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Bomb Party launched as Ring Bomb Party back in 2016. Circa late 2020, the company shortened its name to Bomb Party.

Bomb Party is based out of Alabama and operates in the jewelry MLM niche.

Heading up Bomb Party are co-founders Lillian and Bella Coleman.

As per Lillian Coleman’s Bomb Party corporate bio;

I … earned a degree in business marketing and graphic design, only to find myself confined by working for someone else and unable to pursue my passion.

My free spirit longed to fly. My family supported my dream, and with a $1,500 loan from my parents, I launched Moss+Crown, a collection of Southern inspired apparel for women.

Moss+Crown took off like wild fire and I was lucky enough to enlist my sister to keep up with the demand.

Isabella left nursing school to help me run the growing business and we never looked back. Three years later, Bomb Party was created.

Read on for a full review of Bomb Party’s MLM opportunity.

Bomb Party’s Products

Bomb Party market bath bombs, each filled with a selection of jewelry.

Again, as per Lillian Coleman’s Bomb Party corporate bio;

I returned to my design studio with an idea: create an entirely new concept in jewelry, a fizzy ring bomb revealed through LIVE parties that holds not just a gemstone but a finished piece of jewelry, designed custom and a complete surprise.

It was DIY at its finest. We had our first assembly line, creating ring bombs in our kitchen at home and taking our concept to Facebook.

It went viral within weeks and hit over one million views within a month!

Bomb Party’s jewelry bombs start at $19.95.

Pricing on Bomb Party’s website is a bit all over the place. Some collections are priced, such as this ruby selection from Bomb Party’s “Holiday Luxe Collection” ($39.95) each.

Other collections just show photographs with no pricing.

The “Originals Collection” appears to be Bomb Party’s staple. The company claims

Every month, we add more than 50 custom designs in up to 20 colorways to our Originals, each one handcrafted using only the finest lab-created stones, metals and findings.

You could even reveal diamonds y’all! Let’s fizz…

Provided value estimates for Bomb Party’s jewelry top out at $1500.

Inside every Bomb Party collection, we hide a handful of genuine diamond gemstone rings and necklaces valued at up to $1,500 each.

“Regular” jewelry however is priced at $25 to $500.

ARE THESE REAL? HOW ARE THESE ONLY $14.95?

Ring Bomb Party rings are 100% real!

We have rings valued between $25-$500 and are able to offer ring bombs at only $14.95 because we buy our rings in BULK at amazing prices from our top notch ring manufacturers!

As for technical details behind Bomb Party’s jewelry, details are provided in the company’s website FAQ:

What metals do you manufacture with?

Our rings are brass and many are either double or triple plated with rhodium, but we also have silver plated and .925 sterling.

All jewelry is nickel free.

Bomb Party’s Compensation Plan

Bomb Party’s compensation plan has steep monthly PV requirements.

Retail commissions are available, with residual commissions paid out via a shallow four-level deep unilevel team.

This is expanded by up to six generations per unilevel leg. Performance bonuses are available but only reward product credit.

Bomb Party Affiliate Ranks

There are fifteen ranks within Bomb Party’s compensation plan.

Along with their respective qualification criteria, they are as follows:

  • Topaz Party Consultant – generate and maintain 350 PV a month
  • Topaz Lead Consultant – generate and maintain 500 PV and 1500 GV a month
  • Topaz Senior Consultant – generate and maintain 600 PV and 2500 GV a month
  • Peridot Executive Consultant – generate and maintain 700 PV and 4000 GV a month, as well as one active leg
  • Tanzanite Party Manager – generate and maintain 800 PV and 7000 GV a month, as well as one active leg and one leg with a Topaz Lead Consultant or higher in it
  • Tanzanite Senior Manager – generate and maintain 900 PV and 12,000 GV a month, as well as one active leg and two legs with a Topaz Senior Consultant or higher in each
  • Ruby Executive Manager – generate and maintain 1000 PV and 20,000 GV a month, as well as two active legs and two legs with a Peridot Executive  Consultant or higher in each
  • Aquamarine Senior Leader – maintain 1000 PV a month, generate and maintain 35,000 GV a month, and generate and maintain two active legs and two legs with a Tanzanite Party Manager or higher in each
  • Aquamarine Executive Leader – maintain 1000 PV a month, generate and maintain 60,000 GV a month, and generate and maintain two active legs and two legs with a Tanzanite Senior Manager or higher in each
  • Opal Premier Leader – maintain 1000 PV a month, generate and maintain 100,000 GV a month, and generate and maintain two active legs and two legs with a Ruby Executive Manager or higher in each
  • Opal Star Leader – maintain 1000 PV a month, generate and maintain 200,000 GV a month, generate and maintain two legs with a Ruby Executive Manager or higher in each and two legs with an Aquamarine Senior Leader or higher in each, and satisfy NewGenQ requirements (see below)
  • Diamond Silver Leader – maintain 1000 PV a month, generate and maintain 400,000 GV a month, generate and maintain two legs with a Ruby Executive Manager or higher in each and two legs with an Aquamarine Executive Leader or higher in each, and satisfy NewGenQ requirements (see below)
  • Diamond Gold Leader – maintain 1000 PV a month, generate and maintain 800,000 GV a month, generate and maintain two legs with a Ruby Executive Manager or higher in each and two legs with an Opal Premier Leader or higher in each, and satisfy NewGenQ requirements (see below)
  • Diamond Platinum Leader – maintain 1000 PV a month, generate and maintain 2,000,000 GV a month, generate and maintain two legs with a Tanzanite Party Manager or higher in each, two legs with an Aquamarine Executive Leader or higher in each and two legs with an Opal Star Leader or higher in each, and satisfy NewGenQ requirements (see below)
  • Diamond Elite Leader – maintain 1000 PV a month, generate and maintain 5,000,000 GV a month, generate and maintain two legs with a Ruby Executive Manager or higher in each, two legs with an Opal Premier Leader or higher in each and two legs with a Diamond Silver Leader or higher in each, and satisfy NewGenQ requirements (see below)

PV stands for “Personal Volume” and is sales volume generated by retail sales and an affiliate’s own orders.

GV stands for “Group Volume” and is PV generated by an affiliate and their downline.

An “active leg” is a unilevel team leg that has at least one Topaz Party Consultant in it.

NewGenQ qualification requires a Bomb Party affiliate to generate one personally recruited Ruby Executive Manager over a rolling twelve-month period.

Note that from Peridot Executive Consultant, up to 50% of required monthly GV can come from PV or a single unilevel team leg.

Retail Commissions

Bomb Party affiliates earn 25% to 37.5% on sales volume generated by retail sales.

A Personal Sales Commission allows Bomb Party affiliates to earn an extra 10% on their retail sales volume:

  • generate 2000 to 4999 PV in a month and receive a bonus 5% Personal Sales Commission rate
  • generate 5000 to 6999 PV in a month and receive a bonus 8% Personal Sales Commission rate
  • generate 7000 or more PV in a month and receive a bonus 10% Personal Sales Commission rate

Residual Commissions

Bomb Party pays residual commissions via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

Bomb Party caps payable unilevel team levels at four.

Residual commissions are paid out as a percentage of sales volume generated across these four levels based on rank:

  • Topaz Party Consultants earn 2% on level 1 (personally recruited affiliates)
  • Topaz Lead Consultants earn 3% on level 1
  • Topaz Senior Consultants earn 5% on level 1
  • Peridot Executive Consultants earn 6% on level 1 and 2% on level 2
  • Tanzanite Party Managers earn 7% on level 1 and 3% on level 3
  • Tanzanite Senior Managers earn 8% on level 1, 4% on level 2 and 2% on level 3
  • Ruby Executive Managers earn 9% on level 1, 5% on level 2 and 3% on level 3
  • Aquamarine Senior Leaders earn 9% on level 1, 6% on level 2, 4% on level 3 and 2% on level 4
  • Aquamarine Executive Leaders earn 9% on level 1, 6% on level 2, 5% on level 3 and 3% on level 4
  • Opal Premier Leaders and higher  earn 9% on level 1, 6% on level 2, 5% on level 3 and 3% on level 4

Generation Bonus

The Generation Bonus is paid out using the same unilevel compensation structure residual commissions are paid out with (see above).

Bomb Party defines a generation when a Ruby Executive Manager or higher is found in a unilevel team leg.

The first Ruby Executive Manager or higher in a leg caps off the first generation for that leg. The second generation begins immediately after.

If a second Ruby Executive Manager or higher exists deeper in the leg, they cap off the second generation and the third begins after them.

If no such affiliate exists, the second generation runs the full depth of that leg.

Using this generational layout, Bomb Party affiliates are able to earn a Generation Bonus on up to six generations per unilevel team leg.

  • Aquamarine Executive Leaders earn 2% on one generation
  • Opal Premier Leaders earn 3% on the first generation and 2% on the second
  • Opal Star Leaders earn 3% on the first and second generations and 2% on the third
  • Diamond Silver Leaders earn 3% on the first to third generations and 2% on the fourth
  • Diamond Gold Leaders earn 3% on the first to fourth generations and 2% on the fifth
  • Diamond Platinum Leaders earn 3% on the first to fifth generations and 2% on the sixth
  • Diamond Elite Leaders earn 3% on up to six generations per unilevel team leg

Fast Start Bonus

A Bomb Party affiliate’s Fast Start Bonus period is the rest of the month they signed up plus an additional three months.

The Fast Start Bonus rewards Bomb Party affiliate for qualifying at Topaz Senior Consultant or higher during their Fast Start Bonus period.

  • qualify at Topaz Senior Consultant during your Fast Start Bonus period and receive $100 in product credit
  • qualify at Peridot Executive Consultant during your Fast Start Bonus period and receive $150 in product credit
  • qualify at Tanzanite Party Manager during your Fast Start Bonus period and receive $200 in product credit

There is also an upline component to the Fast Start Bonus:

  • if a personally recruited affiliate qualifies for the first Fast Start Bonus tier, you receive $50 in product credit
  • if a personally recruited affiliate qualifies for the second Fast Start Bonus tier, you receive $75 in product credit
  • if a personally recruited affiliate qualifies for the third Fast Start Bonus tier, you receive $100 in product credit

Note that Fast Start Bonus tiers are accumulative.

Team Building Bonus

The Team Building Bonus rewards a Bomb Party affiliate for recruiting affiliates who sign up with a Boost or Launch Pack.

  • recruit a Boost Pack affiliate and receive $50 in product credit
  • recruit a Launch Pack affiliate and receive $100 in product credit

Note that the Team Building Bonus follows the Fast Start Bonus three-month qualification period.

Rank Achievement Bonus

Bomb Party rewards affiliates with a one-time $500 Rank Achievement Bonus when they qualify at Ruby Executive Manager.

Joining Bomb Party

Bomb Party appear to be intentionally hiding the cost of affiliate membership costs on their website.

These costs were disclosed at one point but have recently been removed.

I’m basing that statement off of a now defunct “become a party hostess” Google search result (no cache) and broken “Click here to see how easy and affordable it is to become an Independent Party Rep” link in Bomb Party’s website FAQ.

That same FAQ states;

Your Bomb Party business begins by ordering your Starter Kit–up to a $700 value!

We also recommend that you invest in initial inventory packs up to $350.

A search of social media revealed the following Bomb Party Starter Kit prices from mid 2020:

  • Business Essentials – $99 ($150 worth of product)
  • Boost Pack – $366 ($366 worth of product)
  • Launch Pack – $599 ($629 worth of product)

The pitch includes the $99 Business Essentials cost to the Boost and Launch Packs, which could get us over the quoted “$700 value” FAQ figure.

Anyway take these 2020 prices as a guideline, give or take a swing of up to $100 either way.

Conclusion

Before penning this conclusion I sat back and had a long think about Bomb Party as a business.

The low-hanging fruit was, “who does this appeal to?” But after five years in business obviously someone.

Bomb Party’s rolling monthly PV requirements are pretty high, so it can’t just be affiliates funding themselves at a loss month after month.

What I realized was if you’re going to analyze Bomb Party, you have to see it for what it is: a marketing technique to sell (mostly) cheap jewelry.

That’s the business model. Outside of the lottery pieces, nobody is going to argue Bomb Party’s is comparative to mid to high end boutique purchases.

Will Bomb Party jewelry turn my skin green?

It’s rare, but it depends on your body chemistry. Rest assured, we double plate and coat our plated jewelry, to make it even more durable and tarnish resistant.

Green discoloration of the skin involves the pH and oils in your skin mixing with the metal of the ring band or necklace, so it’s not 100% preventable with some sensitive skin types.

You’re selling excitement, and that’s what’s conveyed in Bomb Party’s marketing message.

Unfortunately this still brought me back to “who does this appeal to?” And I suppose if I could distill that thought down even further, why are grown-ass adults getting excited about trinkets in bath bombs?

I’d expect this marketing technique to appeal to kids. It’s why those capsule gumball machines have been a thing for decades.

Pokemon cards etc. would be a more modern equivalent.

Low-cost goods + surprise = a marketing goldmine… when targeted at kids.

That said, while I can only attest to this marketing having absolutely no appeal to myself, if you approach Bomb Party as a little bit of fun, what’s the harm?

That’s the consumer angle I believe they’re going for. I’m reviewing the MLM business opportunity though, so there are things we need to take into consideration.

First, with respect to retail customers, a bit of fun is fine but is there going to be repeat business. And more importantly, enough to sustain at least 350 PV a month?

Bomb Party calculates PV at 75% of retail volume, so you’re looking at $263 in retail orders a month. Less if wholesale pricing is factored in.

That’s not bank-breaking but it will add up month after month if the retail sales aren’t there.

The potential for Bomb Party inventory loading reminded of LuLaRoe’s leggings lottery. Where affiliates were at risk of getting lumped with inventory they couldn’t move though, Bath Bomb’s model shifts that risk to consumers.

Product is masked in a bath bomb, so consumers have no idea what specific piece they’re getting (outside of specifying a collection).

This works for Bomb Party as returns are only accepted

if a stone falls out within 14 days of your receiving your product.

Don’t like your revealed jewelry? Too bad.

And this brings me my next point of contention. Typically, at least in my experience, if you’re getting someone jewelry you’re doing so with knowledge of what they like (ballpark or otherwise).

If jewelry isn’t your thing, pick any non-consumable vice (reminder: chocolate is consumable).

Now imagine a collection of this vice, numbering 20 or so and out of which you’re only interested in one or two.

From a consumer perspective, wouldn’t you rather pay for what you wanted over rolling the dice and getting something you weren’t really interest in?

At this point I was able to conclude who Bomb Party’s marketing is for:

People who value the surprise more than the actual jewelry they’re getting. I.e. they either don’t particularly care what they’re wearing, or can make anything work.

That’s who you’re selling to.

Now with that out of the way, Bomb Party’s compensation plan.

It’s pretty tight. As previously stated monthly PV is high but you’re only developing a small four-level deep team so I’d expect upline engagement to be high.

There is a half-hearted attempt to stop total inventory loading, by limiting required GV at 50% of one’s own PV.

This cap would be far more effective if it was applied to PV. I think the reason it isn’t is the expectation affiliates are purchasing inventory to hold reveal parties with.

After your LIVE Ring Reveal party, we mail out your gorgeous ring the next business day at no additional charge!

Affiliates need only carry stock from collections. They don’t need to carry specific pieces.

This is a bit of a double-edged sword.

Inventory loading can be encouraged to commission qualify. It can also discourage inventory loading if existing bath bombs haven’t been sold yet (no need to buy more of the same collection if you haven’t sold the bombs you’ve got).

I did like recruitment commissions being tied to product credit. This really incentivizes the business as opposed to recruitment as product credit isn’t much use to those recruiting over retail.

One thing I want to commend Bomb Party on is their transition to virtual events.

There is no doubt a large chunk of Bomb Party’s appeal is sitting around with friends enjoying the excitement factor. COVID-19 makes holding these events in people’s homes a non-starter.

To their credit Bomb Party haven’t just pivoted to virtual events, they’ve updated their marketing to reflect that. I think that’s really responsible in the current climate and it’s great to see.

Demonstrating a commitment to moving with the environment, a Bomb Party app is on the way, promising to streamline the virtual experience.

A virtual reveal isn’t going to capture the same excitement and surprise of a live event but this is a business that’s shown it’s not afraid to pivot when required. That’s a good reflection on company management.

One last thing I want to comment on is the company’s name.

You’ll want to make it absolutely clear and upfront about what Bomb Party is if you marketing it by name. I know that’s the first thing that crossed my mind when I saw it.

Bath bombs are very much a western cultural thing and I imagine should Bomb Party expand internationally, to the middle-east for example, they’d probably be looking at a name-change.

All in all Bomb Party’s MLM opportunity targets a specific demographic and it’s either all or nothing. Either “the chase” appeals more to you than acquiring what you want or it doesn’t.

Proceed accordingly.

Naabiae Nenu-B is a Medical Health Student and an SEO Specialist dedicated to flushing the web off fake news and scam scandals. He aims at being "Africa's Best Leak and Review Blogger" and that's the unwavering stand of Xycinews Media.

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Review

Cryptostair Review – Is Cryptostair.io Scam or Legit – Cryptostair.io Review

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NOTICE: In as much as Team Xycinews aims to deliver a near perfect review, we have a lot of Platforms on our Log to review & a lot already reviewed. Sadly this limits us from backdating to track the status of already reviewed platforms.

Kindly note that the platform information were correct as of time of publishing but might turn out to be SCAM without our notice.

Always check our article’s published date & the comment section below for users opinion. Thanks ♥️

 

Cryptostair Review

As www.cryptostair.io is associated with a popular Bitcoin & Cryptocurrency niche, we tried scrapping a paragraph from their website, below:

“The popularity of crypto-currency and the increasing difficulties in obtaining it increase the popularity and demand for crypto-currencies in the markets and in general. Therefore, sales of digital currency are very profitable for us, and this kind of activity brings us and our investors a decent income”.

 

Cryptostair Founder

While documenting this Cryptostair review, I did my best to search and found no information on the founder of this platform.

I believe knowing the background record of a brand owner is a step forward into knowing how legitimate it is and the reputation of the Profile.

Cryptostair provides no verifiable information about who owns or runs the company on its website.

 

Cryptostair Referral Program

For every online platform, the referral model follows a pattern, all company wants to promote its product, app or site so they offer all potential users the opportunity to share their link, make a new member, and earn a bonus as reward.

The same model is applied on the Cryptostair site. After a successful sign up or registration, you proceed to login to be enable to share your referral link, make new membership and earn a referral bonus.

 

Is Cryptostair Safe and Credible

Everything is well presented and well set as for the company’s website. Now, if you have just started with this commany and you invested just today. You will have to wait till the next day to make a withdrawal and it takes up to a maximum of 24 hours for your withdrawal to process. I do believe if Watermine Company refers it ; it should also be a very good one. Cryptostair company noted on its homepage that they have been doing business for 10 years but that’s not true.

 

Is Cryptostair Legit 

The Scam Detector’s algorithm finds www.cryptostair.io having an authoritative rank of 58. It means that the business is Active. Mediocre. Common.

Our algorithm gave the 58 rank based on 50+ factors relevant to www.cryptostair.io’s niche. From the quality of the customer service in its Bitcoin & Cryptocurrency industry to clients’ public feedback and domain authority, we have considered many important details.

Other factors include, but are not limited to, WHOIS details, IP address, Alexa rank, modern technology used for their website, SSL certificate, and presence or absence on suspicious website lists.

What does “Active. Mediocre. Common.” mean? It is a business that’s been online for a while. It seems like www.cryptostair.io has received both positive and negative feedback (occasionally), just like many other websites. That means that you need to exercise caution if you decide to proceed with using it.

 

Is Cryptostair Scam

Cryptostair.io registered their websites domain name with a suspicious domain name registrar. 

Cryptostair.io is very new (it is less than 1 year old) and you should be cautious when using this website.  

Cryptostair.io has an SSL certificate but this does not guarantee that Cryptostair.io is 100% legitimate.  

You should only perform online purchases with websites that have a SSL certificate (padlock shown in the address bar).

 

In Summary – Is Cryptostair Legit or Scam

Anyways, team Xycinews can’t pronounce Cryptostair scam or legit but we will give you all the important information at our disposal to help you decide best because it involves you and your funds and we ain’t ah third party.

Don’t conclude from what you’ve read alone, make research additionally to make your firm. Always look out for the following before considering any online platform, expecially when your funds is involved.

  • Check if the site has a “contact us” web page
  • Avoid online Platforms that promises huge ROI.
  • Check if the site shows info about its company (name, address, country).
  • Check if the site has an “about us” or “company” web page.
  • Check if the site has a valid VAT or Partita IVA number (EU only).
  • Check if the platform is registered and certified to increase trust value.
  • Don’t be tricked by offers looking too good to be real, if it looks too good to be true, it could be a bait.
  • Check if the site has an active social presence (Telegram,Facebook, Twitter, Instagram)

 

Disclaimer

This Cryptostair Review Article isn’t aimed at defaming Cryptostair nor is it targeted to promoting them. 

This article is strictly for enlightening purposes and a honest guide from our perspective because we strongly believe every brand needs a good background check.

Therefore, you are at liberty to accept or reject this article and act base on your own perspective of the platform. You are encouraged to share your own opinion or views about the platform with us via the comments box below so as to further improve this Cryptostair review.

Team Xycinews is no third party and we can’t handle any queries whatsoever. 

 

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Review

Oduwa Coin Review – Is Oduwa Coin Scam or Legit – Oduwa coin Price Predictions

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Oduwa coin is a mineable cryptocurrency created from the Scrypt algorithm using the Proof of Stake concept. 

Every New Oduwacoin is minted using a mining technique called “Proof of Stake” where your pcs or computer is attached to the network as nodes. 

Very cheap to participate in mining and earn Oduwacoin daily. A computer and Wi-Fi will do it. No expensive equipment is needed when compared to mining bitcoin.

 

NOTICE: In as much as Team Xycinews aims to deliver a near perfect review, we have a lot of Platforms on our Log to review & a lot already reviewed. Sadly this limits us from backdating to track the status of already reviewed platforms.

Kindly note that the platform information were correct as of time of publishing but might turn out to be SCAM without our notice.

Always check our article’s published date & the comment section below for users opinion. Thanks ♥️

 

Oduwa Coin Review

Oduwacoin is a digital payment ecosystem. A virtual currency that uses peer to peer technology to settle all of its transactions within the network. 

Oduwacoin is a free open source project derived from collaborative blockchain frameworks to provide a long-term Energy-Efficient SCRYPT-Based Cryptocurrency. 

Built on the foundation of Hybrid Blockchain POW/POS, innovations such as proof-of-stake help further advance the field of crypto-currency and boost the concept of nearly No- Cost transaction fees for all OWC users to send and receive Oduwacoin. 

Oduwacoin is an alternative to bitcoin designed to tackle some serious problems facing bitcoin like, high fees, slow confirmation and expensive mining. We are committed to making Cryptocurrency accessible to everyone worldwide, especially regions that are densely financially underserved. The Future Of Settlement Is Here! ODUWACOIN.

 

Oduwa Coin Wallet

Oduwacoin does not sell packages, nor does charge any membership or monthly fees. Everyone is free to join and own a piece of Oduwacoin at the prevailing free-market price. Every holder must set up a wallet to store ODUWA asset. 

Our official custodial wallet is available on desktop at www.oduwa.org, and mobile version Oduwapay can be downloaded at AppStore and Playstore. User can also store Oduwa digital currency on Paper wallet with private keys, QT wallet with encryptions keys or at exchanges custodial wallet that trades Oduwacoin. 

Here is the official site to buy Oduwa and install various types of wallet to suit your needs: https://www.oduwacoin.io and https://www.oduwacoin.io/buy-oduwacoin

 

Oduwa Coin Founder

While documenting this Oduwa Coin review, I did my best to search and found no information on the founder of this platform.

I believe knowing the background record of a brand owner is a step forward into knowing how legitimate it is and the reputation of the Profile.

Oduwa Coin provides no verifiable information about who owns or runs the company on its website.

 

Oduwa coin Price Predictions

The current price of Oduwa Coin (OWC) is USD 0.46. 24-hour trading volume of OWC is USD 25 at exchange markets. Last week the price of Oduwa Coin has increased by 16.47%. The price of the crypto currency has increased by 1.47% in the last 24 hours.

The data on the price of Oduwa Coin (OWC) and other related information presented on this website is obtained automatically from open sources therefore we cannot warrant its accuracy. COINCOST is in no way related to the cryptocurrency Oduwa Coin, its developers and representatives.

 

Oduwa Coin Registration

Oduwacoin is a global Decentralized Cryptocurrency, so there is no Centralized physical office designated, but its founding principles are located in North America, Africa and Asia

 

Oduwa Coin Withdrawal

Oduwacoin does not receive or give money to any of the affiliates, so to convert or trade your OWC or digital currencies for other assets, such as conventional fiat money(Dollar, Euro and Yen) or other digital currencies.; you need to open a sales order on an Exchange for liquidity.Currently trading at Crex24.com, stex.com,vindex,exrates.me,P2PB2B.com and more.

You can withdraw your payments at any time you choose at any exchange Oduwacoin is listed. Please check www.oduwacoin.io website and our social media channels for up to date coin listing information.

 

Is Oduwa Coin Safe and Credible

Oduwacoin is a digital currency, stored as an asset and a medium of exchange for purchasing goods and services. Shoppers can now visit the first marketplace that accept Oduwa Coin at www.oduwamarketplace.com. 

More stores and businesses are popping out daily utilizing Oduwacoin as a payment for goods and services worldwide. Visit coinlocateplus.com for a list of merchants accepting Oduwacoin.

 

Is Oduwa Coin Legit 

Oduwa Coin is a digital currency. Every type of money has a risk due to inflation and counterfeit, especially a cryptocurrency that deals with volatility daily. 

Inflation is no.1 problem that weakens the value of money, hence there are only 21million Oduwa coins that will ever exist on the most trusted technology available called blockchain.

 

Is Oduwa Coin Scam

Primarily, Xycinews Media contents is to give an overview of platforms and what they entails to help you decide if proceeding with them or Investing only what you can afford to lose.

  • Do you think Oduwa Coin is scam?
  • How you being defrauded?

With a lot of platforms on our desk to review for the general public, we might not be able to keep track of Oduwa Coin on a regular. Please help us by dropping a comment and this will help other potential investors from falling prey or proceeding to invest.

 

In Summary – Is Oduwa Coin a good investment

Oduwa coin is a mineable cryptocurrency created from the Scrypt algorithm using the Proof of Stake concept. 

Every New Oduwacoin is minted using a mining technique called “Proof of Stake” where your pcs or computer is attached to the network as nodes. 

Very cheap to participate in mining and earn Oduwacoin daily. A computer and Wi-Fi will do it. No expensive equipment is needed when compared to mining bitcoin.

 

Disclaimer

This Oduwa Coin Review Article isn’t aimed at defaming Oduwa Coin nor is it targeted to promoting them. 

This article is strictly for enlightening purposes and a honest guide from our perspective because we strongly believe every brand needs a good background check.

Therefore, you are at liberty to accept or reject this article and act base on your own perspective of the platform. You are encouraged to share your own opinion or views about the platform with us via the comments box below so as to further improve this Oduwa Coin review.

Team Xycinews is no third party and we can’t handle any queries whatsoever. 

 

LEGIT BUSINESS OPPORTUNITIES 🔻🔻

 

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Review

Cake Coin Price Prediction – Cake Coin Review – Is Cake Coin Scam or Legit

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This PancakeSwap price prediction article is based on technical analysis. Within this article, you will see the factors and metrics that we put into consideration while writing this CAKE price analysis and prediction.

Many cryptocurrencies rose and fell in a rollercoaster ride as market volatility continues to plague the world of crypto. There were many tokens seen in various news reaching new all-time highs, and recently all-time lows as well. Because of this, many traders are confused, unsure of what to do, panic-selling, and losing money during the most recent crypto crash.

Of course, CAKE traders are not safe from the onslaught. In May, CAKE reached a new all-time high of $44.18. In the same month, CAKE dipped as low as $9.52 according to coin information websites like CoinMarketCap and CoinGecko. Will this CAKE continue to be bearish or will it recover and reach a new all-time high? These are the questions that we’ll address in this CAKE price analysis 2021 article.

 

NOTICE: In as much as Team Xycinews aims to deliver a near perfect review, we have a lot of Platforms on our Log to review & a lot already reviewed. Sadly this limits us from backdating to track the status of already reviewed platforms.

Kindly note that the platform information were correct as of time of publishing but might turn out to be SCAM without our notice.

Always check our article’s published date & the comment section below for users opinion. Thanks ♥️

 

Cake Coin Review

As appetizing as it sounds, PancakeSwap or CAKE doesn’t have anything to do with food. It’s an automated market maker and a decentralized finance (DeFi) application. The platform is a Binance Smart Chain-based Decentralized Exchange (DEX) launched by anonymous devs — that seem to like breakfast food and rabbits. 

It’s often compared to Ethereum’s Uniswap and SushiSwap because of its many similarities, but it also has many additional features that allow users to earn rewards.

What is an automated market maker (AMM)? If you haven’t encountered this term yet, here’s what it means. An AMM is different from traditional centralized exchanges. You can trade digital assets on this platform. However, there is no order book where you are matched with fellow traders. 

In an AMM, you are trading against a liquidity pool which is simply a bunch of funds thrown together in a large digital pile. It’s an essential element of Decentralized Finance (DeFi) protocols.

The liquidity pool is combined using other users’ funds. These users deposit them in the liquidity pool and they receive Liquidity Provider (LP) tokens in return. These tokens can be used to claim their share and a part of the trading fees.

CAKE is the native token of the PancakeSwap platform. It’s the BEP-20 Pancake token (CAKE). This token is one of many tokens that are used within the PancakeSwap protocol and is made available for token swaps within the exchange.

 

Cake Coin Price Prediction

Without any further ado, let’s take a look at the charts for this CAKE Price Analysis 2021 article. The first indicator that we will be analyzing in this article is called the 200-Day Simple Moving Average (SMA). This is an indicator that gives us a general analysis of whether the market is bullish or bearish.

As we can see in the chart below, there were several dips that brought CAKE below the 200-Day SMA. These small dips may be classified as bearish trends within a wider bull market. This is because the majority of the range candles are above the 200-Day SMA line. This means that the market as a whole is bullish.

Another indicator that can show if it’s bullish or bearish is the Relative Strength Index (RSI). It’s a very popular momentum indicator that shows if the market is bullish or bearish. It also shows generally good buying and selling opportunities. Let’s take a look at the chart to see if CAKE is oversold or overbought.

The last technical indicator that we will use to determine the price trajectory for this CAKE Price Prediction 2021 article is the Ichimoku Cloud. This indicator is a collection of various indicators namely the Lagging Span, Base Line, Conversion Line, Lead 1, and Lead 2. These indicators show support and resistance levels. Aside from these, it also shows momentum and trend direction by taking averages and plotting them on the chart.

 

In Summary – Is Cake Coin Legit or Scam

If CAKE makes a bullish recovery, support will be around $28, while resistance will be around $33. If a downtrend continues, support will be around $22.5, while resistance will be around $27.

Now, is it possible for CAKE to go 1 USD in 2021? Yes, anything is possible. If we are looking only at a short-term bearish trend within a wider bull market, CAKE can reach a new all-time high of around $100 dollars at the end of 2021. However, if it continues to go bearish, we may see a price drop to the $10 to $5 range.

You must always remember that this CAKE Price Prediction 2021 article is only here to help you with your purchase decision and must not be treated as financial advice. No one knows for sure how the market will perform. So, please buy at your own risk!

 

Can CAKE coin reach $100 in 2021?

Yes, there is a possibility for CAKE to reach $100. However, it depends on the market’s performance.

 

How can I get PancakeSwap tokens?

You can get CAKE by purchasing it on exchanges.

 

Where can I buy or trade CAKE?

You can purchase CAKE at PancakeSwap, Binance, KuCoin, Gate.io, Bithumb, and many other exchanges.

 

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