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what is asch crypto

How much is XAS?

1 XAS = 0.001877 USD.

Why is Cryptocurrency going down?

The aggressive rising of interest rates is commonly viewed as a leading recession indicator. Following the news, the stock market as well the crypto market witnessed a huge downfall, investors lost trust and started selling off their their digital assets, causing a bloodbath in the crypto market.

What is a tomb crypto?

Tomb is the first seigniorage algorithmic token on Fantom Opera Network, bringing a new model that follow the price of a defined asset (FTM in this case). Setting a protocol that will push the price up or down to stay close to the peg target.

Why is ethereum and Bitcoin dropping?

The crypto market crashed in June after the Federal Reserve aggressively raised interest rates, crypto companies announced layoffs and froze withdrawals, and the industry continued to face regulatory challenges.

Will crypto Rise Again 2022?

With Bitcoin's big fall since then, the prediction game is even trickier. The most extreme crypto skeptics say Bitcoin will tank to as low as $10,000 in 2022, but a middle ground might be to say the cryptocurrency can still climb to $100,000 like many experts predicted late last year — just on a slower timeline.

Are NFTs dead?

NFTs are dead. Long live digital collectibles. The game industry's messy relationship with crypto concepts like the blockchain and NFTs soured in dramatic fashion yesterday when Sony launched a new “digital collectibles” feature for a revamped PlayStation loyalty program.

Is TOMB pegged to Fantom?

However, since TOMB has a peg to Fantom, it really needs to behave as Fantom does to maintain the peg and Fantom has a fixed supply with ~83% of its tokens circulating the marketplace. TOMB's price is $1.73 while Fantom's is also $1.73.

What is the point of TOMB Finance?

Tomb Finance is a Fantom-powered multi-token DeFi platform with the main goal of bringing massive liquidity to the Fantom ecosystem and providing more use cases to the network. The project also aims to peg its token, called TOMB, 1-to-1 with FTM.

Can Bitcoin crash to zero?

The historic Bitcoin returns have helped such experts to calculate the risk-neutral disaster possibility, and they haven't ruled out the possibility of this virtual currency crashing to zero. However, some experts argue that this virtual currency will eventually lose its value due to its lack of intrinsic value.

Will Shiba Inu go up?

Wallet Investor's average prediction is that SHIB will increase just over 4% from its current price to $0.0000149 by the end of the year. Gov Capital predicts it'll reach $0.00006139 within one year, a 309% increase. Short significant use cases, shiba inu's primary value is in its level of hype.

Will Shiba Inu coin reach $1?

Shiba Inu became a popular meme coin partly because of Elon Musk's public mention of the project on Twitter, but its lack of use cases prevents it from growing in the new environment. That said, Shiba Inu won't be able to reach the $1 mark in the foreseeable future.

Which crypto will boom in 2022?

Lucky Block – Overall the Best Crypto to Invest in June 2022. DeFi Coin (DEFC) – The Best New DeFi Cryptocurrency. StakeMoon – Crypto with Great Staking Rewards. Bitcoin – Currently the Best 'Buy the Dip' Crypto.

What sell most on NFT?

10 Most Expensive NFTs

  • The Merge – $91.8 million. …
  • The First 5000 Days – $69.3 million. …
  • Clock – $52.7 million. …
  • CryptoPunk #5822 – $23.7 million. …
  • Alien Cryptopunk #7523 – $11.75 million. …
  • TPunk #3442 – $10.5 million. …
  • CryptoPunk #4156 – $10.26 million. …
  • CryptoPunk #5577 – $7.7 million.

Are NFTs a good investment?

NFTs are digital assets that act as secure documentation of ownership and can be a worthwhile investment for collectors.

Is TOMB a stable coin?

Tomb Finance's main product is an algorithmic stablecoin known as TOMB. Although it is a stablecoin, it is pegged to FTM instead of a fiat currency.

What is Fantom TOMB?

Tomb Finance is the first algorithmic token pegged to FTM on Fantom Opera. One of the primary shortcomings of past algorithmic tokens has been the lack of use cases. However, Tomb Finance aims to bring liquidity to the Fantom ecosystem and new use cases to the Opera network.

How do I withdraw from TOMB Finance?

Click on the Withdraw button, approve the transaction, and wait for it to finish. Congratulations, you've just gotten back your TOMB and FTM.

Is TOMB Finance a fork?

Tomb Finance and its forks Tomb Finance has at least 104 forks across 12 different chains.

Who lost the most on Bitcoin?

Jed McCaleb and Chris Larsen, two co-founders of blockchain-based payments system Ripple, have lost $300 million and $1.1 billion, respectively.

Who owns the most Bitcoin?

The entity that is widely acknowledged to hold the most Bitcoin is the cryptocurrency's creator, Satoshi Nakamoto. Nakamoto is believed to have around 1.1 million BTC that they have never touched throughout the years, leading to several theories regarding their identity and situation.