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how to become an expert and achieve high profitability



how to become an expert and achieve high profitability

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Blockchain instruments do not resemble in any way traditional assets like equities, bonds, real estate, or other cash equivalents. Therefore, comprehending the change in market behavior is a problem that cannot be approached using the same analytical techniques as for traditional assets. We require a new type of study that condenses data from the open blockchain to provide distinct viewpoints, powerful trading tactics and position management.

We can now extract huge data sets from the public ledger of each asset thanks to on-chain analysis. Despite the tiny sample size, we are nevertheless able to record every previous on-chain action. The gathering of blockchain data is essential for analyzing investor and market sentiment. Whether you are a seasoned cryptocurrency trader or not, finding undervalued/overvalued coins requires the use of simplified data.

This post will go through every aspect of on-chain analysis and assist you in getting started with some of the top on-chain resources and analysts available at the moment. Let’s get going.

On-Chain Analysis: What is it?

On-Chain is a singular analysis that establishes a macro view of the cryptocurrency market by taking into account an asset’s ledger and an immutable record of market dynamics. On-chain analysts evaluate supply and demand dynamics, human behavior, buying/selling trends, and miner activity using this radically transparent information.

We may actually develop potential viewpoints to comprehend this open market by having a flawless recollection of every transaction, every trade, and every timestamp. You don’t need to be a data scientist or programmer to undertake on-chain analysis; all you need to know about crypto networks is how they work and how users interact with them.

On-Chain Analysis’s Past

While the majority of the advanced on-chain tools were created over the last three to four years, some of the measures still in use today date back to 2011. We were able to determine when coins were destroyed thanks to the bitcoin valuation metric for indicating the age of bitcoin addresses. The Network Value to Transaction (NVT) ratio, one of the most well-liked measures, was created in 2017 by Chris Burniske and Jack Tatar.

We can precisely calculate a cryptocurrency’s utility value using the NVT ratio, and it also aids in determining the blockchain’s transactional utility.

We frequently compare the NVT ratio to the price-earnings ratio, which is related to equities and may be used in a similar manner to identify companies and coins that increase value. To improve the accuracy of this particular statistic, several iterations were performed. Take the Network Value to Transaction ratio Signal (NVTS), a statistic created by taking the 9-day moving average, as an illustration.

The most recent increase to this statistic was made by Coinmetrics, one of the greatest on-chain tools in the industry, who also employed free float supply to boost the ratio.

There are numerous metrics you can employ to develop various perspectives on the market, and the most of them are based on the idea of UTXOs (Unspent Transaction Outputs). However, because the account models for these networks are difficult to manage, we have trouble creating metrics for Ethereum and ERC-20 tokens.

Though the on-chain community has seen numerous new developments, not much has remained the same. The field of blockchain archaeology is still in its infancy. We have a small number of specialist roles that can generate unique concepts and ideas as well as analyze and translate microdata into macrometrics.

Best on-chain metrics you can use

No on-chain analyst adheres to any guidelines or structures. To forecast market movement, each trader uses a different set of on-chain measures, but practically all cryptocurrency traders rely on a small number of key indications. Here, we’ve included a collection of the most insightful on-chain measures that offer a wider view of the market:

Market cap

An asset’s market capitalization establishes its overall network worth and aids in our understanding of other factors like adoption, market size, and risk. Although there might not be a direct correlation, it is utilized to identify various network properties. The price of an asset and its entire circulating supply are simply multiplied to determine the total network value.

Realized Capitalization

As the transaction outputs are only valued at the price at which they were last changed, this is a variation of the original market cap statistic. The coin’s current worth is not taken into account. All coins that are idle in the network are removed when the market is fully capitalized. Any particular chain’s economics is also impacted by this. If the idle coins were used, their value would be restored to market value, considerably raising the realized ceiling.

Phases of the Market & Cyclical Bottoms

In many situations, the realized cap is used to comprehend market stages and forecast accumulation periods. Based on realized cap data, we have highlighted the following three market periods for you to be aware of:

Bull Market: The definition of a bull market is simple: If the realized cap keeps rising, the market is said to be in a bull phase. Technically speaking, this means coins that were purchased for far less than their current worth are used.

Bear Market: Similar to this, a market is said to be in a bear phase if the realized cap continues to decline. This typically occurs when brand-new players enter the market by purchasing coins through off-chain exchanges.

Accumulation Phases: Long-term holders and wise investors buy as many coins as they can throughout these phases, which ultimately serves as support and illustrates an upward trend in the market cap.

We know a cycle has bottomed out when the market cap is trading below the realized cap. We saw that the realized cap coincided with the bear market floor in 2011 and again in 2013. During the market bottoms and accumulation phases, the realized cap served as both resistance and support in this instance.

Ratio of Market Value to Realized Value

MVRV ratio is a straightforward statistic used to identify market peaks and troughs. We can tell when a price is overvalued or undervalued based on the ratio of market value to realized value.

The MVRV-Z score is used to determine an asset’s valuation, and it is calculated as follows:

MVRV-Z Score =  Market Cap – Realized Cap

The LTH-MVRH and STH-MVRV advanced measures were created by utilizing the original MVRV ratio. We may evaluate the actions of long-term investors and short-term investors, respectively, by employing these indicators.

Spent to Output Profit Ratio (SOPR)

SOPR is one of the most popular metrics for determining macro market sentiment and profitability over time. The ratio is created by comparing the coin values realized and at the moment of UTXO generation. For any on-chain investigation, SOPR is crucial since it clarifies daily and hourly market behavior.

You should keep in mind the following patterns and frameworks when using SOPR:

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  • When SOPR exceeds 1, market participants make money (on average), indicating they are selling their goods for more than they paid for them. Conversely, when SOPR is less than 1, market participants (on average) experience losses, which shows they are selling for less than they paid.
  • Selling coins at a break-even price when SOPR reaches exactly 1 (on average).
  • Assets that represent an illiquid supply are currently in circulation while the SOPR keeps rising.
  • When the SOPR keeps falling, it’s indicating that coins that are profitable are not being traded or that market participants are suffering losses.

Net unrealized profit or loss (NUPL)

The NUPL is used to assess the network’s condition. We can determine the network’s profitability by computing the difference between realized earnings and losses. The network is in a profit-making state if the NUPL value is greater than zero, and it is in a loss-making condition if the value is lower. When you enter the blue section, you can exit and book earnings. When you enter the red region, you can return.

This statistic also comes in Unrealized loss, LTH-NUPL, and STH-NUPL forms. These can be used to comprehend a certain market niche or to focus on a certain investment demographic.

Puell Mutiple

By contrasting daily coin issuance and the 365-day moving average of daily coin issuance, the Puell Multiple is created. This indicator is valued by many on-chain analysts since it determines miner profitability and income stress.

Profitability of Miners

In order to pay for ongoing operating expenses, new miners must sell their coins. Established mining operations counteract this sell-pressure by keeping extra coins in their treasuries. As a result, we observe that larger capital is absorbing small miners’ sell pressure.

The Puell Multiple will be rising when profits are realized and will quickly surpass the yearly average. We concluded from analyzing historical data that values greater than 4.0 indicate market tops.

Market Bottoms

Puell Multiple is used to assess mining activities and determine market bottoms. It is very difficult for miners to turn a profit and pay for overhead during a protracted bear market. By turning off their hardware, the market conditions drive them off the network. The basic goal of this is to consume less power. They will sell fewer coins and raise their share of the revenue in huge mining communities. Mining profitability has decreased by 50% during the last few cycles, and at that time, the Puell Multiple was less than 0.5. It is now measured to be less than 1.0.

Stablecoin Supply Ratio (SSR)

The stablecoin supply ratio is useful for determining how much BTC is worth. SSR levels below a certain threshold indicate increased buying. Simply said, it serves as a stand-in for the dynamics between BTC and USD.

Network Expansion

Although network expansion is a straightforward statistic to calculate, it provides a more comprehensive view of the market. It is used to spot assets that are gaining or losing traction and represents the adoption of cryptocurrencies over time.

Ethernet network expansion

Bitcoin Correlation

This measure is mostly visible on intotheblock. The Correlation to the BTC indicator enables us to evaluate how various assets are impacted by changes in bitcoin’s price. We can see the statistical link between two variables using this metric. It is indirectly proportional to bitcoin if it is smaller than one. We see a positive link if the number is nearer to one. Correlation to BTC aids investors in reducing risk. When the price of BTC plunges sharply, we can take the appropriate actions to limit losses to assets linked to it.

Best 5 On-Chain Tools

You can experiment with the many on-chain tools that are currently accessible now that you have a basic understanding of on-chain analysis and the metrics used to evaluate the market. The top five on-chain tools are given below:


One of the top on-chain data and intelligence solutions, Glassnode offers a live data explorer as well as a variety of analytical metrics for various assets. On glass node insights, they publish a weekly issue that offers both a qualitative and quantitative assessment of the market. Additionally, they provide in-depth articles about well-known blockchains and digital assets, which are useful to study in order to comprehend markets using historical data. Right now, you can open a free account and gain access to a number of indicators. The advanced plan ($39) and the professional plan ($799) are your two investment alternatives.


Santiment is an innovative on-chain solution that is accessible to both developers and traders. Developers get access to technical documentation about logic, algorithms, and several other Santiment measures, while traders have access to a different set of use cases and tutorials. Additionally, the site provides a variety of solutions to assist traders with crypto analytics. For spreadsheet plugins and requesting data batches, you can use Sansheets and SanAPI, respectively. Surprisingly, Santiment offered SAN tokens as well to counteract the existing price projections, and they intend to add stalking and burning features.


One of the most reliable on-chain systems for data and insights is Coinmetrics. It was started in 2017 as an open-source initiative with the goal of giving public blockchains economic value. They now offer a variety of products and services to support their mission and vision and assist customers in making well-informed crypto investment choices. The four primary services provided by Coinmetrics are risk management, indexes, network data, and market data. In order to make it easier to track data and cryptocurrency values, they also have a smartphone application.


Using many measures, including exchange flows, miner flows, bank flows, network data, and market data, Cryptoquant analyzes bitcoin, ethereum, stablecoin, and altcoins as a whole and provides an overview of network state. You can select from their four plans: basic, advanced, professional, and premium. Custom notifications are the key distinction between these programs. Each measure has various alerts that traders may set up to notify them when it rises or falls outside of predetermined boundaries. All metrics are available in the free edition, but there are no personalized notifications or premium features.


Intotheblock produces accurate reports and offers market insight for the cryptocurrency sector by utilizing data science and AI. It offers consumers directional price forecasts, Defi market statistics, and market sentiment analysis in addition to blockchain analytical tools. Any novice cryptocurrency trader may easily navigate through the various financial and network data thanks to the application’s user-friendly design.

You should follow these three on-chain analysts on Twitter

Willy Woo

When it comes to sifting through blockchains to find investment signals, Willy Woo is among the finest in the industry. In 2016, he began working as an on-chain analyst and became fascinated with the technological aspects of the bitcoin network. He currently writes forecasts every two to three weeks for his paying subscribers. Willy Woo has an engineering degree with honors and twenty years of experience as a tech entrepreneur, which make him an authority on on-chain.


Checkmate, one of the most prominent on-chain analysts on Twitter, collaborates with Glass Node to produce newsletters and weekly issues. Everything you need to know about on-chain analysis is covered in his masterclass, and the greatest part is that you’ll join a community of like-minded crypto fans that is constantly expanding.

Will Clemente

Will Clemente, a 19-year-old East Carolina University finance major, offers insights into different on-chain analytics. Every week on his YouTube channel, he and Anthony Pompliano, with whom he works, discuss the state of the market. Will is quite active with his subscriber newsletters and writes for over 27,000 investors. He assists new investors in getting a general understanding of what transpired daily and weekly and primarily employs Glassnode for his research.

In conclusion

On-chain technology will be the foundation of finance in the future, thus it is here to stay and provide market data to crypto traders worldwide. On-chain is still in its infancy, but we can expect a ton of advancements in the years to come. More users will start using on-chain metrics as an extra tool for deal confirmations as more historical data is added and stored there. It is still advised to use the tools mentioned above and look at all metrics, even if you are new to crypto and on-chain analysis. Once the basics are understood, you can delve further, correlate various measures, and develop your own viewpoint on the market. You will always be at a competitive advantage over other players in the bitcoin market if you do this.


Tamadoge – Play to Earn Meme Coin

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  • Earn TAMA in Battles With Doge Pets
  • Capped Supply of 2 Bn, Token Burn
  • Presale Raised $19 Million in Two Months
  • Upcoming ICO on LBank, Uniswap

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The Next Dogecoin Is Here and It Has the Utility to Pump and Pump



Next Dogecoin - Tamadoge (TAMA)

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Dogecoin has inspired a new generation of meme tokens, one of which is Tamadoge (TAMA). The new meme token has garnered massive investor adoption. TAMA, the native token for the Tamadoge gaming ecosystem, is already attracting a great deal of investor demand.

An Introduction to TAMA

TAMA is the ecosystem token for Tamadoge. Launched in 2022, Tamadoge intends to tap into the hype surrounding meme coins.

The platform connects the functionality of blockchain gaming and non-fungible tokens (NFTs) with the sharp gains for which the best meme coins have become known. This way, investors and gamers can both benefit at the same time.

In Tamadoge, players are transported into a virtual world where they can buy NFTs representing digital pets. The objective is to grow and breed the pets, increasing their strength and eventually using them to battle against the pets of other players. As players win battles, they enjoy rewards in the form of TAMA tokens.

TAMA will also serve as Tamadoge’s governance token, allowing community members to stake it and vote on the platform’s future direction.

Starting Strongly

Tamadoge began operating this year. One of the first points of operation was the launch of TAMA’s presale in July, which turned out to be highly successful.

After just eight weeks, TAMA raked in $19 million from its presale. This compared favorably to several established coins, such as Ethereum (ETH), which raised $17 million in its initial coin offering (ICO).

Tamadoge OKX

Now that its presale has concluded, TAMA has begun to receive proper investor exposure. The asset completed its first centralized exchange listing earlier this week, debuting on the OKX exchange. The coin’s price jumped by almost 1,005% in its first 24 hours, going from the listing price of $0.03 to $0.05.

In addition, TAMA’s trading volume has surpassed $10 million already. This shows a significant level of investor demand, making TAMA one of the hottest new cryptocurrencies in the market.

Investors looking to purchase the asset can do so on decentralized exchanges like the OKX DEX and Uniswap. Both platforms accept users worldwide, so TAMA has become a globally accepted coin.

Open OKX Account

Why TAMA Is Set for a Pump

Although TAMA has had an impressive debut, the asset is set for even bigger gains down the line. For one, Tamadoge is gearing up for a full platform launch before the end of the year. This means that gamers could play the game and make TAMA-based transactions.

Tamadoge also intends to launch the Tamaverse – a metaverse iteration where players can mint and create their own digital pet NFTs. With its expansion into the metaverse and NFTs, we believe that this platform could easily become a market leader – and lead to a bull run for TAMA and its investors over time.


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Tamadoge – Play to Earn Meme Coin

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  • Earn TAMA in Battles With Doge Pets
  • Maximum Supply of 2 Bn, Token Burn
  • Now Listed on OKX, Bitmart, Uniswap
  • Upcoming Listings on LBank, MEXC

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A List of Top 10 Crypto Gainers This Week



Top 10 Crypto Gainers This Week

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With a wave of new investors and positive approaches from major financial organizations, cryptocurrencies have started to show movements again. Despite a bearish sentiment being showcased every now and then, several tokens have increased in price considerably. While investors have been speculating and hoping for the bear market to end, constant waves of volatility seem to have gripped the market for the time being

Some tokens, however, have managed to keep rising in prices due to several reasons over the week. Listed below are the cryptocurrency projects that have seen considerable pump in the past week.

1. Quant (QNT)

Created by Gilbert Verdian in 2018, Quant was launched to connect blockchain and networks on a global level without having to reduce the interoperability and efficiency of the network. It claims to be the first project to effectively tackle the interoperability issue through its blockchain operating system.

Quant had some major announcements and developments this week, which caused the token to spike in price considerably. On 23rd September, QNT, the project’s native token was listed on Coinbase Pro for trading, which exposed it to a wide pool of audiences. Moreover, it recently had an upgrade which allows for interoperability among distributed ledgers.

Quant Price

Due to this, the QNT token managed to rise more than 25% over the week and is currently trading at around $136 with a market cap of $1.6 billion.

Buy Quant

2. Maker (MKR)

Launched in 2017, Maker is created to operate DAI, a community-based cryptocurrency that features a stable value soft pegged to the US dollar. MKR is the governance token of the Maker protocol and Maker DAO which is a software platform and decentralized organization respectively.

Buy Maker

Maker has seen a considerable increase in prices, as investors have been flocking to buy the cryptocurrency following the drop in value of the Pound Sterling and several other economic issues that involve the devaluation of legal tenders. Due to this, the token’s price increased from around $659 to more than $766 within a week.

Buy Maker

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3. Helium (HNT)


Helium is a very popular name in the IoT(Internet of Things) domain. Using the Helium mainnet, low-powered wireless devices can communicate and send data across the network of nodes. The project was launched in 2019 and has seen a considerable increase in popularity, owing to the earning possibility it brought to the table for those who could set up HNT miners within their homes.

Helium Price

HNT had decided to move their entire blockchain to Solana as the ecosystem would help with faster transaction speed and throughput. It also recently had a rebranding for the business front and named it Nova Labs, which acted as a catalyst for investors to speculate growth in the upcoming days. As a result, HNT pumped more than 12% within the last week and is currently trading at $5.18.


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4. Tamadoge (TAMA)

Tamadoge is a project that was launched recently in 2022 amidst the bear market. It managed to gain massive popularity and a huge community within a short period of time. As a P2E game platform that is fully integrated with the metaverse, Tamadoge boasts of several innovative features within its roadmap that have been widely embraced by the audience.

Buy Tamadoge

It also had one of the most successful, presales, and managed to raise more than $19 million within the period. The project is fairly new and has managed to touch upon every shortcoming of its contenders, which has helped TAMA, the project’s native token to grow in terms of demand considerably over the past couple of days.

Register on OKX to buy Tamadoge

5. Ethereum Name Service (ENS)

Initially introduced as a part of the Ethereum Foundation, Ethereum Name Service or ENS become a separate business identity in 2018 under the leadership of Nick Johnson. It is an open, distributed, and extensible naming system completely based on Ethereum.

Ethereum name Server

With ENS, Ethereum addresses like john.eth are converted into alphanumeric codes that are machine-readable. It has been gaining immense popularity recently, as masses speculate the use of ENS to grow considerably in the coming future. This led to an increase in the purchases of domain names, which has caused the demand for the ENS token to go up too.

ENS is currently trading at around $15.5, higher than its price a week ago around $13.8. The project currently has a market cap of more than $300 million.


Your capital is at risk

6. Chainlink (LINK)

Founded by Sergei Nazarov in 2017, Chainlink is one of the most popular cryptocurrencies in the space. It is a blockchain abstraction layer that enables smart contracts that are universally connected. Chainlink allows users to securely and freely interact with data feeds, payment methods and events with the help of a decentralized oracle network.

Buy Chainlink

Chainlink’s market cap currently stands at around $3.8 billion, and is up more than 10% within the week, thanks to its launch of programs that reduce costs, ahead of its staking feature being introduced. At the time of writing, LINK is trading at around $7.86.

Buy Chainlink

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7. Battle Infinity (IBAT)

Battle Infinity has been gaining much traction for not just the past week, but the entire month with the variety of developments it has been announcing to the investors. It is a blockchain NFT-based fantasy sports game, where users can create fantasy sports teams and win if rewards based on the performance of the players in real life.

Tamadoge OKX

Buy Battle Infinity

Launched by Suresh Joshi in 2022, Battle Infinity has been seeing high demand in price following the launch of its staking feature, and celebrity endorsements. The token is expected to have an array of exchange listings too, which has caused investors to buy into the token more aggressively in the past couple of days.

Battle Infinity Price

At the time of writing, IBAT, the native token of Battle Infinity is trading at around $0.0034 and is being speculated to move further up in the upcoming weeks.

Visit Battle Infinity

8. Uniswap (UNI)

Created by Ethereum Developer Hayden Adams, Uniswap is arguably the most popular Ethereum-based decentralized trading protocol. Popular for facilitating a smooth and efficient trade of defi tokens, the project aims to keep token trading completely open and automated for everyone, as long as they hold the required tokens.


Uniswap has enjoyed an 11% pump in the past week, taking its price from about $5.7 to more than $6.4 with a current market cap of more than $4.9 billion.


Your capital is at risk

9. Pancakeswap (CAKE)

Pancakeswap too, similar to Uniswap is an AMM(Automated Market Maker) which was launched in September 2020. It is a decentralized exchange that is used to swap BEP-20 tokens on the Binance Smart Chain. The DEX was launched by a group of anonymous developers with an apparent liking for pancakes.


The new roadmap introduced in July mentioned a lottery upgrade and fixed term staking features being changed to prove more beneficial for the community. The CAKE token has been pumping since the team has managed to stay active on their social media platforms and keep the community updated about any developments within the ecosystem.

At the time of writing, CAKE is trading at $4.88, up from its price around a week ago which was about $4.32.


Your capital is at risk

10. XDC Network (XDC)

XDC Network

XDC Network was founded in 2019 by Ritesh Kakkad and Atul Khekade. This enterprise-grade blockchain has interoperable smart contracts and is EVM-compatible. It was formerly known as the XinFin Network. With a delegated proof-of-stake (dPoS) mechanism and over 2,000 transactions per second, the XDC Network is a highly optimized fork of Ethereum that achieves consensus within two seconds.

XDC Network Price

The project has been making significant advancements in terms of company growth and partnerships. Its recent price hike could be tied to the latest partnership between XDC and ivendPay, which has caused the project to gain traction on several social media platforms.

At the time of writing, one XDC token is worth $0.03 up from its price seven days ago which was around $0.028. The project boasts of a $387 million market cap and has managed to go up by more than 9% within the past week itself.


Your capital is at risk

Tamadoge – Play to Earn Meme Coin

Tamadoge logo
  • Earn TAMA in Battles With Doge Pets
  • Capped Supply of 2 Bn, Token Burn
  • Presale Raised $19 Million in Under Two Months
  • Upcoming ICO on OKX Exchange

Tamadoge logo

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Battle Infinity Locks in Tokens Worth $3 Million Within Days of the Staking Feature Being Introduced



Battle Infinity Locks in Tokens Worth $3 Million Within Days of the Staking Feature Being Introduced

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As the market seems to get back on track again, exchanges and projects have been building their infrastructure heavily in hopes of massive returns for the next bull run. Investors, too have been consistently buying into digital assets of every category within the sector.

While this move surely is surprising, it is also an expected outcome after the last bull run. 2021 saw some projects skyrocketing in value, with a huge number of tokens 10x-50x in price. It not only popularized new categories within the space like memecoins but also managed to create awareness of the concept of blockchain on a global level.

In short, it is evident that investors have started to consider cryptocurrencies as high potential assets and have been comparing their movements with respect to global economic scenarios. However, since cryptocurrencies as an industry are still in their infancy, a way of assuring or correctly speculating its growth can be difficult.

Regardless, several analysts and major financial institutions like JP Morgan and Goldman Sachs have been publicly betting on the sector’s growth. In fact, the last two years have been highly influential for the way cryptocurrencies were looked at until now. Currently, two countries use BTC as their legal tender, and more than 100 multinational companies are directly part of the industry worldwide.

The most common practice by several experienced investors currently as they start stocking up assets for the next bull run is staking. These investors take advantage of staking to passively grow income at attractive rates while potentially winning great returns.

One such project that has gained huge popularity since it introduced the staking feature is Battle Infinity. Since the launch, investors have been flocking to the website to lock their tokens and earn rewards.

What is Staking?

Staking is the process of locking crypto assets for a set period in order to support the operation of a blockchain. Your crypto is staked in exchange for more cryptocurrency. Many exchanges provide this option on select cryptocurrencies. Projects also allow users to stake directly on the website by connecting their wallet and buying tokens directly or depositing them from another platform.

Staking can be done in two ways: by delegating or by validating. When people talk about staking, they generally mean delegated staking since it is easier for the average crypto user. This is the kind that one may come across on the majority of the exchanges.

Battle Infinity Introduced Staking

One of Battle Infinity’s chief offerings was staking, where players could stake IBAT, the platform’s native token to earn rewards and other benefits. This feature was officially launched on the website on 24th September, with the minimum requirement for staking being 8000 IBAT tokens.

Battle Infinity features two types of staking- Flexible and Locked staking. This is not commonly seen in many projects as they generally only consist of one of the two options. However, the project included both types, giving investors the choice to stake however they wish to.

Battle Infinity Staking Feature

Using Flexible Staking, users can stake a certain quantity of tokens on the platform and receive 12% APY. Also, the interest earned on those tokens can be reinvested, or users can withdraw their funds at any time.

Locked Staking requires a user to lock a specific number of tokens for a specific amount of time to receive the entire percentage of APY. If the users wish to unstake before the locked period, a fee of 10% would be charged, and they will also not be rewarded for their staking. While this may sound a bit dull, the feature comes with higher and more attractive APY on IBAT tokens.

At the time of writing, Flexible Staking has a total IBAT deposit of around 373,000,000 tokens, while Locked Staking has over 788,000,000 tokens in its reserve. Flexible Staking currently consists of a 12% APY on deposited tokens. For Locked Staking, interest rates are determined by the time it is deposited. They are-

  • 30 days- 14% APY
  • 90 days- 17% APY
  • 180 days- 20% APY
  • 360 days- 25% APY

Cumulatively, the project has hit $3 million in locked staking. It comes as a reason for excitement among the community since such a huge amount was gained within just 8 days of the feature’s launch.

Tamadoge OKX

What is Battle Infinity?

Created by Suresh Joshi along with a group of experienced Indian developers, much like the popular project Polygon, Battle Infinity is the first ever blockchain-based NFT fantasy sports game hosted on the blockchain.

The project in simple words is the blockchain version of fantasy sports games, which is one of the most popular gaming and skill-based category in the space currently. It aims to provide a fairer, easier and better earning opportunity to users through the platform.

The project has already managed to gain a massive community. One of the major reasons for this is the audits Battle Infinity performs. It got its team verified from Coinsniper, and the contract code audited from Solid Proof helping users to trust the project better.

Battle infinity consists of 6 chief offerings which include-

1. Battle Swap

2. Battle Market

3. Battle Games

4. Battle Arena

5. Battle Staking

6. IBAT Premier League

Price Prediction for IBAT

Currently trading at around $0.0033, IBAT can be speculated to shoot up in prices for various reasons. While the primary reason may be the innovative products by the project, others include things like staking, future listings, influencer endorsements, and, more importantly, the token being a small market cap asset.

IBAT’s market cap is currently around $10 million, which means that the price has an easy chance of spiking 50x-100x in value, with lesser amounts of money being invested as compared to midcap or large-cap tokens. All these reasons may contribute to IBAT’s price being heavily impacted positively in the upcoming weeks.

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Tamadoge – Play to Earn Meme Coin

Tamadoge logo
  • Earn TAMA in Battles With Doge Pets
  • Capped Supply of 2 Bn, Token Burn
  • Presale Raised $19 Million in Under Two Months
  • Upcoming ICO on OKX Exchange

Tamadoge logo

Join Our Telegram channel to stay up to date on breaking news coverage

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