What's going to happen with HNT price? HNT - Helium Network Token - is the native cryptocurrency of Helium, a blockchain-powered network for the Internet of Things (IoT) devices.

The cryptocurrency is used to reward hotspot operators for their work. Hotspot operators are individuals running Helium hotspots, devices that provide wireless coverage for IoT devices.

According to [Coinmarketcap](https://coinmarketcap.com/currencies/helium/), the HNT price is currently $3.92 and it is ranked the 79th largest cryptocurrency in the world, with a live market cap of $508,456,831 (9th December).

Like most cryptocurrencies, it has a max supply cap. Only 223 million of the coins will ever exist. There are currently 130,043,691 of them in public circulation.

## HNT price history

HNT tokens first entered the crypto market in July 2019, each priced at $0.27. However, they were first recorded on Coinmarketcap on 8 June, 2020. At the time, each of them was worth $0.2735.

On 13 August, 2020, they began to trade above $1. The highest HNT price reached that year was $2.30, for a very short while. They ended 2020 trading at $1.30 each.

2021 was a good year for the [tokens](/news/article/time-tokens). They began the year priced at $1.30 each. By late January, they were already trading above $2. By the beginning of February, they had appreciated, trading above $3. For a few days in February, they traded above $4, ending the month worth $4.18.
 
By mid-March, they had begun trading above $6, then $7, then $8, ending the month at $10.50 each. They would continue to appreciate and begin trading above $20 on 19 August.

By 4 November, the cryptocurrency had begun trading above $30. For a few days, they traded above $40 and $50, but ended the year priced at $37.86 each. It is worth noting that 2021 was a good year for the entire crypto market. Plenty of cryptocurrencies experienced a bull run.

So far, 2022 hasn’t been the best of years for this cryptocurrency. It began the year at $37.90, later appreciated and traded above $40, but then dropped in price and ended the month at $27.84.

In February, the tokens appreciated for a few days to trade above $30, then dropped and ended the month priced at $25.73 each. They began trading below $20 in April. By 13 May, they were trading at $8.70. The last time they traded above $10 was 29 June.

## Is HNT a good investment?

Several crypto prediction sites are hopeful about this cryptocurrency and consider it a good long-term investment option.
[Changelly](https://changelly.com/blog/helium-price-prediction/) predicts it might trade at an average price of $6.23 in 2023, $9.38 in 2024, $14.04 in 2025, $20.40 in 2026, $35.35 in 2027, $45.19 in 2028, $67.60 in 2029, $101.13 in 2030, and $152.76 in 2031.

[CryptoNewz](https://www.cryptonewsz.com/forecast/helium-price-prediction/) predicts HNT might trade at a minimum price of $7.20 in 2023, $13.50 in 2024, $18.40 in 2025, $21.00 in 2026, $22.90 in 2027, $28.70 in 2028, $35.80 in 2029, and $51.00 in 2030.

According to [Priceprediction](https://priceprediction.net/en/price-prediction/helium), the token might trade at an average price of $6.33 in 2023, $9.38 in 2024, $14.04 in 2025, $20.40 in 2026, $30.51 in 2027, $45.19 in 2028, $67.61 in 2029, $101.14 in 2030, and $152.78 in 2031.

[Captainaltcoin](https://captainaltcoin.com/helium-hnt-price-prediction/) also predicts a bullish future. According to the site, HNT might be worth $14.81 in 2023, $29.79 in 2024, $60 in 2026, $75.41 in 2027, $90.82 in 2028, and $106.23 in 2029.

[Cryptopredictions](https://cryptopredictions.com/helium/) predicts the tokens might begin 2023 trading at an average price of $5.994 and end the year worth $5.762. They might end 2024 worth $9.179, 2025 worth $11.44, and 2026 worth $12.595.

Compared, Changelly and Priceprediction seem to have similar HNT price prediction stats. Captainaltcoin, however, predicts a more promising future for the coins. Cryptopredictions does not predict as promising a future for the coins as the other crypto prediction sites.

It is worth noting that considering the volatile nature of the crypto market, the prediction stats are highly unreliable for investment decisions. However, they help give some indication of where this digital asset might head in the future.

## How to get the tokens

There are two ways to get the tokens. Firstly, they can be bought across several crypto exchanges, including KuCoin, Binance, and Gate.io. Binance allows users to purchase the tokens with credit cards, bank deposits, and through several third-party payment channels.

The tokens can also be acquired by becoming a Helium hotspot owner. The devices provide wireless network coverage for IoT devices. They also help secure the Helium network. Once you buy, plug in, and run the hotspot devices, they start mining HNT. The devices are available for purchase online.

## Conclusion

Considering the current price, HNT tokens have some work to do to return to their glory days or better. The coins have had their ups and downs. While some people might have lost hope, some prediction platforms encourage holding on a little longer for possible positive results.

Note that this is not financial advice, but the author's opinions. Before investing in any crypto asset, always take the time to do your own research.



green image of cryptocurrency coins with helium hnt logo overlayed

HNT Price Predictions

Before considering what impacts on Sologenic price, we need to understand the platform. [Sologenic](https://www.sologenic.com/) is a platform built on the XRP ledger with the aim of merging non-blockchain assets with crypto assets. Sologenic also offers a low-cost, on-demand, secure tokenisation of these traditional finance markets on a distributed ledger or blockchain.

These assets can then be traded like every other cryptocurrency using Sologenic's decentralised exchange (DEX). This means that institutions and individual users can trade crypto assets like XRP and SOLO (Sologenic's native token) against traditional finance markets.

Sologenic's Asset Tokenisation platform has more than 40,000 stocks, ETFs, and commodities tradable across three continents, which it tokenises.

## How Sologenic changes the game

Sologenic’s [whitepaper](https://www.sologenic.com/downloads/sologenic-whitepaper.pdf) points out specific challenges and bottlenecks that give a logical reason for their platform’s solution.

The first is the limitation of most economic markets to their regions. It is difficult to do cross-border value exchange, which can help people to make foreign direct investments from anywhere in the world, especially for small, individual investors. Sologenic hopes to democratise this process through its Assets Tokenisation Platform.

Another challenge highlighted is the limitation caused by low financial literacy in many economies and high platform costs for many trading platforms.

The major highlight of this solution is that there are no technologies or trading platforms available for cross-asset trading, that is, between crypto and fiat or other traditional commodities.

The solution aims to address these challenges by making their platform simple, secure, fast, and easily accessible. Sologenic price for trading fees is also low compared to traditional trading.

## Combining blockchain benefits for traditional markets

At the core of the Sologenic platform is the application of blockchain technology and its benefits to existing traditional assets.
To make this possible, Sologenic has a decentralised exchange module, an asset tokenisation module, a blockchain module, and an order fulfilment module.

## How to predict Sologenic price

Like many other cryptocurrencies, Sologenic (SOLO) price is directly related to its use. If Sologenic's Asset Tokenisation platforms have increased traffic and usage, there will be more demand for the SOLO coin, causing an increase in Sologenic price.

Sologenic price can be affected by the overall trend of crypto markets. Since it trades traditional assets, it can also be affected by the stock market and other traditional markets.

To accurately predict Sologenic prices, you can start by analysing its price history as a helpful reference and comparing it to other crypto and stock market prices.

## Sologenic price and the future 

SOLO is created by users [staking](https://www.sologenic.com/ecosystem/expansion-fund) it in the SOLO Savings Program (SSP). The [market cap](/news/article/what-is-market-cap-cryptocurrency) of the SOLO coin is 400,000,000. The platform has an expansion plan called the SOLO Expansion Fund (SEF), which aims to include SOLO's global reach, protecting initial investors and increasing Solo's price. A portion of this fund is to stabilise the Sologenic price.

## Conclusion

Sologenic was founded by [Bob Ras](https://www.sologenic.com/downloads/sologenic-whitepaper.pdf) and Reza Bashash, with Bob as CEO and Reza as CTO. Sologenic.com is a part of the Sologenic ecosystem, as it is called. The Sologenic ecosystem offers other blockchain solutions and manages an [NFT marketplace](https://sologenic.org/nfts/marketplace).

Sologenic price today will depend on various facts like crypto market trends and current activity, stock market trends and current activity, your trader's appetite, and the overall use of the Sologenic platform.


sologenic logo and crypto token background

Sologenic Price and the Future of Tokenisation

Kava Crypto project is of great potential and can transform the DeFi space. But can the project compete with the big boys in Web3?

There is no shortage of DeFi protocols that offer users decentralized collateralized loans. Still, regarding user experience and trust, only a few protocols stand out, including Kava. 

## Kava crypto project recap 

As a protocol seeking to become the de facto DeFi platform in Web3, the Kava crypto project offers its users CDP or collateralized debt positions. This allows users to borrow against their collateral which can be in one or more coins (up to four). Collateral can be in BTC, ATOM, BNB, or XRP. This is where Kava stands out, as it makes it easier for users to take out loans.

## How does lending work on Kava? 

Since Kava is built on the [Cosmos](/news/article/cosmos-crypto-explained) blockchain, users lock their cryptocurrencies on smart contracts deployed on Cosmos. Users can then borrow against their locked assets in the form of USDX. This is the stablecoin of the platform, which is pegged to the USD. Of course, all loans are over-collateralized due to the volatile nature of the crypto market.

If users want to earn interest on their assets, AKA lend them to others, they can do so and earn the interest in the shape of $Kava.

## You can use the platform to:

•	Borrow against your collateral and pay bills, buy things or re-invest that leveraged money (highly risky).

•	Earn interest on your stored assets.

This saves a lot of people from having to liquidate their sets when they need the cash urgently.

## Kava crypto: $KAVA 

The project relies on [Proof of Stake](/news/article/pos-vs-pow) as its consensus mechanism and $KAVA is the Kava crypto’s token. There are currently 320 million $KAVA circulating with no maximum supply. The token’s price is currently trading at the $1 mark (5th December 2022).

Initially a BEP-2 token, now it is living on the Cosmos Hub. [You can earn up to 38% staking $KAVA](https://www.stakingrewards.com/earn/kava/), depending on how many tokens you are staking. Delegation is available and can be done quickly via [Binance](https://www.binance.com/en), which has a validator node running for the Kava project.

## Current challenges 

Although the Kava crypto project completed [the ETH bridge launch](https://www.youtube.com/watch?v=yDQPsCr3RBg), it is yet to release the BNB chain bridge in Q4 of 2022. With the [latest developments in the market](/news/article/ftx-exchange-under-investigation), the project will face hardships in committing to its planned roadmap. So far, the project has successfully put checkmarks on almost all of its milestones, but will it survive through the current bloodbath?

Another concern is [USDX's](https://www.gate.io/blog_detail/1049/USDT--DEI---Kava-Network-Stablecoin-USDX--also-Suffer-Depeg-Amidst-UST-Blood-Bath) de peg last May which is still hurting the project as USDX never fully recovered its peg to the USD 1 to 1. 

Currently, USDX is trading at $0.88, almost 12% less than the USD's value.

The Kava crypto project holds some advantage over its competitors, especially when it comes to the [Tendermint](https://www.gemini.com/cryptopedia/cosmos-ignite-crypto-consensus-tendermint-ecosystem) consensus mechanism. 

However, the DeFi space is only getting more competitive by the day as more protocols deploy creative solutions to attract users. Will Kava’s focus on the long game and its partnerships with Binance and XRP save it from becoming the next victim of this bear market?


Kava Crypto: Does it Stand a Chance in 2023?

[Gnox](https://gnox.io/) is a DeFi investing platform that helps users streamline crypto investing while generating passive income through yield earning, lending, and other decentralized protocols. Powered by the native GNOX utility token, the Gnox platform runs on BNB Smart Chain (BSC). There are more than 200 million tokens in the GNOX token sale, i.e., almost 80% of the total supply. Users need to pay a 10% tax for each Gnox transaction.

## How does Gnox crypto work?

Gnox helps make DeFi investing accessible to crypto users who might just be getting started with the decentralized finance space. Gnox uses treasury funds to enable investments across crypto borrowing and lending services, the [NFT sector](/news/article/free-nft-giveaway-legit), and pools of tokens providing liquidity.

[Gnox makes up to 500% yield](https://docs.gnox.io/gnox.io/why-defi-treasury) for its liquidity-providing service. The company plans to harness the power of multichain functionality to unlock the true potential for high yields on Ethereum (ETH), BSC, Avalanche (AVAX), Fantom (FTM), Near Protocol (NEAR), Cronos (CRO), Velas (VLX), etc. With Gnox crypto, you get up to 50% APR.

## Gnox crypto: supply, price, and token sale

Currently, there are 206,000,000 GNOX tokens, represented by the $GNOX symbol. The value of the Gnox token during the GNOX sale climbed from $0.100 to $0.015. In the second phase, Gnox tokens were sold for $0.016. Now, with a Gnox crypto pricing of 0.016 cents, the Gnox market cap is approximately $3.2 million.

79% of the Gnox token supply (161 million GNOX) is up for the three-phase token sale. Gnox crypto that will not be sold as a token will be distributed like this:
 
•	5% for each of the team, marketing, and development.

•	6% for the public.

## Gnox tax breakdown

A 10% tax must be paid against each transaction of the Gnox crypto token, fulfilling several use cases, such as marketing incentives, community reward distribution, and treasury capital regeneration. GNOX holders get monthly DeFi rewards, but the owners get a share of each GNOX transaction every 60 minutes.

•	1% of every transaction goes to the holders in $BUSD.

•	1% of each transaction goes to a Liquidity Pool for Pancakeswap for creating a stable price floor.

•	6% of every transaction gets transferred to the DeFi Treasury.

•	2% of all transactions is used for marketing efforts so the company can get a consistent flow of new users.

## Gnox treasury

Gnox’s stablecoin holdings, NFTs, and DeFi liquidity pool (LP) tokens make its treasury, which serves two main purposes:

•	It helps collect rewards accrued from DeFi yield-bearing protocols and redistribute a part of these rewards to GNOX owners.

•	It holds NFTs to create long-term appreciation opportunities.

It’s hard for investors, especially newcomers, to evaluate and get DeFi returns because of the complex and fast-paced nature of cryptocurrencies. A majority of entry-level investors don’t fully understand how to benefit from providing liquidity, loaning protocols, and other DeFi strategies. Gnox is trying to bridge that difference.






Gnox Crypto: Everything You Need to Know

[Cardano](https://cardano.org/) claims to be one of the most advanced and diverse ecosystems in the blockchain industry. It is quite a [revolutionary project](/news/article/cardano-samsung-climate-change) introducing multiple use cases for the blockchain. That’s why its native currency, [ADA](/news/article/crypto-news-cardano), often seems lucrative to investors and the ADA price in GBP matters.  

But as the token is relatively undervalued, many are hesitant to invest in the project. If you want to know its potential, here’s everything you need to know!

## ADA price GBP today

As of today (29 November 2022), Cardano's price in Pound Sterling is [£0.3655](https://coinmarketcap.com/currencies/cardano/markets/). It shows a 5.88% upward movement with a 24-hour trading volume of £642,454,898. CoinMarketCap’s market capitalisation is around £12,620,277,858, with a circulating supply of 34.33 billion tokens.

![ada price gbp.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/ada_price_gbp_2fa11dc1b7.png)

[Source](https://coinmarketcap.com/currencies/cardano/)

Comparatively, Cardano’s value in USD is $0.4156, with an ascending trend of over 6.5%. Besides, its market cap in USD makes up $14,357,628,346.

## An analysis of ADA price GBP

[October](/news/article/crypto-hacks-peaking-october) has been a tough month for this blockchain platform. But towards the end, it gained momentum as the price reached almost £0.37. Previously, the critical support level for ADA was at £0.34, and the key resistance level was £0.37. Now, its value has moved above this resistance, which hints toward a possible bullish trend.

The currency’s value has risen by around 5% in the past seven days. Now, it seems to be in the position of going past this level and capitalising on the upward trend. If it manages to sustain its current value, it may see an upswing that will take it to the 0.45 GBP mark. 

## Cardano against Dogecoin

Cardano has experienced a price correction and is showing signs of a [bullish position](/news/article/will-crypto-recover). But its performance is not as impressive as Dogecoin. Recently, it has overtaken Cardano as the eighth-largest crypto in terms of market cap. Moreover, DOGE has surged over 46% in the past seven days. 

As of today, [DOGE’s value](/coins/doge) has reached £0.1131. It also briefly touched the £0.13 mark, which was the highest in the past six months. However, Dogecoin is currently down by 2.50%. Nonetheless, these gains are massive in comparison to Cardano. This is the reason DOGE has surpassed ADA in the rankings. 
 
## Price patterns in the past of ADA

ADA’s price history suggests that it performs well only during the bull cycles and struggles badly during the bear cycles. When it was launched in 2017, its value was only around £0.020, reaching £0.98 at the end of the year. In 2018’s bear market, it plunged to £0.11. 

From 2018 to 2020, Cardano’s value remained between £0.03 to £0.07. Then, in the bullish market of 2021, it reached its highest value of £2. After that, the value continued to drop. This indicates the highly volatile nature of ADA. That’s why long-term [investments in Cardano](/news/article/cardano-investment) have always been a bet.


ADA Price in GBP: Conversion and Analysis

Top performing crypto tokens between 21 November and 28 November included Huobi Token (HT), Celo (CELO), Curve DAO (CRV), Dogecoin (DOGE), and ApeCoin (APE).

Numerous events happened during the week. Moni Talks covered topics such as United Kingdom-based [Starling Bank ](/news/article/starling-bank-bans-crypto)cutting its customers' accounts off from centralised cryptocurrency exchanges due to the volatility of the market and crypto wallet [MetaMask](/news/article/metamask-news-collect-ips) making plans to collect user internet protocol (IP) addresses.

In addition, Magic Eden, one of the most patronised non-fungible token (NFT) marketplaces, announced that it had expanded support for Polygon-based NFTs. Polygon is one of the largest NFT blockchains by all-time sales volume, with approximately [$409 million](https://cryptoslam.io/), as of 28 November.

So, let’s take a look at last week’s top performing crypto. 

## Analysis of top performing crypto last week

•	[Huobi Token (HT) ](https://coinmarketcap.com/currencies/huobi-token/historical-data/)increased by more than 60%. HT is the novel token of the Huobi crypto exchange. Much of the token's value spike occurred due to the rebranding of the pioneer cryptocurrency exchange Huobi Global into just Huobi during the week. As part of the rebranding process, Huobi, as a major crypto trading platform, is projected to become one of the top three exchanges across the sector. 

The rebranding led to an increment in trading volume from the smallest value of $14.77 million to the highest value of $27.46 million within the week. The token opened the week strongly at $4.32 on 21 November and reached a weekly low of $4.24 on the same day. HT spiked in price to a weekly high of $7.32 and was trading for $7.12 in the late hours of 27 November. There was a 64% increase in HT price during the last full week of November.

![coin market cap](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Picture_1_79b313f394.png)
 
•	Celo [(CELO) ](https://coinmarketcap.com/currencies/celo/)was up by more than 50%. CELO is the Celo ecosystem native asset, which aims to increase cryptocurrency adoption among smartphone users. During the week, it was reported by major news outlets that Celo has [partnered ](https://www.coindesk.com/tech/2022/11/21/mobile-focused-blockchain-celo-partners-with-ethereum-software-firm-consensys/)with ConsenSys, an Ethereum software company that played an integral role in the Merge (the transitioning of Ethereum from a Proof-of-Work to a Proof-of-Stake network). 

Overall, this partnership will help Celo developers to tap into the technological solution of ConsenSys, which will improve its scalability. Within the week, CELO's trading volume moved from the lowest daily value of $7 million to the highest value of $210 million. On 21 November, CELO opened with a trading price of $0.4329, climbed to a weekly high of $0.714 on 26 November, and saw a decline to a weekly low of $0.4178. It was trading for $0.6737 during the late hours of 27 November CELO gained 55% within the period.
 
![coin market cap](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Picture_2_f0823dd454.png)

•	Curve DAO [(CRV)](https://coinmarketcap.com/currencies/curve-dao-token/) spiked by more than 30%. CRV, like other digital assets housed in the ecosystems of the decentralized application (Dapp), is the novel token for Curve, a stablecoin-based decentralised exchange that relies on an automated market maker (AMM) to oversee liquidity. Curve generated [$3.75 billion](https://dune.com/hagaetc/dex-metrics) as trading volume throughout October. Due to the ongoing FTX bankruptcy case, which has led to the halting of digital asset withdrawals on some platforms, there has been a marked increase in stablecoin use. Since Curve is mainly tailored to stablecoin trading, many investors turned to CRV during the week. CRV's daily trading volume ascended from $58 million to $970 million.

CRV opened on 21 November with a relatively lower trading price of $0.5119. The DeFi token reached a weekly low of $0.4096 on 22 November and increased to a weekly high of $0.7538 on 26 November. In the late hours of 27 November, CRV was exchanging hands for $0.7044 on many crypto trading platforms. CRV spiked by 37% within the period.
 
![coin market cap](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Picture_3_e64bab2b45.png)

•	Dogecoin [(DOGE)](https://coinmarketcap.com/currencies/dogecoin/) brought more than 30% gains to holders. DOGE is the native asset of the meme-inspired project by Jackson Palmer and Billy Markus, creators who decided to poke fun at the idea of Bitcoin (BTC) dethroning the centralised finance system. DOGE has been soaring based on a rumour from David Gokhstein, who [commented via his Twitter account](https://twitter.com/davidgokhshtein/status/1596010692070764544?s=20&t=IyhWVKTyIxmqIxX_Xir8OQ) that there could be developments to the Dogecoin project by Ethereum founder Vitalik Buterin and new Twitter boss and DOGE promoter Elon Musk. 

The demand for DOGE skyrocketed from a minimum daily volume of $360 million to $1.84 billion within seven days. DOGE opened at $0.07718 on 21 November and reached a low of $0.0724 on the same day. The largest meme-inspired digital asset by market capitalization soared to a weekly high of $0.1064 on 27 November and traded for $0.1052 on the back of Asia, as an early mover of the cryptocurrency industry. As of 11:50 UTC on 27 November, DOGE had soared by 36%.
 
![coin market cap](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Picture_4_585d8697c1.png)

•	ApeCoin [(APE)](https://coinmarketcap.com/currencies/apecoin-ape/) Rose More than 20%. APE is the novel token of the ApeCoin ecosystem. On 23 November, it was reported that ApeCoin decentralized autonomous organization (DAO) had l[aunched a community-driven non-fungible token (NFT) marketplace.](https://www.coindesk.com/web3/2022/11/23/apecoin-dao-launches-community-driven-nft-marketplace/#:~:text=ApeCoin%20DAO%2C%20a%20community%2Dled,APE%20ecosystem%2C%20launched%20in%20March.) In the crypto finance industry, exchange listing, the launch of new products by a project, the provision of staking services, and the adoption of a coin or token by a mainstream company are the primary drivers of a cryptocurrency's price. 

Leaning on the successes of Bored Ape Yacht Club and Otherdeeds among Yuga Labs' (creators of the projects) products, APE opened at $3.03 on 21 November, reached a low of $2.86 during the week on 22 November, and reached a high of $3.94 on 27 November. As of 11:50 UTC on 27 November, APE had a trading price of $3.83. Like all the aforementioned top-performing crypto tokens, APE also saw a significant rise in daily trading volume from $79 million to $215 million.
 
![coin market cap](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Picture_5_37da79bf9d.png)

Other top performing crypto included coins that saw multiple percentage gains during the week, such as Litecoin (LTC), Chainlink (LIN), Dash (DASH), Aptos (APT), Convex Finance (CVX), Binance Coin (BNB), Solana (SOL), Casper (CSPR), Aave (AAVE), Ethereum Classic (ETC), and Theta Network (THETA).






Top performing crypto of the last week

Monero is a digital currency offering anonymity for users and their deals. It is decentralised and characterised as privacy oriented. Here's how to buy it.

Monero was among the first [cryptocurrencies](https://www.kraken.com/en-gb/learn/what-is-cryptocurrency) to use encryption and provide significant improvements in privacy and fungibility over existing alternatives. 

Its primary distinction was the ability of users to send and receive transactions without exposing this data to anybody investigating its blockchain. 

The [sender](https://www.getmonero.org/get-started/what-is-monero/), receiver, and amount of each transaction are hidden through three key technologies: Stealth Addresses, Ring Signatures, and RingCT. 

Merchants and people that accept Monero should not be concerned about banned or corrupted currency. There is no wire transfer, check clearing fees, multi-day hold periods, or false chargebacks. It is also not bound by any particular legal jurisdiction and offers protection against capital control.

## Why buy Monero? 

If the user is a computer enthusiast looking to learn about cutting-edge breakthroughs in encryption, XMR may be a [cryptocurrency](/news/article/guide-to-glitch-crypto) that piques their interest. 

Similarly, if speculative investors believe crypto users will continue to seek assets with high privacy, they may bet on it.

## Where can you buy Monero? 

Users can look for an individual seller online or go to a crypto-enabled ATM, but the most straightforward way to acquire XMR may be through a reputable exchange.

## How to buy Monero on an exchange

### 1.	Create an [account](https://www.binance.com/en-GB/how-to-buy/monero).
On the various exchanges sign-up page, enter an email address, choose a new username, and set a strong password for protection. 

### 2.	Account verification 
The simplest method to get started is to buy XMR with a [currency](/news/article/zee-crypto) that consumers currently have (such as USD or EUR). In this situation, however, they will be required to present supporting documentation authenticating their identification and linking external accounts. Check out our verification levels documentation for additional information on our onboarding process. 

Users may also purchase XMR using other cryptocurrencies such as Bitcoin or Litecoin by providing their full name, birth date, country of residence, and phone number.

### 3.	Deposit cryptocurrency or cash 
Exchanges provide a range of funding options for cash transactions based on where you reside and your account settings. Investors must first generate a deposit address and transmit money from their current wallet to that address to deposit cryptocurrency. 

### 4.	Purchase XMR 
Users can purchase XMR after their cash is sent to their exchange account. In addition, most exchanges offer global customer assistance, sophisticated order types, charting tools, and leveraged trading alternatives.

## Where to keep Monero after buying? 

Monero is private by default, but that does not mean it is secure. This implies that once consumers have finished purchasing XMR, they must take action to protect their cash. 

There are several wallets from which to safeguard XMR. The consumer's choice determines their security and spending choices. The easiest method is a Monero wallet, allowing investors to transfer, receive, and keep their XMR.


How to Buy Monero

## Are you ready to find out the Solana to GBP price?

[Solana](https://solana.com/) is one of the biggest contenders of Ethereum in the race of [leading NFT](/news/article/solana-nfts) and web3 platforms. Its scalability and hybrid consensus mechanism of proof-of-history and proof-of-stake make it a complete ecosystem for DApps. Besides, the blockchain’s native token, [SOL](/news/article/solana-price-gbp), has also proved valuable and profitable crypto. 

If you are interested in investing in this blockchain, here’s the Solana to GBP conversion. You can also find some insights into its value in this bearish market. Let’s start the price analysis!

## Solana to GBP price today

As of today (4 November 2022), [Solana’s price](/news/article/solana-price-prediction) in Pound Sterling is [£28.91](https://coinmarketcap.com/currencies/solana/markets/). Over the past week, its value has seen around a 4% upward trend.

According to CoinMarketCap, its current market cap is £10,378,162,442. Over the past 24 hours, its trading volume has been £741,967,001, with a 1.55% increase.  

![solana.jpg](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/solana_54c51a57ed.jpg)
 
[Source](https://coinmarketcap.com/currencies/solana/)

In comparison, SOL to USD value is currently $32.37, and it shows around 6% of upward movement in the last seven days. Moreover, its market cap in USD is $11,631,374,401.

## Solana price analysis

Though the SOL blockchain is efficient, it is notorious for unannounced outages. It is one of the factors that often affect the SOL’s price. At the beginning of October, the network experienced another outage this year. Before this, it's worth was around £32. 

However, it took a dip as investors and stakeholders’ trust in the blockchain shook. In the first week of October, its value dropped to £29; towards the end, its price reached less than £25. But it made some recovery, and currently, it is floating above the support level. 

On the other hand, a significant [hack of Mango Markets](https://cointelegraph.com/news/how-low-liquidity-led-to-mango-markets-losing-over-116-million), a SOL-based lending protocol, has also affected its value. More than $100 million was drained from the DeFi platform. After the hack, the total value locked on the blockchain plunged. On 10 October, its TVL was around $1.32 billion; in the next three days, it dropped to $862 million.  

## A potential bullish outlook shows a 22% rise

Besides, the current market trends suggest a bullish outlook too. SOL's traded volume at the current price is the highest since 2 April, which indicates increasing buying pressure. If the buying pressure kept growing, there might be a surge of around 22%. This will likely take its worth to £35 in the coming days.

Nonetheless, it will reject this [bullish theory](/news/article/2022-bullish-run) if its value goes below £25. Moreover, it could result in a lower low of £23. Whether or not it shows resistance at the current value will determine the long-term trends.


Solana to GBP conversion price analysis

Since it came onto the scene, many have wondered, 'is Casper crypto a good investment?'. Here, we'll try to find out.

The Casper cryptocurrency was launched in 2017 and gained popularity due to its unique features. The most significant part of Casper is its use of the Proof-of-Stake (PoS) algorithm, which is different from the more common PoW (Proof-of-Work).

With PoS, instead of miners validating transactions and earning rewards, Casper users who hold the currency in their [wallets](/news/article/crypto-wallet-multiple-currencies) can earn interest on their holdings. This makes Casper a more environmentally friendly option, as there is no need for energy-intensive mining operations.

There are many options when [investing in cryptocurrency](https://www.wsj.com/articles/tesla-ceo-elon-musk-says-he-personally-owns-bitcoinand-so-does-spacex-11626908542). With so many different coins and tokens available, knowing which ones are worth your money can take time and effort.

One coin that has been getting much attention of late is Casper. The new cryptocurrency is designed to change how we interact with the internet and promises to provide many benefits over traditional currencies.

Casper has also implemented some governance mechanisms to ensure that the currency uses responsible. For example, users must have a minimum balance to participate in staking and earn rewards.

## Is Casper a good investment?

It's essential to understand what Casper is and how it works. Casper is a decentralized network that uses [blockchain technology](https://www.newsbtc.com/news/bill-gates-bitcoin-exciting-shows-cheap-sending-money-can/) to enable secure, peer-to-peer transactions. Transactions on the Casper network are processed instantly and are entirely private.

Casper's design is to be more efficient than current web browsers. The developers claim Casper can load pages four times faster than Chrome and Safari. Additionally, Casper doesn't require users to install any plugins or extensions.

Casper is a good investment as it offers an excellent opportunity to make profits in the long term. It is among the most popular and successful Initial Coin Offerings (ICOs), attracting much attention from investors and traders.

The project has a strong team of experienced developers, entrepreneurs, and marketing experts. They have created a functional product and have a solid roadmap. A well-known venture capitalist firm also backs the project.


Is Casper Crypto a Good Investment?

In this article, I have analysed Cardano's performance along with the ADA to GBP conversion rate to determine whether it is a good investment.

[Cardano](https://cardano.org/) is a highly developed and diverse ecosystem in the blockchain industry. It is often dubbed a [revolutionary project](/news/article/cardano-hard-fork) with various use cases. Thus, Cardano’s native token, ADA, may seem like a good prospect for [investment](/news/article/cardano-investment). 

Though the token may seem undervalued, it has seen a few highs and lows in the past. Nonetheless, it has experienced high volatility since 2018, so gauging its potential has become difficult. If you are considering investing in it, here you can find the ADA to British Pound Sterling  conversion rate and analyse whether it will be a good investment for the coming years.  

## ADA Price today

As of today, 24th November 2022, the token changes hands at around 0.3154 USD, according to [CoinMarketCap](https://coinmarketcap.com/currencies/cardano/). Its current market cap is $13,472,917,601, with the past 24 hours trading volume of $580,517,946.

Its value in Pound Sterling is £0.3372, which is currently down by 4.08%. Its previous close was £0.335802, with a trading volume of 503.63 million.

## ADA to GBP price analysis

Before you move on to the price predictions, observing the previous patterns in ADA's price is vital. In the beginning, in 2017, its price was a mere £0.020. However, it started to gain momentum towards the end of the year and reached £0.98. Then during the bear market of 2018, it slipped to £0.11.

![Picture1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Picture1_f2971f5883.png)
 
[Source](https://finance.yahoo.com/chart/ADA-GBP#eyJpbnRlcnZhbCI6IndlZWsiLCJwZXJpb2RpY2l0eSI6MSwiY2FuZGxlV2lkdGgiOjQuNDExNTM4NDYxNTM4NDYyLCJmbGlwcGVkIjpmYWxzZSwidm9sdW1lVW5kZXJsYXkiOnRydWUsImFkaiI6dHJ1ZSwiY3Jvc3NoYWlyIjp0cnVlLCJjaGFydFR5cGUiOiJsaW5lIiwiZXh0ZW5kZWQiOmZhbHNlLCJtYXJrZXRTZXNzaW9ucyI6e30sImFnZ3JlZ2F0aW9uVHlwZSI6Im9obGMiLCJjaGFydFNjYWxlIjoibGluZWFyIiwicGFuZWxzIjp7ImNoYXJ0Ijp7InBlcmNlbnQiOjEsImRpc3BsYXkiOiJBREEtR0JQIiwiY2hhcnROYW1lIjoiY2hhcnQiLCJpbmRleCI6MCwieUF4aXMiOnsibmFtZSI6ImNoYXJ0IiwicG9zaXRpb24iOm51bGx9LCJ5YXhpc0xIUyI6W10sInlheGlzUkhTIjpbImNoYXJ0Iiwi4oCMdm9sIHVuZHLigIwiXX19LCJzZXRTcGFuIjp7ImJhc2UiOiJhbGwiLCJtdWx0aXBsaWVyIjoxfSwibGluZVdpZHRoIjoyLCJzdHJpcGVkQmFja2dyb3VuZCI6dHJ1ZSwiZXZlbnRzIjp0cnVlLCJjb2xvciI6IiMwMDgxZjIiLCJzdHJpcGVkQmFja2dyb3VkIjp0cnVlLCJldmVudE1hcCI6eyJjb3Jwb3JhdGUiOnsiZGl2cyI6dHJ1ZSwic3BsaXRzIjp0cnVlfSwic2lnRGV2Ijp7fX0sInN5bWJvbHMiOlt7InN5bWJvbCI6IkFEQS1HQlAiLCJzeW1ib2xPYmplY3QiOnsic3ltYm9sIjoiQURBLUdCUCIsInF1b3RlVHlwZSI6IkNSWVBUT0NVUlJFTkNZIiwiZXhjaGFuZ2VUaW1lWm9uZSI6IlVUQyJ9LCJwZXJpb2RpY2l0eSI6MSwiaW50ZXJ2YWwiOiJ3ZWVrIiwic2V0U3BhbiI6eyJiYXNlIjoiYWxsIiwibXVsdGlwbGllciI6MX19XSwic3R1ZGllcyI6eyLigIx2b2wgdW5kcuKAjCI6eyJ0eXBlIjoidm9sIHVuZHIiLCJpbnB1dHMiOnsiaWQiOiLigIx2b2wgdW5kcuKAjCIsImRpc3BsYXkiOiLigIx2b2wgdW5kcuKAjCJ9LCJvdXRwdXRzIjp7IlVwIFZvbHVtZSI6IiMwMGIwNjEiLCJEb3duIFZvbHVtZSI6IiNmZjMzM2EifSwicGFuZWwiOiJjaGFydCIsInBhcmFtZXRlcnMiOnsid2lkdGhGYWN0b3IiOjAuNDUsImNoYXJ0TmFtZSI6ImNoYXJ0IiwicGFuZWxOYW1lIjoiY2hhcnQifX19LCJjdXN0b21SYW5nZSI6bnVsbH0-)

After that, it made modest gains on and off, but its value remained between £0.03-0.07. Finally, in 2021, it made its all-time high of around £2. But, it continued its downward trend from the end of 2021 until now.

This shows that it may make some gains in the next bull cycle, but its high volatility makes it risky. Therefore, according to my analysis, [Cardano](/news/article/crypto-news-cardano) might not be the ideal choice for long-term investments.


ADA to GBP Price Analysis

Looking for analysis of the Shiba Inu price in GBP and the forecast for the future? You've come to the right place. 

The week has been quite progressive for [meme coins](/news/article/memecoins-whats-popular). Where [Dogecoin](/news/article/moon-dogecoin) soared with Elon Musk’s Twitter deal, Shiba Inu also saw some positive price action. As of now, the weekly gains for the coin have reached over 19%. It is a breakout point as the [coin’s value](/coins/doge) has declined for the past couple of months. 

After this bullish rally, many investors are curious whether it is a good investment. So, here you can find the Shiba Inu price in GBP and learn when will this bull run last.  

## Shiba Inu price GBP

As of 24th November, 2022, the token's current value is $0.00008985, according to [CoinMarketCap](https://coinmarketcap.com/currencies/shiba-inu/). In comparison, in GBP, the coin auctions are at £0.00001039. 

Its market cap is £5,601,109,823, with the past 24 hours trading volume of £780,399,552. Other than the last trading week of October, the coin was showing a bearish trend.

## Is it an actual bull run?

Shiba Inu is gaining much traction in the market as it has made significant gains for the first time since 25 August. Before the 19% rise, it was showing persistent bearish trends. 

The meme coins’ rise was predicted by many analysts. One of them was David Gokhshtein, the founder of [Gokhshtein Media](https://www.gokhshteinmedia.com/). He forecasted a ‘parabolic’ movement for both; SHIB and DOGE in the next [bull run](/news/article/will-crypto-recover). 

![shib inu.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/shib_inu_fcd46d45d9.png)
 
Both these coins are seeing positive price action and have beaten other top cryptocurrencies. But will this bullish rally continue?
 
According to some experts, if the trend consolidates, it may prompt SHIB to reach the £0.000012 range. This may result in a further 20% rally. However, this trend can also experience invalidation. If its value breaches the £0.000079 level, it may decline by around 11%. It may also continue with the [bearish trend](/news/article/crypto-market-crashing) after breaching the level.



Shiba Inu Price in GBP and the Bullish Rally

In this article, we will explore the USDT to GBP conversion rate. Also, we have conducted and shared our price analysis.

The use of cryptocurrencies has spiralled over the last few years, despite the fact that they still remain highly volatile. [Stablecoins](/news/tag/stablecoin) were introduced precisely to counter this situation and perception by providing some stability.

[Tether](https://tether.to/) is one of the earliest tokens pegged to a fiat currency. With the use of an established stablecoin like [USDT](/news/article/usdc-coin-losses), you can, to some extent, minimise the risks.

## USDT to GBP conversion

The current market cap of Tether is $68,896,182,454, with a circulating supply of 68.89 billion. Today, November 23rd, 2022, the conversion rate for 1 Tether to 1 Pound Sterling is [0.8671](https://uk.finance.yahoo.com/quote/USDT-GBP/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAEb2fHorZyBJJ0MJJ7eX1UdlLY24ODSlnj1J_kwhzvAyQ7ye3AeSSCnfg6VLp7Nbqyj_DKxRfJYRYtJLmYzOnPSkMDmUwyHVoU8LRvC-oviUb0cNupAfvGrOa18OIJsOQaMiZg_dx-EO5bnUuLLRwCrl_vkOuc3emJoQYw0-BSR-). Moreover, you can expect the price for today to be between 0.864874 and 0.868190. Currently, it is down by -0.4600%.

Over the past 24 hours, its volume was 57.36 billion, whereas previously, it was closed at 0.864758. This value is as per the international currency exchange rate, which is 1.158044.

## USDT to Pound Sterling: Price Analysis

Tether is designed to maintain its price at $1, and it can do that as there is a USD reserve backing it. However, its value may fluctuate in some exceptional cases. Previously, it reached its all-time high of $1.22 in February 2015, according to [CoinMarketCap](https://coinmarketcap.com/). In the same year, its value also reached its all-time low of $0.56.

The fluctuations may occur because of buying and selling pressure on the token. A few external factors, like [a lawsuit](https://cointelegraph.com/news/new-york-judge-orders-tether-to-document-usdt-backing), can also cause fluctuations. Other than that, stablecoins do not show much deviation. You can expect a slight variation of $0.01 to $0.02. Also, stablecoins can recover from these variations shortly.

So, the conversion of Tether to Pound Sterling depends on the current value of the British currency and the international exchange rate. Currently, you can exchange one USDT for 0.8671 GBP.


USDT to GBP Price Analysis

What is happening with the SOL to GBP price and what are the predictions for the future?

The SOL token is one of the most famous cryptocurrencies out there. This is due to [Solana’s](/news/tag/solana) scaling capabilities which allow the Solana network to process up to 75000 TP/s and compete with VISA.
 
## What is the SOL token?

The SOL token is the governance token of the Solana blockchain. The Solana blockchain is a hybrid PoH (proof-of-history) and PoS (proof-of-stake) blockchain consensus that allows for deploying smart contracts and processing transactions on-chain.

SOL is used in:

•	Staking and on-chain voting.
•	Payment of transaction fees of which a part is burned, and the other part is used as rewards for validators.

## SOL/GBP price history

Like other cryptocurrencies, SOL taken has taken a beating this year due to the bear market and the macroeconomic factors that have led to a lot of pain in the crypto market. The token has dropped by about 80% in the 2022 bear market.

Last year, SOL had a historic rally where its price increased from £1.11 on 1 January, 2021 to an all-time high of £192.06 on 7 November, 2021.

## SOL/GBP price analysis

The SOL token is having trouble recovering due to its many outages this year (five so far), including [one in October](https://fortune.com/crypto/2022/10/01/solana-back-online-after-latest-outage/). This enormously subdued the token's price below the £30 mark. The charts suggest that the SOL/GBP price has been ranging between the £24.28 support level and the £28.02 resistance level for over a week.

## SOL/GBP price forecast

In the mini relief rally over the last few days, the SOL/GBP price managed to test the £28 mark, but a rejection followed, and currently, the token is trading around the £26.51 mark.

A break in the SOL/GBP above £28 could encourage bulls to fight further and push the token back above the £30 resistance level. If it manages to maintain this level, the next test would be at the £33 resistance level, which broke due to the latest outage of October.

Solana labs is expected to release its first phone, Saga, in the first quarter of 2023. If all goes well, a rally could occur by pushing the token's price well above the £40 mark.




SOL to GBP Analysis

The[ Twitter takeover](/news/article/elon-musk-twitter-deal) by Elon Musk has driven the Dogecoin price higher at various points in the last few weeks. This was because the CEO of Tesla and SpaceX has long been a firm supporter of the coin. Several of his tweets and statements have previously been seen to influence the coin's position. However, revelations made recently about Musk's plans for Twitter have not been favourable to [Dogecoin](/news/article/dogecoin-to-gbp).

## Musk wants Twitter to have new leaders.

Musk [revealed](https://finance.yahoo.com/news/elon-musk-says-expects-reduce-163849041.html) on Wednesday that he expects his time at Twitter to be reduced as he looks for new leadership for the company. He previously fired CEO Parag Agrawal, other top executives, and the entire board of directors. Now, the billionaire intends to hire someone to run the social media company in his place.

Musk revealed this during his testimony in Delaware court in defence of Tesla's $56 billion pay package. He explained that he would stay for the time being because the company needed to be reorganised as a result of the acquisition. He does, however, explain that once Twitter is in a strong position, he will bring in new leadership.

Jack Dorsey, the former CEO and founder of Twitter, had responded negatively to a question about whether he would be open to returning as CEO. Dorsey is already working with BlueSky, a decentralised social media competitor to Twitter.

## Dogecoin Twitter impact

Dogecoin's value has recently been tied to the possibility that Elon Musk will initiate a Dogecoin Twitter integration Initially, making DOGE one of the cryptos used for the "Tip Jar" feature was expected. However, there are now calls for the memecoin to be added as a payment mode for "Twitter Blue".

However, Musk has yet to say anything definitive about a Dogecoin Twitter integration. This is despite the Tesla CEO's continued support for DOGE and promotion of it as the ["people" crypto](/news/article/doge-crypto-elon-musk).

[Dogecoin](/news/article/should-i-buy-dogecoin) (DOGE) has dropped 20.10% to $0.08, following the broader market sell-off and in response to [FTX and Binance's](/news/article/ftx-vs-binance-liquidate-funds) moves.

Investors are concerned that Dogecoin's decline could be a starting point for price destruction. These jitters may end the DOGE bull run in 2022 with a year-end price of $0.06.


What do changes to Twitter mean for Dogecoin?

[DigitalBits blockchain](https://digitalbits.io/) is one of the best-known names in the [football arena](/news/article/okx-partners-manchester-city). Last year, it launched its Mainnet 2.0 with the introduction of the XDB mainnet token. The platform users now have to use these new tokens in place of previous ERC-20 ones.

For this reason, the blockchain announced its first token swap with Digifinex Exchange in August 2022. It also announced integration on other supported exchanges, including Gate.io and KuCoin. 

The deadline for completion of integration was 7 October. But now, the XDB news confirms that it has revised the timeline. Now, the users can swap tokens between 18 October and 31 December on Coinbar. It also confirmed that it will be the final chance for [token swapping](/news/article/what-is-metamask) across exchanges and brokerages.   

## DigitalBits Overview

DigitalBits is a highly acclaimed blockchain among footballers. It has collaborated with several major clubs like [Inter Milan](https://www.inter.it/en) and [AS Roma](https://www.asroma.com/). Football legends like David Beckham and Francesco Totti serve as their brand ambassadors.

The project started as a fork of [Stellar](/news/article/what-are-altcoins) back in 2017 and shares its core features. It aimed to provide an efficient and affordable platform for brand currencies, NFTs, and stablecoins. Also, it identifies itself as 'the blockchain for brands'.

It is an open-source protocol layer blockchain that offers complete decentralisation and ease of use. Using the platform, you can create transaction tools. For brands, it can be beneficial as it allows asset tokenisation, increasing audience engagement.  

## Token swap between XDB ERC-20 and Mainnet tokens

Initially, the platform used the XDB [ERC-20](/news/article/weth-vs-eth) (Ethereum Request for Comments 20) tokens as its natives. However, last year, the blockchain changed its protocol and launched version 2.0 with Mainnet tokens. That’s why the previous tokens needed to be swapped with the newer ones. 

The platform decided to integrate the mainnet chain with all its supported exchanges to make the process easier for the users. Through this procedure, exchanges seamlessly interchanged users' ERC-20 tokens into Mainnets with 1:1. The platform allocated a time window for each exchange. 

During this period, exchanges paused withdrawals and deposits of the previous tokens, but allowed trades. The process allowed the users easy access to the mainnet tokens without needing manual swapping. Most of the blockchain’s compatible exchanges like [Gate.io](https://www.gate.io/), [KuCoin](https://www.kucoin.com/), Digifinex, and Bitpanda backed this procedure. 

## XDB news confirms extension in token swap date

Most exchanges that supported this procedure have already carried out token swaps. The [KuCoin exchange](https://news.monitalks.io/news/article/where-can-i-buy-moonbeam-crypto) was the last among them to do so, which closed the swaps on 7 October. However, the [XDB news blog](https://medium.com/digitalbitsorg/this-is-the-very-last-chance-to-swap-xdb-erc-20-to-mainnet-99c8f6b2f1ae) revealed that some users could not swap tokens within the proposed period. 

To facilitate such users, an Italian-regulated exchange, [Coinbar](https://coinbar.io/), presented a plan. It has extended the cut-off period. The DigitalBits mainnet went live on Coinbar on 18 October, and its token swaps will continue till 31 December 2022.

![xdb news.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/xdb_news_1c0936a775.png)
    
After the end of this cut-off period, XDB ERC-20 tokens will be removed permanently. From 1 January, 2023 onwards, you can use Mainnets on the platform for transactions. 

## Bottom line

DigitalBits’ ERC-20 token is going to be removed permanently from the platform. Though it announced the cut-off date to be 7 October on KuCoin, there has been an extension. According to XDB news, the last date to swap the previous version for a new one will be 31 December on Coinbar.



XDB News: Token Swap Date Extended 

While it's not as well-known as Bitcoin, it's still a currency worth paying attention to. If you're looking to convert your Dogecoin into GBP, you need to know some things to get the best rate.

[Dogecoin](/coins/doge) is a popular cryptocurrency. While it was originally created as a joke, the coin has gained much traction and has even been used to purchase goods and services.

## What is Dogecoin?

Dogecoin, or "Doge", is a decentralized, peer-to-peer digital currency that allows users to send money online. The currency was created in 2013 by Jackson Palmer and Billy Markus to make cryptocurrencies more accessible and fun. The name comes from the popular "Doge" [meme](/news/article/memecoins-whats-popular), which features a Shiba Inu dog.

Doge has several advantages over other cryptocurrencies. For starters, it has a much lower transaction fee than Bitcoin. Additionally, Dogecoin transactions are confirmed much faster than Bitcoin transactions. Finally, there is no limit to the amount of Dogecoins that can be mined, unlike Bitcoin, which has a 21-million-coin limit.

While Doge is not as widely accepted as Bitcoin, there are still a number of places where you can use it to purchase goods and services. In addition, a number of exchanges allow you to convert Doge to other currencies, including GBP.

## Converting Dogecoin to GBP

The first step in converting [Dogecoin](https://dogecoin.com/) to GBP is to set up a wallet. There are several different wallets available for Dogecoin, but we recommend using the official Dogecoin wallet.

Once you've downloaded and installed the wallet, simply open it up and create an account.

Once you've created an account, you'll need to find an exchange that supports both Dogecoin and GBP. We recommend using Binance or Kraken as they're both reputable exchanges with low fees.

Once you've found an exchange that meets your needs, create an account and deposit your Dogecoins into the exchange's wallet. Once your Dogecoins are deposited in the exchange's wallet, you'll be able to trade them for GBP (or any other supported currency).

Place an order for the amount of Dogecoins you want to sell at the current market price and wait for someone to match your order. Once your order is matched, your Dogecoins will be automatically converted to GBP and deposited into your exchange account. You can then withdraw the GBP to your bank account or use it to purchase goods and services online.

By following these steps, you can ensure that you'll get the best rate when converting your Dogecoin into GBP.


How to Convert Dogecoin to GBP

Many experts claim it is not a good time to invest in Loopring. Will it improve its valuation in the future? What is the Loopring price prediction?

## About Loopring

Loopring is an open-source protocol that aims to build an entire cryptocurrency ecosystem on top of the [Ethereum](/news/article/ethereum-price-prediction) network. It allows exchanges between peers without custodial ownership and there are no restrictions on the transferability of assets within the protocol. It is also possible to have multiple parties hold different types of assets without worrying about custodial control. The protocol has built-in mechanisms that protect against attacks.

Loopring's zkRollup technology is used to speed up trading settlements on the [Loopring](https://loopring.org/#/) protocol. It enables Loopring exchanges to complete key computations rather than settling trades on the Ethereum blockchain itself. When this is used with the blockchain, it makes the trading process faster and cheaper for traders.

## Loopring Background

There are some problems with using blockchains for an exchange in its current form. In particular, you need trust to exchange funds securely. Be it the processing speed or the computing costs, it has become almost impossible to perform every step of an exchange on-chain. Fortunately, after the entry of Loopring, it has moved almost all data and computation off-chain while retaining high transaction throughput and low latency.

The [Loopring project](https://loopring.org/#/protocol) was started in 2017 by Daniel Wang with a vision of building an exchange protocol that supports token trading of all ERC20 tokens. It's the first exchange that focuses on blockchain technology. The primary objective of Loopring is to reduce user dependence on centralized exchanges or any other trusted third parties and enable global liquid markets. They also launched a plan for a similar release with an LRQ token, but the goal was canceled later.

## How Loopring Price Prediction Works

The Loopring price is anticipated to decline by 3-4% in the next few days. The last 30 days saw Loopring recording high price volatility. Based on this information, purchasing Loopring would be unwise at this moment.

If you are willing to take risks and expect a rise in the coming days, you can invest in Loopring. Unlike [Dogecoin](/coins/doge), Loopring could pick up in the future. With Loopring being listed on more cryptocurrency exchanges, we can expect an increase in valuation.


Loopring Price Prediction

Wrapping your head around Wrapped Luna, or WLUNA, cryptocurrency could prove a profitable investment, so let's dive straight into it.
WLUNA is a wrapped version of Luna cryptocurrency that belongs to the Terra ecosystem. But to fully understand what it is, we should first understand what a wrapped token means.

A wrapped token is a copy of a cryptocurrency on a blockchain separate from its native network and backed on a 1:1 basis. This is why a wrapped token's value is the same as its underlying native currencies. As such, wrapped coin holders can redeem them for the cryptocurrency they represent.

Speaking of the role wrapped tokens play in the crypto ecosystem, they increase interoperability between blockchains and are used to provide liquidity to a growing DeFi ecosystem.

Along similar lines, WLUNA is pegged to the value of Luna and has the same value as Luna.

## Rebranded as WLUNC

As seen on [CoinMarketCap](https://coinmarketcap.com/currencies/wrapped-luna-token/), by April 2022, there were an increasing number of different addresses holding Wrapped LUNA as the token became widely available. At the time, WLUNA was trading at $116, the same as the Luna.

However, this was before the [collapse of the Terra stablecoin](/news/article/terra-luna-collapse) and the subsequent crash of Luna in May 2022. After the collapse of the ecosystem, the Terra community voted to split the blockchain into two separate chains.

As such, the original chain was then rebranded as the Terra Classic network, which also led to the creation of a new LUNA Coin called LUNA Classic (LUNC). Its wrapped version was named Wrapped LUNA Classic (WLUNC).

Since WLUNC is tied to the value of Luna, it also suffered the same fate as the original cryptocurrency and lost 99.9% of its value. As of writing, WLUNC is trading at [$0.00023](https://coinmarketcap.com/currencies/wrapped-luna-token/).

## How does it work?

Unlike Luna, WLUNA is minted on Ethereum and is an ERC-20 token. WLUNA basically represents Luna on the Ethereum blockchain. 
As for how it works, you freeze your original tokens and mint Wrapped LUNA tokens on Ethereum. This way, you can make your idle Luna tokens work by locking them up in DeFi protocols.

Being based on the Ethereum blockchain allows it to be used on [Ethereum](/news/article/ether-price-prediction), which wasn't possible for Luna. This way, the holders of [WLUNA](https://www.livecoinwatch.com/price/WrappedLUNAToken-WLUNA) tokens not only get to utilize the Terra ecosystem but also participate in the vast and thriving DeFi ecosystem of Ethereum.

WLUNA is designed to provide Luna holders with greater liquidity and flexibility in using their Luna tokens.

So, if you have an Ethereum wallet, you can store, lend or borrow your WLUNA token on the decentralized applications (Dapps) built on the second-largest cryptocurrency network.

To buy WLUNC, you can head over to Coinbase and Uniswap.



Understanding Wrapped Luna