Connect with us

Coinpedia

Metal To be Listed on WazirX, Hosting a Grand Giveaway

WazirX in its recent official blog announced its collaboration with Metal and listing MTL token on Monday 21st December 2020.

Published

on

WazirX in its recent official blog announced its collaboration with Metal and listing MTL token on Monday 21st December 2020. Also, they are going to run a giveaway through a list of activities.

Now the WazirX customers can Deposit, Trade, and Withdraw MTL tokens from their wallets. Trade for the MTL token is open in the WazirX USDT market.

Apart from the listing, WazirX and Metal will run a series of the giveaway, where the users can participate and prizes in the form of MTL tokens.

The Giveaway Scheduled goes like this:

  • AMA Session with Marshall Hayner, CEO of Metal on 22nd December 2020
  • Instagram Trivia Contest on 22nd December 2020
  • Quiz Time with WazirX on 22nd December 2020
  • Highest Trader Kaun Marathon on 23rd to 24th December 2020
  • AMA Session with Marshall Hayner

    Marshall Hayner, the CEO of Metal will be live to interact on the WazirX Telegram page where-in the participants have the golden opportunity to know every detail of MTL.

    The WazirX team will ask Marshall Hayner 10 questions, crowdsourced from the Twitter users about MTL. The last 10 minutes of the session will be unmuted and the participants can ask any questions to the CEO. However, Mr Hayner will try his level best to take the maximum number of questions.

    A total of top 10 questions from Twitter will be the winners who will get $100 worth MTL each and $50 worth MTL will be rewarded to top 5 questions from the telegram group.

    Instagram Trivia Contest

    The contest is scheduled on 22nd December 2020, at 12 PM IST, wherein the WazirX team will share 3 questions on their Instagram story with an interval of 3 minutes. The participants need to choose the correct answer for which one lucky person will be awarded 27.77 MTL.

    To participate, the user needs to follow the official WazirX Instagram Page.

    Quiz Time with WazirX and MTL

    Wazirx and MTL team will host a fun quiz contest and the participants will have a golden opportunity to showcase their MTL knowledge and win prizes. The contest is scheduled for 22nd December 2020 at 6 pm IST.

    The user who wishes to participate in the contest has to join WazirX Discuss Group on Telegram, wherein a total of 10 questions will be asked.

    The participants need to just answer correctly and quickly to win prizes.

    • 1st prize: $100
    • 2nd – 5th prize: $50 each
    • 6th – 10th prize: $20 each
    • 11th – 20th prize : $10 each

    Reading resources:

    Highest Trader Kaun Marathon: MTL/USDT

    The trading contest is all set to begin on Wednesday, 23rd December 2020 at 9 am IST and will run continuously till Thursday 24th December 2020 non-stop. The users can participate at any time mentioned above, trade hard and win prizes.

    To participate, the traders need to trade a minimum volume of MTL worth of nearly INR 5000. Winners will be decided on the basis of the volume of MTL traded in the specified time.

    A total price of INR 11,35,000 ($12,200) worth MTL will be awarded based on the performance.

    Prizes of volumes of trades are given below: MTL volume About Metal(MTL)

    MTL is made for daily use which can be cashed out at the bank or used to pay someone using MTL. Metal aims to bridge the gap between traditional and decentralized finance by finding a seamless integration between them.

    Metal Pay is one of the products of MEtal which allows people to send money to anyone with just a phone number and rewards them with cryptocurrency for each transaction. Also, the users can buy from over 30+ cryptocurrencies directly from the FDIC-insured cash balance within the marketplace

    Marshall Hayner and Glenn Marien accumulated three years of experience of building cryptocurrencies like Quickcoin, Stellar, Doge, and even Bitcoin to develop Metal(MTL). Metal recently acquired Lynx and Blocks.io showcasing the company’s virtue of being an expanding and ambitious cryptocurrency firm.

    Mr Hayner has exceptional exposure in the cryptocurrency and blockchain market for over 10 years working in many projects. Prior to Metal, the world’s first crypto-banking platform, he created the first Facebook integrated Bitcoin wallet, QuickCoin in 2013. He has also advertised many blockchain and cryptocurrency start-ups and also launched Stellar blockchain.

    The company has raised millions with investors like G2 Ventures, Gateway and with Erik Voorhees(CEO of Shapeshift) and Bram Cohen(Creator of BitTorrent) serving as Advisors. Metal has two native cryptocurrencies, Metal (MTL) and Proton (XPR) which are used to reward the users and build new products.

    Technical Information

    • Trading Price: $0.360105 (at press time)
    • Global Market Capitalization: $23,412,544
    • Global Trading Volume: $4,773,977
    • Circulating Supply: 65,588,845 MTL
    • Total Supply: 65,588,888 MTL

    Source: https://coinpedia.org/press-release/metal-to-be-listed-on-wazirx/

    metal-to-be-listed-on-wazirx,-hosting-a-grand-giveaway

    Coinpedia

    Polygon (MATIC) Price Retraces Well, Is It A Dead Cat Bounce Or A Recovery?

    The Polygon price struggling to sustain the uptrend, the possibility of a fake breakout haunts the Matic Price Rally

    Published

    on

    Matic Netwrok gained immense popularity and recognition with the rebranding to Polygon, earlier this year. Additionally, the Matic price rally also gained mainstream attention and adoption of-let. However, surrounding the immense market uncertainty, Polygon price slumps to its lowest levels.

    The price has tanked more than a couple of time in a months time. Therefore healing is much delayed than expected. No doubt the price initiated with recovery within a short time frame, yet the multiple plunges have impacted the momentum of the uptrend. And hence, the probability of forming higher highs has fallen down to lower highs.

    matic deadcat

    As mentioned in the chart, the MATIC price experiences an extreme squeeze as the resistance levels are lower after each slump. The recovery rate has also gone down which clearly indicates the loss of bullish momentum. With the price attempting to uplift again, it would be mandatory to raise a huge leg up. Else, if the price follows the previous pattern, the dead cat bounce may lead the price to revisit the levels below $1.

    AlsoRead: MATIC Price Targets $2.40 Level! Polygon Flashes Buying Signals!

    Is It Safe To Enter The Matic Price Trade?

    The short-term price analysis for the Polygon price, however, does not give a fully green signal to enter the trade. As the instability prevailing the crypto space does point out to observe the price movements closely and enter at the right time.

    However, the recent dip may have opened the doors to initiate a ‘buy’ trade. As the price is expected to jump high soon. As per the analyst, Altcoin Sherpa, there was a nice dip towards the demand zone. Moreover, the analyst believes the price may reach the weakly highs around $1.7.

    $MATIC: Nice dip to the demand zone again w. a good reaction. Would like to see it flip this current level before buying. Decent buy volume from yesterday; we’ll see if this can test higher. #MATIC pic.twitter.com/LDCPEowSh8

    — Altcoin Sherpa (@AltcoinSherpa) June 23, 2021

    Interestingly, the analyst also predicts a dip after the price attains the upper resistance levels. And hence, the $2 target still remains still misty. As the bulls remain still calm and maybe waiting for the right time to uplift the Matic price.

    The short-term price analysis for the Polygon price, however, does not give a fully green signal to enter the trade. As the instability prevailing the crypto space does point out to observe the price movements closely and enter at the right time.

    Source: https://coinpedia.org/price-analysis/polygon-matic-price-recovers-well/

    polygon-(matic)-price-retraces-well,-is-it-a-dead-cat-bounce-or-a-recovery?

    Continue Reading

    Coinpedia

    Will Bitcoin Death Cross Pave Way for a Golden Cross

    The token’s price pattern on the charts has recently formed a death cross pattern. i.e, the crossing of BTC’s 50-day moving…

    Published

    on

    Bitcoin plunged to a two-week low on Monday, falling as much as 11.4% to $31,735. The flagship crypto has been highly volatile, as it has dropped more than 20% in the last six days and is almost half the price of its April high of nearly $65,000.

    The token’s price pattern on the charts has recently formed a death cross pattern. i.e, the crossing of BTC’s 50-day moving average below the 200-day moving average.

    This infamous pattern has triggered a conversation amongst traders and analysts. While some consider it as a bearish indicator, some believe the prices will recover and surge higher than ever before.

    Historically, Bitcoin’s formation of a death cross in March 2020 proved no hindrance to profits, as it rose two months later and formed a golden cross. However, a death cross in November 2019 resulted in the coin’s price falling a month later.

    Popular analyst and trader Benjamin Cowen has weighed in on the death cross pattern. He believes that moving averages are lagging indicators that often tell us what we already know.

    Cowen says Bitcoin will have lengthy bull cycles, and it is in for a long period of consolidation and range. The expert claims that he believes BTC Price will reach $100,000, but that it will take longer than most people think.

    The analyst believes that now that the death cross is nearly complete, Bitcoin bulls can look forward to a probable “golden cross”.

    “One nice thing about a death cross is that the next thing you can maybe look forward to is a future golden cross. Now, I don’t know how long it’ll take… We know that historically speaking, at least in recent years, it could take six months before we get above the 20-week [moving average] and then hold it as support.”

    Not just Cowen, Popular analyst Plan B has also weighed in, He took to Twitter and pointed at the timelines of previous death crosses in Q4 2019 and Q1 2020 and what followed further.

    Historically, Bitcoin’s formation of a death cross in March 2020 proved no hindrance to profits, as it rose two months later and formed a golden cross. However, a death cross in November 2019 resulted in the coin’s price falling a month later.

    Source: https://coinpedia.org/bitcoin/bitcoin-death-cross-pave-way-for-a-golden-cross/

    will-bitcoin-death-cross-pave-way-for-a-golden-cross

    Continue Reading

    Coinpedia

    A Major Breakout Awaits Cardano Price, Is $2 Achievable Now?

    Cardano(ADA) price is showcasing a possibility of a major breakout that might result in a reattempt to propel towards $2

    Published

    on

    cardano surge

    The crypto space is currently uncertain as the price of most of the coins does not point out either bullish or bearish. While speculations and anticipations fail for most of the coins, Cardano price stands away from the crowd. As the ADA price currently is not too bullish nor it does show signs of a plunge to lower lows.

    Despite a major drop during mid-may, the price remained above $1 whereas the other assets within a similar range plunge down to $0.7 to $0.8 levels. Considering the present scenario, ADA price is trending within a narrow range. And hence showcasing a possibility of a breakout as it failed to break down the strong support levels.

    Also Read: Is Cardano Price Poised For 500% Rally? ADA Price to Hit $10 By 2021 End

    adapricetrianlge

    As mentioned in the chart, the price after bouncing above the support levels did not dip below these levels in the past month. However, the fresh dip enforced the price to trade within the lower limits of the channel. On the other hand, a triangle pattern has also formed and the price already rebounded from the lower levels. And hence after a consolidation for another day or two, a breakout appears imminent.

    Cardano price bull run seems to approaching very fast as it has followed the uptrend line without any flaws. And the price could reach $1.84 or equal to 0.0000519 BTC by the end of July as predicted by a popular analyst, mantorras.

    The crypto space is highly anticipated to gain enough momentum and bounce back. Many analysts believe the upcoming Q3 and Q4 of 2021 will be very fruitful than the initial one’s. And hence, Cardano price may also regain the lost positions above $2 with an aim to never revisit lower levels. In such a case, the bulls need to uplift the ADA price well before the time.

    Photo of Sahana Vibhute

    A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

    Source: https://coinpedia.org/price-analysis/major-breakout-awaits-cardano-ada-price/

    a-major-breakout-awaits-cardano-price,-is-$2-achievable-now?

    Continue Reading

    Title

    Cointelegraph16 hours ago

    The future of DeFi is spread across multiple blockchains

    Creating interoperability, not competition: Multichain solutions will positively impact the blockchain space in terms of accessibility, innovation and economic viability.

    Ventureburn1 day ago

    ZwartTech launches Talent Foundation to equip Africans with digital skills

    Lagos-based ZwartTech has announced the launch of its new edtech, Zwart Talent Foundation (ZTF) in a statement on 30 July...

    CNBC3 days ago

    Earnings

    Corporate Company Earnings, Find Earnings Per Share and Earnings History Online

    Bioengineer4 days ago

    Reduced microbial stability linked to soil carbon loss in active layer under alpine permafrost degra

    Credit: NIEER Chinese researchers have recently discovered links between reduction in microbial stability and soil carbon loss in the active

    Reuters6 days ago

    Chipmaker TSMC says too early to say on Germany expansion

    Taiwan Semiconductor Manufacturing Co Ltd (TSMC) (2330.TW) said on Monday that it was too early to say whether it will...

    Bioengineer7 days ago

    SNMMI Image of the Year: PET imaging measures cognitive impairment in COVID-19 patients

    Credit: G Blazhenets et al., Department of Nuclear Medicine, Medical Center - University of Freiburg, Faculty of Medicine, University of

    Techcrunch7 days ago

    The DL on CockroachDB – TechCrunch

    As college students at Berkeley, Spencer Kimball and Peter Mattis created a successful open-source graphics program, GIMP, which got the...

    CNBC1 week ago

    International: Top News And Analysis

    CNBC International is the world leader for news on business, technology, China, trade, oil prices, the Middle East and markets.

    Blockchain news1 week ago

    Ethereum is Expected to Undergo a 90% Daily Emission Reduction Following ETH 2.0 Upgrade

    Market analyst Lark Davis believes that Ethereum 2.0 upgrade will prompt a 90% daily emission reduction from 12,800 to 1,280.

    Reuters1 week ago

    EXCLUSIVE India watchdog accuses Amazon of concealing facts in deal for Future Group unit

    India's antitrust regulator has accused Amazon.com Inc (AMZN.O) of concealing facts and making false submissions when it sought approval for...

    Review

      Select language

      Trending