$AVAX coin is the base currency of the Avalanche blockchain. This means that the currency is used to pay gas fees on this network. It is a network compatible with the Ethereum Virtual Machine, which means that it can be added to the MetaMask wallet and transfers between it and the Ethereum network can also be done easily. This network was established in 2018. The project succeeded in obtaining funding estimated at $60 million during the years 2019 and 2020. But what distinguishes the project is that it succeeded in obtaining much more funding than this after the end of the ICO Initial coin offering phase, in which currencies are sold in exchange for money to investors. Until now, the project is still under development, but the network has been launched and can be used. We must not forget that digital currency projects are essentially experimental, which means that they are subject to construction, development, and updating all the time. The Avalance blockchain is based on the proof of stake mechanism. This means increased centralization of the network, but in return the network is much faster than the Ethereum network. The gas fees on this network are somewhat higher than, for example, Binance, but much lower than Ethereum fees.
The market gave you 532 days to accumulate, while most weren’t paying attention. Now that eyes are returning back to the crypto market, you’re trying not to FOMO into coins, yet they keep going higher. The dips aren’t coming, and you’re left sidelined for the entire bullrun. #HotTrends#BTC
CELO/USD Technical Analysis The 4-hour chart for CELO/USD clearly shows a powerful bullish trend, driven by a significant rise in the price of CELO. Emanating from a 20-period close, an exponential moving average (EMA) is drawn under the candlesticks, revealing an obvious uptrend and functioning as dynamic support that reinforces the current bullish mood in the market. This dynamic support from the EMA line reinforces the bullish outlook, suggesting that the trend might continue. Furthermore, the Moving Average Convergence Divergence (MACD) presents a compelling picture of bullish momentum, with its measurement at 0.124042. The MACD line, depicted in blue, prominently positions itself above the signal line in orange. This is indicative of strong bullish momentum. #celo#HotTrends
🚀 Tether launches USDT on Celo! 🌍 Big news, #crypto fam! Tether's USDT is now on Celo, a carbon-negative, EVM-compatible network. What does this mean for you? 🤔 🌟 USDT as gas currency on Celo 🌟 Streamlined transactions & efficiency on dApps 🌟 Low sub-cent fees (around $0.001) 🤑 🌟 Expands stable assets' use cases (savings, lending, remittances, cross-border payments) Celo is all about real-world use & fast, low-cost payments. With $USDT joining eXOF & cREAL, we're looking at a more inclusive financial system. 🌐 What do you think? Will this change the game for #DeFi ? Let us know in the comments! 💬
SOL UPDATE!! Due to a heavy bullish run by $SOL a correction can be seen as the coin is losing it's price heavily in the current market!! 1) Solana holders, understand that now is the time to keep holding. 2) People looking for the right time to buy Solana, now is the time to accumulate as this is only a correction and not a long-term fall! As I had mentioned in a previous post, the correction to be seen is expected to go down to a price of $135 (USD) after which a strong upward rally is to be expected with it's first strong resistance level to be seen at $170. If you like my content, please interact with the post and give me a follow!! #HotTrends#GALA
Celo Foundation announced a new partnership with #Googlecloud to bolster the growth of mission-aligned projects in Celo’s blockchain ecosystem and to expand the early adoption of Google Cloud services. #celo#Aevo#google
Celo is a platform acting as a global payment infrastructure for cryptocurrencies that aims to target mobile users. To this end, Celo's goal is for financial activity to be accessible to anyone globally thanks to its ability for payments to be sent to and from any phone number in the world.
In addition to basic payments, Celo can support the development of decentralized applications on its blockchain. Thus far, these dapps include one allowing anyone to contribute to a community’s universal basic income scheme, as well as a crowdfunding platform for social causes.
Central to running the operations on its blockchain, Celo operates two native tokens: CELO, a governance asset for voting on changes to the protocol and Celo Dollars (cUSD), a stablecoin mirroring the value of the US dollar.
STOP SCROLLING ‼️ I found a secret crypto gem. Binance is listing a coin next week and no one is talking about it. We’ve seen a LOT of success with tokens with strong fundamentals listed by Binance in the past, such as $PORTAL , $SEI , and many more. On Wednesday 13th, Binance is launching a hot new token on their launchpool called $AEVO . What is it? $AEVO is a decentralised trading platform with all the features and efficiency of a centralised exchange: - offers all the products a trade needs: options, perps, yield and structured products in a single place. - they already processed $10 billion of options trading volume since 2020 and proven itself for trust and security. - team consists of players from reputable companies such as Coinbase, Kraken and Goldman Sachs, and institutions such as Stanford, MIT and Cornell. Backed by BIG names such as Paradigm, Coinbase, Dragonfly, Nascent, Scalar Capital, Ethereal Ventures, Robot Ventures, Alliance It easy to buy just register on Binance and go to their launch pool.
$Will Shiba Inu go to $1? Let’s first look at its fundamental aspects. - Date: 03/05/2024 - Rank: No. 10 - Market capitalization: $25.34 billion - Fully diluted market capitalization: $25.35 billion - Market dominance: 1.01% - Circulation offer: 589.29 T - Total supply: 589.53 T - Maximum offer: Not mentioned - All-time high: $0.000088450814267 (2021-10-28) - All-time low: $0.000000000081646 (09/01/2020) if you want to win a free FDUSD instant check quoted, attached or pinned 📌 post Here we see that $SHIB is The max supply is not mentioned, which is a negative, but the total supply: 589.29T and the market cap: $25.34 billion. So, price per Shiba: ($25.34B ÷ $589.29T) = $0.0000430008993873. If Shiba were to reach $1, its market cap would have to be $589.29 trillion, which is never possible because we know that the total market cap of the crypto market is $2.52 trillion. On the other hand, if Shiba's supply is reduced from $589.29 trillion Shiba to $25.35 billion Shiba, equivalent to Shiba's current market cap, then Shiba would reach $1, but we know this is never possible 😐 However, 70% of Shiba's supply base transaction fees paid on the Shibarium layer 2 network are used to burn Shiba. As of January 2024, Shiba Inu has burned 9.9 billion Shib. 🫂Remember: A lot of work goes into providing you with the best investment items. Your generous advice would strengthen our mission and help us work even harder so that you can give the best investment advice.#TrendingTopic#SHIB/𝗨𝗦𝗗𝗧 #SHIBA✅🚀#shibainuOctober14, 2024
🚨 BREAKING 🚨 BRICS ( BRAZIL, RUSSIA, INDIA, CHINA AND SOUTH AFRICA ) HAVE JUST ANNOUNCED A CREATION OF INDEPENDENT PAYMENT SYSTEM BASED ON CRYPTOCURRENCY AND BLOCKCHAIN. THIS IS MASSIVE 🔥 #TrendingTopic