Loading...

Metaverse ETP Price Prediction 2023-2031: Is ETP a Good Investment?

metaverse etp

Most read

Loading Most Ready posts..

Metaverse ETP Price Prediction 2023-2031

Metaverse ETP is the native digital cryptocurrency of the Metaverse ecosystem, a public blockchain

For those unfamiliar with the term, an ETP can be considered a packaging layer around an asset or group of assets, such as bitcoin and cryptocurrencies, which trade on an exchange.

The primary purpose of the ETP cryptocurrency is to offer security and facilitate utility within the metaverse blockchain. It incentivizes users to stake and mine. 

The altcoin is, however, raising concerns, noting their last update on X was made in February 2022. Its website reveals that the last news update was made in September 2020. Investors should exercise caution before investing in Metaverse ETP.

How much is Metaverse ETP worth?

The Metaverse ETP price today is $0.01053, with a 24-hour trading volume of $30,366. Metaverse ETP is up 9.53% in the last 24 hours. The current CoinMarketCap ranking is #3868.

Metaverse ETP price analysis

TL; DR Breakdown:

  • Metaverse ETP is down 55.43% over the last 12 months and 2% over the last 30 days.
  • The chart suggests it will continue trading sideways in the short term.

Metaverse ETP is down about 55.43% over the last 12 months and 2% over the last 30 days. This year, its price fell drastically in May, falling from a high of $0.0255 to a low of $0.0059.

The MACD indicator shows Metaverse ETP registered positive momentum over the last day. The RSI at 47.51 constricted above the neutral level. The indicators suggest it will move sideways.

Metaverse ETP Price Prediction 2023-2032

Metaverse ETP Price Prediction by Cryptopolitan

metaverse etp price prediction 2023 - 2032
YearMinimum Price $Average Price $Maximum Price $
2023$0.0135$0.0142$0.0148
2024$0.0203$0.0210$0.0241
2025$0.0307$0.0317$0.0351
2026$0.0454$0.0470$0.0527
2027$0.0651$0.0669$0.0785
2028$0.0958$0.0992$0.1107
2029$0.1430$0.1469$0.1649
2030$0.2035$0.2094$0.2476
2031$0.2967$0.3072$0.3605
2032$0.4562$0.4685$0.5366

Metaverse ETP Price Prediction 2023

In our 2023 Metaverse ETP price pediction, we anticipate a minimum trading price of $0.0135 and an average value of $0.0142 for the token. We expect Metaverse ETP to experience a surge in value and reach a maximum price of $0.0148.

Metaverse ETP Price Prediction 2024

According to our Metaverse price prediction 2024, we expect a minimum price of $0.0203 and an average price of $0.0210. However, If Metaverse ETP’s growth trajectory persists, we predict its value could reach as high as $0.0241 at its peak.

Metaverse ETP Price Prediction 2025

According to our Metaverse ETP forecast for 2025, the minimum price of Metaverse ETP will be $0.0307, while the average price will be around $0.0317. There is potential for significant growth in the value of Metaverse ETP during this period, with the token possibly reaching a maximum price of $0.0351 by the end of 2025.

Metaverse ETP Price Prediction 2026

According to price prediction for 2026, we expect the minimum price of the coin to be $0.0454 and an average predicted value of $0.0470. We expect Metaverse ETP’s price to surge to a maximum price value of $0.0527 by 2026.

Metaverse ETP Price Prediction 2027

Our Metaverse ETP price prediction for 2027 is a minimum value of $0.0651 with an average trading price of $0.0669. Based on the Metaverse ETP price prediction for 2027, the price could reach a maximum of $0.0785 during the year.

Metaverse ETP Price Prediction 2028

Based on our Metaverse ETP price prediction for 2028, the Metaverse ETP token is anticipated to experience a bullish trend with a predicted floor price of $0.0958 and an average trading value of $0.0992. The highest possible price for 2028 is estimated to reach $0.1107, reflecting a significant increase in the token’s valuation.

Metaverse ETP Price Prediction 2029

Our Metaverse ETP price prediction for 2029 suggests that the minimum price level could be $0.1430. The Metaverse ETP token will experience significant growth, with a maximum potential price value of $0.1649 and an average projected value of $0.1469.

Metaverse ETP Price Prediction 2030

According to our Metaverse ETP price prediction for 2030, the cryptocurrency’s value may drop to a low of $0.2035 by year-end. However, you might sell Metaverse ETP at an average trading price of $0.2094 and the maximum estimated price to reach as high as $0.2476.

Metaverse ETP Price Prediction 2031

Based on our Metaverse ETP price prediction for 2031, the minimum price of Metaverse ETP will be approximately $0.2967, while the average price will be around $0.3072. The maximum estimated value for Metaverse ETP in 2031 will reach $0.3605.

Metaverse ETP Price Prediction 2032

According to our Metaverse ETP price prediction for 2032, the Metaverse ETP coin will rise steadily. However, the minimum price of the coin will be $0.4562. The average trading price is estimated at $0.4685, indicating steady growth. The maximum estimated price for 2032 is $0.5365, showing a potential surge in price.

Metaverse ETP Price Predictions by Walletinvestor

Wallet Investor uses technical analysis to provide the Metaverse ETP price forecast for a wide selection of cryptocurrencies like Metaverse ETP. The platform indicates Metaverse ETP’s past performance index rating as D; it adds that Metaverse ETP would make a bad one-year investment. The expected average price in 2024 will be $0.000461. Metaverse ETP’s return on investment (ROI) will be -95.922% in 2024. In 2025, the ROI will be -88.338%; in 2026, it will be -91.021%; in 2027, it will be -96.831%. According to the analysis, the Metaverse ETP price is bearish over the entire period.

Metaverse ETP Price Predictions by CryptoPredictions

The site scans a coin’s exchange prices and other historical Metaverse ETP market data and analyses it to provide Metaverse ETP coin price prediction.

In 2024, Metaverse ETP will trade at an average price of $0.0241924 in January and $0.0266908 in December. In 2025, Metaverse ETP will trade at an average price of $0.0268878 in January and $0.0288181 in December.

Metaverse ETP Price Predictions by Digitalcoinprice

Metaverse ETP will be on a bullish trend from 2024 to 2032; the maximum value of Metaverse ETP for the entire duration will be $0.22. In 2024, it will trade at a mean price of $0.0281. It will reach a maximum price of $0.0289 and a minimum of $0.0241. In 2027, it will trade at a mean price of $0.0509. It will reach a maximum price of $0.0513 and a minimum of $0.0433. In 2032, it will sell at a mean price of $0.22. It will reach a maximum price of $0.22 and a minimum of $0.21.

Metaverse ETP Overview

Metaverse ETP Price History

Metaverse ETP’s financial market value rose significantly during its launch, registering its all-time high at $6.24 on 6th June 2017. Later, it experienced a significant reduction in ETP. It registered high volatility through 2017 and registered its lowest price at $0.62.

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 coin would pump again in 2018, rising from a low of $0.56 to a high of $3.40. 

The bearish trend in mid-2019 has since led to an imminent fall in the ETP value, reducing the cryptocurrency’s total market cap. The coin fell below $1 during the period and extended the losses into 2020. By 2022, the bear run had forced the coin below $0.1.

ETP continued to register losses in 2023, eventually registering its all-time low price at $0.01149 on June 6, 2023.

Source: https://coinstats.app/coins/metaverse/

More on Metaverse ETP

What is Metaverse ETP?

Image Courtesy of Metaverse Website; Mvs.org

The ETP, the native digital cryptocurrency of the Metaverse blockchain, has existed 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 technologies such as a smart contract, a digital identity such as Avatar, smart property, and a unique Metaverse ETP cryptocurrency stored in a digital wallet.

Metaverse ETP Distribution and Tokenomics

Image courtesy of Metaverse Foundation 2018 Whitepaper

Tokenomics and coin distribution mechanisms greatly impact any blockchain project’s future value and success since they determine 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 as a more elaborate distribution mechanism than various blockchains.

The ETP cryptocurrency was distributed in four ways:

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

The deposit interest reward system is a staking mechanism that allows users to earn more, in the form of interest, 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 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 were offered to early investors in ETP’s Initial Coin Offering. Another 25 million ETP tokens were set apart to develop and support Metaverse-based blockchain projects through the Metaverse Foundation.

How do I get Metaverse ETP?

ETP has been relatively widespread and highly volatile since its introduction to the crypto market. The ETP cryptocurrency is available in various cryptocurrency exchanges, such as MEXC and HitBTC.

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 token, ETP, miner fees, and transaction costs

Image Courtesy of Metaverse ETP Litepaper

One improvement from the old Metaverse blockchain is the reduction in transaction 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 range from o.65% for miners like Phoenix and Lolminer to 1% for miners like Nanominer and TeamRedMiner. It is essential to note that these are costs for mining the Metaverse hyperspace.

Conclusion

The Metaverse ETP cryptocurrency is a fascinating but unquestionably riskier digital asset than well-known Alts such as Ethereum. It has recently lost attention due to its descent in the cryptocurrency market cap rankings. 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.

The coin, however, has utility; it raises questions, noting their X account had no post in 2023.

Investors should generally 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.

FAQs

What is Metaverse ETP?

Metaverse ETP is a public open-sourced blockchain project that aims to provide a foundational infrastructure for social and enterprise needs.

What is the goal of Metaverse ETP?

The goal of Metaverse ETP is to construct a universe where digital assets (Metaverse Smart Token and Metaverse Identifiable Token) and digital identities (Avatar) underpin asset transactions with the help of a value intermediary (Oracle).

What is the maximum supply of Metaverse ETP?

The maximum supply of Metaverse ETP is 100,000,000 ETP coins.

Can Metaverse ETP 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.

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 decision.

Share link:

Alden Baldwin

Journalist, Writer, Editor, Researcher, and Strategic Media Manager:With over 10 years of experience in the digital, print and public relations industries, he has been working with the mantra, Creativity, Quality and Punctuality. In his waning years promises to build a a self sustaining institute that provides free education. He is working towards funding his own startup.As a technical and language editor, he has worked with multiple top cryptocurrency publications such as DailyCoin, Inside Bitcoins, Urbanlink Magazine, Crypto Unit News and several others.He has edited over 50,000+ articles, journals, scripts, copies, sales campaign headlines, biographies, newsletters, cover letters, product descriptions, landing pages, business plans, SOPs, e-books, and several other kinds of content.

Stay on top of crypto news, get daily updates in your inbox

Related News

Cryptopolitan
Subscribe to CryptoPolitan