NFT/METAVERSE price movement, prediction and discussion

Ludmilla_rose1995

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Quote

The native token of crypto gaming project Gala Games (GALA) fell sharply Monday amid fears of a major transfer of over $200 million worth of GALA tokens that traders feared was a hack, and then recovered after the company said the security incident had been "contained and the impacted wallet has been frozen."

➥ https://www.coindesk.com/business/2024/05/20/gaming-token-gala-drops-amid-suspect-200m-transfer/

This news is quite surprising, especially since Gala Games is experiencing a quite significant price increase of several percent, but this news of hacking has caused its value to drop several percent

For those who don't know, Gala Games has many games in it and some have already been launched and can be played

Inspiron14

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Quote from: kevinzxz on June 21, 2023, 05:50:51 PM

there are several metaverse projects which in my opinion are good for a long-term investment, especially now that the price is decrease very far from its ATH price due to market conditions that are being corrected (bear market), that is
1. BLOKTOPIA
2. Victoria VR
3. Metaverse.Network Pioneer
but I still recommend you to DYOR۔

It's true that before investing, it's better to do in-depth research first to make it clearer,
for now there are probably only a few potential metaverse projects,
expect more and more promising metaverse projects.

g1x

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Wouldn't it be great if the success of these projects could be independent of human involvement?

TimeTeller

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Quote from: globalpain on June 11, 2023, 09:19:59 AM

Quote from: v3liana on June 11, 2023, 02:17:16 AM

The hype of this coin already over and has been take over by another hype coin such as AI coins. If we see the marketcap there so many NFT/METAVERSE coin has no value and disappeared like a ghost. I hope AI coin can perform better than NFT in this year.

The hype is over for Metaverse and NFT, but in the future Metaverse and NFT will always be used by people of the world,
it's just that it takes time, and the latest news is that NFT will be used in rockstar games, namely GTA 6, so hopefully that will happen.

The hype may not be over but it is waning down. Now, we are seeing which projects can possibly survive.
And on this regard, we are seeing that metaverse backed by popular companies are the ones that might sustain their presence.
Some examples are MANA, SAND, and APE. But still, if you are an investor on these platforms, you need to update yourself with their progress.
And each metaverse project has their own market behavior because it depends on how the team behind it is making progress with their developments.
NFT coins on the other hand are still doing good as they have large trading volume, however, a lot of them already exited the market.

X-ray

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Quote from: ahoenk on June 14, 2023, 02:47:11 PM

Next big thing is DID and BRC20 and also NFT on Bitcoin Ordinal. And for DeFi i think it will goes to ZkRollup. I saw many project making ZKrollup services, so people will feel more comfatable using DeFi. And DiD will be used for KYC. Crypto space really shows up significant growth.

BRC was a garbage thing. Bitcoin developers have been talking to remove it in upcoming update. It's only spamming the bitcoin network with so many shity scam token for gambling purpose only. Look at how so many stupid people keep minted more and more garbage tokens. It was triggering the bitcoin fees to rose very high. Im very supporting bitcoin developers to remove it in upcoming update. It's only giving a way for scammer to create more and more shit scam token for criminal purpose.
The fact that if NFT and metaverse have been losing its hype. Bitcoin goes back to the 30k again and NFT/metaverse keep stagnant and these things are even losing back its value gained after bitcoin rose from 24k to the 30k.
The trend for NFT and metaverse already ended. It needs more than a mircale to make it back again. Apple VR could help it but it's not to bring it back again to the golden time of metaverse in 2021.

kevinzxz

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there are several metaverse projects which in my opinion are good for a long-term investment, especially now that the price is decrease very far from its ATH price due to market conditions that are being corrected (bear market), that is
1. BLOKTOPIA
2. Victoria VR
3. Metaverse.Network Pioneer
but I still recommend you to DYOR۔

ahoenk

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Next big thing is DID and BRC20 and also NFT on Bitcoin Ordinal. And for DeFi i think it will goes to ZkRollup. I saw many project making ZKrollup services, so people will feel more comfatable using DeFi. And DiD will be used for KYC. Crypto space really shows up significant growth.

TastyChillySauce00

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Quote from: v3liana on June 11, 2023, 02:17:16 AM

The hype of this coin already over and has been take over by another hype coin such as AI coins. If we see the marketcap there so many NFT/METAVERSE coin has no value and disappeared like a ghost. I hope AI coin can perform better than NFT in this year.

It seems true consider the daily volume trade from all of metaverse tokens were always going down from time to the time. I thinkt hat if the trend is always changing anytime. This can be true caused by the fact that if people are not always jumping from one to the another token.
The fact that if metaverse may go down even lower.

SUPERSAIAN

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Quote from: bitkanu on June 07, 2023, 06:40:20 PM

apple's newest VR headset seems gonna be bringing life into the fields of metaverse if taken advantage efficiently.
apple is basically always the one that brings life to some trends, even though they are late to the game, their headset proven to be more futuristic than the other else, though there are still some shortcomings.

People are very excited about the new Apple headset VR, especially one of my friends is just waiting for it to come out. It is really futuristic and provides many features. Apple seems to be leading the market in terms of the metaverse. Only the design is a little big for me, when it is too much on the head, you can easily get a headache from the weight. I can't say anything negative about the technology, it's very good as always.

makishart

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Quote from: v3liana on June 11, 2023, 02:17:16 AM

The hype of this coin already over and has been take over by another hype coin such as AI coins. If we see the marketcap there so many NFT/METAVERSE coin has no value and disappeared like a ghost. I hope AI coin can perform better than NFT in this year.

The hype will always be dumped from one to the another. That will always be the cycle in the crypto. Once people have done to pump NFT/metaverse coins and they will be moving their money to the tokens that have not yet pumped.
This cycle gonna be last forever in this wild market. The fact that if market is now facing huge bearish trend due to the news from SEC. i will not expect the market to recover very soon.

It's very hard to say if crypto market can avoid the problem that will be made by SEC. So many people called that as FUD while in my opinion if SEC was concerning about unregistered securities that always being traded in the exchange site.
NFT and metaverse tokens got very big impact caused by most of these tokens were using second layer blockchain as their parent chaince like polygon.

globalpain

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Quote from: v3liana on June 11, 2023, 02:17:16 AM

The hype of this coin already over and has been take over by another hype coin such as AI coins. If we see the marketcap there so many NFT/METAVERSE coin has no value and disappeared like a ghost. I hope AI coin can perform better than NFT in this year.

The hype is over for Metaverse and NFT, but in the future Metaverse and NFT will always be used by people of the world,
it's just that it takes time, and the latest news is that NFT will be used in rockstar games, namely GTA 6, so hopefully that will happen.

v3liana

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Activity: 658

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The hype of this coin already over and has been take over by another hype coin such as AI coins. If we see the marketcap there so many NFT/METAVERSE coin has no value and disappeared like a ghost. I hope AI coin can perform better than NFT in this year.

Iyeman

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Quote from: Ludmilla_rose1995 on June 01, 2023, 01:08:19 PM

surely FOMO will be unavoidable if GTA 6 really makes such a big breakthrough, but we have to be able to filter out every piece of news that appears because maybe this news is just speculation, I personally still hope that GTA 6 will do this (make money in the game, into real-life money)

No confirmation so far regarding GTA 6 and i consider it as a rumor only. Nothing to be trusted for now. People are hyping so much while at the same time if there are so many problems are now appearing in the cryptocurrency.

It's hard to predict the price movement from metaverse. it's always going up and down.

bitkanu

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apple's newest VR headset seems gonna be bringing life into the fields of metaverse if taken advantage efficiently.
apple is basically always the one that brings life to some trends, even though they are late to the game, their headset proven to be more futuristic than the other else, though there are still some shortcomings.

o48o

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Quote from: asriloni on June 05, 2023, 10:46:12 AM

Metaverse especially some projects which are also focusing to develop platform that compatible with VR/AR started to gain its traction.

I saw that if some news have been publishing a clue if apple is ready to introduce one of its most awaited product.

https://www.ft.com/content/16587e1e-294a-4cf2-96d5-27a10df50a2e

I hope that if this gonna push metaverse to the another level. i knew that if the devleopment needs more time and it's really worth to wait. I hope that will not become a fail product from this trilliong marketcap company.

Many people are hyped caused by that rumor.

Thing with metaverse is that most people don't understand it. Metaverse doesn't mean it needs AR or VR to work. It needs nothing to do with it. AR or VR can act as a GUI for it but it isn't needed as it can be done without fancy visuals. Most of the data inside doesn't need to be visual tp be useful nor does the economy inside the metaverse.

I feel like we are going another "VR revolution phase" after AR become a thing and this all will look similar to the movie "The Lawnmower Man" in the future. Cringe glimpse of future with high expectations and nothing to do with reality.

Panxora_COO

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IMERS.land is a trading game with a metaverse component. You trade a virtual $10,000 account against other traders and the winner in sprint competitions get IMERS tokens which can be swapped on Uniswap for USDt. OR you can take your IMERS and commit them to own a Guildhall. Guildhall's have advertising banners on them and you receive an income for banners being displayed on your Guildhall. You can also hold meetings in your Guildhall. The game can be played web based (scaled down 2D) 3D through Mac or PC application or on the Oculus Quest via Sidequest.com download.
Totally free to play. Revenue (as I said) through advertising.

Quote from: asriloni on June 05, 2023, 10:46:12 AM

Metaverse especially some projects which are also focusing to develop platform that compatible with VR/AR started to gain its traction.

I saw that if some news have been publishing a clue if apple is ready to introduce one of its most awaited product.

https://www.ft.com/content/16587e1e-294a-4cf2-96d5-27a10df50a2e

I hope that if this gonna push metaverse to the another level. i knew that if the devleopment needs more time and it's really worth to wait. I hope that will not become a fail product from this trilliong marketcap company.

Many people are hyped caused by that rumor.

asriloni

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Activity: 3038

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Leading Crypto Sports Betting & Casino Platform

Metaverse especially some projects which are also focusing to develop platform that compatible with VR/AR started to gain its traction.

I saw that if some news have been publishing a clue if apple is ready to introduce one of its most awaited product.

https://www.ft.com/content/16587e1e-294a-4cf2-96d5-27a10df50a2e

I hope that if this gonna push metaverse to the another level. i knew that if the devleopment needs more time and it's really worth to wait. I hope that will not become a fail product from this trilliong marketcap company.

Many people are hyped caused by that rumor.

Aliem Nur

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Quote from: Ludmilla_rose1995 on June 01, 2023, 01:08:19 PM

Quote from: waONE on May 30, 2023, 05:51:35 AM

if this news really happens then I'm sure NFT will get even more hype and Fomo will be back on the market again,
because GTA is one of the best games and has the most users, so this will be a turning point for NFT to go rise again,
and 2024-2025 will be good for the market crypto don't let you miss the bullish moment.

surely FOMO will be unavoidable if GTA 6 really makes such a big breakthrough, but we have to be able to filter out every piece of news that appears because maybe this news is just speculation, I personally still hope that GTA 6 will do this (make money in the game, into real-life money)

if it really happens then NFT in GTA 6 will obviously be expensive, maybe it can even be priced at $ 1000 to $ 5000 per NFT,
and that doesn't surprise me, just prepare your capital from now before you want NFT in GTA 6,
just imagine you can earn money every day just by playing games.

shinratensei_

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Quote from: SaveOurSea on June 03, 2023, 03:39:05 AM

Quote from: Ludmilla_rose1995 on June 01, 2023, 01:08:19 PM

Quote from: waONE on May 30, 2023, 05:51:35 AM

if this news really happens then I'm sure NFT will get even more hype and Fomo will be back on the market again,
because GTA is one of the best games and has the most users, so this will be a turning point for NFT to go rise again,
and 2024-2025 will be good for the market crypto don't let you miss the bullish moment.

surely FOMO will be unavoidable if GTA 6 really makes such a big breakthrough, but we have to be able to filter out every piece of news that appears because maybe this news is just speculation, I personally still hope that GTA 6 will do this (make money in the game, into real-life money)

NFT can indeed be applied to games like GTA 6, especially now that there's a lot of play to earn that's the same as GTA,
it's just that the graphics and users inside still can't achieve anything extraordinary,
but GTA 6 from Rockstar Games is clear that if NFT is implemented, their success will be will exceed any game in this world.

honestly i still doubtful it's even confirmed by the rockstar games themselves, so can't say it's clearly gonna be implemented, moreover is there news about that though?

right now it's just all speculation, the thing that gonna be holding back NFT implementation by rockstar in their games are the fact that if the item they were selling could be resold again by their gamers.

that would means loss of profits from them and I doubt rockstar would let that just slip for the sake of implementing NFT like many have said.

moreover, they even need to test the capability of NFT, and whether it's really gonna works in their game, since there are honestly still too many problems arise even in game that supposed created for the sake of NFT.

SaveOurSea

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Quote from: Ludmilla_rose1995 on June 01, 2023, 01:08:19 PM

Quote from: waONE on May 30, 2023, 05:51:35 AM

if this news really happens then I'm sure NFT will get even more hype and Fomo will be back on the market again,
because GTA is one of the best games and has the most users, so this will be a turning point for NFT to go rise again,
and 2024-2025 will be good for the market crypto don't let you miss the bullish moment.

surely FOMO will be unavoidable if GTA 6 really makes such a big breakthrough, but we have to be able to filter out every piece of news that appears because maybe this news is just speculation, I personally still hope that GTA 6 will do this (make money in the game, into real-life money)

NFT can indeed be applied to games like GTA 6, especially now that there's a lot of play to earn that's the same as GTA,
it's just that the graphics and users inside still can't achieve anything extraordinary,
but GTA 6 from Rockstar Games is clear that if NFT is implemented, their success will be will exceed any game in this world.

Topic: NFT/METAVERSE price movement, prediction and discussion (Read 1416 times)