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Three Cryptocurrencies To Keep An Eye Out For In The Ongoing Bear Market – XRP, Elrond and Big Eyes Coin

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It has been quite an eventful year for the cryptocurrency industry. Looking back, what stands out the most are the events of what many crypto enthusiasts dub the “craziest week in crypto history”, a week that featured mind-boggling occurrences that shook the industry to its knees. Now, in the fourth and final quarter of the year, the industry continues to battle a never-ending bear market that has severely strained its day-to-day activities, such as trading and investing. In the past week, the world’s largest cryptocurrency, Bitcoin (BTC), fell to $19,000, and although it has pumped again, it just further proves the extreme volatility that has been a familiar feature of the ongoing bear market.

Within the bear market, however, certain cryptocurrencies are making waves and catching the attention of crypto analysts and experts. These cryptos are showing much promise and could be valuable assets in the current climate. An example is the Big Eyes Coin (BIG), the upcoming meme coin that seeks to revolutionize Decentralized Finance (De-Fi) and aid the development of the sector. Other examples include XRP (XRP) and Elrond (EGLD). We take an in-depth look at all three altcoins and what makes them fantastic investment options below.

XRP (XRP)

The sole focus of the XRP (XRP) platform is to help banks and other financial institutions move money faster and without fees. It is a blockchain platform utilizing blockchain technology to provide quicker and more efficient service to the banking and finance sector.  XRP (XRP) does not rely on energy-intensive mining to work or create a new currency. It instead makes its native cryptocurrency, XRP, all at once and gradually sell it as and when it needs to.

XRP (XRP) bridges cryptocurrency and traditional banking with its native token, XRP, which acts as a go-between to exchange fiat such as dollars and pounds into crypto. The token is a top 10 crypto by market cap and is available on several prominent crypto platforms within the industry, such as Binance, Coinbase and FTX.

Elrond (ELGD)

Elrond (ELGD) is a blockchain network that achieves immense scalability and significant transaction throughput thanks to an adaptive state-sharing system. It is able to push through 15,000 transactions per second (tps) with instant finality and possesses the capacity to remedy the limitations of older, well-established blockchain networks to deliver faster, more robust tech that can scale a much larger user base.

Its native cryptocurrency, EGLD, is an integral part of its ecosystem and is essential to its operation. EGLD is used across the network for transactions, validator rewards, governance, staking, and smart contracts. It is available on prominent crypt platforms within the industry.

Big Eyes Coin (BIG)

Big Eyes Coin (BIG) is a new cryptocurrency currently attracting a lot of interest within the cryptocurrency industry. The token’s appeal lies in its massive supply, roadmap and various use cases and real-life applications. It is a 100% community-owned token that seeks to unconfuse Decentralized Finance (De-Fi) and pioneer the advancement and development of the sector. Big Eyes Coin (BIG) will also serve as a medium of interaction within its community and the cryptocurrency industry. Its lack of transaction taxes or gas fees makes it ideal for adoption by crypto traders.

Big Eyes Coin (BIG) is currently on presale and is on course to smash the $20 million mark set by the team. The token looks likely to become a valuable asset in the current climate and could very well be the next big cryptocurrency, as predicted by crypto experts. For more information on the Big Eyes project, click here.

 

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

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Top Pick NFT Coins in the Cryptocurrency Market Today: The Sandbox, Theta Network and Rocketize Token

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Year 2021 was when the NFT became mainstream, with the cryptoverse brimming with testimonials about how it turned out the cryptocurrency market. Today, NFTs have become deeply embedded into various blockchain protocols and depending on how you position your portfolio; you too can have a shot at this crypto gold mine. In this article, we talk about the top pick NFT coins in the cryptocurrency market, namely The Sandbox (SAND), Theta Network (THETA) and Rocketize Token (JATO).

The Sandbox (SAND)

The Sandbox (SAND) is a Metaverse protocol that features players from different parts of the world coming together to explore the Sandbox protocol, as well as to interact and network with each other. Every user in the Sandbox network gets to create  personalized characters and then use these characters to compete in any of the platform’s games.

There is a reward in the network’s in-game currency, SAND, for users who complete a required task. Essentially, the Sandbox features various types of NFTs with vast utilities and use cases, and this has helped it generate buzz and stay relevant in the cryptocurrency markets.

Much like every other crypto, the SAND token has been on a bearish trend, it unarguably stands out for the relative stability in its cryptocurrency price when compared to other tokens. According to CoinMarketCap at the time of writing, SAND is selling at $0.91.

Theta Network (THETA)

THETA is the utility and native token of the Theta Network, a blockchain protocol that powers live streaming applications for users in the cryptocurrency market. Theta Network (THETA) was founded in 2017 by Jjeyi Long and Mitch Liu. Crypto merchants can trade Theta Network tokens on three cryptocurrency markets, namely AAX, Binance and Digifinex. The Network is common for incentivizing computer networks to operate decentralized video streaming outlets andfor use the THETA network.

Today, Theta blockchain is the only decentralized video streaming network that offers end-to-end services as an economic and technical solution for its users. The Network enables its users to broadcast videos, offering them extra bandwidth and computing resources and rewarding them for such activities. In the main, Theta Network (THETA) offers superlative quality, smoother video streaming, and a decentralized peer-to-peer network that makes it easy to access global streams at a much lower cost.

The Theta Drop NFT platform is built on the Theta Network, released in 2021. The main aim of Theta Drop NFT Marketplace is the gaming, esports, and entertainment industry. Theta Drop offers a real-time NFT marketplace where NFT drops and auctions are streamed live. It is aimed at increasing user engagement on the THETA platform. This marketplace opened with the World Poker Tour digital collectibles and operates under Theta Labs Inc, registered in Cupertino, California.

According to CoinMarketCap, the price of THETA today is $1.11, and though severely affected by the crypto collapse, it is one of the best NFT-based coins to buy. As a trader or investor, you could be making a good decision with THETA.

Rocketize Token (JATO)

Rocketize Token (JATO) is a meme coin designed to power a community-governed project of crypto users for DeFi, NFT and Web 3 utilities. JATO is nothing like the memecoins we have in the cryptocurrency market today, as it departs from the zero utility trend to offer an extra topping of DeFi-focused utilities to its holders. The community is the most powerful aspect of Rocketize Token, which, apart from its excellent use cases, seeks to leverage its use of the Binance Smart Chain’s decentralized network to amplify JATO’s benefits to the general public.

So far, much of the meme sector of the cryptocurrency market has only seen dogecoin-inspired meme coins take center stage in recent times, but JATO is changing that narrative to become a huge success, despite the current crypto collapse.

Rocketize Token is keen on the DeFi market, where it seeks to inspire a fresh wave of retail innovation. The network is decentralized and open source, and the protocol is designated to operate according to the rules and guidelines established for every regular decentralized autonomous organization (DAO). Rocketize Token (JATO) has pledged to promote the arts and media and stimulate a creative and enabling environment for its community and users.

It seeks to create a breakthrough crowdfunding program for the community in order to empower JATO community content creators and artists with new business models positioned to enjoy the vast possibilities of NFTs and micro-transaction apps available in the cryptocurrency market today.

Users can generate and store such NFT collectibles and sell them on the Rocketize Token NFT AGORA, a marketplace designed to support JATO meme trading card collection.

Bonus

Rocketize Token (JATO) rewards investments of up to $1000 with a 20% bonus, and 45% for investments up to $2500.

Click this link to read more about Rocketize Token (JATO).

Presale: http://rocket.rocketize.io/

Website: http://rocketize.io/

Telegram: https://t.me/RocketizeTokenOfficial

Moshnake, Cardano, and Cronos – The Next Three Tokens To Put On Your Watchlist

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A lot of tokens are added to the coin market daily. Some of these new coins are quite profitable as some already existing ones. Who wouldn’t want to check out tokens that might be a good return on investment (ROI) or make money while playing games in their free time? Moshnake ($MSH) is a classic snake game created from the old days’ classic and legendary hit game, “Snake.”

However, unlike the Web2 games where you only play for fun, with the new cryptocurrency token, you are making money while still having fun and relaxing. The earning benefits while in your comfort zone means that you should consider looking it up.

Similarly, Cardano (ADA) is another purchase-worthy option that might be worth putting into consideration. In the past year, it has proven to be one of the most active digital crypto assets in the coin market, and it still has a brighter future.

How about Cronos (CRO)? The first blockchain network that enables interoperability between Ethereum (ETH) and Cosmos ecosystem. It supports NFTs, DeFi, and the metaverse.

Here is why we think these coins should be on your watchlist.

The Snake Pit – Moshnake (MSH)

Moshnake ($MSH) is a Play-to-Earn NFT game inspired by Snake’s legendary hit game.  It allows users to feel like the old days’ game but with the added benefits of making money.

The players in the game can steer their own Moshnake NFT to feed it with the various eggs and in-game NFTs in the space while simultaneously battling with the other snakes present. As the player wins and gains more NFTs, he is invariably earning.

The Moshnake ($MSH) token, a BEP-20 token operating on the BNB smart chain, has different non-fungible tokens (NFTs) from which one can earn.

It promises to offer excess entertainment, team network and tactics, connected players, and combat balance. Although the Moshnake token is yet to be released,  you can enter their presale list to avoid losing this opportunity.

The Coolest Kid In Town – Cardano (ADA)

Since its launch in 2017, Cardano (ADA) remains a decentralized Proof-of-Stake (PoS) blockchain network aiming to improve interoperability,  scalability,  growing costs, sustainability,  slow transaction time, and energy use.

This crypto platform runs on the Ouroboros consensus protocol, the first Proof-of-Stake mechanism ever designed to reduce energy expenditure. It does this by reducing the enormous computing resources the Proof-of-Work mechanism uses.

With the staking mechanism, its users can stake their assets for the chance to become a validator, increasing the earning capacity of the user. The staking determines the ability of a node to open blocks on the blockchain.

Each node’s stake equals the amount of ADA it holds in the long run. When the ADA is pledged, the user cannot spend or use it because it acts as collateral for honest and thorough validation.  In the end, the users are rewarded through transaction fees, increasing their earning capacity.

With the incorporation of smart contracts into the crypto platform, it has become one of the most active digital crypto assets enabling its users to participate in the operation using its native cryptocurrency, ADA.

Transfers Assets Easily – Cronos (CRO)

The token powered by Ethermint allows for the rapid porting of smart contracts and apps from Ethereum (ETH) and EVM-compactible chains.

Cronos (CRO) aims to significantly increase the number of Web3 users by enabling builders to instantly port crypto assets and ports from other chains. This operation is done at low cost, high speed, and fast finality.

Being an EVM chain built on the Cosmos SDK, it allows its users to enjoy the advantages of both systems. Its multichain interoperability feature seamlessly enables users to transfer digital assets within the Cosmos ecosystem.

The Moshnake (MSH) token is yet to launch, but the probability of earning from it using its NFT feature is high. In the same way, Cardano (ADA) and Cronos (CRO), which are already in the market, pose the same earning benefits as well. Regardless of the current bear market, these coins should not be off your watchlist.

 

Moshnake

Website: https://moshnake.io

Telegram: https://t.me/MoshnakeOfficial

Twitter: https://twitter.com/moshnakeToken

Fantom, PancakeSwap, and Big Eyes: Three Cryptocurrency Projects That May Make You a Crypto Millionaire

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Most investors that enter the cryptocurrency markets aim to become crypto millionaires. These investors pray for bull markets and use price predictions to place bets on various tokens. The cryptocurrency market has been in a bear market for the last seven months and has left some investors liquidated and other hopes dashed. Although it seems like everything is gloomy, there is still hope for these investors to outperform the bear market. This market cycle allows investors to buy the dip and purchase undervalued tokens. This will enable investors to earn outsized returns on the portfolio and get closer to their crypto millionaire dream.

Before investing in any project, it is important for you to research the project thoroughly. This research will give you a better grasp of the fundamentals of the project. Additionally, it will enable you to understand tokenomics and how it affects the token price. Fantom (FTM), PancakeSwap (CAKE), and Big Eyes (BIG EYES) are three cryptocurrency projects that will bring you closer to your crypto millionaire dream. Read below for a summary of each of the projects.

Fantom (FTM)

Fantom (FTM) is a smart contract blockchain that utilizes a DAG (Directed Acyclic Graph). It uses its unique consensus algorithm (Lachesis) to provide developers with a suitable platform to develop their projects. Fantom will change how users interact with the DEFI ecosystem as it offers speed and quick settlement in under two seconds. In addition, it supports the building of dApps for various purposes. Fantom was created in 2018, but Mainnet was launched in 2019. The Fantom blockchain was built to offer competition to existing layer 1 blockchains.

The Fantom blockchain offers users cheap fees, higher throughput, and faster settlement times. In addition, Fantom has created the ideal sandbox for developers to build DEFI projects and faster DEFI dApps. Its focus on the DEFI ecosystem ensures that it is able to bring more users into DEFI. The FTM token is used for various purposes, including staking, settlement, governance, and network fees.

PancakeSwap (CAKE)

PancakeSwap (CAKE) is a decentralized exchange for trading and swapping BEP-20 tokens. BEP-20 tokens are native to the Binance Smart Chain. PancakeSwap uses an Automated Market Maker (AMM) that allows users to swap BEP-20 tokens in liquidity pools controlled by smart contracts. On the protocol, users can earn fees and provide liquidity through farming. PancakeSwap launched in September of 2020 during the pandemic period, also known as “DEFI summer”, in the crypto ecosystem. The liquidity pools are funded by liquidity providers who deposit their tokens in exchange for LP tokens. These LP tokens can be exchanged to redeem deposited tokens and accrued fees.

PancakeSwap LP tokens are FLIP which can be used to farm CAKE and SYRUP tokens. Liquidity providers can stake their tokens on the farm to get the CAKE token. PancakeSwap facilitates the seamless trading of BEP20 tokens on the Binance Smart Chain and rewards liquidity providers with fees. Users can stake CAKE, earn CAKE, and swap CAKE for other tokens on its protocol.

Big Eyes (BIG EYES)

Big Eyes (BIG EYES) is a DEFI community token aiming to increase users’ access to decentralized finance protocols. The project will also funnel liquidity into DEFI using its token, which it will make available to its users. To place the project in the hands of its community, Big Eyes will make 90% of its tokens available at launch. Furthermore, the project will reduce the barrier to entry and allow more users to access DEFI by eliminating all complexities. Big Eyes will also be involved in charity events and outreaches, as 5% of the token’s supply will be held in a charity wallet.

The BIG EYES token plays an important role in the ecosystem and will allow users to get the most out of the DEFI ecosystem. Join the ongoing BIG EYES presale to earn bonuses in any of the presale stages. Also, you can earn bonuses by inviting your friends to purchase BIG EYES tokens. Start stacking those bonuses today!

 

Big Eyes Coin (BIG)

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

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

2023 Election and the Challenge of Supporting Younger Presidential Candidates

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In advance of the general elections in 2023, the Independent National Electoral Commission released the complete list of candidates for a number of national positions. Currently, some Nigerian socio-political groups are debating what will happen to candidates who have been marked by the electoral body with court orders. Political scientists and public affairs analysts are debating the gender disparity that has been identified as well as the complete disregard of political parties for the inclusion of candidates with disabilities.

According to the electoral body, “In summary, all the 18 political parties have fielded candidates and their running mates for the Presidential election. For legislative elections, 1,101 candidates are vying for 109 Senatorial seats and 3,122 candidates for Federal Constituencies i.e. House of Representatives seats, making a total of 4,223 candidates contesting for 469 legislative positions.

“In terms of gender distribution, 3,875 candidates are male, made up of 35 for Presidential and Vice Presidential, 1,008 for Senate and 2,832 for House of Representatives. Similarly, 381 females comprising 1 for Presidential, 92 for Senate, and 288 for House of Representatives are contesting. There are also 11 Persons with Disability (PWDs) in the race.”

Overall, discussions remain highly intellectual and intriguing ahead of the presidential election, which has been described as the most open election because the candidates of the three dominant parties (APC, PDP, and LP) have a clear chance of entering the presidential villa in 2023. Aside from that, our analyst looks at the age of the candidates presented by 18 political parties for presidential and vice-presidential positions. According to our data, the total age of the 36 candidates presented by the parties is 1,964 years. The average age of the president and vice-president is 54 years and five months.

According to the analysis, 17 of the 36 candidates (47.22%) are older, while 19 (52.77%) are younger. In the context of this piece, older refers to candidates with a higher number of years for age classification, whereas younger refers to candidates with a lower number of years in comparison to other candidate (presidential or vice presidential) from the same political party. According to the analysis, 18 of the 19 younger candidates are male, while all 17 older candidates are male. The data revealed one female younger candidate.

The 18 vice presidential candidates have a combined age of 930 years, compared to the 1,034 years of the presidential candidates. The average age of presidential and vice-presidential candidates, according to average analysis, is 57.44 and 61.66 years, respectively.

The combined age of the 17 male older candidates is 1,023 years, while the age of the 18 male younger candidates is 897 years. The only female candidate is 44 years old. Fourteen of the 17 older candidates have a total age of 845 years and are running for the presidency, while the remaining three candidates have a total age of 178 years. Four of the 19 younger presidential candidates have a total age of 189 years, while the remaining 15 candidates with the same age disparity and vying for vice presidential position have a total age of 752 years.

Exhibit 1: Cumulative Age of Presidential and Vice-Presidential Candidates

Source: Independent National Electoral Commission, 2022; Infoprations Analysis, 2022

Exhibit 2: Age of Presidential and Vice-Presidential Candidates

Source: Independent National Electoral Commission, 2022; Infoprations Analysis, 2022

Analysis shows that the People’s Redemption Party and Action Alliance are closer to and within the average age of all candidates, respectively, across political parties and positions. According to our analyst, candidates from these political parties stand a good chance of winning if voters decide that electing a younger president and vice president will be better for the growth and progress of the nation. However, the candidates would not be on many voters’ minds in 2023 due to issues such as being smaller parties, a lack of resources to mobilize voters, and low recognition.

Exhibit 3: Political parties and their closeness to average age of presidential and vice-presidential candidates

 

Source: Independent National Electoral Commission, 2022; Infoprations Analysis, 2022