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Is PSG Talon too good for the Pacific Championship Series?

With PSG Talon utterly dominating this season, we begin to wonder if the team is too good for the region or if the talent pool is too small to keep up?

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PSG Talon is arguably SEA’s best team, but is that due to the team’s overall explosive performances or the region’s lack of talent?

The PCS Summer Split playoffs are heating up and PSG Talon is still the team to watch in SEA. We’ve already talked about the team going undefeated for the entire season and they’ve gone and done just that. For five straight weeks, they played 18 games and won them all, showing just how strong and consistent they are against the rest of the other teams. They also managed to go one better than their 17-1 Spring Split run, quite literally.

To put it into perspective, they are the only team to go undefeated for the entire Summer Split duration in any region. However, there are some discrepancies. For one, many of the other leagues are playing in a best-of-three format. This would require teams to play a lot more games than necessary, which would of course be much harder to maintain an unbeaten streak. Sure, it isn’t easy to go 18-0 but is that a result of PSG Talon’s utter dominance over SEA or is there something deeper to it?

Since joining the PCS in its inaugural season in 2019, PSG Talon has on to become back-to-back Spring Split champions. They also finished second in last year’s Summer Split, which allowed them to attend Worlds for the first time. A team that has only been around for a couple of years had a decent showing in China last year, topping their group in the first play-in stage but not making it past the group stages. This year should be their year to prove that they are a force to be reckoned with. But what does that say about the rest of the region?

SEA in Decline?

Since the first Worlds back in 2011, SEA has only ever won the coveted title once. This was way back in 2012 when the now-defunct Taipei Assasins took home $1,000,000, the first time Worlds ever had a million dollars in prize money for first place. However, it has been a steep decline for SEA countries. Since then, no team from the region has ever come close to winning Worlds.

PSG Talon does stand a big chance given their recent performance at MSI 2021, which saw them finish in fourth place. This is a good indication of what we can expect from them at Worlds later this year. Unfortunately, they appear to be the only team from SEA capable of actually getting a good result at Worlds. This is because most, if not all of the teams have not had any good results when it came to LoL’s biggest tournament of the year.

Most of the results over the years show SEA teams not being able to make it out of the group stages of the tournament. The last time a team from SEA made it to the playoffs at Worlds was back in 2015 when the now-defunct ahq e-Sports Club and Flash Wolves made it to the quarterfinals.

As for this year alone, PSG Talon has been the standout SEA team due to their international performances. Their appearance at MSI was highly encouraging, especially during the Rumble Stage. Going into day three, PSG Talon took key victories against the likes of RNG and MAD Lions. This goes to show that the team does have what it takes to grind out the victory when it matters most.

Taipei Assassins were the first and last team from SEA to win Worlds back in 2012. (Image credit: Riot Games)

Who will take it?

The PCS Summer Split playoffs are currently ongoing and as things stand, PSG Talon already has one foot in the door to Worlds as they are currently in the winner bracket finals alongside Beyond Gaming. They are just one best-of-five series away from heading to Worlds once more. The only way they could not make it is if they were to lose two best-of-five series in a row. While this is highly plausible, it doesn’t necessarily mean it will happen, especially given how the team has yet to drop a single game the entire Summer Split.

Given how both Beyond Gaming and Machi Esports are the second-best teams in PCS, it now comes down to who will take the final spot if PSG Talon were to take the other.

Of course, Beyond Gaming already got the better of Machi Esports once, sending them to the loser bracket where they will face off against BOOM Esports. With the way things are going, it wouldn’t be surprising to see Beyond Gaming replace Machi Esports at Worlds this year. There, we called it.

A big fish in a small pond?

It isn’t fair to refer to PCS as that but unfortunately, that is what it is at this point. The talent pool is not able to keep up to the standards set by the other regions, especially in China and South Korea. While many of the Taiwan teams are keeping up, the rest of the region is still struggling. The likes of Malaysia, Singapore, and to a certain extent, Indonesia and the Philippines aren’t able to field teams that can challenge year-in-and-out to make it to tournaments like MSI and Worlds.

So this begs the question, are PSG Talon the big fish in a small pond?

Looking at how things are going, I think it’s safe to say they are, and there’s nothing wrong with that. It just means that it’s high time the rest of the region catch up. Given how PSG Esports had already seen its potential, this could be the chance for more teams to invest in the LoL esports scene in the region.

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Source: https://www.gosugamers.net/lol/news/54688-is-psg-talon-too-good-for-the-pacific-championship-series

Blockchain

ATOM Technical Analysis: Bulls Drive Price Above the Rising Channel

ATOM technical analysis

Rate this post The strong uptrend of the ATOM coin has given a bullish breakout of the parallel channel. Some in the cryptocurrency industry are concerned about the high degree of fragmentation that is evident in blockchain networks. There are hundreds of blockchain networks. However, only a handful can communicate with each other. Cosmos seeks to reverse this situation by making communication possible. Cosmos has been described as “Blockchain 3.00”, and it is a goal to make it simple to use. It is a software development platform that emphasizes modularity. This allows the creation of a network with code fragments that already exist. As a long-term goal, complex applications will become easier to construct. Scalability is another priority. That means transactions can be processed faster than with older blockchains such as Bitcoin and Ethereum. Blockchains must be able to handle the demands of payment processing companies, websites, and other users if they want to achieve widespread adoption. Past Performance of ATOM ATOM coin price faces a short-term retracement in spite of this, the bullish rally represents an uptrend.  On September 06, 2021, ATOM opened at $25.75. On September 12, 2021, LINK closed at $34.91. Thus, in the past week, the LINK price has increased by approximately 35.65%.  Source – Tradingview ATOM Technical Analysis ATOM coin price is trading at $37.52 at the time writing with a rise of 15.65% in the past 24 hours. The overpowered uptrend has broken out of the rising parallel channel thanks to the tremendous rise in buying pressure. Source – Tradingview The strong uptrend of ATOM cryptocurrency has given a bullish breakout of the parallel channel. Furthermore, the recently made lower price rejection near the $30 mark indicates a successful retest. Thus, the breakout of the $40 level may catalyze the bullish rally and help reach the $60 mark.   As per the pivot points, the ATOM coin price may find resistance near $50 and $60. And the support levels are at $35 and $30. The exponential moving averages of 50, 100, and 200-days rise higher in the bullish formation. They may act as support levels in case of an unexpected downfall. Currently, the RSI indicator is residing at 72% as it falls resulting in a bullish divergence pattern. The divergence forecasts a dip shortly.  Furthermore, the ATOM coin price is moving above the bullish cloud of the Super Trend projecting an uptrend in motion. The uptrend grows stronger as the price retests the bullish breakout. Day-Ahead and Tomorrow ATOM token price grows in an uptrend by breaking above the parallel channel. The possible breakout of the $40 level serves as an excellent entry spot upon retest with minimum risk.

The post ATOM Technical Analysis: Bulls Drive Price Above the Rising Channel appeared first on Cryptoknowmics-Crypto News and Media Platform.

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The strong uptrend of the ATOM coin has given a bullish breakout of the parallel channel.

Some in the cryptocurrency industry are concerned about the high degree of fragmentation that is evident in blockchain networks. There are hundreds of blockchain networks. However, only a handful can communicate with each other. Cosmos seeks to reverse this situation by making communication possible.

Cosmos has been described as “Blockchain 3.00”, and it is a goal to make it simple to use. It is a software development platform that emphasizes modularity. This allows the creation of a network with code fragments that already exist. As a long-term goal, complex applications will become easier to construct.

Scalability is another priority. That means transactions can be processed faster than with older blockchains such as Bitcoin and Ethereum. Blockchains must be able to handle the demands of payment processing companies, websites, and other users if they want to achieve widespread adoption.

Past Performance of ATOM

ATOM coin price faces a short-term retracement in spite of this, the bullish rally represents an uptrend. 

On September 06, 2021, ATOM opened at $25.75. On September 12, 2021, LINK closed at $34.91. Thus, in the past week, the LINK price has increased by approximately 35.65%. 

ATOM Technical Analysis

ATOM coin price is trading at $37.52 at the time writing with a rise of 15.65% in the past 24 hours. The overpowered uptrend has broken out of the rising parallel channel thanks to the tremendous rise in buying pressure.

The strong uptrend of ATOM cryptocurrency has given a bullish breakout of the parallel channel. Furthermore, the recently made lower price rejection near the $30 mark indicates a successful retest. Thus, the breakout of the $40 level may catalyze the bullish rally and help reach the $60 mark.  

As per the pivot points, the ATOM coin price may find resistance near $50 and $60.

And the support levels are at $35 and $30.

The exponential moving averages of 50, 100, and 200-days rise higher in the bullish formation. They may act as support levels in case of an unexpected downfall.

Currently, the RSI indicator is residing at 72% as it falls resulting in a bullish divergence pattern. The divergence forecasts a dip shortly. 

Furthermore, the ATOM coin price is moving above the bullish cloud of the Super Trend projecting an uptrend in motion. The uptrend grows stronger as the price retests the bullish breakout.

Day-Ahead and Tomorrow

ATOM token price grows in an uptrend by breaking above the parallel channel. The possible breakout of the $40 level serves as an excellent entry spot upon retest with minimum risk.

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Source: https://www.cryptoknowmics.com/news/atom-technical-analysis-bulls-drive-price-above-the-rising-channel/

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Blockchain

TIME100: Why Ethereum’s Vitalik Buterin Deserves The Spot

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TIME100: Why Ethereum's Vitalik Buterin Deserves The Spot

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The annual ultra-prestigious Time 100 Most Influential List is out featuring everyone from Apple’s Tim Cook to Tesla’s Elon Musk and the World Trade Organization’s first female boss Ngozi Okonjo-Iweala. The cryptocurrency industry had just one slot and 27-year-old billionaire and Ethereum co-founder, Vitalik Buterin clinched the spot.

Nominated by Reddit’s co-founder, Alexis Ohanian, Vitalik made his debut on the influential list under the innovators’ category for his magnificent strides in the world of blockchain through the creation of Ethereum. Ohanian, who has been an ardent follower of Buterin from the infant stages of his career, was quick to add:

“No other person could have possibly come up with all of the uses of Ethereum, but it did take one person’s idea to get it started. From there a new world has opened up, and given rise to new ways of leveraging blockchain technology — some of which I’ve invested in.” Ohanian said in response to the global strides of Ethereum. “Whether it is start ups like Sorare reinventing fantasy sports or Rainbow users showing off their NFT collections, none of this would’ve existed without Vitalik’s creation.”

Why Buterin? Well, here are the top reasons we think.

A builder of builders

In one of Ohanian’s remarks, he referred to Vitalik as a builder’s builder and it’s not so hard to see. With a solid $400 billion community harboring a plethora of life-changing DeFi’s and pleasure-giving NFTs, the Ethereum blockchain has successfully set the ball rolling for one of the most ingenious use cases for blockchain.

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Beyond payment solutions and cryptocurrencies, newer startups are developing tools that leverage blockchain technology in areas of real estate, supply chain management, voting, user privacy and security, statistics, etc. There are now close to a 3.5 million registered DeFis and over 2000 registered DApps fully operational and domiciled on the Ethereum mainnet.

A hub for all

Bitcoin may have the magic of low transaction fees and more popularity but Ethereum has the record for the largest number of innovative developers on a single platform. There are over 40 million unique addresses with over 250,000 developers working out close to half a million daily transactions amounting to approximately $1.5 billion per day in volume. This makes Vitalik’s Ethereum the busiest tree for many birds in the crypto ecosystem. 

Bitcoin’s Satoshi Nakamoto and Cardano’s Charles Hoskinson may have earned premium accolades within the community for bringing up the first crypto and becoming the first to deploy its technology to Africa on a significant scale respectively, but Vitalik’s achievement stands true. It’s been a phenomenal year for the 27-year-old, first stepping into the Forbes billionaire club back in March and now cementing his place as an undeniably global person of influence — and he’s only 27 yet.

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Source: https://zycrypto.com/time100-why-ethereums-vitalik-buterin-deserves-the-spot/

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Ethereum Competitor Announces $230,000,0000 Token Sale After Surging 80% This Week

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An Ethereum competitor has surged nearly 60%, hitting its all-time high this week, even while the majority of other crypto projects have moved sideways on the price charts.

The smart contract platform Avalanche (AVAX) is trading at $65.02 at time of writing, having achieved an all-time high of $68.34 at one point on Thursday, according to CoinGecko.

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The Avalanche Foundation also announced on Thursday that it had completed a $230 million private token sale to a slew of blockchain asset investment firms, crypto hedge funds, angel investors, and family offices, including Polychain Capital and Three Arrows Capital.

The foundation plans to allocate this money into expanding decentralized finance (DeFi), enterprise applications, and other use cases on the Avalanche public blockchain. The sale was completed in June.

According to Avalanche Foundation director Emin Gün Sirer,

“Despite being years younger than its peers, Avalanche has quickly turned promise and potential into real-world impact and value creation for DeFi users and developers.

The community of builders rallying around the network is a testament to its competitive edge, and there is still so much potential yet to be tapped at the intersection of institutional and decentralized finance on Avalanche.”

Recent research from the early-stage venture capital firm Outlier Ventures indicates that Avalanche has demonstrated explosive growth in terms of developer activity during the past year.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Source: https://dailyhodl.com/2021/09/17/ethereum-competitor-announces-2300000000-token-sale-after-surging-80-this-week/

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