Crypto Weekly | Is the Market Ready for the Bull?
Editor: Oteme Eghele
Hi guys and welcome to another new week with Crypto Weekly and as usual, we try to keep it clean and smooth as we breakdown events surrounding the BTC, ETH, and EOS space with regards to their prices and trending news.
BTC price this previous week can be compared to a roller-coaster, with different bounces as it struggles to stay atop the 9k mark.
BTC is known to be a giant as it relates to cryptocurrency with different trading pairs on multiple exchanges, with that, when its market price becomes uncertain other coins most times follow suit which becomes quite difficult to invest in.
That said, different experts are currently with the belief that if bitcoin is able to beat all odds against it diving below 9k, a pump might be around the corner but as usual, charts or FA can be wrong and users are always advised to do their own research before investing in any digital or offline platform.
Ethereum continues to withstand every slight dump as it stays above the $220 mark, over the week we saw a slight movement of it heading below the 220 marks but atlas an all-time low of $222 was observed before bouncing back to $230 where it currently trades as of the time of making this post.
That said, the Ethereum Blockchain saw a new DApp launch and a game none the less.
League of Kingdoms launches their Beta stage a few days back with the aim of staying active for the next 2 weeks and also promises to retain all data upon completion of this stage.
League of Kingdoms is currently the first MMO Blockchain-based game where users have ownership of lands with the feature to battle other players like every other MMO based game, the game quality looks great and definitely, I would recommend you look into, from castle upgrade to farming and hunting of monsters, the game has it all and I must say, few hours spent playing this game is worth every second. The game is currently available on the web and promises a mobile version soon.
Amidst different dumps taking place around the Crypto space, EOS experienced a surge in its price as it climbed from a default price of $2.3 to $2.45 where it currently trades.
With different views saying this was caused by the recent public launch of Voice which took place July 4th, 2020. Voice promises a social media platform like nothing in existence and incentives where users will be able to earn from simply performing few to nothing activity.
That said, previous charts have shown the EOS coin is not the best when it comes to a long pump but maybe this might just be a game-changer to this crypto. As usual, users are always advised to do their own research before investing in any platform.
This is all for this week and sees you guys the same time next week, until then stay safe and mask-on.