368 days ago • cryptodaily
Conflux (CFX) Price Prediction: Is Uwerx (WERX) A Better Crypto Investment Than The Them?
Crypto enthusiasts usually go for cryptocurrencies that have been around for a while because of these coins' proven success in the market. But the story is different with the new project Uwerx, which has traders buying in bulk even though it has yet to launch.
Uwerx is having a successful presale, to the amazement of its developers and the benefit of early investors. Having smashed through its first four stages in less than two months, analysts believe Uwerx will make a better investment than Open Campus (EDU) and Conflux (CFX).
Open Campus (EDU) Sees An Downward Trend
Open Campus (EDU) has reached a wider audience since it partnered with Animoca Brands to launch the Web3 Global Educators Fund. This has translated to an increase in the number of members joining the Open Campus (EDU) community.
Additionally, the project's Publisher NFTs have become a favorite among educators and content creators as it gives them the means to earn revenue for their work.
Despite the increase in Open Campus (EDU) adoption, the project has not risen in price in the last seven days. Open Campus trades at $1.00, representing a -13.84% decrease in the last seven days. Analysts predict it to trade at $2.07 by the first quarter of 2024
Conflux (CFX) Rises In The Last 24hrs
The past 24hrs have been good to Conflux (CFX). The project trades at $0.24, representing a 9.37% increase within 24 hours. Although this current price represents a -23.55% decrease in the last seven days, Conflux (CFX) holders believe this could be the start of the project's bull run.
Conflux (CFX) announced on June 2 via Twitter that it has partnered with Code4arena. This collaboration will provide enhanced security for both ecosystems.
Following the partnership, the Conflux (CFX) team announced on June 6 that they were aware of the recent cross-chain irregularity in their ecosystem. They assured users they had taken preventive action by removing Multichain's co-mint rights. This will ensure the security of user assets. The project also stated that they had not detected any loss, and the ecosystem was functioning as usual.
With more partnerships and improvements, analysts believe the CFX token could increase to $0.31 by the end of this year.
Join The Future Of Decentralized Freelancing With Uwerx (WERX)
According to a 2022 statistic from Velocity Global, at least 36% of the American workforce freelances. This suggests a need to bring new ideas and innovations to the freelance industry. Uwerx is entering the cryptocurrency market as a much-needed innovation that will revolutionalize the gig economy. It will offer unique benefits to freelancers, such as a minimal 1% transaction fee, fast payments, intellectual property rights protection, and more.
Still on presale, Uwerx is already making significant strides and attracting investors' attention. Uwerx is currently valued at $0.05245 in its ongoing fifth presale stage. However, analysts see the project growing exponentially in the coming months. They predict the WERX token to rise above $2.6 by Q4 2024.
Uwerx takes the security of investors' funds seriously. The project has received audits from InterFi Network and SolidProof, ensuring top-tier protection. It also implemented a 25-year lock on developers' liquidity tokens on June 7, 2023.
Additionally, Uwerx released the Alpha version of its platform on May 19, 2023. This version features a Landing page, Sign-up page, Login page, Forgot Password, Hiring Dashboard, Freelancer/Client Initiation, The Initial Step of Job Creation and Initial Step of Finding Talent, My Activity, and Job Creation process pages.
All these features will lead to the rollout of the platform's Beta version, enabling users to test and experience the platform. User feedback is expected and can be sent to the email: [email protected].
The Uwerx Vault is another fantastic feature of Uwerx. Launched in April 2023, this feature allows users to store their WERX tokens for various lengths of time. Users will also earn rewards for using the Vault.
Uwerx's presale will end on July 31, 2023, so investors are advised to take advantage of the current low price to join the community before Uwerx launches into the coin market.
The Uwerx team pays attention to the community's needs and makes adjustments to solve those needs. The developers recently asked the community to vote on a test airdrop. 98.2% of respondents voted in favor of the test airdrop, which the team believes will enable users to verify their receiving wallet addresses. They will also relinquish smart contract ownership of the project, which will take effect once it lists on centralized exchanges.
These moves have increased investors' confidence in the project and have made them believe that Uwerx could be a prominent project in the coin market by the end of this year.
So what are you waiting for? Join this exciting presale and enjoy a 15% purchase bonus through the links below:
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
372 days ago • cryptodaily
Conflux And World Mobile Join Forces To Expand Blockchain-based Mobile Access
Toronto, Canada, July 20th, 2023, ChainwireConflux Network, the first regulatory-compliant public blockchain in China, has today announced a new collaboration with World Mobile, the only global mobile network built on the blockchain.The partnership comes on the heels of the successful launch of the Conflux BSIM card earlier this year and will see the two companies work together initially in four areas:1) Public BridgingWorld Mobile Token (WMT) will bridge from Cardano blockchain into the Conflux blockchain ecosystem and will be the first bridge outside the Cardano ecosystem for the mobile network’s native token.2) Tech IntegrationWorld Mobile and Conflux will collaborate on the technical integration of the Conflux network into World Mobile's sidechain, AyA,bringing EarthNode capabilities and financial settlement to the Conflux network.3) Asian and African Market ExpansionConflux and World Mobile enjoy a strong presence in the Asian and African markets, respectively. The two businesses will work together to leverage these strengths to increase connectivity, drive user acquisition and further market penetration in key markets. Conflux’s CFX now ranks top 3 in most popular crypto currencies in Nigeria.This is especially relevant as Nigeria holds nearly 67% of crypto interest in Africa. World Mobile has recently concluded successful field tests of its hybrid dynamic network in Nigeria, following a successful commercial launch in Zanzibar earlier this year.4) Blockchain-based SIM card developmentWorld Mobile and Conflux will collaborate on how the mobile network can best utilize Conflux’s blockchain-based SIM card to increase access to digital connectivity across the world.YuanJie Zhang, Co-Founder of Conflux, said of the partnership: “Conflux Network takes its mission to push the frontier of Web3 adoption at a low cost, with fast speed and decentralized security very seriously. One important strategy is to promote collaboration with telecommunication service providers all over the world. World Mobile is the next significant partner Conflux brings on board after China Telecom. Together, affordable and applicable blockchain technology is bridged beyond Asia to the rest of the world.”Zachary Vann, Head of Token, World Mobile Token added: “We are excited to work with Conflux to build a more connected and inclusive future. This partnership will accelerate our market expansion in Asia and to provide connectivity globally. The Conflux network has a unique, regulatory-compliant blockchain, and the world's first blockchain-based sim cards bring many opportunities to our mobile network and our AyA chain. This is our most significant partnership to expand our network and sharing economy into the Asian markets and beyond.”About ConfluxConflux Network is a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols. Recently migrated to hybrid PoW/PoS consensus, Conflux provides a fast, secure, and scalable blockchain environment with zero congestion, low fees, and improved network security.As the only regulatory-compliant public blockchain in China, Conflux provides a unique advantage for projects building and expanding into Asia. Conflux has collaborated with global brands and government entities in the region on blockchain and metaverse initiatives, including the city of Shanghai, McDonald’s China, and Oreo.Learn more: https://confluxnetwork.org/About World MobileWorld Mobile was founded with a far-reaching goal: to connect everyone, everywhere while advocating for economic freedom and dignity. Unlike traditional mobile networks, World Mobile is based on blockchain and incentivizes people to be part of a sharing economy that taps into the trillion dollar global telecom market. Individuals and business owners around the world can operate nodes on its network and bring their community online while earning revenue.Learn more: https://worldmobile.io/ContactMelissa TireyShift6 [email protected]
373 days ago • cryptodaily
Crypto Market Analysis for H1 According to CoinMarketCap
CoinMarketCap has released a report on the global crypto market after H1. The report delves into a general market overview, recent key events, and what it expects H2’s key themes will be.
Today, CoinMarketCap, the world’s leading price-tracking website for crypto assets, released its 2023 H1 Crypto Market Analysis Report.
Crypto Market Kicks 2023 Off Strong
The crypto market started this year with a bang witnessing the bitcoin price doubling, the rise of L2s such as Arbitrum and ZK, and the NFT market showing signs of improvement. By the end of Q2, the global crypto market capitalization reached an impressive $1.17 trillion, marking a 48% YTD increase. Q1 and Q2, however, concluded with similar total market caps, meaning Q2 showed much less growth.
Q2 was instead characterized by trends such as the “memecoin” frenzy and the rise of BRC20 tokens, which, despite being noteworthy, did not garner the same excitement as the previous quarter’s developments.
Market sentiment improved significantly by the end of Q1, with the CMC Crypto Fear and Greed Index registering at a neutral 52 – a vast improvement over the start of the year, which registered a fearful 30.
According to CMC’s report, the Total Spot Trade Volume of the Top 20 Crypto Exchanges peaked in March but declined by around 36% quarter-on-quarter.
Top Growing Sectors
Despite what can only be called challenging market conditions, certain industry sectors witnessed remarkable growth in market cap year-to-date. VR/AR (704%0 and AI & Big Data (323%) exceeded expectations, while blue-chip decentralized finance (DeFi) projects appear to be making a strong comeback.
The “memecoin” frenzy saw the sector add over 260 new coins YTD, with AI & Big Data taking second place, adding 61 coins. DeFi ranked third, adding 47 new listings YTD.
Bitcoin and Ethereum Developments
The market’s top tokens, Bitcoin (BTC) and Ethereum (ETH) experienced several events, resulting in noteworthy price fluctuations.
CMC’s Top Views
CoinMarketCap saw a surge in views from the memecoin sector as $PEPE took the industry by storm. PEPE’s explosive rally of over 3700x from April to May sparked particular interest in the sector, and it joined CMC’s “Most Added to Watchlist.” Memes also registered the most engagement in CMC Community.
The DeFi sector registered sustained interest throughout the year’s first half to become the second most viewed. Sector interest largely focused on Terra Classic (LUNC) as Binance burned 2.65 billion LUNC tokens, worth approximately $236,000.
AI and Big Data have undoubtedly marked 2023 following the launch of OpenAI’s revolutionary ChatGPT, and it is reflected in views.
Best Performing Coins
Arbitrum ecosystem tokens such as Pendle (PENDLE) and Radiant Capital (RDNT) appeared to be H1’s top gainers, along with Optimist ecosystem tokens such as Velodrome Finance (VELO).
Other top gainers include layer-one blockchains, including Dione Protocol (DIONE), Conflux (CFX), and Injective (INJ). AI-related tokens such as SingularityNET (AGIX) and Render (RNDR) also performed well.
Key Themes for H2
CoinMarketCap identified the key themes for the second half of 2023.
Bitcoin ETFs
The crypto news cycle has recently been dominated by talks of Bitcoin ETFs after BlackRock, the world’s largest asset manager, filed for a Bitcoin spot ETF with the SEC. News of BlackRock’s application spurred a host of other firms, such as Valkyrie, Fidelity and 21 Shares, to announce they are also seeking ETF approval.
The SEC has yet to approve any of the applications. Should the regulator grant these ETFs, they could unlock substantial investor demand by offering regulated products for asset allocation.
Decentralized Public Infrastructure Networks
One of H2’s key themes will be Decentralized Physical Infrastructure (DePIN). DePIN is still in its early stages of expansion and aims to provide solutions for access sharing of physical assets or services like warehousing and data networks.
Real World Assets (RWAs)
The tokenization of assets has become an increasing focus for the crypto asset industry. Projects focused on making RWAs tradeable on-chain largely consist of credit market protocols such as Maple Finance and Goldfinch allow businesses to use DeFi to secure financing and loans.
Liquid Staking Derivative (LSDs)
Liquid Staking Derivative witnessed a dramatic surge in activity in H1 owing largely to Ethereum’s Shapella upgrade. Market leaders such as Lido and Rocket Pool saw their TVLs rise 138% and 220%, respectively.
By the end of June, LSD platforms secured over a third of Ethereum’s Total Value Staked.
Restaking
The introduction of EigenLayer – a middleware platform which allows staked ETH or liquid staked ETH tokens to be reused on the consensus layer, prompted restaking as an emerging theme in H1.
Restaking was in demand after EigenLayer’s Restaking Smart Contracts were deployed and reached their maximum limits within a day of the mainnet launch.
zkSync
zkSync, a zero-knowledge roll-up solution, emerged as a popular Ethereum-based layer-2 solution and strong competitor against Ethereum optimistic roll-ups, including Optimism and Arbitrum.
zkSync utilizes zero-knowledge technology to offload traffic from Ethereum to an efficient second layer, helping to increase Ethereum’s throughput while enabling an array of new applications.
Modular Blockchains (Celestia)
Most layer-1 blockchains are monolithic chains that result in issues surrounding efficiency, stemming from the blockchain trilemma of decentralization, security and scalability.
Modular blockchains like Celestia address these issues by separating blockchains into three layers: execution, settlement, consensus and data availability. In doing so, modular blockchains provide developers with modular data availability and consensus layers which dApps and sidechains can leverage to bootstrap development.
FTX Bankruptcy Developments
After FTX collapsed, its depositors could not determine how much of the almost $9 billion shortfall could be collected during the liquidation process.
In January, it emerged that more than $5 billion in liquid assets were collected, and this number subsequently increased to $7 billion. The firm overseeing FTX’s restructuring recently contacted creditors, giving them a “Customer Bar Date” of September 29, 2023.
Debtors are, however, unlikely to receive a payout until at least H2 2024.
Bitcoin Remains Most-Viewed Crypto Across All Regions
Regional differences in interest in various crypto sectors were insignificant. Bitcoin continues as the most-viewed crypto across all regions in H1 2023, similar to data from Q4 2022. Bitcoin’s dominance over altcoins increased by 25% from 40.09% at the beginning of the year to 50.39% at the end of H1.
As expected, the US continues to dominate the distribution of crypto users worldwide.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
410 days ago • cryptodaily
Crypto Veteran Howard Yuan Joins LBank Labs as Venture Partner
Road Town, British Virgin Islands, June 12th, 2023, ChainwireLBank Labs, the leading venture fund of global crypto exchange LBank, is thrilled to announce the addition of Howard Yuan to its team. Yuan brings a wealth of experience and expertise in the crypto industry, making him a valuable asset to the organization.With a background as a crypto OG and extensive experience as a venture capitalist, Yuan has played a pivotal role in the success of numerous projects throughout his career. Prior to joining LBank Labs, Yuan served as the managing partner for Fundamental Labs, and also held significant management positions at prestigious companies such as IBM and E&Y. Yuan’s long-term optimistic outlook on the crypto industry has consistently guided his decision-making and investments.During his tenure at Fundamental Labs, Howard Yuan made strategic investments in prominent projects such as Coinbase (Coin), Binance (BNB), Polkadot (DOT), Avalanche (AVAX), Conflux (CFX), Stacks (STX), Certik (CTK), NEAR, Mask, and RSS3.In Yuan's new role as Venture Partner at LBank Labs, Yuan will leverage his extensive experience and expertise to propel the fund to new heights. Yuan aims to position LBank Labs as the leading global VC fund for blockchain and decentralized finance, facilitating the growth of innovative startups and contributing to the development of a prosperous Web3 future.While acknowledging the inherent volatility of crypto markets, Yuan is confident in the underlying order and innovation within the industry. “I will work closely with the LBank Labs team to identify and support the most talented entrepreneurs, overcoming challenges and building a thriving ecosystem,” Yuan said. When asked about the most remarkable trends he has witnessed in the industry, he highlighted the exciting mass adoption, maturing infrastructure, and emergence of new protocols. “Despite the current bearish sentiment in the crypto market, I believe that this is an opportune time to help early-stage Web3 startups navigate the bear cycle and achieve success,” he explained.LBank Labs is delighted to welcome Howard Yuan to the team and is excited to harness his insights and knowledge. With Yuan's addition, LBank Labs reinforces its global commitment to nurturing and empowering the next generation of blockchain and cryptocurrency startups.About LBankLBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge platform that ensures the integrity of users’ funds and aims to contribute to the global adoption of cryptocurrency.Start Trading Now:lbank.comCommunity & Social Media:TelegramlTwitterlFacebooklLinkedInlInstagramlYouTubeContactGlobal PR DirectorJeremy Van der [email protected]
426 days ago • cryptodaily
Sparklo (SPRK) Brings New Innovation To Crypto Network As Neo (NEO) And Conflux (CFX) Witnesses Price Changes
Amid the evolving cryptocurrency landscape, Sparklo stands out as a promising market entrant with its innovative concept and strong use case. Unlike Neo(NEO) and Conflux (CFX)), which have faced recent challenges, Sparklo is gaining recognition as an exciting contender ready to make significant strides in the dynamic cryptocurrency market.
Sparklo (SPRK): Revolutionizing blockchain investments through premium metals
Sparklo sets itself apart as an innovative investment platform on a mission to reshape the way traders interact with esteemed metals like gold, silver and platinum. Opening up exciting investment opportunities. By utilizing advanced blockchain technology, Sparklo creates a user-friendly and efficient trading environment specifically designed for precious metals.
With an incredibly low presale price of just $0.026, Sparklo presents a promising investment opportunity. Investors can engage in fractionalized NFT trading, where each token is intrinsically backed by valuable metals.
Investors are drawn to Sparklo's transparent network as its smart contract undergoes audits conducted by InterFi. With projected growth potential estimated to be a remarkable 4,000 times, Sparklo has the potential to become one of the top 100 cryptocurrencies. This prospect magnetizes both crypto enthusiasts and investors, generating significant interest in the platform.
>>>> BUY TOKENS <<<
Conflux (CFX) recent partnerships push its price up slightly
New strategic alliances with TaskOn and Port3 Network have increased Conflux's (CFX) network's potential. Furthermore, Conflux (CFX) is enhancing its DeFi functionality through upcoming projects such as vSwap, Rime Finance, Mold Finance and Flux Fire.
These developments have garnered positive feedback from the Conflux community and have had a favorable impact on the Conflux (CFX) price. Currently trading at $0.29, the token has experienced a 1.91% increase in the last 24 hours, accompanied by a 22.31% rise in trading volume since yesterday. Conflux (CFX) is currently at a support level of $0.25; if it breaks this level, it could result in a price decline to $0.14.
Neo (NEO) price pushed up as the network recently announced its support for AI
Neo (NEO) price experienced an upward drift on Monday, rising to $9.72, surpassing the weekend low of $8.67. The reason behind this increase in a low-volume environment remains unclear. However, Neo's (NEO) involvement in the rapidly growing field of artificial intelligence (AI) may have contributed to the price rise. Neo (NEO) recently announced the winners of its NeoChat ChatGPT launch competition, highlighting its investments in AI.
According to CoinMarketCap, Neo (NEO) trading volume in the past 24 hours exceeded $87 million, slightly above the 7-day moving average. Despite this jump, Neo (NEO) price remains significantly lower than its year-to-date high of $15.68. Holders of Neo (NEO) are now recognizing the promising opportunities Sparklo presents.
Find out about the Sparklo presale using the links below
Buy Presale: https://invest.sparklo.finance
Website: https://sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
442 days ago • cryptodaily
Crypto Twitter Can’t Get Enough of These 4 Cryptos – Scoop them Now Before they Moon
Globally, the crypto market constantly changes, and it doesn't come as a surprise. This is why investors are on the lookout for other ways to safeguard their investments and the potential cryptos to add to their growing portfolios.
As the crypto market matures, savvy investors are watching four cryptos with high potential for growth and massive returns. This article examines these cryptos and why having them in your portfolio is a great idea.
Scoop These Four Cryptos Before They Moon
1. Conflux (CFX): The Blockchain Protocol That Empowers Decentralized Applications
2. Cosmos Hub (ATOM): The Interconnected Blockchain Ecosystem Changing the Game
3. Lido DAO (LDO): The Liquid Staking Solution with a Promising Future
4. Uwerx (WERX): The Game-Changer for Freelancers Seeking a Reliable and Cost-Effective Platform
Cosmos Hub (ATOM): The Interconnected Blockchain Ecosystem Changing the Game
Cosmos Hub (ATOM) is an ecosystem of independent blockchains that are interconnected and built using multiple application components. This one-of-a-kind approach has developed the Interchain-Blockchain Communication protocol, which allows communication between these blockchains.
The Lambda upgrade and Replicated security live on the Cosmos Hub (ATOM) network have improved the chances of this crypto having a positive run. We predict that Cosmos Hub (ATOM)'s value will range between $14.83 and $22.24 by the end of Q4 2023.
Lido DAO (LDO): The Liquid Staking Solution with a Promising Future
Lido DAO (LDO) was designed to revolutionize staking by providing more use cases without compromising passive income. With Lido DAO (LDO), users can stake their funds and still have them remain liquid.
The introduction of Lido DAO (LDO)'s largest update Lido V2 and the much anticipatedEthereum Shanghai upgrade has caused a surge in Lido Dao (LDO)'s investors. Our current Lido DAO (LDO) Token price prediction suggests that the token's value is set to increase by 7.20% and reach $2.35 by Q2 2023.
Conflux (CFX): The Blockchain Protocol That Empowers Decentralized Applications
When you think about blockchain protocols that can help decentralized applications become faster and more efficient, Conflux (CFX) comes to mind. Currently, Conflux (CFX) is priced at $ 0.270403.
XCMG's partnership with Conflux (CFX) and Zen Spark Technology is setting new standards in the Web3 and blockchain market. As a result, our current prediction for Conflux (CFX)'s price suggests that its value may experience a dip of -18.09% and settle at $0.280531 by Q2 2023. But it'll eventually rise in the long run reaching $0.53045.
Uwerx (WERX): The Game-Changer for Freelancers Seeking a Reliable and Cost-Effective Platform
Uwerx will be a game-changer in crypto investments and the gig economy. Its innovative security measures are designed to protect investors from the risks of fraud, scams, and rug pulls. One of the unique features of Uwerx is that the project’s team will renounce contract ownership after taxes are reduced to zero, instilling confidence in investors and providing them with a secure platform to invest their funds.
Uwerx will be committed to providing transparency and security, making it an ideal platform for freelancers seeking a reliable and cost-effective way to conduct their business. Compared to traditional freelance platforms that charge high service fees of up to 20%, Uwerx will only charge a fraction of that, at just 1%.
The Uwerx project has already received validation from reputable auditing firms, InterFiNetwork and Solidproof, further affirming its potential. The ongoing WERX token presale is another indicator of the project's bright future, with an initial price of $0.005 encouraging investors to purchase the coins before prices rise.
Uwerx plans a 25-year liquidity lock to ensure long-term stability after the presale ends. This measure will provide a steady price for the WERX token, making it an attractive investment for new and experienced investors.
Looking to the future, Uwerx is poised for significant growth. We predict that the WERX tokens will rise. By Q3-Q4 2023, the WERX token will be valued at $1.09 and $2.56 by Q1-Q2 2024.
>>
Final Verdict
Uwerx stands out as a promising investment option among other cryptocurrencies like Cosmos Hub (ATOM), Conflux (CFX), and Lido DAO (LDO). With its focus on security and long-term stability, Uwerx will offer investors a unique opportunity to reap substantial returns. The WERX token's stability and soon-to-be renounced contract ownership make it a standout option in the market. Especially with the 20% presale bonus currently ongoing.
Find Out More About Uwerx:
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network/
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
445 days ago • cryptodaily
Toncoin (TON), Conflux (CFX), and Tradecurve (TCRV) Are Set to Reward Investors Massively in 2023.
Investors seeking massive returns in 2023 should consider Toncoin (TON), Conflux (CFX), and Tradecurve (TCRV). Specifically, Tradecurve (TCRV), a new hybrid exchange token, is set to reward investors with 50x gains.
Summary
● Toncoin gains the backing of popular hardware wallet SafePal
● Conflux scales up with Zk technologies
● Tradecurve introduces a challenger trading platform
Toncoin gains the backing of popular hardware wallet SafePal
Toncoin is a decentralised layer-1 blockchain that provides its customers with fast, transparent, and secure payment services, facilitating transactions with minimal fees and third-party applications. While the general crypto market was on a steady decline last year, $TON had a different story as the year wrapped up.
Capital.com reports that Telegram-backed cryptocurrency Toncoin (TON) rallied significantly as the number of wallet holders was on a steady increase in December 2022. Earlier, Toncoin made headlines as popular hardware wallet SafePal announced it would be the first wallet to support the coin. The announcement led to a surge in the token’s price by around 8%.
Following data on Changelly, $TON has been in a good upward trend for the last 7 days, increasing by 13.5%.
Tradecurve introduces a challenger trading platform
Tradecurve is a new platform that allows users to trade a variety of financial assets from one account. It aims to give users the best trading experience while allowing them to enjoy DeFiprivacy.
Users on Tradecurve do not need to complete KYC. Once they sign up with email and deposit any crypto of their choice, they can explore other financial markets like stocks, forex, and commodities. Also, they enjoy high leverage, algorithmic trading, access to a decentralisedwallet, excellent customer support, exclusive deposit bonuses and level-up perks. Additionally, they don’t have to bother about prevailing problems in regular exchanges like high fees, lack of transparency, limited asset class, regulatory issues, etc. This is because Tradecurve allows users to trade crypto and financial markets all from one account. And as a permissionless exchange, users can connect their wallets, deposit crypto and trade 24/7 non-stop. Furthermore, holders of the $TCRV token enjoy a discount on trading fees, staking rewards, and more. Interested investors can purchase the token from the ongoing presale and expect 50x gains as predicted by experts.
Conflux scales up with Zk technologies
Conflux is a public layer-1 blockchain designed to power dApps, e-commerce, and Web 3.0 infrastructure by being more scalable, decentralised, and secure than existing protocols. Recently, Conflux announced a new zero-knowledge (ZK) strategy in partnership with Accseal, a company that specializes in building ZK-accelerating chips.
This partnership aims to seek out the most advanced ZK technologies and solutions that can be integrated into the Conflux ecosystem. Also, the project will leverage this development to ramp up scalability.
Already, Conflux boasts a thriving NFT ecosystem, with over 150 enterprises minting and selling NFTs on the network. Now with ZK solutions, the number of NFTs will continue to grow exponentially and positively impact the token’s price. Conflux (CFX) is trading at $0.296 as of press time.
Find out more about the Tradecurve (TCRV) presale here:
Website: https://tradecurve.io/
Presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
450 days ago • cryptodaily
How Uwerx (WERX), Conflux (CFX), And Avalanche (AVAX) Could Skyrocket in 2023: Crypto Price Predictions
Digital assets have reminded everybody how rapidly they can move when they want to. Investors underexposed to the market are beginning to shake off their bearish mentality, desperate to enter before it takes off. When questioned about protocols that could skyrocket in 2023, analysts returned three names consistently: Uwerx, Conflux (CXS), and Avalanche (AVAX). This article analyzes these protocols and lays out price predictions for each token in 2023.
Uwerx (WERX) Price Prediction Uwerx is a bold disruptor currently at its presale launch that is looking to reshape the entire freelance marketplace industry by launching a decentralized alternative to the Polygon (MATIC) network. Uwerx has opened its presale to fund the creation and deployment of the Uwerx platform, and investors can currently purchase WERX tokens for just $0.00995. SolidProof and InterFi Network have already audited the protocol, and the Uwerx team announced they would lock liquidity for 25 years following the end of the presale. On-chain data shows several seasoned traders going long already. The WERX token will power the entire Uwerx platform, and freelancers will need it to interact with the protocol giving it a significant source of natural demand. This has led analysts to make bullish predictions speculating that the WERX token may trade as high as $3.20 in Q3/Q4 2023. According to Nasdaq, a study released by DaVinci Payments found an estimated increase of 23 million gig workers versus 2019. Analysts pointed out that every single freelancer is a potential user of the Uwerx platform. Conflux (CFX) Price Prediction Conflux (CXS) has been performing well recently, and Conflux (CXS) has been riding the China narrative. The Conflux (CXS) token powers the Conflux (CXS) network, a layer one blockchain protocol that connects communities across borders. Conflux (CXS) currently trades at $0.32, with analysts expecting Conflux (CXS) to trade between $0.26 and $0.35. Conflux (CXS) has already reached the upper limit of analysts’ predictions, hinting that this token and the China narrative driving its growth still have a good distance to go before the year closes. Avalanche (AVAX) Price Prediction Avalanche (AVAX) went live in 2020, and since then Avalanche (AVAX) has been a thriving ecosystem for DeFi enthusiasts. Avalanche (AVAX), performance-wise, is one of the best Layer one blockchains in the space, offering robust security guarantees and sub-one-second transaction finality. Avalanche (AVAX) hosts a web of dApps and constantly expands its offerings. Avalanche (AVAX) currently trades at $17.21, with analysts expecting Avalanche (AVAX) to trade between $20.03 and $23.23 in 2023. However, several analysts said they believe Avalanche (AVAX) has greater upside potential. Uwerx: A Future Blue Chip?Overarching analysts continued to return to Uwerx when pressed for tokens with the highest growth potential. Given that the token is still in its presale, investors join on the ground level. If adoption levels meet the forecasts made by analysts, WERX could easily go parabolic. Investors who want to participate in the coming freelance revolution can join the presale by following the links below to earn a 20% purchase bonus. Find Out More Here:
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
457 days ago • cryptodaily
Sparklo’s Presale Set to Move Uptrend Ahead of Conflux (CFX) and Immutable (IMX)
With Conflux (CFX) and Immutable (IMX) currently on a downtrend, investors have their gaze fixed on the new presale on the crypto block, Sparklo. In this article, we will explain why it is a better investment than Confluc (CFX) and Immutable (IMX).
Conflux’s (CFX) Recent Developments Fail to Improve its Token’s Value
Conflux (CFX) is a public layer-1 blockchain designed to power decentralized applications, Web3 infrastructure, and e-commerce through its decentralized, secure, and scalable protocol.
Conflux (CFX), dubbed China’s Polygon (MATIC), is the country's only regulatory-compliant blockchain. Recent developments show that the blockchain has proposed to deploy Uniswap v3 on its network alongside offshore Chinese Yuan (CNH). In addition, the network also plans to join Curve Wars with its token (CFX) bridged to the Ethereum (ETH) mainnet. This proposal happened in the wake of Binance’s announcement that it will now support Conflux (CFX) mainnet integration.
These moves by Conflux (CFX) are intended to attract more investors and provide more liquidity pools, which ultimately will increase the network’s usage, worth, and value of its token, Conflux (CFX). Nevertheless, so far, the token has been beset by a downtrend in price movement. Currently valued at $0.28, its value has decreased by over 20% in the past 7 days.
Conflux's (CFX) current price movement has made investors consider Sparklo’s presale, which comes with hopes of an uptrend price movement.
Immutable’s (IMX) Downtrend Worries Investors
Immutable (IMX) is the first layer-two scaling solution for non-fungible tokens on Ethereum (ETH). The blockchain was designed to be an improvement on Ethereum, thereby making it more scalable, having a better user experience, and having a zero gas fee for minting and trading NFTs.
Gadget-Bot, a production company rumored to be developing “Kadairo,” a sci-fi universe, for over a decade, is bringing the game to Web3 on Immutable (IMX), which is slated for launch sometime this year. The game’s setting is a post-apocalyptic world with battles against powerful magic users, playable in a combination of player-vs-environment and player-vs-player, and teams of three players.
This recent news is exciting to gamers and ultimately aims to tap into the gaming sector. However, this news currently has little to no effect on the token’s current price, which trades at $0.95 at the time of writing after a drawback of 15% in the past 7 days.
Sparklo’s (SPRK): A Better Investment Than Conflux (CFX) and Immutable (IMX)
Sparklo presale is currently believed to have better growth potential than Immutable (IMX) and Conflux (CFX) due to its unique investment model. Sparklo is a precious metals investment platform committed to offering opportunities for investment in rare metals such as gold, silver, and platinum. Investors can invest in fractionalized NFTs backed by these precious metals and not fiat or other tokens.
The project has been predicted to rise in value by over 2,000% in the next year, fueling investors' enthusiasm to be early adopters. With a cheap presale price of just $0.015, Sparklo is one of the better investments of 2023.
Lastly, and more importantly, the team has concluded its smart contract audit with the InterFi Network, is currently working on its KYC audit, and liquidity is locked for 100 years. This guarantees investment, thereby improving investors’ commitment.
Poised for its bull ride, Sparklo is bound for the moon, and investors are in for all of the excitement.
Find out more about the presale:
Buy Presale: https://invest.sparklo.finance
Website: https://sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.