Daily Crypto News January 11, 2022: Top 3 Crypto Updates For Today

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No one wants to be left behind on the Metaverse train. All the while, we’ve been reading how the NFT craze has wound up in the big brands, but this time around, Disney is set to deliver an experience like never before to all of its visitors. He has patented a technology called a Virtual Real-World Venues Simulator that will create a metaverse experience or augmented reality attraction for visitors to physical spaces by tracking their mobile devices.

Polkadot becomes the second largest on-chain development ecosystem after Ethereum. It is not a surprise after the success of the auctions carried out by the chain.

FTX overtook Shiba Inu as the largest symbolic USD holdings among whales. According to the latest reports from Whalestats, FTT and LINK are among the top 10 tokens held by Whales, with FTT overtaking SHIB. Learn more about this in detail below.

Quick summary of crypto news!

Daily Crypto News January 11, 2022 Disney Patents Technology For Theme Park Metaverse

Disney’s patent for the Metaverse theme park has been approved. This technology will create personalized interactive attractions for visitors to the theme park. This technology will make it easier to ride in augmented reality (AR) without a helmet. The technology will track visitors through their cell phones and generate and project 3D effects onto nearby physical spaces such as walls and other objects in the park.

The patent was approved on December 28, 2021 for the “virtual world simulator in a real world location”. The patent was originally filed with the United States Patent and Trademark Office in July 2020. Are you excited about this Disney World experience?

Learn more about Disney’s tech patent for the Metaverse experience.

Source: Cointelegraph

Polkadot becomes the second pole of development after Ethereum

As noted in Electric Capital reports, Polkadot has become the second largest on-chain development ecosystem just after Ethereum. Although Solana enjoyed the status until the last months of 2021 due to all the NFT hype, he is still behind Polkadot when it comes to the total number of developers. With the parachain auctions conducted last year by the ecosystem being a success, it is not at all surprising to see so many developments happening on the blockchain ecosystem.

Winning the first auction, Moonbeam is ready to go live in a few days, after which it will release EVM to its users. Polkadot started with its second round of auctions long before Moonbeam could go live. Projects such as Efinity and Composable Finance have also won slots for the same. This has led to the expert inference that Polkadot will continue to gain much more attention from developers.

Learn more about Polkadot emerging as the second largest on-chain development ecosystem.

Source: Aliens.com

FTX surpasses Shiba Inu as biggest token among whales

Data from the WhaleStats analytics platform reveals that FTX has overtaken Shiba Inu and currently ranks as the largest token USD position among whales. SHIB has always held this spot and ranked as the largest USD token position held in the top 1000 ETH wallets.

According to experts, large crypto investors have increased their holdings for better prices during the period of decline and correction. According to WhaleStats reports, Fantom and Chainlink are among the top 10 tokens that Whales are currently buying as the market sees an uptrend following the rally of relief from previous corrections and resistance.

Read in more detail how FTX surpasses Shiba Inu as the biggest token holder among whales and what other tokens the whales are racking up.

Source: U.today

Crypto Market Trend January 11, 2022

Here’s a quick rundown of the top crypto winners and losers of the day.

Top 3 crypto winners

Cryptocurrency Price (No later than January 11, 2022)% Change Near Protocol (NEAR) 1317.45 18.33% Cosmos (ATOM) ₹ 3137.37 5.92% Dash (DASH) ₹ 12344 , 44 1.44%

* Prices are no later than 11:30 am on January 11, 2022. *

Top 3 crypto losers

Cryptocurrency Price (No later than January 11, 2022) Change in% Ravencoin (RVN) 7.41 7.78% Loopring (LRC) ₹ 118.45 7.24% UMA (UMA) ₹ 676, 56 6.61%

* Prices are no later than 11:30 am on January 11, 2022. *

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