DecryptLab
DecryptLab

DecryptLab

Demystifying blockchain, AI, and quantum technologies...


Chainlink will make you happy

15 Jan 2021 1 minute read 3 comments BreakdownFab

While all eyes are turned towards Bitcoin and the growing Polkadot, the Chainlink token LINK is growing significantly too... and almost silently. Why is it growing suddenly? Because Paxos has announced they adopt Chainlink oracles for their new DeFi...

Injective Protocol INJ - Incredible potential

14 Jan 2021 1 minute read 4 comments BreakdownFab

Hopefully you already know the Injective Protocol. Otherwise, it is still time to learn. According to their description on CoinMarketCap: Injective Protocol describes itself as the first layer-2 DEX that unlocks the full potential of decentralized d...

RAMP is taking off - Where is the limit?

13 Jan 2021 1 minute read 0 comments BreakdownFab

Hopefully you already know the RAMP DEFI project. Otherwise, it is still time to learn. According to their description on CoinMarketCap: RAMP DEFI proposes that the staked capital on the non-ERC20 staking blockchains be collateralized into a stablec...

Don't miss this opportunity

11 Jan 2021 1 minute read 0 comments BreakdownFab

As expected, Bitcoin & altcoins have dumped. It is a logical and healthy correction: the parabolic growth coud not last forever, a correction was required. The main questions are: where will it stop and what is the best strategy? This kind of correct...

Is it the best time to buy Bitcoin?

10 Jan 2021 1 minute read 3 comments BreakdownFab

Nobody can really tell you whether or not it is the right time to buy Bitcoin, however the following indicators may help you: 1) Twitter: just look at what the trendsetters say, e.g. Alex Mashinsky, Celsius CEO, thinks that BTC will oscillate around...

Will YFI hit $50k?

9 Jan 2021 1 minute read 2 comments BreakdownFab

What is the most expensive token? Bitcoin of course... But for how long? What is the second most expensive one? YFI... Because the total supply is only 30k. What will happen if YFI price exceeds BTC again? It will enter a discovery area, where everyt...

Algorand - The next crypto bull run?

8 Jan 2021 1 minute read 1 comment BreakdownFab

Algorand has always been recognized as a solid project. It is a pure proof of stake. No delegation needed. Very low transaction fees. Only the tokenomics have been criticized. It has been fixed. So, what's next? Just look at the news of the week: 1)...

Earn money from your sofa - ALGO & Co.

3 Jan 2021 1 minute read 1 comment BreakdownFab

As I do not like so much all the theory on coins and blockchains, I tested myself a few ones: 1) Tezos XTZ: easy to use, give you a good 6%, needs to be delegated, no claiming needed. A bit late on DeFi projects, if they progress on that it will pump...

Will ZIL pump again?

3 Jan 2021 1 minute read 0 comments BreakdownFab

From a technical point of view, Zilliqa has strong fundamentals, especially w.r.t. sharding. ZIL recently doubled in value & then dumped. Is it dumping or consolidating? An explanation could be the withdrawal issues on some exchanges like Binance. If...

Will CEL hit $10?

2 Jan 2021 1 minute read 0 comments BreakdownFab

Celsius token has increased by 1856% since the ICO in 2018 & by more than 9% in 24 hrs. Celsius CEL token has the potential to hit $10: 1) As Ethereum network fees have increased, hodlers prefer to stake their coins on Celsius 2) CEL token value incr...