Is a Cryptocurrency Revolution Coming? — VAULT Cryptocurrency Blockchain News #16
Is a Revolution Coming to Crypto? Are Bitcoin and Ethereum in Trouble?
You may or may not have noticed that an interesting event occurred this week. This event could change the cryptocurrency markets as we know them. Bitcoin has always been the king of cryptocurrency in terms of market cap and many have long insisted it will never be challenged.
Recently many have suggested that Ethereum will flip Bitcoin in the next year or two. Ethereum has smart contracts and provides the backbone for NFTs, DeFi and yield farming. Etherium is moving to proof of stake. This means there is no mining or damage to the environment. The London hard fork will provide lower fees and will make the coin deflationary with the fee burning feature.
This week there was a new coin introduced. This coin you probably have never heard of but it could replace Bitcoin in terms of market cap in the next 6 months. This new coin will have the following features:
- Will be an exact copy of Ethereum with all the features promised in Ethereum 2.0 already fully functional.
- Dramatically lower fees than Ethereum.
- Will provide a free airdrop of the new coin version of every ERC-20 token onto a new chain, for example if you hold 1,000 HEX you should get 1,000 new coin HEX. Apparently you don’t have to do anything to receive the airdropped new coin tokens except self-custody ERC-20 token(s) in wallet(s) you hold the private keys to, MetaMask for example (apparently holding them on exchanges etc. won’t work for this).
ERC-20 Token Standard | ethereum.org
Ethereum is a global, decentralized platform for money and new kinds of applications. On Ethereum, you can write code…
4. Proof of stake with 0% inflation. Validators only earn fees and 25% of the fees are burnt to reduce the circulating supply.
5. This new coin increases the throughput of Ethereum 4x by using 3 second block times. Ethereum’s average block time is around 13 seconds.
6. ETH can be traded on the new coin network and the new coin can be traded on the Ethereum network. Bridging can also be done to other smart contract capable networks.
Does the idea of a faster, cheaper fees Ethereum with all the promised features of Ethereum 2.0 already functional and working from launch sound appealing? Will people actually invest in this product or see value in it?
This new coin is called PulseChain. You can only get it by sacrificing cryptocurrency to receive points. The sacrifice phase is on day 10 of 19 currently. You still have time to get some coins but you have already missed the best rewards. What if you could go back and buy Bitcoin and Ethereum before they were released on the market? You can go to pulse.info and do more research.
You have the option to donate to a medical research project and get a tax deduction and receive 75% of the points you would get. Over $25 million was raised in the first 5 days of the sacrifice period.
Many are predicting that over $1 billion will be sacrificed to the project. Currently over $613, 371, 982 in Etherium and ERC20 tokens have been sacrificed as of day 10 of 19.
Will PulseChain replace Ethereum and overtake both it and Bitcoin as the largest market cap coin in cryptocurrency? Stay tuned and watch closely as a major revolution in the cryptocurrency world may be coming.
VAULT Crypto News This Week
GTC was upgraded to the new collateral (30000), all masternodes restarted.
MONK updated to v3.0.2
VAULT Coin’s Market Performance This Week
As usual, VAULT’s blockchain is running smoothly and producing great rewards for investors. VAULT price saw a nice bounce after the dip. We saw the high at $4.09 on Saturday. We had a low of $3.57 on Tuesday. We closed out the week at $4.07, up from $3.82 last week for a gain of 6.4% for the week.
We saw an average of $1,221.59 traded daily. This held above the $1,000 daily level and is only slightly below last week’s number of $1,343.25.
VAULT coin trades on CREX24 and SouthXchange and we saw 100% of the trading volume this week occurring on CREX24. The Minimum Guaranteed Price buy wall of 1,000 VAULT at 10,500 Satoshi continues to be well-protected by investor demand, with orders currently totaling 404.48 VAULT above the wall. Current price is 12,031 Satoshi (0.00012031 BTC), slightly below last week’s closing price of 12,050 Satoshi (0.00012050 BTC).
In addition to the platform, products, use and demand, VAULT continues to benefit greatly from being tied to Bitcoin. This week we saw BTC go up 7.7%.
VAULT has been rated a profitable investment on digitalcoinprice.com. Check out their price predictions below.
Bitcoin (BTC) Update
Bitcoin has long been the gold standard of cryptocurrency. Recently there have been many new coins that have outperformed it over the last year. Bitcoin currently sits at 252.7% gains this year. This is impressive considering we have seen a fall from $60,000.
Many have praised Dogecoin for its dramatic increase in value this year. It currently sits at 5,797.8% gains this year. Few would say that Dogecoin has better fundamentals and provides better value that Bitcoin.
There is a coin that currently is up 255,747.5% since January 5th 2020. This coin advertises itself as a better Bitcoin. It functions as a digital certificate of deposit and allows holders to earn from 12–40% APR on their coins by staking the coins for up to 15 years. The crazy thing is very few people even know the name of this coin.
The coin is called Hex. If you know about it and are invested in it then congratulations. You are probably a millionaire. The price is currently $0.14 and the above price predictor is predicting $29.60 by the end of the year.
The reason I’m mentioning this high performing cryptocurrency to you is because I want to highlight its founder. His name is Richard Heart. He is a controversial cryptocurrency billionaire that created Hex to be a better form of cryptocurrency. He has been criticized heavily for creating a scam. His chain and coin have been audited and approved as valid but many influencers still dismiss it as a scam. While the so called experts continue to say Hex is going to zero, those who have researched and understand its tokenomics have seen 255,747.5% gains.
Hex is currently #3 in terms of market cap on Nomics.com and will soon pass Ethereum according to many price models.
The reason I bring up Richard Heart is that he is also the founder of Pulsechain. He has experience in creating successful cryptocurrencies and that is why people have sacrificed close to $1 billion into his new project.
It is rare that we see a major development. Those who get rich see the potential of a new technology and invest early. Those who made the most on Bitcoin and Ethereum got in at the beginning. It is rare that you get an opportunity to get in on the beginning. I’m not endorsing or promoting any coins or projects. These coins could go to $1 million or $0. The important thing is to have the information. Do your own research, and see if you think this might truly be a revolution in the cryptocurrency market.
Cryptocurrency News This Week
Protect Your Crypto
Amazon Getting Interested
Nigeria Looking at a Central Bank Digital Currency
Twitter Getting Interested
Buy Bitcoin While Getting Gas
Rich Getting Interested
Elon Talks and Bitcoin Moves
Is Bitcoin still on track?
VAULT Crypto Portfolio Tracker
I wanted to give you a running tally of what you could potentially be earning with VAULT. The example I’m using is holding 1 CRYO VAULT masternode (CRYO VAULT available here) with 0.1 BTC invested in the BTC% program (check it out here).
I wanted to show you what kind of returns you could be earning weekly and cumulatively.
One VAULT masternode of 1,000 VAULT with current ~27% ROI generated 5.54 VAULT blockchain rewards this week for a total of 91.89 VAULT over the past 17 weeks. Total is now 1,091.89 VAULT. The total dollar value earned was $373.99 at VAULT’s current price of $4.07. The total BTC value at VAULT’s current price (0.00012031 BTC) is 0.01105529.
Investing 0.1 BTC in the BTC% program earns you 11% APR, giving you a weekly return of 0.00021089 BTC. Over the last 17 weeks, this would be worth 0.00358513 BTC or $121.71.
The total value of your potential returns over the past 17 weeks would be $495.70 or 0.01464042 BTC.
We Are Here To Help You DYOR (Do Your Own Research)
I hope this week’s lesson in price prediction models has given you some new knowledge. If you have any questions please feel free to post or contact me Bobtilladhun (email@example.com) or any team member on VAULT Investments Discord server:
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VAULT Global Ambassadors
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This is not financial advice. VAULT Investments provides a service to its clients and is not responsible for projects listed or featured in its platform or ecosystem. Users should always DYOR. Invest at your own risk.