• WEMIX is a blockchain-based gaming ecosystem with a market capitalization of over $651 million.
• Currently trading at $2.66 per token, WEMIX is up to 19.84% in the last 24 hours and has a maximum supply of 244,969,805 coins.
• Technical analysis for WEMIX suggests that the digital asset is currently in an overbought region and will increase in value in 2023.
WEMIX: An Overview
WEMIX is the native token of the Wemix blockchain-based gaming ecosystem, which has a market capitalization of over $651 million, making it the 211th most valuable coin in the crypto space. Currently trading at $2.66 per token, WEMIX is up to 19.84% in the last 24 hours and has a maximum supply of 244,969,805 coins.
WEMIX Price Prediction: Is A New Rally Imminent?
Will the digital asset soar past its all-time high of $24.68 recorded on November 21st 2021? There are signs that the crypto market is set to enter a new bullish age and WEMIX could follow suit as it could attract much attention due to its fundamental factors – on-chain development – which frequently acts as a driving force for its growth.
As mentioned earlier, WEMIX currently stands at $2.66, with a 24-hour trading volume of slightly above $33 million and a maximum supply of 244,969,805 coins. As of press time, the WEMIX token is trading above both 200-day simple moving average (SMA) and 50-day SMA; indicating BUY signals since February 15th & January 20th 2023 respectively The relative strength index (RSI) for WEMIX currently stands at 82.84 suggesting that it is overbought while Moving Average Convergence/Divergence (MACD) indicator shows sell signal which aligns with RSI indicator indicating an overbought position for WIMEX token’s current forecast indictors suggest that this asset is suitable for investment in 2023 .
On Chain Development
Wemade Tree developed by innovative decentralized gaming company aims to provide seamless network integrating game features with blockchain technology offering experience driven services as well as real plus for developers who can leverage multi chain structure continuity enabling them create great projects without having worry about asset continuity across various networks .
In conclusion , technical analysis suggests that investing in WIMEX tokens may prove beneficial in 2023 however before investing , one should consider on chain development factors which often act as driving force behind success or failure or any crypto venture .
• Recent whale activity has prompted speculation that a potential rally in Cardano’s price could be on the horizon.
• The Cardano Foundation recently released plans to increase the adoption of blockchain technology, as well as progress being made on its roadmap.
• Unique account growth on Cardano’s decentralized applications is showing signs of increased popularity and success.
Recent Whale Activity in Cardano
Recently, there has been a significant increase in whale transactions on the Cardano blockchain. Wallets holding between 1 million and 100 million ADA have been actively buying and selling the coin, leading to speculation that a potential rally in ADA’s price could be on the horizon. Some analysts believe that the increased demand from large investors could lead to a sustained price increase of Cardano.
Cardano Foundation Plans
The Cardano Foundation recently released plans to increase the adoption of blockchain technology. According to their Twitter post, they aim to make the network a strong base for social and financial systems now and into the future. Furthermore, recent progress has been made on their roadmap such as with their smart contract functionality launch in September 2021 and Alonzo upgrade release.
Unique Account Growth On DApps
A chart was shared by Cardano Daily showing an increasing number of unique accounts using their decentralized applications (Dapps). Indigo Protocol was shown as having the most significant growth both in terms of percentage (133%) and actual numbers (1.6K accounts). This indicates an increasing popularity, success, and growth for these applications.
Potential Impact On ADA Price
With this surge in whale activity comes speculation about what kind of impact it will have on ADA’s price trend long-term. It is assumed that larger investors buying up large amounts of ADA can cause a sustained bullish trend over time; however, this cannot yet be confirmed until trends are seen over time.
At present it is unclear what kind of effect an influx of whale activity will have on ADA’s price trend long-term; however it does seem to signal confidence from large investors which is often taken as an indicator for sustained bullish trends. With ongoing efforts from The Cardano Foundation working towards increased adoption of blockchain technology this may indeed create positive momentum going forward which could bolster prices further down the line
•Bitcoin (BTC) price rose to $23,4K after a recent downtrend.
•The bulls are protecting the present support levels of $22,800 and $22,400.
•Microstrategy Incurs a $1.3 Billion Paper Loss Despite Its Refusal To Stop Trading Bitcoin.
Bitcoin Price Rises To Hit $23.4K
Bitcoin’s price is regaining ground as BTC price rises to hit $23.4K. BTC/USD fell to a low of $22,620 on February 6 as investors purchased the dips. At the time of writing, the price of one Bitcoin is $23,218.00. The biggest cryptocurrency would drop below its last bottom at $21,200 if bears break below the crucial support levels but as long as Bitcoin maintains its position above key support levels, it is likely to continue moving upward.
Bitcoin Price Statistics Data:
•Bitcoin price now – $23,218.82
•Bitcoin market cap – $447,716,375,906
•Bitcoin circulating supply – 19,284,550 BTC
•Bitcoin total supply – $487,521,831,213
•Bitcoin Coinmarketcap ranking – # 1
Resistance and Support Levels
Resistance Levels:$50K$, 55K$, 60K$Support Levels:$25K$, 20K$, 15K$
Bulls Protecting Support Levels
Buyers were able to hold above the support level of 22 K 800 and end the negative trend run .Yesterday ,the price surge led BTC up to 23350 before being stopped .This high provides resistance for further upward movement .A rebound back above 24 K will be expected if bullish momentum is maintained .
Microstrategy Incurs a loss on its first-ever bitcoin sale last Quarter but stated it was done in order to generate tax loss .Despite having over 1 billion dollars paper loss on their bitcoin assets ,the software analytics company refused to stop trading Bitcoin .
• Calvaria successfully raised $3 million in the last stage of its presale
• The tokens will be available for claiming at launch, which is on February 7th
• The initial exchange offering (IEO) on BKEX Global will take place soon, with listings on LBank, Uniswap and Changelly to follow.
Calvaria’s Successful Presale
Calvaria has successfully raised $3 million in the last stage of its presale. The increasing interest in the project has now come to an end, and positioned for listings on a several different exchanges in the following days. Tokens will be available for claiming at launch, which is on February 7th.
The Initial Exchange Offering (IEO) on BKEX Global will take place soon, with listings on LBank, Uniswap and Changelly following shortly after. Calvaria’s official Twitter page confirmed the dates and exchanges that they will be listed within the next fifteen days.
BKEX Global – RIA Presale Event
BKEX will launch RIA (Calvaria) Presale Event in Seed Incubator. The details are as follows: Event time: 14:00 ~ 18:00 02/07/2023 (UTC+8), Trading open time: 19:00 02/07/2023 (UTC+8), Trading pair: RIA/USDT. The deposit and withdrawal will be notified in further announcement.
Calvaria Free Play-to-Earn Mini Games
Calvara has started a series of mini games that will be released monthly since they recognize that the community is their project’s cornerstone and want to keep them interested. Users can enjoy a free game while competing in tournaments to win tokens and monetary rewards such as Cabesitas and Cabeza Loca mini games currently available on Telegram.
All things considered, Calvara’s presale was successful raising $3 million with tokens being made available for claiming at launch which is set for February 7th followed by IEOs taking place over several different exchanges within 15 days afterwards. Moreover, users have access to free play-to-earn mini games where they can compete against other players while earning tokens or money rewards.