Low Market Cap Altcoin Jumps 120% This Week – There Are Promising Developments!

0

A low-capital non-fungible token (NFT) platform has surged more than 120 percent in the past seven days after price action driven by increased trading volume.

The local icon of the Universal Metaverse Radio Caca (RACA)rallied to an all-time high of $0.0089, up over 120% in the past week.

Radio Caca (RACA), who also describes himself as “the special manager of the Maye Musk Mystery Box NFT and DeFi+GameFi tool”, has lost some of its gains at the time of writing and is trading at $0.0074 according to CoinGecko data. RACA ranks 104th in the list of cryptocurrencies by market cap.

Universal Metaverse Lab is also known to be the creator of the USM and P2E blockchain game.

The project was launched on Binance Smart Chain (BSC) in October and was named one of BSC’s “Most Valuable Producers” that month. Again, Binance Smart Chain introduced the project on its official Twitte account earlier this month.

This week, Radio Caca had a development that made it experience a massive rally this week, announcing it has a daily trading volume of approximately $107 million on Binance Smart Chain, a new record for NFT platforms:

“[Binance Akıllı Zincir]New Record in !!!!!!,

RACA’s 24-hour trading volume reached $106.93 million.”

The project also announced on Twitter this week that “Metamon Game” has more than 10,000 daily active users.

Radio Caca says that Metamon is the main character in his blockchain-based game on Binance Smart Chain. The project aims to expand the Metamon game into Universal Metaverse (USM), a multiplayer online game (MMO) described as “3D Mapping Metaverse”. Radio Caca explains it this way:

“You use virtual reality/augmented reality technology to live in a virtual world with a new identity in the Metaverse: new clothes, new body, new skills, new social status etc.

Every player in the USM Metaverse is also a builder. They build around themselves a social network, a complete economic system, and finally a new virtual civilization. They can also create art for display or trade on the Metaverse and print them as assets on NFTs.”

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.


source site