Aave is a crypto lending platform that allows users to deposit their crypto assets, earn interest on them, or borrow against them and pay interest. It is one of the leading protocols in the [DeFi](/news/tag/defi) space and has grown in popularity since its launch in early 2017.

Let's dive in and explore in detail.

## What is the Aave protocol?

Aave is a decentralized finance protocol running on the [Ethereum](/coins/eth) blockchain. It features a system of smart contracts that lets users borrow and lend cryptocurrencies without the need for intermediaries. Those who lend earn interest, while those who borrow pay interest.

The protocol is a system of lending pools. Users deposit their digital assets into liquidity pools, which borrowers can draw from to take out loans. Those who wish to borrow crypto must post collateral before they can borrow. They can also only borrow up to the collateral they post.

Lenders receive the Aave blockchain native token 'aTokens' in exchange for their deposited crypto assets. The aTokens are pegged 1:1 to the value of deposited cryptocurrency. As an aToken holder, you benefit by passively earning interest on your funds. The tokens are ERC-20 tokens and can be stored, transferred, or traded.

## Aave Tokens (AAVE)

AAVE tokens are the native currency of the Aave protocol. They have several use cases; however, governance is their main use case. Holders of the tokens can use them to vote on the direction of the platform and how to manage the protocol's funds. One token is equal to one vote.

Owners can stake their aTokens for staking rewards. They can also be used as collateral. Borrowers who use them as collateral raise their borrowing limit. Those who borrow and post the tokens as collateral benefit from discounted borrowing fees.

 aTokenS can't be mined. It can only be earned or bought on various cryptocurrency exchanges that list it, including Coinbase Pro, Binance, Uniswap, Kraken, and KuCoin.

## Aave V3

[Aave V3](https://docs.aave.com/developers/getting-started/readme) is the latest version of the Aave Protocol. It officially launched in March 2022, and a few notable features came with it.

·	Portal: Portal allows the flow of liquidity from Aave V3 to other networks. The feature will enable users to participate in borrowing or lending protocols on chains like Solana and Avalanche.


·	High-Efficiency Mode (eMode): High-Efficiency Mode or eMode helps enhance borrowers' power by assessing the correlation between their collateral and borrowed assets.


·	Isolation Mode: Isolation Mode enables new digital assets to list on V3 as isolated assets, which was impossible with V1 and V2. The feature helps mitigate solvency risk when a newly listed asset is introduced to the protocol's liquidity pools.

Other upgraded features include risk management features that protect the protocol from insolvency. 

More benefits of the latest version include gas fee reduction and the ability of users to obtain multiple reward types within a single transaction. It also supports key blockchains such as Harmony, Arbitrum, Fantom, Polygon, Avalanche, and Optimism.

## AAVE Price Prediction

Several crypto prediction platforms see a bright future for AAVE. However, a few, like WalletInvestor seem to think otherwise about this cryptocurrency.

Digital Coin Price predicts that this cryptocurrency might be trading at an average price of $164.81 in 2023, $188.11 in 2024, and $220.08 in 2025. It might even trade above $600 by 2031.

![aave article.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/aave_article_22b189bf02.png)
 
Priceprediction.net predicts this crypto might be trading at an average price of $184.12 by 2023, $275.43 by 2024, and $377.53 by 2025. 

The longer you hold the tokens, the better you might benefit, as the site also predicts this cryptocurrency might be worth more than $3,000 by 2031.

![aave 2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/aave_2_f509b5dad0.png)

WalletInvestor, on the other hand, predicts a bearish future for AAVE. It might be trading at an average of $12.825 by the end of 2022. The coins will begin 2023 trading at $13 and will depreciate to trading below $10 most of the year. They will end 2023 worth an average price of $6.777.

![aave 3.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/aave_3_c59da37bce.png)

## Is it a good investment?

While there are mixed expectations regarding AAVE's future, this cryptocurrency has had a good run and continues to perform well. Thanks to the various developments. For example, after the Aave V3 went live on 16th March 2022, the price went up from $112 to $240 -  a 97% price increase.

While the price increase was not as much as the tokens' all-time high price of $661 in May 2021, it was enough to show that investors still believe in what this project offers.

A plus is that the Aave protocol has never had any significant issues to deter people from using it. The protocol is backed by an impressive team of developers who continue improving its service delivery and adding new services.

In July 2022, the Aave community agreed on a proposal to launch the network's Stablecoin called GHO. The Stablecoin, pegged to the US dollar and backed by a diversified set of crypto assets, would make stablecoin borrowing on the protocol more competitive.

In May 2022, they launched the Lens Protocol, a decentralized social media platform based on the Polygon Blockchain that lets users store content as NFTs.

## Bottom line

AAVE remains one of the best cryptocurrencies to watch out for in the crypto market. The tokens are currently trading at a reasonably good price. Several crypto prediction platforms see them as good long-term crypto investment options.

Investors also agree if the network continues to develop and offer new and better services to users, the tokens can benefit, helping with their price appreciation. 

Remember to do your research before investing in any cryptocurrency.



Aave Price Prediction

The Yuan Coin, also known as e-CNY, e-RMB or e-yuan, is China's digital currency. It aims to replace some of the physical cash in circulation.

The coin, issued by the People's Bank of China (PBOC), is a digitised version of the Chinese physical Yuan (Renminbi). It works the same as banknotes and coins but in a digitised form. 

## The yuan coin history

China has been working on the e-yuan since 2014. In October 2020, the virtual coin underwent its first and biggest real-world test. The local government of [Shenzen](https://www.cnbc.com/2020/10/12/china-digital-currency-trial-over-1-million-handed-out-in-lottery.html) handed out 10 million e-RMB (about $1.5 million) to its citizens in a lottery.

In December 2020, the [Suzhou](https://www.cnbc.com/2020/12/07/china-hands-out-digital-yuan-in-trial-as-jdcom-accepts-the-currency.html) local government again handed 20 million e-RMB ($3 million) to its residents in a lottery. 

A few features not activated in the Shenzen trial were tested in the Suzhou trial run. One notable feature is the e-CNY offline feature, allowing users to touch smart devices to make transfers.

The Suzhou public test also saw JD.com (one of the biggest Chinese e-commerce firms) become the first online platform to accept this virtual currency.

In Feb 2021, the Chinese capital city [Beijing](https://www.cnbc.com/2021/02/08/china-to-hand-out-1point5-million-in-lunar-new-year-digital-currency-test.html) handed out 10 million e-RMB (about $1.5 million) to its residents, making it the third largest public test for the digital currency. The same month [Chengdu](https://www.cnbc.com/2021/02/24/chinese-city-chengdu-launches-6-million-digital-currency-test.html), another city in China, announced the issuance of close to $6 million worth of e-RMB to its citizens.

## The yuan coin so far in 2022

As of 2022, a lot has happened to the benefit of e-RMB. The [digital Yuan app](https://www.china-briefing.com/news/china-launches-digital-yuan-app-what-you-need-to-know/), previously only available to a few people, can now be downloaded from the Chinese app stores. It is compatible with both iOS and Android devices.

The app, however, can only be used by residents in 23 cities where China continues to test this virtual currency. Residents in the cities, which include Shanghai, Beijing, and Shenzen, can use the app to pay for goods and services with e-CNY. 

By mid-January, the app had over 261 million users and had made 87.5 billion e-CNY ($13.78 billion) worth of transactions. The app quickly became one of the most downloaded apps available in China.

Shortly after the app launched, WeChat, a messaging and payment platform with over 1.2 billion users, announced it would begin to allow users to select e-CNY as a payment option. Alibaba also announced the integration of this virtual currency into their payment options.

The e-CNY is no longer just a payment option for consumer goods. One can also use it for wealth management products and bank loans. There are plans to extend the use of this virtual currency to medical treatment, education, and other finance offerings.

Holders of e-CNY have also benefited from cards with small LCD screens that tell them how much funds are in their Yuan accounts. Users can access these updated local Chinese government cards without the internet.

The popularity and wide acceptance of the e-CNY have seen China set its eyes on the international market. The country is working towards the internalisation of its virtual currency.

## Bottom line

While the e-yuan is still in its early stages, it has quickly proven there is demand and room for it. The digital coin is not a cryptocurrency per see but a [central bank digital currency (CBDC)](/news/article/cbdc-uk), considering it is issued and controlled by the People's Bank of China (PBOC). CBDCs are built on the same rails as cryptocurrency's underlying technology, blockchain. Some see CBDCs as a threat to privacy and defeat the purpose of decentralisation, while others believe its adoption does benefit the crypto market. What do you think?
 



What is the yuan coin?

Stakemoon coin is an Ethereum-based token that aims to become the cryptocurrency of choice for online gaming. Within this space, there are many problems that need to be addressed.

Gaming platforms charge high transaction fees and offer a limited selection of games. Users have to deposit funds before playing games, which is inconvenient for some players who might only have small amounts of money.

It's also not easy to get rid of tokens once you've lost them in a game - unlike fiat currencies, where you can simply walk into a bank and exchange your money for another currency. These issues will change after the launch of the service on the Qtum blockchain.

Through the Stakemoon platform, users will be able to launch their own games and create an online store through which they can buy virtual goods and sell digital services at market prices.

To put it another way, this will allow gamers to pay real-world prices for virtual goods or services without having to use weird cryptocurrencies with high transaction fees or restricted payment methods.

Let's look at how [Stakemoon](/news/tag/stakemoon-tag) plans to solve these issues and more within this review.

## How the Stakemoon Coin Works

A significant challenge in online gaming is the lack of liquidity. There's no easy way to exchange your tokens for fiat currency and no way to sell your goods or services without using a third party.

Stakemoon plans on solving this issue by offering a wallet that can be used as a marketplace. This will allow gamers to buy, sell, and trade their virtual goods without having to use shady cryptocurrencies or third parties.

The [Stakemoon platform](https://stakecoins.com/) also includes a gamer who offers "game sponsorship plugins," which allow gamers to incorporate their own game into the Stakemoon platform. This means that Stakemoon can provide an easier way for games on other platforms, such as Steam or Xbox Live, to offer stakes through the Stakemoon platform and gain more players.

## The Future of Gaming with STM

Gamers will be able to launch their own games and earn from the transactions made within them. Players can also get a share of the revenue generated from the games launched on the platform, which is something that's not possible with other gaming platforms.

They partnered with QTUM, an up-and-coming blockchain technology company, to make these benefits possible.

Stakemoon Coin is the token of an innovative blockchain gaming platform that uses smart contracts and blockchain power to create new and innovative games that are better and more fun than ever before.

For more breaking crypto news, go to [Latest Moni](/news).


What is Stakemoon Coin?

What is Infinity Token? It is a new cryptocurrency that seeks to revolutionize the world of digital payments. It offers several advantages over traditional payment methods, including faster transaction times and lower fees. But perhaps the most impressive thing about it is its unique proof-of-stake algorithm.

This algorithm allows users to earn rewards for holding Infinity Mining Tokens (IMT), which helps to secure the network and keeps inflation under control. In this blog post, we will explore the features and discuss why it may be the future of digital payments!

## Infinity Token: the future of mining  

[The Infinity Mining Token](https://www.infinityminingtoken.io/) is an ERC-20 token based on the idea of distributing hash power and Bitcoin rewards among miners through a network of shared mining hardware. The option to trade IMT for IHASH or simply speculate on the price will be available to stakers.
Mining a block requires your computer to organize recently completed transactions into chronological order in a distributed public ledger. The computer then generates a 256-bit hash value from the block. The block has been mined and broadcast if the value starts with a sufficient number of zeros. The greater the processing power, the greater the likelihood of receiving rewards.

The miner's responsibility is to set up and operate their [mining hardware and software](/news/article/sustainable-mining). Mining cryptocurrencies like Bitcoin requires a setup that allows for minimal overhead while maximizing hash-rate production. With the launch of Infinity Mining Token on August 6, 2021 (previously titled Infinity Token), the team set out to achieve complete decentralization in the mining process.

IMT developers worked closely with the Fair Token Project (FTP) during its initial stages. Token holders were eligible to receive 5% of the ecosystem rewards from the IMT and IHASH tokens, thanks to FTP. The total number of Infinity Mining Token holders is slightly over 800, and its market cap is $2.5 million.

The group is moving away from hosting bitcoin miners at a shared facility. The Infinity Mining community has successfully crowdfunded the purchase of 40 Application-Specific Integrated Circuit (ASIC) mining rigs using revenue generated from trading.

The IMT crew has also located a vendor who sells S19 PRO 100 models at a 20% discount from the original price. The group is getting ready to switch to a new growth model based on a new treasury system and an increased number of miners as we look to expand into new areas.
A representative staking platform will be a part of the Infinity Mining protocol. By exchanging IMT for IHASH, IMT owners can participate in staking and earn Bitcoin passively. Users can opt to stake a larger share of the hash rate for a more extended period.
A user's staked Bitcoin in the vault will grow by a small amount daily. IMT will be stored safely in a cold storage vault while you convert it to IHASH. There will be a 72-hour grace period during which the user can either keep their stake in place or remove it. Any unspent IMT tokens will remain in the cold storage facility indefinitely.

Like other Defi protocols and exchanges, the IMT staking platform will charge its users a fee. If users decide to un-stake their tokens before the end of the specified staking period, they will lose a certain percentage of their tokens yield.

The IMT speculates the price of ASIC mining hardware, and Infinity Token community members will guide on matters such as selecting a secure cryptocurrency wallet.



Infinity Hashpower Token: the future of Crypto?

If you have been looking for recently launched breakthrough projects with high potential, you might have heard about [Mina coin](https://minaprotocol.com/). It was launched last year to introduce succinct blockchains. The protocol seems promising as its roadmap involves developments in blockchain software development kit’s (SDKs) and zero-knowledge apps. 

Though the project has not seen many developments yet, Mina’s price is growing steadily. If you are wondering about the prospects of investing in this coin, here are some insights!

## How does the Mina protocol work?

Mina protocol introduces itself as the world’s lightest [blockchain](/articles/learn-moni/what-is-blockchain), with a size of only 22KBs. It’s a layer 1 protocol that uses the zero-knowledge succinct non-interactive argument of knowledge (zk-SNARK) for proof. This allows the validator to verify without interacting with the prover directly. You can even operate it offline via your phone as a node.

It’s an enhanced PoS mechanism that allows all members to be involved in consensus. When a block is added to the blockchain, zk-SNARK can take a snapshot for validation. This protocol can be useful for keeping data untraceable and secure. 

## Mina coin price predictions 2023, 2025, 2030

According to Coingecko, the Mina coin’s current price is $0.92. It has seen a huge dip from last year’s high of $9.91. But considering it is new crypto and the market is going through a tough winter, its price is still reasonable. Current price predictions for the coin are either too bullish or suggest a crash. 

The most bullish forecast for the token is from [UpToBrain](https://www.uptobrain.com/business/mina-price-prediction/). It predicts that in 2023, its price might recover and hit the $25 mark. Moreover, it is likely to get doubled to $50 by 2025.

Analysts from [PricePrediction.net](https://priceprediction.net/en/price-prediction/mina) also suggest positive growth of the token. As per their forecast, the cryptocurrency will average $1.49 in 2023. In 2025, it is likely to be hovering around $3.23. By the year 2030, it might cross the $24 mark.

Compared to these predictions, [WalletInvestor](https://walletinvestor.com/forecast/mina-2-prediction) shows a bleak picture for the project. The forecast suggests that the token’s value might go as low as $0.18. Also, it indicates that it can be quite a risky asset for long-term investment. 
 
## Bottom line

Mina crypto is an innovative project that introduces a succinct blockchain. Some of its price forecasts indicate steady growth in its value until 2030. However, as the project has not seen major developments on the blockchain yet, its price might tank quickly with the market’s downward trend. This article does not serve as financial advice.

You should research before making financial decisions since crypto trading involves certain risks.



Is Mina coin a good investment?

In the crypto space, there has been a lot of back and forth discussions on AVAX vs Solana. Both these blockchains have risen as Ethereum killers because of their high efficiency and minimal costs. But which one is the ideal choice? 

[Solana blockchain](/news/article/solana-price-gbp) has developed into a diverse ecosystem where you can mint NFTs, develop DApps and games, as well as generate a passive income. On the other hand, [Avalanche](https://www.avax.network/) is an innovative solution for Ethereum limitations that works as a subnet for developing DeFi projects. 

Suppose you are considering investing in SOL or AVAX. In that case, this article will help you decide which crypto has the higher potential. Let's dive in!

## Should I buy Solana or AVAX?

Before buying any crypto, most people make the mistake of only considering the token's price. However, to gauge the potential of any crypto, you have to consider several other factors. Here are a few of them!

## Consensus Mechanism

Avalanche (AVAX) and Solana (SOL) are layer 1 networks that follow the Proof-of-Stake (PoS) consensus mechanism. To add a block to this mechanism, you need to stake a certain amount of the network's token. On the Avalanche network, you need at least 2000 AVAXs to validate the smart contract. 

In comparison, Solana uses a hybrid version of PoS that also involves Proof-of-History (PoH) for transparency and efficiency. This allows it to have better throughput and low latency. Moreover, its validation nodes only require a fraction of SOLs, which keeps its cost to a minimum. 

## Blockchain trilemma 

Both claim to resolve the blockchain trilemma of decentralisation, security, and scalability. Avalanche uses PoS along with the Snowball technology to achieve decentralisation and speed. It has a multilayer structure involving X, C, and P chains, which allows scalability. And since its C-chain supports the Ethereum Virtual Machine (EVM), you can acquire the security of the Ethereum network.

Contrastively, SOL blockchain uses a mix of both PoS and PoH mechanisms. This helps in improving its security and making it decentralised. Moreover, it is stateless and uses eight different technologies, making it more customisable and scalable. However, it still faces issues like network outages and security. Moreover, Avalanche has a slight edge for decentralisation, as it has a Nakamoto coefficient of 26, whereas SOL has only 19. 

## AVAX vs Solana Tokenomics

Avalanche token has a total supply of 720 million tokens, and 220 million are currently in the market. Half of the supply is in the genesis block, while the other half will be minted over time. Comparatively, SOL's total supply is 511,616,946, out of which 348,706,462.29 are circulating. Moreover, Avalanche has a better Total Value Locked (TVL) in DeFi protocols of 11.21bn, whereas Sol's is around 6.88bn. 

In terms of price, [SOL (46.25)](https://coinmarketcap.com/currencies/solana/) is currently performing slightly better than [AVAX (29.50)](https://coinmarketcap.com/currencies/avalanche/). Solana's NFT marketplaces and DeFi projects make it a more valuable ecosystem than Avalanche, which is still evolving. 

## Efficiency and cost 

Avalanche can handle up to 20,000 transactions per second. In comparison, SOL has the potential to complete 65,000 transactions in the same period and has better throughput. Nonetheless, both options have a higher speed than Ethereum.  

In addition, SOL is also a better choice in terms of cost. The average transaction fee for SOL is only $0.00025, making it the most cost-effective ecosystem. However, AVAX is not too expensive and costs only $0.005 to $0.05. 
Bottom line

AVAX vs Solana: Which one is the best? Both cryptocurrencies are cost-effective, scalable, and efficient replacements for Ethereum. Yet, both have some favourable and unfavourable factors. 

AVAX is better than SOL in terms of decentralisation, security, and TVL. Whereas SOL transactions are faster and cheaper. It also has a growing community, NFT marketplace, and number of DApp projects, making it more performant than AVAX. 




AVAX vs Solana: Which crypto is the best buy?

[Ethereum Classic (ETC)](/coins/etc) is the native cryptocurrency of the Ethereum Classic blockchain, a smart contract platform that allows dApp development.  It is a split from the Ethereum blockchain, the decentralized network supporting the second most popular cryptocurrency [ETH](/coins/eth).

## The ETC Blockchain

The ETC blockchain is an open-source and decentralized platform that features smart contract functionalities to enable creation and deployment of dApps (Decentralized Applications).

It uses Proof of Work consensus mechanism to validate transactions and add new blocks. Miners have to compete to be the first to solve complex mathematical problems to win the block rewards. Proof of Work also helps with its security.

## The Blockchain’s Origin

The ETC blockchain came into existence in July 2016, when the DAO, a decentralised autonomous organisation built on the ETH network, was hacked.

The DAO raised over $150 million USD worth of ether from investors, and was intended to be used to fund projects that would be voted on by the DAO's token holders.

However, due to a flaw in its code, the DAO was hacked, and someone was able to siphon off around one third of the funds that had been raised. A consequence of the hack was a hard fork. The hard fork created two separate blockchains: ETH (the new version) and ETC (the original version). 

ETC has continued to maintain the original vision of Ethereum as a decentralized platform that can be used to build dApps, while the ETH network has become a more general purpose smart contract platform.

## The native token

ETC is the native token of the ETC blockchain Network. It has several use cases in the platform. Its holders can use it to pay for transaction gas, use smart contracts, and interact with dApps. It is also governance token.

The tokens have a max supply cap of 210,700,000 ETC coins. There are currently 136,178,157 of the digital coins in public circulation. The demand and supply of these tokens dictates the price. The current price of ETC (as of 22/08/2022 is 27.31GBP)  The tokens are available for purchase on several crypto exchanges including Binance, OKX, and Bybit.

As per [Coinmarketcap](https://coinmarketcap.com/currencies/ethereum-classic/), ETC tokens are currently the 19th largest cryptocurrency in the world with a live market cap of $5,139,474,019.

## Notable occurrences

In January 2019 the ETC Blockchain suffered a 51% attack. The hackers who orchestrated the attack later returned the stolen funds.

In July 2020, the network again fell victim to 51% attacks. After the attacks the Ethash epoch duration was increased from 30,000 to 60,000, solving a critical security issue for the platform.

## Bottom line

ETC is one of a few cryptocurrencies performing pretty well in the crypto market. Several cryptocurrency prediction platforms predict better prices are on the horizon for the coin, making it a potentially great investment option.

While the coin’s price doesn’t make it great for beginner crypto investors, it is still worth some consideration. The cryptocurrency can be bought in lots of exchanges with fiat money.

All about the Ethereum Classic and its price

[Stakemoon](https://stakecoins.com/top-10-best-staking-coins/) is a decentralized protocol that rewards investors who have a long-term outlook. The protocol is housed in the [Binance](/news/tag/binance-tag) Smart Chain. The native asset of the platform is called SMOON. This is also the ticker symbol it trades under on the decentralized exchange (DEX), PancakeSwap, which launched SMOON in November 2021. 

Despite being referred to as a coin in the mainstream, it is a “token” that oversees all activities on the Protocol.
Pros and cons of investing in Stakemoon coin?  

It is not unusual to come across questions such as is Stakemoon a good investment on Google and others. 
With that said, despite the positives of holding the coin, several negatives need to be assessed before investment decisions could be made. 

## It is very affordable
As of 10 a.m., BST on Monday August 1st, [SMOON price](https://coinmarketcap.com/currencies/stakemoon/) was 0,00035163. With $100, a potential investor could get around 284,000 SMOONs in their crypto wallets. 
What this means is that should SMOON reach the $1 price milestone someday, a potential holder could be seeing more than $300,000 in profits. 

## Finite supply cap

According to the project’s whitepaper, 1 billion tokens were issued as maximum supply. Out of this, about 837,753,260 SMOONs are reported to be circulating in the market. As a result, around 162 million SMOONs are left to be rolled over into circulation since 83.8% are currently being traded on PancakeSwap. 
Having a maximum supply bodes well for SMOON since scarcity in addition to transferability, non-counterfeitability, divisibility, utility, and durability confers value on currency since they do not have intrinsic value. The project, which is loosely based on SafeMoon, will also employ a burning mechanism (also used by Binance) to reduce the maximum supply. This will make SMOON a deflationary token.
 
As per the basic laws of economics, scarcity in supply tends to lead to a rise in price so once all SMOONs are in circulation, the token will be exchanging hands per the improved price set forth by sellers.

## Ambitious roadmap
Like several young projects in the saturated crypto market, this protocol comes with a great roadmap. Overall, the presale of tokens was successful, and so was SMOONs listing on PancakeSwap. Overall, if the team behind the project can see their roadmap through, the token could be coming for some of the mega cap crypto currencies lunch. 

However, the project has not lived up to its hype after its novel token SMOON hit PancakeSwap in November last year. Overall, the all-time high (ATH) in trading volume was $331,109 which was recorded on 1st December 2021. On the same day, SMOON reached an ATH price of $0.006649. The monthly high trading volume for July was $303 which is a 99% plunge from December’s high. 

Moreover, it faces infinite competition from well-established crypto projects. There are more than 20,000 cryptocurrencies in the space, as of July 2022. About 100 are well-grounded and have loyal followers. A project with weak fundamentals and metrics (trading volume, market capitalization, and lack of accessibility due to limited listings) will struggle to bring enormous gains to investors. 


What is the Stakemoon Coin Price?

Familiarising yourself with a new token always seems a daunting task. And this gets even more difficult if you are dealing with a token like [XRPHD](/news/article/xhd-coin-explained), which is listed only on a few crypto exchanges. So, if you are looking to buy it and want to know what the XHD to USD exchange rate is, you might not be able to do so easily.

To make the process simpler for you, here's an easy guide on how to find out the conversion rate of XHD to USD!

## What's an XRPHD coin? 

Before you move on to take any investment decision regarding the XRPHD token, you must get some background information. This token is another project by Ripple Labs which was launched in 2019. They introduced it as an alternative to XRP. The coin works with the conditioned proof-of-capacity consensus mechanism and offers a better decentralised and safer ecosystem. 

## Where to find out conversion price of XHD to USD

If you want to invest in the project, it's essential to know the token's price in USD. The first step for converting the coin's price is finding a trustworthy source that has listed the coin. Currently, one such popular and credible website that has registered the coin is [BeINCrypto](https://beincrypto.com/). Let's find out how you can check what the conversion rate is through this website!  

## How to find out conversion price XHD to USD on BeINCrypto

BeINCrypto is a crypto news website that has listed the XRPHD tokens on its rankings. For finding out the price approximation of the token in US dollars through the website, you can follow these simple steps:

1.	Firstly, you need to find it on its website. You can easily do that through the search bar. Or you can directly go to [this link](https://beincrypto.com/convert/xrphd-to-usd?amount=1).

2.	It will open a page with all the information related to the coin. Here, look for the conversion calculator. 

3.	Now, type the amount of XHD you want to convert to US dollars, and it will automatically calculate it for you. 

4.	Also, through this BeINCrypto exchange rate calculator, you can also check the USD to XHD rate. 

## Bottom line

Currently, XRPHD is not readily available on crypto exchanges. However, you can check out the XHD to USD exchange rates through the BeINCrypto website. It offers a crypto conversion calculator through which you can check the price of any token against a fiat currency or other digital token. As per the current conversion rate, the XRPHD's price in US dollars is only $0.00000146. 




How to find out the conversion rate of XHD to USD

StrongBlock was founded by David Moss, Brian Abramson and Corey Lederer to add secure, decentralised blockchains to any application.  Strong coin became the first and only blockchain-independent protocol to compensate users for running nodes. 

Nodes, critical to any blockchain's life, store complete copies of blockchain transactions but are challenging to build and expensive to run. As a result, many nodes are running obsolete software, holding partial blockchain histories, and going down occasionally. 

The Nodes-as-a-Service feature enables miners to build nodes in seconds. Miner's rewards are in the form of the blockchain's native cryptocurrency, STRONG, for maintaining the node without having to power their device 24 hours a day, seven days a week. The strong coin price is very high. 

The company has a collection of [Non-fungible tokens (NFTs)](/news/category/nft-news) that are available in four categories: bronze, silver, gold, and platinum.

Once a node is deployed, anybody can use it to access the blockchain.

## Use of strong coin (STRONG)

STRONG is an ERC-20 cryptocurrency based on the Ethereum blockchain. Its initial supply was ten million. However, after releasing the revised version of its Decentralised Finance (DeFi) system, it burned 94 % of the initial tokens, restricting the supply to about 535,000. 

StrongBlock said in the second edition of its tokenomics paper that it [supports a low-inflation approach](https://strongblockio.medium.com/strongblock-tokenomics-v2-b56acdbd2ed3) with incentives produced primarily through node involvement that may fluctuate over time based on token worth. 

The protocol establishes governance, ultimately regulating how StrongBlock functions as a decentralised network. 

It assists the initiative in developing a paradigm of long-term, self-sustaining growth.
According to [CoinMarketCap](https://coinmarketcap.com/currencies/strong/) statistics at the time of writing, there are now 138,269 coins in circulation. It has a market value of $136,056 and is the 1395th biggest cryptocurrency. 

## Strong coin (STRONG) price prediction 

After reaching a record high of $1,193.31 on October 28, 2021, it failed to recover, falling to $9.87 on August 8, 2022. Throughout February 2022, the strong coin price dropped 47% amid widespread market negativity as tensions on the Russia-Ukraine border escalated. 

According to Wallet Investor's research based on previous performance, the coin price might cost $460.507 in 2023 and reach $1,751.200 by 2027.

DigitalCoinPrice forecasted that by the end of 2027, the coin price might reach $376.08. Its long-term strong coin projection is that the cryptocurrency will reach $553.34 by 2030.


Strong coin price forecast

Afrostar launched its cryptocurrency token in November 2021 and plans to launch a coin on a bespoke blockchain imminently. The introduction of this crypto asset comes at a time when countries around the world begin to regulate the integration of cryptocurrency in developed economies.

Afrostar aspires to combine Africa's digital assets under a single brand. It is envisaged that the asset would be widely accepted across the region and eventually become one of the world's most popular cryptocurrencies.

## What is the Afro star coin project?

[Afrostar](https://www.afrostar.io/) has created cryptocurrency token that is currently live called AFRO on the Binance Smart Chain. The intention is that trade between African countries will be facilitated by the adoption of this token, and Africans will be able to invest in it and the underlying platform to earn profits.

The Afrostar  project plans to develop coins, online tools and decentralized applications (dApps) aimed at cryptocurrency investors. A new coin will be launched along with the project's own blockchain, NFT platform and cryptocurrency trading exchange. An Afrostar app is in development to make all the offerings accessible.

Africa's residents will be able to use the Afro star coin blockchain to create dApps and [access blockchain-based services](/news/article/applications-of-blockchain). 'We are happy to announce the groundbreaking Afrostar platform, Africa is the future of the globe and we want to be a part of making it so. ' stated a project representative.

### The Afrostar project is divided into three phases: 

1) Phase 1: The Afrostar [token](/news/article/crypto-coin-vs-token) was launched. 
2) Phase 2: Launch of the Afrostar coin and blockchain.
3) Phase 3: Launch of NFT and exchange platforms.

## Is Afrostar going to be a hit?

According to data from CoinGecko, Afrostar's native coin, AFRO, had a recent daily trading volume of over $2 million. The Afrostar project is being developed at a time when Africa is one of the top three global markets for cryptocurrency adoption.

Because of the continent's burgeoning digital currency market, the new project will include a wide range of features that Africans have shown a need for. There were already 0.5 million prospective Afrostar consumers at the start of construction.

The project's backers have decades of business expertise and have already begun a successful marketing effort to raise awareness of the initiative among the general public.

## Is Afrostar open to all investors?

While the Afrostar initiative has a significant focus on Africa, the app and the Afrostar token can be used by people throughout the world. The token's value will rise in direct proportion to the number of individuals using the app.


What is Afro star coin? Africa's crypto overview

If you've been reading about the various uses of the [Manta coin](https://coinmarketcap.com/currencies/manta-network/) protocol, you've probably noticed that it has a lot of different underlying digital assets. This is because Manta allows users to exchange digital assets anonymously through the use of the MantaDAX platform.

These exchanges and payments are entirely private and anonymous, as they use two old coins and generate two new ones. This makes them a particularly good choice for a variety of purposes.

## zk-SNARKs

The zk-SNARKs cryptographic algorithm is implemented by the Manta network. Essentially, it's a method that allows two counterparties to verify information without sharing the underlying data.

This could be useful for things like logging into a website and confirming one's identity. This would ensure that a user's identity and transactions remain confidential.

Ring signatures and zk-SNARKs have both been the subject of criticism since the project was first introduced to the mainstream. However, new developments have solved most of the identified design flaws.

For instance, research has criticized the Monero ring signature scheme. A leaked reference string could be used to create undetectable fake proofs. Secondly, zk-SNARKs' reference string cannot be upgraded. 

## Substrate framework

The substrate framework is the main technology behind the Manta network, an on-chain privacy protocol that utilizes zero-knowledge proofs for private crypto assets. The manta network interoperates with the Kusama and Polkadot ecosystems.

The network recently launched a new logo and shifted its focus from product development to brand building and strategy. It is now looking to secure a place in the crypto sphere with the support of the substrate framework.

The team at Manta Network has built a private layer to the Polkadot ecosystem, which is natively compatible with other projects and parachain assets. In addition to this, the network has wrapped several major cryptoassets such as Bitcoin, Ethereum, and Litecoin.

The company released a test net during Q1 of 2021. It has already submitted its architecture to the Web3 Foundation and the International Association for Cryptologic Research (IACR).

## MANTRA DAO

MANTRA DAO, a blockchain technology development company, has created [a new protocol called DeFi](/news/article/instrumental-finance-defi). The project is built around the idea of storing collective wealth with crypto assets, which is similar to a bank.

This protocol utilizes crowd wisdom to create a decentralized ecosystem that is community-governed and transparent. It was first created for the Polkadot ecosystem but has since expanded to other popular dApp platforms, including Ethereum and Binance Smart Chain. The project is also planning to launch its own chain, MANTRA, which will support the Terra cryptocurrency.

While MANTRA DAO is not completely decentralized, it will be maintained by a foundation led by a five-member council. These members have extensive experience in the cryptocurrency trading industry.

They will each serve a two-year term and are eligible to form sub-councils to focus on specific areas. It is important to note that MANTRA DAO is not yet battle-tested, so there isn't much data available to support its claims.

## Polkadot

Adding security, scalability, and interoperability to the blockchain is the mission of the Polkadot ecosystem. As part of its ecosystem, over 350 projects are available, ranging from smart contracts to decentralized finance to digital collectibles and gaming.

The DOT tokens that support the ecosystem are distributed among the DOT holders. The network also offers cross-chain functionality for facilitating transfers of any type.

The network's main blockchain, called the relay chain, has many parallel chains that can be used to transfer value.

The linking layer, or bridge, is designed to connect the various blockchains. It also allows for the integration of non-blockchain databases. These features make it possible for developers to operate across different blockchains. Manta Network is a leading project within the Polkadot ecosystem.


The Manta coin protocol explained

The Dogetoshi cryptocurrency is deployed on Binance Smart Chain(BSC BEP-20). It is a digital currency that uses peer-to-peer blockchain technology to facilitate instant payments.

Overall, the coin is still a relatively new cryptocurrency, and there is a lot of speculation surrounding its future. This new digital currency is quickly gaining popularity.

Dogetoshi also launched its NFT collection on Binance named [Dogetoshi Doge Mato](https://www.binance.com/en/nft/collection/dogetoshi%2520doge%2520mato-596771369291182081?orderBy=list_time&orderType=-1&isBack=0&id=596771369291182081&order=list_time%40-1). The floor price of the NFT is $100.98. The NFT collection is gaining huge popularity among its fans and its demands are rising. 

The Twitter account of the coin talks a lot about happenings in the crypto space. It is among one of the most trending twitter accounts in crypto space.

## How is the Dogetoshi crypto coin different from other coins?

The cryptocurrency aims to rebuild the traditional payment network with the help of blockchain, which enables programmable payments and the creation of open financial infrastructure. To facilitate the entire process, it uses a basket of fiat-pegged stablecoins algorithmically stabilized by its reserve currency, DOGETOSHI.

## How to buy Dogetoshi crypto tokens and NFTs?

There are several ways to store cryptocurrencies and NFTs, but the two most popular are through a [digital wallet](/news/article/crypto-wallet-multiple-currencies) or an online exchange.

A digital wallet is a software program that stores your cryptocurrencies and NFTs. You can use it to create transactions, check your balance, and view your transaction history.

Several crypto wallets are available, both online and offline, which you could utilize for this purpose. Once you have chosen a wallet, you can purchase and store cryptos and NFTs.

An online exchange is a website where you can buy and sell cryptocurrencies and NFTs. It allows you to buy Dogetoshi with a traditional currency like dollars or euros and then store them in your online wallet. 

To buy Dogetoshi crypto coins, you could use cold wallets as well.

Next, you must find a reputable exchange to purchase the crypto tokens. There are many to choose from, but not all are legitimate. Be sure to do your research before selecting an exchange. Once you register with an exchange, you can buy Dogetoshi coins and NFTs.

## Is Dogetoshi a suitable crypto investment for me?

Here are a few things to keep in mind before you make your decision of purchasing the crypto token:

First, do your research. Secondly, consider the market conditions. Is the coin worth investing in right now? Thirdly, think about how long you will hold onto the coin. Fourthly, decide whether you're comfortable with the risk. It is advised never to invest more than you are willing to lose (5%-10% of your portfolio). Finally, consult with a financial advisor if you're still not sure what to do.



How to get started with Dogetoshi

The developers of Dogecoin started it as a satirical project to mock the crypto market. In 2021, it gained investors’ attention such as Elon Musk, Tesla and SpaceX founder, who became an advocate for DOGE. The coin enjoyed a 200% rise last year. But this brief rise soon ended due to bearish trends in the crypto market.

Since the start of 2022, DOGE’s price has been lingering around $0.07-$0.18 with no signs of recovery. Contrastively, the community is still quite optimistic about its potential rise. In this scenario, one might wonder, “should I buy Dogecoin and is it worthy of investment in 2022?” 

Let’s get some insight into its price to find out whether or not it can add value to your portfolio! 

## Dogecoin’s journey so far

It is the first of the meme coins that entered the crypto market in 2013. It works with the exact consensus mechanism as Bitcoin and Litecoin. However, its developers used PoW to mock similar cryptocurrencies. Last year, it finally started attracting investors due to Elon Musk’s influence. 

![should i buy dogecoin.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/should_i_buy_dogecoin_09d0a4d004.png)
 
This brief period of popularity lasted only till the mid of 2021. Even in late 2021, when most cryptocurrencies reached their all-time high, DOGE’s price remained stuck. So far, the highest mark it has hit is $0.73. Besides, it doesn’t show any signs of a rise currently. 
 
## Is Dogecoin a good investment in 2022?

Should I buy Dogecoin or not? To answer that, you should evaluate its potential as an investment and see why it can be a risky bet. 

## Positives about the coin

One of the positives about this meme coin is its strongly growing community. Endorsements from Mark Cuban and Elon Musk play a significant role in its growth. Moreover, it has introduced a new genre in crypto, meme coins, allowing it to enjoy a unique position in the market. Its scalability and ease of use for transactions also make it a decent option for mass adoption. 

## Why is investing in DOGE risky?

On the other hand, it has its risks. One is the false hype from influencers that makes it highly volatile. DOGE whales can opt out anytime, which can directly affect their price. Also, it’s an inflationary token with extensive supply. Every year, 5 billion tokens enter the market, resulting in a price drop. Moreover, the lack of innovation and developers’ negligence makes it unreliable. 

Find more about selling DOGE in 4 simple steps. 

## Final Verdict: Should I buy Dogecoin?

DOGE’s current price and its ecosystem dynamics suggest that it is not a reliable investment. For long-term investment in DOGE, you must consider your risk tolerance and whether it’s suitable for your portfolio. This article is a generalised opinion and should not be regarded as financial advice.



Should I buy Dogecoin in 2022?

Polkadot (DOT) is the native cryptocurrency of the Polkadot Network, a blockchain network best described as the blockchain of blockchains. It is one of a few blockchains working to solve many of blockchain’s limitations, which include scalability and security.

## The Polkadot network

Launched in 2020, the Polkadot Network is a blockchain network designed to offer several services in the crypto space. Firstly, it is designed to allow unrelated blockchains to communicate with each other. 

Secondly, it features a tool called Substrate that simplifies the blockchain creation process. It makes it easy for developers to create blockchains. The network also hosts blockchains, handling their security and transactions, and bridges blockchains on it with other networks such as Ethereum and Bitcoin.

The Polkadot Network is a creation of Dr. Gavin Wood, [Ethereum](/news/article/ethereum-news-now) co-founder, responsible for developing Ethereum’s smart contract programming language Solidity. Parity Technologies is the firm behind the development of Polkadot Network.

## DOT token

Polkadot (DOT) is the altcoin or token that powers the Polkadot Network. It has several use cases. It can be used to pay for network fees, governance, and interoperability. Holders of the token can vote on network upgrades.

The DOT token can be bought on various crypto exchanges including Binance, KuCoin, Coinbase, and Huobi Global. Operating on a Proof-of-Stake blockchain network it can also be earned through crypto staking. There are currently 1,103,116,504 DOT coins in public circulation.

As per [Coinmarketcap](https://coinmarketcap.com/currencies/polkadot-new/), DOT tokens are currently the 10th largest cryptocurrencies in the world, with a live market cap of $8,917,146,890. Each DOT coin is worth $8.08.

DOT tokens can be stored in several crypto wallets, including Parity Signer, Fearless Wallet, Polkawallet, and SubWallet. The tokens can also be stored in hardware wallets like Ledger.

## Polkadot Price 

While the history of the Polkadot Network began in October 2016 with the publishing of its white paper, DOT tokens' history begins in October 2017 with its first ICO (Initial Coin Offering). At the time of the ICO, each Polkadot price UK was $0.29. 2.24 million DOT tokens were offered to the public.

In July 2020 the second DOT token ICO was held. The Polkadot price UK was $1.25. 342,080 Polkadot coins were sold at the time. By the end of 2020, each Polkadot price had appreciated to $9.29.

The tokens would begin 2021 trading at $9.29 and end the year each worth $26.72. While they started well in 2022, they haven't had the best performance in the crypto market. It is no wonder they are currently trading below $10.

Regardless of their current performance, a few crypto prediction platforms forecast good things for DOT tokens. Changelly predicts each Polkadot price might reach $12.34 by the end of 2022. CryptoNewsZ predicts the digital coins might be trading at $27 by the end of 2022.

## Bottom line

The Polkadot (DOT) coin might be a fairly new cryptocurrency when compared to other crypto coins, but it has quickly proven to be a great investment opportunity for many investors. The coin might be experiencing a bear run, but so are other cryptocurrencies.

Supported by a great crypto project that looks to decentralize the internet, many investors agree DOT tokens have a bright future ahead.



Polkadot blockchain and altcoin explained

Ripple entered the crypto space back in 2012 as a promising project. It offered a low-priced, fast, and cross-border money transferring service that gained great popularity. However, in 2020, it faced a severe [lawsuit](/news/article/ripple-xrp-latest-news) from the Securities and Exchange Commission (SEC) in the United States. The case is yet to be concluded, but it has affected the popularity of XRP.

Ripple faced a lawsuit because it deviated from its fundamental goal of providing secure cross-border money transferring service. However, its impact on the token’s price is still unclear. So, if you are wondering about the XRP price in the UK, here are some insights!

## What is the SEC vs Ripple case?

The US’s Securities and Exchange Commission (SEC) filed a case on Ripple Labs in December 2020 for raising funds through XRP. In 2013, the firm allegedly raised more than $1.3 billion through illicit means. The complaint from the SEC involved charges against the current and previous executives for making gains. 

## SEC’s complaint

As per the SEC’s complaint, the company raised capital by holding its native token’s Initial Public Offering (IPO) without registering it as a security. The firm sold XRP as an unregistered security to the investors. Investors bought the tokens considering their shares in a venture, hoping their price would gradually increase.

According to the [SEC press release](https://www.sec.gov/news/press-release/2020-338) ‘Ripple allegedly distributed billions of XRP in exchange for non-cash consideration, such as labor and market-making services. According to the complaint, in addition to structuring and promoting the XRP sales used to finance the company's business, the founders Larsen and Garlinghouse also effected personal unregistered sales of XRP totaling approximately $600 million’. SEC advocates that these tokens should be classified as securities rather than utility tokens.

## Ripple’s Stance

On the other hand, Ripple claims that the SEC did not warn the firm about the issue. According to its lawyers, the SEC did not notify Ripple’s executives about the classification of XRP as a security. The US regulator also confirms this stance. 

Moreover, lawyers also claim that the SEC has been biased towards the firm. They have claimed that various crypto firms like Ethereum have connections with a few SEC members. However, it has not been established in court yet.
 
## What will be the implications on XRP price (UK)?

So far, the US court has not announced a date for giving the verdict, but the case is approaching conclusion. The proceedings of the case might not only affect Ripple Labs but can also negatively impact the crypto market. The reason is that if the court weighs in with SEC’s claim of XRP being declared a security, it would also apply to various other virtual currencies working with the exact mechanism. 

If the court declares the token a security, the XRP price will come crashing down. The XRP price in the UK might not be able to recover. Also, as it can be a legal precedent for all the countries, it will likely affect the entire crypto market. Moreover, Ripple can question Ethereum too, as it can also fall under the definition of security. This might further aggravate the ongoing crypto winter. 

Nonetheless, this would be the case only if the SEC wins the case. Otherwise, if Ripple Labs wins this court battle, we might see the XRP price (UK) getting strengthened. 




SEC vs Ripple case influence on XRP price in UK

What is Solana (SOL)? It is a protocol that enables the creation of blockchain applications with scalability. This means that developers can use it under their own brand to create applications. And due to its scalability, it can manage a large volume of transactions without any issues.

The Solana price is currently hovering around the 33.36 GBP level, this project is undergoing numerous exciting developments. SOL can be purchased at spot GBP price on any of the [major UK exchanges](/news/article/best-exchanges-for-crypto-uk).

This post will examine SOL in greater detail and explain whether you should consider investing in it!

## What is SOL?

It is a project that wants to [scale blockchain protocols](/news/article/solana-price-uk) so that they can handle real-world applications. The team behind Solana appears to have a lot of experience in both the traditional financial sector and technology.

So, SOL is a new cryptocurrency created to help make the technology more accessible and user-friendly. The Solana coin protocol allows developers to create and launch their blockchain-based applications on a white label basis. 

They can use SOL to power their applications without worrying about the underlying infrastructure. In addition, Solana can be used to pay for transaction fees and other costs associated with using the latest technology. 

## What are the use cases of SOL?

•	It can be used to produce and manage digital assets.

•	Developers can construct decentralized applications (dapps) using SOL.

•	On its platform, it can be used to pay for goods and services.

•	Participating in the platform's consensus mechanism enables users to earn interest in their SOL.

•	SOL can be traded for other cryptocurrencies or fiat money on exchanges.

In addition, SOL provides [many features and benefits](https://www.cryptonewsz.com/forecast/solana-price-prediction/) that make it an attractive option for developers looking to create and launch their decentralized applications.

## Bottom line

SOL is a scalable protocol that facilitates the creation of decentralized applications by programmers. The protocol employs a one-of-a-kind consensus mechanism to achieve high transaction throughput without compromising security.

Additionally, it features a native token, SOL, which can be used to pay network transaction fees. The protocol is open source and available for white label use by anyone.


The Solana blockchain & current price in GBP

[Monero or XMR](https://www.getmonero.org/) is a widely popular and unique cryptocurrency because it allows users to remain untraceable. But it has also gained traction from criminals as they can keep their anonymity. This led to the discussions about a ban on Monero in Australia and several exchanges delisting it, which made buying this cryptocurrency quite challenging.

So, if you are also unsure whether you can buy Monero in Australia or not, this article will help clarify your doubts!

## What is Monero (XMR), and how does it work?

Transparency is the key feature of most of the crypto blockchains around the world. But Monero is the cryptocurrency that argues blockchain transparency leads to user identity and is unsafe. That’s why it introduces a blockchain which is confidential and untraceable. The details of each transaction on the blockchain remain hidden, keeping the sender and receiver identities safe. 

It works with three different technologies to keep the data confidential. Firstly, Monero uses temporary stealth addresses that detach the receiver’s public accounts from the transactions. Secondly, each trade requires a ring signature from multiple users. Other than the sender, these users include several decoys so that actual senders remain anonymous. The Ring Confidential Transactions (RingCT) is used as an added layer of confidentiality for encrypting transaction amounts. 

## How to buy Monero in Australia (XMR/AUD)?

You can easily buy XMR in AUD, as Australia allows trading these taxable assets. Like any other digital coin, you first need to find a trusted exchange to buy this coin. There are various credible names like Coinbase, OKX, Kucoin, etc., that you can opt for. After selecting one, create an account on that exchange. 

Register your email and phone number and set up a secure password. Then you can verify your details and deposit your Australian dollars (AUD) into the account to buy privacy coins. It would require selecting a payment method like bank transfer, credit card, or other payment options. Choose one as per your convenience and proceed to deposit AUD. Finally, find XMR on the exchange and swap it with Australian dollars, and you will be all set to use it. 

## XMR as an investment?

Monero is a distinguished token because of its confidentiality. That’s why investing in such privacy coins would depend on your necessity for security. If you want your digital transactions to remain anonymous, buying XMR with AUD could be a rewarding choice, considering its current price. However, you must be aware that it might bring certain risks, like its reputation for illegal activities which is the reason why several countries and exchanges have delisted it.



What is XMR and how to buy it with AUD?