The crypto market is volatile enough to maintain different trends at various points in time. The majority of the cryptocurrencies had been gaining yesterday, however, most of them are dipping today following a reverse price action trend. In contrast, there are two metaverse cryptos that have been resisting and defying …
Read More »UNUS SED LEO Continues Surging After 1-Month Peak
The crypto market is again in the ‘red’, which is nothing new. But one thing to note is that the UNUS SED LEO (LEO) crypto has been gaining during a bearish session. In addition, the LEO crypto even achieved its 1-month peak on the same day, we will surely discuss …
Read More »VIDT Datalink Swapped Token To Be Listed On Binance Today!
VIDT Datalink (VIDT) Swapped Token will be listed on Binance, one of the leading cryptocurrency exchanges, today, that is, November 9, 2022. This token swap will replace the existing token with VIDT DAO. This is a rebranding strategy that has been used by the network for scaling purposes. Therefore, Binance …
Read More »MUSD Crypto’s 24-Hour Demand Surges Over 2,000%
The crypto market has been crashing today and the bleeding market’s losses have been worrisome for investors in the domain. Therefore, a huge portion of the crypto investing community decided to shift to the various U.S. dollar-backed stablecoins which include Tether (USDT), USD Coin (USDC), and Binance USD (BUSD). However, …
Read More »Terra Classic Surges 57%, Can Rebranded LUNA Recover Its Losses?
Terra Classic (LUNC), the rebranded version of Terra (LUNA) that crashed earlier this year, has been surging today. Not only is it notable because of the magnitude of gain but also due to the fact the crypto market is bleeding today. In addition, this is the second day in a …
Read More »GALA Token Hack’s Fear Temporarily Pulled Down Its Price
Gala Games, the Blockchain gaming company has urged its community to calm down after there has been a misplaced GALA token hack fear. The fear of a multi-billion dollar rug pull has caused the GALA token to temporarily come down 25.6%. GALA Token Price Crash Initially, panic came after a …
Read More »Luna Crypto Collapse $0 Marking New All Time Low
The sister coin of the controversial TerraUSD is basically worthless now. There is Luna crypto collapse. Luna plunged to $0 (Luna crypto to USD) on Friday shaking the whole crypto market as per the data from CoinGecko, highlighting a stunning collapse for a digital currency that was once worth $100. …
Read More »Terra Community Proposal Granted: Does This Take A Good Turn?
Nine days ago, Do Kwon, founder of Terraform Labs shared his plan to revive the Terra Ecosystem after the stablecoin UST and crypto Luna of Terra faced an intensive downfall in the latest market crash. On 26 May 2022, the Terra community proposal was approved for reviving the crypto. The …
Read More »Terra Launched New Stablecoin: Is This Paving Great Opportunities?
As per reports, Terra launched new stablecoin. Recently, Terra declared the launch of a brand new pseo backed stablecoin on Tron, Ethereum, and polygonal shape as 40 percent of Mexican corporations consider adoption of blockchain. With that, let us have a look at the Luna news update today. USDT, the …
Read More »Reasons Why Cash-Backed Tether Faces Criticism In The Crypto Market
The USDT token of Tether is backed up by US Dollars. This cash-backed Tether implies that the stablecoin entity must consist of a reserve of funds in its holding that is equal to the USDT tokens that are presently in circulation. Let us have a look at some of the …
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