Bitcoin is in a stage of decline and consolidation, with meta-global and blockchain gambling tokens rising against the tide.

Cointelegraph中文 view 27 2021-11-22 15:55
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比特币陷入低迷盘整阶段,元宇宙及区块链游戏代币逆势大涨

Bitcoin recently fell below $ 56,000, causing a sell-off in the cryptocurrency world. Discussions of raising the price to $ 100,000 before the end of the year turned into concerns about the bear market going forward, which could push the price down for a year.

The human response to the BTC recall indicates that the market has fallen overall, but not all tokens have been negatively impacted. By focusing on the emerging meta advantage, gaming tokens have achieved downtime protection in the market.

According to data from Cointelegraph Markets Pro and TradingView, when Bitcoin prices fell below $ 57,000, the value of Metaverse-linked tokens still included Gala (GALA) up 160%, WAX (WAXP) rebounding 78%. % and Sandbox (SAND) stand up stand. Increased by 62% and Decentraland (MANA) by 45%.

比特币陷入低迷盘整阶段,元宇宙及区块链游戏代币逆势大涨

Over the past few months, people have paid more attention to "The Beginning of the Metaverse". Indeed, after Facebook announced that it had changed the name of the parent company to "meta", there were different types of contract games and a collection of inconsistencies (NFT). A project focused on virtual projects of interest.

NFTs pave the way for mass adoption.

The most popular of the metaverse-focused work is largely due to the culture and traditions of the elite who discovered the potential of financial management (DeFi) and NFT technology.

From the acquisition of the Bored Ape Yacht Club (BAYC) NFT, where Post Malone appeared in the film for "One Right Now", to advertise their own branded NFT product Printed by world famous brands such as Gucci and Coca-Cola to attract consumers, the path to great adoption is through the Pave meta-world, too.

In response, virtual real estate related applications such as Sandbox and Decentraland have also driven growth, with the price of tokens and the number of users associated with contracts increasing dramatically.

比特币陷入低迷盘整阶段,元宇宙及区块链游戏代币逆势大涨

Cointelegraph Markets Pro's VORTECS® data began uncovering the SAND consensus on November 17, a change that occurred before the recent price hike.

Cointelegraph's unique VORTECS® Scores are an algorithmic comparison of historical and current market, and data points include thoughts on market, volume, recent prices and Twitter activity.

比特币陷入低迷盘整阶段,元宇宙及区块链游戏代币逆势大涨

As shown in the image above, SAND's VORTECS® scores hit the green zone on November 17, peaking at 79 in three hours, then the price rose 48.5% in two days.

Digital writing has increased.

The rise of meta-globalization and digitization is an ever-growing trend in the development of global communities. This is especially true because of the focus on issues related to environmental sustainability and the global chain.

Manufacturing in the digital world really solves a lot of the problems we face today, as people don't have to invest in physical systems to create end products, and they don't need large-scale transportation. . in line.

Compared to production lines that create new scripts or figurines for popular sports, games or movies, systems like Worldwide Asset eXchange (WAX) provide digital models of the same items that can be easily stored in a personal digital wallet. . , replace with a very low value or zero cost.

As you can see in the image above, WAX's VORTECS® score increased to the green zone on November 2, reaching a high of 74 in about 24 hours, and prices are starting to increase by 154% over the next two weeks.

比特币陷入低迷盘整阶段,元宇宙及区块链游戏代币逆势大涨

The near term for Bitcoin and the cryptocurrency market in general remains uncertain, raising some concerns about the arrival of winter cryptocurrency. Seasoned traders believe this decline is the only other way to buy the bottom line, and the meta-edge pattern continues to rise. Because projects focus on preparing the ground for business and future relationships can be the most profitable investment in the long run.

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