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Metaverse ETP Price Prediction 2022-2031: Is ETP a Good Investment?

metaverse etp

Metaverse ETP- also known as Metaverse $Entropy – is the native digital cryptocurrency of the Metaverse ecosystem, a public blockchain. Entropy is a technical term in Physics (thermodynamics) that discusses the degree of randomness in a particular system, which might describe the blockchain-as-a-service (BAAS) platform.

The primary purpose of the ETP cryptocurrency is to offer security and facilitate utility within the metaverse blockchain. It essentially incentivizes users to stake and mine. Being a Chinese cryptocurrency, Metaverse shills have been saying that it will likely have a bull run similar to NEO and WaltonChain.

Here’s the thing, the whitepaper is full of grammatical and syntax mistakes, inconsistent logic, and outright pointless text, but it was defended by shills saying the NEO and WaltonChain were also poorly written.

NEO already had a finished product by the time it pumped and filled a niche as the “Chinese Ethereum” to speculators. Every blockchain requires activity to prosper, and enough incentives must be given to miners and stakers to facilitate constant movement within the blockchain network.

Essentially, by providing ETP as a digital cryptocurrency that can appreciate value as the market capitalization increases as supply and demand increase, investors can grow their digital investments and use them to pay Metaverse bills.

Today’s Metaverse ETP price today is $0.042621 with a 24-hour trading volume of $52,749.52. Metaverse ETP is up 11.48% in the last 24 hours. The current CoinMarketCap ranking is #1058, with a live market cap of $3,430,560. It has a circulating supply of 80,490,401 ETP coins and a max. supply of 100,000,000 ETP coins.

What is Metaverse ETP

Metaverse ETP Price Prediction 2022-2031: Is ETP a Good Investment? 1
Image Courtesy of Metaverse Website; Mvs.org

The ETP, the native digital cryptocurrency of the Metaverse blockchain, has been in existence since 2018. The Metaverse identifiable cryptocurrency has a circulating supply of 100 Million ETP tokens. The least possible denomination for an ETP cryptocurrency is 10^-8.

The Metaverse cryptocurrency, ETP, glorifies itself by its unique implementation as a measure of digital assets through Metaverse Smart Token (MST) while also being utilized in blockchain transactions as collateral. It cleverly uses blockchain new technologies such as a smart contract, a digital identity such as Avatar, smart property, and a unique Metaverse ETP cryptocurrency stored in a hardware wallet.

The Metaverse blockchain only allows payments in ETP, which comes in handy for ETP holders. Transaction fees are charged on various activities on the blockchain to ensure ETP is continuously used.

Cryptocurrency investors are often interested in the overall distribution mechanism utilized. Below is a detailed analysis of ETP Tokenomics and how they impact the current price of ETP cryptocurrency in the ETP Metaverse.

Metaverse ETP distribution and tokenomics

Metaverse ETP Price Prediction 2022-2031: Is ETP a Good Investment? 2
Image courtesy of Metaverse Foundation 2018 Whitepaper

Tokenomics and coin distribution mechanisms have a massive impact on any blockchain project’s future value and success since it determines the foundational structure of a digital asset’s success. Transactions on the Metaverse require users to pay using ETP, giving them their governance responsibility.

The ETP cryptocurrency is distributed using several methods that overall sum up as a more elaborate distribution mechanism than various blockchains.

The ETP cryptocurrency is distributed in three significant ways:

  1. Deposit Interest Rewards system
  2. PoW mining rewards system
  3. Community and ICO.

The deposit interest reward system is essentially a staking mechanism that allows users to earn more, in the form of interests, by depositing ETP tokens for a specific period. Twenty million ETP tokens are reserved to facilitate the deposit interest rewards feature.

Alternatively, there is the PoW reward mechanism; these are targeted ETP tokens that facilitate the development and growth of the Metaverse network. The PoW reward scheme is allocated 30 million ETP tokens that will be rewarded to miners for interacting with the blockchain.

Finally, the ICO and community distribution method has a total supply of 25 million ETP tokens. These ETP tokens are offered to early investors in ETP’s Initial Coin Offering. Additionally, other 25 million ETP tokens are set apart to develop and support Metaverse-based blockchain projects through the Metaverse Foundation.

How do I get Metaverse ETP?

ETP is relatively widespread and has witnessed an increase in USD value since its introduction to the crypto exchange. The ETP cryptocurrency is currently available in many cryptocurrency exchanges such as HitBTC and Bitfinex altcoin exchange.

Also, other cryptocurrency exchanges like TopBTC, MEXC, and Coinsuper allow users to buy and sell ETP in high volume.

Since Metaverse blockchain provides a foundational infrastructure to third parties with enterprise and social requirements, it has a long-term impact on the future of blockchain technology, giving investors a chance to bet on long-term value appreciations.

Metaverse ETP Use Cases

The Metaverse has grown over the years and morphed over the years since its inception. The old Metaverse blockchain has been redesigned to include new revolutionary features.

The new Metaverse network is focused on the infrastructure layer of the blockchain and is primarily focused on revolutionizing the decentralization of the Metaverse blockchain. The new Metaverse network requires little ETP for transactions and deployments to support developers.

Developers can deploy decentralized applications by paying reduced costs compared to the previous blockchain. These improvements allow for the rapid growth of the blockchain network by increasing overall transactions within the blockchain network.

Metaverse token, ETP, miner fees, and transaction costs

Metaverse ETP Price Prediction 2022-2031: Is ETP a Good Investment? 3
Image Courtesy of Metaverse ETP Litepaper

One improvement from the old Metaverse blockchain is the reduction in transactions costs. The Metaverse blockchain previously charged slightly higher transfer costs, making it difficult for decentralized app developers to deploy on the platform.

The Metaverse ETP fees for miners vary depending on the miner. Miners and developers receive reward values in ETP every hour.

The fees essentially range from o.65% for miners like Phoenix and Lolminer to 1% for miners such as Nanominer and TeamRedMiner. It is essential to note that these are costs for mining the Metaverse hyperspace.

Metaverse ETP Price History

Image Courtesy of CoinMarketCap
Image Courtesy of CoinMarketCap

Metaverse ETP’s market value has risen significantly since its launch. The digital cryptocurrency experienced steady growth in ETP value but has also experienced a significant reduction in ETP value during the bear market.

When looking at the all-time price history and technical analysis of the ETP value, it is clear that it has generally had a bearish trend. The highest prices ever recorded for Metaverse ETP were back in 2018 when it was launched on the cryptocurrency exchanges.

However, the market cap has shifted significantly upward and downward depending on the prevailing market sentiments. The bearish trend that began in mid-2019 has since led to an imminent fall of the ETP value, reducing the cryptocurrency’s total market cap.

The value reduction could be attributed to the change in the cryptocurrency’s native blockchain requiring users to transfer their ETP tokens that underpin transactions.

The Metaverse platform prides itself in its unique implementation of digital identities like the Avatar. The ETP value could pick up from its bearish trend due to the promising decentralized finance features that form the foundational infrastructure of the Metaverse blockchain.

Metaverse ETP Technical Analysis

Metaverse ETP Price Prediction 2022-2031: Is ETP a Good Investment? 4

Metaverse ETP price analysis shows rising signs as the market shows massive upside potential. The bulls have regained their control of the Metaverse ETP market, which will change the course of the market for the better, and ETP now expects the bullish period to take over in the next few days. However, the bears will do everything they can to regain control. As a result, the ETP price has experienced extreme increasing dynamics in the last few hours.

The market shows the price of Metaverse ETP crashed yesterday to the $0.0375 mark but spiked soon after to $0.0395. Metaverse ETP continues a positive movement. However, the next day, Metaverse ETP prices spiked and reached $0.0398. ETP currently trades at $0.0386.

Metaverse ETP price analysis has experienced a fluctuating movement in the last few days. However, with the volatility increasing. Moreover, as the volatility opens, it makes the value of the cryptocurrency more volatile to change. As a result, the upper limit of the Bollinger’s band rests at $0.0393, serving as the most substantial resistance for ETP. Contrariwise, the lower limit of the Bollinger’s band rests at $0.0334, serving as the strongest support for ETP.

The ETP/USD price appears to be crossing over the Moving Average curve, displaying bullish momentum. However, the support and resistance are opening up, indicating increasing volatility with massive chances of maintaining a positive trend. Hence, the price moves upwards towards increasing characteristics.

The Relative Strength Index (RSI) score appears to be 55, showing the cryptocurrency’s stability. It falls in the central neutral region. However, the RSI score follows a linear movement signifying a consistent market and gestures toward stable dynamics. The increasing RSI score indicates buying activity equal to selling activity.

Metaverse ETP price analysis shows bullish momentum and further bullish opportunities. Moreover, the bulls have shown their deterrence and might take control of the market soon for the long term as the market shows massive signs of any change. Therefore, according to this analysis, Metaverse ETP is expected to have a promising future, with the bulls taking the bears completely out of the picture.

Metaverse ETP Price Predictions by Authority Sites

Digital Coin Price

According to Digital Coin Price’s Metaverse ETP forecast, the average trading value of ETP coins has decreased by more than 37% this year. According to the website, the Metaverse ETP is expected to trade at its highest price this year in October, at $0.0523, in August. The average selling price of ETP tokens in 2023 will be $0.0554. It will cost $0.0564 at its highest and $0.0522 at its lowest points. ETP will trade at an average price level of $0.0755 in 2026. It will have a range of $0.0650 to $0.0783 as its pricing. The average selling price of the ETP in 2031 will be $0.20. Its price will range from $0.19 to $0.22 at its lowest and highest points, respectively.

Wallet Investor

On Walletinvestor, a large range of digital currencies, including Metaverse ETP, have future values predicted using technical analysis. Metaverse ETP price forecast suggests that the cryptocurrency may be a poor, high-risk alternative for investors searching for virtual currencies with a decent return after a year. On July 22, 2022, the price of the Metaverse ETP was equivalent to $0.0394; nevertheless, further devaluations of your investment are possible.

GOV Capital

As of Friday, July 22, 2022, the ETP’s current price is $0.0388, and according to our statistics, the asset’s price has been declining over the previous 12 months. Since Metaverse ETP has been trending downward, we assume that similar market categories were not very well-liked over the time frame. This implies that if you made an investment of $100 today, it might not be worth anything on July 22, 2022. This indicates that you shouldn’t add this asset to your portfolio because trading in bear markets is always more difficult, especially for novice traders.

Cryptopolitan

Metaverse ETP Price Prediction 2022-2031: Is ETP a Good Investment? 5
Metaverse ETP Price Prediction 2022-2031: Is ETP a Good Investment? 6

Metaverse ETP Price Prediction 2022

In 2022 the price of Metaverse ETP is predicted to reach a minimum price of $0.057. The Metaverse ETP price can reach a maximum price level of $0.065 with an average trading price of $0.059.

Metaverse ETP Price Prediction 2023

The price of Metaverse ETP is predicted to reach a minimum price of $0.088 in 2023. The Metaverse ETP price can reach a maximum cost of $0.099 with an average price of $0.090 throughout 2023.

Metaverse ETP Price Prediction 2024

In 2024 the price of Metaverse ETP is predicted to reach a minimum value of $0.12. The ETP price can reach a maximum value of $0.15 with an average trading price of $0.12.

Metaverse ETP Price Prediction 2025

The price of Metaverse ETP is expected to reach a minimum level of $0.18 in 2025. The ETP price can reach a maximum level of $0.21 with an average price of $0.19 throughout 2025. 

Metaverse ETP Price Prediction 2026

Metaverse ETP price is forecast to reach the lowest possible level of $0.27 in 2026. As per our findings, the ETP price could reach a maximum possible price of $0.31 with an average forecast price of $0.28.

Metaverse ETP Price Prediction 2027

In 2027 the price of Metaverse ETP is forecasted to be around a minimum of $0.39. The Metaverse ETP price can reach a maximum of $0.47 with an average trading value of $0.40.

Metaverse ETP Price Prediction 2028

The price of Metaverse ETP is predicted to reach a minimum value of $0.56 in 2028. The Metaverse ETP price could reach a maximum value of $0.69 with the average trading price of $0.58 throughout 2028.

Metaverse ETP Price Prediction 2029

In 2029 the price of Metaverse ETP is expected to reach a minimum price of $0.84. The ETP price can reach a maximum price of $0.98 with an average value of $0.86.

Metaverse ETP Price Prediction 2030

The price of Metaverse ETP is predicted to reach a minimum value of $1.24 in 2030. The Metaverse ETP price could reach a maximum value of $1.44 with an average trading price of $1.28 throughout 2030.

Metaverse ETP Price Prediction 2031

Metaverse ETP price is forecast to reach the lowest possible level of $1.83 in 2031. As per our findings, the ETP price could reach a maximum possible level of $2.17 with the average forecast price of $1.90.

Metaverse ETP Price Predictions by Industry Influencers

Doctor crypto gives Metaverse ETP future price forecast from 2022 to 2030.

Conclusion 

The Metaverse ETP cryptocurrency is a fascinating but unquestionably riskier digital asset than well-known Alts such as Ethereum. The Metaverse blockchain has a long-term influence on the development of blockchain technology since it gives a core infrastructure to third parties with corporate and social requirements, allowing investors to gamble on long-term value appreciations.

Metaverse ETP at its current pricing is down over 75% this year. The coin, however, has utility and should start recovering in bull markets.  ETP coin is down over 99% from its ATH and will take over 10 years to breach this price. Investors can, however, expect a bullish ETP trend from 2023.

Conclusion

One of the less well-known cryptocurrencies, Metaverse ETP, has recently attracted a lot of attention as a result of its ascent in the market cap rankings.

The goal of Metaverse is to establish a financial system in which, with the aid of a valued intermediary, your digital identity and digital assets serve as the basis for financial exchanges. It’s a novel viewpoint that has the potential to fundamentally alter not only financial transactions and services but also the blockchain ecosystem as a whole.

Metaverse ETP price is forecast to reach the lowest possible level of $1.83 in 2031. As per our findings, the ETP price could reach a maximum possible level of $2.17 with the average forecast price of $1.90.

The ETP price is projected to rise as more information about the new Metaverse blockchain becomes available. Due to the unique properties of its new parent blockchain, such as digital identities like Avatar, it might rapidly grow. In general, investors should exercise care when investing in assets with low trading volumes, such as Metaverse ETP. Before investing in Metaverse ETP or any other cryptocurrency, it is advisable to obtain investment advice and complete thorough research.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

FAQs

What is the relevance of Metaverse ETP in 2022?

Metaverse ETP advances blockchain development and stretches the technology to further limits. The innovative nature of the Metaverse allows it to develop a virtual universe whereby Digital assets such as Metaverse Identifiable Token and Metaverse Smart Token can be used alongside digital identities like Avatar as a base for asset transactions through intermediaries (Oracles).

Is ETP a good investment for the long term?

Cryptocurrency enthusiasts interested in ETP can invest in the ETP cryptocurrency for the long-term potential. Based on value prediction data, the ETP cryptocurrency may benefit from the new changes in its parent blockchain that allows investors to deploy several decentralized applications, increasing the use cases of the ETP cryptocurrency and overall demand for the digital asset. The Ripple effect will cause an increase in its value, which in turn will increase the value of ETP.

is the Metaverse blockchain project still active?

The old Metaverse blockchain was upgraded to a new blockchain in an attempt to increase its functionality. The token only appreciates its value when the native blockchain is active. The new Metaverse blockchain allows developers to enjoy reduced transaction fees; this single improvement has led to increased activity within the blockchain since more developers can afford to deploy their DaPPs for reduced ETP costs.

Can Metaverse crash?

This is a common question among cryptocurrency investors. Many small market financial transactions blockchain projects invoke fear among risk-averse investors. Some cryptocurrency and blockchain projects may be riding on the hype and can run off with investments after the ICO stage.

Shawn Du'Mmett

Shawn Du'Mmett

Former IT development and consultant, remote team and collaboration expert, PM, CCO, writer, dreamer, idealist looking to collaborate with global teams on a global teal/turquoise organisation. Shawn's dream is working together openly, to get what writers need and want, and to solve biggest global problems. He is building a collaboration system from the start that everyone can own and define, allowing them to work together, to decide how it works and to their highest ideals.

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