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Six Top-Level Cryptocurrencies To Watch Out For In 2023

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The cryptocurrency market has fueled the emergence of new digital industries such as decentralized finance, meme currencies, and gaming apps. Decentralized finance (DeFi) has transformed online financial transactions, making them more secure and private, while gaming tokens and meme currencies have significantly affected how traditional games and trading are experienced.

Big Eyes Coin (BIG), Aave (AAVE), Ripple (XRP), Zcash (ZEC), Litecoin (LTC), and Algorand (ALGO) are great examples of successful cryptocurrency initiatives that have had a big impact on financial transactions by utilizing blockchain. This article will examine the benefits that these currencies will offer to their users and investors.

Big Eyes Coin (BIG)

Big Eyes Coin (BIG) is a fascinating community token that positions itself as a welcoming and appealing investment vehicle for channeling cash into the DeFi ecosystem in order to secure a critical component of it.

Big Eyes Coin aims to differentiate itself from other community currencies by creating a blockchain environment that allows for quick expansion through the utilization of non-fungible tokens (NFTs) that give users more access to content and events. Instead of the usual dog meme coin design, the site has chosen to promote itself using cats. Big Eyes Coin is the only cryptocurrency initiative that generates profit, offers a welcoming community, and also benefits the environment. If you like this project, there is a good chance of winning some free tokens with this promo code BIGG2119 when purchasing a BIG token. Happy trading!

Ripple (XRP)

Ripple (XRP) is a global payment system that enables instantaneous and low-cost transactions. Unlike other cryptocurrencies, Ripple (XRP) is not intended to replace banks, but rather to increase the effectiveness of banks and their operations with one another and the broader financial system through the use of blockchain technology.

Banks and individual traders appear to have confidence in Ripple (XRP), making it a safer option than other alternative cryptocurrency projects. Furthermore, in most cryptocurrencies, where new coins are constantly issued and mined, Ripple (XRP) has a fixed number of units, making Ripple (XRP) cryptocurrency worth considering for 2023. Ripple (XRP) is now around $0.40 and is anticipated to be worth more than $0.5 by April 2023.

Aave (AAVE)

Users of Aave (AAVE), a decentralized lending network based on Ethereum, can accrue profits on cryptocurrency deposits. Its features include Crypto Collateral Loans, which allow users to utilize cryptocurrencies as collateral for loans, and Flash Loans, which enable users to borrow money against their deposits without first selling them. The native token of Aave, called AAVE, is utilized to cover platform charges and give users access to platform administration.

Its distinctive features put it in a prime position to take advantage of the growing need for DeFi apps. Its lending protocol is also one of the few DeFi protocols that are currently operational on the mainnet. We suggest buying Aave (AAVE) at the current price due to these factors. The price of Aave is currently US$66.19, and its 24-hour trading volume is $60.07 M. Interestingly, only a day ago AAVE increased by 0.56%.

 

Zcash (ZEC)

Zcash (ZEC) is a decentralized blockchain network that promises to be entirely committed to the security and confidentiality of its holders and transactions. With the help of zero-knowledge proof technology, network nodes can confirm transactions in Zcash (ZEC) without disclosing any crucial details about them.

Zcash’s optional anonymity is a standout feature since it offers a level of privacy that other currencies that use pseudonyms, like Bitcoin or Ethereum, do not. The objective is to give private businesses an alternative to following tax laws and anti-money laundering regulations. The price of Zcash is currently US$46.49, and its 24-hour trading volume is $37.33 M.

Litecoin (LTC)

The Litecoin (LTC) network, which was created to offer quick, safe, and affordable payments by utilizing the special characteristics of blockchain technology, uses Litecoin (LTC) as its governance token.

Litecoin (LTC) has had a fantastic run since its creation in 2011, but like many other cryptocurrencies in this bear market, it had a fail in price.  Although Litecoin (LTC) investors may have to wait a while, the cryptocurrency may regain its position in 2023. The current price of Litecoin is $80.21 USD, and its 24-hour transaction volume is $715,226,650 USD.

Algorand (ALGO)

Algorand (ALGO) is a fast-growing cryptocurrency project that offers interoperable transactions with low fees. It is a simple coin that is listed on a number of fantastic exchanges where consumers may obtain government assistance. It also has a rapidly increasing NFT market, which may entice more investors to purchase Algorand (ALGO). Experts have developed some good price projections this Christmas based on these potential characteristics of the cryptocurrency market. The current price of Algorand is US$ 0.2468; with a 24-hour transaction volume of $47.37 M. ALGO has gained 1.15% in the previous 24 hours.

Here Are Five Tokens That Belong In Your Crypto Portfolio

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The cryptocurrency market offers a variety of options for making money, just like any other financial sector, without a doubt. Investors can benefit from the ups and downs in currency prices to boost their wealth despite the market’s turbulence. Every cryptocurrency trader aspires to make money off the newest digital assets. Due to this, a lot of traders broaden their holdings by using several crypto coins.

In the cryptocurrency market, there are several projects with various features. The six options that stand out for those having problems with choosing among investing options are Big Eyes Coin (BIG), Chiliz (CHZ), Dogecoin (DOGE), Polygon (MATIC), and Tamadoge (TAMA). The return potential for these tokens has historically been very substantial. Keep on reading as we go deeper.

Big Eyes Coin (BIG)

The emerging community coin Big Eyes Coin (BIG) is one project in which we have faith. There are two causes for optimism with BIG. The platform is based on decentralized financing (DeFi) which is a remarkable innovation. The DeFi ecosystem will become stronger as a result of Big Eyes Coin’s ability to channel user monies into it.

Additionally, BIG has a charitable component. Each transaction will include a 5% contribution towards the protection of the oceans. DeFi, which has recently shown extraordinary growth, is the subject of BIG’s attention. Another benefit of jumping on the BIG bandwagon is that the platform enables token holders to make significant environmental contributions. If you like this project, there is a good chance of winning some free tokens with this promo code BIGG4380 when purchasing a BIG token. Happy trading!

Chiliz (CHZ)

Chiliz (CHZ) is a leading blockchain-based fan interaction platform that allows sports clubs, tournaments, and organizations to create and manage their digital currency. Chiliz tokens can also be given out as a way of appreciating the support and participation of fans in the team’s activities. This is an excellent strategy for teams to encourage fan engagement, which may increase ticket and merchandise sales as well as overall brand loyalty.

Two of the top football teams in the world, Manchester City and Barcelona, are presently Chiliz partners! Since the start of the world cup, investor demand for Chiliz has been high. The native CHZ coin of the Chiliz platform can be used to cast ballots or purchase fan tokens. With the aid of such a unique product, CHZ keeps its position as the industry leader in the area of sports fan interaction. With a 24-hour transaction volume of $99,533,324, Chiliz’s price currently is $0.153013. In the past 24 hours, Chiliz has increased by 1.64%.

Dogecoin (DOGE)

Some consider Dogecoin (DOGE) to be the first “meme coin,” and in 2021 its price explosion caused a stir. Some major corporations accept the coin, which features a Shiba Inu image as its avatar, as compensation. Dogecoin was created in 2013 by two software developers, Billy Markus and Jackson Palmer. According to reports, Markus and Palmer invented the coin as a joke in response to the irrational speculation in the cryptocurrency market. The price of Dogecoin is currently $0.098216, and its 24-hour trading volume is $433,214,113.

Polygon (MATIC)

The $MATIC currency will continue to grow and will become more crucial to the system’s governance and security. Users can now purchase Polygon at Bybit, the third most popular cryptocurrency exchange in the world and the one with the fastest rate of growth in India. They recently announced collaborations with other companies, including Disney, Instagram, and Facebook. Matic is a reliable option if you enjoy Layer 2.

 

Snowfall Protocol (SNW) Revels In Presale Success While Eos (EOS) And The Sandbox (SAND) Price Growth Fails To Attract Investors

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Crypto Investors consistently search for strong crypto projects to invest in. Though cryptocurrencies like Eos (EOS) and The Sandbox (SAND) couldn’t perform as expected, the new crypto, Snowfall Protocol (SNW), is emerging as a fruitful investment.

Its price jumped from $0.005 to $0.14 within weeks. Keep reading ahead to learn more about Snowfall Protocol (SNW), and why it is a better investment compared to Eos (EOS) and The Sandbox (SAND).

Eos (EOS) Sees A 10.05% Drop In 14 Days

In 2022, Eos (EOS) community made significant product launches to enhance its network performance. It introduced a new yield product for investors, and a new Antelope protocol. But this approach backfired on the Eos (EOS) community as tokens experienced a sharp fall after the launches.

Throughout the year, Eos (EOS) struggled to live up to the expectations of investors. Till early December 2022, mild progress in price was seen when Eos (EOS) was trending between $0.90 to $1.04. But the last 14 days’ data show a sharp decline in the price by 10.05%.  The current year-to-date price of Eos (EOS) is 70.3% down. Eos (EOS) price is currently fluctuating between $0.879059 to $0.8904.

Price prediction for Eos (EOS) by Wallet Investor suggests it to be a bad investment for 2023. Prediction states that Eos (EOS) price can fall to $0.1059 within the next year. The insignificant price growth of Eos (EOS) over the last few years has caused investors to lose interest in this project.

The Sandbox (SAND) Performs Lower Than Expectations

Currently, The Sandbox (SAND) is trending at $0.44225. It is expected to rise by 8.11% in the next 5 days and reach $0.47957. Though the price predictions for The Sandbox (SAND) show an upturn in price charts, investors are unsatisfied. The Fear And Greed index of The Sandbox (SAND) shows a Fear value of 28. It means The Sandbox’s (SAND) performance hasn’t been convincing for investors. It could be the result of unfavorable long-term price fluctuations of The Sandbox (SAND).

Despite an expected rise in the next 5 days, The Sandbox (SAND) is 29.77 down from the last 14-day. Moreover, 22 technical indicators predict a bearish pattern for The Sandbox (SAND) in the upcoming months.

Wallet Investor price forecast suggests The Sandbox (SAND) to be a high-risk investment option for the next 1 year. There is also a possibility that current investment will get devalued in the next few months. As per the 1-year forecast, The Sandbox (SAND) price might drop to $0.1042. Thus, The Sandbox (SAND) is failing to attract investors who prefer good returns.

Snowfall Protocol (SNW) Emerging As A Winner

Snowfall Protocol (SNW) features an innovative dApp prototype, which is compatible with non-EVM and EVM chains, provides cross-chain asset swaps (fungible and non-fungible), and offers many other advanced solutions. The futuristic approach of Snowfall Protocol (SNW) enabling cross-chain transfers has made it one of the hottest crypto projects in the market.

Its 2nd presale phase sold out a day earlier. The 3rd presale phase of Snowfall Protocol (SNW) is live and will end in less than 2 weeks. The token is leading with a 400% price rise. Snowfall Protocol (SNW) has sold over 195 million tokens to date, yet, the number of buyers for Snowfall Protocol (SNW) is steadily increasing.

Investors are impressed by Snowfall Protocol (SNW) growth trajectory resulting in its presale success. Snowfall Protocol (SNW) has a lot to offer to its early adopters. Experts predict up to 5000% gains to early investors after token launch in January 2023. Thus, if you haven’t already, buy Snowfall Protocol (SNW) tokens on presale today and receive the best returns later!

get in while you can and invest in Snowfall Protocol (SNW) today!!!

 

Presale: https://presale.snowfallprotocol.io

Website: https://snowfallprotocol.io

Telegram: https://t.me/snowfallcoin

Twitter: https://twitter.com/snowfallcoin

The Lithium of Zimbabwe, Coal of Enugu – And Britain’s Reopening of Coal Mines

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“No lithium-bearing ores, or unbeneficiated lithium whatsoever, shall be exported from Zimbabwe to another country except under the written permit of the minister…“If we continue exporting raw lithium we will go nowhere. We want to see lithium batteries being developed in the country. We have done this in good faith for the growth of industry,”  Zimbabwe Government position.

Zimbabwe is home to Africa’s largest deposits of lithium. You use lithium to make batteries for smartphones, EV vehicles, electronics, etc. It is one of the most important raw materials in the modern global economy. If Zimbabwe executes this policy (without the typical Africa backdoor cheats), this country will have resources to advance.

Just three decades ago, University of Harare was a center of learning when Mugabe was at the zenith of his presidency. The University of Warwick’s admission package had its photo. That Zimbabwe can return to its past glory if they can make $billions from this new industry, stabilize the economy, and drive growth.

Zimbabwe has imposed a ban on the export of unprocessed lithium, according to a government notice seen by Reuters on Tuesday, in a bid to stop artisanal miners who the government says are digging up and taking the mineral across borders.

The southern African country holds some of the world’s largest reserves of hard rock lithium, a vital mineral in the production of clean energy technologies.

Chinese giants Zhejiang Huayou Cobalt , Sinomine Resource Group  and Chengxin Lithium Group have over the past year acquired lithium mines and projects worth a combined $678 million in Zimbabwe and are at various stages of developing mines and processing plants, which would exempt them from the ban.

As that move happens, I also call other African leaders to check the latest move in London: “UK approves first coal mine in decades, sparking anger among environmentalists as energy costs soar”. Yes, the UK will be firing coal after preaching to Nigeria and others that coal was evil. That is why Enugu has no electricity because our leaders followed without thinking. With the Russian cheap energy sources gone, the UK did not pretend: burn the coal and power the economy, climate change matter will come later.

(Sure, I support saving the earth but I posit that a nuanced strategy is key for Africa. You cannot put Enugu in darkness because London, Brussels, etc told you so, when they would not do the same thing under similar circumstances.)

The United Kingdom this week approved its first new coal mine in 30 years, provoking anger among environmentalists who said the move is a step back for the country’s ambitions toward clean renewable energy.

The decision on the mine in the Cumbria area of northwest England came hours after the Conservative-led government reversed a ban on building new onshore wind farms in Britain. That was viewed by some opponents as a cynical attempt to offset criticism of the mine decision.

This report from Vanguard explains the struggle, quoting Nigeria’s former finance minister.

The Minister of Finance, Mrs Kemi Adeosun, has accused western powers of being a stumbling block to Nigeria’s plan to improve power output through the use of coal. Adeosun said this on Wednesday in Washington during a discussion on the importance of addressing infrastructure gaps in developing countries at the World Bank, International Monetary Fund General Meetings.

She said that improving power supply was the corner stone of the current administration’s goal towards economic development, yet finding it difficult to get support from western community. “We want to build a coal power plant because we are a country blessed with coal, yet we have power problem. So it doesn’t take a genius to workout that it will make sense to build a coal power plant.

“However, we are being blocked from doing so, because it is not green. This is not fair because they have an entire western industralisation that was built on coal fired energy. “This is the competitive advantage that was used to develop Europe, yet now that Nigeria wants to do it, they say it’s not green, so we cannot.

“They suggest that we use solar and wind, which is the more expensive. So yes, Africa must invest in its infrastructure, but we must also make sure that the playing field is level,” she said. Adeosun said that in spite of the need for foreign borrowing to finance the country’s infrastructure gap, the strategy was to get the cheapest money.

Comment on Feed

Comment 1: A nation without a vision and strategy will be part of another nation’s vision and strategy. Leaders have visions and create strategies. Unfortunately, most African countries don’t have leaders. Don’t confuse people in leadership roles with leaders. True leaders are purposeful and have plans to lead their people to the promised land. Africa will continue to be exploited until we have people in leadership roles that have a plan for the nations.

Comment 2: We be real mumu.
We will sign all manner of international treaties, regulations and conventions without thinking.
If anyone try to develop a coal power plants at Enugu, the hurdles that will be placed on that person’s path by the State Ministry of Environment, the Federal Ministry of Environment, NESREA and all manner of other government Agencies and officials will be too humongous and scare the hell out of such investor.
The irony of it all is that none of the officials would ever take a step back to ask the basic questions:
How has Africa impacted the global environment relative to the other parts of the world? The obvious answer is negligible.

How is Africa impacting the global environment at the present relative to the other parts of the world? The obvious answer is, negligible.
And without industrialisation, Africa will hardly have any impact on the global environment.
The unfortunate part is that without radical changes, Africa can hardly develop, given the quantum of treaties, conventions and regulations that have been designed to tie us down that our official representatives and government officials have signed without thinking.

BNB Chain Unique Wallet Address Now Surpasses Ethereum, Bitcoin

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In a Dec. 22 tweet from the BNB chain developers, it was revealed that the number of unique addresses on the Build and Build BNB Chain has now overtaken Ethereum, making BNB Chain the largest layer 1 blockchain in the world. Ethereum presently has over 217 million unique addresses, according to Etherscan.

BscScan estimates that the BNB Chain contains roughly 233 million distinct addresses. This suggests that by this criterion, BNB Chain is bigger than ETH

The developer claims that this makes BNB Chain “the largest layer 1 blockchain in the world.” However, blockchain data shows that the Bitcoin network is still larger than both BNB Chain and Ethereum.

According to Etherscan, Ethereum currently has over 217 million unique addresses. By contrast, BNB Chain has over 233 million unique addresses, according to BscScan. This implies that BNB Chain is larger than Ethereum as judged by this metric.

On the other hand, the Bitcoin network has over 1 billion unique addresses, making it larger than both of these networks combined.

The statement was made as part of BNB Chain’s “Year in Review.” The post also highlighted other significant milestones that the BNB network has reached over the past year. The network capped out at 9.8 million transactions per day in May and reached 2.2 million daily active users (DAUs) in October, with DAUs being defined as the number of unique addresses per day that interact with a smart contract.

The developers credit the network’s success in 2022 to several initiatives implemented this year. The BNB Sidechain protocol allowed decentralized application (DApp) developers to run their DApps on separate shards of the network, reducing congestion and lowering transaction costs.

Secondly, the team funded a builder grant and $10 million incentive program for DApp developers, which led to more DApps being created for BNB Chain and this, in turn, attracted more users.

Additionally, soulbound tokens were introduced, which allowed users to register wallet addresses for Know Your Customer (KYC) purposes by holding non-transferrable tokens in their wallets. The developers claim that this increased BNB Chain’s reputation in the nonfungible token and Web3 gaming community.

Finally, the team credited its growth to the launch of Avenger DAO, an API that alerts users of BNB Chain whenever they interact with contracts flagged as malicious. In the team’s view, this made users feel more safe browsing the BNB network, leading to more user retention.

Despite these successes, BNB Chain is still criticized by many in the blockchain community for being too centralized. The post does mention that the network added 23 validators this year and plans to add 60 more in the coming months, which should help to make the network less centralized than it was before. By comparison, Ethereum has over 400,000 validators.