The cryptocurrency market experienced a difficult "crypto winter" in 2022, with many [altcoins](/news/article/altcoin-buzz), including ETH, seeing significant price corrections of up to 70%. But Ethereum whales are contributing to the fightback.

Recently the cryptocurrency market has shown some positive signs in 2023, with Ethereum experiencing a surge in value after experiencing strong selling pressure following the [collapse of the cryptocurrency exchange FTX](/news/article/is-crypto-dead) last month. 

As of 4 January, ETH's price had risen 5% to $1,253, and its market capitalization had reached $153 billion. This improvement has been linked to increased activity by Ethereum whales, who have conducted over 600 transactions totaling more than $100,000 on the blockchain in the past 24 hours.

Here's what on-chain data provider Santiment [tweeted](https://twitter.com/santimentfeed/status/1610750951379599362) on the recent uptick in activity by Ethereum whales.

"As #altcoins have heated up, #Ethereum quietly rebounded back above $1,260 for the 1st time in 3 weeks. Though not quite at the level of the big whale dip buys on 16 December ($ETH's local price bottom), whales are showing increased interest again. "

![Screenshot 2023-01-05 at 10.39.18.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_01_05_at_10_39_18_48790ff4bb.png)
 
This increased activity from whales is a positive sign for Ethereum's short-term prospects.

## Ethereum co-founder expresses bullish outlook

Ethereum co-founder Vitalik Buterin has expressed a bullish outlook for the platform in 2023, following one of the worst crypto winters of market history in 2022. 

Buterin has announced plans to launch the ETH Improvement Protocol (EIP) 4884 in the near future. In response to a [tweet](https://twitter.com/VitalikButerin/status/1609209529706872833) by Balaji Srinivasan, Buterin stated that he is excited to achieve the "basic roll-up" milestone outlined in Ethereum's roadmap. The EIP 4884 is expected to bring significant improvements to the platform.

However, Buterin also stated several areas needing improvement within the cryptocurrency industry, including enhancing security for average users and improving scaling, privacy, and user experience. Despite these challenges, he remains confident in the potential of decentralized finance (DeFi) to play a significant role in the future financial system.


Ethereum Whales Fuel ETH Bounce Back

Launched in July 2020, [Anyswap](https://anyswap.exchange/#/dashboard) is a fully distributed protocol that allows you to swap tokens from various platforms. This protocol entered the DeFi space and facilitated cross-token exchange and trading, obtaining strength from its ECDSA Signature Support.

It can efficiently manage the token flow between various blockchains. Most cryptocurrencies, including XRP, [Litecoin](/coins/ltc), and Tether, use Anyswap. It’s also backed by Fusion’s Decentralized Control Rights Management (DRCM) technology.

## What makes it unique?

The Fusion Network powering Anyswap uses private key sharding: splitting the private key into several pieces. Various network nodes manage these parts to ensure that your assets are safe. Also, they are never mixed during trading or exchange to boost asset security further. Here are some other features of the platform that make it unique:

•	Open-source smart contracts that enhance security using individual audits.

•	Can help verify if a platform is decentralized.

•	Allows users to exchange cryptocurrencies instantly.

Not only this, ANY token holders can determine which coins they want to list on the Anyswap DEX, its decentralized exchange.

## ANY coins in circulation

In terms of the maximum possible supply, ANY cannot exceed 100 million. Currently, there are more than 17 million ANY coins in circulation. Initially, this was 15 million, including 5 million as a part of the liquidity provision when the platform launched. The remaining 10 million coins were earmarked for the community, to improve its user base.

## ANY price live data

The live price today, December 9, 2022, is $4.32, with a 24-hour trading volume of $486,218. ANY price keeps changing in real time: it’s up by 5.9% in the last 24 hours. [You can track the changing rate of Anyswap here](https://www.coingecko.com/en/coins/anyswap). ANY has a circulating supply of 0 ANY coins and a total supply of 99.7 million. The all-time highest price for Anyswap is $33.66, as noted on January 14, 2022. Its lowest value was $0.116838 on January 22, 2021.

## ANY trading

It is based on the Ethereum blockchain and supports all ERC-20 tokens. You can buy ANY coins through exchange platforms like Hotbit, 1inch, and SushiSwap. Some other platforms where you can trade Anyswap are PancakeSwap (v2), Uniswap (v2), and SpookySwap. Here are some popular Anyswap trading pairs in the market:

•	ANY/USD.

•	ANY/CAD.

•	ANY/AUD.

•	ANY/GBP.

•	ANY/INR.

•	ANY/PHP.


blue image of anyswap logo and people trading on a laptop

What is Anyswap? 

Circle Head of Global Policy and Chief Strategy Officer Dante Disparte said that the instability in the market over the past year might signify a shift in the technology to more stable and resilient businesses in the crypto 2023 market.

In a post for the World Economic Forum, Disparte highlighted the increasing use of cryptocurrencies in the financial industry and suggested that the ongoing bear market and problems with exchanges could ultimately result in the creation of a more responsible and reliable internet finance system.

He also pointed out that the cryptocurrency market's current situation may be similar to the dot-com bubble burst in the early 2000s, which resulted in the transfer of the future of the internet to more durable companies and use cases.

Disparte spoke from his position at Circle, the issuer of the USD Coin ([USDC](/news/article/usdc-coin-losses), a stablecoin tied to the US dollar. In addition, he is a member of WEF's Digital Currency Governance Consortium and a lifetime member of the Council on Foreign Relations.

## Could we expect more stability in crypto 2023?

According to Disparte, despite the disastrous year for cryptocurrency, which he compares to a [crypto](/news/article/yield-farming-crypto) ice age rather than winter, cryptography and blockchain will remain an important part of the current economic landscape.

He stated that 2022 was a horrible year for cryptocurrency markets, with one of the most destructive bear markets ever recorded and the failure of several big platforms. 

[Despite](https://www.bloomberg.com/news/videos/2022-11-11/circle-s-disparte-on-crypto-crisis-video) these barriers, he believes that mainstream financial institutions will eventually migrate to cryptocurrencies because the technology remains a prominent participant in finance.

He added that it is important to pay attention to the actions of big banks and mature financial services firms rather than their words when understanding the staying power of digital assets and blockchain technology, asserting his bullish views for crypto 2023 technology.

Disparte's statements come amid a shift in attitude among some of the most vocal opponents of cryptocurrency, who have now started to embrace it. Despite being repeatedly declared as failed or deceased (Bitcoin Obituaries Archive says more than 460 times), [Bitcoin](/news/article/how-to-buy-bitcoin-uk) and other cryptocurrencies have continued to grow in popularity and become more widely accepted.

Furthermore, Disparte reinforced his viewpoint in a recent opinion post for the Diplomatic Courier, calling it "disingenuous" for bankers to bash Bitcoin with one hand while attempting to usurp its ideas with the other.


Crypto 2023: Circle CSO Makes Prediction

Koda Apex, aka KAPEX crypto, is a utility token designed to reward those who stake its sister token, $KODA. However, this coin can also be used for payments for both products and services. The main difference is the lower fees associated with [KAPEX crypto](https://koda.finance/kapex/).

Koda describes itself as 'a long-term deflationary store of value for SummitBC Ecosystem investors'. Due to its inflationary tokenomics, the project is an excellent choice for long-term investment, it claims.

Let's look at some of the main features and benefits of the project.

## Rewards

As mentioned above, KAPEX crypto is essentially the reward token for those staking on the parent network. In addition, every transaction across the ecosystem increases the token's liquidity.

So other than rewards for passive staking, what other benefits are there to holding the coin? The benefits are wide-ranging and include:

•	Paying of exchange fees.

•	Paying service and product fees.

•	Purchasing of NFTs.

•	Paying staff or contractors.

•	Motivating team members as a bonus.

•	All business-to-consumer transactions.

•	Peer-to-peer transactions.

In addition to the above, the project has very low network fees, resulting in ultra-low transaction costs. Its supply is controlled by algorithmic tokenomics and backed by its sister coin. Furthermore, anyone looking to unstake their KODA will need to pay for this with KAPEX.

It sounds like an excellent crypto to get involved in, and, with prices currently at historic lows, now is a good time to buy. But are there any drawbacks?

## Compromise

Sadly, the program was compromised via both PancakeSwap and SummitSwap on 17 October, 2022, with the loss of some 78 BNB coins equalling £21,561 of user funds. As a consequence, the management team has advised not to buy the coin going forward. The exact details are unclear, but it appears to be the result of a [vanity address exploit](https://koda.finance/kapex-exploit-on-17th-october-2022/).

This hack and the subsequent price drop are obviously alarming and not a great look for the team behind the project.

Both tokens are managed by 'Summit Better Crypto Limited', which describes itself as a "PR and marketing firm specialising in the promotions of projects within the Cryptocurrency world".

As the company was only set up in May 2021, no filings of accounts are available for analysis. Furthermore, the company website states, "SummitBC employs third-party developers to support the projects we are promoting". Make of this what you will.

Something we can take away from this project is the urgent need for comprehensive [regulation in the crypto space](/news/article/crypto-regulation-uk). While there is nothing to suggest that there has been any wrongdoing in this example, the collapse of KAPEX value shows that consumers desperately need better protection.

Furthermore, this example shows that it is important for consumers to carry out stringent due diligence to ensure any investments they make are based on realistic future projections rather than promotional shilling through social media or so-called 'crypto influencers'.


green image of  cryptocurrency with triangle kapex logo

Kapex Crypto: Signal for Tougher Regulation?

[Crypto.com](https://crypto.com/) was one of the sponsors of the 2022 [FIFA World Cup](/news/article/world-cup-vr-viewing) in Qatar. The initiative was taken to promote its Cronos crypto (CRO). It was expected that the publicity campaign at the biggest sports tournament would boost the coin's value.

However, the tournament offererd little exposure to CRO. It failed to trigger any significant price action for the coin. While many cryptocurrencies were consolidating their positions before a potential rally during Christmas, CRO is still bearish. Currently, the trading price of Cronos is only $0.064.

## CRO’s market value dropped by 50% in November

Instead of getting a boost, the Cronos crypto price fell by more than 50% in November. The FIFA World Cup did not benefit Crypto.com in providing global exposure. It is partly because of the politicisation of this sports event. The ban on wearing LGBTQ+ armbands and the prohibition of alcohol at tournament venues created controversy. 

Currently, the media is mainly generating negative headlines for FIFA and the Qatari Government. It has taken the limelight from the sponsors and has somewhat affected their reputation. 

## The effect of FTX contagion

The [collapse of the FTX exchange](/news/article/ftx-collapse-blockfi-suspend-withdrawals) also played its part in the price decline. It has become an unstoppable contagion that has affected numerous DeFi projects. The entire cryptocurrency market experienced the impact of its collapse in November.

CRO suffered from the FTX crash as it is an exchange token like FTT. The FTT token was the native token of the FTX exchange. Likewise, CRO powers the Crypto.com exchange. Cronos felt burnt as investors lost trust in tokens dependent on exchanges' performance.

Unfortunately, CRO remains one of the coins that failed to recover. It was trading at around $0.12 at the start of the month. But after the first week, it saw a sharp decline that persists. At the end of the month, it had shed more than 50% of its market value. It is now trading at around $0.064, according to [CoinMarketCap](https://coinmarketcap.com/currencies/cronos/).

## Cronos crypto price prediction

Currently, Cronos’ crypto price is less than its 200-day and 50-day simple moving averages (SMA). It is showing a continuous bearish trend while indicating high selling pressure. Moreover, the trends are neutral to bearish for the coming weeks. 

Now, let’s see the long-term price predictions for Crypto.com coin. The forecast from [PricePrediction.net](https://priceprediction.net/en/price-prediction/cronos) shows that next year, CRO’s price will average $0.098. Besides, it may top the price charts with $0.11. Moreover, in 2025 it is likely to maintain the average market value of $0.22. According to these insights, it is expected to reach the $1 mark in 2030 and will average $1.44 in the year. 

In comparison, [Coin Codex](https://coincodex.com/crypto/cronos/price-prediction/) predictions are slightly bullish. It predicts that in 2023, CRO’s value may reach $ 0.193269 to $ 0.332090. Moreover, it suggests that the token may hit $1 in 2025. Potentially, its price may reach $ 1.634169 in the new year. 

## Is Cronos crypto a good investment?

The [Crypto.com coin](/news/article/crypto-com-card) blockchain introduces an open-source protocol. It allows the mass adoption of digital assets and promotes the benefits of ownership. The token also has the backing of one of the most influential exchanges in the market. 

Unfortunately, at the moment, investor confidence is relatively low in such exchange-backed tokens. It is showing bearish trends and has already shed 50% of its value in a month. It seems highly unlikely that the coin will recover in the near future. That's why it does not seem like a good time to buy Cronos.


green glowing cronos crypto logo on black background

Cronos Crypto Publicity Falls Flat at World Cup

November was quite unforgiving for cryptocurrencies. The gripping [FTX contagion](/news/article/ftx-bankrupt-who-to-blame) has affected the price of [Bitcoin](/coins/btc) and most of the altcoins. However, one altcoin that has made tremendous gains in this choppy market is Ape coin. 

The Ape coin price saw a massive positive rally in the few weeks. Its value has increased by over 28% in the final days of November. Currently, the token is changing hands at $3.88

## ApeCoin - the top performer in the market

Among the top 50 cryptocurrencies, [ApeCoin’s performance](/news/article/top-performing-crypto) has been the most impressive. Where most of the tokens show bearish or neutral trends, the Ape Coin price surged by over 28%. The token also ended the last month with a high of around 25% increase. At the end of October, it closed with its value touching the $5 mark.

However, it saw a sharp decline after the first week of November. In the middle of the month, its value hovered under $3. But towards the end, it had again attained some positive momentum. 

The Bored Ape Yacht Club [(BAYC) NFT collection struggled](/news/article/bayc-nft-suffered-from-ftx-crash) during this period. It slipped to the second spot in the NFT collections price list. Nonetheless, it has reclaimed the No.1 spot. 

Currently, the performance of ApeCoin is only second to DOGE. In the last week of November, Dogecoin had soared by over 29%, just slightly higher than Ape. This rally helped the memecoin regain the $0.1 mark. As of now, DOGE is being traded at $0.1004.

## Ape coin price today

According to [CoinMarketCap](https://coinmarketcap.com/currencies/apecoin-ape/), the token is ranked 30th in the market. Currently, the APE price is $4.15, up by around 1%. It maintains a market cap of $1,483,792,223 with a 24-hour trading volume of $238,275,000. 

Despite the significant gains, the token is showing high volatility. That's why there's still fear among the traders. Besides, it has been trading below its SMA (simple moving average) for the last 200 days. Therefore, there is still intense selling pressure in the market. 

## What’s ApeCoin and its ecosystem?

ApeCoin is the ERC-20 token introduced by the [Ape ecosystem](https://apecoin.com/). It is one of the most popular Web3 platforms because of its highly acclaimed NFT projects, [BAYC](https://boredapeyachtclub.com/) and [MAYC](https://opensea.io/collection/mutant-ape-yacht-club). Besides its collection of non-fungible tokens, its creators also introduced a fungible token. This token has a maximum supply of 1,000,000,000. 

The coin was created to govern its decentralised autonomous organisation (DAO). It helps in building the platform's community by providing them with incentives. Also, it allows every member to become part of the decision-making and gives members access to exclusive events, games, or merch on the ecosystem.

## Token allocation

Its total supply is divided into four major parts. The largest part belongs to its ecosystem, which is 62%. The second largest portion goes to [Yuga Labs](https://www.yuga.com/) and charity. The other two parts are allocated to launch contributors and BAYC founders.

![Picture1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Picture1_e017eb844f.png)
  
## Final thoughts

The Ape Coin price has skyrocketed in November. With an increase of over 28%, it became a top performer in the market. After decreasing in value in mid-month, it’s again on its way to breaking the $5 mark. On the other hand, [DOGE](/news/article/dogecoin-twitter-impact) is the only token ahead of Ape in this race.


green crypto coins with apecoin logo and two apes sat down

Ape Coin Price Up 28% in Last Month

Play to earn is a corner of crypto with a huge following in the Far East. The rise of the [Carbon platform](https://crbn.io/), and the Carbon token, could help P2E make its mark in the West.

Play to earn is the concept of earning crypto for playing games on your mobile or computer. Rewards usually come in the form of NFTs or cryptocurrencies, earnt by players for completing tasks or winning battles against opponents. P2E games are built with blockchain technology, allowing users to buy, sell, and trade any in-game items, tokens, or NFTs with other players and on the open market.

[Click here for a detailed breakdown of the roots of P2E, or GameFi](/news/article/what-is-gamefi).

## Next level gaming

The latest P2E platform to hit the market is Carbon gaming. With three titles already slated for release, Carbon allows users to accrue passive income while indulging in their favourite hobby.

Each game is crafted to give players unique gaming experiences. From Snakes to Battle Tanks to Isles of Carbonia, this diversified platform is helping to usher in the next level of online gaming.

Every game allows users to accumulate either Carbon token (CRBN) or NFTs. These can then be held or traded via popular platforms such as UniSwap, PancakeSwap, Gate.io, or HotBit.

## Mobile app

However, Carbon is not just about gaming. This powerful platform provides users with various extra features, such as social media, encrypted messaging, a crypto portfolio tracker, and micropayments for tipping.

Carbon is yet to be developed for the Apple iPhone, but an Android mobile app can be found on the [Google Play store](https://play.google.com/store/apps/details?id=com.carbon.social). The desktop version can be found at [Carbon.social](https://play.crbn.io/). Whatever platform you choose to access, the experience is flawless throughout.

## Tokenomics

The Carbon token, CRBN, has a max supply of 50 million and a circulating supply just short of 33 million. With a current token price of $0.0157, the project has a total market cap of $518,000.

Given the popularity of P2E gaming in South East Asia, there is every chance Carbon will prove as popular as other play-to-earn giants like [Axie Infinity](https://axieinfinity.com/), which boasts more than 700,000 online players.

Carbon has a strong following on social media, with more than 15,500 followers on Twitter, where followers are supplied with product updates and giveaways. Interested parties can also find more information via [Telegram](https://t.me/carbonsocial) and [Discord](https://discord.com/invite/YFEZ47aYpK).

Each game boasts a vast range of ways players can gather Carbon token, which leads to a satisfying and rewarding experience. Users can even earn rewards for creating social media posts and encouraging engagement which adds a whole other angle to the user experience.

Furthermore, you don't have to be a crypto expert to enjoy the Carbon platform. Setup is easy and instructions are helpful and clear, meaning players can create a profile and start gaming, and earning, within minutes.


carbon token logo on a blue and black backgorund. 

Carbon Token: New Ways to Play and Earn

Chiliz, the network behind Chiliz coin, markets itself as the world's leading blockchain fintech provider for sports and entertainment. That's a big claim – can it live up to it?

Chiliz is a layer 1 blockchain solution developed using a Proof of Authority consensus algorithm. Built on top of this is Socios.com, a sports engagement platform that uses the Chiliz coin (CHZ) as its [on-platform currency](https://www.chiliz.com/en/).

The network is partnered with some of the biggest brands in the sports and entertainment world today, including UFC, Barcelona, AC Milan, and Manchester City.

## Collective ownership

The core aim of the organisation is to provide distributed blockchain infrastructure to help leading sports and entertainment brands 'engage and monetize their audience.' This is achieved via the Chiliz coin, the CHZ token. It acts as the exclusive on-platform currency as well as an alternative payment solution.

The Socios engagement platform, in turn, allows fans of mainstream brands to purchase branded 'Fan Tokens' from their favourite club or organisation.

Fan Tokens provide brands with a way to connect with their audience and unlock undiscovered revenue streams. Holders of Fan Tokens are eligible for exclusive rewards and recognition. They can also 'have their say' and vote on permitted club matters. This concept of 'collective ownership' will become a key element of blockchain adoption in the near future as we move toward a more decentralised society.

Fan Tokens are minted through the Socios platform and voting is executed via a series of smart contracts on the main blockchain. Chiliz uses a Proof of Authority consensus mechanism, similar to Proof of Stake and based on the Ethereum ERC20 standard.

##   CHZ Max supply

The organisation is headquartered in Malta and raised some $65 million in private investment in 2018. Industry luminaries such as Binance, FBG Capital, and Ceyuan Ventures have all invested alongside [private individuals from Asia and Europe](https://medium.com/chiliz/chiliz-reaches-65-million-goal-through-private-placement-84805af230af).

The max supply of Chiliz coin is capped at 8.8 billion, with a current circulating supply of 6.09 billion. With the current price of CHZ at $0.2472 (18 November, 2022), this gives Chiliz coin a market cap of just over $1.5 billion. [CHZ](https://coinmarketcap.com/currencies/chiliz/) can be bought at most leading exchanges, including Binance, OKX, and Bitrue.

Since its October 2018 launch, Chiliz has gone from strength to strength. Some of the largest names in sports and entertainment are now signed up to the platform. Indeed, despite recent market events, the Chiliz coin has held up well and is one of the strongest performers today.

Chiliz is looking to break into the up-and-coming eSports market, where [blockchain firm VRA](/news/article/vra-crypto-esports) is already making massive strides.

With an established presence in the crypto top 50 and some of the biggest names in sports and entertainment on board, Chiliz is an exciting project working to change the relationship between fans and clubs.


Chiliz Coin Plays for Keeps

The [Moonbeam Foundation](https://moonbeam.network/networks/moonriver/) released Moonriver as a significant project in the summer of 2021. Its primary purpose was to allow much better scalability and increased functionality, acting as a safe haven for Moonbeam's main projects before being deployed. The Moonriver chain operates with the MOVR token.

## What is Moonriver exactly?

Moonriver is a [parachain](/news/article/polkadot-parachain-auctions) on the [Kusama network](https://kusama.network/), mainly operating on its Relay Chain. Let's first discuss what Kusama is and how parachains operate on its network.

## Kusama and the Relay Chain

Kusama can be considered like a giant, digital tree, where the various branches are parachains. All these branches connect to the tree's trunk, the Relay Chain. Every single parachain, or branch of this tree, inherits the features and functionality of the Relay Chain. Hence, all the parachains on the Kusama network will consist of the same security and transaction benefits that the main Relay Chain has.

Moonriver, as a parachain on Kusama, also benefits from the added security and faster transaction speeds that Kusama's Relay Chain boasts.

Another positive aspect that Moonriver brings to the Moonbeam Foundation is compatibility with Ethereum’s smart contract platform. This helps the network be much more versatile and approachable.

## The main purpose of Moonriver

Perhaps the biggest and most important reason for the existence of Moonriver is to act as a canary network for Moonbeam.

Moonbeam itself is a network on Polkadot, and it operates in a similar fashion to its younger sibling. All codes and projects will first touch down at Moonriver, to see if they're operating smoothly in real economic scenarios. Once they get the green light, they can be deployed on the bigger Moonbeam network.

This gives developers much more incentive to launch new [DApps](/news/article/betfury-crypto-dapp) and blockchain-related projects because it simplifies the deployment process.

However, Moonriver is not limited to being a "connecting flight" for Moonbeam. It still has plenty of added functionality on an individual basis, thanks to the qualities it inherits from the Kusama Relay Chain network.

## Community involvement

Moonbeam puts a lot of emphasis on Moonriver being the community’s project. This is because much of the decision-making power for future projects and operations is in the hands of MOVR token holders. As we'll discuss below, Moonriver's token has a lot of functionality, and holders can have a big say in major decisions in the company.

## The role of MOVR token

Most blockchain projects need strong tokenomics to operate smoothly. In the case of Moonriver, [MOVR](https://coinmarketcap.com/currencies/moonriver/) token is the main cryptocurrency powering the entire project. Here are some important use cases for MOVR:

•	Paying for transactional fees on the network.

•	Gas metering for Ethereum-related smart contracts.

•	Playing a major part in governance operations, such as voting, electing, and proposing new regulations and decisions.

•	Ensuring that Moonriver stays a part of the Kusama network.

These are some of the most critical use cases of MOVR, as it certainly possesses plenty more functionality.

## Allocation and inflation

Staying on the Kusama network is one of the most important factors for Moonbeam. Hence, a whopping 30% of the entire MOVR token allocation went towards the KSM (Kusama’s token) crowdloan. To top that, a further 40% of the entire supply is used to reserve the Kusama network parachain slot for Moonriver.

The remaining 30% of MOVR supply is just for operational purposes, such as transactions, smart contracts, and governance.

To ensure a consistent flow of funds available to reserve a parachain slot, Moonbeam also uses inflation with this token. They've planned for a total of 5% annual inflation, which itself has been allocated for various uses - the primary one being the parachain slot.

This step is crucial for Moonriver to survive. As the initial supply will eventually run out, there needs to be a growing inflow of tokens to ensure the sustainability of the system.

## MOVR token price prediction 2023

Currently, MOVR token’s price sits around $7.78, according to [coinmarketcap](https://coinmarketcap.com/currencies/moonriver/). Its circulating supply is almost $45 million. Price prediction models aren't fully accurate, they just help to provide some insight as to what the estimated value of a token could be in the future. They should just be taken as a suggestion ONLY.

Multiple data analytic models predict that MOVR will be valued at around $100 on average for 2023. Moreover, its max price could touch $108.66 during the year. Again, these are just estimates. The real 
value could certainly be much higher or lower than the abovementioned range.

## FAQs

### Where to buy Moonriver (MOVR) token?

As it’s a cryptocurrency, you’ll have to buy MOVR from a [cryptocurrency exchange](/coins). There are many exchanges you can opt for, with Binance, [Crypto.com](http://crypto.com/), and Kraken being some of the most popular options. Simply log in on one of these websites (or apps), register an account, and trade your money with MOVR.

### Is MOVR a good investment?

Considering that it's part of a big organization, MOVR seems to be on a path of long-term sustainability and functionality. That is one of the most important pointers of a successful company in the long run. So, if the crypto market stays stable, Moonriver could prove to be one of the more reliable options on the market.

### Should I buy Moonbeam (GLMR) or Moonriver?

Both tokens have plus points and could be considered viable options when buying crypto. Moonbeam is the more established currency out of the two, with a bigger circulating supply. However, this also means that Moonriver is a relatively newer project by an already major company. This indicates that it has the potential to blow up in price.

Moonriver, and the MOVR token, could be the more volatile option if you're looking to invest, but it could also stand a higher chance of giving a decent return on investment.



Is MOVR Token the Next Big Thing?

Litecoin is a cryptocurrency created to provide fast, secure, and low-cost payment services by taking advantage of the unique features of blockchain technology. So, what are the predictions about its future?

Its price move reflects the weakness of a large-scale cryptocurrency market in 2022. Although, the network finished its most worthy upgrade ever earlier in the year. 

It has been ranked third among all the cryptocurrencies by market capitalization for a long time. This cryptocurrency has been active for around nine years and has been a successful digital currency for a long duration. As a result, it is still ranked within the top 30 cryptocurrencies. 

## What is Litecoin?

LTC is a decentralized cryptocurrency founded in 2011 by Charlie Lee, a former employee of Google. Although it has the same working principle as [Bitcoin](/coins/btc), there are some differences.

It is inspired by Bitcoin's open-source software, but emerged to eliminate some errors in the Bitcoin system and has been successful in this field.

It aims to enable money transfers at lower costs and offer more storage possibilities than other cryptocurrencies.

By providing faster transactions at lower fees than the Bitcoin blockchain, Litecoin achieved great success in the first days of its existence and gained an important place among other cryptocurrencies.

## Litecoin founder Charlie Lee

LTC founder Charlie Lee worked at Google when he founded Litecoin in 2011. Lee divested his entire stake in 2017 and announced the division in a Reddit post on 20 December, 2017.

Charlie Lee developed this cryptocurrency to be "a simpler version of Bitcoin", with features similar to Bitcoin in many respects, but as a lighter alternative.

## Litecoin predictions

Looking at [Litecoin](/coins/ltc) predictions for value in the short term, CoinCodex shows the LTC price dropped by 3.4% to $53.44 by 1 November, 2022. However, according to WalletInvestor, the token could be trading at $89 by year-end. By 2025, Litecoin predictions say LTC could be trading at $113.

Finally, the DigitalCoinPrice price prediction anticipates [LTC](/news/article/01-litecoin) will trade at over $55.94 in 2022 and, in five years, it will be up to $173. 

When investors look at LTC price expectations, they should remember that the market is volatile, and that analysts' [Litecoin](https://changelly.com/blog/litecoin-price-prediction/) predictions could be wrong. Just rely on your own research. The decision to trade or invest depends on your own risk appetite, experience, and goals. Don't risk what you can't replace.


Litecoin Predictions

[FLOKI](https://www.floki.com/#hero) Inu is the people's [cryptocurrency](/news/article/which-uk-banks-allow-cryptocurrency-purchases); the platform empowers and supports individuals rather than venture capitalists and hedge funds by combining the power of memes with genuine value and philanthropy. 

The platform appears to believe that that harnessing the power of memes is the only way to effectively mainstream cryptocurrencies and achieve widespread acceptance. This is because memes can appeal to all, regardless of age, experience or wealth. Blockchain technology and cryptocurrencies are only good if they improve people's lives and contribute to a better society, which is why philanthropy is a big part of Floki Inu identity. As a result, the primary objective is to construct a school on each continent.

## Purpose of Floki Inu

Floki is a cryptocurrency on the Ethereum blockchain and the Binance Smart Chain. Every transaction or exchange has a tax of 3%. This tax funds their treasury, utilised for project development, partnerships, making the world a better place through philanthropic activities, and raising platform awareness. Solidity has audited the Floki smart contract. 

The platform's play-to-earn NFT metaverse game aims to deliver A-level gaming aspects on the blockchain and upgradeable NFTs.

## Floki Inu tokens

According to the [whitepaper](https://docs.theflokiinu.com/), it is a working multi-utility [token](/news/article/xdb-news-token-swap) intended for decentralised trade among platform members. 

The goal of introducing tokens is to provide a simple and secure form of payment and settlement amongst ecosystem members without using intermediaries such as centralised third-party businesses, institutions, or credit. 

The supply and demand for the token connect between ecosystems via a 1:1 swap. Holders can move their tokens between the BSC and ETH blockchains via the FLOKI ETH-BSC atomic exchange bridge. The FLOKI transaction fee of 3% can not be charged when users bridge tokens between blockchains, implying that when users transfer tokens between the ETH and BSC networks.


What is Floki Inu?

Tried searching for GRM on your favourite exchanges without much luck? In this article, I'll show you how to buy GRM from PancakeSwap without paying high fees. But first, what is Green Moon crypto?

## What is Green Moon?

Green Moon is a BEP-20 token created to satisfy the demand for stable price increases amid chart fluctuations. The Green Moon crypto is designed using an hourly deflation mechanism. This protects your investment and makes it possible to earn a stable income as the liquidity pool expands and consolidates Green Moon price’s bottom line.

## How to buy Green Moon crypto

### Step 1: Fund your Binance account

First, log into your Binance account and fund it with fiat currency (USDT, EUR, or any other currency you prefer) if you haven't got any. If you haven't got a [Binance account](/news/article/guide-to-binance-uk), you can create one and fund it with your credit card.

### Step 2: Buy BNB

After funding your account, go to Markets and search for BNB, choose the USDT/BNB pair (if you deposited USDT), then click “Sell” to exchange the pair. It’s important you buy BNB as the Binance network and Metamask charge minimal gas fees in BNB.

### Step 3: Connect your PancakeSwap to your Metamask

Before you withdraw BNB, connect your PancakeSwap to your Metamask. [PancakeSwap](https://pancakeswap.finance/) is a DEX for trading BEP-20 tokens, so you’ll need it to trade GRM. If you don’t have a Metamask wallet, you can sign up using the app or Google Chrome or Brave Browser extension.

When you click "Connect" on PancakeSwap, you'll find a couple of wallets – select Metamask and accept to add the Binance Smart Chain network.

Then go back to Metamask and copy the BSC address. Return to Binance, select BNB, click withdrawal, paste the copied address and select the BEP20 network.

Step 4: Swap your BNB for GRM

Go back to PancakeSwap and click Trade > Exchange. Since you've connected your Metamask to PancakeSwap, you should see your BNB balance. Before swapping the tokens, you'll have to go to set the Slippage tolerance to 13%.

Note that GRM isn't on PancakeSwap, so you'll have to import it. When you import it, you'll be provided with the option to check it on BSC Scan. Do this to be sure the right coin was imported from CoinGecko.

After that, click “Swap” and confirm the transaction, and you’ll be greeted with a success screen afterward.
That's how to trade Green Moon securely.


How to Buy Green Moon Crypto

Key takeaways on why Aptos crypto is a good investment case for 2023 and beyond:

•	Based on Web3 technology, which is the future of the blockchain.

•	Aptos blockchain is built to provide a low latency, high throughput system which caters to different use cases and is resource-constraint-tolerant.

•	[Several projects are signing up to the Aptos platform](https://cryptotvplus.com/2022/10/5-nft-projects-on-the-aptos-blockchain/), deepening Web3’s adoption.

## What is the Aptos crypto all about?

The Aptos crypto token APT was listed on some exchanges in October 2022. A month later, the second largest crypto exchange, [FTX](/news/article/ftx-bankrupt-who-to-blame), collapsed. The scandal continues to unfold, and the public is learning more about how the lack of proper management brought that exchange to its knees. The damage to the crypto market is undeniable. As the FTX saga has clearly shown, there is much folly in simply speculating on tokens with no structure or foundation. 

This event may have a silver lining and will allow crypto enthusiasts to move away from the speculative activity on crypto tokens and get back to the essence of the blockchain. Aptos's Web3 offering is one project that can take the crypto industry in the proper direction and create value for stakeholders in this ecosystem.

The Aptos blockchain is a project that aims to promote rapid adoption and deployment of Web3 technologies using cloud infrastructure. Based on the Move language, Aptos presents a new way of designing smart contracts and enhancing system security and decentralization of blockchains.

Decentralization is at the very core of the Aptos network. Web2 versions of internet-based services feature a lot of centralization, where companies control the data and decide who can be on their platforms. This opens the door to abuse. Facebook, Amazon, and other companies have, at one time or another, faced accusations of competition-unfriendly practices and misuse of user data. These companies come under some form of regulation. Regulators have stepped in once in a while to reign in the excesses of these companies. But in the blockchain world, an ecosystem that promotes decentralization, the existence of centralized entities that operate without regulation makes for a dangerous combination. The collapse of FTX typifies such dangers.

## FTX's collapse will hasten Aptos crypto's Web3 drive

Despite the decentralization feature of distributed ledger technology, many crypto exchanges continue to operate as centralized organizations, representing a significant failure point. If there is a hack, a run on the exchange, or customer funds vanish (as in the FTX example), users lose everything. This goes against the very notion of distributed ledger technology.

The concept of Web3 is a direct response to the problems associated with centralized internet-based networks. As a Web3 blockchain project, Aptos aims to be the backbone on which several other Web3 projects will spring up. The Aptos crypto airdrop has been concluded, and the Aptos blockchain platform already has several hundred projects waiting to launch.

The only way to stop the crypto market from being the cesspool of centralized, corporate degeneracy is by shifting focus away from undue market speculation. FTX fell into this trap by [moving billions to Alameda](https://www.theguardian.com/technology/2022/nov/11/cryptocurrency-exchange-ftx-files-for-bankruptcy-protection-in-us) and losing these in risky speculative bets.

Some investment banks thronging into the crypto market in late 2020 and 2021 are starting to rethink their focus. CoinDesk cited an 18 November, 2022, investment note by Bank of America (BofA) analysts Andrew Moss and Alkesh Shah, in which investors were reminded that the development of applications that leverage distributed ledger technology continues to advance, irrespective of FTX's collapse. 

To buttress the point made by the BofA analysts, on-chain data show that DeFi protocols continue to enjoy steady revenue growth. [DeFi's revenue](https://www.fxstreet.com/cryptocurrencies/news/polygon-ranks-third-in-top-defi-projects-by-revenue-what-this-means-for-matic-price-202211172222) during a week in early November is demonstrated in this snapshot, taken from Token Terminal. It shows that Ethereum netted more than $555m in that week. OpenSea and Illuvium earned $73.5m and $73.3m, respectively. Next are dYdX and PancakeSwap, with revenues of $39.6m and $34.9m.

![aptos.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/aptos_5595e79820.png)
 
## DeFi Network Earnings, Early November 2022

The problems seen in the crypto market are more of a failure of corporate structure and not an issue with the technology on its own. Decentralized exchanges like PancakeSwap and decentralized finance networks like Ethereum and dYdX still make money even when centralized exchanges and their tokens are bleeding. It is an obvious pointer that we should be looking for ways to expand the technology and not be fixated on speculating on the native tokens.

The Aptos crypto token has lost much of its value within a month of listing on major exchanges. From a Binance-listed high of $100 on 19 October, 2022, the token is struggling to stay above the $4 mark. This may be a disguised blessing, as it makes the APT token unattractive to speculators, given the spreading contagion of the FTX collapse. This will redirect focus back to the essence of the distributed ledger technology. 

Distributed ledger technology was not created as an exotic financial asset for market speculation. Bitcoin certainly wasn't, as Satoshi Nakamoto envisaged its use as a means of peer-to-peer payments. True decentralization lies at the core of the Web3 drive, and Aptos is positioned to lead the way in this direction.


Is Aptos Crypto a Good 2023 Investment?

If it sounds like a pyramid scheme, you are right. If it sounds like artificial inflation, you are right. Pump and dump schemes made headlines before [Bitcoin](/coins/btc) was created. Recently, several news stories have pointed to many scams attempting to manipulate cryptocurrency prices through this scheme.

While digital currencies are relatively new, they are prone to old scams. The novel blockchain technology that backs cryptocurrencies can be used to create an artificial financial mania. Like the popular [Tulip mania](https://en.wikipedia.org/wiki/Tulip_mania) that occurred in the Dutch Republic between 1634 and 1637, what this scheme banks on is the ability to create an illusory surge of public interest in a particular asset such that easy and massive wealth seems to be within reach of the average investor. The cryptocurrency's price soars past its fundamental value, and everyone is buying to avoid missing out.

Eventually, an inflection point is reached once the price is fully "pumped." The people behind the scam begin to sell the cryptocurrency for a higher price. Dumping the coin and pocketing the profit while innocent investors watch the price plummet. 

## What are pump and dump schemes?

Pump and dump schemes, which fraudulently manipulate prices by disseminating false information, have existed in economic contexts since at least the 1700s. With the advent of new technology related to cryptocurrency trading, the issue has a wider scope.

This scam takes advantage of individual investors while earning huge profits for con artists. They may include social media influencers who are compensated for encouraging people to purchase a particular digital coin in order to increase its value.

![pd.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/pd_3be9ce84f2.png)
 
### *The three phases of a pump and dump operation*

This type of scam targets new and small-cap coins. These types of coins do not require a lot of money to manipulate, so they are easy picks. Rarely will you hear of a Bitcoin pump because it will require a lot of money. Many small-cap coins do not have any real use cases. The scammers simply create the illusion of importance by roping in celebrities and industry thought leaders to make the cryptocurrency look more interesting.

The number of pump and dump scams has steadily increased. In a 2018 [report](https://www.wsj.com/graphics/cryptocurrency-schemes-generate-big-coin/?mod=article_inline?) by the Wall Street Journal, crypto pump and dump schemes accounted for $825 million in trading activity in six months, causing hundreds of millions of dollars in losses. In that year, from January to July, there were 125 pump-and-dump scams that manipulated the price of 121 different coins.

According to [Chainalysis data](https://www.coindesk.com/markets/2021/12/17/defi-rug-pull-scams-pulled-in-28b-this-year-chainalysis/), they made up 1% of total illicit revenue in 2020. In 2021, they accounted for a whopping 37%.

## How does this scam operate? 

A pump and dump scheme operates on two levels:

1.	Insiders of the token promote and stir the price while they sell slowly.

2.	Scammers target a particular token and rally the token community to buy, triggering a soar in price. Whoever buys last is left with an empty bag.

Whichever one operates, there's a team of tech-enabled, motivated, and organized players at the centre. This team often includes internal investors who provide funding to buy the token and raise demand.

While the investors fund the artificial demand for the token, another team fuels the disinformation campaign, trumpeting non-existent use cases or completely false details about the token. With social media and instant messaging apps, marketing the good word about the token is easier. Platforms like Telegram, Twitter, Facebook, and YouTube have become breeding grounds for these marketers.

These marketers use famous people to help sell the tokens because they want to get people interested. Fear of missing out (FOMO) is what makes this scam work, so outside investors and traders rush to buy the token. The price crashes as investors realize too late that they invested in a scam.

## How to spot crypto pump and dump 

Generally, the first step to spot a bad investment is to do your own research. Look up the token, read the white paper, check the exchanges on which it is listed, the order book, and the token timeline. If it's too good to be true and has no clear purpose or utility, it's most likely a scam.

Second, an investor should understand that scams are modelled by psychological tricks. It's important to understand if FOMO is contributing to your decision on whether to invest or not. Always be self-aware. Are you investing because you don't want to miss out? Well, you may end up holding an empty bag.

Last year, some anonymous developers launched the SQUID token, riding on the success of the Netflix hit show Squid Game. Before the pump, SQUID was worth about two cents. Soon after the marketing ploy hit, the coin went from $0.01 to $38 within a week. The perpetrators rode on the FOMO and [made off with $12 million](https://www.yahoo.com/video/biggest-pump-dump-scheme-ever-123048530.html). Invest in various tokens. Only invest your money after you have carefully evaluated a project. If it crashes, take your money out while there's still time.

Another psychological trick these fraudsters use to ensnare you is the idea that everyone in a pump group is an insider. The truth is, as [Coffeezilla puts it](https://www.newyorker.com/news/letter-from-the-southwest/coffeezilla-the-youtuber-exposing-crypto-scams), “there is an insider within an insider club in all of these pump and dumps."
"Only true insiders are aware of the pump and dump signals before others."

If you're not a founding member of the token community, your investment will only amount to zero.
Why is a fashion influencer suddenly talking about some cryptocurrency? Your answer: it's most likely a scam. Influencers and celebrities are a major part of legitimizing a scam token. Their reputation (though paid for) is staked as a reason to buy.

A sudden spike in the price of a relatively unknown coin points to the "pump phase" of the coin. You can see on the price chart a sharp price hike. This is a red flag.

## Bottom line

The unregulated crypto industry opens the door for fraudulent players in the market. The high and fast profits from these pump and dump schemes entice scammers to take advantage of unsuspecting investors.

A vigilant investor knows to always be on the lookout for these scam schemes. You don't invest more than you're willing to lose while spreading your investment across different tokens. Only invest your money after you have carefully evaluated a project. If it crashes, take your money out while there's still time.


How to Spot a Pump and Dump

On Monday, the [Bank of Canada](https://www.bankofcanada.ca/) released a [Staff Analytical Note](https://www.bankofcanada.ca/2022/12/staff-analytical-note-2022-20/) on fiat-referenced digital assets. It discusses the risks and the potential benefits of [stablecoins](/news/article/what-are-stablecoins). 

It further analyses the working mechanism of these crypto assets and explores how they should be distributed. However, the most critical point that staffers discussed is [stablecoin regularisation](/news/article/euroc). 

## Bank of Canada on the usage of fiat-pegged crypto assets

The report says that the global market of fiat-backed cryptocurrencies has seen a 30-fold growth in the past two years. Currently, the estimated value of this market stands at $161 billion. Yet, these coins have limited usage.

It points out that these assets are primarily used on trading platforms as payment options. However, they may have various other use cases for different users. For instance, they can also be adopted as a payment option for goods and services. 

However, the authors emphasised that it is only possible with “well-designed and appropriately regulated” stablecoins. The note adds that stablecoins could benefit payment services because of their efficiency. They can also help shape a digitised economy, but safeguarding is essential to eliminate the risk of instability, it says.

## The identified risks

The analytical note identified several risks that can cause instability in the financial system. They include run, contagion, concentration, consumer and investor protection, and accountability risks.

Run can happen when fiat-referenced coins lose their peg and cannot be redeemed. A run incident occurred in the market when the [Terra-Luna ecosystem](/news/article/terra-luna-collapse) collapsed in May.  

Similarly, there is a contagion risk because 50% of the trades in the crypto market happen in stablecoins. Most centralised/decentralised exchanges and DeFi platforms are affiliated with these assets. So, if a run happens for a stable asset, the market will likely feel disruption.

Concentration is another issue that can be problematic for investors. The report says that around 90% of the market is dominated by only three stable assets. Only 1% of investors hold more than 90% of these assets.

There are accountability and investor protection issues too. These problems can cause an imbalance in the digitised economy, which is why [regulatory measures](/news/article/g7-crypto-2022) seem inevitable.


Bank of Canada Highlights Stablecoin Regulation

The Sandbox is a widespread metaverse with its native token, SAND. This article shares the price analysis of the trading pair SAND-GBP.

The Sandbox is the third-largest Ethereum blockchain-based metaverse. Users can create, share, and monetize assets (such as real estate) and gaming experiences. In the virtual world, people can own assets, play, build, and own their properties and in-game purchases. Furthermore, they can sell such assets for real-world money.

Gamers' rights in traditional games are restricted. While powerful virtual gaming is not new, it allows players to monetize and own their creations. This is why Pixowl, a game development company, created it to revolutionise the traditional gaming market.

In addition to the blockchain, The [Sandbox](/news/article/the-sandbox-game-wedding) uses the potential of non-fungible tokens (NFTs) to allow people to interact with the virtual world. NFTs provide users with characteristics such as scarcity, security, and authenticity.

## Products offered

While the Sandbox is not the only [Metaverse](/news/article/how-to-invest-in-metaverse) offering, it is unique in its product portfolio breadth. It consists of three products that provide gamers with a comprehensive experience:

•	VoxEdit: It is a programme allowing users to create and animate 3D objects. These objects are known as assets and adhere to the ERC-1155 token standard. With a single, smart contract, this standard enables the minting of fungible and non-fungible objects. Non-fungible tokens are unique, whereas fungible objects are not and can be traded for another asset.

•	The Sandbox Game Market: It allows users to create free 3D games.

•	The [Sandbox](/news/article/the-sandbox-game-wedding) Marketplace: allows users to sell their assets (after uploading them on an interplanetary file system – a protocol used for storing and sharing any files).

These three products, when combined, benefit gamers by granting them ownership of their content. Pixowl accomplishes this through the use of blockchain and smart contracts.

## SAND GBP price analysis

The Sandbox has a current market cap of 760.108M. The token's total supply is three billion, and the current circulating supply is 1.50B tokens. The total volume is 124,425,944, and the 24-hour volume is 125.24M. The current price of the trading pair SAND GBP is 0.5081, which is 2.3295% up from the previous day. It has been trading between 0.494486 and 0.507720 in a 24-hour time range. Also, in the period of 52 weeks, it has been trading between 0.468573 to 6.325037.

[Gov Capital](https://gov.capital/crypto/the-sandbox/) predicted that the SAND token would end the year at slightly less than 3.59GBP. The site then predicted that it would fall to just under 3.42GBP by 27 September, 2023, before potentially falling to just under 8.39GBP per year after that.

## Bottom line  

When making a SAND GBP token price prediction, remember that cryptocurrency markets are still highly volatile, making it hard to accurately predict a coin or token's price in a few hours and even more challenging to make long-term predictions. As a result, analysts and algorithm-based forecasters can and do make incorrect predictions.

If you are thinking about investing in crypto, we recommend doing your own research first. Before making any investment decision, consider the most recent market trends, news, technical and fundamental analysis, and expert opinion. Remember that past performance is not a guarantee of future results. Furthermore, only trade with money you can afford to lose.
 
 



green image of cubes. SAND coin logo in foreground. 

SAND GBP Price Analysis

What do you know about Casper Coin and the Casper network?

Launched in March 2021, Casper is a Proof of Stake, layer 1 blockchain designed exclusively to boost the adoption of smart contracts, decentralised applications (Dapps), and blockchain technology on a global scale.

Built from the Casper CBC (Correct by Construction) specification, the project has grown steadily since its launch and currently has a market cap of just under $300 billion (December 2022).

The Casper chain has been designed with future-proof architecture to ensure its continual development and flexibility to evolve around the needs of its users. With user-friendliness high on the list of priorities, the chain has been specifically designed to accelerate the adoption of Web3 by encouraging the growth of intuitive and interoperable services across its ecosystem.

## Casper Coin

The Casper network native token is Casper Coin, or CSPR. It has a circulating supply of 10.5 billion, just 700 million short of its total supply of 11.2 billion. The total [market cap](/news/article/what-is-market-cap-in-crypto) of CSPR is currently $283 billion.

In an effort to clear up some confusion regarding circulating supply, the project was quick to respond to concerns from its community. The team reported that some 80% of CSPR in circulation is staked and bonded to the network. That means any volatility in trading is certain to impact token price, good or bad.

At current prices ($0.028), the Casper Coin price is some 97.9% off its all-time high of $1.36, which presents an ideal time to buy. Getting hold of CSPR tokens is relatively straightforward, with a growing number of exchanges, including [KuCoin](https://www.kucoin.com/trade/CSPR-USDT), [Gate.io](https://www.gate.io/trade/CSPR_USDT), and [Huobi](https://www.huobi.com/en-us/exchange/cspr_usdt), all offering USDT trading pairs.

## Enterprise solution

The steady growth of the blockchain and predictable tokenomics make Casper Coin a popular investment choice. Furthermore, Casper's versatility, predictable gas fees, and future-proof design make the project an attractive option for developers.

As a Proof of Stake-based consensus protocol, Casper is some 1,360 times more carbon efficient than the Bitcoin network. The innovation behind the CBC protocol ensures that the scalability and database management solutions are ever present, making the network a popular place to build Web3 Dapps.

The project is the result of years of research and development from the teams at CasperLabs, who have vast experience gained at enterprise-level software giants such as Adobe, Alvara, and Google.

CasperLabs has positioned itself as the 'de facto' blockchain enterprise solution for teams looking to build decentralised projects in the Web3 environment. The dedicated level of developer support is what makes the team at Casper stand apart from other competing projects.

## Security audit

As a Proof of Stake consensus network, Casper relies on token staking by validator nodes to secure its network. Proof of Stake is not only much greener than its rival Proof of Work, but it also offers much greater opportunities for scalability and developer versatility.

The CBC protocol has been designed to use an upgraded version of Byzantium Fault Tolerance applications and is, therefore, resilient to hacks and bad actors. This enterprise-level security design means that Casper has completed several security audits, including a [Trail of Bits audit](https://blog.casperlabs.io/trail-of-bits-security-audit-casper-highway-protocol/) in January 2021 which concluded that the Casper network “showed proper use of security hygiene”.

## Transparent road map

When you consider the security audits, enterprise-level infrastructure, flexibility, and solid team behind the project, it is easy to see why Casper and its native token, CSPR, is an attractive buy for crypto traders and investors alike.

Apart from some recent confusion regarding what actually constitutes circulating supply, the team at Casper presents an attractive ecosystem with a transparent road map for the future.

If the project can maintain its so far impressive momentum and deliver on its promise of enterprise-level, scalable and flexible Web3 solutions, the Casper Coin price has every chance of gaining significant upside in the near to medium term future.
 
 
 



green image of casper coin in pile of altcoins

Casper Coin – What is it?

This article examines QNT crypto, including its network, use cases, and price predictions.

In the face of rapid growth in [blockchain networks](/news/article/trending-crypto-coins), multi-chain features are becoming increasingly necessary. That's why in recent times, the focus of developers in the industry has been on interoperability. Many protocols have been introduced in the market to bridge the gap between different networks.

One such renowned blockchain project is the [Quant Network](https://quant.network/). It leverages Overledger technology to bring together varying networks. It also helps in building decentralised software for enterprises. 

In this article, we will discuss Quant network and what services it offers. We will also discuss QNT crypto and the prospects of investing in it.    
 
## Quant Network: A quick overview

Quant is a versatile project that provides operating systems and blockchain interoperability solutions. Using the Overledger operating system, the network uses the automated trust mechanism to bridge multiple blockchains. Its solutions are specifically helpful for enterprises. The reason is that its suites can be deployed directly without the need for too much coding.

The project is a London-based firm founded in 2018 by Gilbert Verdian, Paolo Tasca, and Colin Paterson. Verdian is still the CEO, whereas other founding members no longer serve the company.

## Quant’s ecosystem

Quant ecosystem is built to connect private networks with public [blockchains](/news/article/blockchain-for-dummies). It provides a secure, decentralised, and interoperable gateway to large corporations. One of the most significant components of its ecosystem, the Overledger operating system, provides an application programming interface (API) with blockchain-agnostic features. This means it can work with many distributed ledgers, giving you various choices. 

Furthermore, it allows you to build specialised decentralised applications which have multi-chain features. These apps are also called MApps and can be essential for various industries. The financial service providers, healthcare sector, governmental institutions, and other enterprises can build them on moving towards a digitised economy.  

Since the network allows MApp infrastructures, it also supports multi-ledger tokens (MLTs). These tokens are pegged with a treasury kept in escrow accounts. This ensures that cryptocurrency transactions are carried out in a trustless manner. 

MLTs can be stablecoins, central bank digital currencies ([CBDCs](/news/article/cbdc-uk)), loyalty points, or other similar tokens. However, its ecosystem is powered by the QNT crypto, the blockchain’s native token. If you want to use the services of this network, you must acquire QNTs.

## How does the Quant network work?

The network’s blockchain operating system works with the DLT (digital ledger technology) gateway. It allows seamless integration of networks, irrespective of their dissimilarities in the protocol, blockchain, etc. 

It follows the TCP/IP-like model, usually used in communication networks. The model is organised in layers. Different layers within the model are designated for various task.

![quant.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/quant_b0d95f90ea.png)

[Source](https://twitter.com/quant_network/status/971368487477268482/photo/1)

Here’s how the model works:

1.	Transactional layer
At this layer, all transactions are managed and stored. It maintains consensus between different blockchain domains. Also, it ensures that transactions of one blockchain are validated only on its domain and not on other blockchains. 

2.	Messaging layer
Messaging layer is a logical layer that retrieves relevant information from all ledgers. It stores transaction data, metadata, and smart contract information. Besides, all the communication between DApps takes place at this layer. 

3.	Filtering & ordering layer
This layer is quite similar to the messaging one. But it deals with specific messages from the transactions. Out-of-chain messages, referenced by hashes, need to be ordered and filtered. This layer communicates with the messaging layer for ordering and filtering.

4.	Application layer
At this level, the state of the application is inspected. Messages with valid signatures and formats may update the status of the application. References are made through hash pointers which can refer to the storage.

## QNT Crypto - The native token of Quant

QNT crypto was introduced in 2018 via an initial coin offering (ICO). It secured more than $11 million with the ICO. It is the utility token that fuels the entire ecosystem. All the transactions, like trading fees and platform fees, are paid through QNT tokens. Besides, MApps built on Quant will give access to QNT crypto to the service providers and users. 

The token is developed on the [Ethereum blockchain](/news/article/what-is-weth) and follows the ERC-20 token standard. Also, it has agnostic properties, so you can use it on other networks. 

## Tokenomics

Currently, the value of Quant tokens is $106.15, with a market capitalisation of $1,314,333,336, according to [CoinMarketCap](https://coinmarketcap.com/currencies/quant/). Moreover, its circulating supply is 12,072,738, and a total supply of 14,612,493. 

The total fixed supply is divided into four parts. The most significant part is assigned to the public, and the second largest is to company reserves. The founders and advisors also have their shares.

![qant2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/qant2_8f6606ae49.png)

## QNT crypto price prediction and analysis

In mid-October, [QNT crypto’s price](/news/article/quant-price-prediction) saw a positive movement. It peaked on 17 October at $226, which was its highest value in 2022 so far. It appeared to be a price correction after the upward trend that started in June. It broke the support level of $150 and was trading above it. This indicated the next bullish run for the coin.

However, it could not persist with the bullish movement. Currently, it is changing hands at $106. The bullish run was invalidated because it fell well short of the support level. It has seen a drop of over 32% in the past seven days and showing bearish signs.

But as the value is down, it could be a buying time for the investors. The trends suggest it might show a slight recovery in the coming week. QNT crypto might reach $115 if it continues the recovery. Notably, the next support level for the coin is $87, whereas its resistance level is $123. 

## Is Quant crypto a good investment?

Overall, the Quant Network is a unique project introducing practical use cases. Its solutions can be ideal for managing large firms like governmental institutions, healthcare firms, and financial service providers. More adoption can make a digitised economy more accessible for businesses. This could also result in a positive impact on its price. 

It reached its all-time high of $428 last September’s bullish cycle. That’s why it has the potential to perform well in the next bullish cycle. Besides, it can also make you short-term profits regularly. Suppose it continues its recovery with some stability in the crypto market. In that case, it could be a gainful asset in your portfolio.

## Final thoughts

QNT crypto network is an innovative approach toward blockchain interoperability. It not only allows different blockchains and networks to work together, but also allows the development of useful MApps. Besides, it can be a profitable addition to your portfolio, giving you both short and long-term gains.


green image of cryptocurrency on table with quant logo overlayed

QNT Crypto - Everything You Need to Know

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 5