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- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
Decentralised Information Asset or Dia is an open-source oracle smart contract platform that allows users to source, supply, and share reliable data.
With verifiable data playing a principal role in the blockchain-driven economy, protocols like Dia are fundamentally important to crypto and the DeFi sector's long-term success. If you are keen on data for blockchain and interested in learning about the prospects behind Dia price prediction, then this guide should come in handy.
We will explore the Dia crypto price and the best crypto you should invest in for 2022.
Governance token, Dia, has seen several projections on its future value. However, these are some of the most trusted Dia price predictions from top cryptocurrency forecast websites.
Cryptocurrency markets are highly volatile and your investments are at risk.
The Dia price chart has been one full of rallies and dips. This is a prevalent challenge in the crypto scene as most digital assets are tied to the price action of the premier digital asset Bitcoin. However, here are five key price action moments for the Dia coin price prediction in the previous year.
Low price action for Dia has been shown historically to be a great breakout point for the digital asset. Coming into 2021 at a little above $1, Dia surged an astronomical 500% in the space of a calendar year, reflecting strong promise for the future.
Below, we have highlighted the price action for Dia in the remaining months of 2022.
Knowing the long term outlook of a crypto project would go a long way in helping users determine if they should invest or not. While this is largely circumstantial, a project's value proposition and fundamentals will go a long way in keeping its value up.
The fundamentals and use cases for Dia protocol are impressive.
For one, Dia is a cross-chain oracle platform for the evolving Web3. Most blockchain protocols find it difficult to make decisions due to the dearth of off-chain data. Dia makes this easy and connects protocol actors to verifiable and trustworthy data sources.
Broken down, Dia enables the sourcing, validation, and distribution of transparent and verifiable data feed for both conventional and decentralised applications (dApps). These data feeds usually comprise asset prices, metaverse data, lending rates, yield generation interests, and several others. This is quite valuable in the blockchain ecosystem, and compared to the popular decentralised oracle network Chainlink, Dia is a crypto gem waiting to be unearthed.
Besides this, the Dia token has garnered interest among the crypto community. The ERC-20 token recently got listed on top US Bitcoin exchange Coinbase. This development follows a record few months of cross-chain support for several layer-1 smart contract protocols.
A few such is integration with popular Ethereum killers Fantom and the Avalanche blockchain. Dia has also announced an integration with scalable dApp protocol Solana and Ethereum's layer-2 protocol Arbitrum One.
These fundamentals show a successful crypto oracle project that provides great value to the blockchain-driven economy. Given this, Dia is expected to surge above its current low price below $2 to as high as $10 in the coming years.
Decentralised oracle protocols like Dia would become increasingly necessary as more legacy-based businesses switch into the crypto space.
The Dia price today shows the growing possibility of a major breakout in the coming weeks. While the crypto market is interfacing between the bulls and the bears, several investors might be wary of snapping up on any project. However, this presents a unique opportunity to buy at a discount and profit on the back of the next bull's run.
At press time, the Dia price chart shows that the digital asset is trading at $1.037, down 1.76% in the last 24 hours.
However, this is expected to last long, given that the ERC-20 token is trading slightly below the 50-day exponential moving average (EMA) indicator price of $1.073. The moving average convergence and divergence (MACD) show a strong buy signal as the blue trendline leads to its yellow counterpart.
Turning to its potential bullish strength, the relative strength index (RSI) figure of 49.88 shows that Dia is still relatively underbought, making now an ideal time to buy and rise with the market.
Dia protocol holds a lot of promise, and its data feed services are crucial to the success of most blockchain-based applications. While this is a great choice for several investors, smart traders always watch out for crypto gems with huge growth potential. One of the top-performing crypto assets so far this year is Lucky Block.
Like Dia protocol, the Lucky Block network comes with high return on investment (ROI) potential. For one, the blockchain network aims to address crucial bottlenecks in the online gambling industry. The multi-billion-dollar space is perceived to be bogged down by archaic centralised systems that lead to poor customer experience and marginalisation of a group of players.
Lucky Block aims to solve these issues by creating an inclusive ecosystem where every individual can play the lottery from the comfort of their smartphone. An added boost is that Lucky Block is also created to be fairer and more transparent than its centralised counterparts. This is largely possible due to its reliance on distributed ledger technology.
Aside from addressing an industry-wide challenge, Lucky Block also comes with good tidings for players. Lucky Block is made in such a way that every player always wins. Jackpot winnings are charged 10%, with the fees distributed among every LBLOCK token holder. Added to this, Lucky Block players are guaranteed instant payouts and zero fees.
Based on the Binance Smart Chain (BSC) network, Lucky Block has been on a sensational run in the past few weeks. The digital asset skyrocketed over 1,500% from its presale price of $0.00015 before rising to a record high of $0.009617 on the back of its listing on PancakeSwap.
Cryptocurrency markets are highly volatile and your investments are at risk.
Keeping a strong foot on making new all-time highs (ATHs), Lucky Block is trading within the $0.005 to $0.0065 price range. The BEP-20 token is currently trading at $0.005605, down 3.32% in the last 24 hours. This is as the broader crypto market consolidates.
If you are keen on investing in the best crypto for this year, then you can follow these quick-fire steps to get started. The steps below are also detailed on the Lucky Block website.
Head to the PancakeSwap website to get started.
You will need to own a crypto wallet to perform transactions on the PancakeSwap website. To do this, download a Chrome extension for the MetaMask wallet and connect it to the PancakeSwap website. All you need to do is tap on the 'Connect Wallet' icon and grant access.
Binance Coin is one of the most popular coins investors use to buy the Lucky Block asset. You will need to own BNB to buy LBLOCK. If you don't own any BNB, you can easily buy on Binance or eToro and transfer and then transfer the coins to your MetaMask wallet.
Tap on the 'Trade' icon and select BNB in the 'From' section. Then insert how much BNB you want to convert to LBLOCK and set your slippage level. Tap on the 'Swap' button to complete the process.
Also join the official Lucky Block Telegram if you need assistance or want to ask questions to the developers.
The crypto space is rapidly evolving, and several projects are solving unique challenges. While decentralised oracle networks are crucial to the success of all dApps, tapping into a new and hot token like Lucky Block could yield more dividends.
For one, Lucky Block is operating in an already established market niche. This makes it possible for the protocol to tap into the market. Also, the lottery token is the first in its niche. First-mover's advantage is always a plus in business, more so in the crypto space.
Lucky Block is a top contender if you are on the lookout for the best crypto for 2022.
Cryptocurrency markets are highly volatile and your investments are at risk.
