Metaverse Crypto Coin Metacraft Price Up Over 3600% In Last 24 Hours – The VR Soldier

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While most Metaverse crypto coins are experiencing bearish momentum this weekend as Bitcoin and Ethereum seek support, Metacraft’s price has risen over 3600% in the past 24 hours alone. Let’s take a closer look at Metacraft and its MCT token and see why the price is going up so much today.

What is Metacraft?

Metacraft is a blockchain version of Dungeons and Dragons, combining aspects of Gaming, NFT, DeFi, Marketplace and community governance. MCT is the native BEP-20 token on the platform powering the Metacraft ecosystem.

The game revolves around daily mining, dungeon challenges, team fights, and role mergers. Players can select a profession and upgrade their character with various attributes.

The game is currently in development with the ecommerce market and online leaderboards slated for launch in Q1 2022 and the latest online PVP mode is slated to launch in Q3 2022.

Why is the price of Metacraft increasing?

The most recent news from the Metacraft team is their updated roadmap which they posted on their Twitter:

🔥 Check out our latest #MetaCraft ROADMAP! ??

Exciting things to come over the next three quarters.

Q1: Online copy function, commercial market, attribute merge function, ranking

Q2: Online team dungeon, equipment system

Q3: Battle screen, PVP function # MetaverseGaming pic.twitter.com/b3uCb3fwIP

– MetaCraftGame🎮 (@MetaCraftEN) January 7, 2022

Additionally, MCT was recently listed on the XT Exchange, which gave the project further bullish momentum.

Most of the trading volume comes from CoinTiger, a Singapore-based cryptocurrency exchange, which generated over $ 13.4 billion in volume in the past 24 hours.

At the time of writing, the MCT is trading at $ 2.20, up over 3,000% in the past 24 hours. What is more impressive is the high transaction volume of over $ 1 million, most of which comes from CoinTiger and XT.com. Additionally, MCT is available for purchase on PancakeSwap. The contract address is:

0xdF677713a2C661ECD0b2BD4d7485170Aa8c1ECeB

With a self-reported outstanding supply of 51.4 million tokens and a current price of $ 2.20, MCT’s market cap is approximately $ 100 million.

There is no doubt that at present, the hype and FOMO primarily determine the price of MCT, as there is currently no working product that users can test. However, the volume of trade and trades already listed on Metacraft make this a great project to watch in 2022.

If the team keeps their promise, there is no doubt that MCT can easily reach much higher valuations.

Disclosure: This is not trading or investment advice. Always do your research before buying a cryptocurrency.

Also read:

Top 10 Metaverse Cryptocurrencies Under $ 1 To Watch In 2022

Follow us on Twitter @thevrsoldier to stay up to date with the latest cryptocurrency news!

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