As the crypto market continues to trade sideways this week, several Metaverse coins have displayed significant bullish momentum. Relatively low market capitalization with gains of over 140 percent today metaverse The cryptocurrency Dotmoovs (MOOV) was one of them.
In this article, we explain what the Dotmoovs project is and crypto- We looked at why the currency MOOV is rising.
What is Dotmoovs (MOOV)?
Released in June 2021 Dotmoovs (MOOV)describes itself as a top fitness app with incredible Metaverse competitions. Rewarding players who participate in games and wins with MOOV tokens, the platform integrates a smartphone app with an AI algorithm to create immersive competitions.
DotMoovs is a place where users can have fun without leaving their home and have a Artificial intelligence It introduces a new kind of play-to-win metaverse where people can get an unbiased performance score with a referee-supported system.
Currently on the platform; There are two types of “sports”, including freestyle football and dance. You can even think of it as the crypto version of TikTok, as users can compete with each other by creating unique dances and judged by a powerful AI.
In addition, Dotmoovs has an NFT marketplace with various collections that users can browse right now. Cheapest price on the platform NFT‘s are rare soccer balls that cost 12,000 MOOV, or about $187 at the time of writing.
NFTs are priced in ETH or MOOV tokens, depending on the collection. Users, MetaMask can purchase NFTs and initiate transactions by connecting via a browser-based wallet such as
Dotmoovs is a unique concept that aims to reward users for the time and effort they spend on sports apps they use regularly; means you can improve your football or dance skills while earning prizes.
The Dotmoovs platform allows users to challenge anyone in the world through their matchmaking system. Additionally, the platform is integrated with a proprietary anti-cheat platform that protects the app with fraud detection algorithms to ensure fairness. Also, users can view the videos of the winning side to give complete confidence in the results.
Finally, AI-driven skill arbitration encourages an unbiased review of any performance in any supported sport.
Dotmoovs’ plans include; This includes establishing partnerships with IoT wearables to enable the team to further expand its ecosystem and develop more robust technology for evaluating performances.
The Dotmoovs app is currently available on iOS and Android devices.
Why Is Dotmoovs (MOOV) Price Rising?
The most important reason for Dotmoovs’ significant price increase today is that the Dance section of the app will be released soon. This is users; means they can challenge each other in dance competitions, which will open up a whole new paradigm for practice.
Dotmoovs, which will be at a level comparable to TikTok with its Upcoming Dance feature, may show significant increases in market value.
Today, on a video released on Telegram, CEO & COO of @dotmoovs addressed the Dance release date on the app
If you missed it and want to find out when will the next sport be released, you have here the full transcription 👇https://t.co/lLMKR1oHkE pic.twitter.com/r9qPZhJmss
— dotmoovs (@dotmoovs) March 28, 2022
The team announced that the Dance for Dotmoovs feature will launch around International Dance Day on April 29, 2022.
With the launch day of Dotmoovs’ Dance division approaching, it’s pretty clear that the market is excited about the launch, which is expected to be a major driver for MOOV’s recent bullish momentum.
The metaverse coin, which has increased by 146 percent in the last 24 hours, is at $ 0.01645 at the time of writing. With a current market value of 8.1 million dollars, MOOV’s value is quite low and the project draws attention as a must-watch project in March and April 2022.
MOOV is the platform’s primary service token used to purchase NFTs and distributed as rewards for users. MOOV has both ERC-20 and BEP-20 versions living on Ethereum and BNB chains.
MOOV; It is available on platforms such as Uniswap (V2), Gate.io, PancakeSwap (V2), MEXC, BitGlobal, and Hoo.
You can check the price movements here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.