Author: hotcrypto
The mainstream investors have started adding cryptocurrencies to their portfolio. The crypto market has evolved since 2012, when it was virtually unheard of, but the sector reached a peak market value of $3 trillion in fall 2021. The surge in the market that made the early crypto investors affluent has piqued the interests of young investors who are looking to invest in the next cryptocurrency unicorn. In this article, we take a look at three cryptocurrencies that could be a good investment opportunity – Solana (SOL), Binance Coin (BNB), and Flasko (FLSK). Solana (SOL) Shows Sluggish Growth Solana (SOL) is…
Courtesy of Charles Hoskinson’s Twitter Again, Hoskinson references a big issue in the Ethereum blockchain despite the recent Merge. The IOG founder also said Cardano stakers don’t have to be rich to participate in Cardano staking, unlike Ethereum stakers. IOG Creator, Charles Hoskinson, has shared his insights regarding the recent Ethereum switch from a proof-of-work (PoW) to a proof-of-stake (PoS) network. Compared to a PoW, a PoS network requires less energy to support a chain. In a recent tweet, Hoskinson called Ethereum the Hotel California of crypto even though he was one of the founders of the popular network. Hoskinson…
2021 featured new tokens emerging, and we saw surges in the cryptocurrency prices of several existing coins, from Solana to Dogecoin and even Shiba Inu. However, most of the tokens in 2022 have suffered decreased monthly valuations due to the bearish tendencies the crypto collapse has caused. Despite these downtrends, some tokens, like Solana (SOL), ApeCoin (APE), and Big Eyes Coin (BIG), have shown signs of being able to escape their low points in the coming weeks. Read on to find out why you should start investing in these coins today. Solana (SOL) – NFT Central Platform Solana was developed…
Terra classic rose by as much as 20% in today’s session, which comes following a recent bearish streak. Today’s rally follows Thursday’s drop to a key support point, with bulls using this as an ideal area to reenter. Xrp was also higher, as it moved closer to a long-term resistance level. Terra Classic (LUNC) Terra classic (LUNC) was one of the most notable gainers on Saturday, as the token rose by nearly 20% to start the weekend. Following a low of $0.0002671 on Friday, LUNC/USD rose to an intraday peak of $0.000328 earlier today. The move came as the token…
Litecoin is consolidating but inching closer towards a bullish trend reversal. LTC investors have been unfazed by the September 15 crash as they continue to accumulate. Since Litecoin’s correlation with Bitcoin is at a low, it may be spared from the broader market bearish trend. The silver to Bitcoin’s gold, Litecoin, has been one of the few altcoins to not only survive the multitude of crashes in the past but also remain one of the top cryptocurrencies in the world. This is only possible thanks to its loyal investors, that have held on to their LTC over the last few…
Shiba Inu (SHIB) Staking: Which Crypto Exchange Offers The Best Deal? Shiba Inu (SHIB) is a popular meme coin with a strong, vocal community following. The constant votes for inclusion of all three members of the (SHIB) trifecta ($SHIB, $BONE & $LEASH) has borne fruit, leading to a number of crypto exchanges listing the three tokens. However, few crypto exchanges offer staking for Shiba Inu (SHIB), let alone with double digit APY. OKX Crypto ‘Gold Rush’ Includes Shiba Inu (SHIB) The powerful voice of the Shiba Army, and the vibrant Shiba Inu (SHIB) ecosystem convinced the Seychelles-based OKX crypto exchange…
The primary reason new users are trooping into the Crypto space is for the opportunity to make extra profits. People have identified crypto as an uncharted territory with promise, and they have put their best foot forward, and taken the initiative to invest. Many users who invest with careful consideration and research have profited from the industry by doubling or even, on some occasions, tripling their profits. For this reason, it is important to observe the characteristics and values of crypto projects before making a purchase as price volatility could spell doom for your portfolio. Some safe bets out in…
The majority of new investors are in the middle of their first crypto winter, during which most digital assets have depreciated by more than 70% from their November 2021 highs. While a bear market is tough for everyone, it can be especially challenging for those who are new to the space and don’t have much experience dealing with market volatility.That said, there are still opportunities to earn passive income during a bear market — crypto traders just have to know where to look. In this article, we will look at how Wall Street traders persevere and what simple things can…
Deflationary crypto coins are cryptocurrencies that employ a specific tokenomics model that ensures the growth of the value of tokens over time. The economic theory of supply and demand is put into practice when developing cryptocurrency tokenomics to ensure sustainable growth of crypto asset value over time. A deflationary token model is a model that is designed to reduce the overall supply of the tokens to the market with time. The reduction in supply is expected to drive up demand for more tokens which essentially results in the growth of the value of the token. Since token holders always want…
The big three – decentralization, scalability, and security are issues faced by the general population of blockchains in the industry. It has been claimed that a decentralized network can offer one or two, but not all. Offering all means that one or two will be available on a lower scale, sacrificing the effectiveness of that solution. Despite the inescapable trilemma, many chains like Cardano and Polkadot have gone ahead to do their best, providing impressive security, high scalability, and decentralization. A novel platform called Big Eyes Coin (BIG) is governed by protocols geared at achieving decentralization and security for users,…