Monday, October 31, 2022

Calvaria Crypto Game Raises $900,000 in Presale – How to Buy?

 New crypto gaming project Calvaria has now raised nearly $1 million in its presale after attracting a slew of investors in the last week.

The project, which is currently in stage 3 of its 10-stage presale, is gathering a huge amount of buzz in the crypto space given its unique solution to solving two major issues of blockchain gaming.

While the huge potential of GameFi is undeniable, the space has continued to struggle to attract regular gamers.

The likes of Decentraland and The Sandbox may command market caps of more than $1 billion each, they had just 20,000 combined players in October, according to DappRadar.

Calvaria to Solve Two Major GameFi Issues

Calvaria aims to solve two of the biggest issues in the GameFi space by making its flagship game - Duels of Eternity - not only available as a play-to-earn (P2E) game but as a free-to-play (F2P) version.

The developers believe that traditional and casual gamers have been put off by crypto games in the past because of the large initial outlay and technical knowledge needed to even play the game. 

Players generally need to purchase NFTs and have knowledge of blockchain tech such as crypto wallets to even play games.

Calvaria believes the F2P version of Duels of Eternity will entice gamers into blockchain gaming more naturally.

First, there will be a visible tracker that shows how much players could have earned had they been playing the P2E mode over the F2P one.

There will also be gamified quests where players are rewarded for learning about blockchain technology and the space in general.

For more information on the project, read through the full Calvaria whitepaper and join the Telegram group.

Visit Calvaria Presale Now

What is Duels of Eternity?

Duels of Eternity is a strategy card battle game that sees players face live opponents to win rewards, distributed in crypto tokens.

The game is set in the afterlife and features three warring factions battling for supremacy.

Each faction has unique traits and strengths and players will have to use their knowledge, skill, and timing - utilizing powerups - to beat their rivals.

Unlike other battle card games, Duels of Eternity also features a single-player campaign mode where players can earn cards and powerups that can be used in the player vs player mode.

Players can stack their decks with fully ownable cards as well as scour the secondary market to buy, and sell their decks to improve.

Calvaria Presale Details

Calvaria is currently in the third of its 10-stage presale and has seen a huge increase in investment in the last week.

The native RIA token - which will be tradeable on exchanges and used for governance decisions in the ecosystem - is currently on sale for $0.02 each.

Another token, eRIA, will exist for in-game purchases and for the distribution of rewards to match and tournament winners.

By the final stage, tokens will sell for $0.055 each - a 450% increase from stage 1 tokens, which sold at $0.01 each.

A total of 300 million of the max supply will be sold during the presale phase, with no vesting period on presale tokens.

The remaining tokens will be split between the staking pool (25%), prize pool (20%), operations (8%), INO (6%), team (5%), liquidity (4%), and advisors (2%).

Visit Calvaria Presale Now

How to buy Calvaria in Presale

Below is a brief summary on how to buy RIA tokens.

For more detailed steps, read through our full guide on how to buy Calvaria.

Step 1: Download Crypto Wallet and Connect

Investors will need a MetaMask (desktop) or Trust Wallet (mobile) wallet to complete a purchase of Calvaria.

After downloading one of the apps and completing the sign up process, visit the Calvaria website and click 'Buy Now' and then 'Connect Wallet'.

Step 2: Acquire ETH or USDT

Next, investors will need ETH or USDT in their wallets as RIA cannot be bought directly with fiat currency.

One option is to buy ETH or USDT on another exchange and transfer it to the wallet.

However, it is easier to buy ETH directly on the Calvaria website, through third-party app Changelly.

The platform will convert credit card payments to ETH, for a small fee.

Step 3: Buy RIA Tokens and Claim.

After acquiring one of the tokens, select how much RIA you would like to purchase.

Note there is a minimum purchase of 1,000 RIA and there will be a small Ethereum transaction (gas) fee applied before the transaction is complete.

Finally, once the transaction is complete, tokens will need to be claimed.

They will be stored on the Calvaria website until all presale stages are sold out.

Sunday, October 30, 2022

Teleport Creators Raise $9M to Build Decentralized Uber Rival on Solana

 DEC, maker of The Rideshare Protocol (TRIP), has raised $9 million in seed funding to power the decentralized Uber rival. It’s not a new concept—Ethereum co-creator Vitalik Buterin theorized it years ago, and other startups have attempted to create a decentralized ridesharing service. But now the Decentralized Engineering Corporation (DEC) thinks it has the right model.


DEC announced today that it has raised $9 million in seed funding to build out The Rideshare Protocol, or TRIP, which is designed to power ridesharing apps from a variety of future companies. They’ll all share the same core technology to connect drivers with riders, and DEC is building Teleport as the first application to prove out the framework. The seed round was co-led by Foundation Capital and Road Capital, with participation from Thursday Ventures, 6th Man Ventures, 305 Ventures, and Common Metal.

Bitcoin Price and Ethereum Prediction – BTC to Hit $23,000 Soon?

 During the Asian session, the Bitcoin price is trading near $20,480, struggling below the 61.8% Fibonacci retracement level of $21,000. Similarly, Ethereum has plunged over 2% to $1,579.

Early on October 31, major cryptocurrencies were trading in the red. However, the global crypto market cap is still above $1 trillion, with a trading volume of $72 billion, down from $91 billion.

This week, investors' major focus will stay on the US Federal Reserve monetary policy, which is coming out on November 3. 

Top Altcoin Gainers and Losers

The top performers in the last 24 hours were Chiliz (CHZ)Algorand (ALGO), and The Sandbox (SAND).

The price of CHZ has increased by more than 15% to $0.2298, while the price of The Sandbox (SAND) has increased by nearly 10% to $0.89.

At the same time, ALGO has increased by more than 7% to $0.36.

Top Altcoin Gainers and Losers - Source: Coin360 

Shiba Inu (SHIB) fell more than 7% this week to $0.000012, while Lido DAO (LDO) fell more than 8% to around $1.5.

Professor Steve Hanke: US Economy Was Flat Last Year, but ‘It's Going to Hit South'

Johns Hopkins University professor of applied economics Steve Hanke predicts a "quite big recession" in 2023 due to the economy's current state of disarray, which is characterized by central bank interventions, supply chain problems, and soaring inflation.

On October 28th, in an interview, Hanke indicated that he now gives a 90% risk of a US recession, because he feels the money supply has tightened at an "unprecedented" rate.

Johns Hopkins University's applied economics professor continued:

We had the money supply being goosed in early 2020, when COVID hit, we had the money supply growing, on average, about three times faster than it should have been growing to hit a 2% inflation target. As a result, we had a lot of inflation.

High Rate of US Inflation

A problem for the United States is its high rate of inflation. The price index for personal consumption expenditures (PCE), the primary inflation indicator used by the Federal Reserve, rose 0.5% in September.

Plus, according to the CPI report for September, prices for common goods and services increased by 8.2%.

Professor of economics Hanke emphasized the importance of the topic of quantitative tightening during an interview.

Fed to Hike Rate by 75 bps

The volatility and price action in the cryptocurrency market depend highly on the US Federal Reserve policy rate. We will know more by the end of the week as to whether we are at the beginning of the end or the end of the beginning of the efforts by the major central banks to tame blazing inflation rates.

This week's monetary policy meetings will see rate hikes from the Reserve Bank of Australia, the US Federal Reserve, and the Bank of England. What they might say about future rate hikes is more interesting than by how much they would raise rates in the near future.

The Federal Reserve is expected to raise the federal funds rate by 75 basis points, but market participants will be more interested in hearing whether Chairman Jerome Powell will signal a smaller increase of 50 basis points in December or maintain the hawkish tone he has displayed in previous comments.

There has been a slight turnaround in financial markets as a result of the Fed's softer tone in recent weeks.

Despite a severe sell-off in the big technology stocks, the US stock market is up about 9% in the past two weeks. The cryptocurrency market is supported by the positive correlation between stocks and cryptocurrency.

Bitcoin Price 

The current Bitcoin price is $20,530, and the 24-hour trading volume is $32 billion. Bitcoin has surged over 5% in the last seven days. CoinMarketCap currently ranks first, with a live market cap of $393 billion, down from $400 billion on Sunday.

Bitcoin Price & Tokenomics - Source: coinmarketcap

The BTC/USD pair is currently consolidating in a broad trading range of $20,000 to $21,000, which is spanned by Fibonacci retracement levels ranging from 38.2% to 61.8%. However, the overall trading environment remains positive.

The RSI and MACD remain in the bullish zone, indicating that the upward trend is likely to continue. Furthermore, the 50-day moving average suggests buying above $19,700. 

As a result, a break of the 61.8% Fibo level ($21,000) could push the buying trend all the way to $21,900. If the current upward trend continues, Bitcoin could reach $22,500.

Bitcoin Price Chart - Source: Tradingview

On the negative side, Bitcoin's immediate support level remains near $20,250. Today, investors may look to buy if a bullish breakout of $21,000 occurs, and vice versa.

Ethereum Price 

Ethereum's current price is $1,583, with a 24-hour trading volume of $14 billion. In the last seven days, Ethereum has increased by more than 17%. CoinMarketCap is now ranked second, with a live market capitalization of $192 billion, down from $199 billion on Sunday.

Ethereum Price & Tokenomics - Source: coinmarketcap

On the technical side, Ether is consolidating in a narrow range of $1,545 to $1,650 level which is being extended by a 61.8% Fibonacci retracement tool. If the price of ETH exceeds $1,650, it might hit $1,700 or $1,810.

Ethereum Price Chart - Source: Tradingview

The RSI and MACD, leading technical indicators, still remain in the buying zone. As a result, the chances of a bullish bounce-off remain strong above $1,550. At the same time, support continues to stay at $1,404 today. 

New Crypto Presales

Aside from Bitcoin and Ethereum, other coins on presale are performing well and garnering attention. Dash 2 Trade, for example, is an Ethereum-based platform that seeks to give real-time analytics and social trading signals to its users; the amount generated thus far reflects a strong vote of confidence in the platform.

Following the presale, the network plans to launch its platform in the first quarter of 2023, with its D2T coin expected to be listed on numerous markets.

In less than a week, the Dash 2 Trade presale has raised over $3.4 million, putting it on course to become one of the year's largest token sales. The Dash 2 Trade presale is still going on; D2T tokens cost $0.05 USDT.

Saturday, October 29, 2022

Traders Predict These 7 Coins To Pump 10x After Dogecoin Price Explodes

 With the DOGE price hitting $0.10 today and BTC holding well around $20 - $21k, all eyes are on cryptocurrency - what's the best crypto to buy now?

Next Cryptocurrency to Explode

Here's a rundown of what some of the best crypto traders on Twitter are tipping to be the next tokens to pump for those that missed out on the Dogecoin price action.

Shiba Inu

As many would expect, once DOGE makes a move, SHIB often follows.

GCR (@GiganticRebirth), who has almost 300k followers across two Twitter accounts, posted yesterday from his second account:

1 DOGE is currently worth about 8000 SHIB. This is approaching two year highs on this ratio, which has historically been pretty sticky around ~5000. Fair odds we see a bit of mean reversion on this pair over the following month.

Gigantic Rebirth is known for accurately predicted the 2021 Bitcoin top and the 2022 bear market, then the collapse of UST and the former Terra (LUNA) months before its crash, winning a famous $10 million bet with Do Kwon.

New Crypto Presales

Once Dogecoin begins to consolidate, money could trickle down into low caps and brand new tokens set to launch in the coming months. 

Our resident CryptoNews analyst has researched three crypto presales running now.

Dash 2 Trade

Dash 2 Trade could appeal to traders looking for the next 10x - 100x as not only is its native token now in an early stage of its presale, the platform it is set to power is a new crypto analytics toolset.

D2T token can be purchased at Dash2trade.com.

Calvaria 

A play to earn game with fantasy themes, Calvaria's native coin RIA is also on presale and its game could be set to be the next Gods Unchained when it launches in 2023.

RIA token can be bought at Calvaria.io.

IMPT

Highlighted by both Jacob Bury and recently by Crypto Ahoy, IMPT token has already raised $11 million in its presale and aims to apply blockchain technology to the carbon offsetting industry.

IMPT token is on presale at impt.io.

Tamadoge

Earlier this month new crypto coin Tamadoge (TAMA) pumped almost 2,000% from around $0.01 to a high of $0.197.

Still with a low market cap of $24 million and now consolidating at support, TAMA may be one to watch with its Doge meme theme on top of added utility as the rewards token of an upcoming NFT-based crypto game.

TAMA is listed on OKX exchange and currently trading at $0.023, up 1.5% today.

SushiSwap

We reported on DonAlt and Jim Talbot, two of the best crypto traders and most widely followed account both posting bullish SUSHI price predictions.

Read more about that here. A move back to the all time high for SUSHI ($23) would be over a 10x move after its correction - currently trading at $1.7.

ApeCoin

Bored Ape NFTs have become a popular meme of sorts and Yuga Labs, recently valued at $5 billion, is not a company to fade.

Many top traders including @HackermanAce expect the native currency of the Otherside metaverse, APE, to perform well in the long term despite its recent retracement. 

The ApeCoin price will be back at its ATH ($28) after a 5.6x move from its current price (around $5).

Dogecoin Still Set to Pump?

Bluntz (@SmartContracter) also posted today that 'if you missed $DOGE, you still have a chance to hop in $SHIB with those who will buy it thinking they missed DOGE'. 

Notably however, he doesn't think DOGE is done just yet. 

Back on October 4th, he posted:

Doge/btc has the most insane looking high timeframe accumulation going on, i haven't seen something that looks like such clean accumulation like this in a long time.

i daresay revisiting this in a years time $doge will be a lot higher than $0.065.

He added to that today, even with the Dogecoin price over $0.10: 'The biggest risk that you face right now is not having enough $DOGE'.

Bluntz is known for predicting the 2018 Bitcoin bear market bottom, six months before it was hit, as '$3,200 with a leeway of $200 either side'. He was around $40 off.

A 10x for Dogecoin from its current level would put DOGE at $1. Its current ATH is $0.74 hit back in May 2021 when Elon Musk appeared on Saturday Night Live.

While no one can predict exactly how high DOGE will go, cryptocurrencies will be receiving a lot of attention with long-time crypto proponent Elon Musk at the helm of Twitter.

Dogecoin Price Prediction- Can Musk Twitter Takeover Pump DOGE to $1?

 

Dogecoin price continues to reward investors amid an Elon Musk-triggered rally. As reported on Friday, the largest meme coin surpassed the forecasted target at $0.1000. If the attention DOGE is getting spills into the new week, investors can acclimatize to Dogecoin price tagging of $1.0000.

What Does Musk Twitter Deal Mean for Dogecoin Price?

The world's wealthiest man is now at the helm of the microblogging platform Twitter. Elon Musk completed his $44 billion bid on Twitter late Thursday and immediately took over from the ongoing CEO, Parag Agrawal. Two more top executives were shown the door, including the company's CFO, Ned Segal and the head of legal, Vijaya Gadde.

Musk's Twitter takeover has taken many turns and twists since he first mentioned it in April. The following months saw the billionaire try to back out of the deal, but Twitter sued him to compel him to allow the deal to sail through.

Meanwhile, Dogecoin price is up 80% over the last seven days amid a rally ignited by the business magnate, who doubles up as the CEO of Tesla – the world's largest electric vehicle manufacturer.

Musk's association with Dogecoin has frequently caused a stir, with the price soaring to new levels. Musk's tweets mentioning Dogecoin have, in the past, acted as a bullish trigger for Dogecoin price.

Now analysts believe that the Dogecoin rally could be sustainable and expect the meme coin to push past its record high at $0.7315 for a maiden run to $1.0000.

Nevertheless, the Dogecoin price must secure higher support, preferably above $0.1000. DOGE exchanges hands at $0.1140 at the time of writing.

 

DOGE/USD daily chart
DOGE/USD daily chart

Looking at the Moving Average Convergence Divergence (MACD) indicator, Dogecoin price has the potential to obliterate resistance at $0.1400 this weekend, in addition to another vivid buy signal presented when the 12-day Exponential Moving Average (EMA) (in red) flipped above the 26-day EMA.

Dogecoin's uptrend is also supported by positive trading volume, revealed by the On-Balance-Volume (OBV). According to this indicator, its trading volume has surpassed $11 billion. As long as this momentum behind Dogecoin price holds or even increases – investors can buckle up for a significant upswing eyeing $1.0000.

Key Factors Backing Dogecoin Price Rally

In the past few days, whales have thrown their support behind DOGE, scooping up millions of tokens. According to Dogecoin Whale Alert, one of the biggest wallets transferred approximately 28million DOGE worth around $32 million at the current exchange rate.

Although some large-volume investors purchased DOGE in droves just before its bullish trend reversal, the Dogecoin Whale Alert Twitter feed reveals its uptake has yet to slow. The whales' buying spree could easily achieve the forecasted move to $0.1400 before the new week look conservative. In other words, Dogecoin price has the potential to close in on $1.0000 this weekend.

Dogecoin's rally coincides with Dogechain releasing a new roadmap, a layer-2 scaling solution provider for DOGE's ecosystem. The announcement excited many people who wish to see Dogecoin's use cases grow. At the same time, Dogechian took the opportunity to launch a voting process that will focus on reducing Dogecoin supply by 80%.

Insight from on-chain data confirmed that investor sentiment had flipped positively, thus backing a sustainable rally. The IOMAP metric from IntoTheBlock directs our attention to the region between $0.1060 and $0.1094, where slightly over 5,000 addresses previously purchased 8.12 billion DOGE.

Dogecoin also faces significantly weakened seller congestion areas that could increase the probability of the price swinging to $1.0000.

 

Dogecoin IOMAP chart
Dogecoin IOMAP chart

3 Altcoins to Consider as Dogecoin Price Explodes

Although Dogecoin looks promising, investors must take portfolio diversification seriously, especially when new potentially bullish crypto projects are coming up.

All three tokens covered are not associated with big names like Elon Musk, which means they carry a low hype-related risk. Remember, Dogecoin jumped massively due to Musk's Tweets and mentions in 2021, only to retrace locking up investments.

Meet Dash 2 Trade – An Ethereum-based Crypto Analytics Platform

Dash 2 Trade is a crypto project designed to take your crypto trading to the next level. It will allow traders and investors to create and test trading strategies in real-time while considering the latest news and on-chain data.

D2T is the token powering the Dash 2 Trade network as it focuses on becoming a world-class crypto analytics platform. The goal is to equip users with as much actionable information and trading signals as possible to that they are confident while taking advantage of the opportunities in the market.

The presale for the D2T token is selling fast, with only 38 million tokens left for grabs. Live price data shows that $3.2 million of the expected $5.16 million has been raised. D2T now sells for 0.05 USDT, but this price will go up to $0.0513 in the next stage.

Visit Dash 2 Trade Now

IMPT – The Green Crypto

IMPT is a proof-of-stake (PoW) eco-coin promising 50x gains. It is considered the greenest cryptocurrency, ideal for ESG investors. IMPT is sustainable crypto that can save the world – way better than other PoS tokens like SolarCoin and Powerledger.

So far, its presale has raised over $11 million less than a month into the event. The team looks forward to raising $25 million by selling IMPT for $0.023 in stage two of the presale.

Visit IMPT Now

Calvaria – A P2P Game for All

Calvaria is a play-to-earn (P2P) video game that aims at removing entry requirements for players. The game stands out for allowing everyone to access it without the need to have any cryptocurrency – not even a wallet.

Players compete in tournaments while utilizing cards representing various characters, each of which has its own set of skills. The player's objective is to overcome opponents using sophisticated methods and tactics to obtain awards and other upgrades.

'Groundhog Day' in Crypto as Bitcoin Again Plunges Following New Record

The world's largest crypto briefly rose above $70,000 Friday, but immediately tumbled about 5% to below $67,000 It's deja vu all ove...