• TipTop is a new Web3 app that challenges the market leaders Sweatcoin and STEPN, which hold 77% of the Move-to-Earn market.
• With health and wellbeing apps being the latest trend in Web3, TipTop aims to build a self-sustaining ecosystem by enabling users to mint cryptocurrency by walking.
• TipTop features innovative features promoting an active lifestyle with a healthy dose of gamification and sustainable user value, as well as its own NFT sneaker collection that allows users to mint $TIP tokens.
Move-to-Earn crypto tokens have quickly risen to prominence to attain a $350M market capitalization. TipTop looks to challenge market leaders Sweatcoin and STEPN, which hold 77% of the Move-to-Earn market. Walk-for-crypto Web3 apps have united around 135 million users worldwide.
TipTop is a new entry into the Web3 world with an app for both Android and iOS. With health and wellbeing apps being the latest trend in Web3, TipTop aims to build a self-sustaining ecosystem by enabling users to mint cryptocurrency by walking. It features innovative features promoting an active lifestyle with a healthy dose of gamification and sustainable user value, as well as its own NFT sneaker collection that allows users to mint $TIP tokens.
Despite leading the sphere, STEPN still serves relatively cheap NFT sneakers on Solana (SOL). For instance, the average price of a STEPN NFT sneaker on Magic Eden is 1.99 SOL, which converts to just under $50 at the time of writing. This has given newcomers such as TipTop an opportunity capitalize on this turbulent period in order to gain more traction within their respective markets .
How Does it Work?
TipTop’s customized sneaker NFTs allow users to mint $TIP tokens based on three characteristics ascribed for each pair: Performance –the rate at which the $TIP token is minted during activity; Rarity – how many pairs are available;and Style – appearance of sneakers (e.g., colorway). The higher these scores are per pair, the rarer they become– thus increasing their value over time when they are sold or traded among other users within the platform’s marketplace .
TipTop has entered into an already competitive space but stands out from its competitors due its ability for users not only mine coins but also trade or sell their exclusive sneakers purchased through using its native utility token -$TIP-. The project looks promising so far but will need further development before it can be seen whether it can truly challenge Sweatcoin or STEPN for domination in this sector.
• ATPBot has launched an AI bot for quantitative trading, which uses data and algorithms to reduce human error and increase investment efficiency.
• ATPBot features include cutting-edge algorithms, ready-made strategies, real-time market monitoring, ultra-low management fees and AI trades 24/7.
• With its AI technology, ATPBot can help traders make more profitable trades and achieve their financial goals.
ATPBot is a platform focused on quantitative trading development and services. It implements quantitative trading strategies for investors with the advantages of AI technology that provides efficient and stable solutions. By using data and algorithms to determine the optimum timing and pricing when executing trades, it reduces human error in the process, increasing investment efficiency and stability.
Features of ATPBot
ATPBot features include:
Cutting-edge algorithms that combine multiple factors to find profitable methods through complex data types.
Strategies are ready-made and do not require tuning.
Real-time market monitoring to capture signals and millisecond-level response for quick operations.
Ultra-low management fee: a one-time payment is all that’s required.
All transactions are processed by third-party exchange Binance; ATPBot has no access to user funds.
AI trades 24/7 automatically, allowing users to generate profits even while they sleep.
Benefits of Using ATPBot
By leveraging the advantages of AI, ATPBot can help traders make more profitable trades by providing personalized trading strategy recommendations based on quantitative artificial intelligence analysis. Additionally, deep learning algorithms optimize its trading strategies continually ensuring that they remain effective over time. In this way, ATPBot serves as an intelligent partner that can help users achieve their financial goals.
ATPbot is designed with powerful AI tools to provide high efficiency when it comes to generating successful investments via quantitative trading strategies. With its automated systems capable of analyzing market data in real time as well as extracting valuable insights from news articles or other text based data – it helps users reduce common pitfalls leading up to losses while maximizing profit potentials in a reliable manner.
1) chainwire (March 16th 2023). “ATPbot launches powerful AI quantitave Trading Bot” [Online]. Available at: https://chainwirenews.com/atpbot_launches_powerful_ai_quantitative_trading_bot
The Crypto Market Cap has broken down below $1 Trillion and Bitcoin (BTC) has plummeted to below $20,000 due to several negative news stories in the industry.
Exchanges such as Coinbase and Huobi have experienced a significant decline in value, while lawsuits have been rolled out to Kraken and KuCoin, further adding to the market’s instability.
Over $370 million in liquidations were seen over the past 24 hours, with Bitcoin being the most liquidated at $130 million.
Market Cap Breaks Below $1 Trillion
The Crypto Market Cap has broken down below $1 Trillion after being unable to hold support. Over $300 million has been liquidated due to several developments in the cryptocurrency market. Bitcoin (BTC) has plummeted to below $20,000 on the back of negative news in the industry. The crypto industry is in turmoil as the market cap struggles to find support. Many cryptocurrencies have fallen with it, leading to millions in liquidations.
Negative News Affects Market Performance
The recent downturn in the market can be attributed to a series of negative news stories affecting the sector, including the shutdown of Silvergate and a lawsuit against KuCoin regarding the alleged sale of unregistered securities. These events have had a significant negative impact on the market.
Cryptocurrencies Struggle To Find Support
Market Cap Crashes After Local High The market cap has undergone a downturn since exceeding the $1.04 trillion resistance level on February 21st, breaking below the $945 billion support level on March 9th. The cryptocurrency market has taken a hit recently, with the total crypto market cap and Bitcoin (BTC) dropping significantly due to poor performances of major coins following highly negative news. Exchanges such as Coinbase and Huobi have also experienced a significant decline in value, while lawsuits have been rolled out to Kraken and KuCoin, further adding to the market’s instability.
Looking for Support After Liquidations
The leading digital asset, Bitcoin, has seen its price fall below crucial horizontal support levels, leading to the recent market crash. This decline has significantly impacted
• FTX only had $694 million in liquid assets and a massive net deficit of $8.6 billion.
• Alameda Research borrowed around $9.3 billion from customer accounts.
• John J. Ray III said books and records are incomplete or totally absent.
FTX Reveals Massive Shortfall in Crypto and Fiat Holdings
FTX has revealed a „massive shortfall“ in crypto and fiat currency holdings, with billions in customer funds missing from both FTX and its US subsidiary FTX US. According to the exchange’s balance sheet, there is a net deficit of $8.6 billion, likely due to unchecked borrowing by its sister trading firm Alameda Research. Documents also show that FTX only had $694 million in liquid assets, out of the total $2.2 billion held in exchange wallets and fiat accounts.
Incomplete Books And Records
John J. Ray III, chief restructuring officer and CEO of FTX, has stated that the books and records for both FTX and Alameda Research are incomplete or totally absent due to poor record-keeping practices by prior management. This lack of proper documentation further complicates the process of recovering customer funds lost as a result of this shortfall.
Ties To Wall Street And Prominent Ex-Backers
The collapse of FTX rocked the crypto space to its core, taking several major crypto firms with it including those with ties to Wall Street such as Anthony Scaramucci’s SkyBridge Capital which previously backed Sam Bankman-Fried’s crypto empire before his downfall earlier this year.
Why It Matters: Maximizing Funds For Former Customers
A transparent bankruptcy proceeding is essential for former customers hoping to recover their lost funds from this shortfall situation – which is why it’s important to uncover the facts surrounding this matter quickly and accurately so that everyone involved can be given a fair chance at justice moving forward.
More Reading: Sam Bankman-Fried: Crypto’s Fallen Hero?
For more information on Sam Bankman-Fried’s story, please read our deep dive article into his rise from Wall Street tycoon turned crypto mogul here: Sam Bankman-Fried: Crypto’s Fallen Hero?