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Will Dogecoin get to $1 Dollar?
There have been numerous predictions from different quarters online that Dogecoin might hit the $1 price by 2025. Will this ever happen? No one really knows. However, it is simpler to make a more realistic prediction on whether the DOGE price will hit $1. Cryptocurrencies’ price movements have surprised many due to their unpredictability and high volatility. In the last decade, the value of crypto assets has toppled the $1 trillion mark with DOGE being among the market leaders in valuation. It would be wise to always remember that DOGE was founded as a Joke coin. Today, DOGE has minor uses other than a speculative asset and maybe a tipping…
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Ripple, The Cryptocurrency We Need To Watch Out For
Ripple cryptocurrency is denoted as XRP and was built as a global payments network. It has grown massively and is currently ranked as the 4th largest amongst its cryptocurrency peers. This is quite an achievement considering the thousands of cryptocurrencies in circulation to date. One of the key strengths of XRP is its underlying technologies. As a payment solution provider, Ripple has projected itself as a direct competitor to the global financial payment institutions in the money transfer and remittance business. The global payment systems have always been slow, bureaucratic, and expensive especially cross-border. Ripple saw this opportunity and came in with a promise to do it in a cheaper…
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Why Ethereum Needs To Be On Your Know List
Understanding Ethereum Ethereum, which is also known as Ether, positions itself as the second-largest cryptocurrency in the world in terms of valuation. This is mainly because of the important path it took since its inception. Ethereum network was started to act as a technological platform through which other decentralized solutions could ride. Over the years, Ether has gained greatly in value and is currently valued at over 4000 USD in 2021. Since its creation, Ether has been trailing bitcoin as the number two cryptocurrency in market valuation, a position that it has maintained to date. In 2021, Ether has appreciated by over 400% outpacing the market leader Bitcoin. This goes…
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Do You Really Need To Invest In Bitcoin?
Bitcoin has become one of the most valuable and lucrative financial assets to invest in over the past few years. Its foundation on the concept of offering an alternative to traditional money has caught the eyes of speculators and prospectors. These factors combined with media hype has caused massive demand from all kinds of investors including individuals, hedge funds and banks. Within the last decade, the price of bitcoin has skyrocketed and seems like there is no end to it. The biggest question on everybody’s mind is, what is the real value of bitcoin? Is it still worth it to acquire or is it a bubble awaiting to burst? There…
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SHIBA INU COIN (SHIB) Is Taking Over The World
Shiba Inu coin is the latest cryptocurrency to hit the market. Coined after the famous Japanese DOG Shiba Inu, SHIB was started in August 2020 as a crypto token for the DeFI community of Shiba Inu lovers. Through it, this community would assist in protecting and caring for the Shiba Inu dogs. SHIB belongs to the class of meme coins and is famously referred to as the “Dogecoin Killer”. Dogecoin Is the most accomplished meme coin to date. Creators of SHIB borrowed the Dogecoin concept and are now hoping it will outdo Doge’s success. Since its launch, SHIB has attracted a lot of attention from traders and celebrities. This attention…
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What You Need To Know About Non-Fungible Tokens
There has been a lot of conversations about Non- Fungible Tokens in recent days. However, the majority of the people are yet to understand why they have become so popular. In this article, I will be doing deep a deep dive into the whole concept of non-fungible tokens. To understand the NFT concept, you need to understand what fungibility is. In the financial world, fungibility means something that can be broken down into smaller pieces still maintaining the original value. A great example is money. You can break money down into small denominations notes/coins and still give the original value If you add them up. So, when we talk of…