockchain technology and cryptocurrencies that eliminate middlemen when transacting, said Mike Edward, CEO of Britain's second DeFi investment firm Dispersion Holdings. There is no actor in the middle that makes activities run faster, cheaper, more efficient and safer.
The price of the DeFi token leaves a lot to be desired, but the sector's real benefit is the lending and liquid betting options, not the useless governance token price.
The decentralized financial sector (DeFi) has been sitting in the backseat since creating a frenzy in the summer of 2020 until the first quarter of 2021. Currently, investors are debating whether the crypto sector is in a bull or bear market, that is to say, it's a good time to check the status of DeFi. and identify which protocols might set new trends.
Here's a look at the top-ranked DeFi protocols and a SOREX.IO review | LEADING CRYPTO INVESTMENT PLATFORM IN THE DEFI SECTOR
Multichain Investment Platform,
Auto Staking Protocol with Highest Fixed APY - 204,036.60%
A NEW WAY TO EARN PROFIT
AI Investment Protocol, Binary Options & NFT Lending - We aim to be the leading Crypto Investment Platform in the Defi Sector
SOREX rewards its holders with 2.11% daily interest, auto compounding every 60 minutes, earning 204,036.60% APY.
Just hold the SRX Token and watch your 1,000 $ SRX become 2,041,335.69 $ SRX in a year.
Powered by our innovative Sorex Treasury algorithm using auto-buyback & burn to support prices.
What is SOREX?...
SOREX is an AI-managed automated brokerage app that combines mathematically extrapolated polynomials with a pre-trained time series prediction neural network to accurately predict the evolution of the top 300 cryptocurrencies and invest automatically for you.
SOREX Highlights
PLAN : Earn easy income from close Artificial Intelligence exchange with pre-prepared time series hope neural organization
Crypto Exchange : Buy and sell any of the 300+ Cryptos in minutes. Exchange anywhere with security and accommodation
24/7 Support : Got a problem? Just reach out. Our help group is accessible 24/7
Multiple Choice: Up or Down? Anticipate where the costs will continue to bend your bets. 300+ Crypto resources for decisions. Only 2 different ways — UP or DOWN! Explore any of the 300+ Crypto Assets and anticipate how the fees will act during the time of your choosing. Watch the progress of the exchange continuously.
LVL Referral Program: Prescribe us to your colleagues and get at each of the THREE Levels 1. LVL - 20% 2. LVL - 10% 3. LVL - 5%
NFT Loans: Borrow and Borrow your NFT as collateral. Get progress in USDT, BUSD and SRX. Get a USDT or SRX advance. Use your NFT as collateral for crypto credits with the most important advances to appreciate proportions in the market. Get credit in USDT, BUSD or SRX and withdraw them quickly to your wallet.
WHAT CAN THE SOREX PLATFORM DO
Sorex is a platform that makes it easy to create your own digital currency, asset or utility token in an instant. The platform also provides staking and masternode services to enable more people around the world who do not have access to crypto exchanges to benefit from the crypto economy in a secure and transparent manner.
Sorex is a solution for long term crypto holders looking to earn from their holdings without trading or manual intervention.
Sorex is a platform that makes it easy to create your own digital currency, asset or utility token in an instant. The platform also provides staking and masternode services to enable more people around the world who do not have access to crypto exchanges to benefit from the crypto economy in a secure and transparent manner.
Autostaking SRX protocol
Bet before delivery, Bet in your wallet — put it all over the place. The SRX token is the core of Sorex Autostaking Protocol, the New Generation of Defi with Highest Fixed APY, collecting rewards periodically and the first — a pre-deliver get-hold-procure framework that expands your portfolio before it is delivered at a fixed rate of 2.11% daily or 204,036 ,60% per year holding SRX.
Investment Independence
SOREX uses the PLAN framework to cater for all types of financial support. The principle contrast between PLANs is the limit of speculation on each emphasis, which increases with each PLAN. There are two methods to get to the SOREX speculation stage: Holding SRX or through annual installments. How many tokens are expected for each PLAN is recalculated like clockwork to match each PLAN's fiat cost. This means that assuming token fees go up, any client might get the following PLAN as expected tokens will decrease. Against the norm, clients cannot downgrade the PLAN due to changes in token fees as long as they don't sell tokens.
How it works
I. Risk Free Value Fund (RFV)
Buy & Sell Fee
A portion of the buying and selling costs help maintain Sorex Treasury earnings. 5-10% of
trading volume diverted to Sorex Treasury, to help control
Sorex Autostaking Protocol distribution.
II. Betting Prize
📷
SRX Token
Compounds automatically with treasury backed currencies with intrinsic value.
. Automatic Burning Program
The program starts with 10 million $SRX reserved exclusively for incineration purposes and will increase over time. In order not to become a pump and dump program, we will perform combustion operations linearly and automatically.
Every week, 2-4% of the total supply will be burned. This percentage will grow over
weeks.
Tokenomics
SOREX will ship SRX Tokens on 21.04.2022 on 4 significant blockchains simultaneously — ETH, BSC, AVAX and FTM Complete Supply — 1,500,000 SRX Blockchains — ETH, BSC, AVAX, FTM SRX Token Launch — 21.04.2022 SRX List Price — $1.00 Dual Options — 28.02.2022 “PLANS” Venture Program — 28.02.2022 SRX Pre-shipment Staking — 03.03.2022 NFT Loans — 10.03.2022 For More Information: Website —   https://sorex.io Telegram Bounty Group —   https://t.me/+9PzCQ0jAPHoyNjlk Telegram Community —   https://t.me/SOREX_Officia Telegram Reference Program —   http://t.me/SOREX_Official_BOT Telegram Announcement — https://t.me/SOREX_Official_ANN Twitter —  https://twitter.com/SOREX_IO Perselisihan —  https://discord.gg/j8hU66PgPk
Username: Lukakuh
Link:  https://bitcointalk.org/index.php?action=profile;u=3122430
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worldcryptorumors · 2 years
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Top 20 NFTs ranked by Price in the last 30 days, November 30, 2022
#News #Crypto #CryptoNews #Cryptocurrency #CryptocurrencyoNews #NFT #NFTNews #NFTStats #Blockchain #BlockchainNews #NFTCollections #NFTCollection
Here is a look at the top 20 NFTs ranked by price from the past month, as reported by DappRadar. NFTs Rank NFT Price 1 Bored Ape Yacht Club #1268 $938.44k 2 Bored Ape Yacht Club #232 $928.86k 3 Bored Ape Yacht Club #8633 $738.13k 4 Bored Ape Yacht Club #5718 $560.56k 5 Bored Ape Yacht Club #2062 $508.62k 6 Fidenza #783 $471.15k 7 CryptoPunk #8191 $438.27k 8 CryptoPunk…
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coinprojects · 3 years
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New Post has been published on https://coinprojects.net/coinbase-wallet-adds-support-for-solana/
Coinbase Wallet adds support for Solana
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Top U.S. crypto exchange Coinbase has added wallet support for Solana (SOL) and its ecosystem of Solana tokens (SPL).
Coinbase cited the surging interest in Solana over the past 12 months as investors look for low-cost alternatives to Ethereum as a key reason behind adding support to the network.
The expanded wallet support comes just a few days after the firm launched Coinbase Pay, which enables users to fund their wallets directly via a web browser extension.
In a March 18 blog post announcing the move, the firm also loosely outlined plans to “further integrate” with Solana by connecting the Coinbase Wallet with decentralized applications (dApps) and NFTs hosted on the network, which is famously championed by FTX CEO Sam Bankman-Fried.
Users of Solana-based wallets such as Phantom and Solflare can now import their existing wallets into the Coinbase Wallet via a desktop browser extension as well.
Following the addition of the Solana network, the Coinbase Wallet now supports Ethereum, Avalanche, Polygon, BNB Chain, Bitcoin, Dogecoin Litecoin, Stellar Lumens and the Ripple network. Coinbase said:
“Many users have been looking for networks that are optimized for scale, offering low-cost transactions and fast transaction times. One of the fastest-growing blockchains over the past year has been Solana.”
According to data from Defi Llama, the Solana blockchain is currently ranked fifth in terms of total value locked (TVL) in decentralized finance (DeFi) protocols at $6.94 billion. NFT data aggregator CryptoSlam ranked it as the second-highest blockchain for secondary sales volume last month at $156.28 million.
Related: What is Solana (SOL) Pay, and how does it work?
Much like the majority of the crypto market which has had a torrid performance this year, the price of SOL is down 18% over the past 30 days to sit at $85.90 at the time of writing. In the short term, Cointelegraph’s Rakesh Upadhyay has identified a bullish target of $122 for SOL if the price breaks above the 20 day moving average of $86, or the bearish figure of $66 if the market fails to support and hold above that zone.
Source link By Cointelegraph By Brian Quarmby
#Altcoin #Bitcoin #BlockChain #BlockchainNews #Crypto #RippleNetwork #XRP
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sotatekglobal · 3 years
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Which Is Better For DeFi Projects: Ethereum or Solana?
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In the DeFi world, Ethereum and Solana are both striving to capture the potential market by allowing their users to create the best projects on the Blockchain network. Ethereum, which was first introduced in 2015, is already regarded as an industry veteran. As of Feb 2022, its market cap is $296 billion and the current price of Ethereum is $2,476.17. Meanwhile, Solana Blockchain has grabbed the headlines of several media sources since its initial release. Many Solana Projects are launched and its Solana token price reaches $81.89. So, what's the difference between these two blockchains, and which is preferable for constructing DeFi projects? Let's see what we can find out on this blog!
1. A Brief Introduction Of Two Blockchain Networks
a. Ethereum Blockchain
Ethereum is the most frequently used blockchain system for creating and running DApps, Smart Contracts, and Tokens, with a white paper dating back to 2013. As you may know, Ethereum is the first public blockchain to have Smart Contract functionality, which allows for more transparent transactions, lower commission fees and eliminates the need for third-party interference. Bitcoin was the other main blockchain at the time, but its powers were limited to virtual currency issuance.
Ethereum has its own digital money, Ether (ETH). Aside from that, the blockchain hosts more than 460,000 coins (according to Etherscan) that follow the ERC-20 standard. Some top Ethereum crypto projects include Tether (USDT), Basic Attention Token (BAT), USD Coin (USDC), ChainLink (LINK), and Dai (DAI). Moreover, the recent growth in Non-fungible Tokens (NFTs) has also boosted Ethereum's appeal. While ERC-20 is a class of identical tokens, the ERC-721 standard forms the basis for non-fungible tokens. These are one-of-a-kind items that can be issued, sold, and bought in specialized NFT marketplaces.
b. Solana Blockchain
Solana was brought into DeFi and Tech World as an “Ethereum Killer” thanks to its advanced technology and high scalability. This is mainly because this blockchain open-source platform addressed shortcomings of the previous one, such as low transaction speed, high fees, and scalability issues through a new Proof of History (PoH) consensus algorithm. Given that Solana can currently handle 65,000 transactions per second at an average transaction cost of $0.00025, this blockchain has delivered on its promise. Another accomplishment is the SOL token's rapid ascension into the top ten crypto market cap rankings. In February 2021, Solana was ranked only 42nd, and as of February 2022, it climbed to #8 ranking.
     Related: Do You Know: 8 Key Features Bringing Solana Blockchain To The Headlines?
2. Compare Some Factors To Find Out The Better For DeFi Projects
a. Smart Contracts
While Ethereum Smart Contracts are written with the Solidity programming language, Solana developers will use Rust to write Smart Contracts. Moreover, Solana is designed with parallel run-time allowing smart contacts to execute concurrently. As a result, thousands of smart contracts can be processed at the same time. Meanwhile, Ethereum’s EVM runtime is single-threaded, which means that smart contracts are queued and one smart contract changes the state of the blockchain at a time.
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Compare Smart Contract between Ethereum and Solana blockchain.
Another distinction is that on Ethereum, data and code are linked, whereas in Solana, they are not. On Ethereum, a smart contract contains both the code and the data processed by the code. Smart contracts on the Solana blockchain contain only code and no data. The program receives all data as input.
b. Consensus Mechanism
In terms of mechanism, Ethereum's Proof-of-Work (PoW) mechanism is used to achieve consensus. However, there are some issues with the Proof-of-Work (PoW) mechanism, one of which is that it consumes a lot of power and energy, making it inefficient and resulting in higher gas fees. As a result, Ethereum is currently migrating to the Proof of Stake (PoS) consensus algorithm, which is 99.95% more energy efficient. This change will not only make the blockchain more environmentally friendly, but it will also lower technical barriers for anyone to stake, enable better decentralization, and provide stronger support for shard chains – a critical upgrade in scaling the Ethereum network.
Solana blockchain, on the other hand, employs a completely novel technology known as Proof of History (PoH), which is combined with Proof of Stake (PoS). And the combination is, no doubt, better for DeFi projects development. PoS applications can process and approve transactions more quickly, more scalable, and use less energy. The same can be said for PoH. Despite the fact that PoW is still a popular consensus model, some projects have already begun the transition from PoW to PoS. (just like Ethereum itself).
c. Scalability
With 400ms block times and sub-second finality, the Solana network is one of the fastest chains in blockchain technology. Solana's network claims to be capable of processing 65,000 tps, which is accomplished by PoH, Tower BFT, and Turbine. Although some Ethereum Layer 2 chains support such speed, they cannot do so at the scale that Solana can in addition to the weight of being a Layer 1 Protocol.
d. Transaction Cost
Running projects on Solana is relatively inexpensive, with an average cost per transaction of $0.00025. In comparison, the cost of performing a transaction on Ethereum is typically between $20 and $70 per transaction, depending on network congestion. According to many businesses, high cost always equates to high quality. They believe that if they pay a lot of money for transactions, each transaction, as well as their funds, will be secure. However, it is impossible to deny that the transaction cost for building DeFi projects on Solana is quite appealing. As a result, while the blockchain world awaits Ethereum 2.0, Solana has a great opportunity to rise to the top.
3. DeFi Projects On Ethereum And Solana
When it comes to dApp development, Ethereum is the undisputed leader. On the Ethereum Ecosystem, until Jan 2022, there were roughly 3000 DApps and 50,81k daily active users. One of the most common use cases for this blockchain is DeFi projects, such as decentralized exchanges, asset tokenization platforms, KYC and identity solutions, cryptocurrency lending and borrowing dApps, and payment solutions. Some outstanding platforms can be Uniswap (a protocol for trading and automated liquidity provision), Aave (Decentralized Finance Platform showing liquidity protocol), etc.
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let's take a look at the statistics of DeFi projects on the Ethereum ecosystem.
Although it is relatively new to the public when compared to Ethereum, Solana has grown its ecosystem to 400 projects in less than a year and a half. Almost all projects on Solana are related to the development of NFT and DeFi: there are 116 DeFi apps and 193 NFTs running on this blockchain. Top 4 DeFi projects built on Solana are Serum - the DEX, Raydium - the Automated Market Maker, Oxygen - the Decentralized Bank, and Saber - the Stablecoin Hub.
4. Final Thoughts: Building DeFi Projects On Ethereum And Solana
To sum up, having their own competitive advantages, both Solana and Ethereum blockchain are suitable for DeFi Projects Development. There is no “one-size-fits-all” solution for every company and every project. Therefore, after being equipped with some basic information, you can choose the right one, depending on your projects’ requirements.
Please contact us if you want to build Top Solana DApps or Best Ethereum Projects. SotaTek is a leading Outsourcing Company in Vietnam with over 6 years of experience collaborating with many global clients of various sizes, including small start-ups, medium-sized businesses, and large corporations. Our Blockchain experts can provide you with extensive knowledge of languages and platforms. Once you put your trust in us, you can be confident that the final DeFi projects will be fault-tolerant, and transparent to meet your strict requirements. Now, it's time to join the DeFi wave and outrun your competitors!
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