How Ethereum Creator Reacts to Terra Collapse
Ethereum co-founder Vitalik Buterin calls the disaster that caused Terra and its algorithmically stable coin TerraUSD to collapse last week. Ethereum’s Anthony Sasano said in a tweet on Saturday that the cryptocurrency industry should “stop experimenting” with Ponzis; With algorithmic stablecoins, crop farming, and focus on blockchain applications in other areas; For example, such as decentralized identity and financing of public goods. His post was backed by Buterin, who noted that he is in the same position.
According to Buterin, “adjustable” is used as propaganda, which places unsecured stablecoins in the same area as collateral such as DAI. DAI is an Ethereum-based stable coin managed by Maker Protocol and its decentralized autonomous organization. Buterin expressed concern about the hopeless Stabilcoins weeks before developing the UST scenario. Previous this year, Terra’s founder told his Twitter followers that UST’s won would be the end of DAI. According to his latest information, the Terra founder is currently working on a “revival plan” for UST and LUNA owners. Many crypto projects are doing very well in the market and have the potential to explode this year.
Why Should Cardano Investors Check out Bitgert? – Terra Collapse
Cardano investors will gain a lot by joining Bitgert today. This is because Bitgert is one crypto project that has the potential to explode 1000x this year. Many things make Bitgert an option for Cardano investors. One of them is the easy-growing ecosystem that Bitgert is changing. Bitgert was one of the fastest delivery projects in the industry. This is evident from the rapid development of Bitgert’s roadmap. Bitgert Road Map V1 had game substitute products, such as the gas-free BRC20 blockchain, delivered within six months of Bitgert’s launch.
Getting the revolutionary BRC20 blockchain is another thing that makes Bitgert a good option for Cardano investors. Bitgert blockchain has surpassed the key elements that make Cardano’s project popular. The Bitgert chain is faster than the Cardano chain at 100k TPS. However, this is a zero price for gas, Making Bitgert BRC20 very attractive to Cardano and other crypto investors.
Therefore, the Bitgert chain experiences faster acceptance than the Cardano chain. Upcoming events also make Bitgert an ideal crypto investment for Cardano fans. The Bitgert team has released a roadmap for V2, which has some exciting projects. From Roadmap V2, DeFi, a range of NFT products, and Web3, built by the Bitgert team.
In addition to the new roadmap, there are Bitgert-supported projects that join this ecosystem. This is another factor that will increase the price of Bitgert. The recently announced Centcex Development Partnership makes Bitgert a beautiful crypto investment. It is worth noting that Cardano lovers have a good investment opportunity in Bitgert. This is a crypto project that has the potential to rise 1000 times; This makes it an ideal crypto investment in the market today.
Binance Coin Value
The price of a Binance coin may be caused by a further decline as the technical specifications indicate sophisticated fall control—the price of the Binance coin returned by 50% in a very sharp and short time. The coin price is now finding resistance at the 50% Fibonacci level as the price trades at $302. The next hurdle for the BNB price will be the 61.8% Fib level of $324.
The Binance coin price also shows anti-fall signals; Because the current upward trend is growing at a relatively low volume. The volume sample may be evidence of a lack of interest from bulls at these price levels. The relative strength index does not provide sufficient evidence to open a short position on a daily chart. However, traders should look for evidence of a new fall on Monday morning. The bearish downtrend is at $392. If bulls can break this level, the BNB price could rise to $600. This will result in a 100% increase compared to the current price of the BNB.
Live ApeCoin is priced at $7.97 today; The 24-hour trading volume was $749,339,662. ApeCoin has fallen 3.33% in the last 24 hours. CoinMarketCap’s current ranking is #32, with a market capitalization of $2,269,468,921. It has 284,843,750 APE coins and max. 1,000,000,000 APE coin delivery.
Elon Musk and DogeCoin
Elon Musk, CEO of Tesla, has made another announcement about Dogecoin; Despite the large-scale sales in the crypto market. Elon has proven that Dogecoin has potential as a currency. His tweet echoed the comment of dogecoin co-founder Billy Marcus, who said he liked the meme cryptocurrency because “he knows it’s stupid.”
Tesla’s CEO reiterated on Twitter that DOGE is the best cryptocurrency for transactions. In contrast, he said, bitcoin is better as a store of value. Musk, known in the crypto community as Dogefather, also called Dogecoin a “people’s crypto.”
Elon, a longtime supporter of DOGE, wrote on Twitter back in the spring of 2019 that Dogecoin could become his favorite cryptocurrency. The Tesla boss also mentioned that he also owns Dogecoin in addition to Bitcoin and Ether.
