The untimely collapse of FTX and its sister company Alameda has had far-reaching implications on the cryptocurrency market. As investors go back on the drawing board, they may consider assets like Dash 2 Trade (D2T), Trust Wallet (TWT), RobotEra (TARO), Chiliz (CHZ) and Calvaria (RIA). These crypto assets could offer relief from the mess left behind by the FTX debacle.
Canadian Exchange Bitvo Backs Off FTX Acquisition Deal
It appears that no one wants to go through with bailing out the defunct FTX, with Bitvo, a Canadian-based exchange backing out of an earlier agreement to acquire FTX Canada and FTX Trading Ltd.
In a press release sent out on Thursday, the exchange cited a long regulatory process – and that’s why it could not go through with the deal. Bitvo also assured investors and stakeholders that it had no exposure to FTX or any of its affiliated entities and that its operations continue as usual.
Dash 2 Trade (D2T)
Dash 2 Trade is a cryptocurrency ecosystem designed to take your crypto trading to the next level. The platform allows users to create and test trading strategies, while at the same time, tracking the latest news and on-chain data.
With Dash 2 Trade, traders and investors can always stay on top of the market. Having access to timely and accurate data often gives market participants an edge over compared to the rest. Dash 2 Trade can truly impact your market performance by empowering you with focused insight into metrics (on-chain and technical) key to making trading decisions.
D2T is an ERC-20 token on the Ethereum Network dedicated to powering the Dash 2 Trade platform. With this token, users can access crypto analytics, signals and social trading features needed to excel in the market.
Dash 2 Trade is currently in the third stage of its presale and selling for $0.0513. Within a few weeks, the team has raised more than $6.4 million and is close to hitting the set target. The price of D2T will jump to $0.0533 in the next presale stage ahead of its listing on exchanges.
Trust Wallet Price Consolidates Gains
Trust Wallet price spiked to $2.40 after rebounding from support at $1.81, which the 50-day Exponential Moving Average (in red) had reinforced. The token also traded an intraday high of $2.35 on Thursday before retracing to trade at $2.11 at the time of writing.
TWT may keep consolidation between the demand area at $1.81 and the supply area at 2.40 until a breakout occurs either to the upside or downside. A bullish breakout is likely considering the price holds above all the moving averages, including the 50-day EMA (in red), the 100-day EMA (in blue) and the 200 EMA (in purple).
In other news, Trust Wallet, a leading self-custodial and multi-chain wallet provider, has enabled a seamless crypto transfer with Binance Pay and Coinbase Pay. The integrations address several problems Trust Wallet customers, especially beginners experience while transferring cryptocurrency from centralized exchanges.
This is a platform with close similarities with the popular Sandbox crypto project. It also implies that there will be a metaverse with various assets as part of the world. The founders are initially selling TARO, a native crypto token to power the in-world economy. Later they will sell land parcels and robot characters as NFTs.
Players will have access to custom-built tools that can be used to create assets within the game, which means no coding experience would be required when building in the metaverse.
Users can construct assets on their land using the robot NFT as their character in the game. These resources will include TARO mining, developing virtual structures to enhance the landscape, and creating games to be played within these specific geographic locations.
TARO’s presale is underway and selling for $0.020. Within the first two weeks of the presale, the team has raised over $113,000. The price will, however, increase to $0.025 in the next stage.
Chiliz Price Prediction: Assessing the Possibility of a Bullish Move To $0.30
Chiliz price sits on top of strong support provided around $0.22 by three moving averages, including the 50-day EMA (in red), the 100-day EMA (in blue) and the 200-day EMA (in purple).
The optimistic outlook for Chiliz price stems from a buy signal sent by the Moving Average Convergence Divergence (MACD) indicator. The position of this momentum indicator above the mean line (0.00) reveals that buyers have the upper hand. This means that CHZ has not exhausted its uptrend and has the potential to rise to $0.26 (TP-1) and $0.2942 (TP-2), as shown in the chart below.
Calvaria is a crypto project aiming to be a frontrunner in the race to bridge the gap between the “real world” and crypto. It is centered around speeding up crypto adoption via a play-to-earn battle card game.
The team hopes to be competitive within the Web2 gaming market by creating two versions of the game. One game version will be accessible through app stores such as Google Play and Apple Store. In contrast, the play-to-earn version (backed by blockchain functions) will admit all players without the constraining barriers to entry that often scares non-crypto users.
Due to the Calvaria ecosystem’s Decentralized Autonomous Organization (DAO), the RIA token will also support staking. Users can therefore earn extra tokens by simply holding RIA. Calvaria’s presale is 85% complete after raising more than $1.7 million.