Cardano’s ADA token kicked off trading early Tuesday morning by outpacing both Bitcoin and Ethereum, gaining 13% and rising up to hit a valuation of $2.30. Both Bitcoin and Ethereum are in a new price discovery phase and have been hovering around their respective all-time highs. Cardano’s recent movements have lit a new fire for altcoin enthusiasts who hope that ADA will join in on the current crypto bull run.
Hot on the heels of recent announcements from tech giants Facebook and Microsoft, the Metaverse has become the next big thing in both crypto and tech communities. While the venture into the virtual realm may be big and bold news for some of the largest corporations in the world, several cryptocurrencies have been built around virtual worlds from the ground up. One seeing recent gains due to all the talk surrounding the Metaverse is The Sandbox, a blockchain gaming developer that allows users to play, create, own, and govern their own gaming experience through owning virtual lands.
Squid Game was a cultural and social phenomenon that swept across the world causing masses to binge the Netflix offering and inspiring a Squid Game Token that ended as poorly as Red Light, Green Light. As more details come to light regarding the Token associated with the killer game show, it’s a promising development to see Binance step up to the plate and take action against those responsible for the deception.
Three Cryptocurrencies That Saw Explosions In Pricing During 2021
Bitcoin has already been crowned digital gold, but another token already outpaces it in terms of daily use, Ethereum. Introduced in 2015, Ethereum has since become the world’s second largest cryptocurrency with a market cap approaching $500 billion and just hit a fresh all-time high when it recently broke past $4,400.
Ethereum Flashing Bullish Signals, Could Challenge All-Time Highs And Break Past $6,000
Like any new frontier, the pioneers of decentralized finance have blazed a new trail through the world of traditional finance, sometimes leaving bodies in their wake. There have been some enormously successful endeavors, others that never even left the ground, and others yet that have fallen somewhere in-between. Re-writing what has long been viewed as the norm is difficult and challenging work. Luckily, there are companies like Apricot Finance leading the way in this new generation of accessible and much needed financial services.
Over the past 24 months, cryptocurrencies and anything blockchain related have been all the rage. If you happened to have some free cash burning a hole in your pocket, maybe you’d be tempted to jump into one of the latest hyped coins or better yet, grab a few NFTs. You’d not only be supporting a unique and individual token but you’d be buying a piece of digital history as the world starts to accept the legitimized worth of digital currencies. While there is a massive draw to the space, there is also ample room for manipulation of the global interest in NFTs.
When the Market Place 2.0 releases, users will be able to integrate their user profiles for even more transparency but to take that to an entirely different level, the STARL team is also adding in use of The Graph, an Ethereum based indexing protocol, for all SATE contracts. SATE’S are non-fungible, transferrable digital assets representing satellites and any other virtual estates of the STARL Metaverse. By implementing The Graph into all SATE contracts, it allows for a greater collection of data related to each individual SATE including properties, bid history, pricing history, auction details, trades, and more all in one easy to view page. With the addition of The Graph, the STARL team is taking further steps towards complete transparency while allowing users the ability to bring up the complete history and all related information for any SATE contract with a few keystrokes.
Earlier this week, Electroneum (ETN) announced a long-awaited update to their blockchain that, among other things, introduces core network changes that fundamentally shift the maturing cryptocurrency’s roadmap towards a future of increased transparency as it seeks to scale in the face of growing regulatory concerns in the crypto industry.