Early adopters of any project, technology or product, tend to enjoy the services and benefits more than the later adopters. The benefits that are available to early adopters of cryptocurrency users are often enormous. This benefit includes but is not limited to cheap token prices, free units and many other benefits provided by the crypto project developers. Of course, a whole lot of crypto enthusiasts would want to know about crypto launchpad, the benefits they stand to gain and why they should invest in such platforms. Early joiners deserve to…
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How Do Cryptocurrencies Have Value? – The Answer Is Simple
Do you know how cryptocurrencies have real value? The answer is simple. They do not have any intrinsic value. That’s right, the only reason they can be bought and sold on exchanges is because other people think that their value will increase in the future. If you hear about a new cryptocurrency called “Red Coin,” it has a market capitalization of $234 billion. What makes this particular cryptocurrency stand out among the others? It’s because it has a unique feature or function that its competitors do not have. Other cryptocurrencies…
Read MoreThe Industrial Giants That Endorse Bitcoin
Cryptocurrency keeps making a boom in the market, attracting even retail investors to join the crypto ecosystem. The major investors of this growth circle are industrial giants. These giants have their focus on cryptocurrencies, mainly Bitcoin, because of the benefits therein. That is why they continue to invest in Bitcoin as a cover against inflation comprehensively and inspect the blockchain network. Without a doubt, the involvement of these giants is evident that Bitcoin is here to stay and growing stronger by the day. But, who are these giants? Below is…
Read MoreThe Cryptocurrency Is Hiking Prices
While the COVID-19 pandemic continues to be the downfall of the global economy, the crypto market continues to record gains. Many cryptocurrencies have emerged to cater to the high demand for Bitcoin and other cryptos because of this pandemic. Cryptocurrency market funding powered by Bitcoin’s growth just surpassed the $1 trillion mark. From this significant growth, Bitcoin is responsible for approximately 69% of the total market share. Moreover, nearly six months ago, Bitcoin’s price was $7800, and currently, the price is at 32500, which is roughly a 400% hike in…
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