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Cheers To The Beginning Of A New Era As CLOUT Enters Into Strategic Partnership With Patron
While CLOUT is committed to unifying the cryptocurrency and blockchain community in the future, it is already taking strong and confident strides in the direction. It has entered into a strategic partnership with Patron, which is a similar Japanese sharing platform for influencers all across the globe.
The CEO of Patron, Atsushi Hisatsumi, joins Team CLOUT as Advisor. With a strong presence on social media, Atsushi has been actively promoting influencer marketing for a long time in Japan and has remarkable marketing skills to attract consumers. He believes in the potential of blockchain technology and is also the founder of immensely successful Extravaganza Inc. An extremely popular media figure in his country, Atsushi runs a social media digital marketing consulting agency and is a role model for youngsters. He wants to show the younger generation that success does not depend on academic background or personal connections, but can be achieved by leveraging technology, media, and smart communication. He also wants people all over the world to benefit from the positive changes that are about to happen across all industries due to blockchain technology.
David Cohen, also from Patron, was a member of the IOTA Token Cryptocurrency launch. Named among the Top100 Movers and Shakers in the SmartGrid by Greentech Media, he is widely known for his revolutionary work in the decentralized software industry, and now also in the digital currency and blockchain industry. An expert in blockchain, Artificial Intelligence and cybersecurity and a frequent speaker on forums like MIT, TEDx, Consensus, Blockchain 100X etc., he also founded Infotility, a trendsetter with the “Grid Edge” that unlocked multi-billion dollar software markets. He also created GridAgents, the first AI-based software platform.
With such strong and remarkable additions to the advisory board, the partnership between Patron and CLOUT sure is all set to create a revolutionary new platform that aims to be a one-stop media destination for the crypto and blockchain community. CLOUT is listing on HitBTC and Coinbene on February 1st.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.
BNB price has noted significant gains over the past few days, surging past the psychological resistance of $300. The native cryptocurrency of the Binance Exchange has surpassed Solana to regain its position as the fourth-largest cryptocurrency by market cap. The digital currency has been rallying lately with a 7-day profit of more than 15%. Additionally, BNB has clocked a phenomenal gain of 38% in the month to date.
Binance Coin Outlook
BNB price has been on a strong bull run for the past week, breaking out of its consolidation. Even so, the asset has experienced a correction in its uptrend over the past 24 hours but remains above the crucial level of $300. BNB’s total market cap has decreased by 4% over the past day to $48 billion, while the total volume of the asset traded over the same period dipped by about 15%.
Over the past year, Binance Coin has had to cope with Fear, Uncertainty, and Doubt (FUD) on the back of the regulatory troubles of its underlying exchange. Earlier, the BNB price touched a low of $223.50, a few days after its former CEO, Changpeng Zhao, pleaded guilty to money laundering charges. However, the cryptocurrency has managed to rebound 46% in value since then.
The recent price rally has been associated with various positive developments in the Binance ecosystem, including the Introduction of the Isolated Margin Auto-Transfer Mode. This feature enables…
Solana price performance in recent times has been remarkable, surpassing Ripple and Binance Coin to become the fourth-largest cryptocurrency by market cap. The SOL price breached the critical level of $100 for the first time since April 2022 over the weekend to imbue optimism among investors. However, the altcoin has corrected by 7%, suggesting that the market is overheated. At the time of writing, the ‘Ethereum killer’ was trading slightly lower at $111.60.
SOL Outlook
Solana price has made a significant recovery over the past few weeks, climbing above the psychological level of $100. The altcoin has been one of the best-performing assets this year, extending its year-to-date gains to more than 1,025%, with more gains recorded in the past month alone. However, even with such growth, analysts have noted that Solana has a bleak chance of topping its ATH of $260.
The reason behind this is the increase in supply relative to its value. In November 2021, when the Solana price hit its all-time high of $260, its total market capitalization was around $78 billion. Despite the value of the crypto asset being less than half of what it was at the top, its market cap is currently hovering near $50 billion.
This has been brought about by the increase in the Solana supply by more than 100 million SOL over the past two years. According to some analysts, for the altcoin to retest $260, its…
Solana price has noted significant gains over the past few weeks, climbing to its highest level since April 2022. The ‘Ethereum Killer’ almost topped the crucial level of $100 on Friday, before pulling back slightly. The asset’s recent surge has catapulted Solana’s total market cap to $39.6 billion, ranking 5th after and above BNB and XRP, respectively. Solana has jumped by more than 22% in the past week and more than 80% in the month to date. At the time of writing, SOL price was trading 0.90% lower at $93.10.
Catalysts Behind SOL’s Rally
Solana price has been on a strong bull run over the past few days, rocketing to its highest level in 20 months as the network benefits from the substantial activity and strong interest in memecoins. The SOL token, the native digital asset of the high-performance blockchain platform Solana, has shown some serious strength over the past few weeks, outperforming all the altcoins in the market.
The recent surge in the Solana price has been linked to heightened on-chain activities on the Solana blockchain. Notably, the ongoing hype for the blockchain’s speedy transactions, cheap fees, and a lottery of meme coin issuances has buoyed SOL’s on-chain activity. Metrics have revealed that Solana has been the strongest draw among on-chain traders, with trading volumes and network fees outperforming Ethereum- the largest altcoin by market cap.
Cited figures provided by DeFi aggregator DeFiLlama…
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