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Breaking: SpaceN ($SN) Surge Over 2000% Amidst Market VolatilityThe cryptocurrency market has witnessed yet another jaw-dropping rally, with SpaceN ( NYSE:SN ), an NFT one-stop investment management tool, surging over 2000% within a single day. This sudden price explosion has raised several questions regarding the sustainability of such gains, given the token’s 1 billion total supply and only 40 million currently circulating in the market. Market Overview & Trading Activity SpaceN’s impressive surge has propelled its market capitalization to approximately $44.99 million, ranking it #846 on CoinGecko. However, a major concern among skeptics is the low trading volume relative to its market cap. With a reported $608,223 in 24-hour trading volume, many are questioning the legitimacy of such a steep price increase on a token with a fully diluted valuation (FDV) of over $1.12 billion. Despite the concerns, the token has shown resilience, outperforming the broader crypto market, which is down -0.80% in the last week. Over the past seven days, NYSE:SN has seen a price increase of 420.40%, making it one of the best-performing assets within the BNB Chain ecosystem. Technical Analysis Following its remarkable rally, NYSE:SN experienced a sharp retracement, currently trading down 2.72% at the time of writing. While such a correction is expected after a parabolic move, the price action remains above key moving averages (MA), hinting at a potential second leg up. Support & Resistance Levels: The recent all-time high (ATH) of $6.15, recorded on January 29, 2025, is a crucial resistance point. If bullish momentum picks up, a move toward this level is possible, with $5 acting as a pivot zone. Volume Concerns: The lack of significant trading volume and the reliance on Gate.io as its primary exchange raises questions about liquidity. A listing on a top-tier exchange such as Binance or KuCoin could be a major catalyst for further price appreciation. Trend Outlook: NYSE:SN is trading within a falling trend after the initial spike. However, if the daily candlestick closes in a bullish structure, a potential retest of key resistance zones could lead to renewed momentum. The Promise of SpaceN Beyond the price action, the fundamentals of SpaceN provide an interesting case for long-term adoption: - NFT Management Tool: SpaceN aims to be a one-stop investment management platform for NFTs, allowing users to track investment income, stay updated on NFT projects, and access NFT-focused social circles. - DAO Functionality: Users can create self-organized DAOs, trade NFTs, and build communities based on shared holdings. - BNB Chain Ecosystem: Being built on the BNB Chain, SpaceN could benefit from future integrations and potential ecosystem expansions. Final Thoughts: Is There More Room to Run? Despite its meteoric rise and subsequent correction, NYSE:SN remains a token to watch. The low trading volume relative to market cap presents some red flags, but the token’s fundamentals and the broader NFT sector’s growth could provide the necessary fuel for another push higher. A key factor will be whether SpaceN secures additional exchange listings and maintains bullish technical indicators. For traders and investors, keeping an eye on volume trends, resistance levels, and exchange-related news will be crucial. If momentum returns, a push toward $5 and potentially reclaiming its ATH could be on the table. However, caution is advised, given the volatile nature of such explosive moves. Will NYSE:SN continue its rally, or was this a one-off spike? The next few days will be critical in determining the trajectory of this NFT-focused token.
Long
by DEXWireNews
3
APENFT Great Team Great long term project 4hr Chart and daily APENFT has been sideways under resistance around .0000004524 for a while if it can find some buying volume it should make a solid move to the .0000007934 area where the next resistance will be strong. After finding support and moving past .0000008 area then after that will be ready to drop a zero as the next resistance support level will be pretty open to the .000001,,most of this will rely on btc upward momentum and or lots of bullish volume . Watch those areas for movement and strong candles. Long long term, but if btc drops support it will pull apenft down
Long
by MrDunn
Axie Infinity Unveils NFT Monetization SolutionAxie Infinity (AXS), the widely-played blockchain game and metaverse project, has unveiled a novel initiative, allowing its non-fungible token (NFT) owners the commercial rights to produce and sell authorized merchandise. This move by Axie Infinity represents a significant shift in the world of NFTs and their potential use cases, demonstrating the versatility and potential of NFTs to serve as digital assets that can be used in various ways, including generating passive income. The initiative could inspire other companies and platforms to follow suit, leading to a more diverse and prosperous NFT market. IMF bullish on Axie Infinity as whales amass AXS A recent report from the International Monetary Fund (IMF) expresses optimism about three cryptocurrencies. The report anticipates positive performance from these projects by December 2023. Axie Infinity functions as a platform enabling gamers to engage in diverse games and trade NFTs for potential profits. Despite a period of subpar performance in 2023, analysts project a recovery for AXS, surpassing $5 and reaching $7.30 by December. On Oct. 25, there had also been an increase in development activity, maintaining a level unprecedented throughout the month and contributing to heightened investor confidence. The surge in value reflects the growing interest and engagement of investors in the Axie Infinity ecosystem, aligning with the broader trend of increased attention on NFT-based gaming platforms and their associated cryptocurrencies. Continuing a trend from the previous day. This uptick in significant transactions has been notable since Oct. 27, coinciding with the asset’s sustained bullish performance. At the time of writing, Axie Infinity is exchanging hands for $6.34, representing a 6.38% increase in the past 24 hours, according to data from CoinGecko.
Long
by DEXWireNews
APECOIN is down 95% is it time to buy?I don't want to insult or judge the BAYC team for BINANCE:APEUSDT But I see pity for the holders of this token BYBIT:APEUSDT.P who have believed in NFTs which he said 1 year ago was said to be a Blue chip but now this token MEXC:APEUSDT.P has dropped -95.57%. a very crazy drop OKX:APEUSDT.P from 28,012 USD to 1,241 USD, this is very terrible! And the bottom of this token will be $1 when COINBASE:APEUSD launches this token on 14 March 2022! Good luck to the holders of this token $BITSTAMP:APEUSD!
Short
by zayndbryant
SUPER BULLISH on SOLO - SologenicHi Traders, Investors and Speculators of Charts 📈📉 Before we dive deep into the fundamentals of the new DEX Sologenic, please note that this is not a paid shill or endorsement but rather introducing a new partner to try out in your crypto journey whether you speculate coins or NFTs. Sologenic disrupts the asset trading industry by offering a decentralized ecosystem for Tokenized Securities, Crypto Assets, and NFTs. The Sologenic Development Foundation consists of independent developers dedicated to maintaining, expanding, and building the Sologenic ecosystem. Sologenic.com serves as the primary use-case for the Sologenic Ecosystem, providing on-demand tokenization of various assets, including Stocks and ETFs. There's also the mobile app for convenience and wallet creation. Sologenic, the pioneering NFT marketplace built on the XRP Ledger, has received a grant from XRPL Grants. This grant program selects open-source projects that contribute to the growth of the XRP Ledger community. The approval came shortly after the successful launch of the Sologenic NFT Marketplace in January 2022. Sologenic's vision aligns with XRP's goal of revolutionizing decentralized finance (DeFi) by offering decentralized and borderless access to financial products and services while prioritizing security and performance. By leveraging the XRP Ledger's fast and efficient consensus algorithm, Sologenic aims to provide an intuitive and cost-effective platform for NFT trading. The recent introduction of the NFT-Devnet unveiled the capabilities of the new XLS-20d technology, which enables native support for NFTs. Sologenic announced that once the technology becomes available on the Mainnet, a seamless migration of NFTs minted under the current XLS-14/SOLO methodology to the new format will be supported, preserving the history of each NFT. Operating within the same ecosystem as the Sologenic DEX, a decentralized exchange for cryptocurrencies such as XRP, SOLO, and upcoming Tokenized Assets, the NFT Marketplace offers a user-friendly interface for both newcomers and experienced traders. Sologenic aims to bridge the gap between traditional trading and NFTs, empowering users to have full control over their digital assets through their preferred private wallets. Within its first week of operation, the Sologenic NFT Marketplace witnessed the sale of 4,300 NFTs, prompting the introduction of new features. The team has implemented profile and collection verification protocols to enhance user security within the decentralized ecosystem. Noting that this is BULLISH for the price of XRPUSDT as well as SOLOUSDT, as it increases adoption and market cap considering you need about 10XRP to mint an NFT collection and 3 SOLO to mint an NFT. This is extremely affordable compared to other options in the market. SOLOUSDT has recently released and the price is dirt cheap. It looks like most of the hype and airdrop sales are over, I'd be looking to start accumulation from now onwards (even though I expect the price to drop more, so it will be spot definitely not leverage). I am EXTREMELY bullish on SOLO due to the revolutionary nature of their products including minting on XRP and coming soon the stock market trading options. POLONIEX:SOLOUSDT _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We appreciate your support ! CryptoCheck
Long
by Crypto-Check-
29
Creating NFT's on XRP Ledger with SOLO 🎨Hi Traders, Investors and Speculators of Charts 📈📉 In the simplest terms, Non-Fungible Tokens (NFTs) are digital assets stored on a blockchain. Unlike traditional cryptocurrencies, which are often traded on decentralized exchanges, NFTs represent ownership of specific items such as digital art, in-game items, music, and even real-world assets like land or property. NFTs provide a new way to store value and participate in the digital economy. While still in the early stages of adoption, some NFTs have sold for millions of dollars. How NFTs work: NFTs are digital assets that allow for true ownership of digital items. They are created using blockchain technology, which provides a unique record of ownership and prevents counterfeiting. NFTs can represent various digital assets like digital art (JPG, GIFs, PNG), sound recordings, and collectibles. While the blockchain attached to an NFT is unique, the asset itself can be copied. This brings into question the value of NFTs, and creators should understand the market and their audience. Benefits of NFTs: 👍NFTs offer unique and collectible digital assets with inherent rarity and value. 👍NFTs are resellable and tradable, allowing owners to sell or trade them with others. 👍NFTs can be easily authenticated and verified through blockchain technology, providing a transparent record of ownership. 👍NFTs can include smart contracts, which allow creators to receive royalties from every subsequent sale of the NFT. Drawbacks and risks of NFTs: 😒The NFT market is volatile, and the value of NFTs can fluctuate quickly. 😒There's no guarantee that NFT art will sell right away, and it may take time to build interest and find buyers. 😒NFTs can be a confusing concept for many people, limiting their adoption and investment potential. 😒The environmental impact of minting and trading NFTs, resulting in large carbon footprints, is a concern for some. 😒The images of NFTs can still be copied, even though the blockchain technology attached to them is unique. Steps to create and sell NFT art: 😎Decide on a concept for your art and research trending NFT art styles. 😎Choose a blockchain technology for creating and developing your NFT. 😎Set up a digital wallet, which is like a bank account for cryptocurrency and stores your public and private keys. 😎Select an NFT marketplace that supports your chosen blockchain. 😎Promote your NFT through various channels such as a website, social media, blogs, online communities, and collaborations. 😎Upload and mint your art token on the chosen marketplace, paying a gas fee for transaction processing. 😎Price your token based on research and associated costs, and list it for sale on the marketplace. Note that this is not a paid shill or endorsement, relating to the topic above of minting NFT's on XRP, Sologenic is a great option. Sologenic disrupts the asset trading industry by offering a decentralized ecosystem for Tokenized Securities, Crypto Assets, and NFTs. The Sologenic Development Foundation consists of independent developers dedicated to maintaining, expanding, and building the Sologenic ecosystem. Sologenic.com serves as the primary use-case for the Sologenic Ecosystem, providing on-demand tokenization of various assets, including Stocks and ETFs. There's also the mobile app for convenience and wallet creation. Sologenic, the pioneering NFT marketplace built on the XRP Ledger, has received a grant from XRPL Grants. This grant program selects open-source projects that contribute to the growth of the XRP Ledger community. The approval came shortly after the successful launch of the Sologenic NFT Marketplace in January 2022. Sologenic's vision aligns with XRP's goal of revolutionizing decentralized finance (DeFi) by offering decentralized and borderless access to financial products and services while prioritizing security and performance. By leveraging the XRP Ledger's fast and efficient consensus algorithm, Sologenic aims to provide an intuitive and cost-effective platform for NFT trading. The recent introduction of the NFT-Devnet unveiled the capabilities of the new XLS-20d technology, which enables native support for NFTs. Sologenic announced that once the technology becomes available on the Mainnet, a seamless migration of NFTs minted under the current XLS-14/SOLO methodology to the new format will be supported, preserving the history of each NFT. Operating within the same ecosystem as the Sologenic DEX, a decentralized exchange for cryptocurrencies such as XRP, SOLO, and upcoming Tokenized Assets, the NFT Marketplace offers a user-friendly interface for both newcomers and experienced traders. Sologenic aims to bridge the gap between traditional trading and NFTs, empowering users to have full control over their digital assets through their preferred private wallets. Within its first week of operation, the Sologenic NFT Marketplace witnessed the sale of 4,300 NFTs, prompting the introduction of new features. The team has implemented profile and collection verification protocols to enhance user security within the decentralized ecosystem. Noting that this is BULLISH for the price of XRPUSDT, as it increases adoption and market cap. SOLOUSDT has recently released and the price is dirt cheap. It looks like most of the hype and airdrop sales are over, I'd be looking to start accumulation from now onwards (even though I expect the price to drop more, so it will be spot definitely not leverage). I am EXTREMELY bullish on SOLO due to the revolutionary nature of their products including minting on XRP and stock market trading options. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We appreciate your support ! CryptoCheck
Long
by Crypto-Check-
24
hiVALHALLA offering great entries for potential trend reversalhiVALHALLA is offering some great entries for a potential trend reversal. 💸Money may start to flow from low cap #alts to Kucoin FractionalNFT collections. I mapped out some entries & potential paths for price. VERY risky so SL is a must! R/R is worth it for me🚀 Some of these Fractional NFTs traded sideways for a while before mooning so it's a patient trade. That's ok, "The larger the base.... the more into space" . 10% to 20% pumps are common though. So scalping along the way could yield great gains. H4 EMA21 is 23% away, so that would be a profitable scalp.
HLong
by CryptoCintron
1
Is NFTfi the future for the crypto?In 2020-2021, DeFi was the main driver of market growth and bull cycle development, giving users more uses for tokens and opportunities for users to earn. DeFi will likely no longer be able to give the same opportunities to the crypto market due to the lack of implementation of new breakthrough concepts. The only thing DeFi apps can do is to give a lighter user experience, but that probably won't have the same effect as in 2020-2021 But there is another sector which can repeat and is likely to surpass everything which was given by DeFi. Is it really NFTfi? Let’s go step by step: 1. DeFi were created for ERC-20 to give the users more opportunities to use it. NFTfi are created with the similar aim, but for the ERC-721/ERC-1155 standard tokens. 2. ERC-20 is the project tokens based on a blockchain. ERC-721/ERC-1155 are the project tokens based on a blockchain. 3. The projects, which had the ERC-20 tokens, have their own products and applications. We can say the same about the ERC-721/ERC-1155 tokens. At first sight, we see that these two sectors are identical to each other. Why can the NFTfi and ERC-721/ERC-1155 tokens give the market much more than DeFi and ERC-20 could? ERC-721/ERC-1155 is a natively more understandable technology: trading pictures with a monkey is more understandable than trading token SocialFi platform or AI solution. NFT is a more scalable technology as it allows you to tokenize a single cluster, whose object has unique properties and cannot be evaluated like any other object within the cluster. For example, real estate, premium and unique accessories, resource deposits and other. It is much easier to make convenient and simple NFTfi applications for NFT. NFTfi is the same as DeFi, not for common tokens but for unique assets. NFTfi gives all the same application options as DeFi: loans, credits, p2p exchanges, liquidity pools, decentralized futures etc. At the moment the most promising and largest sector within NFTfi is NFT lending. NFT lending are products that allow NFT owners to borrow and lend. Lending is the first level of the whole financial system, just like TradFi, then DeFi and now NFTfi. A brief review of the TOP 5 products of the NFTfi sector for traders BendDAO ($BEND) TVL: $187m Price: $0.024 ATH price: $0.069 Market.cap: $9.3m FDMC: $243m ParaSpace (no tokens) TVL: $37.7m Jpeg’d ($JPEG) TVL: $23m Price: $0.0013 ATH price: $0.0066 Market.cap: $27m FDMC: $92m NFTfi (no tokens) TVL: $10m Frakt ($FRAKT) TVL: $6.6m Price: $0.1$ ATH price: $2.4 Market.cap: $487k FDMC: $5m As we can see, almost all projects from the NFT lending sector are undervalued by the market. TVL of projects which have a token is higher than the current market capitalization, and for Frakt it is even higher than the total capitalization. Two of the top-5 projects currently don't even have a token. Moreover, it's worth mentioning that many cutting-edge and exploding products are also still under construction. Conclusion Now we can conclude that the NFTfi market is severely underestimated, considering that the NFT sector takes about 50% of all transaction turnover on Ethereum, for example, and Solana got users and developed as a project only through NFT. If the idea was interesting, give us a rocket and express your opinion on the topic. Soon we will post a second part of it, where we will look at other projects and mention the ones that may become the leaders of the market after the launch. Stay tuned!
JEducation
by Samura0x
5
Ordinals on Bitcoin - A Cybersecurity Necessity or Just Hype?With the Launch of NFTs on the Bitcoin chain by Ordinals last month, the community is divided on what this means for Bitcoin as a chain and its future. NFT's have been a mainstay on several blockchains for years now, but until now their prevalence on the Bitcoin chain was understated. With the launch of the project Ordinal Protocol, that's changing. What is Ordinal Protocol Ordinal Protocol, created by Bitcoin Core contributor Casey Rodarmor, enables users to explore, transfer, and receive individual satoshis (1 millionth of a BTC), which can include unique inscribed data such as videos and images. Inscriptions make it possible to put content in a Bitcoin transaction and assign it to a satoshi. Once mined, the inscription is made on the first satoshi of the first output of the transactions, marking that satoshi permanently with the inscribed data. This process stays entirely on the main Bitcoin blockchain and does not require a sidechain or additional tokens. The protocol is enabled by Taproot - a BTC soft-fork upgrade that was activated in 2021 and brought enhanced security and smart contracts to the network. In addition to inscribing data into a single satoshi transaction, Ordinal also allows people to assign a unique serial number to each satoshi. This means that the first satoshi's in the output of notable transactions can have value for collectors even without an inscription within them. For instance, the first satoshi of the genesis block, or the first satoshi after each halving could become collectible due to their historical significance. In a way, this compromises the fungibility of Bitcoin but in reality a parallel could be drawn between these non-fungible Bitcoin's and bank notes or coins that people collect. They do not affect the fungibility of all Bitcoin, and regular users can continue to use them normally as well. Ordinal Inscriptions are, in many ways, superior to the NFTs that most people are familiar with. Ordinals are digital artifacts which means they are decentralized, on-chain, immutable, and unrestricted. Many popular NFT projects don't actually meet these requirements as they are often stored off-chain, controlled by centralized minters, and often on very centralized blockchains. Even with its novel and Bitcoin native approach, the project remains controversial among the community. Detractors Many prominent Bitcoin developers, including Adam Back, were quite opposed to the idea of Ordinals on Bitcoin, claiming that it was a waste of block space. This also led to a discussion over whether miners should censor these resource intensive and "useless" transactions. NFTs take up valuable block space on the network that will raise the cost per transaction for all users. Full nodes need to download the inscribed data when they receive confirmed blocks. With JPEGs and Videos, these blocks can be far larger than conventional transaction blocks requiring node operators to dedicate more resources. Proponents Blockspace in Bitcoin is assigned using a free-market auction. This allows Bitcoin to be fair, open, and accessible to everyone. As such, the free-market should be left to dictate how blockspace is assigned instead of a perceived "utility". With Bitcoin's tokenomics, most miner revenue currently comes from block rewards instead of fees. Although this is not currently a concern, as the block reward continues to become smaller, the security model of Bitcoin comes under threat. A Bitcoin native application like Ordinal provides an additional use-case for Bitcoin, which is mainly used as a transaction protocol for exchanging value right now. By filling up unused block space, Ordinal transactions incentivize users to pay higher-than-minimum fees to make sure their transaction is included faster which will drive organic revenue towards miners. Although, Ordinal protocol transactions provide a potential path to addressing a long-term security concern for the Bitcoin network, it also disincentives normal users of the network in the short-term. Overall, Ordinal transactions have led to a spike in BTC network activity as well as fees. Still, as with most NFT projects, there is a high chance that the hype surrounding the project ends up fading away and Ordinal related transactions drop off again. However, the project has prompted an interesting discussion about the long term security and utility of the Bitcoin Blockchain. Regardless of whether Ordinals end up being a fad or a mainstay on the network, they've illustrated that blockspace and fees will be dictated by the free-market. We could soon see more similar projects now that Taproot allows smart contracts to be executed on Bitcoin. What are your opinions on Ordinals, NFT's, and the long term security model of Bitcoin?
B
by mintdotfinance
4
TOP Micro Caps to Watch in Q4 👀Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩‍🏫 Dealing with crypto can be very risky. It is risky because there are no clear rules and regulations that apply (yet). (We're hoping for some more clarity when the SEC case on XRP is settled). Anyway, there seems to be an inverse relationship between risk and market capitalization - The risk in crypto increases as the market cap decreases. This is due to many reasons, but mainly because crypto has become attractive to scammers and theftrepreneurs. This places you, the investor, in a difficult position. On the one hand, you'd like to get in to a possibly great opportunity early, but you also want to keep your risk as low as possible. Well, if that's you, this post is for you. I have identified a few micro cap altcoins / tokens that have already been verified, and most are already trading on popular exchanges, which is as much guarantee as there is in crypto. The crypto market has exploded in the last 4 years. Finding a gem in the rough early could be what leads to a +1000% , or even a +20 000% over some time. Low-cap / microcap assets present an opportunity because they start of undervalued. But as time goes on and the use case increases with adoption, the investor can enjoy the rewards of a huge profit on their investment. In today's analysis, I've identified a few that I believe are potential gems in the rough. NOTE : Micro-cap cryptocurrencies are extremely volatile and considered a highly risky investment, even though they may sometimes have a lot of potential. If you decide to invest, be aware that they may also crash, literally from one minute to the next. They are also popular for pump and dump schemes, and liquidity rug-pulls. Note that the above is in no specific order. On the chart, you will see some fast facts with the asset. This is also not a shill, and I am not currently participating in any of the above mentioned. I hope you enjoyed this post today! Please give us a thumbs up to support all the efforts that went into this post. If you want to learn a little more on how to stake and make money with yield farming, check out this related idea: _________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow We thank you for your support ! CryptoCheck
Long
by Crypto-Check-
26
GUCCI now accepts APECOIN 🚀Hi Traders, Investors and Speculators📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Great news for the cryptocurrency community, Italian luxury fashion house Gucci announced that it now accepts ApeCoin (APEUSDT) in a Thursday Twitter announcement last week. Gucci customers are able to pay with the help of a QR code that gets sent to them via email. They announced via tweet that they are now accepting ApeCoin payments via BitPay. Select Gucci boutiques in the USA expand the range of cryptocurrencies available for in-store purchases, yet another step in the Gucci House’s exploration of Web3. For the first time ever, holders of this crypto currency will be able to buy physical goods with the coin that was derived from the BAYC economy. This is bullish news for APEUSD, and for the crypto community as market adaptation and reach will increase. The more participants a market has, the more stable and less volatile it becomes. Think Gold , bonds etc. While you're here ! Check out this update on Ethereum ETHUSDT : __________________________ 👀Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 📉 Hit like & Follow 🔔 We thank you for your support ! CryptoCheck
Long
by Crypto-Check-
28
YGG USDT looks Primed for another leg upsides BINANCE:YGGUSDT Looks really cool at the moment. Volume is increasing, Price action is taking a nice shape after hitting an ATL .. we are currently bouncing from monthly levels with a nice big candle. Indicators Study: {hidden to make chart look clean} MA 55 getting tested on daily. Price is sitting at POC on daily. Ichi is about to make a bullish cross and Twist . RSI bullish div Td9 reversal already printed around 2.7 price levels. Idea invalid in case of daily close below 2.63 Never trade without a SL- Never risk more than 5% on a single trade. Trading is a game of patience if you lack don't play it.
by CognitoBTC
$APE COIN (Bored Ape Yachts) Head & Shoulders Short ConfirmationThe head and shoulders on the $APE Coin chart have played out exactly the way I expected and I am currently in a short position accumulating more and more $APE. I believe that we will see a move back to the .618 Fib level before can make a potential move upwards; however due to the very recent release and massive hype since its listing on major exchanges; if you've been in crypto for a few years now, every new coin dumbs, before it consolidates and pumps to higher highs. Targets between the green take profit areas SL: 12.4590 - you may move your stop loss in front of your entry or break even. Enjoy your profits everyone!
Short
by yoyokenwan
1
NFT Viewers - Art BlocksArt Blocks provides artists a NFT platform to share and sell their artwork NFT's have been around for awhile yet most are very new to this space I just wanted to provide some insight around Art Blocks and the potential the project has in the NFT game On all time volume on OpenSea Art Blocks Curated is very high in the rankings, yet on lower timeframes it is almost dismissed, as many follow PFP projects For a long term project it has great potential and will provide fine art for all
A
by Bixley
Making the Metaverse the key to a better future instead of a dysThe digitization of humanity via AI and the metaverse is already inevitable, but will it lead us to a decentralized, better world or to a dystopian nightmare? Will the Metaverse(s) change humanity as we know it? Will the Metaverse(s) be the ultimate augmentation of human perception? Will it become an agora for our dreams (and, of course, nightmares), able to transform human perception entirely? Has it already started? To start with the latter question: Yes, the groundwork has already been laid. Sensors from our smartphones, social media, digital devices, and the digital data-driven companies that top the Fortune 500 comprise the new cathedrals, religions and tribal spaces for humanity. These technologies and the onset of the so-called Fourth Industrial Revolution, or 4IR, and the AI-driven Society 5.0 have seen more change in humanity in the last 50 years than in the previous 30,000 combined. And this is just the beginning! In 1974, in a thought experiment, philosopher Robert Nozick visualized a hypothetical machine capable of providing every pleasure and experience imaginable. Nozick asked a provocative question: If given a choice, would we choose the machine over reality? Nozick concluded that we probably wouldn’t choose the machine, arguing it is better to experience the highs and lows of this physical world than to experience the artificial, never-ending high of the simulated. But a lot can change in 50 years. In 1990, 16 years after Nozick and a year after Tim Berners-Lee first conceptualized the World Wide Web, Steve Jobs famlously called the personal computer the “bicycle for the mind,” and we were off to the artificial races. Recoding the human need for stories What would we choose now if presented with a choice between the real, physical finite and the virtual, digital infinite powered by AI? The answer is that we have already chosen. We are all now digital magicians, scientists and subjects in the great ongoing virtual social experiment, interacting and stimulating each other’s brains and bodies with multiple experiences and feelings that are completely indistinguishable from experiences in the “real” physical world. This is happening across Facebook, TikTok, YouTube, rypto-empowering NFTs, Fortnite, Second Life, Decentraland and countless other online and social media platforms. The Metaverse (or metaverses) merely represent the ultimate augmented form of dreaming and the decision that has already been made. As our technologies develop so fast, we are indeed moving toward the digitization of humanity, thanks to AI and the invention of the metaverse — the future looks more like the one in Ernest Cline's Ready Player One, where the digitized reality is enabling us to experience almost everything! Related: Sci-fi or blockchain reality? The ‘Ready Player One’ OASIS can be built While the Metaverse represents the culmination of the last 50 years of technology, it will also invite new and wholly unique ways of thinking and dreaming about humanity's obsession with bigger and bigger stories. That will include new ways of interacting, communicating, and storytelling, marking a new chapter in our social-economic centralized and decentralized 4IR, Web3, Society 5.0 cultural history. Stories have sustained human culture and civilization for several millennia. They teach us to speak, read, write, assimilate civil codes, create Magna Cartas and forge our identities. Through them, we learn about language and psychology, belonging, ownership and the sense of right and wrong. They define the narrative of our lives and our communities, and, by extension, of our circular socio-economic models, financial codes and ethics. Like the verses of Homer or Milton, the Metaverse of today will go down in history as a force that shaped the course of civilization, and an island in the archipelago of the complex human history of epics, comedies and tragedies together with inventions of fire, the wheel, computers, internet and now the Metaverse! Related: The metaverse will bring a further erosion of privacy Just as we have started implementing aspects of the “real world” in the Metaverse, from virtual landmarks to cities’ digital twins, we can also be sure that our experiences will bridge the real and the virtual in the Metaverse, which will reshape our narratives in the physical world, not unlike the way the internet and social media changed not just how we gather information, but also how we perceive that information and fit it into our personal narratives. However, the Metaverse additionally offers us a new chance to reshape those narratives, new ways of dreaming (and having nightmares), augmenting the possibilities and remediating the downsides of the internet’s current model. AI dreaming or a dystopian Pandora Box? The first movers in the Metaverse revolution are and will undoubtedly continue to be the ones that bridge physical and virtual experiences: from creating new cities and new properties, to travel and art, to general experiences, all of which continue expanding and augmenting our society with brand new social media and gaming experiences. At the moment, this is happening on platforms that have significantly large user bases, creator marketplaces, experiences with live digital events, and cutting-edge hardware, and it’s these platforms that are building the basis of this new medium. Web3, AI, blockchain and other decentralized technologies will provide a check on these companies and people behind these platforms that were not present in the earliest days of the internet, ensuring similar mistakes are not made as this foundation is being put in place. We already began transitioning to the Metaverse some time ago via the various interactive experiences that create singular moments on digital, social, and gaming platforms that have been developed over the last 20 years. It is well known that these platforms have commodified the individual via collection of their data and the recording of their activities, exploiting their desires and frustrations both. To solve this problem, we need to create AI digital ethics and be conscious of the risks inherent in augmenting our perception of reality, and the fake narratives that could take root under such circumstances, and adopt self-sovereign identities (SSI), decentralized digital identities that allow for credentials to be presented and verified in digital interactions. Related: Facebook’s centralized metaverse a threat to the decentralized ecosystem? The new metaverses’ AI technology solutions allow us and any users to self-manage and augment our digital identities without depending on third-party providers to store and centrally manage data. But this can also can be radically disruptive if not managed well, and much more revolutionary than anything in the previous 30,000 years of humanity. The use of blockchain technology and NFTs, along with AI tools, VR, and AR — even holograms like in Star Wars — are in their nascent development, but will be vital in scaling the vision of what metaverses are and can be, and we need to imagine and build them collectively, being conscious of their capacity to empower us if built ethically and securely, creating trust. For a metaverse to succeed, we need to make sure that we are all conscious that this is happening now! It is part of all of our life’s present, not in the far-flung future! The Metaverse needs to be built by all of us, with conscience, seamless and trusted, where the citizen — each of us — uses these new tools, like the invention of fire before, to empower themself by owning and evolving with the new metaverse platforms and technologies, not being a slave to them. Therefore, we must be conscious that we need to build and make the Metaverse, the AI platforms for the amplifications of humanity, their very best instead of a dystopian prison! Only in this way will we ensure that the present building of our Metaverse becomes the ultimate set of tools and platforms for helping us to dream bigger and unlock more powerful narratives, rather than trapping us in a prison built from within our own biggest fears and nightmares.
BITSTAMP:BTCUSD
by monicaagrizzi9
High-profile athletes are spending huge amounts on NFTs: Here's Worldwide nonfungible token trading was worth around $40 billion in 2021, and it has since attracted some big names in the sports industry. Athletes have been known to invest in a range of assets and businesses, but now they're also getting into cryptocurrency and blockchain. Nonfungible tokens (NFTs) are a relatively new form of tokens that allows for the exchange, trade and ownership of unique digital assets. According to market data, worldwide NFT trading was worth around $40 billion in 2021, and now some professional athletes have joined the movement. Luka Modric, a Real Madrid soccer player from Croatia, launched a line of NFTs, while Neymar, a Brazilian professional footballer with Paris Saint-Germain in the French league, recently paid over $1 million for two NFTs. Several professional athletes, including Alexander Ovechkin and Michael Bisping, have been known to be interested in the world of NFTs. Buying NFTs appears to be a simple and lucrative investment for the rich, especially if they are well-known. However, Philip Gunwhy, partner and brand strategist at Blockassets, an athlete-focused NFT ecosystem, claims that there is considerably more to it than simply investing and cashing out. During a Q&A session with Cointelegraph, Gunwhy discussed why athletes have been drawn to NFTs. Related: NFTs and DeFi are revolutionizing real-estate investing and homeownership — Here’s how Cointelegraph: Why do you think athletes are drawn to the NFT world? Philip Gunwhy: The ever-evolving world of NFTs and the technology behind them means that athletes can utilize them in a way to interact with fans. While it is a relatively new technology, there are clear examples of how fans can benefit from holding official athlete NFTs, such as meet and greets and even fully interactive metaverse interaction with 360 cameras. CT: What’s beyond that? What would happen if everyone issued their own NFTs? PG: How NFTs are being utilized changes every day. Ultimately it’s a smart contract, transparent transactions that will be permanently stored on the blockchain. If everyone is issued their own NFTs outside of the world of celebrities, there still may be use cases for it even with a lack of overall public demand. For example, I could issue my CV as an NFT, employment history and references could all be verified. Ultimately, the uses for NFTs are only limited by the limits of imagination. CT: What benefits do you think athletes can get from being involved in the NFT world? PG: Aside from all of the traditional levels of exposure that any traditional marketing method would bring, it is a way for them to engage with their fans in a way never before. With an athlete NFT collection and or token, the superfans become part of a super community. I’m a big believer in the future of fan/social tokens and creating an eco-system that fans can benefit from acquiring their token; it’s a path and a journey that the fans can benefit from at the same time the athlete does, creating a win-win environment for both athlete and fan. CT: How do you think the influx of athletes into the NFT world will change the industry? PG: The influx of athletes into the NFT world will bring mass adoption and education to NFTs. But, at this point, we are only really touching the tip of the iceberg as to people’s general awareness of the power NFTs can bring to society. Throughout history, those with influence will be the ones that deliver awareness to the masses. CT: Do you see any potential risks associated with athletes being involved in the NFT world? PG: As with anything new that follows the path of hype, there will always be the unscrupulous minority who will try to take advantage of the situation. The creation of imitation NFTs and or phishing type scams will pop up. Therefore, people need to be vigilant. Work with only companies that you can be confident are official and make sure due diligence has been covered before making any investments. CT: Which current processes in the sports industry can be eventually replaced with NFTs or blockchain in the future? PG: I see a high probability that traditional ticketing will be entirely replaced by NFT ticketing. A season ticket, for example, could be transferred with complete transparency across the blockchain. There are so many more benefits to replacing old technology with the new, and tickets will never be lost; the ticket can and will be used in both digital and real-world scenarios. For example, a match day program can be airdropped to the holders’ wallet along with clips and highlights of the game. CT: What advice would you give an athlete who is looking to get into the NFT world? PG: For an athlete looking to get into the NFT world, I’d encourage them to discover their motives. Those simply looking to get an extra revenue stream can provide that, but fans will not necessarily be engaged with it. If the athlete wants to engage with their fan base and grow a true synergy, then find the right company to partner with that has proven to deliver this. CT: Do you think there's more to it than just investing and cashing out? PG: While there will always be many people looking at athlete NFTs as an investment, it’s not necessarily the view that I hold at all. Instead, I view the collection of NFTs and the acquisition of social tokens as a fun way to interact with the athlete. If you are a fan and want to benefit from that relationship, then the future is in digital smart contracts. Related: Fan Controlled Football raises $40M to expand league with Bored Apes and Gutter Cats CT: How do you see athletes' involvement in the NFT world affecting their careers in the long run? PG: Athletes that become involved in the NFT world can benefit their careers by adding value to their IP. With social tokens, their market cap can directly determine their value as an athlete. Although, the past couple of decades, sponsorship deals have been a huge factor in decision making when it comes to negotiating sponsorship deals, the future of Web3 and social tokens empowering new forms of social media, an athlete market cap will quickly catch up and potentially overtake as a way to determine an athletes popularity and therefore, marketability.
BITSTAMP:BTCUSD
by monicaagrizzi9