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Mobius Capital Partners co-founder Mark Mobius says leading crypto Bitcoin (BTC) has not reached its bottom yet after a prolonged downtrend.
“[As long as traders] are still talking about buying on dips that means there is a feeling of hope. That also means that we have not reached the bottom of a bear market.”
In May, Mobius predicted Bitcoin would eventually reach the $20,000 mark before slightly bouncing and continuing to decline all the way down to $10,000.
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3u2LIDM
✔ XRP Technical Analysis: https://bit.ly/3OmrEUL
✔ Ripple CEO Criticizes SEC: https://bit.ly/3ykwiNL
✔ Michael Saylor on Crypto Regulation: https://bit.ly/3A7CRod
✔ Mark Mobius $10K Bitcoin Prediction: https://bit.ly/3nfVUVK
🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
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The Benefits of Metaverse Gaming
Many of us are familiar with online multiplayer games like World of Warcraft and League of Legends, which has laid the groundwork for a metaverse. Most people think that metaverse is simply a platform where you can play games, but there are many more benefits of metaverse gaming. Here are some of them. – Metaverse is a social network, but more importantly, it is also a place where you can interact with others in real life.
– The term metaverse is derived from the Greek prefix “meta” and “universe.” It refers to the shared virtual worlds that people can interact in. Users can use cryptocurrency to buy properties and avatars in the metaverse, which they can use to interact with others. Users can use these virtual worlds to buy goods and services, go to facilities, and have events. There are also a variety of ways that the metaverse can change how we live and work.
– Companies are investing in metaverse. Animoca Brands, which has raised $810 million in the past two years, is one of those early adopters. Founded in 1999, the mobile games company has faced financial troubles and regulatory pressure for its crypto-based business. It is investing in internal product development, blockchain technologies, and non-fungible tokens, a digital ledger that stores value. The company expects that the metaverse market will be $21.7 trillion by 2030.
