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Metaverse

MBOX bottomedOk, let's start this serie of analyses dedicated to metaverse and let's talk about MBOX. It's a P2E game backed by your truly Binance, meaning this will do well eventually! Max supply is 1bil and circulating supply is currently 389mil so relatively low as market cap is 461mil €. Considering binance backs this project I don't expect less than 3x from this, even because the game is already working (check this out: www.mobox.io ). Let's talk about TA: I took the Fib retracement using the weekly chart although I'm showing you the daily chart to make it clearer so some line might look like it's out of place but it isn't. Price is currently in the best place for a reversal and to be honest it looks like it started the way up already, that yellow trendline shows as price is piercing through it. I've been buying the dip during the last days, even considering that BTC could go dip further I don't think we can go much lower, on the contrary I think price can grow a lot. You can either DCA your entry or go all in from here, even if we dip I don't expect price to go below -20% in the WORST case scenario before going up again much more. Good luck. P.S. follow me, I'll be posting new metaverse picks soon and even on twitter (nick: @shotokhan1 ) where I post screenshots of coins/tokens that aren't on tradingView
Long
by Shotokhan
#DrepUSDT - very strong accumulation, possible breakout patternIt looks like there has been lot of buying around this level. Drepusdt not only looks strong here, but has potential to move towards its monthly and weekly keylevel, a potential 100% upside is possible from these areas. Few days back before market crash we were seeing that there were potential pumps, and misses. A strong retest in monthly and 10D chart has also finished. Looking at all this, I am giving this a BUY for now. BTC will recover and Drep will explode to new ATH levels.
DLong
by Falcon_Trader_1
Is the Metaverse a Hedge for Inflation? (ft. Dogecoin) A little while ago I argued that virtual estate and real estate were inversely correlated -- as seen in the Evergrande example in China where Evergrande stock and MANA coin criss-crossed each other in terms of its ROI. It's yet to be seen how this will play out in the US real estate market but it seems likely that we'll start to see similar patterns emerge as time goes on. The US market may take longer to unravel since it's a bigger apparatus with a lot more moving parts -- talking about it in a coherent way in itself is often a challenge. But there's been a shift in tone from both DC and the media in regards to inflation in the last week, which may be a sign that things are starting to move forward. There's basically two different scenarios that could play out in the current US economy's trajectory -- hyperinflation, or an economic slowdown brought on by the Federal Reserve after they increase interest rates significantly. (Right now the former scenario seems more likely, but that's TBD.) Either way, crypto will probably end up doing well. More details in the video itself. Also as an aside, I also argued that Dogecoin could be an inflation hedge against the crypto market itself. We saw a weird blip this week where the coin pushed itself upwards a little bit, running counter to all of the other coins out there. Will this trend continue? We'll have to wait and see.
COINBASE:MANAUSD
by RyanTanaka
2
TECH: The Next 10 YearsWeb 3.0 is the emerging paradigm of the Semantic web, where there is no central authority or gatekeeper. Whereas Web 2.0 was propelled by advances in social networking, mobile internet access, and cloud, Web 3.0 will be defined by advances in edge computing, decentralized data networks, blockchain, AR/VR and artificial intelligence. Web 3.0 is only just coming into picture. It will serve as an extension of many elements of Web 2.0, but will also create entirely new experiences and blue ocean opportunities. For example, developers could combine parts of applications together or entire applications to customize how they experience and benefit from products and services. Through the use of advanced AI, Web 3.0 search engines will offer personalized results based on individual preferences and needs. For example, if an IPA drinker and a Lager fan type ‘breweries near me’ in the search bar, they will receive different results for nearby breweries based on the type of beer brewed. Of course, this also means algorithms will know more about users. More than 50 percent of data centers in the world are currently owned by Amazon, Google, and Microsoft. In Web 3.0, decentralized cloud networks and autonomous storage units will gain traction. Individuals will host and secure applications or ‘shards’, earning income that would otherwise go to large incumbents. In Web 3.0, identity management will devolve back to individuals. People will control their digital assets and data, as well as access to them. Centralized and federated identity providers from Web 2.0 will fade into obscurity. The ‘Metaverse’ will emerge, enabling people to participate and engage with a variety of 3D environments, including games, marketplaces, work spaces, socializing etc. The Metaverse will combine elements of AR/VR, blockchain/digital assets, semantic web and AI. Whereas Webs 1.0 and 2.0 were cultivated, mass adopted, and financially exploited principally in a few technology hotspots -- US, Western Europe, and APAC, Web 3.0 will be global. We are entering a ‘New Digital World’ of borderless and frictionless transactions that will touch many aspects of life -- work, commerce, socializing, entertainment, etc. More and more people will have the opportunity to participate in this new world and benefit; geography and market access will no longer be major obstacles to success. The future is bright!
NASDAQ:NDXLong
by WildBill2535
2
SLP Extremely underrated metaverse TOKEN!!!!!SLP is one the most underrated in the metaverse world. This token belongs to Axie infinity game: Smooth Love Potion (SLP) tokens are earned by playing the Axie Infinity game. This digital asset serves a replacement for experience points. SLP are ERC-20 tokens, and they can be used to breed new digital pets that are known as Axies. The cost of breeding begins at 100 SLP but increases gradually — rising to 200 SLP for the second breed, 300 for the third, 500 for the fourth, 800 for the fifth and 1,300 for the sixth. Axies can be bred a maximum of seven times, and the seventh breed costs 2,100 SLP. This limit exists in order to prevent hyperinflation in the marketplace 0.06 was big support for SLP which it lost it but still it has strong potential to fly to the moon!! Its on 1.6 Support of Fib Retracement on the wave I specified on the chart and it has also support from from trend-base Fib. This is very possible area for reversal. We have also been in oversold area for a while. I draw 2 possible scenarios for SLP. Entry: 0.03-0.04 Targets: 1) 0.063 2) 0.08 3) 0.010 4) 0.15 5) 0.20 6) 0.30 7) 0.040 8) 0.050 SL: Close daily below 0.028 I believe it will hit all 8 targets even more.
Long
by Crypto_Scorpio
12
FB Meta Platforms: Upside PotentialHello friends, today you can review the technical analysis on a 1D linear scale chart for Meta Platforms, Inc. (FB). 1) The price is currently in a Double Bottom Pattern with the potential of coming to a breakout area. 2) If price breaks out of the Double Bottom Pattern, it would move back inside a Parallel Channel it has been respecting since February 2020. It fell out of the channel in early October 2021 and has tried to regain access back into the channel. 3) The Volume is consistent. 4) The RSI (relative strength index) has a resistance line which the RSI is coming close to. 5) If price reaches the Double Bottom Pattern target, it would be a 20% upside move. What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. As the year is coming to an end and holidays are almost here. I want to wish my friends Happy Holidays and ready for an exciting 2022! What are your thoughts for the coming year? Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
NASDAQ:METALong
by MillionaireEconomics
2
Total Cryptocurrency Market Cap Update 13/12/21: Road to $6T In regards to the Total Market Cap for the whole cryptocurrency market, since the 3rd Dec crash the total market cap dropped by 27% from $2.604 Trillion to $1.891 Trillion, revisiting previous levels experienced during the May crash and September. Over the past 10 day the total market cap has recovered +9% from -27% to -18% since the 3rd December. I believe we may retest the 200sma again just above the 61.80% before retesting the 78.60% fibs @ $2.43 Trillion and then the ATH @ $3.738 Trillion which we can expect during Phase 2 of this super cycle. Please see previous analysis below. happy trading :) 20/10/21: The road to $6T Crypto Market Cap 2022 forecast; On the 27th July we got further confirmation from the swing call script. We expect this move up to new ATHs to happen in 2 main push phases, the first a break above the 127.20% Fibs towards the 161.80% Fibs @ $3.985T. We can expect to reach the first target by eoy 2021/start of 2022. This may not be a as straight forward push as 2 push phases but several impulsive push phases with periods of accumulation and distribution maintaining bullish sentiment.
CRYPTOCAP:TOTALLong
by CryptocurrencyMagnet
SAND is 2021's top performing cryptoSAND is one of the top performing cryptocurrencies for 2021. Since Facebook announced its rebranding as Meta on October 29, SAND has shot into crypto fame and rallied more than 600% by November 24. It is estimated that if you bought $500 of Sandbox on January 1, it would now be worth over $73,000. SAND is the native token of The Sandbox, a game that is very similar to Decentraland which recently opened the doors of its Metaverse. Unlike Decentraland, it has not yet fully launched its virtual world to the general public but only to a select group of 5,000 users who have the chance to earn up to 1,000 SAND and three exclusive NFTs. Players can purchase land and create non fungible tokens (NFT) within the game and earn the Sandbox token (SAND) by completing various quests. The Sandbox has announced a number of famous partnerships which include The Smurfs, Atari, the Walking Dead, Adidas, and Snoop Dogg. It was recently reported that someone paid $450k to be Snoop Dogg's neighbour on The Sandbox Metaverse. NFT-linked cryptocurrencies were the best performing group of digital assets in November, as the interest in the Metaverse keeps growing. Will Metaverse tokens explode in 2022? It's a good moment to give meta tokens like SAND some thought.
FTX:SANDUSD
by Capitalcom
MANA fight BTC to keep the marginIt is what it is. The MANA has been fighting hard against the BTC effect and still keeps above $2.8 showing the MANA is recovering fast. However, the BTC recovering at in much faster pace compared to MANA. This means the movement average of MANA is much weaker than BTC in general. It is this time of every cycle where Altcoins are starting to bleed to BTC. All I can see is accumulate for the next bull run after BTC consolidate! This is not financial advice!
MShort
by Haizsama