Can Sanzooz Finance (SZFT) become an established crypto like Ethereum (ETH) and Decentraland (MANA)?

Bitcoin (BTC), the largest cryptocurrency in the world, has returned to a valuation of $30,000 with its market capitalization reaching $580 billion.

Followed by the world’s largest altcoin, Ethereum (ETH) has finally surged past its $2,000 valuation once again as the crypto world attempts to return to normal.

Entering the digital asset space, Sanzooz Finance (SZFT) seeks to make a splash in the crypto world, especially in the sector Challenge (decentralized finance).

Is Sanzooz Finance (SZFT) the Next Crypto Giant?

Sanzooz Finance (SZFT) vice to become the equalizer of the industry Challenge.

Sanzooz allows for the creation of unique derivatives and its artificial assets are created by community vote.

They can be in the form of fiat currencies, cryptocurrencies, stocks, commodities, or anything else that has a price.

As an Ethereum-based protocol for decentralized asset issuance, Sanzooz’s artificial assets will be backed by the Sanzooz Network Token (SZFT).

The mechanism of the pooled collateral model that allows users to perform asset conversions directly through the smart contract, without the need for counterparties, solves both the liquidity and slippage issues required are faced by DEXs (decentralized exchanges ).

SZFT found its USP (Unique Selling Point) in the industry Challenge and it’s definitely a project to watch.

Ethereum (ETH) starts the week in the green

As one of the most influential cryptocurrencies of the industry, the performance of Ethereum (ETH) in the market greatly affects his fortune as well as many others.

Ethereum fell as low as $1,400 during the last market crash, but has since rebounded to a price of $2,071.82, at the time of writing.

A decline of 30.1% in the past 30 days has been reversed to an increase of 2.1% in the past 24 hours for the altcoin.

Despite the crypto market having been disappointing this year, Bloomberg Intelligence Analyst Mike McGlone remains bullish on his Ethereum 2022 prediction, estimating that ETH will end the year between a price of $4,000 to 5 $000.

A plunge of more than 57% from ETH to a high of $4,878.26 at its current price meant that Ethereum co-founder Vitalik Buterin announced he was no longer a billionaire.

The fall of Decentraland (MANA) continues to descend

As the second largest metaverse token in the industry, according to data from CoinMarketCap, Decentralized (MANA) has always been a figurehead in its particular space, but the project has suffered in the market lately.

Trading at $1.12, at the time of writing, MANA suffered declines of 16.1% in the last 14 days, according to data from CoinGecko.

After hitting an all-time high of $5.85 in November 2021, MANA has fallen from all-time highs as the altcoin continues to struggle in 2022.

As software that operates a global virtual world where users can buy and sell digital real estate, called LAND.

Despite its persistent poor performance, Wallet Investor market experts predict that MANA will reach a price of $5.30 by the end of the year.


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