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Real Vision founder Raoul Pal says ethereum could rally as much as 300% into the year end
Raoul Pal, Real Vision founder , said on Wednesday he could see ether rallying by as much as 300% into the year end from its current level around $4,100 right now.
The native token of the ethereum network is on course for a stellar year. So far in 2021, it’s gained almost 500%, compared to the roughly 100% rise in the value of bitcoin. Ethereum’s faster transaction speeds, lower fees and versatility in running anything from decentralized finance applications to hosting non-fungible tokens has made ether hugely popular among investors. Some say it could eventually overtake bitcoin in terms of market capitalization, in an event known as “flippening”
Real Vision founder Pal, a huge crypto bull who has over 700,000 followers, is even more enthusiastic on ether’s prospects. He compared the potential gains over the final weeks of this year to those in bitcoin back in 2017, when it soared by 150% between mid-November and the end of the year’s then-record just below $20,000.
Cardano Founder Says Metaverse Is Important For Crypto
Cardano founder Charles Hoskinson has shared his thoughts on a growing industry, which is the metaverse. The metaverse has been around for a while and has been steadily gaining popularity, especially among gamers. Its cross with the cryptoverse seemed inevitable and this proved to be true when metaverse projects with crypto built into them began to debut in the space.
The announcement of Facebook’s name change has also boosted the space. When the social media giant announced that it was changing its name to Meta, in anticipation of its upcoming metaverse launch, the space seems to have exploded. Metaverse-related tokens like MANA and SAND had surged astronomically.
‘Shouldn’t End Up in Wrong Hands, May Spoil Youths’: PM Modi on Bitcoin at Sydney Dialogue
Prime Minister Narendra Modi on Thursday said that India’s industry and services sectors are undergoing massive digital transformation. Citing the example of bitcoin, the PM urged nations to work together on the issue of cryptocurrency and ensure it does not “end up in wrong hands that can spoil our youth”.
“India’s industry and services sectors are undergoing massive digital transformation using technology for conversion of resources and protection of biodiversity,” PM Modi said at Sydney dialogue.
Last week, PM Modi had chaired a high-level meeting to discuss issues related to bitcoin and put forth their concern over the unregulated crypto market in India and what it can lead to.
Blockchain-Based Social Network Viblos to Launch Beta Version in March 2022
In today’s day and age, social networks play an immense part in people’s lives. However, some privacy issues and other concerns have surfaced and become problems that many centralized bodies have yet to address.
Somewhat unexpectedly; the need for a decentralized network has emerged, leaving many to try and grab a piece of the pie. With the fierce battle for market dominance that’s about to take place; some projects are trying to get the upper hand by launching certain incentives.
Such is the case with Viblos — a social network that aims to become “the place to be” for users striving for democratized free social networks and provides its users with various streams for earning passive income.
HuskyX meme coin latest crypto to to rise exponentially
On November 15; HuskyX became the latest meme cryptocurrency for attaining sudden and exponentially high prices within a matter of 24 hours. The dog-themed meme token (HUSKY) shot up 67,000 percent. The daye before, on November 14,The digital token was trading at $0.000000008738 and increased to $0.000001485 within 24 hours. The traded volume of the counter also increased to 3,450 percent as tokens worth $1.06 billion sold off in a day on November 14 Its market capital swelled to $1.5 billion on November 15.
New Ethereum-to-Cardano Bridge Will Provide NFT Creators Eco- friendly Options