Experts Believe This New Metaverse Crypto RobotEra Can 20x by 2023 – Find Out More
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
New metaverse and play-to-earn project RobotEra has crypto analysts extremely excited after it launched to huge hype last week.
RobotEra, which we've also named the best new NFT project to buy, will enable players to generate multiple revenue streams from the ecosystem away from simply offering rewards for gaming.
It combines NFT ownership, metaverse land building and a play-to-earn element that should see players flock to get in.
RobotEra is currently in the first stage of its presale with TARO tokens available for just $0.02.
Experts and analysts are excited by the project for a number of reasons, with GameFi tokens being more resistant to drops in price throughout the 2022 bear market.
While some coins have lost more than 90% of their value from their peak bull run highs, GameFi projects have fared slightly better due to their long-term potential and use case even in down markets.
With RobotEra currently selling for $0.02 during stage 1 of its presale, a 20x from this point would mean the coin was trading at above $0.40.
The project, which has a doxxed and verified team and audited smart contract, has a total supply of 1.8 billion TARO tokens meaning RobotEra would need a market cap of way under $1 billion to reach that number.
In fact, a large amount of the tokens are also going to be locked and vested over a period of five years - unlocked each month linearly - meaning the supply will not be at max upon reaching exchanges.
While we are currently in a bear market, traders and experts are expecting the crypto market to make a recovery in 2023 as we head to the next Bitcoin halving
Read more on cryptonews.com
