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Cardano Summit Begins Tomorrow, Here’s What You Should Know

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Picture of a Cardano logo with the galaxy behind it

The Cardano summit is scheduled to begin tomorrow, Saturday, September 25th. The summit is scheduled to run for two days, the 25th to the 26th, and promises to be a one-of-a-kind event. Meetups are available in six locations around the world. But the summit will feature both live and virtual events where anyone from around the world can attend. Local groups are also available with community-led events.

Events at the Cardano summit are split by the worlds they fall into. Currently, the summit features seven different worlds in which individuals can choose to participate in. These worlds include Cardano World, Utility, Impact, Governance, Adoption, Catalyst, and Community.

Related Reading | Cardano Founder Charles Hoskinson Says The Term Smart Contracts Needs To Be Changed

The Cardano community is still giddy with the recent launch of smart contracts capability on the network, and with good reason. This summit promises some bigger announcements following this incredible feat. Details of what might be expected from the team are still sparse. So right now, it really is a waiting game as the opening of the summit draws closer.

The partly virtual event features avatars for participants to communicate with one another. While also featuring notable keynote speakers from the crypto space that will speak throughout the two-day summit. In addition to these will be the availability of limited edition NFTs minted on the blockchain to be collected throughout the summit. Founder Charles Hoskinson will provide the live opening keynote across all seven worlds to mark the beginning of the summit.

Hydra 2, DeFi, And The Cardano Network

Cardano recently announced the launch of the Hydra Layer 2 solution that will enable developers to build and deploy their decentralized apps (DApps) in a safe and secure environment. With the launch of Hydra, Hoskinson tweeted that more information will be available about the solution at the summit.

More information about decentralized finance (DeFi) protocols launching on the network, with updates expected from decentralized protocols like Minswap and SundaeSwap, which are both built on the blockchain.

Related Reading | Why Cardano Bull Trend Isn’t Over And 91% Increase Is Imminent, deVere CEO Nigel Green

Founder Charles Hoskinson celebrates how far the blockchain has come up until this point. “The Cardano summit 2021 follows the launch of smart contract capabilities on Cardano, and a remarkable six years of intensive development and perf-reviewed academic research to create a third-generation blockchain platform which is not only eco-friendly but provably secure,” the founder said.

ADA price trending above $2.1 | Source: ADAUSD on TradingView.com

Future exploits by the developer are expected to be announced at the summit. Alongside how the project plans to bridge the gap when it comes to decentralized finance. The summit is open to participants from all around the world and sign-up is free at https://summit.cardano.org/.

Featured image from Beinchain, chart from TradingView.com

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MANA, SAND and ENJ Price Levels on a Decline

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MANA, SAND and ENJ Price Levels on a Decline
  • Top-tier digital assets see double-digit declines.
  • Metaverse’s market value is now $51,324,502,982.

On Tuesday, a block of virtual property in Decentraland sold for a record $2.43 million in crypto, more than doubling the previous high of over $913,000. Some metaverses already accept cryptocurrency payments. Due to the usage of crypto, all virtual transactions are both spontaneous and safe.

The market is increasingly slipping towards metaverse-related initiatives. In contrast, top-tier digital assets see double-digit declines. Geeks from the metaverse community consistently buy dips for larger up-cycle returns.

Despite the lacklustre crypto market, the burgeoning business has recently accelerated. The burgeoning sector has spurred NFTs and industry-related initiatives. However, the market charts currently show red signs. Metaverse’s market value is now $51,324,502,982, up 0.81 percent. 30.49 percent reduced trade volume at $21,476,163,938.

Decentraland (MANA)

MANA is now trading at $4.38, an 11.6 percent drop, according to CoinMarketCap. The digital asset’s market cap is $7,994,309,751. Last 24 hours trading volumes are $3,795,643,318. Over the last 24 hours, the coin has traded between $4.39 and $4.96. MANA had reached an ATH of $5.90 two days before.

MANA/USDT: Source: TradingView

The Sandbox (SAND)

SAND is now trading at $6.24, a 13.2 percent drop, according to CoinMarketCap. The digital coin’s market cap is about $5,555,287,680. Rather, the 24-hour transaction volume is $5,002,280,565. Since the previous day, SAND has moved between $6.32 and $7.45 The ATH was registered for $8.51 two days prior.

1638019596 574 MANA SAND and ENJ Price Levels on a Decline
SAND/USDT: Source: TradingView

Enjin Coin (ENJ)

ENJ is now trading at $3.67, down 10.2%, according to CoinMarketCap. ENJ’s market cap is at $3,078,676,361. Moreover, the trading volume is $873,890,075. Similar to its competitors, it reached its ATH of $4.85 the two days before. Since the last day, it has been trading in the $3.60 to $4.08 zone.

1638019597 70 MANA SAND and ENJ Price Levels on a Decline
ENJ/USDT: Source: TradingView
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Ankr (ANKR): Top Crypto Gainer of the Day

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Want To Be a Crypto Millionaire in 2022? Consider These Top 3 Coins!
  • Ankr’s (ANKR) token soared over 2,500 percent in early 2021.
  • The Ankr project has increased the use and demand for the ANKR token.

Ankr is a high-performance computing platform designed to let developers and corporate customers construct blockchain nodes faster and cheaper than public cloud providers. Using the Ankr network, public blockchains may swiftly decentralize and secure their networks.

Investors may question what comes next with Ankr’s price up over 2,500% in 2021 and 11,000% since creation. Walletinvestor and DigitalCoin forecast an optimistic Ankr future price based on its synchronic performance. Its powerful technology, significant market value, and rising cryptocurrency market momentum appear to make it a top-traded cryptocurrency.

Massive Return on Investment

Ankr’s (ANKR) token soared over 2,500 percent in early 2021 on the cryptocurrency wave. Ankr has a market worth of $988m as of 25 November, making it one of the best-performing cryptocurrencies of the year, and market capitalization ranks it 111th most valuable cryptocurrency. It slid to $0.049 during the summer, but a spike at the end of October pushed it back up to $0.12.

Ankr ANKR Top Crypto Gainer of the Day
ANKR/USDT: Source: TradingView

The Ankr project has increased the use and demand for the ANKR token, causing the price to rise. The ANKR token, like bitcoin, may benefit from scarcity, making it an attractive low-cost crypto investment.

There are now 8.16 billion ANKR tokens in circulation, with a total supply of 10 billion coins. As the supply cap approaches, purchasers may acquire the token. Coinbase introduced ANKR coins to its exchange in March. Due to its rigorous regulatory and compliance policies, the exchange seldom adds new coins to its list. This action illustrates Ankr’s digital token strength and the technology that powers it.

According to CoinMarketCap, the Ankr price today is $0.186233 USD with a 24-hour trading volume of $2,560,428,171 USD. Ankr is up 30.17% in the last 24 hours.

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Shiba Inu (SHIB) Lead Developer Tweets an Egg Emoji, SHIB Army Excited!

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Shiba Inu Cheers Up for Crossing 1M Wallet Holders