A Pudgy Penguins NFT sold for 400 ETH on Monday, which is the largest sale in terms of ETH so far. The collection's base price has nearly tripled in the past month. In September 2021, when one ether was worth about $3,505, a rare penguin with a mirrored characteristic and a green background sold for 225 WETH. CoinUnited, an OpenSea user, made the greatest sale ever but lost $159,995 owing to a fluctuation in the price of ETH.
It's hard to transfer money between African countries. The Ghanaian king settled a bill with a Nigerian attorney. His experience highlights a systemic problem impeding Africa's economic growth: high transaction costs and inconvenience. 15% of all imports and exports occur between 55 African countries. 60% of Asian trade is within Asia. 70% in EU. The difficulty of international payments hinders African trade. There are also high tariffs, long border procedures, and congested roads. Proponents of AfCFTA say easing trade restrictions will boost trade, FDI, and economic growth. 50 million people will be lifted out of extreme poverty by 2035 due to the accord's positive impact on real income, which is projected to rise 9.1%. Another issue: In Africa, currency values fluctuate. From July 2021 to 2022, Ghana's currency fell from 6 to 8. Volatile currencies make financial transactions more costly and risky. To overcome these problems, PAPSS facilitates financial transactions ...
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