CoinCheckup

Blog

  • Massive Sell-off in Avalanche (AVAX) and Cosmos (ATOM) Directs Investors To The Hideaways (HDWY)

    Massive Sell-off in Avalanche (AVAX) and Cosmos (ATOM) Directs Investors To The Hideaways (HDWY)

    Avalanche (AVAX) and Cosmos (ATOM) are close to hitting double-digit losses following last week’s positive performances.

    The massive sell-off got investors interested in the new crypto project The Hideaways (HDWY) which is all over the headlines lately. The market loves that they can get the same level of stability in The Hideaways (HDWY) as with crypto majors but at a price of only $0.08, rising this week.

    Buy now to take advantage of the huge 100% bonus offer on all investments for Black Friday!

    Avalanche (AVAX)’s Charts Painted with Red

    Avalanche (AVAX) is dropping in all time-frames, and investors are worried about what can come next.

    AVAX is down 7.34% in the hourly charts, following its 6.29% decline on the previous day. Moreover, its current price of $15.56 is 3.84% lower in the last 30 days, extending the -45% ROI from the three-month charts.

    Avalanche (AVAX) is one of the most underwhelming top cryptocurrencies in 2022. Analysts noted that The Hideaways (HDWY) can outperform the coin if it continues its current pace until the end of the year.

    Avalanche (AVAX) has recently partnered with GMX.io for its liquidity mining incentive program. However, even this update is not enough to lift the price to recovery.

    Cosmos (ATOM)’s Current Stall Will Weigh on its Future Performance

    Analysts forecasted Cosmos (ATOM) to grow 30x next year. It is among the few cryptocurrencies to be given an optimistic projection, with another being The Hideaways (HDWY) which secured a 50x price hike forecast for 2023.

    However, analysts are revising their former stance after seeing Cosmos (ATOM) drop 9.08% to $12.00 in the latest charts. The selling pressure mounts at this level, opening for the possibility of bigger drops to $10.00.

    If Cosmos (ATOM) breaks below $10.00, experts are wary it would remain under the bearish zone in 2023. This is a signal for holders to revise their ROI goals for next year if they want to keep their hopes on Cosmos (ATOM).

    The Hideaways (HDWY) Offers Huge 100% Bonus on Investments Ahead of Price Rise

    For Avalanche (AVAX) and Cosmos (ATOM) holders looking for a safe way out, The Hideaways (HDWY) is the best way forward.

    The Hideaways (HDWY) is the newest project in the cryptocurrency market in the luxury real estate and NFT business. These are two of the most profitable investments you can make in the middle of this crypto winter.

    The Hideaways (HDWY) gives investors many ways to make money out of their holdings. One is through capital appreciation, with the token projected to hike 16,000% by the end of 2022.

    Another is a consistent passive income. The Hideaways (HDWY) rewards NFT investors with rental yields, automatically distributed in USDT and ETH every month.

    Don’t miss your chance on a token offering a better profit opportunity than other cryptocurrencies.

    Website: https://www.thehideaways.io

    Pre-Sale: 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.

  • Justin Sun Put Forth Three Strategies at Huobi Rebranding Launch Event, Vying to Help Huobi Return to World’s Top Three Exchanges

    Justin Sun Put Forth Three Strategies at Huobi Rebranding Launch Event, Vying to Help Huobi Return to World’s Top Three Exchanges

    Justin Sun & Huobi Global

    On November 22, 2022, His Excellency Justin Sun, TRON Founder, Huobi’s global advisory board member, and Ambassador Extraordinary and Plenipotentiary, Permanent Representative of Grenada to the WTO, attended the Huobi’s refreshed branding launch event held in Singapore. Justin Sun put forth three major strategies for Huobi’s future growth:global development strategy, technology drives development and technology for good, and offering full support to Huobi’s development with other advisory board members to help Huobi to return to the top 3 positions in the industry，building a global Web3.0 gateway. 


    Huobi Global is launching a refreshed brand, Huobi . Heeding advice from Justin Sun, Huobi’s advisory board member and a leading figure in the crypto industry, will give full play to the two parties’ advantages and help Huobi reposition itself for a bright new stage of development. More importantly, Huobi aims to help restore confidence and build unity amid the current downturn in the industry. 

    Huobi launched its refreshed branding strategy, which will be known simply as “Huobi” instead of “Huobi Global”, according to information from the rebranding launch event. “Beyond a virtual asset trading platform, Huobi also stands for safety, convenience, and friendliness, which the shortened name will more fully demonstrate”, said Justin Sun. 

    The new name consists of two Chinese characters, “火” and “必”. In Chinese culture, the first character represents the perpetual vitality that can be passed down to future generations. The second one means the determination to win, which represents our ambition to return to the top 3 positions in the industry.

    Huobi Global & Huobi - Your Gateway to Web 3.0
    Your Gateway to Web 3.0

    In Chinese, the character “必” can also be seen as an amalgamation of the characters “心” and “义”, which mean “heart” and “righteousness”, respectively. The symbolism behind the two Chinese characters means the new Huobi will serve from its heart in providing professional digital asset management services to global users. This spirit is also reflected in new Huobi’s mission—”Enhancing Asset Safety, Promoting Financial Inclusion”.

    Meanwhile, the new name also upholds the traditional Chinese virtue of “righteousness”, implements the brand’s philosophy of “Science and Technology for Good”, contributes to the innovation and development of global blockchain and virtual asset technology, and realizes Huobi’s vision of “Technology Changes the World.”

    On October 10, Justin Sun was appointed as a member of the Global Advisory Board of Huobi Global. Sun stated on his social media account that he would work with industry, academic, and policy leaders to help guide and grow this innovative, vibrant, and resilient organization in its latest chapter of global expansion. In September 2017, Justin Sun founded TRON, which has quickly grown into one of the world’s top three public chains. In December 2021, the Government of Grenada announced the appointment of Justin Sun as its new Ambassador and Permanent Representative to the WTO. 

    Huobi’s refreshed branding launch event
    Justin Sun – Transforming Huobi For Its New Chapter

    The conference announced three major future development strategies of Huobi, including global development strategy, technology drives development and technology for good. Justin Sun had also previously said in a media interview that he would vigorously strenthen HT and bring into play HT’s important strategic attributes, and would return the power of HT voting on coins to the user community.

    Also, Huobi will fully implement its global expansion strategy. On October 7, the Commonwealth of Dominica, a Caribbean country, entered into a series of in-depth cooperation with TRON, which blazed a trail for blockchain companies to collaborate with sovereign nations. Sun suggested that Huobi intends to “venture into the Caribbean” and that the exchange will likely move its headquarter to the Caribbean. Meanwhile, Huobi will ramp up its investments in South-East Asia, Europe, and other regions to build a robust global ecosystem. Huobi will continue to comply with regional regulations and strengthen its cooperation with countries. 

    In the nine years since it was founded, Huobi has become a household name in the virtual assets market as one of the most established players. “With its refreshed branding, new roadmap and the guidance of its global advisory board, I am confident Huobi can strengthen its market leadership and reclaim its top rankings alongside other industry heavyweights,” he added.

  • WAHED Announces Strategic Partnership With The Creator’s Group

    WAHED Announces Strategic Partnership With The Creator’s Group

    Cranfield, England, 21st November, 2022, Chainwire

    WAHED is delighted to announce a brand new partnership with Creator’s Group. Bringing years of experience in the real estate and property management sector, the Creators Group can look forward to enjoying a number of advantages that the blockchain can add to this industry. 

    Established by CEO Eng. Ali Al Salman in Riyadh, Saudi Arabia in 2016, Creators Group has established itself as a leader both in local markets and overseas. Serving the best interests of investors, homeowners, corporate clients, developers and landlords, the Creator’s group streamlines investment activities for all those looking to get involved in real estate. 

    Creator’s Group offers the following services to clients in Saudi Arabia and abroad

    • Buy and selling of land and property
    • Commercial and residential leases and rentals 
    • Feasibility studies
    • Project development
    • Property brokerage 
    • Investment guidance and opportunities
    • Real estate valuation

    WAHED is a next-generation investment and philanthropy platform powered by WAHED Coin. Based in the United Kingdom and headed by Shaikh Abdulla Bin Ahmed Bin Salman AlKhalifa, WAHED has a vision of improving the world by nurturing business activities. Serving as a blockchain and investment partner, WAHED aims to bring all the advantages of the decentralized economy to businesses seeking to deliver value at a greater scale, and with improved efficiency. 

    How The Partnership Will Bring Value

    The WAHED Ecosystem is built on the Binance Smart Chain, an innovative blockchain that enables the deployment of smart-contracts. With the ability to program actions on a publicly-viewable and permanent blockchain, it will be possible to implement greater transparency and accountability across the entirety of activities. 

    Transparency and Efficiency in Operations

    The proximity of the real estate world with existing legal and government frameworks make drafting contracts and obligations a critical and cost-intensive process. Blockchains and smart contracts can significantly reduce costs by utilizing templates that can be adapted to the end user’s requirements. Thanks to this innovation, the entire scope of operations stands to benefit from increased efficiency and lower recurring costs. 

    Transparency in Transactions

    By using the blockchain’s permanent ledger, all parties involved in a transaction will be aware of the requirements, costs and procedures to ensure that the deal is concluded efficiently. Using smart contracts to factor in costs such as travel time, office supplies, legal counsel and auction bidding can make requirements clear to every party involved, making significant savings in time and money. 

    Transparency in Obligations

    When a property moves from one owner to another, they may be conditions that affect the terms of sale. These obligations may include alterations to abide with legal requirements such as material quality and fire safety, or aspects relating to design and/or function. The immutable recording of these requirements on a smart contract that executes when the terms are met will be a significant time saver. 

    Transparency for Brokerage 

    Agent and broker commissions can be between 1%-6% of the cost of the transaction. While there may be significant costs leading to fees being this high, the lack of transparency can affect buyer trust. Blockchains enable trustless transactions, and the ability to reduce the number of middlemen. End users can enjoy quicker turnaround time and lower fees. 

    Permanent Records of Ownership and Property Rights

    Blockchains are ideal to show ownership of property. These tamper-proof and permanent records can be updated when assets change hands, and further details such as stipulating the commercial and usage rights for a specified plot can also be added. Due diligence and the registering of ownership with the Federal Registration Service and notary payments will all happen on the blockchain, and fees will be included as part of the services package. 

    The partnership between Creators Group and WAHED stands to provide a range of benefits that will undoubtedly elevate the experience and cost savings of the end users. By utilizing blockchain as a tool to promote efficiency and transparency, WAHED aims to raise the bar on how businesses can be conducted, and how lives can be improved.

    About WAHED

    WAHED Coin will be available for trading on LBank on the 5th of December 2022. Join the WAHED community to get all the latest updates regarding partnerships, new features and more. Visit our official website for more information and join our Twitter, Discord, Facebook and Instagram.

    Contact

    Wahed Projects Team
    marketing@wahedprojects.org

  • Candy Club Offers 100,000 Candy-USDT Reward for World Cup Celebration

    Candy Club Offers 100,000 Candy-USDT Reward for World Cup Celebration

    Hong Kong, Hong Kong, 21st November, 2022, Chainwire

    With over 100,000 candy-USDT in prizes, Candy Club World Cup extravaganza will turn up the heat with crypto winter and give crypto fans a much needed cause for celebration over the next 28 days.

    Throughout the 4 week tournament in Qatar, Candy Club will give out over 100,000 Candy-USDT to players who sign up and play. With bonuses given out for wager sizes, parlays, pick the winner and more, this is the biggest web3 prize pool to showcase crypto’s love for the world game.

    From moneylines, totals, proposition bets to world cup futures, Candy Club will offer the widest and most exotic World Cup wager options for the 64 games. As a premier online social crypto gaming platform, Candy Club opens the world of slots, blackjack, roulette, bacarrat, blockchain gaming and sports wagering to football and gaming fans around the world.

    The best part of Candy Club’s World Cup campaign is that all wagers can be made using the largest selection of ERC20/BEP20 tokens available in the market. No longer are players restricted to making wagers in BTC or ETH, now they can use their altcoins to enjoy the fun and excitement of the World Cup.

    As importantly, the ability to use any ERC20 or BEP20 token provides DeFi, NFT, GameFi & Metaverse projects with an utility token the choice to adding risk free utility to their token and give their community a much needed token use case this crypto winter.

    “This World Cup, Candy Club is giving the crypto hodlnauts something to smile about. Since our launch at Token2049, we have been working crypto-speed to increase the token demand of all ERC20 & BEP20 projects and give all communities a ray of hope. That ray of hope is amplified during the World Cup where we want to reward all those who diamond handed during this crypto winter!’ said David Barrantes, President of Candy Club.

    For any ERC20/BEP20 looking to increase their token utility through Candy Club, please contact our business development team on www.candyclub.io 

    About Candy Club

    Candy Club is the world’s first social crypto gaming platform that accepts all Ethereum and Binance Smart Chain projects with a ERC20 or BEP20 utility token. Legally compliant and security focused, Candy Club opens the social gaming experience to over 14,000 cryptocurrency projects and over 73 million wallets.

    Website | Twitter | Telegram |

    Contact

    VP Marketing
    Ryan He
    Candy Club
    ryan@playpeli.com

  • Bet on Qatar 2022: Take Part in Ticket Rush from 1xBit

    Bet on Qatar 2022: Take Part in Ticket Rush from 1xBit

    Press Release: The 2022 World Cup is just around the corner; it is a breath of fresh air for every nook and cranny of the world.

    November 16 2022, Limassol, Cyprus — 1xBit, an online crypto betting site, has decided to let the cat out of the bag and let everyone join the Ticket Rush tournament. The Ticket Rush tournament is a rare chance to get a piece of the prize pool set at 3 BTC.

    What You Need to Know About Ticket Rush 

    Now is the appropriate time if you have been looking for that exciting moment. The World Cup is here. As a football fan, you can support your national team and win huge prizes for your passion for football.

    Everyone can be on the ball with 1xBit; to make the World Cup even more exciting, participate in the Ticket Rush tournament to win prizes. Join the challenge by registering on or logging into 1xBit and clicking the “Take Part” button on the offer page, then go ahead and place your bets on the upcoming World Cup matches.

    Bet on World Cup and Join the Hunt for Tickets

    Placing bets on the 2022 World Cup matches guarantees you tickets, so hunt for more to increase your chances of winning. You can get three types of tickets in the Ticket Rush tournament. Each is based on the type of match you placed your bets on. As seen below:

    • The Individual match tickets house bets on any World Cup matches.
    • The Supporter tickets are for those bets placed on the picked 8 countries during group stage games.
    • Then, the Play-off tickets are for bets on play-off matches.

    What You Can Win 

    The tickets you collect by placing bets are your gate pass to become a winner. At the end of the tournament, a draw will be held to determine the winners. The 3 BTC prize pool will be shared by the winners across the three ticket categories.

    Each category has different prize pools and many winners. For instance, the Individual match tickets will produce 10 winners with 500 mBTC as the top prize to be won. It gets better for the Supporter tickets category, where you can be among the many players that will be declared winners, with first-place winners going home with 10 mBTC.

    Lastly, the Play-off tickets prize draw will produce 5 winners, and if you end up as a first-place winner, you will clinch 250 mBTC as a winning prize. Ticket Rush is in session from November 18, 2022, to December 18, 2022.

    1xBit: The Best Place World Cup 2022 Betting and More

    Meet 1xBit, a crypto gambling platform with an extensive portfolio in sports, live betting and eSports. There is no limit to what you can enjoy on 1xBit. A barrage of promotions and tournaments is regularly hosted on the website, which are opportunities for you to win and earn more.

    1xBit has marked its presence in the sand of times as the only crypto betting site with support for over 40 cryptocurrencies. The platform made everything easy, especially from the registration process, where you only need an email, and you stand to be rewarded with a Welcome Bonus of up to 7 BTC for the first four deposits. 

    All effective platforms consider the comfort of their customers; thus, 1xBit assures you of light-speed transactions and zero transaction fees all year round. Take advantage of the 2022 World Cup. Follow the Ticket Rush tournament on 1xBit and make yourself a winner!

    1xBit Socials

    Blog | Twitter | Telegram | Instagram | YouTube 

    Media Contact Details

    Contact Name: Anastasia Semenova

    Contact Email: marketing@1x-bit.com   

    1xBit is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest

  • Tron (TRX), Litecoin (LTC), And The Hideaways (HDWY) – Which Will Bring You Profit In 2023?

    Tron (TRX), Litecoin (LTC), And The Hideaways (HDWY) – Which Will Bring You Profit In 2023?

    A bear market caused by the fall of the LUNA coin ravaged the cryptocurrency world in 2022. Even prominent coins like Litecoin (LTC) and Tron (TRX) fell victim. Even though these currencies started well, crypto analysts predict dark days. In light of these events, a new project called The Hideaways has been making headlines these last few weeks.

    Let us investigate why crypto experts believe The Hideaways may be one of the best investments in 2023.

    Invest in The Hideaways now whilst the price is only $0.08 as it’s rising soon and they’re offering a huge 100% bonus as part of their Black Friday sale!

    Litecoin (LTC) Still Not Living Up To Expectations

    Since the launch of Litecoin (LTC) in 2011, its acceptance by retailers and popularity has skyrocketed. Instead of attempting to compete with Bitcoin, Litecoin (LTC) operates as a quicker, smaller version of the latter.

    In May 2021, a price of $412 was the peak for Litecoin (LTC), which dropped by 83%. Investors are moving away from Litecoin (LTC) in favor of a new coin with tremendous promise, even though its value may increase in the upcoming period. That new coin is The Hideaways.

    Tron (TRX) Still Feeling The Bear Market Effect

    The blockchain-based startup called Tron (TRX) appeared in 2017. It was pretty unusual at the time because it didn’t try to promote any advancements in cloud infrastructure or encryption. While some people questioned the lack of creativity of Tron (TRX), many others supported using tried-and-true qualities instead of trying to create something unfamiliar.

    Tron (TRX) is currently priced at $0.06245, a far cry from its all-time high of $0.207148. Several Tron (TRX) holders are moving money around, liquidating investments before they face deficits, and moving to The Hideaways, the presale celebrity, as per crypto experts.

    The Hideaways (HDWY) Will Bring You The Maximum Profits

    Various investors in popular coins, Tron (TRX) and Litecoin (LTC) included, are flocking to the new presale of The Hideaways. But what do they see in this coin? Let’s find out!

    • The Hideaways is a high-end real estate investment platform that lets owners buy and sell residential properties selected by realty specialists through fractionalized NFTs.
    • Genuine return on rental property revenue collected in USDT and ETH.
    • Crypto analysts predict a 14,000% surge in The Hideaways by May 2023.

    The Hideaways will be the first alternative-investment platform combining the 230 trillion dollars real-estate industry with cryptocurrency. It hopes to achieve this by letting investors purchase NFT, fully or partially, backed by luxurious properties worldwide. And with every property chosen by real-estate experts with maximum yield in mind, profits are bound to come in the future!

    The Hideaways team has put security measures in place to prevent rug-pull scares. From locking liquidity forever to completing its audit through Solid Proof, The Hideaways will be one of the most secure investments in 2023.

    The presale is currently worth just $0.08, and as the popularity of The Hideaways grows, so will the value. You do not want to miss out on this future blue-chip crypto!

    Website: https://www.thehideaways.io

    Pre-Sale: 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.

  • Tuition Coin Announces Teach to Earn on Cardano

    Tuition Coin Announces Teach to Earn on Cardano

    Delhi, India, 21st November, 2022, Chainwire

    Incentivizing greater student and teacher participation within EdTech with Coins for College

    Tuition Coin, a novel Crystal Chain product, is the newest Teach to Earn project on the Cardano blockchain. Designed to incentivize further participation in educational technology, Tuition Coin powers a new system that will benefit both teachers and students. 

    Teachers, while forming an essential component of society, are often underpaid and overworked. By creating a cryptocurrency reward for contributions to the wider educational space, Tuition Coin ensures that teachers can thrive within the growing EdTech space.

    Teachers from all over the world can earn Tuition Coins by registering on the Coins For College platform. After the sign-up and KYC process are approved, Educational content creators can start earning cryptocurrency in exchange for sharing knowledge. Those with existing content and lesson plans on the internet can also participate and contribute to the internet’s open information sphere. 

    Educational resources created by teachers will be available to students for free on the Coins For College platform. With a vision of ensuring that every child has access to high-quality educational material, Coins For College fills educational gaps irrespective of whether their school can provide it. 

    Students can complete lessons and assessments on the platform to earn Scholarship Points that form a standardized means by which progress and effort can be measured. Implementing a new, accessible standardized system is an important requirement for global education because of the waning influence of the SAT. 

    Tuition Coin (TUIT) works as an incentive for educational content creators. Teachers can supplement their income by earning TUIT in exchange for lessons, study plans and other learning resources. Abiding by Standards Correlation, the content can be shared in the knowledge that students will be able to access lessons that are age-appropriate as per their countries’ educational requirements. 

    60% of the 100 billion TUIT tokens that will ever be in circulation are reserved for educators, and can only be earned by contributing to the global educational ecosystem. Teachers will be offered the same incentives for content whether they create it afresh or import it from existing platforms. All content on the platform will meet the standards set by 1EdTech, a non-profit focused on making remote learning more standardized and accessible.

    Visit the Tuition Coin website to learn more about how you as an educator can get involved in shaping the future of generations to come. 

    Join the community on Facebook, Twitter and Instagram for the latest updates within the TUIT and Coins For College ecosystem. 

    About Tuition Coin

    Tuition Coin is the cryptocurrency that powers the Coins For College platform. Created by Crystal Chain, Tuition Coin forms a key part of the reward mechanism for teachers creating content and lesson plans. 

    Students can access the content for free using the Coins For College platform and will be awarded Scholarship Points upon completing modules and assessments. These Scholarship Points will serve as a measurement tool to identify promising and deserving students who desire to pursue further education, but may lack the financial resources to do so. 

    Visit the Tuition Coin website to learn more about how you as an educator can get involved in shaping the future of generations to come. Join the community on Facebook, Twitter and Instagram for the latest updates within the TUIT and Coins For College ecosystem

    Contact

    Aman Kumar
    info@crystalchain.org

  • Trust Wallet Token Ranks #1 as crypto holders seek a safe and easy-to-use self-custody wallet solution — Top 3 Coins to Watch for Nov 21—Nov 27

    Trust Wallet Token Ranks #1 as crypto holders seek a safe and easy-to-use self-custody wallet solution — Top 3 Coins to Watch for Nov 21—Nov 27

    Trust Wallet Token Ranks #1 as crypto holders seek a safe and easy-to-use self-custody wallet solution — Top 3 Coins to Watch for Nov 21—Nov 27

    The cryptocurrency sector has entered Week 47 with a bit higher total market capitalization than last week ($840 billion on November 20 as compared to $837 billion on November 13) despite the continuation of the FTX and Alameda horror story. Throughout last week it became clearer which companies and exchanges had exposure to FTX or Alameda and are therefore in greater trouble. At the same time all centralized exchanges hurried to publish their proof-of-reserve to regain at least part of the customers’ trust. Many exchanges even encouraged their users to move crypto of their platforms if they don’t plan to actively trade with these assets. As it turns out the FTX collapse was extremely bad for the industry in the short term but would likely have a good influence over the industry in the long term as it wed out bad players in the sector and reminded the participators of the importance of decentralization.

    3. Mdex (MDX)

    As the name suggests, Mdex is a decentralized cryptocurrency exchange (DEX) that was funded in 2017 with an aim to deliver a revolutionary blockchain-based token trading experience. The DEX operates on the Huobi Eco Chain and utilizes the Automated Market Maker technology to fund their liquidity. The MDX token is the official governance token and native incentive token of the Mdex trading platform.

    Buy/Sell MDX

    Mdex volumes spike as traders shift towards decentralized exchanges following the FTX fiasco

    After the fall of FTX, many crypto holders moved their sitting digital assets to self-custody wallets, while active traders that want to minimize the risk of holding crypto on a centralized exchange started looking for decentralized exchange (DEX) alternatives. As a result, several DEXs, including Mdex, saw a considerable spike in traffic after the collapse of Alameda and FTX. Mdex platform reached a daily trading volume of $25.8 million on November 9, which represents a several-fold increase in volume compared to an average day in the preceding weeks. The increased volumes could be felt on the MDX markets as the token pumped more than 30% in the following days. Following a correction of around 20%, the token is now changing hands at $0.08, but Mdex is known for implementing innovative features, which could attract more traders in the future. For example, the Huobi Eco Chain-based exchange recently launched a USDT-margined perpetual trading feature in cooperation with on-chain derivatives platform ApolloX Finance. In addition, Mdex listed Trust Wallet Token (TWT) in its innovation zone on November 15, allowing users to collect up to 1,000% yield in MDX.

    2. XRP (XRP)

    XRP is a cryptocurrency that was launched in 2012 by Chris Larsen, Jed McCaleb and Arthur Britto. Ripple’s network uses a unique Ripple Protocol consensus algorithm (RPCA), which is neither proof-of-work nor proof-of-stake, to facilitate fast and cheap transactions. The maximum supply of XRP is 100 billion coins and all the coins were minted at launch of the Ripple blockchain. Back than 80% of the total XRP supply was given to fintech firm Opencoin, a company that renamed to Ripple Labs in 2015. As of today, Ripple Labs still hold more than half of the total XRP supply. However, most of the company’s XRP holdings are locked in escrow. In December 2020 Ripple became entangled in a lawsuit with the US SEC, which accuses that the company of selling unregistered securities. To this day, the legal battle between Ripple and the SEC remains one of the key factors influencing XRP’s price.

    Buy/Sell XRP

    Rumours about the settlement with the SEC turned out to be false but Ripple entered partnership with Africa’s largest fintech firm

    The last week’s developments around the lawsuit between Ripple and the SEC have led to bullish market activity for XRP. The token jumped by more than 10% on November 14 as rumours of a potential settlement between the SEC and Ripple have started spreading across social media. While the rumours turned out to be false, the legal battle between the two entities will have to come to an end sooner or later. And when it does, XRP markets will react accordingly. While no one really knows how the lawsuit will end, the amici briefs filed by Coinbase and other big players indicate that Ripple enjoys high support from the industry. Despite the lawsuit taking up lots of Ripple Lab’s resources, the technological development and adoption efforts have not ceased at all. Quite the opposite, actually, as Ripple has recently partnered with MFS Africa, the largest fintech company in Africa. As part of the partnership, Ripple will be used to streamline instant mobile payment for customers from 35 countries in Africa, a continent that heavily relies on mobile payment solutions.

    A bit in the shadows of all the other developments, Ripple’s 6th annual Swell event took place in London and online. The two-day conference that started on November 16 hosted several important speakers including Mastercard’s Chief Digital Officer Jorn Lambert and Derrick Walton, Head of GTS Emerging Payments and Innovation at the Bank of America.

    3. Trust Wallet Token (TWT)

    Trust Wallet is a non-custodial decentralized crypto wallet launched in 2017 that is on a mission to simplify the safe storage of cryptocurrencies. When utilizing Trust Wallet, investors are responsible for the safekeeping of their own private keys, which also allows for the true ownership of the crypto assets. The wallet’s app is easy-to-use and supports the storage of over 8 million different coins and tokens including NFTs. In addition, many cryptocurrencies can be purchased directly on the platform through various third-party providers such as Mercuryo, MoonPay, Ramp Network, Simplex, Transak and Wyre. The Trust Wallet Token (TWT) is a BEP20 token that serves as the project’s governance token. In addition, the token can also be utilised for discounts when trading crypto or making purchases within the app. However, it must be noted that while the wallet itself is decentralized, the company that develops the Trust Wallet is owned by Binance.

    Buy/Sell TWT

    Trust Wallet is becoming a leading crypto self-custody platform

    We have already featured TWT in our last week’s Top 3 Coins to watch article, but due to the outstanding performance and good prospects for the future we believe that the project deserves another mention. As already described, the FTX and Alameda collapse have caused that many of the cryptocurrency investors are now far more cautious with whom they entrust their coins. In light with the saying that “sometimes, the only one who you can fully trust is yourself”, self-custody options naturally emerged as the winner in this situation, causing the tokens associated with wallet projects such as Trust Wallet (TWT), BlockWallet (BLANK), XDEFI Wallet (XDEFI), SafePal (SFP), Atomic Wallet Coin (AWC), and others to rally. Binance CEO’s tweet on how to keep your digital assets safe which highlighted the importance of self-custody, only provided additional push to the already ongoing rallies of wallet tokens. Nevertheless, we decided to put TWT as the #1 coin to watch this week due to its market cap and future prospects.

    The Trust Wallet recently integrated with Binance Pay and Coinbase Pay, allowing for an easier transfer of crypto from centralized e exchanges to the decentralized self-custody wallet by eliminating the need for a manual wallet addresses input. In addition, the project announced a desktop web browser extension, which will make Trust Wallet accessible to the users of Chrome, Brave and Opera even on desktop computers. As a result of this developments the TWT has set a new ATH price of $2.73 on November 14. Even though TWT is currently trading under $2, we believe that the token is capable of reclaiming the two-dollar valuation soon.

  • Good News for Crypto: Uniswap and Litecoin Rise Up to 9% after FTX Crisis, and Big Eyes Coin Grows

    Good News for Crypto: Uniswap and Litecoin Rise Up to 9% after FTX Crisis, and Big Eyes Coin Grows

    The crypto market is showing signs of recovery as coins go green after several days of red across the board. Investors and traders are interested to see which cryptocurrencies are the first to bounce back after FTX went under, and although the majority are still struggling to get out of the red, a few are making headway.

    At the time of writing, Litecoin (LTC) and Uniswap (UNI) have made it into the green, along with Toncoin (TON) and Chiliz (CHZ). Another pocket of positivity among the widescale crypto depression is the Big Eyes Coin (BIG) presale which has been growing steadily.

    Let’s take a look at Litecoin, Uniswap, and Big Eyes Coin and see if we can identify the winning features of these cryptocurrencies.

    Uniswap is up 9% – FTX collapse driving this surge?

    Uniswap (UNI) is a decentralised peer-to-peer crypto exchange platform that allows users to trade without any third party or centralised system. The platform is popular because it is open-access, meaning anyone can use it to trade assets.

    Another reason why this is popular is that it’s based on the Ethereum (ETH) blockchain, which is now highly efficient and sustainable since its recent update.

    One of the possible reasons why Uniswap has reached the green before the majority of the crypto market is due to the recent implosion of the centralised exchange FTX. The crash of this major exchange has proven that decentralised exchanges are necessary. Experts say that what happened to FTX could not have happened with a decentralised and transparent exchange like Uniswap.

    So, the crash of FTX is likely to have positively impacted Uniswap as its decentralised systems, and transparent ledgers are not compromised or called into question. Instead, the Uniswap systems are privileged over centralised systems.

    Litecoin is in the green and up 5% – but why?

    Crypto experts are adamant that the industry will survive after the FTX crash. The crash proved that decentralised finance is more secure than centralised finance, and transparency is the best regulator. Indeed some experts are saying that the FTX crash was inevitable and can only strengthen the movement towards Defi and away from centralised finance.

    Litecoin (LTC), the silver to crypto to Bitcoin gold, is at the time of writing in the green and up 5%. Like Uniswap, this positive pattern could be due to its decentralised peer-to-peer systems. However, the rise could also be accounted for by the fact that Litecoin is currently holding its value better than Bitcoin. This could attract more investors to Litecoin.

    Litecoin has been able to recover after the FTX crisis; Bitcoin, on the other hand, has suffered a two-year low below $16,000. Litecoin has managed to escape the hysteria created by the FTX crisis without shedding much value over the past 30 days. One LTC has increased from $51 to $57, while Bitcoin has fallen considerably in the last 30 days.

    Big Eyes Coin Presale – what’s driving its growth?

    The Big Eyes Coin is a new meme coin currently performing well in its presale stages, with nearly $10 million raised at the time of writing. According to its whitepaper, the cat-themed Big Eyes Coin aims to create wealth for its community, move wealth into the decentralised financial system and help protect marine life and oceans around the world.

    Big Eyes presale is currently popular because it is a good investment option during the crypto winter when investors are looking to make guaranteed gains.

    The Big Eyes project is also turning heads because it’s ticking many boxes for investors, including its sustainable drive, community ownership, and massive media and social platform engagement.

    While Litecoin and Uniswap appear to benefit from the effects of the recent FTX crisis, Big Eyes Coin’s presale is growing steadily. The FTX collapse could have positively impacted big Eyes’ presale as it is decentralised like Litecoin and Uniswap. These events prove that centralised financial institutions with no transparency are failing, rather than crypto as a whole.

    When you buy BIG tokens, use this PROMO CODE to get more for your money: “BIGE478”

    For more information on Big Eyes Coin (BIG) and its community, please visit the following links:

    Big Eyes on Youtube: https://www.youtube.com/watch?v=TDRr9KhHQRw

    The Big Eyes Coin Presale: https://buy.bigeyes.space/

    The Big Eyes Website: https://bigeyes.space/

    The Big Eyes Telegram: https://t.me/BIGEYESOFFICIAL

    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.