Tortola, British Virgin Islands, 19th January, 2022, Chainwire Heroes of NFT, a metaverse gaming environment where players can create their
The post has appeared first on thenewscrypto.com
The post Heroes of NFT Unveils its First Collectible NFT Card Game on Avalanche appeared first on CoinRegWatch.
LBank Exchange, a global digital asset trading platform, will list STEP on January 21, 2022. For all users of LBank
The post has appeared first on thenewscrypto.com
The post LBank Exchange Will List STEP on January 21, 2022 appeared first on CoinRegWatch.
Elon Musk, the CEO of Tesla, has a new favorite cryptocurrency “Baby Doge”. A derivative of the popular meme currency Dogecoin. Dogecoin’s developers blended the popular Shiba Inu of the time with the emerging notion of cryptocurrency.
Baby Doge, a new cryptocurrency created by enthusiasts of the online doge meme community, aims to please his father by displaying new and enhanced features. Baby Doge was created in June 2021 with an ambitious plan that includes pet charity endeavors, NFT production, GameFi, and other initiatives.
It is a deflationary token that will become rarer over time. Baby Doge owners will earn additional coins simply by keeping them, instantly giving them to their wallets.
The number of Baby Doge coins in holders’ wallets is consistently growing since they earn a 5% fee on every transaction done on the Baby Doge ecosystem.
On June 1, 2021, Baby Doge Coin was born with the goal of creating a purposeful decentralized meme project. Crypto enthusiasts describe it as a fun meme with a serious mission to spread. In just 21 days, Baby Doge set a record with over 250,000 holders and a market cap of over $500 million.
It is a cryptocurrency project that is powered by the Binance smart chain. It is the offspring of Dogecoin, a popular meme coin whose value has risen in response to Elon Musk’s tweets. Baby Doge Coin claims that it has “learned a few tricks and lessons’’ from its “meme father Doge.”
Baby Doge has a competitive advantage over Dogecoin due to faster block times (5 seconds vs 60 seconds), lower gas fees, and increased ‘adorability.’
Furthermore, Baby Doge holders will have their wallets refilled regularly as a result of a 5% fee on all network transactions.
Baby Doge Protocol: Brief Introduction
Baby Doge is a deflationary token that will become scarcer over time. By simply holding Baby Doge coins in your wallet, you will earn more Baby Doge, which will be automatically sent to your wallet. As baby doge coin holders automatically receive a 5% fee from every on-chain transaction that occurs on the Baby Doge ecosystem, the amount of baby doge in your wallet will grow. The community receives more baby doge coins as a result of the transaction fees.
You can buy 130+ cryptocurrencies such as Baby Doge on BuyUcoin in less than 10 minutes and kickstart your crypto portfolio. It is incredibly simple to trade your favorite cryptocurrencies. Simply enter your email address to create a BuyUcoin account. The next step is to verify your account. To get your account verified, complete the KYC process by sharing your Aadhaar, PAN, and bank details. And at last, simply link your bank account to your BuyUcoin Wallet and begin trading.
Baby Doge, a virtually obscure cryptocurrency until a few days ago, nearly quadrupled in value following Musk’s tweet about it on Thursday. Musk referred to Baby Doge by using a viral Baby Shark song from last year.
body[data-twttr-rendered=”true”] {background-color: transparent;}.twitter-tweet {margin: auto !important;}
function notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === “#amp=1” && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: “amp”, type: “embed-size”, height: height}, “*”);}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind(‘rendered’, function (event) {notifyResize();}); twttr.events.bind(‘resize’, function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute(“width”)); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}
Baby DOGE has a market valuation of $0.2 billion (at the time of writing), which may not seem large in comparison to Dogecoin or Bitcoin, but is substantial for a currency that was discovered less than a year ago.
Baby Doge intends to make a significant impact in the e-commerce space. The project has been teasing a new collaboration that will allow the dog-themed cryptocurrency to be used as a payment method for millions of online businesses.
According to the news cited by Yahoo Finance, Baby Doge Coin has officially partnered with crypto commerce company Coin Payments, according to the project’s Telegram channel. The agreement has the potential to give the cryptocurrency widespread exposure because it “can be integrated as a payment method by an estimated 5.4 million e-commerce businesses worldwide built on” the platforms listed below:
body[data-twttr-rendered=”true”] {background-color: transparent;}.twitter-tweet {margin: auto !important;}
function notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === “#amp=1” && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: “amp”, type: “embed-size”, height: height}, “*”);}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind(‘rendered’, function (event) {notifyResize();}); twttr.events.bind(‘resize’, function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute(“width”)); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}
While Baby Doge has not collaborated with the brand names on these platforms, some of the corporations on Shopify include household names like Tesla, Anheuser-Busch, PepsiCo, and others. The new payment capabilities are one of the meme coin’s first use cases, in addition to its quest to save dogs.
Market Sentiment For Baby Doge
foresees a promising future for Baby Doge Coin, touting the token’s range of projects and “strong community backing.” It predicts that the price will reach $0.00000006 by the end of 2022. However, it is sceptical it will exceed that due to the token’s limited supply. The platform has a more bullish take on the token throughout the coming years. Indeed, it predicts that it will hit $0.00000012 by 2024 and could rise to as much as $$0.00000015 by the year’s end.
predicts that Baby Doge could rise to $0.00000000562 in 2022 and $0.00000000636 in the following year. Its model predicts steady growth through 2029, in which it foresees prices hitting $0.00000001691. A significant majority of the platform’s indicators rate Baby Doge as a strong buy.
classifies Baby Doge as a “not so good long term (1 year) investment” but still sees growth ahead. According to its model, investing $100 in Baby DogeCoin today would net a total of 25,171,924,243 BABY DOGE. The platform expects the revenue for a five-year investment to be roughly 150%. That would result in a 100 dollar investment is worth $250 by 2027.
Closing Thoughts
This is essentially a pure meme coin with very little fundamental value, but that didn’t stop its father, Dogecoin, from producing extraordinary returns.
Baby DogeCoin could be a lottery ticket work purchase if you are risk-tolerant and can afford to lose the money you are investing in.
What Is Baby DOGE Coin? How to buy Baby Doge Coins in India? was originally published in BuyUcoin Talks on Medium, where people are continuing the conversation by highlighting and responding to this story.
Crypto Investors and specifically crypto traders tend to neglect Metaverse Coins in their analysis and focus more on “standard coins” such as Ripple, Iota, Ethereum, Bitcoin, etc. But what about the MANA prices? This Metaverse token managed to increase extremely this year, and even made headlines when its prices soared by around 680%! In this MANA price prediction, we’re going to analyze the MANA token from a technical perspective, as it has the potential to boom further higher.
Decentraland is a virtual world where users can purchase, trade, and create digital real estate, art, and non-fungible tokens (NFTs). Users can achieve this by playing games and joining different ventures in the virtual world. It runs on the Ethereum blockchain. Two various kinds of tokens oversee progress in Decentraland. These are:
When Facebook was renamed “Meta”, the Decentraland price was able to increase by several hundred percent and perform an all-time high of around $5.935. This huge increase in prices caused a big profit-taking event that caused prices to tumble. The strong sell-off happened all at once and the price was able to correct up to the GoldenPocket. Since the Decentraland price reached the GoldenPocket, the price has moved rather less. Since the GoldenPocket mostly serves as strong support, and if you look at the overarching chart, we do not assume prices lower than the GoldenPocket (+/- $2.46) for the time being.
Because the MANA Price is corrected to the GoldenPocket, we have formed a possible ABC sequence. This sequence can help us determine the new high or all-time high. In that case, we look at the 100 extension line and can read that the new high could be near $7.85. This would mean an increase of about 175%. The only requirement here is that the MANA Prices hold the GoldenPocket and don’t fall below it.
Technical traders approach trading and analyzing charts differently. You might decide to follow support/resistance levels, or maybe look at Fibonacci retracements or even trading volumes. What’s always important on the other is to always determine your risk tolerance, manage it, and make sure to stick to your plan. MANA prices reached a strong support area, which was confirmed by many indicators. That’s why we believe that further highs might occur soon.
On the other hand, this is all dependant on the performance of the entire cryptocurrency market as a whole. If the crypto market suffers from an additional bearish market, MANA prices might follow lower. That’s why placing adequate stop-loss levels will always be beneficial.
You can purchase MANA on crypto exchanges like Binance , Coinbase , Kraken , and Bitfinex.
The post MANA Price Prediction – Potential MANA Token BOOM of 175% soon? appeared first on CryptoTicker.
A regional court has sentenced a man accused of illegally connecting his crypto farm to the grid to two years in prison. The decision comes as authorities in Moscow prepare to address the lack of proper regulations for cryptocurrency mining, which has become a popular source of income in Russia. Illegal Crypto Farm Burns 1.3 […]
Janine Yorio explains the reasons behind the demand for Metaverse real estate. She identifies Coinbase and OpenSea to be the key players in this nascent field. Big brands continue to set up shop in the metaverse. An expert revealed that Coinbase and OpenSea will be key in the development of the Metaverse as she explained […]
The new year seems to be opening up in good light for Cardano as the blockchain network continues to earn praises across the crypto space. The latest boost of publicity for Cardano and ADA comes from proponents who continue to share express sentiments about the network. Evidently, ADA has recently seen a significant increase in […]
The live Theta Network price today is $4.26 with a 24-hour trading volume of…
The post Theta is up 9% today and counting: here’s where to buy Theta now appeared first on Coin Journal.
Looking at the top 20 cryptocurrencies by market cap (excluding stablecoins), altcoins showed the biggest returns leaving Bitcoin in the dust.
The post Bitcoin was the third-worst performer last year as low cap altcoins showed the biggest returns appeared first on CryptoSlate.
