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The final day of the PMPL Arabia Season 1: Super weekend Week 2 ended with Zombies Esports leading the standings with 359 points. The team managed to take 207 kills out of the 30 matches played. The squad also got 152 placement points which helped them to retain a lead of 16 points from the second leaderboard topper.
GUNZ Esport finished at the 2nd spot with 343 points including the 150 kill points. The squad holds the highest number of placement points (193). The third spot on the leaderboard was taken by SUDOR Esports with 269 points.
Super weekend points will decide the League Stage overall standings of PUBG Mobile Pro League Arabia Season 1. After three weeks of play, the top 16 teams will qualify for PMPL Arabia Season 1 finals.
PMPL Arabia 2021: Super Weekend Week 2 Day 3 Match Wise Summary
The first match of the day was won by Real Tiger9 with 25 kills. It was one of the most interesting matches ever in the regular season due to the formation of the zones. The final circles of the matches were formed completely on the water with 8 teams in it. Being the water circle, none of the teams could take any fights. It was a funny scene for all the fans as the fate of all the teams was at the hands of the circle. Real Tiger9 conquered the zone and emerged as the winners followed by RTG Esports with 16 kills. It was a low-scoring game for all the teams, as the maximum of the players got killed due to the blue zone.
The second match of the day didn’t go as planned for Galaxy Racers. They became the first team to get eliminated from the game. Rico Infinity Team took the chicken dinner with 12 kills thus gaining a total of 27 points. HOTLINE Esports finished at the second spot in the standings with 1 kill followed by Yalla Esports with 11 kills. The second match of the day was played on the Miramar.
SUDOR Esports took their first chicken dinner of the day. The match was played on Sanhok where the team took a total of 7 kills. iKURD Esports managed to take 6 kills and finished at second position followed by Rico Infinity Team with 5 kills. Yalla Esports was the first team to get eliminated from the game without any kills. Galaxy Racers finished at the 12th spot with 4 points.
NASR Esports took the chicken dinners in the fourth match of the day. The team was unstoppable and took out all the teams in the game. They scored a total of 26 points including the 11 kills. Yalla Esports finished at the second spot in the standings with 5 kills. Galaxy Racer was the first team to get eliminated from the match without any kill. SUDOR Esports was the second-highest kill leader of the match.
The last match of the week 2 super weekend was played on Erangel map. The first circle in the game was formed on the northeast side of the map. Alpha Legends was the first team to get eliminated in the 16th position without any kills. GUNZ Esport got their first chicken dinner of the day with 15 kills. Rico Infinity Team secured the second spot on the leaderboard with a total of 23 points.
PMPL Arabia 2021: Super weekend Week 2 Day 3 Overall Standings
- Zombies Esports – 359 points
- GUNZ Esport – 343 points
- SUDOR Esports – 269 points
- Rico Infinity Team – 250 points
- Alpha Legends – 240 points
- RTG Esports – 238 points
- NASR Esports – 223 points
- Falcons Esport – 196 points
- iKURD Esports – 188 points
- SCYTES – 187 points
- Hotline Esports – 169 points
- Yalla Esports – 169 points
- Real Tiger9 – 147 points
- Galaxy Racer – 141 points
- RA’AD – 104 points
- Flare Royal Team – 89 points
- Fate Esports – 89 points
- The Snipers – 60 points
- Arab GSG – 53 points
- Fanatic Zombies – 53 points
With the completion of Super Weekend 2, all 20 teams will enter into the week 3 league stage. Each team will play a total of matches 8 a week, every Tuesday & Wednesday (each day 4 matches). Out of which, the top 16 teams will qualify for Super Weekend 3.
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The World Economic Forum’s Cryptocurrency Guide Lists Its Choice Of “Winning” Projects
The World Economic Forum (WEF) has published its community paper on cryptocurrency. It contains information on getting started, exploring the blockchain, and so on. It also lists several cryptocurrencies that meet its scalability stamp of approval.
As an influential body, some have taken this to mean the WEF has selected its choice of winning cryptocurrency projects, which, if rumors are to be believed, will receive a significant push over the coming years.
The WEF See Cryptocurrency As Transformational
Various centralized authorities, and their representatives, have sent mixed messages surrounding cryptocurrency and its role in future society.
This includes ECB President Christine Lagarde, who earlier this year blasted Bitcoin’s “funny business” in facilitating money laundering, and U.S Treasury Secretary Janet Yellen, who pointed out Bitcoin’s limitations as a payment mechanism, and much like Lagarde, its use in illicit financing.
“To the extent it is used I fear it’s often for illicit finance. It’s an extremely inefficient way of conducting transactions, and the amount of energy that’s consumed in processing those transactions is staggering.”
Nonetheless, the Swiss-based international organization for public-private cooperation has signaled its approval of cryptocurrency via its latest guide. The 22-page report details practical guidance, for both individuals and corporate professionals, on transacting, dapps, governance systems, scalability, and consideration of regulations.
“As cryptocurrencies transform how we trade, transact and interact online, it has become more important than ever for technology leaders to have experience with these innovations.“
As expected, the report mentions the big two, Bitcoin and Ethereum, even dedicating an entire section to Ethereum to discuss its programmability and usefulness in facilitating technological innovation.
Along with that, in the throughput and scalability section, the report also lists six cryptocurrency projects with brief text on their ability to handle large volumes of transactions. They are Algorand, Cardano, Celo, XRPL, Solano, and Stellar.
The Great Reset
During covid times, the WEF has caught the attention of many truth seekers. They raise concerns over the WEF’s role in steering the world recovery.
Among the WEF’s predictions by 2030 is “you’ll own nothing. And you’ll be happy.”
Some have described this future scenario as a centralized system of control and manipulation. Even a throwback to Medieval feudal society, which consisted of a bottom rung of the peasantry who were slaves to the landowners.
Reuters have fact-checked this “stated goal” and dismissed it because it was a reference to the trend towards the prevalence of renting over ownership.
“False. The World Economic Forum does not have a stated goal to have people ‘own nothing and be happy’ by 2030. Its Agenda 2030 framework outlines an aim to ensure all people have access to ownership and control over land and other forms of property.”
Either way, should investors take the WEF’s mention of Algorand, Cardano, Celo, XRPL, Solano, and Stellar as cryptocurrency projects to watch in the future?
Ethereum, Stellar Lumens, VeChain Price Analysis: 14 June
Even though Bitcoin climbed back above $39,000 after a jump of 8% in a single day, not all coins witnessed a surge in value. Alts such as Ethereum, Stellar Lumens and VeChain saw limited gains within their down-channel and awaited further cues for a breakout.
A look at Ethereum’s 12-chart showed the formation of a down-channel after a break above $2,900 was denied by sellers. On the verge of a breakout from the pattern, ETH bulls tussled with the upper trendline at press time. Interestingly, the upper trendline saw some interplay between 20-SMA (red) and 50-SMA (yellow) and hence, it was an important area to retake. A successful breakout would likely result in a 13% hike back towards its upper ceiling of $2,900.
MACD was close to a bullish crossover as the Fast-moving line caught up to the Signal line. However, RSI maintained below 50 and lower highs indicated weakening. A failed breakout would likely see ETH maintain its downtrend within the channel.
Stellar Lumens [XLM]
Stellar Lumens also attempted a break above its down-channel at the time of writing. A successful breakout would likely trigger a 13% jump towards 23.6% Fibonacci level ($0.388) and 50-SMA (yellow). An extended bullish outcome could even result in an additional 20% rise at the 38.2% level ($0.46) and 200-SMA (green).
Squeeze Momentum Indicator suggested that bearish momentum has declined over the past few days and backed a favorable outcome. However, RSI has remained in bearish territory since 19th May and even pointed south at press time. The index could continue towards the oversold zone before a reversal can be expected. Such an outcome would see XLM maintain within its down channel over the coming days.
VeChain was in a similar predicament as its counterparts ETH and XLM. The crypto-asset also traded within a down channel and eyed a break above its upper trendline, an area that clashed with 20-SMA (red) and 50-SMA (yellow). An early breakout would likely boost VET towards its 200-SMA, close to strong resistance line of $0.152. If such an outcome is denied, further dips were possible towards defensive lines of $0.091 or $$0.0825. The presence of a demand zone within this area could cushion an extended sell-off.
VET’s RSI gave was an example of yet another altcoin that switched to a downtrend after a key breakout was denied – in this case – $0.152-resistance. The index could decline towards the oversold zone before shifting gears. Supertrend Indicator still presented a sell signal but interestingly placed a stop-loss at $0.136 and 200-SMA- making this area critical to VET’s success.
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Charles Hoskinson hits back after billionaire calls Cardano a ‘cult’
Galaxy Digital CEO Mike Novogratz said over the weekend that he was ‘shocked’ over Cardano’s valuation while calling the community a weird cult.
“And so things like Cardano, it shocks me, the valuation. And it shocks every smart developer I know. They have done something to create this weird cult,” he said.
Cardano, the number five cryptocurrency has a market cap of just under $50 billion and is within striking distance of Binance Coin (BNB). The high-speed blockchain logged one of the highest ‘commits’ on GitHub last week, but some bigwigs remain unimpressed.
Novogratz picked up on a common criticism of the project. That is, how can a half-complete network with no operational smart contracts be valued so highly?
While there is some validity to this point, the “weird cult” comment has drawn a barrage of disapproval from Cardano supporters. Input Output Global (IOG) CEO Charles Hoskinson himself waded into the controversy by accusing Novogratz of bitterness.
“Let me translate the billionaire speak for you guys. He’s saying that he doesn’t see a backdoor to get in at a favorable price or manipulate the market like the rest of the VC coins,” Hoskinson tweeted.
Let me translate the billionaire speak for you guys. He’s saying that he doesn’t see a backdoor to get in at a favorable price or manipulate the market like the rest of the VC coins. Somehow fair, transparent, community led cryptocurrencies are “cults” I’ll remember that Mike https://t.co/NksbE1JWsf
— Charles Hoskinson (@IOHK_Charles) June 13, 2021
Novogratz says Cardano is all show and no go
Novogratz dropped the bombshell speaking to Yahoo Finance Anchor Zack Guzman, in which he remarked that value is no longer derived from code. Instead, it’s a “social construct,” or as he made more explicit, all about the branding.
Hoskinson has addressed the issue of the lack of smart contracts on several occasions, saying they are on the way. But to accuse IOG and Cardano of criminality is a step too far and grossly misrepresenting the situation.
More recently, addressing the differences between Cardano and Ethereum, Hoskinson said Cardano’s slow and steady “scientific method” is, in his mind, the best way to counter system failure.
“The way we do things is a bit more mature and responsible because the way that we do things results in a better assurance that the systems we build won’t fail,” he said in a recent video.
The question is, is Novogratz’s anti-Cardano stance coming from a pro-Ethereum perspective? Or does he sincerely believe Cardano is all fluff?
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