[Polkadex (PDEX)](https://polkadex.trade/) is a unique Defi project introducing a decentralised crypto exchange. It is developed using Substrate and AMM decentralised exchange models and the centralised order book mechanism. This DEX offers a non-custodial and peer-to-peer order book having a web3 foundation. 

 What makes the project distinctive is its native token, the PDEX coin. It is used for the network’s governance, and also you can stake it to earn profits. In this article, you can learn about what this altcoin is and how its protocol works.
 
## What is a PDEX coin?

It is the native token of the Polkadex trading platform on the [Polkadot](https://polkadot.network/) blockchain. For the network’s governance, this ERC-20 token is used. It allows the members to participate in critical decisions. Also, it will enable participation in IDOs and helps in validation.  

The [PDEX coin price](https://coinmarketcap.com/currencies/polkadex/) is around $1.75, with a total supply of 20 million coins. Since it is an inflationary token, its supply can fluctuate. However, there are only 1,963,860 tokens in circulation.

## How does the PDEX coin protocol work?

It was developed to solve the problem of high transaction fees, scalability, and decentralisation. For this reason, its team developed a platform using a blend of different technologies. 

Like [Polkadot](/news/article/polkadot-price-uk), it also works with the Proof-of-Stake (PoS) mechanism. But it used the technologies like Fluid Switch Protocol (FSP), Automated Market Maker, Substrate, and centralised order book model. These technologies ensure that it not only performs as a token but helps the DEX ecosystem too.

Because of this, they introduced a chain having a slim design that offered a throughput of 500K TPS. Also, it increased the liquidity and introduced feeless transactions on the platform.  

## PDEX coin staking

It allows you to take part in validation and provides incentives. If you hold the PDEX coins, you can stake them to make profits. The Nominated PoS mechanism selects validators for consensus. At the same time, coin holders can participate as nominators who can nominate 16 other validators. The tokens of both parties become collateral, and they can earn incentives on it.   

## Bottom line

PDEX coins are the natives of an innovative project introducing the idea of an efficient Defi DEX. It works on the PoS consensus mechanism and powers the entire ecosystem of Polkadex. It has several use cases like governance, validation, used as trading fees on the exchange, and earns you staking rewards. 



PDEX coin protocol explained 


[THETA](https://www.thetalabs.org/) is above $1.17 and is the 41st largest crypto asset in terms of market capitalisation. It has increased in the last year and is listed on the major cryptocurrency platforms, though it has also drastically decreased in the past few months.

## Large wallets control Theta coin price

THETA has attracted attention rom large companies. Its [partnerships](https://www.securities.io/sony-partners-with-theta-labs-for-3d-visuals-in-the-metaverse/#:~:text=Sony%20partners%20with%20Theta%20Labs%20Sony%20has%20issued,will%20be%20used%20within%20Sony%E2%80%99s%20Spatial%20Reality%20Display.) with Google, NASA, Samsung, and other high-profile companies have helped to raise awareness of the project. Google even powers the network's infrastructure. It also lets users become nodes running the network.

To purchase [THETA](/news/article/trending-crypto-coins), you must make a fiat deposit on an exchange. Ensure you find a reliable and secure platform that uses multiple layers of security. These platforms often have encryption, insurance, and offline storage.

In addition, you should enable two-factor authentication to protect your account. Moreover, using a strong password that you change regularly is best. Also, you should verify the emails you receive.

Theta has massive potential as a disruptor in the live streaming industry. Content delivery networks rely on geographic boundaries and struggle to meet the growing demand for high-quality streams.

Theta's global network of users provides an opportunity to eliminate this bottlenecking problem, which is called the "last mile" by experts. The users benefit from a global infrastructure that delivers high-resolution, high-bitrate streams.

## Demand for governance rights

The demand for governance rights is a significant factor impacting the coin price. The popularity of video streaming services has also been an essential factor in the rise of THETA. However, while these factors have contributed to the cryptocurrency's recent growth, it's important to remember that these are not sustainable levels. 

In addition to the token itself, the network is decentralised. The coin governance system runs a network of validator nodes and Guardian nodes. THETA Labs must approve each validator to operate on the web, and an open-source platform is also an excellent place for developers to build DApps.

THETA has established several partnerships with high-profile companies and organisations in the crypto world. Its partnership with Google, for example, has helped raise its profile and value in the cryptocurrency world.

## Future of THETA coin

The future of the coin price is determined by its projected costs for the next five years. This is based on the predictions of digital currency experts. They look at historical price data and project its maximum and minimum prices. While price predictions are not foolproof, they are usually accurate reflections of future prices.

THETA has strong partnerships with many companies and is expected to grow in price, like [Bitcoin](/coins/btc). It has partnerships with Google, Samsung, and Sony. It has also entered the decentralised video streaming space. The video streaming industry is expected to grow at 20 percent per year.

THETA partnerships with these companies will only help the token's price. Investors should not rush into investing in Theta. Its price is currently in a bearish trend. Nevertheless, it has the potential to recover and break out of this downtrend. The price could reach as high as $5.656 by 2024.



Future of Theta coins price in the crypto market

A noticeable [Bitcoin](/coins/btc) price crash happened during the weekend, pulling Ethereum, Ripple and other altcoins with it. 

There were two main causes for the Bitcoin price crash; one resides in the announcement of the Celsius Network about halting all of its client withdrawals, while the other is that investors are pretty scared of the Federal Reserves’ next move.

Falling below $24,000 on Monday, Bitcoin found itself at its lowest level since December 2020, as traders are dumping crypto amidst a wider sell-off in risk assets.

The top cryptocurrency went down by 13.72% in the last 24 hours to $23,751.61 at the time of writing. In the last seven days, the Bitcoin price has fallen by 24.44%.

The brutal market downturn seems to have started with fresh inflation concerns about Federal Reserve acting more aggressively to contain soaring inflation. 

## Altcoins Take a Stumble

According to [CoinDesk](https://www.coindesk.com/), during the last 24 hours, Ethereum went down by 18.16% to $1,198, while BNB fell by 14.97%, Cardano by 13.57 and XRP by 11.89%. 

Also, Celsius Network, one of the biggest crypto exchanges said that “due to extreme market conditions”, it is pausing all withdrawals, Swap, and transfers between accounts. 

Even though Celsius founder Alex Mashinsky tried to tweet away the fears of the Luna crisis impacting the exchange by promising Celsius had “minimal exposure” to Luna and UST, we suspect that last month’s crash of Do Kwan’s Terra empire shook investors’ confidence within the crypto market whose market cap fell below the $1 trillion mark to 977 billion.

Edul Patel Co-Founder and CEO of crypto investment platform Mudrex,  commented the cryptocurrency market “has been under pressure from the Federal Reserve, hiking the interest rates to combat inflation over the past few months. 

“Bitcoin, Ethereum, and most cryptocurrencies suffered losses over the weekend after a broad sell-off following the data showing US inflation hitting a 40-year high,” he said.


Bitcoin price crash amid ‘extreme market conditions’

It is a [platform](https://changelly.com/blog/gala-price-prediction/#What_Is_GALAnbsp) that aspires to revolutionise the gaming industry by restoring power to gamers. Currently, gamers spend numerous hours playing the game and investing in its in-game purchases, which can be removed anytime. Users may use Gala to purchase things, upgrades, and other in-game assets and as the governance token.

## When was the Gala coin launched?

The project's native token is already popular among gamers and cryptocurrency fans. The play-to-earn principle is applied here: the more tickets you earn, the more you play. Officials noted that it allows them to make free-to-play games lucrative while providing gamers more control over NFT in-game assets. Aside from being a fun and easy method to earn cryptocurrency, they also offer the opportunity to participate in the gaming industry's future by allowing players to vote on critical game development choices.

The ecosystem powers all transactions inside the ecosystem. It offers a diverse selection of games to cater to all sorts of gamers, with all transaction data recorded on the blockchain. The token also powers the marketplace, where players may purchase and trade in-game things. Like an ERC-20 token, users can save [Gala](/news/article/gala-games-explained) on any ERC-20 wallet. The network will let users purchase, sell, or exchange assets using the token.

## Is the Gala coin a good investment?

Firstly, because the token is still relatively new, there is room for price growth. Secondly, the token's organisation has prior expertise in the gaming and blockchain sectors, giving them a distinct viewpoint on applying blockchain technology to produce a more efficient and user-friendly experience. 

Thirdly, they have already worked with several well-known companies in the gaming business, giving them an advantage over their competitors. Finally, factors such as the growing popularity of NFTs and crypto games indicate that this currency is in high demand.

There are only 50 billion tokens, making it an excellent investment: the token's value may increase as demand develops. The game has over 1.3 million players, and the community is growing. The token's staff is continually enhancing the games ecosystem and increasing the number of Gala games accessible, making it an ideal long-term investment with price growth potential.

## Gala coin price prediction

The circulating quantity of Gala tokens is around 7 billion tokens. On the cryptocurrency market, the token achieved an all-time high of $0.8367 on November 26, 2021. It traded in September 2020 for its minimal value of $0.00149.

 The coin's average price will most likely be $1. However, according to projections, this will take at least eight years.



An in-depth look into Gala coin token and its use

[Investing in KDA](https://coinmarketcap.com/currencies/kadena/) requires that you have a valid email address and identity. Once you've verified your identity, you can deposit funds to the exchange or exchange your funds for Kadena. Once you've purchased the desired amount of KDA, you can withdraw the token to your wallet.

[Kadena's digital currency](https://kadena.io/) is primarily aimed at the sizeable DeFi market, where there are many applications. The PoW consensus mechanism and capped supply of Kadena's digital currency make it an exciting choice for this space.

The project's founders have extensive experience with blockchain technologies, including Bitcoin and Ethereum. 

Despite being relatively new, Kadena has already attracted the support of several prominent crypto venture capitalists, including CoinFund, Multicoin Capital, and Amino Capital.

The project aims to address the challenges associated with existing blockchains while delivering the same level of security as Bitcoin. The new platform also provides end-to-end solutions, including a mobile wallet that's easy to use. 

With more than 15 thousand active monthly users, Kadena's X-Wallet is poised to become the leading crypto wallet of the Kadena ecosystem.

The company is also pushing the boundaries of DeFi protocol development, creating a multichain, scalable DeFi ecosystem. In addition, Kadena's digital currency will be built on the only scalable PoW layer-1 blockchain.

## Its scalability

While Ethereum is widely considered a powerful platform, it has issues with processing times. Ethereum is moving towards a Proof-of-Stake algorithm, which should increase speed. However, other projects, [such as the Solana project](/news/article/solana-price-gbp), compete directly with the KDA coin.

The Kadena project's unique architecture aims to provide scalability and security. It is built on a hybrid blockchain platform with a public chain protocol Chainweb and a private chain protocol Kuro. The KDA team claims that the new architecture makes it easier for businesses to use the technology.

The Kadena coin uses a Proof-of-Work algorithm similar to Bitcoin but is designed to be more scalable. Its prototype can process over seven thousand transactions per second. It is also focused on security and scalability, making it a strong competitor of the Ethereum blockchain.

## KDA coin value

Since launching, Kadena has grown by about 125% year-to-date. The startup claims that its cryptocurrency has the potential to revolutionize the way the world interacts. The platform offers unique features and is highly stable, making it an ideal investment opportunity.

The company has a website that claims that Kadena preserves the security of Bitcoin while allowing for faster transactions. This cryptocurrency has also performed very well in the fourth quarter of 2021, even though the cryptocurrency market is saturated with startups seeking to promote the mainstream adoption of blockchain.

## How to buy it

If you've ever wondered how to buy KDA coins, it's straightforward, and you won't even need to use your credit card. First, sign up for an account on a cryptocurrency exchange such as Coinbase. Then, you can deposit funds and exchange them for KDA.

Once you've verified your identity and email, you can enter the amount you'd like to purchase and click "Buy." Once you've received your KDA, you can withdraw it to your wallet.

Next, visit CoinMarketCap to find the best place to buy Kadena. You'll see a list of exchanges where you can buy KDA and other currencies. Using a significant cryptocurrency exchange, you can also use a bank account to purchase KDA.
 



Kadena- How to buy KDA coin

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?

The [crypto market is growing](/news/tag/bull market) daily, and more brokerages are emerging to handle crypto assets. One such brokerage which is looking to leave a mark is [BC Bitcoin](https://www.bcbitcoin.com/). It is a European-based platform which launched in 2017. 

It has limited options for fiat currencies. However, you can buy or sell a wide range of cryptos through the platform. It has not attracted much attention globally as yet. That’s why investors can be sceptical about its legitimacy. 

You can decide by evaluating the following features in this thorough BC Bitcoin review!

## Supported fiat currencies and cryptos

Currently, the platform offers its services to customers in Europe and UK. It accepts EUR and GBP deposits. However, you will not be able to buy or sell using any other fiat currency like USD, CAD, or AUD.

However, it allows you to deal with numerous cryptos. Over 180 coins and tokens have been listed on the exchange, including all the major coins like [BTC](/coins/btc), ETH, LTC, SOL, DOGE, etc.  

## BC Bitcoin trading fees

Using its services will cost you around 1% to 5% of the transaction amount. You can calculate the trading fees through the Buy Coin tab before the transaction. All you have to do is to enter the amount of crypto you want to buy/sell and choose your fiat currency.  

## Payment methods

In terms of payment options, it can be an impressive brokerage. It offers an array of payment methods that allow you to use its services efficiently. These options include credit and debit cards, faster payments, BACS, and instant SEPA. 

## Transaction speed

It can instantly transfer cryptocurrencies as it usually takes 5-10 minutes. Currently, the firm processes these transactions in one to two business days.  

## Security and regulations

To ensure the security of transactions, it follows a formidable verification process. So, if you want to use this service, you must comply with all the KYC requirements. You must provide your personal and financial details so BC Bitcoin can verify them. 
The exchange follows Lithuanian regulations as it is registered in this country. However, the UK’s FCA or any other European authority have not regulated the firm.   

## User experience

It offers you an excellent user experience. The platform guides you through the entire transaction procedure, which makes it easy to use. Moreover, it provides 24/7 customer support via different channels, including live chat, email, and phone. 

## Bottom Line

BC Bitcoin can be a viable crypto asset brokerage option in Europe. But it would not be the ideal choice in other parts of the world. Though it allows secure trading with over 180 coins, it only supports EUR and GBP fiat currencies. Moreover, you cannot get live insights as there is no price chart. Another dicey thing is that the UK’s FCA does not regulate it. 

On the other hand, BC Bitcoin’s trading fees and speed are not quite optimal. Various other options provide better speed with lower fees. 
 



BC Bitcoin review

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?

Undoubtedly, [Bitcoin](/coins/btc) is the largest and most impactful cryptocurrency in the market. It has shaped the entire crypto market and blockchain industry. That's why many developers are introducing projects based on renditions in the Bitcoin protocol.
 
One such crypto is [Bitcoin Diamond (BCD)](https://www.bitcoindiamond.org/), launched in 2017. It is a fork of the BTC blockchain and is separate from the mainchain after the #495866 block. BCD aims to resolve issues like limited scalability, low transaction speed, and cost-intensive mining of BTC. 
 
But how does Bitcoin Diamond work? Let's take a look!

## Bitcoin Diamond (BCD) token

BCD token is one of the hard fork tokens of the BTC blockchain. It launched in November 2017, when the BTC's block reached its maximum capacity. Its creators modified the source code of Bitcoin and developed a separate chain. Introducing a new token enhanced security and scalability and provided better decentralisation. 

Also, its creators claim to offer lower transaction fees with greater efficiency than BTC. In addition, it solves the issue of the highly cost-intensive mining of BTC, as it allows mining through GPUs. There are currently 189,492,898 tokens in the market, whereas its maximum supply is 210,000,000 tokens.  
How does it work?

BCD mainly uses the Bitcoin Core but has several other features that help scalability, security, decentralisation, and mining through GPUs. The BCD chain differs from the BTC chain as it uses 8MB blocks and the Lightning Network as a layer-2 protocol for greater efficiency. It can process 100+ transactions in a second. Moreover, it encrypts the transaction amounts to improve decentralisation.

Though it also uses the Proof-of-Work (PoW) consensus mechanism, its algorithm is not the same. Instead of BTC's SHA-256 algorithm, it relies on the X13 PoW, which helps in making it compatible with various graphic user interfaces (GPUs) needed for mining. 

## Bitcoin Diamond (BCD) price

Bitcoin Diamond did not hold an initial coin offering (ICO). However, 10 BCD tokens were distributed to BTC holders for every Bitcoin. In the initial days, its price was around $60 and peaked at $104.84 on November 25, 2017. 

But since then, the coin has seen chiefly a downward trend. Its price is only around $0.1975, and it recently hit its lowest of $0.136 on June 13, 2022. 

![bitcoin diamond.jpg](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/bitcoin_diamond_94839ee77f.jpg)
 
([Source: Coinmarketcap, 2022](https://coinmarketcap.com/currencies/bitcoin-diamond/))

But since then, the coin has mostly seen a downward trend. Currently, its price is only around $0.1975, and it recently hit its lowest of $0.136 on June 13, 2022. 

## Bottom line

Bitcoin Diamond is one of the forks of the BTC blockchain. It uses a remodelled version of the Proof-of-Work mechanism to tackle the issues like scalability, security, decentralisation, and steep mining costs. This fork offers larger blocks and a lightning network for better efficiency. 

However, it has not gained much popularity compared to other forks like BCH, BTG, or BSV. The reason is that it has not performed well in terms of price so far. And its blockchain technology's use cases have not been quite as impactful. 

Bitcoin Diamond explained: how does it work?

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

Crypto Coin News

Crypto coins or tokens are representations of values stored on the blockchain. Cryptocurrencies, literally cryptographic currencies, are simply the digital, blockchain-based equivalent of our normal or 'fiat' currencies. The most famous (and first) crypto coin is Bitcoin. 

Latest Moni

Crypto Coin News | Page 14