MELANIA Trump launched her very first NFT to help children in need.
The former first lady announced the token’s release on Wednesday and revealed that it is called “Melania’s Vision”.
âI am proud to announce my new NFT business, which embodies my passion for the arts, and will support my continued commitment to children through my Be Best initiative,â Melania said in a statement.
âThrough this new technology-based platform, we will provide children with computer skills, including programming and software development, to thrive once they leave the community of homepage.”
Melania embarked on the latest crypto craze as the value of Bitcoin and Shiba Inu rose in the early hours of Thursday morning.
As of 10:45 a.m. ET, Bitcoin was up more than 3% on CoinBase.
At the same time, Shiba Inu was up 4% on CoinBase.
Read our live cryptocurrency blog for the very latest news and updates …
Goxx’s “decision tunnels”
The amount to trade was determined when Goxx passed through one of the two âdecision tunnelsâ.
Depending on which tunnel he passed through, the amount he would buy or sell in cryptocurrency would change in $ 20 increments.
All data was rigged on a computer that performed real-time transactions on behalf of Goxx.
Crypto-trading hamster, continued
The four-legged financial demon did not carry out the transactions himself, of course.
Instead, Goxx’s business decisions were made inside an âofficeâ equipped with a camera attached to its usual cage.
Every day when he walked into the office, a stream was launched on Twitch and a tweet was sent to his followers letting them know the business had started.
The hamster then ran on an “intention wheel” which chose one of 30 different cryptocurrencies to trade.
The crypto-trading hamster has outperformed the market
A hamster in Germany previously traded cryptocurrencies and consistently outperformed the S&P 500.
The furry animal, called Mr Goxx, had been busy working since June, thanks to a specially adapted cage.
He determined which currencies to buy or sell by running on his wheel or through one of the two tunnels.
Mr. Goxx started trading on June 12 of this year.
The site states that the page is for fun and does not offer financial advice.
Bitcoin Milestone, Part 2
Bitcoin was created in 2009 by an unknown computer genius using the alias Satoshi Nakamoto.
Blockchain.com data on Monday showed that 18.9 million of the possible 20,999,999 9769 Bitcoins had been mined.
This is a milestone that took 12 years to reach.
Experts believe the last Bitcoin will be mined in February 2140.
A Bitcoin is currently worth around $ 47,000.
The value could increase as coins become scarce, experts said.
There is less than 10% of Bitcoin left to mine
Less than 10 percent of Bitcoin remains to be mined as the cryptocurrency reached a milestone on Monday.
Data from Blockchain.com showed that 18.9 million of the possible 21 million virtual coins were mined.
Bitcoin is the world’s first fully virtual currency, and new currency is created through mining, a complex online process that uses computer code.
It’s about using a computer to solve a math problem with a 64-digit solution to create new parts.
For each problem solved, a block of Bitcoin is processed. The miner who is the first to solve the problem is rewarded with a new Bitcoin.
These new coins are then stored virtually through an online database called a blockchain.
The maximum amount of Bitcoin that can exist is 21 million.
Risks of Investing in Cryptos, Part 5
Finally, the truth in Promotional material is a risk in investing in cryptos.
Businesses may overestimate product returns or underestimate the risks involved.
Risks of Investing in Cryptos, Part Four
Another investment risk are charges and fees.
Consumers should take into account the impact of fees and charges on their investment, which may be higher than those of regulated investment products.
Risks of Investing in Cryptos, Part Three
A third risk of investing in cryptocurrencies is product complexity.
The complexity of some crypto-asset related products and services can prevent consumers from understanding the risks.
There is no guarantee that cryptoassets can be converted back to cash.
The conversion of a crypto-asset into cash depends on the existing demand and supply in the market.
Risks of Investing in Cryptos, Part 2
Another investment risk is price volatility.
The significant price volatility of crypto assets, combined with the difficulties inherent in a reliable valuation of crypto assets, puts consumers at high risk of loss.
Risks of investing in cryptocurrencies
We have rounded up five risks of investing in cryptocurrencies.
The first is Consumer protection.
Certain investments announcing high returns based on crypto assets may not be subject to regulation beyond anti-money laundering requirements.
Will the price of Shiba Inu increase?
For Shiba in particular, there has been a fair amount of volatility this year despite the recent increase.
Until October 28, the token hit its last high of $ 0.00003641 on May 11.
It is difficult to predict how the price of Shiba Inu will change in the future due to a large number of factors affecting it.
They include regulatory crackdowns around the world, commentary from prominent figures such as Elon Musk, and other developments.
Shiba Inu Coin, continued
Whether or not you’ve invested before, keep in mind that making money from cryptocurrencies or other investments is never guaranteed, even with a popular product like Shiba Inu.
Cryptocurrencies are particularly volatile, so their values ââcan crash with little or no notice.
What is the Shiba Inu play?
Shiba Inu is a cryptocurrency token that allows users to hold billions of it.
The tokens feature the same Shiba Inu dog as Dogecoin, which has recently gained in popularity.
Major Meme Coins, Part 2
Another dog meme that has gained traction this year is Saitama inu, whose logo appears to represent a wolf circling a human face.
âTokens like Shiba Inu, Dogecoin and the new winner Saitama are all part of the evolution of digital finance in their own way,â said Chris Kline, COO and co-founder of Bitcoin IRA recently.
Separately, Tiger King is a coin based on the popular Netflix series that has gained strong momentum.
The main coins meme
The wave of coins even this year started with Dogecoin.
This was then followed by Shiba Inu, who both feature the same breed of dog in their logos.
The image has become a popular internet meme called a doge, and it features the dog surrounded by text in the no-comic font with words like “a lot wow.”
Both Shiba and Dogecoin have been popular dog coins this year.
What are meme parts?
A meme usually benefits from social media or an internet joke.
It all started with GameStop and AMC earlier this year, when a Reddit mob trolled short sellers by driving up the prices of these stocks.
The memes then spread to cryptocurrencies – and there are now a few major ones today.