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Croat – The Little Political Cryptocurrency Coin That Could

I have been following Croat for a long time now and have been impressed by how fast the coin has moved and the quality of software that they have put out. I created a quick guide on Croat awhile back if you want to get a quick look at it. Since that guide a few more …

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I have been following Croat for a long time now and have been impressed by how fast the coin has moved and the quality of software that they have put out.

I created a quick guide on Croat awhile back if you want to get a quick look at it. Since that guide a few more cool things have happened that I thought I would highlight. 

Businesses Keep Lining Up To Accept Croat

When I first started following Croat one fo the neat things was how closely they worked with the local Catalan community businesses so that they could start accepting Croat from their customers right away.

Croat Merchants
Croat Merchants

Currently their website lists 36 companies that will accept Croat as payment. You can view them under the Ecosystem section of the Croat website.

The companies are diverse and range from Hotels, Beer and Transportation. This is pretty incredible for a coin that first surfaced for the masses in August of 2017.

While many coins out there have no real world use, this coin is taking a passionate political movement for independence and giving real world value to Catalans.

Its Now Accessible On Exchanges

When I wrote my original article there was no exchange that would allow you to trade Croat. Now there are four (3 currently with 1 on the way). The most popular at the time of writing this being Stocks.Exchange.

Croat Exchanges
Croat Exchanges

While more popular exchanges are always welcome, I was able to use Stocks.Exchange with no issue to purchase more Croat.

With only just over 100,000,000 total supply, this coin could become quite valuable when traded on higher volume exchanges.

Croat Now Has An Easy To Use Online Mobile Wallet

When Croat was released it released with some very high quality wallets for Windows, Mac, Linux and even Android. Now, as they continue to work on their iOS app, even Apple users will be able to access a mobile wallet. Check it out here at CroatWallet.com.

They Have Forked Against ASICs

As referenced before to their high quality wallets, their developers are not only passionate but very talented. While some coins (Looking at you Electroneum) simply choose to copy and paste and find and replace, Croat actively develops their codebase to keep it what it should be, a coin for the people and not for the big miners.

The coin is based on Cryptonote and now has forked to the same Cryptonote that Monero uses (Monero7 as Monero calls it).

The Future Is Still Uncertain

Now, while having a passion for what you are doing and a quality movement are no guarantee of success.

Croat is still a baby and is still a part of the larger uncertain cryptocurrency landscape.

Here are some challenges that they still have.

Spending Your Croat Is Clunky

While they do list 36 businesses that will accept your Croat, spending it far from easy. Many require you to visit the retailer or email them for more information.

A solution to this would be to work with a company such as Globee so that merchants can easily allow customers to exchange their Croat for goods or services.

Globee would also open up Croat to the entire world and allow Croat to be spent on non Catalan services and products.

Access To Better Exchanges

While having some exchanges is better than none, it will be hard to survive in its current environment. The whole point of a currency is to be able to exchange it. Whether that is for products, services or trading it against another coin, without easy ways to move Croat around the coin will struggle to catch on.

Continued Development

Little is really know about those behind development and there is no guarantee that without those that have worked so hard to get Croat where it is now, that it would continue to grow.

This can easily be solved with more exposure. The more value Croat has to others the more willing people are to donate their time to the cause.

There is nothing to say that development will slow down or cease but this time right now is a pivotal point where development and promotion need to continue, if not be ramped up.

Conclusion

When I first started following Croat there was a lot of uncertainty. While its no Monero, its grown so much since I first started paying attention to the program. I continue to look forward to more development, more exposure and more good times ahead.

Disclaimer

This is usually where you read about how I got paid to post this or was compensated in somehow. I am simply a fan and thought I would share the progress I have seen. I do own Croat but that is the whole point, right? As always, do your own due diligence before making an decisions!

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Blockchain

GIBX Swap: Sky is the Limit for the Best Decentralized Exchange Platform

The era of decentralized exchanges has come with the maturity and application of digital technologies.

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The value of GIBX Swap, which focuses on mainstream cryptocurrencies, is predicted to continue growing, shortly after its recent launch, and its price has the potential to reach record heights.

The first and leading decentralized exchange platform in the world has been launched on Sep.14,2021. Two days later, it is announced that GIBX Swap has started trading.

Meanwhile, due to its reputation, it has officially been listed on CoinMarketCap, the world’s most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. 

Decentralized tech and business

DeFi, shortened for Decentralized Finance, has been catching on since 2020. GIBX Swap holds the view that being decentralized is prerequisite to DEX. Traditional exchanges tend to be centralized.

On the one hand, it serves as information intermediaries, solving the issue of asymmetry of information to some extent; on the other hand, it create a new information asymmetry in favor of itself by the monopoly and manipulation of information, sometimes at the cost of the legitimate interests of clients.

No matter how the stock market performs, centralized exchanges can rely on charges and fees to guarantee their revenues.

As far as GIBX SWAP is concerned, the era of decentralized exchanges has come with the maturity and application of digital technologies. As a new type of exchange, the decentralized exchange makes the fullest use of the decentralization of blockchain, building peer-to-peer trust and transactions, with no intermediary.

The transaction links are all on the chain and performed directly by the open-source smart contract. As long as the user has and keeps the private key, he/she doesn’t have to worry about property security.

GIBX Swap features decentralized technologies with its brand-new block chain trading underlying platform, new generation of trading contract and cross-chain decentralized exchange, and complete business model with asset safety, market liquidity, trading fairness, ecological openness and transaction experience.

It aims to become the benchmark for DEX platforms and the leading DEX platform for token swaps.

GIBX Swap is an automated market maker (AMM) that allows a user to exchange two tokens. The liquidity provided to the exchange comes from Liquidity Providers (“LPs”) who stake their tokens in Liquidity Pools. In exchange, a user gets LP tokens that can also be staked to earn X tokens in the “Pool”.

Blockchain security protection from inside and outside

GIBX Swap puts emphasis on blockchain security protection. For one thing, it strengthens its own security from inside; for another thing, it has its smart contract technology code audited. Certik, the world’s leading block chain security audit institution has provided an audit for the project.

Established by the research team from Yale University and Columbia University with a decade of research, Certik has been providing code security audit services for blockchain applications and smart contracts, and the highest level of code security solution.

It is announced that GIBX Swap has passed the Certik security audit, which is carried out in a comprehensive review from Static Analysis, On-chain Monitoring, Social Sentiment, Governance & Autonomy, Market Volatility and Safety Assessment in search of potential safety hazards and possible production vulnerabilities.

It is confirmed once again after the audit by Certik that the technical code delivered by GIBX Swap is at a very high level of security, and GIBX Swap has the initiative to perform security tests.

Price predicted to reach new high 

GIBX Swap is highly committed to the supplier of true value, fairness, and innovation to decentralized finance through high-quality products and services.

It aims to become a benchmark for DEX platforms and take up the mantle of becoming the leading DEX platform on the market for token swaps. GIBX Swap is fast, secure no which anyone can swap and earn tokens.

A growing number of people has been paid attention to GIBX Swap ever since its launch. There have been over 46,000 followers in twitter, and more than 90,000 members in its TG.

GIBX Swap has shown strong potential lately and this could be a good chance to invest. Its value is expected to continue to expand, as shortage tends to encourage price rise.

In terms of price, GIBX Swap has an outstanding potential to reach new heights. X is forecast to increase in value. GIBX Swap can hit the highest price of $23.62 till 2030.

GIBX Swap is affiliated to GIBX, an international comprehensive Internet brokerage firm created by GIB Global Investment Bank & Capital Trust and a digital asset trading platform covering forex functions. GIBX has teamed up with world-renowned cryptocurrency platforms and top liquidity providers, including but not limited to: CoinMarketCap, CoinGecko, JPMorgan Chase, Goldman Sachs etc. in order to provide users a more transparent and convenient trading experience. As a financial trading platform regulated by international authorities such as FCA, ASIC, NFA, GIBX strictly follows all rules and regulations and uses reliable risk management solutions to ensure the safety of users’ capital.

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Source: https://www.financemagnates.com/thought-leadership/gibx-swap-sky-is-the-limit-for-the-best-decentralized-exchange-platform/

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Blockchain

Solana, Polkadot, Algorand: What is the Bitcoin effect on these altcoins

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With the market trading in red today pretty much all coins including Bitcoin and Ethereum are falling. However, there are some coins that made excellent gains in the last 2 months which are now facing huge price falls as well.

Which alts though?

Solana, Polkadot, and Algorand were three altcoins that successfully rallied between July and August. Polkadot rose from $12.34 all the way to $34.45 registering a 214.33% growth. Similar gains were observed for Algorand as the coin breached $2 and marked a 230.26% rise. 

The most gains were seen by Solana holders though mainly because the altcoin shot up 713.94%. An increase this high was the result of the NFT hype which took it up from $26.68 to $191.07

Solana’s 713% rise | Source: TradingView – AMBCrypto

In fact, Solana and Algorand even registered new all-time highs during this time period. But each of these coins is now observing significant price falls as well. 

In the last 24 hours ALGO fell by 15.26%, DOT came down by 14.37% and SOL lost 16.8% of its price as of press time.

A huge reason behind this fall is also their exhausted momentum since even after the September 7 fall, DOT and ALGO witnessed another price rise before they finally hit a slowdown.

Algorand’s 15.26% drop | Source: TradingView – AMBCrypto

Owing to this investors are possibly getting rid of their holdings in both spot and derivatives markets. Sell volumes at the time of this report have increased and liquidations rose to millions for all 3 altcoins. Since SOL gained the most, it lost the most as well and its liquidations touched $25 million.

Solana liquidations at $25 million | Source: Coinalyze – AMBCrypto

Can Bitcoin save them?

Well since Bitcoin’s price movement commands the market’s movement it is obvious that BTC needs to reduce losses first. But more importantly, these assets’ correlation to Bitcoin will determine how much they will be affected by BTC. Right now Algorand is at the lowest at 0.57, followed by Solana at 0.7, and at the highest is Polkadot (0.88)

However, surprisingly, investors are most positive about Algorand of all three hoping for a recovery soon.

Investor sentiment | Source: Santiment – AMBCrypto

Once Bitcoin and Ethereum change their movement, other coins would follow suit. And that’s when some recovery can be expected.

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Source: https://ambcrypto.com/solana-poladot-algorand-what-is-the-bitcoin-effect-on-these-altcoins

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Blockchain

Kraken Daily Market Report for September 19 2021

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Overview


  • Total spot trading volume at $598.4 million, the 30-day average is $1.36 billion.
  • Total futures notional at $223.4 million.
  • The most traded coins were, respectively, Bitcoin (-2.2%), Ethereum (-3.1%), Tether (0%), Solana (-9.9%), and Cosmos (+8.8%).
  • Cosmos continues its hot streak, up 8.8%. Also strong returns from OMG (+10%).

September 19, 2021 
 $598.4M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
BTC 
$47237. 
↓2.2% 
$159.9M
ETH 
$3328.3 
↓3.1% 
$112.5M
USDT 
$1.0001 
↓0.01% 
$66.5M
SOL 
$152.62 
↓9.9% 
$39.4M
ATOM 
$44.205 
↑8.8% 
$34.8M
ADA 
$2.2816 
↓3.7% 
$33.9M
DOT 
$33.828 
↓2.9% 
$28.0M
USDC 
$1.0 
↓0.01% 
$19.8M
ALGO 
$1.975 
↓4.8% 
$16.0M
XTZ 
$6.5085 
↑1.1% 
$16.0M
XRP 
$1.0480 
↓2.5% 
$11.6M
LINK 
$27.364 
↓3.3% 
$8.56M
DOGE 
$0.2329 
↓3.3% 
$7.51M
LTC 
$181.89 
↑0.24% 
$7.26M
OMG 
$9.6562 
↑10% 
$6.8M
KSM 
$400.45 
↓4.2% 
$6.65M
EOS 
$4.912 
↓9.9% 
$4.86M
CRV 
$3.0345 
↑5.8% 
$4.84M
BCH 
$610.63 
↓3.2% 
$4.79M
DYDX 
$14.288 
↓12% 
$4.55M
MATIC 
$1.3112 
↓4.1% 
$4.14M
XLM 
$0.3134 
↓2.7% 
$3.04M
MOVR 
$387.12 
↓2.1% 
$2.95M
MINA 
$5.38 
↑1.7% 
$2.88M
ZEC 
$133.55 
↓3.8% 
$2.77M
TRX 
$0.1037 
↓2.0% 
$2.4M
AAVE 
$339.02 
↓4.5% 
$2.29M
SC 
$0.0180 
↓5.1% 
$2.02M
XMR 
$260.10 
↓4.2% 
$1.99M
FLOW 
$20.114 
↓2.9% 
$1.93M
DAI 
$1.0002 
↑0.01% 
$1.85M
ANT 
$5.9664 
↓3.2% 
$1.76M
MLN 
$123.19 
↑2.4% 
$1.72M
SNX 
$12.82 
↑1.7% 
$1.47M
DASH 
$192.81 
↓3.6% 
$1.32M
NANO 
$5.5184 
↓0.9% 
$1.31M
OXT 
$0.3665 
↓2.7% 
$1.29M
ETC 
$55.316 
↓2.8% 
$1.26M
SRM 
$9.8570 
↓8.9% 
$1.23M
KAVA 
$6.0120 
↓4.3% 
$1.09M
CQT 
$1.193 
↓2.6% 
$907K
ICX 
$1.7976 
↓6.7% 
$837K
SDN 
$5.84 
↓2.7% 
$819K
KEEP 
$0.4473 
↓6.4% 
$809K
UNI 
$23.906 
↓2.3% 
$807K
WAVES 
$27.5 
↓5.1% 
$798K
KAR 
$9.941 
↓11% 
$790K
FIL 
$83.437 
↓1.0% 
$725K
YFI 
$32933. 
↓2.6% 
$649K
COMP 
$392.7 
↓2.1% 
$599K
QTUM 
$12.145 
↓3.3% 
$577K
OCEAN 
$0.7578 
↓5.7% 
$577K
SUSHI 
$12.017 
↓5.3% 
$513K
REN 
$0.8905 
↓5.9% 
$501K
GRT 
$0.8017 
↓3.4% 
$429K
RARI 
$19.69 
↓7.9% 
$406K
KNC 
$1.7345 
↓3.5% 
$339K
STORJ 
$1.3421 
↓3.9% 
$318K
PAXG 
$1763.7 
↓0.21% 
$305K
BAT 
$0.7403 
↓1.3% 
$269K
CTSI 
$0.6513 
↓3.6% 
$268K
AXS 
$63.35 
↓2.2% 
$245K
ENJ 
$1.5619 
↓4.9% 
$220K
LSK 
$3.6100 
↓0.6% 
$216K
ZRX 
$1.047 
↓5.4% 
$207K
EWT 
$10.199 
↓4.7% 
$197K
BAL 
$24.71 
↓3.9% 
$191K
MIR 
$3.6362 
↓3.0% 
$177K
CHZ 
$0.3165 
↓3.6% 
$156K
1INCH 
$2.9619 
↓4.3% 
$142K
GNO 
$265.44 
↓5.0% 
$141K
PERP 
$14.055 
↓5.7% 
$139K
MANA 
$0.7986 
↓2.8% 
$136K
BADGER 
$20.576 
↓8.8% 
$136K
OGN 
$1.0027 
↓5.0% 
$125K
MKR 
$2730.0 
↓2.9% 
$115K
INJ 
$10.950 
↑2.0% 
$99.1K
REP 
$25.857 
↓1.8% 
$95.5K
LPT 
$18.11 
↓4.2% 
$89.2K
ANKR 
$0.0947 
↓0.3% 
$76.3K
LRC 
$0.4531 
↓1.5% 
$71.4K
GHST 
$1.6867 
↓1.2% 
$56.2K
BAND 
$8.852 
↓4.2% 
$48.2K
SAND 
$0.7381 
↓4.7% 
$43.9K
TBTC 
$48240. 
↓3.4% 
$32.5K
REPV2 
$25.234 
↓3.7% 
$27.3K
BNT 
$3.923 
↓1.3% 
$15.5K
WBTC 
$47699. 
↓0.4% 
$12.3K



#####################. Trading Volume by Asset. ##########################################

Trading Volume by Asset


The figures below break down the trading volume of the largest, mid-size, and smallest assets. Cryptos are in purple, fiats are in blue. For each asset, the chart contains the daily trading volume in USD, and the percentage of the total trading volume. The percentages for fiats and cryptos are treated separately, so that they both add up to 100%.

Figure 1: Largest trading assets: trading volume (measured in USD) and its percentage of the total trading volume (September 20 2021)



Figure 2: Mid-size trading assets: (measured in USD) (September 20 2021)



###########. Daily Returns. #################################################

Daily Returns %


Figure 3: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (September 20 2021)



###########. Disclaimer #################################################

The values generated in this report are from public market data distributed from Kraken WebSockets api. The total volumes and returns are calculated over the reporting day using UTC time.

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Click here to access.

Source: https://blog.kraken.com/post/11070/kraken-daily-market-report-for-september-19-2021/

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