- summary:
- In the Bloctopia price article, we assess the currency capabilities amid low enthusiasm on metaverse.
Bloktopia has been present over the past four years, but has not lived up to the level of its potential. Initially, the project was built on the Metaverse ecosystem, but the noise around it appears to have been cooled similarly to metaverse. Since it is not a Mimi currency, the Blok rise depends on the attractiveness of its benefit.
What is blotopia?
The Bloktopia is constructed by the BTCIN supply of 21 million BTC. It is a very interactive virtual skyscraper with 21 levels where players can participate in advanced learning about Blockchain technology, puzzle solution, virtual real estate, construction networks, play games, etc., and reward in BLOK currencies. Participants can rent the NFT real estate real estate obtained for other parties to use in advertising or hosting events.
While the Bloktopia ecological system looks fun and interactive, it has not collided with the right tension with users. Weak performance is not specific to the project, but it reflects the decrease in interest about Metaverse and NFTS around the world.
One of the main obstacles to entering the Metaverse system is the expensive equipment needed to provide overwhelming experiences. However, technological developments can reduce the cost and help increase the Bloktopia price and user numbers.
Prices Prices Bloktopia
Predicting Prices depend on its performance in the past year and the last momentum. The currency decreased by 25.9 % on an annual basis and lost 9.4 % last week. Also, it trades less than 50, 100 and 200 medium -moving levels on the daily chart. In addition, 50 MA crossed over 200 MA, confirming the declining control of the market.
The Blok price will remain defeated if it continues to face the resistance at the weighted moving average level (VWMA) at $ 0.000575. This momentum is likely to take the currency to the first support at $ 0.000482. The control extended by sellers can extend the decline to psychological support at $ 0.000400.
On the other hand, a fracture above $ 0.000575 will create a path to move the BLOK price to $ 0.000690 at the level of 50 MA. After this point, the second resistance momentum can be tested at $ 0.000800.
