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The Rise of Dogetti, Avalanche, and Dash: Understanding the Future of Money

By
TI Partners
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0

Are you ready to take your crypto portfolio to the next level? Look no further than these three must-have coins. First, we have two tried and true crypto giants, Avalanche (AVAX) and Dash (DASH), dominating the market with their impressive growth and solid return on investment. On the other hand, we have Dogetti (DETI), the new meme currency that’s not just all fun and games. With its focus on energy efficiency and its mission to shift wealth into the DeFi space, Dogetti (DETI) is poised to make a big impact in the crypto world.

So what exactly makes these three coins a wise choice for your portfolio? In this article, we’ll dive deep into each currency, examining its strengths, potential challenges, and what sets them apart from the rest. Get ready to upgrade your crypto game with the ultimate guide to these three must-have coins.

Avalanche (AVAX): Unleashing the Future of Decentralized Finance

Avalanche (AVAX) is revolutionizing the way we think about decentralized networks by allowing for the creation, deployment, and management of thousands of independent, customizable, and interconnected blockchains.

Say goodbye to scalability and interoperability issues that have plagued other blockchain platforms. Avalanche (AVAX) unleashes lightning-fast transactions, unmatched security, and a unique consensus mechanism that validates all transactions in real-time. With its multi-chain architecture, Avalanche (AVAX) supports a wide range of use cases, from decentralized finance (DeFi) to gaming and more.

As one of the top 100 cryptocurrencies, AVAX has proven its worth with a market valuation that has soared to an all-time high of $173.91 in January 2023. With the ability to support multiple assets, including cryptocurrencies, stablecoins, and digital assets, AVAX stands out as a leader in the DeFi space.

The recent launch of the Avalanche-X marketplace and integration of ChainGuard cybersecurity solution has only added to AVAX’s impressive list of upgrades. With a year-to-date return of over 500%, it’s no wonder that this promising platform has caught the attention of savvy investors.

Dash (DASH): Speeding into the Future

Get ready for lightning-fast transactions with Dash (DASH), the digital currency that’s paving the way for a faster and more secure future. This cutting-edge cryptocurrency is designed to provide its users with instant and secure transactions, thanks to its innovative two-tier network architecture.

With its market capitalization reaching an all-time high of $13 billion in January 2023, it’s clear that Dash (DASH) is a major player in the cryptocurrency space. The platform’s low transaction fees, high processing speed, and user-friendly interface make it a popular choice for both merchants and consumers.

Dash (DASH) has been making major upgrades in recent year, with the highly anticipated release of its Evolution platform, which provides its users with a more intuitive and user-friendly way to manage their digital assets. Additionally, its partnerships with top exchanges, such as Kraken and Bittrex, have only added to its growing list of achievements.

With a year-to-date return of over 150%, it’s no wonder that Dash (DASH) is quickly becoming a top investment opportunity for those looking to tap into the potential of the digital currency space. Get ready to speed into the future with DASH.

Dogetti (DETI): Where Fun Meets Finance!

Looking for a unique investment opportunity that will have you smiling all the way to the bank? Look no further than Dogetti (DETI), the newest and coolest player in the world of cryptocurrency. This one-of-a-kind meme coin combines humor and financial potential in a way you’ve never seen before.

As a proud member of the legendary Doge bloodline, Dogetti (DETI) is on a mission to become the top meme coin in the market. With its focus on delivering an unparalleled experience to its holders, Dogetti is quickly setting itself apart.

One of Dogetti’s most exciting features? DogettiNFTs! These NFTs let you unleash your creativity and mint your very own, one-of-a-kind NFT pets. Not only are they adorable, but they also have the potential to bring you big profits when you collect and resell them.

Powered by Uniswap, Dogetti (DETI) delivers high liquidity, fast and secure trades, and low fees for its users. This foundation sets the stage for Dogetti to roll out even more exciting offerings, like special discounts, incentivized liquidity provision, and access to other trading pairs.

Join the Dogetti (DETI) community, where your opinions matter, and be part of a movement that’s changing the game of cryptocurrency. Don’t miss out on this amazing investment opportunity! Get your paws on Dogetti (DETI) today!

For More Information On Dogetti (DETI):

 

Presale: https://dogetti.io/how-to-buy

Website: https://dogetti.io/

Telegram: https://t.me/Dogetti

Twitter: https://twitter.com/_Dogetti_

Peter Obi’s Lagos Campaign Viral Photo: Myths or Realities While in Power?

By
Mutiu Iyanda
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0

In many cultures, mythology plays an important role during election campaigns. People often invoke the power of mythological figures to represent the values and qualities that they seek in a leader. For example, in ancient Greece, the god Zeus was held up as a symbol of justice and fairness, so many candidates invoked his name when appealing to their constituents. Similarly, in the Middle East, the goddess Ishtar is frequently referenced to represent strength and courage, so many candidates invoke her name when running for office.

In many cultures, stories and legends from mythology can also be used to illustrate the importance of a particular candidate. For example, the story of the Trojan Horse is often used to demonstrate that even small, seemingly insignificant acts can have a profound impact on the outcome of an election. In addition, stories of legendary heroes, such as Hercules, can be used to show that even the most challenging tasks can be accomplished with courage and determination.

Finally, many candidates also use mythology to make their policies more appealing. For example, in ancient Greece, the goddess Athena was seen as the patroness of wisdom and strategic thinking, so many candidates invoke her name in order to emphasise their own intellect and capabilities. Similarly, in the Middle East, the god Marduk is often mentioned.

Patterns and insights exemplified in the above narratives about myth in politics in Greece are not quite different in Nigeria. In this piece, our analyst used the photo of a boy who stood in front of Mr. Peter Obi, the presidential candidate of the Labour Party, to establish how politicians are more friendly with people during campaign rallies but hardly exhibit the same feature when they are in power. Our analyst notes that during campaign activities, candidates are more in tune with people in terms of playing with them and performing some tasks that suggest being accessible to people. However, the heavy security men around them and their inability to meet people one-on-one in times of crises in most cases are the realities Nigerians have been contending with over the years, making them (Nigerians) feel that democracy is not working as it was conceptualised several years ago.

The picture depicts a typical campaign rally during Nigeria’s elections, where members of political parties converged at a place with the intention of promoting and marketing their programmes to the citizens, especially those who are eligible to vote. Like scenes that characterised previous campaign events in Nigeria, the boy in front of Mr. Peter Obi’s convoy represents how Nigerians are usually in wild jubilation whenever they have the opportunity to meet candidates physically beyond reading, watching and listening to them through the media. The stretching of hands by the boy suggests that Mr. Obi is welcomed to the campaign location with a full heart and a supportive mind. The little smile on Mr. Obi’s face indicates his happiness and the acceptance of the support he received at the campaign location. The posture of the two security men suggests their readiness to confront anyone with the intent of attacking Mr. Obi. However, the security man on the right side of Mr. Obi and the people at the back of the Labour Party’s presidential candidate seem to be happy with the boy’s courage, while pointing fingers at the boy by the security man on the left indicates that he (the security man) is not in support of the boy’s act, seeing it as a possible threat to Mr. Obi’s life. The closeness of another boy to Yusuf Alami suggests his (the second boy) readiness to join him in making the welcome of Mr. Obi more blissful.

While the boy’s gesture suggests that Mr. Obi is one of the candidates Nigeria needs to renew hope in many youths, the security man who wears a mournful look and points to the boy would ordinarily do more than that if Mr. Obi were in a public arena as an elected president. There have been numerous reports of security forces brutalising and killing Nigerians during protests. The fuel subsidy removal protests of 2012 and the recent ENDSARS protests are still fresh in the minds of many Nigerians.

Nigeria in the Age of Japa-Driven Demarketing Strategy

By
Mutiu Iyanda
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0

Our analyst has repeatedly stated that Nigeria will not end as a country if God is not ready to end the world. Nigeria, like other countries that have gone through pre- and post-independence eras, will survive any challenge thrown its way as long as resources are available and patriotic citizens are collectively elected to be leaders to manage the resources wisely. Our analyst has also stated that Nigerians have the right to migrate both internally and externally in search of better opportunities. Those who have left the country, on the other hand, should stop marketing and promoting the country using negative strategies and tactics.

Demarketing, as defined by Kotler and Levy in their 1971 publication in the Harvard Business Review, is the management of excess demand for goods, services, experiences, and other products by their current or future markets. According to the scholars’ definition, the term is not necessarily negative in the field of marketing. However, in the industry, it has come to represent downplaying qualities, benefits, and other values found in a product in order to drive existing and potential customers away.

As previously stated, migration is an unavoidable part of human life. However, as demonstrated by the two hypothetical cases presented below, demarketing one’s country while living in another country for a better life is a strategic threat to national security and a breach of loyalty. Promoting Nigeria’s values and available opportunities would help those who remain to advance their fortunes.

The First Scenario

Yusuf Ade Ebuka is a Nigerian who has recently moved to a developed country. While his experience in his new country has been positive, he has been dismayed by the negative views he has heard about Nigeria. Many of his new acquaintances have made assumptions about his homeland that are largely inaccurate and outdated. This has caused Yusuf to become somewhat defensive about his country and to speak out against any demarketing of Nigeria.

When asked about his homeland, Yusuf is quick to point out that Nigeria is a vibrant and diverse country with a rich culture and history. He is eager to share stories about the food, music, and people of Nigeria, and he challenges the stereotypes that people have of the country. Yusuf also uses his personal experiences to paint a picture of a Nigeria that is much more than what is portrayed in the media. Yusuf is passionate about marketing Nigeria and does so through social media, blog posts, and personal conversations. He is determined to show the world that Nigeria is a beautiful and welcoming country with a lot to offer. Yusuf is also an advocate for Nigerian immigrants living abroad, as he knows all too well the struggles, they face in adapting to life in a new country.

The Second Scenario

Danladi Emeka Adebayo was born and raised in Nigeria, growing up in a small village in one of the poorest states. Despite the difficult circumstances, Danladi was determined to make something of himself and worked hard to get an education and eventually earn a scholarship to study in the United States.

At first, Danladi was filled with excitement and optimism when he arrived in the United States. He had the opportunity to experience a new way of life and was thankful for the chance to improve his prospects. However, after a few years of living in the US, Danladi began to experience something of a culture shock. Everywhere he looked he was confronted with the stark contrast between his home country and the developed nation he now lived in. The more time Danladi spent in the US, the more he began to feel frustrated and angry with his homeland. He would often compare the two countries and find himself shaking his head in disbelief at the state of Nigeria. He began to express these feelings publicly, criticising the country and its people. He even went so far as to suggest that those living in Nigeria were better off staying where they were and not trying to leave for a better life abroad.

SEC Classifies Binance Stablecoin ‘BUSD’ as an ‘Unregistered Security’

By
Paul Ugbede Godwin
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0

The SEC has labeled BUSD as an “unregistered security”, and is suing its issuer, Paxos. But how on earth is a STABLECOIN considered a security, when it clearly doesn’t meet the Howey Test criteria. No one has ever had “the expectation of profit” when buying $BUSD.

The SEC’s lawsuit against Paxos, the issuer of $BUSD, highlights the ongoing regulatory uncertainty in the cryptocurrency space and the need for clarity and consistency in the treatment of cryptocurrencies and stablecoins. Regardless of whether stablecoins like BUSD meet the criteria of the Howey Test, it is important for the industry to work with regulators to establish clear guidelines and regulations for the use and issuance of stablecoins.

Adam Cochran tweeted on microblogging platform Twitter that; Howey test = precedent for investment contracts. “Securities” is a much broader category defined by the 1933 Securities Act.

Honestly, if the SEC wants to, with how vague the Act is, it’s fairly easy to put anything under it. note, debenture, evidence of indebtedness, certificate of interest, collateral trust certificate, certificate of deposit, rights, or in general any interest or instrument known as a security, or certificate of interest or participation in, or right to.

The fact that these assets hold underlying treasuries, makes them a lot like a money market fund, exposing holders to a security, even if they don’t earn from it. Making an argument (not one I agree with, but a reasonable enough one) that they can be a security.

However, Changpeng Zhao, CEO at Binance, insisted on Twitter that “BUSD, even though called Binance USD, is NOT issued or redeemed by Binance. BUSD is issued and redeemed by Paxos. And funds are”. Paxos has been directed to cease minting new BUSD by the New York Department of Financial Services (NYDFS).

Paxos is regulated by NYDFS and BUSD is a stablecoin wholly owned and managed by Paxos. As a result, BUSD market cap will only decrease over time. Paxos will continue to service the product, and manage redemptions. Paxos also assured us the funds are SAFU, and fully covered by reserves in their banks, with their reserves audited many times by various audit firms already.

“IF” BUSD is ruled as a security by the courts, it will have profound impacts on how the crypto industry will develop (or not develop) in the jurisdictions where it is ruled as such. Binance will continue to support BUSD for the foreseeable future. We do foresee users migrating to other stablecoins over time. And we will make product adjustments accordingly. eg, move away from using BUSD as the main pair for trading, etc. Given the ongoing regulatory uncertainty in certain markets, we will be reviewing other projects in those jurisdictions to ensure our users are insulated from any undue harm.

What about the reserve funds of binance, There are more BUSD allocated in the exchange than that of BNB so what happens if BUSD dumps? More than 16% of Binance reserve was allocated to BUSD the PoR was earlier displayed on CoinMarketCap but not anymore.

In a different twist, the Legendary “Bullish DTMP Pattern” has just appeared for the first time on the charts since 2020. The BDMP Pattern is characterized by;

  1. A large dump usually preceded by months of declining price

  2. Complete reduction of volatility that appears as near perfect sideways or crab price action

  3. A large pump that engulfs the previous dump price action that came right before volatility obliteration

  4. A slight pullback that does not breach below original dump pattern

  5. If 1,2,3 and 4 hold true, the next phase of this pattern is a breakout to the target (for this setup specifically, is around $27,000 per Bitcoin.

BNB, Matic and Cosmo Plummet as BUSD Depegs following SEC’s Overhang

Meanwhile, following the recent Security and Exchange Commission [SEC] fiasco classifying BUSD as an unregistered security, the price of BNB the native token of Crypto Exchange Binance has tanked in the red, few hours after the news of SEC suing Paxos Issuer of the BUSD Stablecoin. Currently BNB is trading at $288, a negative of -10% compared to its early Monday price of $321 while the Binance Stablecoin BUSD Depegs to $0.96/7 range on the four hours chart stretch.

Circle, the issuer of USDC, ratified the Binance-pegged USD— BUSD months ago. Blockchain is transparent they say Zhao knows it and allowed the opposite anyways, the outburst on Paxos is precipitating a bank run on Binance.

Polygon (MATIC) dropped by as much as 10% to start the week, as the global cryptocurrency market cap plunged on Monday. Following a high of $1.29 on Sunday, MATIC/USD slipped to an intraday low of $1.16 earlier today. Today’s move saw the token fall to its lowest level since February 1, when MATIC was trading at a bottom of $1.06.

Cosmos $ATOM was another notable mover on Monday, as it also dropped to a multi-week low. ATOM/USD fell to a floor of $12.85 earlier in the day, which comes less than 24 hours after trading at $13.94. Monday’s drop in price sees ATOM trade at its weakest point since January 30, when the token bottomed out at $12.78.

Interestingly, the ATOM Prop95 proposal has passed, the proposal introduces a Grant Program for the Cosmos Hub —ATOMAccelerator. The primary goal of the Program is to drive value to ATOM by providing an alternative source of funding.

Tekedia Live topic- design thinking and innovation

By
Ndubuisi Ekekwe
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0

At 7pm WAT on Tuesday, we will continue our academic festival with the zen-master of design thinking and #innovation when our Faculty, Aderinola Oloruntoye, of SAP, takes us into an excursion on how to design and innovate. Zoom link in the Board.

Tekedia Institute Mini-MBA >> learn from the best

Registration continues here.

Tekedia Institute offers Tekedia Mini-MBA, an innovation management 12-week program, optimized for business execution and growth, with digital operational overlay. It runs 100% online. The theme is Innovation, Growth & Digital Execution – Techniques for Building Category-King Companies. All contents are self-paced, recorded and archived which means participants do not have to be at any scheduled time to consume contents. Besides, programs are designed for ALL sectors, from fintech to construction, healthcare to manufacturing, agriculture to real estate, etc.

The sector- and firm-agnostic management program comprises videos, flash cases, challenge assignments, labs, written materials, webinars, etc, and is delivered by a global faculty coordinated by Prof Ndubuisi Ekekwe. It will run from Feb 6, 2023 to end May 6, 2023. Tekedia Institute, Boston USA, awards certificates of achievement at the end of the program.

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