Elemon (ELMON) Price Prediction 2022 and Beyond

VERDICT: Based on the price analysis and price prediction, it is expected that ELMON has a potential for growth in price that makes it a profitable investment. 

The records suggest that Market Capitalization is low, and the price of ELMON can be very volatile compared to other cryptocurrencies. However, the ELMON token has shown steady growth despite ups and downs. It has growth potential, and it is expected that the prices might increase at a decent speed. It is predicted that it seems to be a profitable investment in the long term. 

However, it is not expected that ELMON would reach $100 soon or within a year. It is predicted that in five to seven years it might reach half of $100. Considering all the records and price predictions given by technical analysts, it’s not expected that the price of ELMON would reach $100 any soon.

Elemon (ELMON) Fundamental Analysis

Blockchain technology and non-fungible token (NFT) have the potential to disrupt the traditional financial and banking system. Cryptocurrency utilizes these technologies to gain more popularity. At the same time, the video gaming industry has introduced NFT and blockchain technology to the public and has increased the number of users of this technology in several ways. Elemon is one of these NFT and blockchain technologies that provide a decentralized payment network. 

In this article, we will go through the fundamental analysis of Elemon (ELMON), how it works, what it aims to do, and market price analysis to know its price value and worth. This article will provide you with all the essential information about ELMON, the market price prediction, and our price prediction based on existing ELMON records. In the end, this article tends to guide you through the process of purchasing Elemon (ELMON). 

ELMON has combined NFT and blockchain technology to create unique and innovative digital features. It is a creative gaming project that utilizes blockchain technology and integrates with NFT or new generation IDLE RPG, enabling players a thrill of gaming and a source of investment that helps them earn a high income.  

ELMON is a financial decentralized payment network hosted on Binance Smart Chain (BSC) that allows users to effectively develop and build their decentralized applications (DApp). ELMON  is an Elemon token founded by Ky Cahn and Chung Nguyen. There is a total ELMON token supply of 2,000,000,000. These ELMON tokens are used for farming points that users can use for NFT redemption. At the same time, these Elmon tokens serve as a payment currency in the NFT market. 

ELMON aims to make blockchain technology accessible for the general public by tokenizing digital creatures, a play-to-earn concept. 

ELMON has various investors and advisors who work together to improve quality and overcome multiple challenges. Some of them are:
Basics Capital
590 Ventures
Crypto Nation
KARDIA Ventures
KIS blockchain capitals
Coin Market Cap
RADA

Elemon (ELMON) Market Price Analysis

The data records suggest that the all-time high price of ELMON is $3.34, whereas the all-time low is around $0.06.
It suggests that ELMON is having a hard time as the recent price records indicate an overall decline in the price.
With this price and a circulating supply of 29.8 million ELMON, the market cap is around $23 million. The fully diluted market cap is around $1.45 billion.

Monero (XMR) Review

VERDICT: Monero (XMR) is the top privacy-centric cryptocurrency based on the CryptoNote protocol, a secure, private and untraceable currency system. Monero uses a special kind of cryptography to ensure that all of its transactions are remain 100% unlinkable and untraceable. In an increasingly transparent world, you can see why something like Monero can become so desirable.

Introduction

Unlike most cryptocurrencies such as Bitcoin or Ethereum, where access to blockchain information is transparent and open to the public, Monero Coin operates in the field of private transactions.

Due to the very complex encryption of data in the Monero coin, no individual or organization is able to obtain information such as the sender and recipient address of the transaction or the amount of tokens sent in the transaction.

The purpose of Monero

Many users of cryptocurrency technology, after the growth and popularity of this market, have faced restrictions such as financial sanctions and pressure to pay taxes. Thus, organizations such as Chainalysis, which have the ability to scan and track transactions in blockchains, have sounded a dangerous alarm for the privacy of users in the cryptocurrency market.

Monero coin has been able to best protect users’ privacy by developing a blockchain in which transactions are encrypted by sophisticated algorithms. With this in mind, the Monero coin is used in all transactions where the parties to the transaction agree to non-disclosure of transaction information.

Another goal that Monero coin pursues is to increase the scalability of its blockchain during network congestion. In the following, in the dynamic scalability section, we will fully explain how and the theory to solve the scalability problem in the Monroe blockchain.

Technology

Monero cryptocurrency strives to provide a free, unsupervised trading environment. To develop this environment, Monero coin uses three technologies: Ring Signatures, Stealth Addresses, and Public Key Display for secure and private transactions.

Ring Signatures

Imagine 10 $1 bills with a thousand fingerprints and only one fingerprint belonging to the person who is the payer. In this situation, there is no way to establish a relationship between the payer and 10 $1 bills with a thousand fingerprints.

This theory demonstrates how the Ring Signatures technology works in Monero coin. By this mechanism, in each transaction, the information of one thousand transactions is mixed together, but this does not cause an error when sending and receiving the transaction.

Stealth Addresses

Imagine writing down a post office box instead of your home and residence address to receive a letter when registering the recipient’s address, and then receiving the letter from there. With this mechanism, there is no way to prove your connection and the letter through the recipient’s address.

In the Bitcoin cryptocurrency, the sender of the transaction must enter the exact address of the recipient’s wallet directly. But in Monero coin, by the Stealth Addresses feature, users can use an address such as a mailbox to receive a transaction and in the term of transactions are not returned to the user.

Public Key Display

The ability for anyone to access the public key in transparent blockchains such as Bitcoin and Ethereum is a big problem for banks or brokers. Because with this feature, the probability of losing customers by their competitors is very high. On the other hand, legislatures and financial crime watchdogs welcome free access to the public key in blockchain technology.

Monero coin has created a win-win deal between legislators, organizations, and users by making it possible to display and access the public key. In this way, investment organizations can provide access to the public key for legislators and regulators to provide evidence of illegal transactions.

Pros

Monero coin can be introduced as one of the most private cryptocurrencies.

It is impossible to track and return transactions to individuals.

Dynamic scalability makes the cost and speed of transactions at their best when the network is busy.

Optional public key display and wallet data.

The technical team working on the Monero project has previously worked on the Bytecoin blockchain and is quite proficient and professional.

Cons

There are not many wallets to support Monero coin.

Monero trades are not supported in coinbase Exchange.

Many black hat hackers and people working on the Dark Web use Monero currency.

There are no completely safe ways to save Monero coin.

Use of Monero coin by countries under sanctions for international payments.

Cardano Price Prediction 2022 January-February

This Cardano (ADA) Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our ADA price analysis and prediction.

Cardano is one of the cryptocurrencies that continue to develop its ecosystem. It is considered one of the busiest platforms this year. As a result, ADA is one of the altcoins that investors eye in the crypto space.

In the midst of the present bearish market, one of the cryptocurrencies that investors are looking forward to for a bullish run is Cardano native token ADA. Due to the increase of the global crypto population by 178% in 2021, Cardano has positioned itself to be adopted through the ability of users to create other native assets in the blockchain and complete transactions without the smart contract. This has enabled to have over 2.5 million native tokens presently. This has enabled ADA investors to receive over 200% return on investment (ROI) in 2021.

Moreover, it seems like Cardano’s “Alonzo” upgrade has a significant impact on investor sentiment. In fact, the upgrade is about smart-contract features and addresses what critics have called one of the network’s most glaring deficiencies. To add on, the price of ADA has surged over the past two months. This is mostly because of the successful Alonzo testnet launch and also the imminent arrival of the Alonzo mainnet hard fork.

Now that we’ve seen the developments of Cardano, will it be a profitable cryptocurrency in 2022? Let’s find out in this CoinQuora Cardano Price Analysis and Price Prediction 2022.

What is Cardano (ADA)?

Cardano is a blockchain-focused network that runs its own mainnet. Moreover, the crypto could perform all the things it thinks necessary for the network without any restrictions. Notably, when it comes to the development of the platform, Cardano is created by the Input-Output Hong Kong firm (IOHK). More so, Charles Hoskinson, BitShares developer, and Ethereum Co-Founder, leads the said company. Charles launched Cardano in 2017 and named its blockchain after Gerolamo Cardano a 16th century Italian polymath and its native token ADA after ADA Lovelace a mathematician in the 19th century.

In addition, the Cardano network aims on offering a platform for developers where they could create smart contracts and decentralized applications. Recently, Cardano upgraded to Goguen mainnet, which is a blockchain technology that offers token lock network features.

Added to this, ADA is the native cryptocurrency of Cardano. However, it functions as a means to pay for premium services on the platform. Added to this, users in the network could transfer and trade their funds utilizing various crypto exchanges such as Binance, Upbit, and Digifinex to name a few. These coins can be safely kept in Daedalus, Cardano’s own crypto wallet.

Now that we already have an idea about what Cardano is, let’s look into the price analysis of ADA.

Technical Aspects of Cardano (ADA)

Cardano is being developed in five phases in order to achieve its goal of creating a development platform with a multi-asset ledger and verifiable smart contracts for decentralized apps (DApps). The five phases are each named after influential historical figures, and together they are known as eras. Here is a list of the five phases:

Byron (Foundation)

Cardano’s Phase 1 or Byron was released in September 2017 and was the first release for the general public. In addition, the company launched the Daedalus desktop wallet and the ADA cryptocurrency.

Shelley (Decentralization)

In the second stage, everyone could participate in the verification process of Cardano transactions, which made it decentralized. Shelley officially began in June 2020.

Goguen (Smart Contracts)

In the third era of Cardano, smart contracts and decentralized applications will be offered. The Alonzo upgrade launch represents the roadmap of the Cardano Goguen era. Alonzo upgrade was launched in August 2021.

Basho (Scaling)

Basho aims to add sidechains to Cardano in order to scale it even further. As a result, the main blockchain will be split up into a number of smaller chains called shards.

Voltaire (Governance)

The long-term goal of Cardano is to build an autonomous system independent of IOHK, its parent company. In the following weeks, Voltaire will launch a full-fledged governance system that users can use to decide on new features. When the first phase is completed, Cardano will subsequently be able to build a truly decentralized platform.

Cardano (ADA) Price Analysis

Cardano continues to be one of the trusted digital assets in the crypto world. ADA ranks as one of the top 10 cryptocurrencies in CoinMarketCap.

Cardano’s Moving Average (MA) chart of 200-day and 50-day is shown above. Currently, ADA is in a bullish state. Notably, the ADA 50-day MA is below the 200-day MA (long-term), so it is completely in a bullish state. Therefore, there is a high possibility of a Trend reversal at any time.

The Relative Strength Index (RSI) of Cardano (ADA) is at 41.89 indicating that neither buyers nor sellers are having their ways, since it lies between 30 and 70 which represents neutral. A market reversal could be possible as it approaches the 30 mark that shows that the price is undervalued and is oversold. With this in mind, traders, especially scalp and day traders, can trade with confidence without worrying about a major price reversal. 

Conclusion

Cardano has a bright future ahead of it in 2022. With the ongoing developments happening within the Cardano ecosystem, as well as in the overall crypto market, we may see Cardano reach new heights. 

Bullish Cardano price prediction 2022 is $3.18. It may even reach over $10 if investors have decided that Cardano is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

KuCoin Exchange Review

VERDICT: As a whole, KuCoin exchange has become one of the most popular crypto exchanges across 207 countries and regions in the world. Comparatively, it provides a series of financial services including crypto-to-crypto trading, fiat-to-crypto purchases, futures, staking, borrowing, and many more.

Additionally, the trading platform is also convenient for users on-the-go, as it has a mobile app on both Android and iOS mobile devices. KuCoin exchange also supports various promotion programs and a referral program. Among the promotional programs is a 30% discount that is applied to users’ fees if they use the exchange’s native token, KCS.

On a negative note, the exchange does not allow fiat-to-crypto trading. Yet, the KuCoin exchange’s main attraction is the available trading pairs offered on its platform.

Furthermore, the trading platform has partnered with Arwen to bring users a self-custody option for crypto assets. Rather than rely on a third-party exchange wallet to secure your assets, you can leverage the native security of your digital asset’s blockchain and trade through KuCoin.

KuCoin exchange is one of the top digital asset trading platforms in the world. Furthermore, the crypto exchange flaunts of serving one out of every four crypto holders internationally. Since its establishment, the exchange has expanded its services, hosting over 300 employees in 207 countries.

Presently, the cryptocurrency exchange has global branches spread across the United Kingdom, India, Canada, Singapore, Japan, and Turkey. In fact, to cater to various nationalities, KuCoin’s trading website is translated into 17 languages. These include English, Russian, South Korean, Hindi, Turkish, German, Chinese, and French, among others.

In addition, KuCoin exchange has a wide selection of assets and services, a high number of users and liquidity, and low trading fees. Meanwhile, as of October 2020, the platform has more than 5 million active users. Also, the trading platform has more than 400 markets and supports trades for around 200 cryptocurrencies.

History Overview

Although the KuCoin exchange’s technical architecture was designed in 2013, it began to operate fully in 2017. The crypto exchange was founded by Michael Gan and Eric Don and is headquartered in Seychelles. By all means, the exchange is known as the “people’s exchange”. Hence, it offers low trading fees and an easy-to-use interface for all its users.

Afterward, the KuCoin exchange raised its funds through an initial coin offering (ICO) conducted between August 13 to September 1, 2017. During the ICO, the exchange issued its native token KuCoin Shares (KCS). Following this, nearly $20,000,000 in BTC (at the time) were raised in exchange for 100,000,000 KCS.

Firstly, the ICO price for a single KCS was pegged at 0.000055 BTC. Accordingly, KCS tokens can be used for multiple purposes including promotions on the platform, trading discounts, and as a part of exchange profits. Equally, KCS holders are able to receive exclusive rewards and cryptocurrency dividends on a regular basis.

KuCoin Exchange Platform Interface

As a matter of fact, Coingecko ranks KuCoin exchange as one of the busiest trading exchanges. Significantly, the platform has a combined daily average volume of around 100 million. After all, its objective is to create a simple and safe platform for all its traders.

With this in mind, users can access the platform through a desktop computer and the KuCoin App through Android and iOS.

Supported Cryptocurrencies

Accordingly, the KuCoin exchange keeps expanding its number of digital assets being offered for crypto users across the globe. The numerous supported cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tron (TRX), and Tether (USDT). In addition, the platform also supports NEO (NEO), Ripple (XRP), and its native token KuCoin Shares (KCS), among others.

Undoubtedly, users can directly purchase crypto and stablecoins using various payment methods offered on the platform. Moreover, by utilizing the fast buy feature, KuCoin exchange clients can purchase multiple digital assets with low fee rates. Again, KuCoin enables its users to trade each crypto asset against Bitcoin, KuCoin Shares, and stablecoins such as USDT, USDC, TUSD. Not to mention other altcoins as well.

KuCoin Exchange Deposit/Withdrawal/Trading Fees

To clarify, KuCoin exchange is exclusively for crypto-to-crypto. Therefore, users are not permitted to deposit any fiat except when buying it directly via third-party integrations. On the positive side, the platform does not charge any fee for deposits.

More so, withdrawals are usually processed within 30 minutes. In addition, withdrawal fees are charged depending on the token. Provided that the withdrawal amount is huge, the process is handled manually to maintain the security of user assets. However, the platform does not support fiat money withdrawals.

The trading platform also uses technology that can handle millions of transactions per second (TPS). Furthermore, payouts on the platform should be particularly fast. Also, they last no more than 10 minutes.

Pros

Low trading and withdrawal fees

User-friendly platform

A diverse selection of altcoins

All-round clock customer service

Ability to purchase crypto using fiat

Non-compulsory KYC checks

Ability to stake and earn crypto yields

Cons

No fiat trading pairs

No bank deposits

Dogelon Mars Price Prediction January 2022: Will ELON Reach 1 Cent?

VERDICT: Based on this technical analysis on Dogelon Mars (ELON), we could see the price of ELON have another surge upward in the coming days. The price could head above $0.000002, but it could face strong resistance at around $0.0000022. Other things equal, ELON could soon retest resistance at the all-time high if it keeps this momentum going throughout January.

Monthly Analysis

Throughout December of 2021, ELON was generally bearish. The price declined by around 44%. After finding support at $0.0000009, the price had a bullish breakout of more than 90%. This came as a result of a descending triangle pattern that led to this recent breakout. The trend may now reverse as ELON is looking bullish due to the recent price movement.

Weekly Analysis

In the last 7 days, the price of ELON was quite bullish. It increased by around 94%, and it faced resistance at around $0.0000018. The price retraced by around 20% after that, where it found support at around $0.0000015. We could see the price head upward once again in the short run.

Daily Analysis

In the intraday chart, ELON has been relatively bullish. The price has increased by around 7% in the last 24 hours, where the price has shown high volatility. We could expect the price to keep increasing in the coming hours for Dogelon Mars.

Key Structures

Support

$0.0000013

Resistance

$0.0000019

Indicators

Moving Average

The 20-MA line of a 1-day chart is quite below the price, indicating that the trend has now reversed and that the price of ELON could keep increasing in the coming days, other things equal.

The 9-EMA of a 1-day chart is also currently below the price, indicating that ELON is now bullish and that the price could keep increasing. The EMA line could act as support if the price attempts to retrace in the short run.

Relative Strength Index

The RSI of a 1-day chart is approaching 70, indicating that ELON could soon be overbought if the price keeps increasing. If that occurs, then we could see the price of ELON have another retracement in the coming days.

MACD

The MACD line of a 1-day chart is now above the signal line and above the baseline, indicating that the momentum is bullish for Dogelon Mars. Despite the recent retracement, the lines have not noticeably converged, indicating that this momentum could continue for ELON.

Fear & Greed 

The fear and greed indicator of a 1-day chart suggests that the current emotion of ELON traders is greed, meaning that Dogelon Mars is bullish for the coming days.

XRP Price Prediction 2022 January-February

This Ripple (XRP) price analysis and prediction 2022 is based on the technical analysis alone. Below, you will see some of the metrics/confluences that we have taken into consideration upon coming up with our XRP price prediction and analysis.

In the midst of the present crypto winter, one of the cryptocurrencies that investors are looking forward to for a bullish run is Ripple native token XRP. Due to the growing interest in Central Bank Digital Currency (CBDC), Ripple has positioned itself to be adopted through the private ledgers and cheap cross-border payments it offers through its project Ripplenet.

In recent news, the biggest bank in Morocco-Attijariwafa Bank has entered into a partnership with Ripple to promote seamless payments to its customers with the XRP token.

Would these events and others on the horizon make XRP a good investment for 2022? Let us find out in this CoinQuora Ripple (XRP) price analysis and price prediction 2022 article.

What is Ripple (XRP)?

Ripple is a privately-held fintech firm that offers a global payment solution through its patented payment network called Ripple Network. Moreover, RippleNet is a payment network that is built on top of Ripple’s consensus ledger, called XRP Ledger. More so, Ripple funded the innovation of the open-source XRP Ledger.

Ripple is a privately-held silicon valley tech giant that offers a global payment that reaches both the elites and the unbanked through its patented payment network called Ripple Network. Its native token is called XRP. Ripplenet is a global network that enhances financial transactions through its transparent open-sourced consensus ledger maintained by independent validators at low fees.

Technical aspects of Ripple (XRP)

Transactions within the XRP ledger can be completed within 3-5 seconds. This is opposed to the Bitcoin blockchain where mining fees are high before transactions can be completed due to its adoption of the proof-of-work mechanism.

Ripple node validators include banks, universities, individuals, private payment providers, and cryptocurrency exchanges. Added to this, XRP will not enable users to spend the same amount of cryptos more than two times. This is because the system detects the transaction first and deletes all the subsequent data.

Moreover, the operation of Ripple takes place using gateways. In addition, the gateway performs as an intermediary in the chain of trust between two parties who want to finish a transaction. In specific, banks are the gateways. Even more, the architecture of Ripple is the same as the architecture of the SWIFT global fast payment system.

Now that we have an idea about XRP, do you think XRP will be profitable crypto in 2022? Join me and let us see the charts in this XRP price analysis and XRP price prediction.

Ripple (XRP) Current Market Status

As of the time of writing this Ripple (XRP) price analysis, XRP trades at $0.69 with a 24-hour trading volume of $2,225,198,023. The price of XRP has decreased by 6.75% in the last 24 hours.

Furthermore, XRP has a current circulating supply of 47.66B XRP. Currently, the top cryptocurrency exchanges for XRP are Binance, Huobi Global, OKEx, FTX, Gate.io, Kraken, and Mandala Exchange.

Now, let’s proceed to the next part of this XRP technical analysis for 2022.

Ripple (XRP) Price Analysis 2022

Currently, Ripple holds 8th place on CoinMarketCap. But will the latest upgrades, development, and changes in the XRP blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this XRP price prediction article.

From the Keltner Channel signals for XRP, it could be seen that the next price surge is imminent since the bottom curve is already touching the last candlestick. This shows that the present decrease in the price of Ripple (XRP) is coming to an end and a bullish run is on the horizon.

The Relative Strength Index of Ripple (XRP) chart of XRP is at 31.31 which shows that it is approaching the undervalued or oversold value of 30, which is usually approached before a reversal in price that leads to an uptrend.

Conversely, if the investors go bullish in the crypto, the bulls might take over and enthrone XRP to an uptrend position. In simpler terms, the price of XRP might plummet to almost $0.2017, a bearish signal.

Meanwhile, our long-term XRP price prediction for 2022 is bullish. It has a high possibility of surpassing its current all-time-high (ATH) at about $3.84 this year. However, that will only happen if it breaks many previous psychological resistances it attained the previous years.

Also, it be seen that once this present bearish trend is maintained to a point on or close to support1 level, a double bottom could be formed. If this happens, it should be expected that the price of XRP would get to at least Resistance4 which would give the buyers at that point close to 50% profit.

However, XRP could reverse and trade between the reistance4 price of $0.9065 and the resistance price of $1.9617 soon.

Conclusion

Ripple has a bright future ahead of it in 2022. With the ongoing developments happening within the XRP ecosystem, as well as in the overall crypto market, we may see XRP attain new all-time high prices.

Bullish XRP price prediction 2022 is $1.9617. As said above, it may even reach $10 if investors have decided that XRP is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum since most crypto move in the direction of the Bitcoin trend.

Metahero Review

VERDICT: To determine whether a cryptocurrency is a good investment or not, we have to look at several price factors. For instance, Metahero’s utility is exemplary, and the demand for HERO tokens can only increase due to the mass adoption that has already started.

When looking at future updates of Metahero, it aims to be listed on more major centralized exchanges so that more people have access to it. Furthermore, it is also constantly working on establishing partnerships with various institutional investors and crypto influencers. 

Metahero is also working on another project known as the Everdome. Currently, HERO hodlers benefit from land discounts in the Everdome metaverse. The rise of Everdome can contribute to the further success of Metahero.

When looking at the price pattern of HERO, it has been on the rise from the time that it was launched. It has given plenty of investors huge profits, and it may keep doing so in the longer run. 

Metahero is generally considered a very good investment for the long term.

With the rise of NFTs and the metaverse gaining more attention recently, a lot of metaverse-related tokens have had quite some gains in 2021. Perhaps one of the most promising in terms of its utility is Metahero (HERO).

Since the Metaverse entails that people can connect in virtual reality, they also need virtual characters or assets. Metahero enables users to scan their full bodies and mint that scan as an NFT. You can then launch your NFT in the Metaverse.

Metahero is the first of its kind in the cryptocurrency market. The Metascanning ability comes from Metahero’s partnership with Wolf Digital World, which is one of the biggest 3D scanning companies in the world.

In terms of the team, Metahero’s founder Robert Gryn was previously involved in various blockchain and tech-related projects. His experience led him to come up with the concept of Metahero.

Metahero provides the HERO App and the HEROSwap. The former allows HERO users to easily control their funds, while the latter is a decentralized exchange that users can use to swap their tokens with ease.

Will Metahero Reach $1?

The price of HERO is likely to increase in the future. Since the total supply of Metahero is 10 billion HERO, a price of $1 would see it reach a market cap of $10 billion, which is entirely possible for Metahero even in today’s market. Metahero is likely to exceed this amount in the long run.

Crypto Academy predicts that HERO can reach $1 at one point in 2024, if not earlier. As for the next five years, we predict that the price of HERO can surge upward and reach as high as $10, which would mean a fully diluted market cap of $100 billion. Considering mass adoption, that market cap is attainable for a project with the potential of Metahero.

Takeaways

Metahero (HERO) is a blockchain-based cryptocurrency that provides 3D Scanning for people to launch their characters in the Metaverse as NFTs.

It also has the HERO App and HEROSwapp to further increase the utility of the HERO token.

Metahero is currently developing another metaverse-related project known as the Everdome.

Overall, Metahero is a very good investment for the long run.

Nano Coin Review: Instant, Zero Fees and Scalable

VERDICT: Nano has an interesting history, and an even more interesting use case. There’s nothing complex about what they’re trying to do. It’s a simple use case, which includes frictionless cross-border payments, micropayments, transactional consumer-to-business uses, and as an ideal trading asset. Considering that they’ve conquered the scalability and speed issues Nano could end up being the cryptocurrency that finally gains mainstream adoption.

Nano is probably one of the most promising “payment” cryptocurrencies in the altcoin space today.

The coin makes use of some really advanced technologies including doing away with the notion of a public blockchain. This means that they are able to overcome a number of the scaling concerns that are plaguing some of the more established networks such as Bitcoin and Ethereum.

Despite these benefits, adoption has been rather slow and the price of NANO has followed the rest of the cryptocurrency market. Does this mean that Nano could be a good buying opportunity?

In this  Nano review, we will give you everything you need to know about the coin. I will also take a look at the long term adoption and price potential of Nano.

What is Nano?

Nano is a new name, but far from a new project. It was formerly known as Raiblocks, but was rebranded to make the name less technical and more easily understood by the masses.

Nano is a trustless cryptocurrency with low latency, and rather than being based on a blockchain it uses directed acyclic graph (DAG) technology and block-lattice architecture. This also allows each account to have its own blockchain, which is a very unique feature of Nano.

The consensus mechanism used by Nano is Delegated Proof-of-Stake (DPoS). One benefit to using DAG technology is unlimited scalability along with instantaneous transactions and no fees. The lack of resource intensive mining to secure the blockchain is what enables Nano to operate without fees.

One fairly recent development for Nano is its rebrand from RaiBlocks at the start of 2018. The rebrand was done because there was some confusion over how to pronounce the name “RaiBlocks”, and to make the name less technical-sounding as well to help foster increased adoption.

Much of the push for the rebrand came from the user community, and it’s quite encouraging to see the developers listening so closely to their user community. With nearly two years as Nano, the rebrand can be said to be a success as the project has pushed forward, and adoption is increasing.

Nano’s Technology

As mentioned above, Nano is built on Directed Acyclic Graph (DAG) technology and utilizes a block-lattice architecture that has each account or address possessing its own blockchain. Unlike blockchain’s that track transaction amounts, Nano records account balances, and this allows for a far smaller storage requirement.

Each individual blockchain can only be updated by its owner, and it reflects that individuals balance history, sharing it with the network. One unique feature is that this architecture allows each blockchain to be updated asynchronously to the rest of the network. Each transaction is processed by the individuals blockchain and there’s no need for a consensus protocol for distributed agreement.

 How Nano Improves Crypto Usage

Nano is a nearly ideal cryptocurrency from a users perspective as it is free of fees, transactions are instantaneous, and it can scale infinitely.

Nano also improves on security with the delegated Proof-of-Stake protocol. An attacker would need to control 50% of the Nano tokens to make a successful network attack. That would require a huge financial investment that’s beyond nearly everyone.

Terra (LUNA) Review

VERDICT: Terra (LUNA) is a good investment and has commemorated enormous price movements throughout 2021. According to most predictions, long-term investment in the coin would be more profitable because of the faithful investors and enlistment of the token on the meaningful exchanges to exhibit excellent performance. This stimulates the investor to respond and proposes many encouraging feelings in the market.

Some technical projects are working on improving the crypto market, one of them being Terra (LUNA). It uses a flexible economic policy to establish stable cryptocurrencies related to various real-world currencies. Nevertheless, the team understood that price stability alone could not foster extensive adoption. 

The Terra team believes that a flexible financial policy is an antidote to empower cryptocurrencies and that such a policy can propel the existence of new cryptocurrencies. So they are developing an excellent spending regime, with multiple incentive programs striving for financing—the rest of the ecosystem masters proposals from the community. Approved ones are financed to increase adoption and broaden the potential use cases. 

What is Terra?

Terra is a blockchain protocol that formulates and benefits regular payments and opens economic infrastructures. Stablecoins related to fiat currencies support the protocol. They are stabilized algorithmically by the native token LUNA. Another system component assists in restoring the present sophisticated and valuable payments chain through banks and credit card networks. 

Terra provides efficiencies for traders and improves the infrastructure and tools of the ecosystem to establish transparent, dispensed, and neutral payments systems. Holders of LUNA also provide governance in Terra and can modify the protocol while illustrating agreement support for proposals. The project is already strengthening complete adoption through its partner system CHAI, with about 2 million users. The team strives to develop an overall system by going to other areas of Asia.

Is Terra a Good Investment?

The Terra Protocol is a primary bank for digital currencies that provides stability through algorithms and smart contracts. Its hybrid design uses stable coins and a native staking token to provide heavy transactional mechanics and allows the users to earn profits by holding the coin. This coin also serves to materialize the reserves. 

Terra has a unique design and is pegged with a fiat-collateralized mechanism. Its stablecoins are helpful for better decentralization by its agency. Terra quickly covers the costs associated with its decentralized mechanism and risk income, along with enough transaction fees.

There is a risk of drying up the transaction fees and collapse of the entire ecosystem; with as high as 2 million users trading, the protocol seems to have solid fundamentals to grow out. Suspicions are present over a single user or organization, controlling 51% of the total LUNA tokens. However, its market cap indicates the minimum of that risk. The Terra ecosystem has also evolved to encompass the Anchor Protocol and Mirror protocol to steer the Terra stable coin and LUNA to make the network secure and stabilize the ecosystem.

Takeaways

Terra (LUNA) works on improving the market.

Terra uses a flexible economic policy to establish stable cryptocurrencies related to various real-world currencies.

The price of LUNA is predicted to go as high as $700 in the next five years.

Terra is generally considered a good investment.

Trezor Model T crypto wallet

VERDICT: The Trezor Model T is one of the most expensive hardware wallets available, but makes up for its price with premium features, universal support and ease of use.

Pros:

Open source

Color touchscreen

Easy to setup and use

Supports over 1600 coins

Cons:

Costlier than its peers

Mobile support for Android-only

The Trezor from SatoshiLabs is one of the oldest cryptocurrency hardware wallets on the market. First released in 2014, the Trezor Model T is the company's premium offering, designed to suit both HODLers and active traders alike. 

Everything about the Trezor Model T, from its hardware specifications to the software that powers it, is released under an open source license, which is a definite plus.

A built-in touchscreen, meanwhile, gives the Model T a premium feel and enables you to enter the PIN and passphrase on the device itself, which is very convenient. 

Price

The premium Trezor Model T will set you back by around €160.

The closest competitor to the Trezor comes from a company called Ledger. The premium Ledger Nano X costs about €100, while the Ledger Nano S is available for about €50.

The third most popular hardware wallet for cryptocurrency is the KeepKey, which costs only about €40, but doesn’t offer the same features as the Ledger and the Trezor.

Interface and ease of use

By default, the Model T can handle multiple cryptocurrencies, but users can also switch to a Bitcoin-only firmware that has been designed to exclusively tackle Bitcoin operations. 

The device also gets exclusive security features such as the Shamir Backup, which can create up to 16 shares that you can use to recover your crypto if something untoward happens to your device.

In terms of operating system compatibility, the Trezor works with Windows, macOS and Linux, as well as with Android via OTG support. There’s no support for iOS though.

To get started you’ll have to use one of the four documented mechanisms to get the Trezor to communicate with its browser-based Trezor Wallet app. Trezor Bridge is the recommended option. Once it’s installed you can fire up one of the supported browsers, namely Chrome and Firefox, and head to the Trezor Wallet website. 

The wallet website will help you set up the device and manage your crypto. It has native support for Bitcoin, Bitcoin Cash, Bitcoin Gold, Litecoin, Dash, Zcash, Dogecoin and Vertcoin. For everything else you’ll have to rely on a third-party wallet.

The app is fairly intuitive and you can use it to configure two-factor authentication through the Universal Second Factor (U2F) standard. The device can also be used as a FIDO2 security key on supported services as well. 

In addition to the web-based Trezor Wallet app, SatoshiLabs is also working on a new desktop app called Trezor Suite, and is currently in public beta.

Final verdict 

All things considered, the Trezor Model T is one the best hardware wallets for anyone that wants to HODL crypto. That's because the device can hold a larger variety of crypto than most of its peers and its open source nature makes it more compatible with third-party wallets. 

The only real challenger to the Trezor Model T is the Ledger Nano X. However, Ledger recently suffered a data breach that exposed  information about thousands of customers. While there is a known flaw that can reveal seeds from the Trezor Model T, the exploit requires physical access to the wallet, making it less severe than the Ledger breach.

With everything taken into account, the Trezor's ease of use, open source architecture and extensive support offering is enough to tip the scales in its favor.

Jaxx Wallet

Jaxx is a multi-currency wallet that supports over 80 cryptocurrencies including the popular ones like Bitcoin, Ethereum, Litecoin, Dash and Bitcoin Cash. Jaxx is notable for its cross-platform pairing feature, user-friendly interface, ease-of-switch between stored digital assets and more. One of the unique features of Jaxx іѕ the ShapeShift іntеgrаtіоn that allows users tо instantly buy and sell supported сrурtосurrеnсіеѕ. In addition, users are able to track market data, follow blockchain news and search transaction data across multiple blockchains using Jaxx Liberty’s block explorer.

Jaxx wallet can be used on both mobile devices and desktop. It is designed to operate on Windows, Apple and Linux-enabled computers as well as Android and iOS-enabled mobile devices. The wallet for desktop is available as Google Chrome and Firefox extensions. Among other cool features, Jaxx features spendable balance display and native camera scanning. In addition, the pairing feature makes it possible to sync across multiple devices.

Pros:

Supports 90+ different cryptocurrencies

Easy to use

Cross-platform pairing

Free to use

Cons:

Some security concerns

General Information

Jaxx wallet is a product of Dесеntrаl Inc., a blockchain company located in downtown Toronto, Canada. The company launched in 2014. One of the founders were Anthony Di lorio, the first Executive Director of Bitcoin Alliance of Canada, which is currently known as the Chamber of Digital Commerce, Canada. Di lorio is also the co-founder of Ethereum.

Jaxx 1.0 was released in early 2016 as part of Decentral’s drive to empower people with the tools they need to control their digital lives. Currently, Jaxx wallet has over 700,000 users

Supported Coins

The Jaxx wallet supports over 80 cryptocurrencies, including Bitcoin and the others featured on the picture below. Users are able to choose the digital assets they wish to have in their wallets.

Jaxx Wаllеt Fееѕ

Jаxx offers three options for users with respect to speed of transactions. The transaction fees correlate to the speed. The faster you want to carry out the transaction, the higher the transaction fee. However, the transaction fees go to miners on the blockchain. Jaxx dеrіvеѕ its рrоfіtѕ bу fасіlіtаtіng ShapeShift trаnѕасtіоnѕ. The ShapeShift integration allows users to convert all currencies that Jaxx supports from within the app.

Jаxx Wаllеt Prісе

Thе Jаxx wаllеt іѕ free for dоwnlоаd on Android, iOS, Mac OS X, Windows, Linux or Google Chrome extension. The desktop versions can be found here.

Jаxx Wаllеt Eаѕе оf Use

While a few bugs were reported by users in the past, it is not enough to downplay the user-friendliness of the wallet. One of the unique selling points of the Jaxx Wallet is its user-friendly interface. Evеrуthіng аbоut thе wаllеt іѕ quite intuitive when compared to most other multicurrency wallets. It operates frоm a ѕіnglе mеnu аnd the most іmроrtаnt fеаturеѕ оf еасh unіԛuе cryptocurrency wаllеt аrе vіѕіblе from thеіr respective hоmе screens. Sеndіng аnd rесеіvіng crурtосurrеnсies, switching between cryptocurrency wallets, scanning QR codes and entering addresses are all beginner-friendly actions.

On the web version, the menu button on the top right corner offers advanced features such as wallet backup, setting a security PIN, setting transaction fee size, adding/removing currency support and more.

The company has a responsive support team that promptly attends to bug issues and other complaints.

Jаxx Wаllеt Sесurіtу

Jaxx wallet’s security architecture is of high industry standard and clear enough for users to understand their method of securing cryptocurrencies. Jaxx is a Hierarchical Deterministic (HD) wallet. In other words, the wallet generates a new address for each receive-transaction. This makes it difficult for the receiver to trace the transaction. This feature is driven by a master-private key functionality developed using a 12-word phrase. The mnemonic seed is a backup feature for recovering accounts.

Being a non-custodial wallet, Jaxx ѕtоrеѕ рrіvаtе keys directly on uѕеr dеvісеѕ and nоt оn еxtеrnаl ѕеrvеrѕ. This makes it hаrd fоr a thіrd party tо gеt access to user fundѕ. An additional security measure is the bank-grade wallet encryption which comes into play after a password is set. In spite of this, the responsibility of setting a strong password still lies with users.

However, in June 2017, Jaxx was in fact hacked and lost USD 400,000 to the hackers. While such amount is modest in comparison with other cryptocurrency hacks, it is still enough to warrant a “medium” security score rather than the highest possible security score in this review.

Armory Wallet

Verdict: Armory is the most secure bitcoin wallet application. It comes with advanced security features that make it complex due to the depth of options. Although, perhaps overkill it gives peace of mind for the paranoid with cold storage features and more.


Pros:

Open source

Established brand

Top-end security features, such as hierarchical deterministic (HD) and multi-signature support

Cold storage support, allowing you to manage Bitcoin without the Internet

Cons:

No mobile support offered

Depth of security features may put it out of reach for beginners

What is Armory?

Armory is widely regarded as one of the most secure Bitcoin wallets available. Through a combination of robust security features and a user-friendly interface, it’s designed to help individuals and businesses safeguard and manage their Bitcoin tokens.

Amory allows you to set up multiple wallet addresses so that you can easily separate your personal Bitcoin account from your business holdings. The function of sending Bitcoin can also be password-protected, giving you an added layer of security.
If you’re really concerned about someone hacking your account, Armory provides cold storage support, which essentially allows you to store your private keys offline.

How do I make or receive payments with Armory?

Adding and receiving Bitcoins is straightforward with Armory. To receive payments, you must first have a Bitcoin wallet. To send payments, you’ll need to have Bitcoin in one of your wallets. The “Balance” column lets you know how much Bitcoin is available.

To receive Bitcoin, simply click “Receive Bitcoin” and select which wallet you want to use for the deposit. This wallet will now generate an address to receive the coins. This is the address you need to share with the sender to receive Bitcoin. You can copy the address to a clipboard and send it via email or create a QR code that can be sent via text.

To send funds, simply click “Send Bitcoin” and select which wallet you want to send from. Paste the address into the recipient box and specify the amount. You are now ready to send funds.

You can also send Bitcoin from your offline wallet by clicking “Offline Transactions,” followed by “Create New Offline Transactions.” You can also just select “Send Bitcoins” and select the watching-only/offline-only feature. The prompts will then take you through the steps.

How secure is Armory?

When it comes to security, few Bitcoin wallets can compete with Armory. The wallet provides multi-signature support and decentralised lockboxes, which gives users full control over the creation and storage of cryptographic keys.

By enabling cold storage, the only way to lose your Bitcoin is if someone physically stole your offline system, such as your offline computer. But even then, they’d have to penetrate Armory’s sophisticated wallet encryption, which the company says could take centuries to achieve.

Armory is also popular because it works with something called the Glacier Protocol, which is one of the most well-known cold storage systems for Bitcoin.

Electrum Wallet

Verdict

Electrum puts a lot of power in the hands of the operator, which tells us that it's designed for experienced users only.

Right from the creation of the wallet, Electrum assumes the user knows what they are getting into and what they want from their wallet.

In the hands of the experienced cryptocurrency user, Electrum is a flexible Bitcoin wallet that’s convenient to set up. Anyone new to cryptocurrencies, however, will not be able to make the most of its features.

Pros:

Fee control

Rotates wallet address

Can export wallet

Several advanced features

Cons:

Bitcoin only

Has a bit of a sharp learning curve

Electrum is one of the oldest Bitcoin wallets out there, with a focus on speed and low resource usage. Written in Python, the open source wallet manages to achieve this by using servers that index the Bitcoin blockchain. 

Electrum makes judicious use of disk space and bandwidth, using the Simple Payment Verification (SPV) mechanism to verify transactions. Since it uses SPV, Electrum doesn’t download the entire blockchain, but instead tracks transactions by querying servers on the Bitcoin network. Using SPV also helps Electrum to verify transactions faster than some of its peers.

The wallet also packs quite a few advanced features. It can be used to set up MultiSig transactions, supports the replace-by-fee (RBF) mechanism and also offers coin control features.

Interface and ease of use

Like all good wallets, Electrum is available for all popular desktop operating systems, including Windows, macOS and Linux. Android users can also download Electrum from the Play Store, but it isn’t available for iOS devices.

It installs like any other app, but the setup process is more involved than with other wallets. You’ll first have to select the type of wallet you want to create. While the options will make sense to experienced users, some might leave cryptocurrency newbies scratching their head.

The process involves creating a seed for the wallet, which again involves options that might confuse inexperienced users. By default, Electrum creates a Segwit wallet, which has various advantages (such as lower fees), but isn’t accepted by all Bitcoin wallets and exchanges. 

We were also a little perplexed by the security options. On the one hand, Electrum forces you to retype the twelve-word seed to make sure you’ve written it down, but on the other gives you the option to enter no password at all, meaning the wallet file will not be encrypted.

Once you’ve created the wallet you’ll also need to spend some time configuring the app to your liking. By default, the wallet displays currencies in mBTC or millibitcoin (0.001 Bitcoin), rather than the more commonly used bits, satoshis or BTC. You’ll also have to set your fiat currency.

Transferring funds

Once you’ve set up the wallet to your liking, the process of transferring funds isn’t all that complicated. There are separate tabs for sending and receiving Bitcoin, and another to view past transactions.

The Receive tab gives you the option to generate a new address, along with a QR code, either of which you can then pass on to the sender. Optionally you can add a description to the transaction and an expiry date for the request. Electrum will also automatically convert the Bitcoin amount into fiat currency.

To send Bitcoin, switch to the Send tab and enter the address of the wallet you want to send to, either manually or by scanning its QR code. Again, you can optionally add a description for the transaction to help you identify it later. The tab also has a slider that you can use to specify the fee for the transaction.

One of Electrum's most interesting features is the ability to send payments to multiple addresses at the same time, which helps save on transaction fees. However, you have to enable it first from the Tools menu.

Electrum also has coin control features, but these too are hidden by default. You’ll have to enable the Coins tab from under the view menu to view all the individual UTXOs or unspent transaction outputs. You can then right-click on any of them to get the option to spend them.

Exodus Crypto Wallet

VERDICT: Exodus wallet is a great product designed to help onboard people into the crypto revolution. It brings a clean and beautiful user interface. Overall, Exodus wallet is a good product. It is not one of the best in the market in terms of security but provides a highly intuitive way to manage multiple crypto assets.

Pros:

Allows users to retain their private keys 

Supports multiple cryptocurrencies 

Beautiful user interface 

Easy to use, beginner friendly 

Available as a mobile application too

Cons:

Doesn’t allow manual transaction fee decision 

Doesn’t offer two-factor authentication 

Does not support multi-signature addresses 

Not fully open source

What is exodus wallet?

Exodus is a desktop-based online multi-currency wallet that lets you hold Bitcoin, Bitcoin Cash, Ethereum and a host of ERC20 and other digital coins. It supports close to 100 digital currencies and offers users in-app trading via ShapeShift. It stores the user’s private key on his machine, making the wallet more secure than an exchange wallet. Though it cannot be considered as secure as a hardware or paper wallet, it lets users retain control of their private keys which is crucial in terms of development. It is also a lite wallet, which means that the users never have to download the entire blockchain on their systems to engage in transactions.

The wallet was founded by JP Richardson and Daniel Castagnoli. Richardson is the Chief Technical Officer of the project and has published over 200 open source libraries to date. His codes are being used in several Bitcoin and other crypto software. Castagnoli is the Chief Creative Officer has previously worked in the design teams of BMW, Disney, Apple, Nike, and Louis Vuitton. The wallet was launched in mid-2016 and quickly started getting attention from users from its user-friendly design and highly intuitive user interface.

What cryptocurrencies does Exodus Wallet support?

It includes popular coins like-

Bitcoin (BTC)

Ethereum (ETH)

Litecoin (LTC)

Tron (TRX)

Bitcoin Cash (BCHABC)

Dash (DASH)

Binance Coin (BNB)

Ethereum Classic (ETC)

EOS (EOS)

Zcash (ZEC)

Bitcoin SV (BSV)

Bitcoin Gold (BTG)

Ripple (XRP)

How to open an Exodus wallet account?

Exodus is a desktop based wallet account. Therefore, users must first download the application on their systems and then create an account. Here are the steps to creating your own Exodus wallet. Visit the official website of Exodus wallet. Double check if you are not using a phishing website. On the top right corner of the website, you will find the ‘Download’ button. Click on it. On the next page, choose your operating system. Exodus is available for Windows, Mac, and Linux. Run the downloaded file and install the wallet. Your wallet is now ready to use. No sign up necessary.

Key Features

• Functionality – Exodus provides a high quality user experience, and combines an aesthetically pleasing UI with an intuitive design. The desktop software client contains a wallet, portfolio tracker as well as store a wide range of digital currencies.
• Flexibility – Exodus is available to Windows, Mac, and Linux users, and in addition to its internal integrated features, Exodus also provides an easy to use mobile app that is currently available to iOS users with Android support planned for the future. It also supports over 100 cryptocurrencies including popular currencies such as Bitcoin (BTC), Binance Coin, (BNB), Litecoin (LTC), EOS, and Monero (XMR). Ethereum (ETH) and a host of ERC-20 tokens are also supported.
• Security – As a “hot” wallet, Exodus requires its users to create and use secure passwords, and when first installing the wallet, users are provided with a 12-word recovery seed phrase that is used to restore the wallet in the case of an emergency. The wallet also integrates with a Trezor hardware wallet and doesn’t require any personal information, and users’ private keys and transaction data are encrypted and stored locally on their devices.
• Customer Support – The team provide a good range of support.

Conclusion

Exodus has a lot going for it, and remains one of the most impressive services on offer in the cryptocurrency sector. Its core features and clean, modern design have brought the wallet a significant user base, and the team continue to innovate and improve on its functionalities.

The wallet currently incorporates a slick dashboard with live charts and multi-coin storage support. The team also provide top class customer support, constant updates, and educational resources that go a long way in helping to maintain the positive sentiment that surrounds the project.