The title of “hottest thing in the market” usually changes hands a lot.In the race to sit at the top of the industry, competition is expected to be fierce.Bitcoin (BTC) is sitting comfortably at the top and other cryptocurrencies like Solana (SOL) are trying to get as close as they can.Rocketize (JATO) seems to be on a hot streak and dominant cryptocurrencies like this do not show up often.Rocketize (JATO) has been dominating other meme coins and now it wants to target the major players in the crypto industry.Rocketize: The Hottest Thing In The Market Rocketize (JATO) might be a new player in the crypto market but it isn’t one to be overlooked.This BEP-20 token is no joke and thanks to the Binance Smart Chain (BSC), users can enjoy very fast transactions with very low transaction fees.Rocketize also has the “Atomic Nation”, its community which it is building to become the largest one in the crypto industry.
The Atomic Nation is the backbone of Rocketize (JATO) and with their help, Rocketize (JATO) might become unstoppable.Members of the Atomic Nation will also receive rewards because half of all taxes collected on fees will be shared among Rocketize (JATO) holders.This way, users can earn more passive income as the community grows and Rocketize (JATO) becomes more widely used.The other half of the fees will be burned and as more gets burned, it can help increase the prices of the Rocketize (JATO) token and earn users even more money.
Bitcoin: The Gift That Keeps On Giving Bitcoin (BTC) was the first cryptocurrency to be launched in what everyone now knows as the crypto industry.Users have Bitcoin to thank for all the advantages of Decentralized Finance (DeFi) and because it is the oldest, Bitcoin (BTC) has remained unrivaled on the top of the crypto market.The identity of Bitcoin’s (BTC) creator is still unknown and he goes by the alias, “Satoshi Nakamoto”.He gave the world the perfect payment system.
Being decentralized, Bitcoin (BTC) transactions do not require a third party, and users can perform very quick peer-to-peer transactions with very low fees.The creation of Bitcoin (BTC) also gave people an easy, cheap, and very fast way to perform international transactions.Bitcoin (BTC) gave a lot to its users and it still has a lot more to offer to anyone interested in hopping on the Bitcoin train.Solana: The Unstoppable Ethereum Killer Solana (SOL) became a member of the crypto industry in 2020 and was able to garner a lot of attention thanks to its stellar blockchain.The highly efficient and open-source Solana blockchain was built to help increase smart contract adoption.To achieve this, Solana employs a combination of the Proof-of-Stake (PoS) and Proof-of-History (PoH) consensuses.With this, it can handle up to 50,000 transactions every second.Solana (SOL) is also a direct rival to Ethereum (ETH) and it is one of the Ethereum Killers.
Its blockchain supports smart contracts, building Decentralized Applications (dApps), and it has also started taking Non-Fungible Token (NFT) lovers away from Ethereum.Anatoly Yakovenko, Solana’s creator, has built something special and the rate at which Solana (SOL) is growing proves that.Final Thoughts Rocketize (JATO) is more dominant than a lot of analysts expect and now it has new targets: Solana (SOL), and the king, Bitcoin (BTC).If Rocketize (JATO) can keep going like this, it could soon become the cryptocurrency others are trying to overthrow.
For more information on Rocketize (JATO), please visit the following links: Presale: https://rocketize.io/buy Website: http://rocketize.io Telegram: https://t.me/RocketizeTokenOfficial Disclaimer: The information provided in this article is solely the author’s opinion and not investment advice – it is provided for educational purposes only.By using this, you agree that the information does not constitute any investment or financial instructions.
Do conduct your own research and reach out to financial advisors before making any investment decisions.According to statistics, daily cryptocurrency trade volumes have dropped significantly during Dec.2022.On Jan.1, data shows that $22.95 billion was traded in the last 24 hours, compared to double that amount, $54.78 billion, two weeks earlier.On November 8, 2022, 54 days prior, amid the FTX collapse, global cryptocurrency trade volumes were approximately $115.33 billion.
Crypto Trade Volumes End 2022 46% Lower Than the Month Prior Cryptocurrency trade volumes worldwide have significantly declined since the beginning of the year.For example, on Jan.2, 2022, one year ago, the global trade volume for the 24-hour period was approximately $70.48 billion, according to archived coingecko.com statistics.Today’s 24-hour volume worldwide is 67.43% less at $22.95 billion.
In addition, 71.63% of all trades on Jan.1, 2023, were paired with the cryptocurrency economy’s stablecoins.While all the stablecoins today represent $16.44 billion in trade volume, tether (USDT) commands $12.45 billion, which equates to 71.63% of the aggregate on Jan.1, 2023.
Two weeks ago on Dec.15, the global trade volume was $54.78 billion and a good majority of those trades were in stablecoins as well.Cryptocurrency trade volumes have been declining since Jan.2022, with monthly spikes in May, Sept., and Nov.2022.
The November spike occurred amid the chaos surrounding FTX’s insolvency, and there were significantly higher daily trade volumes at that time.
Data from The Block’s crypto exchange volume (legitimate index) shows that Oct.2022 had $543.67 billion in volume, while Nov.
2022 saw an increase of approximately 23.79% to $673.01 billion.Now that Dec.2022 is over, statistics show that Dec.2022’s total volumes were around $357.48 billion, or 46.88% lower than the previous month.
The last time global cryptocurrency trade volumes were this low was two years ago in December 2020.At that time, global crypto trade volumes were 7.27% higher at $385.51 billion.Lower cryptocurrency trade volumes can have both positive and negative implications for investors.On one hand, low trade volume is often seen as a sign of a lack of interest in the crypto market, which could potentially indicate lower values.
On the other hand, low trade volume can sometimes be interpreted as a bullish sign for the cryptocurrency economy, as it may suggest limited selling pressure.Tags in this story 2022, 24 hours, 24-hour period, aggregate, Bullish, coingecko.com, Crypto, Crypto Exchange Volume, crypto trade volumes, Cryptocurrency, cryptocurrency trade volumes, daily trade volumes, data, December, December 2020, decline, FTX insolvency, Global, implications, Investors, Jan.1, lack of interest, limited selling pressure, lower values, May, monthly spikes, November, November 8, September, Stablecoins, Tether, Trade Volumes, USDT What do you think about the decline in crypto trade volumes during the last month of 2022? Let us know your thoughts about this subject in the comments section below.Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida.
Redman has been an active member of the cryptocurrency community since 2011.
He has a passion for Bitcoin, open-source code, and decentralized applications.Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.Image Credits: Shutterstock, Pixabay, Wiki Commons Disclaimer: This article is for informational purposes only.
It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies.Bitcoin.com does not provide investment, tax, legal, or accounting advice.
Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.Cryptocurrencies Top 10 Coins For Long Term: All-Time Favorite Crypto Of Big Investors Just like the stock market, the cryptocurrency market is equally risky and lucrative.
However, what draws the attention of investors is the kind of returns that one gets to enjoy.Irrespective of being a new investor or someone who has just started dipping toes in the fledgling new breed of currency, check this list of top 10 coins for long term returns.Bitcoin The list of the best cryptocurrencies to buy starting with Bitcoin comes as no big surprise.Despite being volatile and having to deal with regulatory crack-downs by several governments across the globe, what makes Bitcoin worth investing in is its wide acceptance and growing popularity across the globe.So, if you are wondering whether investing in Bitcoin is worth it, well it indeed is, without a doubt.Ethereum The second largest cryptocurrency by market capitalization has seen a massive surge in its value over the course of time – as high as about 800% in the last one year.The role played by this cryptocurrency in expanding decentralized finance (DeFi) is worth a mention for it turns out to be the major reason as to why Ethereum is widely accepted and heavily invested.Polygon Polygon is an Ethereum-compatible blockchain interoperability and scaling platform that serves to be a framework for creating blockchain networks that are interlinked.
Polygon deserves every bit of your attention for the fact that it has evolved to the extent that some of Ethereum’s major shortcomings, such as throughput, delayed transactions, and lack of community control are overcome in the best possible manner.Also, this being economically priced, it is bound to grab eyeballs from everywhere around.With that being said, should there be any second thought as to why investing in Polygon is worth it all? Dogecoin Who knew this meme coin, which was created in 2013, to become legit, let alone be included in the top list of cryptocurrencies? Dogecoin makes it into the list of the most economical cryptocurrencies to purchase in the year 2021.The kind of returns this meme coin has fetched for investors in barely a few months is just phenomenal.Well, 8000 percent return in a matter of a few months is insane, isn’t it? In addition to this, Dogecoin is also one of the cryptocurrencies that many analysts consider to be a viable investment option.Binance coin Binance coin grabs attention by virtue of the Binance cryptocurrency exchange wherein it is used to trade as well as to pay fees.The Binance Exchange holds the record of being the world’s largest cryptocurrency exchange with over 1.4 million transactions per second as on April 2021.Since Binance coin stands the potential to come up with new and unique development in the days that lie ahead, investing in it wouldn’t go in vain.
Polkadot Polkadot is yet another cryptocurrency that won’t disappoint you at all if you are looking for decent returns.Its very ability to seamlessly connect all heterogeneous blockchain networks is the reason why there are hundreds of projects being built on the Polkadot ecosystem.Cardano Cardano is that one digital currency that has seen an impressive growth in its value over a period of time.The fact that Cardano cuts down the transaction time and energy consumption deserves a special mention.Solana Solana, that works with a blend of proof-of-stake and proof-of-history mechanisms, has fetched huge returns for the investors.Be it decentralized finance (DeFi), decentralized apps (DApps) or smart contracts, Solana has got you covered.So, you now know how good of an investment this is, right? Tether Well, this stable cryptocurrency needs no special mention as it has made it a point to be a go-to cryptocurrency for those investors who aren’t willing to take much risk.Undoubtedly, a lot of cryptocurrency investors are inclined towards it.
Polkadot Polkadot is yet another cryptocurrency that won’t disappoint you at all if you are looking for decent returns.Its very ability to seamlessly connect all heterogeneous blockchain networks is the reason why there are hundreds of projects being built on the Polkadot ecosystem.
Cardano Cardano is that one digital currency that has seen an impressive growth in its value over a period of time.The fact that Cardano cuts down the transaction time and energy consumption deserves a special mention.
Solana Solana, that works with a blend of proof-of-stake and proof-of-history mechanisms, has fetched huge returns for the investors.Be it decentralized finance (DeFi), decentralized apps (DApps) or smart contracts, Solana has got you covered.So, you now know how good of an investment this is, right? Tether Well, this stable cryptocurrency needs no special mention as it has made it a point to be a go-to cryptocurrency for those investors who aren’t willing to take much risk.Undoubtedly, a lot of cryptocurrency investors are inclined towards it.The post Top 10 Coins for Long Term: All-Time Favorite Crypto of Big Investors appeared first on Analytics Insight.
Decentraland (MANA), the cryptocurrency launched in 2020 by Ariel Meilich and Esteban Ordano, failed to take advantage of some of the positive developments that happened within its ecosystem this year as it closes 2022 in a “beaten” state.Over the last 12 months, the digital coin has shed 91% of its value, failing to recover from the massive price dumps it experienced triggered by the a series of unfortunate events that plagued the crypto space and the growing uncertainty in the market.According to latest tracking from Coingecko, at the time of writing, the digital token is changing hands at $0.2941 and has lost 10.3% of its value during the past seven days.
The last 30 days have been rocky for Decentraland as well, as the altcoin ended up depreciating in value by 27.3%.This really is unfortunate, considering the crypto’s ecosystem has been making impressive progress in the NFT realm.Decentraland: 440% Growth In Minted NFTs The metaverse-based gaming platform seemed to have focused most of its attention to the non-fungible token (NFT) space this year, as evidenced by its incredible performance pertaining to the industry.In its yearend performance report, Decentraland disclosed that for the year 2022, there were 2.7 million unique NFTs that have been released on its platform.
With such a figure, on a year-over-year (YoY) basis, the project enjoyed a 440% increase in the volume of NFT assets minted on its network.Decentraland was also proud to announce that it will end 2022 with a unique active user count of 1 million after it tallied a 13% jump in that particular department over the last 12 months.Moreover, the project also managed to grow its sales volume by 510% during the same time period after it sold 143,900 wearable NFTs.
However, even with this superlative showing, Decentraland’s MANA failed to catch a break from its bearish streak.
Crypto total market cap at $755 billion on the daily chart | Chart: TradingView.com What MANA Holders Can Expect In 2023 There’s a bit of good news for holders of the Decentraland altcoin as Coincodex predicts a possible increase in value in the coming days.According to the online cryptocurrency information provider, over the next five days, the digital asset’s trading price is expected to rise by more than 2% and will change hands at a value of $0.2977.Meanwhile, 30 days from now, the crypto is expected to hit and surpass the $0.30 mark once again as it is expected to trade at $0.3305.If these forecasts translate into reality, MANA holders and investors could finally find a little breathing room to take a break from the challenging landscape of crypto industry today.
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