The whole reason behind the rise of Metaverse 九月 21, 2018

Anyone looking at Metaverse (ETP)’s chart from July to date would be forgiven for thinking it’s a chart from 2017 when the market was in a massive bull rally. That’s because it has been on a steady rise from a low of $0.50 to its current price of over $3, and doesn’t seem to be easing up. It has held its value all through the boom and bust cycles that the market has experienced in the last 3 months and looks set to continue in this trajectory. That’s because today the market has dropped again, and most altcoins are down by over 12%. Interestingly, Metaverse is still holding strong and has only retraced by around 5%. That can’t even be considered a retracement, it is just a minor bleep in the market, one that happens on a daily basis.

The whole reason behind the rise of Metaverse (ETP) is a mystery. At first, speculation was rife that it was a pump and dump, but that has worn off. That’s because it hasn’t shown any sudden spikes that could indicate some level of unusual activity. It has simply been gaining organically all through, with minor corrections that are characteristic of any market.