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Whales Moves Large Sums of Litecoin (LTC) And Ripple (XRP) As TMS Network (TMSN) Presale Explodes

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In the volatile world of cryptocurrencies, investors are always on the lookout for any significant price movements. When it comes to major cryptocurrencies like Litecoin, XRP, and the TMS network, investors have to be even more careful. In recent news, these coins have made news due to significant developments that are bound to affect their market value.

In this post, we will dig deeper into what has been happening around Litecoin and XRP and also look at one of the hottest pre sales this year, the TMS network.

Let’s jump in:

Litecoin Whale Moves $50 Million Worth of LTC Before 15% Crash

Launched in 2011, Litecoin is a decentralized digital currency that is based on the Bitcoin protocol. The Litecoin cryptocurrency works similarly to Bitcoin, except for a few changes that allow for faster transaction processing times and lower fees.

Litecoin has always performed well in the cryptocurrency market and often ranks as one of the top ten cryptocurrencies by market cap. However, recently, the value of Litecoin fell by 15% within 72 hours. A 15% price decrease in a cryptocurrency is not an uncommon occurrence in the volatile cryptocurrency market.

However, the recent drop in the price of Litecoin has sparked a debate in the crypto sphere because shortly before the drop, an unknown cryptocurrency whale moved about $50 million worth of Litecoin tokens. Crypto enthusiasts have been left wondering whether the whale was warned about the possible crash of Litecoin.

Although the movement of large amounts of LTC by the whale may suggest the whale knew of the impending crash, there is no way of knowing for sure since the crypto market is prone to drastic price wings influenced by market conditions and regulatory developments.

SEC Vs XRP Lawsuit Ruling Looming

The US securities exchange Commission vs XRP lawsuit has been a hot topic in the cryptocurrency market for some time now. XRP is the native cryptocurrency of Ripple, a company that provides cross-border payment solutions. The SEC alleges that Ripple, a company that provides cross-border payment solutions, conducted an unregistered securities offering through the sale of XRP tokens.

Experts predict that a ruling on the Sec VS XRP case is imminent, with some expecting it to happen before the end of April.

The outcome of the SEC vs XRP lawsuit is bound to have significant implications for the XRP cryptocurrency and the cryptocurrency community as a whole. If the ruling is in favor of XRP, then the price of XRP will likely shoot up. However, if the ruling favors the SEC, the XRP cryptocurrency, and the major cryptocurrency industry is bound to suffer.

As of now, XRP is already delisted from several cryptocurrency exchanges due to the lawsuit that has been going on for about two years.

The TMS Network Presale Explodes

The TMS network has been making headlines for its explosive presale which has seen its token price skyrocket by an unbelievable 2500%.

TMS Network’s (TMSN)  is a decentralized platform built on the Ethereum blockchain, to solve the pressing problems in the trading industry. For example, through the TMS network, traders will have access to an all-in-one platform where they can trade any type of derivative they want. This gives traders a unique chance of having their portfolio under one platform, which makes it easier to know how their overall portfolio is performing at a glance.

TMS network makes it even easier for traders by allowing them to trade by simply connecting their wallets to the TMS Network’s (TMSN) platform. This way, traders don’t have to give up ownership of their cryptocurrencies or have an account with the TMS network to execute trades. Additionally, no fiat fiat-to-crypto changes need to be performed.

Another way through which the TMS network is revolutionizing the trading industry is by introducing social trading, a feature that allows inexperienced traders to follow their more experienced counterparts, copy their moves and learn from them.

The TMS network also pays traders a commission based on the trading volume on the TMS Network’s (TMSN) platform. This means that in addition to the profits they make from their trades and the increase in the value of the TMS Network’s (TMSN)  token, traders are entitled to additional passive income based on the volume of trades on the TMS network. The more people use the TMS network, the larger the commission a trader receives.

 

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/TMSNetworkIO

Twitter: https://twitter.com/@tmsnetwork_io

Nigeria’s #1 CEO on Value Creation!

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Really? This is not the full picture. As a junior banker many years ago, my taxable yearly income was about N287,000. But at the end of the year, I was making close to N1 million. Check the multiple, you will understand that these men were not that “cheap”! Nbanu as they say in the Igbo Nation; yes, NEVER.

Nigeria’s #1 CEO on value creation (using my model), Michel of Dangote Cement, is not that “cheap”. Bear with me if I write that someone making N736 million is not paid well in a relatively mid-scale economy like Nigeria.

The way we report wages and salaries in Nigeria must evolve. My suit/tie allowance while in banking was more than my basic salary. In America, money is money and no classification, making it easier to get more PAYE/ personal tax extracted for the public. Nigeria needs to fix its taxation, and that begins on what is considered personal income.

Comment on Feed

Comment 1: What would they use that tax for? The one they’ve collected what have they done with it?

My Response: Fund young medical doctors so that they can immigrant to Canada, UK, etc! With that, Nigeria can provide a solid medical doctor pipeline for these countries. Nigeria offers better support than any country in the world in subsidizing medical education. Too bad, other countries come and raid the nation. I wish the United Nations can lead on the raiding for the good of Nigeria and Africa.

Comment 1R: if they want to retain those practitioners, they must provide enabling environment for them to thrive.

My Response: I only answered your initial question. I have no answer for the follow-up question.

Why Yachtify (YCHT) is the Smart Investment Choice Over Polkadot (DOT) for High Growth Potential

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Savvy investors are constantly searching for the next big opportunity in the ever-evolving world of cryptocurrency investments. While Polkadot (DOT) has made a name for itself as a reliable platform for interoperability and scalability, Yachtify (YCHT) emerges as a promising contender with its innovative approach to the luxury yacht market.

Read to understand why Yachtify (YCHT) stands out as the smart investment choice over Polkadot (DOT) for those seeking high growth potential, as it combines the power of blockchain technology, NFTs, and the lucrative luxury yacht industry to create an unparalleled investment platform.

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Why Yachtify (YCHT) is the Smart Investment Choice: Exploring Benefits, Pre-sale, Pricing, and Unique Features

Yachtify (YCHT) has emerged as a smart investment choice for those seeking high growth potential in the cryptocurrency space, thanks to its innovative approach to the luxury yacht market. By harnessing the power of blockchain technology and NFTs, Yachtify provides investors with a unique opportunity to capitalize on the booming luxury yacht industry while enjoying several benefits that set it apart from other platforms like Polkadot (DOT).

  1. Access to the Growing Luxury Yacht Market The luxury yacht market is estimated to be worth over $100 billion and continues to grow, driven by increasing demand and shifting consumer preferences. Yachtify (YCHT) enables investors to tap into this lucrative market by offering a fractional ownership model, allowing them to reap the benefits of owning a luxury yacht without bearing the full cost and responsibility of traditional ownership.
  2. Democratization of Yacht Ownership and Investment Yachtify (YCHT) lowers the barriers to entry in the luxury yacht market, making it accessible to a broader range of investors. With the option to purchase a stake in a yacht for as little as $100, Yachtify democratizes the investment process and fosters greater inclusivity in the world of luxury yachts. This approach broadens the potential investor base and paves the way for increased growth within the cryptocurrency investment space.
  3. Revenue Generation through Yacht Leases and Sales Yachtify’s platform allows investors to earn income from yacht leases or sales, providing multiple streams of revenue. The platform’s dashboard offers regular performance updates, enabling investors to monitor their holdings and make informed decisions about their investments.
  4. Pre-sale and Competitive Pricing Yachtify (YCHT) has launched its $YACHT utility token to reward its community, investors, and early backers. The pre-sale stage offers investors an attractive entry point, with an initial price of $0.10. Early supporters can benefit from reduced transaction fees (up to 100%), storage fees (up to 50%), and maintenance fees (up to 100%), depending on the amount of tokens they possess.

Yachtify (YCHT) is a smart investment choice for those seeking high growth potential in the cryptocurrency space. Its innovative approach to the luxury yacht market, coupled with its unique features, competitive pricing, and strong tokenomics, positions Yachtify as an attractive opportunity for investors looking to capitalize on the lucrative luxury yacht industry.

Yachtify (YCHT) Rises to the Challenge: A Prime Investment Contender for Polkadot (DOT) in the Cryptocurrency Arena

Polkadot (DOT) has made significant waves in the cryptocurrency market, functioning as a powerful conduit for various cryptocurrencies and facilitating seamless information exchange between chains. Boasting impressive development activity as revealed by Proof-Of-GitHub, Polkadot (DOT) enjoys a market capitalization of $8.2B and a current price of $6.96. However, the question of whether Polkadot (DOT) can maintain its momentum remains.

Some experts are now pointing to Yachtify (YCHT) as a potential prime investment competitor for Polkadot (DOT) in 2023 and beyond. Yachtify’s unique approach to fractional yacht ownership, backed by blockchain technology and NFTs, has positioned it as a formidable contender in the cryptocurrency investment space. With its innovative platform and an increasing market interest in luxury yachts, Yachtify (YCHT) has the potential to disrupt the current cryptocurrency landscape, challenging the likes of Polkadot (DOT) in terms of growth and investment opportunities.

As Yachtify (YCHT) continues to develop its ecosystem, it presents an attractive alternative to traditional cryptocurrency investments, particularly for those seeking high growth potential. Yachtify’s competitive pre-sale pricing, strong tokenomics, and unique features make it a compelling choice for investors looking to diversify their portfolios and explore new opportunities in the luxury yacht industry.

As the cryptocurrency market evolves, it will be fascinating to see how Yachtify (YCHT) fares against established platforms like Polkadot (DOT). To learn more about Yachtify (YCHT) and the potential it holds as a prime investment competitor, follow the provided links at the end of this page and explore its groundbreaking platform and offerings.

Website: https://yachtify.market/

Presale: https://buy.yachtify.market/login

Twitter: https://twitter.com/yachtify_market

Telegram: https://t.me/yachtify

The Rise of Yachtify (YCHT): A New Contender in the Cryptocurrency Investment Space

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The luxury yacht market has long been an exclusive domain, accessible only to a privileged few. However, Yachtify (YCHT) is set to disrupt this industry by offering a groundbreaking approach to fractional yacht ownership, leveraging blockchain technology and NFTs. This innovative platform aims to democratize the world of luxury yachts, opening up exciting investment opportunities to a broader audience of cryptocurrency enthusiasts and investors.

Yachtify (YCHT) has identified the potential for exponential growth in the luxury yacht market, fueled by increasing demand and a shift in consumer preferences. By providing a unique fractional ownership model, Yachtify allows investors to tap into this burgeoning market, capturing the benefits of owning a luxury yacht without bearing the full cost and responsibility of traditional ownership.

In essence, Yachtify (YCHT) is transforming the luxury yacht industry by offering an accessible, secure, and efficient investment platform that harnesses the power of blockchain technology and NFTs. This innovative approach is poised to reshape the industry, making yacht ownership and investment more inclusive and creating new possibilities for growth in the cryptocurrency investment space. The current price is $0.10.

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Key Features and Benefits of Yachtify (YCHT) Investment Platform

  1. Tapping into the Growing Luxury Yacht Market Yachtify (YCHT) enables investors to participate in the booming luxury yacht market, estimated to be worth over $100 billion. As demand for luxury yachts continues to rise, Yachtify’s platform allows investors to capitalize on this trend, providing a unique entry point into this exclusive market.
  2. Utilizing Blockchain Technology and NFTs for Secure and Efficient Investments Built on the Ethereum blockchain, Yachtify (YCHT) ensures fast transfer speeds and high scalability. By employing NFTs to represent real-world yachts, the platform provides a secure and efficient method for investors to buy, sell, and trade their assets, while also ensuring the authenticity and provenance of each yacht.
  3. Revenue Generation through Yacht Leases and Sales Yachtify’s platform allows investors to earn income from yacht leases or sales, providing multiple streams of revenue. The platform’s dashboard offers regular performance updates, enabling investors to monitor their holdings and make informed decisions about their investments.

Future Growth and Potential of Yachtify (YCHT) in the Cryptocurrency Space

Collaborative Ecosystem and Global Network Expansion Yachtify (YCHT) is actively building a collaborative ecosystem by partnering with yacht charter businesses worldwide, enabling $YACHT token acceptance as a payment method on their platforms. This collaboration will further expand Yachtify’s global network, creating a strong foundation for continued growth and solidifying its position within the cryptocurrency space.

Harnessing Web3 Technology for Innovation and Reshaping the Industry Yachtify (YCHT) recognizes the potential of Web3 technology in revolutionizing the luxury yacht industry. By embracing and exploring innovative Web3 ideas, Yachtify is poised to reshape the industry and unlock new opportunities for growth. As the platform continues to innovate, it will further solidify its status as a leading contender in the cryptocurrency investment space, paving the way for future success and expansion.

Join the Yachtify (YCHT) Revolution: Embrace the Future of Luxury Yacht Investments

Are you ready to be a part of the exciting new world of luxury yacht investments powered by blockchain technology and NFTs? Don’t miss your chance to join the Yachtify (YCHT) revolution and capitalize on the potential for exponential growth in this exclusive market. By becoming a Yachtify investor, you’ll gain access to a cutting-edge platform that democratizes yacht ownership, increases accessibility, and offers multiple revenue streams.

Experience the benefits of Yachtify’s innovative approach to fractional yacht ownership, backed by a strong and sustainable tokenomics model that rewards investors, early backers, and community members. Join the Yachtify (YCHT) community today and be a part of the future of luxury yacht investments in the cryptocurrency space.

Website: https://yachtify.market/

Presale: https://buy.yachtify.market/login

Twitter: https://twitter.com/yachtify_market

Telegram: https://t.me/yachtify

Funding for African Tech Startups Declined in Q1 2023

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African tech startups recorded a decline in funding in the First Quarter (Q1) of 2023, compared to last year, due to the recent economic downturn.

These startups raised the sum of $649,303,000 between January 1st and March 31st this year, down 57.2 percent of the total from the corresponding period in 2022. In terms of volume, only 87 startups raised capital this year in the first quarter, a massive decline from 175 startups that raised capital in the same quarter last year.

It is worth noting that in 2022, funding in the first quarter (Q1) made up more than half of the total capital raised by tech startups, which means that if this trajectory holds, then year-on-year (YoY) funding would decline by more than 50 percent.

This year is already looking regressive as only a few startups have so far raised funds. The slowdown in funding however doesn’t come as a surprise, after it was predicted that Africa would experience a sustained funding slowdown in 2023.

However, some analysts believe that African startups raised funds in the first quarter of 2023, and performed better than expected because these startups raised more funds compared to Q3 and Q4 in 2022. In February 2023, startups in Africa raised approximately $700 million, recorded as the continent’s best month since September 2021 and March 2022. Although March witnessed a decline with only $66 million raised, the worst recorded since August 2020.

Africa seemed to defy the global venture funding decline in the first quarter of last year, after startups in the region raised $3 billion, double the amount secured over a similar period in the previous year. Unfortunately, the VC market correction caught up with the continent in the second half of 2022, which saw fewer deals closed as investors tightened their purses. VCs predict that Africa would continue to see a sustained slowdown of funding in 2023, as investors continue to withdraw from new and existing startups to raise capital.

Due to the inflationary pressures and tightening monetary policy, investors in Africa will continue to maintain a judicious approach to investments in African startups. Mega rounds have also been predicted to be scarce, which was witnessed in the second half of 2022, where no deals over $100 million were recorded. As the market downturn drags on and investor cash remains hard to come by, analysts disclose that more startups will start to run out of money. Also, some venture-backed companies will be forced to raise new funding even if it means agreeing to a lower valuation than they once secured.

It is however worth noting that Africa is not the only continent that received slow funding, in the Venture Capital space worldwide, there was a steady slowdown in funding throughout 2022. According to data, the deal count slowed by roughly 14% from the record highs of 2021. Meanwhile, the funding in the African continent stood ahead of other continents. Quarter on Quarter, Africa was the only region to register positive growth.