January 2022 Newsletter
2022 — A New year, new market and new possibilities! As part of the usual boom and bust cycle, the whole crypto space has started the year with some sideways and downwards action.
Market cap currently sits around $1.6 trillion after losing over 27% from it’s opening highs in January. Bitcoin and Ethereum lost over 25% and 33% respectively. The other cryptocurrencies in the top 20 tier more and less soon followed the downwards momentum.
Despite all the negative price action more big names are joining crypto space. Walmart recently announced plans to make its own cryptocurrency and NFT collection for the metaverse. The famous payment system Cash App now integrated with the Lightning Network, which enables faster, cheaper bitcoin transactions. This now allows Cash App users in the U.S. except those in NY, to send bitcoin for free to anyone globally. On the other hand, long time meme coin supporter Elon Musk announced that Tesla is accepting dogecoin for certain merchandise.
Yet as NFT market booms, the crypto market remains sluggish. The largest NFT marketplace, OpenSea saw its transaction volume on the Ethereum blockchain surpass $4 billion so far in January, on pace to record its highest monthly volume in history according to data from Dune Analytics.
NFTs are getting a big boost after Facebook announced the Metaverse where they are considered important components.
Alongside all these developments TBC2 Coin is moving at a sure and steady pace. We are close to the finishing line of the distribution phase as moving quite well in this current Round 8 but we can do much better to proceed more swiftly in to the final round 9…
The Devs are working on some exciting things behind the scenes which will be announced as soon as we complete distribution. If you have missed the chance on other cryptocurrencies, this is your opportunity to join and reap the long-term rewards of this amazing ICO.
Let’s work together as a strong community and make 2022 a fantastic year!
