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Pepe Coin Value Sinks After Losing $15M; Avoid Shady Business With Big Eyes Infinity, The Next Shiba Inu Successor

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The crashing Pepe Coin value confirmed that you don’t have to go to the cinema to experience devious swindlers and nerve wracking money heists, as the crypto market provides more thrills and sensations than most action films. As we anxiously wait for Pepe’s (PEPE) fate to be determined, Shiba Inu (SHIB) stands as one of the pillars of meme coins, offering more stability and reliability. But with a unique ecosystem, play-to-earn actions and a vibrant community, will Big Eyes Infinity (BIGINF) claim the no. 1 spot?

The Pepe Coin Value Drops, But Not All Is Lost

Storming through the market like a racing car, Pepe has breached one milestone after another in no time, surging by an astonishing 7000% in just 17 days after its launch. Although starting off so strong, PEPE seems to have run out of fuel, and the finish line is fading away into the distance as days go by. Recently, a few Pepe founders have abused their power, stealing over 16 trillion tokens, worth around $15 million, through a multi-signature transfer system. Highlighting basic security issues and shaking up investors’ confidence, the Pepe Coin value started drowning, declining by nearly 40% over just two weeks.

As Pepe struggles to regain traction, a new saviour appeared in the meme coin market, ready to tackle security and safety issues. With the tokens launching exclusively on a DEX platform, and being airdropped to all holders, Big Eyes Infinity is building trust and loyalty from day one, positioning itself as one of the best coins to buy in 2023.

Will Shiba Inu Reign Forever

Becoming one of the largest assets in the universe, Shiba Inu played a vital role in the meme coin revolution. Defying the preconceptions about a merely entertaining value of these humorous cryptos, SHIB surged to cosmic heights, generously rewarding those who saw its potential. With a Shibarium upgrade promising to improve the Shiba Inu ecosystem with higher speeds, lower fees and increased token utility, SHIB stands as a beacon of steadiness and hope amidst the disheartening Pepe Coin value news.

Knowing that lack of practicality and safety was one of the reasons behind the heart wrenching Pepe Coin Value drop, Big Eyes improved its already renowned ecosystem by introducing the 819 Casino. Being the gaming hub’s fuel, the BIGINF token gained tremendous utility, and is bound to surge as the casino attracts more and more people. With over 5000 play-to-earn initiatives, the potential of this metaverse has no limit, getting attention from experienced investors, beginners, and the entire meme coin market Twitter community. As Shiba Inu fears for its top spot, seize this chance and invest in the next 500x currency.

<< For All Things Big Eyes Infinity, Including The Presale >>

Big Eyes Infinity Is The Answer to All Your Problems

Learning from the unsuccessful Pepe Coin value story, and their own mistakes, the BIGINF team took it upon themselves to fix the issues of the meme coin market. With an innovative presale distribution, impressive utility, an adorable cat mascot, and a devoted community, Big Eyes Infinity has what it takes to succeed, stand the test of time, and become one of the best coins to buy long term.

With the Big Eyes Infinity presale offering a 150% increase between stage 1 and 2, BIGINF stands as a symbol of security, offering a safe haven to all victims of the Pepe Coin value crash. In the same vein as the Shibarium upgrade, the 819 Casino aims to transform and improve the Big Eyes ecosystem, creating an inspiring and profitable space for all meme coin enthusiasts. Promoting P2E actions, BIGINF is bound to surge straight to the top, surpassing even Shiba Inu and other crypto giants. Will you seize this opportunity, and join Big Eyes on its rise to victory?

 

Big Eyes Infinity (BIGINF):

Presale: https://buy1.bigeyes.space/

Website: https://bigeyes.space/

Telegram: Contact@BIGEYESOFFICIAL

Twitter: https://twitter.com/BigEyesCoin

Best Crypto to Buy: XRP, DOGE, and Signuptoken.com – SIGN Shines Bright!

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With the dawn of a new month, the crypto world is ripe with opportunities for smart investors seeking big returns. This moment presents an excellent opportunity to discover the intriguing path of two major cryptocurrencies, XRP and DOGE, to evaluate their July performance and predict their trajectory into August. But wait, there’s something else in the niche! Signuptoken.com (SIGN), a presale token that holds immense promise is inviting you to join in on its groundbreaking August sign up!

XRP Price Prediction: July Impact and August Outlook

With the new month upon us, among the cryptocurrencies that have garnered attention, XRP stands out. July has been a month of fluctuations and developments for XRP, leaving investors curious about its future trajectory. As we step into August, predictions about its value remain speculative, with factors like regulatory updates and market sentiment playing a significant role. Analysing XRP’s July journey and its future potential aids investors to navigate the crypto landscape confidently.

Let’s assume that the coming month presents a critical juncture to gauge XRP’s performance and explore its possibilities. Engaging in an XRP price prediction analysis can offer valuable insights for those looking to make strategic investment choices in the dynamic crypto market. Now is the time to delve into the impact of July and contemplate the path ahead for XRP, making the most of this moment.

Dogecoin Price – Will it Rise in August?

The month of July has witnessed noteworthy developments and fluctuations in DOGE’s journey, piquing the interest of investors. As we step into August, predictions regarding its value are subject to speculation, influenced by factors such as market sentiment and ongoing trends. Delving into DOGE’s performance in July and forecasting its potential for the future will equip investors with valuable insights, enabling them to navigate the crypto market with greater confidence.

This is the ideal moment to assess DOGE’s journey and anticipate its trajectory. Understanding the dynamics of Dogecoin price will empower investors to make informed decisions, leveraging the insights gained to make sound moves in the ever-changing realm of cryptocurrencies. This is the time to think wise & invest wise, but remember to think twice.

Signuptoken.com’s July Tale Sparks August Fever!

As the sun rises on a brand-new month, the cosmos of crypto beckons, urging you to seize the moment and make strategic choices. Behold, for Signuptoken.com emerges from the cryptic labyrinth as a concealed treasure, waiting to be unveiled by bold adventurers. With July’s journey creating a buzz, this innovative platform captures the hearts of investors, igniting a fervour of excitement and anticipation. An undiscovered galaxy of possibilities awaits, and Signuptoken.com’s presale token presents the key to unlocking a universe of potential rewards for early sign-ups.

The tale of its cryptic journey through July unfolds like a cosmic odyssey, weaving a spell of fascination that captivates the imaginations of adventurers and risk-takers alike. In this cosmic realm, the stars align to foretell bountiful returns and hidden treasures for those who dare to join the ranks of early August sign-ups. As the celestial clock ticks, opportunities are fleeting, and fortunes await those who dare to seize the stars and etch their names into the annals of the crypto galaxy!

Crack the Nutshell:

In a nutshell, as we venture into the promising month ahead, the crypto world offers an array of opportunities for investors seeking big returns. While XRP and DOGE showcase intriguing journeys through July, Signuptoken.com stands out as a hidden gem, captivating the attention of the adventurous. With its presale token promising potential rewards for early sign-ups in August, the allure of Signuptoken.com becomes undeniable. As the cosmic dance of the crypto market continues, XRP’s price prediction and DOGE’s performance beacons. But, SIGN shines bright!

 

Sign up with Signuptoken.com:

Website: https://www.signuptoken.com

Twitter: https://twitter.com/_SignUpToken_

Telegram: https://t.me/SignUpToken

Tekedia Capital Syndicate is ACTIVE with 10 Startups in the Investment Board

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Dear Sir/Madam,

Greetings! We are very happy to update that Tekedia Capital has published 10 startups for the current investment cycle. Once logged in with the membership email, the direct link is here. These companies cover different sectors, geographies and domains.

We made a special video for each startup and also provided their respective pitch decks. Please keep all the startups confidential until we have invested. Also, there are some startups that have space constraints; so, learning of your interest immediately will be appreciated. 

More so, remember the Demo Day scheduled for Oct 14, 2023 at 4-6pm WAT; the Zoom link is in the Board when you login. All the startups will be live to present and take your questions.

For this Demo Day, please bring your investment friends, families, advisors and associates along; indeed, any person you consult with as you make investment decisions. The proceeding will be recorded and available in the board afterwards.

Have a great moment checking them and if you have any questions, please contact us. (If you have forgotten your password, email us for a temporary one or just go here to request a new one https://capital.tekedia.com/setup/.)

Regards,

Tekedia Capital Team

Tesla Reports 7% Decline in Deliveries For Q3 2023, Compared to Q2 2023

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Giant Electric Vehicle (EV) maker, Tesla has reported a 7% decline in deliveries for a third-quarter report of 2023, compared to the previous quarter.

In Q3 of 2023, Tesla reported 435,059 deliveries and a total vehicle production of 430,488.

During the previous quarter, Tesla reported total deliveries of 466,140 and total vehicle production of 479,700. During the same period in 2022, Tesla reported total vehicle production of 364,923 and deliveries of 343,830.

Tesla’s third-quarter result fell short of Wall Street’s estimation of around 455,000 total deliveries, with a median estimate of 453,128 deliveries for the quarter, based on 25 analysts’ estimates.

Tesla’s decline in third-quarter results doesn’t come as a surprise as the CEO Elon Musk during its Q2 2023 earnings call, had informed investors to expect lower production figures for Q3.

The reason for the decrease in production is the fact that some of Tesla’s factories will shut down temporarily in the summer to implement upgrades, Musk explained.

Commenting on the Q3 result, the company said,

“A sequential decline in volumes was caused by planned downtime for factory upgrades, as discussed on the most recent earnings call. Our 2023 volume target of around 1.8 million vehicles remains unchanged”.

Despite its report of a nearly 7% decline in vehicle deliveries compared to the previous quarter, shares of Tesla closed nearly flat for the day at $251.60 on Monday.

Notably, Tesla’s dip in sales may renew concerns that the demand for its vehicles is slackening even after the company slashed the prices of its vehicles. In China, Tesla is trying to fend off Chinese carmakers, like BYD and Nio, who are rolling out new models more quickly.

In the United States, Tesla faces increased competition from established carmakers like Ford Motor, General Motors, Hyundai, and Volkswagen. They have been chipping away at Tesla’s dominance the company accounted for about 60 percent of the electric vehicle market in the second quarter.

Tesla cut prices significantly on all its models this year to fend off competition and keep its sales growing at a rapid clip. As a result, its profit margin has fallen sharply, though it remains higher than, those of more established carmakers.

More recently, the company has slowed or stopped production at its factory in Austin, Texas, to prepare for production of the Cybertruck.

In China, Tesla paused some production as it switched assembly lines to an upgraded version of its Model 3 sedan known as the Highland.

Tesla will need a big finish in 2023, to realize Musk goal of increasing its sales by 50% annually. To hit that target, Tesla will have to sell 1.97 million vehicles this year.

Removal of Subsidies is not a Destination but a necessary Requirement to Staying Afloat

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The recent decision by the government to remove subsidies on fuel and electricity has sparked a lot of debate and criticism from various quarters. Some have argued that this is a betrayal of the masses, who are already suffering from the effects of inflation, unemployment and insecurity. Others have claimed that this is a ploy to enrich the elites, who are the main beneficiaries of the subsidies. However, I will try to explain why the removal of subsidies is not a destination but a necessary requirement to staying afloat in the current economic situation in Nigeria.

First of all, let us examine what subsidies are and how they work. Subsidies are financial support given by the government to reduce the cost of production or consumption of certain goods or services. In Nigeria, the government has been subsidizing fuel and electricity for decades, meaning that consumers pay less than the actual market price for these commodities. The difference between the market price and the subsidized price is borne by the government, which uses public funds to pay the suppliers.

The main rationale for subsidizing fuel and electricity is to make them affordable and accessible to the majority of Nigerians, especially the poor and vulnerable. However, this noble intention has been undermined by several factors, such as corruption, inefficiency, smuggling and vandalism. According to various reports, Nigeria spends about N1 trillion annually on fuel subsidy alone, which is equivalent to about 3% of its GDP. This is a huge amount of money that could be used for other developmental purposes, such as health, education and infrastructure.

Moreover, fuel subsidy has not really benefited the poor as intended. According to a 2019 report by the World Bank, only 15% of fuel subsidy benefits go to the poorest 20% of Nigerians, while 69% go to the richest 20%. This is because the poor consume less fuel than the rich, who own more cars and generators. In fact, fuel subsidy has encouraged wasteful consumption and increased environmental pollution. It has also created an artificial demand for fuel, which exceeds the domestic supply capacity. As a result, Nigeria has to import most of its fuel needs, despite being an oil-producing country.

Similarly, electricity subsidy has not improved the quality and quantity of power supply in Nigeria. According to a 2020 report by the Nigerian Electricity Regulatory Commission (NERC), Nigeria has an installed generation capacity of about 13,000 megawatts (MW), but only about 4,500 MW is available on average. This is far below the estimated demand of about 25,000 MW. The low availability of power is due to several factors, such as gas shortages, transmission constraints, distribution losses and vandalism.

Electricity subsidy has also distorted the market signals and incentives for investment in the power sector. According to NERC, the average tariff paid by consumers in Nigeria is about N32 per kilowatt-hour (kWh), while the actual cost-reflective tariff is about N51 per kWh. This means that the government pays about N19 per kWh as subsidy to cover the gap between the tariff and the cost. This amounts to about N540 billion annually, which is equivalent to about 1.5% of GDP.

However, this subsidy has not translated into improved service delivery or customer satisfaction. According to a 2019 survey by NOI Polls, only 36% of Nigerians are satisfied with their electricity supply, while 64% are dissatisfied. The main reasons for dissatisfaction are frequent power outages, high bills and poor customer service. In fact, many Nigerians resort to self-generation using diesel or petrol generators, which are more expensive and harmful to the environment.

Therefore, it is clear that subsidies on fuel and electricity are not sustainable or effective in achieving their intended objectives. They are draining public resources that could be used for more productive purposes. They are also creating distortions and inefficiencies in the market that discourage investment and innovation. They are also benefiting the rich more than the poor, who still lack access to affordable and reliable energy services.

This is why the removal of subsidies is not a destination but a necessary requirement to staying afloat in these challenging times. By removing subsidies, the government will save money that can be used to fund other social programs that directly target the poor and vulnerable segments of society. For instance, the government has introduced a National Social Investment Program (NSIP), which includes conditional cash transfers, school feeding program, youth empowerment scheme and microcredit scheme.

By removing subsidies, the government will also create a level playing field for private sector participation and competition in the energy sector. This will encourage more investment in infrastructure and technology that will increase supply and reduce cost in the long run. It will also promote efficiency and accountability in service delivery and customer relations. It will also foster innovation and diversification in energy sources that will reduce dependence on fossil fuels and enhance environmental sustainability.

Of course, removing subsidies will have some short-term negative impacts on consumers, especially those with low income and high energy consumption. The prices of fuel and electricity will increase, which will affect the cost of transportation, production and living. This will also have a ripple effect on the prices of other goods and services, which will increase inflation and reduce purchasing power.

However, these impacts can be mitigated by implementing some complementary measures, such as: Providing targeted subsidies or vouchers to the poor and vulnerable groups that need them the most, such as transporters, farmers, artisans and small businesses.

Providing palliatives or stimulus packages to cushion the effects of the price increases, such as tax relief, minimum wage adjustment, social security and unemployment benefits.

Providing alternative or renewable energy sources that are cheaper and cleaner, such as solar, wind, hydro and biomass.

Providing energy efficiency and conservation measures that will reduce energy demand and wastage, such as smart meters, LED bulbs, energy audits and awareness campaigns.

Providing regulatory and institutional reforms that will ensure transparency, accountability and fairness in the energy sector, such as metering, billing, collection and dispute resolution.

Removing subsidies on fuel and electricity is not a destination but a necessary requirement to staying afloat in the current economic situation. It is a painful but inevitable decision that will have long-term benefits for the economy and society. It is also a shared responsibility that requires the cooperation and sacrifice of all stakeholders, including the government, private sector, civil society and consumers. Together, we can overcome this challenge and build a more prosperous and sustainable future for ourselves and generations to come.