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JUST IN: #SkyBridge announced a new $250M fund to accelerate #dApp growth on #Algorand! Focusing on new financial applications across North America and the Middle East, this initiative will unlock a new wave of #DeFi applications on #Algorand
www.algorand.com/resources/ecosystem-announcements/skybridge-and-nax-announce-partnership-to-accelerate-growth-of-dapps-on-algorand
www.algorand.com/resources/ecosystem-announcements/skybridge-and-nax-announce-partnership-to-accelerate-growth-of-dapps-on-algorand
โ ๏ธ I had prepared lots of things to tell you about Algorand, their new projects, its better CMC ranking, the "5th Wave Extension Impulsive Elliott Wave" that is known to be extremely difficult to trade, BUT unfortunately I got a power cut and I lost all contents of my file computer. ๐ช
Please, find below the targets and TA attached. I'm so sorry for the delay, especially as I just see #ALGO starting to rise towards the next resistance.
๐ฉ#ALGORAND - #DeFi to #FutureFi
(5th Wave Extension Impulsive Elliott Waves)
๐ #ALGOUSDT (Huobi) Take-Profit Targets:
โซ๏ธNew Buying Entry on 26/09: $1.70++
๐นTP1: $1.99
๐นTP2: $2.33
๐นTP3: $2.75
๐นTP4: $3.05
๐นTP5: $3.46 (ATH) +104%
๐นTP6: $3.99 (ATH) +129%
๐นTP7: $4.50 (ATH) +164%
PS: the last target is yours, Tommy! ๐
Please, find below the targets and TA attached. I'm so sorry for the delay, especially as I just see #ALGO starting to rise towards the next resistance.
๐ฉ#ALGORAND - #DeFi to #FutureFi
(5th Wave Extension Impulsive Elliott Waves)
๐ #ALGOUSDT (Huobi) Take-Profit Targets:
โซ๏ธNew Buying Entry on 26/09: $1.70++
๐นTP1: $1.99
๐นTP2: $2.33
๐นTP3: $2.75
๐นTP4: $3.05
๐นTP5: $3.46 (ATH) +104%
๐นTP6: $3.99 (ATH) +129%
๐นTP7: $4.50 (ATH) +164%
PS: the last target is yours, Tommy! ๐
Power Crypto Club
๐ฉ#ALGORAND - #DeFi to #FutureFi (Bullish Ascending Triangle) ๐ #ALGOBTC Take-Profit Targets: โซ๏ธBuying Entry on 03/10: 3800++ Sat ๐นTP1: 4300 ๐นTP2: 4900 ๐นTP3: 5300 ๐นTP4: 6400 ๐นTP5: 7700 +90% ๐ #ALGOUSD https://t.me/PowerCryptoClub/1753
๐ I love this News! Have a great Saturday, everyone.
โก๏ธMoneyGram partners with Ripple competitor Stellar to settle transactions with #USDC Stablecoin.
๐ FYI, #USDC runs on several blockchains as #Ethereum, #Stellar, #Solana and my favorite #Algorand
https://www.coindesk.com/business/2021/10/06/moneygram-partners-with-stellar-and-usdc-for-blockchain-based-payments/
โก๏ธMoneyGram partners with Ripple competitor Stellar to settle transactions with #USDC Stablecoin.
๐ FYI, #USDC runs on several blockchains as #Ethereum, #Stellar, #Solana and my favorite #Algorand
https://www.coindesk.com/business/2021/10/06/moneygram-partners-with-stellar-and-usdc-for-blockchain-based-payments/
CoinDesk
MoneyGram Partners With Stellar and USDC for Blockchain-Based Payments
The firms will begin a pilot this year followed by a gradual rollout in early 2022.
โก๏ธHere is a very interesting article from #Metapunks to easily understand why they chose #Algorand blockchain among #Solana, #Polygon, #Avalanche, #Ethereum and #BSC.
https://medium.com/@metapunks.world/why-algorand-e7211775cf9d
https://medium.com/@metapunks.world/why-algorand-e7211775cf9d
Medium
Why Algorand?
Metapunks is not an average NFT project which mindlessly follows the hype and launches on Ethereum, BSC or Solana. We have chosen theโฆ
๐ฉ#Algorand End-of-Year Bullrun? 120%-200% Potential
๐ UPDATE: This is the second #ALGOUSD signal with TA made on Bittrex Chart. The previous #ALGOUSDT signal was shared on 27/09 with TA made on Huobi Chart, and is still in progress (not invalidated as mentioned in my previous note here). Regardless of the #ALGO Chart on Huobi or Bittrex, both price structures are similar to other exchanges charts, including Binance.
So now we have 2 open trade pairing #USD / $USDT on-going. If you Love, you don't Count! ๐
๐ #ALGOUSD Take-Profit Targets:
โซ๏ธBuy Entry on 09/11: $2.00++
๐นTP1: $2.54
๐นTP2: $2.90
๐นTP3: $3.50 (ATH)
๐นTP4: $3.98 (Fib 161.8)
๐นTP5: $4.40 +120%
โซ๏ธSecond Round (2022 or earlier)
๐นTP6: $4.87
๐นTP7: $5.50
๐นTP8: $6.30 (Fib 261.8) +215%
๐ UPDATE: This is the second #ALGOUSD signal with TA made on Bittrex Chart. The previous #ALGOUSDT signal was shared on 27/09 with TA made on Huobi Chart, and is still in progress (not invalidated as mentioned in my previous note here). Regardless of the #ALGO Chart on Huobi or Bittrex, both price structures are similar to other exchanges charts, including Binance.
So now we have 2 open trade pairing #USD / $USDT on-going. If you Love, you don't Count! ๐
๐ #ALGOUSD Take-Profit Targets:
โซ๏ธBuy Entry on 09/11: $2.00++
๐นTP1: $2.54
๐นTP2: $2.90
๐นTP3: $3.50 (ATH)
๐นTP4: $3.98 (Fib 161.8)
๐นTP5: $4.40 +120%
โซ๏ธSecond Round (2022 or earlier)
๐นTP6: $4.87
๐นTP7: $5.50
๐นTP8: $6.30 (Fib 261.8) +215%
๐
Since the "2017 Alts Season" when almost the entire market was in bullrun, this has evolved for months with bullruns of small groups of 4-6 coins, and which change every 7-10 days after reaching their high targets. IMHO, in the list below you have at least 2-3 coins that should be part of the next bullrun departure.
โซ๏ธ ACTIVES PRICING STRUCTURES
๐โ๐จ#TheGraph (exit breakout)
๐โ๐จ#Stellar (testing breakout)
๐โ๐จ#HederaHashgraph (exit breakout)
๐โ๐จ#Holochain (exit breakout)
๐โ๐จ#Ravencoin (exit breakout)
๐โ๐จ#Ultra (testing ATH)
๐โ๐จ#Axie Infinity (testing ATH)
๐โ๐จ#Alice (exit breakout)
๐โ๐จ#Qtum (exit breakout)
๐โ๐จ#THETA (exit breakout)
๐โ๐จ#Tellor (testing breakout)
๐โ๐จ#Elrond (testing ATH)
๐โ๐จ#Chainlink (testing breakout)
๐โ๐จ#BinanceSC (testing ATH)
๐โ๐จ#Solana (testing ATH)
๐โ๐จ#Ocean (testing breakout)
๐โ๐จ#Nebulas (testing breakout)
๐โ๐จ#Cardano (exit breakout)
๐โ๐จ#SingularityNET (testing breakout)
๐โ๐จ#VITElabs (exit breakout)
โซ๏ธRecently shared signals:
๐โ๐จ#AirSwap (exit breakout) +26%
๐โ๐จ#Injectiv (exit breakout) +15%
๐โ๐จ#Akash (exit breakout) +23%
๐โ๐จ#Utrust (exit breakout) +29%
๐โ๐จ#Algorand (no movement)
PS: The percent (%) is the last high price.
โซ๏ธ ACTIVES PRICING STRUCTURES
๐โ๐จ#TheGraph (exit breakout)
๐โ๐จ#Stellar (testing breakout)
๐โ๐จ#HederaHashgraph (exit breakout)
๐โ๐จ#Holochain (exit breakout)
๐โ๐จ#Ravencoin (exit breakout)
๐โ๐จ#Ultra (testing ATH)
๐โ๐จ#Axie Infinity (testing ATH)
๐โ๐จ#Alice (exit breakout)
๐โ๐จ#Qtum (exit breakout)
๐โ๐จ#THETA (exit breakout)
๐โ๐จ#Tellor (testing breakout)
๐โ๐จ#Elrond (testing ATH)
๐โ๐จ#Chainlink (testing breakout)
๐โ๐จ#BinanceSC (testing ATH)
๐โ๐จ#Solana (testing ATH)
๐โ๐จ#Ocean (testing breakout)
๐โ๐จ#Nebulas (testing breakout)
๐โ๐จ#Cardano (exit breakout)
๐โ๐จ#SingularityNET (testing breakout)
๐โ๐จ#VITElabs (exit breakout)
โซ๏ธRecently shared signals:
๐โ๐จ#AirSwap (exit breakout) +26%
๐โ๐จ#Injectiv (exit breakout) +15%
๐โ๐จ#Akash (exit breakout) +23%
๐โ๐จ#Utrust (exit breakout) +29%
๐โ๐จ#Algorand (no movement)
PS: The percent (%) is the last high price.
Power Crypto Club
โ ๏ธ I had prepared lots of things to tell you about Algorand, their new projects, its better CMC ranking, the "5th Wave Extension Impulsive Elliott Wave" that is known to be extremely difficult to trade, BUT unfortunately I got a power cut and I lost all contentsโฆ
๐ฅ#Algorand #ALGOUSDT Hits a New ATH on Huobi, at $5.53 per token.
๐ All-Target Successfully Achieved with 164.71% profits, over 51 days. Trade Closed.
๐ #ALGOUSDT Take-Profit Targets:
โซ๏ธNew Buying Entry on 26/09: $1.70
๐นTP1: $1.99 โ +17.06% /6-day
๐นTP2: $2.33 โ +37.06% /46-day
๐นTP3: $2.75 โ +61.77% /52-day
๐นTP4: $3.05 โ +79.41% /52-day
๐นTP5: $3.46 โ +103.53% /52-day ๐
๐นTP6: $3.99 โ +134.71% /52-day ๐
๐นTP7: $4.50 โ +164.71% /52-day ๐๐
๐ All-Target Successfully Achieved with 164.71% profits, over 51 days. Trade Closed.
๐ #ALGOUSDT Take-Profit Targets:
โซ๏ธNew Buying Entry on 26/09: $1.70
๐นTP1: $1.99 โ +17.06% /6-day
๐นTP2: $2.33 โ +37.06% /46-day
๐นTP3: $2.75 โ +61.77% /52-day
๐นTP4: $3.05 โ +79.41% /52-day
๐นTP5: $3.46 โ +103.53% /52-day ๐
๐นTP6: $3.99 โ +134.71% /52-day ๐
๐นTP7: $4.50 โ +164.71% /52-day ๐๐
Power Crypto Club
๐ฉ#Algorand End-of-Year Bullrun? 120%-200% Potential ๐ UPDATE: This is the second #ALGOUSD signal with TA made on Bittrex Chart. The previous #ALGOUSDT signal was shared on 27/09 with TA made on Huobi Chart, and is still in progress (not invalidated as mentionedโฆ
Power Crypto Club
โ ๏ธ I had prepared lots of things to tell you about Algorand, their new projects, its better CMC ranking, the "5th Wave Extension Impulsive Elliott Wave" that is known to be extremely difficult to trade, BUT unfortunately I got a power cut and I lost all contentsโฆ
๐ It's an easy COPY/PAST from my trading signal shared on 26/09 which generated +165% gains, with the same targets and buy entry price! I just added another TP to the New ATH at $5.50
๐ฉ#ALGORAND - #DeFi to #FutureFi
(5th Wave Extension Impulsive Elliott Waves)
๐ #ALGOUSDT (Huobi) Take-Profit Targets:
โซ๏ธNew Buying Entry on 29/11: $1.70++
๐นTP1: $1.99
๐นTP2: $2.33
๐นTP3: $2.75
๐นTP4: $3.05
๐นTP5: $3.46
๐นTP6: $3.99
๐นTP7: $4.50 +165%
๐นTP8: $5.50 +220% (New ATH)
PS: the last target is yours, Tommy! ๐
๐ฉ#ALGORAND - #DeFi to #FutureFi
(5th Wave Extension Impulsive Elliott Waves)
๐ #ALGOUSDT (Huobi) Take-Profit Targets:
โซ๏ธNew Buying Entry on 29/11: $1.70++
๐นTP1: $1.99
๐นTP2: $2.33
๐นTP3: $2.75
๐นTP4: $3.05
๐นTP5: $3.46
๐นTP6: $3.99
๐นTP7: $4.50 +165%
๐นTP8: $5.50 +220% (New ATH)
PS: the last target is yours, Tommy! ๐
Power Crypto Club
๐ It's an easy COPY/PAST from my trading signal shared on 26/09 which generated +165% gains, with the same targets and buy entry price! I just added another TP to the New ATH at $5.50 ๐ฉ#ALGORAND - #DeFi to #FutureFi (5th Wave Extension Impulsive Elliott Waves)โฆ
โก๏ธ#Algorand is the Crypto from Top-20 to be totally undervalued, despite a solid project with its blockchain development that has real value for the DeFi and other purposes. Starting in 2020, several stablecoins like $USDT, $USDC, $QCAD, or more recently $rUSD, $TRYB and the Marshallese Sovereign $SOV were launched on the Algorand Network.
๐ฉTrade: #ALGOUSDT "Algorand" (Rank #19)
โซ๏ธBuy: $1.65++
๐นTP1: $2.00
๐นTP2: $2.38
๐นTP3: $2.80 (Fib. 61.8)
๐นTP4: $3.45 (New ATH on Binance)
๐นTP5: $3.99
๐นTP6: $4.65
๐นTP7: $5.27 (Fib. 161.8)
๐นTP8: $5.77 (New ATH on Huobi)
โ๏ธS/L: xxx
๐ฉTrade: #ALGOUSDT "Algorand" (Rank #19)
โซ๏ธBuy: $1.65++
๐นTP1: $2.00
๐นTP2: $2.38
๐นTP3: $2.80 (Fib. 61.8)
๐นTP4: $3.45 (New ATH on Binance)
๐นTP5: $3.99
๐นTP6: $4.65
๐นTP7: $5.27 (Fib. 161.8)
๐นTP8: $5.77 (New ATH on Huobi)
โ๏ธS/L: xxx
๐ฅ#SmileCoin gives gamers a reason to smile by eliminating centralized payment processors. The project is building a payment gateway DApp on the #Algorand blockchain.
https://cointelegraph.com/news/vitalik-proposes-new-multidimensional-ethereum-fee-structure
https://cointelegraph.com/news/vitalik-proposes-new-multidimensional-ethereum-fee-structure
Cointelegraph
Vitalik proposes new โmultidimensionalโ Ethereum fee structure
Ethereum co-founder Vitalik Buterinhas proposed a new gas fee structure using multidimensional calculations for different resources in the EVM.
๐
$ALGO should definitely be in every portfolioโผ๏ธ
โซ๏ธ#Algorand was the first blockchain with a stablecoin implementation based on a framework that is Powered by #USDC
โซ๏ธDid you know? Algorand's Blockchain is used by $USDC and also #USDC, which together have over 65% dominance of the Total Stablecoin Market Cap, that has a value of $185 billion and a daily trading volume of about $50 billion. That's HUGE!
โซ๏ธList of Stablecoins on Algorand Blockchain:
๐นTether #USDT
๐นUCDcoin #USDC
๐นStablecor #QCAD (Canadian dollar)
๐นCBDC #SOV (Marshall Islands stablecoin)
๐นBrazil Real Digital #BRZ (Real stablecoin)
๐นMeld-Gold #MCAU (gold-backed stablecoin)
๐นMESE-USD (micro equity stock exchange)
๐นRealioUSD #rUSD (real estate)
๐นMonerium (Icelandic krona, euro, pound)
๐นe-Money #eEUR (Euro stablecoin)
๐นe-Money #eCHF (Swiss franc stablecoin)
๐นe-Money #eSEK (Swedish krona stablecoin)
โซ๏ธ#Algorand was the first blockchain with a stablecoin implementation based on a framework that is Powered by #USDC
โซ๏ธDid you know? Algorand's Blockchain is used by $USDC and also #USDC, which together have over 65% dominance of the Total Stablecoin Market Cap, that has a value of $185 billion and a daily trading volume of about $50 billion. That's HUGE!
โซ๏ธList of Stablecoins on Algorand Blockchain:
๐นTether #USDT
๐นUCDcoin #USDC
๐นStablecor #QCAD (Canadian dollar)
๐นCBDC #SOV (Marshall Islands stablecoin)
๐นBrazil Real Digital #BRZ (Real stablecoin)
๐นMeld-Gold #MCAU (gold-backed stablecoin)
๐นMESE-USD (micro equity stock exchange)
๐นRealioUSD #rUSD (real estate)
๐นMonerium (Icelandic krona, euro, pound)
๐นe-Money #eEUR (Euro stablecoin)
๐นe-Money #eCHF (Swiss franc stablecoin)
๐นe-Money #eSEK (Swedish krona stablecoin)
BREAKING NEWS: Monday, 2 May 2022
โฝ๏ธ World footballโs governing body confirms collaboration with green blockchain technology company #Algorand
โฝ๏ธ #Algorand will become the official blockchain platform of #FIFA
โฝ๏ธ Partnership announced by #FIFA President Gianni Infantino and #Algorand founder Silvio Micali in Los
Angeles, USA.
โThis partnership with FIFA, the most globally recognised and distinguished organisation in sports, will showcase the potential that the Algorand blockchain has to transform the way we all experience the worldโs game.โ
#ALGOFAM
https://www.fifa.com/about-fifa/president/media-releases/fifa-announces-partnership-with-blockchain-innovator-algorand
โฝ๏ธ World footballโs governing body confirms collaboration with green blockchain technology company #Algorand
โฝ๏ธ #Algorand will become the official blockchain platform of #FIFA
โฝ๏ธ Partnership announced by #FIFA President Gianni Infantino and #Algorand founder Silvio Micali in Los
Angeles, USA.
โThis partnership with FIFA, the most globally recognised and distinguished organisation in sports, will showcase the potential that the Algorand blockchain has to transform the way we all experience the worldโs game.โ
#ALGOFAM
https://www.fifa.com/about-fifa/president/media-releases/fifa-announces-partnership-with-blockchain-innovator-algorand
Fifa
FIFA announces partnership with blockchain innovator Algorand
FIFA has teamed up with blockchain technology company Algorand to agree a sponsorship and technical partnership deal.
๐
My latest Alts selection wouldn't have been complete without one of my Crypto favorites, named #ALGORAND of course!
Very useful blockchain and fully operational in different sectors, with a strong team focused on their blockchain development and all around, more than their marketing, and with a steady token price progression until the recent crypto-crash.
$ALGO, ranked #27 is one of the most reliable Cryptos that still remains undervalued, and should be seen at least in the Top15.
IMHO, now is a good time to strengthen your position or add $ALGO to your long-term portfolio. My first target is $1 over the next 12 months, or +200%. ๐
#AlgoFam #DeFi #TradFi #Web3 #USDC #FIFA #Consensus2022
Very useful blockchain and fully operational in different sectors, with a strong team focused on their blockchain development and all around, more than their marketing, and with a steady token price progression until the recent crypto-crash.
$ALGO, ranked #27 is one of the most reliable Cryptos that still remains undervalued, and should be seen at least in the Top15.
IMHO, now is a good time to strengthen your position or add $ALGO to your long-term portfolio. My first target is $1 over the next 12 months, or +200%. ๐
#AlgoFam #DeFi #TradFi #Web3 #USDC #FIFA #Consensus2022
โจLayer-1 & Layer-2 Blockchain Scaling Solutions
For blockchains to compete with legacy payments processors, they need to be able to process high volumes of transactions quickly, at a low cost.
โซ๏ธWhy is Scalability Important?
The main goal of scalability is to increase transaction speed (faster finality) and transaction throughput (higher transactions per second) without sacrificing decentralization or security.
โซ๏ธThere are 2 primary ways to achieve blockchain scalability: Layer-1 & Layer-2 Solutions. ๐๐
1๏ธโฃ LAYER-1
It's a network that acts as infrastructure for other applications, protocols, and networks to build on top of. A public decentralized layer-1 network's primary characteristic is its consensus mechanism.
๐น#Bitcoin
๐น#LItecoin
๐น#Algorand
๐น#Cardano
๐น#Hedera
๐น#Solana
๐น#Ethereum 2.0 is one high-profile blockchain protocol that is exploring shards, along with #Zilliqa, #Tezos, and #Qtum.
2๏ธโฃ LAYER-2
It refers to a secondary framework or protocol that is built on top of an existing blockchain system. The main goal of these protocols is to solve the transaction speed and scaling difficulties that are being faced by the major crypto networks.
๐น#Polygon
๐น#Arbitrum
๐น#Loopring
๐น#ImmutableX
๐น#xDaiChain
โซ๏ธLayer-1 vs Layer-2 Key Differences
The main difference between layer-1 vs layer-2 scalability solutions lies in their role and focus on the blockchain. ๐๐๐
๐ Layer-1 is here to improve the blockchain architecture, while layer-2 is here to build third-party networks on top of the main blockchain.
๐ Layer-1 can provide the most effective solution in large-scale protocol upgrades. However, using this method also means that the validator must be convinced to accept changes via a hard fork.
๐ Layer-2 provides a faster way to increase scalability. However, users can potentially lose the level of security of the original blockchain due to the use of third parties.
โซ๏ธConclusion
๐๐ปLayer-1 and layer-2 are just two sides of the same scaling solution. Therefore, they have a strategy designed to make the blockchain network faster and more accommodating for a rapidly growing user base.
๐๐ปThese strategies also do not outperform each other, and many blockchain networks are exploring combinations of layer-1 and layer-2 scaling solutions on blockchains to achieve increased scalability without compromising security or adequate decentralization.
For blockchains to compete with legacy payments processors, they need to be able to process high volumes of transactions quickly, at a low cost.
โซ๏ธWhy is Scalability Important?
The main goal of scalability is to increase transaction speed (faster finality) and transaction throughput (higher transactions per second) without sacrificing decentralization or security.
โซ๏ธThere are 2 primary ways to achieve blockchain scalability: Layer-1 & Layer-2 Solutions. ๐๐
1๏ธโฃ LAYER-1
It's a network that acts as infrastructure for other applications, protocols, and networks to build on top of. A public decentralized layer-1 network's primary characteristic is its consensus mechanism.
๐น#Bitcoin
๐น#LItecoin
๐น#Algorand
๐น#Cardano
๐น#Hedera
๐น#Solana
๐น#Ethereum 2.0 is one high-profile blockchain protocol that is exploring shards, along with #Zilliqa, #Tezos, and #Qtum.
2๏ธโฃ LAYER-2
It refers to a secondary framework or protocol that is built on top of an existing blockchain system. The main goal of these protocols is to solve the transaction speed and scaling difficulties that are being faced by the major crypto networks.
๐น#Polygon
๐น#Arbitrum
๐น#Loopring
๐น#ImmutableX
๐น#xDaiChain
โซ๏ธLayer-1 vs Layer-2 Key Differences
The main difference between layer-1 vs layer-2 scalability solutions lies in their role and focus on the blockchain. ๐๐๐
๐ Layer-1 is here to improve the blockchain architecture, while layer-2 is here to build third-party networks on top of the main blockchain.
๐ Layer-1 can provide the most effective solution in large-scale protocol upgrades. However, using this method also means that the validator must be convinced to accept changes via a hard fork.
๐ Layer-2 provides a faster way to increase scalability. However, users can potentially lose the level of security of the original blockchain due to the use of third parties.
โซ๏ธConclusion
๐๐ปLayer-1 and layer-2 are just two sides of the same scaling solution. Therefore, they have a strategy designed to make the blockchain network faster and more accommodating for a rapidly growing user base.
๐๐ปThese strategies also do not outperform each other, and many blockchain networks are exploring combinations of layer-1 and layer-2 scaling solutions on blockchains to achieve increased scalability without compromising security or adequate decentralization.
โก๏ธSince #Cardano founder Charles Hoskinson announced 2 weeks ago that #Algorand was now on the #Cardano_Network in reaction to the news that Mikomedia A1 Rollup was live on #Algorand, the price of $ALGO jumped by almost +55%, with a potential breakout to be tested soon in order to exit this range by North.