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.