This week, significant changes are observed in the cryptocurrency world, especially regarding privacy and decentralization. Monero and Unstoppable Domains introduce .xmr domain, and AVAX's growth prospects are analyzed.
Monero Enhances Privacy with Unstoppable Domains
Through its partnership with Unstoppable Domains, Monero has unveiled the .xmr domain, managed by Cake Wallet. This collaboration facilitates the creation of user-friendly, private addresses, enhancing asset management and privacy within the Unstoppable Domains network's 865 applications. However, widespread adoption might face challenges as privacy demand increases across various blockchain environments.
AVAX Price Growth Analysis
Recent AVAX price trends indicate an increase from $22.35 to $25.59, surpassing the 20-day EMA. The Relative Strength Index (RSI) suggests a rally with potential targets at $33 and possibly $37.50 if resistance is breached. Conversely, a drop below $22.35 could lead AVAX to decline towards the $20.50 mark.
Web3Bay's Role in Decentralized E-commerce
Web3Bay emerges as a critical force in secure, decentralized online commerce. The platform merges user-managed market autonomy with traditional online shopping convenience. At its core is the 3BAY token, facilitating transactions and allowing holders to participate in platform development. During the presale phase, the 3BAY token is available for $0.003.
Monero's partnership with Unstoppable Domains strengthens privacy initiatives, while AVAX aims for key resistance levels. Web3Bay introduces a decentralized e-commerce platform, creating new opportunities in the digital domain.