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2023 started with optimism for the larger part of the cryptocurrency industry, and crypto gaming tokens have been no exception. Notably, gaming tokens with the highest market capitalization have recorded an average price increase of more than 100% in January alone.
Other than buy and hold, what was the first method crypto users ever used to make money? Stumped? It's mining.
Key Points: A well-known trader believes smart contract platform Solana (SOL) and two Altcoins flying under the radar have more upside potential. Cantering Clark, a pseudonymous Twitter user, warns that traders who continue to bet against Ethereum will be blasted out of their holdings by a short squeeze.
Bitcoin (CRYPTO: BTC) traded slightly higher, with the cryptocurrency prices remaining above the key $22,000 level on Monday. Ethereum (CRYPTO: ETH), also edged higher, trading above the key $1,600 mark on Friday.
Prominent asset is actively moving upward amid recovery of NFT industry
A widely followed trader says he sees more upside potential for smart contract platform Solana (SOL) and two tokens flying under the radar. Pseudonymous Cantering Clark tells his 158,900 Twitter followers that traders who continue to bet against the Ethereum rival will likely be blown out of their positions by a short squeeze.
Trying to sell the next FTX? The following three crypto tokens are at risk of a massive selloff that could plunge their value.
STEPN's bull run continues as the price of GMT tokens has just gone up 8% to $0.471 in the last 24 hours. This marks another significant milestone for the digital currency, which has seen its value increase exponentially in recent months.
Bitcoin price after surging above $18,000 to mark highs at $18,385 is facing some bearish action, due to which the price has dropped slightly. However, the price of the majority of the altcoins has been inflated to a large extent. The ETH price swelled beyond $1400 while DOGE made it above $0.08.
Bitcoin [BTC] saw a lower timeframe rejection just above the $17.3k mark. Yet it was likely that BTC would make another push higher toward the $17.6k resistance mark.
Stepn is doubling GST rewards and releasing exclusive sneakers to end the year on a high note.
The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Bitcoin faced rejection at the $17.3k short-term resistance zone. It slipped below the $17k mark, and altcoins faced selling pressure in the past couple of days as well. STEPN token GMT has witnessed a strong bearish trend in recent months. The next couple of days were likely to see losses too.
These cryptos to sell are among the riskiest bets in the high-risk crypto market right now, given the high-profile collapses we've seen.
Stepn COO Shiti Manghani speaks to Decrypt's Stephen Graves at Solana Breakpoint in Lisbon to discuss how the move-to-earn app is weathering the bear market, its partnership with sportswear manufacturer Asics, and creator royalties on NFT marketplaces.
ASICS has announced the launch of the ASICS x Solana UI Collection that includes a pair of custom-made, limited-run GT-2000 11 running shoes, as well as the chance to win a limited edition Solana NFT.
The physical shoes are available to order using USDC on Solana Pay.
In a market plagued by a severe decline in profile picture (PFP) NFTs and general disinterest in volatile assets class, Find Satoshi Lab (FSL) made an important announcement. The company behind STEPN, announced the launch of “MOOAR”, on 1 November.
Continue reading Stepn's Parent Company Inaugurates Dedicated Subscription-Based NFT Marketplace at DailyCoin.com.
Several weeks ago, reports started to circulate that the popular move-to-earn app, STEPN, was reducing the amount of staff it had and focusing on its parent business, Find Satoshi Lab, and fresher initiatives. Representatives of STEPN, however, refuted the claims and stated that those fired were voluntary ambassadors who had been inactive for months.
A multichain nonfungible token (NFT) marketplace called Mooar was launched by Find Satoshi Lab (FSL), a Web3 gaming and development firm established in 2021 to bridge gap between Web2 and Web3.
Mooar looks set to offer an alternative to the optional-royalty model which has become commonplace. The post Stepn founders' bright idea for its new NFT marketplace: compulsory royalties appeared first on The Block.
StepN was one of the cryptocurrency sector's big success stories when it launched in March this year after extensive beta testing. Users quickly flocked to the Solana-based move-to-earn platform (M2E) by the thousands, enticed by the ability to earn actual money simply by exercising.
After peaking in popularity this summer, STEPN now faces a more uncertain outlook.
