Three quarters into this year, the markets have not been all sunshine for cryptocurrencies, with Bitcoin (BTC) closing August at under $20k, which still shows a massive fall from its all-time high of $69k. The bear market has lasted for quite a while now, but there are signs of its waning hold as the curtains are closing in to usher the bulls in.
During bear markets, the value of cryptocurrencies drops drastically, making any crypto-related activity riskier and thus undesirable. The present bear market is not as simple as its forebears were, resulting in several shifts in the sector.
Bear markets for cryptocurrencies can be especially challenging for inexperienced traders. It is not uncommon for certain currencies to lose a large chunk of their value after reaching an all-time high. The price movements in crypto are often much more volatile than in traditional stock markets. and in the heat of all this, crypto market participants might make numerous missteps while entering the charts or crypto assets for the first time or when they lack the necessary information. This is why it might be helpful to gain insight from others who have lived through previous cycles and anticipate and avoid making the same errors.
One way to approach the market better is first to seek out the best projects you might relate to and feel comfortable cheering on to the moon. You want a 100X, and that’s okay; there’s no shame. You have taken the step to do your research, and that’s why you’ve found yourself on this webpage.
Here, we’ll be reviewing three altcoins that have the potential to make your 100X wish come through. These projects have been on the radar and have stirred up a lot of buzz in the crypto community. They are; Metamortals (MORT), Decentraland (MANA), and The Sandbox (SAND).
What is Metamortals?
An amazing Web3 game called Metamortals (MORT) has recently gained popularity across the digital universe. In contrast to other games designed for Web3, this one is truly unique. The possibilities of a truly decentralised financial system extend far beyond the realm of game design in the Metamortals (MORT) reality. Participants can stake their tokens in a liquidity pool for good returns on the platform.
Play-to-earn mechanisms have a wide variety of potential applications in the gaming portion of Metamortals (MORT), which is depicted as one of the most vital components of the ecosystem. The ecosystem will feature both player versus environment (PvE) and player versus player (PvP) game modes, and it will work to bring together experienced and novice gamers.
MORT, the native currency of the Metamortals project, can be purchased with in-game items once they have been obtained. The Metamortals (MORT) network is designed to appeal to many users by incorporating such features. It also has the potential to serve as an incubator for the creation of innovative blockchain applications and programs.
Why Should You Buy Metamortals Tokens?
Metamortals can be categorized under a sect of blockchain-based projects called GameFi. The GameFi space has seen a lot of success since the lockdown, with crypto games like Axie Infinity (AXS) coming to the limelight and setting the path for the growth and development of this branch of crypto projects. The gaming community provides thousands of hectares of untilled grounds for crypto projects. Metamortals (MORT) sees this, and the team behind the project has taken it upon themselves to be pioneering crypto leaders in the video game industry.
Simply by playing Metamortals (MORT), players have the opportunity to acquire virtual items that have an equivalent value in the real world. Spending time playing the game, accomplishing in-game tasks, meeting in-game goals, levelling up, and several other activities are good ways to accumulate these assets. After removing these assets from the game, they can be dealt with in one of the several NFT marketplaces where they can be bought, sold, or exchanged, a money-making opportunity for gamers, novices, and experts alike.
Subscribers of the Metamortals (MORT) network have access to a decentralised exchange through which they can trade their tokens directly with one another, bypassing the need to go through an intermediary when trading on a centralised exchange. Compared to what is offered on platforms that are part of central exchanges (CEX), the trading fees associated with using the Metamortals (MORT) are meager.
Bonuses and MORT’s Economics
The token is now available for purchase through a presale, which will take around 10% of the entire token supply available for purchase. Metamortals (MORT) tokens are capped at 50,000,000 (fifty million) units of MORT tokens. The distribution of these tokens is as follows:
- Play to Earn 40%
- Presale 10%
- Team 10%
- Developers 5%
- Liquidity Pools 20%
- Airdrop 5%.
In addition to the fact that members of the general public will have the opportunity to purchase tokens at a significant discount during the presale, the cost of tokens will almost certainly increase once Metamortals (MORT) has been fully released.
The project promises early adopters a substantial number of additional benefits and enticing deals. Some of these offers include a 10% bonus for purchases using Bitcoin (BTC) and a scintillating 64% bonus incentive for fiat deposits of up to $2,500.
How To Buy Metamortals Tokens?
The first step is to own an online wallet. If you don’t have one, you can create one with Metamask if you are a PC user or download the Trust Wallet mobile app from a trusted source like the app store for your operating system (android or iOS).
Make sure your wallet is credited with the accepted crypto options like USDT, ETH, BTC, etc. Refer to Metamortals (MORT) to observe your options. Fill in the empty fields and proceed to connect your wallet. Take advantage of the presale window to accumulate as much as you can before the official release date.
The Virtual Network – Decentraland
Decentraland (MANA) is a blockchain-powered online virtual network and environment. Users can create and own their pieces of land, artwork, and Non-Fungible Tokens (NFT). Participants in the project can also take part in the platform’s decentralized administration.
Because it is a DAO, Decentraland’s users have a say in the platform’s administration. All in-game items and Decentraland’s native coin, MANA, are stored on the Ethereum network. DSecentraland (MANA) is one of the leading crypto projects with an eye for innovation and the zest to contribute to the development of the metaverse. Decntraland (MANA) is a favourite asset to have.
The P2E Platform – Sandbox
The Sandbox (SAND) is a play-to-earn game that is set in a 3D metaverse that incorporates blockchain technology, decentralised finance, and non-fungible tokens (NFTs). Players can develop their games and digital assets and customise them using the free design tools provided by its virtual environment.
The newly minted non-fungible tokens (NFTs) can then be exchanged for SAND tokens on The Sandbox Marketplace to purchase the newly manufactured virtual products. Not only are they able to utilise the virtual commodities to engage with other players, but they are also able to monetize these non-fictional items (NFTs) by exchanging them on the Sandbox Marketplace.
Conclusion
Making 100X of your portfolio is not far-fetched, but with a careful strategy and an eye for picking out the right project, it is very achievable. These three tokens have been dubbed favourites to excel in the year’s final quarter. You should add them to your watchlist.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
