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  • Metacade Presale for Web3’s First-Ever P2E Crypto Arcade Raises Over $670k in Under 2 Weeks

    Metacade Presale for Web3’s First-Ever P2E Crypto Arcade Raises Over $670k in Under 2 Weeks

    London, United Kingdom, 8th December, 2022, Chainwire

    Metacade, the first-ever community-developed play-to-earn (P2E) blockchain arcade, has announced the launch of its highly anticipated $MCADE token presale. 

    The sale of Metacade’s native utility token sold over an incredible $670k in under 2 weeks, with their Beta Sale stage now over 60% SOLD OUT.

    $MCADE is available to buy on the official Metacade website.

    Positioning itself as a Web3 community hub, this gaming-first platform is set to attract gamers, investors, and entrepreneurs alike by offering a multitude of ways to earn, play, and connect. It looks to be a central hangout for all of those interested in GameFi and metaverse. 

    To ensure investor confidence, $MCADE has been audited by leading blockchain auditing firm CertiK, a security-focused platform that analyzes and monitors blockchain protocols and DeFi projects. Verification and approval from CertiK mean that the code behind Metacade is highly secure and has been scrutinized for any weak spots. 

    Metacade harnesses the power of Web3 to take blockchain gaming to the next level. The project goes beyond play-to-earn and offers a place to discover what games are trending, view leaderboards, publish game reviews, and access the hottest and most advanced GameFi alpha.

    Head of Product for Metacade, Russell Bennet said: “The crypto gaming space is crying out for a single destination where we can all go and learn, earn and play games with fellow enthusiasts without having to jump from platform to platform”.

    Metacade isn’t out to just improve the existing P2E and metaverse worlds but also to foster the future of this space. The project’s hallmark feature is Metagrants, a source of funding awarded to game developers to bring new games to the Metacade. The Metacade community will vote on which projects get funded to turn the collective vision into a reality on the platform. The first game developed using the first Metagrant will be launched in 2024.

    By the end of 2024, the project intends to transform into a DAO, handing over key roles and responsibilities to the Metacade community and achieving a fully community-staffed business. It looks to achieve this by deploying Play2Earn, Create2Earn, and Work2Earn functionalities with each of these initiatives giving a little more control of the project over to the community in the coming years. 

    Reflecting on the core ethos of Metacade, Russell said: “We want to create a community that has zero barriers to entry whether you want to work in the space, launch a business or just hang, out, play, and have fun.”

    $MCADE has a fixed supply of 2 Billion $MCADE tokens. Seventy percent of these (1.4 billion $MCADE tokens) are being made available during the token’s presale event. The remaining thirty percent will be used on exchange listings, during development, providing liquidity, and funding the competition pool. 

    $MCADE is the utility and governance token powering the project. It plays a crucial role in the platform’s functionality as holders can use it to vote on the project’s future direction and new game proposals. It will be the main tool for interacting with the Metacade ecosystem: holders can use it to enter tournaments and exclusive prize draws, purchase merchandise, and many other things as the platform develops. 

    Token holders will have plenty of opportunities to earn rewards through the project. $MCADE holders can earn from activities such as contributing content, reviewing and testing games, and generally engaging within the ecosystem. $MCADE holders may also stake their tokens in liquidity pools to earn rewards and APYs based on the amount staked. Staked rewards are paid in a stablecoin amount rather than in $MCADE to protect the value of the funds from inflation and price swings. 

    To further promote a deflationary attribute to the token, Metacade plans on introducing a burn mechanism or a buyback scheme. Token burning will help the ecosystem permanently erase a given percentage of supply, thereby lowering the overall supply and boosting the value of $MCADE in the long run.

    Right after the $MCADE presale is complete, Metacade will roll out the website and build a founding team. In Q1 2023, the goal is to list the $MCADE token on Uniswap and the top five centralized exchanges, along with popular crypto aggregators. With an ambitious road map, Metacade is on track to revolutionize how a traditional community hub is owned and operated.

    The Metacade Beta sale has now sold over $670,000 worth of tokens in under two weeks and at the time of publishing has under 40% remaining. 

    To buy $MCADE, visit Metacade.co and join the presale now. 

    About GameFi
    GameFi, one of the most talked about and promising sectors of Web3, creates a virtual gaming ecosystem that relies on the use of cryptocurrency, non-fungible tokens (NFTs), and blockchain technology. At the core of the GameFi ecosystem is the play-to-earn (P2E) gaming model. Unlike the traditional pay-to-play model, P2E allows gamers to earn financial rewards by participating in challenges and tasks.

    About Metacade
    Metacade is the premier destination for gaming in the metaverse. As Web3’s first community arcade that allows gamers to hang out, share gaming knowledge and play exclusive P2E games. The platform offers users multiple ways to generate income, build careers in Web3, and connect with the wider gaming community. 

    Metacade will be the one-stop destination for users to play, earn, and network with other passionate gamers worldwide. Once the project reaches the end of its roadmap, Metacade will be handed over to the community as a full-fledged DAO. After all, Metacade wants you to have a hand in shaping the GameFi world of tomorrow.

    Links

    Contact

    Head of Product
    Russell Bennett
    Metacade
    pr@metacade.co

  • Affyn’s Quiz to Win Contest Launches With a Dynamic Prize Pool of 8,000 USDC

    Affyn’s Quiz to Win Contest Launches With a Dynamic Prize Pool of 8,000 USDC

    Key highlights:

    • Affyn had announced a Quiz to Win contest, giving users the opportunity to earn rewards while having fun
    • Affyn’s Quiz to Win will feature a dynamic prize pool of up to 8,000 USDC
    • Initially announced in September, cities in the NEXUS World can now be claimed by users

    Affyn, a rapidly growing Singapore-based blockchain company, is setting the pace for the festive atmosphere with the launch of an exciting contest dubbed “Quiz to Win”. In a bid to incentivize and entertain users in this season of celebration, the event will be accompanied by many prizes and a lot of fun. The rewards will be distributed on December 21st.

    Affyn’s Quiz to Win features a prize pool of 8,000 USDC

    The Affyn ” Quiz to Win ” event has been scheduled to commence on December 7, 2022, at 12:00 UTC. This will see users standing a chance to win up to 8,000 USDC in just 1 hour. 

    According to a recent tweet from the blockchain firm, it revealed it is set to incentivize users amid the world’s most anticipated season of giving. Hence, Affyn has invited users from all corners to participate in its Quiz to Win contest. The tweet reads;

    According to the announcement, the contest is strictly limited to only the registered users of the platform. Hence, intending participants must ensure they have been registered on the platform before they can join the contest. 

    Following the contest, Affyn will give all participants the task of solving a Kahoot quiz that comprises 30 questions. If answered correctly, the participant stands a chance to win a bundle of USDC. Hence, the platform urges users to start making research on Affyn, or simply click on the “Learn About Affyn” feature displayed on its website.

    In addition, the contest will be featuring a dynamic prize pool which will be scaled depending on the number of people willing to participate in the contest. As such, the quantity of tokens to be won by participants will be determined by the population of people who come to play. 

    Although the top prize pool allocated for the Quiz to Win event is 8,000 USDC, there are many reasons to participate in the Affyn quiz challenge, as there are a lot of smaller prizes available for more people to win. The platform further noted that the rewards will be credited to the MetaMask wallet of all winners.

    Notably, Affyn’s quiz challenge is open to people from all parts of the world, provided they are registered on the platform.

    City Launch gets underway as a part of the second leg of the NEXUS World Land sale

    It appears that the Affyn blockchain firm is committed to making new innovations to make the crypto space more exciting and engaging for users. Earlier this year, the platform disclosed the launch of its NEXUS World, an NFT project that gives users the opportunity to own digital lands in the Metaverse.

    A few months after Affyn disclosed the launch of its NEXUS World Land, which allows users to own a digital NFT land plot of a play-to-earn metaverse, the company revealed that the Flag Sale Phase 2 and City Launch programs are now underway.

    Developed by the Affyn platform, NEXUS World Land offers users of the platform an opportunity to own NFTs in the Metaverse. This way, they can easily hop on the Metaverse trend with an NFT-based world where they can play, enjoy, and earn income.

    NEXUS World Land exposed Affyn users to the exclusive benefits associated with owning a plot of land in the Metaverse, which automatically makes them a Mayor of a Hometown as each Land NFT of the NEXUS World is a Hometown.

    While noting the relevance of creating the NEXUS World, the platform said;

    “We are going to do what no other blockchain companies have been able to do thus far: to go mainstream, reach the masses, and achieve widespread adoption. Join us to co-create the NEXUS World by being an owner of the 100,000 Land NFTs, which form the backbone and foundation that powers our metaverse’s economy.”

  • Is Shiba Inu Dead? Exploring Reasons Behind SHIB Market Crash

    Is Shiba Inu Dead? Exploring Reasons Behind SHIB Market Crash

    Shiba Inu (SHIB) cryptocurrency logo cover image

    The Shiba Inu (SHIB) cryptocurrency has been a subject of interest among many cryptocurrency investors since its launch in August 2020. It was designed to be a decentralized, deflationary, and community-driven cryptocurrency. However, after a massive upswing in 2021, the coin has dropped significantly in value, leading many to question whether Shiba Inu crypto is dead.

    The answer to this question is not so simple. The truth is that the Shiba Inu token has seen a significant decrease in value since its price peak in late 2021. According to our data, the token’s all-time high was on October 28th, when it traded for $0.00008819. Since then, its value has dropped to a low of $0.00000723 on June 18th, 2022. This is a decrease of roughly 90%, making it one of the worst-performing cryptocurrencies in that time frame.

    Buy/Sell SHIB
    Shiba Inu historical price chart
    SHIB/USD reached an all-time high of $0.00008819 in October 2021.

    However, it would be incorrect to say that Shiba Inu crypto is dead. Despite its sharp decline in price, the token still has a loyal following, calling themselves the “Shib Army”, and regularly clears hundreds of millions of dollars in daily trading volume. Additionally, the token has become nearly as popular as Dogecoin (DOGE), the original meme coin that launched all the way back in 2013.

    It is also important to note that the Shiba Inu token continues to be used as a form of payment on the Ethereum (ETH) network, and it is expected to become more widely accepted in the near future. Additionally, the token’s deflationary nature suggests that it is likely to become more valuable over time.

    Ultimately, the answer to the question “Is Shiba Inu Crypto Dead?” is no. While the token has seen a significant drop in value since its launch, it still has a loyal following, is actively traded on several exchanges, and is expected to become more widely accepted in the near future. Therefore, it is safe to say that Shiba Inu crypto is not dead and is likely to rebound once the bears release their grip on the crypto market.

    Why is Shiba Inu Down?

    Over the past year, the price of Shiba Inu has dropped significantly, which can be attributed to several factors. Firstly, it can be argued that the novelty of Shiba Inu, and meme coins in general, has worn off. A part of the investors who were attracted to the coin initially, when the hype was at its highest, have since moved on to other cryptocurrencies, which has reduced the demand for Shiba Inu. 

    Secondly, the coin has been affected by the general market trend. The cryptocurrency market has been volatile in the past year, with prices dropping significantly in 2022. This has affected all cryptocurrencies, including Shiba Inu, which has seen its price drop in line with the general trend. 

    Thirdly, the coin has been affected by market speculation. Investors have been speculating about the future of Shiba Inu, which has led to volatility in the price. This has caused the price to fluctuate, leading to a significant drop in price over the past year.

    Crypto-specific Reasons for the Shiba Inu Crash

    Shiba Inu was a highly volatile cryptocurrency that experienced a sharp decline in price in 2022. This crash was caused by a number of crypto-specific reasons, including the collapse of Terra in May, the FTX meltdown in November, and the market’s negative reaction to SHIB’s high inflation rate, which is making many investors wonder whether deflationary aspect of Shiba Inu tokenomics will ever kick in.

    Macroeconomic Reasons for the Shiba Inu Crash

    The crash of Shiba Inu was also due to macroeconomic factors. These included the overall decline in the cryptocurrency market, a lack of investor confidence due to the lack of regulatory clarity, and a general decrease in demand for digital assets and other risk assets in general. Furthermore, the rise of the US dollar also played a role in the crash, as it decreased the purchasing power of other fiat currencies, and made the pool of potential investors a bit smaller. Not to mention, the high interest rates, energy crisis, and multi-decade high inflation that are ravaging the economies around the world.

    Does Shiba Inu have a Future?

    Shiba Inu is a relatively new cryptocurrency that has gained a lot of attention in the cryptocurrency world. It has been compared to Dogecoin, and its price has shown a tendency to skyrocket within short periods of time. But does Shiba Inu have a future?

    Shiba Inu price prediction for 2023
    Our Shiba Inu price prediction algorithm forecasts SHIB to gain over +350% in the next 6 months.

    The short answer is that yes, Shiba Inu has a future. It is a decentralized cryptocurrency, meaning it is not issued by a single company or entity. This makes it a more secure and reliable form of digital currency. It also offers users a variety of features, such as low transaction fees, fast transaction times, non-fungible token (NFT) capabilities, and soon, thanks to the rollout of the Shibarium layer 2 solution, even more robust scalability than before.

    As for Shiba Inu’s price prediction, it is difficult to say for certain. The price of any cryptocurrency is subject to market forces and unpredictable events. That said, Shiba Inu increased over 630,000% since it first started trading in 2020. It is also worth noting that Shiba Inu has a high level of liquidity, meaning it is easy to buy and sell on most cryptocurrency exchanges.

    Overall, Shiba Inu is a digital currency with a lot of potential. It has a decentralized structure, low transaction fees, fast transaction times, and one of the most robust and engaged communities in the crypto space. Therefore, it is not too much of a stretch to say that it is worth considering investing in Shiba Inu as part of a diversified cryptocurrency portfolio.

  • MEXC’s Changing for You. The 1st Exchange to Launch a Zero Maker Fee Event for Futures Orders

    MEXC’s Changing for You. The 1st Exchange to Launch a Zero Maker Fee Event for Futures Orders

    In September of this year, blockchain media outlet, Cointelegraph, reported that cryptocurrency trading platform MEXC has ranked as the world’s top liquidity provider. Recently, MEXC announced the growth of its contract businssssess, and its average daily trading volume has reached an increase of 1,200%.

    MEXC

    「Users first, MEXC’s Changing for you」has always been the service philosophy that MEXC adheres to. The ‘Zero Maker Fee’ Event is set to launch to give back to MEXC’s futures users. The activity starts on December 1st.

    It is understood that to date, among the mainstream cryptocurrency trading platforms, MEXC is the only platform in the world that offers zero maker fee for futures pending orders. Andrew Weiner, VP of MEXC, said: “In 2022, we will focus on optimizing futures products and basic liquidity according to users’ needs. Presently, our liquidity has reached rank 1 globally amongst the top 50 trading platforms by market value.”

    Since Q4 of 2018, MEXC has consistently launched and upgraded their futures products. In October 2022, MEXC upgraded the futures products and launched the second-level K-line function. These upgrades not only gave users a better trading experience but also met users’ needs for more timely and intuitive transaction information – allowing users to experience real-time prices, trading volume, order depth, and more exciting and technical features.

    In terms of consistently engaging with MEXC users, MEXC regularly launches Futures M-Day, Super X-Game, Contract Carnival Week, and other user-friendly activities that bring various rewards and bonuses to their users. This ‘Zero Maker Fee’ Event is a unique and one of many long-lasting and high-level activities featured on the platform.

    MEXC’s perpetual contract has launched more than 169 tokens and 179 trading pairs now, covering multiple focuses such as public chain, cross-chain, Layer 2, DeFi, and other sectors. MEXC’s perpetual contract is the fastest performing function run on the entire network. It has the most abundant derivatives that can be traded, providing each user with various and precise choices.

    About MEXC：

    MEXC is the world’s leading cryptocurrency trading platform, providing one-stop services such as futures, spot, ETF, NFT Index, etc., serving 10 million users worldwide with the philosophy of 「Users first, MEXC’s Changing for you」. For more information, please visit the MEXC official website and official blog, and follow MEXC Global and M-Ventures&Labs.

    Contact:

    Company Name: MEXC

    Name: Jenny Sun

    Email: media@mexc.com ​

  • The Hideaways (HDWY) Favored Over Dai (DAI) And Cosmos (ATOM)

    The Hideaways (HDWY) Favored Over Dai (DAI) And Cosmos (ATOM)

    Aside from profitability, security should be the next priority of crypto investors. Dai (DAI) and Cosmos (ATOM) aren’t audited by one of the best security firms, SolidProof. 

    On the other hand, The Hideaways (HDWY) is verified and credited by the company. 

    Looking For A Bullish Stablecoin Under $2? Try Dai!

    Stablecoin DAI aims to keep its value close to $1. Maker Protocol, one of the most widely used decentralized applications (Dapps) on the Ethereum network, uses its token, a DAI token. 

    DAI is a stablecoin, which means that huge price swings are highly improbable but not impossible. While most other stablecoins have crashed and burned, DAI managed to maintain its prices. 

    The coin was trading for $1 with a trading volume of $288,747,764. According to PricePrediction.net’s Dai price estimate for 2023, the coin’s value will rise above $1.259874 by the end of the year. 

    TradingBeast, in its projection of Dai’s future, also anticipates more increase, predicting that the Dai value will reach $1.284672. 

    Cosmos Price Flunks 

    The Cosmos (ATOM) share price was $10.24, down 2.22% in the last 24 hours. ATOM investors anticipated a favorable purchasing opportunity after a bullish Moving Average Convergence Divergence (MACD) crossover was validated in the final week of November.

    ATOM’s price sentiment remained bearish as of press time. Thus, risk-averse traders may try to buy after a breakout and revisit the Fibonacci level the next day. 

    The ATOM sentiment index remained alarmingly low approaching December. With a direct effect on ATOM’s value, this could delay the cryptocurrency’s uptrend.

    Investors who minimize their exposure to market volatility should wait for the MACD to complete its bullish crossover before buying ATOM. 

    SolidProof Auditing Company Approves The Hideaways

    With their project, Hideaways hopes to merge NFTs with the 230 trillion dollars real estate market. To that end, it will launch the industry’s first decentralized exchange for NFTs backed by a global inventory of high-end real estate.

    The Hideaways (HDWY) has many advantages that make it a good investment, including the following:

    • The German firm SolidProof has already audited the platform to evaluate its usefulness and safety.
    • HDWY tokens are locked for two years and have no liquidity for 999 years, further ensuring the security of the project from its creators.
    • Investing in fractionalized NFTs is a great way to get a taste of the high life without committing to a full purchase.
    • Successful events like weddings and parties are routinely held on your property. 

    It’s reasonable to assume that investing in The Hideaways (HDWY) is a wise choice. You should go to the pre-sale and buy HDWY tokens for an incredibly cheap price compared to what it will go to in 2023. 

    Website: https://www.thehideaways.io/ 

    Presale: https://ticket.thehideaways.io/register 

    Telegram: https://t.me/thehideawayscrypto 

    Twitter: https://twitter.com/hdwycrypto

    Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.

  • LandX Launches LNDX Token on Testnet

    LandX Launches LNDX Token on Testnet

    Duba, UAE, 6th December, 2022, Chainwire

    Today, LandX has deployed smart contracts for the final stage of the LandX testnet launch. The “Dress Rehearsal” testnet went live on Ethereum’s Goerli network.

    The testnet token launch will take place from the 7th December 2022 and will be conducted in four stages:

    • Stage 1 – 7th Dec 2022 – LNDX Launch For Omega Farmers (Discord Group)
    • Stage 2 – 10th Dec 2022 – LNDX Launch For Alpha Farmers (Discord Group)
    • Stage 3 – 13th Dec 2022 – LNDX Launch For Whitelisted addresses 
    • Stage 4 – 16th Dec 2022 – LNDX Launch on Uniswap Decentralized Exchange

    Allocations are limited and will be made on a first come first serve basis. The final stage of the testnet will be very similar in functionality to the mainnet deployment.

    Following the testnet token launch, the trading competition will go live. From the 16th of December, investors will be able to compete for thousands of dollars in prizes. The top ten investors that gain the most from an ROI perspective will earn cash prizes (full terms to be confirmed at launch).

    To participate in the testnet users are welcome to use the testnet USDC faucet at https://landx.fi to get an allocation of USDC to trade and stake LandX testnet products. Note that testnet funds do not hold value and are used for testing purposes only.

    There are more detailed instructions on how to set up your digital asset wallet and interact with the token generation event on LandX blog at: https://blog.landx.fi/lndx-testnet-token-launch-484f630e432c

    The LandX team is grateful to the community for their support and feedback as the project moves into this final “dress rehearsal” stage before the mainnet launch.

    About LandX Finance
    LandX  – The Perpetual Commodity Vaults Protocol will be launched on the Ethereum Blockchain. Commodity Vaults provide investors with a potentially inflation-hedged return backed by a legal contract secured on underlying farmland. LandX makes commodity vaults available as a liquid digital asset – xTokens, offering uncorrelated diversification for on-chain investors. LandX mainnet products are not available in certain jurisdictions, including the US.

    For more information about LandX visit https://linktr.ee/landxfinance or follow on Twitter https://twitter.com/landxfinance

    Contact

    LandX Finance
    info@landx.fi

  • DAM Decentralized Omnichain Stablecoin d20 Open For Experimentation On Moonwalker Testnet

    DAM Decentralized Omnichain Stablecoin d20 Open For Experimentation On Moonwalker Testnet

    Decentralized finance project DAM Finance has launched its Moonwalker v1 testnet, accomplishing a key milestone on their journey to generate purchasing power from cross-chain portfolios.

    On the new testnet, community members will be able to try out d20, the decentralized omnichain stablecoin developed by DAM. The testnet will also include dReservoir, a solution that allows users to “teleport” tokens between different blockchain platforms.

    DAM co-founder Harrison Comfort commented on the project’s ambitions, saying that DAM is looking to provide a safer way of utilizing stablecoin liquidity on blockchains other than Ethereum:

    “We want to champion innovation by making it easier to securely direct stablecoin liquidity away from Ethereum towards newer networks without the constant vulnerabilities posed by bridges.”

    Since DAM is targeting omnichain functionality, it’s only appropriate that the Moonwalker v1 testnet is available on different blockchain platforms. The testnet is live on Ethereum’s Goerli testnet, as well as Moonbeam’s Moonbase Alpha testnet. Users of wallets with support for custom blockchain networks (for example MetaMask) can now access the Moonwalker testnet. However, interested users will first need to top up their wallets with testnet funds to cover gas costs. Testnet funds can be obtainet for free through solutions like Alchemy Faucet.

    To participate on the Moonwalker v1 testnet, users should log in to the DAM app. Testnet stablecoins such as USDC can be used to mint d20, and teleported between Moonbase Alpha and Goerli. The testnet also supports the functionality of redeeming USDC through burning d20 tokens.

    Throughout this process, participants can provide feedback on DAM’s platform, which will be incorporated into the live version platform the DAM team eventually rolls out.

    Unlocking Omnichain Liquidity With a Portfolio-Backed Stablecoin

    Initially, the DAM liquidity solution will be available on Ethereum and Moonbeam, an EVM-compatible chain built on Polkadot. Overcollateralized d20 minted on Ethereum can then be teleported to Moonbeam by users. After that, d20 can be put to use inside the Polkadot ecosystem or teleported back to Ethereum, where it can redeem the collateral pledged at the start of the process.

    Existing DeFi solutions, especially for stablecoin borrowing, are highly inefficient because most blockchains and the solutions on top of them are designed to work in closed environments. The lack of interoperability between standalone blockchains and the vulnerability of cross-chain bridges makes it difficult for emerging blockchains and the projects atop them to access liquidity as and when needed.

    DAM finance’s suite of dReservoir, the d20 stablecoin, and the Linked Multi-Collateral Vault (LMCV) are optimized to maximize stablecoin allocations. In comparison to other existing stablecoins, the f20 stablecoin is portfolio-based instead of being focused on a single asset. This allows for d20 to be backed by a diverse range of assets, instead of only relying on centralized stablecoins and fiat currencies.

    The DAM team has been very busy during the 2022 bear market. As a decentralized Web3 banking DAO (decentralized autonomous organization), DAM is tackling the liquidity challenges holding back the broader DeFi ecosystem by providing a robust solution for rapidly increasing the TVL (total value locked), especially for newer blockchains.

    Earlier this year, the DAM Finance team raised $1.8 million via a pre-seed funding round led by Digital Finance Group (DFG) and JSquare. Other prominent investment firms like Arrington Capital, D1 Ventures, Stacker Ventures, Ledgerprime, 11-11 Capital, and leading angel investors from the Polkadot-Kusama ecosystem participated in this round.

  • Tron (TRX) And Monero (XMR) Are Good Buys But The Hideaways (HDWY) Will Be The Next Coin To Storm The Crypto Market

    Tron (TRX) And Monero (XMR) Are Good Buys But The Hideaways (HDWY) Will Be The Next Coin To Storm The Crypto Market

    The rise of cryptocurrencies like Tron (TRX), Monero (XMR), and the newest coin, The Hideaways (HDWY), has helped popularize decentralized finance (DeFi) by giving consumers authority over their own money rather than large financial institutions like banks and stock brokerages.

    Tron (TRX)

    The Tron Foundation unveiled Tron (TRX), an open-source blockchain technology, in 2017. Using Tron (TRX), developers can build autonomous applications and smart contracts that can be executed without any central authority. As an additional function, it can be used to disseminate various forms of media. Tron (TRX), the platform’s native token, generates profit for its users through betting.

    Over $60 million was raised in Tron’s (TRX) ICO, signifying a successful start. Market observers believe that Tron (TRX) will rise in value from its present $0.054 to $0.08 by the end of 2022 and average $0.1 in 2023, although 2022 has been a very quiet year for the currency. Nonetheless, our analysts believe that other, more lucrative avenues exist, like The Hideaways (HDWY).

    Monero (XMR)

    Adding Monero (XMR) to your investment portfolio is like adding another rare coin. Monero developed cryptocurrency as a means of separating the public and private spheres. Monero (XMR) accomplishes this by protecting the privacy of users’ transactions by masking their addresses. 

    Since more and more people are becoming aware of the importance of protecting their personal information, it stands to reason that tokens such as Monero (XMR) will soon experience a rise in value.

    The Hideaways (HDWY) Is The Best Crypto For 2023

    The Hideaways has attracted holders of major cryptocurrencies such as Tron (TRX) and Monero (XMR) while being a relative newcomer to the cryptocurrency market. Let’s have a look at some potential causes for that:

    • Tokenizing expensive real estate is made easier by fractionalized NFTs.
    • Rental and staking revenues are paid in ETH and USDT, creating a passive stream of income.
    • After completing an audit with Solid Proof, the Hideaways team has locked in a permanent source of liquidity, making them a safe bet for investors.

    With a minimum investment of $100 and a tiny presale price, our experts anticipate a meteoric 9,000% rise. Assuming the project achieves a market cap comparable to the top 10 coins, investors can expect over 100 times their initial investment return.

    Get Your HDWY Tokens Now!

    Website: https://www.thehideaways.io/

    Presale: https://ticket.thehideaways.io/register

    Telegram: https://t.me/thehideawayscrypto

    Twitter: https://twitter.com/hdwycrypto

    Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.

  • Chainlink Ranks #1 as LINK staking is set to go live on December 6 — Top 3 Coins to Watch for Dec 5 — Dec 11

    Chainlink Ranks #1 as LINK staking is set to go live on December 6 — Top 3 Coins to Watch for Dec 5 — Dec 11

    Chainlink Ranks #1 as LINK staking is set to go live on December 6 — Top 3 Coins to Watch for Dec 5 — Dec 11

    The cryptocurrency sector’s total market capitalization has climbed from $858 billion to $874 billion last week, which marks already the second week of recovery after the FTX fiasco. Interestingly, there were no big movers among Top 100 Crypto, with the vast majority of coins staying between the -10%/+10% price change interval. Find out what we think in this week’s Top 3 Coins to Watch article. Are you hoping for bigger moves in the upcoming week or are you completely fine with a slow-paced recovery?

    3. ApeCoin (APE)

    ApeCoin is an ERC-20 token launched by the ApeCoin DAO in March 2022. Besides being a decentralized currency that facilitates monetary transactions, APE has a few additional use cases, including granting its holders governance rights in the ApeCoin DAO and providing access to exclusive events and services. The total supply of APE stands at 1 billion tokens, out of which 150 million tokens were distributed to holders of the NFTs from the popular Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) collections.

    Buy/Sell APE

    ApeCoin staking is scheduled to go live on December 7

    ApeCoin project managers have took it to Twitter to announce that a much-anticipated feature – ApeCoin staking – will soon be deployed. Staking is a common process among crypto process that lets token owners earn rewards by locking up and holding their assets using a specialized smart contract.

    The APE staking, which will be powered by a Horizen Labs-developed smart contract is set to hit the mainnet on December 7 if no critical bugs are found in the code. However, the rewards will only start to accrue 5 days later, this is on December 12. While most APE holders had no problem with such schedule, the fact that staking feature will be geo-blocked raised a significant amount of dust. What is more, staking will be made inaccessible to residents of the United States and Canada, which are home to an estimated 50% of the ApeCoin community members. ApeCoin developers, who are aware of the magnitude of this inconvenience, cited regulatory limitations as the reason for the geo-blocking. Leaving the soon-to-be-deployed APE staking aside, the ApeCoin DAO recently launched a community-led NFT marketplace. The marketplace developed by Snag Solutions offers “unique features built specifically for the BAYC and Otherside communities, including ApeCoin staking and NFT metadata integrations” as well as halved fees (only 0.25%) for transactions conducted with ApeCoin.

    2. Fantom (FTM)

    Fantom is a fast, high-throughput open-source smart contract platform for digital assets and dApps. It is a Layer 1 network competing with the likes of Avalanche, Solana, and Terra to dethrone Ethereum. Fantom utilizes Asynchronous Byzantine Fault Tolerance (aBFT) consensus algorithm. The aBFT algorithm promises to debunk the blockchain Scalability Trilemma, according to which only two of the crucial three components that include decentralization, security, and scalability, are achievable at the same time. FTM was one of the best-performing assets of 2021, in which it appreciated by approximately 13,000%.

    Buy/Sell FTM

    Fantom to implement a “gas monetization” program to reward top Fantom dApps

    Investors have been rather bullish on FTM last week as the Fantom’s coin leads all top 100 crypto assets in terms of weekly gains with +25%. Likely the reason is the proposal of a dApp Gas monetization program, through which the Fantom Foundation seeks to reward high-quality dApps and retain talented creators within the ecosystem.

    f the proposal is passed by the FTM DAO, the Foundation would pay a portion of the network fees of the high-performing dApps that manage to generate a steady traffic. The FTM developers explained that only DApps with 1,000,000 or more recorded transactions and at least three months of operation on the Fantom Opera network will be able to apply for a 15% gas fee repayment. However, it should be noted that the Fantom Foundation would have to slash the protocol’s current FTM token burn-rate from 20% to 5% to fund this program. In addition, one of the earliest Fantom developers and a prominent crypto advocate Andre Cronje has recently returned to the Fantom project, of which we wrote about four weeks ago. Do you think Cronje has more improvement ideas up his sleeve?

    Chainlink is a decentralized oracle network that provides data and price oracles, which act as a reliable feed of off-chain information for some smart contracts. The project launched in 2017, when it also raised $32 million of funding through an ICO. Chainlink’s cryptocurrency price and real-world data oracles have seen numerous implementations and their popularity is still increasing. Their oracle service is one of the most reliable and trustworthy services available and the connection with smart contracts is end-to-end secured, leaving very little space for the manipulation of the execution of smart contracts. Another Chainlink feature is Verifiable Random Function (VRF), which proved to be very useful as providing a source of verifiable randomness in blockchain gaming and when minting NFTs.

    Buy/Sell LINK

    Chainlink is launching LINK staking on December 6

    On #1 spot of our this week’s Top 3 Coins to Watch list is another project that is preparing to roll-out a coin staking feature – Chainlink. LINK staking, which is the core part of the so-called “Chainlink Economics 2.0” upgrade, is set to go live on Ethereum mainnet on December 6, 2022, at 12:00 PM ET. The launch of staking will enable LINK token holders and node operators to earn rewards while helping increase the cryptoeconomic security of oracle services at the same time.

    At first only the addresses that qualify for Early Access will have the opportunity to stake up to 7,000 LINK. LINK staking will be made available to all Chainlink holders two days later, while still retaining the 7,000 LINK per address hard cap. The whole roadmap and more details of the LINK staking deployment can be found here. LINK currently trades at the price of $7.40 per token and is up by only 4.2% last week. Although the token is up by almost 30% from the local low of $5.72 reached on November 21, several analysts believe that the launch of the “Chainlink Economics 2.0” has not been fully priced in yet. Furthermore, technical analysis also shows a possibility of a rally, which will move the price up by a further 25%. According to the historical prices LINK could climb toward $9.40 by the second week of December, provided it breaks out of the ascending triangle pattern. In addition, also the prominent market analyst and founder of Eight Global, Michaël van de Poppe, sees LINK crossing $9 in the near future.