All About the Metaverse

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The idea of the metaverse has become increasingly popular amongst the crypto community as well as the general public. Metaverses are virtually enhanced environments which rely heavily on blockchain technology. As a result, metaverse tokens have become some of the best performers in all of cryptocurrency.

All About the Metaverse

Back in 2018, the film “Ready Player One” first popularized the concept of the Metaverse. The main character, Wade Watts describes the Metaverse as “a place where the limits of reality are your own imagination. You can do anything, go anywhere.” In this piece, we will take a look at the metaverse, as well as the metaverse tokens which are currently the hottest topic in crypto.


What is the Metaverse

There are a few ways we can define the metaverse, however all these definitions share quite a few commonalities. A metaverse of the blockchain is essentially a collective, virtually enhanced point of convergence. Blockchain metaverses are physically persistent virtual spaces in which anyone can visit. Within a blockchain metaverse, users can recreate anything they see or interact with in the real world, and even extract value from a metaverse, and bring it back into the real world.


Metaverse Tokens

Currently, metaverse tokens and coins which are associated with metaverse projects have been performing extremely well. These tokens include Axie Infinity (AXS), Decentraland (MANA), and The Sandbox (SAND), although there are a huge variety of metaverse tokens, with more are being created almost every day. As an example of how well some of these tokens are performing, SAND is up 75.7% on the 7-day chart, and MANA is up by 33.4%. keep in mind, both of these tokens have a market cap of approximately $6.5 billion, with an average 24-hour trading volume of $2.6 billion.

The blockchains which support these metaverse tokens have also been performing extremely well. In fact, many of these metaverse projects are built on large-cap smart contract platforms, such as Ethereum and Solana. This means that you can benefit from the price action of the metaverse revolution by using Killer Whale Strategies such as Killer Whale Large Cap Sector Strategy and Killer Whale Gain ETH . The most advantageous way to capitalize on the momentum of these metaverse tokens and their supporting blockchains is to use any of our Killer Whale Signals, which can be found at the top of our Killer Whale Products Page .


Facebook is now Meta

Recently, Facebook rebranded to Meta. This announcement came with a video created by Mark Zuckerberg, detailing the Facebook/Meta’s plans to create a high-resolution virtual reality metaverse, which will be accessible with Oculus VR. The goal of the Facebook metaverse is to allow Facebook users to connect with one another in a virtual setting. This feature is designed for both social interaction and as an alternative to services such as zoom for business related reasons as well. Although it will take several years for the creation of the Facebook metaverse to come to completion, the announcement of the project is a big contributing factor to what initially propelled the recent public interest in various metaverse.


Conclusion

The metaverse movement is currently the greatest advancement in interactive media which mankind has thus far achieved. Since metaverses extend beyond cryptocurrency itself and into popular culture, metaverse projects are undoubtably here to stay. Be sure to check out the Killer Whale Products Page to find the Killer Whale Signals and Strategies that are right for you!


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