Latest COVER Protocol news
Bitcoin Recovers And Tries to Stay Above $30,000 Amid Terra’s Blockchain Halting
Bitcoin (BTC) has moved from close to $26,000 to over $30,000 in recent hours as the virtual currency tries to recover from the most recent crypto crash triggered […]
Dogecoin Stages Sharp Recovery: What's Driving It?
Dogecoin (CRYPTO: DOGE) shot up over 23% to $0.09 over 24 hours leading up to early Friday morning. DOGE recovered alongside other major coins as the global cryptocurrency market cap rose 13.2% to $1.3 trillion at press time. Dogecoin Price Performance Time-frame % Change (+/-) 24-hour 23.6% 24-hour against Bitcoin 10.4% 24-hour against Ethereum 9% 7-day -27.4% 30-day -34.35% YTD performance -46.6% See Also: Best Crypto Debit Cards The DOGE Factors DOGE was seen trending on price-tracking website CoinMarketCap at press time. The meme coin was among the top gainers listed by both CoinMarketCap and CoinGecko The 24-hour trading volume for DOGE fell 19.6% to $2.43 billion at press time, according to CoinMarketCap data DOGE was not among the most mentioned coins on Twitter at press time, according to Cointrendz. Coinglass data indicated that $4.94 million DOGE was liquidated at press time as its price shot up. Dogecoin Recovers DOGE recovered from an intraday low of $0.07 at press time. The cryptocurrency is still down over 27% for the week and has lost over 46% of its value since the year began. DOGE’s RSI stood at 34.12 at press time, according to Trading View. RSI below 30 generally signals buy and over 70 sell. Relief Rally Beyond Expectations On Thursday, cryptocurrency trader Justin Bennett said on Twitter that the relief rally in apex coins would run “beyond most expectations.” Edward Moya of OANDA warned that the rebound “won’t last if risk appetite does not stabilize soon.” Billy Markus Digs Into Tech Bros, Luna Co-Founder On Thursday, Dogecoin co-creator Billy Markus criticized so-called tech bros for being in a bubble. He called Terra (LUNA) co-creator Do Kwon “tech bro of all tech bros.” Markus tweeted that he gets triggered each time he reads about LUNA and Terra USD (UST). The latter losing its peg brought forth the latest cryptocurrency crash. DOGE On The Web Markus highlighted the vagaries of the cryptocurrency market by comparing DOGE/LUNA prices. He said that last week 1 LUNA could trade for 500 DOGE but at present, a single DOGE buys 2.7 LUNA. “This isn’t dunking on terra, it’s an eye-opener that the crypto market can tank in an incredibly short period of time,” said the DOGE co-creator on Twitter. -99.96% in 7 days. last week 1 $LUNA could trade for 500 $DOGE. right now, 1 $DOGE gets you 2.7 $LUNA. this isn’t dunking on terra, it’s an eye opener that the crypto market can tank in an incredibly short period of time. glhf pic.twitter.com/yunAX7DTtW — Shibetoshi Nakamoto (@BillyM2k) May 12, 2022 Dogecoin millionaire Glauber Contessoto said even with DOGE sinking in the recent crash he still has enough funds to purchase a Lamborghini. “I’ll be the coolest guy working at McDonald’s,” said Contessoto on Twitter. Don’t worry guys, with the current price of #Dogecoin I still have enough money to buy a lambo. I’ll be the coolest guy working at McDonald’s lol — SlumDOGE Millionaire (@ProTheDoge) May 13, 2022 A Lamborghini can cost anywhere between $200,000 to $500,000, according to Lamborghini Paramus, a dealership in New Jersey. Read Next: Neither Trump Nor Biden, Elon Musk Wants A 2024 Presidential Candidate Who Isn't '8000 Years Old' © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga•13h
Bitcoin, Ethereum Mount 9% Recovery as Crypto Markets Rebound
As a brutal crypto market sell-off concludes, the price of Bitcoin, Ethereum, and other cryptocurrencies in the top ten have rebounded.
Terra’s LUNA Crashes 95% As Investors Mull Recovery Plan
Terra's Flagship Token is Cratering
The Defiant•2d
About COVER Protocol
This article discusses the current COVER price and the COVER price predictions provided by reliable sources. Can COVER reach a new all-time high in the future? What does the COVER coin technical analysis indicate? Why is it important? What will the COVER price look like in 2021-2025? Is the COVER coin a good investment right now? Let’s dive in and decide for ourselves.
COVER Protocol Real-Time Status
COVER current price, market cap, and volume. These variables are important indicators of the coin’s current market position. All the data, easily accessible via the Real-Time Status widget
Market capitalization is calculated by multiplying the coin’s price with its circulating supply and is used for measuring the value of a cryptocurrency.
Volume indicates the total amount of trades happening at the moment. Experts recommend looking out for a volume to market cap ratio under 1.0.
Catch up with the latest crypto data by using the widget below.
COVER Protocol Technical Analysis
Knowing the principles of technical analysis is essential for making the most accurate price forecasts. Technical analysis is used by professional experts to analyze and predict future price movements. Technical analysts discover previous price movement patterns and compare them to the current figures. By doing that, they make an assumption that the past pattern will occur in the future again, according to key variables. Technical analysis is the best way to make your own price forecast and determine your chances of profiting.
COVER Protocol Price
You can check the COVER price through CoinJoy's crypto portfolio tracker. Choose COVER from the list of coins or type its name in the search bar. Choose the number of coins, time and the date they were purchased. The algorithm will calculate the token price at the time of purchase and convert it to US dollar, based on the current value.
The token can also be added to the Portfolio. Your Portfolio does not only show the current price of the asset but your real-time losses and profits since the purchase as well. It’s a convenient way to track your holdings and always be aware of the token price changes.
How To Buy COVER Protocol
You can choose one or a few ways to purchase COVER. First and foremost, your wallet must support the token. Wallets like Ledger, Coinomo, Trezor support COVER tokens and allow you to store them. Locate the COVER address starting from 0x. Sign up with COVER and purchase the tokens with fiat money or other cryptocurrencies through one of the exchanges: Binance, PancakeSwap, UniSwap.
Purchase as many COVER coins as you want with any supported asset or fiats. However, you will most likely have to pay higher fees.
There are various other exchange services that may support COVER. It is recommended not to keep your coins on the exchange platform for a long time, and instead transfer them to your wallet.
COVER Protocol Price Prediction 2022
We have gathered the latest COVER Protocol price prediction results from some of the most reliable sources, namely Wallet Investor, Trading Beasts, and PricePrediction.net.
Wallet Investor is prominent that COVER Protocol prices will increase, forecasting a potential bullish trend in 2022. According to the website algorithm, investors may be expecting an average of $1.085, with a potential maximum of $1.13925, and a minimum of $0.9765.
Trading Beasts has set the following targets for COVER Protocol in 2022: an average of $40.771, a maximum of $42.80955, and a minimum of $36.6939. Based on the provided data, purchasing COVER Protocol might be a good long-term investment.
COVER Protocol Price Prediction 2023
Similarly, Trading Beasts indicates an average of $64.374, a maximum of $67.5927, and a minimum of $57.9366 for COVER Protocol.
Conclusion
Predicting crypto market is challenging. It is hard to forecast the exact price movement. Before you decide to invest in the cryptocurrency of your choice, we strongly recommend learning more about the coin itself and get familiar with the project's roadmap. Remember to always do your own research.
FAQ
Is COVER Protocol a good investment?
According to the experts' forecasts, COVER Protocol will be a good investment.
Does COVER Protocol Have Potential?
The COVER is already a quite popular cryptocurrency, gradually approaching the new highs on Coinmarketcap's market cap ranking. The project has developed strong partnerships with many giants of the cryptocurrency industry. Since COVER Protocol forecast is positive, It has potential.
How much will COVER Protocol be worth in 2022?
In 2022 the price of COVER is expected to reach $17.42685, based on the forecasting from various sources.
How much will COVER Protocol be worth in 2023?
In 2023 the price of COVER is expected to reach $26.10615, based on the forecasting from various sources.