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Search Results for: DOT

How a Hackathon Project Became a Five Hundred Million Dollar DeFi Protocol

Decentralized Finance (DeFi) has grown to be a crown jewel of the crypto ecosystem, with over $203 billion locked in various protocols as of writing. While there are many DeFi projects that currently exist, some have a more valuable proposition than others. In this article, we introduce Parallel Finance, a

March 14, 2022 5 mins read

Top 3 Promising Altcoins Amid Recent Market Fumble

AVAX’s price has been able to halt its declines from the previous session. Terra has the greatest circulating market value among the top 30 invested assets. Let us look at the top 3 promising altcoins amid the recent market fumble. Axie Infinity (AXS) It’s widely accepted that Axie Infinity is

March 12, 2022 2 mins read

Terra (LUNA) Records New All-time High Followed by Brief Correction

An impressively long green candle on February 28 lifted LUNA over $90. LUNA’s volatility has decreased by 55.5 percent in the last 24 hours. On Wednesday morning, Terra’s LUNA token reached a new all-time high of $104.58, surpassing the previous record of $103.34 set in December. Compared to other large-cap

March 12, 2022 2 mins read

MicroStrategy CEO Michael Saylor Calls Only Bitcoin Truly Scarce

Saylor, the dot-com guru famous for his $6 billion loss in a single day. As of February, the corporation had 125,051 bitcoins. According to crypto enthusiast and MicroStrategy CEO Michael Saylor, only one object in the world is scarce: bitcoin. During an interview on the PBD Podcast, MicroStrategy’s CEO noted

March 10, 2022 1 min read

Avalanche Price Surges 10% Following Launch of Multiverse in Stages

Unlike Polkadot’s parachains, the subnets will be available in endless supply. The Avalanche foundation has launched Multiverse in stages. The crypto community has been making major contributions to the industry’s recovery from the current gloom. The $3 trillion market valuation is still a long way off. However, a few of

March 9, 2022 2 mins read

Top 3 Altcoins With Huge Potential to Double in Value in March 2022

On March 14th, AdaLend will hold a public auction on five Launchpads. The Bulliverse initiative has gained a sizable social media following. Here are the top three altcoins, according to Joe Parys, a well-known crypto analyst, and YouTuber, who believes they have the best chance of doubling in value in

March 9, 2022 2 mins read

Major Coins Fumble Along With FTM, YFI and Other DeFi Projects

Andre Cronje has erased any references to DeFi projects on LinkedIn. At $2,514.25, Ethereum (ETH) fell 5.59 percent in the last 24 hours. It has been announced that decentralized finance (DeFi) project creator Andre Cronje would stop working on them and plans to quit the crypto sector. Due to this

March 7, 2022 1 min read

Algorand (ALGO) Price Consolidates After Recent Strong Bearish Momentum

Investors’ behavior and network statistics are now disappointing. ALGO did not see a surge in value in November instead of remaining stable. In most cases, the upward price movement of a cryptocurrency is the primary reason for its success in the market. According to this storyline, Algorand has resisted it.

March 6, 2022 2 mins read

After Strong Bullish Rally Bears Trying to Dominate the Crypto Market

BTC extended decline and traded below the $42,000 support level. Ethereum extended decline below the $2,800 support zone. Bitcoin began a downward reversal against the US Dollar, trading below $42,000. BTC must stay above $40,000 to avoid a trend reversal. Bitcoin price failed to stay above the $43,000 support zone. 

March 4, 2022 1 min read

Ukraine Cancels Recently Announced Airdrop Following Fraudulent Activities

Etherscan identified a bogus airdrop that had already begun. Ukraine’s contribution wallet is said to have received $40 million in crypto donations. On Wednesday, Fedorov notified the Ukrainian public that the nation has chosen to postpone an airdrop for crypto donors announced on Tuesday and intended to raise additional money

March 4, 2022 1 min read