How far can AAVE and XTZ climb after Robinhood Markets listing?

Trading application Robinhood Markets added support for two new cryptocurrencies on their platform, including Aave (AAVE/USD) and Tezos (XTZ/USD).

Aave is essentially a decentralized finance (DeFi) protocol that allows users the ability to lend cryptocurrencies for interest while also providing them with the opportunity to borrow crypto and real-world assets, forming a decentralized lending system.

Tezos is an open-source platform that is purpose-built to enable the creation of decentralized applications (dApps) as well as other types of assets.

In the latest crypto news, Robinhood took to Twitter and posted an update on October 24, 2022.

They essentially announced that Aave and Tezos became listed on Robinhood. 

What this essentially means is that any user on the platform now has the ability to buy and sell the tokens on the platform.

The announcement also linked to a web page that showcased that the cryptocurrencies are indeed listed. 

Both of these projects have native cryptocurrencies, which have a market capitalization of over $1 billion. 

The question on investors’ minds is how far these cryptocurrencies can now grow post-listing.

On October 25, 2022, Aave (AAVE) had a value of $82.94.

AAVE/USD Chart by Tradingview.

The all-time high of the AAVE cryptocurrency was on May 18, 2021, at a value of $661.69.

Here we can see that at its all-time high, AAVE was $578.75 higher in value or by 697%.

When we go over the 7-day performance of the cryptocurrency, Aave (AAVE) had its low point of value at $78.60, while its high point of value was at $89.41. Here we can see an increase of $10.81 or 13%.

However, when we take a look at its 24-hour performance, the low point was at $82.83, while the high point was at $88.69. This marked another increase of $5.86 or 7%.

With this in mind, we can expect Aave to reach $90 in value by the end of October, which means that investors might want to buy AAVE.

On October 25, 2022, Tezos (XTZ) had a value of $1.359.

XTZ/USD Chart by Tradingview. 

The all-time high of Tezos (XTZ) was reached on October 4, 2021, when the token climbed to a value of $9.12. Here we can see that at its all-time high, XTZ was $7.761 higher in value or by 571%.

In terms of its 7-day performance, the low point was at $1.30, while the high point was at $1.40. Here we can see an increase of $0.1 or by 8%.

When we go over the 24-hour performance, the low point was at $1.34, while the high point was at $1.39. This marked another increase of $0.05 or by 4%.

With this in mind, at $1.359, investors might want to buy XTZ as it can climb to $1.8 by the end of October 2022.

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How far can MATIC climb as Polygon works with Shopping.io to integrate it for payments?

Polygon has begun working with Shopping.io as a means of integrating the MATIC cryptocurrency as a form of payment on the platform.

Polygon (MATIC/USD) is essentially a platform purpose-built to scale Ethereum (ETH/USD) and provide an infrastructure on top of which developers can create numerous decentralized applications (dApps). 

It features the Polygon SDK, which is a modular and flexible framework that powers the growth of Decentralized Finance (DeFi), where anyone can create optimistic rollup chains, ZK rollup chains, and standalone chains.

Polygon stands out due to the fact that it offers quick transactions and low fees whilst also maintaining the ability of smart contract creation, dApps and games. 

In the latest Polygon news, on October 4, 2022, Shopping.io made an official announcement that they will be integrating MATIC as a form of payment on the platform.

Additionally, with this launch, they will also offer a 2% discount for the first 30 days as well as free shipping for the first 7 days with every use of the cryptocurrency.

From October 4, MATIC will be added to Shopping.io’s payment processor, known as Shopping Pay, and this will, in turn, allow holders to purchase goods through the utilization of the biggest retailers.

Some of the most well-known retailers that can be used include Amazon, eBay, Walmart, and Home Depot.

This integration will offer MATIC a higher level of utility outside of its own blockchain and provide the token with another level of intrinsic value.

This means that we can expect the MATIC cryptocurrency to increase in value going forward.

On October 5, 2022, Polygon (MATIC) had a value of $0.8298.

MATIC/USD Chart by Tradingview.

The all-time high of Polygon (MATIC) was on December 27, 2021, at a value of $2.92. Here we can see that at its all-time high, MATIC was trading $2.0902 higher in value or by 252%.

When we go over its performance throughout the week, Polygon (MATIC) had its low point of value at $0.724419, while its high point of value was at $0.844798. This marked an increase in value of $0.120379, or 16%.

In terms of the 24-hour performance, Polygon (MATIC) had its low point at $0.825235 and its high at $0.844798. Here we can see an increase of $0.019563 or 2%.

With this in mind, investors might be interested in buying MATIC as it can climb to $1 by the end of October 2022.

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The original token of the Terra Ecosystem LUNC is gaining momentum, how far can it climb?

Terra Luna Classic (LUNC/USD) is essentially the original token of the Terra Ecosystem, that originally featured the ticker symbol known as “LUNA” but was over time changed to LUNC (Luna Classic) due to the fact that there was a launch of the new Terra chain.

Terra Luna Classic utilizes the original code of the Terra ecosystem, and its development, as well as governance, is community-run. In any case, Terra left a huge mark within the DeFi space.

Throughout the past few days, the LUNC cryptocurrency has seen an increase in value, which has been fueled by anticipation for the new token burn mechanism.

We previously covered how this new mechanism will burn LUNC tokens through additional swap fees.

1.2% of the transaction volume from token swaps will be burnt, and this burning mechanism will be applied to on-chain swaps, as well as major exchanges.

Binance, KuCoin as well as other exchanges are rumored to support the burn. 

#KuCoin Will Support the Terra Classic $LUNC Network Upgrade

This feature is expected to go live following the Terra 1.2 ecosystem upgrade, which will go live at some point throughout September 12, 2022. 

9/ This feature will kick in following the Terra 1.2 ecosystem update, expected to go live around the 12th of September.

But, how will this affect $LUNC's supply?

This can potentially increase the value of the LUNC cryptocurrency, and we are going to go over its history to figure out how much. 

On September 7, 2022, Terra Luna Classic (LUNC) had a value of $0.00035.

Looking at Terra Luna Classic (LUNC)’s all-time high point of value, LUNC reached $$119.18 on April 5, 2022. 

When we go over the performance of the Terra Luna Classic (LUNC) cryptocurrency throughout the previous month,  we can see that LUNC’s lowest point of value was on August 20, 2022, at a value of $0.00008664. 

Its highest point of value, however, was on August 31 at a value of $0.0002183.

Here we can see an increase in value of $0.00013166 or by 152%.

From August 31 to September 7, LUNC has grown in value by $0.0001317 or by 60%.

With all of this in mind, if investors are curious about where to buy  Terra Luna Classic (LUNC), they can do so here.

The  Terra Luna Classic (LUNC) cryptocurrency can climb to $0.0006 by the end of September 2022, making it a solid cryptocurrency to buy.

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Ethereum price analysis ahead of “The Merge”: how far can ETH climb?

Ethereum (ETH/USD) is the second largest cryptocurrency in terms of market capitalization and one of the largest blockchain networks in terms of decentralized application (dApp) development.

In fact, Ethereum became the home to some of the most popular and most valuable non-fungible tokens (NFTs), which utilized its technology and smart contracts to get minted.

All of this has contributed to its overall growth. However, Ethereum is undertaking one of its largest network upgrades yet, in the form of “The Merge.”

On August 24, 2022, the Ethereum Foundation Blog posted the “Mainnet Merge Announcement” article.

In the article, they claim that “The Merge” has to be first activated on the Beacon Chain with the Bellatrix upgrade.

Following this, the Proof-of-Work (PoW) chain will migrate to Proof-of-Stake (PoS) when it hits a specific Total Difficulty Value.

With that in mind, according to the blog post, the Bellatrix upgrade is scheduled for epoch 144896 on the Beacon Chain at 11:34:47am UTC on September 6, 2022.

Alongside this, the Terminal Total Difficulty value triggering The Merge is 58750000000000000000000, expected between September 10 to September 20, 2022.

The Kiln testnet is also being sunset, where Operators will shut down on September 6, 2022.

Let’s find out how far Ethereum can climb before “The Merge” happens and how this can affect its overall value.

On August 25, 2022, Ethereum (ETH) had a value of $1,708.70.

The all-time high of the Ethereum (ETH) cryptocurrency was on November 10, 2021, when it reached a value of $4,878.26. Here we can see that at its all-time high, the cryptocurrency was $3,169.56 higher in value or by 185%.

When we go over its performance throughout July, we can see that Ethereum (ETH) had its lowest point of value on July 13 at $1,026.84.

Its highest point was on July 28 at $1,756.23. Here, we can see an increase in its value by $729.39 or by 71%.

With this in mind, we can expect the Ethereum (ETH) cryptocurrency to climb to $1,900 in value by the end of August 2022, and before “The Merge,” which means that investors might want to buy ETH to get the most out of it.

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Terra Luna Drops 20%, While Symbol Token Climbs on Friday – Market Updates Bitcoin News

Terra (Luna) was one of this week’s biggest crypto losers, falling by as much as 20% during Friday’s session. Declines in terra came as cosmos (ATOM) also had a double-digit decline. Biggest gainers Although crypto markets were mainly trading in the red, symbol (XYM) was one of the rare exceptions to climb higher today. XYM […]

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Crypto market outlook: Bulls flex muscles as Bitcoin (BTC) climbs above $27K

Crypto bulls ride bullish waves today (Thursday), painting charts green. That follows enhanced sentiment on the United States debt ceiling negotiations progress. Cryptocurrency prices have soared on a daily scale. source – coinmarketcap Bitcoin gained around 2% over the past day, trading at $27,366.51 during this writing. The asset’s 24hr volume increased by 23.27% in …

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