Solana cryptocurrency could grow by 10600%
Analysts at the VanEck management company believe that the Solana blockchain will become the first network to reach 100 million users, and the value of its SOL coin will increase from $32 to $3,211 by 2030.
Experts say that Solana is becoming Ethereum’s strongest competitor and may well surpass the second cryptocurrency in terms of capitalization. At the same time, in the future, the Solana network is able to distance itself from Ethereum in order to emphasize its advantages — fast transaction processing speed and scalability.
Currently, the total amount of funds blocked in projects based on the Solana blockchain is $378. Since the beginning of the year, the rate of the SOL coin has increased by 200% and the cryptocurrency is now trading at $32. However, according to analysts at VanEck, there could be some pullback in SOL in the near future and the coin could fall below $30.
In early October, Solana Labs developers deployed update 1.16, which introduced support for confidential transactions.
Previously, VanEck analysts said that by 2030 ether will reach a price of $11,850, and in the best case it could cost $51,000. The new report talks about $13,000 per ETH coin.
Optim Initial Liquidity Event (ILE)
The ODAO approved and voted to move forward with Optim’s Initial Liquidity Event (ILE).
We are excited to commence this crucial step in Optim’s journey. The support and enthusiasm of the Cardano community has been incredible, and we look forward to continuing to build a more equitable and decentralized financial future together.
This article details the process, timeline, and mechanics of the ILE. If people have further questions and need clarification on any aspect of the ILE don’t hesitate to join us on Discord(link below or hyperlink?). The general channel is a great place to learn about anything Optim related along with our customer support ticket system.
Overview
Optim’s Initial Liquidity Event (ILE) will distribute the OPTIM and OPTMiz tokens to participants.
Optim will allocate 11,000,000 OPTIM (11% of total supply) to its ILE.
Another 4% of potential supply, if converted, in the form of 4,000,000 OPTIMiz tokens, will also be distributed.
More detail on OPTIMiz will be released, but when paired with OPTIM/ADA LP tokens OPTIMiz will be convertible to OPTIM. OPTIMiz tokens are a bonus to be automatically received with each OPTIM.
11,000,000 OPTIM– 8,000,000 OPTIM tokens will be available to ILE participants —**
- 3,000,000 OPTIM tokens will be paired with ADA for initial Protocol Owned Liquidity (POL) on TBA DEX. 4,000,000 OPTIMiz
Distributed pro rata, with each 1 OPTIM token receiving a bonus of 0.5 OPTIMiz.
The OPTIM <> ADA Liquidity Pool with 3,000,000 OPTIM and 1,500,000 ADA will be created on To-Be-Announced (TBA) DEX when the ILE ends. Immediately following, OPTIM tokens will be sent to ILE participants. Both the DEX LP creation and OPTIM distribution to participants will occur within 24 hours of ILE ending.
*OPTIM and OPTIMiz tokens received by the community will not be in the form of LP tokens.
It is up to individuals to decide what to do with the OPTIM tokens received via the ILE. The LP tokens in TBA DEX will be created by pairing the amount of ADA allocated to the ADA/OPTIM pool with the 3% of OPTIM supply reserved for this purpose.
Process
On October 27th, 2023 the OPTIM and OPTIMiz tokens will be sent to the ODAO treasury owned wallet for distribution. The ODAO treasury will then push these tokens to the distribution system for the ILE.
The Initial Liquidity Event (ILE) will begin October 28th, 2023 12:00 UTC and end 48 hours later
The ILE consists of 3 phases: First Swap Phase, Second Swap Phase, and Settlement Phase.
Star Atlas Giving null.35 Million in Loot to Players of Revolutionary Browser Game on Solana
Worldwide Golden Ticket event is the biggest Star Atlas reward campaign yet with players competing for a new reward pool of a minimum of $150,000 every week with a bonus $150,000 on the first week by crafting and discovering in-game golden tickets.
Star Atlas is once again taking traditional gaming to the next level with revolutionary web3 technology, this time with bountiful player rewards in its Golden Ticket event. This exclusive opportunity, part of the Star Atlas Golden Era (SAGE) Labs browser game on Solana, allows players to craft, trade, and win from a whopping loot pool of null.35 million over an 8-week promotional period.
To participate, players can craft Golden Tickets by using all crafted in-game assets in a special crafting recipe within the SAGE Labs game. These tickets are unique Semi-Fungible Tokens (SFTs) that can be entered into a weekly loot drawing of $150,000. The first week offers an increased loot pool of $300,000, featuring an extra Commander class ship. The inaugural weekly drawing will happen on November 3, 2023, while the participants will be able to submit their golden tickets for this drawing from October 27, 2023 onward. Please follow the Star Atlas Twitter and Discord channels for details.
Progress Report — CorePass, Ping, Testing Stats, and More
Dear community,
We are pleased to update you on the significant progress achieved in multiple areas of our development over the period of the past month.
Acknowledging the unfortunate slight delay in the ultimate release of CorePass ID and Ping Exchange is a challenging subject to tackle, albeit necessary to maintain transparency. While we sincerely apologize for any inconvenience this may have caused and empathize with the community’s understandable frustration, it shall be acknowledged that the primary factor impeding the release is presently beyond our control.
That being said, let us delve into the primary reason behind this delay and dissect the remaining adjustments necessary to ensure a flawless launch.
Current iOS Situation with Regard to CorePass🔄
Below, find updates on the status of the CorePass ID app approvals. While the Google Store approval remains in place, the iOS store has presented our developers with a considerable volume of feedback, which they’ve been diligently addressing.
We understand that the iOS team prioritizes user experience and UX/UI, and while this is commendable, it has inevitably slowed down progress for other teams and the ultimate releases of CorePass ID and Ping Exchange.
However, our initial stance still holds true. We’re committed to ensuring that the app is accessible to the entire community. Releasing it to only one platform wouldn’t be equitable for users and potential traders, given that accessing Ping Exchange is contingent on CorePass login. Given the extensive revisions requested by the iOS Store, we’re preparing a resubmission, which we anticipate will be submitted within approximately a week’s time.
The tweaks required for the application will also result in submitting an update for the Google Store, which is expected to grant approval rather smoothly, yet could prove to cause an extra day’s delay. Naturally, this process is of great importance to ensure that both the iOS and Google Store versions of the app are identical.
Due to the confidentiality of information exchange with iOS, we cannot specify the issues and subsequent changes, but we can bring you a general list of the tweaks to the CorePass ID application and developer updates:
Read More: medium.com/codetech/progress-report-corepass-ping-testing-stats-and-more-044d86860769
How to Know Exactly When to SELL a Cryptocurrency — 3 Simple Steps
Today, we’re diving deep into a critical aspect of crypto investment — the art of selling. Many people just keep buying or DCA into their preferred coins but have no idea how to take profits and when’s the right time to start selling.
This is part two of this:
3 Simple Steps To Know When To Buy a CryptocurrencyMastering Cryptocurrency Investment Like A Pro!medium.com
Contrary to popular belief, you shouldn’t DCA to eternity. Especially in crypto where the space is still in its infancy. Unrealized profits are just a number on your screen and mean nothing until you make them reflected in your bank account.
Knowing when and how to part ways with your digital assets is just as vital as choosing the right time to buy. In this blog post, we’ll unravel the intricacies of selling cryptocurrencies and help you master this essential skill. Note that this information is meant only for investors, not swing or day traders.
Step 1: Establish Clear and Measurable Goals
Begin by setting specific and achievable goals. When you invest in a cryptocurrency, determine what your objectives are.
For example, let’s say you purchased Bitcoin at $20,000, then based on your own research, your objective should be clear I’ll start selling when the price breaches $65k. I’ll sell 20% each at $65k, $68k, $70k, $75k, and ride the rest of the way. Start buying for the long term again only when the buying conditions are met again later as I’ve covered in my previous article.
Having these clear goals provides a solid foundation for your selling strategy. Your goals serve as a guiding light, enabling you to measure your success and maintain discipline in the volatile crypto market.
Step 2: The 50-day, 100-day, and 200-day MA
Now, let’s delve into the importance of chart analysis and moving averages in your selling strategy, using Bitcoin as an example:
Examine the Price Chart:
When contemplating selling, conduct a thorough analysis of the cryptocurrency’s price chart. In any case, you should only start selling when the chart is comfortably positioned above the 50-day, 100-day, and 200-day moving averages. This positioning suggests a bullish market trend. Most people do the opposite of what they should actually do. They buy when the market is going up, and sell when the market is going down. Don’t be like them! You should be doing the opposite. Understanding
Moving Averages:
Moving averages are indicators that smooth out price data to create a single flowing line. The 50-day, 100-day, and 200-day moving averages are crucial references. Selling when the chart is above these moving averages implies that the market has been in an upward trend for a while now, which often signifies a favorable time to sell before the opposite trend takes place.Step 3: Monitor the Relative Strength Index (RSI)
The Relative Strength Index (RSI) is a powerful tool to gauge the momentum and health of a cryptocurrency. Use the RSI to determine the right moment to sell:
**Threshold of 75:**Sell only when the RSI surpasses the 75 threshold. When the RSI climbs above 75, it typically indicates that the cryptocurrency is overbought, and a correction may be on the horizon. This is a valuable signal for considering a sell order.
If all these three are checks ☑️, you should start selling your coins by DCAing up. Don’t do the opposite and make the rookie mistakes 90% of people do hence never make actualized profits from the market.
New AI Cryptocurrency
rtificial intelligence generally we say AI. That uses AI in the cryptocurrency to improve its functionality and performance. It works on the various aspects of a cryptocurrency such as its security, scalability and efficiency.
AI cryptocurrencies are still a relatively new field, but they have the potential to revolutionize the way that cryptocurrencies are used and developed. AI can be used to create more secure, scalable and efficient cryptocurrencies. Which could make them more attractive to users and investors.
The Fours Fastest Gowing Cryptocurrency1. The Graph (GRT)
The Graph is a decentralized protocol for indexing and querying data from the blockchains. This cryptocurrency allows developers to build powerful dApps without having to worry about the infrastructure.
The graph is the native token that is used to pay the index and querying services.
According to the CoinMarketCap the Graph is trading at $0.08277 with a growth increase of 0.28% in the last one day. And its market capitalization is $754M USD.
2. Injective Protocol (INJ)
The injective protocol is a decentralized exchange. Which provides traders with a number of innovative features such as zero-slippage trading, perpetual contract and margin trading. INJ is a native token that is used to pay for the fee and to participate in governance.
According to the CoinMarketCap the Injective is trading at $7.73 in the last month it has increased by 6.92%. And it market market capitalization is $645.69M USD.
3. Fetch AI
The Fetch AI is a decentralized cryptocurrency network of autonomous agents that can be used to automate a wide range of tasks, such as data processing, trading and supply chain management.
FET is the native token for fetch AI and it is used to pay for use of the network.
According to the CoinMarketCap Fetch AI is trading at $0.214 and in the last year it increased by 154% and its market captiliztio is $226.97M USD.
4. Ocean Protocol (OCEAN)
Ocean protocol is a decentralized platform that allows users to buy sell and share the data. It also allows developers to build the AI application on the platform.
OCEAN is the native of the platform and it used to pay for the data to participate in governance.
According to the CoinMarketCap Ocean Protocol is trading at $0.296 and it increased 95.76% in the last year. And its market capitalization is $131M USD.
Five Years Of Cryptocurrency Altcoin Seasons Tell Us To BE READY
I believe these could be LIFECHANGING chart patterns and yet I’m hardly excited.
Last week I scanned 179 crypto charts and I posted my favorite ten.
It just seems so factual and objective…
I kind of feel silly pointing it out.
Today I’m going deeper and showing you why I’m so relaxed and prepared for this Altcoin Season in October of 2023.
Let’s Walk Down Crypto Memory Lane
Remember 2018 and those crazy days?
*2018 DOGE 450% gains (screenshot by author)*2019
Goodness, we had so much fun with LINK, back in the day…
*2019 LINK/BTC clocks 62% (screenshot by author)*Remember the gains from 2020?
It seems to me that the same chart patterns are setting up now in October 2023.
Read More:- medium.com/coinmonks/five-years-of-cryptocurrency-altcoin-seasons-tell-us-to-be-ready-8bf710e7f5ef
Uniswap, a decentralized cryptocurrency exchange, offers Android users a mobile wallet.
In the ever-evolving realm of cryptocurrency, Uniswap has solidified its position as a pioneer in the decentralized finance (DeFi) space. Known for its continuous innovation and commitment to accessibility, Uniswap has recently taken a noteworthy step in catering to the burgeoning community of Android users by introducing a mobile wallet. With this move, Uniswap empowers users to embrace the world of DeFi on their Android devices.
Revolutionizing Decentralized Finance:
In 2018, Hayden Adams laid the foundation for Uniswap, bringing forth a pioneering method for engaging in cryptocurrency trading that dispenses with the requirement for conventional middlemen. The decentralized character of this platform is made possible by the utilization of smart contracts on the Ethereum blockchain, affording users the capability to directly exchange a variety of cryptocurrencies from their personal wallets. This innovative concept not only simplifies the trading process but also elevates the levels of security and transparency within transactions.
🙌 The easiest money! Earn crypto without investments.
Hello, everyone!
Today, I will tell you how you can earn money with domain names without investing in them!🤑
Honestly, I’ve been using various programs of the .ART domain zone for a while now, and I’ve already earned around $300!
I was recently invited to the closed alpha testing of this wonderful new product where you can reserve .ART domains with points, and if someone buys them, you receive your percentage of the domain purchase in crypto!
How to start earn money with FANTASY PORTFOLIO? Join discord and create a ticket with the message “I want to test FANTASY PORTFOLIO” and they will add you to the lists. When everything is ready, they will grant you access.Once you are granted access, you will also be given points to test the platform and reserve interesting domains for yourself.Domains are reserved for six months, and during this time, if someone purchases your domain through your link, you will receive approximately 10% of the domain’s price. If it’s purchased on another platform without your link, you’ll receive 5%.
Examples of earnings:👉 Goodbye.art cost $10.000 = $500 or $1000.
👉 Dracula.art — $910 = $45 or $91.
Ruby One Referral Campaign — Be The One With $RUBY Reward
First things first, get your referral link
👇👉👉👉 Right Here 👈👈👈
Since 2009, the crypto space has gradually grown into a tech industry of itself. However, unlike the traditional ones, the crypto space is where users, probably for the first time ever in modern history, need to be their own banks, and fully grasp that the concept of self-custody makes users the sole responsible entity for their data and assets.
“Security at the expense of usability, comes at the expense of security.”
Just as the quote goes 👆 the real conundrum for the crypto builders is to make things easier and simpler to use while preserving all the privacy and security features.
This is a huge responsibility for all builders of this space as the crypto movement and web3 give us a chance to level the playing field, bypassing the highly centralized existing financing and decision-making structures.
And precisely because of such significance, we need a better product with a better user experience so more people can understand and know how to practice privacy, access-control, and eventually use crypto.
Ruby One, an MPC wallet developed by Ruby Protocol, is designed as the friendliest Web3 wallet to manage your cryptocurrencies.
It is a safe place to Buy / Sele / Store / Transfer / Manage / Recover your cryptocurrency, allowing an authentic but easy and comfortable crypto experience.
With Ruby One, your real crypto life starts here.