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The weakening of the US dollar remains a concern for many, as the US dollar index fell to a seven-month low after reaching a 20-year high in September 2022. All dollar rise in second half of 2022 now it has been erased. , since the markets are positioned to the expectation of the action of the US Federal Reserve and its direction in interest rate policies.
Amid this economic uncertainty, one sector that could potentially benefit from a weaker US dollar is the cryptocurrency market. According to Bill Noble, chief technical analyst at Token Metrics, “a weak dollar is a dream scenario for cryptocurrencies.”
He explains that bitcoin and other cryptocurrencies “are a legitimate component of the forex market, and it’s just like any other currency. It goes up when the dollar falls.”
In the meantime, Economic data came in today. that the US economy grew by 2.9% in the fourth quarter of 2022, slightly above the expectation of 2.8%.
While recent economic growth data suggests that a recession may not be imminent, most experts forecast a recession to occur sometime in 2023. As such, it is important for investors to consider steps they can take to protect their assets. investments against further changes in the stock market. volatility.
Noble, for his part, is convinced that US citizens will soon be forced to use Bitcoin as a safe place for your savings, just like in countries like Turkey, Iran, Venezuela and many others that have turned to it in times of hyperinflation or other economic difficulties.
Despite the current dominance of Bitcoin in the crypto economy, a host of other projects are pioneering advanced technologies like DeFi and NFTs. This provides traders with many potential investment opportunities as they look to capitalize on these real world use cases to diversify their portfolios.
If you are looking for promising investments in the space, early sales of upcoming cryptocurrencies may be a solution. Through smart strategies and strategic investments, you can see impressive returns on your investment if invest carefully on the right projects.
Some current cryptocurrencies to consider that have strong teams, investor interest, and high growth potential include MEMAG, FGHT, CCHG, RIA, and TARO.
Meta Masters Guild (MEMAG) to dominate the equality of Web3 games
Ready to revolutionize the mobile gaming industry, Meta Masters Guild (MMG) is featuring an intriguing blockchain-powered Web3 gaming guild and self-contained community. By designing a trusted ecosystem that encourages high-level play, they aim to solve some of the common problems in gaming today.
The MEMAG cryptocurrency rewards players for their efforts, giving them actual ownership of the game assets. In addition, the game’s open economy allows participants to trade items or currency with each other and redeem “gems” for real money or virtual goods within the game. In this way, they are free to barter as they please.
MMG is strongly dedicated to creating a fair and transparent gaming ecosystem for all players, ensuring fair gaming that remains free from any exploitation. To launch their line of games, they are offering Meta Kart Racers, a single player or PVP racing game available on mobile devices.
Crypto investors are snapping up MEMAG tokens rapidly in the pre-sale period and have already generated over $1.4 million in weeks.
Fight Out (FGHT) Fit for growth
Investors are paying close attention to the upcoming Fight Out (FGHT) gym chain and app that is poised to shake up the fitness industry. Through its Move-to-Earn (M2E) program, users can receive REPS tokens to achieve physical goals, with a team of professionals authenticated by CoinSniper.
Fight Out will launch innovative gyms with features like “mirror profiles” and sensors that provide instant feedback during workouts. This innovative concept has attracted an impressive list of ambassadors, including UFC Champions Amanda Ribas, Taila Santos and former WBO Middleweight Champion Savannah Marshall.
Right now, investors have the opportunity to take advantage of bonuses of up to 50% on investments over $50,000 during the pre-sale event. The FGHT token has already gained tremendous interest and raised over $3.48 million through its pre-sale.
C+Charge (CCHG) Sparking Conversation About EV Charging
With an increase in the number of electric vehicles (EVs) on the roads, EV owners face a problem locating convenient charging stations. To facilitate this experience, C+Charge introduces its blockchain-based platform that makes it easy to find working charging stations, along with peer-to-peer payment and reward systems.
C+Charge’s peer-to-peer payment system will provide effortless transactions with instant access to your crypto wallet, eliminating the need for slow traditional payment systems and their expensive fees. C+Charge will also offer real-time transparency during charging, giving users an overview of costs before committing.
C+Charge has strategically partnered with Flowcarbon, allowing users to access tokenized carbon credits through Goodness Nature Token ($GNT). This makes purchasing carbon credits more accessible and encourages drivers to transition from gasoline-powered vehicles to electric cars, which translates into lower emissions.
In addition, C+Charge also provides solutions for building managers who want to monitor the energy consumption of each EV on their property, an incentive that is sure to motivate homeowners and businesses to invest in charging stations.
Investors can currently purchase C+Charge tokens at a special initial fee of just $0.013 USDT per token before the pre-sale progresses to higher stages with three different periods, ultimately culminating in a price of $0.02350 per token.
Calvaria (RIA): Duels of Eternity changing the game Web3
Calvaria: Duels of Eternity is set to shake up the battle card game industry with its next release, Duels of Eternity. This blockchain-based game has been designed with strategic gameplay, NFT-based resources, and the ambition to build an economy beyond the gaming world in mind.
Players joining the Web3 space will find it easy to access a variety of benefits unique to this title and use the blockchain to securely store their in-game resources. The $RIA token plays a crucial role in transactions within the in-game economy and in interacting with its mechanics.
What makes Calvaria: DoE stand out is its focus on fostering creative strategies as players duel opponents in highly strategic 3D player vs. player battles. There are different cards, factions, and decks available so players have multiple options when it comes to technique and approach. Wins come with rewards in the form of tokens that can be used to purchase additional cards or trade with other players.
The project’s pre-sale is nearing completion and it has already raised over $2.97 million toward its $3 million goal, so investors looking to take a position should check out the pre-sale immediately.
RobotEra (TARO) enters the metaverse era
RobotEra (TARO) is ready to lead the metaverse It was with an upcoming metaverse building game, which has already generated a lot of attention from crypto whales and the large Web3 gaming community with its soon to be released game.
What makes RobotEra stand out among other metaverse building games is its easy-to-navigate user interface, which allows players to build and customize their robots and their environment even without any prior programming knowledge. As an additional source of in-game monetization, players will have the opportunity to rent advertising space or host events with admission fees.
The developers at RobotEra are also developing a unique combination of virtual and augmented reality elements in the game, transporting players into a technologically advanced world. metaverse where they can merge the creativity of Minecraft with the futuristic robotic world of Taro.
RobotEra is designed to be accessible to all skill levels, ensuring that everyone has the opportunity to join in rebuilding the world of Taro’s metaverse. Also, NFTs they are also incorporated into the game, allowing players to own land, as well as any buildings, items, or robots created within it.
In particular, TARO, the game’s main currency, can be mined by players who wish to participate in creating innovative games on designated sections of their land. While engaging in this dynamic virtual world, players can earn rewards and freely socialize without worrying about losing their progress; they can simply pick up where they left off by re-entering Taro’s realm and continue building.
The token pre-sale for RobotEra has been met with great enthusiasm by investors, raising $761K so far.
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