Friday, August 12, 2022

Hiro's Weekly Community Updates: Introducing Stack Subnets, Hyperchains Explained, Web3 Helps in App Building for Bitcoin, July Release Roundup, and More!

It’s Friday Stack Devs! Don’t miss out: Here’s a roundup of all the latest developer resources, tutorials, and events to keep on your radar. Here are some of our latest posts:

  • New Subnets on the Block - Drumroll Please! Hyperchains are now Subnets. Here we explain the name change and introduce devs to Stacks Subnets. Check it out!
  • Hyperchains AMA - We hosted a Twitter Spaces and chatted about all things Hyperchains, NFT use cases and scaling on Stacks. Listen to a replay here.
  • 3 Cheers for Web3 - We listed a few ways Web3 contracts help in building apps for Bitcoin. Check it out here.
  • July Release Roundup - This month we looked at the newest features in Clarinet and our starter templates for Stacks.js. Click here for more info.
  • Want to See Hiros at the #SXSW Conference? Click here for more info on you can get us there.

Looking to enter the world of blockchain? Hiro is hiring! Check out some of our open positions here.

Stay tuned here and on our Twitter for more updates and announcements


JP Morgan Gold Scandal, CPI "Falls" to 8.5% with Phil Gibson @MrPseu - State of Bitcoin Ep. 35

In this episode we go over the following current event stories surrounding Bitcoin and the greater macro environment:

  • JP Morgan gold trading scandal
  • CPI Print of 8.5%
  • Methane Emissions Bill to give $1.5 billion for flare capture
  • Government hires 87k more IRS agents
  • Bitcoin Lightning Network reaches new ATH
  • Crypto Mixing Service Tornado Cash is Blacklisted in the US
  • BlackRock partners with Coinbase to offer Bitcoin services

For the episode listen here


DotBig explains the recent Dogecoin Price Prediction

Even people who don’t follow the events on the crypto market could have heard about Dogecoin. If not, they definitely saw the meme that inspired the creators of this cryptocurrency. Yes, Dogecoin is the first original meme coin. Such a unique concept and attention from celebrities made this cryptocurrency one of the hottest topics in the crypto market in 2021. Are there any serious grounds for these discussions? What do DotBig experts think about this DeFi asset and its future? Let’s find this out.

Dogecoin Price Prediction

Briefly about DOGE

The history of the first ever meme token dates back to 2013. Originally, it has been running on Litecoin but if you want to work with dApps, you can use its exact representation running on the Ethereum blockchain network under the renDOGE ticker symbol.

Although Dogecoin is a joke over cryptocurrencies, this is a serious and sustainable project. It has some advantages over traditional crypto projects. For example, it’s very simple to use on any device. This feature is the reason why many beginners choose Dogecoin as an alternative to complicated Bitcoin. Similar to other digital currencies, Dogecoin might be used as an online payment method to buy goods and services.

Unstoppable hype is one more thing that makes Dogecoin different from other cryptocurrencies. Even though there are enough new cryptocurrencies created as meme coins, so-called “Dogecoin killers”, Doge remains popular and discussed.

What will impact the DOGE price

As you all know, the crypto market is too volatile to dare make exact predictions on the price of cryptocurrencies. However, the majority of experts, alongside DotBig analysts, believe that DOGE is a good investment for holders. Today, it’s valued at $0.0682 but everything might change tomorrow because of:

  • the capabilities of the coin; Dogecoin is now a speculative asset but it has great prospects to become a functional coin;
  • the recovering market capitalization of the cryptocurrency;
  • technical indicators that show the 770% growth of the coin’s price; this is expected to happen within the following 5 years - by the end of 2027;
  • Elon Musk isn’t going to stop supporting Dogecoin; the world’s richest man is the biggest fan of DOGE, and his support really matters because his active position and meme on Twitter don’t let Dogecoin fade away.

Dogecoin exchange rate for the period from May to August 2022

Similar to Elon Musk, DotBig analysts support Dogecoin, because we see that it’s a great long-term investment. We expect that its minimum price in 2025 will reach $0.2, while the maximum point might cross $0.6.

Conclusion

Our today’s price prediction is based on recent news, technical analysis, and our personal impressions. In order to get deeper into this topic, you can study all these factors and your own and only then make a final decision on buying Dogecoin. Follow us and invest wisely.


Best Crypto to Buy Right Now

While some might call the recent lows in the market ‘crypto winter’, smart investors are describing the drop as a ‘crypto sale’ and continue stacking their digital wallets. Even if the market did not reach last year’s highs, crypto is starting to trend upward, knowing that declines and increases are natural in crypto market. While skeptics call crypto ‘an empty bubble destined to burst,’ there are assets you should keep an eye on if you are looking for potential gain.

Bitcoin (BTC) investment is probably a good idea for every crypto investor to have some BTC assets in their digital wallets as it is by far the largest crypto by market cap. Once the crypto market starts rising, Bitcoin will be one of the first coins to bring returns. As more S&P 500 companies follow Tesla’s example by adding BTC to their balance, institutional adoption will be an excellent chance for this asset’s holders.

Ether (ETH) is widely adopted by investors looking to join blockchain-based games, purchase non-fungible tokens and get altcoin issuance. ETH hodlers are looking forward to ‘The Merge,’ an event that will make Ethereum less scalable, more expensive and switch from an energy-inefficient proof-of-work algorithm to a less complex proof-of-stake mechanism. Although the exact date for the big merge is not announced yet, the rumors and expectations are for some time this year, and you are not late to jump Ether’s train.

Cardano (ADA) has always been a blockchain-to-watch in the market. However, the price reached a new level when Cardano Foundation introduced the Alonzo hard fork last year, bringing smart contracts to its blockchain. Still, ADA is more of a ‘set-it-and-forget-it’ asset as the price is rising slowly compared to the bigger cryptocurrencies.

ApeCoin (APE) is often classified as the ‘meme-coin,’ however, the ApeCoin ecosystem is developing steadily, and creators have already introduced Bored Ape Yacht Club NFTs, the Mutant Ape Yacht Club NFTs, and the Otherside metaverse, which helped ApeCoin to reach new price heights. As the creators Yuba Labs and APE DAO are looking to introduce more additions to the ecosystem, APE could be an asset widely adopted later this year.

$BBANK (blockbank) is a relatively safe coin if you are looking for passive earnings. Blockbank offers staking options with up to 24% APY (annual percentage yield), and there is no minimum staking requirement — you can start at as low as 1 $BBANK. Investors can download blockbank app on Google Play Store and App Store, or connect their Ethereum or Binance wallets to purchase $BBANK.

Disclaimer — this is not financial advice, and you should do your research independently before depositing your funds into particular assets.


The state of the economy has no bearing on the IKONIC Metaverse's behavior. No time was lost because the project was finished on schedule

The state of the economy has no bearing on the IKONIC Metaverse's behavior. No time was lost because the project was finished on schedule. This research has led to novel ways of thinking about the metaverse. There won't be any new information in the IKONIC metaverse for a long time. Meetings held online require the use of NFT receivers and speakers. Gender-neutral activities can be beneficial for couples where one member identifies as male and the other as a female. There has never been lower demand for tickets to NFL-sponsored events (commonly known as NFTs). Many different sporting activities and other forms of entertainment are available. It's fine to create a few copies of your data just in case.

#IKONIC #CRYPTO #BSC #BINANCE #BITCOIN