Jamie McNeill
Crypto prices have been struggling over the course of 2022 thanks to an extremely high amount of leverage and ebullience in the markets.
After the correction, there were a series of bankruptcies throughout the course of 2022 as high profile centralised custodians imploded.
Some of the most significant, such as Celsius and FTX, have left a huge taint on the industry for years to come, and have hampered the industry greatly.
Nevertheless, there are reasons to be bullish in all the chaos, and there are many projects that are looking to capitalise on the growth of the next bull market.
Fears over Binance insolvency have calmed
Over the course of the last few weeks there has been heightened scrutiny over the solvency of Binance, and this uncertainty has been reflected in the declining price of BNB.
Binance has been stress-tested over the course of the last week, with billions of dollars having been withdrawn from the exchange.
Nevertheless, their resilience and professionalism at dealing with these withdrawals has actually cemented confidence in the exchange somewhat.
Inflation appears to be coming down
Fortunately, the inflation expectations have lowered somewhat, given that the most recent inflation data didn’t show inflation to be as high as was was originally expected.
With lower inflation expectations, central banks feel that they have more flexibility when it comes to further stimulus – which will most certainly be required at some point over the coming years as demand falls.
Sentiment shifts to “risk on” assets as assets are struggling
Over the course of the last few weeks there has been a clear shift in sentiment as investors have demonstrated a larger appetite for “risk on” assets.
This has come with growing expectations that the Federal Reserve has little choice but to pivot within the coming months, as continuing to raise interest rates as they have been doing in the past could well crash the stock market.
Asset prices have been struggling in an environment when bonds have been performing well, but this trend is only expected to be temporary – when the Federal Reserve pivots, assets ought to recover once more.
FGHT
FightOut is a brand new project that is making progress in the “move to earn” space, having now successfully managed to raise $2.2m at its presale.
Those who exercise using the FightOut platform can record and track their progress in real time with their metaverse avatars.
In this way, people are incentivised to use the blockchain for the rewards they can accumulate by leading a healthier lifestyle.
D2T
Dash 2 Trade is a crypto signals and trading platform that helps struggling traders by providing them with all of the tools that they need in order to be able to navigate the markets more effectively.
Positioning itself as the “Bloomberg terminal of crypto”, Dash 2 Trade has now managed to raise over $10m in their presale by selling their D2T token, which is required for full access to the platform.
Those who wish to make use of the full feature set that is offered by the Dash 2 Trade dashboard are required to pay a monthly subscription denominated in D2T tokens, meaning that there is always demand for the token.
Moreover, unlike the Bloomberg terminal itself, those who use the Dash 2 Trade platform have access to far greater utility and far more reasonable costs – a Bloomberg terminal requires a yearly subscription of $30k.
CCHG
CCHG is the native token of C-Charge, which hopes to be one of the greenest crypto projects of the entire year, in that it works efficiently to ensure that the carbon credit industry is democratised through the use of blockchains.
C-Charge is building a robust peer to peer payment system that allows for EV charging systems to be interact seamlessly with blockchains to make the entire grid more efficient. Until now, electric vehicle manufacturers have been struggling to find an efficient and environmentally-friendly way to charge vehicles, and CCHG offers a solution to this.
Users of the platform will be able to pay to charge their electric vehicles with the CCHG token itself.
The price of CCHG currently stands at just $0.013, but this will rise in the next stage of the presale to $0.0165.
Did you know?
Averagely, a household can save 1.6 tons of carbon emissions by switching to renewable energy.
Join our community and learn more about how to save the earth ⬇️https://t.co/ixe18bPqzI pic.twitter.com/oaxaWIG9il
— C+Charge (@C_Charge_Token) December 21, 2022
RIA
Calvaria is a brand new play to earn gaming ecosystem that is to operate across multiple different blockchains.
Thus far, their presale has been developing and they are making strong progress – the total raise now stands at an impressive $2.5m, and RIA is now in the final stage of its presale.
TARO
RobotEra is a brand new metaverse that is making its way onto the scene, and is backed by its native currency TARO.
The TARO token is to be used for all things related to the RobotEra metaverse, including the sale of land and skins.
Moreover, the TARO token is to be used for rewards distributions as part of the game’s play to earn features and as a governance token.
The TARO presale is currently live on the RobotEra website, where the token is selling for $0.02 – at the next stage of the presale the price will rise to $0.025.
Relevant news:
- Move-to-Earn Hit Project FightOut Raises Nearly $3m in Presale – Where to Buy
- Here’s Why BNB Price Could Fall Below $200 But FightOut (FGHT) is a Profitable Alternative
- Crypto’s Best Analytics and Signals Platform Raises $10.3m – Only 16 days to Go, Lists Jan 11th
Love Hate Inu - Next Big Meme Coin
- First Web3 Vote to Earn Platform
- Vote on Current Topics and Earn $LHINU Tokens
- Secure, Reliable and Anonymous Voting
- Rug Pull Proof - 90% of Tokens Available in Presale
- Accumulate Voting Power by Staking $LHINU Tokens
This article was written for Business 2 Community by Jamie McNeill.
Learn how to publish your content on B2C
Join our Telegram channel to stay up to date on breaking news coverage
Add B2C to your Google News Feed
Discuss This Article
Add a New Comment /Reply
Thanks for adding to the conversation!
Our comments are moderated. Your comment may not appear immediately.