• Chainwire DeSo has introduced a new Proof-of-Stake (PoS) system, Revolution, that provides greater energy efficiency and security while making its native currency, $DESO, deflationary.
• The Revolution PoS requires validator nodes to lock up a deposit of $DESO on the network to participate in consensus.
• Other features include maximum deflation, where transaction fees are burned to the maximum extent possible; Revolution Rule; and Sovereign staking.
Coinbase-Backed DeSo Introduces Revolutionary PoS System
DeSo, the decentralized social media blockchain backed by Coinbase Ventures, has introduced a groundbreaking Proof-of-Stake (PoS) system aptly named „Revolution“. This innovative technology promises to revolutionize and build upon the successes of previous Proof-of-Stake systems with added features such as maximum deflation, where transaction fees are burned to make $DESO deflationary; Revolution Rule; and Sovereign staking.
The Revolution PoS requires validator nodes to lock up a deposit of $DESO on the network in order to participate in consensus. By using crypto as collateral it compels the nodes to behave appropriately and helps keep the network secure.
Revolution Rule automatically times out leaders who attempt to censor mempool transactions. This feature makes it one of the most censorship resistant systems available today.
DeSo’s revolutionary system also allows users to stake their $DESO for roughly three hours only – significantly improving liquidity compared with traditional stake models which require much longer time frames.
The introduction of DeSo’s new PoS system marks a significant milestone for the industry as a whole – bringing exciting new features that build upon existing mechanisms from leading layer-1 blockchains. With this innovation comes better energy efficiency, security, liquidity and much more – setting a standard for future blockchains looking for similar benefits without compromising decentralization or scalability.
• 2022 was a year of high inflation which led to higher interest rates.
• These rising rates had several impacts on the world, including making Futures trading more expensive, causing house prices to decline, and strengthening the US dollar.
• Other effects include increased borrowing costs and reduced economic growth.
Impact of Rising Interest Rates in 2022
Futures Trading More Expensive
Higher interest rates increase the cost of leverage, meaning traders need more capital to enter into Futures contracts when interest rates are high. This increases the Futures margin and makes trading more challenging.
House Prices Set to Decline
Interest rates affect property prices by influencing borrowing costs and demand for money. Low-interest rates made mortgages attractive, driving up property demand and prices in 2022. However, analysts predict these rising rates will catch up with the market in 2023, leading to a 10% drop in UK house prices and a 4.5% drop in US homes.
US Dollar Gained Strength
When interest rates are high, investors can earn higher returns by holding that currency – increasing its relative value compared to other currencies. In 2022, this happened with USD due to rising US interest rates – it gained strength against many other currencies.
Increased Borrowing Costs
Businesses and consumers also felt the impact of rising interest rates in 2022 as borrowing costs increased significantly – reducing consumer spending power and dampening economic growth around the world.
Rising interest rate had a significant effect on global markets in 2022, leading to increased borrowing costs, declining house prices, strengthened USD currency value and more expensive futures trading – all impacting both businesses and consumers across the world
• TMS Network (TMSN) is an Ethereum-based decentralized trading hub that has seen rapid growth in the decentralized finance space.
• It provides an all-in-one multipurpose hub for diversified asset and derivatives trading, with cutting-edge technology and a commitment to decentralization.
• The TMS Network token has seen significant traction and value due to its unique features, while Shiba Inu (SHIB) has slumped by 89% from its ATH.
TMS Network (TMSN) Sees Rapid Growth
In decentralized finance, the race for innovation and growth is never-ending. Amidst this rapidly evolving landscape, TMS Network (TMSN), a decentralized trading hub, has emerged as the starlight, leaving behind popular players like Shiba Inu (SHIB) and Cocos-BCX (COCOS).
Unique Features of TMS Network (TMSN)
The platform leverages blockchain technology and a smart contract enabled Ethereum chain to automate and manage trading activities. This significantly cuts out centralized problems like fraudulent activity, price manipulations, high and hidden fees, inefficiencies, and low speed. Aside from these advantages it also provides educational resources to help traders get the hang of profitable trading. Its long list of robust trading tools are exceptional including price aggregators, AI builders, on-chain metrics, powerful terminals etc., making it ideal for experienced traders as well. The presale value of TMS Network token rose from $0.003 to $0.025 in less than two weeks which wowed investors and traders alike.
Shiba Inu’s Decline
Shiba Inu (SHIB) provides little to no alluring value right from the start since it was created just for meme coins hype without any actual use case or technology backing it up . At its peak Shiba Inu flipped Dogecoin but then eventually fell back down by 89% from its All Time High Market Cap Value .
The ongoing competition between different tokens in DeFi space shows that only those tokens with innovative features will survive in the long run . With its unique features , cutting edge technology & commitment towards decentralization TMS network is emerging as a winner & gaining huge traction among investors & traders alike .
It’s important to thoroughly research any cryptocurrency before investing because market sentiment can quickly change & memes coins are highly volatile investments with little underlying fundamentals or use cases .
• Elon Musk’s recent tweet has caused a surge in the price of Dogecoin by 6.6 percent and Shiba Inu by 2.5 percent.
• According to a study conducted by Blockchain Research Lab, there is an average 3-percent price increase following each of Elon Musk’s tweets.
• Dogecoin’s 24-hour move was within the range of $0.0832 and $0.0872 before recording its first retracement as seen in the charted data.
Elon Musk’s Influence on Dogecoin Price
Elon Musk’s influence on crypto prices is undeniable, according to a study conducted by Blockchain Research Lab that analyzed 47 events after his tweets were released. The results showed that there was an average 3-percent price increase following each of his tweets – including the one that triggered the recent surge in Dogecoin’s and Shiba Inu’s prices.
Dogecoin Responds Positively
In response to Musk’s tweet, Dogecoin surged by 6.6 percent and Shiba Inu by 2.5 percent – proving that investors are still strongly influenced by his words when it comes to cryptocurrency investments decisions. Following this tweet, Dogecoin moved within the range of $0.0832 and $0.0872 before recording its first retracement as seen in the charted data – though not quite testing its key resistance level of $0.09 yet which could have resulted in an even larger surge had it been met successfully..
Fact Check Me @CommunityNotes Tweet
Musk followed up his initial tweet with another cryptic one where he wrote “fact check me @CommunityNotes” raising suspicions among investors who believe that he may be referring to some new feature introduced to Twitter rather than expressing interest in Dogecoin itself considering certain users noted how Community Notes posted about giving people extra context if they reply, like or retweet something on Twitter prior to this event happening – suggesting that this could be what he may actually be talking about instead of referring to pumping DOGE specifically for once again boosting its own value..
It appears from these events that Elon Musk has indeed played a major role in affecting crypto prices with his comments alone being enough to spark large movements among investors looking for potential opportunities for making profits off their investments into digital assets such as DOGE and SHIB tokens respectively as seen recently with both cryptos surging thanks in part due partly due to him once again showing support publicly towards them through social media platforms like Twitter
• Cartesi launches Community Grants Program to fund developers and grow the ecosystem.
• Program provides not only financial support, but also technical and strategic advice.
• CTSI token will be used as a way for community members to signal approval or disapproval of grants.
Cartesi’s Community Grants Program
Cartesi (an application-specific rollup execution layer with a Linux runtime) has launched its Community Grants Program for developers looking for support to get their ideas off the ground, and for Web3 enthusiasts interested in helping shape Cartesi’s developing ecosystem. This program is a community-driven effort dedicated to funding a broad network of contributors to build and expand the Cartesi ecosystem. It provides developers not only with financial support, but also with invaluable technical and strategic advice that can ensure project success within the Cartesi ecosystem.
Governance Function Utilizing CTSI Token
The launch of this program also ushers in a new governance function for Cartesi’s token, CTSI. The decentralized ecosystem of the Cartesi Foundation will utilize CTSI as a way for community members to signal approval or disapproval of any proposed grants. With this, the community can influence what is funded and built on Cartesi tech while connecting with builders in its own ecosystem through collaboration with any projects being built or funded.
Cartesi Rollups is an application-specific execution layer that elevates simple smart contracts to decentralized Linux runtimes. It allows developers to launch highly scalable rollup chains and code decentralized logic with their favorite languages and software components.
The launch of Cartesi’s Community Grants Program marks an important milestone in providing increased involvement from its community while decentralizing control over its projects through utilizing the power of its token, CTSI. Developers have access not just to funds but also technical guidance so they can refine their proposal into something viable within the growing Cartsi Ecosystem.
• Hashflow Token (HFT) is a low cap Ethereum altcoin that is set to rally and gain massive profits soon.
• Crypto strategist Cantering Clark recently shared on Twitter that he is quite bullish about the Hashflow Token (HFT) and is building a spot position in it.
• Hashflow token has a valuation of $128 million, and its recently released roadmap for 2023 includes plans to launch a gamified DAO called Hashverse.
Hashflow Token (HFT): Set for Huge Rally
Ethereum altcoin Hashflow Token (HFT) is currently on a breakout from its accumulation zone and can rally going ahead in the crypto market recovery of 2023. Giants like Ethereum (ETH) have rallied by 40 percent but other altcoins have posed gains even higher at 70-80 percent. In light of this, crypto strategist Cantering Clark has expressed his bullishness about HFT, sharing his spot position in the cryptocurrency with his 160,000 followers on Twitter.
Valuation & Roadmap
Hashflow token has a valuation of just $128 million and its recently released roadmap for 2023 includes plans to launch a gamified decentralized autonomous organization (DAO), called Hashverse, which will allow users to stake tokens complete quests as well as earn non-fungible tokens (NFTs).
Cantering Clark’s Tweet
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 also noted that while HFT may not be microcap, it still looks like it will push much higher before what is probably „a long corrective re-accumulation period“.
Crypto Analysts‘ Take
Crypto analysts are betting big and predict an upside for HFT given its technical chart breakout from its accumulation zone. Moreover, Clark’s bullishness about the coin adds confidence among traders who are likely to enter into positions for short term gains.
Overall, Ethereum altcoin Hashflow Token (HFT) looks set for huge rally and massive gains in short time owing to its technical chart breakout from its accumulation zone as well as Cantering Clark’s bullish sentiment towards the coin on Twitter.
• Ripple Labs won a lawsuit against the US Securities and Exchange Commission (SEC), possibly resulting in a 10 times price surge for XRP.
• Ripple has also launched a $250 million creator’s fund to attract NFT artists to the XRP ledger.
• The second wave of beneficiaries of the fund were announced in October last year and applications for the third wave are now closed.
IOTA Foundation & Dell Technologies
The IOTA Foundation has partnered with Dell Technologies to bring sustainable energy use cases to digital cities in order to transform Urban Mobility using Intelligent Security systems (ISS). This solution will utilize video recordings, analytics, and control centers all powered by IOTA technology.
VeChain recently announced their new interoperable blockchain platform known as VeChain Thor V1.21. This update allows users to store different types of digital assets such as tokens, NFTs, and stablecoins on its blockchain network. Additionally, it offers enhanced security and scalability features that make it suitable for enterprise-level projects.
Dogecoin is setting new milestones every day by reaching new highs constantly over the past few weeks. It even surpassed Bitcoin Cash (BCH) as the fourth largest cryptocurrency in terms of market capitalization at one point this week after experiencing an incredible 20% increase in its value within 24 hours.
Stellar Lumen has launched the Stellar Asset Sandbox which simplifies asset issuance, minting, and burning on its testnet network. This could encourage more developers and creators to join the Stellar ecosystem while providing tools for them to create their own digital assets within minutes or hours rather than days or weeks using traditional methods.
• Developer Shytoshi Kusama confirms billions of SHIB coins will be burned with the release of Shibarium.
• 3,312,307,240,798 SHIB coins have recently been transferred between anonymous crypto addresses.
• SHIB has been exchanging hands at $0.00001153 and is 0.43 percent down.
The Shiba Inu community is eagerly awaiting the launch of its Layer-2 scalability network Shibarium. The beta launch of Shibarium has been teased quite a few times recently and is expected very soon. To the relief of the Shiba Inu (SHIB) holders, the lead developer Shytoshi Kusama recently confirmed on discord that trillions of SHIB coins will be reportedly burnt with the release of the Layer 2 platform Shibarium.
This news comes shortly after the crypto tracking platform Whale Alert detected a single transfer of 3,312,307,240,798 Shiba Inu meme coins. This large transaction is just one of the many that have occurred in the month of January. Although, the SHIB price rallied by 4 percent on Thursday, it failed to continue the momentum and is still trading down from last week’s high of $0.00001273 when the SHIB price had jumped 20 percent in a day.
The SHIB burn rate has been tanking, however, the Shibarium release is expected to increase the burn rate of the memecoin. As of now, Shiba Inu (SHIB) has been exchanging hands at $0.00001153 and is 0.43 percent down. The one thing that’s holding up Shiba Inu from performing well is the massive supply and the decline in the burn rate.
The Shiba Inu community is awaiting the launch of Shibarium in hopes that the burn rate will increase and the SHIB price will jump. Follow us for the latest crypto news and updates to know when the Shibarium launch happens!
• LBank Exchange will list Speed Service Mobility (SSM) on January 27, 2023.
• SSM utilizes blockchain technology to innovate the Electric Vehicle (EV) ecosystem.
• SSM aims to revolutionize the EV industry by converting existing personal chargers to shared chargers, preventing excessive occupation and monopoly use of chargers, and linking chargers operated/managed by different charging operators.
LBank Exchange, a global digital asset trading platform, has announced that it will list Speed Service Mobility (SSM) on January 27, 2023. The SSM/USDT trading pair will be officially available for trading at 7:00 UTC on January 27, 2023. This listing of SSM on LBank Exchange will help the project to further expand its global reach and help it achieve its vision.
Speed Service Mobility (SSM) is a project that innovates the Electric Vehicle (EV) ecosystem by utilizing the power of blockchain technology. The project has four visions it wants to achieve. Firstly, the platform is applied to the existing personal chargers to convert to shared chargers, and the easy-to-use shared chargers will be developed in a similar form to personal chargers, so that individuals can easily install/operate them and become charging providers. This enables users in the EV ecosystem to form a shared community together.
Additionally, SSM wants to prevent the excessive occupation and monopoly use of chargers by giving monetary (points/virtual assets) compensation or royalties based on token economics. This is to actively guide users to make positive changes and realize the construction of autonomous EV infrastructure. Furthermore, the chargers operated/managed by different charging operators can be organically linked with each other, allowing users to find chargers easily, and charge their vehicles conveniently.
To conclude, the listing of SSM on LBank Exchange is a great milestone for the project. With the power of blockchain technology, SSM is set to revolutionize the EV industry and make charging of electric vehicles more convenient and accessible.
• Meta Masters Guild (MEMAG) is a new mobile gaming guild that rewards community members for victories and participation.
• MEMAG tokens are available during the first stage of the presale at $0.007, with 10% of the capped supply allocated to exchange liquidity.
• Players can convert in-game rewards known as Gems into $MEMAG tokens and cash them out into the best altcoins such as Ethereum or reinvest them into the ecosystem.
Meta Masters Guild (MEMAG) is an innovative and exciting new mobile gaming guild that is set to revolutionize the play-to-earn gaming ecosystem. At the center of this ecosystem is the native token $MEMAG, which is available for presale now. During the first stage, $MEMAG tokens are available at $0.007, and of the total 1 billion tokens, 35% are allocated to the presale. Furthermore, only 10% of the capped supply is allocated to exchange liquidity, meaning that investors have more access to tokens during the presale.
Meta Masters Guild is looking to change the play-to-earn gaming dynamic by creating an ecosystem that is sustainable and keeps gamers coming back for more. To do this, the platform is hosting exciting and entertaining games that offer players rewards in the form of Gems. These Gems can then be converted into $MEMAG tokens and cashed out for the best altcoins such as Etherium. Alternatively, players have the option to reinvest the tokens back into the ecosystem.
By playing MMG titles, players are able to take full ownership of all in-game assets received as rewards. Reinvesting options include using the tokens to purchase in-game items and upgrades, or to purchase card packs, which offer exclusive content. With the MEMAG tokens, players can also participate in tournaments, leagues, and events on the platform.
The Meta Masters Guild is a revolutionary platform that is set to revolutionize the play-to-earn gaming ecosystem. By introducing high-quality games and rewarding players with tokens, it is giving gamers the opportunity to earn while they play. So make sure to get your MEMAG tokens now during the presale and become part of the exciting new Meta Masters Guild.