The Shiba Inu Team has announced a strong partnership. In partnership with Italy-based British fashion designer John Richmond, the Shiba Inu (SHIB) entered the fashion industry. The Shiba Inu, which will show itself in a new industry, is on its way to rapid growth. Shiba Inu has already started to separate itself from other platforms.
The new partnership with famous fashion designer John Richmond was announced on the Shiba Inu official twitter account. Paris Fashion Week is expected as the starting date of the partnership. Entering the fashion industry, the Shiba Inu (SHIB) may find other partners in the fashion industry.
The lead developer of Shiba Inu also wrote that a strong partnership has been formed that will change the fashion industry, but no clear statement has been made about the other partnership that will change the fashion industry. Shiba Inu (SHIB) has also made big deals in the food industry. It is seen that Shiba Inu (SHIB) aims to be in many sectors.
Shiba Inu has started to make serious investments in Metaverse and Metaverse is starting land sales. The recent developments in the Shiba Inu are quite positive and we think it will grow further. He recently announced and introduced “Shiberse” about Metaverse.
Right after Shiba Inu announced “Shiberse”, he said that he will sell virtual land in Metaverse before 1 month. Those who want to own virtual land should take advantage of this opportunity. Owning land on the Shiba Shiberse system is now easier.
Corporate brands have a great interest in Metaverse and their investments in Metaverse continue rapidly. The Shiba team saw this opportunity and developed their Metaverse technology and named it ‘Shiberse’. Metaverse, which started with huge investments in 2020, will grow more and more economically. For this reason, SHIB has announced the Shiba “LANDS”, which will be available for purchase and auction soon.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.
He had been working on and developing the MWEB Upgrade of Litecoin (LTC) for 2 years. The new update will significantly increase its interchangeability and scalability on the MWEB Litecoin network. We can say that it is the most important update released among Litecoin upgrades.
What is Litecoin’s (LTC) MWEB Upgrade and what’s new: “Mimblewimble is a privacy-focused decentralized protocol that uses a new way to structure and store blockchain transactions. The full anonymity of Mimblewimble transactions stands in contrast to the alias of other cryptocurrencies where three secrets are usually disclosed: the sender’s address, the amount of crypto sent, and the recipient’s. address. Mimblewimble does not reveal any of the three secrets or information. MWEB improves Litecoin’s exchangeability and privacy by allowing users to choose to keep their transaction amount confidential.”
Litecoin MWEB
Transmitters and purchases made on blockchains are generally publicly visible. In particular, companies do not want such payments to be seen. People who care about privacy may want their sending processes to be kept confidential. Litecoin MWEB upgrade pays attention to such privacy and raises the level of security by putting information about the sender, about the user.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.
Binance Labs has started to turn to several blockchains focusing on decentralized finance (DeFi), Web 3.0 coin projects, and cross-chain capabilities. News of Binanace investing in Web 3.0 coin projects, Web 3.0 coin project started to rise.
Binance venture capital (VC) Binance Labs has announced that it will contribute to the Oasis Foundation’s $200 million ecosystem development fund. This news means that he wants to support developing projects on Blockchain networks.
Binance Labs is joining other leading VC firms to support the Oasis Network (ROSE), an alternative smart contract platform considering a competitor to Ethereum. In addition to Binance Labs, other notable VC firms supporting the ecosystem development fund include Hashed, Jump Capital, Dragonfly Capital, and Draper Dragon. After the news was published, the altcoin price rose more than 25% on a daily basis.
ROSE price chart for the last 24 hours / Source: CoinMarketCap
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.
Binance CEO Changpeng Zhao wrote his predictions for altcoins in Fortune India. He said that the newcomer 2022 will be better than 2021 and he expects a huge increase in cryptocurrency adoption.
Binance CEO Changpeng Zhao said Cryptocurrencies have achieved a massive expansion in 2021. Cryptocurrencies such as Bitcoin, Ethereum, Dogecoin and Shiba Inu also rose significantly and attracted a lot of attention. And he said he believes the general adoption of cryptocurrencies is in full swing.
Decentralized finance (DeFi) and GameFi are currently only the tip of the iceberg, as major tech firms and corporate companies enter the crypto space. CZ also said that he is optimistic that global crypto usage will grow from 5% to 20% by 2022. DeFi had a big boom in 2021 and we will most likely witness GameFi and SocialFi seeing high interest and innovation in 2022, he said.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.
The MBOX (MOBOX) project, which has been operating an NFT-based gaming platform on the Binance network for a long time, has been the rising star of this week. MBOX (MOBOX) has now launched an NFT campaign.
What is MBOX (MOBOX) : NFT-based gaming platform on the Binance network. It entered the Bianance stock market in recent months. MBOX (MOBOX), which is also supported by Binance, normally offered services on its own domain, but this support was later integrated into the Binance application.
In addition, Binance has launched an Airdrop that will conclude next week and will distribute 5000 NFT characters to those who open a MBOX account. But due to the intensity, there is difficulty in accessing the MBOX campaign in the Binance application.
MBOX’s previous price was around $4. It started to rise with Binance support and campaign. It was 8$ as a province, then it increased to 15$. Currently, its price is around $10.2 The current market cap has grown to $1.2 billion, and 24-hour volume has also surpassed $3 billion.
Lil Floki (LILFLOKI) is a memecoin based on Elon Musk’s dog named Floki. Through the charity program, the project hopes to become more than just a memecoin. Tokens like Shiba Inu (SHIB) rose by over 100,000,000 last year, allowing at least 1 investor to raise $8,000 to over $5 billion. Many of these memecoins are owned by dogs and Tesla Inc. Its CEO is Elon Musk. One of them is Lil Floki (LILFLOKI).
What is Lil Floki (LILFLOKI)? Lil Floki is a project based on Binance Smart Chain (BSC) and aims to be a payment cryptocurrency with a store of value. However, memecoins cannot be considered a store of value as they are some of the highest risk investments you can make. The project has several features to try and maintain value, but the token price is commonly determined by hype.
Perhaps the most important way Lil Floki tries to preserve the value of his coin is through anti-whale procedures. This feature ensures that only 1% of the total LILFLOKI supply can be sold at a time. It also ensures that 1 wallet can hold no more than 2% of the total supply. This rule prevents a single user from having too much influence on the coin’s price.
Another way the team tries to maintain the coin’s value is through the burn mechanism. A portion of each transaction is sent to a wallet where tokens are burned or taken out of circulation. This action reduces the supply after each transaction. However, it only works if there is enough volume to make the burns effective, and the team has yet to reveal the details of the burn feature.
Each transaction incurs a massive 13% fee. Additionally, 2% is distributed back to holders in the form of Binance Coin (BNB); It is put into the liquidity pool of 4% to support the volume; and 7% are sent to “charitable” developers. This means that an investor who buys $1,000 of Lil Floki will actually only get $870 worth of tokens, and if the investor sells immediately, they will get about $750, resulting in a 25% loss if the token is the same value.
The charities supported by the project are related to dogs. In the past, she bought flea treatments and food for dogs in shelters. This unique feature allows the project to have a direct impact on the community. It can also incentivize transactions, as fees go towards a good cause. However, the developers only donated $200, and it’s possible for the developers to pocket some of those funds for themselves.
A Brief History of Lil Floki (LILFLOKI) The project was launched on September 25, 2021 by 2 New Zealand-based developers named Alice Morgan and Hisham Macpherson. The project was launched surrounding the idea of philanthropy and a shared love for dogs. The developers made sure they were very public to develop trust between themselves and investors.
Most of the first month of the project focused on marketing. This period included the creation of social media accounts and influencer endorsements. Going forward, he hopes to achieve larger goals such as gaining control and developing non-changeable tokens (NFTs).
Although the project has been on sale for just over a month, the price has already increased by over 500%. It’s just starting to get recognition. However, its market cap is under $10 million, so it’s still a very risky investment.
Open an online account. Now that you understand the basics of LILFLOKI, you may be interested in purchasing the token. Since it is a BSC token, you must first open an account on Binance. To open a Binance account, go to the website and create an account using an email and password. Next, you enter your personal information before depositing funds into your account.
Once your account is opened and verified, you can fund your account using an ACH or credit transfer. Then you can find and buy Binance Coin (BNB). However, you need a wallet to store BNB and exchange it for LILFLOKI.
Download Trust Wallet or Metamask. A cryptocurrency wallet is a place to store a separate crypto exchange. It allows the investor to be the sole owner of cryptocurrencies. The best wallets for BSC tokens are Trust Wallet and MetaMask.
To open a wallet in either program, you download the software and create an account. You will then be assigned a wallet address to which you will send your BNB. Remember, your wallet address will be set to Ethereum’s network by default. You will need to add BSC before sending your BNB to your wallet.
Convert your BNB tokens. Make sure you add BSC tokens in the wallet and send your BNB from Binance to your wallet. Once the BNB is in your wallet, you are ready to buy LILFLOKI on PancakeSwap.
Make your purchase. Navigate to PancakeSwap and connect your wallet in the upper right hand corner. Then find the LILFLOKI and BNB pair. The exact address for the token can be found on the project’s website. Once you have the pair, select the amount of LILFLOKI you would like to purchase and execute the trade.
You may have to increase your slippage to 13% or more to account for the hefty transaction fees that Lil Floki has embedded into the token. Your LILFLOKI will then be stored in your wallet.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility
News has begun to spread that Reddit co-founder Alexis Ohanian will be investing in some kind of decentralized social media creation using the Solana blockchain.
“One of the reasons I am here is to announce that we have set aside $50 million to invest in the next social media creation built on Solana,” Reddit co-founder Alexis Ohanian said during talks with Solana co-founder Raj Gokal. used his words. During the conversation, Ohanian added that $50 million is not enough and that his plans are to increase the fund to $100 million.
After Facebook’s metaverse announcement, social media giants started to make big investments in Defi and Metaverse. It seems like the Metaverse will enter our lives very quickly.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility
Bitcoin rose to an all-time high on Monday. While experiencing positive news and inflation fears, Ethereum hit a new record. Bitcoin surged as high as $66,538 while approaching the old record level of $67,016.50.
Ethereum is up 58% since the beginning of October. Also, due to developments in the USA, bitcoin increased by about 51%. “Financial institutions want to be a part of it, regulators don’t want to push it too hard,” said Kyle Rodda, analyst at broker IG Markets. “We’re almost past the inflection point where it’s part of the system and it’s going to be very, very difficult to recover.”
In addition, Australia’s largest bank announced that it will offer crypto trading to its retail customers. There were positive developments regarding Bitcoin in other countries as well. A week ago, Eric Adams, Mayor of New York, said he would receive his first three paychecks in bitcoin. In the USA, the mayor of Miami made a similar statement.
Countries and many municipalities around the world are planning to make their cities “centres of the cryptocurrency industry”. We see that crypto technology is growing very rapidly.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility
The SEC has yet to give an approval for the Ethereum ETF. Bitcoin ETF are viewed positively, but no clear statement has yet been made. But ETF is not falling off the crypto agenda. Grayscale, on the other hand, thinks that a Bitcoin-based ETF will be more effective.
Bloomberg Intelligence, on the other hand, recently published a report investigating why a spot bitcoin ETF is less likely than an Ethereum ETF. The report laid out the reasons why they believe Ethereum ETFs are much closer to us than Spot Bitcoin Funds. Considering that the language in Bitcoin and Ethereum ETFs is almost the same, Ethereum ETFs are more likely to be released soon.
Bloomberg analysts have said that an Ethereum ETF will be approved as early as the first quarter of 2022, before the market sees a spot bitcoin ETF. The SEC’s slow movement delays EFT and many plans a lot.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.
