Instructions on how to use Monero (XMR) and Ve-Chain (VET)
- WBOYOriginal
- 2024-07-02 05:21:171121browse
Sberbank, Russia's largest retail bank, recently claimed that cryptocurrencies and blockchain technology will be the future of banking in the country. The trend towards official recognition of cryptocurrencies is growing, with cryptocurrencies being used for everything from transactions to fees, iGaming and financial transactions.
Russia’s largest retail bank, Sberbank, has recently stated that cryptocurrency and blockchain technology will be the future of banking in the country. The trend towards official recognition of crypto is increasing, with crypto being used for everything from transactions to fees to iGaming to financial dealings.
Russia’s largest retail bank, Sberbank, has recently stated that cryptocurrency and blockchain technology will be the future of banking in the country. The trend towards official recognition of crypto is increasing, with crypto being used for everything from transactions to fees to iGaming to financial dealings.
But it’s not all great news – as the market matures, established coins like XMR and Ve-Chain are falling by the wayside, with the XMR price trading 72% below its all-time high and VET going even worse. Fortunately, there are coins where investors can still make a packet, and one such opportunity is the Rollblock presale. But it’s worth looking at what drove the VET and XMR prices downwards.
But it’s not all great news – as the market matures, established coins like XMR and Ve-Chain are falling by the wayside, with the XMR price trading 72% below its all-time high and VET going even worse. Fortunately, there are coins where investors can still make a packet, and one such opportunity is the Rollblock presale. But it’s worth looking at what drove the VET and XMR prices downwards.
Monero (XMR): Privacy Coin Loses Platform
Monero (XMR): Privacy Coin Loses Platform
Monero, or as it is called by its ticker, XMR, was one of the trend-setting original cryptocurrencies. Monero is a decade old already, and it was one of the top-ten tokens by market cap for a large part of its history. The feather in XMR’s cap was “privacy”. At the time, the internet was moving in a strange orbit, and it was the ‘golden age’ of hacking and phishing. Data security wasn’t what it is now, and anything with “privacy” in its mission statement was desirable.
Monero, or as it is called by its ticker, XMR, was one of the trend-setting original cryptocurrencies. Monero is a decade old already, and it was one of the top-ten tokens by market cap for a large part of its history. The feather in XMR’s cap was “privacy”. At the time, the internet was moving in a strange orbit, and it was the ‘golden age’ of hacking and phishing. Data security wasn’t what it is now, and anything with “privacy” in its mission statement was desirable.
2021 saw the first spike, as the XMR price rallied 100x, and the rally was on… until it wasn’t. The XMR price lost 90% of its value in the crypto winter of 2018/19 before flirting with its ATH again in the crypto frenzy of 2021. Sadly, we know what happened: the markets crashed, and the XMR price tumbled right along with it, but it has never recovered. The reason is simple: “privacy” may be XMR’s trademark, but it is hardly exclusive. Just about all coins on the blockchain are “private”, and with other faster and cheaper chains, XMR is now the 30th-ranked token and losing ground. XMR investors are looking elsewhere.
2021 saw the first spike, as the XMR price rallied 100x, and the rally was on… until it wasn’t. The XMR price lost 90% of its value in the crypto winter of 2018/19 before flirting with its ATH again in the crypto frenzy of 2021. Sadly, we know what happened: the markets crashed, and the XMR price tumbled right along with it, but it has never recovered. The reason is simple: “privacy” may be XMR’s trademark, but it is hardly exclusive. Just about all coins on the blockchain are “private”, and with other faster and cheaper chains, XMR is now the 30th-ranked token and losing ground. XMR investors are looking elsewhere.
Ve-Chain (VET): Supply Chain Blockchain Faces Redundancy
Ve-Chain (VET): Supply Chain Blockchain Faces Redundancy
Supply chain management is a heck of a task, and keeping track of logistics and resources is a job not for the faint-hearted. This is where Ve-Chain came in with a blockchain dedicated solely to supply chain management. But it never really took. The blockchain was still in its infancy at Ve-Chain’s release, and the 2021 price spike was nothing but hype about what Ve-Chain could be, not what it was. Fast forward to the present day, and Ve-Chain is nowhere to be found.
Supply chain management is a heck of a task, and keeping track of logistics and resources is a job not for the faint-hearted. This is where Ve-Chain came in with a blockchain dedicated solely to supply chain management. But it never really took. The blockchain was still in its infancy at Ve-Chain’s release, and the 2021 price spike was nothing but hype about what Ve-Chain could be, not what it was. Fast forward to the present day, and Ve-Chain is nowhere to be found.
Number 49 by market cap and trading at a measly 9% from its ATH, Ve-Chain is all but dead in the water as newer Layer-1 solutions can offer everything Ve-Chain could and more. And at a fraction of the price. Sadly, the time has come to say thank you to Ve-Chain for paving the way, but better, newer solutions can take it from here. There’s no room for sentiment in investing, and Ve-Chain investors are banking on newer tokens with better prospects.
Number 49 by market cap and trading at a measly 9% from its ATH, Ve-Chain is all but dead in the water as newer Layer-1 solutions can offer everything Ve-Chain could and more. And at a fraction of the price. Sadly, the time has come to say thank you to Ve-Chain for paving the way, but better, newer solutions can take it from here. There’s no room for sentiment in investing, and Ve-Chain investors are banking on newer tokens with better prospects.
Rollblock (RBLK): iGaming On The Blockchain Beguiles Investors
Rollblock (RBLK): iGaming On The Blockchain Beguiles Investors
Internet gambling – or just iGaming – is a 100 billion-per-year industry, and it is growing! It is one of the largest pastimes globally, attracting several hundred billion bets annually. Just ask Las Vegas and Monte Carlo: gambling and gaming is big business, but a notoriously difficult industry to get into.
Internet gambling – or just iGaming – is a 100 billion-per-year industry, and it is growing! It is one of the largest pastimes globally, attracting several hundred billion bets annually. Just ask Las Vegas and Monte Carlo: gambling and gaming is big business, but a notoriously difficult industry to get into.
Not anymore, because now Rollblock is bringing iGaming to retail investors through their ongoing presale. Now in its 3rd presale phase, Rollblock offers investors a chance to get into the logical evolution of iGaming: blockchain-based betting on a dividend-paying cryptocurrency.
Not anymore, because now Rollblock is bringing iGaming to retail investors through their ongoing presale. Now in its 3rd presale phase, Rollblock offers investors a chance to get into the logical evolution of iGaming: blockchain-based betting on a dividend-paying cryptocurrency.
From an investing perspective, the Rollblock RBLK token just makes sense. Limited to a billion tokens, it is deflationary, and token holders will benefit from the token’s natural price action. But it gets better because all Rollblock token holders will share in the iGaming platform’s profits. Up to 30% of Rollblock’s weekly profit will be shared with holders and half of the profit shared is used to buy back and burn tokens. The other half is provided to RBLK stakers, offering some of the best APY’s in the crypto space.
From an investing perspective, the Rollblock RBLK token just makes sense. Limited to a billion tokens, it is deflationary, and token holders will benefit from the token’s natural price action. But it gets better because all Rollblock token holders will share in the iGaming platform’s profits. Up to 30% of Rollblock’s weekly profit will be shared with holders and half of the profit shared is used to buy back and burn tokens. The other half is provided to RBLK stakers, offering some of the best APY’s in the crypto space.
That’s it for the investing side, but what about the product offering? Rollblock offers dozens of games, electronic and live, and punters can bet on anything from sports to the roll of a die to the flip of a card. It’s everything a traditional casino holds, and more! It’s no wonder it is luring investors in their droves!
That’s it for the investing side, but what about the product offering? Rollblock offers dozens of games, electronic and live, and punters can bet on anything from sports to the roll of a die to the flip of a card. It’s everything a traditional casino holds, and more! It’s no wonder it is luring investors in their droves!
With the XMR price
With the XMR price
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