Get started

Nonfungibletoken

LRC Looks prime to test previous ATH ($2.51)Good afternoon traders! Just a little bit of fibonacci levels here, LRC is currently presenting a potential bull flag following the breakout of the falling wedge. Stop loss is set just a few percent below the 0 level, with my average entry at 1.073. A solid entry point seems to be a close on the 15m above this current fib level, with adequate volume and momentum. Looking to see Loopring push up to it's previous ATH being $2.51 with the GameStop NFT marketplace news expected to drop shortly. I currently don't have any targets if/when we break ATH, I want to see how it plays out. Good luck traders!
COINBASE:LRCUSDLong
by fayedfinance
$CHR/BTC 3D (Binance Spot) Falling wedge near breakoutChromia is holding above 100EMA support and looks ready for another bull-run! More information about that NFT patform, also a DeFi / BSC token on chromia.com Current Price= 0.00000592 Buy Entry= 0.00000590 - 0.00000536 Take Profit= 0.00000785 | 0.00000946 | 0.00001129 Stop Loss= 0.00000452 Risk/Reward= 1:2 | 1:3.45 | 1:5.1 Expected Profit= +39.43% | +68.03% | +100.53% Possible Loss= -19.72% Fib. Retracement= 0.382 | 0.618 | 0.883 Margin Leverage= 1x Estimated Gain-time= 5 months
Long
by TradingOn
NFTs and Private Clubs for SHIB - Social Spaces for Crypto CoinsWhat’s fueling the rise of SHIB? There’s some evidence that they’re engaged in a marketing blitz right now, which is fueling the dramatic price increase we’ve been seeing in the last few days. Will it last, though, is the question. (Video version below, btw.) I took a dive into Shiba Token’s websites and announcements, looking for something resembling an actual product. Their NFT-based “social club” was the closest thing I could find -- basically using a SHIB-based NFT as a “ticket” of admission to their own “private clubs”. (Hence the fancy top hat and suit -- and developing a smoking habit too, apparently, lol.) Crypto Apes and a few other NFT projects out there have done similar things, with much success -- people seem to like hanging out with like-minded folks, apparently. shiboshis.shibaswap.com Regardless of what you think of the project itself, I do think that the fact that even SHIB is getting into the “NFT as a social signal” market shows that this is probably where crypto will be moving towards in the near future. It’s often not about the NFT itself (NFT of a rock? Who cares?) but what the act of buying something signals to the rest of the world (I am someone with an ironic sense of humor -- let’s hang out!). Best not to take this market too literally, imo. So, what does this mean for projects like Dogecoin, who’s probably feeling the pressure right now? One thing DOGE fans don’t like to talk about is the fact that their coin’s main selling point (stable, useful) actually runs counter to the idea of their coin “mooning”, making everyone rich. It doesn’t seem like they’ve come to terms with that, yet. But they do have the advantage of having a strong community backing with real developer support, so the upcoming DOGE-ETH bridge and DOGE-based meme-NFT markets could be their saving grace. In my opinion, what will “save” DOGE from falling into obscurity is the community support behind DOGE-minted NFTs, which will be very tough for other coins to compete with since the energy behind it won’t even be close. But the way for DOGE fans to get rich off of this stuff would be through the NFT market, not the coin itself. SHIB itself is pretty clear that it's a coin made for speculation -- whereas DOGE has taken the nobler route of making a coin that might actually be useful for people to use. You can't have it both ways, though, and we're going to see this dynamic play out internally as the two coins start to compete with each other.
COINBASE:SHIBUSD
by RyanTanaka
3
Phantasma the little gem that started to shineSOUL recently got a new USDT pair on Kucoin and essentially since then it has started a pretty serious strong trend. In USD terms it perfectly retest the 0.3 level which was a key breakout level and bounced really hard. The coins that have bounced the hardest after a big dip are usually the ones that do the best in the next few days / weeks. Phantasma has had this perfect accumulation in BTC terms for so long and is definitely still somewhat cheap or fairly priced vs BTC. In my opinion its chart looks a bit like DERO, DAG and several other Kucoin gems, however its at the early stages before a mega pump. It's super clean and super strong, a perfect accumulation chart. It is also an NFT related coin/token that hasn't had a huge pump yet and is one of the very few that didn't crash badly in this correction. In my opinion NFT related tokens still have a lot of potential although they might take the backseat for a bit longer, but some of these coins/tokens will do very well and SOUL is on of them.
Long
by BitcoinMacro
$VIDT/BTC 1D (Binance Spot) Descending wedge breakout and retestVIDT Datalink looks really bottomed here and ready for reversal after that bullish breakout! Also, it's a Collectibles & NFTs project, working on Binance Smart Chain and Fantom Ecosystem. Current Price= 0.00001077 Buy Entry= 0.00001080 - 0.00000984 Take Profit= 0.00001331 | 0.00001583 | 0.00001991 Stop Loss= 0.00000792 Risk/Reward= 1:1.25 | 1:2.3 | 1:4 Expected Profit= +28.97% | +53.39% | 92.93% Possible Loss= -23.26% Fib. Retracement= 0.236 | 0.382 | 0.618 Margin Leverage= 1x Estimated Gain-time= 2.5 months
Long
by TradingOn
7
$CHR/BTC 4h (Binance Spot) Falling wedge near breakoutChromia has formed a bullish pattern and looks ready to break-it, but we may see a last pull-back to 100EMA first. Current Price= 0.00000871 Buy Entry= 0.00000838 - 0.00000806 Take Profit= 0.00000926 | 0.00001012 | 0.00001132 Stop Loss= 0.00000739 Risk/Reward= 1:1.25 | 1:2.29 | 1:3.73 Expected Profit= +12.65% | +23.11% | +37.71% Possible Loss= -10.10% Fib. Retracement= 0.618 | 0.893 | 1.272 Margin Leverage= 1x | 2x Estimated Gain-time= 2 weeks
Long
by TradingOn
$ALICE/BTC 4h (Binance Spot) Falling wedge breakoutMy Neighbor Alice broke-out bullish again and seems to be ready to push higher short-term. If you want to give Margin trading a try, 2x would be the max recommended leverage here! Current Price= 0.00034405 Buy Entry= 0.00034133 - 0.00032171 Take Profit= 0.00037489 | 0.00041726 | 0.00045456 Stop Loss= 0.00029669 Risk/Reward= 1:1.25 | 1:2.46 | 1:3.53 Expected Profit= +13.08% | +25.86% | +37.11% Possible Loss= -10.51% Fib. Retracement= 0.618 | 0.893 | 1.117 Margin Leverage= 1x Estimated Gain-time= 10 days
Long
by TradingOn
APENFT Breaking OutLooks like NFT token is finally breaking out from this range and could see much higher prices from here. Min target is around 0.0000034 but this could potentially go as high as all time high as the NFT craze continues to grip the market. Fundamentally, the NFT token is a governance token that governs the APENFT fund which is a fund that purchases high value NFTs, the fund currently holds works from Picasso, Warhol, and Beeple and this collection will continue to expand in the future.
Long
by Intuit
1
$AXS/USDT 12h (Binance Futures) Rising wedge near resistanceAxie Infinity is hyped as hell and went parabolic leading the Non Fungible Token (NFT) market. But it seems to be forming a bearish pattern approaching its end, that could send it to a 20EMA retest! But this is not necessarily topped yet and a last leg-up is likely to short squeeze first, better wait for entries. Current Price= 26.510 Sell Entry = 29.552 - 31.888 Take Profit= 22.833 | 18.580 | 13.316 Stop Loss= 37.054 Risk/Reward= 1:1.25 | 1:1.92 | 1:2.75 Expected Profit= +25.67% | +39.52% | +56.65% Possible Loss= -20.52% Fib. Retracement= 0.236 | 0.382 | 0.618 Margin Leverage= 1x Estimated Gain-time= 2 weeks
Short
by TradingOn
ENJ - Well Oiled Enjin - In a Pit Stop before Taking off!Hello Traders, Take a look at the accumulation happening on Enjin. It's been holding and hovering the 50 EMA/ 4HR since March 26th, slowly climbing. NFT's have taken a short breather but over the next 30-days, we should see another strong climb to the upside, presenting some serious potential with any of the bugger NFT projects you can buy into. ENJ is giving us a good chance to DCA some of our purchase orders in. If you can buy-in from the current price down to $2.33, you should be good to hold for the next couple of weeks to realize gains. Good luck!
BITTREX:ENJUSDLong
by MarkStPeter
5
NFTs (non-fungible tokens) ARE HOT!NFTs are a relatively new technology that make it possible for anyone to truly own digital content such as items in video games, digital works of art, music, videos, etc. These assets are "non-fungible," meaning they can't be replaced or exchanged with an identical asset of the same value. Every NFT is one of a kind. Only one person can own a specific NFT at one time. NFTs can be traded on a marketplace, and each NFT's transaction history is recorded on a blockchain. This could revolutionize so many industries. Photographers, musicians, digital artists, content creators, and writers could tokenize all of their work and no longer worry about people stealing their intellectual property. For example, if an artist wants his/her drawing to be extremely rare, he/she can choose to make only 5 copies in existence. Or think about how much the music industry has suffered since the Internet found its way into every household. NFTS could make it possible for musicians to receive royalties every time their songs are played or shared. And don't even get me started on the video game industry. For example, imagine if every item in Fortnite was tokenized. The developers could release a rare skin, say.. 10 in existence, and the scarcity alone would give it insane monetary value. Then what if the players could trade their skins, emotes, or whatever. Being able to earn or find rare items in video games would be a huge incentive for so many gamers. The possibilities are endless with blockchain technology. NFTs are super exciting, and that brings me to this little stock right here. YVR has a really small market cap compared to other companies involved with NFTs, so it has lots of room to grow. If you look at the chart, there are many bullish indicators which I've already demonstrated. In my opinion, this is just the beginning of the NFT craze, and if you're looking to get in, YVR looks to have one of the best risk/reward ratios compared the the others. If it successfully retests the old resistance as new support, I'd buy as much as I can if I were you.
YLong
by CLAIR_V0YANT
5
Taking profit from NFT? 🕵️Digital art is experiencing a renaissance. Therefore, in this idea, I have provided all the information needed to start making and selling our art in the form of NFT (non-fungible tokens) on blockchain. -- What is NFT? -- NFT is for Non-Fungible Token, something like Certificate of Authenticity. In real life, classic artwork and valuable, historical artifacts are often sold at auction with receipts indicating the object's authenticity. NFT does the same thing for digital items. They certify uniqueness in GIF, JPEG, MP3 and any other format. This technology creates a new kind of ownership for digital files that wasn't previously possible. NFTs can be bought, acquired, or sold, and even destroyed as physical objects. The process of converting your work to NFT is called " Minting ", which refers to the process of creating a new blockchain coin and will forever be attached to that content, such as your image file. Artists multiply the internal NFT by adding an internal commission to the token (usually 10 to 30%). Whenever their work is resold, they are entitled to this commission. -- Is it possible for my work to be converted into NFT? -- Perhaps, we live in the Wild West of the NFTs and anything is possible. Digital arts, songs, memes, recipes and even startups are now on the list of NFT stores. Currently, there are very few restrictive rules on what can be converted to NFT. -- What does it take to start building NFT? -- You do not need to know enough about cryptocurrencies to build NFT, you only need some tools, such as Crypto Wallet and some Ethereum . -- How to connect wallet to NFT market? -- Once you have your wallet ready and you have bought some Ethereum, it is time to choose the store where you want to build and sell NFT. Recommended for beginners working on the Rarible website ; Because it offers the easiest way. To connect the wallet to the rebel, first go to this website and click Connect from the right corner of the page. On the next screen, select WalletConnect if you use Rainbow or Metamorphosis, and click WalletLink if you are using Coinbase. Many other wallets use this option and it is worth checking out these options to choose the preferred wallet. It does not matter what wallet you use; Because the next step is the same. After selecting the connection option, a QR code is displayed on the screen. Scan this code using your Wallet app. After scanning, confirm the wallet connection to Rarible. Because this connection is secure, Rarible forces you to confirm your purchases after each transaction. Once your wallet is connected, your Rarible account will be created immediately. Now you have all the tools you need to build, mint and sell your first NFT. -- Where to sell my NFT? -- The more news there are about NFT, the more stores will be created. Here's a list of huge digital stores for NFT: Zora: Zora is a store built on the idea that content creators should take control of their work from the main platforms. Zora allows creators to mint images, videos, audio files and even plain text documents. Currently, this store allows pre-invited creators to operate. Rarible: Rarible is one of the most popular websites for creators and collectors who want to enter the NFT world. Uploading content and building NFT on this website is as easy as posting a video on YouTube. In a market full of websites that can only be operated by pre-invitation, Rarible is one of the NFT destinations that allows new developers to sell their work from the moment of registration. However, due to this freedom of action, it is necessary to change the copyright and content control laws on this website. SuperRare: SuperRare is an NFT‌ store for digital artists. You will not find memes or text posts or simple sound effects for sale here. The Super Rear series is very organized, new works are placed on this platform at a slower speed. Searching in SuperRear is like stepping into a specialized digital gallery. NFT works on this website are a reflection of thousands of hours of artist effort, with prices sometimes rising sharply and new builders being accepted only upon request. Nifty Gateway: Nifty Gateway is an NFT store that focuses exclusively on collectibles. Nifty works with prominent artists and musicians such as Grimes and Justin Roiland to release limited edition collections of NFTs. Nifty Gateway is one of the main NFT websites that separates itself from other digital retailers on the list by accepting credit cards. Like SuperRre, art works are often very expensive, and new artists must apply to this website before they can post their work. OpenSea: OpenSea is one of the first NFT stores and a huge library of content at various prices, including digital art and 3D collections and in-game video items. This website is one of the most accessible websites for NFT novices and offers a great experience in searching for pieces of art. -- How to create NFT? -- There is no specific technique for making pieces of art that can be converted to NFT. If the store supports the file format you created, then you can convert it to NFT. This creates a new world for content that can be turned into money. Any image and file in TXT, JPG, PNG, MP3 or GIF formats can be converted to NFT on Zora or Rebell. Have you made a great meme or written a recipe for a delicious meal in TXT format? Well, it can be converted to NFT. If this idea, helped you to get to know about NFT more, don't forget to hit the like button and leave comment. That will be a great motivation for me folks..
Editors' picks
Education
by ArshiaZojaji
195