The world is changing drastically so is currency from coins to debit cards now it's time for cryptocurrency which completely changes the whole scenario. For some people, crypto is beneficial but others think it is less trustable it depends from person to person.
But now more people are started accepting crypto as currency as it has already shown a tremendous amount of profit in past years. Whether you accept it or not crypto changes the whole outlook.
CRYPTO SEASONALITY?
Crypto seasonality is showing the rise and fall of bitcoin over a set period which drastically affects the crypto market. Bitcoin plays a fundamental role in the crypto world as it is the very first of them all.
However, bitcoin is a volatile asset its value consistently rising and dropping at an enormous speed. As expected every four years its volatility makes it rise and crashes relatively at a given point in time. It provides investors a great opportunity to invest when the market crashes as low rates of bitcoin are available in the market.
IS CRYPTO SEASONALITY GOOD OR BAD?
Crypto seasonality good or bad depends from person to person or how you perceive it. If you are new to the crypto market with no experience for you it might be a beneficial time when the market crashes as prices of bitcoin are low as compared to peak times.
But if you are an experienced trader it might be a tough time as every four years bitcoin crashes its value which affects the investor's time so for some people it is not the best time for their trading. It has been seen in past years that bitcoin always rises back or regains its value due to demand and supply but at the end of the day, you can not take it as a guarantee.
DOES CRYPTO SEASONALITY AFFECT THE INVESTORS?
It has been seen in previous years that due to changes in the market or basically when bitcoin crashes many investors start investing in different altcoin alternatives for attaining profits but still altcoins are never predictable someday they may provide enormous profit and another day it may responsible for a big loss.
It's not only a single problem for investors there are rug pulls in the market, and exchanges can be hacked and also stolen by hackers which makes it hard for investors and especially for new ones. Regulatory policies are also not very sound in this market that's the reason why many people find it difficult to trust and invest.
SOLUTION FOR CRYPTO STORM
There are many solutions for the crypto storm but let's focus on one solution first, Have you heard of seasonal tokens this is a very good approach for investors who feel insecure while trading. It provides relief to investors as it is a safer tool as compared to traditional methods which are riskier as compared to seasonal ones.
Seasonal tokens are tokens that are built in such a way which it rises and falls over nine months. It is more likely attractive to investors who want to invest in a safer environment.
CONCLUSION
The emergence of the crypto market, lead to a change in the whole outlook of the economy. In past years no one ever thought that bitcoin prices will rise enormously but it prove us wrong. Now every country started looking at it as a great opportunity for investment and gaining some extra income to improve its economy.
For better investment opportunities we have to study crypto seasonality in a better way to keep our investment decisions safer and gain higher income.
Yes, there is a possibility that a blockchain can die and leave behind a lot of stress for people. Before you all over exaggerate, let us tell you that by the term death of a blockchain is the point when all the investors leave it and just a few of them remain. Blockchains, then, are fragile financial ecosystems of investors, validators, developers, users and many other people with their participation directly linked to the block chain token’s appreciation and success. The whole process works in a way that as soon as more participants get involved in it and the activity increases, coin values will also increase, which will result in attracting more users and creating a virtuous circle. However, on the other hand, if a blockchain’s token starts going down, everyone’s decision to support the chain changes with it. If the loss of value appears to be permanent, only a few investors will remain while everyone else will leave. That’s how a blockchain can end up dying
If we look back at the crypto market history then there are many such events that we can consider as the death of the blockchain. Just like the recent market crash, in which the Terra blockchain was the one that was the highly and negatively impacted one. After this market crash, Terra is considered as a dead blockchain. Reason?
Well, the reasons are several but to be clear and simple, the main reason behind it is that it went straight 100% down and now the majority of people don’t trust this blockchain. The millions of dollars of investments of a huge number of people drowned and they just went bankrupt just because of this market crash and now, there is very negative feedback regarding Terra. Terra’s co-founder, Do Kwon, is still attempting to revive the effort and come up with plan B. Even though the team behind Terra is trying hard and coming up with different restoration plans, there is still no chance that it can be back anytime in near future. So yes, we can simply state that Terra blockchain is dead for at least now.
After a blockchain dies…
Now, let’s talk about what happened afterwards.
After a blockchain dies, it can leave long lasting impacts on the whole crypto market. Not just the ones that invested in that particular blockchain will face the circumstances but the entire crypto investors will have to face the negative impacts due to the sudden change in overall market. When a particular crypto asset starts going down with such long jumps then people start panic trading and that affects the overall market. Just like it happens with Terra. To save Terra (LUNA) from going down, the co-founder of the blockchain sold bitcoins worth millions of dollars that turned down the BTC value and created panic among the BTC investors. The value of BTC is still not recovered just because of that. So, you all can imagine how the whole crypto market assets are depending on one another.
There is no prediction about the death of blockchain and it can happen to any chain out there however, the scars it leaves on the hearts of investors can stay there for years
Before we jump into this list it is important to know what meta verse coins are. When broken up, the term meta verse means a virtual world. Most of these coins are a result of various games that monetize the levels of the game with rewards of tokens or coins. To trade in these mete verse you must know the top metaverse coins by market cap.
Let us now get into the list of the top metaverse coins by market cap.
ApeCoin (APE) - Its price is 9.49 dollars. In the past twenty-four hours, its value has increased by 0.99% and in the past seven days, its value has decreased by 35.01%. Its market cap value right now is more than 2.70 billion dollars.
The Sandbox (SAND) - Its price is 1.85 dollars. In the past twenty-four hours, its value has increased by 2.05% and in the past seven days, its value has decreased by 14.72%. Its market cap value right now is more than 2.60 billion dollars.
Decentraland (MANA) - Its price is 1.20 dollars. In the past twenty-four hours, its value has increased by 2.73% and in the past seven days, its value has decreased by 20.31%. Its market cap value right now is more than 2.21 billion dollars.
Theta Network (THETA) - Its price is 1.90 dollars. In the past twenty-four hours, its value has increased by 5.01% and in the past seven days, its value has decreased by 18.62%. Its market cap value right now is more than 1.90 billion dollars.
Axie Infinity (AXS) - Its price is 26.71 dollars. In the past twenty-four hours, its value has decreased by 5.39% and in the past seven days, its value has decreased by 10.12%. Its market cap value right now is more than 1.62 billion dollars.
Stacks (STX) - Its price is 0.6996 dollars. In the past twenty-four hours, its value has increased by 0.73% and in the past seven days, its value has decreased by 25.02%. Its market cap value right now is more than 917.48 million dollars.
Enjin Coin (ENJ) - Its price is 0.8758 dollars. In the past twenty-four hours, its value has increased by 5.44 % and in the past seven days, its value has decreased by 18.79%. Its market cap value right now is more than 774.56 million dollars.
Ontology (ONT) - Its price is 0.3894 dollars. In the past twenty-four hours, its value has increased by 2.64% and in the past seven days, its value has decreased by 14.65%. Its market cap value right now is more than 340.13 million dollars.
WAX (WAXP) - Its price is 0.1571 dollars. In the past twenty-four hours, its value has increased by 2.04 % and in the past seven days, its value has decreased by 27.36%. Its market cap value right now is more than 310.46 million dollars.
Render Token (RNDR) - Its price is 1.19 dollars. In the past twenty-four hours, its value has increased by 4.65 % and in the past seven days, its value has decreased by 22.36%. Its market cap value right now is more than 301.85 million dollars.
With the metaverse's growing popularity and use, the crypto market has inevitably been introduced there. This article provides a list of top metaverse coins by market cap to help you trade. Also keep in mind, that these values are varying.
Cryptocurrency is a type of digital or virtual currency which follows the blockchain method of technology-which means that there is no central authority or a government that interferes with the transactions. It uses a decentralized system to record the transactions made are recorded through a decentralized manner. New units are also issued in the same decentralized way. It uses the cryptography method for security. This cryptography method of securing makes it nearly impossible for your account to get hacked or counterfeit. Cryptocurrency is a popularly demanded method of transaction these days and will only keep growing.
How is cryptocurrency profitable?
To understand the reasons why we should start investing in cryptocurrency, you need to know how is crypto profitable. Although risky, cryptocurrency can prove to be extremely profitable.
Surely, you ought to know about Bitcoin. Do you know what the original value of a Bitcoin was?
The original value of a Bitcoin was 0.0008 dollars. Today, its value stands to be 27, 850 dollars. Although this value fluctuates a little, it is sure to be profitable. The highest value of a Bitcoin was 30,063 dollars.
Reasons why we should start investing in cryptocurrency
As proven before with the exemplary example of Bitcoin, one of the main reasons why we should start investing in cryptocurrency is that it is very profitable. But that is not all. Cryptocurrency proves to be very advantageous and reliable.
As said before, cryptocurrency is a decentralized way of trading money, there is no involvement of a third party. Thus, it makes it possible for you to have secure transactions.
Inflation is the rate of increase in prices in a given period. Inflation decreases the value of certain currencies. This does not apply to cryptocurrencies as they are decentralized and have a cap (limit) on their market values.
A decentralized system of trading gives you total control over your assets. Governments and federal agencies have no control over your cryptocurrency.
As an investor, you must have a diverse portfolio. Cryptocurrencies are inflation-free and prove to be a smart investment as they stand to gain huge profits. This paints you as a risk-taking investor who tends to make smart choices.
In the long run, cryptocurrencies can prove to be beneficial as they generate handsome amounts of returns. You can base your retirement plans on crypto as they’re quite reliable and sure to give you access to a healthy and comfortable life.
One of the main advantages of cryptocurrency is that it cannot be printed. This protects you from the circulation of counterfeit assets.
The cryptocurrency trading market is open twenty-four hours a day. This makes it a flexible platform for traders and investors to arrange their trades at any part of the day which is best suited to them.
Bitcoin has served as an amazing example of what heights cryptocurrency can grow to. It has a huge potential to bring huge amounts of profits to its investors.
Crypto Currency is sure to provide you with a return larger than what you paid.
Time and again, cryptocurrency has proved to be a very reliable and valuable asset. It has already grown to levels beyond imagination. There is no telling how high cryptocurrency will rise in the years to come. Crypto Currency does not need you to invest huge amounts to start; even small amounts can be sufficient to get you started as you climb up the success ladder of cryptocurrency!
The breakdown of price of Terra's LUNA and algorithmic stablecoin TerraUSD (UST) has created a shock in the whole crypto market all around the globe. Many common people and financial backers experienced some serious misfortunes when $40 billion in LUNA and UST's price went down within a time span of a few days. Do Kwon, CEO of Terraform Labs, is surrounded by all the bitterness and also some legal issues started encompassing him. Looks like a lot of trouble is waiting for him and it's a difficult time of his life.
The crypto market experienced the first crypto bank run in history just recently when both Terra's LUNA and UST prices crashed, clearing out around $39.2 billion in market within a few days. UST, Terra's algorithmic stablecoin, experienced a de-peg, losing its $1 equality. Moreover, Terra's token LUNA dove from $77 to $0.000001 which was a very shocking experience for the investors.
While these things were going on, another news came out just recently that the US Securities and Exchange Commission found Terraform Lab's pioneer Do Kwon involved in some money laundering activities, getting the company in even more trouble.The agency has likewise started a probe into Terraform Labs' token Luna's unexpected crash
A South Korean news organization and the South Korean Television network had prior revealed that something seems very fishy at Terraform Labs however nobody paid attention to it and thus this situation that we all are facing right now occurred.
The Securities and Exchange Commission of the United States has allegedly uncovered proof of illegal activities against Do Kwon. The proof features 100 billion Won ( which is around $80 million) from the monthly expenses of the company that were distributed between numerous crypto wallets. The assets were moved a couple of months before Terra crashed.
Moreover, Do Kwon is under investigation by the Securities and Exchange Commission for purportedly disregarding the Securities Act by utilizing a blockchain service to make it simpler to get US securities through Terra.
Do Kwon apparently looks like he is avoiding these rumors as they simply add to the aggravation of every individual who has lost his investment. But the crypto market has turn out to be quite unforgiving since the Terra crash which brought about misfortunes worth $40 billion. Do Kwon and his team's mishandling has been called out by many crypto experts. However, the latest rumors about money withdrawal just before the crash has increased the mass probe towards him.
As per the Korean National Tax Service, Do Kwon is as of now being scrutinized for tax avoidance after LUNA and UST crashed due to a corporate and personal taxation rate of $78.4 million. Korean media's DigitalToday has acquired archives from the South Korean Supreme Court Registry Office that uncover Kwon chose to break down Terra's Seoul and Busan branches during its general meetings that took place on April 30. Following the decision of Do Kwon, the Busan branch was liquidated on May 4 and similarly the Seoul branch on May 5. So, let's just wait and watch how this case will turn out in the future.
