Cryptocurrencies have been the talk of the town for the past few years, with new coins popping up every now and then. In this article, we will explore three different cryptocurrencies: Shiba Inu (SHIB), Cardano (ADA), and Dogetti (DETI). Each of these coins has unique features that make them stand out in the world of crypto.

Well delve into their communities, their goals, and their potential for growth in the future. From Shiba Inus cute and cuddly branding to Cardanos commitment to inclusivity and accessibility and Dogettis focus on community-driven initiatives. Well see what makes these coins bark, strive and howl. Well also emphasize the importance of investing in a strong community-driven coin when considering investing in cryptocurrency. So lets dive in and explore these exciting cryptos

Shiba Inu (SHIB) was introduced in 2020 as a direct offshoot of Dogecoin, with a unique twist of its own. The cute and cuddly branding combined with its ambitious aspirations has garnered SHIB an enthusiastic following. Unlike Dogecoin, which is largely a fun coin, Shiba Inu aims to build a decentralized ecosystem that includes a social network, a charity fund, and a decentralized exchange.

Shiba Inus focus on community-driven initiatives is one of its standout features. The development team has donated significant amounts to various causes, and SHIB holders are encouraged to participate in community events and vote on proposals for the coins development.

Looking forward, the Shiba Inu community remains optimistic that their vision for a decentralized ecosystem will come to fruition. There are plans in motion for the development of their own blockchain and new partnerships in the pipeline, with the potential to make SHIB a major player in the world of cryptocurrency.

The Cardano (ADA) blockchain platform was established in 2017 by Charles Hoskinson with a vision to build a sustainable and secure infrastructure for managing digital assets. The platforms core focus on academic research and proof-of-stake consensus mechanism makes it stand out in the realm of cryptocurrencies.

Cardano has a devoted community of developers, investors, and enthusiasts who share a common goal of creating a more transparent and equitable financial system. This community is constantly striving to improve the Cardano ecosystem by developing innovative tools and apps and promoting the use of ADA for payments.

As the Cardano ecosystem continues to evolve, its community is confident that it will make a significant impact in the world of blockchain and digital assets. With a strong team and a passionate following, Cardano is poised to achieve its mission of creating a better future for everyone through decentralized finance.

Dogetti (DETI) is a new cryptocurrency that has emerged in the world of meme coins, particularly those with dog-themed branding. The coin has been gaining popularity due to its unique features, which make it stand out from other meme coins.

One of the standout features of Dogetti is its impressive tokenomics. Every transaction made with the coin triggers a 6% fee, which is then divided into various pools. These pools include a charity wallet, holder rewards, and liquidity/burn wallets. This allocation of fees helps to ensure the coins longevity and expansion, while also transferring wealth into the decentralized finance (DeFi) ecosystem.

In addition, Dogetti is run by the community, meaning that everyone involved has a stake in the success of the coin. This decentralized approach is a major attraction for investors looking for a coin that prioritizes community involvement and empowerment.

The world of cryptocurrency is ever-evolving, and there are always new and exciting projects to invest in. However, investing in a strong community-driven coin like Shiba Inu, Cardano, or Dogetti can be a great decision for both short-term gains and long-term success. These coins have loyal and passionate communities that are always pushing for innovation and adoption, which can help to increase their value in the long run.

So if youre looking to invest in cryptocurrency, dont just look at the coins price or market cap. Take the time to research the community behind it and see if theyre truly dedicated to the projects success. After all, in the world of crypto, community is king!

Presale: https://dogetti.io/how-to-buy

Website: https://dogetti.io/

Telegram: https://t.me/Dogetti

Twitter: https://twitter.com/_Dogetti_

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Beyond the Hype! A Closer Look at Three Community-Driven ... - Analytics Insight

There has been a very interesting mystery that has been occurring for many years. Its known as the paradox of value or the water-diamond paradox. Many economists and philosophers have tried to figure it out without much success. The main idea behind this is the contradiction that although water is essential for survival, its price in the market is much lower compared to the price of diamonds. We all know that diamonds dont have much practical use in our everyday life, especially compared to water.

The concept of utility is the main thing behind this contradiction. As we just mentioned, water is very important to all of us, and its utility value is incredibly high. On the other hand, diamonds are an expensive luxury item with limited practical use, making their use value very low. At the same time, when we compare the prices of both in the market (not in all places in the world, but overall), the price of a diamond is many times higher than the one of water. This raises the question of what determines the market value and what are the most important factors that affect it. Is utility the main factor behind the market value or there is something else?

In the world of cryptocurrencies, a very similar discussion has been taking place for a long time likely since the birth of this new type of market. Most investors believe that crypto prices should be and are very much related to utility. However, as we have already seen from the water-diamond paradox, maybe this is not always valid.

One reason for this could be that the price is not dependent only on the utility but also on other factors like supply and demand, for example, which can affect price action regardless of the utility.Another important factor that can affect the price of a cryptocurrency can be the cost of minting. This can affect the market value no matter what the utility is. If the expense of production of a coin is high, its price may also be high even if its utility is very limited. Likewise, the opposite is also true. If the cost of the token is low, the price may be low too even if there are plenty of use cases behind it.

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Another explanation for the disproportion between utility and price can be the concept of network effects. In the case of cryptos, the value of a coin is often tied to the size and strength of its network. This means that the more people use a particular coin, the more valuable it becomes, even if it has only one utility as a store of value, for example. This is because a bigger network brings more liquidity for the coin.

However, the opposite is also true. If a cryptocurrency doesnt have many users or is not widely adopted, its utility value may be high, but its price may be low. This is because there are fewer opportunities to use the coin, and it is less liquid. Keep in mind that if we go back to the paradox, we can find out that even this doesnt always have the same effects on price. As we know a lot more people use water on a daily basis compared to diamond users, but water is still the cheaper option.

Furthermore, one big factor that can impact the price of a cryptocurrency is speculation. Cryptocurrencies are very often viewed and advertised as speculative investments. There are plenty of people who are buying them in the hope that their prices will increase over time. Such speculation can increase the price of a coin, even if its utility value is low. This is because investors are ready to pay more for an asset if they believe its price will go higher in the future.

If you want to put this into practice, you may try to use these guidelines:

In conclusion, the water-diamond paradox highlights the complexity of market value and how it is determined by a variety of factors. Although utility can be an important component of market value, it is not the only one and it may not have the most significant effect on the price.

In the world of cryptocurrencies, the same can be said. The utility may be a serious factor in determining the price of a coin. However, other things such as cost of production, supply and demand, network effects and speculation can even play a more crucial role. By taking these factors into account, we can have a better understanding of how market value is determined, so we can make better-informed decisions when we are analyzing crypto-investing opportunities.

Bogomil Stoev is the CMO ofSeasonal Tokens the ERC20 token system designed to make cyclical trading profitable.

This article was published through Cointelegraph Innovation Circle, a vetted organization of senior executives and experts in the blockchain technology industry who are building the future through the power of connections, collaboration and thought leadership. Opinions expressed do not necessarily reflect those of Cointelegraph.

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From water to cryptocurrency: The paradox of utility and market value - Cointelegraph

According to a new report by Coinbase, a cryptocurrency exchange platform, cryptocurrencies reduce international money transfer fees by 96% and speed up the transaction time by 99%. Apart from Bitcoin and Ethereum another new cryptocurrency name Signuptoken.com is also expected to play a vital role in lowering the cost of remittance fees in the future.

Sending out hard-earned money to beloved ones across the oceans gives many expatriates a sense of satisfaction. The IMF data shows that about one billion people in the world depend on cross-border remittances. But, a recent research by Coinbase has shown that people around the world spend up to $48 billion on commissions just to transfer money. US citizens alone spend $12 billion annually on fees for cross-border transactions. In the United States, the fees for international money transfer range from 5.5%-10.8%. And the transaction time for a traditional money transfer can take from 1-10 days.

But according to Coinbases research, cryptocurrencies reduce the cost of sending money internationally by 96.7% compared to the current system. And it only takes 10 minutes to process the transaction compared to the traditional money transfer system. The average fee for sending Bitcoin(BTC) to another wallet costs just $1.50 regardless of the transfer amount. Similarly, Ethereum(ETH) costs an average of 0.75% per transaction. Hence, sending money in Bitcoin(BTC), Ethereum(ETC) or any other crypto makes the cross-border transaction nearly 97% cheaper and 99% faster than the traditional transfer method.

Signuptoken.com is a new cryptocurrency built on the Ethereum blockchain. The project team aims to simplify crypto investment and provide efficient crypto services by incorporating new technologies.

To achieve its first aim, Signuptoken.com has skipped the presale stage. The project team has set a target of receiving one million email signups from potential investors. As no fee is charged for the signup process, crypto enthusiasts are more interested in it.

People who want to invest in Signuptoken.com can visit the official website and signup with their mail id for free. Once registered, users will be added to Signuptoken.coms millionaire club.

The token will be launched after reaching one million sign-ups. The project team will notify the registered users about the launch by mail. Therefore, registered users will get early access to buy tokens on the Uniswap crypto exchange platform.

Signuptoken.com is also looking to make a great impact in the remittance industry. With its innovative platform, Signuptoken.com aims to provide a seamless and cost-effective way for individuals and businesses to send money across borders.

The benefits of using Signuptoken.com for cross-border transactions go beyond just cost savings. It can offer greater transparency and security than traditional money transfer services, ensuring that funds reach their intended destination without any issues.

According to a research report by Accenture, about 20% of the worlds population owns some form of crypto assets. This rise of decentralized finance (DeFi) has opened up new possibilities for crypto-based remittance services. By leveraging the power of DeFi protocols, these services can offer even lower fees and faster transaction times, making them even more attractive to users.

Website: https://www.signuptoken.com

Twitter: https://twitter.com/_SignUpToken_

Telegram: https://t.me/SignUpTok

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On-balance volume (OBV) is a technical indicator that focuses on market momentum and uses volume flow to anticipate changes in the prices of an asset. Although the indicator was created in 1963 by Joseph Granville as a metric to discover stock market opportunities, it's since been utilized to significant effect away from traditional stocks among cryptocurrency investors.

Granville hypothesized that volume was an essential force driving traditional markets, and OBV was his solution to anticipate better when major moves would occur based on volume changes.

So, this is how on-balance works in detail and how you can use it for your trading strategy.

According to Granville, OBV is like "a spring being wound tightly" because when volume increases sharply without a stock's price changing, the stock's value would eventually jump upward or fall downward. This highlights one of the more curious facets of on-balance volumethe actual value of the metric isn't particularly important.

For stock market and cryptocurrency traders alike, the most critical indicators to look out for are based on direction. This can provide a range of high-quality insights regarding buy and sell opportunities, helping with your fundamental crypto analysis.

With this in mind, there are many ways to interpret OBV based on its readings:

Considering this information, we can use the past 12 months of Bitcoin's on-balance volume to see how the indicator has helped anticipate new trends. While the values associated with BTC's OBV can rise and fall in line with the value of the asset amd its candlestick patterns, we can see evidence of downward trend signals and even negative divergence in recent months.

With OBV data serving as a credible indicator of what may be occurring in the short-term future for cryptocurrencies, it can be a valuable asset for investors to utilize before making trading decisions. If OBV indicates that a downward trend is likely to reverse and vice versa, it can make for an excellent buying opportunity.

The many momentum indicators that on-balance volume can provide traders mean that it can be an essential tool in discovering ideal entry and exit points for a cryptocurrency or as a robust confirmation tool to aid other trading strategies.

When looking at OBV in relation to price movements, it's possible to discover divergences that could indicate trend reversals for assets. On top of this, there are many ways that traders can utilize OBV.

When a strong trend is discovered in OBV, it can be best to follow it for better insights. If the on-balance volume rises, then the price is likely to go up, but OBV can also help traders discover possible divergences through the data. This means that the metric can stipulate the potential strength of a trend and its eventual end, which is great for investors seeking an exit point in a position.

Before making a trade, you can then use this data indicator to confirm the trends you see on other analysis tools. Alternatively, if you don't understand what's going on with one of your other tools, you can use OBV to analyze the trend you see.

Although on-balance volume can offer good data-driven guidance for traders, it's best to combine the indicator with other tools like moving averages or momentum indicators. This can help you to connect your insights with market sentiment.

As with traditional trading, combining indicators can help you gain as complete a picture as possible before deciding to trade.

Divergences can be one of the most essential things for crypto traders to look out for. When the price of an asset moves in one direction while OBV goes in another, this may indicate that a trend is about to end. This means it can signify to traders that it's time to take profits or identify an exit point.

A bullish divergence occurs when the price of a security is making lower lows while OBV is making higher lows, while a bearish divergence is when an asset is making higher highs but OBV is making lower highs.

For traders, it's essential to use on-balance volume to inform decisions on divergences to spot the best opportunities to buy and sell an asset.

The great thing about on-balance volume is that it's a relatively easy-to-use indicator that can be paired with other predictive indicators like the Bollinger bands or the triple threat combo to spot possible breakouts in price.

Although it's a great tool to inform decisions, you must not solely let OBV make your decisions for you. For instance, whales can easily manipulate market movements due to their funds. This could lead to a significant spike in trading volume that throws OBV off in the short term.

As always, look to build a complete picture with other tools. The world's best traders are always well-informed, and OBV can complement a more holistic view of crypto trading.

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Disclaimer: Opinions expressed in this story belong solely to the author.

If crypto and Web3 were the tech buzzwords of 2022, then artificial intelligence (AI) and deepfakes certainly have this year on lock.

With the launch of generative AI tools, the technology has come into public view and is creating headlines by the day. The internet has been flooded with fake images of the Pope wearing a puffer jacket and when it comes to pressing issues, everyone wants to know what ChatGPT thinks.

Theres no doubt that some of this is driven by novelty. After all, ChatGPT doesnt actually think for itself not yet, at least. Its trained on existing data and reiterates the information which it deems most appropriate.

Nonetheless, all over social media, its being treated as a sentient being with its own moral and political opinions. Much like the people trying to get rich off of memecoins last year, theres now a great number trying to go viral with generative AI.

The funding landscape reveals a similar changing of the guard. In the first quarter of 2022, crypto venture capital (VC) investments reached an all-time-high, but theyve been dwindling ever since. Following the market crash and broader economic downturn, investors have become far more cautious when looking at crypto projects.

This air of caution has impacted startups in other industries as well, with overall investments down across all funding stages.

According to research by Crunchbase, AI remains one of the few bright spots, accounting for almost 20 per cent of funding in the first quarter of 2023. This is largely courtesy of OpenAI, which received US$10 billion in investment from Microsoft this January.

With the spotlight shining bright, it stands to reason whether AI is headed down the same path as crypto fuelled by hype-driven investments and internet memes.

Looking back at the 2017 initial coin offering (ICO) boom when crypto projects raised money by issuing their own cryptocurrencies theres a lot of money which could have been put to better use.

Over US$4 billion was raised through ICOs that year, according to the Wall Street Journal. However, 80 per cent of these ICOs turned out to be scams and out of those that werent, almost half failed within the first four months.

When it comes to AI, this doesnt seem as likely. While there is an element of hype involved, AI projects are far more driven by utility.

There are apparent use-cases for generative tools in fields like copywriting, branding, graphic design, and beyond. This wasnt the case for many crypto projects which found short-lived success.

NFTs and memecoins were often driven by community, with members rallying together to build interest. The utility was an afterthought and a fair amount of projects gambled on going viral through an Elon Musk or Shaquille ONeal tweet.

In contrast, AI ventures have found institutional backing from the jump. Major tech companies such as Google and Microsoft are actively involved in the space and have invested billions in startups. Where crypto was met with skepticism, AI is readily viewed as an essential for the future of technology.

Today, the crypto industry is purging scams and money-grabs in favour of purpose-driven ideas. Utilities such as cross-border remittance and trade settlement are still being invested in despite the state of the market.

AI despite grabbing the attention of the masses more recently seems to be at a similar level of maturity. The industry has always been purpose-driven and the recent increase in investments is better explained by technological advancements than all the social media hype.

Celebrities have given up their NFT profile pictures and Twitters forgetting all about Shiba Inu. Although bluechip coins like Bitcoin and Ethereum have been steadily recovering, theyre still well off their all-time-highs. For everyday investors especially those who joined during the bull market its not a stretch to think crypto is dying.

The reality might not be quite as dramatic. Crypto may no longer grant exponential net worth boosts, but blockchain technology still has very legitimate uses. For retail investors, this might become most apparent through tokenised investments.

With Project Guardian piloting tokenised bonds and companies like OpenEden looking into tokenised treasury bills, investors could soon have easier access to traditional financial instruments. Overseas transaction times may improve as well, once banks begin using blockchain for transaction settlement.

That being said, its not quite the same as the Bitcoin vision of a decentralised economy, where everyone took charge of their own finances and institutions were left to gather dust. Probably for good reason though while there are risks to storing money with a bank, the crypto winters have made it clear that self-custody is no easy task either.

In 2022 alone, almost US$4 billion was lost to scams and hacks in the crypto space. Theres a constant need to be wary and if trouble does arise, theres rarely anyone to turn to.

All things considered, crypto is more likely headed for a makeover than the morgue; and once the winter ends, therell be a safer environment for investors to return to.

Featured Image Credit: Reuters

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A new hype train: Is AI taking away the spotlight from cryptocurrency? - Vulcan Post