EddieJayonCrypto
16 Jan 22
1. PayPal is enlisting the help of Algorand to help with the development of its stablecoin. This is going to be an interesting ride since Meta tried it a while ago and couldn't get approval; we will have to see how this pans out for them, but this is big news for Algorand nonetheless2. Cardano has b...
1. PayPal is enlisting the help of Algorand to help with the development of its stablecoin. This is going to be an interesting ride since Meta tried it a while ago and couldn't get approval; we will have to see how this pans out for them, but this is big news for Algorand nonetheless2. Cardano has been in a holding pattern for a long time, but they just dropped some serious news. The wait is over! CryptosRUs broke the news that the new mainet SundaeSwap will be here January 20th. That is huge since it is the first DEX on the platform. This rolls in TVL (total value locked, locked assets)! More importantly it will be utilizing liquidity pools and smart contracts! It will be a beta DEX and may have some bugs, but the launch date is here. Given Cardano is #7 on the list without TVL this could make them jump in a large way. TVL is why all of the other Layer 1s jumped so high. This could be a major gamechanger for Cardano3. There are a lot of news sources out there and you have to figure out which ones you feel comfortable with so you can turn that information into knowledge you can use to make informed decisions when managing your crypto portfolio. Earlier I mentioned how CryptosRUs broke the news about Cardano. Well George Tung and his team are not the only ones I get news from. I review a lot of resources where news can break. I also pay attention to even the smallest news. Why, well, because that small hint can easily turn into something big down the road. Sometimes it is about learning what is out there and listening for the chatter across various sources. All of that helps me to make better decisions.🔴Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by Eddie Jay on Crypto. Eddie Jay on Crypto may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.