The Chainlink network has enabled more than $6.6 trillion in transaction value this year, Nazarov said. Staking is setting the foundation for what the company calls Economics 2.0, its vision for the protocol to scale and become more efficient by providing the right incentives, Nazarov said, something which is necessary as the network continues to expand. Source link
Place/Date: – December 6th, 2022 at 12:46 pm UTC · 4 min read Source: Big Eyes Coin Growth is a currency in the cryptocurrency market as investors are looking to put their money where there’s a guarantee that it will appreciate. Big Eyes Coin(BIG) has been impressive for some months, having raised over $11 million on presale. It would take top projects to raise that amount of money in today’s market, considering the bear rally continues to drive the market down. Big Eyes has made a statement in the crypto…
Place/Date: – December 6th, 2022 at 12:33 pm UTC · 2 min read Source: Dogeliens Photo: Dogeliens Cosmos (ATOM) is a decentralized network of blockchains that continues to persist, and Theta network is famous among different streaming platforms. But the Dogeliens Token (DOGET) has way more services to offer. It is a potentially a very high-yielding cryptocurrency. Cosmos (ATOM) – Reducing Fragmentation in Blockchain Networking Cosmos (ATOM) is a project that provides an ecosystem of connecting blockchains. It aims to provide a cost-efficient, advanced, and environment-friendly working protocol against its…
Place/Date: – December 6th, 2022 at 12:26 pm UTC · 3 min read Source: Snowfall Protocol Photo: Snowfall Protocol In the crypto space, investors always prioritise distinguishing hype from projects with massive utilities that will be profitable in the long term. The following three projects have sparked interest in the crypto community. Huobi Token has gained attention recently after the coin has risen over 20% since last week; similarly, Mask Network (MASK) has shown massive support by rising over 50% in the past seven days. The biggest excitement is on…
Place/Date: – December 5th, 2022 at 2:19 pm UTC · 4 min read Source: Runfy Token Helium (HNT) and Avalanche (AVAX) are two of the most successful cryptocurrencies in the world. These currencies have been severely impacted by the massive crypto market crash, and crypto holders are looking for other opportunities despite having made investors tens of millions in profit. Investors should pay attention since industry experts believe Runfy Token (RNF) is a great investment idea that could top the charts in 2023. Helium (HNT) – The One of a…
AXS, the native token of Axie Infinity, has seen its price jump in recent hours. The project is a blockchain-based game metaverse in which players collect and breed digital pets called Axies that they can be used in a turn-based card game. At one point, AXS rose to $8.82 after trading as low as $6.41 yesterday and has seen a 28% rally in recent hours. At press time, AXS was at $8.14, still recording a price pump of about 20% over the last 24 hours. Over the last seven days,…
The figures eclipsed the previous high, 200,000 in August, nearly a month after the collectibles went live. Over 98,000 avatars from “The Singularity” collection were produced, the most on that day, followed by 58,000 avatars from “Aww Friends.” The rapid minting followed a spike of interest in the collection last Thursday that gradually tapered off over the following days. Source
Huobi Token (HT), a cryptocurrency trading exchange asset with an overall valuation of $868 million, recorded a significant uptick in its price after an announcement made by Justin Sun, the founder of the Tron blokchain. According to data from Coingecko, on November 29, the asset went up by 13% and peaked at $7.22 before entering a correction phase that made it return to the $6 territory. At the time of this writing, tracking from the online crypto information provider indicates the token is changing hands at $6.63, declining by 2.9%…
According to a new proposal dated Dec. 1, directed acrylic graph network Fantom seeks to implement an affiliate program for its decentralized application, or dApp, developers with network gas fees. To fund this venture, the Fantom community has proposed slashing the protocol’s current FTM token burn rate from 20% to 5%. In supporting the proposal, Fantom developers wrote: “We take what works in web2 and restructure it to fit the network’s priorities, which means taking the ad monetisation model and extending it to gas monetisation for performing dApps that manage…
The price of GMX rallied to its second-highest level in history on Dec. 1 as traders assessed the decentralized exchange’s ability to evolve as a serious competitor to its top rival Uniswap (UNI). GMX established an intraday high of $54.50 in a recovery that started on Nov. 29 from $40.50. Its rally’s beginning coincided with crypto research firm Delphi Digital’s tweet on the GMX decentralized exchange, as shown below. GMX/USD four-hour price chart. Source: TradingView GMX beats Uniswap in fees for the first time Notably, GMX had earned about $1.15…