In one location the Bluemoon virtual universe service lets its users create, destroy, and trade NFTs. As the metaverse grows, it becomes increasingly important to give users power over the crypto-environment they use and the crypto-based assets they possess. The new initiatives are attempting to let them get even more control. The emergence of the…
Deloitte is certain that Metaverse has the potential of adding $1.4 Trillion annually to the Asian GDP at least by 2035. The firm believes that by 2030, the metaverse industry could be as big as the $13 Trillion market. Deloitte claimed that today’s metaverse needs no explanation as already there are millions of users who…
Decentraland price lost some momentum after recording upsurges for two successive sessions. The alternative token opened lower before inching high amid sustained buying pressure. The increasing volume supported the current price movements as the market structure remains oversold. MANA saw its price retreating from higher-value areas after two successive sessions of uptrends. A bullish pattern…
Axie Infinity buyers attempted to cool the intensified sell-off condition by securing reliable footing near the $28 mark within the past couple of days. As the retracement dragged to token towards multi-month lows, AXS chalked this phase in a downside channel within the previous month. The nearest floor remains crucial in detecting future price actions…
ApeCoin is a BAYC’s native token. The alternative currency saw remarkable upswings over the previous week. APE gained over 50% within a week as its developer community revealed a massive Metaverse project. Such developments saw the altcoin surging towards $18, even overtaking Decentraland (MANA) as the largest Metaverse coin. Nevertheless, some on-chain metrics saw substantial…
A breakdown from ascending trend-line shows MANA’s continuation setup resulted in sellers’ favoritism. Furthermore, the retest phase authorized the prior support to resistance. Will the metaverse token sustain the bearish pressure to plunge towards January’s lower support of $2? Let’s dig dip. Vital Points MANA price chart displays a post-retest bearish bias continuation. Decentraland buyers…
Though Algorand witnessed remarkable gains from February lows, it showed vulnerability. A decisive close beneath its pattern might see ALGO retesting $0.79. Moreover, Ethereum Classic registered a bullish flip on the EMA Ribbons. Bulls defended 20EMA to avoid a fallout. Axie Infinity climbed past its Simple Moving Averages while its Relative Strength Index overturned from…
The SAND price might witness a steady bullish run as the altcoin creates a triple bottom pattern. A surge in buying momentum might propel Sandbox by 57%, tagging the psychological mark at $5. However, a 24hr candle close under the support of $2.69 will violate the bullish narrative. Sandbox price formed a bottom reversal setup…
SAND price has seen massive bullish moves lately. The metaverse coin climbed by 78% from the lowest zone this year. Here’s is why SAND surged and what you may expect. Sandbox (SAND/USD) recorded massive recoveries over the last few weeks as enthusiasts waited for the forthcoming Alpha Season 2. For now, SAND changes hands near…
MANA has lost approximately 70% of its ATH. The asset’s market capitalization has dipped to around $2.4 billion. Should you buy or sell the metaverse coin? Here is our view. Decentraland (MANA) witnessed bearishness within the last few months as the crypto industry sees fading momentum. The metaverse coin trades around $1.87, its lowest level…
AXS plunged under a vital technical support zone. Axie Infinity might see another retracement, losing 16 – 30%. Expect recoveries back past $85 if the bulls gather for upside action. Axie Infinity (AXS) appears in a rough condition and accelerated downtrends at the start of this year. Market players seem not interested in the token…
SAND price exhibits bearish sentiments. The alt’s massive support stands at $4.5 Sandbox’s crucial resistance zone is near $6.8. Sandbox (SAND) has followed shaky trends over the past sessions as the token’s price fluctuates beneath the $5 level. Meanwhile, the altcoin hit $5.2 yesterday, 7 January, after recoiling from $5.3. However, Saturday market moves saw…
The topic of a crypto advertisement on social media platforms has been widely discussed this entire year. The fundamental instance of this took place during the previous months as Google modified its policy regarding crypto ads, which was a gesture to indicate a somewhat addition in the favorability for crypto venues advertising on the channels…
The price of Decentraland (MANA) has reportedly gained 5.94% growth in the past seven days. Similarly, Decentraland’s price has experienced a 2.68% raise, bringing its price up to $3.26 per MANA. CoinMarketCap performance report shows that Decentraland’s price has hit a high price worth $3.33 per MANA in the past 24-hours. Then the 24-hour low…
Adidas has jumped into the crypto space by building collaboration with The Sandbox (a metaverse-based playground) as well as Coinbase this week. The contracts do not provide enough details at this time but certainly offer a way for the company to take a step into the world of blockchain technology and cryptocurrency. The respective move…
In today’s list of top-performing cryptocurrencies, it is Facebook Metaverse (FACEMETA) demonstrating promising growth. The price of Facebook Metaverse has swelled tremendously in the past 24-hours, showing that it has gathered a huge rally. Its price has surged by 418.06% in the past 24-hours, bringing its price up to $0.0000000335 per FACEMETA. Keeping in the…
Hong Kong hosted the 2021 edition of the Digital Entertainment Leadership Forum (DELF) at the Cyberport. The forum had many digital entertainment enthusiasts from various sectors present to see where their industries are going over the following years. The Cyberport Business Park venue captured many visitors’ attention with its various exhibits and workshops. The latest…
Doge Raca (DOCA) is currently among the highest performing cryptocurrencies, having grown by 52358.58% in the past 24-hours. The constant surge has helped Doge Raca’s grow all the way up to $0.00003204 per DOCA. Doge Raca’s trading volume has moved up by 202.25% in the past 24-hours, coming up to $133,037. The next cryptocurrency is…
In the past 24-hours, the price of RPS League (RPS) has been experiencing a downtrend. The report from CoinMarketCap shows that the price of RPS has dropped at an alarming rate, showing a 99.42% drop in the past 24-hours. RPS is the rewarding token for the “RPS League” game that hasn’t been able to catch…
KuCoin (a crypto exchange) has declared to open a virtual administration inside Blokotopia (a skyscraper within the decentralized metaverse). In an announcement of 2nd November, it has been stated by KuCoin that it would join the metaverse through the launch of an enterprise in the platform of Blokotopia, structured like a skyscraper. There are 21…
Despite a turbulent week in the intra trading market, Shiba Inu has lifted the spirits of members of the crypto community with some good news. The 12th largest crypto by market capitalization has announced an ambitious plan to build its metaverse. The popular meme currency’s team announced that they have hired William David Volk to…
A new Grayscale analysis has shown that making the metaverse more widely adopted might be a $1tr market by 2029. Two of Grayscale’s top analysts, David Grider and Matt Maximo, headed the research. An Interlinked Crypto-Based Metaverse The angle of their analysis was an interlinked crypto-based metaverse like the Decentraland. Using current metaverse user data…
Mark Zuckerburg is the CEO of social media and tech giant Facebook. He has recently issued a public statement on behalf of his company about the rebranding of the entire social media ecosystem. Zuckerburg issued a video detailed on the concept and vision of the new social media environment that he is planning to build…
Like cryptocurrency, metaverse has frequently made the headlines since the start of 2020, thanks to Facebook’s vision to create a more sociable environment in 3D. It is now one of the most talked-about topics, particularly amongst the tech-savvy population. While the concept is not typically new anymore, it’s on its way to becoming a significant…
