If you are an XRP holder or invested in the crypto market, you will want to pay attention to the drama unfolding between Ripple and the SEC. There have been a few developments over the past few days which highlight the foreseeable end to the groundbreaking case. In 2021 exchanges like Coinbase and other American exchanges had to suspend trading XRP due to the case brought against Ripple by the SEC.
As of right now, the case seems to be in its final stretches with a loser in sight. It would appear that the SEC had someone overseeing regulations with links to rival tokens. When we think about crypto and the dangers of crypto, we often think about the threat of hacking. Hacking and rug pulls take billions of dollars away from investors each year. I do not think many of us would have ever thought about someone from the SEC engaging in a similar kind of corruption.
A group of emails were made public, which warned about a relationship between the former director William Hinmanand a group with ties to ETH. The SEC is now talking about a Summary Judgment with Ripple and keeping certain emails private. As an XRP holder, I would love nothing more than to see the information inside the emails. However, if those emails could tank the crypto market, I feel that they should be left private.
With Biden placing former Ripple adviser Michael Barr to oversee Federal Regulations, it is safe to say Ripple is here to stay. One must wonder what the future has in store for Ripple and XRP in terms of their place in the United States. After this lawsuit ends, will we see anything happen to Hinman? I am leaning towards no. Since we have little to no real regulation regarding cryptocurrency, it would be hard to do anything to Hinman regarding his interference with XRP.
Many XRP investors that I hear from want to see a class-action lawsuit against Hinman. However, without regulations in place, it will be hard to establish a line between right and wrong. At the end of the day, the lack of clarity was the weapon that brought down the SEC’s case. This case highlights the need for new regulations that shield crypto investors and those who create currency. Yet, it also highlights the need to be more watchful over those interpreting the laws.
With the Mcontent PinkSale underway, the token is once again hitting all-time highs. At this point, Mcontent is now just a few paces away from overtaking Saitama’s price in the crypto world. Reaching this milestone will showcase the third popular token unseated by Mcontent within the last 30 days.
We have talked a lot about token circulation on this blog and what it means regarding price movement. There’s no better example of token circulation being the health of a token than what we are seeing play out right now.
Tokens with large circulation can make it with a clever burn protocol attached to their project. Some people call them hyper burns and others label them active burns. However, they are just smart burns that help to improve tokenomics. Developers must design projects with solid burn foundations that do not necessarily depend on other tokens to stimulate the burn action.
While many investors are eagerly awaiting the price movement of Mcontent to continue, some of us are taking notes. At some point, we will see different branches of cryptology due to tokens like Mcontent. These tokens could very well end up in a curriculum near you. In my opinion, Mcontent will be in future case studies defining how altcoins can move and rise above certain price ranges. Mcontent is going to be very important to the world of crypto.
As always, I am not a financial advisor. Stay safe out in the crypto world.
Tomorrow is the upcoming Ethereum bridge for Mcontent. It will open the door for larger exchanges to list and help to promote the token. With the new addiction taking place tomorrow, investors should keep a close eye on the Mcontent official Twitter page for more details.
Within the last three weeks, Mcontent has been able to pass popular tokens like Shinja and Babydoge in price. This is more than likely due to the number of institutional investors that are entering into the token’s atmosphere. Mcontent will be the first token to offer a Watch2Earn feature which will be approaching Web3 territory.
One of the things that have helped to gain Mcontent a solid pathway to success is its ability to rise above token wars. While the token is silently rising to the top, it isn’t trying to brand itself as a meme token killer. If anything, Mcontent will be a disrupter of the modern-day giants in the production field. This makes Mcontent a token that will alter the way people see movies, pay for movies and spread content across the globe.
Think back to the beginning of Netflix/ Redbox and what those sites meant for stores like Blockbuster and Hollywood videos. They changed the way we got movies and the way we were able to pay for them. Those movies created by streaming companies like Netflix changed the industry as we knew it. They were soon getting nominated for Golden Globes and Oscars. Mcontent will do the same thing for financing content which will open a wide range of production jobs. Do you remember what your thoughts were when you first learned about Netflix?
The Mcontent token is so much more than a token. It is a new business model that can morph into its own global entity. We already see businesses starting to see how they too can implement blockchain into their platforms. With the Ethereum bridge dropping tomorrow we will see a smart contract that is able to bring Mcontent to numerous exchanges. Does that mean that we will see millionaires created within the next twenty-four hours? More than likely not! We will have to get more listings before we see the movement that can potentially reach the stars!
So be ready and realistic about what happens within the next 24 hours. Tomorrow will be a beneficial day for the token because the door will open, and the rewriting of history will begin. As always, I am just a mom with a love for crypto! I am not a financial advisor! Research any token you want to invest in.
Just as Metaverse is gearing up to launch in the exciting world of crypto, we are slowly starting to learn that this Play2earn playground might not be as user-friendly as we hoped.
As of right now, many of the games are still in the developmental stage. If tokens are needed to buy in-game things, it would be perhaps a good idea to own some element of those tokens before the tokens get too out of reach. I have seen tokens range from under a penny to nearly 800 dollars per token. We signed up for updates for Guild of Guardians, Ember Sword, and Big Time! We are still waiting on information for UFo gaming. Metaverse isn’t going to be cheap. Some of these games are going to be a little pricey play with player packs starting at 300 bucks. Minting characters will be another issue for some people because minting can be very expensive depending on the NFT.
As for the giant in the making, Big Time P2E, it features a lot of gaming professionals who worked on games like Overwatch, League of Legends, and WoW. The people who brought you Decentraland also brought you Big Time. We will be exploring when the games are ready to be played and their playability. Will the game be easy to enter, or will it be hard to navigate? We will also be exploring the ease of wallet implementation. Another area we will be looking into is if the play2earn is free vs something that people must pay for.
There are some perks that come with free, but there are also some issues that come with free play such as security features. Normally when games take in revenue the revenue helps to keep the game up and running. So, what exactly falls under free, and what will cost players. We also invested in a hearthstone like game called Shiryo which is yet another game we cannot wait to play. The site looks awesome and super detailed oriented for even the most confused metaverse beginner. To mint one pack of Shiryo, it will cost about 160 bucks. If you are looking to mint 20 packs, it will cost you 1 Eth. You need 6 packs to play the game. If this game is anything like Hearthstone, people will be buying packs on the side as they play.
As always, I will keep you in the know! Thanks for being a reader.