TradeDog-Research

TradeDog-Research

On the Daily Time Frame, BTC has formed a Head & Shoulder Pattern with the neckline present at ~$44.3K. While it has broken down from the trendline, the further movement would largely depend on whether the price would continue its downward journey or it may also exhibit a breakdown failure at the current levels. While it has formed indecision candles for the...

TradeDog-Research

BTC witnessed a volatile last week as it traded in a range of $44,000 to $49,000, it faced strong selling pressure at the higher levels which triggered the downside rally. However, it closed the weekly candle in the green territory and formed a Doji kind of a candlestick pattern. Crypto markets started this week with negative sentiments as the top crypto assets...

TradeDog-Research

LUNA is the reserve currency of the Terra platform. As the Terra protocol is a Proof of Stake (PoS) based blockchain wherein the miners are required to stake their Luna tokens in order to mine transactions. As the probability of a validator being able to mine the next Terra block is directly proportional to the staked Luna tokens, thereby, Luna holds key...

TradeDog-Research

Elrond presents itself as a Scalable blockchain solution that leverages the sharding technique to offer extremely fast transaction speeds. It has developed Maiar- a digital wallet and global payments app with the aim to redefine how we interact with money by allowing easy yet secured accessibility and exchange of your digital assets. By Sep 6, 733K accounts have...

TradeDog-Research

My Neighbour Alice is a blockchain-based multiplayer builder game that allows players to buy, own and develop virtual lands on the platform leveraging NFTs. My Neighbor Alice has launched the Pre-Alpha version for playtesting on Aug 31 which would ultimately be a milestone in the development of the NFT platform while the overwhelming response from the community...

TradeDog-Research

Polkadot is currently in the Parachain Rollout (Final) phase of its Blockchain development. As parachains get tested and optimized on parachain testnet and Kusama, Polkadot governance can rollout parachain slot lease auctions. As the parachains get live on the network, Polkadot will be officially launched. Polkadot has been conducting various webinars to spread...

TradeDog-Research

Origin Protocol is built with the vision to bring NFTs and DeFi to the masses. The protocol is backed by some prominent institutional investors such as Blockchain.com Ventures, Hashed and Pantera Capital. The team includes serial entrepreneurs- Founder of PayPal, early employees at YouTube, and engineering managers at Google and Dropbox. The expertise of the team...

TradeDog-Research

As per the data provided by DeFiLlama, PancakeSwap has retained the second spot amongst the DEX and has locked in $6.4B in its protocol. Total Liquidity in the protocol has gained 30% in the past 1 month which lies in tandem with the current Bull rally in its native token. The support to the lower side is present at $20 while it may face resistance at the...

TradeDog-Research

My Neighbour Alice is a blockchain-based multiplayer builder game that allows players to buy, own and develop virtual lands on the platform leveraging NFTs. My Neighbor Alice is set to launch the Pre-Alpha version for playtesting on Aug 31 which would ultimately be a milestone in the development of the NFT platform and could potentially surge the price of its...

TradeDog-Research

Alpha Homora has retained the 6th spot in the list of lending protocols as per the data provided by DeFiPulse. At the time of writing, Alpha has locked in value worth $1.2 Bn in its protocol. In the last 30 days, TVL in the protocol has increased by 20%, while year-to-date, TVL in the Alpha protocol has increased by 6.36x, from $188.5 million on January 1 to...

TradeDog-Research

Polkadot is currently in the Parachain Rollout (Final) phase of its Blockchain development. As parachains get tested and optimized on parachain testnet and Kusama, Polkadot governance can rollout parachain slot lease auctions. As the parachains get live on the network, Polkadot will be officially launched. 6 parachains have been deployed on Kusama to battle...

TradeDog-Research

With Cardano at the cusp to enter into the Goguen era with the implementation of Alonzo Purple , it marked the deployment of the first fully public Cardano testnet that supports the smart contract functionality. With the tentative launch of Cardano mainnet by the end of August/early September, Cardano’s infrastructure will provide the groundwork for the...

TradeDog-Research

VulcanForged is one of the fastest-growing blockchain gaming platforms. It offers access to 8 games under a single roof. They have recently released an NFT marketplace and a DEX for the exchange of in-built assets. As their native token- PYR powers the ecosystem, this makes the PYR token undervalued and can be considered as the Hidden gem for the gaming ecosystem....

TradeDog-Research

On the year-to-date basis (Jan 1- August 13, 2021), it has yielded gains of ~73x, while this also takes into account the disastrous crash in the month of May. Polygon (formerly known as Matic), is the ultimate torchbearer of the Payments sector in the DeFi ecosystem. In the last 90 days, the Total Value Locked on Polygon has drastically increased from ~$2.44 Bn...

TradeDog-Research

Elrond presents itself as a Scalable blockchain solution that leverages the Sharding technique to offer extremely fast transaction speeds. It has developed Maiar- a digital wallet and global payments app with the aim to redefine how we interact with money by allowing easy yet secured accessibility and exchange of your digital assets. By June 2021, Maiar has bagged...

TradeDog-Research

Sushiswap is a DEX protocol that has retained its position among the top 3 DEX platforms in terms of Total Value Locked. Sushiswap has been able to whitewash its notorious image created due to its anonymous founder, Chef Nomi decided to trade all the ETH held in the development fund worth ~$13 Million on Sep 5, 2020, which ultimately tanked the Sushi prices by...

TradeDog-Research

Chiliz, the fan engagement platform, rose to all-time highs in the first quarter of 2021. With the wave of NFT going on in the crypto markets ushered in by the headlines of Everydays: The first 5000 days being sold out for a whopping $69 million and Jack Dorsey converting his first tweet into an NFT brought the NFT ecosystem into prominence. Chiliz too witnessed...

TradeDog-Research

Curve Finance is currently the leader of the DEX ecosystem on Ethereum in terms of Total Value Locked ($7.35 Bn). While the fees on Uniswap v2 is 0.3% per trade, on the flip side, Curve charges merely 0.04% – a nearly 10x difference. Curve’s infrastructure is built to offer minimum slippage and lower gas fees as it focuses on swapping between similar assets...