The Raiden Network is Ethereum’s solution to its scaling problem. It is similar to Bitcoin’s Lightning Network, allowing users to initiate fast and low-cost transactions. It works with any ERC20 token.

While built on the Ethereum blockchain, Raiden differs from Ethereum as it does not require global consensus to transfer tokens between participants. Instead, it powers token transfers using hash-locks and digital signatures.

## Benefits of using the Raiden network

Several benefits come with using the [Raiden network](https://raiden.network/101.html). Some of them include;

•	Low transaction costs: transaction costs on the Raiden network are pretty low compared to the Ethereum blockchain. Users can cheaply transfer small quantities of ERC20-based tokens over the network. Payments can be divided into smaller portions over a period for the same fee.
•	Instantaneous transfers: users can send, receive, and confirm transfers instantaneously on the Raiden network. Transfers are as fast as sending text messages.
•	Increased privacy: Users also benefit from better privacy when sending coins over the Raiden network than over the Ethereum blockchain.

## The Raiden Network Token (RDN)

The Raiden Network Token (RDN) is the native currency of the Raiden network. Its main use case is to pay for services within the Raiden network. The token can be used for micropayments and API access.

RDN tokens have a max supply of 100,000,000. According to Coinmarketcap, they currently have a circulating supply of 66,793,931. 
Compared to other cryptocurrencies, RDN coins have had a steady price increase over the years, ever since they first appeared. The digital coins were first tradable on 7th Nov 2017. 

RDN coins are currently trading at $0.06658, with a live market cap of $4,448,620. They are ranked 973rd largest cryptocurrencies in the world.

## Raiden Network Token (RDN) price predictions

Several crypto prediction platforms, including WalletInvestor and Digitalcoinprice predict RDN coins will experience a few bull runs in the future, but it won't be enough to see them trade above $1. The digital coins will still be trading under $1 by 2024.

While they may not be a quick money maker, many investors agree RDN coins are good for long-term investment. At their price, RDN coins also offer a good entry point into the crypto market for many beginner crypto investors. 

## Where to buy RDN coins

RDN coins are listed in several crypto exchanges, including Gate.io, CoinDCX, Bancor Network, and Tokenomy.
Unlike other cryptocurrencies, RDN coins cannot be purchased directly with fiat money. The crypto coins can only be bought with other crypto coins. 

You’ll first have to buy a cryptocurrency like Bitcoin or [ETH](/coins/eth) from a fiat-to-crypto exchange, then go to any exchange that lists RDN coins and use your crypto to buy the coins.

## Where to store RDN coins

As ERC20 tokens, RDN coins can be stored in any ERC20 compatible wallet, including MetaMask and MyEtherwallet. The tokens can also be stored in hardware wallets that support Ethereum blockchain like Trezor and Ledger.

Bottom line

Is Raiden Network a good investment? The network has several benefits that make it better than the Ethereum blockchain. Its native token, while not as expensive as other cryptocurrencies, stands out with its use cases in the network. Many investors also see the crypto coin as good for long-term investment.

However, as is the case with any kind of investment, research is vital to ensure you make the right investment decision. Note that this is not financial advice but the opinion of the author.


Is Raiden Network a Good Investment?

Little Baby Doge is an altcoin operating with a very familiar name. If you have been in the space for a while, you'll know that Dogecoin is a well-known cryptocurrency. Little Baby Doge is a member of the Dogecoin family, but a separate crypto coin from [DOGE.](/coins/doge)

Here’s everything you should know about this altcoin.

## What is it?

Little Baby Doge, or LBD, is a hyper-deflationary altcoin created by an international group of climate activists who seek to combat climate change. The LBD project aims to reduce global warming.

The LBD altcoin is a native BEP 20 token built on the [Binance Smart Chain (BSC)](https://www.binance.com/en/blog/ecosystem/introducing-bnb-chain-the-evolution-of-binance-smart-chain-421499824684903434), a blockchain network that supports smart contracts. The network is a creation of the Binance exchange, one of the world’s largest crypto exchanges.

As a BEP 20 token, LBD has several use cases on the Binance Smart Chain. The tokens can, for example, be swapped for other BEP 20 tokens. They can also be used for NFTs and other digital assets.

LBD tokens were launched in November 2021, the same time its parent platform was being launched. No sooner had the tokens hit the market than they quickly hit an all-time high of 0.000000007938. According to the LBD team, the coins have a supply cap of 420 quadrillion.

## Little Baby Doge features

Some of the features that enable LBD to stand out include;

•	Buyback function: Buyback involves a project using its resources to repurchase some of its tokens, limiting its supply and increasing its overall value. Buyback is a major part of LBD's strategy.
•	Coin burning: Coin burning is a common practice among many altcoins that seek to limit their supply. It involves periodically burning coins, effectively eliminating them from existence.
•	Liquidity pair acquisition: Another great function of LBD, LP acquisition involves adding coins as a liquidity pair on decentralized exchanges, in this case Pancake Swap.

## LBD ecosystem

The LDB ecosystem has everything required to meet the needs of individuals in terms of products and services.
The project has an informative LBD wallet, an LBD Exchange and Farms platform, and an LBD lottery. The LBD Wallet provides news and updates about the LBD tokens, while the exchange and farms platforms offer users a place to swap all BEP 20 tokens.

The project also features an LBD NFT marketplace and auction house for its exclusive NFTs and an LBD Merch store. There is a "Change the World" Platform where the community, any individual, or organization can connect and donate to worthy climate change organizations.

On the plus side, at the beginning of 2022, LBD launched a play-to-earn platform where users can play games designed to raise awareness about climate change and earn tokens.

## Conclusion

LBD looks like a promising altcoin. Its features and many projects behind it can help elevate its value.
However, the coin looks like it has some distance to go before it gets to where Dogecoin and other popular altcoins are.


Little Baby Doge: Everything You Should Know

The Bitcoin dip has been going on for a while now, and some people wonder if it is coming to an end. While we cannot be certain, there are a few things that could indicate that the dip might be nearing its end.

## Signs the Bitcoin Dip Might Be Nearing its End

One of the most obvious signs is the recent increase in BTC prices. After months of decline, Bitcoin prices have started to rebound in recent weeks. This could signify that investors are beginning to see value in Bitcoin again and are willing to buy it at higher prices.

Another sign is the increasing number of transactions on the BTC network. Despite the price decline, the number of BTC transactions has continued to grow throughout the dip. This indicates that people are still using BTC and are finding ways to transact despite the lower prices.

The increasing number of Bitcoin-related projects and businesses could also be a sign that the Bitcoin dip is ending. Several projects were postponed during the dip, but there are still a number of companies working on new Bitcoin-related products and services. This suggests that there is still interest in BTC from both businesses and consumers.

What’s more, key indicators suggest that [BTC](/coins/btc) is currently undervalued. For example, the Bitcoin Relative Strength Index (RSI) is at 26, the lowest since 2018. This indicates that Bitcoin is currently oversold. In addition, Bitcoin has fallen past its 200-week moving average of $22,350, another sign that it's a bargain.

Of course, predicting where the bottom is for Bitcoin is impossible. Values fluctuate wildly, driven by speculation, hype, and the whims of the broader economy. However, the signs mentioned above suggest a good chance that the worst of the Bitcoin dip is over.

While some investors see this as a buying opportunity, others are worried that the market is in for more pain.

## Shark Tank's Kevin O'Leary Buying the Dip

TV personality and investor Kevin O'Leary said he's [taking advantage of the recent dip](https://markets.businessinsider.com/news/currencies/kevin-oleary-shark-tank-crypto-investing-strategy-portfolio-bear-market-2022-6) in prices to add to his positions in Bitcoin and Ether.

"I'm a buyer of dips; that's my general philosophy," O'Leary said on CNBC's Halftime Report. "I think we're in a long-term bull market for Bitcoin, and I don't try to time the short-term gyrations."

O'Leary, who has been investing in cryptocurrencies for about two years, said he sees Bitcoin as a store of value similar to gold. He also believes that Ethereum, the second-largest digital currency by market value, has more upside potential than BTC because it's being used more by corporations and developers.

"In the short run, anything can happen," O'Leary said. "But if you're a believer like I am in the long-term story...then you buy the dip."

## Factors to Consider

- First is your risk tolerance. What level of risk exposure are you willing to take on? If you are risk averse, then buying the dip may not be for you.
- Second is your time frame. Are you investing long-term, or are you looking to make a quick profit?
- Thirdly, consider your investment goals. Know what you hope to achieve by investing in Bitcoin.
- The other important thing to consider is your knowledge of Bitcoin and cryptocurrencies. Do you fully understand how BTC works and the risks involved?
- The fifth factor is the price. Is the current price attractive compared to where you think bitcoin will be in the future?

## Conclusion

So, is now the time to buy? Only you know the answer to that.

Of course, there's no guarantee that BTC prices will rebound or that the current dip is a good opportunity to buy.

However, if you have faith in the long-term potential of Bitcoin, then buying during a dip can help you towards better returns.


Is the Bitcoin Dip Over?

Blockchain-based games like Star Atlas continue to attract many people to the crypto space. The games have become quite popular since Axie Infinity brought them into the limelight in 2021.

The games provide a way for people to learn about blockchain and cryptocurrencies in a fun and interesting way, and are also a way to earn as you play.

A blockchain-based game that is currently garnering a lot of attention is Star Atlas. This article looks at all the game offers and if it is worth the hype.

## What is Star Atlas?

Star Atlas is a blockchain-based space-themed massively multiplayer online game, set in the year 2620, built on the Solana blockchain.

In the game, three major groups exist, Humans, Androids, and various alien races. Players must pick their factions and fight other factions for resources and territorial dominance.

The game's primary goal is space exploration. Players can explore space in spaceships discovering new distinctive planets with hidden treasures. Apart from being space travelers, players can also choose to become commanders, aviators, cabin crew, scientists, engineers, and entrepreneurs.

Almost everything in the game, including spaceships, weapons, and even crew members, is tokenised and therefore tradable.

## Incentives 

There are many reasons to play the game. For example, the game combines different genres, making it interesting and worthwhile. The game's strategic aspect will have you developing plans and tactics on how to interact with other players and expand your empire through different battles.

Star Atlas's exploration aspect will have you exploring alien planets in spaceships. You get to expand your empire by discovering new planets and establishing strategic trading routes. Space exploration can also lead to finding hidden and worthwhile surprises. During space exploration, you also enjoy the game's space flight simulation aspect.

## Deflationary Mechanism

Star Atlas also stands out because of its innovative deflationary mechanism features that allow players to engage in riskier activities for great rewards.

The game has safety zones where rewards are small and danger zones where rewards are great. Those who venture into the danger zones risk losing a lot, including their lives. But, their bravery earns them great rewards, if they survive.

For example, as a player, you and your crew might decide to venture into the deepest regions of Star Atlas, where your spaceship might get lost or be destroyed. If that happens, a burning process will be triggered, destroying your spaceship. Survive the danger zone challenges and you can claim the spoils of the battle from the salvaged [NFTs](/news/category/nft-news).

Star Atlas also features consumable in-game items that are destroyed as soon as they are used. The items include construction materials and fuels. Once they are destroyed, your avatar will get a temporary boost.

## Star Atlas Tokens

Star Atlas offers two native tokens, the ATLAS token and the POLIS token.

ATLAS token: ATLAS is a utility token that powers up the Star Atlas game. Players need the ATLAS token to transact in the game. They enable you to purchase in-game NFT items like a crew, spaceship, land, and mining equipment.

POLIS token: POLIS is Star Atlas' governance token. Holders can participate in decisions about the development of Star Atlas. The more POLIS tokens an individual holds, the greater their control over Star Atlas' ecosystem.

## Solana Blockchain

Solana, a public blockchain that supports smart contracts, is designed to host decentralised and scalable apps, also known as dApps.

Founded in 2017, Solana is one of the fastest, most secure, and censorship-resistant blockchain networks. Solana also features affordable transaction fees averaging at about $0.00025 per transaction.

These are some of the reasons Star Atlas was built on it. For example, low transaction costs make in-game trading with NFTs affordable.

Besides using Solana, Star Atlas features direct integration with Serum Dex, a decentralized exchange. The integration is a plus for players as it enables them to interact with smart contract-enabled Defi platforms while gaming.

## Final Word

Star Atlas looks like a great blockchain game with a lot to offer. The game provides different gaming experiences that can easily hook lots of gamers. Built on the Solana blockchain, the game stands to benefit from its security and speed.

Players also get to benefit from two native tokens, ATLAS and POLIS. With ATLAS tokens, players can buy and trade in various in-game NFT items. With POLIS tokens, players can vote on the future direction of Star Atlas.

Star Atlas boosts its gaming experience with real-time graphics technology using Unreal Engine 5’s Nanite. The game offers what most blockchain games are yet to offer.


Star Atlas: What's the Game About?

Mining is one of a few ways to get cryptocurrencies. However, the demand and complexity of the process are why not many people engage in it. This article is going to explain what a [Hashfish Miner](http://hashmining.org/) is.

Crypto mining requires miners to have specific technical skills, hardware, and software. Mining rigs also need constant monitoring to ensure they are working efficiently.

The demand and complexity of crypto mining led to the rise of online systems that allow individuals to mine crypto without the need for technical expertise or a mining rig. Online systems like Hashfish Miner enable users to mine crypto with a single click of a button.

## What is Hashfish Miner?

Hashfish Miner is crypto mining software designed to ease the crypto mining process. The software enables anyone to mine cryptocurrencies. Users don't need any mining hardware or expertise to use the platform. It is a creation of Hashfish, a [blockchain technology](/news/category/blockchain-news) company founded in 2018.

### Some of the major features include;

•	Automatic mining: users simply need to download hashfish and start mining crypto
•	Instant withdrawals: users can withdraw their crypto mining earnings at any time
•	Dynamic algorithms: users can switch algorithms to profitable ones for higher yields
•	Access anytime: Hashfish Miner is accessible to users at any time of the day or night

The major selling points are its no-commission services and claims that members can earn $1.46 per day from their 1080Ti Graphic card. On its site is another claim about running over 300,000 PCs worldwide. 

## Is Hashfish Miner Legit?

Hashfish Miner appears, at first glance, to be legitimate. Any newbie can easily fall for what the platform is offering. However, a closer look into the platform reveals a different picture. Many who have reviewed or used it claim it is not legit.

A few things that can easily make anyone question the legitimacy of Hashfish Miner include;

## Guaranteed returns

Hashfish Miner promises members earnings of $1.46 per day. However, it does not explain how the daily returns are possible. Anyone who has been in the crypto space for even a little while knows there are no guaranteed returns, even when it comes to crypto mining.

## Hard to verify claims

Hashfish Miner is backed by information that can't be proved. Most of its claims, including that it runs more than 300,000 PCs worldwide, can't be verified.

## Negative reviews

While a few sites have positive words about Hashfish Miner, most have nothing but negative reviews. Many who have already used the platform claim its services are not legit. There is also very little information available about the crypto mining software, even on the web.

## Final Word

Hashfish Miner might appear like the real deal to many people looking to benefit from crypto mining without needing expensive mining hardware or expertise, but be careful.

The mining software has all the signs of a scam. Its guaranteed daily returns, negative reviews, and lack of transparency are just a few things that can make anyone think twice before using it.

Hashfish Miner Explained

Do you want to keep your money safe? Do you want to make sure that your investments are secure? If so, then [Hydrazine crypto](https://www.livecoinwatch.com/price/Hydrazine-N2H4) could be the solution for you.

## What is Hydrazine Crypto?

Hydrazine crypto is a digital asset that uses hydrazine fuel to power its blockchain. The hydrazine fuel is used to process transactions and secures the network.

Hydrazine is designed to be a fast, efficient, and scalable way to process transactions. Hydrazine is also energy-efficient, using less energy than traditional blockchain systems.

The crypto runs on the Solana blockchain and is compatible with all existing Solana wallets and exchanges. Hydrazine crypto is an ERC-20 token and can be stored in any ERC-20 compatible wallet.

## How Does it Work?

Hydrazine uses a Proof-of-Work/Proof-of-Stake hybrid system that allows for fast and secure transactions. The team behind Hydrazine has also implemented a unique algorithm that makes it impossible to trace the origins of a transaction. This means that your privacy is protected, and you can make anonymous transactions.

There is no doubt that the Hydrazine team is committed to providing a safe and secure platform for users. They have implemented several security measures, including two-factor authentication and a whitelisting process.

With its fast, secure, and anonymous features, Hydrazine will make a significant impact in the world of cryptocurrency.

## Why Do People Use Hydrazine to Store Money?

Reasons why people choose to store their money in Hydrazine crypto are plentiful.

One of the most popular reasons is that it is a secure way to store digital assets. Hydrazine crypto is also resistant to radiation and extreme temperatures, making it an ideal choice for long-term storage.

Another reason people use Hydrazine crypto is that the hydrazine fuel behind it is a stable and inexpensive chemical compound. It is difficult to break and has a long shelf life, making it an ideal choice for secure long-term storage of digital assets.

## Final Word

In a world where online security is always a concern, it's no wonder people are turning to Hydrazine crypto to keep their money safe. This new system is reliable and easy to use, making it the perfect choice for anyone looking for alternatives to traditional banking methods.

So far, Hydrazine crypto has been a huge success, and we predict that it will only continue to grow in popularity. Have you tried out this innovative new way to store your tokens?

For more Latest Crypto News, visit [Latest Moni.](/news)


Hydrazine Crypto: The Newest Way to Keep Your Money Safe!

Have you heard about the [BTC Profit](https://btcprofit.com/) trading bot and wondered if you could make huge returns?
The idea that anyone can easily make money in the crypto space has led to the rise of crypto trading bots. 

With a crypto trading bot, crypto traders can begin earning from their crypto holdings easily, regardless of their expertise level.

Or so it is claimed. But are the bots legit?

This article reviews one popular crypto trading bot, BTC Profit, also referred to as Bitcoin Profit.

## What is BTC Profit?

This is an automated crypto trading bot built and designed to ease the struggle of crypto trading. The Bitcoin Profit bot uses an AI algorithm to identify trading opportunities in the crypto market and act on them on users’ behalf. It can automatically open and close trades on users’ trading accounts, eliminating the need for constant manual intervention from traders.

Due to automation, BTC Profit can trade 24/7 across more than a dozen cryptocurrencies. According to the crypto trading platform, around 85% of its trades close for a profit under normal market conditions. Users don't have to worry about service fees as the platform does not charge any.

Bitcoin Profit only requires users to deposit a minimum of $250 to start using it. It even eases the worry of people with a demo account. The demo account enables users to test the bot's capabilities before beginning to use deposited funds to trade.

## How does BTC Profit work?

Bitcoin Profit uses a sophisticated AI algorithm that has been trained on years’ worth of cryptocurrency market data to identify and execute crypto trades. The bot can easily monitor price changes and spot price patterns that are likely to precede a directional movement.

Once BTC Profit spots a pattern, it opens a trade on a user's behalf. It will then continue to monitor the development of the trade and exit when the signal fades or a profit target is reached. Funds and profits will then be returned to a user's account.

## Pros and cons of BTC Profit

Pros
•	24/7 automated crypto trading
•	No service fees
•	85% success rate, according to Bitcoin Profit

Cons
•	Requires a minimum deposit of $250

## Is Bitcoin Profit Legit or a Scam?

Over the years, many crypto trading bots and platforms have been revealed to be scams, which is why vigilance is necessary when looking to use a trading bot for crypto trading.

## Signs Bitcoin Profit might be a scam

•	85% success rate claim
Bitcoin Profit's 85% success rate claim is one clear red flag. The crypto market is one of the most volatile markets in existence. The market does not guarantee profits. Anyone, whatever technology they are using, can easily lose or earn money from the crypto market.

•	Negative reviews
Bitcoin Profit continues to get many negative reviews from reputable reviewers and users worldwide. The platform markets itself as a reputable crypto trading platform with plenty of positive reviews and testimonials to support its claims. However, many of the positive reviews have been exposed to be fake. Using fake testimonials and reviews is another reason to think twice about using the platform.

•	Fake endorsements
Bitcoin Profit has been accused of and exposed for using images and names of influential individuals for marketing purposes. Some big names that have been used to entice unknowing individuals into using the BTC Profit platform include Jim Davidson, Conor McGregor, Elon Musk, Gordon Ramsey, and Piers Morgan, among others.

## Final Thoughts

Bitcoin Profit easily appears as a legit crypto trading platform. The benefits that come with using the trading bot can easily entice anyone looking to venture into crypto trading with zero trading skills.

The platform promises to generate big rewards using small amounts of money. You only need a minimum of $250 to start using the platform and enjoy great rewards. It is also absolutely free to use as there are no service fees. The best part is that it enables anyone, regardless of their crypto trading expertise, to start earning from crypto trading.

The advantages are great.

However, the signs are there that the BTC Profit platform might equally be a raw deal. The 85% success rate claim, negative reviews, and use of fake endorsements all indicate the platform could be a scam.

Before you consider using this trading bot, do your research.


BTC Profit: Everything You Should Know

HBAR crypto, or Hedera, is the native token of Hedera Hashgraph, a public decentralised distributed network where anyone can transact in crypto and develop dApps.

Hedera Hashgraph stands out as a distributed network that functions without the limitations of blockchains networks. The security and validation algorithms it is based on are more efficient than those used on blockchain networks.

## Hedera Hashgraph

Founded in 2017, Hedera Hashgraph is a unique type of blockchain that powers cryptocurrencies, smart contracts, and dApps. The network is faster and more energy-efficient than regular blockchain networks.

Its speed and energy efficiencies are attributed to its underlying hashgraph consensus mechanism and the global enterprise governing body that owns and operates it. Hedera Hashgraph’s governing council includes multinational corporations like Boeing, TATA, IBM, Telekom, Google, LG, Magalu, and Swirlds.

## How Hedera works

The [Hedera](/news/article/hedera-hashgraph) distributed ledger is run on a group of nodes that is operated by the Hedera governing council. In the future, the mainnet nodes will be permissionless and run by anyone without informing Hedera.

The nodes use a “gossip protocol” algorithm to verify time sequence and validate transactions. The algorithm enables Hedera to execute fast and low-cost transactions while ensuring the highest security standard to prevent malicious attacks.

Hedera claims that its network can handle more than 10,000 transactions per second with a three-to-five-second settlement and confirmation time. The average cost of a transaction on the network is $0.0001.

## Hedera Founders

Leemon Baird, a computer scientist, and Mance Harmon, a tech executive, are the founders of Hedera. It was Baird who invented the hashgraph distributed consensus algorithm that serves as the heart of Hedera Hashgraph.

In 2015, Baird and Harmon founded the corporation Swirlds, which holds the patents to Hashgraph innovations. In 2017 Baird co-founded Hedera Hashgraph. The company launched the website, cryptocurrency, governing council, and whitepaper in 2018.

## HBAR Crypto

HBAR crypto is a utility token of the Hedera network. It has several use-cases. Token holders can make use of them to pay for transaction fees and in-app payments and micro-payments. The tokens can also be used to secure the Hedera network.

HBAR entered the crypto market in August 2018 through an Initial Coin Offering (ICO). At the time, each coin sold for $0.12, with 14,400,400 coins being sold for $120 million. As of writing (17/6/2022), according to Coinmarketcap, HBAR tokens are worth $0.0684. They are currently the 34th largest cryptocurrency with a live market cap of $1,420,427,584.

HBAR crypto can be bought on various crypto exchanges where they are listed. They can also be earned by participating in securing the Hedera network. Staking HBAR coins can result in more coins.

HBAR tokens have a max supply cap of 50,000,000,000 HBAR coins. There are currently 21,084,776,584 HBAR coins in public circulation. The tokens are to be released over a period of 15 years.

## Where to Buy HBRA Crypto

Several crypto exchanges, including Binance, Kucoin, Huobi Global, Uphold, and Bitstamp, list HBAR crypto. If you are already a Binance user, for example, you can add HBAR crypto to your crypto portfolio by buying them with your credit or debit card.

Besides using fiat money, you can also use other cryptocurrencies to buy HBAR. If you have crypto in another wallet, you can transfer the crypto to your Binance wallet and purchase your preferred amount of HBAR coins.

Unlike other cryptocurrencies, you don’t have to buy other cryptocurrencies to buy HBAR crypto. The coins can be purchased directly with fiat currency. You'll have to do your research to ensure you use the right crypto exchange for HBAR crypto purchases.

## Where to Store HBAR Crypto

HBAR crypto can be stored on crypto exchanges, soft wallets, and hard wallets. Some of the[ recommended](https://hedera.com/buying-guide) places to store your HBAR coins include;

•	BitGo, Fireblocks, Hex Trust, and Kingdom Trust: They provide custodial crypto storage services
•	D’CENT, Ledger: They are hardware wallets, best for storing large amounts of HBAR coins
•	Abra, Atomic, Coinomi, Edge, and Exodus: They are software wallets, great for convenience

The best place to store your purchased HBAR crypto depends on your crypto storage needs. Custodial, non-custodial, software, and hardware wallets have pros and cons.

Custodial wallets are, however, a great place to start for beginner crypto investors.

## Final Word

Hedera Hashgraph is not a truly decentralised blockchain network to many crypto enthusiasts. Considering its design, however, it stands out as revolutionary technology that can help with blockchain adoption.

HBAR, the Hedera Hashgraph native cryptocurrency, also stands out as a promising cryptocurrency. The token is more than a buy-and-hold cryptocurrency. Its several uses make it a worth considering investment option.

Considering the huge corporations backing the coin and the technology behind it, HBAR crypto can be a great long-term investment option, especially for beginners.



HBAR Crypto Explained

Need a break from the real world? Then come on over to [Gala Games](https://app.gala.games/)! They have all the entertainment you need. You'll undoubtedly find something to your taste. And with their easy-to-use interface, you can start playing right away – no downloads necessary.

This article explores everything you need to know about Gala Games.

## Gala Games

Gala Games is a Web3 gaming firm that has created a ground-breaking new way of playing by employing decentralisation, player ownership, and reward economies.

It is on the cutting edge of a new gaming era, where players own their in-game experiences and are rewarded for their achievements. With dozens of games in development and several already in beta or presale stages, Gala Games is quickly becoming the world's go-to source for own-your-experience gaming.

What sets Gala Games apart from other gaming companies is its use of decentralisation, player ownership, and reward economies to create a truly unique gaming experience.

Whether you're a seasoned gamer looking for something new or a complete novice just dipping your toes into gaming, Gala Games has something for you.

## The Genesis of Gala Games

The company has created a platform that incorporates play-to-earn mechanics and non-fungible tokens ([NFTs](/news/category/nft-news)) with game developers who understand how to make entertaining games. The result? A recipe for success.

Gala Games is working with developers like Peter Molyneux and Will Wright as well as household entertainment brands such as the notorious The Walking Dead. Gala Games' president, John Osvald, said in a recent interview at the game developer's conference that while games embrace NFTs' new technology of unique digital items and play-to-earn model of play, the emphasis is on developing games that make players happy.

In other words, they're not just playing around - they're serious about fun. And we think that's pretty cool.

Gala Games is a growing empire, but it's still early days yet. The company only has 1.3 million active players, but it's raised funds by selling NFTs used in the games. It pays for blockchain processing costs by giving tokens to those who run the nodes.

The Gala Games blockchain ecosystem was established on the token GALA. The token allows players to invest in their game development, and they'll be able to get paid for being active participants in the development process.

In many video games, the game assets are virtual - only existing within the game world. However, with blockchain games, players can invest in and own their game assets. Not only that, but they'll also be able to resell them if they choose.

Moreover, players will have a say in the game's future development, courtesy of their tokens. So not only can they own their game assets, but they can help shape the game itself. Now that's what we call putting your money where your mouth is!

## Underway Games

Gala Games have nine announced games in the works and a total of 26 in progress. It began with Town Star, a town simulation and farming game, followed by the ever-popular Spider Tanks. In Spider Tanks, players can build their mechanical spider-like tanks from various parts and buy and sell their own NFTs.

But Gala games isn't stopping there - they're also working on a huge fantasy role-playing online game, Mirandus, which has been pushed back until a later date.

What’s more, they have a multiplayer survival game coming for The Walking Dead franchise. So whether you're into farming simulations or post-apocalyptic zombie games, Gala games have you covered!

## Gala Games Vs. Epic Games Partnership

Gala Games and Epic Games have entered a deal to publish Gala's titles on the Epic Games Store. Gala's Web3 games will be available on the Epic Games Store, allowing it to reach more than 194 million users and differentiate itself from other gaming token platforms.

According to President John Osvald of the Gala gaming organisation, the partnership with Epic Games will provide greater credibility to blockchain gaming. He added that the deal marks "a turning point" for players unfamiliar with digital ownership, i.e., NFT gaming.
This big win for Gala Games should help increase the adoption of blockchain technology in the gaming industry.

## Parting Shot

So, what can we learn from Gala Games? They were the first to understand how people play games and applied that understanding in a way that made their games successful. Additionally, they continue to innovate by expanding into new genres and working with Epic Games. What will be their next move?

We will find out in time, but it's sure to be exciting! 


Gala Games Explained

Are you looking for the best Cardano NFT marketplace options? Then you've come to the right place.

Cardano is a popular and reputable public blockchain founded by Charles Hoskinson, the co-founder of [Ethereum](/coins/eth). It stands out as a Proof-of-Stake blockchain. It features a native token, ADA, that can be used to pay transaction fees and be staked to earn rewards.

Launched in 2017, like Ethereum, Cardano features smart contract functionality. Developers use it to create decentralised apps (dApps) and decentralized finance platforms (DeFi).

Among the many projects built on the Cardano blockchain are NFT marketplaces. The blockchain supports several reputable NFT marketplaces with different features. In this article, we zoom into five of the best Cardano NFT marketplace options.

## [CNFT.io](https://cnft.io/)

Launched by a decentralised team in July 2021, CNFT.io is the first Cardano NFT marketplace. It is one of the biggest Cardano NFT marketplaces.

CNFT.io features various listing options and supports several Cardano wallets, including Nami and Gero. It has a native token, $CNFT. $CNFT tokens are utility tokens that can be used to access projects on CNFT.io's upcoming Launchpad, special giveaways, promotions, and more.

To access CNFT.io, users must first sign in with a username and password. To purchase any NFT on the platform, users must first fund their crypto wallets. It charges a 2.5% service fee for each NFT sold.

## Jpg.store

Jpg.store is another reputable Cardano NFT marketplace that markets itself as the number one NFT marketplace on Cardano. Its minimalistic design makes it quite user-friendly. Locating available NFTs on the platform is a walk in the park.

Jpg.store features several listing options, minting tools, and a Launchpad, allowing NFT creators to mint, verify, distribute, and market their new NFT projects. It supports several crypto wallets, including Nami, Gero, and Typhon.

Jpg.store stands out with its open-source smart contracts. The platform is all about transparency. Several other pluses include rarity charts on every asset page, traits filtering, and royalties for creators. This Cardano NFT marketplace charges a 2% service fee.

## Tokhun.io

Tokhun.io is a great Cardano NFT marketplace that was initially designed as a minting platform before evolving into a smart contract-driven marketplace. Like CNFT.io, it is among the first NFT marketplaces to be launched on Cardano. It was established in March 2021.

Tokhun.io features various listing options, minting tools, serialised minting, an auction system, creator royalties, and authenticity validation. Like CNFT.io, Tokhun.io has a native token, $TKHN, which can be used to buy, sell, and mint NFTs.

While Tokhun.io isn’t the most visually appealing Cardano NFT marketplace, it does have a decent social media following. You need to sign up for a user account to mint, sell, or buy any NFT from the Cardano NFT marketplace. There is a 2.5% service fee to consider.

## Galaxy of Art

Galaxy of Art is a Cardano NFT marketplace backed by a team of ten persons from Germany, the USA, Greece, and India. The individuals range from programmers, project managers, financial experts, and educational experts to artists.

Like most NFT marketplaces on Cardano, Galaxy of Art claims to be the largest NFT marketplace on Cardano. This is yet to be proven. Launched in January 2022, Galaxy of Art is fairly young. However, it has quickly proven to be a reliable NFT marketplace.

Galaxy of Arts features various listing options, minting tools, and a time auction system. Users are, however, limited to using insider wallets. They cannot link their accounts to external crypto wallets.

## Cardahub

Cardahub is an easy-to-use marketplace that markets itself as the most advanced NFT service on Cardano. While its superiority claims are yet to be proven, it is the most technically refined NFT marketplace on Cardano.

Cardahub, among other things, features various listing options, minting tools, collection pages, free and premium minting, and a Launchpad. Its strategic partnerships are another reason it has become quite popular since its launch in 2021. It has over 25 partnerships that have helped with its growth.

Cardaub supports several wallets, including Nami, Gero, Eternl, Flint, and Yoroi. You will have to connect either of the supported crypto wallets to create, sell, or buy NFTs from the platform.

It is impressive that the platform is run by a team of Vietnamese crypto-enthusiasts working remotely from Switzerland, Germany, Sweden, and Vietnam.

## Final word

Without a doubt, Cardano supports some of the best NFT marketplaces around. While some are still in their early stages, many continue to show great promise.

CNFT.io, Tokhun.io, Cardahub, jpg.store, and Galaxy of Art are only a few of the many NFT marketplaces on Cardano. Most, if not all, of the NFT marketplaces are easy to use and feature various listing options.

With a Cardano wallet, you can easily start minting and selling your NFTs on either of the platforms.


Cardano NFT Marketplace Options for You

[Netflix](https://www.netflix.com/) is a powerhouse in the streaming world, and it looks like it could be about to enter the cryptocurrency market. There are rumors that the company is planning to launch its own Netflix cryptocurrency. If this is true, it would be a massive move for both Netflix and the cryptocurrency world.

## What's the Netflix Cryptocurrency Position?

As the popularity of cryptocurrencies grows, people are eager to know if there will be Netflix cryptocurrency. There's nothing official from Netflix yet, but it is certainly possible that it could create a cryptocurrency in the future.

Such a move would make sense for Netflix, as it would allow them to tap into the growing cryptocurrency market and provide their customers with a new way to pay for their subscriptions.

Netflix has already shown an interest in blockchain technology, the underlying technology behind cryptocurrencies. In 2018, they launched a "Netflix Blockchain Explorer" project, which allows users to view information about transactions on the [Bitcoin](/coins/btc) blockchain.

So, while there is no official word from Netflix yet, it is certainly possible that they could create a cryptocurrency in the future.

## How Netflix is Open to the Idea of Netflix Cryptocurrency

It's the hot new topic in the world of finance - will Netflix be the next company to launch its cryptocurrency? While the streaming giant has not made any official announcements, there are plenty of reasons to believe that Netflix could prepare to enter the crypto space.

For one thing, Netflix has been a strong advocate of blockchain technology, with several executives openly expressing their interest in the potential of digital currencies. In addition, Netflix has recently partnered with several major cryptocurrency exchanges, providing further evidence that the company is seriously exploring the possibility of launching its own Netflix cryptocurrency.

Of course, only time will tell whether or not Netflix eventually decides to launch its crypto coin. Experience dictates that we will likely see a Netflix cryptocurrency sooner rather than later.

## The Possible Impact of Netflix Cryptocurrency

While the streaming service is yet to comment on the rumors, we must admit that a Netflix crypto would make a lot of sense. After all, what could be more convenient than being able to pay for your Netflix subscription with a few clicks of a button?
With Netflix's ever-expanding global reach, a Netflix crypto would make it easier for people from all over the world to join the streaming revolution.

Of course, there are also some potential downsides to a Netflix cryptocurrency.

For one thing, it could open the door to Netflix price manipulation. After all, if Netflix was to start accepting Bitcoin as payment, then the price of Bitcoin could potentially skyrocket.

This is all speculation, but it's certainly something to keep an eye on in the months and years ahead. Who knows? We may be seeing a Netflix cryptocurrency.

Netflix Cryptocurrency: When will it Happen?

Is the Reef crypto project the answer to many cryptocurrency investors' dreams?

As DeFi projects continue to receive a great deal of attention in the crypto space, the lack of interoperability is a serious bottleneck with which users grapple. This is especially the case when they interact with a variety of applications as they try to tap every opportunity that DeFi has to offer.

A platform enabling users to access and interact with all their preferred DeFi applications in one place seems to be an urgent need right now. That's precisely where the Reef crypto project comes in.

Here, we explore the Reef crypto project.

## What is Reef Finance (REEF)?

[Reef finance](https://stake.reef.finance/) is a project that looks to tokenise staked assets and enable decentralised automated market making, synthetic investments, and liquidity mining through a single platform backed by Polkadot.

It allows users to stake their DOTs, BTC, ETH, and other assets to earn from yield-generating synthetic assets. Moreover, the REEF token powers the entire ecosystem and is used for governance, fees, and liquidity mining.

The Reef crypto project has seen much interest from big-name investors like Multicoin Capital and ParaFi Capital. As a result, Reef Finance appears to be well-positioned to become a leading player in the DeFi space.

## How Does Reef Finance Work?

It's a cross-chain blockchain platform that enables users to trade across different DeFi platforms, like Aave, Uniswap, Synthetix, and Compound.

The system does this by pulling liquidity from many sources - which is how it finds the best possible yield rates for users while stabilising network liquidity. Cross-chain connections with other DeFi platforms are enabled through the Reef Basket Engine. This 'basket engine' contains the Reef Smart Yield Engine and the Reef Intelligence Engine.

Reef Smart Yield Engine

The Reef Smart Yield Engine is a machine learning and AI-powered yield engine that allows users to invest in baskets of currencies and earn stable yield rewards. The Smart Yield Engine is powered by user behavior, which determines the engine's methodologies to back the baskets of currencies in which users invest. Five of the key features of the Smart Yield Engine are:

•	user investment flexibility
•	staking duration flexibility
•	basket creation
•	cross-chain investments
•	stable yield rewards.

This enables Reef Finance to become a decentralised finance platform that supports many assets and investment strategies. Thanks to the Reef Smart Yield Engine, users can easily and confidently invest in various assets without worrying about the complexities of managing those assets themselves.

With the Smart Yield Engine, Reef Finance can provide users with the stability and security of a traditional financial institution while still maintaining the freedom and flexibility of a decentralised platform.

## Reef Intelligence Engine

The Reef Intelligence Engine is an important tool for anyone looking to get involved in DeFi. This powerful engine sources data from all over the internet, including asset prices, on-chain data, and liquidity pool activity. The Intelligence Engine can monitor the financial markets in real-time and make micro-adjustments to the Smart Yield Engine with this information.

As a result, the Basket Engine can rebalance portfolios and allocate assets with yield automation. In other words, the Reef Intelligence Engine is the brains behind the operation, making sure that everything runs smoothly.

The Reef Basket Engine combines the two engines - the Intelligence Engine and the Smart Yield Engine. Essentially, it's a machine that helps rebalance and allocate assets based on yield. And it does all of this automatically!

If you're seeking a way to invest in DeFi with less hassle, the Reef Basket Engine is worth checking out.

## Who Are the Founders of Reef Finance? (A Brief History of History of the Reef crypto project)

The Reef crypto project is a relatively new addition to the crypto-verse, but it's already made quite a splash. The team behind Reef are veterans of the industry, with a long history in both traditional finance and crypto. And they're not afraid to show it - the Reef website proudly displays the team's resumes, complete with an impressive education and work experience.
But who are these people, and what does their experience mean for Reef? Good question - let's dive in and find out!

Denko Mancheski founded Reef Finance in 2019. Mancheski, who is from Macedonia, has a strong background in crypto. He previously served as Adel's Chief Technology Officer, an international crypto incubator designed for blockchain innovation. The goal of Reef is to lower the barrier to investing and enable inexperienced and new traders to invest in a variety of cryptocurrencies with automated liquidity and a simplified trading process.

Mancheski created the project to make it easier for people to get into investing. It seems to be working so far! The team behind Reef is constantly expanding, and they've already partnered with some big names in the industry.

So, it looks like things will only get bigger and better for Reef Finance!

## What Makes Reef Finance Unique?

There are plenty of options out there when it comes to cryptocurrency, but not all of them are created equal. The Reef crypto project is unique because it offers a one-stop-shop for your DeFi needs:

•	It leverages the Polkadot network to offer scalable and low-cost financial services. This gives it some serious scalability advantages over other projects.
•	It has built a staking ecosystem that allows users to earn rewards for participating in the network.
•	 It has a team of experienced developers passionate about building the next generation of financial products.

With Reef, you can deposit any crypto and earn interest on it, trade various assets, and even take out a loan if you need to.
Reef is built on several platforms such as Avalanche, Binance Smart Chain, Moonbeam, Plasma, and [Ethereum](/coins/eth), thanks to how the protocol has been designed on Polkadot.

## What Gives Reef Finance Value?

Reef Finance is a unique DeFi project that offers a cryptocurrency swap protocol and liquidity staking platform. If you want to add some extra "oomph" to your portfolio, Reef Finance might be the perfect fit. This up-and-coming cryptocurrency is great for several reasons, but one of the most compelling is its potential uses in the realm of DeFi.

Reef Finance is still in its infancy, but it's already showing a lot of promise. In addition to being a versatile tool for managing digital assets, its edge over other cryptocurrencies comes from many unique features. For example, its native token (REEF) can be used to earn interest on deposits, the stake for governance, and participate in liquidity mining pools.

In other words, it's got a lot of utility. But what sets Reef apart is its focus on security. Its developers have designed a robust security protocol that includes multi-sig wallets and fraud detection features. As the world of DeFi continues to grow, Reef Finance is positioning itself as a safe and reliable way to participate.

All of these factors combine to give Reef Finance significant value. If you're looking for a cryptocurrency with real-world potential, Reef is worth checking out.

## How to Use Reef Finance

The protocol provides a suite of DeFi products and services, including staking, liquidity mining, trading, and investing. Reef also offers yield rewards and other DeFi services that can be easily integrated into the highly upgradable, forkless network.

The native token of Reef Finance is the REEF token, which can be used for liquidity mining, staking, lending, borrowing, and paying fees.
In addition, traders can trade REEF in the cryptocurrency exchange to take advantage of the best yield rates through an automated process.

## Final Thoughts

Reef Finance is a unique project that can revolutionize how finances are handled. Using blockchain technology and its own Reef Intelligence Engine, it can provide a more efficient and secure way for people to conduct financial transactions.

The Reef crypto project aims to provide financial services for the world's 2 billion unbanked population. The Reef Intelligence Engine will allow users to borrow money, invest in projects, and use other financial services.

Reef Finance is unique in its focus on providing these services to the unbanked population. This gives Reef Finance value because it provides a much-needed service to those who don't have access to traditional banking services.

The founders of the Reef Crypto project have a long history in the finance industry and bring years of experience and knowledge. This makes Reef Finance a valuable investment opportunity.


Reef Crypto: Everything You Need To Know

Wondering what the [Ethereum](/coins/eth) price GBP could be by 2023? Crypto analysts have gathered their minds to brainstorm the prediction about the price of Ethereum this year and beyond.

Ethereum is highly popular since it’s feature-rich and has a vast number of applications that imply long-term growth. Perhaps you've heard about its connection to smart contracts, NFTs, and DeFi.
Some claim that it has the capacity to displace Bitcoin! What's more, unlike most altcoins, Ethereum is less likely to crash and burn. Still, it has the potential to moon and earn investors massive profits.

Here we explore Ethereum price GBP and everything you need to know about Ethereum prices. But first things first. What’s Ethereum?

## Ethereum in Brief

Ethereum is a decentralised computing platform that runs smart contracts: applications that execute exactly as intended, with no chance of fraud or third-party manipulation.

Ethereum as a cryptocurrency is mined like Bitcoin, but Ethereum's mining process is different. Ethereum miners who contribute more to the network receive a more significant percentage of the block reward than a proportion of the overall number of blocks. Ethereum was proposed in 2013 by Vitalik Buterin, a cryptocurrency researcher and programmer. Bitcoin inspired him, but he thought Bitcoin needed more features than just being a digital currency.

Millions of people worldwide have used Ethereum, and it has been used to power some of the world's most extensive decentralised applications. Ethereum is a versatile platform that can be used for various purposes. Contracts and programs can be written in any programming language, and they can be run on Ethereum's blockchain.

Ethereum's native currency, Ether, is used to pay for transaction fees and computational services on the Ethereum network. Ether can also be traded on exchanges for other cryptocurrencies or fiat currencies like GBP or US.

## A Brief History of Ethereum

Ethereum's price in GBP grew almost exponentially in 2017 and early 2018 due to the popularity of Initial Coin Offerings (ICOs). ICOs were a way for Ethereum projects to raise money by selling tokens to investors. Because you needed Ether to participate in ICOs, the demand for Ethereum soared. However, the era of ICOs is now over as regulators have cracked down on them.

Many projects turned out to be scams, which shocked the market enormously. Ethereum lost more than 92% of its value in 2018, but it has since rebounded from the price that dropped below $100. Ethereum's price will continue to rise as more and more people realise its potential.

The Ethereum blockchain, by far, is the most durable smart contract platform. It is said that 96% of the top cryptocurrencies have an Ethereum foundation. This means that 89% of the 1,000 best tokens are based on Ethereum.

## Ethereum Price Prediction for 2023 by Crypto Experts

Ethereum price GBP is forecast to stabilise in 2023, with predictions varying from a minimum price of $1,711 to more than $8,000. Ethereum holders can breathe a sigh of relief, as most experts do not show any steep drop in price throughout the year. However, some predictions are more optimistic than others.

The Ethereum community will be keeping a close eye on the market throughout 2023. So, sit back, relax and hold on to your ETH - it looks like we're in for a bumpy ride.

## Coin Price Forecast

On a wild ride, the price of Ethereum has been spiking up and down, but Coin Price Forecast's predictions are relatively optimistic. Their experts believe that Ethereum will reach $3,237 by the middle of 2023 and then continue to rise in value, reaching $3,965 by the end of the year. This is good news for Ethereum investors, who have seen the value of their investment increase significantly over the past year.

However, they warn that Ethereum's price is susceptible to sudden changes and could drop before rising again. So, if you're thinking of investing in Ethereum, it's essential to keep an eye on the market and be prepared to act quickly. Who knows? You might make a killing.

## [Trading Beasts' Predictions](https://tradingbeasts.com/price-prediction/ethereum)

Ethereum's price is forecasted to peak in January 2023 at $3,491.198, which is quite a pessimistic prediction by Trading Beasts. They say that the value of ETH will reach its lowest point in December, with a minimum of $1,805.995.
This is quite a steep drop from the beginning of the year and has caused Ethereum price GBP to be a hot topic among investors. According to their sources, the average price of ETH throughout 2023 will be within the $2,100-$2,800 range. However, some believe that Ethereum's price could spike again due to the increasing popularity of Ethereum-based DeFi applications.

In other words, if you're thinking about investing in Ethereum, you might want to hold off until after the New Year, when prices are predicted to stabilise again. Maybe Ethereum will have a rebound and prove Trading Beasts wrong!

## [Long Forecast](https://longforecast.com/ethereum-price-prediction-2018-2019-2020-2021-eth-to-usd)

If the Economy Forecast Agency's predictions are correct, Ethereum is in for a bumper year. By December, the value of Ethereum will have almost tripled, reaching $7,000. This will be good news for investors, but it may also mean that Ethereum becomes less accessible to everyday users.

While the price of Ethereum has been steadily climbing over the past few years, it remains to be seen whether this upward trend can be maintained. Only time will tell whether the Economy Forecast Agency's predictions come true.

Month  Open    Low-High	Close
2023
Jan	 2,194	2,194-2,723	 2,545
Feb	 2,545	2,545-3,159	 2,952
Mar	 2,952	2,952-3,560	 3,327
Apr	 3,327	3,327-4,129	 3,859
May  3,859	3,859-4,789	 4,476
Jun	 4,476	4,476-5,555	 5,192
Jul	 5,192	5,192-6,036	 5,641
Aug	 5,641	4,406-5,641	 4,738
Sep	 4,738	4,738-5,881	 5,496
Oct	 5,496	5,496-6,821	 6,375
Nov	 6,375	5,772-6,640	 6,206
Dec	 6,206	6,206-7,458	 6,970

## [Wallet Investor](https://walletinvestor.com/forecast/ethereum-prediction-data/1)

Ethereum is a popular cryptocurrency, and it looks like its popularity is only going to continue to grow. According to Wallet Investor, Ethereum is forecast to have a positive year in 2023. The year will begin with a minimum price of $4,350.190, and by July, the minimum price will have risen to $5,460.000. Finally, by December, Ethereum is predicted to have a minimum price of $6,440.330.

Ethereum is an excellent investment for those looking to make some money in the cryptocurrency market. So, if you're thinking about investing in Ethereum, now may be the time to do it.

## What's the Future of Ethereum Price GBP?

Ethereum (ETH) is currently the second-largest cryptocurrency by market capitalisation, Ethereum price GBP, and is expected to maintain this position in the foreseeable future. The Ethereum token is firmly entrenched as the second-largest cryptocurrency behind Bitcoin (BTC).

Ethereum accounts for approximately 54% of the $117billion in Total Value Locked (TVL) on all blockchains, especially in decentralized finance (DeFi) software. According to DeFi Llama, Ethereum is the first smart contract platform with a provably fair distribution of funds that is fully decentralised and censorship-resistant. The coin's benefits include its large developer community, leadership position in decentralized finance (DeFi), and planned to scale improvements for Ethereum 2.0.

However, Ethereum's price will continue to be influenced by various factors, including global economic conditions, innovation in the DeFi space, and Ethereum's scalability issues. Nevertheless, Ethereum is expected to remain a significant force in the cryptocurrency world for years to come.

"Several crypto firms have seen their valuations soar due to massive capital injections. Ethereum layer-2 developer StarkWare attained a $6 billion valuation, Immutable hit a $2.5 billion valuation with its NFT gaming platform, and Roofstock completed a funding round at a $1.9 billion valuation for its online real estate business." According to data compiled by James Butterfill, head of research at CoinShares, usage of Ether and bitcoin, and stablecoins, as a substitute for cash has risen in Ukraine and Russia.

"At times, Russia and Ukraine have seen daily trading volumes of US$80 million per day. This has primarily been against the crypto pairs USDT and BUSD, popular US Dollar stable coins (cryptocurrencies linked to the US dollar). Still, we've also seen significant quantities of Bitcoin and Ethereum used...We believe that cryptocurrencies are being utilised as a financial hedge against declining national currencies and their mobility, particularly by Ukrainians seeking to flee their country."

## Final Thoughts

So, what's the future of Ethereum price GBP? Experts have weighed in with their predictions, and while no one answer fits all, it seems likely that Ethereum will only continue to grow in value. However, it's important to remember that these are just forecasts and that prices could go up or down depending on various factors. In short, whether you're looking to invest now or hold off for a bit longer, Ethereum is worth keeping an eye on as we move into the future.

With such potential for growth, don't be surprised if the Ethereum price skyrockets in the next few years since it's here to stay.


Ethereum price GBP: What could it be by 2023?

Do you like to play games? Metaverse games are a new and unique way to make money. They involve interaction with other players in one virtual world, making the experience more fun and engaging. You can also promote your brands according to your terms in these games.

Many companies have turned their attention towards metaverse games following Facebook's re-brand to "Meta." This means that top metaverse games will rise in prominence in the coming years. To be part of the cutting edge of gaming, don't miss out on this incredible opportunity - get started now!

## Famous Play to Earn Metaverse Games

Those seeking ways to make some serious cash might want to think about getting in on the Play-to-Earn revolution. With this brand-new business model, you can use non-fungible tokens, cryptocurrencies, and other blockchain technologies to generate real-world value from in-game goods and other digital products.
Here are some popular P2E games:

## [Axie Infinity](https://axieinfinity.com/)

There are now many games where users can earn real money. Axie Infinity is one of the most popular games in this category, and it's easy to see why.
Based on the popular Pokémon franchise, Axie Infinity allows users to breed, race, and trade their pets, called "Axies," for money or SLPs. What's more, the game is NFT-based, meaning that it supports [Ethereum](/coins/eth)-based cryptocurrencies as payment methods.
If you're looking to make some money in the Metaverse, check out Axie Infinity. Who knows, you might just hit the jackpot!

### Features

Adventurous: You must fight with chimera and gather important treasures to go further in this action-packed game. This will be useful when it comes to improving your army.
Become a legend: If you want to be legendary in PvP battle, you will need to be able to defend yourself against difficult opponents.
Breeding: You can create a new ultimate offspring by crossing your axies.

## Alien Worlds

If you're looking for a metaverse game that'll take you to another world, look no further than Alien Worlds. This game consists of seven planets that reproduce a digital facsimile of Earth. Each has its unique economy based on Trillium (TLM) game tokens. The game is available for free on the Steam platform, so you can explore all it offers without breaking the bank. You can stake Trillium on planets to cast votes in upcoming elections or increase the prize pool. In addition, you can participate in weekly council elections, make proposals for how planetary money should be divided, and even run for positions on the planetary council yourself.

And if you're looking for an out-of-this-world metaverse game experience, check out Alien Worlds.

### Features

Metaverse Art Space: You can produce games, music, artwork, and stories here.
You can use the Metaverse to establish your community. Share activities, objectives, or experiences with your fellow travelers on the Metaverse.
Explore: You can hire a spacecraft and explore the Metaverse here.

## Splinterlands

Metaverse games like Splinterlands are becoming increasingly popular as they offer a unique and immersive gaming experience. In Splinterlands, players take on the role of summoners, battling it out with fantastical creatures in various exotic locations.

The game features an innovative card-based combat system. It offers players a wide range of customisation options to create their perfect teams. With its engaging gameplay and rich metaverse setting, Splinterlands is quickly becoming one of the most popular metaverse games on the market.

Splinterlands is one of the play-to-earn Metaverse games, making it a more enjoyable experience.
The gamers can buy, sell, and trade their digital assets just as easily as if they were physical cards in this section. Overall, the game is a fun and unique way to metaversing!

### Features

Swift Transactions: In Splinterlands, transactions are quick, and the expenses are low.
Become a critical thinker: Splinterlands is all about maximizing your chances of winning and constructing the finest team possible by devising the most effective methods in your favor.
Transparency: Users may examine and verify the history of each card in Splinterlands and how many distinct kinds of each card are or will be available in the future.

## Conclusion

Whether you're a gamer looking to make extra cash or a businessperson searching for new marketing opportunities, metaverse games offer many potentials. With the continued growth of the virtual and augmented reality markets, more and more businesses will likely begin experimenting with game-based marketing campaigns.
So far, we've seen some great successes from games like Axie Infinity, Alien Worlds, and Splinterlands.
If you're looking for ways to reach new customers and increase sales, metaverse gaming may be just what you need.


Metaverse Games To Make Money: A Guide

As the global cryptocurrency landscape evolves, so do crypto regulations governing it. Keeping up to date with the rules and regulations in different countries is not always easy, but it is essential for anyone looking to trade or invest in cryptocurrencies.

Here are some key regulatory developments in the space over the past year and what we can expect in the year ahead.

## United States

The Securities and Exchange Commission (SEC) in the United States has been ramping up its scrutiny of the cryptocurrency space.
In 2020, the SEC brought many enforcement actions against companies and individuals involved in illegal activity, including fraud and money laundering. The SEC also issued several investor warnings about the risks of investing in cryptocurrencies.

In 2022, the SEC is expected to continue its crackdown on illegal activity in the cryptocurrency space. The agency is also likely to release more guidance on what types of digital assets will be considered securities. This could significantly impact how cryptocurrencies are traded and sold in the United States.

The Internal Revenue Service (IRS) considers cryptocurrencies a digital representation of value that serves as a store of value, unit of account, and a medium of exchange. Still, it does not consider them to be legal currency. As a result of this guidance, the IRS has issued cryptocurrency-specific tax rules.

## Europe

As the European Union looks to 2022 and beyond, cryptocurrencies will continue to play a significant role in the digital economy. In light of this, the EU is taking steps to ensure that crypto assets are regulated to promote innovation and protect consumers.

The Fifth Anti-Money Laundering Directive (5AMLD), brought into force in January 2020, is a vital part of the EU's efforts to regulate cryptocurrencies. 5AMLD brought cryptocurrency-fiat currency exchanges under EU anti-money laundering legislation to prevent the use of crypto assets for illicit purposes.

The European Commission is considering proposals to extend 5AMLD to cover custodial wallet providers and peer-to-peer (P2P) exchanges. The Commission is also considering introducing a pan-EU licensing regime for cryptocurrency service providers.

The European Union is also working on developing its digital currency, known as the Digital Euro. The Digital Euro would be a new form of central bank money, available to all citizens and businesses in the EU. The European Commission is currently exploring the feasibility of launching a Digital Euro and is expected to present its findings before the launch.

## China

In Asia, China has been one of the most active countries when it comes to regulating cryptocurrencies. In 2017, China banned initial coin offerings (ICOs) and shut down cryptocurrency exchanges. Since that time, the Chinese government has taken a more cautious approach to space.

In 2020, China launched its digital currency, known as the "digital yuan." The digital yuan is not entirely decentralised like other cryptocurrencies. However, it is still seen as a significant step forward for the adoption of digital currencies.

The Chinese government is also working on a blockchain-based system to track and trace digital assets.
This year, we can expect more regulatory clarity from the Chinese government. The digital yuan is expected to launch in a pilot program sometime this year. And the [blockchain-based tracking system](https://finance.yahoo.com/news/cbdc-launch-first-2022-093011347.html) could be up and running very soon. And it will be legalised as payment for tolls, transport fares, bills, and goods.

## South Korea

As the global cryptocurrency market matures, governments and financial institutions pay increasing attention to digital assets. Cryptocurrencies are not treated as legal money in South Korea. While exchanges are legal, they operate in a carefully regulated environment.

Cryptocurrency transactions are currently tax-free in the country because they are considered neither currency nor a financial asset. However, the Ministry of Strategy and Finance has stated that it will consider imposing a tax on cryptocurrency earnings to provide clarity for investors.

The South Korean government announced a new bill in March 2021 that requires cryptocurrency investors to use the same name on their digital wallet accounts as they do on their bank accounts. That requires cryptocurrency exchanges to provide information to banks to confirm customer identities.

The Tax on Cryptocurrency in South Korea was supposed to go into effect in January 2022, but it has been delayed until January 2023. South Korea has also committed to maintaining the tax framework to foster international financial transparency. In addition, the country has stated that it will continue working toward aligning the industry with FATF's anti-money laundering standards.

## Final Thoughts

The United States, Europe, China, and South Korea are all taking different approaches to regulating cryptocurrencies. Here's a breakdown of what each country is doing and how it will impact the future of crypto.

•	The United States has been relatively hands-off when it comes to cryptocurrency regulation. However, the SEC recently clarified that they consider some digital tokens to be securities. Companies issuing or selling these tokens must comply with federal securities laws. 
•	Europe is taking a more rigorous approach to crypto regulation than the US. The EU has classified Bitcoin as a currency and virtual asset, which subjects it to certain regulations like anti-money laundering and terrorist financing laws. Additionally, new rules proposed by the European Commission would require exchanges to verify customer identities and report suspicious activity. 
•	China has taken a hard line on cryptocurrency regulation, banning ICOs and exchanges. However, the Chinese government is still researching blockchain technology and its potential applications. 
•	South Korea is another country that has taken a tough stance on crypto regulation. The government has banned anonymous trading, required exchanges to verify customer identities, and limits how much money Koreans can invest in cryptocurrency.

These different approaches to regulating cryptocurrencies will have a big impact on the industry's future. In the US, crypto companies will need to comply with securities laws if they want to sell digital tokens. In Europe, crypto exchanges will need to verify customer identities and report suspicious activity. And in China and South Korea, crypto trading is more difficult due to the restrictions placed on exchanges.

As the world grapples with crypto regulations, it will be interesting to see how these different approaches play out.


Crypto Regulations 2022 and Beyond

A decentralised blockchain DNS server is a system that registers, manages, and resolves domain names on the blockchain.

The server works like a conventional DNS server with one major difference, decentralisation. Decentralisation enables blockchain servers to work without the inconveniences of conventional DNS servers, which include intermediary interferences and control.
Conventional DNS Server

The conventional DNS server works like a public directory stored on a network of computer servers. It translates domain names, humanly understandable addresses, into IP addresses, which are understandable by machines.

The problem with conventional DNS servers is their centralised nature. Data from the servers are distributed worldwide but are managed by different organisations hierarchically. There is the first level, also known as the root level, managed by registries, and the second level, which registrars operate.

Big names like Google, [Amazon](https://www.amazon.com/), GoDaddy, NameCheap, and Cloudflare currently dominate the domain registration space. They register and rent domain names to users in a centralized manner that is neither private nor democratized. The services can choose at any time to delete or remove a customer’s domain. Their centralized nature also leaves them vulnerable to cyber-attacks like hacking.

## How a decentralised blockchain DNS server works

A decentralised blockchain DNS server relies on blockchain technology for the security and privacy of users’ data.

Blockchain operates as a data structure distributed through a decentralised network. The technology lives on nodes, computers run by participants on the network. It features no central authority.

Once on the blockchain, data is encrypted and stored immutably. It is also time-stamped for easy auditing. Tampering or deleting data on the blockchain is an impossible task for many hackers.

The decentralised nature of blockchain makes it hard for powerful entities like governments to influence the use and regulations of decentralised blockchain DNS servers.

## Qualities of decentralized blockchain DNS servers

•	Availability: A decentralised blockchain DNS server suffers no downtime. It is available 24/7 for the benefit of users.
•	Integrity: Blockchain ensures decentralised blockchain DNS servers are incorruptible. Data stored on the servers is always secure from corruption, modification, or deletion. 

•	Confidentiality: Encryption ensures users' data on decentralised blockchain DNS servers is only accessible to users and those they wish to share it with. No one, government, company, or organisation, can access users' data.

## Conventional DNS servers vs Blockchain DNS servers

How blockchain DNS servers can solve some of the problems plaguing conventional DNS servers

Conventional DNS servers are controlled by a few organizations, governments, and companies. These third parties have the power to control internet services. They can censor and block internet usage. Companies that register and rent domain names can at any time delete or remove customers' domains.

Blockchain DNS servers work without the need for intermediaries. Users of the servers don't have to worry about internet censorship or blockage. Domain name holders don’t have to worry about losing their domain names at any moment and without any apparent reasons why.
The centralised nature of conventional DNS servers leaves them vulnerable to cyber-attacks and corruption. Hackers only need to hijack a few servers or corrupt a few controls to compromise the systems.

Blockchain DNS servers function without a single point of failure vulnerability. The system operates on a decentralized network that is almost impossible to hack. Its immutability nature means data cannot be corrupted once on the network.

Conventional DNS servers are not privacy-focused. Data from the servers can be tracked and collected to be sold for advertisement purposes.
Blockchain DNS servers are highly encrypted for privacy. Only those with access to a blockchain network can view and modify data. There is no tracking or collecting of users' data on a blockchain DNS server.

Conventional DNS servers are also susceptible to downtimes when one component of the whole is not working as the resources are hierarchical.

Blockchain DNS servers work without the possibility of inconvenient downtimes. The servers don't operate based on a hierarchical structure. They operate on nodes that are unlikely to suffer a downtime simultaneously.

## Types of Blockchain DNS

Blockchain DNS is available as a browser extension or stand-alone software. Some of the browser extensions used to access blockchain domains include FriGate, Blockchain DNS, and PeerName. FriGate is designed for Google Chrome, while Blockchain DNS is designed for Firefox. PeerName is available for Chrome, Firefox, and Opera.

Popular Blockchain DNS software includes Namecoin, Blockstack, HandShake, Emercoin, Stack, Alaoha blockchain DNS, and Unstoppable Domains.

## Final word

Decentralised blockchain DNS servers offer internet users a better way to register, manage, and resolve domain names. Thanks to blockchain technology, DNS files become harder to modify, delete, or corrupt. The files are also protected against censorship by governments.

Decentralised blockchain DNS servers may not be as popular as conventional DNS servers, but they offer many benefits that make them worth it.

More [Learning resources](/articles/learn-moni).


Decentralised Blockchain DNS Servers Explained

It isn't just about ETH to GBP values. [Ethereum](/coins/eth) is the most well-known of altcoins, and it's much more than just another cryptocurrency for many investors and enthusiasts. Experts say that this innovative platform could grow in value by 400% in the coming years, making it an appealing option for anyone interested in diversifying their digital investments.

Launched by [Vitalik Buterin](https://time.com/6158182/vitalik-buterin-ethereum-profile/) in 2015, ETH, or Ether, has seen incredible growth since its creation. With a price ranging from a low of $0.311 at launch to an all-time high of nearly $5000 late last year, Ether is a highly volatile currency with plenty of opportunities for those willing to take on risk. And despite recent drops below $2800 over the weekend, Ether still offers a powerful return on investment for individuals who purchase at the right time, representing a lifetime ROI of over 700,000%.

Ethereum's popularity is partly due to its utility as a software network that allows developers to build and power NFTs, apps, and new tools. The blockchain-based software network includes several functions and applications all over the tech globe, especially for decentralised finance (DeFi), gaming, entertainment, and music. With multiple potential uses, it's no wonder Ethereum is one of the most popular cryptos.

Since Ethereum's inception in 2014, its price has been on a rollercoaster ride. ETH cost has fluctuated wildly in the past year, rising from around GBP 100 in early 2020 to GBP 900 by December. And while the current ETH to the GBP exchange rate is around GBP 450, experts believe that Ethereum still has a lot of upside potential. Its annualised ROI since 2014 is nearly 300%, meaning early investors have quadrupled their investment every year.

## So what's driving Ethereum's price projections?

### Ethereum Price Projections

Looking to venture into the cryptocurrency craze, but unsure where to start?

There is no easy answer when it comes to predicting the price of Ethereum or any other cryptocurrency. Many experts agree that it is nearly impossible to accurately predict the future price of a volatile commodity like Ethereum. However, they note that Ethereum has seen tremendous growth in recent months and is poised for even more success in the coming year.

Some have suggested that Ethereum's transition to "Ethereum 2.0" could significantly drive growth in the coming months, making ETH even more appealing and sustainable for widespread use. Will that happen? Who knows - for now, there is no doubt that ETH is an exciting investment opportunity worth keeping an eye on.

Given these variables, here are some expectations for Ethereum's value throughout the year:

### $12,000+
 
The price of Ethereum has been rising in recent months, and Coinpedia predicts it will continue to grow in the coming years. If Ethereum's anticipated Ethereum 2.0 transition is successful, the price could reach as high as $12,962.33 by 2022. The latest upgrades could potentially make Ethereum more cost-effective for users to mint and create products.

With the new upgrades, Ethereum could become a more viable option for developers and users alike, leading to even more growth in the coin price. Only time will tell if Ethereum 2.0 will be a success, but if it is, it could significantly impact the cost of Ethereum.

### $6,500-$8,000

When Coinpedia predicted that Ethereum (ETH) could hit prices between $6,500 and $7,500 by 2022, many in the crypto community noticed. While this bullish sentiment seemed to hold true at first, it quickly became apparent that Ethereum's price would not arise purely from sentiment.

In recent months, the rising price of Ether has captured the attention of investors around the world. According to Henri Arslanian, a global crypto leader at PwC, ETH to GBP is currently "the only show in town." However, demand and functionality will need to improve for the ETH price GBP to continue rising and capture more market share in the crypto market.

Many experts speculate that this can be achieved through advancements in blockchain technology and a growing awareness of Ethereum's capabilities among businesses and consumers alike. For example, Ian Balina has remarked that ETH could potentially reach $8,000 by taking advantage of its leadership position and overcoming its current shortcomings related to high gas prices and slow transaction speeds.

### $4,000-$5,000

ETH is currently in a good place. The cryptocurrency has been on the rise since early 2021 and shows no signs of stopping. Predicting the price of a volatile cryptocurrency is hard, but most experts agree that Ethereum could reach $4,000 again by 2022. In fact, Bloomberg intelligence analyst Mike McGlone recently predicted that Ethereum could end the year between $4,000 and $4,500. All in all, it looks like ETH is slowly but surely climbing up to where it belongs.

## What Drives Ethereum's Price

Ethereum is renowned for being the first blockchain to utilize smart contracts. These innovative features have contributed to Ethereum's popularity and helped it earn a reputation as one of the leading contenders in the fast-growing world of blockchain technology.
However, in recent years, a new wave of ETH alternatives has emerged, bringing similar capabilities and changing the demand dynamics for ETH.

Several key factors impact ETH prices and can potentially influence its value positively and negatively.

## Utilisation and High Traffic

With the advancement of smart contracts and non-fungible tokens on the Ethereum blockchain, artists and creators have taken control of their digital creations in a whole new way. This has been a blessing for the blockchain, as it has helped to grow both the popularity and adoption of Ethereum. However, some view this growth as a curse. The high transaction volume on the Ethereum network has created what some call a "bottleneck" on the blockchain.

In other words, the increased popularity of Ethereum has made it difficult for users to transact efficiently due to congestion and high transaction fees.

In recent years, the popularity of Ethereum has risen dramatically, primarily driven by the growth and success of blockchain-based applications and other decentralized technologies. However, in the meantime, several new companies have emerged that are creating competitive solutions to the existing Ethereum platform.

These add-on solutions, known as Layer 2s, are designed to work on top of the current Ethereum network. In contrast, entirely new blockchain networks - also known as Layer 1s - have been released as potential alternatives to Ethereum. As a result, these emerging competitors have begun to pull users away from the Ethereum blockchain and into their platforms, creating a steadily growing climate of competition within the marketplace.

For investors interested in how these trends could affect the value of their investment in Ethereum, this increased competition is somewhat bittersweet. While it suggests that users are still enthusiastic about blockchain technology overall, it may lower demand for ETH to GBP conversion or ETH price GBP if users opt instead for alternative blockchains with more established track records. Ultimately, only time will tell how these trends affect market positioning for ETH trading and ETH price forecasts within this rapidly changing landscape.

## First Mover Advantage

Ethereum has been a crucial player in the cryptocurrency world since its launch in 2015. Since then, many other cryptocurrencies have entered the market, including some more environmentally friendly than Ethereum. However, experts believe that Ethereum's "first-mover advantage" will help it maintain its position in the market.

Cryptocurrencies are only valuable if a community of users is willing to buy and sell them. Thankfully, Ethereum has a first-mover advantage and a large and committed community of users. This makes it well-positioned for long-term success.

Ethereum, which by market capitalisation is the second-largest cryptocurrency, is well-positioned to meet future demand growth, experts say. Although new blockchains like Solana and Cardano provide similar functionality, Ethereum has a large and active user base that is likely to continue to grow.

Additionally, Ethereum developers have shown a willingness to expand capacity if needed rapidly. For now, it appears like the Ethereum community is content to wait and see if additional power is required. However, if demand increases, Ethereum is well-positioned to meet that demand.

## Competition from 'Ethereum-Killers'
 
In 2021, the terms "cryptocurrency" and "NFT" entered the mainstream consciousness, signaling a growing interest in Web3 technologies and their potential to revolutionize the internet's interaction. With its focus on improved data security, transparency, and user ownership of digital assets, Web3 has quickly become a hot topic in tech circles.

Companies like Ethereum and other leading blockchains like Solana, Cardano, and Tezos have been at the forefront of this emergent movement. Driven by ambitious goals to develop new infrastructure that will power the future vision of a truly decentralised web, these organisations have attracted significant investment from visionary investors who see parallels between today's Web3 pioneers and those involved in the dot com boom of the late 90s.

As more users flock to Web3 platforms, it seems certain that this groundbreaking technology will play a pivotal role in shaping our technological landscape for years to come. Whether it's ETH to GBP conversion or ETH price GBP exchange rates, there is no doubt that Web3 represents an exciting chapter in the evolution of our increasingly connected world.

## The Future of Ethereum

As the saying goes, "April showers bring May flowers." And after a long winter, nothing feels more refreshing than warmer weather and brighter days. For Ethereum, the past few months have been something of a downer. Despite ongoing optimism from the crypto community, Ethereum has been struggling to find its footing following a period of intense volatility. However, there is reason to believe that Ethereum will come back soon.

According to Arslanian, Ethereum currently holds over 90% of the NFT market. He expects this year to be a make-or-break year for the innovative contract blockchain. Zannos similarly believes that Ethereum has what it takes to rebound from its current slump, citing the strong community momentum as a critical factor in its favor.

So, while we wait to see how things will play out, there's reason to believe better days ahead for Ethereum.



ETH to GBP: Is Ethereum the Next King of Crypto?

If you want to know the best cryptocurrency to invest in, should you really ask a celebrity?

The popularity of cryptocurrencies has seen many celebrities embrace them. Some celebrities choose only to promote the coins, while others have taken the bold step of investing in the coins.

Matt Damon, Reese Witherspoon, and Kim Kardashian are a few celebrities promoting different cryptocurrencies. Floyd Mayweather, Kanye West, and Paris Hilton are some celebrities who have already invested in various cryptocurrencies.

## Celebrities in the Crypto Market

Celebrities, like everyone, are allowed to invest in whichever asset they wish. However, their involvement in the crypto space has solicited different reactions from different people.

Some people believe celebrities’ involvement in the crypto market is good. They can help grow the market by influencing people to join it. 

Other people look at celebrities in the crypto space as bad, especially those only promoting the coins and not investing in them.

Using their popularity and influence, celebs and social media influencers can easily mislead their fans into investing in the wrong cryptocurrency.

For example, [according to a lawsuit filed in California](https://www.cbsnews.com/news/cryptocurrency-kim-kardashian-celebrity-pump-dump-lawsuit/#:~:text=Celebrities%20Kim%20Kardashian%2C%20former%20NBA%20star%20Paul%20Pierce,for%20themselves%2C%20a%20lawsuit%20filed%20in%20California%20alleges.), Kim Kardashian, Floyd Mayweather, and former NBA star Paul Piece are celebrities accused of using their fame to promote a little-known cryptocurrency called EthereumMax as part of a large scheme to defraud investors while profiting.

## Celebrities Influencing Crypto Investment

Elon Musk is known for influencing the crypto market with a single tweet. He is best known for influencing the price movements of [Dogecoin](/coins/doge) and [Bitcoin](/coins/btc).

He tweeted on February 4, 2021: "Dogecoin is the people's crypto". The tweet increased Dogecoin's price by 10% within an hour and 50% within a day.

On April 28, 2021, Elon tweeted: "The Dogefather." The tweet, alongside the endorsement of billionaire investor Mark Cuban, increased Dogecoin prices by 30%.

In the case of Bitcoin, in March 2021, Elon tweeted: "You can now buy a Tesla with Bitcoin". The tweet enabled Bitcoin to reach nearly $65,000 within a month. In June 2021, Elon tweeted that he had fallen out of love with Bitcoin. The tweet sent Bitcoin price plummeting by 4%.

Even in 2022, Elon Musk's tweets continue to affect the crypto market. Because of his influence, many people await his tweets to make crypto investment moves.

Gwyneth Paltrow, Paris Hilton, Mike Tyson, and Tom Brady are other celebrities who have tweeted promoting various cryptocurrencies.

## Fake Celebrity Endorsement

Scammers have also taken advantage of the increase of celebrities in the crypto market. Some scammers use celebrity images and names to promote fake coins to unsuspecting people.

Before clicking on that pop-up ad, it's always best to do further research to know if the celebrity on the ad promotes the cryptocurrency or crypto platform.

Facebook is currently in trouble for allowing fake celebrity endorsement posts using pictures of TV stars to promote crypto scams. A lawsuit against Meta, Facebook's parent company, claims the company was aware of the fake ads but didn't take any action.

## Conclusion

Celebrity involvement in the crypto space has its pros and cons. However, a celebrity endorsement of a particular cryptocurrency should never be why you invest in the coin. The best cryptocurrency for you to choose to invest in is one you've researched and are confident about.
 
 
 
 
 



Best Cryptocurrency to Invest In?

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