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Few tokens have impressed crypto traders in 2022 like ORY has. The native token to Oryen Network doubled its value in a month, sparking excitement among other token holders. The unprecedented performance comes amid dipping crypto prices that have resulted in massive losses for investors. Now, there’s growing excitement among these investors to shift base and buy the fast-rising ORY.

A few weeks after Oryen’s Phase 1 presale launch, investors exhibit confidence in the project’s sustainability. Moreover, for holders of formerly lucrative tokens like AAVE and UNI, the Oryen staking protocol offers a far better deal with steady revenue earning. So, how soon will we see the shift to ORY?

A Race Against Time

The earliest backers of Oryen are already reaping 2X profits after the token’s value spiked from $0.05 to $0.10 in October 2022 alone. During the same period, the overall crypto market continued its downward trend, meaning most DeFi tokens shed some value. Primarily, token holders searching for a profitable cryptocurrency only have time against them considering ORY’s offering.

Oryen’s high-yield staking mechanism guarantees users a fixed APY of 90%. What’s more? You don’t have to lock your funds for a month or year to receive the interest. After staking, Oryen offers interest payouts every hour, incentivizing users to stake even more and earn near-instant payouts.

Oryen also buffers its token against adverse crypto market conditions to support its steady fixed APY. In addition, the platform’s triad features comprising the Risk-Free Value (RFV) wallet, Treasury, and Oryen Autostaking Technic (OAT) power this 90% annual interest output. Also, Oryen developers conduct smart contract audits through SolidProof to maintain optimal performance.

Delighted DeFi Crowd

Oryen is feature-packed and capped with a steady flow of high-interest payouts that has thrilled AAVE and UNI holders. Despite being two of the five large-cap DeFi protocols, AAVE and UNI tokens’ value has declined, leaving holders to find safer investment grounds.

Among the top-performing altcoins, investors express interest and confidence in ORY for its value proposition and massive returns. Already, the automated staking platform has recorded a surge in users as the community grows ahead of the upcoming presale phases.

The Wrap-up

It may be foolhardy to invest during a bearish crypto market as it is currently. One exception to this rule is when a project has proven its sustainability. Despite declining markets, ORY has remained bullish, soaring to $0.10. This 2X spike has attracted more users, and the growth could only go one way from this point – upwards. Surely, DeFi token holders wouldn’t want to miss out on this.

Be Part of Oryen

Join Presale: https://presale.oryennetwork.io/register

Website: https://oryennetwork.io/

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

The post AAVE and UNI Holders in awe after +100% Gains during Oryen Presale appeared first on NullTX.

Source: null tx

Oryen (ORY) is quickly becoming one of the most promising investment platforms for passive income. Oryen is positioned to lead a revolution in DeFi. With the Oryen Autostaking Technic (OAT), this new financial protocol makes staking easier and gives $ORY token holders stable returns in crypto.

The project is currently amid its initial coin offering (ICO) and has made investors 100% profit thus far. So it’s no surprise that ORY is generating a lot of buzz. Moreover, the Oryen network is undoubtedly causing investors in Chainlink and Tamadoge camps to look ORY’S way.

Oryen (ORY)

Oryen is the governance token of the Oryen Network, which was created using the rebase module. Oryen Network implements the staking mechanism to encourage positive rebasing. Sales and purchase taxes fund the rewards.

The project has created the excellent OAT, which automates the entire staking procedure. OAT’s work can also be completed without requiring investors to lock their assets for a certain period or move monies to a new place. Instead, the protocol immediately stakes all ORY tokens from the investors’ wallets without even moving the tokens. By simply purchasing and keeping ORY tokens, investors enjoy returns and rewards at a daily rate of 0.177%, compounded to a set annual rate of 90%.

Chainlink (LINK)

Chainlink (LINK) is a cryptocurrency and technology platform that allows non-blockchain firms to connect to blockchain platforms securely. In essence, it connects blockchain-based smart contracts to external data sources such as baseball scores or stock prices.

Moreover, an abstraction layer or decentralized oracle network securely enables calculations on and off the network, allowing the company to refer to hybrid intelligent contracts.

Tamadoge

Tamadoge (TAMA) is the Tamaverse’s gateway token, from which you can mint, breed, and battle your Tamadoge pet in the metaverse.

Tamadoge will allow players to breed, train, and battle their Tamadoge NFTs to top the leaderboard every month, allowing them to mint the doges they want. Over time, the Play-to-Earn chances will extend to incorporate augmented reality experiences, allowing your NFT to interact with its Tamaverse companions.

Why invest in Oryen?

This initiative has already seen a 100% rise, outperforming many other tokens. Oryen Network’s price has already climbed from $0.05 to $0.10, and buyers have already doubled their money. After launch, this is set to make multiples of returns, not even accounting for the handsome payouts the platform offers. This has been mentioned a number of times in both communities, with the likelihood of migration of capital over to ORY.

Find Out More Here:

Join Presale: https://presale.oryennetwork.io/register

Website: https://oryennetwork.io/

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

The post Oryen Network 100% Profit Is Causing Investors In Chainlink And Tamadoge Camps To Look ORY’s Way appeared first on NullTX.

Source: null tx

As the revolutionary burn mechanism generated the price increase in Uniglo, it seems the Ethereum-based project has something in common with the popular Shiba Inu coin. Both currencies employ unique burn mechanisms, which ranked among the key factors that boosted the value and the distribution of the coins.

The burning mechanism is a strategy for permanently removing a digital token from circulation, thereby reducing its total supply. There are different mechanisms to execute a burn event for any coin. The most basic way involves the holder sending the coin to a burner, a wallet that only receives coins and never retrieves them. This process irreversibly locks the coins from circulation.

However, different cryptocurrencies use unique ways to burn their token. For example, Uniglo uses an ultra-burn technique, while Shiba Inu uses a Shib burn portal to destroy their assets.

Uniglo and Ultra-burn Mechanism

Uniglo implements an ultra burn mechanic where 2% of every $GLO buy, and sales transactions are burned. The burned tokens are sent to the Uni Abyss, the wallet which serves as a burner for Uniglo tokens. By constantly lowering the circulating supply, Uniglo tokens become scarcer, resulting in higher demand for the tokens in the market and a high possibility for price growth.

The ultra burn system is one of the tokenomics in Uniglo that has generated price increases and popularity for the Ethereum-based project. Although the coin is not tradable yet, it has gained the attention of many crypto enthusiasts who anticipate a gigantic burn straight after launch, as has been voted by the community through a democratic process. Crypto experts believe that Uniglo is the best, expressing optimistic predictions about the project.

Shiba Inu and Shib Burn Portal

The popular meme coin, Shiba Inu, implements a burning mechanism known as the Shib burn portal to lower the circulating supply of its coin. Shiba Inu launched the burning protocol in collaboration with Ryoshi’s vision on April 23, 2022. Ryoshi’s vision is a token created on the Ethereum blockchain to support the growth of the SHIB ecosystem.

When a user wants to burn his Shib tokens, he receives a burntSHIB token which rewards him in Ryoshi tokens at variable rates. According to the developers, all holders of burntSHIB receives 0.49% of Ryoshi’s transaction.

About 20 billion Shib tokens were burned within five days after the launch of the Shib burning portal. Out of 1 quadrillion Shib tokens minted, about 410 trillion tokens have been burned since the launch of the Shib burn system, helping the coin achieve stability in the crypto market.

Final Thoughts

Although SHIB has an excellent burn process, it has slowed significantly in the past year, and Uniglo is the better option for investing in a deflationary ecosystem.

Learn more:

Join Presale:  https://presale.uniglo.io/register

Website:  https://uniglo.io

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

Photo by Patrick Hendry on Unsplash

The post Price Increase Generated By Uniglo.io Burn Event, How Does The Ethereum-Based Project Compare to Shiba Inu? appeared first on NullTX.

Source: null tx

For a token to be built for the best chance of success, burn rates are essential to its credentials. Fiat currencies lost the ability to become more scarce over time when gold-pegged reserves were sold off to raise funds. While this made money in the short term, it also made them more susceptible to inflation. Every dollar in circulation becomes worth less when more dollars are printed, and you’ve probably noticed how much of an issue inflation has become in the fiat world.

Specific cryptocurrencies can compete against this by having strong burn credentials and a range of features set up to combat rampant over-supply issues. Uniglo (GLO) brings some of the best burn mechanics to the table and also has stronger anti-deflationary measures in place, which could make it the answer to the globe’s growing inflationary concerns. Here’s why:

Uniglo (GLO)

Uniglo is one of the best new tokens ever to launch in the crypto world. And for a few more weeks, you’ve still got the chance to pick it up at a discount during its final -re-sale phase and before the official launch.

With GLO’s ultra-burn mechanics, more tokens are burned than any other platform, ensuring scarcity increases over time. Tokens are burned on every transaction and repurchased to burn even more. This ensures GLO becomes more scarce the bigger it gets and acts as a robust deflationary measure alongside an asset-backed store of value.

Uniglo is already listed as one of the best crypto tokens to invest in right now, and experts continue to rate it as one of the most prudent investments you could make. Check it out as soon as you can.

Shiba Inu (SHIB)

Touted initially as just a meme coin, Shiba Inu has moved to improve its burn credentials over time. Recently, the platform announced an increased burn of a considerable amount of tokens, rewarding holders for agreeing to burn some of their holdings. This could improve the fundamentals for SHIB and may see future price gains on the horizon.

Tron (TRX)

Looking to decentralize the web with its open-source, proof-of-stake platform, Tron is already listed on over 130 exchanges. It aims to connect millions of investors with a range of different value options and has a strong burn mechanic that’s already burned over a billion tokens while releasing far fewer onto the market. It could be primed for growth, although GLO might be the best option if you’re trying to decide between the two.

Conclusion

TRX and SHIB have strong burn rates and could be gearing up for significant future growth. But GLO has the best potential and the most substantial burn mechanics ever seen in the space. That’s why an investment in GLO might be prudent.

Find Out More Here:

Join Presale:  https://presale.uniglo.io/register 

Website:  https://uniglo.io

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

The post Uniglo.io (GLO) incredible burn prior to launch to compete with Shiba Inu, Tron, And Other Top Crypto appeared first on NullTX.

Source: null tx

This time last year, Solana had a massive moment. It surged in price from around $28 per token to $250 in just a couple of months. Investors were attracted to the range of features SOL offers in the crypto world, and it enjoyed one of the most remarkable rises to glory the crypto scene has ever seen. While many cryptos flourished back then, it was one of the break-out stars and the most widespread cryptocurrency story for some time.

Experts think that early mover ORY has the strength to pull off a similar feat. It’s already doubled the money of early buyers in its presale and before an official ICO. This is even more remarkable as a performance when you consider how the wider crypto market is still struggling. It simply isn’t as easy to make those gains in the current climate as it was when SOL mooned. If you don’t want to miss the next Solana moment, now might be the perfect time to invest.

Oryen Network (ORY) is gearing up for massive gains

ORY has already made early investors a ton of money, but it’s still got new heights to reach as it makes its journey to the moon. That’s why crypto experts like Steven Clarke recommend it strongly for your portfolio. Hype is certainly growing around ORY, and there’s still time to invest at discount prices before its official launch.

Oryen packs a punch. That’s because it doesn’t just offer long-term price growth potential—it’s got the easiest passive income yields in the space, offering the highest APY ever seen. This isn’t an asset you just sit on and hope it goes up in price—it’s an asset that pays out real passive income every hour thanks to the network’s revolutionary Oryen Autostaking Technic. It’s the perfect time to buy, so it’s worth checking out if you don’t want to miss the next big Solana moment.

Solana (SOL) still shows potential despite falling back from lofty heights

Since achieving stratospheric gains last year, Solana has struggled somewhat. But it’s still up compared to the prices very early investors paid, and it still has strong potential as one of the primary development ecosystems in crypto. Especially when you consider that SOL’s fast and scalable development ecosystem is also completely eco-friendly. There’s still an upside with SOL, but you might be better off investing in a token like ORY, which hasn’t had its skyrocket moment yet.

Tamadoge (TAMA) could also have strong potential

While experts don’t think TAMA has quite the credentials to pull off a SOL moment like ORY can, it’s still got strong upside potential for the coming months. With its unique play-to-earn platform and a fun-harnessing ethos that allows users to create and play with their own virtual NFT pets in the metaverse, it also has strong mainstream appeal. It could be a good option if you need a backup and some diversification alongside your ORY investments.

Conclusion

ORY has the chance to break out and achieve similar gains as SOL a year ago. It sits alongside TAMA as one of the best investment opportunities for the next few months, so consider getting involved as soon as you can.

Find Out More Here:

Join Presale: https://presale.oryennetwork.io/register

Website: https://oryennetwork.io/

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

The post New ICO Oryen Network Already 2X For Early Buyers, Don’t Miss The ‘Solana Moment’ It Will Have Like Tamadoge appeared first on NullTX.

Source: null tx

Press Release: A $75M financial commitment is set to establish ZoidPay as the go-to open architecture for building the next generation of Web 3.0 financial services.

November 3, 2022, Bucharest, Romania — ZoidPay, the leading Web 3.0 architecture provider, has secured an investment commitment of $75M from digital asset investment firm GEM Digital Limited (“GEM”). The funding is aimed at developing the go-to open architecture for building the next generation of financial services, scaling the first on-demand Metaverse, facilitating the first-ever bank acquisition by a blockchain firm, and launching a Web 3.0 super App.

Supercharged Web 3.0 APIs & SDKs

Since its launch in 2018, ZoidPay has established itself as a one-stop crypto liquidity solutions provider, enabling instant card issuance for purchases from any merchant at the lowest fees. With this expertise, ZoidPay is now gearing up to release a full suite of Application Programming Interfaces (APIs) and Software Development Kits (SDKs) for B2B clientele aiming to build the next-gen of Web 3.0 Financial Service Apps and dApps. 

Eduard Oneci, CEO & Co-founder at ZoidPay, stated

“The investment from GEM is a massive validation of what we are striving to achieve at ZoidPay. To have the financial commitment of one of the leading global alternative investment groups is the ideal backing we need to manifest a roadmap that will etch ZoidPay as the backbone of the Web 3.0 open architecture.” 

ZETA, On-Demand Metaverse

ZoidPay has also recently announced the launch of ZETA, a fully decentralized world offering users an immersive experience with Augmented Reality (AR), Virtual Reality (VR), and Extended Reality (XR). 

Built entirely in-house, ZETA will let retail users explore different avenues, including shopping, access to Web 3.0 Financial Services, and many more experiences aimed to expand their reality. ZETA also happens to be the first on-demand Metaverse, offering B2B clients, including blockchain projects and developers, the open architecture to create their own customized digital world.

Harnessing the Full Power of Web 3.0

Currently, in the advanced stages of acquiring a Digital Bank, ZoidPay will help transition all Traditional Finance services to Decentralized Finance by harnessing the power of Web 3.0. For end users, this would make High-Yield Index Accounts accessible, marking the switch from legacy to digital, and monopoly to decentralization. Web 3.0 loans would let a retail user avail of instant loans in any FIAT currency based on all digital assets that one may hold, NFTs included.

All of these offerings will eventually culminate into one of the most exciting upcoming fintech apps, ZoidPay’s Web 3.0 Super App. Billed a “Fintech PowerHouse” for Crypto and traditional Financial Services, the app will bring cards, Bank Accounts, Crypto, Bills, Investments, Insurance, and Loans into one place. 

The app promises to extend retail users’ the convenience of switching their financial habits into autopilot mode. It will combine the security, control, and flexibility of traditional banking with the speed and connectivity of modern technology.

Eduard continues:

“By the end of the first quarter of 2023, we aim to become the biggest Web 3.0 architecture provider in the world. This comes after years of putting together the building blocks towards that direction, including forging partnerships, developing the tech, and putting together an extremely capable team. The investment from GEM now acts as a catalyst in our current phase of Hyperscaling. I’d like to extend a word of gratitude to the team at GEM for their incredible level of professionalism over the last year in this journey”

To know more about ZoidPay, click here.

About ZoidPay

ZoidPay was established in 2018 as the go-to open architecture for building the next generation of Web 3.0 financial services. It is a one-stop crypto liquidity solutions provider, enabling instant card issuance for purchases from any merchant at the lowest fees. For B2B clientele, ZoidPay offers full support APIs and SDKs to developers & financial businesses that want to build next-gen Web 3.0 financial services.

ZoidPay Socials

Twitter | Telegram | Discord | Facebook | Instagram | LinkedIn

Media Contact Details

Contact Name: Elena Oglinda

Contact Email: marketing@zoidpay.com 

ZoidPay is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest

Press Release: A $75M financial commitment is set to establish ZoidPay as the go-to open architecture for building the next generation of Web 3.0 financial services.

November 3, 2022, Bucharest, Romania — ZoidPay, the leading Web 3.0 architecture provider, has secured an investment commitment of $75M from digital asset investment firm GEM Digital Limited (“GEM”). The funding is aimed at developing the go-to open architecture for building the next generation of financial services, scaling the first on-demand Metaverse, facilitating the first-ever bank acquisition by a blockchain firm, and launching a Web 3.0 super App.

Supercharged Web 3.0 APIs & SDKs

Since its launch in 2018, ZoidPay has established itself as a one-stop crypto liquidity solutions provider, enabling instant card issuance for purchases from any merchant at the lowest fees. With this expertise, ZoidPay is now gearing up to release a full suite of Application Programming Interfaces (APIs) and Software Development Kits (SDKs) for B2B clientele aiming to build the next-gen of Web 3.0 Financial Service Apps and dApps. 

Eduard Oneci, CEO & Co-founder at ZoidPay, stated

“The investment from GEM is a massive validation of what we are striving to achieve at ZoidPay. To have the financial commitment of one of the leading global alternative investment groups is the ideal backing we need to manifest a roadmap that will etch ZoidPay as the backbone of the Web 3.0 open architecture.” 

ZETA, On-Demand Metaverse

ZoidPay has also recently announced the launch of ZETA, a fully decentralized world offering users an immersive experience with Augmented Reality (AR), Virtual Reality (VR), and Extended Reality (XR). 

Built entirely in-house, ZETA will let retail users explore different avenues, including shopping, access to Web 3.0 Financial Services, and many more experiences aimed to expand their reality. ZETA also happens to be the first on-demand Metaverse, offering B2B clients, including blockchain projects and developers, the open architecture to create their own customized digital world.

Harnessing the Full Power of Web 3.0

Currently, in the advanced stages of acquiring a Digital Bank, ZoidPay will help transition all Traditional Finance services to Decentralized Finance by harnessing the power of Web 3.0. For end users, this would make High-Yield Index Accounts accessible, marking the switch from legacy to digital, and monopoly to decentralization. Web 3.0 loans would let a retail user avail of instant loans in any FIAT currency based on all digital assets that one may hold, NFTs included.

All of these offerings will eventually culminate into one of the most exciting upcoming fintech apps, ZoidPay’s Web 3.0 Super App. Billed a “Fintech PowerHouse” for Crypto and traditional Financial Services, the app will bring cards, Bank Accounts, Crypto, Bills, Investments, Insurance, and Loans into one place. 

The app promises to extend retail users’ the convenience of switching their financial habits into autopilot mode. It will combine the security, control, and flexibility of traditional banking with the speed and connectivity of modern technology.

Eduard continues:

“By the end of the first quarter of 2023, we aim to become the biggest Web 3.0 architecture provider in the world. This comes after years of putting together the building blocks towards that direction, including forging partnerships, developing the tech, and putting together an extremely capable team. The investment from GEM now acts as a catalyst in our current phase of Hyperscaling. I’d like to extend a word of gratitude to the team at GEM for their incredible level of professionalism over the last year in this journey”

To know more about ZoidPay, click here.

About ZoidPay

ZoidPay was established in 2018 as the go-to open architecture for building the next generation of Web 3.0 financial services. It is a one-stop crypto liquidity solutions provider, enabling instant card issuance for purchases from any merchant at the lowest fees. For B2B clientele, ZoidPay offers full support APIs and SDKs to developers & financial businesses that want to build next-gen Web 3.0 financial services.

ZoidPay Socials

Twitter | Telegram | Discord | Facebook | Instagram | LinkedIn

Media Contact Details

Contact Name: Elena Oglinda

Contact Email: marketing@zoidpay.com 

ZoidPay is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest

The post ZoidPay to Revolutionize the Web 3.0 Landscape with $75M Investment Commitment from GEM Digital appeared first on Bitcoin PR Buzz.

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Uniglo just announced it would be burning all remaining tokens leftover from presale! Analysts are expecting major positive price action following the big burn event. Read on to learn more about how Ethereum Network’s latest project, Uniglo is turning heads in the crypto-sphere and beating off competitors.

Uniglo.io Burn Event

Uniglo’s native token GLO is fully deflationary: its Ultra Burn mechanic incinerates 2% of tokens each time the currency is bought and sold. This means that the pile of GLO is ever-shrinking, at a rate that equals how fast it is traded. Uniglo is a social currency, meaning users can vote to buy back and burn additional GLO to boost scarcity (and therefore also pricing). In fact, it is the Uniglo community that decided to burn the unsold tokens, voting overwhelmingly (if unsurprisingly) in favor of the motion.

Uniglo has already performed admirably in its ICO, seeing a price spike of 55% due to intense demand. How does this compare to other tokens set to launch in similar market conditions?

IMPT is a carbon offset program that aims to assist users in making eco-conscious purchases. IMPT is in its second phase of presale, with no plans for a large-scale burn to underpin pricing or provision for constant burning or any other deflationary measures. Similarly, Big Eyes is another project in presale that demonstrates fantastic marketing, but the development team has neglected to proffer any information about plans for burning. 

In comparison, STEPN is a lifestyle project that launched in March this year. It reached its all-time-high (ALT) of $4.11 just a month later, but has since settled at around $0.5 in recent weeks. COMP is the native token of Compound, a decentralized exchange that allows users to lend cryptocurrency for interest returned, or borrow with staked collateral. COMP saw an ATH of $910.54 in June, but can be bought for around $50 today. STEPN and COMP both sit at a market cap of just over $300 million. With the way Uniglo functions, it would be expected that its market cap would surpass this due to its Ultra-Burn mechanic, combined with demand. 

Conclusion

Experts have tipped Uniglo for success not only because its burning strategies are outpacing similar young projects reaching market around the same time, but also because these very techniques will give the GLO longevity that will outlast older projects that have already launched. If you wish to get involved with this exciting protocol, act now before the big burn begins!

Learn more:

Join Presale:  https://presale.uniglo.io/register 

Website:  https://uniglo.io

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

Photo by Ricardo Gomez Angel on Unsplash

The post Uniglo.io Presale Has an Edge over IMPT and Big Eyes – Massive Burn expected To Push The Ultra-Burn Token Above Stepn and COMP appeared first on NullTX.

Source: null tx

Newer asset classes, such as cryptocurrencies, represent a genuinely once-in-a-lifetime opportunity to be early on disruptive technology and industry as a whole, similar to the internet. The degree to which crypto overhauls the monetary system is one of the most significant leaps since humans moved from a barter economy to the abstraction of value.

Daring investors who choose to be early adopters are ahead of the majority, with only 4.2% of the global population owning or have owned cryptocurrencies yet. According to analysts, once mass adoption is reached, established altcoins and cryptos like Oryen Network (ORY) will give birth to a new generation of wealthy individuals. It remains to be seen if meme coins like Big Eyes Coin (BIG) and Tamadoge (TAMA) can follow suit.

Oryen Network (ORY)

Oryen offers a simple solution to complex staking protocols. As a result, holders of the native token ORY receive a fixed 90% APY (Annual Percentage Yield) fully automated. This follows a simple buy, hold, and earn principle dictated by the Oryen Autostaking Technic (OAT), which automatically stakes, compounds, and pays out the accrued yield to investors.

This pioneering mechanism makes holding ORY safe and simple while staking becomes easily accessible to any investor. In addition, to guarantee an annual yield of 90% or 0.177% daily, the staking platform maintains an RFV wallet and backup treasury, which covers dividend payouts during challenging market conditions.

However, the ongoing presale started to accelerate quickly when the word spread about Oryen’s staking platform, resulting in a 100% price increase for early backers. According to analysts, DeFi projects with rapid growth during ongoing ICOs are bound to see explosive price movements upward on launch.

Tamadoge (TAMA)

Tamadoge, with the native token TAMA, is a play-to-earn meme token. The token features the Tamaverse, where investors can breed, battle, and care for their Tamaverse pets. These pets also function as NFTs, which are tradeable. However, the highest-ranked participants in the Tamaverse can win a share of TAMA’s monthly prize pool in Dogepoints.

Overall the meme tokens presale was very well received by investors, with a massive launch, which analysts expect to be repeated by Oryen.

Big Eyes Coin (BIG)

Big Eyes Coin is an ecosystem built around the fictional cat Big Eye and the native token BIG. However, the meme token boasts the pastel-colored cat to take advantage of its cuteness, with plans to join other top-rated NFT projects.

Like TAMA, the project raised a high amount during its presale but might be outpaced by the ongoing Oryen ICO pretty soon.

Final Thoughts

All of the above projects are aimed at different market segments, with Oryen focusing on easily accessible passive income, while Tamadoge and Big Eyes Coin mainly focus on play-to-earn concepts. However, since Oryen gained 100% during its ICO, many investors started to rush to get their hands on ORY before the early backer bonus might decrease and the price continues to increase.

Learn More Here:

Join Presale: https://presale.oryennetwork.io/register

Website: https://oryennetwork.io/

Telegram: https://t.me/OryenNetwork

Discord: https://discord.com/invite/jSvaXmb2cB

Twitter: https://twitter.com/oryennetwork

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

The post Early investors of Oryen were stunned by the 100% price increase – the new Tamadoge and Big Eyes appeared first on NullTX.

Source: null tx

The Uniglo community has voted: all remaining tokens leftover from the presale will be burned! The Uniglo team demonstrates to other developers how to listen to your supporters, who know exactly how to generate price pressure. GLO is off to a roaring start and is still in presale. Read on to find out more about why investors are exchanging their LUNC and SHIB for GLO.

Uniglo.io Burn Proposal Passed

Uniglo is community-oriented, describing itself as a social currency. As such, the decision to burn or not to burn was put to those who adopted early, resulting in an overwhelming majority choosing to burn. The community will be tasked with many such decisions along the roadmap of the project, including what assets to place in the GLO Vault. The Vault is multi-asset backed, meaning its assets will include tangible, real-world assets which are known to appreciate steadily and reliably alongside more volatile digital assets like cryptocurrency and NFTs. People may also vote to buy GLO to burn it. An excellent burning strategy is one of Uniglo’s star features: The Ultra Burn mechanic takes 2% from every transaction, meaning the more it is traded and exchanged, the smaller the supply dwindles, making GLO fully deflationary.

Terra Luna Classic

Terra Labs are scrambling to recover from the LUNA fiasco, which saw billions of dollars wiped from portfolios as it exacerbated an already suffering bear market. The team is now focusing on rescuing LUNC, after many investors switched their LUNA for LUNC and supply spiraled out of control to the tune of trillions of tokens. To combat this disaster, a new burn tax of 1.2% has been introduced, which many holders feel is too weak to make a real dent in the exorbitant quantity. Eyeing up Uniglo’s attractive higher burn rate, many investors are simply walking away from Terra altogether and placing their funds in deflationary tokens like GLO instead.

SHIB

Cult meme-token SHIB is beloved online, but as with any coin lacking in sturdy use-case, the finer details haven’t necessarily been that well thought through. This is certainly the case with SHIB’s pitiful burn rate. Shiba hypes up big burning, but when you work out just how much SHIBA has to burn, the numbers don’t add up to value. The Shiba Burn Calculator recently showed that in order to burn SHIB to $0.05, it would take approximately 25,000 years (based on eradicating 90% of the total supply) at current burn rates. No wonder people are ditching SHIB for Uniglo!

Conclusion

Uniglo is being closely watched as one of the most exciting projects to reach the market this year, and its sale trends are bucking some of the worst trading conditions on record. This fresh news of the burn event will certainly massage prices even further. The presale ends soon, and it is looking increasingly likely that the token allocation threshold will be met soon. Get involved now to avoid disappointment.

Learn more:

Join Presale:  https://presale.uniglo.io/register 

Website:  https://uniglo.io

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

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The post Terra Luna Classic and SHIB holders flocking into Uniglo.io ICO after Community Decided to Burn Massive Amount of Supply appeared first on NullTX.

Source: null tx