On April 18, 2022, Bybit, one of the best exchanges for trading cryptocurrencies, announced that it will distribute the project’s native ApeX “APEX” protocol token (DEX) that supports futures trading. Token distribution will take place via a LaunchPad.
APEX is expected to be listed on Bybit on April 27, 2022 at 9 p.m. and a campaign will be held to commemorate this list. The ApeX protocol, a decentralized, non-custodial, permissionless and censorship-resistant perpetual derivatives protocol incubated by Davion Labs, will be the first project on Bybit’s new Launchpad 2.0. Bybit Launchpad 2.0 is a newly revamped platform that features a new lottery model for new projects where users can try their luck to win new token allocations with USDT.
The platform also allows users to purchase directly through the Launchpadi. Bybit users can sign up for $APEX with BIT (the native token of BitDAO, one of the largest decentralized autonomous organizations in the world) or with USDT Lottery. For 1 lottery ticket a minimum commitment of 50 BIT or 100 USDT is required, where each participant will be granted an equal chance to win a token assignment.
What is Apex Crypto?
$APEX, is a native token of the Apex protocol and has a maximum supply of 1,000,000,000. It powers the ecosystem with multiple utilities including governance, protocol incentive, and staking. $APEX was first known by the market through the unveiling of ApeX’s original NFT collection in early March 2022. ApeX NFT holders can take advantage of the 8% discount on the lifetime transaction fee. The minimum price of ApeX NFT is 0.87 ETH at the time of writing the price of the token has increased.
ApeX allows users to create any pair of tokens on the ApeX protocol as long as they are supported on decentralized exchanges such as Uniswap and SushiSwap. Users can earn APEX tokens by participating in liquidity mining, NFT trading, AMA, bug bounty, and more. By targeting APEX tokens on the protocol, APEX holders can take part in protocol governance or earn additional APEX tokens, transaction fees, trading fee discounts, and other benefits.
ApeX NFT holders can play the ApeX game and earn APEX tokens or allocations, trading commission cashback and other rewards. ApeX has raised initial funds from backers including Dragonfly Capital Partners, Jump Crypto, Tiger Global, Mirana Ventures, CyberX, Kronos and M77 Ventures. The ApeX protocol allows the introduction of perpetual swap markets for any pair of tokens. It allows users to relegate crypto derivatives to the Ethereum layer2 blockchain without intermediaries involved, while maintaining total control over their private keys. It raised significant capital in an initial funding round led by Dragonfly Capital Partners. In addition to Dragonfly Capital Partners, other major investors such as Jump Trading, Tiger Global, Mirana Ventures, Kronos, M77 Ventures and CyberX also participated and contributed to the funding round.
Launchpad Apex Coin Crypto on Bybit?
The average daily amount of BIT in your Spot Account, Bybit Earnings Account and Derivatives Account during this period must be equal to or greater than 50 and will be rounded to the nearest integer. For the Bybit Earn account, your BIT balance and the BIT wagered in the Launchpool will be automatically counted in the snapshot of your Bybit Earn account. BIT staking in other products on The Bybit Earn Center (e.g. Dual Asset Mining) will not be included. Open your account here >>>
For the Derivatives Account, the portfolio balance will be counted. The balance of the portfolio may be affected by the profits and losses made.
1. The average daily balance of the committed token wallet (BIT or USDT) during the snapshot period must be equal to or greater than 50.
2. During the snapshot period, the balance of BIT or USDT in your Spot Account, Earnings Account and Derivatives Account will be counted during the snapshot period.
– For the Earning Account, your balance of BIT or USDT and BIT or USDT wagered in the Launchpool and Flexible Savings will be automatically counted in the snapshot of your Earning Account. BIT or USDT staked in other products on Bybit Earn (e.g. Dual Asset Investment) will not be included.
– For the Derivatives Account, the balance of the portfolio will be counted. The balance of the Derivatives Account portfolio may be affected by the profits and losses made during the snapshot period.
3. Your wallet balance snapshot of the current day will be updated at 3:00 UTC the next day. Due to the high volume of resource computation, there may be a delay in updating the average daily balance.
Launcpad Apex subscription period
1. You must complete the KYC L1 requirement or business verification to be eligible for the event. Users from restricted countries are not eligible to participate.
2. Subaccounts are not eligible for the event. The amount of the Sub Accounts will be counted in the Master Account.
3. You can choose between the two events and click the ‘Commit Now’ button to attend the one of your choice during the subscription period.
4. The tokens you have committed will be locked and you will not be able to access them for transfers, withdrawals or exchanges until after the final distribution of the APEX.
5. The balance of BIT or USDT in your Spot Account, Earnings Account and Derivatives Account will be counted during the snapshot period. Please note that only your BIT or USDT balance and BIT or USDT wagered in Launchpool and Flexible Savings will be automatically counted in your Earn Account snapshot. BIT or USDT staked in other products on Bybit Earn (e.g. Dual Asset Investment) will not be included.
6. During the subscription period, if you have bet BIT or USDT in Launchpool and Flexible Savings, please withdraw first by going to “Earn Order” in “Orders and Exchanges” and transfer it manually to your Spot account. If you hold BIT or USDT in your Earn Account or Derivatives Account, manually transfer it to your Spot Account.
BTCs change trajectory upwards | Rising forecast for Bitcoin
Forecasts for Bitcoin (BTC) change after price action has changed trajectory. In this regard, there are a number of analysts who fear a downward trend throughout 2022 after the recent market imbalances. In this context, we are not sure that BTC/USD will be able to end the year above its initial price.
Can Bitcoins rise from the recent bottom?
The question is legitimate considering the recent downward trends in the market! In this context, it is feared that Bitcoin may consolidate in a smaller than expected size due to the upheavals of the global economy. That is why the forecasts on the prices of BTC have definitely changed with a collapse in demand due to the macro pressures that connected with the implosion of Terra LUNA have caused the overcoming of historical lows.
What will happen in the coming months has a lot to do with a key event where the BTC/USD pair could fall to $20,000 or less. This scenario would confirm the risk status of BTCs. It is also true that under this fund we can no longer descend. As a result, many are hoping for the twist that usually occurs after such a deep fall. To the extent that Nasdaq and Bitcoin rise, the fact that the market has already bottomed out could be an advantage.
In this context, the US exchange Coinbase has suggested a series of forecasts based on some indicators that in fact inform us about the nature of this imminent change. The idea of an actual upside is still far too elitist with many traders considering its push decidedly flat, yet correlated stock markets have posted gains that portend a different future. In this regard, a good slice of analysts spoke of a forecast of $ 200,000 for 2022 made shortly after the last all-time high of $ 69,000 last November.
On this wavelength it is clear that there is still a lot of confusion about what can be done to intervene. The argument is that basically it is not clear how much the bullish movement can be a reality right now with different schools of thought. According to MicroStrategy CEO Michael Saylor, it is to firmly reject any suggestion of a permanent price reduction.
At this point it is fair to remember that those who supported a permanent bearish wave have completely lost credibility. If the deniers of the rise were wrong, it is evident that something went wrong. As a result, Saylor says, “if it doesn’t go to zero, it’s going to go to a million, referring to the fact that if the negative outlook on this asset is not completed then the upside will be inevitable.
Concluding the uptrend that seems to be an immediate possibility would certainly shake up the market by offering investors an opportunity for redemption despite the detractors who continue to row against. What we need to understand is that there is nothing deeper than the abyss touched by BTC in recent sessions. Now you can only bounce upwards and recover the accumulated losses.
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The Sandbox price predictions 2022, 2023, 2024, 2025 where to buy
The year 2021 was as crazy for SAND as it was for the entire market. In January 2021, SAND recorded decent growth. But what are the price forecasts for 2022, 2023, 2024 and 2025?
Historically, human beings have always been interested in art and entertainment. Today, the entertainment industry is one of the most profitable at the monetary level. People like to listen to music, watch TV, watch works of art, attend concerts, theater performances, and play different games. As life becomes more digital, so does the way people enjoy themselves. Before the technological revolution, people had to go to the theater to see a show. Now they can simply open the computer and go to Netflix, select a movie and enjoy the show. Also, years ago, people had to go and listen to the musicians who performed live. While today they can listen to anything using their phones.
Blockchain technology continues to attract new institutional and retail investors. After the announcement of the name change of Facebook and the big investments related to the world of the metaverse, the gaming industry is preparing to take the next step and change the life of every player forever. In addition, the gaming industry is bringing the virtual world into the real world through the metaverse. At the time of writing, the metaverse is still small, but as the implementation grows, so does the metaverse.
Many companies such as Atari, Binance and Adidas have purchased packages in the Sandbox metaverse. In addition, TV shows such as The Walking Dead and The Smurfs have also purchased their own packages. As the icing on the cake, Snoop Dogg recently purchased dozens of lands to advertise his products and music. Some of the most promising metaverse projects are Decentraland with huge growth forecasts, Sandbox, Metahero and ECOMI. However, Sandbox is really the center of attention. The opening to the Alpha phase, which took place on November 29, 2021 and closed on December 20, has done nothing but turn the spotlight even more on this world. But what is Sandbox? Is it really convenient to invest money and buy this crypto for the future? What could be the price in 2022 and the next 5 years (2023, 2024, 2025, 2026)?
The Sandbox ($SAND) Crypto what is it?
The founders of this project are Arthur Madrid and Sebastien Borget. Although the official founder is Pixowl, Arthur and Sebastien were CEO and COO of Pixowl at the time of sandbox’s launch. Sandbox is a virtual world built on the Ethereum blockchain. In it, people can build, create and exchange in-game digital assets. Their main goal is to connect the real world to the virtual world, the world of games to be more precise.
$SAND is the token that powers the Sandbox project. At the time of writing, there are about 913 million SAND tokens in circulation. This token has a maximum supply of 3 billion tokens, which makes it a token with a limited supply.
The original Sandbox game was launched in 2012. However, the creation of the blockchain version of Sandbox, the Metaverse Sandbox, began in 2018. The Alpha version was released on November 29, 2021. This was one of the main causes of Sandbox’s price increase. What makes Sandbox special is its planned decentralization level. The leadership of the Sandbox project could be entrusted to a decentralized autonomous organization (DAO). This means that there may be no central authority and the power of government is returned to the users. Many people call the Sandbox metaverse the decentralized and updated version of Minecraft.
The price of The Sandbox over time
According to CoinMarketCap, Sandbox entered the market on September 15, 2020. Initially, SAND was trading at $0.051. However, only after two weeks, SAND reached a price of $ 0.073. After setting an all-time high, the price of Sandbox returned to its initial price. Its price rebounded between $0.038-$0.051 throughout the rest of 2020. That said, SAND left the year 2021 with an exchange value of $0.035.
The year 2021 was as crazy for SAND as it was for the entire market. In January 2021, SAND recorded decent growth. By the end of January, its price had doubled and 1 SAND was trading at $0.082. The upward trend has been going on for months and on March 28, SAND set a new all-time high of $0.83.
In the summer of 2021, SAND lost more than half of its value. By June 21, SAND had fallen to $0.17. However, this token did not need much time to recover. On September 1, SAND returned to the track and finally crossed the $1.00 milestone. The token met a resistance level around the price of $1.00, causing the price to fall. On October 29, 2021, SAND finally broke the resistance. On November 3, 2021, SAND reached a new all-time high of $3.21. Just 3 weeks later, SAND set another all-time record reaching a price of $8.51.
The SandBox Sand price predictions 2022 – 2023
Sandbox has received all the attention lately due to its big bullish movement and the release of the game in alpha version. Most of the predictions about this token are bullish, but only a few provide a reason to believe that the future of this token is really bullish.
On December 4, 2021, retrace, on the day of the Bitcoin crash, going to rebound to the price of $ 4.1048. After a strong bullish impulse started in mid-June, which saw the price soar to 5467%, discharge are 51%. According to Gov Capital, SAND could grow even more during the year 2022. Their forecast shows that SAND will be trading at a price between $1.36 and $0.50 by the end of May 2022. Once the bear market is over, many investors will also be optimistic for the year 2022, giving SAND a possible annual high of $4.61. Moving forward, SAND could continue its growth and surpass the $8.00 milestone during the year 2023. By the end of 2024, 1 SAND could be worth up to $37.49. In the long run, SAND could reach a trading value of $73.42 in exactly five years’ time..
The best exchanges to buy The Sandbox and your Sand token are Crypto.com (get $25 free with the code rvyc2zzuaa), , Binance and Kucoin. These 4 exchanges have both a smartphone application and a professional exchange that can be used from a PC. Coinbase and FTX have also joined the list in recent months.
Sandbox (SAND) Price Prediction 2024
The year 2024 could be golden for the cryptocurrency market.
Sandbox is expected to enter the year 2024 with a price of about $ 33. However, the price of SAND could explode in the fourth quarter of 2024, causing it to exceed the $50 milestone.
By the end of the year 2024, SAND could be trading at $47.50.
Sandbox Price Prediction (SAND) 2025
Similar to 2021, the year 2025 could be the year when SAND will experience the consequences of Bitcoin’s halving event. This means that the market around SAND could continue to be bullish.
As a result, the price of SAND could double during the year 2025. By mid-2025, SAND could reach an exchange value of between $64.00 and $70.00.
After this peak, its price could return to $55.30 and then skyrocket once again. On December 31, SAND could reach a price of $80.
The sandbox (SAND) price prediction 2026
Talking today about what could be the cryptocurrency market in 5 years is not very easy. However, we can imagine that in 2026, the market could be less volatile, which would mean much narrower price movements.
After that growth, SAND could drop to $75 and build a support zone there. SAND can start a slow uptrend.
Due to its offering, SAND may experience a slow rather than rapid increase. However, this would be a good thing for SAND as it would reduce the likelihood of a dump. After exactly five years, SAND could reach an exchange value.
Will Sandbox (SAND) reach $100?
The answer could most likely be yes. Sandbox has earned invectors over x100 since it was first launched. However, this cryptocurrency still has a lot of room to grow.
Unlike traditional online games, The Sandbox is a whole ecosystem. This allows it to perform several functions at once.
In addition, Sandbox uses a Play-to-Earn model that allows players to earn actual money paid in cryptocurrency. People can even implement their DApps in the metaverse. This will serve as an incentive for people to start playing and investing in the game.
Where does the value of Ethereum come from? Founder, euro chart, mining
Andreessen Horowitz (a16z), a Silicon Valley-based venture capitalist, has released his first edition of the annual report covering the state of the cryptocurrency market. During the discussion on new developments in the industry, a16z said that Ethereum continues to dominate the web3 space but could face competition from some other projects that have shown a similar growth trajectory..
“Ethereum dominates the web3 conversation, but now there are many other blockchains as well. Blockchain developers such as Solana, Polygon, BNB Chain, Avalanche, and Fantom are aiming for similar success. ”
The report states that Ethereum’s position and its future value is at the top of the cryptocurrency scale is largely based on the advantage of having been one of the first cryptocurrencies and on an evergreen community. As a result, developer interest in Ethereum has far outpaced other competitors: Ethereum has nearly 4,000 monthly active developers while the second closest was Solana with 1,000 users and Bitcoin with 500. However, a16 added that Ethereum’s decision to choose decentralization over scaling was to allow smaller competitors to attract users by charging lower gas fees and offering faster transactions. The network has also faced competition from blockchains that offer interoperability and “layer 2” technologies that reduce costs by expanding the available block space.
How close the other projects are to Ethereum
In fact, several projects have gradually risen to the top of cryptocurrencies after the success of Ethereum. The likes of Solana, Cardano, Avalanche, BNB, and Polygon have amassed a large user base, and some even have distinct network advantages over Ethereum. But have they really eclipsed the market leader? We would like to remind you that if you buy Ethereum, you then have the opportunity to get a passive income by staking it on Cefi platforms. Learn more about how to do it >>>
Well, in terms of revenue on the chain, Ethereum was still the most valuable blockchain in the world. It reported revenue of $30 million in April according to Cryptorank, easily beating the second highest BNB chain by nearly $600 million. Bitcoin held the 4th position with a 30D turnover of $12.5 million.
In addition, in terms of average daily issuance, Ethereum has maintained an advantage over Bitcoin. The amount of coins created by a particular network minus the amount that is destroyed is known as Burn. In short, the average daily issuance indicates the usefulness of a network in terms of transactional activity. Moving on to NFTs, smaller projects still had to challenge Ethereum’s dominance. Home to some of the largest and most well-known NFT markets in the space, including the world’s largest NFT platform, OpenSea has recently offered its customers the ability to pay by credit card. According to the Cryptoslam data tracker, Ethereum ranks first in terms of blockchain by NFT sales volume. Axie Infinity and Solana are in second and third position.
The value of Ethereum in Euros over time
Ethereum remains the leader but its position as the best crypto blockchain although its leadership in the future is not entirely secure. With many projects on his heels he will have to know how to defend himself. Ethereum’s euro value could reach a new all-time high over the next eight years. According to the growth assumptions expected by the best crypto consultants and analysts, the price could grow up to 15,450 euros.
The number of Ethereum coins currently in circulation is very different from when the Ethereum blockchain was first launched in the summer of 2015. At the time, there were about 72 million ETH. In January 2021 there was a circulating supply of 113.5 million tokens and now they are about 120 million.
Ethereum is the number one choice of the best cryptocurrencies to invest in 2022. Most of the cryptocurrency projects analyzed in this article are based on the Ethereum blockchain.
Who is the founder of Ethereum?
While Bitcoin reigns supreme in the cryptocurrency market, Ethereum is the second largest on the market, and it was the fruit of Vitalik Buterin, who came up with the idea when he was just 19 years old. Vitalik Buterin’s estimated net worth is 355,000 ETH, which equates to about $1.5 billion. Vitalik has most of his net worth in his project, Ethereum, and other digital assets like Shiba Inu.
Nine years ago, Buterin envisioned Ethereum as a way to leverage the blockchain technology behind Bitcoin for all kinds of uses besides currency. Since then, Ethereum is like the fundamental layer of what proponents claim will be a new decentralized, open source Internet.
Vitaly Dmitriyevich “Vitalik” Buterin (Russian: Виталий Дмитриевич Бутерин; born January 31, 1994) is a Canadian-Montenegrin programmer and writer of Russian origin, best known as one of the co-founders of Ethereum.