featured
ODUWA COIN: Finally A Solution For Cryptocurrency Volatility
When most people think of cryptocurrencies, they think of the seamless ability to transfer money to anyone with a digital wallet in a few clicks. While the blockchain technology behind cryptocurrencies is indeed revolutionary, ask any cryptocurrency investor and they will say their biggest concern is volatility.
Recent volatility has left many crypto investors not only bloodied and bruised but concerned about the overall future of cryptocurrencies as a safe haven asset like Satoshi Nakamoto envisioned. The crypto market has been held hostage by the big exchanges and whales that have been able to move the market to their advantage, wrecking havoc on the average investor’s portfolio. The result has been a wild wild west ride for newbies.
The good news is that the team behind ODUWA COIN has a solution.
ODUWA COIN is a Nextgen cryptocurrency that offers indemnity and insurance against the volatility of the cryptocurrencies listed on the platform. This is achieved by combining blockchain technology and insurance to give investors a way to insure themselves from losses in the cryptocurrency market.
The financial experts behind ODUWA understand investors’ concerns that investing in Cryptocurrency is an enterprise with high risk considering its digital nature that is always prone to hackers, volatility and high uncertainty within the coin market. ODUWA aims to counter these problems through an intelligent solution, which involves selecting coins to insure, keeping a proportional reserve to the invested amount, and automated Smart Contracts.
ODUWA is a revolutionary platform where investments on approved coins inside their Exchange will be 100% Insured against Depreciation, protecting investors against some of the risks. Because there are lots of worthless coins on the market, ODUWA will approve only four reliable cryptocurrencies against volatility at the beginning and continue to add more as the platform expands. According to ODUWA:
“With a revolutionary solution like ODUWA’s, you have no risk of losing money with absolute protection in the face value of your principal investment. Our solution will play a major role in stabilizing the market and creating a new trust economy. Once you purchase your ODUWA tokens they become immediately available upon purchase, deployed through Etheruem.”
To put ODUWA in perspective, it is basically a decentralized exchange platform like Coinbase, Bittrex HitBtc, etc with an option for asset protection within the exchange for investors on a contractual term using Smart Contract technology developed by the ODUWA team. ODUWA insurance is the first blockchain-based cryptocurrency solution that indemnifies and guarantees selected cryptocurrencies on the ODUWA insured list against devaluation. This is done by deploying smart contracts at the time of purchase of the crypto asset to provide a stop loss and take gain for a specified period. The list of insured assets is settled upon by ODUWA financial experts and machine learning algorithms to help give investors an option of the best cryptocurrencies they can buy at a certain period. The listed cryptocurrencies have the lowest risk. Additionally, because the cryptocurrency is listed in the ODUWACOIN speculation list, more people will be willing to buy it further reducing the likelihood of loss in value.
Based on the latest smart contract technology of Ethereum Blockchain and ODUWA Blockchain, ODUWA Coin is one of the most secure cryptocurrencies. Being a peer to peer mode of payment, you will not have to worry about a third party getting any information or your data. All data is encrypted and the digital assets are reserved in a wallet only you can access with your fingerprint.
To celebrate the launch, ODUWA tokens are currently available for only 21 cents a token. For those who can buy now for $50,000.00 dollars and above, their tokens will be delivered now at .15 cents each till April 5th. ODUWA final stage ICO will scale to .90 cents starting April 5th, 2018 until May 5th, 2018 with supporting bonuses and discounts for the growing ODUWA community. Just like Bitcoin, the total supply of ODUWA worldwide is 21 million.
From the 21 million coins, 17,850,000 will be released to the public during the ICO. Investors interested in the ICO can partake in the by sending ETH using ERC20 supporting wallets to the ODUWA Coin that will be released on the website. A corresponding amount of ODUWACOINS will be sent to the e-wallet. The crowdfunding campaign aims to raise $3,150,000, and the ICO will continue until this number is raised or 90 days run out. The ODUWACOINS will be tradable on major exchanges once the platform is officially launched.
To sum up, there’s a lot to like with the ODUWA ecosystem. There will be a complete package of products such as ODUWA Insurance, ODUWA Exchange Platform, and ODUWA Encrypt. At the heart of this ecosystem is the ODUWA token as its currency, thus, enabling ODUWA token holders to spend it for any transactional activity. Interested investors can get in on the pre-sale before it ends April 5th.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
Image courtesy of Home Buy Fast
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…
-
Blogs6 years agoBitcoin Cash (BCH) and Ripple (XRP) Headed to Expansion with Revolut
-
Blogs6 years agoAnother Bank Joins Ripple! The first ever bank in Oman to be a part of RippleNet
-
Blogs6 years agoStandard Chartered Plans on Extending the Use of Ripple (XRP) Network
-
Blogs6 years agoElectroneum (ETN) New Mining App Set For Mass Adoption
-
Don't Miss6 years agoRipple’s five new partnerships are mouthwatering
-
Blogs6 years agoCryptocurrency is paving new avenues for content creators to explore
-
Blogs6 years agoEthereum Classic (ETC) Is Aiming To Align With Ethereum (ETH)
-
Blogs6 years agoLitecoin (LTC) Becomes Compatible with Blocknet while Getting Listed on Gemini Exchange
