- News and analysis
- NAGAX Weekly Recap 9 May - 13 May
NAGAX Weekly Recap 9 May - 13 May
It seems like everyone's eyes are glued to the chart at the moment, as Bitcoin and basically all cryptocurrencies are suffering one of the harshest crashes seen in a long time. 📉
However, just today, the market has slightly recovered, making several coins gain impressively over the night.
Bitcoin collapses and the ‘Extreme Fear’ grips the crypto market
As we are all HODLing the financial markets have seen better days. The crypto market, in particular, has reached what some say is the ‘2022 Crypto Crash’, but what exactly caused this crash, and what could traders do at NAGAX in reaction to it? Read more in the article!
UST Lost Its Peg to USD - What does this mean for LUNA?
Are stablecoins still “stable” in the volatile markets recently? UST is on shaky ground as news comes about Terra LUNA which collapsed to nearly zero and has wiped out the savings and investments of many people around the world. Read more about what happened in the article!
NFT Sneakers and the Move-To-Earn Trend: Get Rewarded While Jogging
As the market for Non-Fungible Tokens (NFTs) evolves, big brands are springing up with more and more ways to engage audiences. Developers are coming up with new game-changing mechanisms to keep customers interested, and one of them is the "NFT sneakers". Why are NFT sneakers being made at all? Read more in the article!
Can you even Meme? NAGAX's Meme Competition is On!
NAGAX embraces memes. We are hosting a Meme Competition! 👉 Continue reading below to learn how you can enter in 2 easy steps and win up to 500 NAGA Coins (NGC)!
Hold tight and see you next week!
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Risk Warning: Cryptocurrencies are highly volatile and trading can result in loss of your invested funds. Before investing you should be aware that cryptocurrencies may not be suitable for all investors. You should therefore carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and not invest money that you can not afford to lose.