DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 4475

Solana (SOL), Snowfall Protocol (SNW), and Aptos (APT) are Exploding. Why?

0

Altcoins are making a huge comeback over the past seven days as they’ve surged 60% in value. Among the altcoins that have bucked the larger downward trend, Solana (SOL), Snowfall Protocol (SNW), and Aptos (APT) are leading the sharp recovery. Although significant ups and downs are pretty much routine events in the crypto world, the recent performance of altcoins demands attention. Here’s why these coins are rallying.

Solana (SOL)

The De-Fi is a self-correcting universe, which course-corrects itself with never-ending experiments and feedback loops. Solana is one of the more successful experiments created as an answer to the “Ethereum Problem.” Ethereum blockchain has notoriously high fees and low transaction speed. Solana solves this problem with its hybrid proof-of-history (PoH) consensus and proof-of-stake (PoS) consensus blockchain. Transactions are executed at lightning speeds, and Solana is designed in a way that the gas fees will always be low, even when the userbase grows exponentially. Naturally, Solana’s founders had no qualms about calling it the “Ethereum killer.”

Despite the tall promises, Solana has been struggling for well over a year. It has lost over 80% of its value during this time. However, in a stark turnaround, Solana bottomed below $10 and rebounded to $24. The sharp 70% growth in its value has left everyone surprised. Whether it’s the launch of BONK, a new meme coin, on Solana or the planned migration of Helium blockchain to the platform, Solana is appreciating in value sharply.

Snowfall Protocol (SNW)

Although many altcoins have made positive progress this week, Snowfall Protocol (SNW) has topped the list of best-performing altcoins with a strong 87% appreciation in price. The interoperability bridge connects multiple blockchains and allows the transfer of assets and info between them. So far, Snowfall Protocol (SNW) has had three rounds of presales, and its launch is scheduled for early February 2023. Although the platform has already revealed a prototype dApp, its core features like crypto swapping, staking, yielding, and dex services will be made available after the launch. As the launch date approaches, Snowfall Protocol (SNW) continues to shoot up in value.

Snowfall Protocol (SNW) is expected to hit $1 over the next few weeks. So, it’s still affordable for ambitious retail investors who want to hold onto the next 1,000x crypto.

Aptos (APT)

Aptos is a layer-1 blockchain designed to overcome the challenges facing crypto developers, such as speed, scalability, and upgradability. Transactions on Aptos are executed almost instantly, and the platform can process up to 150,000 transactions per second. Aptos uses Rust, a programming language designed to make blockchain adoption seamless for developers. They can easily build dApps using Aptos smart contracts and scale up or down effortlessly.

Aptos launched only a few months ago, at the lag end of 2022, at the height of crypto winter. Since its launch, Aptos has suffered a significant price drop, but is posting a fast recovery in 2023. So far, Aptos has raised hundreds of millions of dollars in funding from investors alone. Currently, Aptos is valued at over $1 billion and is growing rapidly.

 

Website: https://snowfallprotocol.io

Telegram: https://t.me/snowfallcoin

Presale: https://presale.snowfallprotocol.io

Twitter: https://twitter.com/snowfallcoin

Big Eyes Coin Raises Over $16million In Presale, Dash, And ThorChain: Altcoins With Upward Rally Potential

0

Big Eyes Coin (BIG), Dash (DASH), and ThorChain (RUNE) are crypto assets that can boost your portfolio’s potential. The cryptocurrencies have a high possibility of rallying in months to come, as analysts named them one of the potential buys that could yield high returns for crypto investors.

The new cryptocurrency, Big Eyes Coin (BIG), has shown promising potential since going on presale. It’s now in its ninth presale phase, with about $16 million raised. Having raised a whopping $1 million in 24hrs. Big Eyes (BIG) has enjoyed high adoption and increased prominence and will likely leverage these factors when it goes public. The unique meme coin is prepared for a great year and could be a profit-yield token alongside Dash (DASH) and ThorChain (RUNE). 

Dash (DASH) – Transfers Made Faster 

Dash is a decentralized blockchain and digital currency that aims to make global transactions cheaper, faster, and permissionless. The open-source network functions similarly to Bitcoin (BTC) but aims to offer more privacy and faster transaction speed than the peer-to-peer digital currency and blockchain.

It is a fork of Litecoin (LTC) which in turn is a fork of Bitcoin (BTC). However, it has unique features that make it stand out. Dash features include PrivateSend for optimum privacy during transactions, ChainLocks for security and increased immutability, InstantSend for fast transaction speed (instantly settled payments), masternodes, and others.

Dash (DASH) aims to be the most scalable and user-friendly digital currency for global payments. The platform’s masternodes, backed by collaterals on the platform, power its functionality. The digital currency is gradually growing in adoption, and its value could increase as its market reach increases as an acceptable payment medium.

Dash (DASH) has been around for quite a while but has failed to reach its $1.6K+ all-time high in the last few years, and analysts believe the new year isn’t the time for it to make such a huge recovery. However, it could rally upward significantly to beat its year-high of about $156. Dash (DASH) has the potential to achieve this.

ThorChain (RUNE) Liquid Transition Made Easy 

ThorChain is a DeFi protocol for liquidity provision and crypto trading. It’s one of the liquidity protocols that ensures users are exposed to a lesser risk of impermanent loss while allowing seamless asset exchange across different networks. ThorChain makes asset swap seamless by acting as an Automated market maker (AMM), eliminating the need for order books to source liquidity.

It is a non-profit-oriented protocol. Only participants (node validators and liquidity providers) earn from the fees generated on the platform. The protocol has a native currency, RUNE, which facilitates governance and contributes to the platform’s security. It equally functions as a crypto asset for investors and has great upward potential. The crypto asset is at a low price where a surge could yield huge returns, and you may be glad you took the risk of adding it to your portfolio.

Big Eyes Coin (BIG) To Launch Imminently 

Meme coins are known for their high propensity to experience unprecedented price increases, and Big Eyes (BIG) could be the next meme to experience such a great occurrence. The cat-theme token is set to launch on major crypto exchanges soon, and analysts believe it could experience an upward rally from that point onward.

The Big Eyes token (BIG) is the native currency of the Big Eyes ecosystem — a decentralized Ethereum-based protocol with DeFi utility and NFTs application. Big Eyes will feature a swap, marketplace, and a fast-growing community filled with fun and incentives. The meme coin will have a unique set of non-fungible tokens (NFTs), which users can leverage to access some of the ecosystem’s benefits, and real-world financial gains.

Big Eyes token (BIG) will be used to pay transactions and facilitate rewards. The meme coin is still on presale at a low price, and you can join the presale to benefit from its anticipated upward rally.

The hot-off-the-press latest in Big Eyes News is…

Big Eyes Coin will launch immediately if 12 MILLION is raised by the end of January.

In order to bring the launch ahead, use code LAUNCHBIGEYES200 to receive a HUGE 200% BONUS bringing our launch closer!

By using the code, you will be getting a 200% bonus on your purchase! To clarify further,  when you purchase 10$ worth of Big Eyes using the code  LAUNCHBIGEYES200 it will show as 30$ (200% bonus) on the buy page. If we do not reach 12 million by the end of January, we will continue the pre-sale as normal (The code is active until Feb 3 23:59 UTC +0).

IF everyone doubles their previous purchases Big Eyes will launch INSTANTLY!

Once the bar hits 51 MILLION – BIG EYES WILL LAUNCH.

Additionally, we will be awarding the 5 highest purchases with a 100% bonus and EVERY DAY 5 random purchases will receive a 50% bonus! Winners will be picked EVERY DAY and announced at 4 pm UTC+0.

 

Big Eyes Coin (BIG):

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

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Where To Buy the Dip in Q1, 2023 – Polygon and Big Eyes Coin

0

Most crypto enthusiasts are familiar with the infamous term ‘’buy the dip’’, but what does this mean? For those who have not been investing in crypto for a long time, buying the dip has long been done in all forms of investment and trading. The term describes investing when prices are low and selling when they are high.

This seems to be an obvious answer as it makes the most profit in any scenario. For example, in sales, you purchase items from a wholesaler and sell them at a slightly higher price to gain profit for being the middleman. Though there isn’t a middleman in crypto, it works similarly.

There is one significant difference however, as crypto is highly volatile, you have to research markets and cryptocurrencies that are ‘’dipping’’. This is to ensure the ‘’dip’’ is only temporary and doesn’t lead to a long-term decline, making you lose out on profit.

This piece will help you target a few cryptos that are in their ‘’dip’’ stage and explain why they are great investments for the first quarter of 2023. Some of those dipping are PancakeSwap (CAKE), Polygon (MATIC) and Big Eyes Coin (BIG).

Big Eyes Coin Is A Presale Coin Close To Launch Date; Get In On It While You Can!

Big Eyes Coin (BIG) is an up-and-coming meme coin that is currently in the ninth stage of its presale. Though its presale has only been live for a few months, it has already raised over $16 million. It brings a new take on the meme coin, opting to use a cat to represent the coin instead of a dog, thus, creating more buzz.

Big Eyes Coin (BIG) is set to launch by the end of January if it makes an extra $12 million and will launch immediately if that number hits $51 million. Big Eyes Coin (BIG) is offering a massive 200% bonus at the checkout to those who use the code LAUNCHBIGEYES200! Though it has not launched yet, it can still be seen as in somewhat of a ‘’dip’’ stage. As it is to launch soon, prices will dramatically increase and make it more expensive, so make sure you buy now and gain 200% extra tokens!

Polygon Is Dipping Constantly This January

Polygon (MATIC) is a popular cryptocurrency that operates using the Ethereum blockchain. MATIC, the native token of Polygon (MATIC), is an ERC-20 token. Polygon was launched to connect and grow Ethereum-compatible projects and blockchains. It has many benefits, including but not limited to fast transaction speeds and low transaction fees. Polygon (MATIC) also offers increased flexibility compared to Ethereum (ETH).

Crypto is generally experiencing a good year so far, Polygon (MATIC) included. However, Polygon has seen a few blips and small dips. This is the best time to invest in Polygon as it has repeatedly gained ground back after these small dips this January, making it the prime candidate for ‘’buying the dip’’.

Buying the dip is challenging to wrap your head around, but it is often the best strategy for making money in crypto. Big Eyes Coin (BIG) and Polygon (MATIC) are the top two investments for this strategy in Q1.

For more information, follow the links below:

 

Big Eyes Coin (BIG)

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

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Lagos Restricts Filling Stations’ Operations to 9:00 am to 4:00 pm to Curb Traffic

0

The current fuel scarcity rocking Nigeria, which has refused to go away after several promises by the federal government to end it, has exacerbated traffic in Lagos, forcing the state government to take unprecedented steps to ameliorate the situation.

On Wednesday, commuters in Lagos were stuck in long traffic tied to long queues at filling stations along major roads, a situation which has become the norm since the fuel scarcity began last year.

To curtail the challenge, the Lagos State Government is moving to regulate activities of major independent petroleum marketers operating on major roads and traffic prone areas.

NAN reports the commissioner for transportation, Frederic Oladeinde, announcing the move in a statement on Thursday. Oladeinde said the move by the transport ministry to regulate activities of the marketers was necessary due to lingering fuel scarcity across the country.

He said the lingering fuel scarcity had continued to affect the free flow of traffic in Lagos.

The commissioner explained that the move became imperative to check indiscriminate queuing by motorists who oftentimes park carelessly on the roads and bridges to buy petroleum products, therefore, impeding free flow of traffic.

He said petroleum marketers whose filling stations are on major highways and areas susceptible to traffic would be restricted to opening hours between 9:00 a.m. and 4:00 p.m. daily, pending when the fuel shortage crisis subsided.

Oladeinde said the government had charged the Lagos State Traffic Management Authority, Vehicle Inspection Service, Transport Operations Compliance Unit and other law enforcement agencies to ensure seamless flow of traffic across Lagos.

He advised all major and independent petroleum marketers to comply with the directive or be sanctioned.

However, the Lagos traffic situation, although it has been compounded by the recent increase in the number of vehicles waiting in line along major roads to buy fuel, needs more than regulating the activities of petrol marketers to stop.

With more than 40% of cars in Nigeria registered in Lagos, experts have said that the city needs rail transportation to reduce the number of vehicles on its roads. That is in addition to calls for more road networks that will provide alternate routes to motorists.

So far, steps taken by the government, including the dismantling of roundabouts and junctions on roads across the state and launching waterways transport, have failed to solve the perennial Lagos traffic challenge. This is partly due to overpopulation.

While acknowledging the need for a diversified transport system, Oladeinde said in 2021 that the population of Lagos is expected to rise to 35 million in the next ten years, generating 40 million trips daily, and, currently, 97% of transportation is on road.

“It’s important that we diversify the trips that we make. Of the trips that we make, 13.2 million that we make today are public transport trips of which Danfos (buses) cater for 80%, not a good story,” he said.

In December, Lagos took a bold step to diversify its transport system after its Blue Rail Line project was completed and tested by the state governor Babajide Sanwo-Olu. The first phase of the project, which is capable of moving 250,000 passengers daily, spans 13 kilometers, extending from Mile 2 to Marina, covering five stations, is expected to be commissioned by President Muhammadu Buhari this January.

While the Blue Rail Line is a milestone, experts said that Lagos needs similar projects that will offer alternate transport service to the people in major parts of the state to curtail its perennial traffic situation.

Interpellation of Presidential Candidates with Critical Questions on Nigeria’s Digital Space

0

While our analyst previously reported  how Chatham, a United Kingdom-based think tank, interpellated Senator Bola Ahmed Tinubu and Mr Peter Obi to present their plans for Nigeria, in this piece, our analyst examines the hailing of the candidates and Alhaji Atiku Abubakar on different digital platforms since the 2023 presidential election campaign began through different questions in 15 core areas.

Our analyst gathered data from global digital platforms such as Facebook, Twitter, WhatsApp, and online national newspapers, where Nigerians discussed the issues, challenges, and needs that the candidates must address before the election. According to the corpus-based digital quantitative analysis, Nigerians, particularly potential voters, want to know policies that will enhance socioeconomic and political development. According to our data, many Nigerians expect the candidates to discuss their previous governance records, stance on corruption, human rights, and foreign policy.

Our analysis shows that Nigerians want to know how the candidates will ensure good governance, safeguard the environment, enhance education, combat crime, and maintain security. Nigerians place a high priority on how poverty and gender inequality would be addressed. They also want to know how public funds would be managed, appropriate plans for creating large numbers of jobs, and comprehensive plans for addressing problems that are limiting economic growth.

Exhibit 1: Who has been queried the most?

Source: Nigeria’s Digital Space, 2023; Infoprations Analysis, 2023

Senator Bola Ahmed Tinubu received an 8 out of a possible 10 in the areas of environment, human rights, and gender inequality, while Mr Peter Obi received an 8 in the areas of policies, governance records, corruption, performance during debates, job creation, poverty, good governance, public funds management, human rights, and gender inequality. Alhaji Atiku Abubakar has also been heavily questioned in these areas. With a score of 6 out of a possible 10, our analyst observes that Senator Bola Ahmed Tinubu does not appear to be the focus of Nigerians on the various platforms from which our data was sourced in the area of policies. This also applies to economy and foreign policy areas (see exhibit 2).

Exhibit 2: Core areas of interest of the citizens across various digital platforms

Source: Nigeria’s Digital Space, 2023; Infoprations Analysis, 2023