For the CEO of Tesla, Elon Musk, base layer transactions of the Dogecoin (DOGE) chain are far more superior to Bitcoin and Ethereum’s.

Recently he commented on his support for Dogecoin, saying the token actually has “a much higher transaction volume capability than Bitcoin, and the cost of doing a transaction, the Dogecoin fee, is very low". 

"Right now, if you wanted to do a Bitcoin transaction, the price of doing that transaction is very high. So, you could not use it effectively for most things," he said.

In his latest pubic speech at the Qatar Economic Forum, Musk reiterated his support for DOGE although the meme-based cryptocurrency plunged from an all-time high of $0.76 in 2021 to a price of $0.068 at the time of writing.

Musk is currently facing a[ $258 billion lawsuit over allegations](https://news.monitalks.io/news/article/elon-musk-dogecoin) his companies SpaceX and Tesla are part of a racketeering scheme to back Dogecoin. He explained his love for the currency by saying he met many people who were not rich but who encouraged him to buy the token. “I am responding to those people,” he said.

He also clarified that while Bitcoin and Ethereum “are pursuing a multilayer transaction system”, their base layer transaction rate is slow and transaction cost is high. 

“There is merit to Doge maximizing base layer transaction rate and minimizing transaction cost with exchanges acting as the de facto secondary layer,” [he elaborated](https://twitter.com/elonmusk/status/1413396249546563586).

## Dogecoin more scalable than Bitcoin according to Mr Musk

When talking about the differing monetary policies between Bitcoin and Dogecoin, Musk said that low issuance rate could result in hoarding and discourage spending. 

Bitcoin cuts the issuance rate in half roughly every four years, while Dogecoin has an unchangeable issuance rate.

“It won’t need to reach visa speed, as regulated exchanges will act as de facto second layer. But the perfect should not be the enemy of the good – it is still good to increase base layer transaction speed & lower base layer transaction cost,” Musk concluded.

The thing is straightforward, after all -  Dogecoin is more scalable because of its layer-one protocol that doesn’t need one more network. The term layer-one is used to define the primary blockchain architecture. Layer-2, on the other hand, is a network that appears at the top of the underlying blockchain.

Even though Bitcoin advocates have been slamming Musk's tweets, saying he's making a groundless admonishment of the widely-adopted cryptocurrencies, the cost and speed of the Bitcoin blockchains have actually been problematic in the past. However, recent upgrades have improved both.


Elon Musk's view on base layer functionality

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

Axie Infinity is one of the leading play-to-earn crypto games with a high-performing P2E asset, AXS. But, recently, the token plunged below its support range, and as of 13 June 2022, it stands at $13.20 only. According to Coingecko, last year, AXS recorded its all-time high value of $164.90, and now it's gone down by 90%. Besides, Axie Infinity price prediction for coming years shows a declining market.

The reason for its downfall isn't only the bearish market outlook. Several other factors are at play here - like cyberattacks and the shallow hype for P2E gaming. As an investor, you must be aware of these factors to gauge the potential of AXS. To give you an idea of whether Axie Infinity will go up again or not, here are some insights!

## Understanding Axie Infinity Economy

Before making an Axie Infinity price prediction or any investment decision, it is important to learn how its economy works. Axie Infinity is a blockchain-based game that deals in two digital tokens; Smooth Love Potion (SLP) and Axie Shards (AXS).

Like most P2E games, it is another idle game of the battle genre. In the beginning, players must buy Axies to participate in the fights. For winning local fights, you can earn SLP, while tournament games would give you AXS, which is a more valuable token. 
You can also get Axies by breeding them. If you already have two Axies, you can breed them to get another one with the abilities of both. In addition, you can also acquire SLP and AXS through crypto exchanges for trading.

However, the value of both tokens depends on the demand of the Axies in the game. If the demand is low, players can trade their digital assets on different exchanges. This, in turn, negatively impacts the tokens’ price.

[Source](https://www.decentralised.co/p/the-economics-behind-axie-infinity?s=r)

## Axie Infinity price prediction 2022, 2025 & 2030

According to [DigitalCoinPrice](https://digitalcoinprice.com/forecast/axie-infinity)’s Axie Infinity price prediction, at the end of 2022, it doesn’t show much rise and will be averaging $20.52. Moreover, the data indicate that in 2025, AXS's price will only reach $29.48. Comparably, till 2030, the coin does not seem too bullish as its average value in that year will likely be around $70.32.

In comparison, PricePrediction.net suggests steady growth in the AXS price. By the end of this year, we might see it rise to around $26.71. By 2025, the forecast indicates that it will be averaging $88.87. Moreover, the data shows that it will cross its previous highest value in 2027. And by 2030, it will be averaging $556.99.
Why the sharp decline in Axie Infinity’s value?
The overall bearish trend in the crypto market can be one of the factors for Axie’s decline. However, there are two other primary reasons for its sharp decline.

### 1.   Hype for P2E gaming

As a torchbearer of the play-to-earn games, it has fallen short of this claim. The game isn’t quite competitive in terms of gameplay – especially if you compare it to other MMO battle games. That’s why the player base mainly plays this game with the intention to earn rather than enjoy.
But the game recently introduced its latest version, Axie: Origin, which doesn’t involve the AXS or SLP tokens. Though they have improved the gameplay and graphics of the game, claiming to cater to the non-crypto gamers, the version has failed to attract the masses.
Currently, Axie Infinity has around 18,000 active players. This player count has seen a slump from over 70,000 at the start of the year.

## 2.   Cyberattacks threatening the ecosystem

Cyber Attacks on the ecosystem are the other reason for a decline in the Axie Infinity price predictions. Last month, cyber attackers hacked the discord server and made a fake announcement for the minting of an Axie NFT.

Before that, on 23 March 2022, Axie Infinity blockchain also experienced grave cyber theft. This caused the blockchain to lose over $600 million worth of [USDC](/coins/usdc) and Ether through the Ronin Network.
Because of these hacking attempts, gamers are becoming more sceptical towards Axie Infinity. Investing in such an ecosystem is quite risky; that’s why investors are hesitant to invest their money.

## Is Axie Infinity a good investment?

The current Axie Infinity price prediction is in the red, and its value is diminishing abruptly. It hasn't shown any stability lately, which means higher volatility. Moreover, the overhyped P2E mechanism and the cyberattacks on its blockchain make it a risky investment.
*italic text*
Nonetheless, there are some bullish Axie Infinity price predictions done by some researchers, too. If you’re considering investing in AXS, it’s better to conduct your research. Only invest the amount you can afford to lose and take the advice from your financial advisor if you may before making any decision.



Axie Infinity Price Prediction Hurdles

[Linear Finance (LINA)](https://coinmarketcap.com/currencies/linear/) is an [Ethereum](/coins/eth) protocol developed from the concept of combining traditional finance with the cryptocurrency sector.
 
Dubbed “Liquids”, Linear Synthetic asset tokens indicate a scope of different assets, including commodities, cryptocurrencies and indices.

According to the official website, the focus is on providing a “superior user experience with better scalability and greater speed”. 

This is enabled via Linear Finance’s cross-chain capabilities, which utilise Ethereum and partner chain networks.
Founded by Drey Ng and Kevin Tai, the protocol is constructed from multiple products. The base is represented by the Buildr DApp component that holds the whole protocol in line. Investors stake the native LINA token to mint the stablecoin dubbed LUSD, completely utilized via the platform.

Users are then allowed to push their LUSD through the protocol’s exchange, allowing them to trade the Liquids. At the time of writing, users could trade 20 assets on the exchange, including tokenised gold and silver.

Traders then can change their Liquids or tokens to another blockchain type with the so-called Swap DApp. This is pretty convenient when it comes to “composability” with other DeFi platforms.

Also, there are even more benefits native tokens have. Instead of trading, investors can put their LUSD into the vault and earn interest in LUSD, BUSD and LINA.

## LINA’s past performance

By launching the public sale of its token in September 2020, LINA had quickly gained popularity among traders, especially after it reached $1.8 million in seed funding.

The finance token pumped to its record of $0.03 on 19 September, after the release of a pre-staking program. According to the company, stakers on the first day earned the retaliation of a more than 1,500% annual percentage yield.

## 5 years LINA Price Prediction  

If we have the newest geopolitical situation in mind, where traders are not willing to risk and are seeking more stable and quicker profits, LINA may seem as a ‘bad’ long-term investment. 

 If the investors’ sentiment does not change and goes toward more stable assets, the coin’s average price could decline to $0.0028 by the end of 2022 and $0.0014 by the end of 2025. 

In five years, LINA could plunge to $0.0012. 

On the other hand, if we take a more bullish approach, Ethereum stays stable and investors diminish their fears, the Linear Finance could grow to $0.012 at the end of this year and grow to $0.020 in 2023. 

In 2025, the LINA crypto price could hop to $0.033 in 2025 and hit $0.08 in 2030. 



Lina crypto price prediction: Rebound or regress?

Axie Infinity is one of the leading play-to-earn (P2E)crypto games with a high-performing P2E asset, AXS. But recently, the token has plunged below its support range, and as of 13 June 2022, it stands at only $13.20 . According to Coingecko, last year, AXS recorded its all-time high value of $164.90, and now it's gone down by 90%. Besides, [Axie Infinity](/news/article/axie-infinity-coin) price predictions for coming years forecast a declining market.

The reason for its downfall isn’t only the bearish market outlook. Several other factors are at play here - like cyberattacks and the shallow hype for P2E gaming. As an investor, you must be aware of these factors to gauge the potential of AXS. To give you an idea whether Axie Infinity will go up again or not, here are some insights! 

## Axie Infinity Economy

Before making an Axie Infinity price prediction or any investment decision , it is important to learn about how its economy works. Axie Infinity is a blockchain-based game that deals in two digital tokens; Smooth Love Potion (SLP) and Axie Shards (AXS). 

Like most P2E games, it is another idle game of the battle genre. In the beginning, players have to buy Axies to participate in the fights. For winning local fights, you can earn SLP, while tournament games would give you AXS, which is a more valuable token.  

You can also get Axies by breeding them. If you already have two Axies, you can breed them to get another one with abilities of both. In addition, you can also acquire SLP and AXS through crypto exchanges for trading. 

However, the value of both tokens depends on the demand of the Axies in the game. If the demand is low, players can trade their digital assets on different exchanges. This, in turn, negatively impacts the tokens’ price. 
 
![Picture1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Picture1_a0149b12f9.png)

[Source](https://www.decentralised.co/p/the-economics-behind-axie-infinity?s=r)

## Axie Infinity price prediction 2022, 2025 & 2030

According to DigitalCoinPrice’s Axie Infinity price prediction, at the end of 2022, it doesn’t show much rise and will be averaging $20.52. Moreover, the data indicates that in 2025, AXS's price will only reach $29.48. Comparably, till 2030, the coin does not seem too bullish as its average value in that year will likely be around $70.32. 

In comparison, PricePrediction.net suggests steady growth in the AXS price. By the end of this year, we might see it rise to around $26.71. By the year 2025, the forecast indicates that it will be averaging $88.87. Moreover, the data shows that it will cross its previous highest value in 2027. And by 2030, it will be averaging $556.99. 

## Why the sharp decline in Axie Infinity’s value?

The overall bearish trend in the crypto market can be one of the factors for Axie’s decline. However, there are two other primary reasons for its sharp decline.

1.	Hype for P2E gaming
As a torchbearer of the play-to-earn games, it has fallen short of this claim. The game isn’t quite competitive in terms of gameplay – especially if you compare it to other massively multiplayer online games (aka MMO) battle games. That’s why the player base mainly plays this game with the intention to earn rather than enjoy. 

But the game recently introduced its latest version, Axie: Origin, which doesn’t involve the AXS or SLP tokens. Though they have improved the gameplay and graphics of the game, claiming to cater to the non-crypto gamers, the version has failed to attract the masses. 
Currently, Axie Infinity has around 18,000 active players. This player count has seen a slump from over 70,000 at the start of the year. 

2.	Cyberattacks threatening the ecosystem
Cyber Attacks on the ecosystem are the other reason for a decline in the Axie Infinity price predictions. Last month, cyber attackers hacked the discord server and made a fake announcement for the minting of an Axie NFT.
Before that, on 23 March 2022, Axie Infinity blockchain also experienced grave cyber theft. This caused the blockchain to lose over $600 million worth of USDC and Ether through the Ronin Network. 

Because of these hacking attempts, gamers are becoming more sceptical towards Axie Infinity. Investing in such an ecosystem is quite risky; that’s why investors are hesitant to invest their money. 

## Is Axie Infinity a good investment?

The current Axie Infinity price predictions are in red, and its value is diminishing abruptly. It hasn’t shown any stability lately, which means higher volatility. Moreover, the overhyped P2E mechanism and the cyberattacks on its blockchain make it a risky investment. 

Nonetheless, there are some bullish Axie Infinity price predictions suggested by some analysts, too. If you’re considering investing in AXS, it’s better to conduct your research. Only invest the amount you can afford to lose and take the advice from your financial advisor before making any decision.



Hype & hacking hurdles- Axie Infinity price prediction

Scammers are at it again with Bitcoin. This time, another bogus celebrity endorsement is being used to trick unsuspecting members of the public into joining up for various Bitcoin trading sites. This time it is the [Ant McPartlin Bitcoin scam](https://www.economywatch.com/bitcoin-robot/ant-mcpartlin-bitcoin).

In this article, we look at a con involving Ant McPartlin's name and analyse whether the TV star ever actually got involved in Bitcoin Revolution, a BTC auto-trading business.

## Who is Ant McPartlin?

Anthony David "Ant" McPartlin is a British television producer, rapper, singer, comedian, actor, and TV presenter born in Newcastle upon Tyne in 1975. Because of his talent, he has a large following that extends beyond the United Kingdom.
McPartlin is well-known for his work as a co-presenter with Declan Donnelly, known colloquially as Ant and Dec.

McPartlin has garnered honours for his outstanding contribution to the media business, including the British Academy Television Awards: Entertainment Programme (Ant & Dec's Saturday Night Takeaway) and the British Academy Television Awards: Live Event (The Queen's 90th Birthday Celebration).

## What is Bitcoin Revolution?

[Bitcoin Revolution](/news/article/bitcoin-revolution) is an automated Bitcoin trading system designed to improve the trading experience of investors with limited capital, time, and trading skills. The platform includes a robot that manages the whole trading process on behalf of the account user, automatically executing buys, holds, and sells with minimum input from the investor.

After registering on the platform, users must make an initial payment of at least £200.

Bitcoin Revolution is a built-in algorithm that claims to deliver more than 99% accuracy on all trades, allowing investors to earn up to 20% daily returns on their money.

## Ant McPartlin Bitcoin Scam?

The question is, did McPartlin endorse Bitcoin Revolution?

McPartlin has denied any support for a Bitcoin trading platform. He has claimed that he has no intention of investing in Bitcoin or its trading bots.

As we investigated, we found no direct or indirect postings on Ant's social media to indicate that he had adopted the trading platform.

McPartlin is one of many celebrities whose accounts have been phished by Bitcoin fraudsters.

An “audience seeker” storyline is always popular, especially when it involves renowned people. In this example, bogus news sites and gossip blogs have fueled media coverage of the entire event, primarily to gain click-through and registration commissions from the traders involved.

Fake trading sites were involved in advertisements and other media promotion of the supposed endorsement, causing naive investors to lose money.

Because neither McPartlin nor Bitcoin Revolution confirmed the endorsement story, it was assumed that a bunch of avaricious internet marketers staged the entire affair.

## Is Bitcoin Revolution a Ponzi Scheme?

This is a common question among cryptocurrency aficionados right now. Should I put my funds on the platform?
I say not. Unless you can verify the legitimacy of any trading platform for yourself, you should retain your money in your bank account.
 



Latest Moni

Latest Altcoin News | Page 3

Altcoin news from Latest Moni.

Elon Musk's view on base layer functionality

Little Baby Doge: Everything You Should Know

Axie Infinity Price Prediction Hurdles

Lina crypto price prediction: Rebound or regress?

Hype & hacking hurdles- Axie Infinity price prediction

Ant McPartlin Bitcoin Scam Explained

Blackrock investing strengthens crypto’s position

Ankr receives significant investment from Binance

How to exchange Monero (XMR) to GBP in the UK