Time to Exchange | #WeWearMasks
TokenPocket gives $5 mask subsidy to participants of #WeWearMasks on Twitter
Written by tojukaka
Time to Exchange brings you market analysis and news from the TokenPocket ecosystem and the broader blockchain community.
TokenPocket is a multi-blockchain app that comprises of a wallet (TP Wallet), an exchange (TP Exchange) and a dApp browser, through which TP users can gain secured access to decentralized applications. TokenPocket currently supports Bitcoin, Ethereum, EOS, Tron, BOSCore, IOST, Cosmos and Jingtum. More blockchains and cryptocurrencies will be supported in due time.
Market Analysis
Bitcoin’s price movement and the movement of most other cryptocurrencies are very correlated. Bitcoin’s first mover advantage, wide distribution, market cap, and global acceptance gives it superior market dominance and Bitcoin’s price movement influences the price movements of the other cryptocurrencies. Picture Bitcoin as this big brother who takes his siblings by the hand as they cross the street.
This influence may reduce or be lost in the future as other cryptos decouple from Bitcoin. However, this is just wishful thinking at this point as reality seems to be pointing in the opposite direction.
Michael Kapilkov from Cointelegraph reported last week that the correlation between Bitcoin and the top ten cryptocurrencies has increased since the mighty crash of March 12th. He attributed this correlation to the general fear, uncertainty, and doubt (FUD) that was caused by the COVID-19 pandemic and the resulting economic crisis.
There was a lot of volatility in the market last week with the price of Bitcoin crossing the $7,000 mark several times. Due to the unlimited money printing happening all over the world and the impending hyperinflation that may result from this, many analysts are predicting a bullish trend for Bitcoin. Tim Draper predicts that Bitcoin would hit $25,000 by the end of the year.
Unfortunately, we can only hope for a more bullish trend as Bitcoin could go above the $7,500 mark. Last week's high was $7,427.94 USD. On Friday, due to a quite expected but sporadic dump, Bitcoin took a nosedive. It bounced back up on Easter Sunday above $7,000 and dumped right back on the same day. At the time of writing this post, Bitcoin was forming its weekly lows at $6,698 USD. Of course, King Bitcoin didn’t leave his siblings behind. They all joined in the jolly Easter roller coaster.
News
“WeWearMasks” is aimed at encouraging people to wear face masks when they go outdoors and protect themselves and their families from coronavirus.
TokenPocket selects participants who use the #wewearmask hashtag on twitter and send them $5 mask subsidies. At least 10 new participants are selected daily. Read more about how to participate here.
Chain Clash is now on TokenPocket
Chain Clash is described by Adrian Krion as Pokemon meets Cryptokitties meets celebrity deathmatch. It is a combat game where players can train and combat avatars which are in the form of NFTs. The game was launched on the second of April and it’s now live on TokenPocket,
Block.one to resume voting in May 2020
Block.one announced a new division called the Public Blockchain Engagement division last week. This division will be in charge of engaging in public blockchain governance and utilizing Block.one tokens for voting. Through this announcement, Block.one also revealed that the public blockchain engagement division would be actively researching and developing a model for a potential EOS foundation.
TokenPocket is now on BitCenter Store!
TokenPocket is now on Bitcenter Store! Bitcenter is a cryptocurrency hub that features payment gateways, signal providers, crypto traders, and trading tools games and faucets and wallets.
Other places where users can download the TokenPocket app include play store (for android users), apple store (for iOS users), Samsung store and the TokenPocket website (for Mac and PC users).
Time to Exchange
TokenPocket Exchange now has a Twitter page which would focus on information and updates from TokenPocket Exchange. The high liquidity, convenience, and security of the exchange are some of the reasons why traders would prefer TPExchange. TPExchange also provides the lowest trading fees.
You can earn 10 USDT when you register on TPExchange today. While you are at it, join the #WeWearMasks campaign and help reduce the spread of coronavirus.
Start your journey of discovery
- Download TokenPocket from App Store or Google Play
- Go to [Discover] > [TPExchange]
