Earn Rewards and Invest With STEPN: 107% Increase in Price!

• STEPN (GMT) is a healthy lifestyle app with social finance and play-to-earn games components.
• In the past month, the token has seen a 107% increase in price due to the broad rally in cryptocurrencies.
• STEPN won the 2021 Solana Ignition hacking challenge and received a $5 million funding round from private equity powerhouse Sequoia Capital.

STEPN (GMT) is a healthy lifestyle app with a unique move-to-earn concept that combines social finance and play-to-earn games. It was developed by a team of experienced software developers, game designers, and financial experts to make life more enjoyable and rewarding. In March of 2022, STEPN won the 2021 Solana Ignition hacking challenge and received a $5 million funding round from private equity powerhouse Sequoia Capital. Since then, the token has seen an incredible 107% increase in price due to the broad rally in cryptocurrencies.

The move-to-earn concept is based on the idea that users can earn rewards for taking part in activities that promote a healthy lifestyle. Specifically, users can earn rewards for activities such as exercising, eating healthy, and participating in physical activities. Users can then use their rewards to purchase goods and services from the STEPN marketplace or exchange them for other digital assets.

The token also offers a variety of social finance features. Users can earn rewards through various activities and use them to invest in different projects. They can also use the token to invest in other users’ projects, or they can lend out their tokens to other users in the network. The token also has a built-in tracking system that allows users to monitor their investments and track their progress over time.

The move-to-earn concept has become increasingly popular in recent months, as more users are looking for ways to make money while doing something they enjoy. The healthy lifestyle app has gained a lot of traction, and the 107% increase in price is an indication of the demand for the token.

As more users join the platform and the token continues to grow in popularity, it is likely that the price of the token will continue to rise. Investors should be aware of the risks associated with investing in any digital asset, but with the potential for big gains, the STEPN token is definitely worth a look.

Aave (AAVE) Soars as GHO Launches; Market Cap Grows to $14B

• AAVE is a decentralized finance (DeFi) platform built on Ethereum that allows users to earn interest, borrow and lend crypto assets.
• The token native to the AAVE protocol is known as the Aave token (AAVE), which has seen explosive growth in market capitalization in recent months.
• AAVE, formerly known as ETHLend, was founded by Stani Kulechov in November 2017 and raised $16.2 million through an ICO round.

The DeFi revolution has taken the world by storm, with projects like Aave (AAVE) leading the charge in terms of innovation and adoption. Aave is a decentralized finance (DeFi) platform built on Ethereum that allows users to earn interest, borrow and lend crypto assets. The token native to the Aave protocol is known as the Aave token (AAVE), which has seen explosive growth in market capitalization in recent months.

AAVE was founded by Stani Kulechov in November 2017 and raised $16.2 million through an ICO round. The Aave Companies have provided an update on the development of their own stablecoin called GHO. This includes the GHO technical paper and details on the first GHO audit. In December 2022, the AAVE token, which is native to the money market protocol, began to rebound as the decentralized autonomous organization (DAO) prepared to launch GHO. The token’s recovery is quite noteworthy in the context of the DeFi market losing nearly $100 billion in total value locked (TVL) during the summer 2022 crypto crash.

At the time of writing, the price of AAVE sits at $84.39, which is an increase of 2.7% from the previous day. The total supply of AAVE sits at 16,000,000 coins, and the circulating supply is 14,000,000. Over the past 24 hours, the price of Aave (AAVE) has risen with a trading volume of $309,088,580.

It is clear to see that Aave is on a path of steady growth and is quickly becoming one of the most popular DeFi projects. With the launch of GHO, the Aave protocol could become even more popular, as it would provide users with a stablecoin option on the Aave platform. As the DeFi space continues to grow, it will be interesting to see how Aave and the AAVE token fares in the coming months and years.

Coinbase Bets on European Expansion to Survive Crypto Winter

• Coinbase is expanding its operations into Europe amidst the crypto winter, closing its Japanese operations and laying off 18% of its workforce.
• The company experienced a surge in revenue and profit in 2021 due to mainstream crypto adoption, but the market crash has caused investors to withdraw their money from centralized exchanges.
• Coinbase is facing an existential danger due to the flight of traders from the market and needs to find a way to realign its efforts in order to survive.

Coinbase, one of the largest cryptocurrency exchanges in the world, is betting on big on European expansion as the crypto winter continues to chill trading activity in its home market. As the bear market takes its toll on the company, Coinbase has decided to close the majority of its Japanese operations and lay off 18% of its workforce in order to realign its efforts and battle the challenges posed by the bear market.

The company was riding high on the wave of mainstream adoption of cryptocurrencies at the end of 2021. Investors who had never purchased a stock or bond before were suddenly interested in trading popular tokens such as bitcoin, ether, and dogecoin on Coinbase. This wave of new clients contributed to the company’s record-breaking revenue and profits for 2021, with monthly active users increasing by over 300%. The company’s sales soared to $7.8 billion in 2021.

However, the crypto market was rocked by a significant stablecoin crash in May, causing the price of bitcoin to plummet to a two-year low and forcing investors to withdraw their funds from centralized exchanges such as Coinbase. The situation was further exacerbated when rival FTX collapsed in November, leading to an even greater flight of traders from the market.

Coinbase is now facing an existential threat due to these developments, and must find a way to realign its efforts in order to survive the crypto winter. The company is hoping that its expansion into Europe will be enough to turn around its fortunes, but many analysts are skeptical that it will be enough to save the company. Only time will tell if Coinbase will be able to weather the storm or if it will succumb to the harsh realities of the bear market.

Wyre’s CEO Dispels Rumors of Company Closure, Remains Optimistic

• Cryptocurrency payments company Wyre’s CEO Loannis Giannaros has downplayed reports that the company is closing down operations this month.
• A former employee claims that the company has not yet offered a severance package to its employees.
• The two companies had agreed to a $1.5 billion acquisition deal in April 2022, but the deal was later discarded in September.

Cryptocurrency payments company Wyre has been in the news lately due to rumors that the company is planning to shut down operations this month. The rumors followed an alleged email sent by Wyre CEO Loannis Giannaros to his employees, informing them of the company’s liquidation, as well as plans to terminate the services this month.

However, in response to these claims, Giannaros issued another email to his employees, stating that the company is still operating, but will be scaling back to plan its next steps. This statement was echoed by former technical engineer of Wyre, Michael Staib, who posted on his LinkedIn profile on December 31st, 2022, claiming that Wyre would not continue to be a profitable business.

Despite the rumors, Wyre has not authorized its employees to speak about the situation, and the CEO has not yet issued a statement about the claims of the former employee. Additionally, the company has not yet provided a severance package to its employees.

It is worth noting that Wyre and American checkout and shopper network company Bolt had agreed to a $1.5 billion acquisition deal in April 2022. The agreement was for Bolt to acquire Wyre, however, the deal was later discarded in September, leaving Wyre as an independent company.

At this point in time, it remains to be seen what the future holds for Wyre. Regardless, it is clear that the company’s CEO has worked hard to quell the rumors of a closure and, while it is not yet known what the outcome will be, it is clear that the team at Wyre is doing its best to remain afloat.

LUNC Price Prediction: Bulls Could Push Price Above $0.000290

• Terra Classic (LUNC) price prediction shows that the coin is likely to experience a surge in price as it is currently trading above the 9-day and 21-day moving averages.
• The upper boundary of the channel may be breached if the bulls gain enough momentum, which could lead to a larger increase in LUNC/USD price.
• The key resistance level is around $0.000200 while the bulls could hit $0.000250, $0.000270, and $0.000290 should the surge continue.

The Terra Classic (LUNC) price prediction reveals that the coin is expected to experience a surge in the coming sessions. According to the data, the coin is currently trading above the 9-day and 21-day moving averages as the bulls dominate the market. The 9-day moving average is also a key level in the mission to avert the losses and there is a need for it to cross above the 21-day moving average. This could open the doors for a larger increase in the coming sessions as LUNC/USD is slowly moving higher.

On the other hand, the bulls need to find acceptance above the intraday high of $0.000183 to refuel the recovery momentum. The upper boundary of the channel may be breached if the bulls gain enough momentum, which could lead to a larger increase in LUNC/USD price. The key resistance level is around $0.000200 while the bulls could hit $0.000250, $0.000270, and $0.000290 should the surge continue.

In addition, if the bulls fail to break the upper boundary of the channel, the market could face a bearish trend and LUNC/USD could slide back to the lower boundary of the channel. The key support levels to watch for a possible bearish trend are located at $0.000100, $0.000080, and $0.000060.

It is important to note that the Terra Classic price prediction is subject to change as the market conditions are constantly changing. Therefore, traders should do their own research and analysis before making any trading decisions.

SmarterWorx Leverages Art Market to Beat Out Rivals in Recession

• SmarterWorx is leveraging the art market to get ahead of its large rivals like Shiba Inu and Dogecoin.
• SmarterWorx presale has seen another surge in participation following the Solidity Finance smart contract audit results.
• Contemporary art outperforms the S&P 500 and continues to increase in value in recessionary periods.

The global economy is facing a looming recession and economic growth has slowed, with central banks globally raising interest rates. As such, stocks and digital assets have become increasingly less desirable for investors, leaving them to search for other alternatives. Art investment has risen as one of the best inflation hedges, as its lack of correlation to traditional markets allows it to consistently outperform in recessionary periods.

SmarterWorx is a platform that allows for fractionalized art ownership, creating a straightforward path for investors to gain exposure to the lucrative returns of art. The value of the native token ARTX is directly backed by SmarterWorx’s contemporary art portfolio, and the team is dedicated to curating undervalued pieces to facilitate explosive growth.

Benzinga has stated that contemporary art has outperformed the S&P 500 for 25 years, and art remains a strong asset during periods of economic contraction. For example, Paul Cezanne’s Forêt sold for $713,000 in 2008 and $992,500 in 2010, despite the world being in the midst of one of its worst recessions.

Similarly, SmarterWorx’s presale has seen another surge in participation following the Solidity Finance smart contract audit results. This is a great indicator of investor confidence in the platform, and it’s getting them ahead of larger rivals such as Shiba Inu and Dogecoin.

Overall, the art market has proven to be a reliable source of return in times of economic uncertainty, and SmarterWorx is providing an easy way for investors to access these returns. The platform is gaining traction and has the potential to be a major player in the art market.