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💸 Another AIRDROP you should hear about!🤑
$NIBI from #Nibiruchain
the project was confirmed by Airdrop just a few days ago! 💣
There is a campaign running until February 28 in which you can farm points that
they will allocate us on Airdrop! 📦
🔸 Nibiru is a layer 1 blockchain powered by smart contracts with RWA and DeFi.
🔸 The roadmap also looks pretty decent, and it's hard to find any discrepancies in the whitepaper.
Is this another project from the Cosmos network, what needs to be done to be able to airdrop?
🔸 First, get your Leapwallet wallet (Keplr option) and change the network from Cosmos to Nibiru
we connect our new wallet to the website (link below)
https://nibiru.fi/airdrops
🔸 We complete daily tasks from the site that receive points that qualify us for the airdrop.
More points will grant you higher possibility to earn much more from the airdrop.
Basic knowledge about how are working Airdrops.
Airdrops in the world of cryptocurrencies refer to a promotional strategy, where project creators distribute free tokens or cryptocurrencies to their community or potential users. Airdrops aim to increase awareness of the project, attract new users, and build an engaged community.
Here is the general principle of how cryptocurrency time airdrops work.
Typically have a set duration, after which registration is closed, and tokens are distributed. Participants must register within a specified time frame to qualify for receiving free tokens.
Leave a like ❤️
Save the post and feel free to comment!
#Write2Earn #TrendingTopic #NIBIRU #COSMOS
$NIBI from #Nibiruchain
the project was confirmed by Airdrop just a few days ago! 💣
There is a campaign running until February 28 in which you can farm points that
they will allocate us on Airdrop! 📦
🔸 Nibiru is a layer 1 blockchain powered by smart contracts with RWA and DeFi.
🔸 The roadmap also looks pretty decent, and it's hard to find any discrepancies in the whitepaper.
Is this another project from the Cosmos network, what needs to be done to be able to airdrop?
🔸 First, get your Leapwallet wallet (Keplr option) and change the network from Cosmos to Nibiru
we connect our new wallet to the website (link below)
https://nibiru.fi/airdrops
🔸 We complete daily tasks from the site that receive points that qualify us for the airdrop.
More points will grant you higher possibility to earn much more from the airdrop.
Basic knowledge about how are working Airdrops.
Airdrops in the world of cryptocurrencies refer to a promotional strategy, where project creators distribute free tokens or cryptocurrencies to their community or potential users. Airdrops aim to increase awareness of the project, attract new users, and build an engaged community.
Here is the general principle of how cryptocurrency time airdrops work.
Typically have a set duration, after which registration is closed, and tokens are distributed. Participants must register within a specified time frame to qualify for receiving free tokens.
Leave a like ❤️
Save the post and feel free to comment!
#Write2Earn #TrendingTopic #NIBIRU #COSMOS
PUBG Developer Krafton Unveils Settlus, a Blockchain Project for Gaming and Metaverse
In a groundbreaking move, Krafton, the developer behind the immensely popular battle royale game PUBG: Battlegrounds, has ventured into the world of blockchain technology. They have announced their ambitious project, Settlus, a layer-1 blockchain platform utilizing the Cosmos Software Development Kit (SDK) for payment settlements, with a focus on enhancing the gaming and metaverse ecosystem. This article dives into the exciting details of Krafton's foray into blockchain technology and its potential implications.
Unveiling of Settlus
Krafton, in collaboration with Circle and AngelHack, introduced the Settlus blockchain project at the Korea Blockchain Week's Circle Hacker House event, marking a significant step into the blockchain arena.
Powering PUBG with Blockchain
With over 30 million monthly active users of PUBG, Settlus aims to revolutionize the gaming industry by providing a new payment and settlement layer, potentially benefiting gamers and content creators.
Cosmos SDK: The Foundation of Settlus
Learn about the Cosmos SDK, a framework that enables the creation of interoperable layer-1 blockchains. Discover how it plays a pivotal role in the development of Settlus and its potential to connect with other blockchain networks.
Settlus' Unique Features
Explore the distinctive features of Settlus, including its approach to gas fees, which will be payable through stablecoins, and its initial integration with Circle's stablecoin, USDC.
Project Migaloo: A Metaverse Vision
Discover the synergy between Settlus and Project Migaloo, an exciting metaverse platform that promises to empower content creators with a "create-to-earn" system, automatic NFT generation, and royalty rights on digital asset sales.
In Summary
Krafton's entry into the blockchain space with Settlus signifies an exciting development in the world of gaming and metaverse technology. As Settlus prepares for its testnet launch in early 2024, it holds the potential to reshape how gamers and content creators interact with digital ecosystems. Stay tuned for more updates on this groundbreaking project at the intersection of gaming and blockchain.
#Krafton #PUBG #COSMOS $ATOM #Gaming #Settlus
Unveiling of Settlus
Krafton, in collaboration with Circle and AngelHack, introduced the Settlus blockchain project at the Korea Blockchain Week's Circle Hacker House event, marking a significant step into the blockchain arena.
Powering PUBG with Blockchain
With over 30 million monthly active users of PUBG, Settlus aims to revolutionize the gaming industry by providing a new payment and settlement layer, potentially benefiting gamers and content creators.
Cosmos SDK: The Foundation of Settlus
Learn about the Cosmos SDK, a framework that enables the creation of interoperable layer-1 blockchains. Discover how it plays a pivotal role in the development of Settlus and its potential to connect with other blockchain networks.
Settlus' Unique Features
Explore the distinctive features of Settlus, including its approach to gas fees, which will be payable through stablecoins, and its initial integration with Circle's stablecoin, USDC.
Project Migaloo: A Metaverse Vision
Discover the synergy between Settlus and Project Migaloo, an exciting metaverse platform that promises to empower content creators with a "create-to-earn" system, automatic NFT generation, and royalty rights on digital asset sales.
In Summary
Krafton's entry into the blockchain space with Settlus signifies an exciting development in the world of gaming and metaverse technology. As Settlus prepares for its testnet launch in early 2024, it holds the potential to reshape how gamers and content creators interact with digital ecosystems. Stay tuned for more updates on this groundbreaking project at the intersection of gaming and blockchain.
#Krafton #PUBG #COSMOS $ATOM #Gaming #Settlus
Cosmoverse 2023 to Showcase the Cosmos Ecosystem in Istanbul
Cosmoverse annual conference is back for its third year, and this time it's headed to Istanbul. The conference, which will take place from October 2 to 4, 2023, will focus on the Cosmos ecosystem and its potential to foster cross-chain collaboration and global synergy.
The Cosmos ecosystem is known for its focus on interoperability, and the conference will provide a platform for attendees to learn about the latest technological advancements within the ecosystem. The event will also highlight the innovative contributions from the Cosmos community that have helped to propel the ecosystem's growth.
The choice of Istanbul as the conference's host city is strategic. Turkey is a vibrant hub of cryptocurrency adoption, and the conference will provide a unique opportunity for the Cosmos ecosystem to connect with a diverse range of crypto enthusiasts. The recent launch of Replicated Security and the emergence of the ATOM Economic Zone underscore the dynamic evolution of the Cosmos Hub's security architecture, further aligning with Turkey's crypto community.
Cosmoverse 2023 promises to be a packed three days, with a variety of activities planned, including speeches, panel discussions, and workshops. Over 2000 attendees are expected to gather and engage with influential speakers from within the Cosmos ecosystem and beyond. Among the notable speakers are Ethan Buchmann and Sunny Aggarwal, Co-Founders of Cosmos and Osmosis respectively. The participation of tech giants such as Deutsche Telekom AG and Vodafone highlights the conference's global appeal and relevance.
A significant addition to this year's Cosmoverse is Hackmos, the first-ever Cosmos hackathon. Taking place on October 6 and 7, Hackmos aims to bring developers together to collaborate on innovative software solutions that will contribute to the continued growth of the Cosmos ecosystem. This initiative demonstrates the conference's commitment to nurturing and supporting talent within the developer community.
Cosmoverse's influence extends beyond its annual conference, as it has successfully organized ATOMXYZ events worldwide, fostering community-building across various cities. One remarkable aspect of Cosmoverse is its inclusivity, with tickets being offered at a maximum price of $99, making it one of the most accessible events within the crypto space.
Cosmoverse 2023 is poised to be a milestone event in the global blockchain and crypto landscape. By converging the Cosmos community and other Layer 1 ecosystems, the conference aims to catalyze cross-chain collaboration and drive the evolution of a multichain future. With its emphasis on education, innovation, and inclusivity, Cosmoverse is set to propel the Cosmos ecosystem and its ideals to new heights. #ATOM #COSMOS #COSMOVERSE23 $ATOM #Turkey #Istanbul
The Cosmos ecosystem is known for its focus on interoperability, and the conference will provide a platform for attendees to learn about the latest technological advancements within the ecosystem. The event will also highlight the innovative contributions from the Cosmos community that have helped to propel the ecosystem's growth.
The choice of Istanbul as the conference's host city is strategic. Turkey is a vibrant hub of cryptocurrency adoption, and the conference will provide a unique opportunity for the Cosmos ecosystem to connect with a diverse range of crypto enthusiasts. The recent launch of Replicated Security and the emergence of the ATOM Economic Zone underscore the dynamic evolution of the Cosmos Hub's security architecture, further aligning with Turkey's crypto community.
Cosmoverse 2023 promises to be a packed three days, with a variety of activities planned, including speeches, panel discussions, and workshops. Over 2000 attendees are expected to gather and engage with influential speakers from within the Cosmos ecosystem and beyond. Among the notable speakers are Ethan Buchmann and Sunny Aggarwal, Co-Founders of Cosmos and Osmosis respectively. The participation of tech giants such as Deutsche Telekom AG and Vodafone highlights the conference's global appeal and relevance.
A significant addition to this year's Cosmoverse is Hackmos, the first-ever Cosmos hackathon. Taking place on October 6 and 7, Hackmos aims to bring developers together to collaborate on innovative software solutions that will contribute to the continued growth of the Cosmos ecosystem. This initiative demonstrates the conference's commitment to nurturing and supporting talent within the developer community.
Cosmoverse's influence extends beyond its annual conference, as it has successfully organized ATOMXYZ events worldwide, fostering community-building across various cities. One remarkable aspect of Cosmoverse is its inclusivity, with tickets being offered at a maximum price of $99, making it one of the most accessible events within the crypto space.
Cosmoverse 2023 is poised to be a milestone event in the global blockchain and crypto landscape. By converging the Cosmos community and other Layer 1 ecosystems, the conference aims to catalyze cross-chain collaboration and drive the evolution of a multichain future. With its emphasis on education, innovation, and inclusivity, Cosmoverse is set to propel the Cosmos ecosystem and its ideals to new heights. #ATOM #COSMOS #COSMOVERSE23 $ATOM #Turkey #Istanbul
#write2earn #ONDO FINANCE AND #NOBLE CHAIN JOIN FORCES: EXPANDING TOKENIZED TREASURY OFFERINGS TO #COSMOS $ONDO $OSMO $usdy
Ondo Finance, a platform for tokenizing real-world assets (RWAs), has joined forces with Noble chain, built on Cosmos, to extend its tokenized offerings to the Cosmos ecosystem.
Ondo Finance, a major player in the booming tokenized Treasury market with over $300 million in deposits, has announced its partnership with Noble chain to expand its tokenized U.S. Treasury products to the Cosmos (ATOM) network.
The first asset Ondo plans to introduce via Noble is USDY, a tokenized note backed by short-term U.S. Treasuries, offering a 5.2% annual yield, slated for release by the end of the second quarter of this year. USDY is currently accessible on Ethereum, Solana, Mantle, and Sui.
By expanding to Cosmos, Ondo aims to integrate its token offerings across more than 90 blockchains in the Cosmos ecosystem, enhancing adoption for its U.S. Treasury-backed products as a means for earning yield, making payments, and serving as collateral.
Cosmos, known as the "internet of blockchains," comprises a network of individual blockchains, including dYdX (DYDX), Celestia (TIA), Sei (SEI), and Injective (INJ). Noble serves as an application-specific chain within this ecosystem, designed for issuing native digital assets. Ondo will utilize Noble as a "routing hub" for liquidity within the Cosmos network.
Nathan Allman, founder of Ondo Finance, expressed excitement about the partnership, stating, "Having Noble as our issuance partner will bring vastly improved utility and liquidity to appchains and their users, all while offering exposure to yielding instruments."
Ondo Finance has emerged as a major player in the $1.2 billion tokenized Treasury market, witnessing significant growth as crypto investors and digital asset firms seek secure avenues to invest their blockchain-based cash reserves and earn yields. Since its inception in early 2023, Ondo's tokenized offerings have attracted deposits exceeding $300 million.
Ondo Finance, a platform for tokenizing real-world assets (RWAs), has joined forces with Noble chain, built on Cosmos, to extend its tokenized offerings to the Cosmos ecosystem.
Ondo Finance, a major player in the booming tokenized Treasury market with over $300 million in deposits, has announced its partnership with Noble chain to expand its tokenized U.S. Treasury products to the Cosmos (ATOM) network.
The first asset Ondo plans to introduce via Noble is USDY, a tokenized note backed by short-term U.S. Treasuries, offering a 5.2% annual yield, slated for release by the end of the second quarter of this year. USDY is currently accessible on Ethereum, Solana, Mantle, and Sui.
By expanding to Cosmos, Ondo aims to integrate its token offerings across more than 90 blockchains in the Cosmos ecosystem, enhancing adoption for its U.S. Treasury-backed products as a means for earning yield, making payments, and serving as collateral.
Cosmos, known as the "internet of blockchains," comprises a network of individual blockchains, including dYdX (DYDX), Celestia (TIA), Sei (SEI), and Injective (INJ). Noble serves as an application-specific chain within this ecosystem, designed for issuing native digital assets. Ondo will utilize Noble as a "routing hub" for liquidity within the Cosmos network.
Nathan Allman, founder of Ondo Finance, expressed excitement about the partnership, stating, "Having Noble as our issuance partner will bring vastly improved utility and liquidity to appchains and their users, all while offering exposure to yielding instruments."
Ondo Finance has emerged as a major player in the $1.2 billion tokenized Treasury market, witnessing significant growth as crypto investors and digital asset firms seek secure avenues to invest their blockchain-based cash reserves and earn yields. Since its inception in early 2023, Ondo's tokenized offerings have attracted deposits exceeding $300 million.
For any decentralized finance or DeFi ecosystem to function efficiently, stablecoins are crucial. They enable liquidity — the easy movement of value from one place to another — with less friction and volatility risk.
Both Ethereum and Solana have enjoyed vibrant DeFi environments, at least partly due to the ease of access to stablecoin utility within their networks. This has not yet been the case for the appchain ecosystem that calls itself the “internet of blockchains” — Cosmos.
#COSMOS #defi #stablecoin #ETH #solana
Both Ethereum and Solana have enjoyed vibrant DeFi environments, at least partly due to the ease of access to stablecoin utility within their networks. This has not yet been the case for the appchain ecosystem that calls itself the “internet of blockchains” — Cosmos.
#COSMOS #defi #stablecoin #ETH #solana
Grayscale Removes Cardano and Cosmos Tokens from Its Funds
In a recent move, Grayscale has adjusted the composition of its cryptocurrency investment funds by removing Cardano (ADA) tokens from the Grayscale Digital Large Cap Fund and Cosmos (ATOM) tokens from the Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPxE). This strategic decision is part of Grayscale's quarterly fund rebalancing process, where they optimize the allocation of assets within their funds.
Here are the details of the changes:
1. Grayscale Digital Large Cap Fund:
○ After removing ADA tokens, the fund now consists of the following components:
■ 70.96% Bitcoin (BTC)
■ 21.84% Ethereum (ETH)
■ 4.52% Solana (SOL)
■ 1.73% Ripple (XRP)
■ 0.95% Avalanche (AVAX)
2. Grayscale Smart Contract Platform Fund:
○ Following the removal of ATOM tokens, the fund's composition has shifted to:
■ 58.41% Solana (SOL)
■ 14.56% Cardano (ADA)
■ 12.25% Avalanche (AVAX)
■ 8.53% Polkadot (DOT)
■ 6.25% Polygon (MATIC)
3. Grayscale DeFi Fund:
○ No new assets were added or removed from this fund. Its current allocation includes:
■ 48.74% Uniswap (UNI)
■ 20.41% Maker (MKR)
■ 13.17% Lido (LDO)
■ 9.99% Aave (AAVE)
■ 7.69% Synthetix (SNX)
These adjustments reflect Grayscale's ongoing efforts to optimize their investment strategies and adapt to market dynamics. As the crypto landscape evolves, Grayscale aims to provide investors with diversified exposure to digital assets while maintaining a balanced portfolio across various projects and protocols. Grayscale Removes Cardano and Cosmos Tokens from Its Funds
In a recent move, Grayscale has adjusted the composition of its cryptocurrency investment funds by removing Cardano (ADA) tokens from the Grayscale Digital Large Cap Fund and Cosmos (ATOM) tokens from the Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPxE). This strategic decision is part of Grayscale’s quarterly fund rebalancing process, where they optimize the allocation of assets within their funds.
Here are the details of the changes:
1. Grayscale Digital Large Cap Fund:
- After removing ADA tokens, the fund now consists of the following components:
- 70.96% Bitcoin (BTC)
- 21.84% Ethereum (ETH)
- 4.52% Solana (SOL)
- 1.73% Ripple (XRP)
- 0.95% Avalanche (AVAX)
2. Grayscale Smart Contract Platform Fund:
- Following the removal of ATOM tokens, the fund’s composition has shifted to:
- 58.41% Solana (SOL)
- 14.56% Cardano (ADA)
- 12.25% Avalanche (AVAX)
- 8.53% Polkadot (DOT)
- 6.25% Polygon (MATIC)
3. Grayscale DeFi Fund:
- No new assets were added or removed from this fund. Its current allocation includes:
- 48.74% Uniswap (UNI)
- 20.41% Maker (MKR)
- 13.17% Lido (LDO)
- 9.99% Aave (AAVE)
- 7.69% Synthetix (SNX)
These adjustments reflect Grayscale’s ongoing efforts to optimize their investment strategies and adapt to market dynamics. As the crypto landscape evolves, Grayscale aims to provide investors with diversified exposure to digital assets while maintaining a balanced portfolio across various projects and protocols. 🚀🌟
SOURCES:PANews
#ADA #COSMOS #BTC #ETH #BNB
Here are the details of the changes:
1. Grayscale Digital Large Cap Fund:
○ After removing ADA tokens, the fund now consists of the following components:
■ 70.96% Bitcoin (BTC)
■ 21.84% Ethereum (ETH)
■ 4.52% Solana (SOL)
■ 1.73% Ripple (XRP)
■ 0.95% Avalanche (AVAX)
2. Grayscale Smart Contract Platform Fund:
○ Following the removal of ATOM tokens, the fund's composition has shifted to:
■ 58.41% Solana (SOL)
■ 14.56% Cardano (ADA)
■ 12.25% Avalanche (AVAX)
■ 8.53% Polkadot (DOT)
■ 6.25% Polygon (MATIC)
3. Grayscale DeFi Fund:
○ No new assets were added or removed from this fund. Its current allocation includes:
■ 48.74% Uniswap (UNI)
■ 20.41% Maker (MKR)
■ 13.17% Lido (LDO)
■ 9.99% Aave (AAVE)
■ 7.69% Synthetix (SNX)
These adjustments reflect Grayscale's ongoing efforts to optimize their investment strategies and adapt to market dynamics. As the crypto landscape evolves, Grayscale aims to provide investors with diversified exposure to digital assets while maintaining a balanced portfolio across various projects and protocols. Grayscale Removes Cardano and Cosmos Tokens from Its Funds
In a recent move, Grayscale has adjusted the composition of its cryptocurrency investment funds by removing Cardano (ADA) tokens from the Grayscale Digital Large Cap Fund and Cosmos (ATOM) tokens from the Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPxE). This strategic decision is part of Grayscale’s quarterly fund rebalancing process, where they optimize the allocation of assets within their funds.
Here are the details of the changes:
1. Grayscale Digital Large Cap Fund:
- After removing ADA tokens, the fund now consists of the following components:
- 70.96% Bitcoin (BTC)
- 21.84% Ethereum (ETH)
- 4.52% Solana (SOL)
- 1.73% Ripple (XRP)
- 0.95% Avalanche (AVAX)
2. Grayscale Smart Contract Platform Fund:
- Following the removal of ATOM tokens, the fund’s composition has shifted to:
- 58.41% Solana (SOL)
- 14.56% Cardano (ADA)
- 12.25% Avalanche (AVAX)
- 8.53% Polkadot (DOT)
- 6.25% Polygon (MATIC)
3. Grayscale DeFi Fund:
- No new assets were added or removed from this fund. Its current allocation includes:
- 48.74% Uniswap (UNI)
- 20.41% Maker (MKR)
- 13.17% Lido (LDO)
- 9.99% Aave (AAVE)
- 7.69% Synthetix (SNX)
These adjustments reflect Grayscale’s ongoing efforts to optimize their investment strategies and adapt to market dynamics. As the crypto landscape evolves, Grayscale aims to provide investors with diversified exposure to digital assets while maintaining a balanced portfolio across various projects and protocols. 🚀🌟
SOURCES:PANews
#ADA #COSMOS #BTC #ETH #BNB
Cosmos (ATOM) Partners with Frax Finance in DeFi Expansion
Frax Finance is teaming up with Noble to expand its presence by joining the Cosmos ecosystem. Through this collaboration, Frax’s stablecoin, FRAX, and its staked version, sFRAX, will be available within the Cosmos network.
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Cosmos is renowned for its interoperability, connecting approximately 80 blockchains, making it easier for users to access and utilize FRAX and sFRAX across various platforms.
Frax Finance Expands Presence in Cosmos Ecosystem
The integration of FRAX and sFRAX into the Cosmos ecosystem aims to give users more options for trading, savings, payments, and collateral. This move could strengthen the decentralized finance (DeFi) sector within Cosmos by providing users with versatile financial tools.
This expansion is a big step for Frax Finance, extending the use of its stablecoin beyond Ethereum. By bringing FRAX and sFRAX to Cosmos, Frax Finance hopes to reach more users across different blockchain networks.
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Sam Kazemian, the founder of Frax Finance, highlighted the importance of this partnership. He believes it could lead to more people using FRAX and sFRAX in innovative ways within the Cosmos community.
The impact of integrating FRAX and sFRAX into the Cosmos ecosystem and competing with stablecoins like USDT and USDC is still uncertain. It’s unclear how this move will affect Cosmos and its position in the stablecoin market.
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Frax Finance offers various financial instruments, including FRAX, sFRAX, and platforms for DeFi activities. Partnering with Noble suggests potential future expansions and integrations, which could introduce more Frax assets to the Cosmos ecosystem, expanding its offerings.
Also Read: Dogecoin's Value Surge Sparks Market Enthusiasm
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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#Bitcoin #Ethereum #Crypto #COSMOS #ATOM $ATOM
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Cosmos is renowned for its interoperability, connecting approximately 80 blockchains, making it easier for users to access and utilize FRAX and sFRAX across various platforms.
Frax Finance Expands Presence in Cosmos Ecosystem
The integration of FRAX and sFRAX into the Cosmos ecosystem aims to give users more options for trading, savings, payments, and collateral. This move could strengthen the decentralized finance (DeFi) sector within Cosmos by providing users with versatile financial tools.
This expansion is a big step for Frax Finance, extending the use of its stablecoin beyond Ethereum. By bringing FRAX and sFRAX to Cosmos, Frax Finance hopes to reach more users across different blockchain networks.
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Sam Kazemian, the founder of Frax Finance, highlighted the importance of this partnership. He believes it could lead to more people using FRAX and sFRAX in innovative ways within the Cosmos community.
The impact of integrating FRAX and sFRAX into the Cosmos ecosystem and competing with stablecoins like USDT and USDC is still uncertain. It’s unclear how this move will affect Cosmos and its position in the stablecoin market.
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Frax Finance offers various financial instruments, including FRAX, sFRAX, and platforms for DeFi activities. Partnering with Noble suggests potential future expansions and integrations, which could introduce more Frax assets to the Cosmos ecosystem, expanding its offerings.
Also Read: Dogecoin's Value Surge Sparks Market Enthusiasm
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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#Bitcoin #Ethereum #Crypto #COSMOS #ATOM $ATOM
#ATOMUSDT #ATOM #COSMOS $ATOM
For this asset, the indicator has only one miss out of ten. It's understandable, as the asset is being squeezed into a narrow range, and the indicator requires a trend for its full swing. However, even in such tight fluctuations, it allows for earning 2-3% per day, which is quite good in such volatility. Overall, the asset has found support around 9.2 and is likely to revisit it. It will be necessary to observe the buyer and the formation of a setup for a long position and then enter the trade. Alternatively, wait for a long signal on the hourly timeframe on my indicator and enter confidently! To purchase the indicator at a discount, write to me. LOOK FOR CONTACTS IN THE FEED! (They are prominently displayed).
For this asset, the indicator has only one miss out of ten. It's understandable, as the asset is being squeezed into a narrow range, and the indicator requires a trend for its full swing. However, even in such tight fluctuations, it allows for earning 2-3% per day, which is quite good in such volatility. Overall, the asset has found support around 9.2 and is likely to revisit it. It will be necessary to observe the buyer and the formation of a setup for a long position and then enter the trade. Alternatively, wait for a long signal on the hourly timeframe on my indicator and enter confidently! To purchase the indicator at a discount, write to me. LOOK FOR CONTACTS IN THE FEED! (They are prominently displayed).
INTRODUCING $ATOM
Very good potential to go bullish. I wont recommend doing future trade, if you have funds ranging $500 up, do spot trade.
Have a safe trade, be wise.
#HODL #ATOM #COSMOS
#Write2Earn
Very good potential to go bullish. I wont recommend doing future trade, if you have funds ranging $500 up, do spot trade.
Have a safe trade, be wise.
#HODL #ATOM #COSMOS
#Write2Earn
$ATOM As of June 21, 2024, the technical indicators for Cosmos (ATOM) / USDT signal a predominantly bearish outlook, with both moving averages and technical indicators suggesting caution for investors.
The moving averages indicate a sell sentiment, with 11 sell signals against only 1 buy signal. Short-term moving averages such as the MA5 and MA10 are showing sell signals, reflecting negative momentum in the recent trading periods. Longer-term moving averages like the MA50 and MA200 also indicate sell signals, highlighting a consistent downward trend over an extended timeframe.
The overall summary from technical indicators reinforces this bearish sentiment, with 9 sell signals and only 1 buy signal. The Relative Strength Index (RSI) stands at 33.188, suggesting that the asset is approaching oversold conditions, though not yet indicating a reversal. Other indicators such as the Stochastic Oscillator (40.895) and the Commodity Channel Index (CCI) at -90.9806 also reflect selling pressure, further supporting the bearish outlook.
Notably, the MACD (12,26) presents a sell signal with a value of -0.43, indicating bearish momentum. The Average Directional Index (ADX) at 40.195 confirms the strength of the current downtrend. Additionally, the Williams %R at -64.968 and the Rate of Change (ROC) at -15.049 both suggest negative momentum.
However, there is a glimmer of positivity from the Ultimate Oscillator, which indicates a buy signal at 51.146, suggesting potential for short-term bullish activity. The low volatility reflected by the ATR (14) at 0.3669 implies that significant price swings are unlikely in the immediate future.
Overall, while Cosmos (ATOM) is facing a bearish trend according to most technical indicators, the presence of a buy signal from the Ultimate Oscillator and the nearing oversold conditions in the RSI provide some hope for potential short-term recovery. Investors should remain cautious, balancing these mixed signals with a strategic approach to risk management.$ATOM #ATOM #COSMOS
The moving averages indicate a sell sentiment, with 11 sell signals against only 1 buy signal. Short-term moving averages such as the MA5 and MA10 are showing sell signals, reflecting negative momentum in the recent trading periods. Longer-term moving averages like the MA50 and MA200 also indicate sell signals, highlighting a consistent downward trend over an extended timeframe.
The overall summary from technical indicators reinforces this bearish sentiment, with 9 sell signals and only 1 buy signal. The Relative Strength Index (RSI) stands at 33.188, suggesting that the asset is approaching oversold conditions, though not yet indicating a reversal. Other indicators such as the Stochastic Oscillator (40.895) and the Commodity Channel Index (CCI) at -90.9806 also reflect selling pressure, further supporting the bearish outlook.
Notably, the MACD (12,26) presents a sell signal with a value of -0.43, indicating bearish momentum. The Average Directional Index (ADX) at 40.195 confirms the strength of the current downtrend. Additionally, the Williams %R at -64.968 and the Rate of Change (ROC) at -15.049 both suggest negative momentum.
However, there is a glimmer of positivity from the Ultimate Oscillator, which indicates a buy signal at 51.146, suggesting potential for short-term bullish activity. The low volatility reflected by the ATR (14) at 0.3669 implies that significant price swings are unlikely in the immediate future.
Overall, while Cosmos (ATOM) is facing a bearish trend according to most technical indicators, the presence of a buy signal from the Ultimate Oscillator and the nearing oversold conditions in the RSI provide some hope for potential short-term recovery. Investors should remain cautious, balancing these mixed signals with a strategic approach to risk management.$ATOM #ATOM #COSMOS
