- Advertisement -
The untimely collapse of FTX and its sister company Alameda has had far-reaching effects on the cryptocurrency market. As investors go back to the drawing board, they can consider assets such as Dash 2 Trade (D2T), Trust Wallet (TWT), Robotera (TARO), Chiliz (CHZ) and Calvaria (RIA). These crypto assets could provide relief from the mess left behind by the FTX debacle.
Canadian Exchange Bittwo Backs Out of FTX Acquisition Deal
It appears that no one wants to salvage inactive FTX with BitTwo, A Canadian-based exchange backing out of an earlier agreement To acquire FTX Canada and FTX Trading Limited.
In a press release issued on Thursday, the exchange cited a lengthy regulatory process – and as the reason why the deal could not go through. BitTwo also assured investors and stakeholders that it has had no contact with FTX or any of its affiliated entities and is continuing to operate as usual.
Dash 2 Trade (D2T)
Dash 2 Trade is a cryptocurrency ecosystem designed to take your crypto trading to the next level. The platform allows users to create and test trading strategies, while at the same time keeping track of the latest news and on-chain data.
With Dash 2 Trade, traders and investors can always stay on top of the market. Having access to timely and accurate data often gives market participants an edge over the rest. Dash 2 Trade can truly impact your market performance by empowering you with focused insights into key metrics (on-chain and technical) for trading decision making.
D2T is an ERC-20 token on the Ethereum network Dedicated to empowering the Dash 2 trade platform. With this token, users can access crypto analytics, signals, and social trading features essential to excel in the market.
Dash 2Trade is currently in the third phase of its pre-sale and is trading at $0.0513. In just a few weeks, the team has raised over $6.4 million and is close to meeting its stated goal. D2T price will jump up to $0.0533 in the next pre-sale phase ahead of its listing on the exchanges.
Trust Wallet Consolidates Price Benefits
Trust Wallet price climbed to $2.40 after rebounding from the $1.81 support, which was reinforced by the 50-day exponential moving average (in red). The coin traded as high as $2.35 on Thursday before trading at $2.11 at the time of writing.
TWT may hold consolidation between the demand zone at $1.81 and the supply zone at $2.40 unless there is a breakout to the upside or downside. A bullish breakout is likely considering the price is above all moving averages including the 50-day EMA (in red), 100-day EMA (in blue) and 200 EMA (in purple).
In other news, Trust Wallet, a leading self-custody and multi-chain wallet provider, has enabled seamless crypto transfers with Binance Pay and Coinbase Pay. The integration solves a number of problems Trust Wallet customers have been experiencing, especially when transferring cryptocurrency from centralized exchanges.
It is a platform with a close resemblance to the popular sandbox crypto project. It also implies that there will be a metaverse with different properties as part of the world. The founders are initially selling TARO, a native crypto token to power the world’s economy. Later they would sell land parcels and robot characters as NFTs.
Players will have access to custom-built tools that can be used to create assets within the game, meaning no coding experience will be required when building in the Metaverse.
Users can build assets on their land using Robot NFTs as their character in the game. These resources will include TARO mining, developing virtual structures to enhance the landscape, and creating games to be played within these specific geographic locations.
Taro has a pre-sale underway and is selling at $0.020. Within the first two weeks of the pre-sale, the team has raised over $113,000. However, the price will rise in the next leg to $0.025.
Chiliz Price Prediction: Assessing the Chances of a Bullish Move Towards $0.30
Chilies price sits on top of a strong support provided by three moving averages around $0.22 including the 50-day EMA (in red), 100-day EMA (in blue) and 200-day EMA (in purple) .
The bullish outlook for chili price stems from a buy signal sent by the Moving Average Convergence Divergence (MACD) indicator. The position of this momentum indicator above the mean line (0.00) suggests that the buyers have an upper hand. This means that CHZ has not ended its uptrend and is likely to rise to $0.26 (TP-1) and $0.2942 (TP-2), as shown in the chart below.
Calvaria is a crypto project that aims to be at the forefront of bridging the gap between the “real world” and crypto. It focuses on accelerating crypto adoption through a play-to-earn battle card game.
The team hopes to compete in the Web2 gaming market by creating two versions of the game. A game version will be available through app stores such as Google Play and the Apple Store. In contrast, the play-to-earn version (supported by blockchain functions) will accept all players without the barriers to entry that often scare away non-crypto users.
Due to the Decentralized Autonomous Organization (DAO) of the Calvaria ecosystem, the RIA token will also support staking. So users can earn additional tokens just by holding RIA. Calvaria’s pre-sale is 85% complete after raising over $1.7 million.
Bitcoin Crypto Related Post