Decentralized Finance (DeFi)

This Upgrade May Make Terra Classic (LUNC) Holders Happiest Investors

This Upgrade May Make Terra Classic (LUNC) Holders Happiest Investors

Terra Classic lately stole the show from various digital coins after staying in the backbench over the past few months. The digital token gained approximately 20% yesterday, making it among the most debated digital assets on August 26. While publishing this blog, LUNC traded at $0.00011816, with 6,907,072,876,045 overall supply. The primary reason behind this sudden uptick is the LUNC network update release, which catalyzed new investor hopes. Heightened Community Excitement The price surge saw LUNC supporters flooding Twitter, reacting to the swift price surge following months of dormancy. Moreover, the overjoyed community commented on potential upsides for LUNC to…
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Uniswap (UNI) Endures a Massive Hit; Why HODLing Might Be the Solution

Uniswap (UNI) Endures a Massive Hit; Why HODLing Might Be the Solution

Uniswap (UNI) nears a critical junction as the top decentralized exchange faces a gripping condition. The protocol has witnessed a barren run since overtaking Curve in most utilized DEX. For instance, Uniswap registered new lows in July, with trading volume plummeting to $37.8 billion, 2022's lowest mark. Furthermore, July's figures remain far by $24.8B from May's $62.7 billion – the yearly peak. Do Not Leave Yet Surprisingly, Uniswap has stayed busy lately after surging on the charts in market cap. UNI's growth over the week reflects such developments. Nevertheless, the altcoin endured a brief fall as other leading cryptos recorded…
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1INCH: Why Near-Term Bearish Retracement Remains a Possibility

1INCH: Why Near-Term Bearish Retracement Remains a Possibility

The bearish performance in the overall crypto market during the 2022 first half had 1INCH extending its downsides from its ATH by a staggering 93%. Despite that, the platform maintained impressive development activity. That has been the narrative with most crypto projects targeting long-term growth. However, can that aid recovery in 1INCH? The alternative token shows revival signals despite the massive fall. 1INCH has (so far) gained around 67% from June's lowest price level. Furthermore, 1INCH experienced some selling strength during this publication. That came after the alt encountered resistance at the 23.6% FIB retracement area. The FIB retracement retest…
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Tezos (XTZ): What for Investors that Bought the June Bottom?

Tezos (XTZ): What for Investors that Bought the June Bottom?

Tezos (XTZ) holders, specifically those who bought around the June market bottom, are up nearly 60%. Nevertheless, the altcoin just hit its initial massive resistance. That means a significant pullback could emerge this weekend. The altcoin has so far pushed to the $1.94 high this month. That represented a 62% surge from 2022's lowest mark. Its press time price of $1.88 appeared to highlight the massive selling momentum around that value area, catalyzing a brief retracement on the price charts. Meanwhile, the 23.6% FIB level fueled the mentioned selling momentum. What from XTZ Around the Mentioned Level? Prices often move…
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Chainlink (LINK): Investors Might Leverage This Setup’s Break for Profitability

Chainlink (LINK): Investors Might Leverage This Setup’s Break for Profitability

After May's inverse head & shoulder, bears have restricted buying moves around the $9.29 mark for about three months. As the price traversed beneath the 4-month trend-line support (past resistance), sellers kept securing new multi-month lows up to mid-June. However, the previous month confirmed a stable buying comeback as Chainlink kept this trend-line support to retest $9.29. The present pattern might catalyze a near-term drop before buying comebacks. While publishing this blog, LINK changed hands near $9.055. Chainlink Daily Timeframe LINK buyers have remained committed to reclaiming crucial price zones since sweeping 2-year lows on June 13. The previous month…
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Tezos (XTZ) Might Challenge $2.5 Daily Resistance – Price Analysis

Tezos (XTZ) Might Challenge $2.5 Daily Resistance – Price Analysis

Tezos price trends reveal bullish trends. XTZ has resistance at $2.5. The support level stands at $1.81. Tezos price reveals bullishness as the alternative token climes towards $2.09 following a slight consolidation around the $1.80 value area. Bulls stepped up to catalyze upside actions after XTZ broke past an ascending triangle setup. Meanwhile, Tezos dipped into a consolidation period after rising towards $2.49, trading within an ascending triangle setup as bears and bulls battled for market dominance. Bulls saw victory as they drove XTZ to $2.09, eyeing the target at $2.49. Breaking beyond this area would see Tezos exploring $3…
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Cryptos to Watch This Week: BTC, XRP, SOL

Cryptos to Watch This Week: BTC, XRP, SOL

Bitcoin's drop to $25.8K and the Terra ecosystem fallout triggered crashes in the marketplace as most tokens witnessed double-digit losses. Bitcoin price tried to regain levels beyond $30,000. The global crypto market capitalization hovers beneath $1.3 trillion. Some of the cryptos to watch this week are BTC, XRP, and SOL. The broad crypto marketplace witnessed bearish waves over the past week as Bitcoin lost near 30% within ten days to hit $25K, levels last seen in late 2020. The Bitcoin-driven plummets and fallouts in Terra's UST and LUNA saw the cumulative market cap crash to $1.28 trillion at this publication.…
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Top Ethereum Killers to Consider in 2022

Top Ethereum Killers to Consider in 2022

Investors have heavily grilled the Ethereum network over the past couple of years. That is due to congestion, slow speeds, and high gas fees. As this competitive field sees constant innovation, users and developers look for blockchains that meet demand without hassle. This article highlights some leading blockchains that enthusiasts believe will overcome Ethereum's TVL with time. Solana (SOL) Solana tops our list. Backed by billionaire Sam Bankman-Fried, it is a decentralized network created to ensure user-friendly, scalable apps for the market, and Solana gained increased popularity. Solana attracted many developers looking for Ethereum alternatives due to high fees and…
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