Metaverse Highstreet Project NFT Floor Price Increases Over 160% In 24 Hours

Key Points:

• The floor price of the NFT Forever Fomo Duck Squad collection developed by the Metaverse Highstreet project has increased by more than 160% in 24 hours.
• Following the momentum, the HIGH token has gained 170% in 24 hours, and the current price is $3.49.

According to NFTGo.io data, the floor price of the NFT Forever FOMO Duck Squad project has increased by 157.56% in 24 hours, and the current price is 0.143 ETH. Forever FOMO Duck Squad is the genesis collection of NFTs for Highstreet World, made up of 7,500 procedurally generated (and 500 celebrity-inspired) FOMO ducks designed to have continuing utility within the Highstreet metaverse.

Highstreet (HIGH) is an MMORPG game that blurs the boundaries between physical and virtual worlds. All the in-game items are represented on the platform as ERC-721 non-fungible tokens (NFTs) divided into two fractions. While purchasing the digital fraction allows players to use the thing within the metaverse, buying the NFT will enable gamers to receive the item in real life.

With that, the price of the Metaverse Highstreet project HIGH Token has increased by almost 170% in 24 hours, and the current price is $3.49.

HIGH Token (Highstreet) is a native token of a decentralized commerce-centric play-to-earn metaverse built with virtual reality (VR) support. Apart from realizing a two-way currency flow within physical and virtual worlds, Highstreet (HIGH) introduces a market where in-game items can be redeemed for real-life products. During gameplay, users can explore the metaverse, fight monsters, and complete quests while acquiring goods that have both digital and real-world utility.

According to information on the project’s official website, Highstreet completed a $5 million funding in August 2021, with participation from Binance Labs, Shima Capital, Animoca Brands, and others.

The project sponsor, Binance, yesterday also made a statement regarding the development of Metaverse projects. Specifically, Binance CEO CZ stated in the latest Binance AMA that if Binance builds a metaverse, it will undoubtedly be backed by BNB, but since Binance (yet) is not a game builder. Without a game-building team, CZ wants to invest in other VR or metaverse games.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

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