Cryptocurrency is a rapidly developing industry, mostly due to its ever-changing environment and advancements. Metaworlds and digital universes appear to be the next great step for cryptocurrency. Three new cryptocurrencies of opportunity we are examining today are HUH Token, Decentraland MANA, and Axie Infinity.
From genetic NFTs in Axie Infinity to virtual real estate in Decentraland (MANA), creating a world of potential within the industry which is establishing a new culture in the cryptosphere. Axie Infinity is a game that combines trade and combat on the blockchain. The idea was inspired by games like Tamagotchi and Pokémon, enabling the players of this game to trade, fight, nurture, breed, and collect adorable token-creatures called Axies. They appear as various types and even more have even more replaceable body components. These pieces come in varying rarities- from common to legendary. This offers a huge range of variety and applicable individuality for each species.
The Axies are all non-fungible tokens (NFTs) that may be sold and exchanged on a decentralised market. Some users in Vietnam have even managed to make enough money from this game to buy a home. Speaking of property, the freshly branded Decentraland MANA is a digital reality platform that is run by the Ethereum blockchain. Users on this game may play, monetise and even create unique experiences for other gamers. The program runs by enabling the players to acquire land; they can then utilise in-game items to fill their property in whatever manner they choose. After they have done this, they can then monetise and charge individuals to access the area for a fee or even sell the land back.
The “Metaverse” is split into about 90,000 locations. The Token used within the game to mark and supply these places is called LAND. Each square is sixteen by sixteen metres in size and is allotted its exact coordinates in the world. The second Token utilised is known as MANA, and it is how the world is governed, the rule being those with more MANA are the ones who are able to dominate the virtual political atmosphere. This cryptocurrency received a lot of attention when Facebook recently announced its own redesign into the Metaverse. It inspired MANA to attain it’s peak value of $4.16 on the 30th of October. According to coinmarketcap.com, it is resting at roughly $3.00 at the moment as the inaugural buzz begins to wear away. However, this redesign might be triggering more of a cultural change which will lead to cryptocurrencies like Decentraland and Axie Infinity into the forefront.
Another new cryptocurrency that has announced that it’s launching is HUH Token. It has not announced it’s roadmap as of yet, but there are whispers regarding the path it wishes to go down. HUH Token is prepared to debut on the 6th of December and is expected to leverage on the Christmas fervour of the crypto market growth. The ideals it has immersed itself in look comparable to the community-led principles that Decentraland and Axie Infinity strive to implement. One of these innovations is HUH Token’s referral system, it is a new and original technique toward creating generational wealth that enables users to generate two unique sources of independent income.
The referral plan will offer an owner of the coin a code which they can then pass on to someone else, who may then acquire HUH Tokens at a reduced tax cost. Ten per cent of that purchase will then flow into the wallet of the person who recommended, as BNB. This chain may then multiply since the new owner will obtain a referral code they can pass on. As you can see, this self-named ‘Utimeme’ has some fantastic possibilities with the capability to launch a true moon shot, with a culture of giving and a Metaverse of promise. Being both a utility and a meme coin might be the next major breakthrough in the cryptosphere. They are not alone in this struggle. They will be going to war with famous names like Shiba Inu and Dogecoin.
Regardless of the competition, the ever-changing world of cryptocurrency enables it to adapt and overcome most difficulties. The more innovations and new currencies like HUH Token are introduced, the more varied and solid the world of decentralised finance develops, and that can only be regarded as a good opportunity for all investors involved.
Follow HUH Token on their Socials before they Launch:
Presale: https://huh.social/presale/
Website: https://huh.social
Telegram: https://t.me/HUHTOKEN
Twitter: https://twitter.com/HuhToken
Instagram: https://www.instagram.com/huhToken/
