Sequel to the price correction that followed the bloodbath that plagued the cryptocurrency market in April, winners, and losers alike count their gains and losses over the past seven days as May came to an end. Interestingly, in the last seven days, WAVES, the native token of the Waves Chain, was amongst the top gainersContinue reading “WAVES: 100% spike in seven days but should you really go long”

Following the forking of the Terra chain and the subsequent launch of Terra’s Luna 2.0, the token has since suffered extreme volatility. For example, following the listing on cryptocurrency exchange Binance, the price per LUNA token grew by 39.41% last Tuesday. This was however soon followed by a severe decline that plunged the token belowContinue reading “Even a week after launch of LUNA, it appears Do Kwon’s problems are far from over”

During the BNB Chain Revelation Summit on 31 May, BNB Chain announced the launch of a technical roadmap. According to the team, the roadmap has been developed with the purpose of enhancing the network’s decentralized structure, infrastructural capacity for side-chains, and potential for developer-built decentralized applications (dApps). The team also claimed that with this technicalContinue reading “What you should know about the highs and lows of BNB and its chain”

A wise man once said, “Before you save the world, make sure your own house is in order.” Following a chat with CNBC at this year’s World Economic Forum (WEF) Annual Meeting, Mihailo Bjelic, the co-founder of Polygon, tweeted that every entity from banks, enterprises, media companies, and non-governmental organizations is aware of Polygon andContinue reading “Polygon [MATIC]: Assessing how ‘interested’ investors really are”

“It is a coin eat coin world out there.” Recent data from CoinMarketCap revealed that over the last 24 hours, with a market capitalization of $11,369,136,359, Dogecoin regained its position as the 10th largest cryptocurrency. In doing so, DOGE replaced Polkadot on the rankings charts.  Do DOGE comrades have cause to celebrate just yet though?Continue reading “Back in the top 10, should DOGE holders still hold their horses”

Following the tragedy that trailed TerraLUNA and its eventual collapse, regulators worldwide have become skeptical of cryptocurrency projects and a clampdown is underway in some regions. On 26 May, STEPN, a move-to-earn blockchain project, via a series of tweets announced that in order for its activities to comply with regulatory policies in China, users inContinue reading “GMT ‘runners’ look dismayed; will STEPN lose the race to the bottom”

Decentraland, a virtual playground that resides on the Ethereum Blockchain allows its users to create, experience, and monetize their content and applications. Users are also allowed to own parcels of land on which they can build their own marketplaces and put to other forms of allowed usages. Decentraland’s currency, MANA, has suffered a severe priceContinue reading “Decentraland [MANA]: 24-hours performance will make you go gaga”

Following the severe price decimation that plagued the Shiba Inu token this month, members of the Shiba Inu ecosystem saw some excitement as the anonymous founder of Shiba Inu, Ryoshi made a cryptic reappearance after a year of silence. While such reappearances would be to explain the disappearance and his sudden emergence, Ryoshi adopted aContinue reading “Shiba Inu’s [SHIB] ‘Ryoshi’ factor could mean that investors are…”

With the promise of providing users with a simple way to manage their NFTs and cryptocurrency portfolios, Enjin claims to be building a product ecosystem directed at assisting humanity to create advanced virtual economies by leveraging the power of blockchain technology. Founded in 2009, the company currently has a total of 12.4 million worth ofContinue reading “Enjin [ENJ]: Ailing market condition but investors should know that the price…”

Are you familiar with Decentralized Finance (DeFi)? If so, are you a Liquidity Provider? If your answer is yes, then you should know that Aave, the ghost protocol that allows you to borrow and lend cryptocurrencies, supply liquidity, and stake liquidity in the form of cryptocurrencies rolled out its V3 on 16 March. According toContinue reading “Assessing AAVE’s performance after protocol launched its V3”

There is no gainsaying in denying the fact that this has not been a really good year for Decentralised Finance protocols (DeFi). Rug pulls, scams, hacks, exploits and failures of some of these protocols have made investors and regulators alike increasingly sceptical about DeFi as the future of finance. So far this year, over $1.6Continue reading “Tron’s [TRX] possible price recovery and how its closing in on BSC in terms of TVL”

It is no longer news that investors in Terra’s LUNA have been counting their losses since the collapse of the token following the depegging of the UST Stablecoin. Speaking on its own woes, the founder of Avalanche Foundation and the CEO of Ava Labs, Emin Gun Sirer in a recent interview with Forbes stated thatContinue reading “Ties with LUNA plunged AVAX into a $60m loss- Decoding the mystery”