Cryptocurrency is surging this week. It’s the first big bounce upwards since it’s fall back in June. However, most investors in the cryptocurrency era are newbs and fail to be aware. It’s normal, a historical fact that currency trade markets drop in June & September. The leap forward of 2021 is the only thing investors should focus on. Opportunity is ripe as Amazon’s posted a cryptocurrency job, Safetitan Token for DEFI has their ICO launch on August 14th, and DogeCoin is getting incredibly commercial.
Amazon To Accept Cryptos: BTC, ETH, ADA, BCH, More
The mainstream media spotlight on cryptos has never been bigger. Amazon rumors shocked the world last week, as it was said that the ecommerce goliath would be accepting Bitcoin by the end of 2021. This gave jolt to the cryptocurrency market, sending Bitcoin up to $40K and other major coins paralleling the growth.
According to London-based website City.AM, Amazon would first accept BTC, likely before the “end of the year,” before moving on to at least eight alternative coins including Ethereum (ETH), Cardano (ADA), and Bitcoin Cash (BCH).
This particular ‘insider information’ could not be verified. And since then unfortunately, Jeff Bezos had an amazon representative deny those specific rumors.
“Notwithstanding our interest in the space, the speculation that has ensued around our specific plans for cryptocurrencies is not true,” said the spokesperson.
Nonetheless, there is truth to Amazon looking into developing a way to accept cryptocurrency. Also, the Trillion-dollar valued company is likely to create their own cryptocoin. A job opening for a ‘Digital currency and blockchain lead’ was posted on their official website. The new hire will be responsible for laying the foundation or roadmap to Amazon’s path into crypto industries. This includes distributed ledger, cryptocurrency, blockchain, and Central Bank Digital Currencies (CBDC).
This means Amazon will indeed begin testing with new cryptocurrency technology and brands, or possibly ideas of how to use them, beginning in 2021.
SafeTitan ICO Launch Now August 14th
The China cryptocoin, SafeTitan ($STTN) token, has pushed back their ICO launch to August 14th. Highly anticipated, the publicized 3 phases of the brand make it possible for a crypto super moon shot. Possibly one of the biggest tokens since SafeMoon.
With Binance recently surging past Ethereum in total coin transactions in a day, the new Cryptocurrency is perfectly aligned to smash initial coin offering records.
Safetitan is a BNB-paired token. The founders believe heavily in the Binance blockchain and plan to become one of, if not the most known BEP20 token for decentralized finance (DeFi) loans. The brand also has a major focus on resolving issues of cryptocurrencies of China and Latin America countries. Safetitan will lower gas fees for cross-border payments, which generates major interest from family members helping others in places like Venezuela, Cuba, or Serbia.
By it’s phase 3 of business development, the new cryptocoin suggests it will be more than a token with an usage-based ROI. The China coin is also projected to develop & establish a secondary crypto-loan option. Crypto money that can be loaned out to other users via a secured smart-contract.
This loaning action will happen on the SafeTitan DeFi exchange. This will take time to complete and require user habit studies. Not yet released, it’s in development stages according to STTN token’s official website, SafeTitan.net.
Those looking for a new cryptocurrency ICO to invest in, will need to get registered today via SafeTitan’s website (here). The option to register for the Initial coin offering will end August 9th. STTN tokens will be available for purchase at a rate of $0.005 cents (USD) on the ICO launch date, August 14th.
With cryptos heading upwards currently, this may be one of the last crypto super moon shot opportunities of 2021. At least one for such a low price. The market overall may see a huge surge in October, possibly even September. This will lead to a hike in ICO prices as well.
Historical Data Show June & September Slumps Normal
As people are worried from the price slumps seen since June, real investors are doubling down.
A well-studied investor knows that the months of June and September, always see slumps in business. There’s historical data that proves this going back to 1950 according to Fortune.
This is likely why Amazon Day is held during these months, to help keep their sales numbers up. It creates a buying frenzy that makes their company value look golden, in times of ‘drought.’ However, most brands just don’t worry, they simply plan for the slump.
The reason for these drop-offs are not exactly understood. However, there’s been a lot of different theories given on the topic. Some even August 22nd to September 19th failures are caused by bad spirits roaming the earth, calling it “ghost month.”
Regardless of reasons given, one can plan around the slump and take advantage of the historical data given. It is a great time to buy. The expected rocket upwards for cryptos is the end of September or early October. Though, it could be even earlier, some analysts say. It depends on what happens in the beginning of August..
Mastercards & Visa Crypto Credit Cards
The 2021 year will be one of the biggest years for Cryptocurrency as there’s easier access to tools to spend coins. In particular, Visa is setting up instant-transaction debit cards. All major crypto exchanges have one, ranging from Coinbase to Crypto.com. And Mastercard is launching its “Start Path Programme” to begin building with Crypto Exchanges.
These deals open the door to the potential of billions-of-dollars of newly formed crypto transaction trends being birthed. More bits of coin will be used. More people will be habitually spending.
These billions of dollars of transactions is important because cryptocurrency’s value is based on usability. Once the total supply of coins is in use, people begin to buy ‘bits of a coin.’ And as with anything in high demand, once there’s more bits being desired by cryptocurrency users, the higher the price goes.
Perhaps that’s too technical for some however.
In layman’s terms, everyone wants a piece of the pie. So the algorithm prices the pie slices, based on demand. The more people that want a slice, the higher the price goes for a thinner slice. And this pie is so good, people will do anything for just a small taste. The richest will be the only ones who can have a ‘hunk.’
The reason to invest in cryptocurrency now is not hard to understand. It’s destined to reach astronomical highs as the world becomes more ‘trained’ to use crypto-coins.
BEP20 tokens like SafeTitan ($STTN) are expected to be a critical investment in 3rd quarter 2021. Binance Cryptocurrency is surging at the moment thanks to the market share these BNB-paired tokens have begun taking over.
GameFi and CryptoBlades
According to Binance CEO Changpeng “CZ” Zha, on July 31st, the BinanceSmartChain handled 10-million transactions. This was nearly 10-times the amount Ethereum had that day, 1.2-million transactions. And what’s even more impressive, BSC is ready to handle 20-million transactions daily.
The GameFi craze which has taken off for Binance, has a particularly hot release called “CryptoBlades.” It is rapidly growing and may reach 1-million users soon. In the month of July alone over 621,000 users played and those players are enjoying the benefits of entertainment to the fullest. CryptoBlades is a “Play-to-Earn” game model where users earn profits for gaming.
What’s the purpose of such a game? This is being used to motivate people to buy the Binance BNB cryptocurrency and learn ‘swapping’ for a BEP20 token like SafeTitan ($STTN). A swap exchange like Pancake Swap or ApeSwap would handle the trade.
In game, users will then do things like trade characters or swap weapons. These actions will have BNB gas fees that make trading Binance tokens second nature. It’s cultivating a BEP20 and BNB token culture.
If the GameFI craze continues, Binance and paired tokens could sky-rocket in 3rd or 4th quarter of 2021. Out-doing Ethereum is a major achievement by any blockchain, as ETH is considered the token to surpass Bitcoin.
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