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Crypto Whales Expect Rise in Altcoins

Crypto Whales Expect Rise in Altcoins

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As the year 2023 starts, financial experts and cryptocurrency advisors are eyeing the bullish behavior of bitcoin and predicting a massive surge that will surely make or break cryptocurrency investors. Bitcoin has already seen a decline, which has led to rumors that the mini-bull run is over. However, bitcoin will follow the bullish run that will result in the rise of other digital assets too.

According to reports, bitcoin is expected to skyrocket and reach a staggering $1.5 million by the end of the decade.

ARS predicts: “Contagion caused by centralized counterparties has elevated Bitcoin’s value propositions: decentralization, audibility, and transparency,”

He further added: “Its network fundamentals have strengthened and its holder base has become more long-term focused.”

ARK Insights on Cryptocurrency

In support of this assumption, ARK cites an increase in hash rate, long-term holder supplies, and identities with non-zero balances when compared to previous recessions.

According to ARK, bitcoin has continued to outperform conventional asset classes due to this stability.

Financial report says: on a five-year CAGR basis, gold is up 2.2%, global stocks are up 6.1%, global debt yields 1.4%, and bitcoin is up an average of 272%.

 ARK and its CEO, Cathie Wood, have previously made such audacious forecasts on the rising trend of bitcoin. During a Bloomberg appearance in May 2021, Wood made her first audacious forecast: she said bitcoin will reach $500,000 by 2026. She then increased the wager to $1 million by 2030 in early 2022.

It is essential to remember that “crypto whales'” thoughts and predictions are arbitrary and prone to quick change. We cannot predict with precision any single cryptocurrency impact in the future. Before investing any money in the cryptocurrency market, it is always advised to conduct an in-depth study and financial consultancy.

Cryptocurrency is influenced by various factors among them market demand, governmental regulations, and digital advancements are notorious. Being an extremely volatile market sometimes it follows a reversal approach. So we can say that past performance is not highly indicative of future results.

Crypto Bull Market Run

At the end of 2022, bitcoin made a bullish run and eventually uplifted other cryptocurrencies and digital assets. January 2023 runs bull and bitcoin showed the biggest run of more than $5000 in a single month. The $1 million figure is echoed by various notable market experts and every individual is eyeing an opportunity to make their first step into the crypto market. When it comes to blockchain technology, it surpasses cryptocurrencies and has the potential to impact a wide range of industries. Blockchain technology offers a wide range of investment opportunities, from entertainment to securing intellectual property.

Make a stable investment; Follow the Crypto Whales

We all know risk comes with high-reward opportunities and cryptocurrency and blockchain are surely among them. Cryptocurrency is like one moment up and another moment down. That’s why ample research and analysis are required before making any assumption. In this market, one cannot be successful by just following the footprints of some expert advisor. Cryptocurrency demands time and accuracy more than money.

Cryptocurrencies run on a framework that is not governed by a centralized authority since they are decentralized. They have a high degree of volatility and their value is dictated by market requirements. The possibility for significant profits and improved access to financial services are just a couple of the possible advantages of investing in digital assets. 

Remember that dealing in crypto assets is not similar to trading in investment products. It should only make up a small fraction of your overall equity investment. To protect the security of your assets, it’s also crucial to store them appropriately.

Evaluation of digital investment

  • To evaluate the coin or assets’ financial situation, earnings, and development prospects, look at its financial statements.
  • Look for the connected elements that contribute to market ups and downs by analyzing the market. Take into account elements like market size, competition, and growth possibilities.
  • Analyze the operation of the blockchain sector and a company’s holdings of digital assets.
  • Analyze the investment’s risks, taking into account any regulatory, financial, and technological ones.
  • Calculate the probable return on investment, taking into account both immediate and long-term goals.
  • Evaluate the investment’s fair value on the basis of financial indicators like changes in the digital market, the stability of the dollar, and a cash flow analysis.

Crypto whales are investing in cryptocurrencies like MEMAG, FGHT, and CCHG that fulfill these criteria, indicating their potential to succeed.

MEMAG Mastering Web3 Game

The Meta Masters Guild’s community-based platform and cutting-edge approach to game production have the potential to transform cryptocurrency. The technology has a strong probability of succeeding since it solicits user feedback, gives users full control of their resources, and creates games with real gamers in mind. Due to a strong online presence, the Meta Masters Guild preorder has exploded in the past weeks. It enjoys a good time with some 24-hour periods catching a revenue of $100,000. Traders or gamers can visit the official website and use any digital wallet to trade MEMAG with ETH or USDT.

Check out for past week’s news cluster in Super Sunday news.

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Crypto Whales Expect Rise in Altcoins

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Carrom Blitz: Play for $RLY Tokens – Android Game with Blockchain

Carrom Blitz is an innovative Android game developed by Joyride Games, designed to breathe new life into the traditional Carrom game experience. This free game, available on the Flow Blockchain, introduces exciting gameplay and the opportunity to earn $RLY rewards. Inspired by the success of Joyride Games’ previous titles like Trickshot Blitz and Solitaire Blitz, Carrom Blitz reimagines the classic Carrom game by incorporating blockchain elements. Carrom, a beloved indoor pastime in India and Southeast Asia, is a popular game enjoyed by families and clubs during social gatherings. Joyride Games recognized its substantial user traffic, particularly in Southeast Asia, and decided to create Carrom Blitz to cater to the region’s love for this iconic game. In Carrom Blitz, players can acquire Tickets through special events and daily challenges, which reset at the end of each season. These Tickets can be used in both Seasonal and Special events, offering opportunities to win valuable $RLY Tokens. The game also rewards players with Boosters for achieving milestones, with each Booster having a specific expiration time. The XP Booster doubles the experience points earned, while the Coin Booster doubles in-game coin accumulation. Coins serve as entry fees for various gameplay formats and can be earned through activities like watching ads, referring friends, and actively participating in matches. The gameplay in Carrom Blitz is diverse, offering various match formats and competitive opportunities for players. The game’s elegant interface features authentic trick shots reminiscent of real Carrom matches. With tournaments, leagues, and weekly challenges, players have thrilling avenues for competition. Matchmaking ensures fair matchups by pairing players with similar skill levels. Matches involve the strategic task of pocketing seven white pucks and the coveted red puck (Queen) to secure victory. Players control a Striker using a slider at the screen’s base, carefully aiming shots to outmaneuver opponents. Each pocket on the board has a specific point value, contributing to a player’s score when a puck is successfully pocketed. Missed shots result in the loss of a Striker. Additionally, players can earn bonus points by executing masterful trick shots quickly. As players progress in XP levels, they unlock Carrom Blitz contests, adding to their sense of accomplishment. Successful matches reward players with coins, tickets, and coveted $RLY tokens. In Carrom Blitz, $RLY is a tangible digital currency that enables players to challenge opponents and win substantial prizes within the game. It is an ERC-20 utility token built on FLOW blockchain technology.

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Basic Beasts – Game Review

“Basic Beasts” is a play-to-earn Non-Fungible Token (NFT) collectible pet game inspired by “Pokemon.” This game offers a simple and enjoyable gaming experience for players. “Basic Beasts” offers trading and breeding of pixelated pets, combining the element of play-to-earn with the fun factor. This game was developed by a 10-year-old boy and his brother, and represents a changing trend in WEB3 gaming. Players can have a unique and enjoyable gaming experience with “Basic Beasts.” “Basic Beasts” utilizes Flow blockchain technology and is set to launch later this year. The game features its own marketplace and requires an upfront investment in Non-Fungible Tokens (NFTs). It is not a free-to-play game, but offers a unique and engaging gaming experience for players who are willing to make the initial investment. The  Beasts Gameplay: The gameplay is quite simple and can be explained in three steps – collect, evolve, and trade. Players can collect the Basic Beasts in one of many ways like the NFT drops once a month, earning beasts from Discord invite events, buying from a secondary marketplace, and breeding a Basic Beast from a matron and a sire. The last two options are not available yet but according to the roadmap on the official website, they will be available soon. The Basic Beasts evolve by participating in different missions. However, breeding is possible for only normal skin Beasts, all others will always remain scarce.

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Sweat Economy: Earn Cryptocurrency Walking, Physical Activity

The Sweat Economy is an innovative app that rewards users with cryptocurrency for physical movement, specifically walking. The more a person walks and sweats, the more cryptocurrency they can earn through the app. This approach introduces a groundbreaking avenue for earning and value generation, aiming to provide equitable opportunities for everyone to benefit from the new economic landscape. The SWEAT initiative focuses on encouraging physical activity for its potential to improve health, emphasizing a correlation rather than a causal link. It aims to create a virtuous cycle where increased physical and mental well-being reinforce each other. The primary objective is to inspire individuals to embrace movement and promote holistic wellness through incentivized contributions. In the SWEAT ecosystem, the difficulty of earning SWEAT increases over time, motivating users to engage in physical activity sooner rather than later. This strategy not only encourages current physical activity but also maintains the practical value of SWEAT by following a model where production costs consistently rise. SWEAT introduces an open movement economy, establishing a novel market where individuals worldwide can receive rewards for various physical activities such as cycling, swimming, jogging, or hiking. Users are compensated for their contributions to society through active engagement. Tokenomics of $SWEAT are based on its exclusive generation through motion, resulting in an increase in “input” (steps) as the user base grows. This rise in users leads to a surge in activity driven by changed habits and motivation due to the rewards offered by the app.

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Knights of the Ether: Blightfell – Play to Earn Web3 economics

Knights of the Ether: Blightfell is a play to earn blockchain gaming experience that seamlessly integrates Web3 play-to-earn economics with intricate gameplay. It offers players a unique dual-chain universe within the Knights of the Ether (KOTE) ecosystem, where they can explore two distinct games: a Play2Earn (P2E) staking questing adventure and an engaging Deck-Building Roguelike challenge. These games cater to different skill sets, with the P2E “Stake/Quest” game requiring strategic thinking within the TreasureDAO ecosystem, and the Deck-Building Roguelike offering tactical battles against formidable monsters. The hallmark of this experience is its endless replayability and substantive progression, where every decision made carries weight. Knights of the Ether Review: The narrative unfolds in the mysterious realm of Blightfell, where a Knight and his two loyal Squires have vanished under enigmatic circumstances. Players step into this world, assuming the roles of either villagers, blessed villagers, or knights, each with unique health attributes. The game world is procedurally generated, with daily map refreshes and sporadic special events, creating a dynamic and evolving environment. The central quest is to assist in the search for the missing Knight and his faithful Squires. To partake in the primary Deck-Building Roguelike adventure, players must obtain a Knight of the Ether NFT. The P2E staking/questing game, on the other hand, requires the possession of Arbitrum Squires NFTs. NFTs: Knights of the Ether NFTs are native to the Ethereum network and can be acquired through direct minting via the KOTE website or through marketplace transactions. Every Knights of the Ether NFT ownership grants players a complimentary Arbitrum Squire NFT, residing on the Arbitrum L2 network. Additionally, players can obtain Squires through secondary marketplace channels. Despite existing on separate blockchain chains and serving distinct purposes, these NFTs are intricately interconnected. Squires play a pivotal role in enhancing the abilities of their Knights, facilitating resource accumulation, and acquiring essential gear for the Deck-Building Roguelike adventure. This interdependence creates a symbiotic relationship where Knights rely heavily on their Squires, and Squires derive value through their collaboration with Knights. Tokenomics: Participation in the primary Deck-Building Roguelike adventure necessitates owning a coveted Knight of the Ether NFT. The P2E staking/questing game, meanwhile, relies on the ownership of Arbitrum Squires NFTs. Knights of the Ether NFTs can be minted directly from the KOTE website or obtained through marketplace transactions, residing on the Ethereum network. Ownership of a Knights of the Ether NFT automatically grants a complimentary Arbitrum Squire NFT on the Arbitrum L2 network. Alternatively, players can procure Squires through secondary marketplaces. Despite residing on separate blockchain networks, Knights of the Ether NFTs and Arbitrum Squires NFTs maintain a complex symbiosis. Squires play a pivotal role in enhancing the capabilities of Knights, aiding in resource acquisition, and acquiring superior gear for the Deck-Building Roguelike game. Knights, in turn, rely on their Squires for crucial support and collaboration throughout their epic journey. The in-game utility and governance token is known as $FIEF. Community Response: The community response to Knights of the Ether: Blightfell varies. Some individuals have expressed concerns, such as high gas fees for minting free Villager NFTs, while others have recommended exploring different gaming experiences like “cross the ages.” There are also comments critiquing the game’s aesthetics, likening it to a flash-made game. Overall, community sentiment seems mixed, with both excitement and reservations about the project.

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Best P2E Games list 2024

Crypto Whales Expect Rise in Altcoins

P2E News, short for “Play-to-Earn News,” is a category of updates and information within the broader spectrum of Crypto News, Web3 News, NFT News, and Blockchain News. These terms are all interconnected and represent various facets of the rapidly evolving digital landscape.

Play-to-Earn (P2E) is a gaming model that has gained immense popularity within the crypto and blockchain communities. In P2E games, players can earn cryptocurrencies or NFTs by participating in the game, often through activities like completing quests, collecting items, or trading assets. P2E News covers developments, announcements, and trends related to these innovative gaming experiences that allow players to monetize their in-game efforts.

Crypto News, on the other hand, focuses on the broader world of cryptocurrencies, including Bitcoin, Ethereum, and a multitude of altcoins. This category encompasses news about market trends, regulatory changes, new blockchain technologies, and updates related to various tokens. Crypto News is a fundamental aspect of the blockchain ecosystem, as cryptocurrencies serve as the primary means of value transfer and exchange within the Web3 space.

Web3 News is an umbrella term that refers to the next-generation internet, often characterized by decentralized applications, blockchain technology, and smart contracts. The Web3 ecosystem seeks to provide a more user-centric and decentralized internet experience. This category of news covers developments in decentralized finance (DeFi), non-fungible tokens (NFTs), and various other applications built on blockchain technology. For the ultimate and best play to earn games list, check our friends of playtoearngames.com.

NFT News focuses on Non-Fungible Tokens, unique digital assets that are indivisible and represent ownership of a specific item, artwork, or collectible. NFTs have gained prominence in the art world, gaming industry, and entertainment sector. NFT News keeps enthusiasts informed about NFT sales, new projects, and partnerships within the NFT space.

Blockchain News pertains to the foundational technology behind cryptocurrencies and Web3 applications. Blockchains are decentralized ledgers that record transactions across a network of computers, ensuring transparency and security. Updates in this category might include innovations in blockchain consensus mechanisms, interoperability between different blockchain networks, and industry applications beyond cryptocurrencies.

In summary, P2E News is a niche subset of Crypto News, Web3 News, NFT News, and Blockchain News. It focuses on gaming experiences where players can earn cryptocurrencies or NFTs, while the other categories encompass a broader range of topics within the decentralized digital landscape, including cryptocurrencies, web3 technologies, NFTs, and blockchain advancements. Collectively, these categories shape the landscape of the digital economy, offering insights into how technology is revolutionizing various aspects of our lives.