Crypto Push

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​​ETH’s burning protocol sets new single-day historical record, thanks to… Ethereum, the world’s largest altcoin, followed a bearish path below the $2,850-pivot level. In fact, ETH even traded below the $2,800-support level amidst the wider correction within the market. It traded as low as $2,718 before the bulls appeared on the horizon. Soon after, Ether’s price started an upside correction and climbed above the $2,750-level. At press time, ETH, following a 2% hike, was trading at $2.85k. That’s not all, however, as ETH also noted a spike in burning activity. Too HOT to Handle Ethereum is projected to become deflationary later this year. The much-anticipated ‘Merge‘ would decrease ETH’s issuance by 90%, leading to more ETH burned than “printed.” Ethereum has already recorded several days of deflation due to high fees resulting in more being burnt. Following the merge, ETH’s net issuance is likely to range between -1% and -2.5%, depending mostly on the network’s transaction fees. Talking about the burning mechanism, here’s the latest report card as it continues to hit new records. According to WatchTheBurn, ETH burned today exceeded 69,200 ETH, with the net issuance of ETH at -61,600. Both set new single-day historical records since EIP-1559 took effect. The highly-anticipated virtual land sale related to Yuga Labs’ metaverse project went live days ago. The sale affected a huge portion of the entire crypto-market. The massive demand led to ETH fees worth nearly $200 million. In fact, data from Etherscan showed that users have paid almost 64,000 ETH in fees, equaling over $175 million, in the past 24 hours alone. The aforementioned uptick on the graph best represents this unprecedented rise. At press time, 55,000 ETH burned from Otherdeed was the sixth-largest burn in history. Thanks to EIP-1559, the base fee burned during each transaction steadily decreases Ether’s circulating supply. Since the implementation of the burn protocol, Ether’s supply became 1.6% lower than what it would’ve been without the hard fork. This is a sign of a significant fall in its circulating supply. Similarly, ETH supply on cryptocurrency exchanges fell consistently over the past few months. This suggested that the digital asset’s price could see more positive price action in the coming months. Doubts, Ponzi, and whatnot The firm behind the wildly popular Bored Ape Yacht Club NFT collection, Yuga Labs, launched a new land title collection called Otherdeed for its Otherside Metaverse. Overwhelming demand caused the average cost of an Ethereum transaction to surge to over $400 at the time, according to Etherscan. Network fee tracker BitInfoCharts reported that average fees spiked to an all-time high of around $200 on 1 May. The hike in the gas fee, obviously, would anger a certain chunk of the crowd. Following this event, ETH users paid a median fee of $4,830 per transaction over a one-hour window. Ergo, censures such as ‘Ponzi’ emerged soon after.

Mayors is a new NFT-oriented and play-to-earn project about blockchain elections. The project strongly backed by Azur Games, an international mobile game developer and publisher with more than 70 successfully launched games and more than 2 billion installs all over the world so far. ⭐️ Mayors themselves are NFT characters with unique stats and visuals. ⭐️ In the game, you can earn tokens both actively (by winning elections) and passively (by completing daily tasks). ⭐️ Azur Games invested $1 mln in marketing promotion this year. ⭐️ The first stage of referral program is coming soon with prize pool more than 3.000$. ⭐️ Remuneration program for the early members of the community. Your chance to get into the white list among the first. More information, latest news, creative contests you could find on our social medias Hurry up and join now 🔥 https://t.me/mayor_game_chat

🔥 NFT Time Out 🔥 https://www.acidecryptoart.com/ Acide Art is a French artist who decided to launch his own collection of Nft, this one is named "Time Out" and includes 7777 items. Thanks to his talent and his work, he was able to enter the most beautiful private collections of the world. You can find these artworks on his Instagram ⬇️ https://instagram.com/acide.art?igshid=YmMyMTA2M2Y= 🗓Future Roadmap🗓: 🖌Creation of the label Acide Crypto Art (ACA) 🎨Creation of Acide Crypto School Art (ACSA) 🔮Purchase of land in various metaverse Sandboxes 🖼Creation of the first crypto art gallery in the metaverse 🌠Organization of vernissage of ACA artists and young talents of ACSA in metaverse and in reality 🏤Creation of the first auction house dedicated to crypto art 💎Ownership benefits💎: ✅ Voting rights ✅ Reward of 50% of the futur profits ✅ Access to future collections ✅ Access to School art ✅ Free air drops ✅ Access to Physical art 💯Join our community 💯 https://discord.gg/fqB2VREJPX

NFT DROP COMPETITION for first skill-based racing game on Solana IS ON🔥 🚀Road2Moon - is launching its first utility NFTs! Game Alpha already developed, Doxxed team, deflationary tokenomics, guilds & scholarships coming soon! Check out their sick gameplay & Litepaper on https://road2moon.io/ Road2Moon Game NFT Holders get: ✅ Early game access to the Play2Earn game launching In May 2022 ✅ Passive income from using NFTs to farm native game token ISRM ✅ Level up system to boost farming income NFTs will be released in 4 waves. First wave of ONLY 100 NFTs at 0.5 SOL starting April 2022 (Whitelist spots disappearing FAST!)‼️ 🔥DROP COMPETITION🔥 Win 3 Whitelist spots for NFT Drops starting April 2022. Whitelist spots are released as NFTs and can be traded on Magic Eden Marketplace https://magiceden.io/marketplace/road_2_moon Competition ending: 02/05/2022 at midnight CET ⚠️ How to WIN? Enter Givelab competition HERE https://giv.gg/cryptoj It is only required to join a telegram. The rest are optional. Complete more steps for higher chances of the drop. Good luck.

KunciCoin(BSC)🟨⬜️ KunciCoin keeps on pushing their way to succeed And getting listed in HOTCOIN GLOBAL and 3 big Exchanges World class musicians and artists like Band Ifan Seventeen releasing their Music and arts regularly on https://www.kuncinft.com They are verified on Kuncicoinglobal Twitter✅ Kunci-Indo Twitter ✅ CoinMarketCap ✅ With a market cap of 7 million They have listed in 18 exchanges Now they will keep pushing listing until they reach 100 exchanges Since we posted, over 18 top exchanges were listed, over 5M$ to $11M of daily trading volume and a game studio with downloads. They are Coming with their OWN BLOCKCHAIN ECOSYSTEM U need to check this Wonderful coin from Indonesia It had best utilities more than any token in the world They are conducting events all across Indonesia Full Doxxed Team JOIN TG @KunciGlobalOfficial Announcement channel @kunciglobalchannel Twitter https://twitter.com/Kuncicoinglobal?t=ukp3EkVapq19IsXICqHomw&s=09 CA 0x6cf271270662be1c4fc1b7bb7d7d7fc60cc19125

​​STEPN [GMT] steps up the game with over 17% intraday rally, but here’s the caveat At the time of writing, most of the top 20 coins were in the red and it looked like another day would go by with bulls shivering in their pens, praying that the bears would go away. Bitcoin was still below $40k and Ether was under $3k. In fact, even alts haven’t been able to escape the latest spell as Santiment data reported these coins were down by around 20% in the last month. However, there are always a few faces that seem to rise in times of adversity. STEPN GMT was one of them. What doesn’t kill you, makes you greener? At press time, STEPN was the 45th biggest crypto by market cap. The exercise and Web3-based GMT token was trading at $3.95 after rocketing by 17.64% in the past day and rallying by 22.03% in the last week, touching new all-time-highs in the process. GMT also saw the highest weekly rally among the top 50 cryptos. So, do the volumes check out? According to Santiment data, the latest rally was followed by a spike in volumes. However, with GMT touching new heights, there are corrections to think about. On that note, TradingView’s Bollinger Bands indicator shows us that the bands are widening, which indicates upcoming volatility. Adding to that, the last two green candles for GMT have crossed the top band, signaling that traders might take GMT to be an overbought asset. What’s more, the Relative Volatility Index RVI recorded a value above 50, which signals that any upcoming volatility is likely to be in the upward direction. This is good news for bulls who want to see GMT prices scale higher. So is now the time to buy in? Well, that’s a question investors have to answer for themselves, but the Awesome Oscillator AO was flashing green bars at press time, which hints that traders are interested in filling up their shopping bags. That being said, a warning is pertinent. There is considerable hype surrounding the project now, and STEPN too has claimed to be unlocking incredible user adoption milestones. However, it’s up to individual traders to do their research and decide if the project’s fundamentals and transparency levels meet their standards. Finally, note that STEPN is enjoying the effects of a hype bubble even as the wider market was red. For that reason, it’s necessary for traders to be extra cautious in case of sudden shock changes – or market corrections.

🏇🏼 Silks Genesis Avatar Collection 🏇🏼 🚨 Public Sale is Live!🚨 🏁Join the Discord https://join.silks.io/discord Game of Silks is the first derivative P2E metaverse that mirrors the real world of thoroughbred horse racing and a Silks Avatar is your gateway to accessing its unprecedented game, community, and experience. The Silks Genesis Avatar Collection consists of 10,000 unique Silks Avatars representing identity and ownership in the Silks ecosystem. 🏆Silks Avatar - Ownership Benefits: ✅ Guaranteed access to the inaugural Silks Horse Mint ✅ Airdrops, entry to future whitelists, IRL event access ✅ OG Genesis status and all the clout that comes with it 📍Future Roadmap: 🏇 Own Derivatives of Real-World Racehorses 🎮 Metaverse Opens 🌎 Own Virtual Land 🏘Own Virtual Stables 🚨 Public Sale is Live!🚨 🔗Official Links: Join The Silks Discord Community https://join.silks.io/discord Watch The Full Trailer https://join.silks.io/home

Check out this new Cardano Metaverse Project Cardalonia They are building a Metaverse Ecosystem on the blockchain powered by the LONIA token that will give exclusive benefits like Automatic whitelist for Terrania (Cardalonia Land) sale. They just started a token sale and have raised almost 50K in 24 hours. You can join the sale here: https://cardalonia.io/buy/ Join Discord Community: https://discord.gg/YChadw7fVD

​​Here’s why ALGO is a great long-term pick at its current price range Algorand remains one of the top blockchain networks thanks to its focus on innovation and sustainability. However, its native cryptocurrency ALGO has had better days and is currently trading in a critical price point. ALGO traded at $0.70 at the time of writing and has been on a bearish performance since the start of April, after peaking at $0.98 on 31 March. However, its monthly discount pales compared to its $2.82 ATH that it achieved in November last year. This means its current price is currently trading at roughly a quarter of its ATH price. Zooming out on ALGO’s price tag reveals that it has been trading in a triangle pattern underpinned by descending resistance and lateral support. Its end-of-March peak brushed against the resistance line before retracing and retesting support on 14 April. ALGO is currently in a critical zone as the support and resistance line squeeze the price into a narrow range. Why ALGO’s current support is critical ALGO’s current support level near $2.11 has so far proved to be quite a strong reversal point. It has bounced back from the same level multiple times so far this year and at least 3 times in 2021. This means that it has already been established as structural support and the last time it was below this essential level was in February 2021. ALGO might be due for a significant upside especially if the same support level holds strong in the next few days. The probability of such an outcome is further enhanced by the heavy discount that it is trading at compared to its previous ATH. However, it might also break through support as has been the case with most of the top cryptocurrencies due to intensified selling pressure in the last few days. Algorand’s on-chain activity Market forces currently have a heavy hand in ALGO’s current value. However, its on-chain activities also play a critical role not only in its current value but also its future price action. The NFT market is among the key utility drivers that can help gauge the level of activity on the Algorand blockchain. The number of unique addresses that purchased less than $1,000 worth of NFTs have consistently stayed above 13,400 in the last 90 days. NFT trade volumes have increased significantly from mid-March. The total volume of NFTs worth more than $100k registered a noteworthy uptick in the last 2 days as prices dipped lower. Looking back over the last 12 months reveals that NFT volumes registered significant growth during this period.

🏇🏼 Silks Genesis Avatar Collection 🏇🏼 🚨 Mint in 5 days!!🚨 🏁 Get Whitelisted https://join.silks.io/discord ⭐️ Get Early Access https://join.silks.io/home Game of Silks is the first derivative P2E metaverse that mirrors the real world of thoroughbred horse racing and a Silks Avatar is your gateway to accessing its unprecedented game, community, and experience. The Silks Genesis Avatar Collection consists of 10,000 unique Silks Avatars representing identity and ownership in the Silks ecosystem. 🏆Silks Avatar - Ownership Benefits: ✅ Guaranteed access to the inaugural Silks Horse Mint ✅ Airdrops, entry to future whitelists, IRL event access ✅ OG Genesis status and all the clout that comes with it 📍Future Roadmap: 🏇 Own Derivatives of Real-World Racehorses 🎮 Metaverse Opens 🌎 Own Virtual Land 🏘Own Virtual Stables 🔗Official Links: Join The Silks Discord Community https://join.silks.io/discord Watch The Full Trailer https://join.silks.io/home

​Bored Stackers is a collection of 5,000 NFT providing unique rewards and benefits to their holders. 🔑 Created and designed by Yuri Zababury, these NFTs finally reward the diamond hands. 💎🙌 Each B$ holder can stake their NFT and will be rewarded daily in ETH simply by holding. 💸 By staking your NFT, you get access to a dedicated ecosystem reserved for the holders, allowing the development of the project and the valuation of the collection over time. 📈 https://discord.gg/boredstackers

The gaming market is worth $ 180 billion, it has outperformed music and movies combined. 🔥 Crypto gaming at the moment is only 1% of this market. Why is it like that? 🤔 Crypto games are not interesting, there are no stable economic models (Inflation in Axie Infinity) and it is difficult to start playing such games for players with no crypto experience. InsertStonks.io bring PLAY back into Play2Earn. It's a Web3 ECOSYSTEM for game developers and gamers. ✅ IS create easy-to-use tools for non-blockchain game developers they can use to quickly build P2E games without any blockchain coding experiences. This way they can focus on building AWESOME games that drive mass adoption among non-crypto natives. This set of tools is called Stonk Engine. ✅ IS help create sustainable economies using their Economy Analytics platform and predictive modelling tools. They provide Intelligence for developers on how to optimise user retention, profitability and token price stability. ✅ On top of that they help to create EPIC cross-game experiences, use NFTs across games and facilitate trade between games using their common reserve currency - STNX token in which all transactions on the platform are settled. This way value and assets circulate between the games instead of exiting the ecosystem. ✅ In the end, Insert Stonks ecosystem is a fun, safe and user-friendly platform for Play2Earn games independent from the ups and downs of individual games. Insert Stonks starting a Play AND Earn revolution and invite all of you to join🔥 Telegram https://bit.ly/3KAQG0J Current traction: ⭐️ Engine MVP is 80% built (you can check out our platform wallet system MVP here: https://wallet.insertstonks.io/ ) ⭐️ 6 game under development (1st game launching its NFTs in April 2022: http://road2moon.io/ ) ⭐️ 30 games in the pipeline ⭐️ $750k raised in pre-seed stage and counting Join IS telegram for more info: 🔥Telegram https://bit.ly/3KAQG0J

KunciCoin (BSC) || 🟨⬜️ Thrilled to announce our staking feature for KunciCoin will open soon You can get up to 15% APY, by staking you $KUNCI on doyanrebahan.com KunciCoin keeps on pushing their way to succeed in DeFi and we are proud to see that they are going to be listed on 3 Big Exchanges SOON THEY ARE RELEASING THEIR 2ND BATCH OF NFT ARTISTS AND MUSIC ALBUMS FROM BAND IFAN SEVENTEEN AS THEIR FIRST NFT RELEASE SOLD IN 7 MINUTES On http://kuncinft.com They have listed in 18 exchanges in last one month and with lot of Utilities Now they will keep listing until they reach 100 exchanges Since we posted for the first time, over 14 top exchanges were listed, over 8M$ to $11M of daily trading volume and a game studio with downloads They are Coming with their OWN BLOCKCHAIN ECOSYSTEM AND 3 BIG EXCHANGES U need to check this Wonderful coin from Indonesia JOIN TG @KunciGlobalOfficial Announcement channel @kunciglobalchannel CA 0x6cf271270662be1c4fc1b7bb7d7d7fc60cc19125

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​​‘MicroStrategy has been selling Bitcoin’- Decrypting the truth MicroStrategy, a Bitcoin-accumulating business-intelligence software company is known for holding a total of 129,218 Bitcoin. This is valued at about $6 billion (at the current price). And, MicroStrategy is accounted for the largest BTC holding public company. CEO Michael Saylor asserted on several occasions that the company has no plans to sell the king coin and it wants to continue holding Bitcoin in the long term. Or maybe not….? In a thread posted on Twitter, the analysis seems to suggest that MicroStrategy started selling some of its Bitcoin holdings for the first time. On 21 April 2022, a Twitter account called “Ozz, CEO of Altseason,” tweeted a claim that the company sold its Bitcoin. However, it’s important to note that there has not been any official confirmation from Saylor’s end so far. Recent transactions made from the main custodial wallet show that more than 1500 Bitcoin were sent to secondary addresses. Allegedly, from their main address, Bitcoin was sent to an address that used centralized exchanges such as Coinbase and Okex to sell BTC. Now, given MicroStrategy’s sheer total BTC acquisition, the amount sold is insignificant compared to the holdings. But ‘selling $63M worth of Bitcoin is a thing and since they announce their purchases, they should announce their selling activities too,’ the Twitter user asserted. In all, the associated address sold over 8k BTC. Calling this narrative out Needless to say, the revelation caused a large amount of unfounded speculation and rumors about the software company. Some renowned people called Ozz out on the tweet because the information wasn’t 100% correct. In fact, Jameson Lopp, a renowned BTC proponent, on Twitter called the user a ‘moron’. Whatever the reason is, here are some facts. The associated address, “1P5ZED” when applied on the block explorer oxt me resulted in two annotations. Both of which might be tied to the exchange Bittrex, a global centralised exchange. But one thing stands, given Saylor’s commitment in the past, if this speculation turns out to be true- it could certainly damage the firm’s reputation, to say the least.

🏞 Cardalonia is the first Web3 Metaverse Project Built On Cardano 🏞 Cardalonia is a fully decentralized, fully customizable virtual world where players can build, own and customize their own experiences on the Cardano Blockchain. 🏔Cardalonia Features 🏔 🎯Immersive & Captivating Experiences 🎯Governance 🎯Staking 🎯Land Rental The $LONIA token is Cardalonia's in-game currency and used by players in Cardalonia, creating an interconnected economic ecosystem of games and experiences. 🏆$LONIA Token Utilities🏆 🎯Access To Cardalonia Platform & Land Sales 🎯Staking 🎯Governance Voting 📍$Lonia Token Sale & Tokenomics📍 Seed Sale Allocation: 15,000,000 $LONIA $Lonia Seed Token Price: 1 Lonia = 0.07 ADA Seed Sale Min/Max Buy: 500 ADA / 20000 ADA Sale Duration: 6 Epochs Vesting Period: No Lockup 💰How To Buy $LONIA Token?💰 Click On The Link Below To Buy https://cardalonia.io/buy 🌎: cardalonia.io Telegram Channel: https://t.me/cardalonia

​​The Sandbox: $400M investment or not, traders, eye these SAND metrics! The crypto-grapevine today is all abuzz with news about The Sandbox SAND as both mainstream news channels and crypto-companies reported on the Metaverse project’s latest update. The air is thick with rumours, but in crypto, rumours are often more than enough to force dramatic price movements or user activity. At press time, SAND was slipping between hands at $2.97 after rising by 12.92% in a day. So, what exactly caused the excitement? Secrets in the Sandbox Citing anonymous sources, Bloomberg reported that The Sandbox is looking to raise funds of around $400 million, with a valuation of over $4 billion. At press time, The Sandbox was the 40th biggest crypto, with a market cap of $3,175,641,189. The project previously raised $93 million in late 2021. While it’s still very possible for the information to change – or for The Sandbox to deny all claims – here are the metrics you should be watching. First and foremost, it’s key to note that SAND supply on exchanges has been going down since about 9 February. This trend was continuing before press time, with the supply of SAND on exchanges finally falling below the levels seen in early February. At the time, there was a near vertical spike in SAND hitting the exchanges. Still, don’t assume that investors have their heads buried in the sand as velocity for the asset was up before press time. This shows that user activity associated with SAND is rising, and is a strong indicator of interest in the asset. Investors will need to see if this metric spikes or tapers off in coming days. It’s not me, it’s you The crypto-research platform Messari recently released its 2022 Q1 report for The Sandbox. While there were a number of encouraging growth signs, Messari’s report warned that LAND experiences couldn’t be easily shared between users. Why does this matter? Well, investors who aren’t able to launch large-scale projects with their LAND might instead decide to cut and run with their profits. For that reason, there’s a strong selling risk associated with the asset. On that note, let’s take a look at whale transactions. On 18 April, only 28 SAND whale transactions worth over $100,000 took place. While this was a spike, it was a long way off from the 1,000+ whale transactions seen in late November 2021 – around the time SAND raised $93 million. So, will SAND convince investors to give it $400 million, or will generous investments boost the asset’s price instead? In truth, it’s impossible to predict until the official statement is out, but now you know which metrics to track.

KunciCoin keeps on pushing their way to succeed in DeFi and we are proud to see that they are listed in big exchanges @BitrueOfficial and @Bitmartexchange They have listed in 18 exchanges in last one month and with lot of Utilities Now they will keep listing until they reach 100 exchange , next listing is Hotcoin Global. Since we posted for the first time, over 14 top exchanges were listed, over 8M$ to $11M of daily trading volume and a game studio with downloads,They Launched their own NFT MARKETPLACE With World Famous MUSIC ARTISTS On the Occasion of their NFT platform they 2nd time burned 10% of their supply They are Coming with their OWN BLOCKCHAIN ECOSYSTEM AND 3 BIG EXCHANGES U need to check this Wonderful coin from Indonesia It had best utilities more than any token in the world This is something that we've been waiting for. Wait for more announcement coming in, should be epic in upcoming months JOIN @KunciGlobalOfficial Contract address 0x6cf271270662be1c4fc1b7bb7d7d7fc60cc19125 #DYOR

​​Bitcoin: Experts feel optimistic about the flagship crypto thanks to this factor… In a recent podcast on BTC Sessions, panelists explain why they are geared up for a bullish run for Bitcoin in the future. Their optimism comes despite a sharp dip below $40k for BTC recently. Mark Stephany, Founder of theprogressivebitcoiner, briefed on his reasons for a bullish run for Bitcoin. He advocated a community-driven approach for Bitcoin’s rapid growth with a large diversity of enthusiasts across the world. This is further echoed in the Gemini 2022 Global State of Crypto report. The report says 41 percent of crypto owners surveyed globally purchased crypto for the first time in 2021. Mark is quoted saying, “Bitcoin has created a community. People are only going in, you don’t see anyone exiting. There’s always more products, more companies, more podcasts, there’s always more things to be written. To me, that’s the most bullish signal.” Another panelist, Margot, from Bitcoin Policy Institute, added her bit on the subject. She was particularly excited about the Blockstream, Block and Tesla alliance for renewable Bitcoin mining operations. “The best part according to me is that they are going to make all the data public including how much money they make from it, the uptime, and whatever else we need to know about it.” She believes this transparency can stimulate research publications which in turn will increase awareness among masses. Power consumption has long been a major criticism of Bitcoin. If this venture were to be a successful, it could become a major victory for the Bitcoin community. Santiment reports a bullish BTC As per a Santiment tweet, 25,878 BTC were moved out of exchanges recently. This is the largest difference between inflow and outflow in the past 5 weeks. This is a very commonly used metric for understanding market sentiment. These huge outflows indicate that the whales are increasingly optimistic over a bullish run for Bitcoin. Historically such outflow patterns lead to drastic price rises given the pattern sustains itself for a few days. In such situations, there is an increased security over assets such as Bitcoin in this case. People usually take out their assets and store them in cold storages or uncustodied wallets for a long haul.