Overview of the Recent Bank Crash
• The recent downfall of American banks didn’t surpass the crypto market, as seen in the recent case of the Silvergate bank crash.
• Many leaders of the crypto space tend to believe that Jim ‚Inverse‘ Cramer is to be blamed for the recent financial crisis, as his confident endorsement of Silicon Valley Bank just a month ago turned out to be wrong.
• Crypto traders applied ‚Inverse Cramer‘ tactics and enjoyed multiple altcoin rallies after he publicly blasted Dogecoin (DOGE), Solana (SOL), Cardano (ADA), and Bitcoin (BTC).
Tweets by Crypto Leaders
Cardano (ADA) founder Charles Hoskinson pointed out the recent attacks on Tether, Circle, and Paxos and how crypto handled it with confidence. Binance boss Changpeng ‚CZ‘ Zhao blamed the crisis on printed-out fiat currencies which are „a risk to fiat-backed stablecoins“ and Do Kwon’s failed execution of Terra (LUNA).
The 9% Gain for Bitcoin
Bitcoin broke $26,000 line for first time since June 2022 and recorded a historic daily run with 18% gains after FED rate announcement. Crypto traders applied ‘Inverse Cramer’ tactics which eventually caused a 9% gain in BTC.
Jim Cramer’s Effect on Crypto Market
Jim Cramer’s public endorsement or blasting certain assets had an impact on crypto market movements as it could result in sudden price increase or decrease respectively. This tactic has been used by many crypto traders who saw success in it.
The banking crash caused by Jim Cramer’s false predictions did not affect cryptocurrencies too much as they managed to remain relatively unaffected by this event. Moreover, some crypto traders even profited from this situation thanks to ‘Inverse Cramer’ technique which resulted in significant gains for digital assets such as Bitcoin, Dogecoin and Cardano.
• Cardano (ADA) is struggling to gain value in 2023, trading 86.88% below its all-time high of 256.12.
• DPA Token (DPAT) is a new African project that offers retail investors access to African assets through distributed ledger technology and asset backed tokens with as little as $5 investments.
• DPAT token holders can expect major rewards and incentives such as deposit bonuses, discounts on transaction fees, governance membership, VIP African safari and city trips.
Cardano (ADA) is a third-generation decentralized proof-of-stake (PoS) blockchain platform that aims to outperform proof-of-work (PoW) platforms in terms of efficiency. PoW platforms like Bitcoin have a limited capacity in terms of scalability, compatibility, and sustainability because of their high energy consumption and lengthy transaction times. ADA is trying to make up for its losses in 2022, but a significant price gain for this coin is uncertain in 2023. The crypto world has recently been stronger for several coins with much higher possibilities of increasing in value, so it would be wise to tread with caution despite this. Last week, Cardano (ADA) was in a declining phase and that trend has continued at the start of this week – currently trading 86.88% below its all-time high of 256.12 with 34.6 B ADA in circulating supply.
Direct Property Africa Token (DPAT)
Direct Property Africa Token (DPAT) is a game-changer for international investors and local African developers and infrastructure builders looking to invest safely and transparently from anywhere around the world at fractions of the cost previously denied them access to new emerging markets . The custom DPAT marketplace lists real estate and infrastructure projects from across the continent such as Accra in Ghana or Cape Town in South Africa using distributed ledger technology and asset backed tokens starting at just $5 investments – providing clear and cost-effective alternative financing options for developers seeking innovative projects that solve critical issues across Africa .
The DPAT smart contract audit was successfully completed by SolidProof while Coinsult finished their KYC process – token holders can expect major rewards including deposit bonuses, discounts on transaction fees, governance membership, VIP African safari & city trips!
Analysts have grown excited about DPA Token’s features over the last few weeks as they could potentially open up opportunities for retail investors accessing African assets more easily than before – however there are still doubts surrounding Cardano’s ability to make significant gains this year due to competition from other coins offering better potential increases . Despite this everything isn’t doom & gloom though; although Cardano continues its struggles it still has many promising features making it worth watching out for throughout 2023 .
To conclude; Direct Property Africa Token could very well revolutionize how international investors access emerging markets across Africa while Cardano continues its struggles trying hard to regain lost ground against competitors during 2023 . Investor should remain vigilant when considering any investment option due diligence should always be exercised carefully before putting money into any digital currency or asset class..
This article does not provide financial advice or opinion regarding any digital asset or cryptocurrency mentioned above – please conduct your own research prior investing into any crypto related product or service
• Crypto.com lists Shiba Inu’s Shibarium governance token, BONE, causing a surge in its market value by 29%.
• The SHIB Army petitioned for listing of BONE on major exchanges and celebrated with a burn rate of over 10 million SHIB tokens in 24 hours.
• As the Layer-2 solution is expected to be released soon, BONE continues to trade below the $2 resistance level.
Crypto.com Lists Shiba Inu’s Shibarium Governance Token
Crypto.com recently listed Shiba Inu’s Shibarium governance token, Bone ShibaSwap (BONE), which surged in market value by 29% in the last 30 days. This move was welcomed by the SHIB Army and is seen as a step forward towards the launch of Shibarium’s Layer-2 solution.
SHIB Army Petition and Token Burn
The SHIB Army had previously written a petition on Change.org asking for BONE to be included on major exchanges. Following Crypto.com’s announcement, they celebrated with a burn rate of over 10 million SHIB tokens within 24 hours, aiming to remove them from circulation long term and increase their value overtime.
Shibarium Beta Release Imminent
Although BONE has grown significantly since its listing on Cryptocurrency, it remains trading below the crucial $2 resistance level at press time ($1.68). The release of Shibarium’s Beta version is still due and will be game-changing for two year old ERC-20 token holders who must hold BONE as an official gas fee token on its blockchain platform once live.
Whales Accumulate BONE
As Crypto Market whales accumulate more BONE before the release of Shibarium’s Layer 2 Solution, many are hopeful that it will push SHIB up to $1 per coin – something that hasn’t been seen since 2021 when the memecurrency ranked number 8th overall on CoinGecko rankings!
The recent news from Crypto .com has been highly anticipated among Shiba Inu holders who are eager for Shibarium’s launch and potential price surge as well as increased token burns to reduce circulation long term and increase its value over time