Kategorie: Crypto News

There is a lot of hype and talk about the metaverse and what it can bring to human interaction. Also, in the last few months, we have seen massive surges in metaverse investments. There is no doubt this is an industry that has so much to offer in the long term. Here is why:

• The metaverse is offering new frontiers for content creators to reach new audiences.

• The immersive experience offered by this virtual world will have so many applications.

• Billions of dollars in institutional money are already flowing into metaverse projects.

Despite all these factors, finding decent metaverse investments that are truly worth your money is hard. But the three coins below should be a great start:

Ceek (CEEK)

Ceek is a robust metaverse platform designed for music and other live shows. The initial goal is to provide a platform for immersive virtual concerts and live music events. However, the project has been expanding its offerings in order to accommodate other types of creators.

Data Source: TradingView

There is a plan to bring in live sports and other acts as well. CEEK has already rolled out several virtual real estate on its platform, including virtual concert halls. It has also partnered with several major artists, including Lady Gaga and others.

Dreams Quest Origins

Dreams Quest Origins is an upcoming metaverse play-to-earn game set in a mystical virtual universe. The project is still under development but has so far released various teaser videos that suggest it has all the potential to be huge. The gameplay looks vivid, and the project already has big-name investors too.

DeFi Kingdoms (JEWEL)

DeFi Kingdoms is a fully integrated metaverse that includes both P2E gaming and decentralised finance as well. The game is relatively new but has been getting a lot of fans. The market cap is still low, so the chances of an epic rise are very high.

The post Top 3 metaverse coins to put in your portfolio appeared first on CoinJournal.

Apecoin (APE) has been showing strong bearish signs over the past week. The coin is now in steep decline as broader weakness in the market takes its toll. But how far can it actually fall? More on this below but first, here are some highlights:

• APE has recorded 3 straight days of losses as bears take full control

• The coin will likely bottom at $5 in this bearish cycle

• This thesis will become invalided if bulls can push the price action above $7 

Data Source: TradingView 

Apecoin’s trajectory and why $5 matters

When Apecoin launched a few weeks ago, the coin simply went to the moon. At one point, it was even trading at around $25. But the expected correction soon followed. APE fell sharply, and in the whole of May, it has struggled to rise above $10. This weakness is set to continue as we end the month. 

APE has in fact closed in the red over the last three trading sessions. It was around 7% down in intraday trading today too. We expect this bearish trajectory to continue and eventually settle at $5. However, there is still some risk that APE could lose $5 if sentiment in the market becomes more bearish in the near term. 

If this happens, we could see a decisive drop towards $2. But bulls can still save APE from this downtrend if they manage to push the price above $7 before the close of trading today.

The long term outlook for APE

We do not think Apecoin will return to its $25 highs anytime soon. In fact, most estimates show that the coin will likely settle at around $15 this year. But before this happens, Ape investors will need to deal with potentially devastating downtrends. 

In fact, the possibility of this coin bottoming at $2 is high. However, this also means that opportunities to buy for long term investors will present themselves.

The post Apecoin (APE) to bottom at $5 as weakness continues appeared first on CoinJournal.

Solana is one of the biggest blockchains in the world. The project was in fact referred to as the ultimate “Ethereum Killer” based on what it has to offer. Over the years, Solana has grown and is now attracting a series of play to earn and metaverse projects with massive potential. Here is why:

• Solana offers incredible transaction speeds for P2E and metaverse apps.

• The chain is also known for its low gas fees, making P2E more sustainable.

• Solana is a highly scalable and adaptable chain too.

So, if you are looking for potentially big P2E and metaverse investments, these three Solana based projects below should be worth it:

Star Atlas (ATLAS)

Star Atlas is a galactic themed game set in a vast metaverse. The game brings together three major factions where users can form guilds and build planetary empires. Each player needs an NFT backed spaceship to enter. Data Source: TradingView 

There are many rewards all throughout the game. Star Atlas is known for its epic gameplay, amazing graphics, and excellent features. It has also been attracting a huge number of players. It sure has a big future and is worth looking at.

Aurory (AURY)

Aurory is a role-playing game from Japan. The game is an adventure style metaverse with retro-style features. Players get various game modes. They can start off with a solo adventure or go on multiplayer modes where they engage with friends. There are tons of rewards within the game too, and so much to discover. The Aurory metaverse has also been expanding and adding incredible new features.

Genopets (GENE)

Genopets is a fun and exciting game that also doubles up as a lifestyle app for folks who love to get out. There are many NFT rewards too, and while the project is facing a lot of competition from other moves to earn games, it’s a great investment option.

The post 3 projects on Solana that could revolutionise P2E gaming and the metaverse appeared first on CoinJournal.