The cryptocurrency market always finds a way to create value out of every new opportunity presented its way. The metaverse has been a great innovation to the growth of value in the overall crypto landscape. Dogetti(DETI) and MultiversX(EGLD) are two cryptocurrencies pushing the frontier of the metaverse as a utility to create wealth and build a community.

Beyond the metaverse applications, Dogetti(DETI) is a new memecoin project currently on presale and it would be looking to go for glory in the crypto market. The new project has gained some momentum since presale started and it presents a great opportunity for early investors to get in below market price. This allows for a margin of profit for most investors as the token prices are higher at launch and for even promising projects like Dogetti, the potential for massive profit is high.

Memecoins have built a reputation for being huge gainers in the market and can always help buyers who enter at the right time to make some profit. That said, there’s no better time to buy any crypto asset than presale.

MultiversX is a metaverse-focused project and is looking to lead the landscape to another wave of excitement for the technology. The cryptocurrency first caught on to the metaverse after Meta(then Facebook) rebranded to focus on helping users connect via the metaverse. This led to the emergence and blowup of several metaverse tokens in the cryptocurrency market.

MultiversX(EGLD) – Building The Metaverse

MultiversX(EGLD) is formerly known as Elrond and is a blockchain network that uses a leyer-1 sharding solution and smart contracts that solves existing scalability issues and enables the development of decentralized applications. The rebranding was announced in November 2022 and it allowed the network to shift focus to metaverse development. xFabric, xWorlds, and xPortal are three new tools introduced with the rebranding and all of them will basically help metaverse creators and users to enjoy the experience.

MultiversX joins several other companies who are building for the metaverse. Despite recent surveys indicating poor engagement levels in the metaverse, businesses are investing. Recent developments include the introduction of Office 365 apps by Meta and Microsoft, as well as the opening of a Norwegian tax office in Decentraland to cater to younger demographics.

According to a Q3 report from DappRadar, venture capital investments in blockchain gaming and metaverse projects totaled $1.3 billion from July to September. The same research states that nearly 36% of investments made during that quarter were for metaverse infrastructure initiatives.

In order to create better digital experiences for consumers, developers throughout the Web3 sector have upped their metaverse game. And MultiversX may have just landed in an ecosystem with growing value.

Dogetti(DETI) – Keeping The Family Close

Dogetti(DETI) is a new Ethereum-based dog memecoin currently on presale and is looking to lead the market into another memecoin rally. We have seen several memecoin rallies in the past and they are one of the most impressive price pumps to benefit from. Dogetti’s opportunity is unique for users who are finding out about the token this early. Buying on presale is always a golden opportunity as you get to gain an advantage for the rest of the market.

Dogetti(DETI) is inspired by mafia-themed content and explains why the dog memes are dressed as gangsters, allowing for some creative narratives for the memecoin project. The memecoin aims to build a community of tight-knit members who see themselves as family. This will help contribute to community growth and enable value growth in the ecosystem.

The Dogetti token will power several utilities across DeFi, gaming, NFTs, and the metaverse with aims of growing to the heights of top memecoin projects. With such huge prospects, buying the DETI token on presale is a high profit, low risk opportunity. Join the Dogetti(DETI) presale here now.

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

Website: https://dogetti.io/

Telegram: https://t.me/Dogetti

Twitter: https://twitter.com/_Dogetti_

It can occasionally be challenging to pick the best cryptocurrency in a crowded market because of the exponential growth in popularity of cryptocurrencies over the previous few decades. But there are plenty of treasures out there that are just waiting to be found.

The cryptocurrencies Chiliz (CHZ), Chainlink (LINK), and Big Eyes Coin (BIG) are three  undiscovered gems that are expected to have a bright future in the crypto market.

The Chiliz Sports Exchange and its Socios Ecosystem for Fan Tokens and NFTs

The first sports exchange allowing traders to speculate and trade Fan Tokens is called Chiliz (CHZ), and it operates on the Ethereum blockchain. By granting people “ownership” of their preferred sports teams, it seeks to create a distinctive environment for ardent sports fans. Fans now have a place to voice their opinions and an opportunity to suggest improvements for the squad. Without Socios, there would be no CHZ token; Socios are tokens earned by swapping them for the Chiliz cryptocurrency. Socios is a full-featured ecosystem for fan tokens.

Users have the opportunity to buy, sell, earn, and exchange NFTs using its website and mobile apps. Socios offers a variety of ways to use NFTs, including trading them with other users, winning them in contests, and exchanging them for team-themed items. Over twenty sports and esports teams receive branded NFTs from Socios, and the company has hopes to expand. The Proof of Authority (PoA) consensus method, a novel consensus mechanism, is used to audit and create Fan tokens on the Socios sidechain. Since PoA doesn’t rely on a distributed network of anonymous nodes but rather a smaller number of certified verifiers, it differs from other methods like Proof-of-Work or Proof-of-Stake. By doing this, the network’s integrity is improved.

Chainlink (LINK): Bridging Blockchain and Non-Blockchain Activities via Decentralized Oracles

One of the most distinctive ventures on the cryptocurrency market is Chainlink (LINK). Users will be able to interconnect blockchain and non-blockchain activities using Chainlink’s utility. The middleware that will link external data to blockchain data will be called Chainlink. The Chainlink blockchain can currently be connected to external data, such as stock prices and sports scores.

Chainlink (LINK) can perform what many crypto ventures can only dream of. The project will therefore continue to be in demand. The decentralized oracle layer, often known as the blockchain abstraction layer, is the technology behind this cryptocurrency. Both on-chain and off-chain computations are available to users. Hybrid smart contracts are supported by Chainlink’s internal workings.

Big Eyes Coin (BIG): A Community-Driven Cryptocurrency Revolutionizing the Meme Industry with a Feline Twist

The most recent meme to become widely popular is Big Eyes Coin (BIG). It is obvious from how Big Eyes functions that this cryptocurrency is dedicated to revolutionizing the meme industry. This token’s cat-themed design is the first intriguing aspect you’ll notice. Big Eyes adopts a lovely feline style. The artwork and branding for the token are based on this cat motif.

There are other intriguing characteristics of the token in addition to Big Eyes’ appealing strategy. This project is a community-based cryptocurrency, similar to other well-regarded meme coins. This project will be more in demand and worth more as the community gets stronger. Big Eyes gains by having a close-knit community that is only focused on the token’s expansion.

Additionally, compared to other meme currencies, Big Eyes’ maximum supply is rather lower. 200 billion BIG tokens are presently in circulation worldwide. During the launch, the development team will disperse 80% of this supply. The presale did well and brought in $24.5 million. The Big Eyes development team is dedicated to safeguarding their work. For a period of two years, they will lock the cryptocurrency’s initial liquidity.

For more information: 

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Nigeria’s Gross Domestic Product (GDP) grew by 3.52 percent in the fourth quarter of 2022 on a year-on-year basis, according to latest report released by the National Bureau of Statistics (NBS) in Abuja on Friday.

The NBS Nigerian Gross Domestic Product Report Q4 2022 said the growth is as a result of 2.25 percent increase recorded in the third quarter of 2022 and 3.98 percent in the fourth quarter of 2021.

The growth was spurred by increased performance in the non-oil sector – where agriculture put up a notable performance despite being heavily impacted by flood.

According to the report, published by NAN, the performance of the GDP in the fourth quarter of 2022 was driven mainly by the services sector, which recorded a growth of 5.69 percent and contributed 56.27 percent to the aggregate GDP.

It said although the agriculture sector grew by 2.05 percent in the fourth quarter, its performance was significantly hampered by severe incidences of flood experienced across the country.

“This accounted for lesser growth relative to the fourth quarter of 2021 which was 3.58 per cent.’’

The report, however, said the Industry sector was still challenged, recording -0.94 per cent growth and contributing less to the aggregate GDP relative to Q3 2022 and Q4 2021.

It said overall, the annual GDP growth rate in 2022 stood at 3.10 per cent, from the 3.40 per cent reported in 2021.

“Thus, the performance of agriculture and industry reduced in 2022 relative to 2021, while the performance of the services sector improved in 2022,’’ the NBS said.

The report said in Q4 of 2022, aggregate GDP stood at N56, 757,889.95 million in nominal terms.

“This performance is higher when compared to the fourth quarter of 2021 which recorded aggregate GDP of N49,276,018.23 million, indicating a year-on-year nominal growth of 15.18 per cent,’’ it said.

A breakdown by sector showed that crude oil production in the fourth quarter of 2022 recorded an average daily oil production of 1.34 million barrels per day (mbpd).

“This was higher than the third quarter of 2022 production volume of 1.20mbpd by 0.14mbpd,’’ the report added.

The NBS said the oil sector contributed 4.34 per cent to the total real GDP in Q4 2022.

The report said this showed a decrease from the figures recorded in Q4 2021 and Q3 2022, where it contributed 5.19 per cent and 5.66 per cent.

It said the total annual contribution of oil to aggregate GDP in 2022 was 5.67 per cent.

The NBS said the non-oil sector grew by 4.44 per cent in real terms during the reference quarter (Q4 2022).

The report said the non-oil sector in Q4 2022 was mainly driven by activities in Information and Communication (Telecommunication), Trade, and Agriculture (Crop Production).

“Others are Financial and Insurance (Financial Institutions), Manufacturing (Food, Beverage and Tobacco), Real Estate and Construction, all accounting for positive GDP growth.’’

It said in real terms, the non-oil sector contributed 95.66 per cent to the nation’s GDP in the fourth quarter of 2022.

The NBS said this was higher than the share recorded in Q4 2021 which was 94.81 per cent and higher than Q3 2022 recorded at 94.34 per cent.