Typical Bitcoin Highs & Lows

If history eludes to what will continue to happen in the cycle, we are looking at a cycle low occurring sometime after the midterm elections and a cycle top occurring after the presidential election. All in all – the exact date doesn’t matter! What matters is how you will position your portfolio during these times.

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What is the Metaverse?

The Metaverse is a virtual environment in which people can inhabit their own space and interact with others using a virtual avatar. This enables people to move around freely and engage in free speech and action. In this environment, people can also buy, sell, and exchange virtual property with other people in the same world. In some cases, these virtual properties can be in the form of non-fungible tokens.

Many companies have already begun collaborating with the Metaverse to create more content. One such company, the Sandbox, has partnered with popular gaming brands, including Lionsgate, to build a metaverse destination themed around the ‘Hellboy’ movie franchise. It also runs on the Ethereum blockchain, which provides top-of-the-line security. However, this also means that gas costs are high. Developers can also use the Sandbox editor to create their own virtual worlds.

Aside from Microsoft, NVIDIA, and Epic Games have also announced plans to explore the metaverse. In addition to game developers, several big brands have invested in NFTs to reward users with virtual lands. One of these projects, the Sandbox, uses blockchain technologies to make in-game collectibles and trading cards. Coca-Cola has also partnered with the online game creation system Roblox to sell digital accessories that serve as stepping stones to the metaverse.

The Metaverse has the potential to change the way we live. For example, the technology behind Decentraland allows players to monetize their time in the Metaverse. This means that players can sell goods and services they create in the Metaverse and earn virtual currency.

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