The blockchain industry keeps progressing day by day, and new projects keep emerging all the time. However, few of them manage to attract keen interest from the overall empowering blockchain community. Everyone is keeping a close eye on the emergence of a new cryptocurrency that within a blink became one of the most demanding assets in terms of market capitalization.
Some of the trending yet fluctuating cryptocurrencies are MATIC and DOGE coins along with a new name added TWTZ Tokens. You might be aware of the first two names given in the listing, though TWTZ is a fresh social network-based cryptocurrency designed for the entire Twtzer ecosystem.
Website : https://twtzer.com/
Currently, you will find the beta version of this asset, however, the way the platform is designed gives a promising future, we thought to add it to this article.
Despite Crypto Market in Red Sea — MATIC Uptrends 5% in 24 Hours
MATIC was developed with the sole objective to provide a multifunctional and multipurpose advantage in all sorts of conditions. Recently, the protocol network was rebranded to Polygon [Ethereum’s IOB]. The prevailing MATIC solutions are still a functional and high priority, along with the MATIC token holding the significance to secure and govern the network.
Polygon (MATIC) shared its plans to improvise its support for the Ethereum network for quick scalability and minimize the growing transaction costs. The project will put forward the structure to this ecosystem offering a framework for faster growth. MATIC is the native cryptocurrency of Polygon that recently soared past the $1 mark for the first time after August.
This hype was after the successful partnership with Meta, formerly Facebook. The token also began getting traction in October right after a collaboration with Robinhood for its new Web3 wallet. The users were then enabled to send and receive MATIC assets on its brokerage. After this news, MATIC surged around 20%.
In April, there was a report estimating Polygon to potentially reach a $13trn metaverse economy altogether by 2030. Here’s some update: https://twitter.com/0xPolygon/status/1519717880861847552. Check out the details of Polygon’s price.
· Cryptocurrency — Polygon
· Ticker Symbol — MATIC
· Price — $0.9102
· Price Change 24h — -$0.2444
· Market cap — $7,920,005,186
· Circulating Supply — 8,734,317,475 MATIC coins
· Trading Volume — $2,155,960,947
Polygon’s recent recovery led to the bullish MATIC token price predictions yet some points are down as of today. The project has many anticipating new price records to set in the near future.
DOGE Might Set for A Pump
The first ever dog-themed meme coin is Dogecoin released in 2013 with a keen competitor of Bitcoin (BTC). Although its first initiation was unstable, sooner it gained popularity among crypto users. The fame attracted popularity due to its low value (of $0.000232) which was convenient for small online transactions, giving a heads up for major content creators over the social media platforms.
Like other digital assets, the value of Dogecoin dropped last year, falling around 60% since the start of 2022 and above 90% after it reached an all-time high in May 2021. However, this coin is still among the biggest cryptocurrency as the acquisition of Twitter by Elon Musk greatly influenced the Dogecoin price.
The price prediction states that it will reach $0.106331 by November 2022. As for wallet investors, the price is estimated to get over $0.00420 by October 2023. By the next year, the price could reach an average of $0.47.
TWTZ — Saviour Cryptocurrency for Environmentally Concerned Investors
Twtzer is the next decentralized social blockchain that is developed to merge the features and protocols of social media and cryptocurrency. This is a DESO crypto project that will definitely speed up the mass adoption of cryptocurrency through the initiative of IPO and ICO of TWTZ tokens.
It plans to create the most efficient ambassador giving the proper authentication to every user experiencing the balance between social media space and the real world.
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The team specifies the project to be the only blockchain custom-built prospering from the ground up to power, hike, and scale a new sector of DESO applications. It targets to reach 1 billion users while exploring the plans to properly develop an ecosystem occupying several decentralized social media apps.
The data of the user within this project model is secured on-chain, where no monopoly has access to the internal content.
Twtzer DESO believes the ongoing development of this social media business model will give open access to every user holding and managing their own data sets. Unlike other private companies possessing the centralized content and its monetization which in fact leads to unexpected data moats.
The team is designing the platform while putting social media content on a public blockchain, instead of handing the information to a central private firm in order to monopolize.
This project is here to establish an economy of scale worth on the decentralized blockchain more powerful enough to rival, and definitely surpass the projects of traditional media giants. Their unique strategy will surely give the TWTZ currency a strong appeal. Unlike other assets in the market, this token is designed with many useful features.
It will support mobile applications along with developer kits that seem extremely user-friendly. Moreover, several application platforms will be presented on the official ecosystem to create a surreal experience.
Twtzer platform ensures accessibility providing Layer 2 solutions with layers of security and a transparent interface.
Multifunctional attributes of this Twtzer allow diversified users to join the network for free providing excellent security and protection measures for data and transactions. Since the project is under development and has released its beta version, experts are betting on TWTZ to start pumping huge returns to its investors right after the official launch.
Currently, the project has launched its IPO crowdfunding round worth 30% of the total shares will be distributed to the crowd. The event went live today, so be the early adopter to join the program and reserve the TWTZ tokens with lifetime shares and earn dividends of application revenue.
Final Thoughts
You will find several factors that play a crucial role in the future of digital assets right from the entire macroeconomic environment to the approval of the crypto markets considering its level of adoption. Remember that the decision taken while trading should be based on your attitude to risk, your knowledge in this market, the advancement of your investment portfolio, and the level of assurance you feel about dropping some money. The market in cryptocurrency is very volatile and can fluctuate at any moment which involves high risk. So, never invest your money carelessly that you cannot afford to lose.
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Topic: Matic, DOGE Price Prediction, and TWTZ Token ICO (Read 39 times)
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