The emerging blockchain trend of non-fungible tokens (NFTs) isn't going away, and you can leverage a new cryptocurrency project, Metacryp (MTCR), alongside Shiba Inu (SHIB) and ApeCoin (APE) to enter the NFT market.
Like any emerging technology, NFTs encounter their fair share of skepticism. However, while some people might find it difficult to recognize the value of a digital image or other such items, others have dived right in, with NFT revenues surpassing $17 billion in 2021.
These innovative digital assets give artists a new perspective on monetizing their art. In addition, other people have created highly successful businesses out of purchasing, selling, and trading NFTs.
This new wave of innovation introduces fresher approaches to help transform and improve countless lives across the globe, with many established crypto platforms and newer ones joining the revolution.
This article explores Metacryp (MTCR), Shiba Inu (SHIB), and ApeCoin (APE) and how they offer low entry into the NFT market.
Launched in 2020, Shiba Inu (SHIB) is a dog-themed meme project inspired by the success of the Dogecoin (DOGE) project.
Shiba Inu (SHIB) has since soared, presently ranking 14th in the cryptocurrency market by market cap, thanks to its vibrant online community.
However, contrary to the popular narrative that portrays Shiba Inu (SHIB) as a simple meme coin driven by community hype, particularly Elon Musk's tweets, the Shiba Inu (SHIB) ecosystem has expanded to support non-fungible tokens (NFTs).
Earlier in 2022, Shiba Inu (SHIB) announced the launch of its NFT and metaverse platform, ShibaLands, a virtual real estate crypto platform comprising 100,595 different pieces of non-fungible land.
Landowners in the Shiba Inu (SHIB) metaverse will be able to earn passive income and rewards and gather in-game resources.
The crypto platform released the first set of NFT Land plots consisting of 36,431 plots divided into four categories — Diamond Teeth, Platinum Paw, Gold Tail, and Silver Fur.
The project offers users a low-entry point into the NFT market, with the SHIB NFT lands priced between 0.2 ETH and 1 ETH. Furthermore, the trinity of Shiba Inu's (SHIB) token system—SHIB, LEASH, and BONE—will play significant roles in its NFT and metaverse platform's operation.
Launched in March 2022, ApeCoin (APE) is the ERC-20 utility currency of the APE ecosystem, a collection of NFT assets owned by Yuga Labs. The collection includes the viral Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) collections.
ApeCoin (APE) will be responsible for minting new Yuga Labs projects and powering other transactions within the APE ecosystem.
Trading just above $5 at the time of writing, ApeCoin (APE) offers holders a low entry into the NFT market, as ApeCoin (APE) facilitates governance within the APE ecosystem and grants token holders the power to influence the project's administration and development through the ApeCoin DAO.
The gaming industry had a fantastic year in 2021, as total revenue surpassed $180.3 billion. The industry's future has never been more promising. However, it requires a new market perspective to progress, which Metacryp (MTCR) offers.
Metacryp (MTCR) is a new Play-to-Earn (P2E) crypto platform allowing users to enter its metaverse via NFTs. Users will also be allowed to own different aspects of
the metaverse, including avatars and virtual lands, and can customize their avatars or build and explore their lands.
The project's P2E nature greatly benefits those in situations where finding paid work may be challenging, and opportunities are limited.
Users can earn or acquire crypto and NFTs in P2E games, which can then be exchanged or sold on the market. Each player can earn more items or tokens to sell and generate an income by playing the game regularly.
Currently on pre-sale, Metacryp (MTCR) offers the crypto community a low entry into the NFT market, as its MTCR token price is cheap. In addition, it offers exciting bonuses to encourage buyers, including a 32% to 62% bonus on their first three purchases.
Metacryp (MTCR), Shiba Inu (SHIB), and ApeCoin (APE) represent low-entry projects that crypto enthusiasts can use to leverage the NFT market.
While Shiba Inu (SHIB) and ApeCoin (APE) are leaders in the cryptocurrency market, Metacryp (MTCR) has the opportunity to compete and perhaps even surpass them after its launch.
The Metacryp (MTCR) pre-sale is gathering momentum and selling out fast, which means you might miss out if you don't buy now. For more information on Metacryp (MTCR), follow the links below:
Presale: http://presale.metacryptoken.io/
Website: http://metacryptoken.io/
Telegram: https://t.me/MetaCrypOfficial
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.