The Meta Masters Guild presale total has now surged to more than $3.3 million, having raised $3 million only yesterday. This acceleration stands as a significant market-wide endorsement of the Web3 play-to-earn gaming guild, which plans to launch its first game in the third quarter of the year.
The presale is currently in its fifth stage, with 1 MEMAG selling at $0.019. However, the sixth stage is due to begin in only two days, with the incoming price rise partly explaining why the sale has sped up and continues to speed up.
The Meta Masters Guild sale continues to pass milestone after milestone. Back on Thursday, the decentralized gaming guild tweeted that it had raised $2.5 million, yet this total has risen to $3.3 million in less than a week.
This works out at about $160,000 per day, yet it's likely this rate will continue accelerating as the sale progresses and nears its end. This is because the price of 1 MEMAG will rise, reaching $0.023 by the seventh and final stage, representing a 228.6% rise over the first stage's price.
The sale has been allocated 350 million MEMAG in total, or 35% of the coin's total maximum supply of 1 billion. There remains every chance that this allocation will sell out by the time the sale finishes, given how quickly it has moved through the gears in recent days.
Interested traders can participate by navigating over to the official Meta Masters Guild website and connecting either their Wallet Connect or MetaMask wallets, before using either ETH or USDT to buy MEMAG.
It's likely that Meta Masters Guild's presale is doing so well because it has come at a time when interest in Web3 and play-to-earn is only rising. The blockchain gaming market has been forecast by analysts to grow in value to $104.5
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