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5 Best Crypto to Stake for Maximum Returns 2023 – Huge Passive Rewards

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Join Our Telegram channel to stay up to date on breaking news coverage Staking is an effective way for crypto investors to generate passive income while supporting the security and decentralization of blockchain networks. Making their money work for them is something that investors always strive for. Nothing is better for crypto investors than the chances for passive income provided by the best staking coins. How Staking Works Staking can be done in two different ways, but one is much more complex than the other. The simplest option for the majority of users will be to stake through a cryptocurrency platform like an exchange. Simply deposit your coins and agree to stake them. The alternative involves setting up your own staking node, which requires expertise as well as knowledge. When staking on your own, you can potentially encounter staking minimums that are out of your price range. On a significant platform, that ought to be no issue. However, when you stake your tokens,

WOID Is Not All It’s Cracked Up To Be, But This Coin May Well Be

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Join Our Telegram channel to stay up to date on breaking news coverage The cryptocurrency world continues to witness groundbreaking innovations as AI-Generated coin emerges as the trailblazers of a new era. WOID is the latest innovation, a worthy contender and a state-of-the-art digital asset. It uses blockchain technology and AI  to reshape the current monetary system and alter our understanding of digital currencies. Meme coins make up a sizable portion of the crypto market valuation. Some traders avoid them, but others keep them in mind hoping to achieve wealth quickly. The latter has occurred multiple times during the history of crypto trading. The dynamic digital asset WOID has recently reached a major milestone, becoming the top on DexTool’s highly regarded Hot Pair List. DexTool, a respected decentralized exchange (DEX) analytics platform, provides valuable insights into the performance of various tokens and trading pairs. WOID’s emergence as the top-ranked pair at DexT

BRICS Currency Could Make the U.S. Dollar Lose Its Global Reserve Status

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The BRICS alliance is looking to launch a new currency to take on the U.S. dollar’s global reserve status. The soon-to-be-released BRICS currency will be accepted by developing countries ending reliance on the U.S. dollar. Developing economies in Asia, Africa, Latin America, and Europe could begin to settle global trade with the new BRICS currency. The move could send the dollar into a tailspin and reduce the demand and supply in the international markets. Also Read: Europe Might Get Ready to Accept BRICS Currency U.S. Dollar Might Lose Reserve Status to BRICS Currency, Predicts Economist Lord O’Neill Source: Unsplash British economist Lord O’Neill warned that the U.S. dollar could soon lose its global reserve status to the yet-to-be-released BRICS currency. According to O’Neill, the Chinese Yuan and Indian Rupee could strengthen and become “much more important currencies for the world.” The economist stated that the de-dollarization proposed by BRICS could reshape the

XRP’s Price Will Soon Break the $0.60 Barrier, Predicts Trader

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The crypto trader and analyst KALEO predicted in a tweet on Saturday that XRP price will soar to above $0.60 in the next few days. Shortly after making the post, he added an update to his XRP technical Analysis , noting that XRP broke above a bullish channel on an XRP/BTC chart. As a result, the trader believes that XRP will continue to rise. At press time, CoinMarketCap indicated that the remittance token’s price stood at $0.5329. This was after it had printed a 1.60% gain in the past 24 hours, which was a period that saw many cryptos’ prices drop. This positive price movement added to XRP’s already-positive weekly performance, boosting the total weekly gain to +10.92%. The altcoin also strengthened against the two market leaders Bitcoin (BTC) and Ethereum (ETH) over the last day. At press time, XRP was up 2.86% against BTC and 3.14% against ETH. 4-hour chart for XRP/USD (Source: TradingView) From a technical perspective, XRP’s price was able to flip the key resista

Cryptocurrency markets’ low volatility: A curse or an opportunity?

The cryptocurrency market has been experiencing low volatility for the past two months, but does that mean investors should just sit and wait? Cryptocurrency markets are well-known for their volatility, where large price swings help investors create or lose fortunes. Yet there are often periods of relative stability where the tight price action bores some while being an opportunity for others. Since the beginning of the year, Bitcoin’s (BTC) price has soared by over 60%, climbing from around $18,000 to over $27,000 at publishing time. However, the cryptocurrency has been stuck in a narrow range for the past two months, fluctuating between $26,000 and $29,000. It has occasionally attempted to break out above $30,000 but also faced some dips to $25,500. According to CCData, Bitcoin’s volatility has dropped to 48.2% this year from 62.8% last year and from 79% in 2021. The cryptocurrency’s average daily change so far this year has been steady, with gains of 1.68% and losses of 1.93%. /1

Wall Street Memes Raises $3 Million In 8 Days—Next 100x Crypto?

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Join Our Telegram channel to stay up to date on breaking news coverage Wall Street Memes is an emerging coin that analysts believe will be the next meme king, having raised over $3 million in just 8 days since its launch. Wall Street Memes’ early success has already been compared to the ultra-popular Pepe coin, which provided exponential profits for investors in mid-April. Wall Street Memes surge in presale indicating early success Wall Street Memes presale only began on May 26, but investors have been rushing to get a hold of WSM tokens while they are still cheap. Wall Street Memes excelled early on, with 1 billion WSM tokens split across 30 phases in its ongoing presale initiative. Wall Street Memes has generated over $3 million in capital in just one week after its presale launch, selling the token for a price of $0.0268. The token’s price will continue to rise until a final phase sells it for $0.0337. Wall Street Memes presale event aims to raise $30 million. Mfs who’v

AVAX Sees 1M Active Monthly Users for the First Time Ever

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A crypto Analysis platform, Satoshi Club, revealed in a Tweet yesterday that Avalanche (AVAX) reached a huge milestone recently. According to the post, the AVAX blockchain had crossed 1 million monthly active users for the first time in the project’s history. AVAX monthly active users (Source: Twitter) This could have a positive impact on AVAX as 1 million active users signifies increased adoption and market perception, potentially attracting more users, developers, and investors.CoinMarketCap indicated that AVAX was one of the many cryptocurrencies that experienced a price increase over the past 24 hours of trading. At press time, the altcoin was worth about $14.43 after a price rise of 2.45% over the past day. This performance from AVAX enabled it to strengthen against the two market leaders, Bitcoin (BTC) and Ethereum (ETH), by about 1.51% and 0.77% respectively. AVAX’s price increase was also able to flip its weekly performance back into the green to 2.25%. Mea