NPK TALK SERIES (EPISODE 1)

Welcome to our first episode of NPK Talk Series. New to Crypto trading? First, you’re welcome to this space. Secondly, you will be getting weekly updates, which will help guide you when trading. So, always stay updated by reading every article uploaded on this blog.
This week isn’t really looking good, as something unexpectedly to some happened. There’s been an update in the Russian and Ukrainian war. Russian forces seized Ukrainian nuclear power plant. According to the Ukraine’s nuclear agency, “Military forces have taken control of the facility”. This has caused the markets to react and we’ve seen crypto prices going down, causing a lot of fear in the market.
Currently, with the Inflation in oil prices, making things more expensive; consumers spending way more money to just buy normal everyday stuff, this lead to increase in rate and rates causing a lot of folks to take on less loans. Less loans meaning less investments, eventually reducing assets prices.
Now, the volume for cryptocurrencies number in the billions of dollars is reduced. More Ukraine equals to higher prices of oil, higher prices of oil drives inflation up and when inflation is up, the interest rates gets added on.
While all these is taking place, don’t forget about NFTs (Non Fungible Tokens) on NEAR ecosystem, as Paras made it to the top of the market with the highest trading volume. There is been a mass adoption of NEAR lately. NEAR Protocol is one of the 10 fastest growing blockchain ecosystems. Also, developers on NEAR Protocol get 30% of transaction fees spent on their contracts. Thinking of building on NEAR? Well, there’s never been a bad time.