The crypto market is showing positive signs as Bitcoin and Ethereum are seeing price growth, albeit not huge. Metaverse cryptocurrencies continue to dominate the market, notably a new token released yesterday, MarkMeta, is up more than 1000% in the last 24 hours.

Learn more about the Metaverse-MarkMeta (MMT) cryptocurrency.

MarkMeta (MMT) is a Binance Smart Chain MMORPG launched on February 15, 2022 with realistic graphics made with the Unreal Engine. User owned and created project with the mission to connect gaming, decentralized applications and virtual reality through their metaverse.

All in-game assets are tokenized as NFTs, allowing Metaverse citizens to securely author, create, and trade digital assets on the Large MarkMeta Marketplace.

The MMT ecosystem will include education services such as schools and universities, productivity services such as business meetings and banking, business services such as marketplaces, and entertainment services such as gaming, gaming and shopping.

Additionally, MMT has a fully community-owned decentralized autonomous organization that determines the future of the world and votes on various proposals.

MarkMeta is currently in development, Marketplaces, dApps and Labs will follow shortly.

MarkMeta is up over 1000% in price today

As the latest project to be released, MMT’s recent price surge is most likely due to the natural FOMO hype indicated by newly listed coins.

MMT is only listed on PancakeSwap and all volume comes from this exchange. This is good news because PancakeSwap is a reputable decentralized exchange with a high trust score.

MMT’s current valuation is $173 million with a 24-hour trading volume of $411,000. A valuation of $173 million for a newly released project is relatively high, especially since MarkMeta doesn’t yet have a Minimum Viable Product or a dApp.

While MarkMeta’s vision is great, the project has yet to release a Minimum Viable Product in the form of a dApp before tokenizing on PancakeSwap. Also, looking at the distribution of holders, 4 contract addresses hold more than 59% of the token supply, which is quite worrying.

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