Monat: Februar 2023

Dogecoin Jumps 6.6% as Elon Musk Tweets Let the Doge Out!

• Elon Musk’s latest tweet about Dogecoin has caused a 6.6 percent surge in its price and a 2.5 percent surge in Shiba Inu.
• According to the Blockchain Research Lab study, there is an average of 3 percent price range for each of the 47 events after a tweet by Musk.
• The 24-hour move of Dogecoin has been within the ranges of $0.0832 and $0.0872, however it could not test its key resistance level of $0.09 before recording its first retracement as seen in the chart.

Dogecoin Pumps Hard After Elon Musk Tweets

Elon Musk’s recent Tweet sent Dogecoin (Doge) rising by 6.6 percent and Shiba Inu rising by 2.5 percent according to Blockchain Research Lab study on the effect of his moves on crypto prices. On February 22, 2023, Musk tweeted: „High time I confessed I let the Doge out,“ with an image attached showing „It was me, I let the dogs out.“ He followed up with another tweet asking people to „Fact check me @CommunityNotes“ which some believe was related to a new feature introduced by Twitter rather than any interest in Dogecoin itself.

Musk’s Influence on Crypto Prices

The Blockchain Research Lab study revealed that for each of 47 events after a tweet from Musk there was an average price range increase of 3 percent across all cryptos involved – suggesting that he commands considerable influence among investors when it comes to crypto prices movements.. Additionally, whenever there is an immediate and large spike in price it is usually followed 45 minutes later by another price spike according to this research data.

Dogecoin Price Movements

Dogecoins 24-hour move has been within the ranges of $0.0832 and $0.0872 but it failed to test its key resistance level of $0.09 before recording its first retracement as seen on the chart,.

Conclusion

Elon Musks tweets have once again sparked speculation among investors causing a significant increase in both the price of DOGE and SHIB tokens and proving his influence over crypto markets more generally.. Going forward we will be watching closely how this plays out on markets especially if he continues tweeting about DOGE or other cryptos!

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Altcoin Brings Smart Contracts, DeFi, and NFTs to Bitcoin – Get Ready for Explosive Growth!

• Chris Burniske has tipped Stacks as the next major push for Bitcoin’s growth.
• Stacks is designed to bring smart contracts, decentralized applications (DApps), DeFi and NFTs to the Bitcoin blockchain.
• The top 100 holders of bitcoin control approximately 14% of its total digital currency in circulation compared to Dogecoin’s 67%.

Chris Burniske Tips Stacks For Bitcoin’s Growth

Chris Burniske, veteran analyst with deep ties to Place Holder VC and Ark Invest has identified Stacks as the only protocol that could help drive the functionality of the Bitcoin blockchain. This would open up a plethora of opportunities including smart contracts, decentralized applications (DApps), DeFi and NFTs on the protocol. Consequently, this recognition has pushed STX prices up by 9.09%, jumping 127% in 7 days.

Stacking Up Against Ethereum

The success of Ethereum lies in its wide array of Layer 2 protocols and solutions which offer a variety of use cases for users. In comparison, Bitcoin only has two: Lightning Network and Stacks. As such, this makes Stacks an attractive option for those looking to bring similar functionalities from Ethereum over to Bitcoin – bringing it closer towards parity with Ethereum in terms of feature set.

Investor Confidence

In order for investors to back a token or cryptocurrency long-term, they need assurance that there is a potential use case behind it – such as what Stacks offers with its aforementioned featureset. With confidence increasing in this new layer 1 solution, it looks like we can expect more mainstream adoption going forwards.

Bitcoin Distribution

Onchain data shows that top 100 holders control around 14% of circulating bitcoin supply – much lower than other tokens such as Dogecoin where holders control 67%. This low distribution could be seen as either positive or negative depending on your outlook; while it may suggest centralization amongst key players, it also offers more room for growth through decentralization should more people jump into owning BTC tokens due to increased feature sets offered by projects like Stacks.

A Bright Future Ahead?

Analysts agree that Bitcoin is on track for a unique future thanks largely in part due to its technology and token distribution – something which projects like Stacks hope to build upon further by providing an attractive alternative for investors looking at investing into cryptocurrencies offering innovative technologies such as DeFi and NFTs .

Hashflow Token Set for Huge Gains: Time to Get In Now!

• Crypto strategist Cantering Clark is bullish on Ethereum-altcoin Hashflow Token (HFT) and building a spot position in the cryptocurrency.
• HFT has given a breakout from its accumulation zone, with a current valuation of $128 million and trading at $0.6898 at press time.
• The Hashflow blockchain plans to launch Hashverse, a gamified, story verse-driven decentralized autonomous organization (DAO).

Hashflow Token: Set for Huge Rally

Crypto analysts are betting big and predicting a huge upside for one such Ethereum-altcoin, Hashflow Token (HFT). The technical chart shows that HFT is giving a breakout from its accumulation zone. In a Twitter message, crypto strategist Cantering Clark told his 160,000 followers that he’s quite bullish about the token and is building a spot position in the cryptocurrency.

Cantering Clark’s Bullish Predictions

In his tweet, Cantering Clark wrote: „The last tickerless chart I shared did a 3x this week. I have been building a spot position in this one patiently because the setup is looking like it has quite a move ahead of it.“ He further added that HFT looks like it will push much higher before what is probably going to be an extended corrective re-accumulation period.

About Hashflow Token

Hashflow Token (HFT) has relatively low market cap of just $128 million at press time and is currently trading 7.7 percent up at $0.6898 price point. The roadmap for 2023 states that the Hashflow blockchain plans to launch Hashverse -a gamified, story verse-driven decentralized autonomous organization (DAO)- which will allow users to stake tokens complete quests as well as earn non-fungible tokens (NFTs). To ensure interoperability and zero slippage, the token was built on Ethereum Layer 1 competitor Fantom (FTM).

Altcoins Gaining Momentum

In the crypto market recovery of 2023, altcoins have delivered exceptional performance with giants like Ethereum rallying by 40 percent while other altcoins pose gains even higher with 70-80 percent increases in value. This trend bodes well for other cryptocurrencies including HashFlow Token which could see massive gains over short time frames as traders take notice of potential opportunities presented by these coins.

Conclusion

Altcoins have seen tremendous growth in recent times due to market recovery paving way for potential investments from traders who may look towards long term profits from such investments. Cryptocurrency HashFlow Token has already seen some positive signs of growth along with its competitor Fantom making it an attractive option for many investors looking to capitalize on short term gains provided by such coins along with their long term potential benefits as well

Fief (FIEF) Now Available on LBank Exchange – Trade on February 8th!

• LBank Exchange will list Fief (FIEF) on February 8, 2023.
• Fief Protocol is a decentralized application layer for NFT gaming and the metaverse.
• FIEF is the official utility token of Fief Protocol.

LBank Exchange to List FIEF on February 8, 2023

LBank Exchange, a global digital asset trading platform, will list Fief (FIEF) on February 8, 2023 with a FIEF/USDT trading pair available for trading at 6:00 UTC.

About Fief Protocol

Fief Protocol features a suite of decentralized applications (dapps) that are tailored specifically for NFT gaming and the metaverse. To reward players from both internal and external projects, Influence Points (IP), a non-transferrable and off-chain currency inspired by in-game currencies found across popular web2 game titles have been introduced into the dapps of Fief Protocol. The platform also features its own open-world voxel RPG titled ‘The Fiefverse’ which acts as an additional sink for IP to further support its usage within the protocol’s dapp layer. Mini-games such as Wave Defense are currently being developed alongside other apps like FIEF Staking and the Fief Shop – which allows users to purchase items with IP – as well as upcoming apps such as Loot Farms and Fief Chat which is built on top of Avatars and Influence Points.

About the Token

The native token of this platform is called ‘FIEF’, it serves as an official utility token that can be used within all aspects of the platform including staking rewards, in-game purchases or transactions between different projects connected to the protocol’s infrastructure.

Conclusion

LBank Exchange listing of ‚FIEF‘ marks an important moment for both users and developers looking to use this innovative blockchain solution tailored specifically for NFT gaming & metaverses alike. With its unique combination of decentralized applications offering gated rewards systems along with an open world voxel RPG that serves as a sink for its native token ‘IP’ – it’s easy to see why so many people are excited about what this project has to offer!

Contact Information

For more information about LBank Exchange listing or any questions related to ‚FIED‘, please contact Chainwire via their website or email address: info@chainwire.io