Monat: Februar 2023
• SiGMA Eurasia is hosting its third supreme event in Dubai on March 13-16, 2023 at the InterContinental Festival Arena.
• The expo will feature notable speakers such as Jordan Belfort and Gary Vee and provide attendees with opportunities to network with professionals in various industries, learn about the latest technology and innovations, and connect with key decision-makers.
• There will be a Startup Village where delegates can evaluate new market players, plus three startup pitches where business owners can present their ideas to a panel of experts.
SiGMA Eurasia: Third Supreme Event
SiGMA Eurasia will be hosting its third supreme event from March 13-16, 2023 at the InterContinental Festival Arena in Dubai. This event provides attendees with ample opportunities for networking, learning about new technology and innovation, connecting with key decision-makers, gaining knowledge about new markets, and more.
Keynote Speakers
Notable keynote speakers include serial entrepreneur and investor Gary Vee as well as Jordan Belfort (also known as The Wolf of Wall Street). These speakers will address audiences on three stages throughout the event. Furthermore, there will be nightly networking drinks and dinners where people can meet each other to build professional relationships. The closing celebration is also a must-attend event that promises an amazing experience filled with fun activities.
Startup Village & Pitches
The SiGMA Eurasia Dubai expo also features a Startup Village where delegates can discover emerging businesses or evaluate new market players. Additionally, there will be three startup pitches where entrepreneurs can present their ideas to a panel of experts.
CPA Club International Forum
Prior to the commencement of the main expo event, CPA Club International forum has teamed up with SiGMA for hosting a meetup featuring Jordan Belfort himself as one of the speakers at this session. All attendees are welcome to attend this meetup for networking opportunities along with senior government officials and leading experts in their respective fields from all over the world including Gary Vee himself who will be speaking at three different stages during the course of this expo event.
Gala Awards & Support
The Gala Awards is another sought-after feature that aims to support SiGMA Foundation which further benefits educational institutions across Africa through donations made by generous sponsors who have partnered up for this special occasion at SiGMA Eurasia Expo in Dubai 20203 edition.
Cardano Price Rally and Whale Activity
• Cardano (ADA) price has increased by 45% since the beginning of 2023, currently trading at $0.3565.
• Daily whale transactions on the Cardano blockchain network have jumped from 300 transactions per day in January to 1700 per day in February.
• Sharks and whales have accumulated 659.53M ADA coins, equivalent to $235.5M, since the collapse of FTX exchange.
Dormant Coins and Decreasing Active Addresses
The total number of dormant coins on the Cardano blockchain has been increasing, with an average amount of time coins sit in an address ballooning from 267 days to 407 days over the past six months. Additionally, the total number of daily active addresses on Cardano has decreased from 85,000 in November 2022 to 62,000 addresses per day now.
COTI Network Adds Multi-Wallet Support for Djed Stablecoin
COTI Network recently announced that it is adding multi-wallet support for Djed stablecoin which will be supported by wallets such as Flint, GeroWallet, Typhon Wallet, Yeroi Wallet, and NuFi. As a result of this move by COTI Network Djed can become more widely adopted in the broader crypto landscape.
Will ADA Price Explode?
With strong whale activity and multi-wallet support for Djed stablecoin being added by COTI Network investors are wondering if ADA’s price will explode or not? While these developments appear bullish for investors they also need to keep an eye out for other on-chain metrics such as total number of dormant coins and decreasing active addresses before making any investment decisions.
Conclusion
Cardano (ADA) has seen an impressive rally in its price since January 2023 with strong whale activity fuelling it further up. On-chain metrics such as total number of dormant coins and decreasing active addresses need to be monitored closely before making any investment decisions. Meanwhile COTI Network has added multi-wallet support for Djed stablecoin which could potentially boost its adoption rate going forward into 2023.
• LBank Co-Founder Johnason Chan believes a new wave of low-cap altcoins and mid-cap cryptos signify a potential bull market.
• These tokens have seen impressive rallies in their prices, such as Aptos (APT) which increased by 380%, Floki (FLOKI) which rose by 200%, and Highstreet (HIGH) whose price rose 336%.
• Factors driving the bullish sentiment such as Jerome Powell’s indications of possible ‘disinflation’ and the upcoming Bitcoin halving may further contribute to the surge of these assets.
Emerging Bull Market
LBank Co-Founder Johnason Chan believes that a new wave of low-cap altcoins and mid-cap cryptos signals the potential for a bull market in the crypto space. The price of Aptos (APT), native token of layer 1 blockchain Aptos, increased by 380% in 30 days, while Dogecoin spin off FLOKI saw its price jump by more than 200% during this same time period. Metaverse gaming coin HIGH recorded an impressive 336% rally.
Driving Factors
The bullish sentiment is being further driven by factors such as Fed chair Jerome Powell’s indications on possible ‚disinflation‘ and the upcoming Bitcoin halving taking place in 400 days. These developments are likely to attract even more investment into crypto markets going into Q2 2023.
LBank Overview
LBank is one of top crypto exchanges established in 2015 with over 7 million users from more than 210 regions across the world. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. LBank ensures the integrity of users‘ funds and aims to contribute towards global adoption of cryptocurrencies through cutting edge growing platforms.
Star Tokens
The wealth creation stemming from these tokens has attracted attention from investors all around, who now have their eyes set on emerging stars in the altcoin market like FLOKI or HIGH that have seen tremendous performance since their listing at LBank exchange platform.
Conclusion
Johnason Chan concludes that traders should take note of these promising tokens that signal bullish sentiment returning to crypto markets: „Following hints from Jerome Powell on possible ‚disinflation,‘ we believe investors should pay close attention to these tokens as they might be indicative of a larger bull run.“