Crypto Whales Expect Rise in Altcoins

Crypto Whales Expect Rise in Altcoins

Play To Earn Games | 09 Mar 2024 09:46 UTC

As the year 2023 starts, financial experts and cryptocurrency advisors are eyeing the bullish behavior of bitcoin and predicting a massive surge that will surely make or break cryptocurrency investors. Bitcoin has already seen a decline, which has led to rumors that the mini-bull run is over. However, bitcoin will follow the bullish run that will result in the rise of other digital assets too.

According to reports, bitcoin is expected to skyrocket and reach a staggering $1.5 million by the end of the decade.

ARS predicts: “Contagion caused by centralized counterparties has elevated Bitcoin’s value propositions: decentralization, audibility, and transparency,”

He further added: “Its network fundamentals have strengthened and its holder base has become more long-term focused.”

ARK Insights on Cryptocurrency

In support of this assumption, ARK cites an increase in hash rate, long-term holder supplies, and identities with non-zero balances when compared to previous recessions.

According to ARK, bitcoin has continued to outperform conventional asset classes due to this stability.

Financial report says: on a five-year CAGR basis, gold is up 2.2%, global stocks are up 6.1%, global debt yields 1.4%, and bitcoin is up an average of 272%.

 ARK and its CEO, Cathie Wood, have previously made such audacious forecasts on the rising trend of bitcoin. During a Bloomberg appearance in May 2021, Wood made her first audacious forecast: she said bitcoin will reach $500,000 by 2026. She then increased the wager to $1 million by 2030 in early 2022.

It is essential to remember that "crypto whales'" thoughts and predictions are arbitrary and prone to quick change. We cannot predict with precision any single cryptocurrency impact in the future. Before investing any money in the cryptocurrency market, it is always advised to conduct an in-depth study and financial consultancy.

Cryptocurrency is influenced by various factors among them market demand, governmental regulations, and digital advancements are notorious. Being an extremely volatile market sometimes it follows a reversal approach. So we can say that past performance is not highly indicative of future results.

Crypto Bull Market Run

At the end of 2022, bitcoin made a bullish run and eventually uplifted other cryptocurrencies and digital assets. January 2023 runs bull and bitcoin showed the biggest run of more than $5000 in a single month. The $1 million figure is echoed by various notable market experts and every individual is eyeing an opportunity to make their first step into the crypto market. When it comes to blockchain technology, it surpasses cryptocurrencies and has the potential to impact a wide range of industries. Blockchain technology offers a wide range of investment opportunities, from entertainment to securing intellectual property.

Make a stable investment; Follow the Crypto Whales

We all know risk comes with high-reward opportunities and cryptocurrency and blockchain are surely among them. Cryptocurrency is like one moment up and another moment down. That’s why ample research and analysis are required before making any assumption. In this market, one cannot be successful by just following the footprints of some expert advisor. Cryptocurrency demands time and accuracy more than money.

Cryptocurrencies run on a framework that is not governed by a centralized authority since they are decentralized. They have a high degree of volatility and their value is dictated by market requirements. The possibility for significant profits and improved access to financial services are just a couple of the possible advantages of investing in digital assets. 

Remember that dealing in crypto assets is not similar to trading in investment products. It should only make up a small fraction of your overall equity investment. To protect the security of your assets, it's also crucial to store them appropriately.

Evaluation of digital investment

  • To evaluate the coin or assets' financial situation, earnings, and development prospects, look at its financial statements.
  • Look for the connected elements that contribute to market ups and downs by analyzing the market. Take into account elements like market size, competition, and growth possibilities.
  • Analyze the operation of the blockchain sector and a company's holdings of digital assets.
  • Analyze the investment's risks, taking into account any regulatory, financial, and technological ones.
  • Calculate the probable return on investment, taking into account both immediate and long-term goals.
  • Evaluate the investment’s fair value on the basis of financial indicators like changes in the digital market, the stability of the dollar, and a cash flow analysis.

Crypto whales are investing in cryptocurrencies like MEMAG, FGHT, and CCHG that fulfill these criteria, indicating their potential to succeed.

MEMAG Mastering Web3 Game

The Meta Masters Guild's community-based platform and cutting-edge approach to game production have the potential to transform cryptocurrency. The technology has a strong probability of succeeding since it solicits user feedback, gives users full control of their resources, and creates games with real gamers in mind. Due to a strong online presence, the Meta Masters Guild preorder has exploded in the past weeks. It enjoys a good time with some 24-hour periods catching a revenue of $100,000. Traders or gamers can visit the official website and use any digital wallet to trade MEMAG with ETH or USDT.

Check out for past week's news cluster in Super Sunday news.

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Undeads Metaverse - Game Review

Undeads Metaverse - Game Review

Undeads are a modern MMORPG survival game with extensive play-to-earn features and 10+ diverse playable NFT assets to choose from. In the world of Undeads, a multiplayer MMORPG, players find an array of income-generating mechanics allowing them to earn cryptocurrency while exploring a post-apocalyptic metaverse. The game's unique isometric model features action-packed combat between two factions, Zombies and Humans, competing for vital resources. Players must venture into uncharted territories, defend their settlements, gather resources, craft and upgrade equipment, engage in trade, learn professions, and develop their NFT characters. Undeads stands out among Web3 GameFi projects, focusing on creating an engaging player-driven economy and fostering a vibrant gaming community. With its immersive VR games, Undeads takes the gaming experience to another level. In the year 2035, in the heart of New Arc City, the Rubicon Lab's experiment on a bioweapon takes a disastrous turn as the HÈL virus escapes the laboratory. Spreading rapidly throughout the metaverse, the virus causes chaos and alters people in diverse ways. Some turn into mindless predators with an insatiable craving for flesh (Zombie NPC), while others, known as Smart Zombies - Zombie Players, retain their intellect but are driven by an instinctive thirst for flesh.

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CryptantCrab - NFT Game Review

CryptantCrab - NFT Game Review

CrypantCrab is an NFT game where gamers can play to earn by creating their own crab NFTs.Each crab is a unique piece of art with different qualities based on different base elements like fire, metal, earth, spirit, and water. Each crab has the ability to mutate one body part and grow a new power. It costs 1 cryptant to mutate a crab but it has minute possibilities of turning into a rare mutation. However, there is only a 5% chance of that rare mutation, however, this percentage of chance can grow with each attempt. Another way of mutating the crabs is xenografting but it will cost 5 cryptants. Moreover, the crabs can be bred to create new crabs with their own uniqueness. These NFT crabs are put together in fights and like card games, the battle begins. Battles are won based on the power of each crab and the variation in its elemental special abilities. The crabs that die in the battle are not a complete waste. Some of their body parts can be used to power up other crabs, creating new unique features and powers. The game finds its tradition in real-life animal sports called Beta Fish Fight in South East Asia which is a popular crab fighting match. Finally, train, mutate, or challenge other NFT crabs. Go play, CrypantCrab.

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Heroes of NFT: Turn-Based Collectible Card Game on Avalanche

Heroes of NFT: Turn-Based Collectible Card Game on Avalanche

"Heroes of NFT" is an innovative trading card game hosted on the Avalanche-AVAX blockchain, offering players a strategic and collectible card gaming experience. The game sets itself apart by emphasizing planning and strategy over luck, introducing unique in-game elements like spell cards, weapons, and cosmetics to enhance hero power and customization. These in-game items can also be traded on a marketplace, contributing to the in-game economy. The game employs play-to-earn mechanics, allowing players to earn rewards and actively participate in shaping the game's direction through governance tokens (HON). Additionally, HRM tokens and spell cards can be earned through gameplay, creating a dynamic community and in-game economy. Stakers can also profit from character NFTs with HON tokens, adding engagement beyond traditional gaming. In "Heroes of NFT," players are presented with a multifaceted gaming experience. They are driven by play-to-earn mechanics to lead their heroes in missions for survival and prosperity in a new world. The game operates on a turn-based collectible trading card system, with strategic thinking at its core. Players construct decks of 10 cards, with HoN cards appearing prominently. These decks can be used in battles against other players or AI bots. The cards are divided into two types: attack and defense, with rarity levels ranging from common to legendary. The power of these cards is denoted by sword and shield icons, respectively. Moreover, the game commits to reinvesting up to 80% of NFT card revenue back into its ecosystem tokens post-launch, promoting sustainability. Tokenomics play a vital role in the "Heroes of NFT" ecosystem. The game operates as a self-contained economy, with interdependence between NFT assets, $HON tokens, and $HRM tokens. $HON, an Avalanche Native cross-chain token, serves as the primary trading currency in the marketplace, facilitates governance, provides access to ranked games, enables staking for NFT item cards, and fuels farming incentives. On the other hand, $HRM tokens come in three variants and are used for in-game items, including one-time-use spell cards, ensuring a continuous supply. The equilibrium of this ecosystem relies on the harmonious interaction of these essential components. The community's response to "Heroes of NFT" has been largely positive, with players recognizing its potential as a strategy game and expressing interest in investing. However, some players have raised concerns about the cost of entry, with one user noting that it would cost them $281 just to start playing the game. Despite these concerns, the $HON token has garnered significant enthusiasm within the community.

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Paradise Tycoon: Harvest Season: Relax, Build in a Web3 Paradise

Paradise Tycoon: Harvest Season: Relax, Build in a Web3 Paradise

"Paradise Tycoon" is a web3 game that offers players a relaxing and enjoyable gaming experience without battles. In this virtual paradise, players farm, gather resources, and craft items for trade in a tranquil web3 setting. The game also allows players to acquire more land and hire crew members, providing opportunities for NFT sales. The game's native token, MOANI, allows players to earn real rewards in the metaverse without conflicts. Players can focus on resource collection, upgrading their home villa and beach, and constructing production buildings. The introduction of an NFT crew system enables players to train, equip, and enhance production. "Paradise Tycoon" fosters a social atmosphere with neighborly collaborations, friend invitations, and community events. Players can customize their avatars, chat with each other, and transfer NFTs to future games within the shared metaverse. The game's updates, integration of player feedback, seasonal events, and limited-time offers keep the community engaged and excited. Rare items available during these events enhance the overall experience. The game's narrative begins with the protagonist receiving a letter declaring them the recipient of a free paradise island, despite having no memory of entering any contest. They embrace this unexpected opportunity and set off to an uninhabited island near Port Ohana to assist in its revival. "Paradise Tycoon" offers a well-balanced game loop that combines resource collection, crafting, trading, construction, questing, and social engagement. This balance keeps players engaged and provides a continuous sense of advancement. Gathering resources is essential, starting on one's island and extending to shared lands and the outworld. Crafting allows players to create better tools and items crucial for unlocking higher-tier resources and buildings. Construction involves using resources and Moani tokens to build various structures, enhancing production capabilities and leaving an impression on neighbors. Surplus resources can be traded in the marketplace or with other players, dynamically shaping the in-game economy. Quests add adventures, rewards, and discoveries to the player's journey, ensuring ongoing progress. Interacting with fellow players enriches the experience, promoting cooperation, friendly competition, and contributions to the game's social fabric. The game's native token, $MOANI, plays a central role in governance and utility and can be earned through auctions, quests, and player-organized events and competitions. The community response to "Paradise Tycoon" has been positive, with players appreciating the relaxing and immersive experience it offers. Comments from players express enthusiasm for building a virtual life in the paradise islands and enjoying the benefits of earning Moani tokens while doing so.

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Owloper - Game Review

Owloper - Game Review

Owloper is a Play-to-Earn, community-first, Idle & Active gaming project with NFTs and upgradeable NFTs. Owls are famous for their calm nature. To them, silence is crucial. Additionally, they have keen vision and hearing. They have fairly huge eyes through which they can see in very low light. The name of the Owloper series comes from these enigmatic owls as well as the names of the designers, artists, and collectors who spend their nights working on similarly enigmatic projects.

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Play To Earn Games: Best Blockchain Game List For NFTs and Crypto

Play-to-Earn Game List
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