ETP (Metaverse) - One of the most undervalued coins?
In my opinion Metaverse is one of the most undervalued coins atm. I think it could easily become a top 20 coin by marketcap.
Fundamentals:
Why is it still so cheap?
Metaverse was hitted maybe the hardest by the Chinese FUD. In the time of the Chinese FUD came with his decision, there was almost no Western hype about it. So the price dropped from 5 dollar usd to 60 cents. After that it was added to bitfinex and recovered to 5 dollar again, but dropped again till now 3 dollar.
Some of the info I have from this article. It's really nice to read and explains really well some fundamentals of Metaverse. I recommend you to read it.
Fundamentals:
- Metaverse takes the best features from Bitcoin 9.99% , Ethereum -2.57% and Bitshares and tries to combine them into something better.
- Additionally includes proof of identity and oracles. Those services are offered by tokens on the Ethereum -2.57% platform and those tokens (Civic and Chainlink) trade higher than Metaverse itself.
- The CEO -1.71% -1.05% has been a member of the community for a long time and is able to not only lead the company in the business department but also on the technical side
- Metaverse has a huge and very active team
- They have a very active comunity.
- In the near future it will support proof of stake. This will enable better energy management and the opportunity to stake your coins for interest (could be up to 20% for one year) which is an important criteria for a successful blockchain nowadays. Look at other stake coins like NEO, people will hold their coins more often, so they get dividend in the long term, this will increase the price.
- 3 November it's listed on HITBTC with gives Metaverse more tradingvolume.
Why is it still so cheap?
Metaverse was hitted maybe the hardest by the Chinese FUD. In the time of the Chinese FUD came with his decision, there was almost no Western hype about it. So the price dropped from 5 dollar usd to 60 cents. After that it was added to bitfinex and recovered to 5 dollar again, but dropped again till now 3 dollar.
Some of the info I have from this article. It's really nice to read and explains really well some fundamentals of Metaverse. I recommend you to read it.
Bình luận:
We still have 1 big resistance. If we beat it, we gonna go up really fast!
Bình luận:
For people who still wanna buy in!
Bình luận:
We have a nicely formed triangle at the 15 min chart. If it breaks out, we could probably look for the first target!
Bình luận:
We're still in position heading for first target!