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Three Coins To Help Revive Your Portfolio This Holiday Season; Big Eyes Coin, Dogecoin, and Internet Computer Protocol

By
TI Partners
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0

Cryptocurrencies will be one of the most widely used forms of digital currency by 2023. As a result, their prices have risen dramatically. Many people rely on digital money as it becomes a more valuable commodity. As the use of cryptocurrencies grows, online merchants and business owners are accepting them as a form of payment.

Crypto experts believe that long-term investing is the key to success. In other words, investors tend to avoid risky short-term returns. While Bitcoin is well-known for its success, other coins are not as popular but still regarded as successful. Big Eyes Coin (BIG), Dogecoin (DOGE), and Internet Computer Protocol (ICP) are three popular and successful cryptocurrencies.

Dogecoin (DOGE) – The Pioneer of Meme Coins

Dogecoin (DOGE) is the first meme coin and also the world’s largest meme coin by market valuation. Dogecoin is responsible for the recent meme coin trend in the cryptocurrency sector, and its success has prompted the introduction of other meme coins. Shiba Inu (SHIB), Floki Inu (FLOKI), and Akita Inu (AKITA) are some well-known crypto names.

Dogecoin (DOGE) stock is listed on multiple important crypto platforms, including Binance, Coinbase, Huobi Global, and BIlaxy, as a top ten cryptocurrency by market cap. The coin stands out for its low transaction prices and quick transaction speeds. It’s no secret that Dogecoin (DOGE) is arguably faster and more efficient than other industry-leading cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH).

Dogecoin’s (DOGE) price prediction also indicates that the coin may make a solid recovery in 2022. Dogecoin (DOGE) is predicted to climb 100% by the end of this year to trade at $0.155. As a result, people who purchase Dogecoin (DOGE) today may quadruple their investment by the end of 2023. This surge, however, will be dictated by the changes being worked on by the Dogecoin team, particularly in terms of increasing the coin’s usability.

Internet Computer Protocol (ICP) – The Platform Finding Solutions to Blockchain’s Problems

Internet Computer Protocol (ICP) is a decentralized blockchain platform that assists users in developing Web 3.0 solutions to problems. Internet Computer Protocol (ICP) aims to improve data storage and computation efficiency, speed, and decentralization. Also, this project aims to address traditional internet flaws such as centralization, poor system security, and personal data misuse. The Internet Computer Protocol (ICP) establishes a link between sovereign networks dedicated to forming a “world computer,” which is used to enable decentralized Web 3.0 services.

The Internet Computer is powered by ICP, its native token. It also allows users to execute smart contracts and act as an intermediate store for token swaps. Because of the platform’s simple user interface, anyone can create decentralized applications (dApps) on the blockchain, and because Internet Computer Protocol (ICP) runs on a dedicated hardware created by independent parties rather than centralized data servers, its decentralization is as solid as a rock. Internet Computer currently has a billion-dollar market cap and has the potential to be a profitable coin in the long run.

Big Eyes Coin (BIG) – The Next Best Meme Coin

Big Eyes Coin (BIG) is a new cryptocurrency that has the potential to boom like the popular Dogecoin (DOGE). BIG is a crypto token that powers Big Eyes Coin, a new cat-themed community project. Like Dogecoin (DOGE) and Shiba Inu (SHIB), Big Eyes Coin (BIG) is a meme coin.

Also, Big Eyes Coin (BIG) aspires to provide its users with the best benefits that a top crypto project can offer. It will offer incentives to loyal users and rewards for trading the token. Big Eyes Swap is a token exchange platform that the company hopes to launch as soon as possible. Users can exchange their Big Eyes Coins (BIG) for other tokens, and educational materials will be provided. This feature will aid the Big Eyes Coin project in its goal of simplifying DeFi.

It also works to promote ocean conservation efforts. The Big Eyes Coin project is also donating 5% of its token reserve to charity organizations focused on marine habitat conservation. The Big Eyes Coin project also has plans for NFTs, as it will soon release its one-of-a-kind cat-themed NFT collection. When the NFTs are released, users can trade and swap them on decentralized exchanges. Big Eyes Coin’s goal is to be among the top ten NFT projects in less than a year after launching its NFTs.

Furthermore, the team behind Big Eyes Coin (BIG) is doing a bonus tokens giveaway, to claim your bonus tokens use the code: BIGsave618 when buying BIG  tokens.

To find out more about Big Eyes Coin (BIG), visit the links below:

 

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

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

The Sandbox (SAND) Falls, Dogecoin (DOGE) in the Red, While Snowfall Protocol (SNW) Continues to Move Up in Prices

By
TI Partners
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0

The Sandbox (SAND) and Dogecoin (DOGE) continue to falter and fall as they struggle to find solid ground to begin their recovery. Meanwhile, Snowfall Protocol (SNW) is racking up double-digit growth rates almost every alternate day. Here’s what’s happening to these cryptos:

The Sandbox (SAND)

The Sandbox (SAND) has been the ultimate fantasy of every video gamer since the first arcade game hit the market. The Sandbox is an open metaverse of games. Gamers can buy, sell, and create unique NFTs on The Sandbox. They can play games of their choice on the platform or simply roam around. Developers can create games on the platform, all powered by the native token SAND. The Sandbox also allows users to buy real estate on the platform and use it to offer services like video games to users.

The Sandbox is everything video gamers have ever dreamed of. Therefore, it initially attracted millions of players to its platform. Since players can play to earn on The Sandbox, for a while, it appeared that The Sandbox would take over the traditional video gaming industry altogether. However, that has not happened. In fact, The Sandbox is wallowing in failure as it has lost over 90% of its value since its all-time high. Almost all players have left the platform too. The Sandbox is still in its nascence and has a long way to go before it becomes a contender against the traditional gaming industry.

Dogecoin (DOGE)

Dogecoin (DOGE) is the prime example of what happens to an entirely speculation-driven asset. Dogecoin is a meme coin. Apart from its potential as a meme coin, Dogecoin offers little else. To be fair, the “meme coin” tag has carried Dogecoin quite ahead. Many platforms like Reddit and Twitter have used Dogecoin to reward content creators. There were even talks of Dogecoin being accepted by Tesla, the electric carmaker, as valid payment. However, Elon Musk eventually backtracked on the hype, and Dogecoin crashed.

The fact that Dogecoin has big names like Musk and Ethereum’s founder, Vitalik Buterin, as advisors has not helped either. Also, the unceasing proliferation of other meme coins trying to displace Dogecoin as the biggest meme coin is not helping it either. At best, Dogecoin’s future is uncertain; at worst, its best days are already in the past.

Snowfall Protocol (SNW)

Snowfall Protocol (SNW) is a cross-chain bridge that connects multiple blockchains into an interconnected ecosystem. Imagine a crypto-verse that is fully interconnected. Users could transfer data, assets, and funds between any cryptos of their choice without much hassle or paying huge fees. That’s what Snowfall Protocol (SNW) is creating – an interconnected metaverse. Using Snowfall Protocol (SNW), users could instantly move their NFTs from The Sandbox to Decentraland or transfer funds from Tether to Binance USD.

Snowfall Protocol (SNW) also offers numerous other benefits like staking, yield farming, asset swapping, lending, borrowing, and other features that make its native token, SNW, highly attractive. Between its presale and stage 3 sale, Snowfall Protocol (SNW) has shot up by 400% in value. It’s currently selling below $1, making it affordable for small retail investors. It’s expected to grow by another 1,000% before market forces slow down its growth rate.

 

Website: https://snowfallprotocol.io

Telegram: https://t.me/snowfallcoin

Presale: https://presale.snowfallprotocol.io

Twitter: https://twitter.com/snowfallcoin

Rate That Crypto (RTC) Has the Potential to Surpass Cosmos Hub (ATOM) and Polkadot (DOT)

By
TI Partners
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0

The crypto market is expanding fast, and the value that individual project brings to the table is the major reason for this vast expansion.

Two blockchain-based cryptocurrency projects, Cosmos Hub (ATOM) and Polkadot (DOT), have established themselves as industry leaders. New cryptocurrency projects’ blockchains, like Rate That Crypto (RTC), are more advanced and competitive.

Polkadot (DOT)

Polkadot is a protocol that connects blockchains — allowing data and value to be sent across previously incompatible networks (Ethereum and Bitcoin, for example). Also, the project has been designed to be fast and scalable. The $DOT token is used for governance and staking; it can be bought or sold on many exchanges.

Polkadot (DOT)’s growth rate was once higher than Ethereum (ETH). The platform’s native token, $DOT, is a vital feature of its user-driven governance ecosystem. Polkadot (DOT) was a huge success in 2021.

Roughly in November 2022, it reached a new peak, bringing lots of profit for investors. But, fast forward to today, a huge number of investors are going elsewhere because the Polkadot (DOT) project has stagnated.

Cosmos hub (ATOM)

Cosmos is an ecosystem of tools and networks for creating interoperable blockchains. This focus on interoperability and customizability sets Cosmos apart from other projects.

Rather than prioritizing its network, the project aims to foster an ecosystem of networks that can share tokens and data programmatically, with no central party facilitating the activity.

Every independent blockchain created within Cosmos is connected to the Cosmos Hub, which maintains a record of the state of each zone and vice versa.

The Cosmos Hub, a proof-of-stake blockchain, is powered by its native token, $ATOM cryptocurrency.

Things got pretty bad for the platform in 2020. A combination of factors, such as the Covid-19 pandemic, saw the price of the token fall, reaching a record low on March 2020.

There was some recovery later in 2020 as the token reached a high for the year at $8.52 in August. However, the token is currently trading down over 70% from its all-time high as investors rush to sell their stakes in the company.

Rate That Crypto (RTC)

Among the cryptocurrencies that have the potential to generate significant profits in 2023, Rate That Crypto is the most attractive. This is because the coming years belong to crypto assets with real value and solid use cases.

Rate That Crypto is a play-to-earn gaming platform where users make bullish or bearish predictions against their favorite tokens over a specified timeframe.

Players compete among themselves to earn enough points to be among the top 100 in the leaderboard for the monthly season; this qualifies them to earn the platform’s native token, $RTC, and NFTs.

Apart from being a play-to-earn gaming platform, Rate That Crypto offers its users free crypto education; this section is designed to help users quickly learn about cryptocurrency with simple, relevant, and engaging content.

Rate That Crypto is currently holding its presale, offering investors an excellent opportunity to buy $RTC at a low price with the anticipation of getting high returns once the token is listed on major exchanges.

Rate That Crypto is already making waves and is steering to be one of the best crypto presales of the year. So now is the right time to purchase Rate That Crypto token.

>> Buy Rate That Crypto Now <<<

For the latest news on Rate That Crypto check out the RTC Discord Server and join the telegram group.

 

For more information on Rate That Crypto visit the links below:

Presale Website: www.ratethatcrypto.com

Linktree: https://linktr.ee/ratethatcrypto

Nigeria’s Largest Public Companies as at Dec 31 2022

By
Ndubuisi Ekekwe
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1

According to Nairametrics data, these are the largest public companies in Nigeria as at Dec 31 2022. Dangote Cement actually lost momentum there, possibly investors repriced it and went for BUA Cement. The founder of BUA Group is evidently a king in the market now, when you see that BUA Foods and BUA Cement are well represented.

Nairametrics determines the valuations of listed companies using their market value which are publicly available. This is unlike the valuations of many privately-held companies which are often based on venture capital or private equity.

What the data is saying: The Nigerian equities market, represented by its All Share Index, ended December with a total market capitalization of about N27.9 trillion.

The most revealing is that despite using a favourable exchange rate, no Nigerian bank is valued more than $2 billion. We really need to do better in Nigeria.  Did you notice that all the three there lost momentum from 2021?  (South Africa’s Standard Bank Group is worth about $17 billion).

If these banks do not have strong market cap numbers (leave the balance sheets), how do you expect them to fund the promises of the future? What this means is clear: Nigeria needs to build a banking institution that can fund catalytic projects, instead of rent-seeking institutions, which feed on transaction fees at the downstream of the economic space.

There are massive opportunities at the upstream in the economy (think of funding roads, bridges, dams, etc) but if investors do not see value therein, the resources required may not come. People, Nigeria needs a really modern banking system.

Comment on Feed

Comment: nteresting chart by the way. Without the benefit of further in-depth research, I can see a lot of insights besides your succinct analysis.

  1. It’s almost as if BUA foods jumped out of obscurity in relative terms. Must be interesting knowing what the 2022 play book was.
  2. Wonder what kind of promise Airtel Africa made to its staff during the 2022 operating period for the gross dwarfism MTN witnessed in relative terms?
  3. Kudos to Seplat for salvaging the dwindling image of oil and gas ? in Nigeria.

Like you have posited, our financial institutions need to upgrade their operating models, perhaps a more aggressive similitude of Soludo’s 2004 capitalization drive would force the dial to move.

My Response: I think Nairametrics picked the market caps of these companies on Dec 31 2022 and put in a chart.  They made all of us better. To your comments:

  1. On BUA Foods, it was listed last year as a public company. So, no data existed for prior years
  2. Airtel Africa includes other countries unlike MTN Nigeria. So, as Nigeria struggled, some other African countries did just well. Largely, MTN Nigeria might have done better than Airtel Nigeria (absolutely did better I am sure) but Airtel Africa is what is listed.

Comment: Interesting. Quick question Ndubuisi Ekekwe do we need more big banks to create more big companies or more big companies to create big banks. Which comes first?

My Response: I am not sure you need BIG companies to create big banks. My understanding is that your need a solid credit base/funding base/liquidity base/etc to fund opportunities of the future. Since “banks” are the vehicles, we need banks with war chests to ramp up economic growth.

Those opportunities of the future should not be driven by one company. The goal is to expand the economy and not necessarily to have big companies. In my part of Nigeria, men divide their assets to support people. What happens is this: you will not have extremely rich people, but you will have a dynamic community where everyone is fine but none is super-rich.

Sure – the banks are companies. At the end, it comes down to government policies. The policies can get those banks to become bigger but asking them to combine to be in positions to do useful and bigger things over collecting rent-transaction-fees.

Salesforce to Cut Global Workforce by About 10%

By
Samuel Nwite
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0

Salesforce on Wednesday announced a plan to cut about 10% of its workforce and reduce its real estate footprint, joining the growing number of companies laying off employees as the tech industry confronts widening economic headwinds.

The company’s chair and co-CEO, Marc Benioff, said most of the layoffs will take place in the coming weeks. He explained in his letter to employees that Salesforce grew headcount too much during the pandemic, compounding its financial strains as revenue eventually declined.

“I’ve been thinking a lot about how we came to this moment. As our revenue accelerated through the pandemic, we hired too many people leading into this economic downturn we’re now facing, and I take responsibility for that,” Benioff wrote.

Between January and October 2022, Salesforce reported a headcount of 73,541 and 79,824 global employees, per CNN.

Salesforce was not alone though. Several other companies in the tech sector upped their headcount following the pandemic-induced economic boom that forced a shift to digital life. But it was short-lived. As life returns to normal, the companies begin to face the reality of declining revenue. That was exacerbated by the recent Russia-Ukraine war that has triggered inflation and potential recession across economies globally.

The situation has created a buoy for layoffs by a growing number of companies in the tech sector. On Wednesday, video-sharing platform Vimeo said in a regulatory filing that it would cut approximately 11% of its workforce.

Meta, Twitter, Amazon and other firms have also announced cutting workforce as consumer demand dwindles. Their CEOs, just like Benioff, admitted miscalculating the pandemic boom that they based their decision to increase headcount on.

Following the announcement, Shares of Salesforce surged more than 3% in early trading Wednesday.

In his letter Wednesday, quoted by CNN, Benioff said impacted employees in the United States will “receive a minimum of nearly five months of pay, health insurance, career resources, and other benefits to help with their transition.” He added that those outside the United States “will receive a similar level of support.”

“The employees being affected aren’t just colleagues. They’re friends. They’re family. Please reach out to them. Offer the compassion and love they and their families deserve and need now more than ever. And most of all, please lean on your leadership, including me, as we work through this difficult time together,” Benioff said.

Besides layoffs, firms in the tech sector are taking stringent measures, including operational changes, to cut cost. CNN reported that Salesforce made a significant change to its C-Suite and co-CEO and Vice Chair Bret Taylor said he is stepping down from his roles at the company at the end of January.

Salesforce is planning to trim employee numbers by 10%, amid concerns over the current economic climate. In a regulatory filing on Wednesday, the software company, which counts around 80,000 staff, said it hired more people than it needed during the pandemic and had already been hit by changes in customers’ spending habits. Its workforce restructuring is expected to finish by the end of the 2024 fiscal year and cost the company up to $2 billion. Salesforce previously laid off hundreds of people in November, mainly from sales. (LinkedIn News)

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