It is no secret that cryptocurrencies have revolutionised the financial world. And now, we see more and more use cases of blockchain technology in the real world. This is why the decentralised finance (DeFi) industry is booming. 

One such inventive project in the DeFi world is Altair crypto. It is a network that allows the financing of real-world assets through a decentralised blockchain, Centrifuge. Through Altair, you can tokenise any of your assets and can easily finance them. 

If all these terms sound complex, this guide will break down the Altair network for you. 
Let’s get you started!

## How does the Altair network work?

[The Centrifuge](https://centrifuge.io/) has shaped the Altair crypto network, which works the same way Kusama works for Polkadot. Like Kusama, Altair is also set up on the Substrate blockchain framework for scalability. Altair can assist you in financing your assets, whether they are digital or real-world assets (RWA).

Altair works as a link between different ecosystems like [Ethereum](/coins/eth), Polkadot, and Kusama. That’s why it allows you to acquire financing from anywhere. To gain financing access, you must use a DApp, Tinlake. Currently, it is limited to only these ecosystems but has the scalability to link with more.

## What is Altair crypto token AIR?

The Altair network also has a native token called Altair crypto (AIR). It is an ERC20 token that you can use as a utility token within the network. You can easily buy Altair crypto through the Kraken or Gate.io exchanges. 

Here are some advantages of holding AIR tokens:

●	It facilitates transactions within the system.

●	Gives you voting rights for the governance of the network.

●	You can earn through its reward program.

●	Ensures secure and transparent transactions while protecting identity.

## Altair crypto price prediction

According to [CoinMarketCap](https://coinmarketcap.com/currencies/altair/), the Altair crypto token’s current price is $0.01544. On the other hand, it might reach up to $0.037 by 2023 as per the data by PricePrediction.net. Moreover, even by 2025, the token is unlikely to go bullish and will only average around $0.083. Besides, the forecast by DigitalCoinPrice.com shows further slower growth of the coin. It suggests that AIR token price will only be worth $0.0663 by 2030.  

## Final Thoughts

Altair crypto is a utility token in the Altair network which assists in tokenising both; RWA and digital assets. Through Altair, you can get financing for your assets from Ethereum, Kusama, or Polkadot ecosystems. Though AIR facilitates all the network transactions, its price is currently only $0.01544. Nevertheless, it is a scalable network, so you can expect more blockchains to join Altair at a higher price in the future.




Altair Crypto Network Explained

For the CEO of Tesla, Elon Musk, base layer transactions of the Dogecoin (DOGE) chain are far more superior to Bitcoin and Ethereum’s.

Recently he commented on his support for Dogecoin, saying the token actually has “a much higher transaction volume capability than Bitcoin, and the cost of doing a transaction, the Dogecoin fee, is very low". 

"Right now, if you wanted to do a Bitcoin transaction, the price of doing that transaction is very high. So, you could not use it effectively for most things," he said.

In his latest pubic speech at the Qatar Economic Forum, Musk reiterated his support for DOGE although the meme-based cryptocurrency plunged from an all-time high of $0.76 in 2021 to a price of $0.068 at the time of writing.

Musk is currently facing a[ $258 billion lawsuit over allegations](https://news.monitalks.io/news/article/elon-musk-dogecoin) his companies SpaceX and Tesla are part of a racketeering scheme to back Dogecoin. He explained his love for the currency by saying he met many people who were not rich but who encouraged him to buy the token. “I am responding to those people,” he said.

He also clarified that while Bitcoin and Ethereum “are pursuing a multilayer transaction system”, their base layer transaction rate is slow and transaction cost is high. 

“There is merit to Doge maximizing base layer transaction rate and minimizing transaction cost with exchanges acting as the de facto secondary layer,” [he elaborated](https://twitter.com/elonmusk/status/1413396249546563586).

## Dogecoin more scalable than Bitcoin according to Mr Musk

When talking about the differing monetary policies between Bitcoin and Dogecoin, Musk said that low issuance rate could result in hoarding and discourage spending. 

Bitcoin cuts the issuance rate in half roughly every four years, while Dogecoin has an unchangeable issuance rate.

“It won’t need to reach visa speed, as regulated exchanges will act as de facto second layer. But the perfect should not be the enemy of the good – it is still good to increase base layer transaction speed & lower base layer transaction cost,” Musk concluded.

The thing is straightforward, after all -  Dogecoin is more scalable because of its layer-one protocol that doesn’t need one more network. The term layer-one is used to define the primary blockchain architecture. Layer-2, on the other hand, is a network that appears at the top of the underlying blockchain.

Even though Bitcoin advocates have been slamming Musk's tweets, saying he's making a groundless admonishment of the widely-adopted cryptocurrencies, the cost and speed of the Bitcoin blockchains have actually been problematic in the past. However, recent upgrades have improved both.


Elon Musk's view on base layer functionality

Little Baby Doge is an altcoin operating with a very familiar name. If you have been in the space for a while, you'll know that Dogecoin is a well-known cryptocurrency. Little Baby Doge is a member of the Dogecoin family, but a separate crypto coin from [DOGE.](/coins/doge)

Here’s everything you should know about this altcoin.

## What is it?

Little Baby Doge, or LBD, is a hyper-deflationary altcoin created by an international group of climate activists who seek to combat climate change. The LBD project aims to reduce global warming.

The LBD altcoin is a native BEP 20 token built on the [Binance Smart Chain (BSC)](https://www.binance.com/en/blog/ecosystem/introducing-bnb-chain-the-evolution-of-binance-smart-chain-421499824684903434), a blockchain network that supports smart contracts. The network is a creation of the Binance exchange, one of the world’s largest crypto exchanges.

As a BEP 20 token, LBD has several use cases on the Binance Smart Chain. The tokens can, for example, be swapped for other BEP 20 tokens. They can also be used for NFTs and other digital assets.

LBD tokens were launched in November 2021, the same time its parent platform was being launched. No sooner had the tokens hit the market than they quickly hit an all-time high of 0.000000007938. According to the LBD team, the coins have a supply cap of 420 quadrillion.

## Little Baby Doge features

Some of the features that enable LBD to stand out include;

•	Buyback function: Buyback involves a project using its resources to repurchase some of its tokens, limiting its supply and increasing its overall value. Buyback is a major part of LBD's strategy.
•	Coin burning: Coin burning is a common practice among many altcoins that seek to limit their supply. It involves periodically burning coins, effectively eliminating them from existence.
•	Liquidity pair acquisition: Another great function of LBD, LP acquisition involves adding coins as a liquidity pair on decentralized exchanges, in this case Pancake Swap.

## LBD ecosystem

The LDB ecosystem has everything required to meet the needs of individuals in terms of products and services.
The project has an informative LBD wallet, an LBD Exchange and Farms platform, and an LBD lottery. The LBD Wallet provides news and updates about the LBD tokens, while the exchange and farms platforms offer users a place to swap all BEP 20 tokens.

The project also features an LBD NFT marketplace and auction house for its exclusive NFTs and an LBD Merch store. There is a "Change the World" Platform where the community, any individual, or organization can connect and donate to worthy climate change organizations.

On the plus side, at the beginning of 2022, LBD launched a play-to-earn platform where users can play games designed to raise awareness about climate change and earn tokens.

## Conclusion

LBD looks like a promising altcoin. Its features and many projects behind it can help elevate its value.
However, the coin looks like it has some distance to go before it gets to where Dogecoin and other popular altcoins are.


Little Baby Doge: Everything You Should Know

Axie Infinity is one of the leading play-to-earn crypto games with a high-performing P2E asset, AXS. But, recently, the token plunged below its support range, and as of 13 June 2022, it stands at $13.20 only. According to Coingecko, last year, AXS recorded its all-time high value of $164.90, and now it's gone down by 90%. Besides, Axie Infinity price prediction for coming years shows a declining market.

The reason for its downfall isn't only the bearish market outlook. Several other factors are at play here - like cyberattacks and the shallow hype for P2E gaming. As an investor, you must be aware of these factors to gauge the potential of AXS. To give you an idea of whether Axie Infinity will go up again or not, here are some insights!

## Understanding Axie Infinity Economy

Before making an Axie Infinity price prediction or any investment decision, it is important to learn how its economy works. Axie Infinity is a blockchain-based game that deals in two digital tokens; Smooth Love Potion (SLP) and Axie Shards (AXS).

Like most P2E games, it is another idle game of the battle genre. In the beginning, players must buy Axies to participate in the fights. For winning local fights, you can earn SLP, while tournament games would give you AXS, which is a more valuable token. 
You can also get Axies by breeding them. If you already have two Axies, you can breed them to get another one with the abilities of both. In addition, you can also acquire SLP and AXS through crypto exchanges for trading.

However, the value of both tokens depends on the demand of the Axies in the game. If the demand is low, players can trade their digital assets on different exchanges. This, in turn, negatively impacts the tokens’ price.

[Source](https://www.decentralised.co/p/the-economics-behind-axie-infinity?s=r)

## Axie Infinity price prediction 2022, 2025 & 2030

According to [DigitalCoinPrice](https://digitalcoinprice.com/forecast/axie-infinity)’s Axie Infinity price prediction, at the end of 2022, it doesn’t show much rise and will be averaging $20.52. Moreover, the data indicate that in 2025, AXS's price will only reach $29.48. Comparably, till 2030, the coin does not seem too bullish as its average value in that year will likely be around $70.32.

In comparison, PricePrediction.net suggests steady growth in the AXS price. By the end of this year, we might see it rise to around $26.71. By 2025, the forecast indicates that it will be averaging $88.87. Moreover, the data shows that it will cross its previous highest value in 2027. And by 2030, it will be averaging $556.99.
Why the sharp decline in Axie Infinity’s value?
The overall bearish trend in the crypto market can be one of the factors for Axie’s decline. However, there are two other primary reasons for its sharp decline.

### 1.   Hype for P2E gaming

As a torchbearer of the play-to-earn games, it has fallen short of this claim. The game isn’t quite competitive in terms of gameplay – especially if you compare it to other MMO battle games. That’s why the player base mainly plays this game with the intention to earn rather than enjoy.
But the game recently introduced its latest version, Axie: Origin, which doesn’t involve the AXS or SLP tokens. Though they have improved the gameplay and graphics of the game, claiming to cater to the non-crypto gamers, the version has failed to attract the masses.
Currently, Axie Infinity has around 18,000 active players. This player count has seen a slump from over 70,000 at the start of the year.

## 2.   Cyberattacks threatening the ecosystem

Cyber Attacks on the ecosystem are the other reason for a decline in the Axie Infinity price predictions. Last month, cyber attackers hacked the discord server and made a fake announcement for the minting of an Axie NFT.

Before that, on 23 March 2022, Axie Infinity blockchain also experienced grave cyber theft. This caused the blockchain to lose over $600 million worth of [USDC](/coins/usdc) and Ether through the Ronin Network.
Because of these hacking attempts, gamers are becoming more sceptical towards Axie Infinity. Investing in such an ecosystem is quite risky; that’s why investors are hesitant to invest their money.

## Is Axie Infinity a good investment?

The current Axie Infinity price prediction is in the red, and its value is diminishing abruptly. It hasn't shown any stability lately, which means higher volatility. Moreover, the overhyped P2E mechanism and the cyberattacks on its blockchain make it a risky investment.
*italic text*
Nonetheless, there are some bullish Axie Infinity price predictions done by some researchers, too. If you’re considering investing in AXS, it’s better to conduct your research. Only invest the amount you can afford to lose and take the advice from your financial advisor if you may before making any decision.



Axie Infinity Price Prediction Hurdles

[Linear Finance (LINA)](https://coinmarketcap.com/currencies/linear/) is an [Ethereum](/coins/eth) protocol developed from the concept of combining traditional finance with the cryptocurrency sector.
 
Dubbed “Liquids”, Linear Synthetic asset tokens indicate a scope of different assets, including commodities, cryptocurrencies and indices.

According to the official website, the focus is on providing a “superior user experience with better scalability and greater speed”. 

This is enabled via Linear Finance’s cross-chain capabilities, which utilise Ethereum and partner chain networks.
Founded by Drey Ng and Kevin Tai, the protocol is constructed from multiple products. The base is represented by the Buildr DApp component that holds the whole protocol in line. Investors stake the native LINA token to mint the stablecoin dubbed LUSD, completely utilized via the platform.

Users are then allowed to push their LUSD through the protocol’s exchange, allowing them to trade the Liquids. At the time of writing, users could trade 20 assets on the exchange, including tokenised gold and silver.

Traders then can change their Liquids or tokens to another blockchain type with the so-called Swap DApp. This is pretty convenient when it comes to “composability” with other DeFi platforms.

Also, there are even more benefits native tokens have. Instead of trading, investors can put their LUSD into the vault and earn interest in LUSD, BUSD and LINA.

## LINA’s past performance

By launching the public sale of its token in September 2020, LINA had quickly gained popularity among traders, especially after it reached $1.8 million in seed funding.

The finance token pumped to its record of $0.03 on 19 September, after the release of a pre-staking program. According to the company, stakers on the first day earned the retaliation of a more than 1,500% annual percentage yield.

## 5 years LINA Price Prediction  

If we have the newest geopolitical situation in mind, where traders are not willing to risk and are seeking more stable and quicker profits, LINA may seem as a ‘bad’ long-term investment. 

 If the investors’ sentiment does not change and goes toward more stable assets, the coin’s average price could decline to $0.0028 by the end of 2022 and $0.0014 by the end of 2025. 

In five years, LINA could plunge to $0.0012. 

On the other hand, if we take a more bullish approach, Ethereum stays stable and investors diminish their fears, the Linear Finance could grow to $0.012 at the end of this year and grow to $0.020 in 2023. 

In 2025, the LINA crypto price could hop to $0.033 in 2025 and hit $0.08 in 2030. 



Lina crypto price prediction: Rebound or regress?

Axie Infinity is one of the leading play-to-earn (P2E)crypto games with a high-performing P2E asset, AXS. But recently, the token has plunged below its support range, and as of 13 June 2022, it stands at only $13.20 . According to Coingecko, last year, AXS recorded its all-time high value of $164.90, and now it's gone down by 90%. Besides, [Axie Infinity](/news/article/axie-infinity-coin) price predictions for coming years forecast a declining market.

The reason for its downfall isn’t only the bearish market outlook. Several other factors are at play here - like cyberattacks and the shallow hype for P2E gaming. As an investor, you must be aware of these factors to gauge the potential of AXS. To give you an idea whether Axie Infinity will go up again or not, here are some insights! 

## Axie Infinity Economy

Before making an Axie Infinity price prediction or any investment decision , it is important to learn about how its economy works. Axie Infinity is a blockchain-based game that deals in two digital tokens; Smooth Love Potion (SLP) and Axie Shards (AXS). 

Like most P2E games, it is another idle game of the battle genre. In the beginning, players have to buy Axies to participate in the fights. For winning local fights, you can earn SLP, while tournament games would give you AXS, which is a more valuable token.  

You can also get Axies by breeding them. If you already have two Axies, you can breed them to get another one with abilities of both. In addition, you can also acquire SLP and AXS through crypto exchanges for trading. 

However, the value of both tokens depends on the demand of the Axies in the game. If the demand is low, players can trade their digital assets on different exchanges. This, in turn, negatively impacts the tokens’ price. 
 
![Picture1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Picture1_a0149b12f9.png)

[Source](https://www.decentralised.co/p/the-economics-behind-axie-infinity?s=r)

## Axie Infinity price prediction 2022, 2025 & 2030

According to DigitalCoinPrice’s Axie Infinity price prediction, at the end of 2022, it doesn’t show much rise and will be averaging $20.52. Moreover, the data indicates that in 2025, AXS's price will only reach $29.48. Comparably, till 2030, the coin does not seem too bullish as its average value in that year will likely be around $70.32. 

In comparison, PricePrediction.net suggests steady growth in the AXS price. By the end of this year, we might see it rise to around $26.71. By the year 2025, the forecast indicates that it will be averaging $88.87. Moreover, the data shows that it will cross its previous highest value in 2027. And by 2030, it will be averaging $556.99. 

## Why the sharp decline in Axie Infinity’s value?

The overall bearish trend in the crypto market can be one of the factors for Axie’s decline. However, there are two other primary reasons for its sharp decline.

1.	Hype for P2E gaming
As a torchbearer of the play-to-earn games, it has fallen short of this claim. The game isn’t quite competitive in terms of gameplay – especially if you compare it to other massively multiplayer online games (aka MMO) battle games. That’s why the player base mainly plays this game with the intention to earn rather than enjoy. 

But the game recently introduced its latest version, Axie: Origin, which doesn’t involve the AXS or SLP tokens. Though they have improved the gameplay and graphics of the game, claiming to cater to the non-crypto gamers, the version has failed to attract the masses. 
Currently, Axie Infinity has around 18,000 active players. This player count has seen a slump from over 70,000 at the start of the year. 

2.	Cyberattacks threatening the ecosystem
Cyber Attacks on the ecosystem are the other reason for a decline in the Axie Infinity price predictions. Last month, cyber attackers hacked the discord server and made a fake announcement for the minting of an Axie NFT.
Before that, on 23 March 2022, Axie Infinity blockchain also experienced grave cyber theft. This caused the blockchain to lose over $600 million worth of USDC and Ether through the Ronin Network. 

Because of these hacking attempts, gamers are becoming more sceptical towards Axie Infinity. Investing in such an ecosystem is quite risky; that’s why investors are hesitant to invest their money. 

## Is Axie Infinity a good investment?

The current Axie Infinity price predictions are in red, and its value is diminishing abruptly. It hasn’t shown any stability lately, which means higher volatility. Moreover, the overhyped P2E mechanism and the cyberattacks on its blockchain make it a risky investment. 

Nonetheless, there are some bullish Axie Infinity price predictions suggested by some analysts, too. If you’re considering investing in AXS, it’s better to conduct your research. Only invest the amount you can afford to lose and take the advice from your financial advisor before making any decision.



Hype & hacking hurdles- Axie Infinity price prediction

Scammers are at it again with Bitcoin. This time, another bogus celebrity endorsement is being used to trick unsuspecting members of the public into joining up for various Bitcoin trading sites. This time it is the [Ant McPartlin Bitcoin scam](https://www.economywatch.com/bitcoin-robot/ant-mcpartlin-bitcoin).

In this article, we look at a con involving Ant McPartlin's name and analyse whether the TV star ever actually got involved in Bitcoin Revolution, a BTC auto-trading business.

## Who is Ant McPartlin?

Anthony David "Ant" McPartlin is a British television producer, rapper, singer, comedian, actor, and TV presenter born in Newcastle upon Tyne in 1975. Because of his talent, he has a large following that extends beyond the United Kingdom.
McPartlin is well-known for his work as a co-presenter with Declan Donnelly, known colloquially as Ant and Dec.

McPartlin has garnered honours for his outstanding contribution to the media business, including the British Academy Television Awards: Entertainment Programme (Ant & Dec's Saturday Night Takeaway) and the British Academy Television Awards: Live Event (The Queen's 90th Birthday Celebration).

## What is Bitcoin Revolution?

[Bitcoin Revolution](/news/article/bitcoin-revolution) is an automated Bitcoin trading system designed to improve the trading experience of investors with limited capital, time, and trading skills. The platform includes a robot that manages the whole trading process on behalf of the account user, automatically executing buys, holds, and sells with minimum input from the investor.

After registering on the platform, users must make an initial payment of at least £200.

Bitcoin Revolution is a built-in algorithm that claims to deliver more than 99% accuracy on all trades, allowing investors to earn up to 20% daily returns on their money.

## Ant McPartlin Bitcoin Scam?

The question is, did McPartlin endorse Bitcoin Revolution?

McPartlin has denied any support for a Bitcoin trading platform. He has claimed that he has no intention of investing in Bitcoin or its trading bots.

As we investigated, we found no direct or indirect postings on Ant's social media to indicate that he had adopted the trading platform.

McPartlin is one of many celebrities whose accounts have been phished by Bitcoin fraudsters.

An “audience seeker” storyline is always popular, especially when it involves renowned people. In this example, bogus news sites and gossip blogs have fueled media coverage of the entire event, primarily to gain click-through and registration commissions from the traders involved.

Fake trading sites were involved in advertisements and other media promotion of the supposed endorsement, causing naive investors to lose money.

Because neither McPartlin nor Bitcoin Revolution confirmed the endorsement story, it was assumed that a bunch of avaricious internet marketers staged the entire affair.

## Is Bitcoin Revolution a Ponzi Scheme?

This is a common question among cryptocurrency aficionados right now. Should I put my funds on the platform?
I say not. Unless you can verify the legitimacy of any trading platform for yourself, you should retain your money in your bank account.
 



Ant McPartlin Bitcoin Scam Explained

There has been lots of buzz about altcoins recently, making most crypto investors wonder if they are missing out on something big. But what is the altcoin buzz really about?

To fully understand the altcoin buzz, you first need to know what an altcoin is. 

## What are Altcoins?

Any digital currency that isn't [Bitcoin](/coins/btc) is an altcoin. The word "altcoin" is a portmanteau of "alternative" and "coin" to form "altcoin". It refers to a group of cryptocurrencies - all the coins other than Bitcoin. 

By market capacity, the top three altcoins are Ethereum, USD Coin, and Tether (USDT). Ethereum is the most popular. Other examples of altcoins are Shiba Inu, Solana, Litecoin, Dogecoin, XRP, Binance coin(BNB), ApeCoin(APE), and SandBox.

The first altcoins started in 2011, and now thousands of them exist. Early altcoins strived to improve Bitcoin's traits, such as transaction speeds or capacity efficiency. More recent altcoins perform a variety of tasks.
Different types include:

[Stablecoins](https://www.investopedia.com/terms/s/stablecoin.asp): Cryptocurrencies constructed to follow the price of another currency. Most of the biggest stablecoins are pegged to the US dollar and try to emulate its value. If the price fluctuates, the issuer of the coin will take actions to amend it. Examples include Tether(USDT), USD coin(USDC), and Dai(DAI).

Staking-based: These cryptocurrencies use a technique called staking to verify transactions and augment more coins to the stock. Owners of a staking-based cryptocurrency can select to stake their coins, meaning they're committing those coins to be used for transaction processing. The cryptocurrency's blockchain policy assigns a partaker to verify a block of transactions. In return, participants receive crypto prizes.

Mining-based: This cryptocurrency category uses a mining method to validate transactions and expand more coins to the supply. Miners use gadgets to solve mathematical equations. Naturally, the first miner to decipher the equation gets to validate a block of transactions. In return, miners who validate blocks obtain crypto bonuses.

Governance tokens: They are cryptocurrencies that bestow owners voting rights to help form the future of the project. In most cases, these tokens allow you to develop and vote on suggestions associated with the cryptocurrency.

## Are Altcoins Reliable and the Future of Cryptocurrency?

Future values of altcoins are hard to predict, but if the blockchain they were designed is used and developed, the altcoins are likely to continue and prosper.

With the current state of Bitcoin now, everyone is getting an education on other options they can invest in and use for transactions.

Each time Bitcoin drops in value is an opportunity for altcoins to rise and receive more investment. In recent months, there has been altcoin buzz because of the state of the market.

## Conclusion 

As we all know, Bitcoin is the biggest cryptocurrency. But the value has been hit in recent months, meaning crypto investors have looked at alternatives.

That has increased the altcoin buzz, as investors investigate the top altcoins to invest in and learn more about in times of a crypto crash.

Expanding an investment portfolio beyond Bitcoin can be sensible, especially as some altcoins could deliver significant profits.

As ever, before choosing to invest in any cryptocurrency, ensure you conduct thorough, independent research.


Altcoin Buzz: What's It All About?

While [Bitcoin](/coins/btc) is the big boy of the crypto world, many other coins, known as "altcoins," have emerged in recent years. But which are the altcoins to watch?

Finding the most outstanding altcoins can be difficult due to the many options available, but it's well worth it because these currencies can often yield triple-digit returns.

We've conducted research and put together some of the most interesting altcoins to watch closely in 2022, in no particular order. But first, we need to understand what an altcoin is.

## What are Altcoins?

The term "altcoin" is made up of two words: "alt" and "coin," where alt means "alternative" and coin means "cryptocurrency". They denote a type of cryptocurrency alternative to the digital Bitcoin currency when used together. Following Bitcoin's success, a slew of alternative peer-to-peer digital currencies sprung up to compete.

## Top Altcoins in 2022

### Litecoin: Litecoin (LTC) is a cryptocurrency that was founded in 2011 as a result of a fork in the Bitcoin blockchain. It was created in response to developer worries that Bitcoin was becoming too centralised and making it more difficult for large-scale mining companies to obtain an advantage in mining. For example, a Bitcoin block takes roughly 10 minutes to mine, but a Litecoin block only takes two and a half minutes. The supply of Litecoin is set at 84 million, and the current reward for mining a block is 12 and a half Litecoins, which will be cut in half in 2023.

### NEO: NEO is a Chinese-based blockchain platform, cryptocurrency, and network for decentralised programmes, or dApps. It was influenced by networks like Ethereum, but with a few significant technological changes.
According to its designers, NEO was created for the "Smart Economy", which combines digital assets, digital identities, and smart contracts into one seamless environment. The goal of NEO was never to destabilise China's fiat currency but rather to assist the country's economy is transitioning to the blockchain era.
Despite the Chinese government's crackdown on ICOs and cryptocurrencies, NEO has been able to raise the funding necessary to develop and launch its initiatives, fueling concerns about a possible link between the business and Chinese officials.

### [STELLAR (XLM)](https://coinmarketcap.com/currencies/stellar/): Stellar is a decentralised network that allows users to generate, send, and trade various cryptocurrencies. It was founded in 2014 and debuted in 2015 with the goal of connecting the world's financial systems into a single network.
Like other blockchain-based decentralised platforms and exchanges, Stellar is distributed across numerous servers. This means that a single entity does not supervise the behavior on Stellar. Stripe, one of the major payment gateways in the world, stated plans to replace Bitcoin with XLM in early 2018. As a result of this news, Stellar's price increased by 20% due to this announcement, cementing the coin's position as a Bitcoin alternative.

### ETHER (ETH): The cryptocurrency utilised on the Ethereum blockchain network is called Ether. Ether is known to be the second-largest cryptocurrency in the world, after bitcoin, in terms of market capitalisation. Hence it might be called the largest of the 'altcoins.'
Vitalik Buterin, a programmer, introduced Ethereum as a platform in 2013, and the network went online in 2015. It's mostly used as a decentralised finance platform, but it's also been used to assist with developing other altcoins via initial coin offerings.

### DOGECOIN ([DOGE](/coins/doge)): Dogecoin is the final altcoin we'll discuss in this article, and it's one of the most recent to get mainstream notice. This interest is partly due to celebrity endorsements like Elon Musk, Snoop Dogg, and Gene Simmons on social media.

Dogecoin began as a parody of cryptocurrencies, but it has since grown in market value and popularity. Dogecoin is a digital asset based on a fork of the Litecoin code that serves as an accessible entry point for crypto newcomers. It is based on a division of the Litecoin code. Since its inception in 2013, Dogecoin's popularity has sparked the development of a slew of copycat memecoins, which have grown into their [industry](https://prnews.io/blog/video-journalists.html) of fun digital assets that demonstrate the market worth of internet culture in the digital economy.

## Conclusion

Some people see this low-price phase as an opportunity to increase their crypto holdings before prices rise again. However, much depends on your financial situation and expectations for how crypto will perform in the long run.

Buying crypto may make sense if you only invest money you can afford to lose and have other financial goals, such as retirement savings and an emergency fund.

These altcoins may be interesting in July for various reasons, but don't buy them hoping for a quick profit. Furthermore, don't buy something just because the price appears low; it could go lower. Instead, take time, thoroughly investigate the topic, and maintain a long-term perspective.


Altcoins to Watch: The Top 5

This article is about investing in new altcoins - how to start, what to do, the risks, and ones to watch out for.
Altcoin is the short hand for alternative coins, which refers to all cryptocurrencies that aren't Bitcoin.

## How can I get started with new altcoins?

There are a few ways to acquire new altcoins: buy them on an exchange, mine them, or receive them as a gift.
If you're looking to buy altcoins, the most common way is to use an exchange. You can search for a list of businesses that offer a variety of altcoins on their platform. But it is highly advised to do your research before choosing an exchange, as some are more reputable than others.

You'll need to purchase a [mining](/news/article/best-crypto-miner) rig to start mining altcoins. This can be expensive, so research and compare different rigs before purchasing. Once your rig is set up, you'll need to download mining software and configure it to start mining coins.

You could also participate in airdrops. Airdrops are when a cryptocurrency project distributes free new altcoins to the community. To participate in an airdrop, you only need a wallet address where the tokens will be sent.

## What are the risks of investing in new altcoins?

When it comes to investing in new altcoins, there are a few risks you should be aware of. Firstly, new altcoins are incredibly volatile and can go up or down in value rapidly. Secondly, new altcoins are still in their early stages and may not be as developed or reliable as more established cryptocurrencies.

Finally, altcoins are often less regulated than traditional currencies, so there is more potential for fraud or scams. As with any investment, it's essential to do your research before investing in any altcoin.

## What are the most promising altcoins right now?

Bitcoin is the most well-known and established cryptocurrency on the market, but many other altcoins are worth looking into. These cryptocurrencies have been created in response to Bitcoin and often offer different features or solutions to the problems that Bitcoin has.

Some of the most promising altcoins include Litecoin, Ethereum, Cardano, Polkadot, Polygon, Cosmos (ATOM), and Dash.

Litecoin is similar to [BTC](https://bitcoin.org/en/), but has a faster transaction speed and a lower transaction fee.

Ethereum is a wildly popular cryptocurrency, second in popularity after BTC, and is based on a platform where decentralized applications are developed.

Dash is a cryptocurrency that offers private transactions and instant payments.

If you're interested in getting into altcoins, it's essential to research to find out which ones are the most 
promising for you. As with any investment, it's always important to be cautious and aware of the risks involved.

## Conclusion

Choosing which new altcoin to invest in can be challenging as there are so many.

Research carefully and find coins with a good team behind them, a solid plan for the future, and a good track record. No matter what happens, never invest more than you can afford to lose, and remember to keep your coins safe.


How to Get Started With New Altcoins

In the crypto space, there are many thousands of altcoins, each created for its own purpose. But what are altcoins?
[Bitcoin](/coins/btc) was the first widely known cryptocurrency and is, currently, the most popular. It paved the way for more crypto projects to follow, and every one of them is an altcoin, or alternative coin.

So, if you ask what are altcoins, they are simply every cryptocurrency that isn't Bitcoin.

## What are Altcoins - The Details

There has been much buzz around altcoins in recent months. This was due to Bitcoin suffering a dramatic loss in value, inspiring investors to look at alternatives. However, the market downturn affected most of the leading altcoins as well as BTC, so that didn't always work out.

As Bitcoin prices recover, the altcoin buzz remains. That's because wherever BTC values go, many other crypto prices are likely to follow.
In this article, we'll look at some of the altcoins on the market, as well as what makes an altcoin valuable and the techniques and strategies widely used to generate significant returns on altcoin investments.

Many altcoin cryptocurrencies are based on the same basic structure as Bitcoin. As a result, most are peer-to-peer, necessitating a mining process. Even though they share many characteristics, altcoins can differ significantly from one another.

Some popular altcoins:

•	Ethereum
•	XRP
•	Tether
•	Cardano
•	Polkadot
•	Stellar
•	USD Coin
•	Dogecoin
•	Chainlink
•	Uniswap
•	Shiba Inu

## Types of Altcoins

Despite all being inspired by Bitcoin’s open-source technical blueprint, every altcoin, on the whole, seeks to be unique.
Many crypto enthusiasts treat altcoins as though they were just another type of asset. They do, however, fall into one or more well-defined categories.

While altcoin is the general name used to identify coins that are not Bitcoin, they divide into different categories. These include:

•	Stablecoins 
•	Memecoins 
•	Utility tokens
•	Governance tokens 
•	Security tokens 
•	Forks 

Let's look at the popular ones: Stablecoins, memecoins, and utility tokens.

## Stablecoins 

A stablecoin, unlike other cryptocurrencies, is a less volatile coin. The value of a stablecoin is pegged on a fiat currency, for example, the US dollar. They are not affiliated with the fiat currency they are pegged to, just affected by the currency's value. Examples include USDT and BUSD.

## Memecoins

Memes are usually jokes about existing cryptocurrency. They are often created in large quantities and influenced by large cryptocurrency communities. They pump really fast and, often, dump just as fast. That said, some of these coins do have prospects. Examples include Dogecoin and Shiba Inu.

## Utility Tokens

These are tokens used to pay for transactions, mint tokens, trade services, and receive certain access within any particular blockchain network. An example of a utility coin is Ethereum, the second-largest cryptocurrency in the crypto market. 

Other altcoin types not highlighted are useful as well, but not as well used as those listed.

## Are Altcoins Legit?

There are many thousands of altcoins, with new ones being launched all the time. Many have made investors large profits and continue to perform well. Many new entrants have strong prospects because of their potential utility.

Sadly, we cannot say that all altcoins are legit. While many are genuine and successful, there are scams and frauds which blight the crypto space.

[Pump and dump schemes exist](https://corporatefinanceinstitute.com/resources/knowledge/trading-investing/pump-and-dump/#:~:text=A%20pump%20and%20dump%20scheme%20is%20a%20type,selling%20the%20securities%20at%20a%20high%20price%20%28%E2%80%9Cdump%E2%80%9D%29.). They seek to entice investors with promises of an exciting or unique new altcoin, then cash out once the price soars and leave investors with almost valueless coins.

To avoid scams, do your own research. Read widely, look for white papers and use case explanations.

## Are Altcoins Long-Term Investments?

The answer depends on the particular altcoins. Not all altcoins are long-term investments; some excel when they are newly created and never come up again after that. These have become known as shitcoins.

Other altcoins have been on a steady growth path from launch.

Ethereum is a good example of a long-term coin, but the price is much higher than that of other altcoins. There are other good long-term coins, but DYOR is the best way to figure out which is an investment possibility. 

## Avoiding Shitcoins

Shitcoins are cryptocurrencies with little or no value. They usually have no purpose and are created in really large numbers.
It is pretty easy to spot shitcoins as their prices increase quickly after the launch and start dumping once investors remove their investments. 

How do you identify these shitcoins? Well, the answer is to do your own research. Take a look at the crypto you are planning to invest in online. Find out if the company has a purpose, the number of tokens created, how these tokens are circulated, and how the company operates.
Though shitcoins are bad investments, most people still invest in them as a scheme to get rich quick. Many have become rich through investing in shitcoins, but many others have lost fortunes.

If you must invest in shitcoins, you must learn not to be greedy and know when to pull out your investment.

## Which Altcoin Will Be the Next Bitcoin?

After 'what are altcoins?', this is the big question.

Most crypto investors are eager to know if there will be an altcoin as successful as Bitcoin.

That's because of FOMO - fear of missing out. Early investors in BTC benefited from engaging at the start - they bought at low prices and now hold BTC worth substantial amounts.

Investors don't want to miss being in on the ground floor of the next Bitcoin.

Is it possible for an altcoin to do better than Bitcoin? Well, yes, it is. Most of these altcoins use more advanced technology than Bitcoin, and there is more publicity now about cryptocurrency. Although it could happen, knowing which of the altcoins will achieve Bitcoin-style success is difficult.

There is high volatility in the crypto market, meaning it is not predictable.

Once again, DYOR. There are many altcoins with good prospects, do your research on them, and most importantly, invest wisely.

## Conclusion

Not everyone holds altcoins in high regard, especially bitcoiners. That doesn't change the fact that altcoins are here to stay or that they can also make suitable long-term investments.

There are altcoins not to trust, like shitcoins and a fair few memecoins, but that doesn't make them all bad.

A benefit of investing in altcoins is not putting all your eggs in one basket. If you only buy Bitcoin, your portfolio's fortunes rise and fall with BTC. Diversify and spread the risk.


What is an Altcoin? A Good Investment or Risky? 

Elon Musk  has found himself in the news again as The Boring Company, an infrastructure and tunnel construction services company owned by the serial entrepreneur announced that customers can pay for rides on its Las Vegas transit system “Loop” using Dogecoin (DOGE).

This announcement was made on Wednesday, July 6, per a report by Cable News Network (CNN). This news comes on the back of May’s announcement of SpaceX soon accepting Dogecoin as a payment option for merchandise, joining Tesla.

Loop allows passengers to travel in Tesla vehicles driven by humans at around 35 miles per hour (mph). Riders need to scan a QR code to buy a ticket. As of July 2022, Loop rides are free. 

With that said, the company plans on rolling out charges to passengers in the not-too-distant future. Despite the listing of DOGE as a payment method, customers who are not interested in the use of the meme-inspired currency are free to use other alternative methods of payment. 

In 2021, while [DOGE](/coins/doge) reached new price milestones, The Boring Company landed a great deal to construct more than 50 stations which is a part of a massive tunnel network underneath Las Vegas. 
 
This year has not been good for cryptocurrencies and the first meme-inspired digital currency has been one of the hardest-hit coins. 
As of 11:15 a.m. BST on Thursday, July 7, DOGE was down 90.76% from its all-time high (ATH) of $0.7376 recorded on May 8, 2021, per data from CoinMarketCap.

The coin was exchanging hands for $0.06879, had a trading volume of approximately $378.62 million, and this corresponded to a market capitalisation of around $9.12 billion. 

Despite the downturn of the market, this statistic is impressive since it maintains DOGE as a medium-cap digital asset (at least $2 billion and at most $10 billion in market value) which continues to make strides to reclaim its large cap status. 

Despite being [sued](https://www.monitalks.io/coins/doge) by an investor for billions of dollars lost in Dogecoin investments, Musk took to Twitter to say, “Support DOGE wherever possible.”





Elon Musk’s Vegas Loop starts accepting  DOGE payments

[Gala (GALA)](https://app.gala.games/) is a valuable utility token that serves as a means of exchange among Gala Games ecosystem participants. GALA crypto is currently built on the Ethereum blockchain and follows the ERC-20 protocol.

Gala Games' fundamental idea is stated on their website as they think the blockchain should be invisible in their games. They employ basic game principles that all participants may enjoy, regardless of whether they consider themselves blockchain experts. 

## Gala Blockchain gaming platform's short history 

Gala Games was founded in 2020 by Eric Schiermeyer and Michael McCarthy to create a gaming environment in which players have total ownership and Management of their in-game assets.

Schiermeyer formerly worked for Intermix Media, the firm behind MySpace, and was a co-founder of Zynga, a billion-dollar company created in 2007 to connect the globe via games. McCarthy was the creative director of Zynga, where he designed the famous Facebook game Farmville 2. Early on, the two saw the potential of play-to-earn games, which allow users to earn money while allowing creators to focus only on game quality.

Gala Games focused on decentralization from the start, causing the firm to reject an early distribution, such as an ICO, to enable an organic deployment of the tokens via its node network. Gala's first strategy was to develop the gaming network by selling 'Founder's Nodes,' which serve as the foundation of Gala Games' ecosystem. These nodes distribute incentives through Gala tokens, NFTs, and governance authorities.

Gala is now focusing on developing its own blockchain GalaChain, forming collaborations, and purchasing well-known gaming firms. GalaChain was designed to reduce network expenses and give greater scalability than Ethereum. Gala has also made strides in establishing partnerships with brands such as Frank Miller, Under Armor, and AMC's The Walking Dead, with several more on the horizon. Gala Games plans to disrupt the free-to-play model pioneered by Fortnite, in which gamers rent in-game items from the developer.

The maximum quantity of the GALA crypto token is set at 50 billion units. Approximately 7 billion GALA are now in circulation. This is around 14% of the complete total. Gala Games has 1.3 million or more active users.
 
## How does Gala crypto work?

A custom utility and governance token, a reactive blockchain, and NFT technology are all part of the Gala Games ecosystem. Developers may use these tools to build on the network.

Non-fungible tokens (NFTs) can be held by Gala Games ecosystem participants and used to affect game administration. The Founder's Nodes voting system allows gamers to determine the games Gala creates and funds. Gala Games uses its utility token, GALA, to buy NFTs for certain games.

## What is Gala crypto used for?

Developers use Gala's blockchain technology to create better and more profitable titles. The network aspires to adapt the most recent and profound metaverse chances to produce more enjoyable blockchain-powered games.

Gala intends to offer gamers a share of the billions of cash gaming platforms generate. The network aims to enable users to extract value from gaming ecosystems through [NFTs](https://www.monitalks.io/news/category/nft-news) and other digital assets, benefiting Gala blockchain backers and gamers. Supporters, notably those who manage network nodes, are compensated with GALA crypto tokens for their efforts in supporting the Gala ecosystem and peer-to-peer transactions. Meanwhile, gamers may exit the game and trade their items for other popular cryptocurrencies on various decentralized markets (DEXs). These users may also use GALA tokens to purchase extra NFTs and in-game products.

## Gala crypto current price and future predictions

Gala's price has dropped by 28.51% in the last seven days. In the previous 24 hours, the price fell by 6.25%. The current price per GALA is $0.05625. Gala is 93.30% lower than its all-time high of $0.8367. There is now 6,977,205,436 GALA in circulation.

According to Walletinvestor, the Gala historical index gets a 'C' grade but is an excellent long-term investment. Gala's AI analyst predicts a 339.6% increase by May 2023, with gains doubling to 625.8% in 2024. Gala day traders will win from day trading in bull markets. Gala will continue to perform in 2025, with a 91% ROI. ROI will reach 1477.5% in 2027, beating several financial indices. In the immediate run, Gala expects May to close at an average price of $0.039, down from $0.09.


GALA Crypto Explained 

The Eclipse crypto project is a Binance Smart Chain-based utility token. The currency will be used to purchase features on Eclipse-built platforms, with Eclipse Charts, a charting platform for BSC tokens, being the first to be unveiled.

The Eclipse token will be used for:
1.	Payment for new Eclipse platform features 
2.	Advertising and boosting on Eclipse platforms

Eclipse token holders will be rewarded if they spend their Eclipse tokens.

Every transaction is taxed with a 6% fee, of which 3% is redistributed to all token holders at the time. The remaining 3% is split in half, with 50% sold by the contract into BNB and the remaining 50% automatically paired with the aforementioned BNB and added to PancakeSwap as a liquidity pair.

The developer retains 1% of the total, while the remaining 4% is held in dxsale token lock for 3-6 months.

## Eclipse crypto current price

The current Eclipse price is $1.40e-9, and the 24-hour trading volume is $193.50. Eclipse has increased by 1.14% in the previous 24 hours. It currently ranks #7138 according to the CoinMarketCap ranking, and the live Market cap is not provided. The circulating supply is unknown, with a maximum supply of 1,000,000,000,000,000 Eclipse coins.

## Eclipse price prediction

There is a possibility that the ECP coin will go to $0 in the near future as the ECP project is nearly dead. It has not shown any development since last year. Their last tweet was on the 29 November 2021, which stated that they are working on reprogramming the more significant parts of EclipseCharts, and the ECP would move to Moralis Framework so that they can speed up further development.

Users have complained and some even advise staying away from the project. Some argue that ECP should not be allowed to trade as it is a dead project. Considering these points, the future of ECP is not looking bright, and it may go to $0 by the year 2024.

Also, if you look in more detail, the 24hr trading volume of this project is less than $200. This makes it a very unpopular option in the market.

If you're looking for a place to buy Eclipse at the moment, PancakeSwap is the best cryptocurrency exchange for trading Eclipse tokens. It could be seen as a very risky investment, with little to no information coming out from the team. This could even mean the project is not even as serious as it should have been. You must wait and watch, and see what's happening and if there is any update. Until then, you could look at the other solid projects and safeguard your investment.

## Why do you need to re-think before investing in Eclipse?

The [Eclipse](https://coinmarketcap.com/currencies/eclipse-ecp/) project aims to use its Eclipse tokens as payment for new Eclipse platform features. However, we do not have any news about this platform or any information on who would use or advertise on Eclipse platforms, especially when there are already social media giants with millions of users every day.

No further update since November forces us to consider whether the project is still alive and functional or not. Also, many of the tweets use the phrase "our service providers", which somewhat indicates an outsourced tech team that's working on providing updates.

To be clear, there's nothing bad in outsourcing the work, but if we don't have any idea of who constitutes the core team, their capabilities, and what their ambitions are, it becomes a difficult choice to invest in such projects.

Also, Eclipse Charts, the most hyped development by the Eclipse team to date, remains the sole significant achievement in the past year. So, it would be a better decision to wait and understand more about the future of the project before jumping in and hoping it to be the next Solana.

For more crypto coin news, check out [Latest Moni](https://monitalks.io/news/category/crypto-coin-news).

Eclipse Crypto Explained

Dogecoin is the meme cryptocurrency which made headlines in 2021 with rapid and massive value increases. Looking ahead, many are asking, 'is DOGE going up?'. Here we look at the Dogecoin price predictions for the years ahead.

## What is Dogecoin?

Dogecoin (DOGE) is an open-source, peer-to-peer cryptocurrency. It is an altcoin and known as a snarky meme currency. Dogecoin was launched in December 2013 with a Shiba Inu dog logo. Unlike Bitcoin, which was created to be limited, Dogecoin was designed to be numerous, with 10,000 new coins generated every minute and no maximum supply.

## What makes Dogecoin valuable?

Like any other asset, [DOGE](https://www.monitalks.io/news/article/elon-musk-dogecoin) is valued by the market based on supply and demand. Given the large supply, demand has had to skyrocket to drive prices as high as they have recently. That happened early in 2021, when prices soared by around 7,000%. This was partly thanks to retail investors on Reddit (such as the wall street bets subreddit that ignited the "meme stock" craze) working together to increase prices. The price rise was also helped by the blossoming crypto boom, and months of apparently tongue-in-cheek tweets by Tesla founder Elon Musk, punctuated by his appearance on Saturday Night Live in May 2021.

The rapidly increasing value of DOGE in 2021 attracted media, and social media, attention. This created a loop, attracting new investors, which, again, drove prices up. When an asset significantly increases, FOMO (fear of missing out) draws a flood of new traders. DOGE is a very volatile cryptocurrency, and there is no assurance that it will rise or fall in value in the future.

## Dogecoin's ascension

With the Japanese dog Shibu Inu as its emblem, Dogecoin advertised itself as a "fun" alternative to Bitcoin. The informal introduction of Dogecoin matched the tone of the emerging crypto community. Its script algorithm and limitless supply defined a speedier, more versatile, and user-friendly form of Bitcoin.

Dogecoin is an "inflationary coin". In contrast, cryptocurrencies such as Bitcoin are deflationary due to a cap on the number of coins that may be issued.
The Dogecoin network donated 27 million Dogecoins (about $30,000) in January 2014 to sponsor the Jamaican bobsled team's journey to the Sochi Winter Olympics. A few months later, the Dogecoin community gave $11,000 in Dogecoin to help build a well in Kenya and $55,000 in Dogecoin to help NASCAR driver Josh Wise.

## What can you do with Dogecoin?

Dogecoin has been chiefly utilized on Reddit and Twitter as a tipping mechanism to reward the creation or sharing of high-quality content. You may obtain free Dogecoin by joining a digital currency group or get it via a Dogecoin faucet. A Dogecoin Faucet is a platform that will offer you a small quantity of Dogecoin for free as an introductory to the currency, allowing you to start engaging in Dogecoin communities. You buy or sell Dogecoin on any exchange supporting the digital currency, hold it in a Dogecoin wallet or on an exchange, or tip it in any Dogecoin-accepting community.

## Dogecoin's price prediction - is DOGE going up?

### Dogecoin Price Forecast 2023

Based on recent year's Dogecoin pricing, it is estimated that the minimum price of Dogecoin in 2023 will be about $0.15. The most likely DOGE price is approximately $0.17. In 2023, the average trade price might be $0.15.

### Dogecoin Price Forecast 2024

Based on the technical research by cryptocurrency experts about the values of Dogecoin, in 2024, DOGE is anticipated to have the following lowest and maximum prices: roughly $0.21 and $0.26, respectively. The projected trading cost is $0.22 on average.

### Dogecoin Price Prediction 2025

Cryptocurrency specialists have studied the values of Dogecoin and their changes over the last years. It is anticipated that in 2025, the lowest DOGE price will drop to $0.30, while its highest can reach $0.37. The trade cost will be roughly $0.31 on average.

### Dogecoin Price Forecast 2026

According to crypto specialists' study of Dogecoin costs, the following maximum and minimum DOGE values are projected in 2026: $0.52 and $0.45. It will be traded at $0.47 on average.

### Dogecoin Price Prediction 2027

Cryptocurrency specialists are continually studying dogecoin swings. According to their forecast, the average [DOGE](https://dogecoin.com/) price will be about $0.70. It might fall to a low of $0.68, but it could rise to $0.78 by 2027.

### Dogecoin Price Forecast 2028

Every year, cryptocurrency analysts anticipate the price of Dogecoin. In 2028, DOGE is expected to trade between $0.98 and $1.18. Throughout the year, the average cost is predicted to be approximately $1.01.

### Dogecoin Price Prediction 2029

Cryptocurrency specialists are set to disclose their estimations of Dogecoin's price. The maximum DOGE price of $1.65 will define the year 2029. However, the rate may fall to approximately $1.43. So, the predicted average trading price is $1.47.

### Dogecoin Price Prediction 2030

After studying the Dogecoin pricing, crypto specialists have arrived with their DOGE price prediction for 2030. It will be traded for at least $2.05, with a possible high of $2.42. As a result, the DOGE price in 2030 is expected to be roughly $2.11.

## Is Dogecoin a good investment?

Overall, Dogecoin lacks the real-world usefulness to sustain long-term rising momentum. The enthusiasm and publicity produced by the mainstream media drove the coin's first price climb. DOGE has continuously underperformed after these circumstances have subsided.

As a result, we believe that Dogecoin is particularly well suited to risk-seeking traders who are willing to initiate a position based on hope rather than expectation. DOGE can still deliver good returns, but it's certainly not the greatest crypto investment for risk-averse investors.


Is DOGE Going Up?

Amid the crypto crash, [Cardano](/news/tag/cardano) is pushing towards the Mithril update. The update can benefit the ecosystem’s security by incorporating a threshold multi-signature system. According to today’s crypto [news](https://cardano.org/news/), Cardano blockchain is about to introduce an update for better security, lesser overheads, and smooth transactions.

The proposal was presented by the lead developers of Input Output Global, Pyrros Chaidos and Aggelos Kiayias. They believe that Cardano staking can be used for multi-signature trades. In addition, the protocol might help the stake pools in signing the Cardano blocks.

Mithril’s functioning is quite different from the multi-signature system, and it can provide better transparency and efficiency. Speculation about the update led to a surge in 'crypto news Cardano' searches.

So, here’s everything you need to know about Cardano’s Mithril update!

## What’s Mithril protocol?

Mithril is a fictional metal that is lightweight yet as strong as triple steel. This is the same phenomenon that the Mithril protocol uses. It shapes a lighter blockchain but ensures a high level of security.

The previous multi-signature system requires the approval of the majority for each transaction. The logarithm to process the approval of the majority takes time, and there is room for efficiency. This is where the Mithril protocol can help blockchains with the staking mechanism for getting multi-signatures.  

## Main features of Mithril protocol design

Mithril protocol differs in many ways from the previous multi-signature mechanism for transactions. However, it is an advanced version of the multi-signature systems having 7/8 or 6/7 multi-sig wallets. Mithril protocol can weigh the Cardano tokens staked by users to evaluate how they can sign for a transaction.

The protocol works on a complex design, ensuring higher efficiency and trust in the system. Key features of the Mithril protocol include:


•	The protocol leverages the sign staking system to complete multi-signatures for higher efficiency.

•	Its setup ensures better transparency without the need for altering trust settings.

•	The trade-off between efficiency and time is used to avail flexibility.

•	It has a traceable and scalable procedure.


## Cardano staking for multi-signature transactions

It leverages the staking system for creating multi-signatures. So, for completing one multi-signature, it randomly selects different signers and weighs the number of ADAs they have pledged. Then it takes the aggregate of their stakes. Through this process, the Mithril protocol makes one stake threshold multi-signature. As the signers are selected randomly, this process can be scaled and verified.

For further clarification, you can refer to Mr. Schmiedel's explanation of how the Mithril protocol works.

## Use cases of Mithril Protocol

If you are wondering what the applications of this Mithril protocol are, here you can explore a few of its use cases! 

### 1) Full node applications like Daedalus

Mithril protocol can be highly beneficial for full node applications like Daedalus. It can speed up the synchronization while ensuring the security of the full node data. In addition, it can enhance the usage of time and resources, making the system efficient.

### 2) Mobile applications

This protocol can also be used in different mobile applications. It can offer a mechanism that works with trustless technology. Therefore, the users do not have to trust the other party or a third party to use the application. It has predefined conditions; if they are met, the application will give you the said result.

### 3) Lightweight blockchains

Mithril protocol can also work for lightweight blockchains by providing a verification mechanism. For instance, it can securely verify the forward and backward transactions and ensure efficiency. Also, it can approve the state of a blockchain by validating the Proof-of-Stake (PoS.)

### 4) Voting applications based on staking

Voting applications can also be designed with the Mithril protocol. Its threshold multi-signature can work for validating each vote to ensure transparency.

## Final Thoughts

As per today’s crypto news Cardano is moving towards implementing the Mithril protocol in their blockchain. This protocol works with the staking mechanism to multisign each transaction. It selects users at random and takes the aggregate of their ADA tokens. Through this, it creates one multi-signature for a transaction.

The Mithril protocol is more time and resource-efficient than previous multi-signature systems. Also, it ensures better security for blockchains as you can easily verify transactions through it. Its use cases show that the protocol can be highly beneficial for various web 3.0 projects.


Crypto News: Cardano (ADA) pushes toward Mithril update

*Find out the cost of 0.1 Litecoin in USD, BTC, and other cryptocurrencies below.*

[Litecoin (LTC)](https://litecoin.com/en/) is one of the oldest high-performing cryptocurrencies. It was introduced back in 2011 when Bitcoin first started seeing a surge. LTC's blockchain is also designed per the set standards of Bitcoin and has the capacity to perform transactions faster than BTC.

So far, [Litecoin](/coins/ltc) reached its highest price of $410.26 about a year ago. However, its value has dwindled now because of the bearish market. Still, the project has a good potential for investment. But because of the bearish market trend for cryptocurrencies, it would be better to start with small amounts. Here you can find out the current value of 0.1 Litecoin!

## Litecoin price today

To conduct thorough research, it is essential that you first check a single Litecoin’s price. So, as of 17 June 2022, Litecoin is worth $46.57, according to the CoinMarketCap. Besides, its current market cap is $3,285,001,233, and it is showing a 1.43% upward trend.

## The cost of 0.1 Litecoin to USD

As per the current price of Litecoin and the exchange rate, the value of 0.1 LTC is approximately $4.67. Over the past week, its value fluctuated between $4.40 and $5.30. On the other hand, according to the Litecoin price predictions for July, it can reach up to $6.

## 0.1 Litecoin exchange rates for other cryptocurrencies

You can also convert your Litecoins to other crypto tokens or buy LTC with them. Here are the LTC exchange rates for some of the other cryptocurrencies!

## The cost of 0.1 LTC to BTC

You might also want to convert your Litecoins to Bitcoins. Here is the conversion of 0.1 LTC to[ BTC](/coins/btc). The current price of 0.1 LTC converts only to 0.000224 BTC. Both Litecoin and Bitcoin are going through a declining curve. And so, it can be challenging to predict their conversion rate for the coming days.

## The cost of 0.1 Litecoin to PKR

If you need to buy Litecoin through Polker coin, you must know the conversion from LTC to PKR. As of now, the cost of 0.1 LTC in PKR is 476.146. In the previous week, this price varied between 380.525 and 476.146.
## The cost of 0.1 LTC to ETH

Here is the conversion if you want to study the worth of 0.1 Litecoin in ETH at the current rate. As of today, the exchange rate for 0.1 LTC to ETH is 0.00427.
Now that you know the cost of 0.1 Litecoin to USD, please don't buy or sell without conducting your research. This article contains no financial advice. Please refer to your financial advisor or carry out research before investing.


What is the cost of 0.1 Litecoin in USD?

[Verasity’s VRA crypto price today is $0.00538](https://coinmarketcap.com/currencies/verasity/), with a 24-hour trading volume of $11.53 million.
VRA crypto has lost 2.83% in the previous 24 hours. It is currently -19.66% off its seven-day all-time high of $0.006696 and 14.76% off its seven-day all-time low of $0.004688.

VRA crypto has a circulating supply of 4.47 billion and a maximum supply of 10.36 billion.
Verasity provides compensated video player technology to big publishers and gaming developers worldwide. Within a video player wallet, the patent-pending technology enables tokenised incentives (VRA crypto) as well as loyalty systems.

The technology is already accessible for more than 500 games on the Verasity GameStore, as well as major video players that support more than two million video producers.
Its SDK products interface directly with publishers, requiring neither publishers nor users to alter their processes or habits. According to the company, this boosts engagement and income by 35%.

## What is Verasity (VRA)?

The attention-based approach of Verasity generates a VRA crypto token market between viewers, video and game creators, and advertising. It also has a built-in fiat gateway solution in the form of VeraWallet. Verasity B2B products provide SDKs for the following video players on publisher sites: YouTube, Twitch, Vimeo, JWPlayer, Brightcove, iVideoSmart, Kaltura, VideoJS, Flowplayer, and Ooyala, which account for more than 95% of all video players used. Proof of View (PoV) is in the works.

Verasity technology has obvious applications in both the advertising and video-on-demand markets. Global digital ad expenditure reached $455 billion in 2021, with a forecast increase of $70 billion to $525 billion in 2022. Advertising spending globally is expected to exceed $645 billion by 2024, representing Verasity's addressable market.

However, up to 40% of this ad expenditure is wasted due to ad fraud. Verasity seeks to address this issue. VeraViews will primarily guard against fraud in the multibillion-dollar Video Demand sector.

In 2021, a global poll of weekly video content watching patterns discovered that 63% of respondents utilised VoD services either through paid streaming or through online publishers each week, compared to only 30% on traditional cable or satellite television channels. eSports accounted for 27% of respondents' weekly video streaming.

## VRA Predictions

According to analysts, VoD services will produce $120 billion in income in 2022. For the first time, video ad placement will account for more than half of all ad expenditure in the United States, the world's largest advertising market.

Finally, it is anticipated that 2.298 billion users will have access to or a subscription to some sort of VoD service by 2026, representing a whopping 29% of the world's population. That demonstrates the magnitude and future potential of the industry Verasity is entering.

Verasity can tap into the ad business and the larger consumer market through [NFT](/news/category/nft-news)-based assets. Emergen Research has forecasted that this will reach $3.5 trillion globally by 2030 as NFTs are used by corporations and to verify digital ownership across a spectrum of assets.

Bots devour up to 40% of the $455 billion ad expenditure rather than people. That amounts to many billions of dollars in squandered advertising by businesses and marketers, who frequently just reduce the number of commercials they run or reduce advertising budgets to offset their losses.
More than two million video producers are dealing with the issue that companies are no longer willing to spend as much for ad space since there is no reason to assume that individuals see their adverts.

Verasity, on the other hand, identifies ad fraud as it occurs. VeraViews uses more than 200 touch points and AI to assess whether a bot or human is watching an ad or content based on the viewers' behaviour in real-time. Ad fraud is recognised and eradicated instantly, rather than waiting for a post-delivery fraud investigation or asking for reimbursements from publishers.

The Proof of View mechanism also prohibits unscrupulous actors from using various techniques to alter view counts and viewership metrics. Multiple metrics are acquired when viewing the material during the content view evaluation step. 

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VRA Crypto: Understanding Verasity