Cryptocurrency scams
Axie Infinity, a Pokémon-inspired game, exploded in popularity, reaching over 2.7M active players. In the game, players collect Axies (NFTs of digital pets), breed and battle them against other players to earn Smooth Love Potion (SLP) — the in-game reward token. https://growseeds.info/ This was extremely popular in developing countries like the Philippines, where players can earn a decent income. Players in the Philippines can find out about SLP price to PHP here on CoinMarketCap.
Developers can thus launch new cryptocurrencies on top of these existing blockchains, with the newly created currency referred to as a “token.” A token can act as digital money and not be native to the blockchain on which it operates.
One of the biggest winners is Axie Infinity — a Pokémon-inspired game where players collect Axies (NFTs of digital pets), breed and battle them against other players to earn Smooth Love Potion (SLP) — the in-game reward token. This game was extremely popular in developing countries like The Philippines, due to the level of income they could earn. Players in the Philippines can check the price of SLP to PHP today directly on CoinMarketCap.
As DOGE mania waned in the latter half of the year, SHIB token took the spotlight, gaining 1,608% and taking the last slot in this year’s top 10. The success of DOGE and SHIB inspired several other tokens centered around the Japanese canine breed, including FLOKI, ELON, HOGE and DOGGY.
Price volatility has long been one of the features of the cryptocurrency market. When asset prices move quickly in either direction and the market itself is relatively thin, it can sometimes be difficult to conduct transactions as might be needed. To overcome this problem, a new type of cryptocurrency tied in value to existing currencies — ranging from the U.S. dollar, other fiats or even other cryptocurrencies — arose. These new cryptocurrency are known as stablecoins, and they can be used for a multitude of purposes due to their stability.
Cryptocurrency stocks
E-commerce infrastructure and software provider Shopify (SHOP 21.04%) allows merchants using its platform to accept cryptocurrencies as payment. It recently deepened its capability by integrating with cryptocurrency payment processor CoinPayments. In the spring of 2020, Meta’s Facebook Shops was announced as a new offering for small business e-commerce, with Shopify as a third-party software provider powering the new online stores. Together, Meta and Shopify are primed to benefit if the adoption of digital assets continues among small businesses and entrepreneurs.
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CoinMarketCap does not offer financial or investment advice about which cryptocurrency, token or asset does or does not make a good investment, nor do we offer advice about the timing of purchases or sales. We are strictly a data company. Please remember that the prices, yields and values of financial assets change. This means that any capital you may invest is at risk. We recommend seeking the advice of a professional investment advisor for guidance related to your personal circumstances.
E-commerce infrastructure and software provider Shopify (SHOP 21.04%) allows merchants using its platform to accept cryptocurrencies as payment. It recently deepened its capability by integrating with cryptocurrency payment processor CoinPayments. In the spring of 2020, Meta’s Facebook Shops was announced as a new offering for small business e-commerce, with Shopify as a third-party software provider powering the new online stores. Together, Meta and Shopify are primed to benefit if the adoption of digital assets continues among small businesses and entrepreneurs.
Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here’s how we make money.
Ada cryptocurrency
Le Cardano est une plateforme blockchain qui s’appuie sur la preuve d’enjeu et dont l’objectif est de permettre « aux créateurs de solutions, aux innovateurs et aux visionnaires » d’amener un changement positif global.
Il progetto afferma che Ouroboros migliora le garanzie di sicurezza fornite da un meccanismo di consenso PoW utilizzando sostanzialmente meno energia — affermando che è quattro volte più efficiente dal punto di vista energetico rispetto a Bitcoin.
Het wordt omschreven als een mix van unieke technologie en wiskundig getoetste mechanismen, waarbij ook nog gedragspsychologie en economische filosofie een rol spelen. In het algemeen is het doel van Ouroboros om duurzame en ethische groei te bereiken.
Le Cardano est une plateforme blockchain qui s’appuie sur la preuve d’enjeu et dont l’objectif est de permettre « aux créateurs de solutions, aux innovateurs et aux visionnaires » d’amener un changement positif global.
Il progetto afferma che Ouroboros migliora le garanzie di sicurezza fornite da un meccanismo di consenso PoW utilizzando sostanzialmente meno energia — affermando che è quattro volte più efficiente dal punto di vista energetico rispetto a Bitcoin.
Het wordt omschreven als een mix van unieke technologie en wiskundig getoetste mechanismen, waarbij ook nog gedragspsychologie en economische filosofie een rol spelen. In het algemeen is het doel van Ouroboros om duurzame en ethische groei te bereiken.
