Author: dfmines

The illiquid supply floor demands the preservation of levels not far below $40,000 as supply drops and demand surges across the board.

This post has gained a lot of popularity and upvotes in here and I want to correct a few things in here. The guy Davinci Jeremie who begged everyone to buy a dollar worth of bitcoin 8 years ago is now claiming he will give away 1BTC for his birthday. To be a part of…
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NFTs and DeFi are two of the biggest trends the investment world has seen this year. While non-fungible tokens (NFTs) have given rise to a whole new digital marketplace for art investors, decentralized finance (DeFi) has provided investors with a brand new landscape for using currencies free of conventional limitations. While NFTs have gained groundbreaking momentum for their unique approach to digital collecting—investors now have the opportunity to own exclusive one-off pieces of art from their favourite artist digitally—cryptocurrency has liberated those living in countries with anti-democratic governments that allow banks to have complete control over transactions. It only makes sense that the two could eventually combine to even further disrupt the rapidly evolving investing space. There’s no stopping the vast array of potential that NFTs hold. The new form of digital collectibles can span the spectrum from gifs of sports memorabilia, to photos of esteemed visual artists, to photos of Shiba Inus. Noteworthy NFTs of 2021 include Beeple’s artwork that sold for $69 million, the DogeCoin meme that just this week flew in value from $4 million to $220 million in the space of one day as the meme was split into 17 billion pieces, and famous artist Max Denison-Pender’s live painting that was thrown into a volcano shortly after its photo was taken. Typically, banks receive deposits and lend money to account holders. DeFi uses code to secure a contract so borrowers are able to borrow at much lower rates, while those depositing are able to also get more bang for their buck. This is made possible by removing the middleman, the bank, out of the picture. The DeFi sector has grown exponentially over the past year and seems set for steady growth in years to come. With the rise of meme coins, stable coins, altcoins, it’s a time where tokens are taking over from traditional forms of finance. As with all burgeoning industries, the DeFi and NFT spaces are progressing rapidly. So it comes as no surprise that the two would eventually merge together. While NFTs are an asset, DeFi can mobilize their value through secondary platforms. With DeFi, a lender can determine the value of the collateral of the NFT. Unlike traditional banks who decide how much the collateral is, DeFi platforms allow the lender to make this decision. The loan is only distributed once the owner decides on a price, market value, and calculations. With the recent soar in DeFi technology that supports loaning and financing of NFTs, it’s no wonder that Momento was born, a platform dedicated to hosting memorable NFTs. One of the most crucial components of Momento’s project is its commitment to NFT staking. With the sales of NFTs accelerating faster than ever before, it’s easy to see how the space would evolve into needing a platform that was free from the control of banks and centralized finance.  

September 16th, 2021 09:00 UTC – The HUMAN Protocol Foundation, the team behind HUMAN Protocol, have announced today that the Protocol’s native utility token, HMT, is listed on Bitfinex. Bitfinex is one of the crypto world’s legacy exchanges. It consistently performs as one of the highest ranked exchanges, taking into account trading volume, liquidity, website […]

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Non-fungible token technology has many potential use cases in the blockchain world. TOMI is releasing a limited-edition set of NFTs to provide access to their main sale. With very few NFTs remaining for sale and all proceeds used to Purchase Tomi, adding value for Tomi holders. Tomi tokens purchased with these funds will be burned to improve scarcity, time is of the essence! The TOMI NFT Sale Pops Off Although many non-fungible token projects can generate a bit of hype and excitement, the momentum surrounding TOMI’s NFT collection is off the charts. Not only are crypto enthusiasts showing increasing interest, but various influencers are getting on board. Additionally, these artistic and exclusive Tomi Heroes NFTs are necessary to access the project’s upcoming presale. To date, the team has raised over  260ETH – or just shy of $1m USD – in this sale, further confirming the growing demand for these NFTs. The first round started on September 7th, featuring the DAWN RISING NFT, available for purchase at the price of 0.1271 ETH, which quickly sold out. Round 2, sees the GLITCH GLOW NFT being sold for a price of 0.1144 ETH and Round 3 is also now underway until September 21st, with NFT tickets selling fast. To bag your NFT today and secure a spot, visit https://www.tomitoken.org/tomi-nft.html Tomi will use all proceeds from the NFT sale to buy TOMI tokens during the public sale to create even more buzz surrounding this project. Once the purchases are made and the ETH has been swapped for TOMI, the entire balance will be burned. The team made a wise decision to make the token more scarce and a unique take on leveraging NFT technology for that particular purpose. Various NFT projects have proven to be successful in recent months. CryptoPunks is the most noteworthy example, as it currently tops $1.219 billion in all-time volume. Art Blocks isn’t far behind, with over $842 million in total sales. There is no reason to think the Tomi NFTs won’t go the same route, as they are very tough to obtain- the first round sold out, and round 2 and 3 are selling fast, indicating how the demand is rising and time is running out for those who do not own an NFT providing access to the TOMI presale yet. Establishing A Secondary Market The Tomi Heroes NFTs will be accessible through OpenSea after the sales run out. However, it may prove challenging to pick them up, as most holders will want to wait for the TOMI presale and the access these tokens provide. In addition, it is essential to establish a secondary market for the non-fungible tokens, as they are still limited edition collectibles even after the presale concludes. Per OpenSea, there are currently over 1,700 NFT holders, and the NFTs have a floor price of 0.1 ETH. More importantly, there is over 260 Ether in trading volume so far, lowering the number of available non-fungible tokens investors can obtain to be part of the upcoming TOMI presale rounds. TOMI Chooses Polygon & SushiSwap Due to the high gas fees on the ETH network, TOMI has chosen to launch its sale on the Polygon network and through SushiSwap. This shows the commitment by TOMI to operating on networks that empower and push the next generation of DeFi projects to the forefront of the media. If you are interested in the TOMI token sale, make sure to pick up one of the Tomi Heroes NFTs. Having access to one of the five presale rounds – which all last for just 30 minutes –  is crucial to maximizing return on investment. There are a few hundred NFTs up for grabs in round 2 & 3, but time is running out quickly! Visit the presale page to get your TOMI NFT today.

The success rate for cup-and-handle patterns in forex and stock markets, on daily timeframes, are 65% and 68%, respectively, per a Harvard study.

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