Easy come, easy go - Doge gains taking a hit
In anticipation of Elon Musk's appearance on SNL this week, we saw Dogecoin rise to an all-time high of $0.72. However, gains quickly melted away as the price fell more than 20% tonight. Bitcoin continues trading around the $58,400 mark. DeFi projects also got a big boost with ETH nearing $4000.
Bitcoin.com Exchange introduced new tokens to the platform and completed the Occam Social Media Giveaway. Here’s everything you may have missed:
Occam Social Media Giveaway
Occam announced this week that the first IDO on their platform will be Definity. To celebrate the upcoming launch, we hosted a Social Media Giveaway with $1000 OCC in prizes. Thanks to all participants and we’ll soon be in touch with the winners.
New Listings
On Monday this week, the native currency of the Illuvium platform joined Bitcoin.com Exchange. Illuvium is the first AAA blockchain video game, with a launch date set for later this year. Illuvium is an open-world fantasy battle game comprised of high-quality 3D NFT artworks that users can buy, sell, battle or trade. The in-game currency ILV is now trading against BTC and USDT.
$ALICE is the in-game currency of the dApp: My Neighbor Alice. Developed by a gaming studio known for pioneering AR, the game is aiming to capture demand from non-crypto gamers and female players as well. ALICE is now live with BTC and USDT pairs.
While DeFi mostly takes place on the Ethereum blockchain, new projects are beginning to bridge the gap between different blockchain platforms. One such protocol is Mantra DAO - a DeFi ecosystem allowing traders to govern, borrow, lend and stake their assets across different blockchains. Their governance token OM is now trading with BTC on the exchange.
WaziX is the biggest cryptocurrency exchange in India and thanks to proactive thinking and entrepreneurial spirit managed to survive a 2 years cryptocurrency ban in the country. The exchange token of the platform WRX is now available to trade with USDT and BTC on the exchange.
Yield Farming continues to be profitable for traders looking to earn passive income. Harvest Finance is an automated protocol that enables farmers to earn the highest yields without having to monitor positions 24/7. The token of the protocol FARM is now trading with USDT.
Traders looking to break through the pseudonymity of cryptocurrency transactions might want to have a look into Tornado Cash. The non-custodial privacy solution for Ethereum allows private transactions with ETH. Its native currency Tornado is now trading with USDT on the exchange.
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