Amid the turmoil that impacted the crypto-asset market at the beginning of the year, there were digital currencies that followed the opposite path, showing high appreciation during the period. This is what a survey carried out by Felipe Medeiros, analyst, and partner at Quantzed Criptos, a technology and financial education company for investors shows.
Based on data from CoinCodex, the analyst highlighted which were the three cryptocurrencies that rose in appreciation in the first quarter of 2022. To know them, check below.
Which cryptocurrencies appreciated the most in the first quarter of 2022?
1 – GMT, from STEPN: + 791.93%
The cryptocurrency that appreciated the most in the period was Green Metaverse Token (GMT), a governance asset of the STEPN application, a platform that encourages physical exercise through rewards within the game ecosystem.
It works like this: that interested access the technology and, in a way, “equipped” with an NFT sneaker, walk or run to earn the cryptocurrencies (exercise monitoring is controlled by STEPN via GPS).
Then, after performing physical activities, users’ earnings are stored in the app’s wallet, which has a built-in exchange function.
For Medeiros, the justification for the increase would be that “in recent months, we have had a very strong trend towards the ‘win-to-play’ model… [that’s why] the currency that appreciated the most in the first quarter was the GMT”.
However, the analyst also comments that despite this hype bringing a strong rise to the asset at the moment, he does not have a good outlook on the cryptocurrency in the medium and long term.
In trading on April 14, the asset had a market cap of $342.3 million, according to Coinbase data. The cryptocurrency began trading in May 2021.
2 – KNC, by Kyber: + 149.56%
Kyber Network Crystal (KNC) is a utility and governance token and an integral part of the Kyber Network, which is a decentralized exchange liquidity platform that is based on the Ethereum blockchain.
The ecosystem allows for simple conversions between different types of digital assets, so users can trade cryptocurrencies using only decentralized apps and their wallets.
KNC token holders bet and vote to receive protocol trading fees on the network. And as more trades are executed and new protocols added, more rewards are generated.
In trading on April 14, the asset had a market value of US$ 828.5 million, according to Investing data. The cryptocurrency began trading in November 2017.
3 – WAVES, from the Waves platform: + 95.16%
Waves is an all-in-one blockchain platform that supports multiple use cases, mainly for the development of decentralized applications (DApps) and smart contracts.
The network has its own virtual asset, which has the same name. The token serves to reward all infrastructure participants, to pay platform fees and for users to carry out other projects.
In trading on April 14, the asset had a market value of US$ 2.4 billion, according to Investing data. The cryptocurrency began trading in July 2017.
Is it worth looking for more alternative cryptocurrencies?
As is well known, investments in digital assets are part of the variable income category, so in this market that is so volatile, making these applications is quite risky, even more so when investing in more alternative cryptocurrencies.
For Medeiros, “if you know how to make a good assessment of the assets you are buying, it is worth betting a small part of your portfolio on this… but you have to understand that you are taking a very big risk”.
Francisco D’Orto Neto, professor at the FIPECAFI faculty in the subjects of the Economics course, explains that before investing in a cryptocurrency, it is important to make a complete and thorough analysis of it. For the teacher, it is essential to assess the following:
- Is the cryptocurrency project innovative? What are his advantages? Are there already other digital currencies proposing the same thing? If so, do they seem to be more promising?
- What is the future planning of the project (roadmap)? It is important to analyze the next programmed steps and, if possible, identify if the currency has the potential to grow. And it’s worth a warning: if you can’t find a crypto roadmap, it’s a sign of distrust.
- Does the currency have its source code available to the public, allowing anyone to access it?
- Another fact to look at before investing: it is important to identify cryptos that have liquidity and market value.
Best Cryptocurrencies to Invest Now in 2022
For Medeiros, the best investment now is in Ethereum, “because the cryptocurrency will undergo an update in the coming months, which is the biggest in history”.
Currently, the development of Ethereum is through the proof-of-work (PoW) protocol, that is, when a decentralized network of computers competes to validate transactions.
With the update, which is called The Merge (the merger, in the Portuguese translation), the network should start to work through the proof-of-stake (PoS) protocol. This means that users will be responsible for validating transactions when staking the cryptocurrency.
This change is expected to have a positive impact on the asset price because, ideally, it should bring more security to the investor, reduce energy costs and facilitate blockchain scaling.
“I see Ethereum, including, in the next few months getting very close to the Bitcoin market cap … I think this is a trend that will happen”, comments the analyst.
In addition, among other promising cryptocurrencies, “a second good prospect that we can assess for this year still plays to earn games . We will have a very large inflow of capital into them”, concludes Medeiros.
What are the main cryptocurrencies on the market?
Among the thousands of cryptocurrencies listed on the market, few of them stand out among the majority. Clearly, at the moment, the crypto asset that has the most relevance is the pioneer Bitcoin (BTC), which has more than BRL 3 trillion in market capitalization. Then comes Ethereum (ETH) skyrocketing in relation to the others, with a trading volume of more than BRL 1 trillion.
However, in this first quarter, the performance was not good for crypto assets: Bitcoin lost 9.66%, and Ethereum 16.11%.
Rubens Neistein, business country manager at CoinPayments and partner at Blockmaster Brasil, believes that both cryptocurrencies “in the short term will still suffer volatility due to the global scenario”, which is still suffering from the consequences of the war in Ukraine.
Which Cryptocurrencies to Avoid in 2022?
For Medeiros, “mostly, the investor needs to avoid coins that survive on hype, which do not have a purpose”. He cites Dogecoin, Shiba Inu, and other meme-pegged cryptos.
“Another asset class people need to avoid is games that promise high returns,” he adds.
How is the cryptocurrency market?
As the most recent survey by North American exchange Gemini points out, nearly half of all cryptocurrency owners in the United States, Latin America, and the Asia-Pacific region bought the assets for the first time in 2021 alone.
But not only that. According to the survey carried out by asset manager Hashdex, Brazil recorded a 1,266% growth in the number of investors allocated to crypto-asset funds and ETFs in 2021 compared to the previous year. The number of investors in this type of application rose from 30,000 in 2020 to more than 410,000 last year.
SkyExchange Bet Login: Unveiling the World of Online Betting
In the ever-changing realm of online betting, SkyExchange Bet Login stands out as a safe and engaging hub for gamblers all around the world. Bettors like it because of its user-friendly design, wide variety of betting options, and dedication to safety. Learning how to log in to SkyExchange is the first step towards entering the exciting world of online betting.
SkyExchange Bet Login: An Overview
SkyExchange makes it easy to access your account. Having a strong login name and password will make betting not only enjoyable but also risk-free. The platform understands the value of simple account access and has designed its infrastructure to accommodate users of all expertise levels.
Creating Your SkyExchange Account
SkyExchange requires you to sign up for an account before you can begin placing bets. The process is easy and entails supplying proper information to guarantee a pleasant encounter. Be sure to check your information for accuracy to avoid login problems in the future.
Navigating the SkyExchange Platform
Once logged in, you’ll discover a well-designed platform with a straightforward interface. The platform’s user-friendly features, including as simple navigation between markets and games, improve the betting experience as a whole. Whether you’re a seasoned gambler or just starting out, familiarizing yourself with the layout will help you get about much faster.
Understanding SkyExchange Betting Options
SkyExchange offers a wide variety of wagering opportunities, from the most popular sports to thrilling casino games. You can better examine your options and identify the markets that interest you if you have a firm grasp on the variety at your disposal. Get in on the action in the bustling casino area or explore the world of sports betting.
Promotions and Bonuses
SkyExchange provides its customers with alluring discounts and freebies. The website provides incentives to bettors in the form of welcome bonuses and continuous promotions. Don’t pass up the chance to increase your earnings and pleasure while using SkyExchange by not taking use of these features.
Ensuring Security on SkyExchange
SkyExchange takes security very seriously. There are further precautions you may take as a user to protect your account. Simple yet effective steps you may take to strengthen the security of your account include switching on two-factor authentication and changing your password often.
Making Deposits and Withdrawals
SkyExchange’s monetary transactions are completely hassle-free. The platform’s compatibility with a wide range of payment options gives consumers considerable leeway. SkyExchange provides a safe and easy way to fund your betting account and collect any wins you may have accrued.
SkyExchange Mobile App
It provides a mobile app for people who want to gamble on the move. The software simplifies the process of placing bets and watching sports, allowing users to do so from any location. SkyExchange allows you the convenience of mobile wagering.
SkyExchange’s customer assistance is available whenever you have problems or queries. Live chat and email are only two of the several support options on this platform. If you have questions or run into trouble when betting, don’t be shy about asking for help.
Tips for Successful Betting on SkyExchange
Strategic techniques to betting on SkyExchange can increase your chances of winning. Responsible gaming also guarantees a fair and exciting time without any needless dangers.
User Reviews and Testimonials
Want to know what other people think about SkyExchange? Users’ good feedback is reflected in the platform’s prominent display of testimonials and reviews. Join the community and share your own experiences as you discover the world of online betting.
SkyExchange vs. Competitors
SkyExchange stands out from the crowd of online betting platforms because to its innovative design and focus on the customer. Take into account the benefits and features of the platform as a whole. SkyExchange may be the ideal platform for you if you want your betting experience to be tailored to your specific tastes.
Legal and Regulatory Compliance
It’s crucial to find a betting platform that complies to legal and regulatory regulations. SkyExchange abides by all applicable laws and regulations, providing its users with a safe and secure platform. If you’re looking for a safe and reliable betting experience, go no further than a licenced platform.
SkyExchange, in conclusion, provides a fascinating look into the exciting world of online gambling. The site is designed with both novice and seasoned gamblers in mind, from the simple login process to the wide variety of betting possibilities. SkyExchange is an excellent online betting platform with many unique features to discover. Please gamble responsibly and enjoy the ride!
Is SkyExchange a safe platform for betting?
SkyExchange does, in fact, put customer safety first and follows all applicable laws and regulations.
How can I contact SkyExchange’s customer support?
SkyExchange’s customer service is accessible via a number of different mediums, including as live chat and email.
What types of bonuses does SkyExchange offer?
SkyExchange provides numerous perks, including welcome bonuses and continuous promotions.
Can I use the SkyExchange mobile app on both Android and iOS devices?
The SkyExchange software may be downloaded on both Android and iOS devices.
Are there any tips for successful betting on SkyExchange?
The key to being successful on SkyExchange is, indeed, implementing smart techniques and engaging in ethical gambling.
Blockchain Technology Course: Education Programs
The way businesses are run around the world is rapidly evolving because to blockchain technology. This course (check out the website) is ideal for developers and IT pros who want to learn about the ways in which blockchain technology is changing the face of business and the possibilities it presents for streamlining processes and creating new ones.
This introductory lesson is available for free and with minimal effort on YouTube. Blockchain solutions, networks, ecosystems, and innovations are explored in depth, along with their historical context and potential applications.
Blockchain Technology Course Basics
Blockchains are public, distributed ledgers that allow users to trust each other and validate transactions across the network. Learn about cryptography and the Bitcoin blockchain protocol as they relate to this emerging technology in this introductory course. You will learn about the inner workings of the blockchain system and its defining characteristics like immutability and transparency.
This blockchain technology course will teach you how to use blockchain technology to uncover new opportunities for your organization. Opportunity analysis in the blockchain is another skill you may pick up from this course. You may access it from anywhere at any time, and it will let you learn at your own pace.
In-depth knowledge of the many blockchain solutions, networks, and ecosystems is yours for the taking in this professional course. It will also assist you in becoming an expert user of Bitcoin and Ethereum, two of the most prominent blockchain systems. It also discusses crypto economics, consensus techniques other than Bitcoin’s proof-of-work, and blockchain applications at the enterprise level. A course for those with some prior experience. Having some familiarity with computer programming is a plus.
Blockchain was initially developed to facilitate digital currencies like Bitcoin, but it is now also being heralded for its potential to disrupt entire markets. It’s a brilliant piece of technology that makes it possible to exchange digital data without worrying about a leak in security.
Technology managers and developers who are interested in learning more about the inner workings of blockchain technologies can benefit from this course delivered by a seasoned tech professional. Cryptography, hash functions, consensus techniques, blockchain platforms, and designs are all covered in depth.
This six-week course from MIT Sloan explores the blockchain from an economic standpoint. It’s perfect for business owners interested in incorporating blockchain into their operations, as well as executives from other fields who want to learn more about the technology’s potential impact. A shareable LinkedIn Learning certificate is awarded to students upon course completion.
Blockchain technology is a new area with considerable room for development. However, proper precautions must be taken before introducing such advanced technology. In the quickly evolving blockchain industry, this is especially true. Leaders in the blockchain industry must be aware of the special security concerns that arise with this disruptive technology.
This course is an introduction to the cryptographic techniques behind blockchains and other distributed ledgers. The discussion then shifts to more complex uses of blockchains, such as smart contracts.
This course goes beyond the fundamentals of blockchain technology and is aimed at company executives and managers. An MIT professor and crypto economics expert curated this course to help businesses use blockchain technology to increase productivity and creativity.
Blockchain Technology Course Future
Blockchain technology is not limited to just digital currencies; it has many other potential uses, such as tracking inventory or facilitating private financial transactions. It can be used for elections, food production tracking, and even digital identity monitoring.
Students will learn the fundamentals of blockchain technology and its potential applications in a variety of contexts. Building a solid foundation in coding, design, and architecture, as well as the ability to leverage a variety of platforms to create scalable and secure corporate applications, is another benefit.
This course is intended for businesspeople from a variety of fields who want to learn more about blockchain and its potential applications in the workplace. It is provided by a consortium of top universities throughout the world, giving students access to both cutting-edge knowledge and practical experience in their chosen fields. This course is offered in an online format, making it convenient for busy professionals to study whenever it fits into their schedule.
5 Tips for Trading Altcoins on the Bitcoin Exchange Marketplaces
This is a list of five tips that can help you trade cryptocurrency on the Bitcoin Exchange Marketplaces.
- Use Limit Orders to Protect Your Bitcoin
- Be Patient and Wait for the Right Time to Sell/Buy Altcoins
- Do Research Before Trading Altcoins
- Always Keep an Eye on the Market
- Be Careful When You Trade with Other People
What is a Cryptocurrency Exchange?
Cryptocurrency is a digital currency that is decentralized and that is not controlled by any central authority. Cryptocurrency exchanges are the platforms where people can buy, sell, and trade cryptocurrencies like Bitcoin. There are two types: centralized and decentralized exchanges. A centralized exchange is an online platform that matches buyers and sellers in order to facilitate transactions in cryptocurrencies. A decentralized exchange uses blockchain technology to operate without a central server or administrator.
Tips for Buying & Applying for Crypto Exchanges
Crypto exchanges are a new type of market that has been gaining popularity in the past few years. In this article, we will discuss some tips for buying and applying for crypto exchanges.
- Look at the exchange’s volume and trade volume in USD (like MANA to USD). If the exchange has a low volume, it is likely that it would be volatile and difficult to trade with. It is also important to look at how many coins are listed on the exchange before you decide to buy.
- Look at their trading fees, as well as any bonuses or discounts they offer.
- Check out their whitepaper or website to view their team members and advisors.
- Read through their terms of service agreement before you sign up so you know what they require from you (ex: KYC/AML requirements).
Why Do We Trade on Bitcoin Exchanges?
Bitcoin is a digital currency that is not controlled by any central authority. It was created in 2008 as an alternative to the traditional banking system and it has since been adopted by many people around the world. The basic idea behind Bitcoin is to provide a decentralized peer-to-peer payment network that does not require intermediaries such as banks or credit card companies. Bitcoin transactions are recorded in a public ledger called the blockchain, which can be viewed by anyone.
Many people have speculated on why there has been such an increase in the popularity of Bitcoin News, with some claiming that it is because of its anonymity and lack of government control over the monetary system. Others point out that this currency can be used as a hedge against inflation or political turmoil. So why do we trade on Bitcoin News exchanges? Well, there are many reasons for this, including: The opportunity to gain profits from fluctuations in price The ability to buy bitcoin anonymously The chance for quick returns when trading other cryptocurrencies.
Crypto exchanges vs. fiat currency exchanges
The US dollar is the most widely used currency in the world, but it has been losing popularity in recent years. Cryptocurrencies have started gaining a lot of traction as a new form of digital money that is becoming more accepted. Crypto exchanges are platforms that allow people to trade cryptocurrencies for traditional currencies like the US dollar, for example FLUX to USD. Fiat currency exchanges are platforms that allow people to trade traditional currencies for cryptocurrencies.
Fiat currency exchanges have been around since the early 80s and they have become popular because they offer liquidity and stability. They also help protect consumers from fluctuations in cryptocurrency price fluctuations by offering fiat currencies with low volatility rates. Crypto exchanges on the other hand offer a decentralized market where you can trade cryptocurrencies without third-party intervention and they don’t charge any fees when you use them to buy or sell cryptos.
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